Palo Alto City Council
August 17, 2026

Book Value Market Value
City Investment Portfolio 540,468,988$ 528,545,305 $ Other Liquid Accounts
Cash with Wells Fargo Bank 2,836,723 2,836,723 Cash with US Bank & Receivables 57,564,793 57,564,793 Fidelity Money Market Funds 39,210,090 39,210,090 Local Agency Investment Fund (LAIF) 42,998,482 42,998,482 Total - Other Liquid Accounts 142,610,088 142,610,088 CONSOLIDATED PORTFOLIO TOTAL (Attachment B) 683,079,076 671,155,393 Other Debt Service Funds*
Debt Service Proceeds
US Bank Trust Services **
2009 Water Revenue Bonds (Build America Bonds)
Debt Service and Reserve Funds 2,125,189 2,125,189 2011 Utility Revenue Refunding Bonds
Debt Service and Reserve Funds 593,117 593,117 2018 Capital Improvement (Golf Course & 2002B COP Refinance) (Taxable- Green Bond) Certificates of Participation
Debt Service Funds 940 940 2019 California Avenue Parking Garage Certificates of Participation (Tax-Exempt and Taxable Bonds)
Debt Service and Reserve Funds 4,167 4,167 2021 Public Safety Building Certificates of Participation Debt Service Funds 6,881 6,881 2022A & B General Obligation (Library) Bond
Cost of Issuance Funds 4,344 4,344 California Asset Management Program (CAMP) ***
2012 University Ave. Parking Refunding Bonds
Reserve Fund 3,244,271 3,244,271
Public Agencies Post-Employment Benefits Trust ****
Public Agency Retirement Services (PARS) 131,022,499 131,022,499 Total Other Funds 137,001,408 137,001,408 GRAND TOTAL 820,080,484 $ 808,156,801 $
* These funds are subject to the requirements of the underlying debt indenture. ** U.S. Bank investments are in money market mutual funds that exclusively invest in U.S. Treasury securities. *** CAMP investments are in money market mutual fund which invest in bankers acceptance, certificate of deposit, commercial paper, federal agency securities, and repurchase agreements. **** PARS investments are in moderately conservative index plus funds Attachment A
Fourth Quarter, Fiscal Year 2025-26
(Unaudited)
Consolidated Report of Cash Management
City of Palo Alto Cash and Investments