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, September 4, 2024
4:30 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City
Attorney
Stephanie Roseen, Acting City
Clerk
CLOSED SESSION (4:30 PM)
1. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION, SIGNIFICANT EXPOSURE TO LITIGATION
Gov. Code Section 54956.9(d)(2) or (3): One Case
2. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI230303456
City of Perris v. City of Menifee
3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI2203040
City of Menifee v. City of Perris
4. CONFERENCE WITH LABOR NEGOTIATORS
Pursuant to Government Code section 54957.6
Negotiators: Asst. to the City Manager Rebekah Kramer, Asst. City Manager, Bryan Jones, City Manager Armando G. Villa
Labor Agreement Negotiations: Menifee Police Officers Association (POA); Menifee Police Management Association (PMA); and Menifee Police Employee Association (PEA)
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. WORDS OF INSPIRATION
3.1. Ministry Leader Tanner Williams – Revival Christian Fellowship
4. PLEDGE OF ALLEGIANCE
5. PRESENTATIONS
5.1. National Prepardness Week Proclamation and CERT Recognitions
5.2. Childhood Cancer Awareness Month Proclamation
5.3. Winchester Community Plan Informational Update by Riverside County
6. AGENDA APPROVAL OR MODIFICATIONS
7. PUBLIC COMMENTS (NONAGENDA ITEMS)
This is the time for members of the public to address the Council about items which are NOT listed on the agenda. The Ralph M. Brown Act limits the Council’s ability to respon d to comments on nonagendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.
8. COUNCILMEMBER UPDATES AND COMMENTS
9. APPROVAL OF MINUTES
9.1 August 7, 2024 Minutes
10. CONSENT CALENDAR
All matters on the Consent Calendar are to be approved in one motion unless a Councilmember requests a separate action on a specific item on the Consent Calendar. If an item is removed from the Consent Calendar, it will be discussed individually and acted upon separately. Unless otherwise directed by a member of the City Council, the vote on ordinance adoptions will reflect the prior action of each Councilmember when the ordinance was introduced. However, if a Councilmember is not present at the City Council meeting, their vote will be reflected as absent.
10.1 Waiver of Reading
RECOMMENDED ACTION
1. Waive the reading in full of any and all Ordinances listed on this agenda and provide that they be read by title only.
10.2 Warrant Register
RECOMMENDED ACTION
1. Ratify and approve the Voucher Lists dated 08/02/2024, and 08/09/2024, the Payroll Register/Other EFTs dated 08/02/2024 and 08/05/2024 which have a total budgetary impact of $4,847,140.77.
10.3 Treasurer's Report June 2024
RECOMMENDED ACTION
1. Receive and file the Quarterly Treasurer’s Report as of June 30, 2024.
10.4 Senate Bill 1205 Annual Compliance Report
RECOMMENDED ACTION
1. Adopt a resolution acknowledging receipt of a report regarding the inspection of certain occupancies requiring annual inspections pursuant to California Health and Safety Code Sections 13145, 13146, and 17921.
10.5 Second Reading and Adoption of an Ordinance Approving the Zone Change for “Villagio Villas”
RECOMMENDED ACTION
1. Adopt an ordinance approving Zone Change No. PLN210376 for “Villagio Villas,” located south of McCall Boulevard at the southern terminus of Encanto Drive.
10.6 Second Reading and Adoption of an Ordinance to Levy Special Taxes Within Improvement Area No. 2 of Community Facilities District No. 20232, Cimarron Ridge RECOMMENDED ACTION
1. Adopt an ordinance authorizing the levy of special taxes for Improvement Area No. 2 of Community Facilities District (CFD) No. 20232, Cimarron Ridge, located southwest of McLaughlin Road and Byers Road.
10.7 Confidential Employee Salary and Benefits
RECOMMENDED ACTION
1. Adopt a resolution establishing the salary and benefits of unrepresented confidential employees for the period of July 1, 2024, through June 30, 2027; and
2. Adopt a resolution approving the Classification and Compensation Plan known as the Authorized Position Listing.
10.8 Agreement with Riverside County Transportation Commission and KB Coastal, Inc. for Railway Modifications
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Railway Crossing Agreement between the City of Menifee, Riverside County Transportation Commission, and KB Home Coastal Inc. for railway modifications located at the intersection of Menifee Road and Matthews Road and associated with Tract Map 29835.
10.9 Agreement Amendment with Southstar Engineering & Consulting, Inc., for Construction Management Services for the Holland Road/I215 Overcrossing Project RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 2 to the Professional Services Agreement with Southstar Engineering & Consulting, Inc. increasing the compensation by $228,000 for a total agreement amount notto exceed $4,628,642.74, for the Holland Road / I215 Overcrossing Project, Capital Improvement Program Project No.CIP 1303.
10.10 Landscape Improvement Agreement and Bond for Plot Plan 2015164, Del Oro North Apartments by Jefferson Menifee, LLC
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Landscape Improvement Agreement to guarantee the completion of required public streetscape improvements associated with Del Oro North Apartments, by Jefferson Menifee, LLC, located north of Holland Road and east of Hanover Lane.
10.11 Final Map, Agreements, and Bonds for Tract Map 366585, Cimarron Ridge, by Pulte Homes Company, LLC
RECOMMENDED ACTION
1. Approve and authorize the filing of the final map for Tract Map 366585, Cimmaron Ridge, by Pulte Homes Company, LLC, located east of Valley Boulevard and south of McLaughlin Road; and
2. Approve and authorize the City Manager to execute subdivision improvement agreements to guarantee completion of required onsite and offsite improvements associated with Tract Map 366585.
10.12 Acceptance of Public Improvements and 90% Release of Security for Tract Map 29835, Underwood, Offsite Improvements, by KB Home Coastal Inc.
RECOMMENDED ACTION
1. Accept the public improvements for streets and drainage on Menifee Road and Matthews Road associated with Tract Map 29835, Underwood by KB Home Coastal, Inc., located north of Chambers Avenue and east of Antelope Road; and
2. Authorize the City Engineer to release 90% of the posted securities per the City’s standard policies.
11. PUBLIC HEARING ITEMS NONE
12. DISCUSSION ITEMS NONE
13. CITY ATTORNEY REPORTS
14. CITY MANAGER REPORTS
15. FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
> Road Name Change of Haun Road (Sobek, June 5, 2024)
Target Date: TBD
> Feasibility of Paving Dirt Roads in the City (Estrada, June 5, 2024) Target Date: TBD
> Homeless Task Force Update (Sobek, July 17, 2024)
Target Date: September 18, 2024
16. ADJOURN
Decorum Policy Notes
The Council anticipates and encourages public participation at its Council meeting, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.
Staff Reports
Materials related to an item on this agenda, including those submitted to the City Council after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.
Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.
Menifee
Mayor
and
City
Council
September
4,
2024
Page
1 of 489
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, September 4, 2024
4:30 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City
Attorney
Stephanie Roseen, Acting City
Clerk
CLOSED SESSION (4:30 PM)
1. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION, SIGNIFICANT EXPOSURE TO LITIGATION
Gov. Code Section 54956.9(d)(2) or (3): One Case
2. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI230303456
City of Perris v. City of Menifee
3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI2203040
City of Menifee v. City of Perris
4. CONFERENCE WITH LABOR NEGOTIATORS
Pursuant to Government Code section 54957.6
Negotiators: Asst. to the City Manager Rebekah Kramer, Asst. City Manager, Bryan Jones, City Manager Armando G. Villa
Labor Agreement Negotiations: Menifee Police Officers Association (POA); Menifee Police Management Association (PMA); and Menifee Police Employee Association (PEA)
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. WORDS OF INSPIRATION
3.1. Ministry Leader Tanner Williams – Revival Christian Fellowship
4. PLEDGE OF ALLEGIANCE
5. PRESENTATIONS
5.1. National Prepardness Week Proclamation and CERT Recognitions
5.2. Childhood Cancer Awareness Month Proclamation
5.3. Winchester Community Plan Informational Update by Riverside County
6. AGENDA APPROVAL OR MODIFICATIONS
7. PUBLIC COMMENTS (NONAGENDA ITEMS)
This is the time for members of the public to address the Council about items which are NOT listed on the agenda. The Ralph M. Brown Act limits the Council’s ability to respon d to comments on nonagendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.
8. COUNCILMEMBER UPDATES AND COMMENTS
9. APPROVAL OF MINUTES
9.1 August 7, 2024 Minutes
10. CONSENT CALENDAR
All matters on the Consent Calendar are to be approved in one motion unless a Councilmember requests a separate action on a specific item on the Consent Calendar. If an item is removed from the Consent Calendar, it will be discussed individually and acted upon separately. Unless otherwise directed by a member of the City Council, the vote on ordinance adoptions will reflect the prior action of each Councilmember when the ordinance was introduced. However, if a Councilmember is not present at the City Council meeting, their vote will be reflected as absent.
10.1 Waiver of Reading
RECOMMENDED ACTION
1. Waive the reading in full of any and all Ordinances listed on this agenda and provide that they be read by title only.
10.2 Warrant Register
RECOMMENDED ACTION
1. Ratify and approve the Voucher Lists dated 08/02/2024, and 08/09/2024, the Payroll Register/Other EFTs dated 08/02/2024 and 08/05/2024 which have a total budgetary impact of $4,847,140.77.
10.3 Treasurer's Report June 2024
RECOMMENDED ACTION
1. Receive and file the Quarterly Treasurer’s Report as of June 30, 2024.
10.4 Senate Bill 1205 Annual Compliance Report
RECOMMENDED ACTION
1. Adopt a resolution acknowledging receipt of a report regarding the inspection of certain occupancies requiring annual inspections pursuant to California Health and Safety Code Sections 13145, 13146, and 17921.
10.5 Second Reading and Adoption of an Ordinance Approving the Zone Change for “Villagio Villas”
RECOMMENDED ACTION
1. Adopt an ordinance approving Zone Change No. PLN210376 for “Villagio Villas,” located south of McCall Boulevard at the southern terminus of Encanto Drive.
10.6 Second Reading and Adoption of an Ordinance to Levy Special Taxes Within Improvement Area No. 2 of Community Facilities District No. 20232, Cimarron Ridge RECOMMENDED ACTION
1. Adopt an ordinance authorizing the levy of special taxes for Improvement Area No. 2 of Community Facilities District (CFD) No. 20232, Cimarron Ridge, located southwest of McLaughlin Road and Byers Road.
10.7 Confidential Employee Salary and Benefits
RECOMMENDED ACTION
1. Adopt a resolution establishing the salary and benefits of unrepresented confidential employees for the period of July 1, 2024, through June 30, 2027; and
2. Adopt a resolution approving the Classification and Compensation Plan known as the Authorized Position Listing.
10.8 Agreement with Riverside County Transportation Commission and KB Coastal, Inc. for Railway Modifications
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Railway Crossing Agreement between the City of Menifee, Riverside County Transportation Commission, and KB Home Coastal Inc. for railway modifications located at the intersection of Menifee Road and Matthews Road and associated with Tract Map 29835.
10.9 Agreement Amendment with Southstar Engineering & Consulting, Inc., for Construction Management Services for the Holland Road/I215 Overcrossing Project RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 2 to the Professional Services Agreement with Southstar Engineering & Consulting, Inc. increasing the compensation by $228,000 for a total agreement amount notto exceed $4,628,642.74, for the Holland Road / I215 Overcrossing Project, Capital Improvement Program Project No.CIP 1303.
10.10 Landscape Improvement Agreement and Bond for Plot Plan 2015164, Del Oro North Apartments by Jefferson Menifee, LLC
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Landscape Improvement Agreement to guarantee the completion of required public streetscape improvements associated with Del Oro North Apartments, by Jefferson Menifee, LLC, located north of Holland Road and east of Hanover Lane.
10.11 Final Map, Agreements, and Bonds for Tract Map 366585, Cimarron Ridge, by Pulte Homes Company, LLC
RECOMMENDED ACTION
1. Approve and authorize the filing of the final map for Tract Map 366585, Cimmaron Ridge, by Pulte Homes Company, LLC, located east of Valley Boulevard and south of McLaughlin Road; and
2. Approve and authorize the City Manager to execute subdivision improvement agreements to guarantee completion of required onsite and offsite improvements associated with Tract Map 366585.
10.12 Acceptance of Public Improvements and 90% Release of Security for Tract Map 29835, Underwood, Offsite Improvements, by KB Home Coastal Inc.
RECOMMENDED ACTION
1. Accept the public improvements for streets and drainage on Menifee Road and Matthews Road associated with Tract Map 29835, Underwood by KB Home Coastal, Inc., located north of Chambers Avenue and east of Antelope Road; and
2. Authorize the City Engineer to release 90% of the posted securities per the City’s standard policies.
11. PUBLIC HEARING ITEMS NONE
12. DISCUSSION ITEMS NONE
13. CITY ATTORNEY REPORTS
14. CITY MANAGER REPORTS
15. FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
> Road Name Change of Haun Road (Sobek, June 5, 2024)
Target Date: TBD
> Feasibility of Paving Dirt Roads in the City (Estrada, June 5, 2024) Target Date: TBD
> Homeless Task Force Update (Sobek, July 17, 2024)
Target Date: September 18, 2024
16. ADJOURN
Decorum Policy Notes
The Council anticipates and encourages public participation at its Council meeting, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.
Staff Reports
Materials related to an item on this agenda, including those submitted to the City Council after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.
Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.
Menifee
Mayor
and
City
Council
September
4,
2024
Page
2 of 489
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, September 4, 2024
4:30 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City
Attorney
Stephanie Roseen, Acting City
Clerk
CLOSED SESSION (4:30 PM)
1. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION, SIGNIFICANT EXPOSURE TO LITIGATION
Gov. Code Section 54956.9(d)(2) or (3): One Case
2. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI230303456
City of Perris v. City of Menifee
3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI2203040
City of Menifee v. City of Perris
4. CONFERENCE WITH LABOR NEGOTIATORS
Pursuant to Government Code section 54957.6
Negotiators: Asst. to the City Manager Rebekah Kramer, Asst. City Manager, Bryan Jones, City Manager Armando G. Villa
Labor Agreement Negotiations: Menifee Police Officers Association (POA); Menifee Police Management Association (PMA); and Menifee Police Employee Association (PEA)
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. WORDS OF INSPIRATION
3.1. Ministry Leader Tanner Williams – Revival Christian Fellowship
4. PLEDGE OF ALLEGIANCE
5. PRESENTATIONS
5.1. National Prepardness Week Proclamation and CERT Recognitions
5.2. Childhood Cancer Awareness Month Proclamation
5.3. Winchester Community Plan Informational Update by Riverside County
6. AGENDA APPROVAL OR MODIFICATIONS
7. PUBLIC COMMENTS (NONAGENDA ITEMS)
This is the time for members of the public to address the Council about items which are NOT listed on the agenda. The Ralph M. Brown Act limits the Council’s ability to respon d to comments on nonagendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.
8. COUNCILMEMBER UPDATES AND COMMENTS
9. APPROVAL OF MINUTES
9.1 August 7, 2024 Minutes
10. CONSENT CALENDAR
All matters on the Consent Calendar are to be approved in one motion unless a Councilmember requests a separate action on a specific item on the Consent Calendar. If an item is removed from the Consent Calendar, it will be discussed individually and acted upon separately. Unless otherwise directed by a member of the City Council, the vote on ordinance adoptions will reflect the prior action of each Councilmember when the ordinance was introduced. However, if a Councilmember is not present at the City Council meeting, their vote will be reflected as absent.
10.1 Waiver of Reading
RECOMMENDED ACTION
1. Waive the reading in full of any and all Ordinances listed on this agenda and provide that they be read by title only.
10.2 Warrant Register
RECOMMENDED ACTION
1. Ratify and approve the Voucher Lists dated 08/02/2024, and 08/09/2024, the Payroll Register/Other EFTs dated 08/02/2024 and 08/05/2024 which have a total budgetary impact of $4,847,140.77.
10.3 Treasurer's Report June 2024
RECOMMENDED ACTION
1. Receive and file the Quarterly Treasurer’s Report as of June 30, 2024.
10.4 Senate Bill 1205 Annual Compliance Report
RECOMMENDED ACTION
1. Adopt a resolution acknowledging receipt of a report regarding the inspection of certain occupancies requiring annual inspections pursuant to California Health and Safety Code Sections 13145, 13146, and 17921.
10.5 Second Reading and Adoption of an Ordinance Approving the Zone Change for “Villagio Villas”
RECOMMENDED ACTION
1. Adopt an ordinance approving Zone Change No. PLN210376 for “Villagio Villas,” located south of McCall Boulevard at the southern terminus of Encanto Drive.
10.6 Second Reading and Adoption of an Ordinance to Levy Special Taxes Within Improvement Area No. 2 of Community Facilities District No. 20232, Cimarron Ridge RECOMMENDED ACTION
1. Adopt an ordinance authorizing the levy of special taxes for Improvement Area No. 2 of Community Facilities District (CFD) No. 20232, Cimarron Ridge, located southwest of McLaughlin Road and Byers Road.
10.7 Confidential Employee Salary and Benefits
RECOMMENDED ACTION
1. Adopt a resolution establishing the salary and benefits of unrepresented confidential employees for the period of July 1, 2024, through June 30, 2027; and
2. Adopt a resolution approving the Classification and Compensation Plan known as the Authorized Position Listing.
10.8 Agreement with Riverside County Transportation Commission and KB Coastal, Inc. for Railway Modifications
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Railway Crossing Agreement between the City of Menifee, Riverside County Transportation Commission, and KB Home Coastal Inc. for railway modifications located at the intersection of Menifee Road and Matthews Road and associated with Tract Map 29835.
10.9 Agreement Amendment with Southstar Engineering & Consulting, Inc., for Construction Management Services for the Holland Road/I215 Overcrossing Project RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 2 to the Professional Services Agreement with Southstar Engineering & Consulting, Inc. increasing the compensation by $228,000 for a total agreement amount notto exceed $4,628,642.74, for the Holland Road / I215 Overcrossing Project, Capital Improvement Program Project No.CIP 1303.
10.10 Landscape Improvement Agreement and Bond for Plot Plan 2015164, Del Oro North Apartments by Jefferson Menifee, LLC
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Landscape Improvement Agreement to guarantee the completion of required public streetscape improvements associated with Del Oro North Apartments, by Jefferson Menifee, LLC, located north of Holland Road and east of Hanover Lane.
10.11 Final Map, Agreements, and Bonds for Tract Map 366585, Cimarron Ridge, by Pulte Homes Company, LLC
RECOMMENDED ACTION
1. Approve and authorize the filing of the final map for Tract Map 366585, Cimmaron Ridge, by Pulte Homes Company, LLC, located east of Valley Boulevard and south of McLaughlin Road; and
2. Approve and authorize the City Manager to execute subdivision improvement agreements to guarantee completion of required onsite and offsite improvements associated with Tract Map 366585.
10.12 Acceptance of Public Improvements and 90% Release of Security for Tract Map 29835, Underwood, Offsite Improvements, by KB Home Coastal Inc.
RECOMMENDED ACTION
1. Accept the public improvements for streets and drainage on Menifee Road and Matthews Road associated with Tract Map 29835, Underwood by KB Home Coastal, Inc., located north of Chambers Avenue and east of Antelope Road; and
2. Authorize the City Engineer to release 90% of the posted securities per the City’s standard policies.
11. PUBLIC HEARING ITEMS NONE
12. DISCUSSION ITEMS NONE
13. CITY ATTORNEY REPORTS
14. CITY MANAGER REPORTS
15. FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
> Road Name Change of Haun Road (Sobek, June 5, 2024)
Target Date: TBD
> Feasibility of Paving Dirt Roads in the City (Estrada, June 5, 2024) Target Date: TBD
> Homeless Task Force Update (Sobek, July 17, 2024)
Target Date: September 18, 2024
16. ADJOURN
Decorum Policy Notes
The Council anticipates and encourages public participation at its Council meeting, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.
Staff Reports
Materials related to an item on this agenda, including those submitted to the City Council after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.
Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.
Menifee
Mayor
and
City
Council
September
4,
2024
Page
3 of 489
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, September 4, 2024
4:30 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City
Attorney
Stephanie Roseen, Acting City
Clerk
CLOSED SESSION (4:30 PM)
1. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION, SIGNIFICANT EXPOSURE TO LITIGATION
Gov. Code Section 54956.9(d)(2) or (3): One Case
2. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI230303456
City of Perris v. City of Menifee
3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI2203040
City of Menifee v. City of Perris
4. CONFERENCE WITH LABOR NEGOTIATORS
Pursuant to Government Code section 54957.6
Negotiators: Asst. to the City Manager Rebekah Kramer, Asst. City Manager, Bryan Jones, City Manager Armando G. Villa
Labor Agreement Negotiations: Menifee Police Officers Association (POA); Menifee Police Management Association (PMA); and Menifee Police Employee Association (PEA)
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. WORDS OF INSPIRATION
3.1. Ministry Leader Tanner Williams – Revival Christian Fellowship
4. PLEDGE OF ALLEGIANCE
5. PRESENTATIONS
5.1. National Prepardness Week Proclamation and CERT Recognitions
5.2. Childhood Cancer Awareness Month Proclamation
5.3. Winchester Community Plan Informational Update by Riverside County
6. AGENDA APPROVAL OR MODIFICATIONS
7. PUBLIC COMMENTS (NONAGENDA ITEMS)
This is the time for members of the public to address the Council about items which are NOT listed on the agenda. The Ralph M. Brown Act limits the Council’s ability to respon d to comments on nonagendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.
8. COUNCILMEMBER UPDATES AND COMMENTS
9. APPROVAL OF MINUTES
9.1 August 7, 2024 Minutes
10. CONSENT CALENDAR
All matters on the Consent Calendar are to be approved in one motion unless a Councilmember requests a separate action on a specific item on the Consent Calendar. If an item is removed from the Consent Calendar, it will be discussed individually and acted upon separately. Unless otherwise directed by a member of the City Council, the vote on ordinance adoptions will reflect the prior action of each Councilmember when the ordinance was introduced. However, if a Councilmember is not present at the City Council meeting, their vote will be reflected as absent.
10.1 Waiver of Reading
RECOMMENDED ACTION
1. Waive the reading in full of any and all Ordinances listed on this agenda and provide that they be read by title only.
10.2 Warrant Register
RECOMMENDED ACTION
1. Ratify and approve the Voucher Lists dated 08/02/2024, and 08/09/2024, the Payroll Register/Other EFTs dated 08/02/2024 and 08/05/2024 which have a total budgetary impact of $4,847,140.77.
10.3 Treasurer's Report June 2024
RECOMMENDED ACTION
1. Receive and file the Quarterly Treasurer’s Report as of June 30, 2024.
10.4 Senate Bill 1205 Annual Compliance Report
RECOMMENDED ACTION
1. Adopt a resolution acknowledging receipt of a report regarding the inspection of certain occupancies requiring annual inspections pursuant to California Health and Safety Code Sections 13145, 13146, and 17921.
10.5 Second Reading and Adoption of an Ordinance Approving the Zone Change for “Villagio Villas”
RECOMMENDED ACTION
1. Adopt an ordinance approving Zone Change No. PLN210376 for “Villagio Villas,” located south of McCall Boulevard at the southern terminus of Encanto Drive.
10.6 Second Reading and Adoption of an Ordinance to Levy Special Taxes Within Improvement Area No. 2 of Community Facilities District No. 20232, Cimarron Ridge RECOMMENDED ACTION
1. Adopt an ordinance authorizing the levy of special taxes for Improvement Area No. 2 of Community Facilities District (CFD) No. 20232, Cimarron Ridge, located southwest of McLaughlin Road and Byers Road.
10.7 Confidential Employee Salary and Benefits
RECOMMENDED ACTION
1. Adopt a resolution establishing the salary and benefits of unrepresented confidential employees for the period of July 1, 2024, through June 30, 2027; and
2. Adopt a resolution approving the Classification and Compensation Plan known as the Authorized Position Listing.
10.8 Agreement with Riverside County Transportation Commission and KB Coastal, Inc. for Railway Modifications
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Railway Crossing Agreement between the City of Menifee, Riverside County Transportation Commission, and KB Home Coastal Inc. for railway modifications located at the intersection of Menifee Road and Matthews Road and associated with Tract Map 29835.
10.9 Agreement Amendment with Southstar Engineering & Consulting, Inc., for Construction Management Services for the Holland Road/I215 Overcrossing Project RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 2 to the Professional Services Agreement with Southstar Engineering & Consulting, Inc. increasing the compensation by $228,000 for a total agreement amount notto exceed $4,628,642.74, for the Holland Road / I215 Overcrossing Project, Capital Improvement Program Project No.CIP 1303.
10.10 Landscape Improvement Agreement and Bond for Plot Plan 2015164, Del Oro North Apartments by Jefferson Menifee, LLC
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Landscape Improvement Agreement to guarantee the completion of required public streetscape improvements associated with Del Oro North Apartments, by Jefferson Menifee, LLC, located north of Holland Road and east of Hanover Lane.
10.11 Final Map, Agreements, and Bonds for Tract Map 366585, Cimarron Ridge, by Pulte Homes Company, LLC
RECOMMENDED ACTION
1. Approve and authorize the filing of the final map for Tract Map 366585, Cimmaron Ridge, by Pulte Homes Company, LLC, located east of Valley Boulevard and south of McLaughlin Road; and
2. Approve and authorize the City Manager to execute subdivision improvement agreements to guarantee completion of required onsite and offsite improvements associated with Tract Map 366585.
10.12 Acceptance of Public Improvements and 90% Release of Security for Tract Map 29835, Underwood, Offsite Improvements, by KB Home Coastal Inc.
RECOMMENDED ACTION
1. Accept the public improvements for streets and drainage on Menifee Road and Matthews Road associated with Tract Map 29835, Underwood by KB Home Coastal, Inc., located north of Chambers Avenue and east of Antelope Road; and
2. Authorize the City Engineer to release 90% of the posted securities per the City’s standard policies.
11. PUBLIC HEARING ITEMS NONE
12. DISCUSSION ITEMS NONE
13. CITY ATTORNEY REPORTS
14. CITY MANAGER REPORTS
15. FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
> Road Name Change of Haun Road (Sobek, June 5, 2024)
Target Date: TBD
> Feasibility of Paving Dirt Roads in the City (Estrada, June 5, 2024) Target Date: TBD
> Homeless Task Force Update (Sobek, July 17, 2024)
Target Date: September 18, 2024
16. ADJOURN
Decorum Policy Notes
The Council anticipates and encourages public participation at its Council meeting, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.
Staff Reports
Materials related to an item on this agenda, including those submitted to the City Council after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.
Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.
Menifee
Mayor
and
City
Council
September
4,
2024
Page
4 of 489
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, September 4, 2024
4:30 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City
Attorney
Stephanie Roseen, Acting City
Clerk
CLOSED SESSION (4:30 PM)
1. CONFERENCE WITH LEGAL COUNSEL ANTICIPATED LITIGATION, SIGNIFICANT EXPOSURE TO LITIGATION
Gov. Code Section 54956.9(d)(2) or (3): One Case
2. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI230303456
City of Perris v. City of Menifee
3. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI2203040
City of Menifee v. City of Perris
4. CONFERENCE WITH LABOR NEGOTIATORS
Pursuant to Government Code section 54957.6
Negotiators: Asst. to the City Manager Rebekah Kramer, Asst. City Manager, Bryan Jones, City Manager Armando G. Villa
Labor Agreement Negotiations: Menifee Police Officers Association (POA); Menifee Police Management Association (PMA); and Menifee Police Employee Association (PEA)
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
2. ROLL CALL
3. WORDS OF INSPIRATION
3.1. Ministry Leader Tanner Williams – Revival Christian Fellowship
4. PLEDGE OF ALLEGIANCE
5. PRESENTATIONS
5.1. National Prepardness Week Proclamation and CERT Recognitions
5.2. Childhood Cancer Awareness Month Proclamation
5.3. Winchester Community Plan Informational Update by Riverside County
6. AGENDA APPROVAL OR MODIFICATIONS
7. PUBLIC COMMENTS (NONAGENDA ITEMS)
This is the time for members of the public to address the Council about items which are NOT listed on the agenda. The Ralph M. Brown Act limits the Council’s ability to respon d to comments on nonagendized matters at the time such comments are made. Each speaker will be limited to three minutes on any single item.
8. COUNCILMEMBER UPDATES AND COMMENTS
9. APPROVAL OF MINUTES
9.1 August 7, 2024 Minutes
10. CONSENT CALENDAR
All matters on the Consent Calendar are to be approved in one motion unless a Councilmember requests a separate action on a specific item on the Consent Calendar. If an item is removed from the Consent Calendar, it will be discussed individually and acted upon separately. Unless otherwise directed by a member of the City Council, the vote on ordinance adoptions will reflect the prior action of each Councilmember when the ordinance was introduced. However, if a Councilmember is not present at the City Council meeting, their vote will be reflected as absent.
10.1 Waiver of Reading
RECOMMENDED ACTION
1. Waive the reading in full of any and all Ordinances listed on this agenda and provide that they be read by title only.
10.2 Warrant Register
RECOMMENDED ACTION
1. Ratify and approve the Voucher Lists dated 08/02/2024, and 08/09/2024, the Payroll Register/Other EFTs dated 08/02/2024 and 08/05/2024 which have a total budgetary impact of $4,847,140.77.
10.3 Treasurer's Report June 2024
RECOMMENDED ACTION
1. Receive and file the Quarterly Treasurer’s Report as of June 30, 2024.
10.4 Senate Bill 1205 Annual Compliance Report
RECOMMENDED ACTION
1. Adopt a resolution acknowledging receipt of a report regarding the inspection of certain occupancies requiring annual inspections pursuant to California Health and Safety Code Sections 13145, 13146, and 17921.
10.5 Second Reading and Adoption of an Ordinance Approving the Zone Change for “Villagio Villas”
RECOMMENDED ACTION
1. Adopt an ordinance approving Zone Change No. PLN210376 for “Villagio Villas,” located south of McCall Boulevard at the southern terminus of Encanto Drive.
10.6 Second Reading and Adoption of an Ordinance to Levy Special Taxes Within Improvement Area No. 2 of Community Facilities District No. 20232, Cimarron Ridge RECOMMENDED ACTION
1. Adopt an ordinance authorizing the levy of special taxes for Improvement Area No. 2 of Community Facilities District (CFD) No. 20232, Cimarron Ridge, located southwest of McLaughlin Road and Byers Road.
10.7 Confidential Employee Salary and Benefits
RECOMMENDED ACTION
1. Adopt a resolution establishing the salary and benefits of unrepresented confidential employees for the period of July 1, 2024, through June 30, 2027; and
2. Adopt a resolution approving the Classification and Compensation Plan known as the Authorized Position Listing.
10.8 Agreement with Riverside County Transportation Commission and KB Coastal, Inc. for Railway Modifications
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Railway Crossing Agreement between the City of Menifee, Riverside County Transportation Commission, and KB Home Coastal Inc. for railway modifications located at the intersection of Menifee Road and Matthews Road and associated with Tract Map 29835.
10.9 Agreement Amendment with Southstar Engineering & Consulting, Inc., for Construction Management Services for the Holland Road/I215 Overcrossing Project RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute Amendment No. 2 to the Professional Services Agreement with Southstar Engineering & Consulting, Inc. increasing the compensation by $228,000 for a total agreement amount notto exceed $4,628,642.74, for the Holland Road / I215 Overcrossing Project, Capital Improvement Program Project No.CIP 1303.
10.10 Landscape Improvement Agreement and Bond for Plot Plan 2015164, Del Oro North Apartments by Jefferson Menifee, LLC
RECOMMENDED ACTION
1. Approve and authorize the City Manager to execute a Landscape Improvement Agreement to guarantee the completion of required public streetscape improvements associated with Del Oro North Apartments, by Jefferson Menifee, LLC, located north of Holland Road and east of Hanover Lane.
10.11 Final Map, Agreements, and Bonds for Tract Map 366585, Cimarron Ridge, by Pulte Homes Company, LLC
RECOMMENDED ACTION
1. Approve and authorize the filing of the final map for Tract Map 366585, Cimmaron Ridge, by Pulte Homes Company, LLC, located east of Valley Boulevard and south of McLaughlin Road; and
2. Approve and authorize the City Manager to execute subdivision improvement agreements to guarantee completion of required onsite and offsite improvements associated with Tract Map 366585.
10.12 Acceptance of Public Improvements and 90% Release of Security for Tract Map 29835, Underwood, Offsite Improvements, by KB Home Coastal Inc.
RECOMMENDED ACTION
1. Accept the public improvements for streets and drainage on Menifee Road and Matthews Road associated with Tract Map 29835, Underwood by KB Home Coastal, Inc., located north of Chambers Avenue and east of Antelope Road; and
2. Authorize the City Engineer to release 90% of the posted securities per the City’s standard policies.
11. PUBLIC HEARING ITEMS NONE
12. DISCUSSION ITEMS NONE
13. CITY ATTORNEY REPORTS
14. CITY MANAGER REPORTS
15. FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
> Road Name Change of Haun Road (Sobek, June 5, 2024)
Target Date: TBD
> Feasibility of Paving Dirt Roads in the City (Estrada, June 5, 2024) Target Date: TBD
> Homeless Task Force Update (Sobek, July 17, 2024)
Target Date: September 18, 2024
16. ADJOURN
Decorum Policy Notes
The Council anticipates and encourages public participation at its Council meeting, both on agenda items and during the public comments period. Please turn your cell phones off, refrain from talking in the audience or outbursts that may be disruptive. We encourage participation and ask for a mutual respect for the proceedings.
Staff Reports
Materials related to an item on this agenda, including those submitted to the City Council after distribution of the agenda packet, are available for public inspection by contacting the City Clerk Department, at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours.
Compliance with the Americans with Disabilities Act
If you need special assistance to participate in this meeting, you should contact the City Clerk Department at (951) 6726777 or by coming into City Hall located at 29844 Haun Road, Menifee, CA, 92586 during normal business hours. Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.
Menifee
Mayor
and
City
Council
September
4,
2024
Page
5 of 489
Menifee Mayor and City Council August 21, 2024
City Council Chambers
29844 Haun Road
Menifee, CA 92586
Bill Zimmerman, Mayor
Bob Karwin, District 1
Ricky Estrada, District 2
Lesa Sobek, District 3
Dean Deines, District 4 MINUTES
Menifee City Council
Regular Meeting Minutes
Wednesday, August 21, 2024
5:00 PM Closed Session
6:00 PM Regular Meeting
Armando G. Villa, City Manager
Jeffrey T. Melching, City Attorney
Stephanie Roseen, Acting City Clerk
CLOSED SESSION (5:00 PM)
Mayor Zimmerman called the meeting to order at 5:00 PM. Present were Councilmembers Estrada, Karwin, Sobek, Mayor Pro Tem Deines, and Mayor Zimmerman. The City Council recessed to closed session at 5:00 PM for the purposes listed below.
1. CONFERENCE WITH LEGAL COUNSEL EXISTING LITIGATION
Government Code Paragraph (1) of subdivision (d) of Section 54956.9 Riverside County Superior Court Case No. CVRI2402960
Showprop Menifee DE, LLC v. City of Menifee
2. CONFERENCE WITH REAL PROPERTY NEGOTIATORS (Government Code § 54956.8) Property: 333080028;
Agency Negotiators: Armando Villa, City Manager; Nick Fidler, Public Works Director/City Engineer; Carlos E. Geronimo, Engineering Manager – Capital Improvement Programs; Jeffrey Melching, City Attorney;
Negotiating Parties: City of Menifee; PHH Real Estate; Under Negotiation: Price and Terms of Payment
3. CONFERENCE WITH REAL PROPERTY NEGOTIATORS (Government Code § 54956.8) Property: 333070041;
Agency Negotiators: Armando Villa, City Manager; Nick Fidler, Public Works Director/City Engineer; Carlos E. Geronimo, Engineering Manager – Capital Improvement Programs; Jeffrey Melching, City Attorney;
Negotiating Parties: City of Menifee; Romoland School District; Under Negotiation:
Price and Terms of Payment
REGULAR MEETING (6:00 PM)
1. CALL TO ORDER
Mayor Zimmerman called the meeting to order at 6:00 PM. City Attorney Jeffrey Melching stated there was no reportable action from closed session.
2. ROLL CALL
Present: Bill Zimmerman, Bob Karwin, Ricky Estrada, Lesa Sobek, Dean Deines
Absent: None
Item Title: 9.1
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Item Page Number: 1
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3. WORDS OF INSPIRATION
Anthony Cordero – Sun City Ward of the Church of Jesus Christ of Latterday Saints
4. PLEDGE OF ALLEGIANCE
Dave Foust led the flag salute.
5. PRESENTATIONS
5.1 Recognition of Joseph Carrillo
The City Council recognized Joseph Carrillo and presented him with a certificate.
5.2 Citizen of the Month – Amy Frahn
The City Council recognized Amy Frahn and presented her with a certificate.
5.3 Animal Friends of the Valley Update
Chief Mo Middleton with Animal Friends of the Valley provided a presentation.
5.4 Community Services Update
Community Services Supervisor Gabbie Coa provided a presentation.
6. AGENDA APPROVAL OR MODIFICATIONS
The agenda was approved unanimously (50) with no modifications.
7. PUBLIC COMMENTS (NONAGENDA ITEMS)
The following speakers addressed the City Council on nonagenidized items. •Girl Scout Troop 1070
Correspondence was received from the following.
•Don Slater
8. COUNCILMEMBER UPDATES AND COMMENTS
Councilmember Karwin reported on the meetings and events he attended. •Cherry Hill Plaza Tenants Meeting
•Ride Along with Menifee Police
•Menifee Citizens Academy
•Chamber Mixer at Exquisite Tapas
•Menifee Night at the Storm Stadium
•Wake Up Menifee at Menifee Union School District
•Sun City Civic Association Bingo
•Senior Appreciation Luncheon at Kay Ceniceros Center
•MilVet Packaging Event
•Arts Council Meeting Summer Nights
Item Title: 9.1
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Item Page Number: 2
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Councilmember Estrada reported on the meetings and events he attended. •Santa Rosa Academy Ribbon Cutting
•Menifee Citizens Academy
•MilVet Packaging Event
•Menifee Night at Storm Stadium
Councilmember Sobek reported on the meetings and events she attended. •Sun City Cruisers Meeting
•Sun City Farmers Market
•Community Partners Meeting
•Menifee Parks Ad Hoc Committee Meeting
•MilVet Packaging Event
•Menifee Citizens Academy
•Menifee Night at the Storm Stadium
Mayor Pro Tem Deines reported on the meetings and events he attended. •Riverside Transit Agency (RTA) Admin and Operations Meeting •Senator Seyarto’s Veterans Meeting
•Menifee Citizens Academy
•Menifee Night at the Storm Stadium
Mayor Zimmerman reported on the meetings and events he attended. •Cherry Hill Plaza Tenants Meeting
•Rotary Club Meeting
•Virtual Town Hall Meeting by Sheriff Chad Bianco
•Santa Rosa Academy Ribbon Cutting
•90 Year Old Birthday Event for Menifee Resident Ollie Beckham •Arts Council Meeting Summer Nights
•Community Partners Meeting
•Menifee Parks Ad Hoc Committee Meeting
•Menifee Citizens Academy
•Chamber Mixer at Exquisite Tapas
•MilVet Packaging Event
•Planning Commission Meeting
•Neighbors Monthly Mixer
•Menifee State of the City Planning Meeting
•Menifee Night at the Storm Stadium
•Arts Council Meeting Summer Nights
•Operations School Bell
•Chamber Wake Up at Menifee Union School District
9. APPROVAL OF MINUTES
The minutes were approved unanimously (50) with no modifications.
9.1 August 7, 2024 Minutes
Item Title: 9.1
August 7, 2024 Minutes
Item Page Number: 3
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10. CONSENT CALENDAR
Councilmember Deines requested to pull Item Nos. 10.3 and 10.10. Councilmember Sobek requested to pull Item No. 10.3.
The balance of the consent calendar was approved by the following vote.
MOVER: Bob Karwin
SECONDER: Lesa Sobek
10.1 Waiver of Reading
ACTION
1. Waived the reading in full of any and all Ordinances listed on this agenda and provided that they be read by title only.
10.2 Warrant Register
ACTION
1. Ratified and approved the Voucher Lists dated 07/19/2024, and 07/26/2024, the Payroll Register/Other EFTs dated 07/19/2024, 7/26/2024, and 07/29/2024 which have a total budgetary impact of $2,791,291.42.
10.3 Monthly Public Safety Reports
The City Council asked questions of staff.
ACTION
1. Received and filed the Public Safety Reports for June 2024.
MOVER: Lesa Sobek
SECONDER: Dean Deines
10.4 Second Reading and Adoption of an Ordinance to Levy Special Taxes into Community Facilities District 20171 Maintenance Services, Annexation No. 11, Golden Meadows ACTION
1. Adopted Ordinance No. 2024-396, amending Ordinance No. 17231 and levying special taxes to be collected during Fiscal Year 2024/2025 to pay the annual costs and expenses of the City of Menifee Community Facilities District (CFD) No. 20171 Maintenance Services, Annexation No. 11, located west of I215 at the southeast corner of the intersection of Garbani Road and Evans Road.
AYES: Zimmerman, Karwin, Estrada, Sobek, Deines
NAYS: None
RECUSE: None
AYES: Zimmerman, Karwin, Estrada, Sobek, Deines
NAYS: None
RECUSE: None
Item Title: 9.1
August 7, 2024 Minutes
Item Page Number: 4
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10.5 Second Reading and Adoption of an Ordinance to Levy Special Taxes into Community Facilities District 20171 Maintenance Services, Annexation No. 21, River Walk Village ACTION
1. Adopted Ordinance No. 2024-397, amending Ordinance No. 17231 and levying special taxes to be collected during Fiscal Year 2024/2025 to pay the annual costs and expenses of the City of Menifee Community Facilities District (CFD) No. 20171 Maintenance Services, Annexation No. 21, located northwest of Bradley Road and Lazy Creek Road.
10.6 Second Reading and Adoption of an Ordinance to Levy Special Taxes into Community Facilities District 20171 Maintenance Services, Annexation No. 23, Banner Park II ACTION
1. Adopted Ordinance No. 2024-398, amending Ordinance No. 17231 and levying special taxes to be collected during Fiscal Year 2024/2025 to pay the annual costs and expenses of the City of Menifee Community Facilities District (CFD) No. 20171 Maintenance Services, Annexation No. 23, located south of Domenigoni Parkway, east of Menifee Road, west of Briggs Road, and north of Old Newport Road.
10.7 Second Reading and Adoption of an Ordinance to Levy Special Taxes, Community Facilities District No. 20241, Banner Park II
ACTION
1. Adopted Ordinance No. 2024-399, authorizing the levy of special taxes for Community Facilities District No. 20241, Banner Park II, located southeast of Domenigoni Parkway at Lindenberger Road.
10.8 Second Reading and Adoption of an Ordinance to Levy Special Taxes, Community Facilities District No. 20242, Golden Meadows
ACTION
1. Adopted Ordinance No. 2024-400, authorizing the levy of special taxes for Community Facilities District No. 20242, Golden Meadows, located southeast of Evans Road and Garbani Road.
10.9 Second Reading and Adoption of an Ordinance to Levy Special Taxes, Community Facilities District No. 20243, River Walk Village
ACTION
1. Adopted Ordinance No. 2024-401, authorizing the levy of special taxes for Community Facilities District No. 20243 River Walk Village, located northwest of Bradley Road and Lazy Creek Road.
10.10 Agreement with Spicer Consulting Group for Special District Annexation Fiscal Impact Analysis
Assistant to the City Manager Rebekah Kramer provided a presentation.
The City Council asked questions of staff.
Item Title: 9.1
August 7, 2024 Minutes
Item Page Number: 5
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AYES: Zimmerman, Karwin, Estrada, Sobek, Deines
NAYS: None
RECUSE: None
ACTION
1. Approved and authorized the City Manager to execute a Professional Services Agreement with Spicer Consulting Group, LLC (SCG) for a special district annexation fiscal impact analysis to evaluate the feasibility of the City providing maintenance and recreation services in the ValleyWide Recreation and Park District Landscape Maintenance Districts located within the Menifee city limits at a cost nottoexceed $77,500 through June 30, 2026.
MOVER: Dean Deines
SECONDER: Lesa Sobek
10.11 Agreement Amendment with Parsons Transportation Group, Inc. for Traffic Engineering Review
ACTION
1. Approved and authorized the City Manager to execute Amendment No. 1 to the Master Agreement with Parsons Transportation Group, Inc., for Traffic Engineering Services, increasing the compensation by $150,000, for a three year total agreement amount nottoexceed $300,000.
10.12 Agreement Amendment with West Coast Arborist, Inc. for Citywide Tree Trimming and Maintenance Services
ACTION
1. Approved and authorized the City Manager to execute Amendment No. 5 to the Professional Services Agreement with West Coast Arborist for citywide tree trimming and maintenance services in the amount of $371,969 for a revised total nottoexceed aggregate sum of $1,007,610.20; and
2. Authorized the City Manager to execute agreement amendments for the remainder of the contract at the City’s discretion, and contingent on availability of the corresponding budget.
10.13 Final Map, Agreement, and Bonds for Tract Map 38219, River Walk Village, by Richmond American Homes of Maryland, Inc.
ACTION
1. Approved and authorized the filing of the final map for Tract Map 38219, River Walk Village, by Richmond American Homes of Maryland, Inc, located at the southwest corner of Bradley Road and Salt Creek Channel; and
2. Approved and authorized the City Manager to execute a Subdivision Improvement Agreement to guarantee completion of required public improvements associated with Tract Map 38219.
Item Title: 9.1
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Item Page Number: 6
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AYES: Zimmerman, Karwin, Sobek, Deines
NAYS: Estrada
RECUSE: None
AYES: Zimmerman, Karwin, Sobek, Deines
NAYS: Estrada
RECUSE: None
11. PUBLIC HEARING ITEMS
11.1 Villagio Villas Apartment Project
Senior Planner Russel Brown provided a presentation.
The City Council asked questions of staff.
Mayor Zimmerman opened the public hearing at 7:55 PM. Acting City Clerk Stephanie Roseen stated the public hearing was legally noticed and no correspondence had been received and there were no public comments. Mayor Zimmerman closed the public hearing at 7:56 PM.
The City Council discussed revisions to the conditions of approval.
Councilmember Estrada spoke in opposition of the project.
City Attorney Jeffrey Melching stated the amendments to conditions no. 40 and 51 of the conditions of approval.
ACTION
1. Adopted Resolution 24-1485, adopting a Mitigated Negative Declaration (State Clearinghouse No. 2024050900) for the Villagio Villas Apartments Project located south of McCall Boulevard and east of Interstate 215 at the southern terminus of Encanto Drive, and directed staff to file a Notice of Determination.
MOVER: Lesa Sobek
SECONDER: Dean Deines
ACTION
2. Adopted Resolution No. 24-1486, approving General Plan Amendment No.
PLN210377.
MOVER: Dean Deines
SECONDER: Lesa Sobek
Item Title: 9.1
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Item Page Number: 7
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AYES: Zimmerman, Karwin, Sobek, Deines
NAYS: Estrada
RECUSE: None
AYES: Zimmerman, Karwin, Sobek, Deines
NAYS: Estrada
RECUSE: None
AYES: Zimmerman, Karwin, Estrada, Sobek, Deines
NAYS: None
RECUSE: None
ACTION
3. Adopted Resolution No. 24-1487 as amended, approving Plot Plan No. PLN210375.
MOVER: Lesa Sobek
SECONDER: Dean Deines
Ms. Roseen introduced the ordinance by title.
ACTION
1. Introduced an ordinance approving Zone Change No. PLN210376.
MOVER: Dean Deines
SECONDER: Lesa Sobek
11.2 Ordinance Introduction and First Reading for Change Proceedings for Improvement Area No. 2 of Community Facilities District No. 20232, Cimarron Ridge by Pulte Home Company, LLC
Mayor Zimmerman opened the public hearing at 8:22 PM. City Clerk Stephanie Roseen stated the public hearing was legally noticed and here were no public comments, correspondence, or protests received. Ms. Roseen also stated there were no persons registered to vote in the territory of the district, per the Riverside Registrar of Voters. Ms. Roseen confirmed the owners of the taxable property had consented to hold the special election and concurred the special meeting my be held. Mayor Zimmerman closed the public hearing at 8:22 PM.
ACTION
1. Adopted Resolution No. 24-1488, amending the rate and method of apportionment of special taxes for Improvement Area No. 2 of Community Facilities District No. 20232, Cimarron Ridge, located southwest of McLaughlin Road and Byers Road, and calling an election.
MOVER: Dean Deines
SECONDER: Bob Karwin
Ms. Roseen stated the ballot was received, and it was a yes vote.
Item Title: 9.1
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Item Page Number: 8
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AYES: Zimmerman, Karwin, Estrada, Sobek, Deines
NAYS: None
RECUSE: None
AYES: Zimmerman, Karwin, Estrada, Sobek, Deines
NAYS: None
RECUSE: None
AYES: Zimmerman, Karwin, Estrada, Sobek, Deines
NAYS: None
RECUSE: None
ACTION
2. Adopted Resolution No. 24-1489, certifying election results for Improvement Area No. 2 of Community Facilities District No. 20232, Cimarron Ridge.
MOVER: Dean Deines
SECONDER: Lesa Sobek
Ms. Roseen introduced the ordinance by title.
ACTION
3. Introduced an ordinance authorizing the levy of special taxes within Improvement Area No. 2 of Community Facilities District No. 20232, Cimarron Ridge.
MOVER: Dean Deines
SECONDER: Bob Karwin
12. DISCUSSION ITEMS
12.1 Issuance of Special Tax Bonds for Community Facilities District 20221, Quartz Ranch
Chief Financial Officer Travis Hickey introduced the item and provided a presentation.
The City Council asked questions of staff.
ACTION
1. Adopted Resolution No. 24-1490, authorizing the issuance of special tax bonds and the execution and delivery of bond documents in connection with Community Facilities District 20221, Quartz Ranch, located south of La Piedra Road, on both the east and west sides of Evans Road; and
2. Authorized the Finance Department to establish the necessary revenue and expenditure budgets and corresponding appropriations for the bond issuance.
MOVER: Ricky Estrada
SECONDER: Bob Karwin
12.2 Veterans and Military Families Advisory Committee Formation Community Services Manager Mariana Mitchell provided a presentation.
Item Title: 9.1
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Item Page Number: 9
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AYES: Zimmerman, Karwin, Estrada, Sobek, Deines
NAYS: None
RECUSE: None
The City Council spoke in favor of the formation of the committee.
City Attorney Jeffrey Melching stated the amendments to Exhibit A of the resolution as requested by the City Council.
ACTION
1. Adopted Resolution No. 24-1491 as amended, establishing the formation of the Veterans and Military Families Advisory Committee.
MOVER: Dean Deines
SECONDER: Bill Zimmerman
12.3 Central Park Amphitheater Ad Hoc Committee
Community Services Manager Mariana Mitchell provided a presentation.
The City Council appointed Councilmember Sobek and Karwin to the Ad Hoc Committee.
ACTION
1. Reviewed and provided direction on establishing a new purpose for the Central Park Amphitheater Ad Hoc Committee, focused on the vision and initial programming.
MOVER: Dean Deines
SECONDER: Bill Zimmerman
12.4 Amendment to Employment Agreement Between the City of Menifee and City Manager Armando G. Villa
City Attorney Jeffrey Melching provided a presentation.
The City Council spoke in favor of the agreement amendment.
AYES: Zimmerman, Karwin, Estrada, Sobek, Deines
NAYS: None
RECUSE: None
Item Title: 9.1
August 7, 2024 Minutes
Item Page Number: 10
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September 4, 2024
Page
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Menifee Mayor and City Council August 21, 2024
AYES: Zimmerman, Karwin, Estrada, Sobek, Deines
NAYS: None
RECUSE: None
ACTION
1. Approved the Fourth Amendment to the Employment Agreement between the City of Menifee and City Manager Armando G. Villa.
MOVER: Bill Zimmerman
SECONDER: Lesa Sobek
13. CITY ATTORNEY REPORTS
None.
14. CITY MANAGER REPORTS
City Manager Armando Villa provided a report.
15. FUTURE AGENDA REQUESTS FROM COUNCIL MEMBERS
None.
16. ADJOURN
Mayor Zimmerman adjourned the meeting at 9:18 PM.
Stephanie Roseen, CMC
Acting City Clerk
Item Title: 9.1
August 7, 2024 Minutes
Item Page Number: 11
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September 4, 2024
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CITY OF MENIFEE
SUBJECT: Warrant Register
MEETING DATE: September 4, 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 08/02/2024, and 08/09/2024, the Payroll Register/Other EFTs dated 08/02/2024 and 08/05/2024 which have a total budgetary impact of $4,847,140.77.
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 08/02/2024, and 08/09/2024, the Payroll Register/Other EFTs 08/02/2024 and 08/05/2024 have a total budgetary impact of $4,847,140.77.
STRATEGIC PLAN OBJECTIVE
Regular City Business
FISCAL IMPACT
As indicated previously, the payments of demand above have a total budgetary impact of $4,847,140.77, which is available in the fiscal year 2024/25 budget. No additional budget appropriation action(s) is required.
ATTACHMENTS
1. Voucher Listing 08/02/2024
2. Voucher Listing 08/09/2024
3. Payroll Register/Other EFTs
Item Title: 10.2
Warrant Register
Item Page Number: 1
Menifee Mayor and City Council
September 4, 2024
Page
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Voucher List
City of Menifee
Voucher Date Vendor Invoice Number PO # Description Amount 800065 07/31/2024 WILKSHAKES & WAFFLE FRIES 071124 25100002 Employee Appreciation Lunch (Chick-Fil-A) 3,674.17 800066 08/02/2024 4IMPRINT, INC. 12731911 CS Menifee Recycles 712.08 800067 08/02/2024 AMAZON CAPITAL SERVICES, INC. 1CKD-VM3W-TW9C CS Parks Baseball Fields Striper 148.18 1F17-RFL6-76X3 CS Fall Fest Supplies 52.19
1QJW-YL31-FLV1 CS Admin Employee of the Qtr Award 105.00 1TQ4-7YXL-W7LW HR Team Awards 28.26
1VPG-773T-WLMK CS Facilities Lighting Kit 47.82
1CJL-F739-CL6W Finance Office Supplies - Tower Fan 59.24 1NLY-FXRD-4MCN ED Office Supplies - Laminator 106.01
1T9M-XX1W-CG6H CS Contract Classes - Toddler Time 430.63 1V9P-6YP7-1MHX CS Lazy Creek Mighty Me Supplies 201.87
19QC-T6F4-1DN1 CS Lazy Creek Specialty Camp Supplies 350.92 141K-1F7M-1W7Y CS Contract Classes - Piano 7.09
1N4Q-WWPW-HR3X Sweet Team Supplies (49.56)
1KGQ-FX3X-9H99 CS Facilities Banner Village High Power Relay 71.93 1,559.58
800068 08/02/2024 BOOT BARN INC. INV00386773 Field Staff Boots 298.42 800069 08/02/2024 COMPLETE PAPERLESS SOLUTIONS,, LLC 4177 25100005 Worm Storage Software Services 10,080.00 4123 25100009 Laserfiche Rio System Licenses Renewal 24/25 47,619.10 57,699.10
800070 08/02/2024 D.R. BECHTER CONSULTING INC. 14-002-421 24100129 JUN24 Construction Inspection Svcs 5,000.00 800071 08/02/2024 DIAMOND ENVIRONMENTAL SVC 0005466965 CS Pump Track Restroom Rental 1,708.61 800072 08/02/2024 EPD SOLUTIONS, INC. 12395 24100057 Mar-Apr'24 CEQA svcs Ares Warehouse 29,016.25 800073 08/02/2024 GOVERMENTJOBS.COM, INC. INV-41468 25100007 NeoGov Perform, Onboard, Learn, Insight & Govjobs 7,011.00 800074 08/02/2024 IK CONSULTING, LLC IK-Menifee0424 24100126 IKC Accela Support Services FY23/24 1,667.50 800075 08/02/2024 INTERGRATED PEST CONTROL MGMT, INC. 78176 CSD HQ West Annex Pest Control 98.00 78183 AMR Park Facility Pest Control 160.00
78536 Lazy Creek Bldg A Pest Control 495.00
78723 Mayfield Park Pest Control 300.00
78746 CSD North Annex Pest Control 300.00
1,353.00
Item Title: 10.2
Warrant Register
Item Page Number: 2
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September 4, 2024
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Voucher Date Vendor Invoice Number PO # Description Amount 800076 08/02/2024 KIMLEY-HORN AND ASSOCIATES, INC. 28683912 24100056 Jun'24 CEQA svcs Compass Norther Gateway 12,315.67 800077 08/02/2024 KOBATA ASSOCIATES, INC. 12 2024 24100039 Jun'24 Landscape/Inspection Svcs 8,120.00 800078 08/02/2024 NEIGHBORHOOD PARTNERSHIP CC-2024-01 24100042 Neighborhood Partnership Housing Svcs 11,700.00 800079 08/02/2024 SIGNARAMA-TEMECULA INV-27169 IT Office Supplies 536.47 800080 08/02/2024 STUDENT TRANSPORTATION, OF AMERICA 70265074 24100074 Recreational Charter Bus Services 720.00 800081 08/02/2024 WEST COAST ARBORISTS INC. 215850 24100096 City-Wide Tree Trimming FY 23/24 2,025.00 215851 24100096 City-Wide Tree Trimming FY 23/24 17,065.00 19,090.00
70140 07/30/2024 AEROSTAT CREAMERY LLC 000004 Sweet Team Ice Cream Employee Event 659.34 70141 07/30/2024 CAL TRUE VALUE 540606/1 24100172 Graffiti Base Paint 4,159.02 70142 07/30/2024 EASTERN MUNICIPAL WATER DIST. 500653377 6/19/27 Jun'24 AMR ROW Water Svcs 2,628.36 500772967 6/19/24 Jun'24 Banner Village Park Water Svc 1,309.91 500010197 7/2/24 Jun'24 LLMD Zone 3 Water Svc 1,504.81
500012382 7/2/24 Jun'24 LLMD Zone 3 Water Svc 1,798.34
500029235 7/2/24 Jun'24 LLMD Zone 3 Water Svc 382.65
500035570 7/2/24 Jun'24 LLMD Zone 3 Water Svc 406.05
500036121 7/2/24 Jun'24 CSA 145 Nova Ln Water Svc 3,153.64 500049740 7/2/24 Jun'24 LLMD Zone 38 Water Svc 915.35
500049742 7/2/24 Jun'24 LLMD Zone 38 Water Svc 592.83
500049743 7/2/24 Jun'24 LLMD Zone 38 Water Svc 2,197.49 500049745 7/2/24 Jun'24 LLMD Zone 38 Water Svc 1,425.50 500058727 7/2/24 Jun'24 LLMD Zone 37 Water Svcs 827.21
500059674 7/2/24 Jun'24 LLMD Zone 3 Water Svc 692.57
500061346 7/2/24 Jun'24 LLMD Zone 47 Water Svc 234.32
500064230 7/2/24 Jun'24 LLMD Zone 3 Water Svc 242.48
500072807 7/2/24 Jun'24 PD HQ Water Svc 261.78
500074611 7/2/24 Jun'24 Newport/Haun Median Water Svcs 286.37 500084101 7/2/24 Jun'24 City Hall Water Svcs 465.17
500084836 7/2/24 Jun'24 CFD2015-2 Annex 18 Zone 19 Water Svcs 300.47 500099169 7/2/24 Jun'24 CSA 145 Water Svcs - Calle Tomas 278.08 500099235 7/2/24 Jun'24 CSA 145 Water Svcs - Lazy Creek 2,158.25 500104746 7/2/24 Jun'24 LLMD Zone 3 Water Svcs 279.04
500146772 7/2/24 Jun'24 Water Svc Senior Ctr 400.27
500151224 7/2/24 Jun'24 LLMD Zone 3 Water Svcs 285.01
500163451 7/2/24 Jun'24 P/W MOC Water Svc 283.69
23,309.64
Item Title: 10.2
Warrant Register
Item Page Number: 3
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September 4, 2024
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Voucher Date Vendor Invoice Number PO # Description Amount 70143 07/30/2024 EASTERN MUNICIPAL WATER DIST. 500586517 6/19/24 Jun'24 CFD 2017-1 Zone 2 112.85 500000711 7/2/24 Jun'24 LLMD Zone 3 Water Svc 52.97
500025389 7/2/24 Jun'24 CSA 145 Nova Ln Water Svc 30.62 500036123 7/2/24 Jun'24 LLMD Zone 3 Water Svc 197.51
500049741 7/2/24 Jun'24 LLMD Zone 38 Water Svc 159.62
500056015 7/2/24 Jun'24 CSA 145 Water Svc - La Ladera 77.52 500069405 7/2/24 Jun'24 Spirit Park Restroom Water Svc 51.17 500072808 7/2/24 Jun'24 PD HQ Water Svc 128.92
500074646 7/2/24 Jun'24 Bradley Rd ROW Water Svcs 110.87 500084125 7/2/24 Jun'24 AMR Silverstar Park Water Svcs 70.92 500084513 7/2/24 Jun'24 AMR ROW Water Svc 85.40
500088856 7/2/24 Jun'24 PD HQ Water Svcs 94.68
500096665 7/2/24 Jun'24 Water Svc North Annex Bldg 146.00 500136045 7/2/24 Jun'24 LLMD Zone 3 Water Svc 176.90
500136046 7/2/24 Jun'24 LLMD Zone 3 Water Svcs 97.10
500147167 7/2/24 Jun'24 Water Svc Annex Bldg 40.60
500149389 7/2/24 Jun'24 LLMD Zone 3 Water Svcs 85.40
500157631 7/2/24 Jun'24 LLMD Zone 3 Water Svcs 85.40
500158962 7/2/24 Jun'24 LLMD Zone 3 Water Svcs 144.20
500159132 7/2/24 Jun'24 CSA 145 Water Svcs - Park City 47.57 500160206 7/2/24 Jun'24 LLMD Zone 3 Water Svcs 85.40
500160208 7/2/24 Jun'24 LLMD Zone 3 Water Svc 85.40
500555317 7/2/24 Jun'24 Cherry Hills Water Svc 155.07
500725897 7/2/24 Jun'24 Pump Track Water Svc 115.88
500015569 7/3/24 Jun'24 LLMD Zone 3 Water Svc 56.87
2,494.84
70144 07/30/2024 EASTERN MUNICIPAL WATER DIST. 500012499 7/2/24 Jun'24 LLMD Zone 3 Water Svc 29.57 500073302 7/2/24 Jun'24 North Annex Water Svc 22.40
500083336 7/2/24 Jun'24 Audie Murphy Rd South 21.17
500304217 7/2/24 Jun'24 Sunset Park Water Svc 29.57
500000508 7/3/24 Jun'24 CSA 145 School Park Dr Water Svc 24.77 127.48
70145 07/30/2024 FRONTIER CALIFORNIA INC. 9516798153 7/4/24 Jul'24 Lazy Creek Alarm Svc 145.92 70146 07/30/2024 SOUTHERN CALIFORNIA EDISON 700381274106 6/21/24 Jun'24 Centennial Park Electric Svcs 4,400.33 700449636167 6/25/24 Jun'24 Fire Stations Electrical Svcs 4,182.52 700559066517 6/28/24 Jun'24 LLMD Signal Svc 1,009.38
700559501603 6/28/24 Jun'24 City Signal Svc 3,331.44
700849733683 7/10/24 Jun'24 Traffic Signal #7220 Evans/La Piedra 220.01 700268894249 7/11/24 Jun'24 CFD 2017-1 Town Center Traffic Signal Svc 122.35 700210273412 7/9/24 Jun'24 Senior Ctr Electrical Svc 6,867.67
Item Title: 10.2
Warrant Register
Item Page Number: 4
Menifee Mayor and City Council
September 4, 2024
Page
20 of 489
Voucher Date Vendor Invoice Number PO # Description Amount 700600041741 7/22/24 Jul'24 AMR Sports Park Electric Svc 5,461.68 700354571622 7/25/24 Jun'24 CFD 2017-1 Streetlight / Irrigation Svc 967.66 26,563.04
70147 07/30/2024 SOUTHERN CALIFORNIA EDISON 700268863432 7/11/24 Jun'24 CFD 2017-1 Town Center Traffic Signal Svc 63.10 70148 07/30/2024 SOUTHERN CALIFORNIA GAS, COMPANY 00812582732 6/21/24 Jun'24 Lazy Creek Gas Svcs 11.84 00812582732 7/23/24 Jul'24 Lazy Creek Rec Gas Svc 30.55 06482583348 6/21/24 Jun'24 West Annex/Senior Ctr Gas Svcs 37.48 06902583878 6/21/24 Jun'24 North Annex Gas Svcs 105.54
185.41
70149 07/30/2024 STANDGUARD AQUATICS, INC 1054470 CS Summer Field Trip 1,525.50 70150 08/02/2024 ADAME LANDSCAPING, INC. 104562 24100173 Park Maintenance Services (FY23/24) 54,971.57 104563 24100183 Landscape Maintenance Services ROW 50,223.85 105,195.42
70151 08/02/2024 ALL STAR ELITE SPORTS 4350 CS Lifeguard Apparel 432.28 70152 08/02/2024 AMERICAN PLANNING ASSOCIATION 249223-240725PBM APA Membership-Planning Commissioners 536.20 70153 08/02/2024 AUDACY OPERATIONS, INC 2646344-1 24100002 05349 - Independence Day Advertisement 500.00 2657348-1 24100002 05349 - Independence Day Advertisement 1,000.00 1,500.00
70154 08/02/2024 AZTEC JANITORIAL SERVICES J1805 24100089 Facility Wide Janitorial Services 20,873.93 70155 08/02/2024 CAL TRUE VALUE 005864/1 Facilities Materials 17.11 005853/1 Facilities Materials 69.23
005857/1 Facilities Materials 36.33
005859/1 Facilities Materials 26.62
005865/1 Facilities Materials 36.19
005872/1 Facilities Materials 36.19
005873/1 Facilities Materials 78.28
005863/1 Facilities Materials 3.41
005866/1 Facilities Materials 5.83
309.19
70156 08/02/2024 CALIFORNIA INTERGOVERNMENTAL INV-2327 CIRA LIAB / CIRA Work Comp Apr-Jun'24 122,307.61 INV-2217 Property Premium / Work Comp / Liability FY 24-25 2,257,122.85 2,379,430.46
70157 08/02/2024 CARRINO, CHRISTOPHER 25-037-A T&T Adv Christopher C. SB SLI Session 1 207.00
Item Title: 10.2
Warrant Register
Item Page Number: 5
Menifee Mayor and City Council
September 4, 2024
Page
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Voucher Date Vendor Invoice Number PO # Description Amount 70158 08/02/2024 CHAMBERS GROUP, INC 37305 24100048 Jun'24 CEQA Svcs Oak Hills 1,284.00 37285 24100048 May'24 CEQA Svcs Oak Hills 2,692.50
3,976.50
70159 08/02/2024 COUNTY OF RIV. LIBRARY, DIVISION 2024-29 Jan-Mar'24 Menifee Library Reimb Collection 14,166.50 2024-32 Mar-May'24 Menifee Library Reimb Collection 16,830.14 30,996.64
70160 08/02/2024 EASTERN MUNICIPAL WATER DIST. 500079968 7/2/24 Jun'24 Fire Station #7 Water Svcs 588.92 500079969 7/2/24 Jun'24 Fire Station #7 Water Svcs 730.91 500064203 7/3/24 Jun'24 LLMD Zone 3 Water Svc 693.88
500064205 7/3/24 Jun'24 LLMD Zone 3 Water Svc 681.64
500065258 7/3/24 Jun'24 LLMD Zone 3 Water Svc 1,152.22
500065261 7/3/24 Jun'24 LLMD Zone 3 Water Svc 987.82
500069563 7/3/24 Jun'24 LLMD Zone 69 Water Svc 1,256.66 500069564 7/3/24 Jun'24 LLMD Zone 69 Water Svc 1,748.27 500069659 7/3/24 Jun'24 CSA 145 Nordic Ln Water Svc 478.04 500071797 7/3/24 Jun'24 CSA 145 ROW Water Svc-Murrieta Rd 1,226.36 500072316 7/3/24 Jun'24 LLMD Zone 77 Water Svc 1,538.51 500073607 7/3/24 Jun'24 LLMD Zone 81 Water Svc 370.10
500075951 7/3/24 Jun'24 AMR Sports Park Water Svc 210.06 500075952 7/3/24 Jun'24 AMR ROW Water Svc 1,296.87
500077836 7/3/24 Jun'24 AMR ROW Water Svc 1,506.92
500078190 7/3/24 Jun'24 LLMD Zone 3 Water Svc 2,102.03
500079022 7/3/24 Jun'24 AMR ROW Water Svc 6,442.61
500079270 7/3/24 Jun'24 LLMD Zone 77 Water Svc 587.96
500087081 7/3/24 Jun'24 CFD 2015-2 Annexation 34 Zone 34 308.93 500160209 7/3/24 Jun'24 CSA 145 School Park Dr Water Svc 4,587.32 500163592 7/3/24 Jun'24 LLMD Zone 3 Water Svc 888.77
500403157 7/3/24 Jun'24 CFD2015-2 Annex #7, Zone 8 Water Svc 244.07 500153535 7/5/24 Jun'24 CSA 33 Water Svc-Encanto Dr 423.27 500769356 7/5/24 Jun'24 Banner Village Park Water Svc 739.09 500163394 7/11/24 Jun'24 Air Gap Construction Water Meter Usage 301.42 31,092.65
70161 08/02/2024 EASTERN MUNICIPAL WATER DIST. 500036595 7/2/24 Jun'24 Firestation #5 Water Svc 197.57 500079488 7/2/24 Jun'24 Fire Station #7 Water Svcs 39.20 500081480 7/3/24 Jun'24 Ferguson ROW Water Svc 106.97
500083890 7/3/24 Jun'24 CSA 145 Rim Creek Path Water Svc 131.69 500084613 7/3/24 Jun'24 Hidden Hills Park Restroom Water Svc 125.50 500084615 7/3/24 Jun'24 Hidden Hills Park Irrigation Svc 21.92 500086730 7/3/24 Jun'24 Central Park Water Svc 101.11
500087044 7/3/24 Jun'24 Centennial Park Water Svc 75.26 500138106 7/3/24 Jun'24 Firestation #68 Water Svcs 69.17 500138108 7/3/24 Jun'24 Firestation #68 Water Svc 22.40
Item Title: 10.2
Warrant Register
Item Page Number: 6
Menifee Mayor and City Council
September 4, 2024
Page
22 of 489
Voucher Date Vendor Invoice Number PO # Description Amount 500158562 7/3/24 Jun'24 LLMD Zone 3 Water Svcs 142.67
500160706 7/3/24 Jun'24 LLMD Zone 3 Water Svc 133.78
500520377 7/3/24 Jun'24 Lyle Marsh Park Restroom 73.92
500536777 7/3/24 Jun'24 Air Gar Const Water Svc 170.67
500000191 7/5/24 Jun'24 Fire Station #76 Water Svc 190.52 500000768 7/5/24 Jun'24 AMR Sports Park Irrigation 148.16 500004008 7/5/24 Jun'24 Fire Station #76 Water Svc 31.90 500083873 7/5/24 Jun'24 LLMD Zone 167 Water Svc 179.24
500136663 7/5/24 Jun'24 LLMD Zone 3 Water Svc 115.75
500145028 7/5/24 Jun'24 LLMD Zone 3 Water Svc 34.50
500154617 7/5/24 Jun'24 Rancho Ramona Park Water Svc 141.58 500154618 7/5/24 Jun'24 CSA 33 Water Svc-Alta Vista Way 138.57 500681987 7/5/24 Jun'24 Remington Water Svc 79.76
500079012 7/10/24 Jun'24 Sun City ROW Irrigation 135.52 2,607.33
70162 08/02/2024 FRONTIER CALIFORNIA INC. 9516798460 6/28/24 Jul'24 Senior Center Fire Alarm 69.71 9511970818 7/1/24 Jul'24 CS DIA Svc 990.00
9511970820 7/7/24 Jul'24 Lazy Creek DIA Svc 990.00
3231591679 7/10/24 Jul'24 Senior Center FIOS Svc 140.98 2131666081 7/16/24 Jul'24 West Annex FIOS Svc 290.98
2,481.67
70163 08/02/2024 HOME DEPOT CREDIT SERVICES 4525288 PW Materials & Supplies 141.70 9520359 PW Materials & Supplies 91.22
232.92
70164 08/02/2024 IMPERIAL SPRINKLER SUPPLY 0015199070-001 La Ladera Park Supplies 21.68 0015201943-001 ROW Irrigation Supplies 156.82
0015204324-001 La Ladera Park Supplies 173.75
0015206140-001 ROW Irrigation Supplies 38.41
0016256056-001 CFD Irrigation Supplies 141.26
0016258397-001 LLMD Irrigation Supplies 170.47
0016262664-001 LLMD Irrigation Supplies 13.50
0016266004-001 Facility Maint Remington 169.48
0016266362-001 Parks Irrigation Supplies 144.15
0016283343-001 AMR Irrigation Supplies 137.70
0016284400-001 Irrigation Supplies 25.32
0016285273-001 AMR Irrigation Supplies 1,124.00
0016287417-001 La Ladera Park Supplies 24.96
0016291837-001 Parks Facility Maint 506.78
0016320690-002 La Ladera Park Supplies 276.46
0016374523-001 La Ladera Park Supplies 92.80
0016402360-001 AMR Irrigation Supplies 297.87
Item Title: 10.2
Warrant Register
Item Page Number: 7
Menifee Mayor and City Council
September 4, 2024
Page
23 of 489
Voucher Date Vendor Invoice Number PO # Description Amount 0016426877-001 Remington Park Supplies 169.48
0016435754-001 Facilities Supplies 777.92
0016435835-001 Parks Irrigation Supplies 41.46
4,504.27
70165 08/02/2024 JOLLY JUMPS 070924 CS Jumper Rentals 1,860.00 70166 08/02/2024 LIEBERT CASSIDY WHITMORE ME410-10000 HR Membership Jul'24-Jun'25 900.00 70167 08/02/2024 LOWES 975869 -NFISTH PW Materials & Supplies 163.39 981260 -NFNQEY PW Materials & Supplies 94.75
976561 -NGENIX PW Vehicle Maint 103.29
976772 -NGENJC PW Vehicle Maint 49.06
977130 -NGENJD PW Materials & Supplies 71.61
999490 -NFDUCH PW Small Tools/Field Equip 18.57
999899 -NFDUCL PW Materials & Supplies 269.15
971034 -NFZJIM Facilities Materials/Supplies 107.01
971426 -NFZJIN Facilities Materials/Supplies 10.32
974479 -NFISSZ Facility Maint Banner Park Splash Pad 62.96 974557 -NFISTA Facilities Materials/Supplies 30.97
974562 -NFISTB Facility Maint Supplies 18.39
974867 -NFISTC Facility Maint Supplies 26.01
976627 -NGENJA Facility Maint Supplies 47.46
982574 -NGONQX AMR Small Tools/FIeld Equip 333.66
984773 -NFRZWR CS Facilities Supplies 112.77
985477 -NGOSKU AMR Small Tools/Field Equip 494.57
985580 -NGOSKV Facility Maint Banner Park Splash Pad 92.85 998803 -NGVMNA CS Supplies 39.22
978423 -NFISTL Firestation #68 Materials/Supplies 216.59 983641 -NGJLCF Firestation 76 Materials/Supplies 421.78 2,784.38
70168 08/02/2024 CHAD STOKES 062124 Livescan reimb.23-24 Volunteer Basketball Coach 41.65 70169 08/02/2024 PERRIS UNION HIGH SCHOOL DIST. PMCM-24-25 Sponsorship Student of the Month Program 1,000.00 2025/6 Credit Memo to Reflect Actual Hours (165.00)
835.00
70170 08/02/2024 RESTAURANT SUPPLY LLC INV-467536 24100115 Everest Refrigerator Fire station 7 5,455.22 70171 08/02/2024 FAIRFIELD INN & SUITES MENIFEE 72924 25100006 Sweet Team Summer Employee Lunch 3,000.00
Item Title: 10.2
Warrant Register
Item Page Number: 8
Menifee Mayor and City Council
September 4, 2024
Page
24 of 489
Voucher Date Vendor Invoice Number PO # Description Amount 70172 08/02/2024 SHI INTERNATIONAL CORP. B18520205 24100213 PD Computer Replacements FY23/24 352.33 B18532790 24100213 PD Computer Replacements FY23/24 727.20 1,079.53
70173 08/02/2024 SOUTHERN CALIFORNIA EDISON 700158305963 7/1/24 Jun'24 Electrical Svc Various Locations 36,133.80 700381274106 7/24/24 Jul'24 Centennial Park Electric Svcs 2,208.01 38,341.81
70174 08/02/2024 SOUTHERN CALIFORNIA GAS, COMPANY 11434754724 7/31/24 Jul'24 Fire Station #76 Gas Svcs 96.78 06902583878 7/23/24 Jul'24 North Annex Gas Svc 112.90
06482583348 7/23/24 Jul'24 West Annex/Senior Ctr Gas Svc 36.69 246.37
70175 08/02/2024 SOUTHERN CALIFORNIA PERMANENTE, MEDICAL GRP. 1001035172 Physical Exams Acct 220902439956 860.00 70176 08/02/2024 VA AIR CONDITIONING AND HEATING 1454 24100094 Single Family Home Improvement Grant 12,020.00 70177 08/02/2024 ZOLL MEDICAL CORP. 3995540 24100114 Fire Dept CPR Supplies 16,198.58 55 Vouchers in this report Total Vouchers 2,889,414.14
Item Title: 10.2
Warrant Register
Item Page Number: 9
Menifee Mayor and City Council
September 4, 2024
Page
25 of 489
Voucher List
City of Menifee
Voucher Date Vendor Invoice Number PO # Description Amount 800082 08/08/2024 AFLAC 656212 Jul'24 Insurance Premiums 17,288.48 800083 08/08/2024 AMAZON CAPITAL SERVICES, INC. 1PL6-6FGW-417G IT Small Tools/Field Equip 152.24 1JXN-WVTP-6JN6 PW Materials & Supplies 171.21
323.45
800084 08/08/2024 AMBER MANAGEMENT, LLC 1-092024 Sep'24 PD HQ Mnthly Rent 32,000.52 2-092024 Sep'24 City Hall Mnthly Rent 67,165.78
3-092024 Sep'24 City Hall Extra Office Space Mnthly Rent 5,701.27 1-082024 Aug'24 PD HQ Mnthly Rent 32,000.52
136,868.09
800085 08/08/2024 AXON ENTERPRISE, INC INUS260962 24100200 PD Body Worn Cameras 1,708.29 INUS262286 24100090 PD Equipment/Gear 1,370.44
INUS260445 PD body camera equipment 475.35
INUS258300 24100193 PD Equipment-Drone 16,061.29
19,615.37
800086 08/08/2024 BEEGUYTRAVIS 2540 Parks Facility Maint 790.00 2774 CS Facility Maint 395.00
1,185.00
800087 08/08/2024 CG RESOURCE MANAGEMENT & ENGINEERING, INC. 1246 24100130 Non-Recoverable NPDES Program Services 2,790.43 800088 08/08/2024 RIVERSIDE COUNTY, TLMA ADMINIS TL17378 Traffic Signal Maint McCall/Encanto 954.68 TL17372 Traffic Signal Maint McCall/Encanto 738.78
TL17369 Trffc Sgnl Maint Murrieta RD/Mount Park/La Piedra 699.63 TL17362 PWENG Street Maint Menifee rd RD/La Piedra 1,252.70 3,645.79
800089 08/08/2024 CUMMING MANAGEMENT GROUP, INC. 150096 24100299 Jun24 Lbr Compliance svcs CIP23-03 600.00 150095 24100311 Jun24 Lbr Compliance svcs CIP24-19 480.00 150094 24100308 Jun24 Lbr Compliance svcs CIP24-06 480.00 150093 24100332 Jun24 Lbr Compliance svcs CIP23-04 1,720.00 148744 24100311 May24 Lbr compliance svcs CIP24-19 120.00 148742 24100308 May24 Lbr Compliance svcs CIP24-06 120.00 3,520.00
800090 08/08/2024 DARAPIZA, JESSICA NIE 853072924P CS Instructor Pmt Jul'24 993.91
Item Title: 10.2
Warrant Register
Item Page Number: 10
Menifee Mayor and City Council
September 4, 2024
Page
26 of 489
Voucher Date Vendor Invoice Number PO # Description Amount 800091 08/08/2024 DEKRA-LITE INDUSTRIES, INC ARINV022985 24100128 Military Banner Program 79.12 ARINV022887 24100128 Military Banner Program 147.20
226.32
800092 08/08/2024 DIAMOND ENVIRONMENTAL SVC 0005463007 CS Restroom Rental Shakespeare at the Park 345.60 800093 08/08/2024 GABRIELLE PUYAT SERVICES 847073124P CS Instructor Pmt remaining Jun'24 268.80 852073124P CS Instructor Pmt Jul'24 1,341.20
1,610.00
800094 08/08/2024 GARY F. HOYT LANDSCAPE CP-2614 May24 On call Inspection & Landscape Services 528.00 CP-2615 24100144 May24 Landscape Rvw-Ethanac/Barnett Warehouse 1,122.00 1,650.00
800095 08/08/2024 GHA TECHNOLOGIES INC 11400647 24100208 IT Getacs 38,214.20 800096 08/08/2024 HDL COREN & CONE SIN041520 2023-24 ACFR Statistical Package 695.00 800097 08/08/2024 J. SMITH & T. MULI, INC. 10530624 24100182 WQMP & Hydrology Review 2,325.00 800098 08/08/2024 MC ELECTRIC 5640 Ret Release CIP23-08 Quail Vlly Grid Area Slt Prj 4,475.00 800099 08/08/2024 MENIFEE VALLEY TAEKWONDO, ACADEMY 848073124P CS Instructor Pmt remaining Jun'24 88.44 854073124P CS Instructor Pmt Jul'24 3,012.84
3,101.28
800100 08/08/2024 ORIGINAL WATERMEN, INC 90593 CS Admin Uniforms 417.56 800101 08/08/2024 PARKHOUSE TIRE, INC 2010907680 PW Equip Tire 564.49 2010905180 CS Veh Maint 206.11
770.60
800102 08/08/2024 QUINN RENTAL SERVICES 28682301 24100073 Light Towers Independence Celebration 1,163.20 800103 08/08/2024 REGIONAL GOVERMENT SERVICES 17054 Jun'24 HR Consulting Management Services 1,479.00 800104 08/08/2024 SIGNPROS GRAPHIX 6.25.24 24100335 PD Vehicle Wraps 4,563.56 800105 08/08/2024 STUDENT TRANSPORTATION, OF AMERICA 70266798 CS Charter Bus Svc Mulligan's 960.00 800106 08/08/2024 TIME WARNER CABLE 127158101072224 Aug'24 Satellite Svcs (Various Locations) 1,121.64
Item Title: 10.2
Warrant Register
Item Page Number: 11
Menifee Mayor and City Council
September 4, 2024
Page
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Voucher Date Vendor Invoice Number PO # Description Amount 800107 08/08/2024 U.S. BANK NA 127158101072224 Aug'24 Satellite Svcs (Various Locations) 584.00 800108 08/08/2024 UEBER HAUN I, LLC 146 Sep'24 PD Substation Land Lease 6,263.03 145 Aug'24 PD Substation Land Lease 6,263.03
12,526.06
800109 08/08/2024 WRCRCA 85907232024P MSHCP Fees-May'24 364,133.24 800110 08/08/2024 WRIGHT SEPTIC 39490 Fire Station Facility Maint Septic 684.00 41582 Fire Station Facility Maint Septic 760.00
42636 Fire Station Facility Maint Septic 760.00
43289 Fire Station Facility Maint Septic 646.00
43337 Fire Station Facility Maint Septic 570.00
3,420.00
70178 08/08/2024 ABEL SUPPRESSOR CO LLC 221074 24100249 PD Weapons 4,198.02 70179 08/08/2024 ASSOC. OF INTERNATIONAL CEERTIFIED PROFESSIONAL 1692976 AICPA membership for Travis H. 8/2024-7/2025 350.00 70180 08/08/2024 BALLET FOLKLORICO LORENA HANCOCK 849072924P CS Instructor Pmt Jul'24 1,593.60 70181 08/08/2024 BAY AREA DRIVING SCHOOL, INC 850072924P CS Instructor Pmt Jul'24 283.50 70182 08/08/2024 BIGFOOT GRAPHICS 851073024P CS Instructor Pmt Jul'24 900.00 70183 08/08/2024 CAL TRUE VALUE 005878/1 Supplies 76.11 005836/1 Supplies 27.38
005833/1 Supplies 66.53
005843/1 Supplies 38.57
005855/1 Supplies 113.12
005880/1 Supplies 80.77
005887/1 Supplies 53.80
005819/1 Supplies 39.14
005820/1 Supplies 29.82
005841/1 Supplies 19.55
005890/1 Supplies 48.93
005892/1 Supplies 78.28
005905/1 Supplies 37.43
005910/1 Supplies 32.28
005915/1 Supplies 53.59
Item Title: 10.2
Warrant Register
Item Page Number: 12
Menifee Mayor and City Council
September 4, 2024
Page
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Voucher Date Vendor Invoice Number PO # Description Amount 005923/1 Supplies 41.56
005849/1 Facility Maint 32.27
005868/1 Supplies 77.50
005898/1 Supplies 27.39
005921/1 Supplies 102.70
005838/1 Facility Maint 53.80
005839/1 Facility Maint 55.42
005842/1 Facility Maint 18.67
005844/1 Small Tools/Field Equip 68.46
005847/1 AMR Small Tools/Field Equip 35.67
1,308.74
70184 08/08/2024 CAL TRUE VALUE 005874/1 Supplies 12.71 005891/1 Supplies 7.33
005894/1 Supplies 15.36
005904/1 Supplies 10.76
005907/1 Supplies 16.99
005908/1 Supplies 13.68
005869/1 Supplies 4.73
005896/1 Supplies 8.63
005925/1 Supplies 16.13
005937/1 Supplies 3.86
005840/1 Facility Maintenance 13.69
005845/1 AMR Supplies 8.79
132.66
70185 08/08/2024 CHICAGO TITLE COMPANY 7102311925 PW/ENG Report Svcs Condition of Title Report 750.00 70186 08/08/2024 COBURN, CORY 25-028-A T&T Adv Cory C. Advanced Institute for Econ Dev 347.60 70187 08/08/2024 DURAN, RICARDO 24-526B-A T&T Adv Ricardo D. 2024 National Interdiction Conf 293.00 70188 08/08/2024 EASTERN MUNICIPAL WATER DIST. 500029235 8/2/24 Jul'24 LLMD Zone 3 Water Svc 531.35 500035570 8/2/24 Jul'24 LLMD Zone 3 Water Svc 495.40
500036123 8/2/24 Jul'24 LLMD Zone 3 Water Svc 949.03
500049741 8/2/24 Jul'24 LLMD Zone 38 Water Svc 292.34
500059674 8/2/24 Jul'24 LLMD Zone 3 Water Svc 793.24
500084101 8/2/24 Jul'24 City Hall Water Svcs 509.57
500072538 7/18/24 Jul'24 LLMD Zone 3 Water Svc 605.49
500072542 7/18/24 Jul'24 LLMD Zone 3 Water Svc 634.82
500072544 7/18/24 Jul'24 LLMD Zone 3 Water Svc 414.82
500075900 7/18/24 Jul'24 Haun Rd Water Svc 498.94
Item Title: 10.2
Warrant Register
Item Page Number: 13
Menifee Mayor and City Council
September 4, 2024
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Voucher Date Vendor Invoice Number PO # Description Amount 500077650 7/18/24 Jul'24 AMR ROW IIrrigation Svc 535.10 500077903 7/18/24 Jul'24 AMR ROW Water Svc 854.17
500077904 7/18/24 Jul'24 AMR ROW Water Svc 576.02
500077905 7/18/24 Jul'24 AMR ROW Water Svc 708.20
500084765 7/18/24 Jul'24 Mayfield PaRk Irrigation Svc Evans Rd 940.57 500084766 7/18/24 Jul'24 AMR Creek View Irrigation Water Svc 754.53 500085671 7/18/24 Jul'24 AMR Silverstar Irrigation Water Svc 977.48 500086143 7/18/24 Jul'24 AMR ROW Water Svc 311.58
500087090 7/18/24 Jul'24 AMR ROW Water Svc 247.65
500087091 7/18/24 Jul'24 AMR ROW Water Svc 477.99
500087092 7/18/24 Jul'24 AMR ROW Water Svc 537.05
500087515 7/18/24 Jul'24 AMR ROW Water Svc 820.97
500087647 7/18/24 Jul'24 Centennial Park Water Irrigation Svc 228.90 500304207 7/18/247 Jul'24 Sunset Park Water Svc 425.27
500586517 7/18/24 Jul'24 CFD 2017-1 Zone 2 616.07
14,736.55
70189 08/08/2024 EASTERN MUNICIPAL WATER DIST. 500000711 8/2/24 Jul'24 LLMD Zone 3 Water Svc 58.98 500012499 8/2/24 Jul'24 LLMD Zone 3 Water Svc 32.74
500025389 8/2/24 Jul'24 CSA 145 Nova Ln Water Svc 32.74 500056015 8/2/24 Jul'24 CSA 145 Water Svc - La Ladera 84.28 500160208 8/2/24 Jul'24 LLMD Zone 3 Water Svc 94.55
500076722 7/18/24 Jul'24 La Piedra/Sherman Irrigation Water Svc 114.77 500077538 7/18/24 Jul'24 AMR ROW Water Svc 153.60
500079025 7/18/24 Jul'24 Town Center ROW Water Svc 198.93 500079028 7/18/24 Jul'24 Town Center ROW Water Svc 195.98 500079032 7/18/24 Jul'24 Town Center ROW Water Svc 116.25 500079033 7/18/24 Jul'24 Town Center ROW Water Svc 21.75 500079481 7/18/24 Jul'24 AMR Water Svc 206.75
500086213 7/18/24 Jul'24 Town Center ROW Water Svc 215.17 500086214 7/18/24 Jul'24 Town Center ROW Water Svc 226.98 1,753.47
70190 08/08/2024 EPPS, NICOLE 24-547-A T&T Adv Nicole E. International Crime & Intelligen 320.00 70191 08/08/2024 FEDEX 8-570-97871 Jul'24 PD express delivery svcs 14.36 8-577-73946 Jul'24 Express Delivery Svcs 21.31
35.67 70192 08/08/2024 FRONTIER CALIFORNIA INC. 9511970485 7/28/24 Aug'24 PD FIOS Svcs 990.00 2091881265 7/24/24 Aug'24 City Hall FIOS & Phone Lines 3,091.98 9517238881 7/24/24 Aug'24 City Hall Local & Long Distance Svcs 1,509.92 5,591.90
Item Title: 10.2
Warrant Register
Item Page Number: 14
Menifee Mayor and City Council
September 4, 2024
Page
30 of 489
Voucher Date Vendor Invoice Number PO # Description Amount 70193 08/08/2024 GARLAND, WALTER 86307292024P CS Instructor Pmt Jul'24 987.01 70194 08/08/2024 GRACIE'S LUNCHBOX 000175 Econ Dev Breakfast 8/1/24 570.94 70195 08/08/2024 HOME DEPOT CREDIT SERVICES 1544447 PW Materials/Supplies 133.92 902629 Park Facility Maint 150.00
283.92
70196 08/08/2024 HUNTER, ROCHELLE 25-013D-A T&T Adv Rochelle H. CAHN Training 222.00 70197 08/08/2024 IMPERIAL SPRINKLER SUPPLY 0016507343-001 Remington Park Supplies 152.88 0016526953-001 Remington Park Supplies 150.17
0016595862-001 Parks Irrigation Supplies 149.95
0016600811-001 AMR Irrigation Supplies 17.08
0016601153-001 Parks Irrigation Supplies 51.99
0016624730-002 AMR Irrigation Supplies 588.39
0016650448-001 Facilities Maint 142.16
0016710014-001 CS Facilities Maint 220.51
0016741993-001 LLMD Zone 3 Irrigation Repairs 14.72
0016882734-001 LLMD Zone 3 Irrigation Supplies 113.74
0016883651-001 LLMD Zone 3 Irrigation Supplies 99.97
0016623584-001 CFD Irrigation Supplies 734.20
0016941450-001 Facilities Maint 197.17
0016944464-001 AMR Irrigation Supplies 132.07
0016944464-002 AMR Irrigation Supplies 6.66
0016945564-001 CFD Irrigation Supplies 133.10
0016945660-001 CFD Irrigation Supplies 9.79
0016950216-002 LLMD Zone 3 Irrigation Repairs 350.16
3,264.71
70198 08/08/2024 INTELESYONE 115077 IT Phone Line Support & Troubleshooting 688.64 70199 08/08/2024 ISARRARAZ, LUIS 24-573A-A T&T Adv Luis I. CATO SWAT Course 345.00 70200 08/08/2024 KAUB, JASON 25-013C-A T&T Adv Jason K. CAHN Conference 222.00 70201 08/08/2024 LANGUAGE LINE SERVICES, INC 11334679 24100226 Jun'24 Comprehensive Interpretation 44.41 70202 08/08/2024 MARIA ZAPATA 846072224D Deposit Refund of KCSC Palm Room 200.00 70203 08/08/2024 JOSE COMPARAN 86107242024P PMT24-00884 SKR Fee refund 250.00
Item Title: 10.2
Warrant Register
Item Page Number: 15
Menifee Mayor and City Council
September 4, 2024
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Voucher Date Vendor Invoice Number PO # Description Amount 70204 08/08/2024 MARIA CORREA 865072924D Deposit Refund of KCSC Palm Room 400.00 70205 08/08/2024 MURPHY, JAMES 24-234B-C T&T Clm James M. 2024 NASRO School Safety Conf 423.50 70206 08/08/2024 O'REILLY AUTO PARTS 4746-156681 Fleet Shop Supply 30.58 70207 08/08/2024 PEREZ, CHRISTIAN 25-043-A T&T Adv Christian P. VIMS Volunteer Coordinator Tr 69.00 70208 08/08/2024 PRUDENTIAL OVERALL SUPPLY 23677760 Fleet Pro Cleaning SVCS 41.14 23677759 P/W Uniform Cleaning SVCS 361.50
402.64
70209 08/08/2024 PYRO SPECTACULARS INC 59041 4th of July Fireworks Permit Fee 467.19 70210 08/08/2024 RIVERSIDE HABITAT CONSERVATION 85807242024P SKR fees-Jun'24 500.00 86007222024P SKR Fees- May'24 250.00
750.00
70211 08/08/2024 SOUTHERN CALIFORNIA EDISON 700793499147 7/29/24 Jul'24 Fund 490 CFD 2012-1 AMR ROW Landscaping 134.30 700145838534 7/30/24 Jul'24 PD Sub Station Electrical 817.82 700274062026 8/1/24 Jul'24 City Streetlight Svc 204.69
700285086781 8/2/24 Jul'24 CSA 145 Irrigation Svc 153.54 700316479116 8/2/24 Jul'24 Menifee Rd TC-1 Signal Svc 98.50 700757936018 8/5/24 Jul'24 Rouse Rd/Murrieta Rd Signal Svc 140.31 700795224535 8/5/24 Jul'24 Remington Park Lighting 301.80 1,850.96
70212 08/08/2024 T-MOBILE USA 9574483842 PD GPS Locator 50.00 70213 08/08/2024 TALALAY TENNIS 855073024P CS Instructor Pmt Jul'24 1,192.08 70214 08/08/2024 TORRES, MIGUEL 24-362A-C T&T Clm Miguel T. Supervisor Seminar 36.00 70215 08/08/2024 TUMBLE-N-KIDS, INC 856072924P CS Instructor Pmt Jul'24 3,701.22 70216 08/08/2024 TYLER TECHNOLOGIES, INC 045-476001 24100113 ERP Advanced Scheduling 350 employees 3,150.15 025-467297 25100013 MyCivic Citizen Engagement Jul'24-Sep'24 1,215.51 4,365.66
70217 08/08/2024 WORLDPAC INC 98096631 PWCIP Veh Maint 111.87 98853027 B/S Veh Maint 8.28
120.15
69 Vouchers in this report Total Vouchers 683,544.10
Item Title: 10.2
Warrant Register
Item Page Number: 16
Menifee Mayor and City Council
September 4, 2024
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Date Paid by: Payee Description Amount
8/2/2024 ACH/Checks City Payroll Payroll Period 07/13/2024 - 07/26/2024 1,133,932.04$ 8/2/2024 ACH Mission Square Payroll Period 07/13/2024 - 07/26/2024 95,949.87$ TOTAL PAYROLL: 1,229,881.91$
Date Paid by: Payee Description Amount
8/2/2024 ACH OpenEdge Credit Card Processing Fees July 2024 42,554.97$ 8/5/2024 ACH Cardpointe Credit Card Processing Fees July 2024 1,745.65$ TOTAL OTHER EFTs: 44,300.62$
TOTAL PAYMENTS: 1,274,182.53$
Payroll Register, Taxes and Other EFTs/Wires
City of Menifee
September 4, 2024
Item Title: 10.2
Warrant Register
Item Page Number: 17
Menifee Mayor and City Council
September 4, 2024
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CITY OF MENIFEE
SUBJECT: Treasurer's Report - June 2024
MEETING DATE: September 4, 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. Receive and file the Quarterly Treasurer’s Report as of June 30, 2024.
DISCUSSION
Attached is the signed monthly Treasurer’s Report for Cash and Investments as of June 30, 2024, and 2nd Quarter (April 2024 – June 2024) Quarterly Investment Review as summarized below.
This Treasurer’s Report is distinguished from the regular monthly report in that it includes more in-depth disclosure and review of investment activities over the past three months. The City of Menifee’s investment objectives in order of priority, are to provide safety to ensure the preservation of capital in the overall portfolio, provide sufficient liquidity for cash needs and a market rate of return consistent with the investment program. To achieve these objectives, the City invests in high quality fixed income securities consistent with the current investment policy (Investment Policy CC-11) and California Government Code.
Quarterly Review: 2ND Quarter (April 2024 - June 2024) Investment Summary With a favorable interest market throughout the period in review, the City’s investment portfolio continued to perform strongly during the 2 nd quarter of 2024, yielding additional interest revenue to support municipal services. The City’s investment approach balances its investments between short-term investment portfolio to long-term investments. Beginning in the fall of 2023, the city has taken some additional efforts to maximize the City’s investments opportunities in a fiscally prudent, but proactive manner.
Overall Investment Portfolio Composition
During the 2 nd quarter of 2024, the City continued to participate in the California Asset Management Program (CAMP) investment pool program. Staff identified an opportunity to further diversify the current investment portfolio, and thereby maximize investment opportunities by Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 1
Menifee Mayor and City Council
September 4, 2024
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City of Menifee Staff Report
Treasurer's Report – June 2024
September 4, 2024
2 3
0 0
participating in this program. Also, during the 2 nd Quarter period, the City maintained long-term investments through the support of investment consulting firms Piper Sandler and Chandler Asset Management. In April 2024, staff moved forward with expanding the investment portfolio managed by Chandler Asset Management, by transferring $50,000,000 from the CAMP investment pool.
Additionally in May 2024, following review with the Finance Committee, staff completed consolidation of all long-term investments with a transfer of all investments previously in Piper Sandler’s custody to Chandler Asset Management. In doing so, the City was able to re-organize the City’s investment portfolio under the management of one investment advisor compared to the previous divided structure of using an investment advisor and broker dealer.
Overall Investment Portfolio Performance
With respect to the City’s short-term investment pools, the Local Agency Investment Fund (LAIF) rate was 4.480% while CAMP returned 5.43% as of June 30, 2024. The quarter ending June 30, 2024 produced the following results: CAMP accrued $893,449.31 and LAIF accrued $340,187.57 in cash dividends and income. On the longer-term investment component of the portfolio, Piper Sandler accrued $101,868.65 interest during the months of April and May prior to the transfer of all investments to Chandler Asset Management. As part of the unification of the investment portfolio, the City reviewed long-term investment strategies to both maximize City investments and ensure compliance with the City’s investment policy. In this effort, the unified portfolio under Chandler Asset Management experienced a net return of $244,595.95 with overall portfolio earnings lower than would ordinarily be expected due to the selling off an over-concentration of low performing securities. This short-term strategy was anticipated in connection with the consolidation of securities from the Piper Sandler portfolio to allow for overall stronger diversification and higher returns going forward. The overall return of the consolidated Chandler Asset Management portfolio for the quarter ended June 30, 2024 was 1.06%, however, the average yield to maturity (purchase basis) was 3.34% as of the same period. As is the case with most of the current fiscal year, the short-term investment yields have been providing higher returns than long-term investments as the Federal Reserve has sustained higher interest rates thus far. However, future changes in interest rates would most immediately impact the short-term rates received.
TABLE 1: QUARTER 1 OVERALL INVESTMENT PORTFOLIO PERFORMANCE Investment
Portfolio
Investment Type/
Investment
Category
Beginning Market
Value
4/1/2024
Ending Market
Value
6/30/2024
Investment
Returns*
CAMP Pool/ Short-Term $100,731,668.09 $ 77,125,117.40 $ 893,449.31 LAIF Pool/ Short-Term $ 10,910,129.51 $ 11,250,317.08 $ 340,187.57 Piper Sandler City Investments/
Long-Term $ 64,424,280.00 $ - $ 101,868,65 Chandler
Asset
Management
City Investments/
Long-Term $ 10,987,225.96 $126,369,305.46** $ 244,595.95 * Includes dividends, interest earned, and realized gains/losses ** Reflects consolidation of Piper Sandler portfolio into Chandler Asset Management completed in May 2024.
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 2
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September 4, 2024
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City of Menifee Staff Report
Treasurer's Report – June 2024
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Cash Held Outside City Funds
As noted in the monthly Treasurer’s Report there are some specific funds held outside the City’s custody, and held instead by Wilmington Trust, designated trustee. These funds relate to the TRIP, and Streetlight Retrofit debt service payments, as well as the bonded CFDs bond proceeds and debt service payments. Pursuant to the Trustee agreements in place, Wilmington Trust oversees the investment of these funds. The average yield return of these funds is summarized within the corresponding section of the Treasurer’s Report.
STRATEGIC PLAN OBJECTIVE
Thriving Economy
FISCAL IMPACT
There is no fiscal impact associated with the recommended action.
ATTACHMENTS
1. Treasurer’s Report as of June 30, 2024.
2. CAMP Investment Statements April 2024
3. CAMP Investment Statements May 2024
4. CAMP Investment Statements June 2024
5. LAIF Investment Statements April 2024
6. LAIF Investment Statements May 2024
7. LAIF Investment Statements June 2024
8. U.S. Bank Piper Sandler Investment Statements April 2024
9. U.S. Bank Piper Sandler Investment Statements May 2024
10. U.S. Bank Piper Sandler Investment Statements June 2024
11. U.S. Bank Chandler Investment Statements April 2024
12. U.S. Bank Chandler Investment Statements May 2024
13. U.S. Bank Chandler Investment Statements June 2024
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 3
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September 4, 2024
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Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 4
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September 4, 2024
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City of Menifee
ACCOUNT STATEMENT
For the Month Ending
April 30, 2024
Customer Service
PO Box 11813
Harrisburg, PA 17108-1813
Contents
Cover/Disclosures
Summary Statement
Individual Accounts
CITY OF MENIFEE
MISS ANN-MARIE ETIENNE
29844 HAUN ROAD
MENIFEE, CA 92586
Client Management Team
Accounts included in Statement
4037-001 City of Menifee
www.camponline.comOnline Access 1-800-729-7665Customer Service Important Messages
CAMP will be closed on 05/27/2024 for Memorial Day.
Kyle Tanaka
Assistant Program Administrator
633 W 5th St., 25th Floor
Los Angeles, CA 90071
213-500-8694
[email protected]
Rachael Miller
Client Consultant
213 Market Street
Harrisburg, PA 17101-2141
1-800-729-7665
[email protected]
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 5
Menifee Mayor and City Council
September 4, 2024
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For the Month Ending April 30, 2024
Account Statement
Important Disclosures
Important Disclosures
365 and dividing the result by 7. The yields quoted should not be considered a representation of the yield of the fund in the future, since the yield is not fixed.
Average maturity represents the average maturity of all securities and investments of a portfolio, determined by multiplying the par or principal value of each security or investment by its maturity (days or years), summing the products, and dividing the sum by the total principal value of the portfolio. The stated maturity date of mortgage backed or callable securities are used in this statement. However the actual maturity of these securities could vary depending on the level or prepayments on the underlying mortgages or whether a callable security has or is still able to be called.
Monthly distribution yield represents the net change in the value of one share (normally $1.00 per share) resulting from all dividends declared during the month by a fund expressed as a percentage of the value of one share at the beginning of the month. This resulting net change is then annualized by multiplying it by 365 and dividing it by the number of calendar days in the month.
YTM at Cost The yield to maturity at cost is the expected rate of return, based on the original cost, the annual interest receipts, maturity value and the time period from purchase date to maturity, stated as a percentage, on an annualized basis.
YTM at Market The yield to maturity at market is the rate of return, based on the current market value, the annual interest receipts, maturity value and the time period remaining until maturity, stated as a percentage, on an annualized basis.
Managed Account A portfolio of investments managed discretely by PFMAM according to the client’s specific investment policy and requirements. The investments are directly owned by the client and held by the client’s custodian.
Unsettled Trade A trade which has been executed however the final consummation of the security transaction and payment has not yet taken place.
Please review the detail pages of this statement carefully. If you think your statement is wrong, missing account information, or if you need more information about a transaction, please contact PFMAM within 60 days of receipt. If you have other concerns or questions regarding your account, or to request an updated copy of PFMAM's current disclosure statement, please contact a member of your client management team at PFMAM Service Operations at the address below.
PFM Asset Management LLC
Attn: Service Operations
213 Market Street
Harrisburg, PA 17101
NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE This statement is for general information purposes only and is not intended to provide specific advice or recommendations. PFM Asset Management LLC ("PFMAM") is an investment adviser registered with the U.S. Securities and Exchange Commission and a subsidiary of U.S. Bancorp Asset Management, Inc. ("USBAM"). USBAM is a subsidiary of U.S. Bank National Association ("U.S. Bank"). U.S. Bank is a separate entity and subsidiary of U.S. Bancorp. U.S. Bank is not responsible for and does not guarantee the products, services or performance of PFMAM. PFMAM maintains a written disclosure statement of our background and business experience. If you would like to receive a copy of our current disclosure statement, please contact Service Operations at the address below.
Proxy Voting PFMAM does not normally receive proxies to vote on behalf of its clients.
However, it does on occasion receive consent requests. In the event a consent request is received the portfolio manager contacts the client and then proceeds according to their instructions. PFMAM’s Proxy Voting Policy is available upon request by contacting Service Operations at the address below.
Questions About an Account PFMAM’s monthly statement is intended to detail our investment advisory activity as well as the activity of any accounts held by clients in pools that are managed by PFMAM. The custodian bank maintains the control of assets and executes (i.e., settles) all investment transactions. The custodian statement is the official record of security and cash holdings and transactions. PFMAM recognizes that clients may use these reports to facilitate record keeping and that the custodian bank statement and the PFMAM statement should be reconciled and differences resolved.
Many custodians use a settlement date basis which may result in the need to reconcile due to a timing difference.
Account Control PFMAM does not have the authority to withdraw funds from or deposit funds to the custodian outside the scope of services provided by PFMAM. Our clients retain responsibility for their internal accounting policies; implementing and enforcing internal controls and generating ledger entries or otherwise recording transactions.
Market Value Generally, PFMAM’s market prices are derived from closing bid prices as of the last business day of the month as supplied by Refinitiv or Bloomberg. For certain short-term investments or where prices are not available from generally recognized sources the securities are priced using a yield-based matrix system to arrive at an estimated market value. Prices that fall between data points are interpolated.
Non-negotiable FDIC-insured bank certificates of deposit are priced at par. Although PFMAM believes the prices to be reliable, the values of the securities may not represent the prices at which the securities could have been bought or sold. Explanation of the valuation methods for a registered investment company or local government investment program is contained in the appropriate fund offering documentation or information statement.
Amortized Cost The original cost of the principal of the security is adjusted for the amount of the periodic reduction of any discount or premium from the purchase date until the date of the report. Discount or premium with respect to short term securities (those with less than one year to maturity at time of issuance) is amortized on a straightline basis. Such discount or premium with respect to longer term securities is amortized using the constant yield basis.
Tax Reporting Cost data and realized gains / losses are provided for informational purposes only. Please review for accuracy and consult your tax advisor to determine the tax consequences of your security transactions. PFMAM does not report such information to the IRS or other taxing authorities and is not responsible for the accuracy of such information that may be required to be reported to federal, state or other taxing authorities.
Financial Situation In order to better serve you, PFMAM should be promptly notified of any material change in your investment objective or financial situation.
Callable Securities Securities subject to redemption prior to maturity may be redeemed in whole or in part before maturity, which could affect the yield represented.
Portfolio The securities in this portfolio, including shares of mutual funds, are not guaranteed or otherwise protected by PFMAM, the FDIC (except for certain non-negotiable certificates of deposit) or any government agency. Investment in securities involves risks, including the possible loss of the amount invested. Actual settlement values, accrued interest, and amortized cost amounts may vary for securities subject to an adjustable interest rate or subject to principal paydowns. Any changes to the values shown may be reflected within the next monthly statement’s beginning values.
Rating Information provided for ratings is based upon a good faith inquiry of selected sources, but its accuracy and completeness cannot be guaranteed.
Shares of some local government investment programs and TERM funds are marketed through representatives of PFMAM's affiliate, PFM Fund Distributors, Inc. which is registered with the SEC as a broker/dealer and is a member of the Financial Industry Regulatory Authority (“FINRA”) and the Municipal Securities Rulemaking Board (“MSRB”). You may reach the FINRA by calling the FINRA Hotline at 1-800-289-9999 or at the FINRA website address
https://www.finra.org/investors/investor-contacts. A brochure describing the FINRA Regulation Public Disclosure Program is also available from FINRA upon request.
Key Terms and Definitions
Dividends on local government investment program funds consist of interest earned, plus any discount ratably amortized to the date of maturity, plus all realized gains and losses on the sale of securities prior to maturity, less ratable amortization of any premium and all accrued expenses to the fund. Dividends are accrued daily and may be paid either monthly or quarterly. The monthly earnings on this statement represent the estimated dividend accrued for the month for any program that distributes earnings on a quarterly basis. There is no guarantee that the estimated amount will be paid on the actual distribution date.
Current Yield is the net change, exclusive of capital changes and income other than investment income, in the value of a hypothetical fund account with a balance of one share over the seven-day base period including the statement date, expressed as a percentage of the value of one share (normally $1.00 per share) at the beginning of the seven-day period. This resulting net change in account value is then annualized by multiplying it by
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 6
Menifee Mayor and City Council
September 4, 2024
Page
39 of 489
For the Month Ending April 30, 2024Account Statement - Transaction Summary City of Menifee - City of Menifee - 4037-001
Opening Market Value
Purchases
Redemptions
Change in Value
Closing Market Value
100,731,668.09
6,614,786.14
(50,000,000.00)
0.00 $57,346,454.23
CAMP Pool
Unsettled Trades 0.00
314,786.14 Cash Dividends and Income
April 30, 2024 March 31, 2024
Asset Summary
CAMP Pool 57,346,454.23 100,731,668.09
$57,346,454.23 $100,731,668.09 Total
Asset Allocation
100.00%
CAMP Pool
Account 4037-001 Page 1
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 7
Menifee Mayor and City Council
September 4, 2024
Page
40 of 489
For the Month Ending April 30, 2024Account Statement
City of Menifee - City of Menifee - 4037-001
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
100,731,668.09 Opening Balance
04/11/24 04/11/24 Redemption - Outgoing Wires 1.00 (50,000,000.00) 50,731,668.09 04/16/24 04/16/24 Purchase - Incoming Wires 1.00 6,300,000.00 57,031,668.09 04/30/24 05/01/24 Accrual Income Div Reinvestment - Distributions 1.00 314,786.14 57,346,454.23 57,346,454.23
57,346,454.23
57,346,454.23
70,558,827.63
1,246,454.23
0.00 (56,500,000.00)
113,846,454.23
0.00 314,786.14
57,346,454.23
0.00 (50,000,000.00)
6,614,786.14
100,731,668.09
Monthly Distribution Yield
Average Monthly Balance
Closing Balance
Fiscal YTDMonth of
Cash Dividends and Income
Closing Balance
Check Disbursements
Redemptions (Excl. Checks)
Purchases
Opening Balance
Closing Balance
April July-April
5.44%
Account 4037-001 Page 2
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 8
Menifee Mayor and City Council
September 4, 2024
Page
41 of 489
City of Menifee
ACCOUNT STATEMENT
For the Month Ending
May 31, 2024
Customer Service
PO Box 11813
Harrisburg, PA 17108-1813
Contents
Cover/Disclosures
Summary Statement
Individual Accounts
CITY OF MENIFEE
MISS ANN-MARIE ETIENNE
29844 HAUN ROAD
MENIFEE, CA 92586
Client Management Team
Accounts included in Statement
4037-001 City of Menifee
www.camponline.comOnline Access 1-800-729-7665Customer Service Important Messages
CAMP will be closed on 06/19/2024 for Juneteenth.
CAMP will be closed on 07/04/2024 for Independence Day.
Kyle Tanaka
Assistant Program Administrator
633 W 5th St., 25th Floor
Los Angeles, CA 90071
213-500-8694
[email protected]
Rachael Miller
Client Consultant
213 Market Street
Harrisburg, PA 17101-2141
1-800-729-7665
[email protected]
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 9
Menifee Mayor and City Council
September 4, 2024
Page
42 of 489
For the Month Ending May 31, 2024
Account Statement
Important Disclosures
Important Disclosures
365 and dividing the result by 7. The yields quoted should not be considered a representation of the yield of the fund in the future, since the yield is not fixed.
Average maturity represents the average maturity of all securities and investments of a portfolio, determined by multiplying the par or principal value of each security or investment by its maturity (days or years), summing the products, and dividing the sum by the total principal value of the portfolio. The stated maturity date of mortgage backed or callable securities are used in this statement. However the actual maturity of these securities could vary depending on the level or prepayments on the underlying mortgages or whether a callable security has or is still able to be called.
Monthly distribution yield represents the net change in the value of one share (normally $1.00 per share) resulting from all dividends declared during the month by a fund expressed as a percentage of the value of one share at the beginning of the month. This resulting net change is then annualized by multiplying it by 365 and dividing it by the number of calendar days in the month.
YTM at Cost The yield to maturity at cost is the expected rate of return, based on the original cost, the annual interest receipts, maturity value and the time period from purchase date to maturity, stated as a percentage, on an annualized basis.
YTM at Market The yield to maturity at market is the rate of return, based on the current market value, the annual interest receipts, maturity value and the time period remaining until maturity, stated as a percentage, on an annualized basis.
Managed Account A portfolio of investments managed discretely by PFMAM according to the client’s specific investment policy and requirements. The investments are directly owned by the client and held by the client’s custodian.
Unsettled Trade A trade which has been executed however the final consummation of the security transaction and payment has not yet taken place.
Please review the detail pages of this statement carefully. If you think your statement is wrong, missing account information, or if you need more information about a transaction, please contact PFMAM within 60 days of receipt. If you have other concerns or questions regarding your account, or to request an updated copy of PFMAM's current disclosure statement, please contact a member of your client management team at PFMAM Service Operations at the address below.
PFM Asset Management LLC
Attn: Service Operations
213 Market Street
Harrisburg, PA 17101
NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE This statement is for general information purposes only and is not intended to provide specific advice or recommendations. PFM Asset Management LLC ("PFMAM") is an investment adviser registered with the U.S. Securities and Exchange Commission and a subsidiary of U.S. Bancorp Asset Management, Inc. ("USBAM"). USBAM is a subsidiary of U.S. Bank National Association ("U.S. Bank"). U.S. Bank is a separate entity and subsidiary of U.S. Bancorp. U.S. Bank is not responsible for and does not guarantee the products, services or performance of PFMAM. PFMAM maintains a written disclosure statement of our background and business experience. If you would like to receive a copy of our current disclosure statement, please contact Service Operations at the address below.
Proxy Voting PFMAM does not normally receive proxies to vote on behalf of its clients.
However, it does on occasion receive consent requests. In the event a consent request is received the portfolio manager contacts the client and then proceeds according to their instructions. PFMAM’s Proxy Voting Policy is available upon request by contacting Service Operations at the address below.
Questions About an Account PFMAM’s monthly statement is intended to detail our investment advisory activity as well as the activity of any accounts held by clients in pools that are managed by PFMAM. The custodian bank maintains the control of assets and executes (i.e., settles) all investment transactions. The custodian statement is the official record of security and cash holdings and transactions. PFMAM recognizes that clients may use these reports to facilitate record keeping and that the custodian bank statement and the PFMAM statement should be reconciled and differences resolved.
Many custodians use a settlement date basis which may result in the need to reconcile due to a timing difference.
Account Control PFMAM does not have the authority to withdraw funds from or deposit funds to the custodian outside the scope of services provided by PFMAM. Our clients retain responsibility for their internal accounting policies; implementing and enforcing internal controls and generating ledger entries or otherwise recording transactions.
Market Value Generally, PFMAM’s market prices are derived from closing bid prices as of the last business day of the month as supplied by Refinitiv or Bloomberg. For certain short-term investments or where prices are not available from generally recognized sources the securities are priced using a yield-based matrix system to arrive at an estimated market value. Prices that fall between data points are interpolated.
Non-negotiable FDIC-insured bank certificates of deposit are priced at par. Although PFMAM believes the prices to be reliable, the values of the securities may not represent the prices at which the securities could have been bought or sold. Explanation of the valuation methods for a registered investment company or local government investment program is contained in the appropriate fund offering documentation or information statement.
Amortized Cost The original cost of the principal of the security is adjusted for the amount of the periodic reduction of any discount or premium from the purchase date until the date of the report. Discount or premium with respect to short term securities (those with less than one year to maturity at time of issuance) is amortized on a straightline basis. Such discount or premium with respect to longer term securities is amortized using the constant yield basis.
Tax Reporting Cost data and realized gains / losses are provided for informational purposes only. Please review for accuracy and consult your tax advisor to determine the tax consequences of your security transactions. PFMAM does not report such information to the IRS or other taxing authorities and is not responsible for the accuracy of such information that may be required to be reported to federal, state or other taxing authorities.
Financial Situation In order to better serve you, PFMAM should be promptly notified of any material change in your investment objective or financial situation.
Callable Securities Securities subject to redemption prior to maturity may be redeemed in whole or in part before maturity, which could affect the yield represented.
Portfolio The securities in this portfolio, including shares of mutual funds, are not guaranteed or otherwise protected by PFMAM, the FDIC (except for certain non-negotiable certificates of deposit) or any government agency. Investment in securities involves risks, including the possible loss of the amount invested. Actual settlement values, accrued interest, and amortized cost amounts may vary for securities subject to an adjustable interest rate or subject to principal paydowns. Any changes to the values shown may be reflected within the next monthly statement’s beginning values.
Rating Information provided for ratings is based upon a good faith inquiry of selected sources, but its accuracy and completeness cannot be guaranteed.
Shares of some local government investment programs and TERM funds are marketed through representatives of PFMAM's affiliate, PFM Fund Distributors, Inc. which is registered with the SEC as a broker/dealer and is a member of the Financial Industry Regulatory Authority (“FINRA”) and the Municipal Securities Rulemaking Board (“MSRB”). You may reach the FINRA by calling the FINRA Hotline at 1-800-289-9999 or at the FINRA website address
https://www.finra.org/investors/investor-contacts. A brochure describing the FINRA Regulation Public Disclosure Program is also available from FINRA upon request.
Key Terms and Definitions
Dividends on local government investment program funds consist of interest earned, plus any discount ratably amortized to the date of maturity, plus all realized gains and losses on the sale of securities prior to maturity, less ratable amortization of any premium and all accrued expenses to the fund. Dividends are accrued daily and may be paid either monthly or quarterly. The monthly earnings on this statement represent the estimated dividend accrued for the month for any program that distributes earnings on a quarterly basis. There is no guarantee that the estimated amount will be paid on the actual distribution date.
Current Yield is the net change, exclusive of capital changes and income other than investment income, in the value of a hypothetical fund account with a balance of one share over the seven-day base period including the statement date, expressed as a percentage of the value of one share (normally $1.00 per share) at the beginning of the seven-day period. This resulting net change in account value is then annualized by multiplying it by
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 10
Menifee Mayor and City Council
September 4, 2024
Page
43 of 489
For the Month Ending May 31, 2024Account Statement - Transaction Summary City of Menifee - City of Menifee - 4037-001
Opening Market Value
Purchases
Redemptions
Change in Value
Closing Market Value
57,346,454.23
11,267,154.18
0.00 0.00
$68,613,608.41
CAMP Pool
Unsettled Trades 0.00
267,154.18 Cash Dividends and Income
May 31, 2024 April 30, 2024
Asset Summary
CAMP Pool 68,613,608.41 57,346,454.23
$68,613,608.41 $57,346,454.23 Total
Asset Allocation
100.00%
CAMP Pool
Account 4037-001 Page 1
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 11
Menifee Mayor and City Council
September 4, 2024
Page
44 of 489
For the Month Ending May 31, 2024Account Statement
City of Menifee - City of Menifee - 4037-001
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
57,346,454.23 Opening Balance
05/30/24 05/30/24 Purchase - Incoming Wires 1.00 11,000,000.00 68,346,454.23 05/31/24 06/03/24 Accrual Income Div Reinvestment - Distributions 1.00 267,154.18 68,613,608.41 68,613,608.41
68,613,608.41
68,613,608.41
58,064,749.53
1,513,608.41
0.00 (56,500,000.00)
125,113,608.41
0.00 267,154.18
68,613,608.41
0.00 0.00
11,267,154.18
57,346,454.23
Monthly Distribution Yield
Average Monthly Balance
Closing Balance
Fiscal YTDMonth of
Cash Dividends and Income
Closing Balance
Check Disbursements
Redemptions (Excl. Checks)
Purchases
Opening Balance
Closing Balance
May July-May
5.43%
Account 4037-001 Page 2
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 12
Menifee Mayor and City Council
September 4, 2024
Page
45 of 489
City of Menifee
ACCOUNT STATEMENT
For the Month Ending
June 30, 2024
Customer Service
PO Box 11813
Harrisburg, PA 17108-1813
Contents
Cover/Disclosures
Summary Statement
Individual Accounts
CITY OF MENIFEE
MISS ANN-MARIE ETIENNE
29844 HAUN ROAD
MENIFEE, CA 92586
Client Management Team
Accounts included in Statement
4037-001 City of Menifee
www.camponline.comOnline Access 1-800-729-7665Customer Service Important Messages
CAMP will be closed on 07/04/2024 for Independence Day.
Kyle Tanaka
Assistant Program Administrator
633 W 5th St., 25th Floor
Los Angeles, CA 90071
213-500-8694
[email protected]
Rachael Miller
Client Consultant
213 Market Street
Harrisburg, PA 17101-2141
1-800-729-7665
[email protected]
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 13
Menifee Mayor and City Council
September 4, 2024
Page
46 of 489
For the Month Ending June 30, 2024
Account Statement
Important Disclosures
Important Disclosures
365 and dividing the result by 7. The yields quoted should not be considered a representation of the yield of the fund in the future, since the yield is not fixed.
Average maturity represents the average maturity of all securities and investments of a portfolio, determined by multiplying the par or principal value of each security or investment by its maturity (days or years), summing the products, and dividing the sum by the total principal value of the portfolio. The stated maturity date of mortgage backed or callable securities are used in this statement. However the actual maturity of these securities could vary depending on the level or prepayments on the underlying mortgages or whether a callable security has or is still able to be called.
Monthly distribution yield represents the net change in the value of one share (normally $1.00 per share) resulting from all dividends declared during the month by a fund expressed as a percentage of the value of one share at the beginning of the month. This resulting net change is then annualized by multiplying it by 365 and dividing it by the number of calendar days in the month.
YTM at Cost The yield to maturity at cost is the expected rate of return, based on the original cost, the annual interest receipts, maturity value and the time period from purchase date to maturity, stated as a percentage, on an annualized basis.
YTM at Market The yield to maturity at market is the rate of return, based on the current market value, the annual interest receipts, maturity value and the time period remaining until maturity, stated as a percentage, on an annualized basis.
Managed Account A portfolio of investments managed discretely by PFMAM according to the client’s specific investment policy and requirements. The investments are directly owned by the client and held by the client’s custodian.
Unsettled Trade A trade which has been executed however the final consummation of the security transaction and payment has not yet taken place.
Please review the detail pages of this statement carefully. If you think your statement is wrong, missing account information, or if you need more information about a transaction, please contact PFMAM within 60 days of receipt. If you have other concerns or questions regarding your account, or to request an updated copy of PFMAM's current disclosure statement, please contact a member of your client management team at PFMAM Service Operations at the address below.
PFM Asset Management LLC
Attn: Service Operations
213 Market Street
Harrisburg, PA 17101
NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE This statement is for general information purposes only and is not intended to provide specific advice or recommendations. PFM Asset Management LLC ("PFMAM") is an investment adviser registered with the U.S. Securities and Exchange Commission and a subsidiary of U.S. Bancorp Asset Management, Inc. ("USBAM"). USBAM is a subsidiary of U.S. Bank National Association ("U.S. Bank"). U.S. Bank is a separate entity and subsidiary of U.S. Bancorp. U.S. Bank is not responsible for and does not guarantee the products, services or performance of PFMAM. PFMAM maintains a written disclosure statement of our background and business experience. If you would like to receive a copy of our current disclosure statement, please contact Service Operations at the address below.
Proxy Voting PFMAM does not normally receive proxies to vote on behalf of its clients.
However, it does on occasion receive consent requests. In the event a consent request is received the portfolio manager contacts the client and then proceeds according to their instructions. PFMAM’s Proxy Voting Policy is available upon request by contacting Service Operations at the address below.
Questions About an Account PFMAM’s monthly statement is intended to detail our investment advisory activity as well as the activity of any accounts held by clients in pools that are managed by PFMAM. The custodian bank maintains the control of assets and executes (i.e., settles) all investment transactions. The custodian statement is the official record of security and cash holdings and transactions. PFMAM recognizes that clients may use these reports to facilitate record keeping and that the custodian bank statement and the PFMAM statement should be reconciled and differences resolved.
Many custodians use a settlement date basis which may result in the need to reconcile due to a timing difference.
Account Control PFMAM does not have the authority to withdraw funds from or deposit funds to the custodian outside the scope of services provided by PFMAM. Our clients retain responsibility for their internal accounting policies; implementing and enforcing internal controls and generating ledger entries or otherwise recording transactions.
Market Value Generally, PFMAM’s market prices are derived from closing bid prices as of the last business day of the month as supplied by Refinitiv or Bloomberg. For certain short-term investments or where prices are not available from generally recognized sources the securities are priced using a yield-based matrix system to arrive at an estimated market value. Prices that fall between data points are interpolated.
Non-negotiable FDIC-insured bank certificates of deposit are priced at par. Although PFMAM believes the prices to be reliable, the values of the securities may not represent the prices at which the securities could have been bought or sold. Explanation of the valuation methods for a registered investment company or local government investment program is contained in the appropriate fund offering documentation or information statement.
Amortized Cost The original cost of the principal of the security is adjusted for the amount of the periodic reduction of any discount or premium from the purchase date until the date of the report. Discount or premium with respect to short term securities (those with less than one year to maturity at time of issuance) is amortized on a straightline basis. Such discount or premium with respect to longer term securities is amortized using the constant yield basis.
Tax Reporting Cost data and realized gains / losses are provided for informational purposes only. Please review for accuracy and consult your tax advisor to determine the tax consequences of your security transactions. PFMAM does not report such information to the IRS or other taxing authorities and is not responsible for the accuracy of such information that may be required to be reported to federal, state or other taxing authorities.
Financial Situation In order to better serve you, PFMAM should be promptly notified of any material change in your investment objective or financial situation.
Callable Securities Securities subject to redemption prior to maturity may be redeemed in whole or in part before maturity, which could affect the yield represented.
Portfolio The securities in this portfolio, including shares of mutual funds, are not guaranteed or otherwise protected by PFMAM, the FDIC (except for certain non-negotiable certificates of deposit) or any government agency. Investment in securities involves risks, including the possible loss of the amount invested. Actual settlement values, accrued interest, and amortized cost amounts may vary for securities subject to an adjustable interest rate or subject to principal paydowns. Any changes to the values shown may be reflected within the next monthly statement’s beginning values.
Rating Information provided for ratings is based upon a good faith inquiry of selected sources, but its accuracy and completeness cannot be guaranteed.
Shares of some local government investment programs and TERM funds are marketed through representatives of PFMAM's affiliate, PFM Fund Distributors, Inc. which is registered with the SEC as a broker/dealer and is a member of the Financial Industry Regulatory Authority (“FINRA”) and the Municipal Securities Rulemaking Board (“MSRB”). You may reach the FINRA by calling the FINRA Hotline at 1-800-289-9999 or at the FINRA website address
https://www.finra.org/investors/investor-contacts. A brochure describing the FINRA Regulation Public Disclosure Program is also available from FINRA upon request.
Key Terms and Definitions
Dividends on local government investment program funds consist of interest earned, plus any discount ratably amortized to the date of maturity, plus all realized gains and losses on the sale of securities prior to maturity, less ratable amortization of any premium and all accrued expenses to the fund. Dividends are accrued daily and may be paid either monthly or quarterly. The monthly earnings on this statement represent the estimated dividend accrued for the month for any program that distributes earnings on a quarterly basis. There is no guarantee that the estimated amount will be paid on the actual distribution date.
Current Yield is the net change, exclusive of capital changes and income other than investment income, in the value of a hypothetical fund account with a balance of one share over the seven-day base period including the statement date, expressed as a percentage of the value of one share (normally $1.00 per share) at the beginning of the seven-day period. This resulting net change in account value is then annualized by multiplying it by
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 14
Menifee Mayor and City Council
September 4, 2024
Page
47 of 489
For the Month Ending June 30, 2024Account Statement - Transaction Summary City of Menifee - City of Menifee - 4037-001
Opening Market Value
Purchases
Redemptions
Change in Value
Closing Market Value
68,613,608.41
8,511,508.99
0.00 0.00
$77,125,117.40
CAMP Pool
Unsettled Trades 0.00
311,508.99 Cash Dividends and Income
June 30, 2024 May 31, 2024
Asset Summary
CAMP Pool 77,125,117.40 68,613,608.41
$77,125,117.40 $68,613,608.41 Total
Asset Allocation
100.00%
CAMP Pool
Account 4037-001 Page 1
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 15
Menifee Mayor and City Council
September 4, 2024
Page
48 of 489
For the Month Ending June 30, 2024Account Statement
City of Menifee - City of Menifee - 4037-001
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
68,613,608.41 Opening Balance
06/26/24 06/26/24 Purchase - Incoming Wires 1.00 8,200,000.00 76,813,608.41 06/28/24 07/01/24 Accrual Income Div Reinvestment - Distributions 1.00 311,508.99 77,125,117.40 77,125,117.40
77,125,117.40
77,125,117.40
70,011,425.98
1,825,117.40
0.00 (56,500,000.00)
133,625,117.40
0.00 311,508.99
77,125,117.40
0.00 0.00
8,511,508.99
68,613,608.41
Monthly Distribution Yield
Average Monthly Balance
Closing Balance
Fiscal YTDMonth of
Cash Dividends and Income
Closing Balance
Check Disbursements
Redemptions (Excl. Checks)
Purchases
Opening Balance
Closing Balance
June July-June
5.43%
Account 4037-001 Page 2
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 16
Menifee Mayor and City Council
September 4, 2024
Page
49 of 489
Local Agency Investment Fund P.O. Box 942809 Sacramento, CA 94209-0001 (916) 653-3001 August 12, 2024
LAIF HomePMIA Average Monthly Yields
CITY OF MENIFEE
FINANCE29714 HAUN ROADMENIFEE, CA 92586
Account Number: 98-33-523
April 2024 Statement
Tran Type Definitions
EffectiveDateTransactionDateTranTypeConfirmNumber
WebConfirmNumberAuthorized CallerAmount4/15/20244/12/2024 QRD1751964 N/A SYSTEM 340,187.57 Account Summary
Total Deposit: 340,187.57 Beginning Balance:10,910,129.51 Total Withdrawal: 0.00 Ending Balance:11,250,317.08
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 17
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Local Agency Investment Fund P.O. Box 942809 Sacramento, CA 94209-0001 (916) 653-3001 August 12, 2024
LAIF HomePMIA Average Monthly Yields
CITY OF MENIFEE
FINANCE29714 HAUN ROADMENIFEE, CA 92586
Account Number: 98-33-523
May 2024 Statement
Tran Type Definitions
Account Summary
Total Deposit: 0.00 Beginning Balance:11,250,317.08
Total Withdrawal: 0.00 Ending Balance:11,250,317.08
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 18
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Local Agency Investment Fund P.O. Box 942809 Sacramento, CA 94209-0001 (916) 653-3001 August 12, 2024
LAIF HomePMIA Average Monthly Yields
CITY OF MENIFEE
FINANCE29714 HAUN ROADMENIFEE, CA 92586
Account Number: 98-33-523
June 2024 Statement
Tran Type Definitions
Account Summary
Total Deposit: 0.00 Beginning Balance:11,250,317.08
Total Withdrawal: 0.00 Ending Balance:11,250,317.08
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 19
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0509316-00-01888-04
QUESTIONS? ACCOUNT NUMBER: 001051010931
CITY OF MENIFEEIf you have any questions regarding your account or this statement, please contact your Administrator.
IBRAHIMA KANE
CN-OH-W5IT
CN-OH-W5IT
425 WALNUT STREET
CINCINNATI OH 45202
Phone 513-632-4038
E-mail [email protected] This statement is for the period from April 1, 2024 to April 30, 2024 Portfolio Manager:
TS CIN RC #6 - MANUAL
CN-OH-W6TC
000003240 02 SP
CITY OF MENIFEE
000638706711850 S
ATTN: ROCHELLE CLAYTON
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
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TABLE OF CONTENTS
Schedule Page
Market Value Summary ........................................................................................
Asset Summary ....................................................................................................
Income Summary ..................................................................................................
Cash Summary .....................................................................................................
Asset Detail ...........................................................................................................
Transaction Detail .................................................................................................
Bond Summary ..................................................................................................... 1 2
3 4
5 8
9 Item Title: 10.3
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ACCOUNT NUMBER: 001051010931 April 1, 2024 to April 30, 2024
MARKET VALUE SUMMARY
Current Period Year-to-Date
04/01/24 to 04/30/24 01/01/24 to 04/30/24 Current Period 04/01/24 to 04/30/24 Beginning Market Value $64,529,719.26 $64,196,350.46
Taxable Interest 71,208.42
-537.75
245,935.52
-2,146.05
88,220.00
Fees and Expenses
Change in Investment Value -72,030.00
Ending Market Value $64,528,359.93 $64,528,359.93
Item Title: 10.3
Treasurer's Report - June 2024
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ACCOUNT NUMBER: 001051010931 April 1, 2024 to April 30, 2024
ASSET SUMMARY
Current Period
Market Value
% of
Total
Estimated
Annual IncomeAssets
Cash & Equivalents
Taxable Bonds
2,176,109.93
62,352,250.00
3.40 107,271.51
595,250.0096.60
Total Market Value $64,528,359.93 100.00 $702,521.51
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 25
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ACCOUNT NUMBER: 001051010931 April 1, 2024 to April 30, 2024
INCOME SUMMARY
Income Received
Current Period
Income Received
YTD
Taxable Interest 71,208.42 245,935.52
Total Current Period Income $71,208.42 $245,935.52
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 26
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ACCOUNT NUMBER: 001051010931 April 1, 2024 to April 30, 2024
CASH SUMMARY
Principal
Cash
Income
Cash
Total
Cash
Beginning Cash 04/01/2024 -$1,602,928.96 $1,602,928.96 $0.00 Taxable Interest 71,208.42 71,208.42
-537.75Fees and Expenses
Net Money Market Activity
-537.75
-70,670.67 -70,670.67
Ending Cash 04/30/2024 -$1,674,137.38 $1,674,137.38 $0.00 Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 27
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ACCOUNT NUMBER: 001051010931 April 1, 2024 to April 30, 2024
ASSET DETAIL
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Cash & Equivalents
Cash/Money Market
First American Government - 31846V203
Oblig Fd Cl Y
#3763
2,176,109.930 1.0000 2,176,109.93 2,176,109.93 0.00 3.4 107,271.51 4.93 Total Cash/Money Market $2,176,109.93 $2,176,109.93 $0.00 3.4 $107,271.51 Cash
Principal Cash
Income Cash
-1,674,137.38
1,674,137.38
-1,674,137.38
1,674,137.38
-2.6
2.6 Total Cash $0.00 $0.00 $0.00
$0.00
0.0 3.4
$0.00
Total Cash & Equivalents $2,176,109.93 $2,176,109.93 $107,271.51 Taxable Bonds
US Government Issues
Federal Farm Credit Bks - 3133EMF98
0.650 06/09/2025
4,000,000.000 95.1550
91.2130
97.9740
3,806,200.00
4,560,650.00
4,898,700.00
4,000,000.00
4,977,500.00
5,000,000.00
-193,800.00
-416,850.00
-101,300.00
5.9 7.1
7.6 26,000.00
40,000.00
25,000.00
0.68 0.88
0.51 Federal Farm Credit Bks - 3133EML67
0.800 06/22/2026
5,000,000.000
Federal Home Loan Bks - 3130AMXJ6
0.500 09/30/2024
5,000,000.000
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 28
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ACCOUNT NUMBER: 001051010931 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Federal Home Loan Bks - 3130AMNZ1
0.500 12/16/2024
3,000,000.000 97.0650
95.9390
93.9660
95.1630
91.2800
91.6430
91.6440
95.7920
92.2310
97.1240
2,911,950.00
4,796,950.00
3,758,640.00
4,758,150.00
4,564,000.00
4,582,150.00
4,582,200.00
4,789,600.00
3,689,240.00
2,913,720.00
3,000,000.00
5,000,000.00
4,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
4,984,375.00
3,998,750.00
3,091,875.00
-88,050.00
-203,050.00
-241,360.00
-241,850.00
-436,000.00
-417,850.00
-417,800.00
-194,775.00
-309,510.00
-178,155.00
4.5 7.4
5.8 7.4
7.1 7.1
7.1 7.4
5.7 4.5
15,000.00
31,250.00
28,000.00
37,500.00
43,750.00
50,000.00
52,500.00
25,000.00
30,000.00
41,250.00
0.51 0.65
0.74 0.79
0.96 1.09
1.15 0.52
0.81 1.42
Federal Home Loan Bks - 3130AMST0
0.625 03/24/2025
5,000,000.000
Federal Home Loan Bks - 3130AMQ54
0.700 09/16/2025
4,000,000.000
Federal Home Loan Bks - 3130AMX31
0.750 06/30/2025
5,000,000.000
Federal Home Loan Bks - 3130AMM33
0.875 07/16/2026
5,000,000.000
Federal Home Loan Bks - 3130AMT28
1.000 06/30/2026
5,000,000.000
Federal Home Loan Bks - 3130AMWZ1
1.050 06/30/2026
5,000,000.000
U S Treasury Note - 912828ZF0
0.500 03/31/2025
5,000,000.000
U S Treasury Note - 91282CBT7
0.750 03/31/2026
4,000,000.000
U S Treasury Note - 912828Z52
1.375 01/31/2025
3,000,000.000
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 29
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ACCOUNT NUMBER: 001051010931 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
U S Treasury Note - 912828YM6
1.500 10/31/2024
3,000,000.000 98.1080
96.0700
95.7380
2,943,240.00
2,882,100.00
3,111,562.50
3,175,312.50
-168,322.50
-293,212.50
4.6 4.5
45,000.00
60,000.00
1.53 2.08
2.35 U S Treasury Note - 912828K74
2.000 08/15/2025
3,000,000.000
U S Treasury Note - 912828M56
2.250 11/15/2025
2,000,000.000 1,914,760.00 2,140,625.00 -225,865.00 3.0 45,000.00 Total US Government Issues $62,352,250.00 $66,480,000.00 -$4,127,750.00 96.6 $595,250.00 Total Taxable Bonds $62,352,250.00
$64,528,359.93
$66,480,000.00
$68,656,109.93
-$4,127,750.00
-$4,127,750.00
96.6 $595,250.00
$702,521.51Total Assets 100.0
Estimated Current Yield 1.08
ASSET DETAIL MESSAGES
Time of trade execution and trading party (if not disclosed) will be provided upon request.
Publicly traded assets are valued in accordance with market quotations or valuation methodologies from financial industry services believed by us to be reliable. Assets that are not publicly traded may be reflected at values from other external sources. Assets for which a current value is not available may be reflected at a previous value or as not valued, at par value, or at a nominal value. Values shown do not necessarily reflect prices at which assets could be bought or sold. Values are updated based on internal policy and may be updated less frequently than statement generation.
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 30
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ACCOUNT NUMBER: 001051010931 April 1, 2024 to April 30, 2024
TRANSACTION DETAIL
Date
Posted Activity
Income
Cash
Principal
CashDescription Tax Cost
Beginning Balance 04/01/2024 $1,602,928.96 -$1,602,928.96 $68,585,439.26 04/01/24
04/01/24
04/01/24
04/01/24
Asset Income
Asset Income
Asset Income
Asset Income
Interest Earned On
F H L B Deb 0.500% 9/30/24
0.0025 USD/$1 Pv On 5,000,000 Par Value Due 3/30/24
12,500.00
Interest Earned On
U S Treasury Nt 0.500% 3/31/25
0.0025 USD/$1 Pv On 5,000,000 Par Value Due 3/31/24
12,500.00
15,000.00
8,708.42
Interest Earned On
U S Treasury Nt 0.750% 3/31/26
0.00375 USD/$1 Pv On 4,000,000 Par Value Due 3/31/24
Interest Earned On
First Am Govt Ob Fd Cl Y
Interest From 3/1/24 To 3/31/24
04/25/24
04/30/24
Fee Trust Fees Collected
Charged For Period 03/01/2024 Thru 03/31/2024
-537.75
Asset Income Interest Earned On 22,500.00
U S Treasury Nt 1.500% 10/31/24
0.0075 USD/$1 Pv On 3,000,000 Par Value Due 4/30/24
Purchase
Sale
Combined Purchases For The Period 4/ 1/24 - 4/30/24 Of
First Am Govt Ob Fd Cl Y
-71,208.42
537.75
71,208.42
-537.75Combined Sales For The Period 4/ 1/24 - 4/30/24 Of First Am Govt Ob Fd Cl Y
Ending Balance 04/30/2024 $1,674,137.38 -$1,674,137.38 $68,656,109.93 Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 31
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ACCOUNT NUMBER: 001051010931 April 1, 2024 to April 30, 2024
BOND SUMMARY
Percentage of
CategoryPar Value Market Value
MATURITY
2024
2025
2026
11,000,000.00
31,000,000.00
24,000,000.00
10,753,890.00
29,620,120.00
21,978,240.00
17.25 47.51
35.24 Total of Category $66,000,000.00 $62,352,250.00 100.00
MOODY'S RATING
Aaa 66,000,000.00 62,352,250.00 100.00
Total of Category $66,000,000.00 $62,352,250.00 100.00
S&P RATING
AA+ 46,000,000.00 43,219,590.00 69.32
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 32
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ACCOUNT NUMBER: 001051010931 April 1, 2024 to April 30, 2024 BOND SUMMARY (continued)
Percentage of
CategoryPar Value Market Value
N/A 20,000,000.00 19,132,660.00 30.68
Total of Category $66,000,000.00 $62,352,250.00 100.00
BOND SUMMARY MESSAGES
Data contained within this section excluded Mutual Funds, Exchange Traded Funds, and Closed-Ended Funds.
Item Title: 10.3
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Item Page Number: 33
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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 - June 2024
Item Page Number: 34
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006891
-UC-122
U.S. Bank
1555 N. Rivercenter Dr.
Suite 300
Milwaukee, WI 53212
000003240 02 SP
CITY OF MENIFEE
000638706711850 S
ATTN: ROCHELLE CLAYTON
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 35
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September 4, 2024
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0509316-00-01888-04
QUESTIONS? ACCOUNT NUMBER: 001051010931
CITY OF MENIFEEIf you have any questions regarding your account or this statement, please contact your Administrator.
IBRAHIMA KANE
CN-OH-W5IT
CN-OH-W5IT
425 WALNUT STREET
CINCINNATI OH 45202
Phone 513-632-4038
E-mail [email protected] This statement is for the period from May 1, 2024 to May 31, 2024 Portfolio Manager:
TS CIN RC #6 - MANUAL
CN-OH-W6TC
000003235 02 SP
CITY OF MENIFEE
000638726675277 S
ATTN: ROCHELLE CLAYTON
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 36
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Treasurer's Report - June 2024
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TABLE OF CONTENTS
Schedule Page
Market Value Summary ........................................................................................
Asset Summary ....................................................................................................
Income Summary ..................................................................................................
Cash Summary .....................................................................................................
Asset Detail ...........................................................................................................
Transaction Detail ................................................................................................. 1 2
3 4
5 6
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 38
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Treasurer's Report - June 2024
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ACCOUNT NUMBER: 001051010931 May 1, 2024 to May 31, 2024
MARKET VALUE SUMMARY
Current Period Year-to-Date
05/01/24 to 05/31/24 01/01/24 to 05/31/24 Current Period 05/01/24 to 05/31/24 Beginning Market Value $64,528,359.93 $64,196,350.46
Taxable Interest 31,197.98 277,133.50
-2,146.05Fees and Expenses
Cash Disbursements
Change in Investment Value
Assets Delivered
-2,207,307.91
305,510.00
-2,207,307.91
393,730.00
-62,657,760.00 -62,657,760.00
Ending Market Value $0.00 $0.00
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 40
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ACCOUNT NUMBER: 001051010931 May 1, 2024 to May 31, 2024
ASSET SUMMARY
Current Period
Market Value
% of
Total
Estimated
Annual IncomeAssets
Cash & Equivalents 0.00 0.00 0.00
Total Market Value $0.00 100.00 $0.00
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 41
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ACCOUNT NUMBER: 001051010931 May 1, 2024 to May 31, 2024
INCOME SUMMARY
Income Received
Current Period
Income Received
YTD
Taxable Interest 31,197.98 277,133.50
Total Current Period Income $31,197.98 $277,133.50
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 42
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ACCOUNT NUMBER: 001051010931 May 1, 2024 to May 31, 2024
CASH SUMMARY
Principal
Cash
Income
Cash
Total
Cash
Beginning Cash 05/01/2024 -$1,674,137.38 $1,674,137.38 $0.00 Taxable Interest 31,197.98 31,197.98
-2,207,307.91
2,176,109.93
Cash Disbursements
Net Money Market Activity
-2,207,307.91
2,176,109.93
Ending Cash 05/31/2024 -$1,705,335.36 $1,705,335.36 $0.00 Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 43
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ACCOUNT NUMBER: 001051010931 May 1, 2024 to May 31, 2024
ASSET DETAIL
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Cash & Equivalents
Cash
Principal Cash
Income Cash
-1,705,335.36
1,705,335.36
-1,705,335.36
1,705,335.36
0.0 0.0
Total Cash $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
0.0 0.0
$0.00
$0.00Total Cash & Equivalents
Total Assets $0.00 $0.00 $0.00 0.0 $0.00
Estimated Current Yield 0.00
ASSET DETAIL MESSAGES
Time of trade execution and trading party (if not disclosed) will be provided upon request.
Publicly traded assets are valued in accordance with market quotations or valuation methodologies from financial industry services believed by us to be reliable. Assets that are not publicly traded may be reflected at values from other external sources. Assets for which a current value is not available may be reflected at a previous value or as not valued, at par value, or at a nominal value. Values shown do not necessarily reflect prices at which assets could be bought or sold. Values are updated based on internal policy and may be updated less frequently than statement generation.
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 44
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September 4, 2024
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ACCOUNT NUMBER: 001051010931 May 1, 2024 to May 31, 2024
TRANSACTION DETAIL
Date
Posted Activity
Income
Cash
Principal
CashDescription Tax Cost
Beginning Balance 05/01/2024 $1,674,137.38 -$1,674,137.38 $68,656,109.93 05/01/24
05/15/24
05/16/24
Asset Income
Asset Income
Free Deliver
Interest Earned On
First Am Govt Ob Fd Cl Y
Interest From 4/1/24 To 4/30/24
8,697.98
Interest Earned On
U S Treasury Nt 2.250% 11/15/25
0.01125 USD/$1 Pv On 2,000,000 Par Value Due 5/15/24
22,500.00
Distributed 5,000,000 Par Value Of
F H L B Deb 0.875% 6/16/26
Miscellaneous Expense
Valued At 4,601,350.00 USD
Market Value Of 4,601,350.00 USD
Internal Transfer To A/C Xxxxxx2020
-5,000,000.00
-3,000,000.00
-4,000,000.00
-5,000,000.00
-5,000,000.00
05/16/24
05/16/24
05/16/24
05/16/24
Free Deliver
Free Deliver
Free Deliver
Free Deliver
Distributed 3,000,000 Par Value Of
F H L B Deb 0.500% 12/16/24
Miscellaneous Expense
Valued At 2,918,430.00 USD
Market Value Of 2,918,430.00 USD
Internal Transfer To A/C Xxxxxx2020
Distributed 4,000,000 Par Value Of
F H L B Deb 0.700% 9/16/25
Miscellaneous Expense
Valued At 3,776,840.00 USD
Market Value Of 3,776,840.00 USD
Internal Transfer To A/C Xxxxxx2020
Distributed 5,000,000 Par Value Of
F H L B Deb 0.625% 3/24/25
Miscellaneous Expense
Valued At 4,811,150.00 USD
Market Value Of 4,811,150.00 USD
Internal Transfer To A/C Xxxxxx2020
Distributed 5,000,000 Par Value Of
F H L B Deb 1.000% 6/30/26
Miscellaneous Expense
Valued At 4,620,300.00 USD
Market Value Of 4,620,300.00 USD
Internal Transfer To A/C Xxxxxx2020
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 45
Menifee Mayor and City Council
September 4, 2024
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ACCOUNT NUMBER: 001051010931 May 1, 2024 to May 31, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity
Income
Cash
Principal
CashDescription Tax Cost
05/16/24
05/16/24
05/16/24
05/16/24
05/16/24
05/16/24
Free Deliver Distributed 5,000,000 Par Value Of
F H L B Deb 1.050% 6/30/26
Miscellaneous Expense
Valued At 4,620,350.00 USD
Market Value Of 4,620,350.00 USD
Internal Transfer To A/C Xxxxxx2020
-5,000,000.00
Free Deliver
Free Deliver
Free Deliver
Free Deliver
Free Deliver
Distributed 5,000,000 Par Value Of
F H L B Deb 0.750% 6/30/25
Miscellaneous Expense
Valued At 4,776,900.00 USD
Market Value Of 4,776,900.00 USD
Internal Transfer To A/C Xxxxxx2020
-5,000,000.00
-5,000,000.00
-4,000,000.00
-4,977,500.00
-3,175,312.50
Distributed 5,000,000 Par Value Of
F H L B Deb 0.500% 9/30/24
Miscellaneous Expense
Valued At 4,907,900.00 USD
Market Value Of 4,907,900.00 USD
Internal Transfer To A/C Xxxxxx2020
Distributed 4,000,000 Par Value Of
F F C B Deb 0.650% 6/09/25
Miscellaneous Expense
Valued At 3,820,920.00 USD
Market Value Of 3,820,920.00 USD
Internal Transfer To A/C Xxxxxx2020
Distributed 5,000,000 Par Value Of
F F C B Deb 0.800% 6/22/26
Miscellaneous Expense
Valued At 4,598,100.00 USD
Market Value Of 4,598,100.00 USD
Internal Transfer To A/C Xxxxxx2020
Distributed 3,000,000 Par Value Of
U S Treasury Nt 2.000% 8/15/25
Miscellaneous Expense
Valued At 2,892,540.00 USD
Market Value Of 2,892,540.00 USD
Internal Transfer To A/C Xxxxxx2020
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 46
Menifee Mayor and City Council
September 4, 2024
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ACCOUNT NUMBER: 001051010931 May 1, 2024 to May 31, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity
Income
Cash
Principal
CashDescription Tax Cost
05/16/24
05/16/24
05/16/24
05/16/24
05/16/24
05/16/24
Free Deliver Distributed 2,000,000 Par Value Of
U S Treasury Nt 2.250% 11/15/25
Miscellaneous Expense
Valued At 1,923,900.00 USD
Market Value Of 1,923,900.00 USD
Internal Transfer To A/C Xxxxxx2020
-2,140,625.00
Free Deliver
Free Deliver
Free Deliver
Free Deliver
Distributed 3,000,000 Par Value Of
U S Treasury Nt 1.500% 10/31/24
Miscellaneous Expense
Valued At 2,949,000.00 USD
Market Value Of 2,949,000.00 USD
Internal Transfer To A/C Xxxxxx2020
-3,111,562.50
-3,091,875.00
-4,984,375.00
-3,998,750.00
Distributed 3,000,000 Par Value Of
U S Treasury Nt 1.375% 1/31/25
Miscellaneous Expense
Valued At 2,920,260.00 USD
Market Value Of 2,920,260.00 USD
Internal Transfer To A/C Xxxxxx2020
Distributed 5,000,000 Par Value Of
U S Treasury Nt 0.500% 3/31/25
Miscellaneous Expense
Valued At 4,804,500.00 USD
Market Value Of 4,804,500.00 USD
Internal Transfer To A/C Xxxxxx2020
Distributed 4,000,000 Par Value Of
U S Treasury Nt 0.750% 3/31/26
Miscellaneous Expense
Valued At 3,715,320.00 USD
Market Value Of 3,715,320.00 USD
Internal Transfer To A/C Xxxxxx2020
Cash Disbursement
Purchase
Cash Disbursement
Paid To 6736302020
Transfer To Another Account
-2,207,307.91
-31,197.98Combined Purchases For The Period 5/ 1/24 - 5/31/24 Of First Am Govt Ob Fd Cl Y
31,197.98
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 47
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September 4, 2024
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ACCOUNT NUMBER: 001051010931 May 1, 2024 to May 31, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity
Income
Cash
Principal
CashDescription Tax Cost
Sale Combined Sales For The Period 5/ 1/24 - 5/31/24 Of First Am Govt Ob Fd Cl Y
2,207,307.91 -2,207,307.91
Ending Balance 05/31/2024 $1,705,335.36 -$1,705,335.36 $0.00 Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 48
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September 4, 2024
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Item Title: 10.3
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September 4, 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 - June 2024
Item Page Number: 50
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September 4, 2024
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006839
-UC-153
U.S. Bank
1555 N. Rivercenter Dr.
Suite 300
Milwaukee, WI 53212
000003235 02 SP
CITY OF MENIFEE
000638726675277 S
ATTN: ROCHELLE CLAYTON
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 51
Menifee Mayor and City Council
September 4, 2024
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9139
00- -M -UC-UU -181-04
0509316-00-01888-04
QUESTIONS? ACCOUNT NUMBER: 001051010931
CITY OF MENIFEEIf you have any questions regarding your account or this statement, please contact your Administrator.
IBRAHIMA KANE
CN-OH-W5IT
CN-OH-W5IT
425 WALNUT STREET
CINCINNATI OH 45202
Phone 513-632-4038
E-mail [email protected] This statement is for the period from June 1, 2024 to June 30, 2024 Portfolio Manager:
TS CIN RC #6 - MANUAL
CN-OH-W6TC
000003321 02 SP
CITY OF MENIFEE
000638746945699 S
ATTN: ROCHELLE CLAYTON
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 52
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September 4, 2024
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Treasurer's Report - June 2024
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TABLE OF CONTENTS
Schedule Page
Market Value Summary ........................................................................................
Asset Summary ....................................................................................................
Income Summary ..................................................................................................
Cash Summary .....................................................................................................
Asset Detail ...........................................................................................................
Transaction Detail ................................................................................................. 1 2
3 4
5 6
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 54
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September 4, 2024
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ACCOUNT NUMBER: 001051010931 June 1, 2024 to June 30, 2024
MARKET VALUE SUMMARY
Current Period Year-to-Date
06/01/24 to 06/30/24 01/01/24 to 06/30/24
Beginning Market Value $0.00 $64,196,350.46
Taxable Interest 4,411.92 281,545.42
-2,146.05Fees and Expenses
Cash Disbursements
Change in Investment Value
Assets Delivered
-4,411.92 -2,211,719.83
393,730.00
-62,657,760.00
Ending Market Value $0.00 $0.00
MARKET VALUE SUMMARY MESSAGES
ACCOUNT CLOSED ON 06/10/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 56
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September 4, 2024
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ACCOUNT NUMBER: 001051010931 June 1, 2024 to June 30, 2024
ASSET SUMMARY
Current Period
Market Value
% of
Total
Estimated
Annual IncomeAssets
Cash & Equivalents 0.00 0.00 0.00
ASSET SUMMARY MESSAGES
No reportable securities for this statement period
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 57
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September 4, 2024
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ACCOUNT NUMBER: 001051010931 June 1, 2024 to June 30, 2024
INCOME SUMMARY
Income Received
Current Period
Income Received
YTD
Taxable Interest 4,411.92 281,545.42
Total Current Period Income $4,411.92 $281,545.42
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 58
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September 4, 2024
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ACCOUNT NUMBER: 001051010931 June 1, 2024 to June 30, 2024
CASH SUMMARY
Principal
Cash
Income
Cash
Total
Cash
Beginning Cash 06/01/2024 -$1,705,335.36 $1,705,335.36 $0.00 Taxable Interest
Cash Disbursements
Transfers
4,411.92 4,411.92
-4,411.92
0.00 -4,411.92
1,709,747.28 -1,709,747.28
Ending Cash 06/30/2024 $0.00 $0.00 $0.00
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 59
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September 4, 2024
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ACCOUNT NUMBER: 001051010931 June 1, 2024 to June 30, 2024
ASSET DETAIL MESSAGES
No reportable securities for this statement period
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 60
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September 4, 2024
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ACCOUNT NUMBER: 001051010931 June 1, 2024 to June 30, 2024
TRANSACTION DETAIL
Date
Posted Activity
Income
Cash
Principal
CashDescription Tax Cost
$0.00Beginning Balance 06/01/2024 $1,705,335.36 -$1,705,335.36 06/03/24
06/04/24
06/10/24
06/10/24
Asset Income Interest Earned On
First Am Govt Ob Fd Cl Y
Interest From 5/1/24 To 5/31/24
4,411.92
Cash Disbursement
Cash Disbursement
Cash Receipt
Cash Disbursement
Paid To 6736302020
Transfer To Another Account
-4,411.92
Cash Disbursement
Paid To 001051010931
Transfer To Principal
-1,709,747.28
Cash Receipt 1,709,747.28
Transfer From Income
Ending Balance 06/30/2024 $0.00 $0.00 $0.00
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 61
Menifee Mayor and City Council
September 4, 2024
Page
94 of 489
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 - June 2024
Item Page Number: 62
Menifee Mayor and City Council
September 4, 2024
Page
95 of 489
009139
-UC-181
U.S. Bank
1555 N. Rivercenter Dr.
Suite 300
Milwaukee, WI 53212
000003321 02 SP
CITY OF MENIFEE
000638746945699 S
ATTN: ROCHELLE CLAYTON
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 63
Menifee Mayor and City Council
September 4, 2024
Page
96 of 489
20018
00- -M -UC-UU -122-04
0220052-00-04007-04
QUESTIONS? ACCOUNT NUMBER: 6736302020
CITY OF MENIFEEIf you have any questions regarding your account or this statement, please contact your Administrator.
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 April 1, 2024 to April 30, 2024 000016367 07 SP
CITY OF MENIFEE
000638706724977 S
FINANCE DEPARTMENT
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 64
Menifee Mayor and City Council
September 4, 2024
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Treasurer's Report - June 2024
Item Page Number: 65
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September 4, 2024
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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 26
52 57
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 66
Menifee Mayor and City Council
September 4, 2024
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Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 67
Menifee Mayor and City Council
September 4, 2024
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CITY OF MENIFEE Page 1 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024
MARKET VALUE SUMMARY
Current Period
04/01/24 to 04/30/24
Beginning Market Value $10,987,225.96
Taxable Interest -328,406.24
50,000,000.00
412.22
Cash Receipts
Long Term Gains/Losses
Change in Investment Value -164,285.64
Ending Market Value $60,494,946.30
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 68
Menifee Mayor and City Council
September 4, 2024
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0220052-00-04007-04
CITY OF MENIFEE Page 2 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024
ASSET SUMMARY
Current Period
Market Value
% of
Total
Estimated
Annual IncomeAssets
Cash & Equivalents
Taxable Bonds
6,414,479.24
54,080,467.06
10.60 89.40
337,264.46
2,198,272.75
Total Market Value $60,494,946.30 100.00 $2,535,537.21
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 69
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September 4, 2024
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CITY OF MENIFEE Page 3 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024
INCOME SUMMARY
Income Received
Current Period
Taxable Interest -328,406.24
Total Current Period Income -$328,406.24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 70
Menifee Mayor and City Council
September 4, 2024
Page
103 of 489
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CITY OF MENIFEE Page 4 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024
CASH SUMMARY
Cash
$0.00Beginning Cash 04/01/2024
Taxable Interest
Cash Receipts
Purchases
-328,406.24
50,000,000.00
-49,337,323.33
21,179.85Sales
Net Money Market Activity -355,450.28
Ending Cash 04/30/2024 $0.00
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 71
Menifee Mayor and City Council
September 4, 2024
Page
104 of 489
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024
ASSET DETAIL
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Cash & Equivalents
Cash/Money Market
Federated Hermes Govt Obligs Is - 60934N104
#5
421,499.240 1.0000 421,499.24 421,499.24 0.00 0.7 21,814.46 5.17
5.26 U S Treasury Bill - 912797HQ3
05/09/2024
6,000,000.000 99.8830 5,992,980.00 5,992,104.75 875.25 9.9 315,450.00 Total Cash/Money Market $6,414,479.24 $6,413,603.99 $875.25 10.6 $337,264.46 Total Cash & Equivalents $6,414,479.24 $6,413,603.99 $875.25 10.6 $337,264.46 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
34,309.230 98.8350
97.1000
94.3800
93.5950
33,909.53
77,680.00
75,504.00
70,196.25
36,906.54
79,938.40
79,736.00
74,777.85
-2,997.01
-2,258.40
-4,232.00
-4,581.60
0.1 0.1
0.1 0.1
1,087.95
1,200.00
300.00
3.21 1.54
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
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 72
Menifee Mayor and City Council
September 4, 2024
Page
105 of 489
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CITY OF MENIFEE Page 6 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
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 87.9100
99.1150
98.3620
97.8410
97.7450
97.4300
96.4650
95.9050
118,678.50
14,354.25
14,754.30
34,223.50
58,647.00
24,357.50
120,581.25
67,133.50
116,263.48
15,247.28
15,140.63
35,951.54
63,807.81
26,792.97
121,166.99
67,000.39
2,415.02
-893.03
0.2 0.0
0.0 0.1
0.1 0.0
0.2 0.1
2,741.85
469.38
2.31 3.27
2.71 3.40
3.36 3.42
3.10 2.86
F H L M C Multiclass Mtg Partn - 3137BEVH4
C M O Ser K040 Cl A2
3.241 09/25/2024
14,482.420
F H L M C Multiclass Mtg Partn - 3137BFXT3
C M O Ser K042 Cl A2
2.670 12/25/2024
15,000.000 -386.33 400.50
F H L M C Multiclass Mtg Partn - 3137BKRJ1
C M O Ser K047 Cl A2
3.329 05/25/2025
34,978.690 -1,728.04
-5,160.81
-2,435.47
-585.74
1,164.44
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
F H L M C Multiclass Mtg Partn - 3137BNGT5
C M O Ser K054 Cl A2
2.745 01/25/2026
70,000.000 133.11
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 73
Menifee Mayor and City Council
September 4, 2024
Page
106 of 489
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CITY OF MENIFEE Page 7 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
F H L M C Multiclass Mtg Partn - 3137BQYS0
C M O Ser K056 Cl A2
2.525 05/25/2026
120,000.000 94.8540
94.2950
95.4640
95.4840
94.0950
94.0130
99.1870
93.7990
113,824.80
117,868.75
66,824.80
66,838.80
94,095.00
28,203.90
16,713.66
117,248.75
116,042.97
118,955.08
67,716.80
67,711.33
95,941.41
28,566.80
17,145.57
117,695.31
-2,218.17
-1,086.33
-892.00
-872.53
-1,846.41
-362.90
-431.91
-446.56
0.2 0.2
0.1 0.1
0.2 0.0
0.0 0.2
3,030.00
3,316.25
2,389.10
2,401.00
3,187.00
990.90
2.66 2.81
3.57 3.59
3.39 3.51
3.09 2.69
F H L M C Multiclass Mtg Partn - 3137BSP72
C M O Ser K058 Cl A2
2.653 08/25/2026
125,000.000
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
F H L M C Multiclass Mtg Partn - 3137FBTA4
C M O Ser K728 Cl A2
08/25/2024 Var
16,850.660 516.30
F H L M C Multiclass Mtg Partn - 3137FQXJ7
C M O Ser K737 Cl A2
2.525 10/25/2026
125,000.000 3,156.25
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 74
Menifee Mayor and City Council
September 4, 2024
Page
107 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 8 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
F N M A - 3135G05X7
0.375 08/25/2025
75,000.000 93.9340
94.8680
93.2670
97.5350
98.3330
95.6520
97.2750
97.8430
96.6180
98.0270
70,450.50
66,407.60
60,623.55
63,397.75
68,833.10
62,173.80
214,005.00
205,470.30
144,927.00
73,520.25
74,807.25
69,954.40
64,767.30
66,319.45
69,880.30
64,866.10
209,231.00
209,202.00
150,753.00
74,100.00
-4,356.75
-3,546.80
-4,143.75
-2,921.70
-1,047.20
-2,692.30
4,774.00
-3,731.70
-5,826.00
-579.75
0.1 0.1
0.1 0.1
0.1 0.1
0.4 0.3
0.2 0.1
281.25
350.00
0.40 0.53
0.54 1.67
1.65 0.65
1.80 3.96
4.01 4.34
F N M A - 3135G04Z3
0.500 06/17/2025
70,000.000
F N M A - 3135G06G3
0.500 11/07/2025
65,000.000 325.00
F N M A - 3135G0X24
1.625 01/07/2025
65,000.000 1,056.25
1,137.50
406.25
F N M A - 3135G0W66
1.625 10/15/2024
70,000.000
F N M A Deb - 3135G03U5
0.625 04/22/2025
65,000.000
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
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
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 75
Menifee Mayor and City Council
September 4, 2024
Page
108 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 9 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Federal Farm Credit Bks - 3133EPN50
4.250 12/15/2028
270,000.000 97.9620
98.3210
98.8590
98.9600
97.5980
97.8360
98.3160
98.9130
99.1960
99.6140
264,497.40
688,247.00
692,013.00
94,012.00
34,159.30
195,672.00
221,211.00
692,391.00
188,472.40
209,189.40
272,999.70
689,017.00
695,310.00
93,915.10
37,003.05
204,274.00
223,860.00
693,525.00
196,165.50
210,808.50
-8,502.30
-770.00
0.4 1.1
1.1 0.2
0.1 0.3
0.4 1.1
0.3 0.3
11,475.00
30,625.00
31,500.00
4,275.00
831.25
4.34 4.45
4.55 4.55
2.43 4.34
4.45 4.55
4.54 4.64
Federal Farm Credit Bks - 3133ERAK7
4.375 04/10/2029
700,000.000
Federal Farm Credit Bks - 3133EPCS2
4.500 03/09/2029
700,000.000 -3,297.00
96.90 Federal Farm Credit Bks - 3133EPWK7
4.500 09/22/2028
95,000.000
Federal Home Loan Bks - 3130A4CH3
2.375 03/14/2025
35,000.000 -2,843.75
-8,602.00
-2,649.00
-1,134.00
-7,693.10
-1,619.10
Federal Home Loan Bks - 3130ATUS4
4.250 12/10/2027
200,000.000 8,500.00
9,843.75
31,500.00
8,550.00
9,712.50
Federal Home Loan Bks - 3130AWTR1
4.375 09/08/2028
225,000.000
Federal Home Loan Bks - 3130AVBD3
4.500 03/09/2029
700,000.000
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
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 76
Menifee Mayor and City Council
September 4, 2024
Page
109 of 489
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CITY OF MENIFEE Page 10 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
U S Treasury Bond - 912810FG8
5.250 02/15/2029
800,000.000 102.1800
94.7540
93.3360
92.9920
92.8280
90.8160
92.2810
93.0550
93.1680
95.5200
817,440.00
786,458.20
65,335.20
69,744.00
64,979.60
108,979.20
184,562.00
809,578.50
745,344.00
764,160.00
821,031.25
791,964.07
68,476.95
73,986.33
68,744.92
118,806.25
184,765.63
812,147.27
748,375.00
765,630.86
-3,591.25
-5,505.87
-3,141.75
-4,242.33
-3,765.32
-9,827.05
-203.63
1.4 1.3
0.1 0.1
0.1 0.2
0.3 1.3
1.2 1.3
42,000.00
25,937.50
175.00
5.14 3.30
0.27 0.27
0.40 0.96
1.76 2.15
2.41 2.62
U S Treasury Note - 91282CFH9
08/31/2027
830,000.000
U S Treasury Note - 91282CAM3
0.250 09/30/2025
70,000.000
U S Treasury Note - 91282CAT8
0.250 10/31/2025
75,000.000 187.50
U S Treasury Note - 91282CAZ4
0.375 11/30/2025
70,000.000 262.50
U S Treasury Note - 91282CCZ2
0.875 09/30/2026
120,000.000 1,050.00
3,250.00
17,400.00
18,000.00
20,000.00
U S Treasury Note - 912828YQ7
1.625 10/31/2026
200,000.000
U S Treasury Note - 912828U24
2.000 11/15/2026
870,000.000 -2,568.77
-3,031.00
-1,470.86
U S Treasury Note - 912828V98
2.250 02/15/2027
800,000.000
U S Treasury Note - 9128286F2
2.500 02/28/2026
800,000.000
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 77
Menifee Mayor and City Council
September 4, 2024
Page
110 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 11 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
U S Treasury Note - 9128286A3
2.625 01/31/2026
800,000.000 95.8750
97.2380
93.7340
97.5200
93.3980
95.3480
95.3320
97.3010
95.7380
95.8670
767,000.00
777,904.00
763,932.10
780,160.00
140,097.00
777,086.20
776,955.80
778,408.00
780,264.70
853,216.30
767,375.00
778,218.75
765,901.95
780,218.75
143,970.70
786,333.79
784,646.88
780,187.50
787,623.25
858,566.41
-375.00
-314.75
1.3 1.3
1.3 1.3
0.2 1.3
1.3 1.3
1.3 1.4
21,000.00
22,000.00
22,412.50
23,000.00
4,687.50
2.74 2.83
2.93 2.95
3.35 3.41
3.67 3.73
3.79 3.91
U S Treasury Note - 912828XZ8
2.750 06/30/2025
800,000.000
U S Treasury Note - 91282CFB2
2.750 07/31/2027
815,000.000 -1,969.85
-58.75
U S Treasury Note - 9128284R8
2.875 05/31/2025
800,000.000
U S Treasury Note - 9128285M8
3.125 11/15/2028
150,000.000 -3,873.70
-9,247.59
-7,691.08
-1,779.50
-7,358.55
-5,350.11
U S Treasury Note - 91282CEW7
3.250 06/30/2027
815,000.000 26,487.50
28,525.00
29,000.00
29,543.75
33,375.00
U S Treasury Note - 91282CHA2
3.500 04/30/2028
815,000.000
U S Treasury Note - 91282CHB0
3.625 05/15/2026
800,000.000
U S Treasury Note - 91282CHE4
3.625 05/31/2028
815,000.000
U S Treasury Note - 91282CJR3
3.750 12/31/2028
890,000.000
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 78
Menifee Mayor and City Council
September 4, 2024
Page
111 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 12 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
U S Treasury Note - 91282CGC9
3.875 12/31/2027
850,000.000 96.8360
97.6990
96.8950
98.2340
97.3910
98.2150
97.5270
97.7770
97.7070
98.5900
823,106.00
781,592.00
799,383.75
805,518.80
779,128.00
785,720.00
770,463.30
782,216.00
830,509.50
788,720.00
824,931.64
782,968.75
802,336.91
810,386.72
780,781.25
786,781.25
773,639.07
790,265.63
838,468.75
789,312.50
-1,825.64
-1,376.75
-2,953.16
-4,867.92
-1,653.25
-1,061.25
-3,175.77
-8,049.63
-7,959.25
-592.50
1.4 1.3
1.3 1.3
1.3 1.3
1.3 1.3
1.4 1.3
32,937.50
32,000.00
33,000.00
32,800.00
33,000.00
33,000.00
32,587.50
33,000.00
35,062.50
34,000.00
4.00 4.09
4.13 4.07
4.24 4.20
4.23 4.22
4.22 4.31
U S Treasury Note - 91282CJT9
4.000 01/15/2027
800,000.000
U S Treasury Note - 91282CJW2
4.000 01/31/2029
825,000.000
U S Treasury Note - 91282CGA3
4.000 12/15/2025
820,000.000
U S Treasury Note - 91282CKG5
4.125 03/31/2029
800,000.000
U S Treasury Note - 91282CHH7
4.125 06/15/2026
800,000.000
U S Treasury Note - 91282CHQ7
4.125 07/31/2028
790,000.000
U S Treasury Note - 91282CFM8
4.125 09/30/2027
800,000.000
U S Treasury Note - 91282CFU0
4.125 10/31/2027
850,000.000
U S Treasury Note - 91282CJV4
4.250 01/31/2026
800,000.000
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 79
Menifee Mayor and City Council
September 4, 2024
Page
112 of 489
20018
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0220052-00-04007-04
CITY OF MENIFEE Page 13 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
U S Treasury Note - 91282CKD2
4.250 02/28/2029
850,000.000 97.9610
98.7230
98.5980
98.6720
98.4690
98.4840
98.6520
98.9960
98.9840
98.9490
832,668.50
839,145.50
838,083.00
789,376.00
787,752.00
837,114.00
789,216.00
841,466.00
791,872.00
841,066.50
838,150.40
839,707.03
838,876.95
791,375.00
791,476.57
839,308.59
790,250.00
842,828.13
793,125.00
842,164.06
-5,481.90
-561.53
1.4 1.4
1.4 1.3
1.3 1.4
1.3 1.4
1.3 1.4
36,125.00
36,125.00
36,125.00
35,000.00
35,000.00
37,187.50
35,000.00
38,250.00
36,000.00
38,250.00
4.34 4.30
4.31 4.43
4.44 4.44
4.43 4.55
4.55 4.55
U S Treasury Note - 91282CFP1
4.250 10/15/2025
850,000.000
U S Treasury Note - 91282CJS1
4.250 12/31/2025
850,000.000 -793.95
U S Treasury Note - 91282CHU8
4.375 08/15/2026
800,000.000 -1,999.00
-3,724.57
-2,194.59
-1,034.00
-1,362.13
-1,253.00
-1,097.56
U S Treasury Note - 91282CHX2
4.375 08/31/2028
800,000.000
U S Treasury Note - 91282CJN2
4.375 11/30/2028
850,000.000
U S Treasury Note - 91282CJP7
4.375 12/15/2026
800,000.000
U S Treasury Note - 91282CKH3
4.500 03/31/2026
850,000.000
U S Treasury Note - 91282CKJ9
4.500 04/15/2027
800,000.000
U S Treasury Note - 91282CHM6
4.500 07/15/2026
850,000.000
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 80
Menifee Mayor and City Council
September 4, 2024
Page
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
U S Treasury Note - 91282CKB6
4.625 02/28/2026
800,000.000 99.2270
99.6170
99.4650
99.6990
793,816.00
796,936.00
795,720.00
794,500.00
798,812.50
796,187.50
-684.00
-1,876.50
-467.50
1.3 1.3
1.3 37,000.00
37,000.00
38,000.00
4.66 4.64
4.78 4.89
U S Treasury Note - 91282CKP5
4.625 04/30/2029
800,000.000
U S Treasury Note - 91282CHN4
4.750 07/31/2025
800,000.000
U S Treasury Note - 91282CKK6
4.875 04/30/2026
800,000.000 797,592.00 799,125.00 -1,533.00 1.3 39,000.00 Total US Government Issues $36,571,097.04 $36,795,994.51 -$224,897.47 60.5 $1,420,201.32 Corporate Issues
Ace Ina Holding - 00440EAS6
3.150 03/15/2025
50,000.000 97.9280
91.9910
48,964.00
55,194.60
51,448.00
59,740.80
-2,484.00
-4,546.20
0.1 0.1
1,575.00
600.00
3.22 1.09
Amazon Com Inc - 023135BX3
1.000 05/12/2026
60,000.000
American Honda Fin Corp - 02665WED9
Medium Term Note
4.700 01/12/2028
130,000.000 98.1700
99.0090
127,621.00
594,054.00
131,033.50
595,380.00
-3,412.50
-1,326.00
0.2 1.0
6,110.00 4.79
4.95 American Honda Finance - 02665WFD8
Medium Term Note
4.900 03/12/2027
600,000.000 29,400.00
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 81
Menifee Mayor and City Council
September 4, 2024
Page
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CITY OF MENIFEE Page 15 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Apple Inc - 037833DN7
2.050 09/11/2026
25,000.000 93.1290
96.6270
23,282.25
96,627.00
25,621.00
96,949.00
-2,338.75
-322.00
0.0 0.2
512.50 2.20
3.36 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 95.0300
98.9400
98.9660
95.9500
95.4490
38,012.00
29,682.00
692,762.00
359,812.50
71,586.75
40,105.60
30,000.00
694,316.00
360,118.45
71,563.50
-2,093.60
-318.00
-1,554.00
-305.95
23.25 0.1
0.0 1.1
0.6 0.1
527.60
1,524.00
34,629.00
13,346.25
2,868.00
1.39 5.13
5.00 3.71
4.01 Bank America Corp - 06051GLE7
Medium Term Note
5.080 01/20/2027
30,000.000
Bank New York Mellon Corp - 06406RBQ9
Medium Term Note
4.947 04/26/2027
700,000.000
Bank Of America Corp - 06051GHT9
Medium Term Note
3.559 04/23/2027
375,000.000
Bank Of America Corp - 06051GGF0
Medium Term Note
3.824 01/20/2028
75,000.000
Bank Of America Corp - 06051GHG7
Medium Term Note
3.970 03/05/2029
350,000.000 94.1420
93.0490
329,497.00
41,872.05
329,157.50
44,991.45
339.50 0.5
0.1 13,895.00
1,035.00
4.22 2.47
Berkshire Hathaway Fin - 084664CZ2
2.300 03/15/2027
45,000.000 -3,119.40
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 82
Menifee Mayor and City Council
September 4, 2024
Page
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CITY OF MENIFEE Page 16 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Bmw Veh Owner Tr - 05602RAD3
A B S Ser 2022 A Cl A 3
08/25/2026 Var
11,039.890 98.5400
99.7540
98.2560
99.3060
10,878.71
109,729.40
44,215.20
79,444.80
11,039.32
110,198.98
45,481.50
79,988.80
-160.61
-469.58
0.0 0.2
0.1 0.1
354.38
5,676.00
967.50
3.26 5.17
2.19 4.83
Bmw Vehicle Lease - 05593AAC3
A B S Ser 2023 1 Cl A 3
5.160 11/25/2025
110,000.000
Caterpillar Finl Service - 14913Q3B3
Medium Term Note
2.150 11/08/2024
45,000.000 -1,266.30
-544.00
Caterpillar Finl Svcs - 14913R3B1
Medium Term Note
4.800 01/06/2026
80,000.000 3,840.00
Caterpillar Finl Svcs - 14913UAJ9
Medium Term Note
4.850 02/27/2029
600,000.000 98.6340
92.1120
92.6140
99.1570
94.4250
591,804.00
23,028.00
78,721.90
694,099.00
18,885.00
592,158.00
24,991.70
80,783.15
694,694.00
19,535.80
-354.00
-1,963.70
-2,061.25
-595.00
1.0 0.0
0.1 1.1
0.0 29,100.00
612.50
4.92 2.66
3.45 4.84
3.18 Charles Schwab Corp - 808513BY0
2.450 03/03/2027
25,000.000
85,000.000
Charles Schwab Corp - 808513AU9
3.200 01/25/2028
2,720.00
33,600.00
600.00
Cisco Sys Inc - 17275RBQ4
4.800 02/26/2027
700,000.000
Costco Wholesale Corp - 22160KAM7
3.000 05/18/2027
20,000.000 -650.80
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 83
Menifee Mayor and City Council
September 4, 2024
Page
116 of 489
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CITY OF MENIFEE Page 17 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Deere John Capital Corp - 24422EWJ4
Medium Term Note
4.050 09/08/2025
70,000.000 98.2970
94.4060
98.8050
68,807.90
33,042.10
691,635.00
69,267.10
36,755.95
693,700.00
-459.20
-3,713.85
-2,065.00
0.1 0.1
1.1 2,835.00
1,032.50
31,500.00
4.12 3.13
4.55 Duke Energy Carolinas - 26442CAS3
2.950 12/01/2026
35,000.000
Federal Farm Cr Bks 4.5000% - 3133EP6K6
3/26/2027
700,000.000
Gm Fin Auto Lsng Tr - 36265MAC9
A B S Ser 2022 1 Cl A 3
1.900 03/20/2025
98.760 99.8090
97.6940
98.57 98.76 -0.19 0.0
0.0 1.88 1.91
1.29 Gm Fin Cons Auto Rec - 380146AC4
A B S Ser 2022 1 Cl A3
1.260 11/16/2026
6,348.740 6,202.34 6,348.18 -145.84 79.99
Gm Fin Cons Auto Rec Tr - 362554AC1
A B S Ser 2021 4 Cl A 3
0.680 09/16/2026
5,381.840 97.2380
98.9610
5,233.19 5,381.69 -148.50
-517.50
0.0 1.2
36.60 0.70
4.95 Home Depot Inc - 437076CW0
4.900 04/15/2029
750,000.000 742,207.50 742,725.00 36,750.00
Honda Auto Rec Ownr Tr - 43815BAC4
A B S Ser 2022 1 Cl A 3
1.880 05/15/2026
69,702.770 97.7710
97.6270
68,149.10
4,826.57
67,048.01
4,942.84
1,101.09
-116.27
0.1 0.0
1,310.41
43.51 1.92
0.90 Honda Auto Rec Ownr Tr 2021 4 - 43815GAC3
A B S Ser 2021 4 Cl A3
01/21/2026 Var
4,943.890
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 84
Menifee Mayor and City Council
September 4, 2024
Page
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CITY OF MENIFEE Page 18 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Honda Auto Receivables - 43813GAC5
A B S Ser 2021 1 Cl A3
0.270 04/21/2025
658.570 99.6930
93.8130
656.55 658.55 -2.00 0.0
0.2 1.78 0.27
2.66 Honeywell International - 438516BL9
2.500 11/01/2026
140,000.000 131,338.20 131,150.60 187.60 3,500.00
Hyundai Auto Rec Tr - 44935FAD6
A B S Ser 2021 C Cl A3
0.740 05/15/2026
9,560.600 97.9690
97.9460
97.2670
97.8060
99.4150
98.0180
9,366.42
18,174.75
680,869.00
5,882.03
9,423.58
18,555.18
680,841.00
6,013.44
-57.16
-380.43
28.00 0.0
0.0 1.1
0.0 0.0
0.0 70.75
411.94
0.75 2.27
4.63 0.53
5.12 2.37
Hyundai Auto Rec Tr - 448977AD0
A B S Ser 2022 A Cl A3
10/15/2026 Var
18,555.890
John Deere Capital Corporation - 24422EXH7
Medium Term Note
4.500 01/16/2029
700,000.000 31,500.00
31.27 John Deere Own - 47789QAC4
A B S Ser 2021 B Cl A 3
03/16/2026 Var
6,013.980
25,000.000
6,489.330
-131.41
-144.31
-127.19
John Deere Owner - 47800BAC2
A B S Ser 2022 C Cl A 3
5.090 06/15/2027
24,853.75
6,360.71
24,998.06
6,487.90
1,272.50
150.55
John Deere Owner Tr - 47787JAC2
A B S Ser 2022 Cl A 3
09/15/2026 Var
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 85
Menifee Mayor and City Council
September 4, 2024
Page
118 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 19 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
John Deere Owner Trust - 47800CAC0
A B S Ser 2023 A Cl A3
5.010 11/15/2027
20,000.000 99.2750 19,855.00 19,996.36 -141.36 0.0 1,002.00 5.05 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
400,000.000
400,000.000
35,000.000
98.4790
95.4060
99.5550
99.2470
96.4120
93.1790
97.0790
97.2110
14,771.85
66,784.20
39,822.00
19,849.40
11,569.44
372,716.00
388,316.00
34,023.85
14,998.57
67,053.70
40,048.60
20,015.45
12,447.96
372,564.00
388,284.00
36,067.15
-226.72
-269.50
-226.60
-166.05
-878.52
152.00
0.0 0.1
0.1 0.0
0.0 0.6
0.6 0.1
561.00
2,647.40
329.60
3.80 3.96
0.83 0.98
2.16 3.77
4.08 2.06
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
Jpmorgan Chase Co - 46647PBK1
2.083 04/22/2026
249.96
Jpmorgan Chase Co - 46647PAM8
3.509 01/23/2029
14,036.00
15,840.00
700.00
Jpmorgan Chase Co - 46647PBA3
3.960 01/29/2027
32.00 Mastercard Inc - 57636QAN4
2.000 03/03/2025
-2,043.30
Mercedes Benz Auto - 58770AAC7
A B S Ser 2023 1 Cl A3
4.510 11/15/2027
35,000.000 98.8300 34,590.50 34,995.80 -405.30 0.1 1,578.50 4.56 Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 86
Menifee Mayor and City Council
September 4, 2024
Page
119 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 20 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Merck Co Inc - 58933YBH7
4.050 05/17/2028
130,000.000 96.5670
97.0110
125,537.10
121,263.75
130,394.70
120,882.50
-4,857.60
381.25
0.2 0.2
5,265.00
3,906.25
4.19 3.22
Microsoft Corp - 594918BJ2
3.125 11/03/2025
125,000.000
Morgan Stanley - 61747YEZ4
Medium Term Note
5.050 01/28/2027
750,000.000 99.0060
96.4480
97.5750
742,545.00
33,756.80
9,757.50
744,262.05
33,013.20
9,997.30
-1,717.05
743.60
1.2 0.1
0.0 37,875.00
765.80
5.10 2.27
3.54 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 -239.80 345.00
National Rural Utils Corp Fin - 63743HFH0
Medium Term Note
4.450 03/13/2026
70,000.000 98.3440
96.5520
68,840.80
14,482.80
69,950.30
14,975.70
-1,109.50
-492.90
0.1 0.0
3,115.00
600.00
4.52 4.14
Northern Tr Corp Sr Nt - 665859AW4
4.000 05/10/2027
15,000.000
Paccar Financial Corp - 69371RR73
Medium Term Note
2.850 04/07/2025
35,000.000 97.6350
98.0820
34,172.25
98,082.00
34,990.90
99,515.00
-818.65 0.1
0.2 997.50 2.92
4.69 Paccar Financial Corp - 69371RS31
Medium Term Note
4.600 01/10/2028
100,000.000 -1,433.00 4,600.00
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 87
Menifee Mayor and City Council
September 4, 2024
Page
120 of 489
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CITY OF MENIFEE Page 21 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Paccar Financial Corp - 69371RS80
Medium Term Note
4.600 01/31/2029
600,000.000 97.5710
97.4480
98.5250
98.4190
585,426.00
126,682.40
133,008.75
787,352.00
585,228.00
124,989.80
134,947.35
786,936.00
198.00
1,692.60
-1,938.60
416.00
1.0 0.2
0.2 1.3
27,600.00
3,575.00
6,423.30
39,000.00
4.71 2.82
4.83 4.95
Pepsico Inc - 713448CT3
2.750 04/30/2025
130,000.000
Pnc Financial Services - 693475BL8
4.758 01/26/2027
135,000.000
Prologis L P - 74340XCG4
4.875 06/15/2028
800,000.000
Public Service Electric - 74456QBX3
Medium Term Note
3.650 09/01/2028
800,000.000 93.9690
98.3710
95.5430
96.7600
99.0170
93.4840
751,752.00
19,674.20
95,543.00
628,940.00
39,606.80
747,872.00
752,432.00
19,714.00
97,097.00
630,175.00
39,628.55
749,536.00
-680.00
-39.80
1.2 0.0
0.2 1.0
0.1 1.2
29,200.00
775.00
3.88 3.94
4.13 4.91
0.63 4.01
Reality Income Corp - 756109AV6
3.875 04/15/2025
20,000.000
Realty Income Corp - 756109BG8
3.950 08/15/2027
100,000.000 -1,554.00
-1,235.00
-21.75
3,950.00
30,875.00
250.00
Realty Income Corp Sr - 756109CF9
4.750 02/15/2029
650,000.000
Salesforce Com Inc - 79466LAG9
0.625 07/15/2024
40,000.000
Simon Property Group LP - 828807DE4
3.375 12/01/2027
800,000.000 -1,664.00 30,000.00
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 88
Menifee Mayor and City Council
September 4, 2024
Page
121 of 489
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CITY OF MENIFEE Page 22 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
State Str Corp Sr Nt - 857477CL5
4.993 03/18/2027
125,000.000 99.0970
92.2880
123,871.25
18,457.60
125,000.00
19,966.00
-1,128.75
-1,508.40
0.2 0.0
6,241.25
390.00
5.04 2.11
Target Corp - 87612EBM7
1.950 01/15/2027
20,000.000
Toronto Dominion Bank - 89115A2C5
Medium Term Note
4.108 06/08/2027
40,000.000 96.1320
97.6940
98.2820
99.7050
91.5230
97.1890
98.1650
38,452.80
37,363.37
24,570.50
1,350.32
39,866.00
36,017.83
24,583.98
1,354.07
-1,413.20
1,345.54
-13.48
0.1 0.1
0.0 0.0
0.1 0.0
0.1 1,643.20
271.54
940.00
3.52 4.27
0.73 3.83
0.26 1.23
1.49 4.71
Toyota Auto Rec Own Tr - 89238JAC9
A B S Ser 2021 D Cl A 3
04/15/2026 Var
38,245.310
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
0.260 05/15/2025
1,354.320
40,000.000
30,000.000
80,000.000
-3.75
Toyota Mtr Cr Corp - 89236TJK2
Medium Term Note
1.125 06/18/2026
36,609.20
29,156.70
78,532.00
39,982.40
29,959.80
79,947.20
-3,373.20
-803.10
-1,415.20
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 - June 2024
Item Page Number: 89
Menifee Mayor and City Council
September 4, 2024
Page
122 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 23 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Toyota Mtr Cr Corp - 89236TLB9
Medium Term Note
5.250 09/11/2028
600,000.000 100.0550 600,330.00 599,664.00 666.00 1.0 31,500.00 5.25 Truist Finl Corp - 89788MAA0
Medium Term Note
1.200 08/05/2025
30,000.000 94.4230
92.0530
28,326.90
36,821.20
701,939.00
29,341.20
39,563.60
702,464.00
-1,014.30
-2,742.40
-525.00
0.0 0.1
1.2 360.00
460.00
1.27 1.25
5.23 Unitedhealth Group Inc - 91324PEC2
1.150 05/15/2026
40,000.000
Unitedhealth Group Inc - 91324PEP3
5.250 02/15/2028
700,000.000 100.2770 36,750.00
US Bancorp - 91159HJK7
Medium Term Note
4.653 02/01/2029
750,000.000 96.3810 722,857.50
99,731.00
722,295.00
93,609.37
562.50 1.2
0.2 34,897.50
500.00
4.83 Verizon Master Trust - 92348KAA1
A B S Ser 2021 1 Cl A
0.500 05/20/2027
100,000.000 99.7310
91.1540
6,121.63 0.50
1.15 Walmart Inc - 931142ER0
1.050 09/17/2026
10,000.000 9,115.40 9,981.10 -865.70 0.0 105.00
Total Corporate Issues $15,411,554.97 $15,472,424.38 -$60,869.41 25.5 $682,174.53 Foreign Issues
Bank Montreal Que - 06368D3S1
Medium Term Note
3.700 06/07/2025
75,000.000 97.9380 73,453.50 73,120.50 333.00 0.1 2,775.00 3.78 Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 90
Menifee Mayor and City Council
September 4, 2024
Page
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Bank Of Montreal - 06368FAC3
Medium Term Note
1.250 09/15/2026
40,000.000 90.6710
93.1550
36,268.40 39,951.60 -3,683.20
-920.40
0.1 0.2
500.00 1.38
3.35 Inter American Devel Bk - 4581X0DC9
3.125 09/18/2028
120,000.000 111,786.00 112,706.40 3,750.00
Inter American Devel Bk - 4581X0DV7
Medium Term Note
0.875 04/20/2026
75,000.000 92.1290 69,096.75 74,656.50 -5,559.75 0.1 656.25 0.95 Inter American Devel Bk - 4581X0EN4
Medium Term Note
4.125 02/15/2029
135,000.000 97.0350
93.2350
130,997.25
69,926.25
133,801.20
74,670.05
-2,803.95
-4,743.80
0.2 0.1
5,568.75
375.00
4.25 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 98.6050
99.3640
97.9610
98.3200
98,605.00
39,745.60
19,592.20
78,656.00
99,889.00
40,598.00
19,992.60
79,957.60
-1,284.00
-852.40
0.2 0.1
0.0 0.1
4,500.00
1,020.00
675.00
4.56 2.57
3.44 4.98
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 -400.40
Royal Bk Cda - 78016FZW7
Medium Term Note
4.900 01/12/2028
80,000.000 -1,301.60 3,920.00
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 91
Menifee Mayor and City Council
September 4, 2024
Page
124 of 489
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CITY OF MENIFEE Page 25 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Royal Bk Cda - 78016HZV5
Medium Term Note
4.950 02/01/2029
650,000.000 98.1360
99.5820
637,884.00
79,665.60
637,734.50
79,890.40
149.50 1.1
0.1 32,175.00
4,082.40
5.04 5.12
5.50 Toronto Dominion Bank - 89115A2K7
Medium Term Note
5.103 01/09/2026
80,000.000 -224.80
Toronto Dominion Bank - 89115A2U5
Medium Term Note
5.523 07/17/2028
650,000.000 100.3290 652,138.50 652,619.50 -481.00 1.1 35,899.50 Total Foreign Issues $2,097,815.05 $2,119,587.85 -$21,772.80 3.5 $95,896.90 Total Taxable Bonds $54,080,467.06
$60,494,946.30
$54,388,006.74
$60,801,610.73
-$307,539.68
-$306,664.43
89.4 $2,198,272.75
$2,535,537.21Total Assets 100.0
Estimated Current Yield 4.19
ASSET DETAIL MESSAGES
Time of trade execution and trading party (if not disclosed) will be provided upon request.
Publicly traded assets are valued in accordance with market quotations or valuation methodologies from financial industry services believed by us to be reliable. Assets that are not publicly traded may be reflected at values from other external sources. Assets for which a current value is not available may be reflected at a previous value or as not valued, at par value, or at a nominal value. Values shown do not necessarily reflect prices at which assets could be bought or sold. Values are updated based on internal policy and may be updated less frequently than statement generation.
Estimated Current Yield and Estimated Annual Income are estimates provided for informational purposes only and should not be relied on for making investment, trading, or tax decisions. The estimates may not represent the actual value earned by your investments and they provide no guarantee of what your investments may earn in the future.
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 92
Menifee Mayor and City Council
September 4, 2024
Page
125 of 489
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024
TRANSACTION DETAIL
Date
Posted Activity Description Cash Tax Cost
Beginning Balance 04/01/2024 $0.00 $11,129,604.75
04/01/24
04/01/24
04/01/24
04/01/24
04/08/24
04/11/24
04/15/24
04/15/24
04/15/24
04/15/24
04/15/24
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Cash Receipt
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 3/31/24
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 3/31/24
525.00
4,125.00
212.90
Interest Earned On
U S Treasury Nt 4.125% 9/30/27
0.020625 USD/$1 Pv On 200,000 Par Value Due 3/31/24
Interest Earned On
Federated Hermes Govt Obligs Is
Interest From 3/1/24 To 3/31/24
Interest Earned On
Paccar Financial Mtn 2.850% 4/07/25
0.01425 USD/$1 Pv On 35,000 Par Value Due 4/7/24
498.75
Cash Receipt
Incoming Wires
Wire Recd From US Bank California
50,000,000.00
118.11Interest Earned On
Honda Auto Rec Own 1.880% 5/15/26
$0.00157/Pv On 75,389.10 Pv Due 4/15/24
Paid Down 5,686.33 Par Value Of
Honda Auto Rec Own 1.880% 5/15/26
Trade Date 4/15/24
5,686.33
37.04 -5,469.76
-1,467.11
Asset Income
Sale
Interest Earned On
Hyundai Auto Rec 2.220% 10/15/26
$0.00185/Pv On 20,023.06 Pv Due 4/15/24
Paid Down 1,467.17 Par Value Of
Hyundai Auto Rec 2.220% 10/15/26
Trade Date 4/15/24
1,467.17
6.56Asset Income Interest Earned On
Hyundai Auto Rec Tr 0.740% 5/15/26
$0.00062/Pv On 10,643.98 Pv Due 4/15/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 93
Menifee Mayor and City Council
September 4, 2024
Page
126 of 489
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/15/24
04/15/24
04/15/24
04/15/24
04/15/24
04/15/24
04/15/24
04/15/24
04/15/24
04/15/24
04/15/24
Sale Paid Down 1,083.38 Par Value Of
Hyundai Auto Rec Tr 0.740% 5/15/26
Trade Date 4/15/24
1,083.38 -1,067.86
Asset Income
Sale
Interest Earned On
John Deere Owner 2.320% 9/15/26
13.42 454.16
2.91 $0.00193/Pv On 6,943.49 Pv Due 4/15/24
Paid Down 454.16 Par Value Of
John Deere Owner 2.320% 9/15/26
Trade Date 4/15/24
-454.06
-705.28
Asset Income
Sale
Interest Earned On
John Deere Own 0.520% 3/16/26
$0.00043/Pv On 6,719.32 Pv Due 4/15/24
Paid Down 705.34 Par Value Of
John Deere Own 0.520% 3/16/26
Trade Date 4/15/24
705.34
46.75 106.04
83.50 131.54
78.33 24.80
Asset Income
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 4/15/24
Interest Earned On
John Deere Owner 5.090% 6/15/27
$0.00424/Pv On 25,000.00 Pv Due 4/15/24
Interest Earned On
John Deere Owner 5.010% 11/15/27
$0.00418/Pv On 20,000.00 Pv Due 4/15/24
Interest Earned On
Mercedes Benz Auto 4.510% 11/15/27
$0.00376/Pv On 35,000.00 Pv Due 4/15/24
Interest Earned On
Toyota Auto Rec 3.760% 4/15/27
$0.00313/Pv On 25,000.00 Pv Due 4/15/24
Interest Earned On
Toyota Auto Rec 0.710% 4/15/26
$0.00059/Pv On 41,915.10 Pv Due 4/15/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 94
Menifee Mayor and City Council
September 4, 2024
Page
127 of 489
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/15/24
04/15/24
04/15/24
04/15/24
04/15/24
04/15/24
04/16/24
04/16/24
04/16/24
04/16/24
Sale Paid Down 3,669.79 Par Value Of
Toyota Auto Rec 0.710% 4/15/26
Trade Date 4/15/24
3,669.79 -3,456.05
Asset Income
Sale
Interest Earned On
Toyota Auto Recv 0.260% 5/15/25
0.53 1,112.84
337.50
568.75
387.50
3.31 $0.00022/Pv On 2,467.16 Pv Due 4/15/24
Paid Down 1,112.84 Par Value Of
Toyota Auto Recv 0.260% 5/15/25
Trade Date 4/15/24
-1,112.63
Asset Income
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
Royal Bk Cda Mtn 3.375% 4/14/25
0.016875 USD/$1 Pv On 20,000 Par Value Due 4/14/24
Interest Earned On
F N M A 1.625% 10/15/24
0.008125 USD/$1 Pv On 70,000 Par Value Due 4/15/24
Interest Earned On
Reality Income Corp 3.875% 4/15/25
0.019375 USD/$1 Pv On 20,000 Par Value Due 4/15/24
Interest Earned On
Gm Fin Cons Auto 0.680% 9/16/26
$0.00057/Pv On 5,842.13 Pv Due 4/16/24
Paid Down 460.29 Par Value Of
Gm Fin Cons Auto 0.680% 9/16/26
Trade Date 4/16/24
460.29
7.21 -460.28
-517.45
Asset Income
Sale
Interest Earned On
Gm Fin Cons Auto 1.260% 11/16/26
$0.00105/Pv On 6,866.24 Pv Due 4/16/24
Paid Down 517.5 Par Value Of
Gm Fin Cons Auto 1.260% 11/16/26
Trade Date 4/16/24
517.50
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 95
Menifee Mayor and City Council
September 4, 2024
Page
128 of 489
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/17/24 Purchase Purchased 750,000 Par Value Of
U S Treasury Nt 3.750% 12/31/28
Trade Date 4/16/24
-720,234.38 720,234.38
Purchased Through Bmo Capital Markets Corp/Bonds
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8410703133521044
750,000 Par Value At 96.03125067 %
04/17/24
04/17/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 3.750% 12/31/28
Income Debit 8,344.78- USD
-8,344.78
Purchased 800,000 Par Value Of
U S Treasury Nt 4.125% 3/31/29
Trade Date 4/16/24
Purchased Through Bmo Capital Markets Corp/Bonds
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8410703133521060
800,000 Par Value At 97.59765625 %
-780,781.25 780,781.25
638,041.02
793,125.00
04/17/24
04/17/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.125% 3/31/29
Income Debit 1,532.79- USD
-1,532.79
Purchased 650,000 Par Value Of
U S Treasury Nt 4.250% 2/28/29
Trade Date 4/16/24
Purchased Through Bmo Capital Markets Corp/Bonds
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8410703133521052
650,000 Par Value At 98.16015692 %
-638,041.02
04/17/24
04/17/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.250% 2/28/29
Income Debit 3,603.26- USD
-3,603.26
Purchased 800,000 Par Value Of -793,125.00
U S Treasury Nt 4.500% 4/15/27
Trade Date 4/16/24
Purchased Through Wells Fargo Securities, LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8410703133521068
800,000 Par Value At 99.140625 %
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 96
Menifee Mayor and City Council
September 4, 2024
Page
129 of 489
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CITY OF MENIFEE Page 30 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/17/24
04/18/24
Purchase Accrued Interest Paid Accrued Interest On Purchase Of U S Treasury Nt 4.500% 4/15/27
Income Debit 196.72- USD
-196.72
Purchase Purchased 600,000 Par Value Of
Paccar Financial Mtn 4.600% 1/31/29
Trade Date 4/16/24
-585,228.00 585,228.00
Purchased Through Rbc Capital Markets, LLC
Purchased On The Marketaxess Corporation
Swift External Ref#: 8410703133521242
600,000 Par Value At 97.538 %
04/18/24
04/18/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
Paccar Financial Mtn 4.600% 1/31/29
Income Debit 5,980.00- USD
-5,980.00
Purchased 600,000 Par Value Of
Toyota Mtr Cr Mtn 5.250% 9/11/28
Trade Date 4/16/24
-599,664.00 599,664.00
Purchased Through J.P. Morgan Securities LLC
Purchased On The Marketaxess Corporation
Swift External Ref#: 8410703133521245
600,000 Par Value At 99.944 %
04/18/24
04/18/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
Toyota Mtr Cr Mtn 5.250% 9/11/28
Income Debit 3,237.50- USD
-3,237.50
Purchased 800,000 Par Value Of
Prologis L P 4.875% 6/15/28
-786,936.00 786,936.00
Trade Date 4/16/24
Purchased Through Marketaxess Corp
Purchased On The Marketaxess Corporation
Swift External Ref#: 8410703133521239
800,000 Par Value At 98.367 %
04/18/24 Purchase Accrued Interest Paid Accrued Interest On Purchase Of Prologis L P 4.875% 6/15/28
-13,325.00
Income Debit 13,325.00- USD
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 97
Menifee Mayor and City Council
September 4, 2024
Page
130 of 489
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/18/24 Purchase Purchased 850,000 Par Value Of
U S Treasury Nt 4.500% 3/31/26
Trade Date 4/17/24
-842,828.13 842,828.13
Purchased Through Wells Fargo Securities, LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8410803133524362
850,000 Par Value At 99.15625059 %
04/18/24
04/18/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.500% 3/31/26
Income Debit 1,881.15- USD
-1,881.15
Purchased 850,000 Par Value Of -824,931.64 824,931.64
U S Treasury Nt 3.875% 12/31/27
Trade Date 4/17/24
Purchased Through BofA Securities, Inc.
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8410803133524378
850,000 Par Value At 97.05078118 %
04/18/24
04/18/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 3.875% 12/31/27
Income Debit 9,863.15- USD
-9,863.15
Purchased 600,000 Par Value Of
Caterpillar Finl Mtn 4.850% 2/27/29
Trade Date 4/16/24
-592,158.00 592,158.00
Purchased Through Scotia Capital (USA) Inc.
Swift External Ref#: 8410803133524298
600,000 Par Value At 98.693 %
04/18/24
04/18/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
Caterpillar Finl Mtn 4.850% 2/27/29
Income Debit 4,122.50- USD
-4,122.50
Purchased 850,000 Par Value Of -839,308.59 839,308.59
U S Treasury Nt 4.375% 11/30/28
Trade Date 4/17/24
Purchased Through SG Americas Securities, LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8410803133524370
850,000 Par Value At 98.74218706 %
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 98
Menifee Mayor and City Council
September 4, 2024
Page
131 of 489
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/18/24
04/19/24
Purchase Accrued Interest Paid Accrued Interest On Purchase Of U S Treasury Nt 4.375% 11/30/28
Income Debit 14,224.73- USD
-14,224.73
Purchase Purchased 400,000 Par Value Of
Jpmorgan Chase Co 3.960% 1/29/27
Trade Date 4/17/24
-388,284.00 388,284.00
Purchased Through Marketaxess Corp
Purchased On The Marketaxess Corporation
Swift External Ref#: 8410803133524647
400,000 Par Value At 97.071 %
04/19/24
04/19/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
Jpmorgan Chase Co 3.960% 1/29/27
Income Debit 3,520.00- USD
-3,520.00
Purchased 350,000 Par Value Of -329,157.50 329,157.50
Bank Of America Mtn 3.970% 3/05/29
Trade Date 4/17/24
Purchased Through BofA Securities, Inc./Fxd Inc
Purchased On The Marketaxess Corporation
Swift External Ref#: 8410803133524641
350,000 Par Value At 94.045 %
04/19/24
04/19/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
Bank Of America Mtn 3.970% 3/05/29
Income Debit 1,698.28- USD
-1,698.28
Purchased 400,000 Par Value Of
Jpmorgan Chase Co 3.509% 1/23/29
Trade Date 4/17/24
-372,564.00 372,564.00
Purchased Through Marketaxess Corp
Purchased On The Marketaxess Corporation
Swift External Ref#: 8410803133524635
400,000 Par Value At 93.141 %
04/19/24 Purchase Accrued Interest Paid Accrued Interest On Purchase Of Jpmorgan Chase Co 3.509% 1/23/29
Income Debit 3,353.04- USD
-3,353.04
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 99
Menifee Mayor and City Council
September 4, 2024
Page
132 of 489
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/19/24 Purchase Purchased 650,000 Par Value Of
Toronto Dominion Mtn 5.523% 7/17/28
Trade Date 4/17/24
-652,619.50 652,619.50
Purchased Through Marketaxess Corp
Purchased On The Marketaxess Corporation
Swift External Ref#: 8410803133524638
650,000 Par Value At 100.403 %
04/19/24
04/19/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
Toronto Dominion Mtn 5.523% 7/17/28
Income Debit 9,174.32- USD
-9,174.32
Purchased 650,000 Par Value Of
Realty Income Corp 4.750% 2/15/29
Trade Date 4/17/24
Purchased Through Bbva/Securities Ny
Purchased On The Marketaxess Corporation
Swift External Ref#: 8410803133524632
650,000 Par Value At 96.95 %
-630,175.00 630,175.00
335,895.00
605,287.11
04/19/24
04/19/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
Realty Income Corp 4.750% 2/15/29
Income Debit 7,976.04- USD
-7,976.04
Purchased 350,000 Par Value Of
Bank Of America Mtn 3.559% 4/23/27
Trade Date 4/17/24
Purchased Through BofA Securities, Inc.
Purchased On The Marketaxess Corporation
Swift External Ref#: 8410803133524644
350,000 Par Value At 95.97 %
-335,895.00
04/19/24
04/19/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
Bank Of America Mtn 3.559% 4/23/27
Income Debit 6,089.84- USD
-6,089.84
Purchased 650,000 Par Value Of -605,287.11
U S Treasury Nt 2.000% 11/15/26
Trade Date 4/18/24
Purchased Through J.P. Morgan Securities LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8410903133528114
650,000 Par Value At 93.12109385 %
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 100
Menifee Mayor and City Council
September 4, 2024
Page
133 of 489
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CITY OF MENIFEE Page 34 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/19/24
04/19/24
Purchase Accrued Interest Paid Accrued Interest On Purchase Of U S Treasury Nt 2.000% 11/15/26
Income Debit 5,571.43- USD
-5,571.43
Purchase Purchased 650,000 Par Value Of
U S Treasury Nt 4.125% 10/31/27
Trade Date 4/18/24
-636,085.94 636,085.94
Purchased Through Bmo Capital Markets Corp/Bonds
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8410903133528106
650,000 Par Value At 97.85937538 %
04/19/24
04/19/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.125% 10/31/27
Income Debit 12,595.98- USD
-12,595.98
Purchased 800,000 Par Value Of -789,312.50 789,312.50
U S Treasury Nt 4.250% 1/31/26
Trade Date 4/18/24
Purchased Through J.P. Morgan Securities LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8410903133528090
800,000 Par Value At 98.6640625 %
04/19/24
04/19/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.250% 1/31/26
Income Debit 7,379.12- USD
-7,379.12
Purchased 800,000 Par Value Of -794,500.00 794,500.00
U S Treasury Nt 4.625% 2/28/26
Trade Date 4/18/24
Purchased Through J.P. Morgan Securities LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8410903133528082
800,000 Par Value At 99.3125 %
04/19/24 Purchase Accrued Interest Paid Accrued Interest On Purchase Of U S Treasury Nt 4.625% 2/28/26
Income Debit 5,027.17- USD
-5,027.17
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 101
Menifee Mayor and City Council
September 4, 2024
Page
134 of 489
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CITY OF MENIFEE Page 35 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/19/24 Purchase Purchased 800,000 Par Value Of
U S Treasury Nt 4.375% 12/15/26
Trade Date 4/18/24
-790,250.00 790,250.00
Purchased Through SG Americas Securities, LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8410903133528098
800,000 Par Value At 98.78125 %
04/19/24
04/19/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.375% 12/15/26
Income Debit 12,049.18- USD
-12,049.18
Purchased 850,000 Par Value Of -839,707.03 839,707.03
U S Treasury Nt 4.250% 10/15/25
Trade Date 4/18/24
Purchased Through BofA Securities, Inc.
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8410903133528074
850,000 Par Value At 98.78906235 %
04/19/24
04/22/24
04/22/24
04/22/24
04/22/24
04/22/24
Purchase Accrued Interest
Asset Income
Asset Income
Asset Income
Sale
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.250% 10/15/25
Income Debit 394.81- USD
-394.81
203.13
328.13
5.49 Interest Earned On
F N M A Deb 0.625% 4/22/25
0.003125 USD/$1 Pv On 65,000 Par Value Due 4/22/24
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 4/20/24
Interest Earned On
Gm Fin Auto Lsng Tr 1.900% 3/20/25
$0.00158/Pv On 3,466.97 Pv Due 4/20/24
Paid Down 3,368.21 Par Value Of
Gm Fin Auto Lsng Tr 1.900% 3/20/25
Trade Date 4/20/24
3,368.21
0.29 -3,368.18
Asset Income Interest Earned On
Honda Auto 0.270% 4/21/25
$0.00022/Pv On 1,305.00 Pv Due 4/21/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 102
Menifee Mayor and City Council
September 4, 2024
Page
135 of 489
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/22/24
04/22/24
04/22/24
04/22/24
04/22/24
Sale Paid Down 646.43 Par Value Of
Honda Auto 0.270% 4/21/25
Trade Date 4/21/24
646.43 -646.42
Asset Income
Sale
Interest Earned On
Honda Auto Rec 0.880% 1/21/26
3.98 489.59
$0.00073/Pv On 5,433.48 Pv Due 4/21/24
Paid Down 489.59 Par Value Of
Honda Auto Rec 0.880% 1/21/26
Trade Date 4/21/24
-489.49
Asset Income
Purchase
Interest Earned On
Verizon Master 0.500% 5/20/27
$0.00042/Pv On 100,000.00 Pv Due 4/20/24
41.67 Purchased 650,000 Par Value Of
Royal Bk Cda Mtn 4.950% 2/01/29
Trade Date 4/18/24
-637,734.50 637,734.50
Purchased Through US Bancorp Investments Inc.
Purchased On The Marketaxess Corporation
Swift External Ref#: 8410903133528222
650,000 Par Value At 98.113 %
04/22/24
04/22/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
Royal Bk Cda Mtn 4.950% 2/01/29
Income Debit 8,311.88- USD
-8,311.88
Purchased 700,000 Par Value Of
John Deere Mtn 4.500% 1/16/29
Trade Date 4/18/24
-680,841.00 680,841.00
Purchased Through Morgan Stanley & Co. LLC
Purchased On The Marketaxess Corporation
Swift External Ref#: 8410903133528225
700,000 Par Value At 97.263 %
04/22/24 Purchase Accrued Interest Paid Accrued Interest On Purchase Of John Deere Mtn 4.500% 1/16/29
Income Debit 9,100.00- USD
-9,100.00
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 103
Menifee Mayor and City Council
September 4, 2024
Page
136 of 489
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/22/24 Purchase Purchased 700,000 Par Value Of
Unitedhealth 5.250% 2/15/28
Trade Date 4/18/24
-702,464.00 702,464.00
Purchased Through J.P. Morgan Securities LLC
Purchased On The Marketaxess Corporation
Swift External Ref#: 8410903133528228
700,000 Par Value At 100.352 %
04/22/24
04/22/24
04/23/24
Purchase Accrued Interest
Asset Income
Paid Accrued Interest On Purchase Of
Unitedhealth 5.250% 2/15/28
Income Debit 6,839.58- USD
-6,839.58
124.98Interest Earned On
Jpmorgan Chase Co 2.083% 4/22/26
0.010415 USD/$1 Pv On 12,000 Par Value Due 4/22/24
Purchase Purchased 750,000 Par Value Of
US Bancorp M T N 4.653% 2/01/29
Trade Date 4/19/24
-722,295.00 722,295.00
Purchased Through US Bancorp Investments Inc.
Purchased On The Marketaxess Corporation
Swift External Ref#: 8411003133534043
750,000 Par Value At 96.306 %
04/23/24
04/23/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
US Bancorp M T N 4.653% 2/01/29
Income Debit 7,948.88- USD
-7,948.88
Purchased 750,000 Par Value Of
Home Depot Inc 4.900% 4/15/29
Trade Date 4/19/24
-742,725.00 742,725.00
Purchased Through J.P. Morgan Securities LLC
Purchased On The Marketaxess Corporation
Swift External Ref#: 8411003133534040
750,000 Par Value At 99.03 %
04/23/24 Purchase Accrued Interest Paid Accrued Interest On Purchase Of Home Depot Inc 4.900% 4/15/29
Income Debit 816.67- USD
-816.67
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 104
Menifee Mayor and City Council
September 4, 2024
Page
137 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 38 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/23/24 Purchase Purchased 700,000 Par Value Of
F F C B Deb 4.375% 4/10/29
Trade Date 4/22/24
-689,017.00 689,017.00
Purchased Through Nomura Securities Internationa
Purchased On The Marketaxess Corporation
Swift External Ref#: 8411303133539790
700,000 Par Value At 98.431 %
04/23/24
04/23/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
F F C B Deb 4.375% 4/10/29
Income Debit 1,105.90- USD
-1,105.90
Purchased 800,000 Par Value Of
U S Treasury Nt 2.750% 6/30/25
Trade Date 4/22/24
Purchased Through J.P. Morgan Securities LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411303133539874
800,000 Par Value At 97.27734375 %
-778,218.75 778,218.75
786,781.25
821,031.25
04/23/24
04/23/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 2.750% 6/30/25
Income Debit 6,890.11- USD
-6,890.11
Purchased 800,000 Par Value Of
U S Treasury Nt 4.125% 6/15/26
Trade Date 4/22/24
Purchased Through J.P. Morgan Securities LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411303133539882
800,000 Par Value At 98.34765625 %
-786,781.25
04/23/24
04/23/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.125% 6/15/26
Income Debit 11,721.31- USD
-11,721.31
Purchased 800,000 Par Value Of -821,031.25
U S Treasury Bd 5.250% 2/15/29
Trade Date 4/22/24
Purchased Through BofA Securities, Inc.
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411303133539889
800,000 Par Value At 102.62890625 %
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 105
Menifee Mayor and City Council
September 4, 2024
Page
138 of 489
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CITY OF MENIFEE Page 39 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/23/24
04/23/24
Purchase Accrued Interest Paid Accrued Interest On Purchase Of U S Treasury Bd 5.250% 2/15/29
Income Debit 7,846.15- USD
-7,846.15
Purchase Purchased 600,000 Par Value Of
U S Treasury Nt 2.250% 2/15/27
Trade Date 4/22/24
-559,664.06 559,664.06
Purchased Through Bmo Capital Markets Corp/Bonds
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411303133539866
600,000 Par Value At 93.27734333 %
04/23/24
04/23/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 2.250% 2/15/27
Income Debit 2,521.98- USD
-2,521.98
Purchased 800,000 Par Value Of -782,968.75 782,968.75
U S Treasury Nt 4.000% 1/15/27
Trade Date 4/22/24
Purchased Through J.P. Morgan Securities LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411303133545026
800,000 Par Value At 97.87109375 %
04/23/24
04/23/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.000% 1/15/27
Income Debit 8,703.30- USD
-8,703.30
Purchased 600,000 Par Value Of -573,117.19 573,117.19
U S Treasury Nt 3.250% 6/30/27
Trade Date 4/22/24
Purchased Through Bmo Capital Markets Corp/Bonds
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411303133545010
600,000 Par Value At 95.51953167 %
04/23/24 Purchase Accrued Interest Paid Accrued Interest On Purchase Of U S Treasury Nt 3.250% 6/30/27
Income Debit 6,107.14- USD
-6,107.14
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 106
Menifee Mayor and City Council
September 4, 2024
Page
139 of 489
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CITY OF MENIFEE Page 40 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/23/24 Purchase Purchased 800,000 Par Value Of
U S Treasury Nt 2.750% 7/31/27
Trade Date 4/22/24
-751,156.25 751,156.25
Purchased Through J.P. Morgan Securities LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411303133545018
800,000 Par Value At 93.89453125 %
04/23/24
04/23/24
04/24/24
Purchase Accrued Interest
Asset Income
Paid Accrued Interest On Purchase Of
U S Treasury Nt 2.750% 7/31/27
Income Debit 5,016.48- USD
-5,016.48
6,673.13Interest Earned On
Bank Of America Mtn 3.559% 4/23/27
0.017795 USD/$1 Pv On 375,000 Par Value Due 4/23/24
Purchase Purchased 650,000 Par Value Of -644,091.50 644,091.50 Morgan Stanley Mtn 5.050% 1/28/27
Trade Date 4/22/24
Purchased Through Citigroup Global Markets Inc.
Purchased On The Marketaxess Corporation
Swift External Ref#: 8411303133545070
650,000 Par Value At 99.091 %
04/24/24
04/24/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
Morgan Stanley Mtn 5.050% 1/28/27
Income Debit 7,841.53- USD
-7,841.53
Purchased 700,000 Par Value Of
F F C B Deb 4.500% 3/09/29
-695,310.00 695,310.00
Trade Date 4/23/24
Purchased Through Marketaxess Corp
Purchased On The Marketaxess Corporation
Swift External Ref#: 8411403133547847
700,000 Par Value At 99.33 %
04/24/24 Purchase Accrued Interest Paid Accrued Interest On Purchase Of F F C B Deb 4.500% 3/09/29
-3,937.50
Income Debit 3,937.50- USD
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 107
Menifee Mayor and City Council
September 4, 2024
Page
140 of 489
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CITY OF MENIFEE Page 41 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/24/24 Purchase Purchased 600,000 Par Value Of
U S Treasury Nt 3.500% 4/30/28
Trade Date 4/23/24
-574,148.44 574,148.44
Purchased Through Wells Fargo Securities, LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411403133547991
600,000 Par Value At 95.69140667 %
04/24/24
04/24/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 3.500% 4/30/28
Income Debit 10,153.85- USD
-10,153.85
Purchased 800,000 Par Value Of
U S Treasury Nt 4.375% 8/15/26
Trade Date 4/23/24
Purchased Through J.P. Morgan Securities LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411403133547999
800,000 Par Value At 98.921875 %
-791,375.00 791,375.00
780,187.50
712,880.86
04/24/24
04/24/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.375% 8/15/26
Income Debit 6,634.62- USD
-6,634.62
Purchased 800,000 Par Value Of
U S Treasury Nt 3.625% 5/15/26
Trade Date 4/23/24
Purchased Through J.P. Morgan Securities LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411403133547864
800,000 Par Value At 97.5234375 %
-780,187.50
04/24/24
04/24/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 3.625% 5/15/26
Income Debit 12,826.92- USD
-12,826.92
Purchased 750,000 Par Value Of -712,880.86
U S Treasury Nt 3.125% 8/31/27
Trade Date 4/23/24
Purchased Through J.P. Morgan Securities LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411403133548007
750,000 Par Value At 95.05078133 %
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 108
Menifee Mayor and City Council
September 4, 2024
Page
141 of 489
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CITY OF MENIFEE Page 42 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/24/24
04/25/24
04/25/24
04/25/24
04/25/24
04/25/24
04/25/24
04/25/24
04/25/24
04/25/24
04/25/24
Purchase Accrued Interest
Asset Income
Sale
Paid Accrued Interest On Purchase Of
U S Treasury Nt 3.125% 8/31/27
Income Debit 3,502.89- USD
-3,502.89
Interest Earned On
F H L M C Mltcl Mtg 3.241% 9/25/24
40.51 517.58
90.87 77.57
97.10 21.31
43.10 28.43
33.38 164.20
$0.00270/Pv On 15,000.00 Pv Due 4/25/24
Paid Down 517.58 Par Value Of
F H L M C Mltcl Mtg 3.241% 9/25/24
Trade Date 4/25/24
-544.91
-83.44
-21.90
-28.93
Asset Income
Sale
Interest Earned On
F H L B Gtd Remic 3.171% 10/25/24
$0.00264/Pv On 34,386.80 Pv Due 4/25/24
Paid Down 77.57 Par Value Of
F H L B Gtd Remic 3.171% 10/25/24
Trade Date 4/25/24
Asset Income
Sale
Interest Earned On
F H L M C Mltcl Mtg 3.329% 5/25/25
$0.00277/Pv On 35,000.00 Pv Due 4/25/24
Paid Down 21.31 Par Value Of
F H L M C Mltcl Mtg 3.329% 5/25/25
Trade Date 4/25/24
Asset Income
Sale
Interest Earned On
F H L M C Mltcl Mt 3.064% 8/25/24
$0.00255/Pv On 16,879.09 Pv Due 4/25/24
Paid Down 28.43 Par Value Of
F H L M C Mltcl Mt 3.064% 8/25/24
Trade Date 4/25/24
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 4/25/24
Interest Earned On
F H L M C Mltcl Mt 3.284% 6/25/25
$0.00274/Pv On 60,000.00 Pv Due 4/25/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 109
Menifee Mayor and City Council
September 4, 2024
Page
142 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 43 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/25/24
04/25/24
04/25/24
04/25/24
04/25/24
04/25/24
04/25/24
04/25/24
04/25/24
04/25/24
04/25/24
Asset Income
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 Mt 3.334% 8/25/25
$0.00278/Pv On
69.46 25,000.00 Pv Due 4/25/24
Interest Earned On
F H L M C Mltcl Mtg 2.995% 12/25/25
$0.00250/Pv On 125,000.00 Pv Due 4/25/24
311.98
160.13
252.50
276.35
199.09
200.08
265.58
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 4/25/24
Interest Earned On
F H L M C Mltcl Mtg 2.525% 5/25/26
$0.00210/Pv On 120,000.00 Pv Due 4/25/24
Interest Earned On
F H L M C Mltcl Mt 2.653% 8/25/26
$0.00221/Pv On 125,000.00 Pv Due 4/25/24
Interest Earned On
F H L M C Mltcl Mtg 3.413% 12/25/26
$0.00284/Pv On 70,000.00 Pv Due 4/25/24
Interest Earned On
F H L M C Mltcl Mt 3.430% 1/25/27
$0.00286/Pv On 70,000.00 Pv Due 4/25/24
Interest Earned On
F H L M C Mltcl Mt 3.187% 9/25/27
$0.00266/Pv On 100,000.00 Pv Due 4/25/24
Interest Earned On
F H L M C Mltcl Mt 3.303% 11/25/27
$0.00275/Pv On 30,000.00 Pv Due 4/25/24
Interest Earned On
F H L M C Mltcl Mtg 2.031% 9/25/28
$0.00169/Pv On 135,000.00 Pv Due 4/25/24
228.49
473.00Interest Earned On
Bmw Vehicle Lease 5.160% 11/25/25
$0.00430/Pv On 110,000.00 Pv Due 4/25/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 110
Menifee Mayor and City Council
September 4, 2024
Page
143 of 489
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CITY OF MENIFEE Page 44 of 58
ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/25/24
04/25/24
04/25/24
04/25/24
Asset Income Interest Earned On
Bmw Veh Owner Tr 3.210% 8/25/26
$0.00268/Pv On
31.87 11,913.82 Pv Due 4/25/24
Sale Paid Down 873.93 Par Value Of
Bmw Veh Owner Tr 3.210% 8/25/26
Trade Date 4/25/24
873.93
263.02
-873.88
Asset Income
Purchase
Interest Earned On
F H L M C Mltcl Mt 2.525% 10/25/26
$0.00210/Pv On 125,000.00 Pv Due 4/25/24
Purchased 700,000 Par Value Of
Bank New York Mtn 4.947% 4/26/27
Trade Date 4/23/24
Purchased Through Pershing LLC
Purchased On The Marketaxess Corporation
Swift External Ref#: 8411403133547983
700,000 Par Value At 99.188 %
-694,316.00 694,316.00
595,380.00
693,507.81
04/25/24
04/25/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
Bank New York Mtn 4.947% 4/26/27
Income Debit 17,218.31- USD
-17,218.31
Purchased 600,000 Par Value Of
American Honda Mtn 4.900% 3/12/27
Trade Date 4/23/24
Purchased Through J.P. Morgan Securities LLC
Purchased On The Marketaxess Corporation
Swift External Ref#: 8411403133547980
600,000 Par Value At 99.23 %
-595,380.00
04/25/24
04/25/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
American Honda Mtn 4.900% 3/12/27
Income Debit 3,430.00- USD
-3,430.00
Purchased 725,000 Par Value Of -693,507.81
U S Treasury Nt 2.500% 2/28/26
Trade Date 4/24/24
Purchased Through Bmo Capital Markets Corp/Bonds
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411503133553892
725,000 Par Value At 95.65624966 %
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 111
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/25/24
04/25/24
Purchase Accrued Interest Paid Accrued Interest On Purchase Of U S Treasury Nt 2.500% 2/28/26
Income Debit 2,758.15- USD
-2,758.15
Purchase Purchased 600,000 Par Value Of
U S Treasury Nt 4.125% 9/30/27
Trade Date 4/24/24
-587,906.25 587,906.25
Purchased Through J.P. Morgan Securities LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411503133553900
600,000 Par Value At 97.984375 %
04/25/24
04/25/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.125% 9/30/27
Income Debit 1,690.57- USD
-1,690.57
Purchased 600,000 Par Value Of -590,343.75 590,343.75
U S Treasury Nt 4.000% 12/15/25
Trade Date 4/24/24
Purchased Through Wells Fargo Securities, LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411503133553908
600,000 Par Value At 98.390625 %
04/25/24
04/25/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.000% 12/15/25
Income Debit 8,655.74- USD
-8,655.74
Purchased 600,000 Par Value Of -575,671.88 575,671.88
U S Treasury Nt 3.625% 5/31/28
Trade Date 4/24/24
Purchased Through Wells Fargo Securities, LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411503133553919
600,000 Par Value At 95.945313 %
04/25/24 Purchase Accrued Interest Paid Accrued Interest On Purchase Of U S Treasury Nt 3.625% 5/31/28
Income Debit 8,735.65- USD
-8,735.65
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 112
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/25/24 Purchase Purchased 600,000 Par Value Of
U S Treasury Nt 4.125% 7/31/28
Trade Date 4/24/24
-586,429.69 586,429.69
Purchased Through J.P. Morgan Securities LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411503133553929
600,000 Par Value At 97.73828167 %
04/25/24
04/25/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.125% 7/31/28
Income Debit 5,779.53- USD
-5,779.53
Purchased 600,000 Par Value Of -592,171.88 592,171.88
U S Treasury Nt 4.375% 8/31/28
Trade Date 4/24/24
Purchased Through Wells Fargo Securities, LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411503133553938
600,000 Par Value At 98.69531333 %
04/25/24
04/25/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.375% 8/31/28
Income Debit 3,994.57- USD
-3,994.57
Purchased 700,000 Par Value Of
Federal Farm Cr Bks 4.500% 3/26/27
Trade Date 4/24/24
-693,700.00 693,700.00
Purchased Through Marketaxess Corp
Purchased On The Marketaxess Corporation
Swift External Ref#: 8411503133553981
700,000 Par Value At 99.1 %
04/25/24
04/25/24
Purchase Accrued Interest
Asset Income
Paid Accrued Interest On Purchase Of
Federal Farm Cr Bks 4.500% 3/26/27
Income Debit 2,537.50- USD
-2,537.50
2,906.25Interest Earned On
F F C B Deb 3.875% 4/25/28
0.019375 USD/$1 Pv On 150,000 Par Value Due 4/25/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 113
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/26/24 Purchase Purchased 800,000 Par Value Of -749,536.00 749,536.00 Simon Property Group 3.750% 12/01/27
Trade Date 4/24/24
Purchased Through BofA Securities, Inc./Fxd Inc
Purchased On The Marketaxess Corporation
Swift External Ref#: 8411503133554153
800,000 Par Value At 93.692 %
04/26/24
04/26/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
Simon Property Group 3.750% 12/01/27
Income Debit 10,875.00- USD
-10,875.00
Purchased 800,000 Par Value Of
U S Treasury Nt 2.625% 1/31/26
Trade Date 4/25/24
Purchased Through Nomura Securities Internationa
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411603133557274
800,000 Par Value At 95.921875 %
-767,375.00 767,375.00
629,763.67
796,187.50
04/26/24
04/26/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 2.625% 1/31/26
Income Debit 4,961.54- USD
-4,961.54
Purchased 650,000 Par Value Of
U S Treasury Nt 4.000% 1/31/29
Trade Date 4/25/24
Purchased Through Wells Fargo Securities, LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411603133557249
650,000 Par Value At 96.88671846 %
-629,763.67
04/26/24
04/26/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.000% 1/31/29
Income Debit 6,142.86- USD
-6,142.86
Purchased 800,000 Par Value Of -796,187.50
U S Treasury Nt 4.750% 7/31/25
Trade Date 4/25/24
Purchased Through Nomura Securities Internationa
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411603133557265
800,000 Par Value At 99.5234375 %
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 114
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/26/24
04/26/24
04/29/24
Purchase Accrued Interest Paid Accrued Interest On Purchase Of U S Treasury Nt 4.750% 7/31/25
Income Debit 8,978.02- USD
-8,978.02
Asset Income Interest Earned On
Bank New York Mtn 4.947% 4/26/27
0.024735 USD/$1 Pv On 700,000 Par Value Due 4/26/24
17,314.50
Purchase Purchased 800,000 Par Value Of
Public Service Mtn 3.650% 9/01/28
Trade Date 4/25/24
-752,432.00 752,432.00
Purchased Through J.P. Morgan Securities LLC
Purchased On The Marketaxess Corporation
Swift External Ref#: 8411603133557365
800,000 Par Value At 94.054 %
04/29/24
04/29/24
04/29/24
04/30/24
Purchase Accrued Interest
Asset Income
Paid Accrued Interest On Purchase Of
Public Service Mtn 3.650% 9/01/28
Income Debit 4,704.44- USD
-4,704.44
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 4/28/24
Asset Income Interest Earned On
Morgan Stanley Mtn 2.188% 4/28/26
0.01094 USD/$1 Pv On 35,000 Par Value Due 4/28/24
382.90
Purchase Purchased 800,000 Par Value Of
U S Treasury Nt 4.875% 4/30/26
Trade Date 4/24/24
Purchased Through J.P. Morgan Securities LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8411503133553884
800,000 Par Value At 99.890625 %
-799,125.00 799,125.00
693,525.0004/30/24 Purchase Purchased 700,000 Par Value Of F H L B Deb 4.500% 3/09/29
-693,525.00
Trade Date 4/29/24
Purchased Through Deutsche Bank Securities, Inc.
Purchased On The Marketaxess Corporation
Swift External Ref#: 8412003133561776
700,000 Par Value At 99.075 %
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 115
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/30/24
04/30/24
Purchase Accrued Interest Paid Accrued Interest On Purchase Of F H L B Deb 4.500% 3/09/29
Income Debit 4,462.50- USD
-4,462.50
Purchase Purchased 800,000 Par Value Of
U S Treasury Nt 4.625% 4/30/29
Trade Date 4/29/24
Purchased Through J.P. Morgan Securities LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8412003133562154
800,000 Par Value At 99.8515625 %
-798,812.50
-838,876.95
798,812.50
04/30/24 Purchase Purchased 850,000 Par Value Of 838,876.95 U S Treasury Nt 4.250% 12/31/25
Trade Date 4/29/24
Purchased Through Nomura Securities Internationa
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8412003133562503
850,000 Par Value At 98.69140588 %
04/30/24
04/30/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.250% 12/31/25
Income Debit 12,008.59- USD
-12,008.59
Purchased 850,000 Par Value Of -842,164.06 842,164.06
U S Treasury Nt 4.500% 7/15/26
Trade Date 4/29/24
Purchased Through J.P. Morgan Securities LLC
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8412003133562519
850,000 Par Value At 99.07812471 %
04/30/24
04/30/24
04/30/24
Purchase Accrued Interest
Asset Income
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.500% 7/15/26
Income Debit 11,138.74- USD
-11,138.74
1,787.50
93.75 Interest Earned On
Pepsico Inc 2.750% 4/30/25
0.01375 USD/$1 Pv On 130,000 Par Value Due 4/30/24
Asset Income Interest Earned On
U S Treasury Nt 0.250% 10/31/25
0.00125 USD/$1 Pv On 75,000 Par Value Due 4/30/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 116
Menifee Mayor and City Council
September 4, 2024
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
04/30/24
04/30/24
04/30/24
04/30/24
Asset Income
Asset Income
Asset Income
Purchase
Interest Earned On
U S Treasury Nt 1.625% 10/31/26
0.008125 USD/$1 Pv On 200,000 Par Value Due 4/30/24
1,625.00
Interest Earned On
U S Treasury Nt 3.500% 4/30/28
0.0175 USD/$1 Pv On 815,000 Par Value Due 4/30/24
14,262.50
17,531.25Interest Earned On
U S Treasury Nt 4.125% 10/31/27
0.020625 USD/$1 Pv On 850,000 Par Value Due 4/30/24
Purchased 700,000 Par Value Of
Cisco Sys Inc 4.800% 2/26/27
-694,694.00 694,694.00
Trade Date 4/30/24
Purchased Through BofA Securities, Inc.
Purchased On The Marketaxess Corporation
Swift External Ref#: 8412103133567060
700,000 Par Value At 99.242 %
04/30/24
04/30/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
Cisco Sys Inc 4.800% 2/26/27
Income Debit 5,973.33- USD
-5,973.33
Purchased 800,000 Par Value Of -780,218.75 780,218.75
U S Treasury Nt 2.875% 5/31/25
Trade Date 4/30/24
Purchased Through Nomura Securities Internationa
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8412103133566810
800,000 Par Value At 97.52734375 %
04/30/24
04/30/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 2.875% 5/31/25
Income Debit 9,551.91- USD
-9,551.91
Purchased 6,000,000 Par Value Of
U S Treasury Bill 5/09/24
-5,992,104.75 5,992,104.75
Trade Date 4/30/24
Purchased Through Nomura Securities Internationa
Purchased On The Off-Exchange Transactions - Li
Swift External Ref#: 8412103133567087
6,000,000 Par Value At 99.8684125 %
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 117
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
Purchase
Sale
Combined Purchases For The Period 4/ 1/24 - 4/30/24 Of
Federated Hermes Govt Obligs Is
-50,026,251.30 50,026,251.30
Combined Sales For The Period 4/ 1/24 - 4/30/24 Of
Federated Hermes Govt Obligs Is
49,670,801.02 -49,670,801.02
Ending Balance 04/30/2024 $0.00 $60,801,610.73
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 118
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024
SALE/MATURITY SUMMARY
Settlement Estimated
Date Description Tax Cost
-873.88
-83.44
Proceeds Gain/Loss
Taxable Bonds
Bmw Veh Owner Tr
A B S Ser 2022 A Cl A 3
08/25/2026
BVO3226
Var
04/25/24 Paid Down 873.93
Par Value
Trade Date 4/25/24
873.93 0.05
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
04/25/24 Paid Down 77.57 Par
Value
77.57 -5.87
Trade Date 4/25/24
F H L M C Multiclass Mtg Partn
C M O Ser K040 Cl A2
3.241 09/25/2024
FHL3224
04/25/24 Paid Down 517.58
Par Value
-544.91 517.58 -27.33
Trade Date 4/25/24
F H L M C Multiclass Mtg Partn
C M O Ser K047 Cl A2
3.329 05/25/2025
FHL3325A
04/25/24 Paid Down 21.31 Par
Value
-21.90 21.31 -0.59
Trade Date 4/25/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 119
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
F H L M C Multiclass Mtg Partn
C M O Ser K728 Cl A2
08/25/2024
FHL3024
Var
04/25/24
04/22/24
04/16/24
04/16/24
Paid Down 28.43 Par
Value
Trade Date 4/25/24
-28.93 28.43
3,368.21
517.50
-0.50
Gm Fin Auto Lsng Tr
A B S Ser 2022 1 Cl A 3
1.900 03/20/2025
GFA1925
Paid Down 3,368.21
Par Value
Trade Date 4/20/24
-3,368.18
-517.45
-460.28
0.03 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 517.5 Par
Value
Trade Date 4/16/24
Gm Fin Cons Auto Rec Tr
A B S Ser 2021 4 Cl A 3
0.680 09/16/2026
GFC0626
Paid Down 460.29
Par Value
460.29
Trade Date 4/16/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 120
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 SALE/MATURITY SUMMARY (continued)
Settlement Estimated
Date Description Tax Cost Proceeds Gain/Loss
Honda Auto Rec Ownr Tr
A B S Ser 2022 1 Cl A 3
1.880 05/15/2026
HAR1826
04/15/24 Paid Down 5,686.33
Par Value
-5,469.76 5,686.33 216.57
Trade Date 4/15/24
Honda Auto Rec Ownr Tr 2021 4
A B S Ser 2021 4 Cl A3
01/21/2026
HAR0826
Var
04/22/24
04/22/24
04/15/24
Paid Down 489.59
Par Value
Trade Date 4/21/24
-489.49
-646.42
489.59 0.10
0.01 Honda Auto Receivables
A B S Ser 2021 1 Cl A3
0.270 04/21/2025
43813GAC5
Paid Down 646.43
Par Value
Trade Date 4/21/24
646.43
Hyundai Auto Rec Tr
A B S Ser 2021 C Cl A3
0.740 05/15/2026
HAR0726
Paid Down 1,083.38
Par Value
-1,067.86 1,083.38 15.52
Trade Date 4/15/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 121
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 SALE/MATURITY SUMMARY (continued)
Settlement Estimated
Date Description Tax Cost Proceeds Gain/Loss
Hyundai Auto Rec Tr
A B S Ser 2022 A Cl A3
10/15/2026
HAR2226
Var
04/15/24 Paid Down 1,467.17
Par Value
-1,467.11 1,467.17 0.06
Trade Date 4/15/24
John Deere Own
A B S Ser 2021 B Cl A 3
03/16/2026
JDO0926
Var
04/15/24
04/15/24
04/15/24
Paid Down 705.34
Par Value
Trade Date 4/15/24
-705.28
-454.06
705.34 0.06
0.10 John Deere Owner Tr
A B S Ser 2022 Cl A 3
09/15/2026
JDO2326
Var
Paid Down 454.16
Par Value
Trade Date 4/15/24
454.16
Toyota Auto Rec Own Tr
A B S Ser 2021 D Cl A 3
04/15/2026
TAR0726
Var
Paid Down 3,669.79
Par Value
-3,456.05 3,669.79 213.74
Trade Date 4/15/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 122
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 SALE/MATURITY SUMMARY (continued)
Settlement Estimated
Date Description Tax Cost Proceeds Gain/Loss
Toyota Auto Recv Tr
A B S Ser 2021 A Cl A3
0.260 05/15/2025
TAR0325A
04/15/24 Paid Down 1,112.84
Par Value
-1,112.63 1,112.84 0.21
Trade Date 4/15/24
Total Taxable Bonds -$20,767.63
-$20,767.63
$21,179.85
$21,179.85
$412.22
$412.22Total Sales & Maturities
SALE/MATURITY SUMMARY MESSAGES
Estimated Year-To-Date Short-Term Gain (Loss): $221.43
Estimated Year-To-Date Long-Term Gain (Loss): ($6,587.97) Estimates should not be used for tax purposes
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 123
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024
BOND SUMMARY
Percentage of
CategoryPar Value Market Value
MATURITY
2024
2025
2026
2027
2028
2029
485,642.31
7,087,090.34
11,868,282.24
13,560,000.00
10,770,000.00
11,760,000.00
481,321.84
6,924,304.74
11,539,152.83
13,133,677.05
10,480,605.10
11,521,405.50
0.89 12.81
21.34 24.29
19.37 21.30
Total of Category $55,531,014.89 $54,080,467.06 100.00
MOODY'S RATING
Aaa
Aa2
Aa3
A1
A2
A3
36,670,683.35
55,000.00
35,714,921.45
50,987.45
66.05 0.09
0.16 16.40
4.90 7.27
90,000.00 85,950.95
9,097,000.00
2,695,000.00
4,065,000.00
8,871,573.99
2,650,780.40
3,934,213.35
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 124
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 April 1, 2024 to April 30, 2024 BOND SUMMARY (continued)
Percentage of
CategoryPar Value Market Value
N/A 2,858,331.54 2,772,039.47 5.13
Total of Category $55,531,014.89 $54,080,467.06 100.00
S&P RATING
AAA
AA+
AA
AA-
A+
A
A-
N/A
1,158,835.04
5,450,000.00
115,000.00
1,119,759.28
5,344,597.85
106,182.05
2.07 9.88
0.20 1.28
4.73 13.07
9.56 59.21
700,000.00 694,099.00
2,595,000.00
7,225,000.00
5,367,000.00
32,920,179.85
2,560,286.30
7,063,879.75
5,169,059.04
32,022,603.79
Total of Category $55,531,014.89 $54,080,467.06 100.00
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 - June 2024
Item Page Number: 125
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September 4, 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 - June 2024
Item Page Number: 126
Menifee Mayor and City Council
September 4, 2024
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159 of 489
020018
-UC-122
U.S. Bank
1555 N. Rivercenter Dr.
Suite 300
Milwaukee, WI 53212
000016367 07 SP
CITY OF MENIFEE
000638706724977 S
FINANCE DEPARTMENT
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 127
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0220052-00-04007-04
QUESTIONS? ACCOUNT NUMBER: 6736302020
CITY OF MENIFEEIf you have any questions regarding your account or this statement, please contact your Administrator.
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 May 1, 2024 to May 31, 2024 000016648 07 SP
CITY OF MENIFEE
000638726688690 S
FINANCE DEPARTMENT
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
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September 4, 2024
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Treasurer's Report - June 2024
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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 28
43 50
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 130
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
MARKET VALUE SUMMARY
Current Period
05/01/24 to 05/31/24
Beginning Market Value $60,494,946.30
Taxable Interest 14,204.16
2,207,307.91
-153,889.00
565,432.67
Cash Receipts
Long Term Gains/Losses
Change in Investment Value
Assets Received 62,657,760.00
Ending Market Value $125,785,762.04
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 132
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September 4, 2024
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CITY OF MENIFEE Page 2 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET SUMMARY
Current Period
Market Value
% of
Total
Estimated
Annual IncomeAssets
Cash & Equivalents
Taxable Bonds
3,706,281.84 2.90 192,386.09
122,079,480.20 97.10 3,361,367.31
Total Market Value $125,785,762.04 100.00 $3,553,753.40 Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 133
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September 4, 2024
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CITY OF MENIFEE Page 3 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
INCOME SUMMARY
Income Received
Current Period
Taxable Interest 14,204.16
Total Current Period Income $14,204.16
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 134
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
CASH SUMMARY
Cash
$0.00Beginning Cash 05/01/2024
Taxable Interest
Cash Receipts
Purchases
14,204.16
2,207,307.91
-12,890,681.23
13,953,951.76
-3,284,782.60
Sales
Net Money Market Activity
Ending Cash 05/31/2024 $0.00
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 135
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Cash & Equivalents
Cash/Money Market
Federated Hermes Govt Obligs Is - 60934N104
#5
3,706,281.840 1.0000 3,706,281.84 3,706,281.84 0.00 2.9 192,386.09 5.19 Total Cash/Money Market $3,706,281.84 $3,706,281.84 $0.00 2.9 $192,386.09 Total Cash & Equivalents $3,706,281.84 $3,706,281.84 $0.00 2.9 $192,386.09 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
33,769.020 99.0190
97.4430
94.8330
94.0860
33,437.75
77,954.40
75,866.40
70,564.50
36,325.43
79,938.40
79,736.00
74,777.85
-2,887.68
-1,984.00
-3,869.60
-4,213.35
0.0 0.1
0.1 0.1
1,070.82
1,200.00
300.00
3.20 1.54
0.39 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 88.7910 119,867.85 116,263.48 3,604.37 0.1 2,741.85 2.29 Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 136
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September 4, 2024
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169 of 489
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CITY OF MENIFEE Page 6 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
F H L M C Multiclass Mtg Partn - 3137BEVH4
C M O Ser K040 Cl A2
3.241 09/25/2024
13,104.140 99.2750
98.5700
98.0190
97.9240
97.6540
96.7570
96.2100
95.2810
13,009.13
14,785.50
34,214.46
58,754.40
24,413.50
120,946.25
67,347.00
114,337.20
13,796.21
15,140.63
35,876.78
63,807.81
26,792.97
121,166.99
67,000.39
116,042.97
-787.08
-355.13
0.0 0.0
0.0 0.0
0.0 0.1
0.1 0.1
424.71
400.50
3.26 2.71
3.40 3.35
3.41 3.09
2.85 2.65
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
34,905.950 -1,662.32
-5,053.41
-2,379.47
-220.74
1,162.02
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
70,000.000 346.61
F H L M C Multiclass Mtg Partn - 3137BQYS0
C M O Ser K056 Cl A2
2.525 05/25/2026
120,000.000 -1,705.77
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 137
Menifee Mayor and City Council
September 4, 2024
Page
170 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 7 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
F H L M C Multiclass Mtg Partn - 3137BSP72
C M O Ser K058 Cl A2
2.653 08/25/2026
125,000.000 94.8160
96.0160
96.0340
94.6560
94.7990
96.0280
99.3340
94.4270
118,520.00
67,211.20
67,223.80
94,656.00
28,439.70
1,440,420.00
15,349.66
118,033.75
118,955.08
67,716.80
67,711.33
95,941.41
28,566.80
1,436,718.75
15,723.01
117,695.31
-435.08
-505.60
-487.53
-1,285.41
-127.10
3,701.25
-373.35
338.44
0.1 0.1
0.1 0.1
0.0 1.1
0.0 0.1
3,316.25
2,389.10
2,401.00
3,187.00
990.90
2.80 3.55
3.57 3.37
3.48 4.06
3.08 2.67
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
F H L M C Multiclass Mtg Partn - 3137FJEH8
C M O Ser K081 Cl A2
08/25/2028 Var
1,500,000.000 58,500.00
473.47
F H L M C Multiclass Mtg Partn - 3137FBTA4
C M O Ser K728 Cl A2
08/25/2024 Var
15,452.570
F H L M C Multiclass Mtg Partn - 3137FQXJ7
C M O Ser K737 Cl A2
2.525 10/25/2026
125,000.000 3,156.25
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 138
Menifee Mayor and City Council
September 4, 2024
Page
171 of 489
20252
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0220052-00-04007-04
CITY OF MENIFEE Page 8 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
F N M A - 3135G05X7
0.375 08/25/2025
75,000.000 94.4280
95.3590
93.8090
97.8760
98.6360
96.0470
95.4020
91.9080
97.6530
98.2950
70,821.00
66,751.30
74,807.25
69,954.40
-3,986.25
-3,203.10
-3,791.45
-2,700.05
-835.10
0.1 0.1
0.0 0.1
0.1 0.0
3.0 3.7
0.2 0.2
281.25
350.00
0.40 0.52
0.53 1.66
1.65 0.65
0.68 0.87
1.79 3.94
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 60,975.85 64,767.30 325.00
F N M A - 3135G0X24
1.625 01/07/2025
65,000.000 63,619.40 66,319.45 1,056.25
1,137.50
406.25
F N M A - 3135G0W66
1.625 10/15/2024
70,000.000 69,045.20 69,880.30
F N M A Deb - 3135G03U5
0.625 04/22/2025
65,000.000 62,430.55 64,866.10 -2,435.55
-183,920.00
-382,100.00
5,605.60
Federal Farm Credit Bks - 3133EMF98
0.650 06/09/2025
4,000,000.000 3,816,080.00
4,595,400.00
214,836.60
206,419.50
4,000,000.00
4,977,500.00
209,231.00
209,202.00
26,000.00
40,000.00
3,850.00
8,137.50
Federal Farm Credit Bks - 3133EML67
0.800 06/22/2026
5,000,000.000
Federal Farm Credit Bks - 3133ENPG9
1.750 02/14/2025
220,000.000
Federal Farm Credit Bks - 3133EN7J3
3.875 02/02/2026
210,000.000 -2,782.50
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 139
Menifee Mayor and City Council
September 4, 2024
Page
172 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 9 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Federal Farm Credit Bks - 3133EPGW9
3.875 04/25/2028
150,000.000 97.4550
98.9070
98.9020
99.4140
99.3690
99.6700
100.7990
96.3610
94.6270
95.6240
146,182.50
74,180.25
150,753.00
74,100.00
-4,570.50
80.25 0.1
0.1 0.2
0.6 0.6
0.1 0.6
3.8 3.0
3.8 5,812.50
3,187.50
3.98 4.30
4.30 4.40
4.53 4.51
4.71 0.65
0.74 0.78
Federal Farm Credit Bks - 3133EPSK2
4.250 08/07/2028
75,000.000
Federal Farm Credit Bks - 3133EPN50
4.250 12/15/2028
270,000.000 267,035.40
695,898.00
695,583.00
94,686.50
272,999.70
689,017.00
693,700.00
93,915.10
-5,964.30
6,881.00
1,883.00
771.40
11,475.00
30,625.00
31,500.00
4,275.00
Federal Farm Credit Bks - 3133ERAK7
4.375 04/10/2029
700,000.000
Federal Farm Credit Bks - 3133EP6K6
4.500 03/26/2027
700,000.000
Federal Farm Credit Bks - 3133EPWK7
4.500 09/22/2028
95,000.000
Federal Farm Credit Bks - 3133ERDH1
4.750 04/30/2029
700,000.000 705,593.00
4,818,050.00
3,785,080.00
4,781,200.00
706,132.00
5,000,000.00
4,000,000.00
5,000,000.00
-539.00 33,250.00
31,250.00
28,000.00
37,500.00
Federal Home Loan Bks - 3130AMST0
0.625 03/24/2025
5,000,000.000 -181,950.00
-214,920.00
-218,800.00
Federal Home Loan Bks - 3130AMQ54
0.700 09/16/2025
4,000,000.000
Federal Home Loan Bks - 3130AMX31
0.750 06/30/2025
5,000,000.000
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 140
Menifee Mayor and City Council
September 4, 2024
Page
173 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 10 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Federal Home Loan Bks - 3130AMM33
0.875 07/16/2026
5,000,000.000 92.2120
92.3190
92.4170
97.8680
98.5910
99.4190
99.6330
99.9700
99.5860
103.1990
4,610,600.00
4,615,950.00
4,620,850.00
34,253.80
5,000,000.00
5,000,000.00
5,000,000.00
37,003.05
-389,400.00
-384,050.00
-379,150.00
-2,749.25
-7,092.00
-167.25
3.7 3.7
3.7 0.0
0.2 0.2
0.6 0.2
0.2 0.7
43,750.00
50,000.00
52,500.00
831.25
0.95 1.08
1.14 2.43
4.31 4.40
4.52 4.50
4.64 5.09
Federal Home Loan Bks - 3130AMT28
1.000 06/30/2026
5,000,000.000
Federal Home Loan Bks - 3130AMWZ1
1.050 06/30/2026
5,000,000.000
Federal Home Loan Bks - 3130A4CH3
2.375 03/14/2025
35,000.000
Federal Home Loan Bks - 3130ATUS4
4.250 12/10/2027
200,000.000 197,182.00
223,692.75
697,431.00
189,943.00
209,130.60
825,592.00
204,274.00
223,860.00
693,525.00
196,165.50
210,808.50
821,031.25
8,500.00
9,843.75
31,500.00
8,550.00
9,712.50
42,000.00
Federal Home Loan Bks - 3130AWTR1
4.375 09/08/2028
225,000.000
Federal Home Loan Bks - 3130AVBD3
4.500 03/09/2029
700,000.000 3,906.00
Federal Home Loan Bks - 3130ATS57
4.500 03/10/2028
190,000.000 -6,222.50
-1,677.90
4,560.75
Federal Home Loan Bks - 3130ATUR6
4.625 12/13/2024
210,000.000
U S Treasury Bond - 912810FG8
5.250 02/15/2029
800,000.000
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 141
Menifee Mayor and City Council
September 4, 2024
Page
174 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 11 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
U S Treasury Note - 91282CAM3
0.250 09/30/2025
70,000.000 93.8790
93.5350
93.3830
96.2380
92.8010
91.5080
97.4900
98.4660
92.9100
96.4060
65,715.30
70,151.25
68,476.95
73,986.33
-2,761.65
-3,835.08
0.1 0.1
0.1 3.8
3.0 0.1
2.3 2.3
0.1 2.3
175.00
187.50
0.27 0.27
0.40 0.52
0.81 0.96
1.41 1.52
1.75 2.07
U S Treasury Note - 91282CAT8
0.250 10/31/2025
75,000.000
U S Treasury Note - 91282CAZ4
0.375 11/30/2025
70,000.000 65,368.10 68,744.92 -3,376.82 262.50
U S Treasury Note - 912828ZF0
0.500 03/31/2025
5,000,000.000 4,811,900.00
3,712,040.00
109,809.60
2,924,700.00
2,953,980.00
185,820.00
2,892,180.00
4,984,375.00
3,998,750.00
118,806.25
3,091,875.00
3,111,562.50
184,765.63
3,175,312.50
-172,475.00
-286,710.00
-8,996.65
25,000.00
30,000.00
1,050.00
41,250.00
45,000.00
3,250.00
60,000.00
U S Treasury Note - 91282CBT7
0.750 03/31/2026
4,000,000.000
U S Treasury Note - 91282CCZ2
0.875 09/30/2026
120,000.000
U S Treasury Note - 912828Z52
1.375 01/31/2025
3,000,000.000 -167,175.00
-157,582.50
1,054.37
U S Treasury Note - 912828YM6
1.500 10/31/2024
3,000,000.000
U S Treasury Note - 912828YQ7
1.625 10/31/2026
200,000.000
U S Treasury Note - 912828K74
2.000 08/15/2025
3,000,000.000 -283,132.50
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 142
Menifee Mayor and City Council
September 4, 2024
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CITY OF MENIFEE Page 12 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
U S Treasury Note - 912828U24
2.000 11/15/2026
870,000.000 93.6800
93.8320
96.1170
95.9410
96.2540
97.5090
94.4530
97.7610
95.4610
94.3360
815,016.00
750,656.00
1,922,340.00
767,528.00
770,032.00
780,072.00
769,791.95
782,088.00
792,326.30
141,504.00
812,147.27
748,375.00
2,140,625.00
765,630.86
767,375.00
778,218.75
765,901.95
780,218.75
791,964.07
143,970.70
2,868.73
2,281.00
-218,285.00
1,897.14
2,657.00
1,853.25
3,890.00
1,869.25
362.23
0.6 0.6
1.5 0.6
0.6 0.6
0.6 0.6
0.6 0.1
17,400.00
18,000.00
45,000.00
20,000.00
21,000.00
22,000.00
22,412.50
23,000.00
25,937.50
4,687.50
2.13 2.40
2.34 2.61
2.73 2.82
2.91 2.94
3.27 3.31
U S Treasury Note - 912828V98
2.250 02/15/2027
800,000.000
U S Treasury Note - 912828M56
2.250 11/15/2025
2,000,000.000
U S Treasury Note - 9128286F2
2.500 02/28/2026
800,000.000
U S Treasury Note - 9128286A3
2.625 01/31/2026
800,000.000
U S Treasury Note - 912828XZ8
2.750 06/30/2025
800,000.000
U S Treasury Note - 91282CFB2
2.750 07/31/2027
815,000.000
U S Treasury Note - 9128284R8
2.875 05/31/2025
800,000.000
U S Treasury Note - 91282CFH9
3.125 08/31/2027
830,000.000
U S Treasury Note - 9128285M8
3.125 11/15/2028
150,000.000 -2,466.70
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 143
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September 4, 2024
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CITY OF MENIFEE Page 13 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
U S Treasury Note - 91282CEW7
3.250 06/30/2027
815,000.000 96.0230
96.1720
97.6720
96.5860
96.7890
97.6060
98.2150
97.8090
98.5000
98.3050
782,587.45
783,801.80
781,376.00
787,175.90
861,422.10
829,651.00
785,720.00
806,924.25
807,700.00
786,440.00
786,333.79
784,646.88
780,187.50
787,623.25
858,566.41
824,931.64
782,968.75
802,336.91
810,386.72
780,781.25
-3,746.34
-845.08
0.6 0.6
0.6 0.6
0.7 0.7
0.6 0.6
0.6 0.6
26,487.50
28,525.00
29,000.00
29,543.75
33,375.00
32,937.50
32,000.00
33,000.00
32,800.00
33,000.00
3.38 3.64
3.71 3.75
3.87 3.97
4.07 4.09
4.06 4.20
U S Treasury Note - 91282CHA2
3.500 04/30/2028
815,000.000
U S Treasury Note - 91282CHB0
3.625 05/15/2026
800,000.000 1,188.50
-447.35
U S Treasury Note - 91282CHE4
3.625 05/31/2028
815,000.000
U S Treasury Note - 91282CJR3
3.750 12/31/2028
890,000.000 2,855.69
4,719.36
2,751.25
4,587.34
-2,686.72
5,658.75
U S Treasury Note - 91282CGC9
3.875 12/31/2027
850,000.000
U S Treasury Note - 91282CJT9
4.000 01/15/2027
800,000.000
U S Treasury Note - 91282CJW2
4.000 01/31/2029
825,000.000
U S Treasury Note - 91282CGA3
4.000 12/15/2025
820,000.000
U S Treasury Note - 91282CKG5
4.125 03/31/2029
800,000.000
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 144
Menifee Mayor and City Council
September 4, 2024
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CITY OF MENIFEE Page 14 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
U S Treasury Note - 91282CHH7
4.125 06/15/2026
800,000.000 98.5820
98.3630
98.4490
98.4100
98.8520
98.8870
98.9220
98.8440
99.0590
99.3010
788,656.00
777,067.70
787,592.00
836,485.00
790,816.00
840,539.50
840,837.00
840,174.00
792,472.00
794,408.00
786,781.25
773,639.07
790,265.63
838,468.75
789,312.50
838,150.40
839,707.03
838,876.95
791,375.00
791,476.57
1,874.75
3,428.63
-2,673.63
-1,983.75
1,503.50
2,389.10
1,129.97
1,297.05
1,097.00
2,931.43
0.6 0.6
0.6 0.7
0.6 0.7
0.7 0.7
0.6 0.6
33,000.00
32,587.50
33,000.00
35,062.50
34,000.00
36,125.00
36,125.00
36,125.00
35,000.00
35,000.00
4.18 4.19
4.19 4.19
4.30 4.30
4.30 4.30
4.42 4.41
U S Treasury Note - 91282CHQ7
4.125 07/31/2028
790,000.000
U S Treasury Note - 91282CFM8
4.125 09/30/2027
800,000.000
U S Treasury Note - 91282CFU0
4.125 10/31/2027
850,000.000
U S Treasury Note - 91282CJV4
4.250 01/31/2026
800,000.000
U S Treasury Note - 91282CKD2
4.250 02/28/2029
850,000.000
U S Treasury Note - 91282CFP1
4.250 10/15/2025
850,000.000
U S Treasury Note - 91282CJS1
4.250 12/31/2025
850,000.000
U S Treasury Note - 91282CHU8
4.375 08/15/2026
800,000.000
U S Treasury Note - 91282CHX2
4.375 08/31/2028
800,000.000
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 145
Menifee Mayor and City Council
September 4, 2024
Page
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CITY OF MENIFEE Page 15 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
U S Treasury Note - 91282CJN2
4.375 11/30/2028
850,000.000 99.3630
99.1130
99.2770
99.5160
99.3130
99.4570
100.4840
99.5780
99.9650
844,585.50
792,904.00
843,854.50
796,128.00
844,160.50
795,656.00
803,872.00
796,624.00
839,308.59
790,250.00
842,828.13
793,125.00
842,164.06
794,500.00
798,812.50
796,187.50
5,276.91
2,654.00
1,026.37
3,003.00
1,996.44
1,156.00
5,059.50
436.50
0.7 0.6
0.7 0.6
0.7 0.6
0.6 0.6
37,187.50
35,000.00
38,250.00
36,000.00
38,250.00
37,000.00
37,000.00
38,000.00
4.40 4.41
4.53 4.52
4.53 4.65
4.60 4.77
4.88 U S Treasury Note - 91282CJP7
4.375 12/15/2026
800,000.000
U S Treasury Note - 91282CKH3
4.500 03/31/2026
850,000.000
U S Treasury Note - 91282CKJ9
4.500 04/15/2027
800,000.000
U S Treasury Note - 91282CHM6
4.500 07/15/2026
850,000.000
U S Treasury Note - 91282CKB6
4.625 02/28/2026
800,000.000
U S Treasury Note - 91282CKP5
4.625 04/30/2029
800,000.000
U S Treasury Note - 91282CHN4
4.750 07/31/2025
800,000.000
U S Treasury Note - 91282CKK6
4.875 04/30/2026
800,000.000 799,720.00 799,125.00 595.00 0.6 39,000.00
Total US Government Issues $93,792,214.35 $97,413,705.76 -$3,621,491.41 74.6 $2,067,094.27 Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 146
Menifee Mayor and City Council
September 4, 2024
Page
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CITY OF MENIFEE Page 16 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Corporate Issues
Ace Ina Holding - 00440EAS6
3.150 03/15/2025
50,000.000 98.2100
92.6090
49,105.00
55,565.40
51,448.00
59,740.80
-2,343.00
-4,175.40
0.0 0.0
1,575.00
600.00
3.21 1.08
Amazon Com Inc - 023135BX3
1.000 05/12/2026
60,000.000
American Honda Fin Corp - 02665WED9
Medium Term Note
4.700 01/12/2028
130,000.000 98.9200
99.4680
128,596.00
596,808.00
131,033.50
595,380.00
-2,437.50
1,428.00
0.1 0.5
6,110.00 4.75
4.93 American Honda Finance - 02665WFD8
Medium Term Note
4.900 03/12/2027
600,000.000 29,400.00
American Honda Finance - 02665WFE6
Medium Term Note
4.900 03/13/2029
850,000.000 99.2130
93.7440
97.1020
843,310.50
23,436.00
97,102.00
843,616.50
25,621.00
96,949.00
-306.00
-2,185.00
153.00
0.7 0.0
0.1 41,650.00
512.50
4.94 2.19
3.35 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 95.5030
99.2820
38,201.20
29,784.60
40,105.60
30,000.00
-1,904.40
-215.40
0.0 0.0
527.60 1.38
5.12 Bank America Corp - 06051GLE7
Medium Term Note
5.080 01/20/2027
30,000.000 1,524.00
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 147
Menifee Mayor and City Council
September 4, 2024
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CITY OF MENIFEE Page 17 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Bank New York Mellon Corp - 06406RBQ9
Medium Term Note
4.947 04/26/2027
700,000.000 99.2070
96.4700
96.1380
694,449.00
361,762.50
72,103.50
694,316.00
360,118.45
71,563.50
133.00
1,644.05
540.00
0.6 0.3
0.1 34,629.00
13,346.25
2,868.00
4.99 3.69
3.98 Bank Of America Corp - 06051GHT9
Medium Term Note
3.559 04/23/2027
375,000.000
Bank Of America Corp - 06051GGF0
Medium Term Note
3.824 01/20/2028
75,000.000
Bank Of America Corp - 06051GHG7
Medium Term Note
3.970 03/05/2029
1,050,000.000 95.2350
93.5830
999,967.50
42,112.35
992,729.50
44,991.45
7,238.00
-2,879.10
0.8 0.0
41,685.00
1,035.00
4.17 2.46
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
10,188.250 98.4560
99.7900
98.5500
10,030.94
108,899.83
44,347.50
10,187.72
109,326.40
45,481.50
-156.78
-426.57
0.0 0.1
0.0 327.04
5,631.06
967.50
3.26 5.17
2.18 Bmw Vehicle Lease - 05593AAC3
A B S Ser 2023 1 Cl A 3
5.160 11/25/2025
109,129.000
Caterpillar Finl Service - 14913Q3B3
Medium Term Note
2.150 11/08/2024
45,000.000 -1,134.00
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 148
Menifee Mayor and City Council
September 4, 2024
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CITY OF MENIFEE Page 18 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Caterpillar Finl Svcs - 14913R3B1
Medium Term Note
4.800 01/06/2026
80,000.000 99.4820 79,585.60 79,988.80 -403.20 0.1 3,840.00 4.82 Caterpillar Finl Svcs - 14913UAJ9
Medium Term Note
4.850 02/27/2029
1,300,000.000 99.6680
92.9170
93.6380
99.6960
95.4730
1,295,684.00
23,229.25
79,592.30
697,872.00
19,094.60
1,290,499.00
24,991.70
80,783.15
694,694.00
19,535.80
5,185.00
-1,762.45
-1,190.85
3,178.00
-441.20
1.0 0.0
0.1 0.6
0.0 63,050.00
612.50
4.87 2.64
3.42 4.81
3.14 Charles Schwab Corp - 808513BY0
2.450 03/03/2027
25,000.000
Charles Schwab Corp - 808513AU9
3.200 01/25/2028
85,000.000 2,720.00
33,600.00
600.00
Cisco Sys Inc - 17275RBQ4
4.800 02/26/2027
700,000.000
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 98.5820
94.9390
69,007.40
33,228.65
69,267.10
36,755.95
-259.70 0.1
0.0 2,835.00
1,032.50
4.11 3.11
Duke Energy Carolinas - 26442CAS3
2.950 12/01/2026
35,000.000 -3,527.30
Gm Fin Cons Auto Rec - 380146AC4
A B S Ser 2022 1 Cl A3
1.260 11/16/2026
5,865.530 97.8350 5,738.54 5,865.01 -126.47 0.0 73.91 1.29 Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 149
Menifee Mayor and City Council
September 4, 2024
Page
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CITY OF MENIFEE Page 19 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Gm Fin Cons Auto Rec Tr - 362554AC1
A B S Ser 2021 4 Cl A 3
0.680 09/16/2026
4,922.800 97.4760
99.7800
4,798.55 4,922.66 -124.11 0.0
0.6 33.48 0.70
4.91 Home Depot Inc - 437076CW0
4.900 04/15/2029
750,000.000 748,350.00 742,725.00 5,625.00 36,750.00
Honda Auto Rec Owner - 437930AC4
A B S Ser 2024 2 Cl A 3
5.270 11/20/2028
210,000.000 99.9340
97.8980
97.8330
209,861.40
62,879.10
4,367.35
209,974.48
61,782.91
4,463.14
-113.08
1,096.19
-95.79
0.2 0.0
0.0 11,067.00
1,207.51
39.28 5.27
1.92 0.90
Honda Auto Rec Ownr Tr - 43815BAC4
A B S Ser 2022 1 Cl A 3
1.880 05/15/2026
64,229.200
Honda Auto Rec Ownr Tr 2021 4 - 43815GAC3
A B S Ser 2021 4 Cl A3
01/21/2026 Var
4,464.090
Honda Auto Receivables - 43813GAC5
A B S Ser 2021 1 Cl A3
0.270 04/21/2025
40.260 99.6930
94.3690
40.14 40.26 -0.12 0.0
0.1 0.11 0.27
2.65 Honeywell International - 438516BL9
2.500 11/01/2026
140,000.000 132,116.60 131,150.60 966.00 3,500.00
Hyundai Auto Rec Tr - 44935FAD6
A B S Ser 2021 C Cl A3
0.740 05/15/2026
8,555.820 98.1190
98.0740
8,394.89 8,433.20 -38.31 0.0
0.0 63.31 0.75
2.26 Hyundai Auto Rec Tr - 448977AD0
A B S Ser 2022 A Cl A3
10/15/2026 Var
17,130.210 16,800.28 17,129.55 -329.27 380.29
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 150
Menifee Mayor and City Council
September 4, 2024
Page
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CITY OF MENIFEE Page 20 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
John Deere Capital Corporation - 24422EXH7
Medium Term Note
4.500 01/16/2029
1,550,000.000 98.0040
97.9480
99.5850
98.1090
99.4170
1,519,062.00
4,912.14
1,509,761.00
5,014.60
9,301.00
-102.46
-101.81
-110.80
-112.96
1.2 0.0
0.0 0.0
0.0 69,750.00
26.08 4.59
0.53 5.11
2.36 5.04
John Deere Own - 47789QAC4
A B S Ser 2021 B Cl A 3
03/16/2026 Var
5,015.050
25,000.000
5,928.740
John Deere Owner - 47800BAC2
A B S Ser 2022 C Cl A 3
5.090 06/15/2027
24,896.25
5,816.63
24,998.06
5,927.43
1,272.50
137.55
John Deere Owner Tr - 47787JAC2
A B S Ser 2022 Cl A 3
09/15/2026 Var
John Deere Owner Trust - 47800CAC0
A B S Ser 2023 A Cl A3
5.010 11/15/2027
20,000.000 19,883.40 19,996.36 1,002.00
John Deere Ownr Tr - 47800AAC4
A B S Ser 2022 B Cl A3
02/16/2027 Var
13,950.550
70,000.000
40,000.000
20,000.000
98.5530
96.0480
100.0000
99.6890
13,748.69
67,233.60
40,000.00
19,937.80
13,949.22
67,053.70
40,048.60
20,015.45
-200.53
179.90
-48.60
-77.65
0.0 0.1
0.0 0.0
521.75
2,647.40
329.60
3.79 3.94
0.82 0.97
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 - June 2024
Item Page Number: 151
Menifee Mayor and City Council
September 4, 2024
Page
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ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Jpmorgan Chase Co - 46647PBK1
2.083 04/22/2026
12,000.000 96.8590
94.1140
97.5060
97.5800
11,623.08
1,176,425.00
390,024.00
34,153.00
12,447.96
1,169,226.50
388,284.00
36,067.15
-824.88
7,198.50
1,740.00
-1,914.15
0.0 0.9
0.3 0.0
249.96
43,862.50
15,840.00
700.00
2.15 3.73
4.06 2.05
Jpmorgan Chase Co - 46647PAM8
3.509 01/23/2029
1,250,000.000
Jpmorgan Chase Co - 46647PBA3
3.960 01/29/2027
400,000.000
Mastercard Inc - 57636QAN4
2.000 03/03/2025
35,000.000
Mercedes Benz Auto - 58770AAC7
A B S Ser 2023 1 Cl A3
4.510 11/15/2027
35,000.000 98.9300
97.4510
97.3300
34,625.50
126,686.30
121,662.50
34,995.80
130,394.70
120,882.50
-370.30
-3,708.40
780.00
0.0 0.1
0.1 1,578.50
5,265.00
3,906.25
4.56 4.16
3.21 Merck Co Inc - 58933YBH7
4.050 05/17/2028
130,000.000
Microsoft Corp - 594918BJ2
3.125 11/03/2025
125,000.000
Morgan Stanley - 61747YEZ4
Medium Term Note
5.050 01/28/2027
750,000.000 99.2960
99.3260
744,720.00
794,608.00
744,262.05
794,520.00
457.95
88.00 0.6
0.6 37,875.00
41,312.00
5.09 5.20
Morgan Stanley - 61747YFD2
Medium Term Note
5.164 04/20/2029
800,000.000
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 152
Menifee Mayor and City Council
September 4, 2024
Page
185 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 22 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Morgan Stanley Fr - 6174468Q5
Medium Term Note
2.188 04/28/2026
35,000.000 96.8850
97.8850
33,909.75
9,788.50
33,013.20
9,997.30
896.55 0.0
0.0 765.80
345.00
2.26 3.52
National Rural Utils Coop Fin - 63743HFE7
Medium Term Note
3.450 06/15/2025
10,000.000 -208.80
National Rural Utils Corp Fin - 63743HFH0
Medium Term Note
4.450 03/13/2026
70,000.000 98.6920
97.2950
69,084.40
14,594.25
69,950.30
14,975.70
-865.90
-381.45
0.1 0.0
3,115.00
600.00
4.51 4.11
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 97.8720
98.9960
34,255.20
98,996.00
34,990.90
99,515.00
-735.70
-519.00
0.0 0.1
997.50 2.91
4.65 Paccar Financial Corp - 69371RS31
Medium Term Note
4.600 01/10/2028
100,000.000 4,600.00
Paccar Financial Corp - 69371RS80
Medium Term Note
4.600 01/31/2029
1,500,000.000 98.6370
97.7550
98.7450
1,479,555.00
127,081.50
133,305.75
1,468,515.00
124,989.80
134,947.35
11,040.00
2,091.70
-1,641.60
1.2 0.1
0.1 69,000.00
3,575.00
6,423.30
4.66 2.81
4.82 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 - June 2024
Item Page Number: 153
Menifee Mayor and City Council
September 4, 2024
Page
186 of 489
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CITY OF MENIFEE Page 23 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Prologis L P - 74340XCG4
4.875 06/15/2028
1,600,000.000 99.2290 1,587,664.00 1,577,232.00 10,432.00 1.3 78,000.00 4.91 Public Service Electric - 74456QBX3
Medium Term Note
3.650 09/01/2028
800,000.000 94.7910
98.5640
96.3110
97.7800
99.4230
94.4760
99.8110
93.0090
758,328.00
19,712.80
752,432.00
19,714.00
5,896.00
-1.20
0.6 0.0
0.1 1.1
0.0 0.6
0.1 0.0
29,200.00
775.00
3.85 3.93
4.10 4.86
0.63 3.97
5.00 2.10
Reality Income Corp - 756109AV6
3.875 04/15/2025
20,000.000
Realty Income Corp - 756109BG8
3.950 08/15/2027
100,000.000 96,311.00 97,097.00 -786.00
6,915.00
140.65
3,950.00
68,875.00
250.00
Realty Income Corp Sr - 756109CF9
4.750 02/15/2029
1,450,000.000 1,417,810.00
39,769.20
1,410,895.00
39,628.55
Salesforce Com Inc - 79466LAG9
0.625 07/15/2024
40,000.000
Simon Property Group LP - 828807DE4
3.375 12/01/2027
800,000.000 755,808.00
124,763.75
18,601.80
749,536.00
125,000.00
19,966.00
6,272.00
-236.25
-1,364.20
30,000.00
6,241.25
390.00
State Str Corp Sr Nt - 857477CL5
4.993 03/18/2027
125,000.000
Target Corp - 87612EBM7
1.950 01/15/2027
20,000.000
Toronto Dominion Bank - 89115A2C5
Medium Term Note
4.108 06/08/2027
40,000.000 96.8930 38,757.20 39,866.00 -1,108.80 0.0 1,643.20 4.24 Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 154
Menifee Mayor and City Council
September 4, 2024
Page
187 of 489
20252
00- -M -UC-UU -153-04
0220052-00-04007-04
CITY OF MENIFEE Page 24 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Toyota Auto Rec Own Tr - 89238JAC9
A B S Ser 2021 D Cl A 3
04/15/2026 Var
34,665.520 97.8370
98.4580
99.9510
92.2300
97.5420
98.8490
100.8800
95.0000
33,915.70
24,614.50
281.04
32,646.53
24,583.98
281.13
1,269.17
30.52 0.0
0.0 0.0
0.0 0.0
0.1 1.2
0.0 246.13
940.00
0.73 3.82
0.26 1.22
1.49 4.68
5.20 1.26
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
0.260 05/15/2025
281.180
40,000.000
30,000.000
80,000.000
-0.09 0.73
Toyota Mtr Cr Corp - 89236TJK2
Medium Term Note
1.125 06/18/2026
36,892.00
29,262.60
79,079.20
1,462,760.00
28,500.00
39,982.40
29,959.80
79,947.20
1,455,605.50
29,341.20
-3,090.40
-697.20
-868.00
7,154.50
-841.20
450.00
Toyota Mtr Cr Corp - 89236TJT3
Medium Term Note
1.450 01/13/2025
435.00
Toyota Mtr Cr Corp - 89236TKQ7
Medium Term Note
4.625 01/12/2028
3,700.00
76,125.00
360.00
Toyota Mtr Cr Corp - 89236TLB9
Medium Term Note
5.250 09/11/2028
1,450,000.000
30,000.000
Truist Finl Corp - 89788MAA0
Medium Term Note
1.200 08/05/2025
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 155
Menifee Mayor and City Council
September 4, 2024
Page
188 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 25 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Unitedhealth Group Inc - 91324PEC2
1.150 05/15/2026
40,000.000 92.6260
96.8040
37,050.40
822,834.00
706,993.00
39,563.60
822,681.00
702,464.00
-2,513.20
153.00
0.0 0.7
0.6 460.00
36,125.00
36,750.00
1.24 4.39
5.20 Unitedhealth Group Inc - 91324PEU2
4.250 01/15/2029
850,000.000
Unitedhealth Group Inc - 91324PEP3
5.250 02/15/2028
700,000.000 100.9990 4,529.00
US Bancorp - 91159HJK7
Medium Term Note
4.653 02/01/2029
1,600,000.000 97.4820
91.7910
1,559,712.00 1,550,764.50 8,947.50 1.2 74,448.00 4.77
1.14 Walmart Inc - 931142ER0
1.050 09/17/2026
10,000.000 9,179.10 9,981.10 -802.00 0.0 105.00
Total Corporate Issues $24,525,410.00 $24,463,519.35 $61,890.65 19.5 $1,112,403.64 Foreign Issues
Bank Montreal Que - 06368D3S1
Medium Term Note
3.700 06/07/2025
75,000.000 98.1700 73,627.50 73,120.50 507.00 0.1 2,775.00 3.77 Bank Of Montreal - 06368FAC3
Medium Term Note
1.250 09/15/2026
40,000.000 91.2870
94.0320
36,514.80 39,951.60 -3,436.80
132.00
0.0 0.1
500.00 1.37
3.32 Inter American Devel Bk - 4581X0DC9
3.125 09/18/2028
120,000.000 112,838.40 112,706.40 3,750.00
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 156
Menifee Mayor and City Council
September 4, 2024
Page
189 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 26 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Inter American Devel Bk - 4581X0DV7
Medium Term Note
0.875 04/20/2026
75,000.000 92.7000 69,525.00 74,656.50 -5,131.50 0.1 656.25 0.94 Inter American Devel Bk - 4581X0EN4
Medium Term Note
4.125 02/15/2029
135,000.000 97.9070
93.7800
132,174.45
70,335.00
133,801.20
74,670.05
-1,626.75
-4,335.05
0.1 0.1
5,568.75
375.00
4.21 0.53
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 99.4020
99.6400
98.1600
99.0740
99.1330
99,402.00
39,856.00
99,889.00
40,598.00
-487.00
-742.00
-360.60
-698.40
6,288.00
0.1 0.0
0.0 0.1
1.2 4,500.00
1,020.00
675.00
4.53 2.56
3.44 4.95
4.99 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 19,632.00 19,992.60
Royal Bk Cda - 78016FZW7
Medium Term Note
4.900 01/12/2028
80,000.000 79,259.20 79,957.60 3,920.00
76,725.00
Royal Bk Cda - 78016HZV5
Medium Term Note
4.950 02/01/2029
1,550,000.000 1,536,561.50 1,530,273.50
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 157
Menifee Mayor and City Council
September 4, 2024
Page
190 of 489
20252
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0220052-00-04007-04
CITY OF MENIFEE Page 27 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Toronto Dominion Bank - 89115A2K7
Medium Term Note
5.103 01/09/2026
80,000.000 99.6400 79,712.00 79,890.40 -178.40 0.1 4,082.40 5.12
5.47 Toronto Dominion Bank - 89115A2U5
Medium Term Note
5.523 07/17/2028
1,400,000.000 100.8870 1,412,418.00 1,406,219.50 6,198.50 1.1 77,322.00 Total Foreign Issues $3,761,855.85 $3,765,726.85 -$3,871.00 3.0 $181,869.40 Total Taxable Bonds $122,079,480.20
$125,785,762.04
$125,642,951.96
$129,349,233.80
-$3,563,471.76
-$3,563,471.76
97.1 $3,361,367.31
$3,553,753.40Total Assets 100.0
Estimated Current Yield 2.82
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 - June 2024
Item Page Number: 158
Menifee Mayor and City Council
September 4, 2024
Page
191 of 489
20252
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0220052-00-04007-04
CITY OF MENIFEE Page 28 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
TRANSACTION DETAIL
Date
Posted Activity Description Cash Tax Cost
Beginning Balance 05/01/2024 $0.00 $60,801,610.73
05/01/24
05/01/24
05/03/24
05/07/24
05/07/24
Asset Income Interest Earned On
Honeywell 2.500% 11/01/26
0.0125 USD/$1 Pv On 140,000 Par Value Due 5/1/24
1,750.00
Asset Income Interest Earned On
Federated Hermes Govt Obligs Is
Interest From 4/1/24 To 4/30/24
83,532.67
1,953.13Asset Income Interest Earned On
Microsoft Corp 3.125% 11/03/25
0.015625 USD/$1 Pv On 125,000 Par Value Due 5/3/24
Purchase Accrued Interest
Purchase
Reversal-Paid Accrued Interest On Purchase
F F C B Deb 4.500% 3/09/29
Income Debit 3,937.50 USD
3,937.50
Purchase-Rev -700,000 Par Value Of
F F C B Deb 4.500% 3/09/29
695,310.00 -695,310.00
Trade Date 4/23/24
Purchase-Rev Through Marketaxess Corp
Purchase-Rev On The Marketaxess Corporation
Reversal Of Trx 35790 Batch Zy001923 From 4/24/24
Reversal Posted By 113
Swift External Ref#: 8411403133547847
700,000 Par Value At 99.33 %
05/07/24
05/08/24
05/09/24
Asset Income
Asset Income
Purchase
Interest Earned On
F N M A 0.500% 11/07/25
0.0025 USD/$1 Pv On 65,000 Par Value Due 5/7/24
162.50
483.75Interest Earned On
Caterpillar Finl Mtn 2.150% 11/08/24
0.01075 USD/$1 Pv On 45,000 Par Value Due 5/8/24
Purchased 700,000 Par Value Of
F F C B Deb 4.750% 4/30/29
-706,132.00 706,132.00
Trade Date 5/8/24
Purchased Through Pershing LLC
Purchased On The Marketaxess Corporation
Swift External Ref#: 8412903133582938
700,000 Par Value At 100.876 %
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 159
Menifee Mayor and City Council
September 4, 2024
Page
192 of 489
20252
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0220052-00-04007-04
CITY OF MENIFEE Page 29 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
05/09/24
05/09/24
Purchase Accrued Interest Paid Accrued Interest On Purchase Of F F C B Deb 4.750% 4/30/29
Income Debit 831.25- USD
-831.25
Sale Matured 6,000,000 Par Value Of
U S Treasury Bill 5/09/24
Trade Date 5/9/24
5,992,104.75 -5,992,104.75
6,000,000 Par Value At 100 %
05/09/24
05/10/24
05/13/24
05/15/24
05/15/24
05/15/24
05/15/24
05/15/24
05/15/24
Asset Income
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
U S Treasury Bill 5/09/24
6,000,000 Par Value At 100 %
7,895.25
300.00
300.00
0.29 Interest Earned On
Northern Tr Corp Sr 4.000% 5/10/27
0.02 USD/$1 Pv On 15,000 Par Value Due 5/10/24
Interest Earned On
Amazon Com Inc 1.000% 5/12/26
0.005 USD/$1 Pv On 60,000 Par Value Due 5/12/24
Interest Earned On
Toyota Auto Recv 0.260% 5/15/25
$0.00022/Pv On 1,354.32 Pv Due 5/15/24
Paid Down 1,073.14 Par Value Of
Toyota Auto Recv 0.260% 5/15/25
Trade Date 5/15/24
1,073.14
109.20
5,473.57
34.33 -1,072.94
-5,265.10
-1,425.63
Asset Income
Sale
Interest Earned On
Honda Auto Rec Own 1.880% 5/15/26
$0.00157/Pv On 69,702.77 Pv Due 5/15/24
Paid Down 5,473.57 Par Value Of
Honda Auto Rec Own 1.880% 5/15/26
Trade Date 5/15/24
Asset Income
Sale
Interest Earned On
Hyundai Auto Rec 2.220% 10/15/26
$0.00185/Pv On 18,555.89 Pv Due 5/15/24
Paid Down 1,425.68 Par Value Of
Hyundai Auto Rec 2.220% 10/15/26
Trade Date 5/15/24
1,425.68
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 160
Menifee Mayor and City Council
September 4, 2024
Page
193 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 30 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
05/15/24
05/15/24
05/15/24
05/15/24
05/15/24
05/15/24
05/15/24
05/15/24
05/15/24
05/15/24
05/15/24
Asset Income Interest Earned On
Hyundai Auto Rec Tr 0.740% 5/15/26
$0.00062/Pv On
5.90 9,560.60 Pv Due 5/15/24
Sale Paid Down 1,004.78 Par Value Of
Hyundai Auto Rec Tr 0.740% 5/15/26
Trade Date 5/15/24
1,004.78
12.55 -990.38
Asset Income
Sale
Interest Earned On
John Deere Owner 2.320% 9/15/26
$0.00193/Pv On 6,489.33 Pv Due 5/15/24
Paid Down 560.59 Par Value Of
John Deere Owner 2.320% 9/15/26
Trade Date 5/15/24
560.59
2.61 -560.47
-998.84
Asset Income
Sale
Interest Earned On
John Deere Own 0.520% 3/16/26
$0.00043/Pv On 6,013.98 Pv Due 5/15/24
Paid Down 998.93 Par Value Of
John Deere Own 0.520% 3/16/26
Trade Date 5/15/24
998.93
46.75Asset Income
Sale
Interest Earned On
John Deere Ownr Tr 3.740% 2/16/27
$0.00312/Pv On 15,000.00 Pv Due 5/15/24
Paid Down 1,049.45 Par Value Of
John Deere Ownr Tr 3.740% 2/16/27
Trade Date 5/15/24
1,049.45
106.04
83.50 -1,049.35
Asset Income
Asset Income
Asset Income
Interest Earned On
John Deere Owner 5.090% 6/15/27
$0.00424/Pv On 25,000.00 Pv Due 5/15/24
Interest Earned On
John Deere Owner 5.010% 11/15/27
$0.00418/Pv On 20,000.00 Pv Due 5/15/24
Interest Earned On 131.54
Mercedes Benz Auto 4.510% 11/15/27
$0.00376/Pv On 35,000.00 Pv Due 5/15/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 161
Menifee Mayor and City Council
September 4, 2024
Page
194 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 31 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
05/15/24
05/15/24
05/15/24
05/15/24
05/15/24
05/15/24
05/15/24
05/16/24
05/16/24
05/16/24
05/16/24
Asset Income
Asset Income
Sale
Interest Earned On
Toyota Auto Rec 3.760% 4/15/27
$0.00313/Pv On
78.33 25,000.00 Pv Due 5/15/24
Interest Earned On
Toyota Auto Rec 0.710% 4/15/26
$0.00059/Pv On
22.63 3,579.79
8,700.00
2,343.75
14,500.00
230.00
6.67 38,245.31 Pv Due 5/15/24
Paid Down 3,579.79 Par Value Of
Toyota Auto Rec 0.710% 4/15/26
Trade Date 5/15/24
-3,371.30
Asset Income
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 870,000 Par Value Due 5/15/24
Interest Earned On
U S Treasury Nt 3.125% 11/15/28
0.015625 USD/$1 Pv On 150,000 Par Value Due 5/15/24
Interest Earned On
U S Treasury Nt 3.625% 5/15/26
0.018125 USD/$1 Pv On 800,000 Par Value Due 5/15/24
Interest Earned On
Unitedhealth 1.150% 5/15/26
0.00575 USD/$1 Pv On 40,000 Par Value Due 5/15/24
Interest Earned On
Gm Fin Cons Auto 1.260% 11/16/26
$0.00105/Pv On 6,348.74 Pv Due 5/16/24
Paid Down 483.21 Par Value Of
Gm Fin Cons Auto 1.260% 11/16/26
Trade Date 5/16/24
483.21
3.05 -483.17
-459.03
Asset Income
Sale
Interest Earned On
Gm Fin Cons Auto 0.680% 9/16/26
$0.00057/Pv On 5,381.84 Pv Due 5/16/24
Paid Down 459.04 Par Value Of
Gm Fin Cons Auto 0.680% 9/16/26
Princ/Int Due
459.04
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 162
Menifee Mayor and City Council
September 4, 2024
Page
195 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 32 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
05/16/24
05/16/24
05/16/24
05/16/24
05/16/24
05/16/24
05/16/24
05/16/24
05/16/24
Free Receipt
Free Receipt
Free Receipt
Free Receipt
Free Receipt
Free Receipt
Free Receipt
Free Receipt
Free Receipt
Received 5,000,000 Par Value Of
F H L B Deb 0.875% 6/16/26
Market Value Of 4,601,350.00 USD
5,000,000.00
Internal Transfer From A/C Xxxxxxxx0931
Received 3,000,000 Par Value Of
F H L B Deb 0.500% 12/16/24
Market Value Of 2,918,430.00 USD
Internal Transfer From A/C Xxxxxxxx0931
3,000,000.00
4,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
5,000,000.00
4,000,000.00
Received 4,000,000 Par Value Of
F H L B Deb 0.700% 9/16/25
Market Value Of 3,776,840.00 USD
Internal Transfer From A/C Xxxxxxxx0931
Received 5,000,000 Par Value Of
F H L B Deb 0.625% 3/24/25
Market Value Of 4,811,150.00 USD
Internal Transfer From A/C Xxxxxxxx0931
Received 5,000,000 Par Value Of
F H L B Deb 1.000% 6/30/26
Market Value Of 4,620,300.00 USD
Internal Transfer From A/C Xxxxxxxx0931
Received 5,000,000 Par Value Of
F H L B Deb 1.050% 6/30/26
Market Value Of 4,620,350.00 USD
Internal Transfer From A/C Xxxxxxxx0931
Received 5,000,000 Par Value Of
F H L B Deb 0.750% 6/30/25
Market Value Of 4,776,900.00 USD
Internal Transfer From A/C Xxxxxxxx0931
Received 5,000,000 Par Value Of
F H L B Deb 0.500% 9/30/24
Market Value Of 4,907,900.00 USD
Internal Transfer From A/C Xxxxxxxx0931
Received 4,000,000 Par Value Of
F F C B Deb 0.650% 6/09/25
Market Value Of 3,820,920.00 USD
Internal Transfer From A/C Xxxxxxxx0931
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 163
Menifee Mayor and City Council
September 4, 2024
Page
196 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 33 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
05/16/24
05/16/24
05/16/24
05/16/24
05/16/24
05/16/24
05/16/24
Free Receipt
Free Receipt
Free Receipt
Free Receipt
Free Receipt
Free Receipt
Free Receipt
Received 5,000,000 Par Value Of
F F C B Deb 0.800% 6/22/26
Market Value Of 4,598,100.00 USD
4,977,500.00
Internal Transfer From A/C Xxxxxxxx0931
Received 3,000,000 Par Value Of
U S Treasury Nt 2.000% 8/15/25
Market Value Of 2,892,540.00 USD
Internal Transfer From A/C Xxxxxxxx0931
3,175,312.50
2,140,625.00
3,111,562.50
3,091,875.00
4,984,375.00
3,998,750.00
Received 2,000,000 Par Value Of
U S Treasury Nt 2.250% 11/15/25
Market Value Of 1,923,900.00 USD
Internal Transfer From A/C Xxxxxxxx0931
Received 3,000,000 Par Value Of
U S Treasury Nt 1.500% 10/31/24
Market Value Of 2,949,000.00 USD
Internal Transfer From A/C Xxxxxxxx0931
Received 3,000,000 Par Value Of
U S Treasury Nt 1.375% 1/31/25
Market Value Of 2,920,260.00 USD
Internal Transfer From A/C Xxxxxxxx0931
Received 5,000,000 Par Value Of
U S Treasury Nt 0.500% 3/31/25
Market Value Of 4,804,500.00 USD
Internal Transfer From A/C Xxxxxxxx0931
Received 4,000,000 Par Value Of
U S Treasury Nt 0.750% 3/31/26
Market Value Of 3,715,320.00 USD
Internal Transfer From A/C Xxxxxxxx0931
05/16/24
05/17/24
Cash Receipt
Asset Income
Cash Receipt
Transfer From Another Account
2,207,307.91
2,632.50Interest Earned On
Merck Co Inc 4.050% 5/17/28
0.02025 USD/$1 Pv On 130,000 Par Value Due 5/17/24
05/20/24 Sale Paid Down 100,000 Par Value Of
Verizon Master 0.500% 5/20/27
Cmo Final Paydown
100,000.00 -93,609.37
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 164
Menifee Mayor and City Council
September 4, 2024
Page
197 of 489
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00- -M -UC-UU -153-04
0220052-00-04007-04
CITY OF MENIFEE Page 34 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
05/20/24
05/20/24
05/20/24
05/20/24
05/21/24
05/21/24
05/21/24
05/21/24
05/21/24
Asset Income Interest Earned On
Gm Fin Auto Lsng Tr 1.9004% 3/20/25
$0.00158/Pv On
0.16 98.76 Pv Due 5/20/24
Sale Paid Down 98.76 Par Value Of
Gm Fin Auto Lsng Tr 1.9004% 3/20/25
Cmo Final Paydown
98.76 41.67
-98.76
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
Verizon Master 0.500% 5/20/27
$0.00042/Pv On 100,000.00 Pv Due 5/20/24
Interest Earned On
Costco Wholesale 3.000% 5/18/27
0.015 USD/$1 Pv On 20,000 Par Value Due 5/18/24
300.00
3.63Interest Earned On
Honda Auto Rec 0.880% 1/21/26
$0.00073/Pv On 4,943.89 Pv Due 5/21/24
Paid Down 479.8 Par Value Of
Honda Auto Rec 0.880% 1/21/26
Trade Date 5/21/24
479.80
0.15 -479.70
Asset Income
Sale
Interest Earned On
Honda Auto 0.270% 4/21/25
$0.00023/Pv On 658.57 Pv Due 5/21/24
Paid Down 618.31 Par Value Of
Honda Auto 0.270% 4/21/25
Trade Date 5/21/24
618.31
-209,974.48
-618.29
Purchase Purchased 210,000 Par Value Of 209,974.48
Honda Auto Rec Owner 5.270% 11/20/28
Trade Date 5/14/24
Purchased Through Citigroup Global Markets Inc.
Purchased On The Offexchange Transactions List
Swift External Ref#: 8413503133589811
210,000 Par Value At 99.98785 %
05/28/24 Asset Income Interest Earned On 39.11
F H L M C Mltcl Mtg 3.241% 9/25/24
$0.00270/Pv On 14,482.42 Pv Due 5/25/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 165
Menifee Mayor and City Council
September 4, 2024
Page
198 of 489
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00- -M -UC-UU -153-04
0220052-00-04007-04
CITY OF MENIFEE Page 35 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
05/28/24
05/28/24
05/28/24
05/28/24
05/28/24
05/28/24
05/28/24
05/28/24
05/28/24
05/28/24
05/28/24
Sale Paid Down 1,378.28 Par Value Of
F H L M C Mltcl Mtg 3.241% 9/25/24
Trade Date 5/25/24
1,378.28 -1,451.07
Asset Income
Sale
Interest Earned On
F H L B Gtd Remic 3.171% 10/25/24
90.66 540.21
252.50
97.04 $0.00264/Pv On 34,309.23 Pv Due 5/25/24
Paid Down 540.21 Par Value Of
F H L B Gtd Remic 3.171% 10/25/24
Trade Date 5/25/24
-581.11
Asset Income
Asset Income
Sale
Interest Earned On
F H L M C Mltcl Mtg 2.525% 5/25/26
$0.00210/Pv On 120,000.00 Pv Due 5/25/24
Interest Earned On
F H L M C Mltcl Mtg 3.329% 5/25/25
$0.00277/Pv On 34,978.69 Pv Due 5/25/24
Paid Down 72.74 Par Value Of
F H L M C Mltcl Mtg 3.329% 5/25/25
Trade Date 5/25/24
72.74 -74.76
-872.58
-851.60
Asset Income
Sale
Interest Earned On
Bmw Vehicle Lease 5.160% 11/25/25
$0.00430/Pv On 110,000.00 Pv Due 5/25/24
473.00
871.00
29.53 Paid Down 871 Par Value Of
Bmw Vehicle Lease 5.160% 11/25/25
Princ/Int Due
Asset Income
Sale
Interest Earned On
Bmw Veh Owner Tr 3.210% 8/25/26
$0.00268/Pv On 11,039.89 Pv Due 5/25/24
Paid Down 851.64 Par Value Of
Bmw Veh Owner Tr 3.210% 8/25/26
Trade Date 5/25/24
851.64
33.38Asset 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 5/25/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 166
Menifee Mayor and City Council
September 4, 2024
Page
199 of 489
20252
00- -M -UC-UU -153-04
0220052-00-04007-04
CITY OF MENIFEE Page 36 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
05/28/24
05/28/24
05/28/24
05/28/24
05/28/24
05/28/24
05/28/24
05/28/24
05/28/24
05/28/24
05/28/24
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
F H L M C Mltcl Mt 3.284% 6/25/25
$0.00274/Pv On
164.20
60,000.00 Pv Due 5/25/24
Interest Earned On
F H L M C Mltcl Mt 3.334% 8/25/25
$0.00278/Pv On
69.46 311.98
160.13
276.35
199.09
200.08
265.58
228.49
43.03 25,000.00 Pv Due 5/25/24
Interest Earned On
F H L M C Mltcl Mtg 2.995% 12/25/25
$0.00250/Pv On 125,000.00 Pv Due 5/25/24
Interest Earned On
F H L M C Mltcl Mtg 2.745% 1/25/26
$0.00229/Pv On 70,000.00 Pv Due 5/25/24
Interest Earned On
F H L M C Mltcl Mt 2.653% 8/25/26
$0.00221/Pv On 125,000.00 Pv Due 5/25/24
Interest Earned On
F H L M C Mltcl Mtg 3.413% 12/25/26
$0.00284/Pv On 70,000.00 Pv Due 5/25/24
Interest Earned On
F H L M C Mltcl Mt 3.430% 1/25/27
$0.00286/Pv On 70,000.00 Pv Due 5/25/24
Interest Earned On
F H L M C Mltcl Mt 3.187% 9/25/27
$0.00266/Pv On 100,000.00 Pv Due 5/25/24
Interest Earned On
F H L M C Mltcl Mtg 2.031% 9/25/28
$0.00169/Pv On 135,000.00 Pv Due 5/25/24
Interest Earned On
F H L M C Mltcl Mt 3.064% 8/25/24
$0.00255/Pv On 16,850.66 Pv Due 5/25/24
Paid Down 1,398.09 Par Value Of
F H L M C Mltcl Mt 3.064% 8/25/24
Trade Date 5/25/24
1,398.09 -1,422.56
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 167
Menifee Mayor and City Council
September 4, 2024
Page
200 of 489
20252
00- -M -UC-UU -153-04
0220052-00-04007-04
CITY OF MENIFEE Page 37 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
05/28/24
05/28/24
05/30/24
Asset Income
Asset Income
Purchase
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 5/25/24
82.58 Interest Earned On
F H L M C Mltcl Mt 2.525% 10/25/26
$0.00210/Pv On 125,000.00 Pv Due 5/25/24
263.02
Purchased 700,000 Par Value Of -663,572.00 663,572.00
Bank Of America Mtn 3.970% 3/05/29
Trade Date 5/29/24
Purchased Through Deutsche Bank Securities, Inc.
Purchased On The Marketaxess Corporation
Swift External Ref#: 8415003133632003
700,000 Par Value At 94.796 %
05/30/24
05/30/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
Bank Of America Mtn 3.970% 3/05/29
Income Debit 6,561.53- USD
-6,561.53
Purchased 800,000 Par Value Of
Prologis L P 4.875% 6/15/28
-790,296.00 790,296.00
Trade Date 5/29/24
Purchased Through J.P. Morgan Securities LLC
Purchased On The Marketaxess Corporation
Swift External Ref#: 8415003133631994
800,000 Par Value At 98.787 %
05/30/24
05/30/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
Prologis L P 4.875% 6/15/28
Income Debit 17,875.00- USD
-17,875.00
Purchased 850,000 Par Value Of
John Deere Mtn 4.500% 1/16/29
Trade Date 5/29/24
-828,920.00 828,920.00
Purchased Through Pershing LLC
Purchased On The Marketaxess Corporation
Swift External Ref#: 8415003133631991
850,000 Par Value At 97.52 %
05/30/24 Purchase Accrued Interest Paid Accrued Interest On Purchase Of John Deere Mtn 4.500% 1/16/29
Income Debit 15,087.50- USD
-15,087.50
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 168
Menifee Mayor and City Council
September 4, 2024
Page
201 of 489
20252
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0220052-00-04007-04
CITY OF MENIFEE Page 38 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
05/30/24 Purchase Purchased 900,000 Par Value Of
Paccar Financial Mtn 4.600% 1/31/29
Trade Date 5/29/24
-883,287.00 883,287.00
Purchased Through J.P. Morgan Securities LLC
Purchased On The Marketaxess Corporation
Swift External Ref#: 8415003133631986
900,000 Par Value At 98.143 %
05/30/24
05/30/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
Paccar Financial Mtn 4.600% 1/31/29
Income Debit 13,800.00- USD
-13,800.00
Purchased 850,000 Par Value Of -796,662.50 796,662.50
Jpmorgan Chase Co 3.509% 1/23/29
Trade Date 5/29/24
Purchased Through Deutsche Bank Securities, Inc.
Purchased On The Marketaxess Corporation
Swift External Ref#: 8415003133631997
850,000 Par Value At 93.725 %
05/30/24
05/30/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
Jpmorgan Chase Co 3.509% 1/23/29
Income Debit 10,522.13- USD
-10,522.13
Purchased 750,000 Par Value Of
Toronto Dominion Mtn 5.523% 7/17/28
Trade Date 5/29/24
-753,600.00 753,600.00
Purchased Through Marketaxess Corp
Purchased On The Marketaxess Corporation
Swift External Ref#: 8415003133632000
750,000 Par Value At 100.48 %
05/30/24
05/30/24
Purchase Accrued Interest
Sale
Paid Accrued Interest On Purchase Of
Toronto Dominion Mtn 5.523% 7/17/28
Income Debit 15,303.31- USD
-15,303.31
Sold 3,000,000 Par Value Of 2,921,430.00 -3,000,000.00
F H L B Deb 0.500% 12/16/24
Trade Date 5/29/24
Sold Through Wells Fargo Securities, LLC
Sold On The Marketaxess Corporation
Swift External Ref#: 8415003133631680
3,000,000 Par Value At 97.381 %
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 169
Menifee Mayor and City Council
September 4, 2024
Page
202 of 489
20252
00- -M -UC-UU -153-04
0220052-00-04007-04
CITY OF MENIFEE Page 39 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
05/30/24
05/30/24
Sell Accrued Interest Received Accrued Interest On Sale Of F H L B Deb 0.500% 12/16/24
Income Credit 6,833.33 USD
6,833.33
Sale Sold 5,000,000 Par Value Of
F H L B Deb 0.500% 9/30/24
Trade Date 5/29/24
4,918,000.00 -5,000,000.00
Sold Through Td Securities (USA)
Sold On The Marketaxess Corporation
Swift External Ref#: 8415003133631683
5,000,000 Par Value At 98.36 %
05/30/24
05/31/24
05/31/24
Sell Accrued Interest
Asset Income
Purchase
Received Accrued Interest On Sale Of
F H L B Deb 0.500% 9/30/24
Income Credit 4,166.67 USD
4,166.67
14,771.88Interest Earned On
U S Treasury Nt 3.625% 5/31/28
0.018125 USD/$1 Pv On 815,000 Par Value Due 5/31/24
Purchased 1,500,000 Par Value Of
F H L M C Mltcl Mt 3.900% 8/25/28
Trade Date 5/28/24
-1,436,718.75 1,436,718.75
Purchased Through Td Securities (USA)
Purchased On The Offexchange Transactions List
Swift External Ref#: 8414903133628523
1,500,000 Par Value At 95.78125 %
05/31/24
05/31/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
F H L M C Mltcl Mt 3.900% 8/25/28
Income Debit 4,875.00- USD
-4,875.00
Purchased 850,000 Par Value Of
Toyota Mtr Cr Mtn 5.250% 9/11/28
Trade Date 5/30/24
-855,941.50 855,941.50
Purchased Through Marketaxess Corp
Purchased On The Marketaxess Corporation
Swift External Ref#: 8415103133635977
850,000 Par Value At 100.699 %
05/31/24 Purchase Accrued Interest Paid Accrued Interest On Purchase Of Toyota Mtr Cr Mtn 5.250% 9/11/28
Income Debit 9,916.67- USD
-9,916.67
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 170
Menifee Mayor and City Council
September 4, 2024
Page
203 of 489
20252
00- -M -UC-UU -153-04
0220052-00-04007-04
CITY OF MENIFEE Page 40 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
05/31/24 Purchase Purchased 800,000 Par Value Of
Realty Income Corp 4.750% 2/15/29
Trade Date 5/30/24
-780,720.00 780,720.00
Purchased Through Scotia Capital (USA) Inc.
Swift External Ref#: 8415103133636099
800,000 Par Value At 97.59 %
05/31/24
05/31/24
05/31/24
05/31/24
05/31/24
Purchase Accrued Interest
Asset Income
Paid Accrued Interest On Purchase Of
Realty Income Corp 4.750% 2/15/29
Income Debit 14,250.00- USD
-14,250.00
131.25Interest Earned On
U S Treasury Nt 0.375% 11/30/25
0.001875 USD/$1 Pv On 70,000 Par Value Due 5/31/24
Asset Income Interest Earned On
U S Treasury Nt 2.875% 5/31/25
0.014375 USD/$1 Pv On 800,000 Par Value Due 5/31/24
11,500.00
18,593.75
-843,616.50
Asset Income Interest Earned On
U S Treasury Nt 4.375% 11/30/28
0.021875 USD/$1 Pv On 850,000 Par Value Due 5/31/24
Purchase Purchased 850,000 Par Value Of 843,616.50
American Honda Mtn 4.900% 3/13/29
Trade Date 5/31/24
Purchased Through Barclays Capital Inc. Fixed In
Purchased On The Marketaxess Corporation
Swift External Ref#: 8415203133638964
850,000 Par Value At 99.249 %
05/31/24
05/31/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
American Honda Mtn 4.900% 3/13/29
Income Debit 9,024.17- USD
-9,024.17
Purchased 850,000 Par Value Of -822,681.00 822,681.00
Unitedhealth Group 4.250% 1/15/29
Trade Date 5/31/24
Purchased Through Morgan Stanley & Co. LLC
Purchased On The Marketaxess Corporation
Swift Internal Ref#: 2024053153037618
Swift External Ref#: 8415203133638970
850,000 Par Value At 96.786 %
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 171
Menifee Mayor and City Council
September 4, 2024
Page
204 of 489
20252
00- -M -UC-UU -153-04
0220052-00-04007-04
CITY OF MENIFEE Page 41 of 51
ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
05/31/24
05/31/24
Purchase Accrued Interest Paid Accrued Interest On Purchase Of Unitedhealth Group 4.250% 1/15/29
Income Debit 13,647.22- USD
-13,647.22
Purchase Purchased 700,000 Par Value Of
Caterpillar Finl Mtn 4.850% 2/27/29
Trade Date 5/31/24
-698,341.00 698,341.00
Purchased Through Barclays Capital Inc. Fixed In
Purchased On The Marketaxess Corporation
Swift External Ref#: 8415203133638973
700,000 Par Value At 99.763 %
05/31/24
05/31/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
Caterpillar Finl Mtn 4.850% 2/27/29
Income Debit 8,864.72- USD
-8,864.72
Purchased 900,000 Par Value Of
Royal Bk Cda Mtn 4.950% 2/01/29
Trade Date 5/31/24
-892,539.00 892,539.00
Purchased Through Truist Securities, Inc.
Purchased On The Marketaxess Corporation
Swift Internal Ref#: 2024053153037627
Swift External Ref#: 8415203133638967
900,000 Par Value At 99.171 %
05/31/24
05/31/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
Royal Bk Cda Mtn 4.950% 2/01/29
Income Debit 16,335.00- USD
-16,335.00
Purchased 800,000 Par Value Of -794,520.00 794,520.00
Morgan Stanley Mtn 5.164% 4/20/29
Trade Date 5/31/24
Purchased Through Deutsche Bank Securities, Inc.
Purchased On The Marketaxess Corporation
Swift Internal Ref#: 2024053153037628
Swift External Ref#: 8415203133638976
800,000 Par Value At 99.315 %
05/31/24 Purchase Accrued Interest Paid Accrued Interest On Purchase Of Morgan Stanley Mtn 5.164% 4/20/29
Income Debit 4,704.98- USD
-4,704.98
Item Title: 10.3
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Item Page Number: 172
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ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
05/31/24 Purchase Purchased 850,000 Par Value Of
US Bancorp M T N 4.653% 2/01/29
Trade Date 5/31/24
-828,469.50 828,469.50
Purchased Through US Bancorp Investments Inc.
Purchased On The Marketaxess Corporation
Swift Internal Ref#: 2024053153037629
Swift External Ref#: 8415203133638979
850,000 Par Value At 97.467 %
05/31/24 Purchase Accrued Interest Paid Accrued Interest On Purchase Of US Bancorp M T N 4.653% 2/01/29
Income Debit 13,183.50- USD
-13,183.50
Purchase
Sale
Combined Purchases For The Period 5/ 1/24 - 5/31/24 Of
Federated Hermes Govt Obligs Is
-11,512,781.83
8,227,999.23
11,512,781.83
-8,227,999.23Combined Sales For The Period 5/ 1/24 - 5/31/24 Of Federated Hermes Govt Obligs Is
Ending Balance 05/31/2024 $0.00 $129,349,233.80
Item Title: 10.3
Treasurer's Report - June 2024
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ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
SALE/MATURITY SUMMARY
Settlement Estimated
Date Description Tax Cost Proceeds Gain/Loss
Cash and Equivalents
U S Treasury Bill
05/09/2024
912797HQ3
05/09/24 Matured 6,000,000
Par Value
-5,992,104.75 5,992,104.75
Trade Date 5/9/24
6,000,000 Par Value At 100 %
Total Cash and Equivalents
Taxable Bonds
-$5,992,104.75 $5,992,104.75 $0.00
Bmw Veh Owner Tr
A B S Ser 2022 A Cl A 3
08/25/2026
BVO3226
Var
05/28/24
05/28/24
Paid Down 851.64
Par Value
Trade Date 5/25/24
-851.60
-872.58
851.64
871.00
0.04 Bmw Vehicle Lease
A B S Ser 2023 1 Cl A 3
5.160 11/25/2025
05593AAC3
Paid Down 871 Par
Value
-1.58
Princ/Int Due
Item Title: 10.3
Treasurer's Report - June 2024
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ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
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
05/28/24 Paid Down 540.21
Par Value
Trade Date 5/25/24
-581.11 540.21
1,378.28
72.74 -40.90
F H L M C Multiclass Mtg Partn
C M O Ser K040 Cl A2
3.241 09/25/2024
FHL3224
05/28/24 Paid Down 1,378.28
Par Value
Trade Date 5/25/24
-1,451.07 -72.79
F H L M C Multiclass Mtg Partn
C M O Ser K047 Cl A2
3.329 05/25/2025
FHL3325A
05/28/24 Paid Down 72.74 Par
Value
-74.76 -2.02
Trade Date 5/25/24
F H L M C Multiclass Mtg Partn
C M O Ser K728 Cl A2
08/25/2024
FHL3024
Var
05/28/24 Paid Down 1,398.09
Par Value
-1,422.56 1,398.09 -24.47
Trade Date 5/25/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 175
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ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
SALE/MATURITY SUMMARY (continued)
Settlement Estimated
Date Description Tax Cost Proceeds Gain/Loss
Federal Home Loan Bks
0.500 09/30/2024
3130AMXJ6
05/30/24 Sold 5,000,000 Par
Value
-5,000,000.00 4,918,000.00 -82,000.00
Trade Date 5/29/24
Sold Through Td Securities (USA)
Sold On The Marketaxess Corporation
Swift External Ref#: 8415003133631683
5,000,000 Par Value At 98.36 %
Federal Home Loan Bks
0.500 12/16/2024
3130AMNZ1
05/30/24 Sold 3,000,000 Par -3,000,000.00 2,921,430.00 -78,570.00 Value
Trade Date 5/29/24
Sold Through Wells Fargo Securities, LLC
Sold On The Marketaxess Corporation
Swift External Ref#: 8415003133631680
3,000,000 Par Value At 97.381 %
Gm Fin Auto Lsng Tr
A B S Ser 2022 1 Cl A 3
1.900 03/20/2025
GFA1925
05/20/24
05/16/24
Paid Down 98.76 Par
Value
Cmo Final Paydown
-98.76 98.76
Gm Fin Cons Auto Rec
A B S Ser 2022 1 Cl A3
1.260 11/16/2026
GFC1226
Paid Down 483.21
Par Value
-483.17 483.21 0.04
Trade Date 5/16/24
Item Title: 10.3
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ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
SALE/MATURITY SUMMARY (continued)
Settlement Estimated
Date Description Tax Cost Proceeds Gain/Loss
Gm Fin Cons Auto Rec Tr
A B S Ser 2021 4 Cl A 3
0.680 09/16/2026
GFC0626
05/16/24 Paid Down 459.04
Par Value
Princ/Int Due
-459.03 459.04
5,473.57
479.80
0.01 Honda Auto Rec Ownr Tr
A B S Ser 2022 1 Cl A 3
1.880 05/15/2026
HAR1826
05/15/24 Paid Down 5,473.57
Par Value
Trade Date 5/15/24
-5,265.10
-479.70
-618.29
208.47
Honda Auto Rec Ownr Tr 2021 4
A B S Ser 2021 4 Cl A3
01/21/2026
HAR0826
Var
05/21/24
05/21/24
Paid Down 479.8 Par
Value
Trade Date 5/21/24
0.10 Honda Auto Receivables
A B S Ser 2021 1 Cl A3
0.270 04/21/2025
43813GAC5
Paid Down 618.31
Par Value
618.31 0.02
Trade Date 5/21/24
Item Title: 10.3
Treasurer's Report - June 2024
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ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
SALE/MATURITY SUMMARY (continued)
Settlement Estimated
Date Description Tax Cost Proceeds Gain/Loss
Hyundai Auto Rec Tr
A B S Ser 2021 C Cl A3
0.740 05/15/2026
HAR0726
05/15/24 Paid Down 1,004.78
Par Value
Trade Date 5/15/24
-990.38 1,004.78
1,425.68
998.93
14.40 Hyundai Auto Rec Tr
A B S Ser 2022 A Cl A3
10/15/2026
HAR2226
Var
05/15/24
05/15/24
05/15/24
Paid Down 1,425.68
Par Value
Trade Date 5/15/24
-1,425.63
-998.84
-560.47
0.05 0.09
0.12 John Deere Own
A B S Ser 2021 B Cl A 3
03/16/2026
JDO0926
Var
Paid Down 998.93
Par Value
Trade Date 5/15/24
John Deere Owner Tr
A B S Ser 2022 Cl A 3
09/15/2026
JDO2326
Var
Paid Down 560.59
Par Value
560.59
Trade Date 5/15/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 178
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ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
SALE/MATURITY SUMMARY (continued)
Settlement Estimated
Date Description Tax Cost Proceeds Gain/Loss
John Deere Ownr Tr
A B S Ser 2022 B Cl A3
02/16/2027
JDO6827
Var
05/15/24 Paid Down 1,049.45
Par Value
Trade Date 5/15/24
-1,049.35 1,049.45
3,579.79
0.10 Toyota Auto Rec Own Tr
A B S Ser 2021 D Cl A 3
04/15/2026
TAR0726
Var
05/15/24
05/15/24
05/20/24
Paid Down 3,579.79
Par Value
Trade Date 5/15/24
-3,371.30
-1,072.94
-93,609.37
208.49
Toyota Auto Recv Tr
A B S Ser 2021 A Cl A3
0.260 05/15/2025
TAR0325A
Paid Down 1,073.14
Par Value
Trade Date 5/15/24
1,073.14 0.20
Verizon Master Trust
A B S Ser 2021 1 Cl A
0.500 05/20/2027
VM00527
Paid Down 100,000
Par Value
100,000.00 6,390.63
Cmo Final Paydown
Total Taxable Bonds -$8,115,736.01
-$14,107,840.76
$7,961,847.01
$13,953,951.76
-$153,889.00
-$153,889.00Total Sales & Maturities
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 179
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ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
SALE/MATURITY SUMMARY MESSAGES
Estimated Year-To-Date Short-Term Gain (Loss): $221.43
Estimated Year-To-Date Long-Term Gain (Loss): ($160,476.97) Estimates should not be used for tax purposes
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 180
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ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
BOND SUMMARY
Percentage of
CategoryPar Value Market Value
MATURITY
2024
2025
2026
2027
2028
2029
3,482,325.73
38,084,356.39
35,852,965.21
13,458,950.55
14,880,000.00
20,810,000.00
3,432,710.54
36,691,943.87
33,724,909.35
13,113,788.59
14,627,784.15
20,488,343.70
2.82 30.06
27.62 10.74
11.98 16.78
Total of Category $126,568,597.88 $122,079,480.20 100.00
MOODY'S RATING
Aaa
Aa2
Aa3
A1
A2
A3
94,558,149.12
55,000.00
90,686,277.81
51,291.45
74.29 0.04
0.07 12.63
3.43 5.89
0.02 90,000.00 86,476.25
15,697,000.00
4,245,000.00
7,335,000.00
30,000.00
15,419,880.98
4,191,993.90
7,188,143.05
28,500.00Baa1
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 181
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ACCOUNT NUMBER: 6736302020 May 1, 2024 to May 31, 2024
BOND SUMMARY (continued)
Percentage of
CategoryPar Value Market Value
N/A 4,558,448.76 4,426,916.76 3.63
Total of Category $126,568,597.88 $122,079,480.20 100.00
S&P RATING
AAA
AA+
AA
AA-
A+
A
A-
N/A
1,254,686.33
43,450,000.00
115,000.00
1,221,152.58
41,033,824.50
106,856.85
1.00 33.61
0.09 0.57
4.22 9.76
7.45 43.30
700,000.00 697,872.00
5,195,000.00
12,075,000.00
9,367,000.00
54,411,911.55
5,149,056.25
11,920,201.20
9,092,299.33
52,858,217.49
Total of Category $126,568,597.88 $122,079,480.20 100.00
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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Item Page Number: 182
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Glossary
Accretion - The accumulation of the value of a discounted bond until maturity.
Adjusted Prior Market Realized Gain/Loss - The difference between the proceeds and the Prior Market Value of the transaction.
Adjusted Prior Market Unrealized Gain/Loss - The difference between the Market Value and the Adjusted Prior Market Value.
Adjusted Prior Market Value - A figure calculated using the beginning Market Value for the fiscal year, adjusted for all asset related transactions during the period, employing an average cost methodology.
Amortization - The decrease in value of a premium bond until maturity.
Asset - Anything owned that has commercial exchange value. Assets may consist of specific property or of claims against others, in contrast to obligations due to others (liabilities).
Bond Rating - A measurement of a bond's quality based upon the issuer's financial condition. Ratings are assigned by independent rating services, such as Moody's, or S&P, and reflect their opinion of the issuer's ability to meet the scheduled interest and principal repayments for the bond.
Cash - Cash activity that includes both income and principal cash categories.
Change in Unrealized Gain/Loss - Also reported as Gain/Loss in Period in the Asset Detail section.
This figure shows the market appreciation (depreciation) for the current period.
Cost Basis (Book Value) - The original price of an asset, normally the purchase price or appraised value at the time of acquisition. Book Value method maintains an average cost for each asset.
Cost Basis (Tax Basis) - The original price of an asset, normally the purchase price or appraised value at the time of acquisition. Tax Basis uses client determined methods such as Last-In-First-Out (LIFO), First-In-First-Out (FIFO), Average, Minimum Gain, and Maximum Gain.
Ending Accrual - (Also reported as Accrued Income) Income earned but not yet received, or expenses incurred but not yet paid, as of the end of the reporting period.
Estimated Annual Income - The amount of income a particular asset is anticipated to earn over the next year. The shares multiplied by annual income rate.
Estimated Current Yield - The annual rate of return on an investment expressed as a percentage. For stocks, yield is calculated by taking the annual dividend payments divided by the stock's current share price. For bonds, yield is calculated by the coupon rate divided by the bond's market price.
Ex-Dividend Date - (Also reported as Ex-Date) For stock trades, the person who owns the security on the ex-dividend date will earn the dividend, regardless of who currently owns the stock.
Income Cash - A category of cash comprised of ordinary earnings derived from investments, usually dividends and interest.
Market Value - The price per unit multiplied by the number of units.
Maturity Date - The date on which an obligation or note matures.
Payable Date - The date on which a dividend, mutual fund distribution, or interest on a bond will be made.
Principal Cash - A category of cash comprised of cash, deposits, cash withdrawals and the cash flows generated from purchases or sales of investments.
Realized Gain/Loss Calculation - The Proceeds less the Cost Basis of a transaction.
Settlement Date - The date on which a trade settles and cash or securities are credited or debited to the account.
Trade Date - The date a trade is legally entered into.
Unrealized Gain/Loss - The difference between the Market Value and Cost Basis at the end of the current period.
Yield on/at Market - The annual rate of return on an investment expressed as a percentage. For stocks, yield is calculated by the annual dividend payments divided by the stock's current share price.
For bonds, yield is calculated by the coupon rate divided by the bond's market price.
The terms defined in this glossary are only for use when reviewing your account statement. Please contact your Relationship Manager with any questions.
Item Title: 10.3
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Item Page Number: 184
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020252
-UC-153
U.S. Bank
1555 N. Rivercenter Dr.
Suite 300
Milwaukee, WI 53212
000016648 07 SP
CITY OF MENIFEE
000638726688690 S
FINANCE DEPARTMENT
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 185
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QUESTIONS? ACCOUNT NUMBER: 6736302020
CITY OF MENIFEEIf you have any questions regarding your account or this statement, please contact your Administrator.
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 June 1, 2024 to June 30, 2024 000018288 06 SP
CITY OF MENIFEE
000638746960666 S
FINANCE DEPARTMENT
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
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Item Page Number: 186
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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 28
40 47
Item Title: 10.3
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Item Page Number: 188
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Treasurer's Report - June 2024
Item Page Number: 189
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024
MARKET VALUE SUMMARY
Current Period
06/01/24 to 06/30/24
Beginning Market Value $125,785,762.04
Taxable Interest 144,155.86
4,411.92Cash Receipts
Long Term Gains/Losses
Change in Investment Value
-396,240.40
831,216.04
Ending Market Value $126,369,305.46
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 190
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024
ASSET SUMMARY
Current Period
Market Value
% of
Total
Estimated
Annual IncomeAssets
Cash & Equivalents
Taxable Bonds
870,131.92 0.70 45,116.09
125,499,173.54 99.30 3,826,242.53
Total Market Value $126,369,305.46 100.00 $3,871,358.62 Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 191
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024
INCOME SUMMARY
Income Received
Current Period
Taxable Interest 144,155.86
Total Current Period Income $144,155.86
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 192
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024
CASH SUMMARY
Cash
$0.00Beginning Cash 06/01/2024
Taxable Interest
Cash Receipts
Purchases
144,155.86
4,411.92
-12,681,488.87
9,696,771.17
2,836,149.92
Sales
Net Money Market Activity
Ending Cash 06/30/2024 $0.00
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 193
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024
ASSET DETAIL
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Cash & Equivalents
Cash/Money Market
Federated Hermes Govt Obligs Is - 60934N104
#5
870,131.920 1.0000 870,131.92 870,131.92 0.00 0.7 45,116.09 5.18 Total Cash/Money Market $870,131.92 $870,131.92 $0.00 0.7 $45,116.09 Total Cash & Equivalents $870,131.92 $870,131.92 $0.00 0.7 $45,116.09 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
33,133.680 99.2030
97.6990
95.2750
94.5120
32,869.60
78,159.20
76,220.00
70,884.00
35,641.99
79,938.40
79,736.00
74,777.85
-2,772.39
-1,779.20
-3,516.00
-3,893.85
0.0 0.1
0.1 0.1
1,050.67
1,200.00
300.00
3.20 1.53
0.39 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 89.3490 120,621.15 116,263.48 4,357.67 0.1 2,741.85 2.27 Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 194
Menifee Mayor and City Council
September 4, 2024
Page
227 of 489
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
F H L M C Multiclass Mtg Partn - 3137BEVH4
C M O Ser K040 Cl A2
3.241 09/25/2024
11,817.150 99.4380
98.7740
98.1910
98.0950
97.8320
96.9740
96.4590
95.5570
11,750.74
14,667.37
34,206.58
58,857.00
24,458.00
121,217.50
67,521.30
114,668.40
12,441.25
14,988.64
35,805.69
63,807.81
26,792.97
121,166.99
67,000.39
116,042.97
-690.51
-321.27
0.0 0.0
0.0 0.0
0.0 0.1
0.1 0.1
382.99
396.48
3.26 2.70
3.39 3.35
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
14,849.420
F H L M C Multiclass Mtg Partn - 3137BKRJ1
C M O Ser K047 Cl A2
3.329 05/25/2025
34,836.780 -1,599.11
-4,950.81
-2,334.97
50.51 1,159.72
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
70,000.000 520.91
F H L M C Multiclass Mtg Partn - 3137BQYS0
C M O Ser K056 Cl A2
2.525 05/25/2026
120,000.000 -1,374.57
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 195
Menifee Mayor and City Council
September 4, 2024
Page
228 of 489
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CITY OF MENIFEE Page 7 of 48
ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
F H L M C Multiclass Mtg Partn - 3137BSP72
C M O Ser K058 Cl A2
2.653 08/25/2026
125,000.000 95.2440
96.3410
96.3580
95.0160
95.1910
96.4820
94.5300
99.4540
119,055.00
67,438.70
118,955.08
67,716.80
99.92 -278.10
-260.73
-925.41
-9.50
0.1 0.1
0.1 0.1
0.0 1.1
1.1 0.0
3,316.25
2,389.10
2,401.00
3,187.00
990.90
2.78 3.54
3.56 3.35
3.47 4.04
3.62 3.08
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 67,450.60 67,711.33
F H L M C Multiclass Mtg Partn - 3137FBU79
C M O Ser K069 Cl A2
3.187 09/25/2027
100,000.000 95,016.00 95,941.41
F H L M C Multiclass Mtg Partn - 3137FCJK1
C M O Ser K070 Cl A2
11/25/2027 Var
30,000.000 28,557.30 28,566.80
F H L M C Multiclass Mtg Partn - 3137FJEH8
C M O Ser K081 Cl A2
08/25/2028 Var
1,500,000.000 1,447,230.00
1,417,950.00
12,188.70
1,436,718.75
1,405,195.31
12,470.11
10,511.25
12,754.69
-281.41
58,500.00
51,330.01
375.51
F H L M C Multiclass Mtg Partn - 3137FLMV3
C M O Ser K090 Cl A2
3.422 02/25/2052
1,500,000.000
F H L M C Multiclass Mtg Partn - 3137FBTA4
C M O Ser K728 Cl A2
08/25/2024 Var
12,255.620
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 196
Menifee Mayor and City Council
September 4, 2024
Page
229 of 489
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CITY OF MENIFEE Page 8 of 48
ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
F H L M C Multiclass Mtg Partn - 3137FQXJ7
C M O Ser K737 Cl A2
2.525 10/25/2026
125,000.000 94.8690
94.8100
95.6640
94.2250
98.1340
98.9690
96.4260
95.6500
92.4830
97.8130
118,586.25
71,107.50
117,695.31
74,807.25
890.94
-3,699.75
-2,989.60
-3,521.05
-2,532.35
-602.00
0.1 0.1
0.1 0.0
0.1 0.1
0.0 3.0
3.7 0.2
3,156.25
281.25
2.66 0.40
0.52 0.53
1.66 1.64
0.65 0.68
0.86 1.79
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 66,964.80 69,954.40 350.00
F N M A - 3135G06G3
0.500 11/07/2025
65,000.000 61,246.25 64,767.30 325.00
F N M A - 3135G0X24
1.625 01/07/2025
65,000.000 63,787.10 66,319.45 1,056.25
1,137.50
406.25
F N M A - 3135G0W66
1.625 10/15/2024
70,000.000 69,278.30 69,880.30
F N M A Deb - 3135G03U5
0.625 04/22/2025
65,000.000 62,676.90 64,866.10 -2,189.20
-174,000.00
-353,350.00
5,957.60
Federal Farm Credit Bks - 3133EMF98
0.650 06/09/2025
4,000,000.000 3,826,000.00
4,624,150.00
215,188.60
4,000,000.00
4,977,500.00
209,231.00
26,000.00
40,000.00
3,850.00
Federal Farm Credit Bks - 3133EML67
0.800 06/22/2026
5,000,000.000
Federal Farm Credit Bks - 3133ENPG9
1.750 02/14/2025
220,000.000
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 197
Menifee Mayor and City Council
September 4, 2024
Page
230 of 489
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CITY OF MENIFEE Page 9 of 48
ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Federal Farm Credit Bks - 3133EN7J3
3.875 02/02/2026
210,000.000 98.4500
97.9270
99.1240
99.3020
99.9230
99.7720
100.1590
101.4530
94.9400
92.6030
206,745.00
146,890.50
74,343.00
209,202.00
150,753.00
74,100.00
-2,457.00
-3,862.50
243.00
0.2 0.1
0.1 0.2
0.6 0.6
0.1 0.6
3.0 3.7
8,137.50
5,812.50
3,187.50
11,475.00
30,625.00
31,500.00
4,275.00
33,250.00
28,000.00
43,750.00
3.94 3.96
4.29 4.28
4.38 4.51
4.49 4.68
0.74 0.94
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 - 3133EPN50
4.250 12/15/2028
270,000.000 268,115.40
699,461.00
698,404.00
95,151.05
272,999.70
689,017.00
693,700.00
93,915.10
-4,884.30
10,444.00
4,704.00
Federal Farm Credit Bks - 3133ERAK7
4.375 04/10/2029
700,000.000
Federal Farm Credit Bks - 3133EP6K6
4.500 03/26/2027
700,000.000
Federal Farm Credit Bks - 3133EPWK7
4.500 09/22/2028
95,000.000 1,235.95
Federal Farm Credit Bks - 3133ERDH1
4.750 04/30/2029
700,000.000 710,171.00
3,797,600.00
4,630,150.00
706,132.00
4,000,000.00
5,000,000.00
4,039.00
Federal Home Loan Bks - 3130AMQ54
0.700 09/16/2025
4,000,000.000 -202,400.00
-369,850.00
Federal Home Loan Bks - 3130AMM33
0.875 07/16/2026
5,000,000.000
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 198
Menifee Mayor and City Council
September 4, 2024
Page
231 of 489
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CITY OF MENIFEE Page 10 of 48
ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Federal Home Loan Bks - 3130AMT28
1.000 06/30/2026
5,000,000.000 92.7070
92.8020
98.0020
99.1120
99.6640
100.4200
99.8770
99.6370
103.9140
94.2890
4,635,350.00
4,640,100.00
34,300.70
5,000,000.00
5,000,000.00
37,003.05
-364,650.00
-359,900.00
-2,702.35
-6,050.00
384.00
3.7 3.7
0.0 0.2
0.2 0.6
0.2 0.2
1.3 0.1
50,000.00
52,500.00
831.25
1.08 1.13
2.42 4.29
4.39 4.48
4.51 4.64
5.05 0.26
Federal Home Loan Bks - 3130AMWZ1
1.050 06/30/2026
5,000,000.000
Federal Home Loan Bks - 3130A4CH3
2.375 03/14/2025
35,000.000
Federal Home Loan Bks - 3130ATUS4
4.250 12/10/2027
200,000.000 198,224.00
224,244.00
702,940.00
189,766.30
209,237.70
1,610,667.00
66,002.30
204,274.00
223,860.00
693,525.00
196,165.50
210,808.50
1,603,873.05
68,476.95
8,500.00
9,843.75
31,500.00
8,550.00
9,712.50
81,375.00
175.00
Federal Home Loan Bks - 3130AWTR1
4.375 09/08/2028
225,000.000
Federal Home Loan Bks - 3130AVBD3
4.500 03/09/2029
700,000.000 9,415.00
-6,399.20
-1,570.80
6,793.95
-2,474.65
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 Bond - 912810FG8
5.250 02/15/2029
1,550,000.000
U S Treasury Note - 91282CAM3
0.250 09/30/2025
70,000.000
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 199
Menifee Mayor and City Council
September 4, 2024
Page
232 of 489
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CITY OF MENIFEE Page 11 of 48
ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
U S Treasury Note - 91282CAT8
0.250 10/31/2025
75,000.000 93.9810
93.8160
96.5710
93.2580
92.0350
97.7600
98.7160
93.3870
96.6910
94.1020
70,485.75
65,671.20
73,986.33
68,744.92
-3,500.58
-3,073.72
0.1 0.1
3.8 3.0
0.1 2.3
2.3 0.1
2.3 0.6
187.50
262.50
0.27 0.40
0.52 0.80
0.95 1.41
1.52 1.74
2.07 2.13
U S Treasury Note - 91282CAZ4
0.375 11/30/2025
70,000.000
U S Treasury Note - 912828ZF0
0.500 03/31/2025
5,000,000.000 4,828,550.00
3,730,320.00
110,442.00
2,932,800.00
2,961,480.00
186,774.00
2,900,730.00
818,687.40
4,984,375.00
3,998,750.00
118,806.25
3,091,875.00
3,111,562.50
184,765.63
3,175,312.50
812,147.27
-155,825.00
-268,430.00
-8,364.25
25,000.00
30,000.00
1,050.00
41,250.00
45,000.00
3,250.00
60,000.00
17,400.00
U S Treasury Note - 91282CBT7
0.750 03/31/2026
4,000,000.000
U S Treasury Note - 91282CCZ2
0.875 09/30/2026
120,000.000
U S Treasury Note - 912828Z52
1.375 01/31/2025
3,000,000.000 -159,075.00
-150,082.50
2,008.37
U S Treasury Note - 912828YM6
1.500 10/31/2024
3,000,000.000
U S Treasury Note - 912828YQ7
1.625 10/31/2026
200,000.000
U S Treasury Note - 912828K74
2.000 08/15/2025
3,000,000.000 -274,582.50
6,540.13
U S Treasury Note - 912828U24
2.000 11/15/2026
870,000.000
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 200
Menifee Mayor and City Council
September 4, 2024
Page
233 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 12 of 48
ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
U S Treasury Note - 912828V98
2.250 02/15/2027
800,000.000 94.2770
96.4260
96.2730
96.5820
97.7120
94.9530
97.9420
95.9380
94.9570
96.4880
754,216.00
1,928,520.00
770,184.00
772,656.00
781,696.00
773,866.95
783,536.00
1,563,789.40
142,435.50
786,377.20
748,375.00
2,140,625.00
765,630.86
767,375.00
778,218.75
765,901.95
780,218.75
1,560,182.82
143,970.70
786,333.79
5,841.00
-212,105.00
4,553.14
5,281.00
3,477.25
7,965.00
3,317.25
3,606.58
-1,535.20
43.41 0.6
1.5 0.6
0.6 0.6
0.6 0.6
1.2 0.1
0.6 18,000.00
45,000.00
20,000.00
21,000.00
22,000.00
22,412.50
23,000.00
50,937.50
4,687.50
2.39 2.33
2.60 2.72
2.81 2.90
2.93 3.26
3.29 3.37
U S Treasury Note - 912828M56
2.250 11/15/2025
2,000,000.000
U S Treasury Note - 9128286F2
2.500 02/28/2026
800,000.000
U S Treasury Note - 9128286A3
2.625 01/31/2026
800,000.000
U S Treasury Note - 912828XZ8
2.750 06/30/2025
800,000.000
U S Treasury Note - 91282CFB2
2.750 07/31/2027
815,000.000
U S Treasury Note - 9128284R8
2.875 05/31/2025
800,000.000
U S Treasury Note - 91282CFH9
3.125 08/31/2027
1,630,000.000
U S Treasury Note - 9128285M8
3.125 11/15/2028
150,000.000
U S Treasury Note - 91282CEW7
3.250 06/30/2027
815,000.000 26,487.50
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 201
Menifee Mayor and City Council
September 4, 2024
Page
234 of 489
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CITY OF MENIFEE Page 13 of 48
ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
U S Treasury Note - 91282CHA2
3.500 04/30/2028
815,000.000 96.7270
97.9610
97.1520
97.4450
98.0820
98.5470
98.4610
98.7110
98.9810
98.8520
788,325.05
783,688.00
791,788.80
867,260.50
833,697.00
788,376.00
812,303.25
809,430.20
1,583,696.00
790,816.00
784,646.88
780,187.50
787,623.25
858,566.41
824,931.64
782,968.75
802,336.91
810,386.72
1,574,437.50
786,781.25
3,678.17
3,500.50
4,165.55
8,694.09
8,765.36
5,407.25
9,966.34
-956.52
0.6 0.6
0.6 0.7
0.7 0.6
0.6 0.6
1.3 0.6
28,525.00
29,000.00
29,543.75
33,375.00
32,937.50
32,000.00
33,000.00
32,800.00
66,000.00
33,000.00
3.62 3.70
3.73 3.85
3.95 4.06
4.06 4.05
4.17 4.17
U S Treasury Note - 91282CHB0
3.625 05/15/2026
800,000.000
U S Treasury Note - 91282CHE4
3.625 05/31/2028
815,000.000
U S Treasury Note - 91282CJR3
3.750 12/31/2028
890,000.000
U S Treasury Note - 91282CGC9
3.875 12/31/2027
850,000.000
U S Treasury Note - 91282CJT9
4.000 01/15/2027
800,000.000
U S Treasury Note - 91282CJW2
4.000 01/31/2029
825,000.000
U S Treasury Note - 91282CGA3
4.000 12/15/2025
820,000.000
U S Treasury Note - 91282CKG5
4.125 03/31/2029
1,600,000.000 9,258.50
4,034.75
U S Treasury Note - 91282CHH7
4.125 06/15/2026
800,000.000
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 202
Menifee Mayor and City Council
September 4, 2024
Page
235 of 489
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0220052-00-04007-04
CITY OF MENIFEE Page 14 of 48
ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
U S Treasury Note - 91282CHQ7
4.125 07/31/2028
790,000.000 98.9410
98.8670
98.8790
99.0390
99.5510
99.0630
99.0430
99.3440
99.8830
99.9840
781,633.90
790,936.00
1,631,503.50
792,312.00
846,183.50
842,035.50
841,865.50
794,752.00
799,064.00
849,864.00
773,639.07
790,265.63
1,630,343.75
789,312.50
838,150.40
839,707.03
838,876.95
791,375.00
791,476.57
839,308.59
7,994.83
670.37
0.6 0.6
1.3 0.6
0.7 0.7
0.7 0.6
0.6 0.7
32,587.50
33,000.00
68,062.50
34,000.00
36,125.00
36,125.00
36,125.00
35,000.00
35,000.00
37,187.50
4.17 4.17
4.17 4.29
4.27 4.29
4.29 4.40
4.38 4.38
U S Treasury Note - 91282CFM8
4.125 09/30/2027
800,000.000
U S Treasury Note - 91282CFU0
4.125 10/31/2027
1,650,000.000 1,159.75
2,999.50
8,033.10
2,328.47
2,988.55
3,377.00
7,587.43
10,555.41
U S Treasury Note - 91282CJV4
4.250 01/31/2026
800,000.000
U S Treasury Note - 91282CKD2
4.250 02/28/2029
850,000.000
U S Treasury Note - 91282CFP1
4.250 10/15/2025
850,000.000
U S Treasury Note - 91282CJS1
4.250 12/31/2025
850,000.000
U S Treasury Note - 91282CHU8
4.375 08/15/2026
800,000.000
U S Treasury Note - 91282CHX2
4.375 08/31/2028
800,000.000
U S Treasury Note - 91282CJN2
4.375 11/30/2028
850,000.000
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 203
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
U S Treasury Note - 91282CJP7
4.375 12/15/2026
800,000.000 99.4260
99.4770
99.8520
100.6800
99.5700
99.6410
101.1480
100.2890
99.6450
795,408.00
845,554.50
798,816.00
1,610,880.00
846,345.00
797,128.00
1,618,368.00
1,504,335.00
797,160.00
790,250.00
842,828.13
793,125.00
1,614,812.50
842,164.06
794,500.00
1,609,593.75
1,505,683.59
796,187.50
5,158.00
2,726.37
5,691.00
-3,932.50
4,180.94
2,628.00
8,774.25
-1,348.59
972.50
0.6 0.7
0.6 1.3
0.7 0.6
1.3 1.2
0.6 35,000.00
38,250.00
36,000.00
72,000.00
38,250.00
37,000.00
74,000.00
69,375.00
38,000.00
4.40 4.52
4.51 4.47
4.52 4.64
4.57 4.61
4.77 U S Treasury Note - 91282CKH3
4.500 03/31/2026
850,000.000
U S Treasury Note - 91282CKJ9
4.500 04/15/2027
800,000.000
U S Treasury Note - 91282CKT7
4.500 05/31/2029
1,600,000.000
U S Treasury Note - 91282CHM6
4.500 07/15/2026
850,000.000
U S Treasury Note - 91282CKB6
4.625 02/28/2026
800,000.000
U S Treasury Note - 91282CKP5
4.625 04/30/2029
1,600,000.000
U S Treasury Note - 91282CKV2
4.625 06/15/2027
1,500,000.000
U S Treasury Note - 91282CHN4
4.750 07/31/2025
800,000.000
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 204
Menifee Mayor and City Council
September 4, 2024
Page
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
U S Treasury Note - 91282CKK6
4.875 04/30/2026
800,000.000 100.1480 801,184.00 799,125.00 2,059.00 0.6 39,000.00 4.87 Total US Government Issues $92,995,762.39 $95,881,255.83 -$2,885,493.44 73.6 $2,358,258.13 Corporate Issues
Ace Ina Holding - 00440EAS6
3.150 03/15/2025
50,000.000 98.4260
93.0320
49,213.00
55,819.20
51,448.00
59,740.80
-2,235.00
-3,921.60
0.0 0.0
1,575.00
600.00
3.20 1.07
Amazon Com Inc - 023135BX3
1.000 05/12/2026
60,000.000
American Honda Fin Corp - 02665WED9
Medium Term Note
4.700 01/12/2028
130,000.000 99.0290
99.6250
128,737.70
597,750.00
131,033.50
595,380.00
-2,295.80
2,370.00
0.1 0.5
6,110.00 4.75
4.92 American Honda Finance - 02665WFD8
Medium Term Note
4.900 03/12/2027
600,000.000 29,400.00
American Honda Finance - 02665WFE6
Medium Term Note
4.900 03/13/2029
850,000.000 99.6050
94.0090
97.1960
846,642.50
23,502.25
97,196.00
843,616.50
25,621.00
96,949.00
3,026.00
-2,118.75
247.00
0.7 0.0
0.1 41,650.00
512.50
4.92 2.18
3.34 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
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 205
Menifee Mayor and City Council
September 4, 2024
Page
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Bank Amer Corp Sr - 06051GJD2
Medium Term Note
1.319 06/19/2026
40,000.000 95.8210
99.4000
98.0350
99.3850
96.6970
96.3840
38,328.40
29,820.00
882,315.00
695,695.00
362,613.75
72,288.00
40,105.60
30,000.00
881,811.00
694,316.00
360,118.45
71,563.50
-1,777.20
-180.00
504.00
0.0 0.0
0.7 0.6
0.3 0.1
527.60
1,524.00
40,887.00
34,629.00
13,346.25
2,868.00
1.38 5.11
4.63 4.98
3.68 3.97
Bank America Corp - 06051GLE7
Medium Term Note
5.080 01/20/2027
30,000.000
Bank New York Mellon Corp - 06406RBN6
Medium Term Note
4.543 02/01/2029
900,000.000
Bank New York Mellon Corp - 06406RBQ9
Medium Term Note
4.947 04/26/2027
700,000.000 1,379.00
2,495.30
724.50
Bank Of America Corp - 06051GHT9
Medium Term Note
3.559 04/23/2027
375,000.000
Bank Of America Corp - 06051GGF0
Medium Term Note
3.824 01/20/2028
75,000.000
Bank Of America Corp - 06051GHG7
Medium Term Note
3.970 03/05/2029
1,050,000.000 95.6140
93.7370
1,003,947.00
42,181.65
992,729.50
44,991.45
11,217.50
-2,809.80
0.8 0.0
41,685.00
1,035.00
4.15 2.45
Berkshire Hathaway Fin - 084664CZ2
2.300 03/15/2027
45,000.000
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 206
Menifee Mayor and City Council
September 4, 2024
Page
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Bmw Veh Owner Tr - 05602RAD3
A B S Ser 2022 A Cl A 3
08/25/2026 Var
9,333.260 98.6630
99.8130
100.0990
98.8080
99.5100
9,208.47
96,706.93
570,564.30
44,463.60
79,608.00
9,332.77
97,063.37
569,913.42
45,481.50
79,988.80
-124.30
-356.44
650.88
0.0 0.1
0.5 0.0
0.1 299.60
4,999.43
29,526.00
967.50
3.25 5.17
5.17 2.18
4.82 Bmw Vehicle Lease - 05593AAC3
A B S Ser 2023 1 Cl A 3
5.160 11/25/2025
96,888.110
Bmw Vehicle Owner Trust - 096919AD7
A B S Ser 2024 A Cl A 3
5.180 02/26/2029
570,000.000
Caterpillar Finl Service - 14913Q3B3
Medium Term Note
2.150 11/08/2024
45,000.000 -1,017.90
-380.80
Caterpillar Finl Svcs - 14913R3B1
Medium Term Note
4.800 01/06/2026
80,000.000 3,840.00
Caterpillar Finl Svcs - 14913UAJ9
Medium Term Note
4.850 02/27/2029
1,300,000.000 100.0240
93.2660
93.8570
99.7300
1,300,312.00
23,316.50
1,290,499.00
24,991.70
9,813.00
-1,675.20
-1,004.70
3,416.00
1.0 0.0
0.1 0.6
63,050.00
612.50
4.85 2.63
3.41 4.81
Charles Schwab Corp - 808513BY0
2.450 03/03/2027
25,000.000
85,000.000
Charles Schwab Corp - 808513AU9
3.200 01/25/2028
79,778.45 80,783.15 2,720.00
33,600.00
Cisco Sys Inc - 17275RBQ4
4.800 02/26/2027
700,000.000 698,110.00 694,694.00
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 207
Menifee Mayor and City Council
September 4, 2024
Page
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Costco Wholesale Corp - 22160KAM7
3.000 05/18/2027
20,000.000 95.5880 19,117.60 19,535.80 -418.20 0.0 600.00 3.14 Deere John Capital Corp - 24422EWJ4
Medium Term Note
4.050 09/08/2025
70,000.000 98.6270
95.2740
69,038.90
33,345.90
69,267.10
36,755.95
-228.20 0.1
0.0 2,835.00
1,032.50
4.11 3.10
Duke Energy Carolinas - 26442CAS3
2.950 12/01/2026
35,000.000 -3,410.05
Gm Fin Cons Auto Rec - 380146AC4
A B S Ser 2022 1 Cl A3
1.260 11/16/2026
5,358.170 97.7850 5,239.49 5,357.69 -118.20 0.0 67.51 1.29 Gm Fin Cons Auto Rec Tr - 362554AC1
A B S Ser 2021 4 Cl A 3
0.680 09/16/2026
4,472.680 97.6720 4,368.56 4,472.55 -103.99 0.0
0.6 30.41 0.70
4.89 Home Depot Inc - 437076CW0
4.900 04/15/2029
750,000.000 100.1720 751,290.00 742,725.00 8,565.00 36,750.00 Honda Auto Rec Owner - 437930AC4
A B S Ser 2024 2 Cl A 3
5.270 11/20/2028
210,000.000 100.2700
98.1070
97.9650
210,567.00
57,709.80
3,914.44
209,974.48
56,582.93
3,994.90
592.52
1,126.87
-80.46
0.2 0.0
0.0 11,067.00
1,105.88
35.16 5.26
1.92 0.90
Honda Auto Rec Ownr Tr - 43815BAC4
A B S Ser 2022 1 Cl A 3
1.880 05/15/2026
58,823.330
Honda Auto Rec Ownr Tr 2021 4 - 43815GAC3
A B S Ser 2021 4 Cl A3
01/21/2026 Var
3,995.750
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 208
Menifee Mayor and City Council
September 4, 2024
Page
241 of 489
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CITY OF MENIFEE Page 20 of 48
ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Honeywell International - 438516BL9
2.500 11/01/2026
140,000.000 94.5130 132,318.20 131,150.60 1,167.60
-15.64
0.1 0.0
0.0 1.2
0.0 0.0
0.0 0.0
3,500.00
55.95 2.64
0.75 2.26
4.58 0.53
5.11 2.37
5.03 Hyundai Auto Rec Tr - 44935FAD6
A B S Ser 2021 C Cl A3
0.740 05/15/2026
7,560.220 98.3600
98.1870
98.3020
98.0740
99.6430
98.0330
99.5440
7,436.23
15,428.69
1,523,681.00
4,325.88
7,451.87
15,712.97
1,509,761.00
4,410.43
Hyundai Auto Rec Tr - 448977AD0
A B S Ser 2022 A Cl A3
10/15/2026 Var
15,713.580 -284.28
13,920.00
-84.55
348.84
John Deere Capital Corporation - 24422EXH7
Medium Term Note
4.500 01/16/2029
1,550,000.000 69,750.00
22.94 John Deere Own - 47789QAC4
A B S Ser 2021 B Cl A 3
03/16/2026 Var
4,410.830
25,000.000
5,552.700
John Deere Owner - 47800BAC2
A B S Ser 2022 C Cl A 3
5.090 06/15/2027
24,910.75
5,443.48
24,998.06
5,551.47
-87.31 1,272.50
128.82
John Deere Owner Tr - 47787JAC2
A B S Ser 2022 Cl A 3
09/15/2026 Var
-107.99
-87.56
John Deere Owner Trust - 47800CAC0
A B S Ser 2023 A Cl A3
5.010 11/15/2027
20,000.000 19,908.80 19,996.36 1,002.00
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 209
Menifee Mayor and City Council
September 4, 2024
Page
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CITY OF MENIFEE Page 21 of 48
ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
John Deere Ownr Tr - 47800AAC4
A B S Ser 2022 B Cl A3
02/16/2027 Var
13,202.340
70,000.000
12,000.000
98.5900
96.3360
97.1060
94.5660
97.6790
97.8050
13,016.19
67,435.20
13,201.08
67,053.70
-184.89
381.50
0.0 0.1
0.0 0.9
0.3 0.0
493.77
2,647.40
249.96
3.79 3.93
2.14 3.71
4.05 2.04
Jpmorgan Chase Co - 46625HRY8
02/01/2028 Var
Jpmorgan Chase Co - 46647PBK1
2.083 04/22/2026
11,652.72 12,447.96 -795.24
Jpmorgan Chase Co - 46647PAM8
3.509 01/23/2029
1,250,000.000 1,182,075.00
390,716.00
34,231.75
1,169,226.50
388,284.00
36,067.15
12,848.50
2,432.00
-1,835.40
43,862.50
15,840.00
700.00
Jpmorgan Chase Co - 46647PBA3
3.960 01/29/2027
400,000.000
35,000.000
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
98.9840
97.8970
97.5210
34,644.40
127,266.10
121,901.25
34,995.80
130,394.70
120,882.50
-351.40
-3,128.60
1,018.75
0.0 0.1
0.1 1,578.50
5,265.00
3,906.25
4.56 4.14
3.20 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
750,000.000 99.4350 745,762.50 744,262.05 1,500.45 0.6 37,875.00 5.08 Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 210
Menifee Mayor and City Council
September 4, 2024
Page
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CITY OF MENIFEE Page 22 of 48
ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Morgan Stanley - 61747YFD2
Medium Term Note
5.164 04/20/2029
800,000.000 99.6760 797,408.00 794,520.00 2,888.00 0.6 41,312.00 5.18 Morgan Stanley Fr - 6174468Q5
Medium Term Note
2.188 04/28/2026
35,000.000 97.1140
94.2040
33,989.90 33,013.20 976.70 0.0
1.2 765.80 2.25
3.93 National Rural Util Coop - 637432NS0
3.700 03/15/2029
1,600,000.000 1,507,264.00 1,507,712.00 -448.00 59,200.00 National Rural Utils Coop Fin - 63743HFE7
Medium Term Note
3.450 06/15/2025
10,000.000 98.0550 9,805.50 9,997.30 -191.80 0.0 345.00 3.52 National Rural Utils Corp Fin - 63743HFH0
Medium Term Note
4.450 03/13/2026
70,000.000 98.6140
97.6140
69,029.80
14,642.10
69,950.30
14,975.70
-920.50
-333.60
0.1 0.0
3,115.00
600.00
4.51 4.10
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 98.0090
99.0300
98.9040
34,303.15
99,030.00
34,990.90
99,515.00
-687.75
-485.00
0.0 0.1
1.2 997.50
4,600.00
69,000.00
2.91 4.64
4.65 Paccar Financial Corp - 69371RS31
Medium Term Note
4.600 01/10/2028
100,000.000
Paccar Financial Corp - 69371RS80
Medium Term Note
4.600 01/31/2029
1,500,000.000 1,483,560.00 1,468,515.00 15,045.00
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 211
Menifee Mayor and City Council
September 4, 2024
Page
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CITY OF MENIFEE Page 23 of 48
ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Pepsico Inc - 713448CT3
2.750 04/30/2025
130,000.000 97.8810
98.7770
99.5110
127,245.30
133,348.95
124,989.80
134,947.35
2,255.50
-1,598.40
14,944.00
0.1 0.1
1.3 3,575.00
6,423.30
78,000.00
2.81 4.82
4.90 Pnc Financial Services - 693475BL8
4.758 01/26/2027
135,000.000
Prologis L P - 74340XCG4
4.875 06/15/2028
1,600,000.000 1,592,176.00 1,577,232.00
Public Service Electric - 74456QBX3
Medium Term Note
3.650 09/01/2028
800,000.000 95.3500
98.6330
96.4220
98.2760
99.8080
94.5850
99.8790
762,800.00
19,726.60
752,432.00
19,714.00
10,368.00
12.60 0.6
0.0 0.1
1.1 0.0
0.6 0.1
29,200.00
775.00
3.83 3.93
4.10 4.83
0.63 3.96
5.00 Reality Income Corp - 756109AV6
3.875 04/15/2025
20,000.000
Realty Income Corp - 756109BG8
3.950 08/15/2027
100,000.000 96,422.00 97,097.00 -675.00
14,107.00
294.65
3,950.00
68,875.00
250.00
Realty Income Corp Sr - 756109CF9
4.750 02/15/2029
1,450,000.000 1,425,002.00
39,923.20
1,410,895.00
39,628.55
Salesforce Com Inc - 79466LAG9
0.625 07/15/2024
40,000.000
Simon Property Group LP - 828807DE4
3.375 12/01/2027
800,000.000 756,680.00
124,848.75
749,536.00
125,000.00
7,144.00
-151.25
30,000.00
6,241.25
State Str Corp Sr Nt - 857477CL5
4.993 03/18/2027
125,000.000
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 212
Menifee Mayor and City Council
September 4, 2024
Page
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CITY OF MENIFEE Page 24 of 48
ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Target Corp - 87612EBM7
1.950 01/15/2027
20,000.000 93.0600 18,612.00 19,966.00 -1,354.00
-1,046.80
1,193.73
56.02 0.0
0.0 0.0
0.0 0.0
0.0 0.1
1.2 390.00
1,643.20
221.68
2.09 4.23
0.72 3.81
1.21 1.48
4.67 5.19
Toronto Dominion Bank - 89115A2C5
Medium Term Note
4.108 06/08/2027
40,000.000 97.0480
97.9990
98.5600
92.6080
97.9200
99.0570
101.1440
38,819.20
30,598.32
24,640.00
37,043.20
29,376.00
79,245.60
1,466,588.00
39,866.00
29,404.59
24,583.98
39,982.40
29,959.80
79,947.20
1,455,605.50
Toyota Auto Rec Own Tr - 89238JAC9
A B S Ser 2021 D Cl A 3
04/15/2026 Var
31,223.090
Toyota Auto Rec Own Tr - 89231CAD9
A B S Ser 2022 C Cl A 3
3.760 04/15/2027
25,000.000 940.00
Toyota Mtr Cr Corp - 89236TJK2
Medium Term Note
1.125 06/18/2026
40,000.000
30,000.000
-2,939.20
-583.80
450.00
Toyota Mtr Cr Corp - 89236TJT3
Medium Term Note
1.450 01/13/2025
435.00
Toyota Mtr Cr Corp - 89236TKQ7
Medium Term Note
4.625 01/12/2028
80,000.000 -701.60 3,700.00
76,125.00
Toyota Mtr Cr Corp - 89236TLB9
Medium Term Note
5.250 09/11/2028
1,450,000.000 10,982.50
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 213
Menifee Mayor and City Council
September 4, 2024
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Truist Finl Corp - 89788MAA0
Medium Term Note
1.200 08/05/2025
30,000.000 95.2660
92.9570
97.3720
101.3020
28,579.80
37,182.80
827,662.00
709,114.00
29,341.20
39,563.60
822,681.00
702,464.00
-761.40
-2,380.80
4,981.00
6,650.00
0.0 0.0
0.7 0.6
360.00
460.00
1.26 1.24
4.36 5.18
Unitedhealth Group Inc - 91324PEC2
1.150 05/15/2026
40,000.000
Unitedhealth Group Inc - 91324PEU2
4.250 01/15/2029
850,000.000 36,125.00
36,750.00
Unitedhealth Group Inc - 91324PEP3
5.250 02/15/2028
700,000.000
US Bancorp - 91159HJK7
Medium Term Note
4.653 02/01/2029
1,600,000.000 97.8490
92.1840
1,565,584.00 1,550,764.50 14,819.50 1.2 74,448.00 4.75
1.14 Walmart Inc - 931142ER0
1.050 09/17/2026
10,000.000 9,218.40 9,981.10 -762.70 0.0 105.00
Total Corporate Issues $27,474,332.10 $27,335,458.58 $138,873.52 21.7 $1,240,615.00 Foreign Issues
Bank Montreal Que - 06368D3S1
Medium Term Note
3.700 06/07/2025
75,000.000 98.2850
91.5980
73,713.75
36,639.20
73,120.50
39,951.60
593.25 0.1
0.0 2,775.00
500.00
3.76 1.36
Bank Of Montreal - 06368FAC3
Medium Term Note
1.250 09/15/2026
40,000.000 -3,312.40
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 214
Menifee Mayor and City Council
September 4, 2024
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Inter American Devel Bk - 4581X0DC9
3.125 09/18/2028
120,000.000 94.7130 113,655.60 112,706.40 949.20 0.1
0.1 3,750.00
656.25
3.30 0.94
Inter American Devel Bk - 4581X0DV7
Medium Term Note
0.875 04/20/2026
75,000.000 93.1490 69,861.75 74,656.50 -4,794.75
Inter American Devel Bk - 4581X0EN4
Medium Term Note
4.125 02/15/2029
135,000.000 98.5980
94.2570
96.3540
133,107.30
70,692.75
133,801.20
74,670.05
-693.90
-3,977.30
3,614.00
0.1 0.1
1.0 5,568.75
375.00
4.18 0.53
3.63 International Bank M T N - 459058JL8
0.500 10/28/2025
75,000.000
International Bank M T N - 459058KT9
3.500 07/12/2028
1,300,000.000 1,252,602.00 1,248,988.00 45,500.00
International Finance Corp - 45950KDD9
Medium Term Note
4.500 07/13/2028
100,000.000 100.0380
99.8580
98.3100
99.2100
100,038.00
39,943.20
19,662.00
79,368.00
99,889.00
40,598.00
19,992.60
79,957.60
149.00
-654.80
-330.60
-589.60
0.1 0.0
0.0 0.1
4,500.00
1,020.00
675.00
4.50 2.55
3.43 4.94
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
Royal Bk Cda - 78016FZW7
Medium Term Note
4.900 01/12/2028
80,000.000 3,920.00
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 215
Menifee Mayor and City Council
September 4, 2024
Page
248 of 489
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 ASSET DETAIL (continued)
Security Description
Shares/Face Amt
Percent
of Total
Portfolio
Unrealized
Gain/Loss
Estimated
Annual Income
Estimated
Current YieldPrice Market Value Tax Cost
Royal Bk Cda - 78016HZV5
Medium Term Note
4.950 02/01/2029
1,550,000.000 99.5290
99.6350
1,542,699.50
79,708.00
1,530,273.50
79,890.40
12,426.00
-182.40
1.2 0.1
76,725.00
4,082.40
4.97 5.12
5.45 Toronto Dominion Bank - 89115A2K7
Medium Term Note
5.103 01/09/2026
80,000.000
Toronto Dominion Bank - 89115A2U5
Medium Term Note
5.523 07/17/2028
1,400,000.000 101.2420 1,417,388.00 1,406,219.50 11,168.50 1.1 77,322.00 Total Foreign Issues $5,029,079.05 $5,014,714.85 $14,364.20 4.0 $227,369.40 Total Taxable Bonds $125,499,173.54
$126,369,305.46
$128,231,429.26
$129,101,561.18
-$2,732,255.72
-$2,732,255.72
99.3 $3,826,242.53
$3,871,358.62Total Assets 100.0
Estimated Current Yield 3.06
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 - June 2024
Item Page Number: 216
Menifee Mayor and City Council
September 4, 2024
Page
249 of 489
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024
TRANSACTION DETAIL
Date
Posted Activity Description Cash Tax Cost
Beginning Balance 06/01/2024 $0.00 $129,349,233.80
06/03/24 Sale Full Call 40,000.00 -40,048.60
40,000 $1 Pv
Jpmorgan Chase Co 0.824% 6/01/25
On 06/01/24 At 1.00 USD
Lt Capital Loss Of 48.60- USD On Federal Cost
Federal Tax Cost 40,048.60 USD
Corporate Action Id: 554254
06/03/24
06/03/24
06/03/24
06/03/24
Asset Income
Asset Income
Asset Income
Asset Income
Interest Earned On
Duke Energy 2.950% 12/01/26
0.01475 USD/$1 Pv On 35,000 Par Value Due 6/1/24
516.25
164.80Interest Earned On
Jpmorgan Chase Co 0.824% 6/01/25
0.00412 USD/$1 Pv On 40,000 Par Value Due 6/1/24
Interest Earned On
Simon Property Group 3.750% 12/01/27
0.016875 USD/$1 Pv On 800,000 Par Value Due 6/1/24
13,500.00
26,676.33Interest Earned On
Federated Hermes Govt Obligs Is
Interest From 5/1/24 To 5/31/24
06/04/24
06/04/24
Cash Receipt
Purchase
Cash Receipt
Transfer From Another Account
4,411.92
Purchased 1,500,000 Par Value Of
F H L M C Mltcl Mt 3.422% 2/25/52
Trade Date 5/30/24
-1,405,195.31 1,405,195.31
Purchased Through Wells Fargo Securities, LLC
Swift External Ref#: 8415103133636093
1,500,000 Par Value At 93.67968733 %
06/04/24
06/07/24
Purchase Accrued Interest
Asset Income
Paid Accrued Interest On Purchase Of
F H L M C Mltcl Mt 3.422% 2/25/52
Income Debit 427.75- USD
-427.75
Interest Earned On 1,387.50
Bank Montreal Mtn 3.700% 6/07/25
0.0185 USD/$1 Pv On 75,000 Par Value Due 6/7/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 217
Menifee Mayor and City Council
September 4, 2024
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
06/10/24 Purchase Purchased 1,600,000 Par Value Of
National Rural Util 3.700% 3/15/29
Trade Date 6/7/24
-1,507,712.00 1,507,712.00
Purchased Through Deutsche Bank Securities, Inc.
Purchased On The Marketaxess Corporation
Swift External Ref#: 8415903133651372
1,600,000 Par Value At 94.232 %
06/10/24
06/10/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
National Rural Util 3.700% 3/15/29
Income Debit 13,977.78- USD
-13,977.78
Purchased 1,300,000 Par Value Of
Intl Bk M T N 3.500% 7/12/28
-1,248,988.00 1,248,988.00
Trade Date 6/7/24
Purchased Through Td Securities (USA)
Purchased On The Marketaxess Corporation
Swift External Ref#: 8415903133651276
1,300,000 Par Value At 96.076 %
06/10/24
06/10/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
Intl Bk M T N 3.500% 7/12/28
Income Debit 18,705.56- USD
-18,705.56
Purchased 900,000 Par Value Of -881,811.00 881,811.00
Bank New York M T N 4.543% 2/01/29
Trade Date 6/7/24
Purchased Through Deutsche Bank Securities, Inc.
Purchased On The Marketaxess Corporation
Swift External Ref#: 8415903133651375
900,000 Par Value At 97.979 %
06/10/24
06/10/24
Purchase Accrued Interest
Sale
Paid Accrued Interest On Purchase Of
Bank New York M T N 4.543% 2/01/29
Income Debit 14,651.18- USD
-14,651.18
Sold 5,000,000 Par Value Of 4,821,600.00 -5,000,000.00
F H L B Deb 0.625% 3/24/25
Trade Date 6/7/24
Sold Through Pnc Bank Na/Pnc Cap Markets
Sold On The Marketaxess Corporation
Swift External Ref#: 8415903133651129
5,000,000 Par Value At 96.432 %
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 218
Menifee Mayor and City Council
September 4, 2024
Page
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
06/10/24
06/10/24
06/10/24
06/10/24
06/11/24
Sell Accrued Interest
Asset Income
Asset Income
Asset Income
Purchase
Received Accrued Interest On Sale Of
F H L B Deb 0.625% 3/24/25
Income Credit 6,597.22 USD
6,597.22
Interest Earned On
F F C B Deb 0.650% 6/09/25
0.00325 USD/$1 Pv On 4,000,000 Par Value Due 6/9/24
13,000.00
4,250.00Interest Earned On
F H L B Deb 4.250% 12/10/27
0.02125 USD/$1 Pv On 200,000 Par Value Due 6/10/24
Interest Earned On
Toronto Dominion Mtn 4.108% 6/08/27
0.02054 USD/$1 Pv On 40,000 Par Value Due 6/10/24
821.60
Purchased 570,000 Par Value Of -569,913.42 569,913.42
Bmw Vehicle Owner 5.180% 2/26/29
Trade Date 6/4/24
Purchased Through J.P. Morgan Securities LLC
Purchased On The Offexchange Transactions List
Swift External Ref#: 8415603133643589
570,000 Par Value At 99.98481053 %
06/13/24
06/17/24
06/17/24
06/17/24
06/17/24
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
F H L B Deb 4.625% 12/13/24
0.023125 USD/$1 Pv On 210,000 Par Value Due 6/13/24
4,856.25
175.00
20.51 Interest Earned On
F N M A 0.500% 6/17/25
0.0025 USD/$1 Pv On 70,000 Par Value Due 6/17/24
Interest Earned On
Toyota Auto Rec 0.710% 4/15/26
$0.00059/Pv On 34,665.52 Pv Due 6/15/24
Paid Down 3,442.43 Par Value Of
Toyota Auto Rec 0.710% 4/15/26
Trade Date 6/15/24
3,442.43
2.79 -3,241.94
Asset Income Interest Earned On
Gm Fin Cons Auto 0.680% 9/16/26
$0.00057/Pv On 4,922.80 Pv Due 6/16/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 219
Menifee Mayor and City Council
September 4, 2024
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
06/17/24
06/17/24
06/17/24
06/17/24
06/17/24
06/17/24
06/17/24
06/17/24
06/17/24
06/17/24
06/17/24
Sale Paid Down 450.12 Par Value Of
Gm Fin Cons Auto 0.680% 9/16/26
Trade Date 6/16/24
450.12 -450.11
Asset Income
Sale
Interest Earned On
Gm Fin Cons Auto 1.260% 11/16/26
6.16 507.36
0.06 $0.00105/Pv On 5,865.53 Pv Due 6/16/24
Paid Down 507.36 Par Value Of
Gm Fin Cons Auto 1.260% 11/16/26
Trade Date 6/16/24
-507.32
-281.13
Asset Income
Sale
Interest Earned On
Toyota Auto Recv 0.260% 5/15/25
$0.00022/Pv On 281.18 Pv Due 6/15/24
Paid Down 281.18 Par Value Of
Toyota Auto Recv 0.26003% 5/15/25
Cmo Final Paydown
281.18
100.62
5,405.87
31.69 Asset Income
Sale
Interest Earned On
Honda Auto Rec Own 1.880% 5/15/26
$0.00157/Pv On 64,229.20 Pv Due 6/15/24
Paid Down 5,405.87 Par Value Of
Honda Auto Rec Own 1.880% 5/15/26
Trade Date 6/15/24
-5,199.98
-1,416.58
-981.33
Asset Income
Sale
Interest Earned On
Hyundai Auto Rec 2.220% 10/15/26
$0.00185/Pv On 17,130.21 Pv Due 6/15/24
Paid Down 1,416.63 Par Value Of
Hyundai Auto Rec 2.220% 10/15/26
Trade Date 6/15/24
1,416.63
5.28Asset Income
Sale
Interest Earned On
Hyundai Auto Rec Tr 0.740% 5/15/26
$0.00062/Pv On 8,555.82 Pv Due 6/15/24
Paid Down 995.6 Par Value Of
Hyundai Auto Rec Tr 0.740% 5/15/26
Trade Date 6/15/24
995.60
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 220
Menifee Mayor and City Council
September 4, 2024
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
06/17/24
06/17/24
06/17/24
06/17/24
06/17/24
06/17/24
06/17/24
06/17/24
06/17/24
06/17/24
06/17/24
Asset Income Interest Earned On
John Deere Owner 2.320% 9/15/26
$0.00193/Pv On
11.46 5,928.74 Pv Due 6/15/24
Sale Paid Down 376.04 Par Value Of
John Deere Owner 2.320% 9/15/26
Trade Date 6/15/24
376.04
2.17 -375.96
Asset Income
Sale
Interest Earned On
John Deere Own 0.520% 3/16/26
$0.00043/Pv On 5,015.05 Pv Due 6/15/24
Paid Down 604.22 Par Value Of
John Deere Own 0.520% 3/16/26
Trade Date 6/15/24
604.22
43.48 -604.17
-748.14
Asset Income
Sale
Interest Earned On
John Deere Ownr Tr 3.740% 2/16/27
$0.00312/Pv On 13,950.55 Pv Due 6/15/24
Paid Down 748.21 Par Value Of
John Deere Ownr Tr 3.740% 2/16/27
Trade Date 6/15/24
748.21
106.04
83.50 Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Interest Earned On
John Deere Owner 5.090% 6/15/27
$0.00424/Pv On 25,000.00 Pv Due 6/15/24
Interest Earned On
John Deere Owner 5.010% 11/15/27
$0.00418/Pv On 20,000.00 Pv Due 6/15/24
Interest Earned On
Mercedes Benz Auto 4.510% 11/15/27
$0.00376/Pv On
131.54
78.33 35,000.00 Pv Due 6/15/24
Interest Earned On
Toyota Auto Rec 3.760% 4/15/27
$0.00313/Pv On 25,000.00 Pv Due 6/15/24
Interest Earned On 5,737.50
F F C B Deb 4.250% 12/15/28
0.02125 USD/$1 Pv On 270,000 Par Value Due 6/15/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 221
Menifee Mayor and City Council
September 4, 2024
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
06/17/24
06/17/24
06/17/24
06/17/24
06/17/24
06/17/24
06/18/24
06/18/24
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Purchase
Interest Earned On
National Rural Mtn 3.450% 6/15/25
0.01725 USD/$1 Pv On 10,000 Par Value Due 6/15/24
172.50
Interest Earned On
Prologis L P 4.875% 6/15/28
0.024375 USD/$1 Pv On 1,600,000 Par Value Due 6/15/24
39,000.00
16,400.00
16,500.00
17,500.00
21,875.00
830.03
Interest Earned On
U S Treasury Nt 4.000% 12/15/25
0.02 USD/$1 Pv On 820,000 Par Value Due 6/15/24
Interest Earned On
U S Treasury Nt 4.125% 6/15/26
0.020625 USD/$1 Pv On 800,000 Par Value Due 6/15/24
Interest Earned On
U S Treasury Nt 4.375% 12/15/26
0.021875 USD/$1 Pv On 800,000 Par Value Due 6/15/24
Interest Earned On
F H L B Deb 0.875% 6/16/26
0.004375 USD/$1 Pv On 5,000,000 Par Value Due 6/16/24
Interest Earned On
Honda Auto Rec Owner 5.270% 11/20/28
$0.00395/Pv On 210,000.00 Pv Due 6/18/24
Purchased 1,500,000 Par Value Of
U S Treasury Nt 4.625% 6/15/27
-1,505,683.59 1,505,683.59
Trade Date 6/17/24
Purchased Through J.P. Morgan Securities LLC
Purchased On The Offexchange Transactions List
Swift External Ref#: 8416903133671360
1,500,000 Par Value At 100.378906 %
06/18/24
06/18/24
Purchase Accrued Interest
Asset Income
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.625% 6/15/27
Income Debit 568.65- USD
-568.65
225.00Interest Earned On
Toyota Mtr Cr Mtn 1.125% 6/18/26
0.005625 USD/$1 Pv On 40,000 Par Value Due 6/18/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 222
Menifee Mayor and City Council
September 4, 2024
Page
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
06/20/24
06/21/24
06/21/24
06/21/24
06/21/24
06/21/24
Asset Income
Asset Income
Sale
Interest Earned On
Bank Amer Corp Mtn 1.319% 6/19/26
0.006595 USD/$1 Pv On 40,000 Par Value Due 6/19/24
263.80
Interest Earned On
Honda Auto Rec 0.880% 1/21/26
$0.00073/Pv On
3.27 468.34
4,464.09 Pv Due 6/21/24
Paid Down 468.34 Par Value Of
Honda Auto Rec 0.880% 1/21/26
Trade Date 6/21/24
-468.24
-40.26Sale Paid Down 40.26 Par Value Of
Honda Auto 0.270% 4/21/25
Trade Date 6/21/24
40.26 Cash Receipt
Purchase
Cash Receipt
Interest Due
43813Gac5 6/21/24
0.01 Purchased 800,000 Par Value Of -793,656.25 793,656.25 U S Treasury Nt 4.125% 3/31/29
Trade Date 6/20/24
Purchased Through Bmo Capital Markets Corp/Bonds
Purchased On The Offexchange Transactions List
Swift External Ref#: 8417203133683377
800,000 Par Value At 99.20703125 %
06/21/24
06/21/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.125% 3/31/29
Income Debit 7,393.44- USD
-7,393.44
Purchased 750,000 Par Value Of -782,841.80 782,841.80
U S Treasury Bd 5.250% 2/15/29
Trade Date 6/20/24
Purchased Through BofA Securities, Inc.
Purchased On The Offexchange Transactions List
Swift External Ref#: 8417203133683354
750,000 Par Value At 104.37890667 %
06/21/24 Purchase Accrued Interest Paid Accrued Interest On Purchase Of U S Treasury Bd 5.250% 2/15/29
Income Debit 13,737.98- USD
-13,737.98
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 223
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
06/21/24 Purchase Purchased 1,600,000 Par Value Of
U S Treasury Nt 4.500% 5/31/29
Trade Date 6/20/24
-1,614,812.50 1,614,812.50
Purchased Through J.P. Morgan Securities LLC
Purchased On The Offexchange Transactions List
Swift External Ref#: 8417203133683385
1,600,000 Par Value At 100.92578125 %
06/21/24
06/21/24
Purchase Accrued Interest
Sale
Paid Accrued Interest On Purchase Of
U S Treasury Nt 4.500% 5/31/29
Income Debit 4,131.15- USD
-4,131.15
Sold 5,000,000 Par Value Of
F H L B Deb 0.750% 6/30/25
Trade Date 6/20/24
4,782,000.00 -5,000,000.00
Sold Through Pershing LLC
Sold On The Marketaxess Corporation
Swift External Ref#: 8417203133683339
5,000,000 Par Value At 95.64 %
06/21/24
06/24/24
06/24/24
Sell Accrued Interest
Asset Income
Sale
Received Accrued Interest On Sale Of
F H L B Deb 0.750% 6/30/25
Income Credit 17,812.50 USD
17,812.50
20,000.00
20,000.00
Interest Earned On
F F C B Deb 0.800% 6/22/26
0.004 USD/$1 Pv On 5,000,000 Par Value Due 6/22/24
Full Call -20,015.45
20,000 $1 Pv
Jpmorgan Chase 0.969% 6/23/25
On 06/23/24 At 1.00 USD
Lt Capital Loss Of 15.45- USD On Federal Cost
Federal Tax Cost 20,015.45 USD
Corporate Action Id: 555006
06/24/24
06/25/24
Asset Income
Asset Income
Interest Earned On
Jpmorgan Chase 0.969% 6/23/25
0.004845 USD/$1 Pv On 20,000 Par Value Due 6/23/24
96.90 89.23Interest Earned On
F H L B Gtd Remic 3.171% 10/25/24
$0.00264/Pv On 33,769.02 Pv Due 6/25/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 224
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
06/25/24
06/25/24
06/25/24
06/25/24
06/25/24
06/25/24
06/25/24
06/25/24
06/25/24
06/25/24
06/25/24
Sale Paid Down 635.34 Par Value Of
F H L B Gtd Remic 3.171% 10/25/24
Trade Date 6/25/24
635.34 -683.44
Asset Income
Sale
Interest Earned On
F H L M C Mltcl Mtg 2.670% 12/25/24
33.38 150.58
$0.00223/Pv On 15,000.00 Pv Due 5/25/24
Paid Down 150.58 Par Value Of
F H L M C Mltcl Mtg 2.670% 12/25/24
Trade Date 5/25/24
-151.99
Asset Income
Sale
Interest Earned On
F H L M C Mltcl Mt 3.064% 8/25/24
39.46 $0.00255/Pv On 15,452.57 Pv Due 6/25/24
Paid Down 3,196.95 Par Value Of
F H L M C Mltcl Mt 3.064% 8/25/24
Trade Date 6/25/24
3,196.95
164.20
-3,252.90
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
0.002737 USD/$1 Pv On 60,000 Par Value Due 6/25/24
Interest Earned On
F H L M C Mltcl Mtg 2.525% 5/25/26
0.002104 USD/$1 Pv On 120,000 Par Value Due 6/25/24
252.50
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 6/25/24
82.58 Interest Earned On
F H L M C Mltcl Mt 3.900% 8/25/28
$0.00325/Pv On 1,500,000.00 Pv Due 6/25/24
4,875.00
469.26Interest Earned On
Bmw Vehicle Lease 5.160% 11/25/25
$0.00430/Pv On 109,129.00 Pv Due 6/25/24
Paid Down 12,240.89 Par Value Of
Bmw Vehicle Lease 5.160% 11/25/25
Trade Date 6/25/24
12,240.89 -12,263.03
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 225
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
06/25/24
06/25/24
06/25/24
06/25/24
06/25/24
06/25/24
06/25/24
06/25/24
06/25/24
06/25/24
06/25/24
Asset Income Interest Earned On
Bmw Veh Owner Tr 3.210% 8/25/26
$0.00268/Pv On
27.25 10,188.25 Pv Due 6/25/24
Sale Paid Down 854.99 Par Value Of
Bmw Veh Owner Tr 3.210% 8/25/26
Trade Date 6/25/24
854.99
96.83 -854.95
Asset Income
Sale
Interest Earned On
F H L M C Mltcl Mtg 3.329% 5/25/25
$0.00277/Pv On 34,905.95 Pv Due 6/25/24
Paid Down 69.17 Par Value Of
F H L M C Mltcl Mtg 3.329% 5/25/25
Trade Date 6/25/24
69.17 -71.09
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Asset Income
Interest Earned On
F H L M C Mltcl Mt 3.334% 8/25/25
$0.00278/Pv On
69.46 25,000.00 Pv Due 6/25/24
Interest Earned On
F H L M C Mltcl Mtg 2.995% 12/25/25
$0.00250/Pv On 125,000.00 Pv Due 6/25/24
311.98
160.13
276.35
199.09
200.08
265.58
Interest Earned On
F H L M C Mltcl Mtg 2.745% 1/25/26
$0.00229/Pv On 70,000.00 Pv Due 6/25/24
Interest Earned On
F H L M C Mltcl Mt 2.653% 8/25/26
$0.00221/Pv On 125,000.00 Pv Due 6/25/24
Interest Earned On
F H L M C Mltcl Mtg 3.413% 12/25/26
$0.00284/Pv On 70,000.00 Pv Due 6/25/24
Interest Earned On
F H L M C Mltcl Mt 3.430% 1/25/27
$0.00286/Pv On 70,000.00 Pv Due 6/25/24
Interest Earned On
F H L M C Mltcl Mt 3.187% 9/25/27
$0.00266/Pv On 100,000.00 Pv Due 6/25/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 226
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
06/25/24
06/25/24
06/28/24
06/28/24
06/28/24
Asset Income
Asset Income
Asset Income
Sale
Interest Earned On
F H L M C Mltcl Mt 2.525% 10/25/26
$0.00210/Pv On 125,000.00 Pv Due 6/25/24
263.02
Interest Earned On
F H L M C Mltcl Mtg 2.031% 9/25/28
$0.00169/Pv On 135,000.00 Pv Due 6/25/24
228.49
35.39Interest Earned On
F H L M C Mltcl Mtg 3.241% 9/25/24
$0.00270/Pv On 13,104.14 Pv Due 6/25/24
Paid Down 1,286.99 Par Value Of
F H L M C Mltcl Mtg 3.241% 9/25/24
Trade Date 6/25/24
1,286.99
-768,218.75
-1,354.96
Purchase Purchased 800,000 Par Value Of 768,218.75
U S Treasury Nt 3.125% 8/31/27
Trade Date 6/27/24
Purchased Through J.P. Morgan Securities LLC
Purchased On The Offexchange Transactions List
Swift External Ref#: 8417903133697381
800,000 Par Value At 96.02734375 %
06/28/24
06/28/24
Purchase Accrued Interest
Purchase
Paid Accrued Interest On Purchase Of
U S Treasury Nt 3.125% 8/31/27
Income Debit 8,152.17- USD
-8,152.17
Purchased 800,000 Par Value Of
U S Treasury Nt 4.125% 10/31/27
Trade Date 6/27/24
-791,875.00 791,875.00
Purchased Through BofA Securities, Inc.
Purchased On The Offexchange Transactions List
Swift External Ref#: 8417903133697392
800,000 Par Value At 98.984375 %
06/28/24 Purchase Accrued Interest Paid Accrued Interest On Purchase Of U S Treasury Nt 4.125% 10/31/27
Income Debit 5,290.76- USD
-5,290.76
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 227
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 TRANSACTION DETAIL (continued)
Date
Posted Activity Description Cash Tax Cost
06/28/24
06/28/24
Purchase Purchased 800,000 Par Value Of
U S Treasury Nt 4.625% 4/30/29
Trade Date 6/27/24
Purchased Through J.P. Morgan Securities LLC
Purchased On The Offexchange Transactions List
Swift External Ref#: 8417903133697407
800,000 Par Value At 101.34765625 %
-810,781.25 810,781.25
Purchase Accrued Interest Paid Accrued Interest On Purchase Of U S Treasury Nt 4.625% 4/30/29
Income Debit 5,932.07- USD
-5,932.07
Purchase
Sale
Combined Purchases For The Period 6/ 1/24 - 6/30/24 Of
Federated Hermes Govt Obligs Is
-3,008,987.47
5,845,137.39
3,008,987.47
-5,845,137.39Combined Sales For The Period 6/ 1/24 - 6/30/24 Of Federated Hermes Govt Obligs Is
Ending Balance 06/30/2024 $0.00 $129,101,561.18
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 228
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024
SALE/MATURITY SUMMARY
Settlement Estimated
Date Description Tax Cost Proceeds Gain/Loss
Taxable Bonds
Bmw Veh Owner Tr
A B S Ser 2022 A Cl A 3
08/25/2026
BVO3226
Var
06/25/24
06/25/24
Paid Down 854.99
Par Value
Trade Date 6/25/24
-854.95 854.99 0.04
Bmw Vehicle Lease
A B S Ser 2023 1 Cl A 3
5.160 11/25/2025
05593AAC3
Paid Down 12,240.89
Par Value
Trade Date 6/25/24
-12,263.03 12,240.89 -22.14
-48.10
-67.97
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
06/25/24 Paid Down 635.34
Par Value
Trade Date 6/25/24
-683.44 635.34
F H L M C Multiclass Mtg Partn
C M O Ser K040 Cl A2
3.241 09/25/2024
FHL3224
06/28/24 Paid Down 1,286.99
Par Value
-1,354.96 1,286.99
Trade Date 6/25/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 229
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 SALE/MATURITY SUMMARY (continued)
Settlement
Date
Estimated
Gain/LossDescription Tax Cost Proceeds
F H L M C Multiclass Mtg Partn
C M O Ser K042 Cl A2
2.670 12/25/2024
3137BFXT3
06/25/24 Paid Down 150.58
Par Value
-151.99 150.58 -1.41
Trade Date 5/25/24
F H L M C Multiclass Mtg Partn
C M O Ser K047 Cl A2
3.329 05/25/2025
FHL3325A
06/25/24 Paid Down 69.17 Par
Value
-71.09 69.17 -1.92
Trade Date 6/25/24
F H L M C Multiclass Mtg Partn
C M O Ser K728 Cl A2
08/25/2024
FHL3024
Var
06/25/24 Paid Down 3,196.95
Par Value
-3,252.90 3,196.95 -55.95
Trade Date 6/25/24
Federal Home Loan Bks
0.625 03/24/2025
3130AMST0
06/10/24 Sold 5,000,000 Par
Value
-5,000,000.00 4,821,600.00 -178,400.00
Trade Date 6/7/24
Sold Through Pnc Bank Na/Pnc Cap Markets
Sold On The Marketaxess Corporation
Swift External Ref#: 8415903133651129
5,000,000 Par Value At 96.432 %
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 230
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 SALE/MATURITY SUMMARY (continued)
Settlement Estimated
Date Description Tax Cost Proceeds Gain/Loss
Federal Home Loan Bks
0.750 06/30/2025
3130AMX31
06/21/24 Sold 5,000,000 Par
Value
-5,000,000.00 4,782,000.00 -218,000.00
Trade Date 6/20/24
Sold Through Pershing LLC
Sold On The Marketaxess Corporation
Swift External Ref#: 8417203133683339
5,000,000 Par Value At 95.64 %
Gm Fin Cons Auto Rec
A B S Ser 2022 1 Cl A3
1.260 11/16/2026
GFC1226
06/17/24
06/17/24
06/17/24
Paid Down 507.36
Par Value
Trade Date 6/16/24
-507.32
-450.11
507.36
450.12
0.04 0.01
Gm Fin Cons Auto Rec Tr
A B S Ser 2021 4 Cl A 3
0.680 09/16/2026
GFC0626
Paid Down 450.12
Par Value
Trade Date 6/16/24
Honda Auto Rec Ownr Tr
A B S Ser 2022 1 Cl A 3
1.880 05/15/2026
HAR1826
Paid Down 5,405.87
Par Value
-5,199.98 5,405.87 205.89
Trade Date 6/15/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 231
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 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
06/21/24
06/21/24
06/17/24
06/17/24
Paid Down 468.34
Par Value
Trade Date 6/21/24
-468.24 468.34 0.10
Honda Auto Receivables
A B S Ser 2021 1 Cl A3
0.270 04/21/2025
43813GAC5
Paid Down 40.26 Par
Value
Trade Date 6/21/24
-40.26 40.26
Hyundai Auto Rec Tr
A B S Ser 2021 C Cl A3
0.740 05/15/2026
HAR0726
Paid Down 995.6 Par
Value
Trade Date 6/15/24
-981.33 995.60 14.27
Hyundai Auto Rec Tr
A B S Ser 2022 A Cl A3
10/15/2026
HAR2226
Var
Paid Down 1,416.63
Par Value
-1,416.58 1,416.63 0.05
Trade Date 6/15/24
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 232
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 SALE/MATURITY SUMMARY (continued)
Settlement Estimated
Date Description Tax Cost Proceeds Gain/Loss
John Deere Own
A B S Ser 2021 B Cl A 3
03/16/2026
JDO0926
Var
06/17/24 Paid Down 604.22
Par Value
-604.17 604.22 0.05
Trade Date 6/15/24
John Deere Owner Tr
A B S Ser 2022 Cl A 3
09/15/2026
JDO2326
Var
06/17/24 Paid Down 376.04
Par Value
-375.96 376.04 0.08
Trade Date 6/15/24
John Deere Ownr Tr
A B S Ser 2022 B Cl A3
02/16/2027
JDO6827
Var
06/17/24
06/03/24
Paid Down 748.21
Par Value
Trade Date 6/15/24
-748.14 748.21 0.07
Jpmorgan Chase Co
0.824 06/01/2025
46647PCH7
Full Call 40,000
40,000 $1 Pv
-40,048.60 40,000.00 -48.60
On 06/01/24 At 1.00 USD
Lt Capital Loss Of 48.60- USD On Federal Cost
Federal Tax Cost 40,048.60 USD
Corporate Action Id: 554254
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 233
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 SALE/MATURITY SUMMARY (continued)
Settlement Estimated
Date Description Tax Cost Proceeds Gain/Loss
Jpmorgan Chase Co
0.969 06/23/2025
46647PCK0
06/24/24 Full Call 20,000
20,000 $1 Pv
-20,015.45 20,000.00 -15.45
On 06/23/24 At 1.00 USD
Lt Capital Loss Of 15.45- USD On Federal Cost
Federal Tax Cost 20,015.45 USD
Corporate Action Id: 555006
Toyota Auto Rec Own Tr
A B S Ser 2021 D Cl A 3
04/15/2026
TAR0726
Var
06/17/24
06/17/24
Paid Down 3,442.43
Par Value
Trade Date 6/15/24
-3,241.94 3,442.43 200.49
Toyota Auto Recv Tr
A B S Ser 2021 A Cl A3
0.260 05/15/2025
TAR0325A
Paid Down 281.18
Par Value
-281.13 281.18 0.05
Cmo Final Paydown
Total Taxable Bonds -$10,093,011.57
-$10,093,011.57
$9,696,771.17
$9,696,771.17
-$396,240.40
-$396,240.40Total Sales & Maturities
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 234
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024
SALE/MATURITY SUMMARY MESSAGES
Estimated Year-To-Date Short-Term Gain (Loss): $221.43
Estimated Year-To-Date Long-Term Gain (Loss): ($556,717.37) Estimates should not be used for tax purposes
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 235
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024
BOND SUMMARY
Percentage of
CategoryPar Value Market Value
MATURITY
2024
2025
2026
2027
2028
2029
2030
3,477,055.87
28,011,724.89
35,838,443.61
16,558,202.34
16,180,000.00
27,830,000.00
0.00 3,435,802.41
27,095,553.26
33,848,132.63
16,219,141.09
15,944,810.80
27,537,783.35
0.00 2.74
21.60 26.98
12.92 12.70
21.94 0.00
2031 0.00 0.00 0.00
2032 0.00 0.00 0.00
2033 0.00 0.00 0.00
2034 - 2038
2039 - 2043
2044 - 2048
2049 - 2053
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 1.121,500,000.00 1,417,950.00
Total of Category $129,395,426.71 $125,499,173.54 100.00 Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 236
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September 4, 2024
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ACCOUNT NUMBER: 6736302020 June 1, 2024 to June 30, 2024 BOND SUMMARY (continued)
Percentage of
CategoryPar Value Market Value
MOODY'S RATING
Aaa
Aa2
Aa3
A1
A2
A3
94,256,528.42
55,000.00
91,064,999.37
51,400.05
72.56 0.04
0.07 14.18
3.35 5.75
0.02 4.03
90,000.00 86,695.25
18,137,000.00
4,245,000.00
7,335,000.00
30,000.00
17,796,776.77
4,207,487.90
7,211,282.75
28,579.80Baa1
N/A 5,246,898.29 5,051,951.65
Total of Category $129,395,426.71 $125,499,173.54 100.00
S&P RATING
AAA
AA+
AA
AA-
A+
A
A-
N/A
4,599,372.44
33,450,000.00
115,000.00
4,441,936.84
31,567,554.55
107,219.25
3.54 25.15
0.09 0.56
4.12 10.23
8.42 47.89
700,000.00 698,110.00
5,195,000.00
12,975,000.00
10,907,000.00
61,454,054.27
5,165,530.80
12,842,889.25
10,568,473.22
60,107,459.63
Total of Category $129,395,426.71 $125,499,173.54 100.00
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 - June 2024
Item Page Number: 237
Menifee Mayor and City Council
September 4, 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 - June 2024
Item Page Number: 238
Menifee Mayor and City Council
September 4, 2024
Page
271 of 489
024106
-UC-181
U.S. Bank
1555 N. Rivercenter Dr.
Suite 300
Milwaukee, WI 53212
000018288 06 SP
CITY OF MENIFEE
000638746960666 S
FINANCE DEPARTMENT
29844 HAUN ROAD
MENIFEE, CA 92586
Item Title: 10.3
Treasurer's Report - June 2024
Item Page Number: 239
Menifee Mayor and City Council
September 4, 2024
Page
272 of 489
CITY OF MENIFEE
SUBJECT: Senate Bill 1205 Annual Compliance Report
MEETING DATE: September 4, 2024
TO: Mayor and City Council
PREPARED BY: Sonya Bu, Fire Marshal
REVIEWED BY: Rebekah Kramer, Assistant to the City Manager APPROVED BY: Armando G. Villa, City Manager
-------------------------------------------------------------------------------------------------------------------------------
RECOMMENDED ACTION
1. Adopt a resolution acknowledging receipt of a report regarding the inspection of certain occupancies requiring annual inspections pursuant to California Health and Safety Code Sections 13145, 13146, and 17921.
DISCUSSION
On September 27, 2018, the State of California approved Senate Bill (SB) 1205. SB 1205 requires City and County Fire Departments provide an annual compliance report to its administering authority. The adoption of the attached resolution is required to acknowledge receipt of the report.
Health and Safety Code sections 13145 and 13146 mandates City and County Fire Departments enforce building standards adopted by the State Fire Marshal. Included in these standards are requirements for annual inspections of hotels, motels, lodging houses, and apartment houses, as well as private and public schools.
The City of Menifee Fire Department assures compliance of these facilities by scheduling inspections with property owners during the properties’ assigned inspection dates. The Fire Department has completed the required inspections of all known facilities as mandated by SB 1205 for Fiscal Year 2023/2024 as shown in the attached State Mandated Inspections List.
STRATEGIC PLAN OBJECTIVE
Safe and Vibrant Community
FISCAL IMPACT
There is no fiscal impact associated with the recommended action.
Item Title: 10.4
Senate Bill 1205 Annual Compliance Report
Item Page Number: 1
Menifee Mayor and City Council
September 4, 2024
Page
273 of 489
City of Menifee Staff Report
Senate Bill 1205 Annual Compliance Report
September 4, 2024