Agenda — Finance Committee, September 15, 2026

AGENDA

FINANCE COMMITTEE

SPECIAL MEETING NOTICE
SEPTEMBER 15, 2026

PUBLIC MEETING
4:00 P.M.

Members
Victor M. Gordo, Mayor
Tyron H
ampton, District 1
Rick Cole, District 2
Gene Masuda, District 4
STAFF
Karin Schnaider, Director of Finance
Arnold Lee, Chief Assistant City Attorney
Gloria Acevedo, Recording Secretary

MISSION STATEMENT
The Ci
ty of Pasadena is dedicated to delivering exemplary municipal services, responsive to our entire community and consistent
with our history, culture, and unique character.

In compliance with the Americans with Disabilities Act of 1990, Assistive Listening Device s are available from the City Clerk’s Office with a 24-hour advance notice.

Please call (626) 744-4124 to request use of a listening device.

Language translation services are available for this meeting by calling (626)744
-4124 at least 24 hours in advance.

Habrá servicio de interpretación disponible para éstas juntas llamando al (626)744-4124 por lo menos con 24 horas de anticipación.

Meetings
are broadcast live on cable Channel 3 and on the Internet at http://pasadena.granicus.com/mediaplayer.php?camera_id=2&publish_id=9 and https://www.pasadenamedia.org/watch/ (Click on Video Streamlining on the right side of the screen).

Items o
n the agenda may not be called in order listed. Agendas and supporting documents are available on the Internet at
https://www.cityofpasadena.net/commissions/city-council-finance-committee/ Material
s related to an item on this Agenda submitted to the Finance/Audit Committee after distribution of the agenda packet will be posted online and listed as: “Supplemental Agenda Material Received after the Posting of the agenda”

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PUBLIC COMMENT AT THE SPECIAL FINANCE COMMITTEE MEETING FOR SEPTEMBER 15, 2026, AT 4:00 P.M. WILL BE ACCEPTED IN-PERSON AND BY VIDEOCONFERENCE/TELECONFERENCE.

Link
to City Meeting Policy:
ci
tyofpasadena.net/CityCouncilMeetingPolicy
TO V
IEW A LIVE STREAM OF THE MEETING:
http:
//pasadena.granicus.com/MediaPlayer.php?publish_id=181
Pas
adena Media - YouTube
AND
WWW.P
ASADENAMEDIA.ORG
In order to facilitate public participation at meetings the City will accept public comment in the following manner:

1. Whether participating in-person or virtually at the meeting, members of the public may provide public comment by submitting a speaker card prior to the start of public comment on that item, at the following webpage:
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If a public comment speaker wishes to speak on more than one agenda item, please indicate which items on the online form (multiple item speakers will be handled according to the process posted on the agenda and as specified in the City meeting policy). Public comments are limited to 3 minutes each, and the Chair and Committee may limit this time if reasonable under the circumstances.

2. In-person Meeting Participation: Complete an online speaker card at the following website: www.cityofpasadena.net/commissions/public-comment/ After submitting a public speaker card, members of the public may attend the meeting in-person by coming to the Pasadena City Council Chamber, Room S249 at City Hall at the date and start-time of the posted meeting.

Virtual Meeting Participation: For virtual participants, you may attend by connecting to the meeting using a computer, other electronic device, or by telephone. Please review the agenda to identify the published start time for the meeting and connect to the meeting just prior to, or at the start of the meeting.

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promote the speaker into the meeting when it is time for their public comment.

Participants’ phone calls to the Committee meeting will be recorded as part of the Committee meeting. By staying on the line and making public comment during the Committee meeting by phone, you are agreeing to have your phone call recorded. Following is the connectivity information for virtual participation:

Computer or electronic devices, join the meeting at: cityofpasadena.net/cczoom Telephone only dial-in: 1-669-900-6833, Meeting ID: 161 482 446

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Help line will open 30 minutes prior to the posted start time of the meeting.

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respondence will be forwarded to the Committee prior to the start of the meeting, posted online, and made part of the legislative record for the item.

LIVESTREAM WITH CAPTIONING IS AVAILABLE AT WWW.PASADENAMEDIA.ORG, AND ALSO AT WWW.CITYOFPASADENA.NET/COMMISSIONS/AGENDAS, IF

YOU NEED A REASONABLE MODIFICATION OR ACCOMMODATION PURSUANT

TO THE AMERICANS WITH DISABILITIES ACT

BECAUSE YOU ARE UNABLE TO PARTICIPATE ELECTRONICALLY AS SET FORTH ABOVE, CONTACT THE CITY CLERK’S OFFICE
AS SOON AS POSSIBLE AT (626) 744-4124 OR
[email protected].

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SPECIAL MEETING
AGENDA

FINANCE COMMITTEE
SEPTEMBER 15, 2026
Public Meeting: 4:00 P.M.

Council Chamber, Pasadena City Hall
100 North Garfield Avenue, Room S249
The Fin
ance Committee may take action within its authority on
any item listed on this agenda as it deems appropriate following consideration and discussion of the matter.

PUBLIC MEETING - 4:00 P.M.

ROLL CALL
PUBLIC COMMENT – LIMITED TO ITEMS ON THIS SPECIAL MEETING

AGENDA AND WILL BE HEARD AT THE TIME THE ITEM IS

CONSIDERED

APPROVAL OF MINUTES
May
25, 2026 Cancellation Notice
June 8, 2026 Special Meeting

NEW BUSINESS

1. AUTHO

RIZE THE CITY MANAGER TO EXECUTE AGREEMENTS TO
ACCEPT FEDERAL COMMUNITY PROJECT FUNDING OF $850,000 AND

ENTER INTO A SUB-RECIPIENT AGREEMENT WITH PASADENA CITY

COLLEGE TO USE FUNDS FOR A NEW FACILITY FOR JOBS CREATION TRAINING AND EDUCATION AND AMEND THE CITY MANAGER’S OFFICE FISCAL YEAR 2027 OPERATING BUDGET

2. AUTHO

RIZE THE CITY MANAGER TO ENTER INTO A CONTRACT FOR
$3,239,091 WITH THE CALIFORNIA EMPLOYMENT DEVELOPMENT

DEPARTMENT FOR THE WORKFORCE INNOVATION OPPORTUNITY ACT PROGRAM AND AMEND THE CITY MANAGER’S FY 2027 OPERATING
BUDGET BY $808,267 TO RECOGNIZE AND APPROPRIATE THE FUNDS

3. QUART
ERLY INVESTMENT REPORT - QUARTER ENDING JUNE 30, 2026

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ADJOURN

4. CONSIDERATION OF NEW DAY AND TIME FOR THE REGULAR

FINANCE/AUDIT COMMITTEE MEETINGS

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APPROVAL OF MINUTES
• May 25, 2026 Cancellation Notice
• June 8, 2026 Special Meeting

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01 06/08/26 Finance Committee Meeting

CITY OF PASADENA

MEETING OF THE FINANCE COMMITTEE MINUTES

PASADENA CITY HALL
100 NORTH GARFIELD AVENUE
CITY HALL COUNCIL CHAMBER S249
JUNE 8, 2026

REGULAR MEETING
O
PENING Chair Gordo called the regular meeting of the Finance Committee to order at 4:14 p.m.

ROLL CALL: Mayor Victor M. Gordo (Chair)
Councilmember Rick Cole
Councilmember Tyron Hampton (Absent)
Councilmember Gene Masuda
S
taff: Karin Schnaider, Director of Finance
Arnold Lee, Chief Assistant City Attorney
David Reyes, General Manager Water and Power
Vic Erganian, Deputy Finance Director/City Treasurer
Lynne Chaimowitz, Assistant General Manager
Greg de Vinck, Director of Public Works
Brent Maue, City Engineer
Phyllis Hallowell, Public Works Administrator
Michael Go, Rate Analyst
Gloria Acevedo, Recording Secretary
AP
PROVAL OF MINUTES: It was moved by Councilmember Masuda, seconded by Councilmember Cole, to approve the March 23, 2026, Special Meeting of the Finance Committee minutes (Motion unanimously carried) (Absent:

Councilmember Hampton)
NEW BUSINESS: AMEND THE FISCAL YEAR 2026 CAPITAL IMPROVEMENT

PROGRAM BUDGET
Chair Gordo introduced the item.

It was moved by Councilmember Cole, seconded by Councilmember Masuda to approve staff’s recommendation and forward the item to the City Council for consideration (Motion unanimously carried) (Absent:

Councilmember Hampton)

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02 06/08/26 Finance Committee Meeting

JOINT ACTION ANNUAL READOPTION OF THE FISCAL YEAR
2026-2027 INVESTMENT POLICY AND INVESTMENT STRATEGY
Chair Gordo introduced the item and asked for a brief overview of economy. Vic Erganian, Deputy Finance Director/City Treasurer shared data on the labor market, which added more jobs than anticipated, interest rates are anticipated to increase by 25 basis points, and inflation is predicted to increase by 2-4%.

Councilmember Hampton)
ADJOURNMENT: On the order of the Chair, the regular meeting of the Finance Committee was adjourned at 4:22 p.m.

AT
TEST: ___________________________
Mayor Victor M. Gordo, Chair
Finance Committee
________
____________
Gloria Acevedo
Recording Secretary

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NEW BUSINESS
ITEM 1

1. A UTHORIZE THE CITY MANAGER TO EXECUTE AGREEMENTS
TO A

CCEPT FEDERAL COMMUNITY PROJECT FUNDING OF
$850,000 AND ENTER INTO A SUB-RECIPIENT AGREEMENT
W

ITH PASADENA CITY COLLEGE TO USE FUNDS FOR A NEW

FACILITY FOR JOBS CREATION TRAINING AND EDUCATION
AND AMEND THE CITY MANAGER’S OFFICE FISCAL YEAR
2 027 OPERATING BUDGET

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Agenda Report
September 15, 2026
TO: Honorable Mayor and City Council
THROUGH: Finance Committee
FROM: City Manager's Office
SUBJECT: AUTHORIZE THE CITY MANAGER TO EXECUTE AGREEMENTS TO ACCEPT FEDERAL COMMUNITY PROJECT FUNDING OF $850,000

AND ENTER INTO A SUB-RECIPIENT AGREEMENT WITH PASADENA

CITY COLLEGE TO USE FUNDS FOR A NEW FACILITY FOR JOBS

CREATION TRAINING AND EDUCATION AND AMEND THE CITY
MANAGER'S OFFICE FISCAL YEAR 2027 OPERATING BUDGET
RECOMMENDATION:

It is recommended that the City Council:

1. Find that the action proposed herein is not a "project" subject to the California Environmental Quality Act (CEQA) pursuant to State CEQA Guidelines Section 21065 and within the meaning of Section 15378(b);

2. Authorize the City Manager to enter into a contract with the U.S. Department of Housing and Urban Development for acceptance of $850,000 in Community Project Funding, and execute any subsequent agreements regarding this grant award;

3. Authorize the City Manager to enter into a sub-recipient agreement, without competitive bidding pursuant to City Charter Section 1002(1-1), contracts with other governmental entities, with Pasadena City College to use funds for a new facility for jobs creation training and education;

4. Grant the proposed subrecipient agreement an exemption from the Competitive Selection process pursuant to Pasadena Municipal Code Section 4.08.049(8), contracts for which the City's best interests are served; and

5. Amend the City Manager's Office Fiscal Year (FY) 2027 Operating Budget by recognizing revenue and appropriating $850,000 of federal Community Project Funding.
t
MEETING OF.AGENDA ITEM NO..

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Accept Community Project Funding and Authorize Sub-Recipient Agreement with Pasadena City College September 15, 2026

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BACKGROUND:

The City Manager's Office oversees citywide efforts to secure funding for various projects through Congressionally Directed Spending. Congresswoman Judy Chu helped secure FY24 Community Project Funding of $850,000 administered by the U.S.

Department of hlousing and Urban Development for a facility for Jobs Creation Training and Education. The new facility will provide alternative pathways of training and education in professional, technical, healthcare, and skilled trades professions and vocations.

The City consulted with our local partners at Pasadena Unified School District, Pasadena City College, and other private entities to assess appropriate sites and locations for this new facility. Pasadena City College was determined to have the ideal location suitable to accommodate a new two-story building up to 55,000 square feet.

The grant funding will be used for soft costs associated with environmental review, design, and other related services leading to construction of the new building. A sub- recipient agreement with Pasadena City College is needed to allow these grant funds to reimburse the costs associated with the new facility on their campus. Pasadena City College will also contribute funding for construction of the new building along with working to secure funding from state sources and private philanthropy.

COUNCIL POLICY CONSIDERATION:

The proposed action is consistent with the City Council's strategic planning goals to support and promote the quality of life and the local economy through a new facility for jobs creation training and education.

ENVIRONMENTAL ANALYSIS:

CEQA excludes from environmental review actions that are not "projects" as defined by CEQA Guidelines Section 21065 and within the meaning of Section 15378(b). Sections 21065 and 15378(b) define a project as an action which may cause either a direct physical change in the environment, or a reasonably foreseeable indirect physical change in the environment. Section 15378 excludes from the definition of "project" organizational or administrative governmental activities that do not result in physical changes to the environment. The actions proposed herein, authorizing the City Manager to execute all grant-related documents, a sub-recipient agreement with Pasadena City College, and amending the operating budget, are administrative governmental activities that does not result in physical changes to the environment, and therefore is not a "project" as defined by CEQA. Since the action is not a project subject to CEQA, no environmental document is required.

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Accept Community Project Funding and Authorize Sub-Recipient Agreement with Pasadena City College September 15, 2026

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FISCAL IMPACT:

Approval of the recommended action will amend the City Manager's Office FY 2027 Operating Budget by recognizing revenue and appropriating $850,000 in the General Fund (101) for a grant from the U.S. Department of hlousing and Urban Development.

Funds will be used for soft costs associated with environmental review, design, and other related services leading to construction of the new building at Pasadena City College.

Respectfully submitted,
^w.^

ALEXANDER HERNTANDEZ
Assistant to the City Manager
Approved by:
^
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MATTHEW 14'AWKESWORTH
Interim City Manager

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Authorize the City Manager to execute agreements to
accept Federal Community Project Funding of $850,000
and enter into a subrecipient agreement with
Pasadena City College to use funds for a new facility
for jobs creation training and education and
Amend FY 2027 Operating Budget
Finance Committee/City Council Meeting
September 15, 2026

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City Manager Department
Recommendations

1. Find that the action proposed herein is not a “project” subject to the California Envir
onmental Quality Act (CEQA) pursuant to State CEQA Guidelines Section 21065 and within the meaning of Section 15378(b);

2. Authorize the City Manager to enter into a contract with the U.S. Department of Hous
ing and Urban Development for acceptance of $850,000 in Community Project Funding, and execute any subsequent agreements regarding this grant award;

3. Authorize the City Manager to enter into a sub-recip ient agreement, without competitive bidding pursuant to City Charter Section 1002(H), contracts with other governmental entities, with Pasadena City College to use funds for a new facility for jobs creation training and education;

4. Grant the proposed subrecipient agreement an exemption from the Competitive Sele
ction process pursuant to Pasadena Municipal Code Section 4.08.049(B), contracts for which the City’s best interests are served; and

5. Amend the City Manager’s Office Fiscal Year (FY) 2027 Operating Budget by reco
gnizing revenue and appropriating $850,000 of federal Community Project Funding.
2

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City Manager Department
Background
• Congressionally Directed Spending secured
with su
pport from Congresswoman Judy Chu
• Funding will support a new facility for Jobs
Creati
on, Training and Education
• Pasadena City College has a si te on campus
for a new two-story 55,000 sf building
3

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City Manager Department
Background
• Funding will be used for soft costs associated
w
ith
environmental review, design, and other
services leading to construction of the new
building
• Subrecipient agreement with PCC is needed
to put fu
nds towards the project
• PCC will contribute majority of funding for new
faci
lity and seek funding from state sources
and private philanthropy
4

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City Manager Department
Fiscal Impact
• Amend the City Manager’s FY 2027 Operating
Budg
et by recognizing revenue and
appropriating $850,000 in the General Fund for
the Community Project Funding from the US
Department of Housing and Urban
Development
5

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NEW BUSINESS
ITEM 2

2. AUTHORIZE THE CITY MANAGER TO ENTER INTO A CONTRACT
F
OR $3,239,091 WITH THE CALIFORNIA EMPLOYMENT
D

EVELOPMENT DEPARTMENT FOR THE WORKFORCE

INNOVATION OPPORTUNITY ACT PROGRAM AND AMEND THE
C
ITY MANAGER’S FY 2027 OPERATING BUDGET BY $808,267 TO
R

ECOGNIZE AND APPROPRIATE THE FUNDS

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Workforce Innovation Opportunity Act Funding Authorization September 14, 2026

Page 2 of 4 ends

implementation of the Workforce Innovation Opportunity Act (WIOA). The funding covers the time period between July 1, 2026, through June 30, 2028.

The actual amount allocated for this grant period is $808,267 greater than the amount projected when FY27 budgets were submitted in April 2026. The increase in funds is based on a yearly state formulation incorporating local area population size, poverty rate, and unemployment. This additional funding will require that enrollment and services goals will be increased. Two additional staff will be needed to be brought on to ensure program goals and requirements are met. Both positions are vacant positions that were previously removed from the FY27 budget due to funding constraints. 1) Career Services Case Worker (Limited-Term) is essential to manage the increased client volume and service delivery demands resulting from the expansion of federal grant resources. 2) Management Analyst IV (MA IV - Limited-Term) is critical for ensuring budget oversight, administrative support, and compliance with federal WIOA grant regulations during this period of enhanced funding.

The WIOA program is the primary funding for career service activities performed by the Foothill Workforce Development Board. This is federal workforce funding from the Federal Department of Labor, that is passed through to the state of California to sub award to each local workforce area. The Foothill Workforce Development Board (FWDB) will provide administrative and programmatic duties for each of the programs designated in the funding.

Key program elements include:

Adult/Dislocated Worker: Unemployed or underemployed individuals are able to enroll into career services including but not limited to case management, occupational training, job search assistance, and other employment related supportive services.

Youth: Low-income youth facing barriers to employment will receive services such as case management, work readiness training, mentoring, and participate in paid work experiences.

Rapid Response: FWDB staff work along with the local EDD staff to coordinate services with local businesses that have provided a Work Adjustment and Retraining Notification (WARN). Staff provide information on available resources and assistance to affected employees to help them navigate unemployment and workforce development support system to reduce the length of their unemployed time.

Layoff Aversion: FWDB staff also meet with local businesses that are contemplating potential layoffs to help them identify training or other services that may support the retention of workers that may otherwise be laid off.

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Workforce Innovation Opportunity Act Funding Authorization September 14, 2026

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COUNCIL POLICY CONSIDERATION:

The WIOA grant program aligns with the City Council's strategic priorities related to workforce development, youth engagement, and economic opportunity. By providing career services, training, and work experience opportunities in high-demand fields, the program supports the development of a skilled workforce pipeline while expanding access to career pathways for adults, youth, and dislocated workers facing barriers to employment.

Additionally, the program strengthens partnerships between education, workforce development, and local employers, contributing to long-term economic vitality and community resilience.

ENVIRONMENTAL ANALYSIS:

The action proposed herein falls outside the definition of a "project" because it will not result in a direct or reasonably foreseeable indirect physical change in the environment under section 15060 (c), and because it is a type of project covered in 15378(b).

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Workforce Innovation Opportunity Act Funding Authorization September 14, 2026

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FISCAL IMPACT:

Approval of the recommended action will amend the City Manager's FY 2027 Operating Budget to recognize the additional revenues and appropriate $808,267 in the Workforce Innovation Opportunity Fund (Fund 681) to implement the Workforce Innovation Opportunity Act grant program. There is no matching funds requirement.

Prepared by:

MICHAEL TROGAN
Executive Director, Foothill Workforce
Development Board
Approved by:

MATTHEW�HAWKESWORTH
Interim City Manager
Respectfully submitted by,
DAVID A. KLUG
Economic Development Director

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City Manager Office
Economic Development Division
Foothill Workforce Development Board

WORKFORCE INNOVATION OPPORTUNITY

ACT (WIOA)

PROGRAM OVERVIEW
Pasadena City Council
September 15, 2026

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Economic Development Division
Grant Program Overview
• On July 1, 2026, the City was notified of a grant
alloc
ation in the amount of $3,239,091 from the State of
California Employment Development Department (EDD)
to support the implementation of the Workforce
Innovation Opportunity Act (WIOA)
• The funding covers the time period between July 1, 2026 throug
h June 30, 2028
• The actual amount allocated for this grant period is
$808,
267 greater than the amount projected when FY27
budgets were submitted in April 2026
2

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Economic Development Division
WIOA Programs
Adult/Dislocated Worker: Unemployed or underemployed individuals are able to enroll into career services including but not limited to case management, occupational training, job search assistance, and other employment related supportive services.

Youth: Low-income youth facing barriers to employment will receive services such as case management, work readiness training, mentoring, and participate in paid work experiences.

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Economic Development Division
Additional Positions
• Additional funding will require that enrollment and
services g
oals will be increased. Two additional staff will be
needed to be brought on to ensure program goals and
requirements are met.
1) Career Services Case Worker (Limited-Term) is essential to manage the increased client volume and service delivery demands resulting from the expansion of federal grant resources.
2) Management Analyst IV (MA IV - Limited-Term) is critical for ensuring budget oversight, administrative support, and compliance with federal WIOA grant regulations during this period of enhanced funding. • Both positions are vacant positions that were previously removed
from the FY27 budget due to funding constraints.
4

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Economic Development Division
Recommendation

1. Find that the proposed action is not a “project” subject to the Calif
ornia Environmental Quality Act (“CEQA”) pursuant to Public Resources Code Section 21065 and within the meaning of State CEQA Guidelines Sections 15060(c) and 15378(b);

2. Authorize the City Manager to execute a contract to receive funding in t
he amount of $3,239,091 for a two-year term to implement the Workforce Innovation Opportunity Act grant program and execute any related documents necessary to implement the program; and

3. Amend the City Manager’s FY 2027 Operating Budget by recognizing reven
ues and appropriating $808,267 in the Workforce Innovation Opportunity Fund (Fund 681) and increase the personnel allocation by

2.0 full-time equivalent (FTE) limited-term grant-funded positions. 5

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NEW BUSINESS
ITEM 3

3. QUARTERLY INVESTMENT REPORT - QUARTER ENDING
JUNE 30, 2026

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Ag
TO: Honorable Mayor and City Council
THROUGH: Finance Committee
FROM: Department of Finance
dJa eport
September 15, 2026
SUBJECT: QUARTERLY INVESTMENT REPORT - QUARTER ENDING
JUNE 30, 2026
RECOMMENDATION:

This report is for information. There is no staff recommendation for this item. The City Council may; however, take action relating to this item as it deems appropriate following consideration and discussion of the matter.

BACKGROUND:

Government Code Section 53646 (2)(b )( 1) states that in the case of a local agency, the Treasurer or Chief Fiscal Officer (CFO) may render a quarterly report to the legislative body of the local agency containing detailed information on: 1) all securities, investments, and moneys of the local agency; 2) a statement of compliance of the portfolio with the statement of investment policy; and 3) a statement of the local agency's ability to meet its pool's expenditure requirements for the next six-months. By making these reports optional, this bill does not impose a state-mandated local program; however, encourages local agencies to continue to report. The bill also states that the Treasurer or CFO may report whatever additional information or data may be required by the legislative body of the local agency.

The quarterly report shall include the following:

1. The type of investment, name of the issuer, date of maturity, par, and dollar amount invested in each security, investment, and money within the treasury;

2. The weighted average maturity of the investments within the treasury;

3. Any funds, investments, or programs, including loans, that are under the management of contracted parties;
MEETING OF ______ _ AGENDA ITEM i\!O. ____ _

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Quarterly Investment Report - Quarter Ending June 30, 2026 September 15, 2026

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4. The market value as of the date of the report and the source of this valuation for any security within the treasury; and

5. A description of the compliance with the Statement of Investment Policy.

Economic Summary
In the second quarter of 2026, the National U.S. economy expanded at a moderated pace of 1.5 percent annualized real Gross Domestic Product (GDP) growth, supported by stronger consumer spending, investment, and exports despite a pullback in government outlays.

The national housing market showed measured improvement amid high mortgage rates and the labor market strengthened with accelerating job gains and stable unemployment near 4.3 percent.

Inflation pressures eased on a monthly basis even as year-over-year readings remained elevated partly due to earlier energy shocks from geopolitical tensions, and financial markets delivered solid equity gains led by a 15.2 percent rise in the S&P 500 alongside mixed fixed-income results.

Growth (GDP):

GDP grew at an annual rate of 1.5 percent in Q2 of 2026, according to the advance estimate released today by the U.S. Bureau of Economic Analysis (BEA), down from 2.1 percent growth in the first quarter. The increase was driven by gains in consumer spending, investment, and exports, which were partially offset by a decline in government spending. Imports rose during the quarter, subtracting from overall GDP growth.

Consumer Spending:

Personal consumption expenditures, which account for roughly two-thirds of the United States economy, were the strongest contributor to GDP growth. Growth in personal consumption expenditures accelerated sharply to 3.2 percent from the previous quarter's 0.5 percent rate, adding 2.1 percentage points to real GDP growth.

Consumer spending on goods, led by prescription drugs and motor vehicles and parts, as well as services, led by food services and accommodations, picked up in the second quarter.

Housing Market:

The national residential real estate market experienced a measured pace of activity this spring amid economic uncertainty. Improved affordability supported home purchases, with existing home sales rising 2 percent and new home sales increasing 5.3 percent compared to the first quarter. Builders offered greater price concessions and incentives to manage elevated inventory levels, while many existing homeowners lowered their

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Quarterly Investment Report - Quarter Ending June 30, 2026 September 15, 2026

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asking prices. Buyers and sellers showed greater willingness to adapt to elevated interest rates, as evidenced by new home listings reaching their highest level in four years and an increase in first-time home buyers entering the market. However, activity remained constrained by weaker buyer confidence and the highest thirty-year fixed mortgage rates in nine months.

Labor Market:

Job growth sped up significantly in the second quarter of 2026, and other indicators of labor market strength either improved or held relatively steady. Unemployment claims in mid-July dropped to their lowest level since 1969. While the overall labor force participation rate continued to decline because of demographic trends, the rate for people ages 25 to 54 stayed high. Job openings also rose both in total numbers and relative to the number of unemployed people. As of June 30, 2026, the U.S. National unemployment rate was 4.2 percent. The unemployment rate for the State of California was 4.2 percent; Los Angeles County's unemployment rate was 5.3 percent and the unemployment rate for the City of Pasadena was 4.8 percent.

Net job gains in the second quarter of 2026 exceeded most estimates of the growth needed to keep employment levels steady, which helped keep the unemployment rate broadly stable. The rate held at the first-quarter average of 4.3 percent, matching mainstream views of the level consistent with stable inflation and free of swings in overall demand. By June 2026 it improved further to 4.2 percent.

Inflation:

Inflation pressures eased in the second quarter of 2026, with average monthly headline consumer price index inflation slowing to 0.2 percent from 0.4 percent in the first quarter, and the index itself declining 0.4 percent in June from the prior month. Over the twelve months through June 2026, headline consumer price index inflation stood at 3.5 percent, higher than the 2.7 percent rate a year earlier largely because of hostilities with Iran, while core inflation excluding food and energy slowed to 2.6 percent from 2.9 percent. The personal consumption expenditures price index, which the Federal Reserve targets at 2 percent, rose 3.7 percent over the same twelve-month period, up from 2.6 percent the prior year, with earlier energy price swings contributing notably to the increase.

Inflation in Los Angeles County as measured by the LA-Long Beach-Anaheim CPI Index was 3.4 percent year-over-year as of July 2026. Almost one percent increase of the index was contributed to food and energy.

Financial Markets:

Equity markets rallied strongly in the second quarter of 2026, supported by easing geopolitical tensions around the United States-Iran conflict and a robust corporate earnings season. The S&P 500 Index gained 15.2 percent for the quarter, recovering all first-quarter losses and bringing year-to-date returns to 10.2 percent. Market gains

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Quarterly Investment Report - Quarter Ending June 30, 2026 September 15, 2026

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broadened beyond large artificial intelligence-focused companies, with United States small-company stocks and emerging markets leading the way.

Fixed income markets in the second quarter experienced elevated yield volatility and new structural risks under Federal Reserve Chair Kevin Warsh. The 10-year Treasury yield began the quarter at approximately 4.30 percent, peaked at 4.67 percent in mid May, and ended at 4.47 percent after retreating on hopes of a Middle East peace deal, producing a net negative effect for duration-sensitive bond portfolios. Despite rising rates, the Bloomberg U.S. Aggregate Bond Index rose 0.7 percent for the quarter as higher starting yields allowed coupon income to largely offset price declines.

Total Funds Under Management
The table below represents total City funds under management based on their market values as of June 30, 2026:
6/30/2026 3/31/2026 Change
Pooled Investment Portfolio $843,840,666 $831,765,745 12,074,921 Capital Endowment 1,038,671 1,576,480 (537,809)
Power Fund Reserve for Working 46,552,835 46,254,869 297,966 Capital Special Funds 18,376,042 18,209,935 166,107
Investments Held with Fiscal Agents 231,260,378 244,960,747 (13,700,369) PARS Section 115 Trust 11,288,524 10,772,23 516,501
Total Funds Under Management $1,152,357,116 $1,153,539,799 $(1, 182,683) The Pooled Investment Portfolio value decreased by a net of $12,074,921 due to the following cash transactions during the quarter:

Net Investment Earnings (Fair Market Value Change plus Interest Income) $ 6,244,804 Deposits and Credit Card Receipts 150,790,612
Property Tax Revenues 60,891,546
Sales Tax and Other State Apportionments 19,748,714
HUD Receipts Net of Payments and Loans 3,291,518
Payroll and Payroll-related Expenses (103,660,359)
Vendor Payments and Accounts Payable Checks (89,555,003) Debt Service Payments Net of Reimbursements and Subsidies (21,621,257) Water and Power Payments Net of Receipts (25,706,610)
Net Transfer from Other Funds 1,242,475
Received Drawdown from General Obligatin Bonds for Library Project Expenses 10,408,481 Total $ 12,074,921
The Capital Endowment Fund decreased by $537,809, representing investment earnings for the period of $12,191 and $550,000 drawdown for Capital Improvement Project expenses for Fiscal Year 2026.

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Quarterly Investment Report - Quarter Ending June 30, 2026 September 15, 2026

Page 5 of 7 ends

The Power Fund Reserve for Working Capital portfolio increased by $297,966, representing investment earnings for the period adjusted by the change in the market value of investments.

The Special Funds increased by $166,107, representing investment earnings for the period adjusted by the change in market value of investments.

Investments held with fiscal agents decreased by a net $13,700,369 due to the following:
• A net decrease of $5,344,275 in trustee accounts for debt service payments made on the 2008 Paseo Bonds and 2016A Rose Bowl Bonds paid on 4/1/2026 by trustee.
• An increase of $113,604 for IRS subsidy received by trustee for 3/1/2026 payment related to 201 OD Rose Bowl Bonds.
• An increase of $1,938,783 in investment earnings, adjusted for changes in the market value of investments.
• A decrease of $10,408,481 representing drawdowns from the proceeds of the General Obligation Bonds for the Library Project expenses.

The PARS Section 115 Trust account increased by $516,501. The change was comprised of a $531,138 increase in market value of investments adjusted by $14,637 in investment expenses.

The City pools all internal funds to gain economies of scale and to simplify the investment function. There are over 100 funds in the Pooled Investment Portfolio. As of June 30, 2026, the General Fund's investment balance was estimated at $93.2 million, representing 8.09 percent of the Pooled Portfolio value. The General Fund's cash balance fluctuates daily based on the timing of revenues, receipts, and payment of expenditures. Investments in the Capital Endowment Fund, the Power Fund Reserve for Working Capital, the Special Funds, the PARS Section 115 Trust account, and funds held with fiscal agents are restricted funds or bond proceeds reserved in accordance with the City Charter, City ordinances, bond indentures, and Trust Agreements. The City targets an average duration of two years in managing the pooled portfolio with an effective historic duration range of 1.5 to 2.5 years based on market conditions, the portfolio's risk and return evaluation, the Treasury yield curve, and industry best practices as it pertains to public funds management. As of June 30, 2026, the portfolio's effective duration was 2.41 years.

Per government code requirements, attached are reports by each fund indicating the type of investments, date of maturity, par and dollar amount invested in each security, and investment and moneys within the Treasury with market values as of June 30, 2026. On a monthly basis, the City Treasurer prices the pooled portfolio and all other funds and investments under management. The market values are obtained from Interactive Data Corporation (IDC) and from Bloomberg Financial System. IDC is an independent third-party whose sole service is to provide market prices for all types of securities.

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Quarterly Investment Report - Quarter Ending June 30, 2026 September 15, 2026

Page 6 of 7 ends

The types of securities held in the portfolio and their percentage allocation to the total are in compliance with the City's Fiscal Year 2026 Investment Policy, which was adopted by the City Council on June 9, 2025, and Section 53600 of the State Government Code. The City Treasurer targets to maintain in excess of $70 million short-term, liquid investments (1-to-90-day maturities), which represent approximately 1 /12 of the City's total aggregate annual Operating Budget. As of June 30, 2026, the portfolio had $135.7 million in overnight short-term investments. This balance, along with anticipated cash flows into the City's account, represents a strong liquidity position to meet budgeted expenditures for the next three months.

The yield to maturity on the pooled portfolio began gradually increasing beginning April 2023 as a result of the Fed tightening the monetary policy by raising the Fed Funds rate. However, the Fed cut the overnight Fed Funds rate three times in 2025 and interest rates across the Treasury yield curve decreased during the quarter with the most declines occurring on the two to five-year maturities. The market currently is anticipating two 25 basis points (0.25%) increase in the Fed Funds rate in the next twelve months. The yield on the pooled portfolio tripled in the last twenty-four months and is expected to moderately increase depending on the Fed's actions over the next twelve-month period. The earnings rate on the pooled portfolio as of July 2026 was 4.11 percent.

The graph below represents the historic yield of the Pooled Portfolio from July 2021 to period ending July 31, 2026:

Pooled Portfolio Yield

5.00%

4.00%

3.00%

I I I I I

2.00%

I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I

1.00%

0.00%
.-I .-I .-I N N N N N N (Y') (Y') (Y') (Y') (Y') (Y') '-I" '-I" '-I" '-I" '-I" '-I" LI') LI') LI') LI') LI')

N N N N N N N N N N N N N N N N N N N N N N N N N N
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:, a, z � 2 2
:, a, z � 2 2
:, a, � V') � V') V') � V') � V')
COUNCIL POLICY CONSIDERATION:

This quarterly report supports the City Council's strategic planning goal to maintain fiscal responsibility and stability.

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Page 36 ends

Quarterly Investment Report - Quarter Ending June 30, 2026 September 15, 2026

Page 7 of 7 ends

FISCAL IMPACT:

There is no fiscal impact as a result of this report, nor will it have any indirect or support cost requirements. There is no anticipated impact to other operational programs or capital projects.

Respectfully submitted,
� kl 2dJ&1-tk

RINSCHNAIDER
Director of Finance
Prepared by:
�c£hn£6:L
tlcErganian
-(--r City Treasurer/Deputy Finance Director
Approved by:
�J§----=-MA TT�EW �AWKESWORTH
Interim City Manager
Attachment: ( 1)
Attachment A- Quarterly Investment Report - Quarter Ending June 30, 2026

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City of Pasadena
Quarterly Investment Report
Quarter Ending 0
6/30/2026
Prepared by the Department of Finance
Treasury Division
Attachment A

Page 38 ends

Quarterly Investment Report
I. Pooled Investment Portfolio
II. Capital Endowment Portfolio
III. Power Fund Reserve For
Working Capital Portfolio
IV. Miscellaneous Portfolios
V. Investments Held by Trustees
VI. PARS Section 115 Trust

Page 39 ends

I. P
ooled Investment Portfolio

Page 40 ends

CITY OF PASADENA
Treasurer's Pooled Investment Portfolio
Vicken Erganian
City Treasurer
June 2026

PORTFOLIO COMPLIANCE
The Treasurer's investment portfolio is in compliance with the California Government Code Section 53601 and the City's Investment Policy approved by the City Council on June 8, 2026. The holdings in the investment pool are in compliance with the current investment policy statement. Further information on compliance issues can be obtained by calling the City of Pasadena Treasurer's Office. A complete copy of the monthly investment report on the investment portfolio including a detailed listing of each investment, is available by calling the Treasurer's office at (626)744-4422.

PORTFOLIO STRUCTURE AS OF 06/30/2026

TYPE MARKET VALUE PERCENT
Money Market - Collateralized 1,302 0.00%
Certificates of Deposit 10,000,000 1.20%
Municipal Bonds 56,452,814 6.76%
Corporate Bonds 150,262,822 17.98%
Federal Agencies 427,353,228 51.15%
US Treasury Securities 37,299,135 4.46%
Supranationals 5,000,335 0.60%
Commercial Paper 9,991,970 1.20%
Money Market-CAMP 58,011,234 6.94%
Money Market Fund-US Bank 3,511,291 0.42%
LAIF 75,274,654 9.01%
Cash in Bank 2,375,381 0.28%
TOTALS: 835,534,166 100.00%
Accrued Interest Receivable 8,306,500
GRAND TOTAL: 843,840,666
PORTFOLIO LIQUIDITY AS OF 06/30/2026
Percent of
Aging Interval Par Value Portfolio
0-30 Days 162,423,862 19.24%
31 days - 1 Year 65,035,000 7.71%
1 - 2 Years 83,087,000 9.84%
2 - 3 Years 123,300,000 14.61%
3 - 4 Years 60,223,333 7.14%
4 - 5 Years 349,949,000 41.46%
Over 5 Years - 0.00%
TOTAL: 844,018,196 100.00%
Jun-26 May-26 Apr-26 Mar-26 Feb-26 Jan-26
Month-End Market Value 843,840,666 847,883,949 839,717,017 831,765,745 848,376,903 868,873,489 Modified Duration 2.41 2.37 2.39 2.42 2.18 2.16
Weighted Average Maturity 2.68 2.64 2.66 2.70 2.46 2.49 Current Book Yield to Maturity 4.065% 4.031% 3.997% 4.008% 3.896% 3.812% Effective Yield - Year to Date 3.800% 3.780% 3.760% 3.730% 3.700% 3.660% Interest Earned 2,710,222 2,675,912 2,612,668 2,617,101 2,497,359 2,563,222 Fiscal Year To Date Interest Earned 29,160,863 26,450,641 23,774,729 21,162,061 18,544,960 16,047,601 Fair Value Change Gain/(Loss) (802,753) (956,976) 5,731 (3,549,605) 1,112,427 219,210 Fiscal Year To Date change in fair value 848,389 1,651,142 2,608,118 2,602,387 6,151,993 5,039,566 Total Fiscal YTD Earnings 30,009,252 28,101,784 26,382,847 23,764,448 24,696,953 21,087,166

PORTFOLIO STATISTICS
MMF-Collateral

0.00%
Certificates of
Deposit

1.20%
Muni

6.76%
Corp Bond

17.98%
Fed Agency

51.15%
US Treasury

4.46%
Supranationals

0.60%
Commercial
Paper

1.20%
Money Market-
CAMP

6.94%
Money Market
Fund-US Bank

0.42%
LAIF

9.01%
Cash in Bank

0.28%
1

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Monthly for Pool
Portfolio Management Page 1
Portfolio Details - Investments
June 30, 2026
Average Purchase Stated YTM Days to Maturity
CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Moody's 365 Maturity Date LAIF
SYS864 864 Local Agency Investment Fund 75,000,001.18 75,000,001.18 75,000,001.18 3.816 3.816 SYS14053 14053 LAIF-COVID Relief Funds Acct 274,652.43 274,652.43 274,652.43 3.816 3.816 --------- Subtotal and Average 75,274,653.61 75,274,653.61 75,274,653.61 75,274,653.61 3.816 Money Market Fund-CAMP
SYS13824 13824 California Asset Management Pr 58,011,234.12 58,011,234.12 58,011,234.12 3.770 3.822 --------- Subtotal and Average 66,945,588.73 58,011,234.12 58,011,234.12 58,011,234.12 3.822 Collateralized Money Market
SYS13067 13067 EAST WEST BANK 1,302.10 1,302.10 1,302.10 3.040 3.040 --------- Subtotal and Average 1,302.10 1,302.10 1,302.10 1,302.10 3.040 Money Market Fund-US Bank
SYS14155 14319 Fidelity MMF Pldgd 2010CabRes 3,511,291.16 3,511,291.16 3,511,291.16 3.660 3.711 --------- Subtotal and Average 3,511,291.16 3,511,291.16 3,511,291.16 3,511,291.16 3.711 Municipal Bonds
544646A77 14027 LOS ANGELES CA UNIF SCH DIST 10/20/2023 1,975,000.00 1,999,059.45 1,974,729.62 5.720 Aa2 5.738 304 05/01/2027 91412HGF4 14072 UNIVERSITY OF CA REVENUE BONDS 05/13/2024 3,000,000.00 2,929,890.00 2,916,308.26 1.316 Aa2 4.788 318 05/15/2027 91412HGF4 14074 UNIVERSITY OF CA REVENUE BONDS 05/17/2024 5,000,000.00 4,883, 150.00 4,864,525.60 1.316 Aa2 4.508 318 05/15/2027 357155BA7 14088 Fremont Unified School Distri 08/29/2024 3,975,000.00 3,851,878.35 3,859,630.16 1.113 Aa2 3.977 396 08/01/2027 544351RM3 14077 CITY OF LOS ANGELES 07/09/2024 3,000,000.00 3,064, 155.00 3,044,066.61 6.000 Aa2 4.630 427 09/01/2027 13068XRT8 14243 California ST Public Works 11/05/2025 1,400,000.00 1,389,936.80 1,400,000.00 3.720 Aa3 3.720 488 11/01/2027 13068XNT2 14174 California ST Public Works 04/17/2025 2,000,000.00 2,005,746.00 2,000,000.00 4.525 Aa3 4.524 640 04/01/2028 21969AAG7 14036 City of Corona Revenue Bond 11/29/2023 2,500,000.00 2,393,062.50 2,365,263.82 1.863 AA+ 5.190 670 05/01/2028 544647KY5 14182 LOS ANGELES CA UNIF SCH DIST 05/13/2025 2,000,000.00 2,000,798.00 2,000,000.00 4.423 Aa2 4.421 731 07/01/2028 672240ZJ0 14261 CITY OF OAKLAND 12/18/2025 3,110,000.00 3,083,048.74 3,114,235.50 4.045 Aa2 3.576 745 07/15/2028 032591VS5 14200 ANAHEIM CA UNION SCH DIST 06/24/2025 3, 120,000.00 3,165,102.72 3,172,477.17 5.000 Aa1 4.130 762 08/01/2028 798170AL0 14078 San Jose Redevelopment Agency 06/26/2024 2,700,000.00 2,634,967.80 2,617,627.12 3.125 AA 4.753 762 08/01/2028 13063EBP0 14093 California St Health Faes Fing 09/03/2024 5,000,000.00 5, 114,585.00 5,171,224.01 5.125 Aa2 3.925 1,158 09/01/2029 13063D2W7 14128 STATE OF CALIFORNIA GO BONDS 10/01/2024 4,500,000.00 4,593,721.50 4,684,245.75 5.100 Aa2 3.708 1,188 10/01/2029 13068XNN5 14142 California ST Public Works 11/01/2024 8,890,000.00 8,819,982.36 8,832,274.27 4.230 Aa3 4.449 1,219 11/01/2029 91412HGG2 14186 UNIVERSITY OF CA REVENUE BONDS 05/15/2025 5,000,000.00 4,523,730.00 4,522,167.78 1.614 Aa2 4.390 1,414 05/15/2030 --------- Subtotal and Average 56,521,179.00 57,170,000.00 56,452,814.22 56,538,775.67 4.343 820 Certificates of Deposit - Bank
BMO90DCD2 14307 Bank of Montreal 05/21/2026 5,000,000.00 5,000,000.00 5,000,000.00 3.131 3.131 49 08/19/2026 Portfolio PASD
Data Updated: SET_POOL: 07/15/2026 16:16
Run Date: 07/15/2026 - 16:16
2

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Monthly for Pool
Portfolio Management Page2
Portfolio Details - Investments
June 30, 2026
Average Purchase Stated YTM Days to Maturity
CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Moody's 365 Maturity Date Subtotal and Average 5,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00 3.131 49 Negotiable CD's
06428KAL0 14246 BANK OF AMERICA CORP 10/30/2025 5,000,000.00 5,000,000.00 5,000,000.00 4.000 A2 4.003 852 10/30/2028 --------- Subtotal and Average 5,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00 4.003 852 Federal Agency Issues - Coupon
3133EM6E7 13960 Federal Farm Credit Bank 09/28/2021 5,000,000.00 4,964,340.00 5,000,000.00 0.940 Aa1 0.940 89 09/28/2026 3130ANYN4 13953 Federal Home Loan Bank 09/30/2021 5,000,000.00 4,964,455.00 5,000,000.00 1.000 Aa1 1.000 91 09/30/2026 3130APDQ5 13964 Federal Home Loan Bank 10/28/2021 5,000,000.00 4,957,585.00 5,000,000.00 1.250 Aa1 1.250 119 10/28/2026 3130BA3H8 14298 Federal Home Loan Bank 03/30/2026 10,000,000.00 9,986,770.00 10,000,000.00 4.260 Aa1 4.260 636 03/28/2028 3136GDAV5 14305 FED NATIONAL MORTGAGE ASSN 05/18/2026 6,032,000.00 6,026,329.92 6,032,000.00 4.300 Aa1 4.300 673 05/04/2028 3134HC2U2 14311 FED HOME LOAN MORTAGE CORP 06/08/2026 10,000,000.00 9,966,650.00 10,000,000.00 4.400 Aa1 4.400 708 06/08/2028 3136GDEV1 14308 FED NATIONAL MORTGAGE ASSN 06/09/2026 5,000,000.00 4,991,260.00 5,000,000.00 4.250 Aa1 4.250 709 06/09/2028 3136GDEV1 14310 FED NATIONAL MORTGAGE ASSN 06/09/2026 3,680,000.00 3,673,567.36 3,680,000.00 4.250 Aa1 4.250 709 06/09/2028 3134HCMG1 14271 FED HOME LOAN MORTAGE CORP 01/20/2026 7,000,000.00 6,950,048.00 7,000,000.00 4.000 Aa1 4.000 922 01/08/2029 3134HCNV7 14273 FED HOME LOAN MORTAGE CORP 01/16/2026 10,000,000.00 9,898,540.00 10,000,000.00 4.000 Aa1 4.000 923 01/09/2029 3136GCQG3 14288 FED NATIONAL MORTGAGE ASSN 03/02/2026 3,870,000.00 3,815,932.23 3,870,000.00 3.900 Aa1 3.900 975 03/02/2029 3134HCXT1 14291 FED HOME LOAN MORTAGE CORP 03/09/2026 5,000,000.00 4,968,095.00 5,000,000.00 4.000 Aa1 4.000 982 03/09/2029 3134HCZA0 14292 FED HOME LOAN MORTAGE CORP 03/12/2026 7,000,000.00 6,983,298.00 7,000,000.00 4.150 Aa1 4.150 985 03/12/2029 3136GCUM5 14293 FED NATIONAL MORTGAGE ASSN 03/23/2026 5,000,000.00 4,975,960.00 5,000,000.00 4.150 Aa1 4.150 996 03/23/2029 3136GCYD1 14300 FED NATIONAL MORTGAGE ASSN 04/02/2026 5,000,000.00 4,997,305.00 5,000,000.00 4.500 Aa1 4.499 1,003 03/30/2029 3136GCYD1 14301 FED NATIONAL MORTGAGE ASSN 04/10/2026 5,000,000.00 4,997,305.00 5,000,000.00 4.500 Aa1 4.500 1,003 03/30/2029 3130BALN5 14302 Federal Home Loan Bank 05/04/2026 5,000,000.00 4,974,220.00 5,000,000.00 4.300 Aa1 4.300 1,038 05/04/2029 3134HCT41 14303 FED HOME LOAN MORTAGE CORP 05/11/2026 5,000,000.00 4,965,575.00 5,000,000.00 4.400 Aa1 4.400 1,044 05/10/2029 3136GDC43 14304 FED NATIONAL MORTGAGE ASSN 05/18/2026 5,000,000.00 4,995,100.00 5,000,000.00 4.400 Aa1 4.400 1,052 05/18/2029 3136GDD59 14309 FED NATIONAL MORTGAGE ASSN 05/29/2026 5,000,000.00 4,994,465.00 5,000,000.00 4.600 Aa1 4.600 1,055 05/21/2029 3134HCCT4 14256 FED HOME LOAN MORTAGE CORP 12/08/2025 5,000,000.00 4,967,950.00 5,000,000.00 4.000 Aa1 4.000 1,073 06/08/2029 3133ETNA1 14201 Federal Farm Credit Bank 07/02/2025 5,000,000.00 4,984,550.00 5,000,000.00 4.500 Aa1 4.500 1,281 01/02/2030 3133ETCF2 14173 Federal Farm Credit Bank 04/09/2025 5,000,000.00 4,986,240.00 5,000,000.00 4.520 Aa1 4.520 1,378 04/09/2030 3130B64J2 14180 Federal Home Loan Bank 05/06/2025 833,333.33 830,593.33 833,333.33 4.550 Aa1 4.550 1,405 05/06/2030 3130B6V60 14202 Federal Home Loan Bank 07/08/2025 5,000,000.00 4,984,980.00 5,000,000.00 4.570 Aa1 4.570 1,468 07/08/2030 3133ETSU2 14209 Federal Farm Credit Bank 08/12/2025 10,000,000.00 9,950,500.00 10,000,000.00 4.330 Aa1 4.330 1,503 08/12/2030 3130B7FJ8 14211 Federal Home Loan Bank 08/20/2025 5,000,000.00 4,972,015.00 5,000,000.00 4.340 Aa1 4.340 1,511 08/20/2030 3130B7RX4 14229 Federal Home Loan Bank 09/16/2025 10,000,000.00 9,887,320.00 10,000,000.00 4.250 Aa1 4.250 1,526 09/04/2030 3134HBL90 14224 FED HOME LOAN MORTAGE CORP 09/05/2025 10,000,000.00 9,923,440.00 10,000,000.00 4.300 Aa1 4.300 1,527 09/05/2030 3130B7N34 14220 Federal Home Loan Bank 09/09/2025 5,000,000.00 4,935,260.00 5,000,000.00 4.200 Aa1 4.200 1,531 09/09/2030 3130B7QC1 14226 Federal Home Loan Bank 09/23/2025 10,000,000.00 9,881,630.00 10,000,000.00 4.250 Aa1 4.250 1,545 09/23/2030 3130B7QC1 14232 Federal Home Loan Bank 09/23/2025 9,530,000.00 9,417,193.39 9,530,000.00 4.250 Aa1 4.250 1,545 09/23/2030 3134HBR78 14239 FED HOME LOAN MORTAGE CORP 10/14/2025 5,000,000.00 4,966,680.00 4,999,529.45 4.250 Aa1 4.252 1,545 09/23/2030 Portfolio PASD
Data Updated: SET_POOL: 07/15/2026 16:16
Run Date: 07/15/2026 - 16:16
3

Page 43 ends

Average
CUSIP Investment # Issuer Balance
Federal Agency Issues - Coupon
3134HBR78 14244 FED HOME LOAN MORTAGE CORP
3134HBS69 14233 FED HOME LOAN MORTAGE CORP
3134HBS69 14236 FED HOME LOAN MORTAGE CORP
3134HBS69 14237 FED HOME LOAN MORTAGE CORP
3130B8E65 14245 Federal Home Loan Bank
3130B8FN7 14247 Federal Home Loan Bank
3134HBZ38 14241 FED HOME LOAN MORTAGE CORP
3134HBZ38 14242 FED HOME LOAN MORTAGE CORP
3136GC3K9 14248 FED NATIONAL MORTGAGE ASSN
3136GC3V5 14249 FED NATIONAL MORTGAGE ASSN
3136GC3E3 14250 FED NATIONAL MORTGAGE ASSN
3136GC4H5 14251 FED NATIONAL MORTGAGE ASSN
3130B8NC2 14254 Federal Home Loan Bank
3134HB6L0 14253 FED HOME LOAN MORTAGE CORP
3134HCCW7 14257 FED HOME LOAN MORTAGE CORP
3136GCA39 14262 FED NATIONAL MORTGAGE ASSN
3134HCGT0 14263 FED HOME LOAN MORTAGE CORP
3134HCLV9 14268 FED HOME LOAN MORTAGE CORP
3134HCLP2 14267 FED HOME LOAN MORTAGE CORP
3134HCNC9 14270 FED HOME LOAN MORTAGE CORP
3130B95J5 14272 Federal Home Loan Bank
3134HCRN1 14277 FED HOME LOAN MORTAGE CORP
3134HCRS0 14278 FED HOME LOAN MORTAGE CORP
3134HCTC3 14279 FED HOME LOAN MORTAGE CORP
3134HCTC3 14282 FED HOME LOAN MORTAGE CORP
3136GCLA1 14280 FED NATIONAL MORTGAGE ASSN
3134HCXL8 14290 FED HOME LOAN MORTAGE CORP
3130B9PH7 14285 Federal Home Loan Bank
3136GCQN8 14287 FED NATIONAL MORTGAGE ASSN
3134HCA41 14295 FED HOME LOAN MORTAGE CORP
3130B9WL0 14294 Federal Home Loan Bank
3130B9ZS2 14297 Federal Home Loan Bank
3130BA5Y9 14299 Federal Home Loan Bank
3134HCX46 14306 FED HOME LOAN MORTAGE CORP
3130BBAM7 14313 Federal Home Loan Bank
Subtotal and Average 421,053,524.97
Data Updated: SET_POOL: 07/15/2026 16:16
Run Date: 07/15/2026 - 16:16
Monthly for Pool
Portfolio Management
Portfolio Details - Investments
June 30, 2026
Purchase
Date Par Value Market Value
10/24/2025 5,000,000.00 4,966,680.00
09/26/2025 10,000,000.00 9,943,300.00
10/09/2025 10,000,000.00 9,943,300.00
10/09/2025 10,000,000.00 9,943,300.00
10/29/2025 5,000,000.00 4,930,045.00
10/30/2025 5,000,000.00 4,939,375.00
10/17/2025 10,000,000.00 9,894,430.00
10/23/2025 10,000,000.00 9,894,430.00
10/31/2025 10,000,000.00 9,903,060.00
11/06/2025 10,000,000.00 9,891,300.00
11/06/2025 5,000,000.00 4,947,585.00
11/12/2025 5,000,000.00 4,954,000.00
11/20/2025 5,000,000.00 4,964,035.00
11/20/2025 2,950,000.00 2,932,825.10
12/15/2025 10,000,000.00 9,875, 150.00
12/09/2025 5,000,000.00 4,951,315.00
12/11/2025 5,000,000.00 4,933,280.00
01/07/2026 10,000,000.00 9,887,240.00
12/24/2025 5,000,000.00 4,962,765.00
01/13/2026 10,000,000.00 9,892,450.00
01/27/2026 5,000,000.00 4,945,010.00
01/28/2026 5,000,000.00 4,942,970.00
01/28/2026 5,000,000.00 4,967,230.00
02/06/2026 5,000,000.00 4,968,585.00
02/12/2026 5,000,000.00 4,968,585.00
02/10/2026 5,000,000.00 4,954,320.00
03/05/2026 10,000,000.00 9,910,530.00
03/11/2026 5,000,000.00 4,972,070.00
03/11/2026 5,000,000.00 4,972, 160.00
03/24/2026 5,000,000.00 4,947,565.00
03/25/2026 4,640,000.00 4,605,580.48
03/25/2026 5,000,000.00 4,973,530.00
04/14/2026 5,000,000.00 4,957,325.00
05/27/2026 5,000,000.00 4,995,440.00
06/30/2026 5,000,000.00 4,987,310.00
430,535,333.33 427,353,227.81
Stated
Book Value Rate
5,000,000.00 4.250
10,000,000.00 4.300
10,000,000.00 4.300
10,000,000.00 4.300
5,000,000.00 4.000
5,000,000.00 4.000
10,000,000.00 4.200
10,000,000.00 4.200
10,000,000.00 4.250
10,000,000.00 4.125
5,000,000.00 4.300
5,000,000.00 4.250
5,000,000.00 4.250
2,950,000.00 4.280
10,000,000.00 4.250
5,000,000.00 4.150
5,000,000.00 4.200
10,000,000.00 4.125
5,000,000.00 4.200
10,000,000.00 4.100
5,000,000.00 4.210
5,000,000.00 4.150
5,000,000.00 4.250
5,000,000.00 4.200
5,000,000.00 4.200
5,000,000.00 4.230
10,000,000.00 4.250
5,000,000.00 4.150
5,000,000.00 4.125
5,000,000.00 4.250
4,640,000.00 4.400
5,000,000.00 4.500
5,000,000.00 4.650
5,000,000.00 4.850
5,000,000.00 4.750
430,534,862.78
Page3
YTM Days to Maturity
Moody's 365 Maturity Date
Aa1 4.250 1,545 09/23/2030
Aa1 4.300 1,548 09/26/2030
Aa1 4.300 1,548 09/26/2030
Aa1 4.300 1,548 09/26/2030
Aa1 4.000 1,568 10/16/2030
Aa1 4.000 1,568 10/16/2030
Aa1 4.200 1,569 10/17/2030
Aa1 4.200 1,569 10/17/2030
Aa1 4.247 1,582 10/30/2030
Aa1 4.125 1,589 11/06/2030
Aa1 4.300 1,589 11/06/2030
Aa1 4.250 1,595 11/12/2030
Aa1 4.249 1,597 11/14/2030
Aa1 4.277 1,597 11/14/2030
Aa1 4.250 1,615 12/02/2030
Aa1 4.150 1,622 12/09/2030
Aa1 4.200 1,624 12/11/2030
Aa1 4.125 1,629 12/16/2030
Aa1 4.200 1,631 12/18/2030
Aa1 4.100 1,653 01/09/2031
Aa1 4.310 1,671 01/27/2031
Aa1 4.150 1,672 01/28/2031
Aa1 4.250 1,672 01/28/2031
Aa1 4.200 1,681 02/06/2031
Aa1 4.200 1,681 02/06/2031
Aa1 4.230 1,685 02/10/2031
Aa1 4.250 1,708 03/05/2031
Aa1 4.150 1,714 03/11/2031
Aa1 4.125 1,714 03/11/2031
Aa1 4.250 1,727 03/24/2031
Aa1 4.400 1,728 03/25/2031
Aa1 4.500 1,728 03/25/2031
Aa1 4.650 1,748 04/14/2031
Aa1 4.850 1,791 05/27/2031
Aa1 4.750 1,825 06/30/2031 ---------

4.151 1,370
Portfolio PASD
4

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Monthly for Pool
Portfolio Management Page4
Portfolio Details - Investments
June 30, 2026
Average Purchase Stated YTM Days to Maturity
CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Moody's 365 Maturity Date Treasury Securities - Coupon
91282CCW9 13963 US TREASURY 09/24/2021 5,000,000.00 4,975,100.00 4,998,585.12 0.750 Aa1 0.924 61 08/31/2026 91282CLP4 14140 U.S. TREASURY 10/22/2024 10,000,000.00 9,991,020.00 9,987,648.97 3.500 Aa1 4.019 91 09/30/2026 91282CNE7 14198 U.S. TREASURY 06/09/2025 5,000,000.00 4,990,430.00 4,993,214.18 3.875 Aa1 4.030 334 05/31/2027 91282CQH7 14296 U.S. TREASURY 03/31/2026 5,000,000.00 4,976,565.00 5,002,918.11 3.875 Aa1 3.840 639 03/31/2028 91282CQS3 14312 U.S. TREASURY 06/08/2026 7,500,000.00 7,480,080.00 7,479,577.28 4.000 Aa1 4.149 700 05/31/2028 91282CPR6 14276 U.S. TREASURY 01/21/2026 5,000,000.00 4,885,940.00 4,953,392.49 3.625 Aa1 3.854 1,644 12/31/2030 --------- Subtotal and Average 35,666,911.61 37,500,000.00 37,299,135.00 37,415,336.15 3.587 520 Corporate Bonds - Coupon
78016EZT7 13958 ROYAL BANK OF CANADA 09/22/2021 6,250,000.00 6,243,293.75 6,249,988.27 1.150 A1 1.155 13 07/14/2026 22550L2G5 13961 Credit Suisse New York 09/24/2021 5,000,000.00 4,986,635.00 4,999,444.50 1.250 Aa2 1.365 37 08/07/2026 89236TLD5 14033 Toyota Motor Credit Corp 11/20/2023 5,000,000.00 5,023,000.00 4,999,420.83 5.400 A1 5.433 142 11/20/2026 59217GBY4 14043 Met Life Glob Funding I 12/18/2023 1,060,000.00 1,056,936.60 1,052,063.60 3.450 Aa3 5.214 170 12/18/2026 62829D2D1 14155 MUTUAL OF OMAHA GLOBAL 11/22/2024 4,000,000.00 4,032, 140.00 4,016,115.57 5.350 A1 4.789 282 04/09/2027 023135BC9 14080 Amazon.com Inc 07/03/2024 5,000,000.00 4,941, 130.00 4,910,701.24 3.150 A1 4.854 417 08/22/2027 478160CK8 14048 Johnson & Johnson 01/10/2024 5,000,000.00 4,913,915.00 4,913,468.65 2.900 Aaa 4.132 563 01/15/2028 037833EC0 14265 APPLE INC 12/18/2025 5,000,000.00 4,767,705.00 4,811,238.57 1.200 Aaa 3.670 587 02/08/2028 91159HHS2 14169 US BANCORP 03/12/2025 5,000,000.00 4,953,795.00 4,953,468.19 3.900 A3 4.452 665 04/26/2028 91159XCK9 14188 US BANCORP 05/13/2025 3,000,000.00 2,991,156.00 3,000,000.00 4.550 A3 4.550 682 05/13/2028 532457DB1 14217 Eli Lilly&Co 08/22/2025 5,000,000.00 4,968,455.00 4,998,218.18 4.000 Aa3 4.014 837 10/15/2028 46632FWU5 14259 JPMORGAN CHASE FINANCIAL 12/11/2025 5,000,000.00 4,923,730.00 5,000,000.00 4.020 Aa2 4.020 894 12/11/2028 62829D2B5 14040 MUTUAL OF OMAHA GLOBAL 12/12/2023 4,500,000.00 4,575,505.50 4,511,430.97 5.450 A1 5.330 895 12/12/2028 46632FXC4 14264 JPMORGAN CHASE FINANCIAL 12/15/2025 5,000,000.00 4,930,570.00 5,000,000.00 4.050 Aa2 4.050 898 12/15/2028 06055JPZ6 14274 BANK OF AMERICA CORP 01/23/2026 5,000,000.00 4,931,825.00 5,000,000.00 4.100 A1 4.100 937 01/23/2029 17275RBR2 14101 CISCO SYSTEMS INC 09/06/2024 5,000,000.00 5,054,545.00 5,100,601.24 4.850 A1 4.000 971 02/26/2029 38151GAC5 14286 GOLDMAN SACHS 03/05/2026 5,000,000.00 4,930,100.00 5,000,000.00 3.950 A1 3.950 978 03/05/2029 110122CP1 14110 BRISTOL MYER 09/26/2024 5,000,000.00 4,854,645.00 4,920,363.79 3.400 A2 3.975 1,121 07/26/2029 037833DP2 14281 APPLE INC 02/11/2026 5,000,000.00 4,697,825.00 4,774,056.20 2.200 Aaa 3.724 1,168 09/11/2029 62829D2E9 14137 MUTUAL OF OMAHA GLOBAL 10/15/2024 3,000,000.00 2,996,700.00 3,000,000.00 4.750 A1 4.750 1,202 10/15/2029 48130KNP8 14266 JPMORGAN CHASE FINANCIAL 12/23/2025 5,000,000.00 4,918,780.00 5,000,000.00 4.200 A1 4.200 1,269 12/21/2029 91159XBH7 14168 US BANCORP 03/12/2025 3,000,000.00 3,002,253.00 3,000,000.00 5.000 A3 5.000 1,350 03/12/2030 89837LAJ4 14260 TRUSTEES PRINCETON UNIV 12/05/2025 5,000,000.00 5,048,305.00 5,123,791.01 4.647 Aaa 3.929 1,461 07/01/2030 64952WDS9 14210 NEW YORK LIFE GL 08/07/2025 5,329,000.00 4,661,729.26 4,722,649.33 1.200 Aa1 4.315 1,498 08/07/2030 91159XDM4 14213 US BANCORP 08/14/2025 5,000,000.00 4,939,535.00 5,000,000.00 4.700 A2 4.700 1,505 08/14/2030 95004HAH1 14214 WELLS FARGO BANK 08/14/2025 5,000,000.00 4,881,230.00 5,000,000.00 4.320 Aa2 4.320 1,505 08/14/2030 58933YBQ7 14222 Merck & Co Inc 09/15/2025 5,000,000.00 4,944,170.00 5,006,476.56 4.150 Aa3 4.115 1,537 09/15/2030 58933YBQ7 14235 Merck & Co Inc 10/02/2025 5,000,000.00 4,944,170.00 5,007, 179.40 4.150 Aa3 4.111 1,537 09/15/2030 46632FVW2 14230 JPMORGAN CHASE FINANCIAL 09/16/2025 5,000,000.00 4,894,895.00 5,000,000.00 4.300 Aa2 4.300 1,538 09/16/2030 Portfolio PASD
Data Updated: SET_POOL: 07/15/2026 16:16
Run Date: 07/15/2026 - 16:16
5

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Average
CUSIP Investment # Issuer Balance
Corporate Bonds - Coupon
64952WFR9 14269 NEW YORK LIFE GL
46632FXT7 14275 JPMORGAN CHASE FINANCIAL
06055JQJ1 14283 BANK OF AMERICA CORP
Subtotal and Average 154,450,896.03
Commercial Paper Disc. -Amortizing
47816GG86 14289 Johnson & Johnson CP
Subtotal and Average 9,978,267.07
Treasury Discounts -Amortizing
Subtotal and Average 999,898.67
Supranationals
45906M5K3 14084 INTL BK RECON & DEVELOP
Subtotal and Average
Total and Average
Data Updated: SET_POOL: 07/15/2026 16:16
Run Date: 07/15/2026 - 16:16
5,000,000.00
839,403,512.94
Monthly for Pool
Portfolio Management
Portfolio Details - Investments
June 30, 2026
Purchase
Date Par Value Market Value
01/09/2026 5,000,000.00 4,921,475.00
01/21/2026 7,500,000.00 7,392,802.50
02/12/2026 5,000,000.00 4,939,870.00
152,639,000.00 150,262,821.61
03/03/2026 10,000,000.00 9,991,970.00
10,000,000.00 9,991,970.00
07/30/2024 5,000,000.00 5,000,335.00
5,000,000.00 5,000,335.00
839,642,814.32 833,158,784.63
Stated
Book Value Rate
5,000,000.00 4.250
7,500,000.00 4.335
5,000,000.00 4.350
151,570,676.10
9,992,917.72 3.650
9,992,917.72
5,000,000.00 4.750
5,000,000.00
837,851,049.41
Page5
YTM Days to Maturity
Moody's 365 Maturity Date
Aa1 4.250 1,653 01/09/2031
Aa2 4.335 1,665 01/21/2031
A1 4.350 1,685 02/10/2031 ---------

4.090 1,016
Aaa 3.749 7 07/08/2026 ---------

3.749 7
Aaa 4.750 1, 125 07/30/2029 ---------

4.750

4.065
1,125
979
Portfolio PASD
6

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COMPLIANCE REPORT
Pooled Investment Portfolio
As of 06/30/26
Diversification Credit Quality Maturity
Portfolio State Gov't Portfolio Portfolio Credit Quality Portfolio % of total Code limits compliance Credit Quality per Gov Code compliance Maturity Collateralized Money Market 0.00% 100% In compliance 102% Collateral 102% Collateral In compliance In compliance Certificates of Deposit 1.20% 30% In compliance n/a n/a In compliance In compliance Municipal Bonds 6.76% 100% In compliance Aaa/Aa3/Aa2/Aa1/A2/AA+/AA-/AAA/AA A or better In compliance In compliance US Treasury Securities 4.46% 100% In compliance Aa1 Aa1/Aaa In compliance In compliance Corporate Bonds 17.98% 30% In compliance* Aaa/Aa1/Aa2/Aa3/A1/A2/A3 A or better In compliance In compliance Amortized Zero Cpn Bonds 0.00% 30% In compliance* Aa1/A1/A2/A3 A or better In compliance In compliance Federal Agency Issues 51.15% 100% In compliance Aa1 Aa1/Aaa In compliance In compliance Supranationals 0.60% 30% In compliance Aaa AA or better In compliance In compliance Commercial Paper 1.20% 100% In compliance P-1 (Short-term)/A1/Aa1 P-1 (Short-term) In compliance In compliance Money Market-CAMP 6.94% 100% In compliance n/a n/a In compliance In compliance Money Market Fund-US Bank 0.42% 100% In compliance n/a n/a In compliance In compliance LAIF 9.01% 100% In compliance n/a n/a In compliance In compliance Cash 0.28% 100% In compliance Collateralized Collateralized In compliance In compliance 100.00%
Portfolio Value 843,840,666
7

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INVESTMENTS IN ISSUERS REPRESENTING OVER 5%

OF THE POOL PORTFOLIO
June 30, 2026
Market Value % of Total
FHLB 114,066,302 13.52%
FHLMC 200,360,331 23.74%
FNMA 88,040,965 10.43%
Total Fed Agencies 427,353,229 50.64%
OTHER PORTFOLIO INVESTMENTS 416,487,437 49.36%
Total Investments 843,840,666 * 100.00%
note: * Includes Cash in Bank and Accrued Interest Receivable 8

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Pooled Portfolio - Total Return Performance
ICE BofA Pooled
1-3 Index Portfolio
2005 Annual 1.746 2.073
2006 Annual 4.195 4.474
2007 Annual 6.706 5.736
2008 Annual 4.649 3.474
2009 Annual 3.784 3.398
2010 Annual 2.322 1.806
2011 Annual 1.540 1.490
2012 Annual 1.467 1.788
2013 Annual 0.696 0.417
2014 Annual 0.777 1.321
2015 Annual 0.671 1.087
2016 Annual 1.284 0.713
2017 Annual 0.856 1.180
2018 1st quarter -0.185 -0.097
2nd quarter 0.291 0.269
3rd quarter 0.354 0.431
4th quarter 1.166 1.038

1.626 1.641
2019 1st quarter 1.219 0.963
2nd quarter 1.480 1.054
3rd quarter 0.700 0.593
4th quarter 0.606 0.590

4.005 3.200
2020 1st quarter 1.590 0.495
2nd quarter 1.215 0.962
3rd quarter 0.274 0.287
4th quarter 0.227 0.236

3.306 1.980
2021 1st quarter -0.028 -0.467
2nd quarter 0.063 0.437
3rd quarter 0.088 0.085
4th quarter -0.533 -0.638
-0.410 - 0.583
2022 1st quarter -2.580 -2.910
2nd quarter -0.625 -0.842
3rd quarter -1.503 -1.713
4th quarter 0.890 0.821
-3.818 -4.644
2023 1st quarter 1.480 1.599
2nd quarter -0.341 0.995
3rd quarter 0.781 1.000
4th quarter 2.640 2.230

4.560 5.824
2024 1st quarter 0.450 0.934
2nd quarter 0.988 1.141
3rd quarter 2.940 2.047
4th quarter 0.011 0.703

4.389 4.825
2025 1st quarter 1.610 1.324
2nd quarter 1.258 1.179
3rd quarter 1.207 1.179
4th quarter 1.137 1.126

5.212 4.808
2026 1st quarter 0.303 0.653
2nd quarter 0.509 0.760
3rd quarter
4th quarter

0.812 1.413
Yield Fiscal YTD
Pooled Portfolio YTM 4.09%
State Treasurer's LAIF yield 3.92%
2 Year Average US Treasury yield 3.97%
9

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CITY POOLED PORTFOLIO
Portfolio Management
Distribution of Investments By Type - Historic
(By Market Values)
In %
Fiscal Year Total
June June June June June June June June June 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Investment Type 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2026 2026 2026 Money Market 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Money Market Collateralized 3.97 3.54 1.59 11.73 6.76 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Municipal Bonds 5.80 5.78 4.33 4.72 7.70 5.96 4.25 5.34 8.10 7.22 7.40 7.52 6.76 Corporate Bonds - Coupon 17.12 15.47 20.78 22.50 16.62 13.97 11.02 11.64 12.53 15.68 17.60 19.31 17.98 Agency CMOs/Mortgage Backed 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Federal Agency Issues - Coupon 55.86 60.37 54.14 34.00 47.35 48.79 57.84 52.89 53.24 47.40 44.24 44.57 51.15 Repurchase Agreements 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 L.A.I.F. 9.07 6.47 7.29 11.66 16.47 4.00 0.19 0.18 0.17 0.17 8.31 9.09 9.01 Cash 0.44 0.43 0.45 0.34 0.53 0.31 0.06 0.03 0.17 0.16 0.33 0.06 0.28 Treasury Securities 2.99 3.26 3.71 2.37 3.66 7.46 7.11 8.68 8.58 6.78 5.32 4.82 4.46 Treasury Securities Disc 0.00 0.00 0.00 0.00 0.00 1.54 1.48 0.00 0.00 0.00 0.00 0.00 0.00 Supranationals 3.76 4.49 5.89 8.24 0.80 3.73 4.27 4.68 4.03 1.23 1.19 0.61 0.60 Bank Notes 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Federal Agency Discount 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Commerical Paper - Disc (Amortizing) 0.99 0.00 0.82 0.00 0.00 1.55 2.97 4.04 0.93 0.00 0.00 1.20 1.20 Money Market Fund-US Bank 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.42 0.42 0.41 0.42 0.42 Amortized Zero Cpn Bonds 0.00 0.00 0.00 0.00 0.00 0.77 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Certificates of Deposit 0 0.00 0.19 1.00 0.00 0.00 0.20 0.19 0.17 0.00 0.00 1.19 1.21 1.20 Money Market-CAMP 0.00 0.00 0.00 3.89 0.12 11.72 10.61 12.36 11.83 20.93 14.00 11.19 6.94 Muni Variable Rate 0.00 0.00 0.00 0.54 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 10

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II
. Capital Endowment Portfolio

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CITY OF PASADENA
Capital Endowment Portfolio
Vicken Erganian
City Treasurer
June 2026

PORTFOLIO STRUCTURE AS OF 06/30/2026

TYPE MARKET VALUE PERCENT
Money Market - CAMP 1,035,465 100.00%
TOTALS: 1,035,465 100.00%
Accrued Interest Receivable 3,206
GRAND TOTAL: 1,038,671
PORTFOLIO LIQUIDITY AS OF 06/30/2026
Percent of
Aging Interval Par Value Portfolio
0-30 Days 1,035,465 100.00%
31 days - 1 Year - 0.00%
1 - 2 Years - 0.00%
2 - 3 Years - 0.00%
3 - 4 Years - 0.00%
4 - 5 Years - 0.00%
Over 5 Years - 0.00%
TOTAL: 1,035,465 100.00% -

PORTFOLIO STATISTICS
Jun-26 May-26 Apr-26 Mar-26 Feb-26 Jan-26
Month-End Mkt Value 1,038,671 1,035,465 1,581,383 1,576,480 1,571,414 1,566,814 Modified Duration 0.00 0.00 0.00 0.00 0.00 0.00
Weighted Average Maturity 0.00 0.00 0.00 0.00 0.00 0.00 Current Book Yield to Maturity 3.822% 3.812% 3.833% 3.853% 3.883% 4.005% Effective Yield - Year to Date 4.030% 4.050% 4.070% 4.110% 4.150% 4.190% Interest Earned 3,206 4,082 4,903 5,066 4,600 5,109 Fiscal Year To Date Interest Earned 59,994 56,788 52,706 47,803 42,737 38,137 Fair Value Change Gain/(Loss) - - - - - -
Fiscal Year To Date change in fair value - - - - - - Total Fiscal YTD earnings 59,994 56,788 52,706 47,803 42,737 38,137 MMF -
CAMP,
100.00%
11

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Average
CUSIP Investment # Issuer Balance
Money Market Fund-CAMP
SYS14111 14111 California Asset Management Pr
Subtotal and Average
Total and Average
Data Updated: FUNDSNAP: 07/15/2026 17:12
Run Date: 07/15/2026 - 17:12
1,035,464.95
1,035,464.95

CAPITAL ENDOWMENT
Portfolio Management
Portfolio Details - Investments
June 30, 2026
Purchase
Date Par Value Market Value
1,035,464.95 1,035,464.95
1,035,464.95 1,035,464.95
1,035,464.95 1,035,464.95
Stated
Book Value Rate
1,035,464.95 3.770
1,035,464.95
1,035,464.95

Page 1 ends

YTM Days to Maturity
Moody's 365 Maturity Date

3.822 ---------

3.822

3.822
Portfolio PASD
Report Ver. 7.3.11
12

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COMPLIANCE REPORT
Capital Endowment Portfolio
As of 06/30/26
Diversification Credit Quality Maturity
Portfolio State Gov't Portfolio Portfolio Credit Quality Portfolio % of total Code limits compliance Credit Quality per Gov Code compliance Maturity Collateralized Money Market 0.00% 100% In compliance 102% Collateral 102% Collateral In compliance In compliance Money Market-CAMP 100.00% 100% In compliance n/a n/a In compliance In compliance Corporate Bond 0.00% 30% In compliance** A or better In compliance In compliance Federal Agency Issues 0.00% 100% In compliance** Aa1/Aaa In compliance In compliance 100.00%
Portfolio Value 1,038,671
**Compliance is measured based on the City's total investments which include the Pooled portfolio as well as the Power Reserve Fund. 13

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INVESTMENTS IN ISSUERS REPRESENTING OVER 5%

OF THE CAPITAL ENDOWMENT PORTFOLIO
June 30, 2026
Market Value % of Total
Total - 0.00%
OTHER PORTFOLIO INVESTMENTS 1,038,671 100.00%
Total Investments 1,038,671 * 100.00%
note: * Includes Accrued Interest Receivable
14

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CAPITAL ENDOWMENT
Portfolio Management
Distribution of Investments By Type - Historic
(By Market Values)
In % Fiscal Year Total
June June June June June June June June June 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Investment Type 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2026 2026 2026 Money Market - Collateralized 1.80 0.75 0.03 1.10 3.10 3.38 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Federal Agency Issues - Coupon 0.00 0.00 0.00 0.00 0.00 96.62 95.44 94.45 0.00 0.00 0.00 0.00 0.00 Corporate Bonds - Coupon 0.00 99.25 99.97 98.90 96.90 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Municipal Bonds 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 L.A.I.F. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Certificate of Deposit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Federal Agency Discount 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Treasury Securities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Agency CMOs/Mortgage Backed 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Commerical Paper - Disc (Amortizing) 98.20 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Asset Backed Securities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Mutual Funds 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Money Market - CAMP 0.00 0.00 0.00 0.00 0.00 0.00 4.56 5.55 100.00 100.00 100.00 100.00 100.00 Total 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 15

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III. Power Fund Reserve for Working
Capital Portfolio

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CITY OF PASADENA
Power Fund Reserve for Working Capital Portfolio
Vicken Erganian
City Treasurer
June 2026

PORTFOLIO STRUCTURE AS OF 06/30/2026

TYPE MARKET VALUE PERCENT
Municipal Bonds 1,993,288 4.30%
Federal Agencies 26,098,129 56.34%
L.A.I.F. 48,895 0.11%
Money Market-CAMP 18,179,473 39.25%
TOTALS: 46,319,785 100.00%
Accrued Interest Receivable 233,050
GRAND TOTAL: 46,552,835
PORTFOLIO LIQUIDITY AS OF 06/30/2026
Percent of
Aging Interval Par Value Portfolio
0 - 30 days 18,228,368 34.46%
31 days - 1 Year 2,000,000 3.78%
1 - 2 Years - 0.00%
2 - 3 Years 6,000,000 11.34%
3 - 4 Years - 0.00%
4 - 5 Years 5,000,000 9.45%
Over 5 Years 21,666,667 40.96%
TOTAL: 52,895,035 100.00%

PORTFOLIO STATISTICS
Jun-26 May-26 Apr-26 Mar-26 Feb-26 Jan-26
Month-End Market Value 46,552,835 46,333,946 46,266,867 46,254,869 46,761,038 46,030,728 Modified Duration 3.95 3.98 4.04 4.10 4.24 4.21
Weighted Average Maturity 5.37 5.43 5.50 5.57 5.63 5.71 Current Book Yield to Maturity 2.484% 2.479% 2.484% 2.487% 2.495% 2.497% Effective Yield - Year to Date 2.530% 2.540% 2.550% 2.560% 2.570% 2.570% Interest Earned 107,585 109,023 107,225 108,878 103,248 108,854 Fiscal Year To Date Interest Earned 1,321,730 1,214,145 1,105,122 997,897 889,019 785,771 Fair Value Change Gain/(Loss) 111,301 (41,944) (95,227) (615,042) 627,063 (17,681) Fiscal Year To Date change in fair value 423,926 312,625 354,569 449,795 1,064,838 437,775 Total Fiscal YTD Earnings 1,745,656 1,526,770 1,459,691 1,447,693 1,953,857 1,223,546 Money Market-
CAMP

1.03%
Fed Agency

56.34%
LAIF

0.11%
Municipal
Bonds

4.54%
16

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CUSIP Investment # Issuer
LAIF
PwrFd ReserveForWorkingCapital
Portfolio Management
Portfolio Details - Investments
June 30, 2026
Average Purchase
Balance Date Par Value Market Value
SYS6184 6184 Local Agency Investment Fund 48,894.83 48,894.83 Subtotal and Average 48,894.83
Money Market Fund-CAMP
SYS14063 14063 California Asset Management Pr
Subtotal and Average 18,179,473.40
Municipal Bonds
54465AGS5 13553 LA County Redevelopment TABs
Subtotal and Average
Federal Agency Issues • Coupon
3133EMX80 13946 Federal Farm Credit Bank
3133EMHN5 13890 Federal Farm Credit Bank
3130AJEA3 13788 Federal Home Loan Bank
3130AL3XO 13904 Federal Home Loan Bank
3133EMCV2 13875 Federal Farm Credit Bank
Subtotal and Average
Total and Average
Data Updated: FUNDSNAP: 07/15/2026 17:06
Run Date: 07/15/2026 - 17:06
1,999,328.14
32,666,667.00
52,894,363.37
48,894.83 48,894.83
18,179,473.40 18,179,473.40
18,179,473.40 18,179,473.40
08/25/2016 2,000,000.00 1,993,288.00
2,000,000.00 1,993,288.00
08/02/2021 6,000,000.00 5,642,592.00
11/25/2020 5,000,000.00 4,377,545.00
04/08/2020 1,666,667.00 1,444,951.96
02/25/2021 10,000,000.00 7,814,220.00
10/15/2020 10,000,000.00 6,818,820.00
32,666,667.00 26,098, 128.96
52,895,035.23 46,319,785.19
Stated
Book Value Rate
48,894.83 3.816
48,894.83
18,179,473.40 3.770
18,179,473.40
1,999,458.90 2.375
1,999,458.90
6,000,000.00 1.230
5,000,000.00 1.230
1,666,667.00 1.850
10,000,000.00 2.000
10,000,000.00 2.000
32,666,667.00
52,894,494.13

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YTM Days to Maturity
Moody's 365 Maturity Date

3.816 ---------

3.816

3.822 ---------

3.822
Aa2 2.560 62 09/01/2026 ---------

2.560 62
Aa1 1.230 763 08/02/2028
Aa1 1.230 1,608 11/25/2030
Aa1 1.850 2,108 04/08/2032
Aa1 2.000 3,526 02/25/2036
Aa1 2.000 5,220 10/15/2040 ---------

1.733

2.484
3,171
1,961
Portfolio PASD
Report Ver. 7.3.11
17

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COMPLIANCE REPORT
Power Fund Reserve for Working Capital Portfolio
As of 06/30/26
Diversification Credit Quality Maturity
Portfolio State Gov't Portfolio Portfolio Credit Quality Portfolio % of total Code limits compliance Credit Quality per Gov Code compliance Maturity Collateralized Money Market 0.00% 100% In compliance 102% Collateral 102% Collateral In compliance In compliance Municipal Bonds 4.30% 100% In compliance Aa2 A or better In compliance In compliance Corporate Bonds 0.00% 30% In compliance A or better In compliance In compliance Federal Agency Issues 56.34% 100% In compliance Aa1 Aa1/Aaa In compliance In compliance Money Market-CAMP 39.25% 100% In compliance n/a n/a In compliance In compliance LAIF 0.11% 100% In compliance n/a n/a In compliance In compliance 100.00%
Portfolio Value 46,552,835
18

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INVESTMENTS IN ISSUERS REPRESENTING OVER 5%

OF THE POWER FUND RESERVE FOR WORKING CAPITAL PORTFOLIO June 30, 2026
Market Value % of Total
FHLB 9,259,172 19.89%
FFCB 16,838,957 36.17%
Total Fed Agencies 26,098,129 56.06%
OTHER PORTFOLIO INVESTMENTS 20,454,706 43.94%
Total Investments 46,552,835 * 100.00%
note: * Includes Accrued Interest Receivable
19

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Power Fund Reserve for Working Capital Portfolio - Total Return Performance ICE BofA Power
5-7 Index Reserve
2005 Annual 0.980 2.615
2006 Annual 4.184 4.540
2007 Annual 7.656 6.960
2008 Annual 4.610 3.683
2009 Annual 3.784 3.714
2010 Annual 1.113 1.206
2011 Annual 1.555 2.547
2012 Annual 1.467 3.027
2013 Annual -0.143 -0.184
2014 Annual 2.446 2.688
2015 Annual 1.574 1.364
2016 Annual 2.050 -0.393
2017 Annual 1.815 2.219
2018 1st quarter -0.890 -0.702
2nd quarter 0.013 0.284
3rd quarter 0.188 0.048
4th quarter 1.812 1.987

1.123 1.617
2019 1st quarter 2.245 1.538
2nd quarter 2.530 1.704
3rd quarter 1.196 0.877
4th quarter 0.430 0.460

6.401 4.579
**2020 1st quarter 1.594 0.950
2nd quarter 1.215 0.625
3rd quarter 0.274 0.249
4th quarter 0.227 0.249

3.31 2.073
2021 1st quarter -1.178 -2.549
2nd quarter 0.634 3.715
3rd quarter -0.037 -0.554
4th quarter -0.896 -0.015
-1.477 0.597
2022 1st quarter -5.970 -6.886
2nd quarter -3.282 -4.182
3rd quarter -4.420 -5.972
4th quarter 1.918 0.454
-11.754 -16.586
2023 1st quarter 2.980 2.517
2nd quarter -1.230 -0.212
3rd quarter -1.916 -2.378
4th quarter 5.827 6.459

5.661 6.386
2024 1st quarter -0.464 -0.452
2nd quarter 0.470 0.895
3rd quarter 5.210 4.140
4th quarter -2.940 -2.083

2.276 2.500
2025 1st quarter 3.183 2.894
2nd quarter 2.049 1.05
3rd quarter 1.763 1.412
4th quarter 1.098 1.101

8.093 6.457
2026 1st quarter -0.224 0.687
2nd quarter 0.381 0.644
3rd quarter
4th quarter

0.157 1.331
Yeld Fiscal YTD
Power Reserve YTM 2.48%
State Treasurer's LAIF yield 3.92%
2 Year Average Treasury yield 3.97%
Index changed to ICE BofA 5-7 in 2022
20

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POWER FUND RESERVE FOR WORKING CAPITAL
Portfolio Management
Distribution of Investments By Type - Historic
(By Market Values)
In % Fiscal Year Total
June June June June June June June June June 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Investment Type 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2026 2026 2026 Money Market - Collateralized 0.02 4.34 2.58 32.06 0.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Municipal Bonds 7.00 6.92 6.02 3.43 3.93 4.50 4.56 4.48 4.39 4.36 4.33 4.31 4.30 Federal Agency Issues - Coupon 79.82 82.96 85.12 51.22 57.67 75.33 72.13 70.30 57.69 57.48 57.20 56.77 56.34 L.A.I.F. 0.24 0.24 0.26 0.00 32.77 18.69 0.11 0.11 0.11 0.10 0.10 0.11 0.11 Corporate Bonds - Coupon 12.92 5.54 6.02 13.29 5.56 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Certificate of Deposit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Federal Agency Discount 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Treasury Securities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Agency CMOs/Mortgage Backed 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Commerical Paper - Disc (Amortizing) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Asset Backed Securities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Mutual Funds 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Money Market - CAMP 0.00 0.00 0.00 0.00 0.00 1.48 23.21 25.12 37.82 38.05 38.36 38.81 39.25 Total 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 21

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IV. Miscellaneous Portfolios

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Fund Coupon Yield Maturity Face Value Cost Per Book Market Value City of Pasadena-Housing Succesor Agency
Money Mkt CAMP 3.770% 3.822% 7/1/2026 $2,713,907.49 $2,713,907.49 $2,713,907.49 LAIF 3.816% 3.816% 7/1/2026 $1.70 $1.70 $1.70
Weighted Average Maturity = 1 day $2,71 3,909.19 $2,713,909.19 $2,713,909.19 2002 Electric Revenue Reserve Fund
Money Mkt CAMP 3.770% 3.822% 7/1/2026 $4,146,606.92 $4,146,606.92 $4,146,606.92 Weighted Average Maturity = 1 day $4,146,606.92 $4,146,606.92 $4,146,606.92 Annandale Assessment District
Municipal Bonds-Annandale Assessment 6.000% 6.000% 9/2/2040 $823,835.00 $823,835.00 $823,835.00 Weighted Average Maturity = 14.38
2012A
Electric Parity Reserve Fund
Money Mkt CAMP 3.770% 3.822% 7/1/2026 $734,237.14 $734,237.14 $734,237.14 Weighted Average Maturity = 1 day $734,237.14 $734,237.14 $734,237.14 Miscellaneous Funds
June 30, 2026

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Fund Coupon Yield Maturity Face Value Cost Per Book Market Value Miscellaneous Funds
June 30, 2026
2013A Electric Parity Reserve Fund
Money Mkt CAMP 3.770% 3.822% 7/1/2026 $7,091,744.92 $7,091,744.92 $7,091,744.92 Weighted Average Maturity = 1 day $7,091,744.92 $7,091,744.92 $7,091,744.92 2016A Electric Revenue Refunding Reserve
Money Mkt CAMP 3.770% 3.822% 7/1/2026 $2,843,027.04 $2,843,027.04 $2,843,027.04 Weighted Average Maturity = 1 day $2,843,027.04 $2,843,027.04 $2,843,027.04 2020A Water Refund Revenue Bonds Project
LAIF 3.816% 3.816% 7/1/2026 $5,199.11 $5,199.11 $5,199.11 Weighted Average Maturity = 1 day $5,199.11 $5,199.11 $5,199.11 2021A Water Refund Revenue Bonds Project
LAIF 3.816% 3.816% 7/1/2026 $16,094.20 $16,094.20 $16,094.20 Money Mkt CAMP 3.770% 3.822% 7/1/2026 $1,388.47 $1,388.47 $1,388.47 Weighted Average Maturity = 1 day $17, 482.67 $17,482.67 $17,482.67 GRAND TOTAL: $18,376,041.99 $18,376,041.99 $18,376,041.99

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V. Investments Held by Trustees

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Schedule of Funds Held by Trustees

CITY OF PASADENA
For Period Ending 6/30/2026 Market Yield 3.54%
Maturity 07/01/26
$ Amount
Trustee/Officer Issue Name Shares/Par Cost Market Maturity % Maturity Date Investment Value Valu e Date Yld
Amy Green 2026A Pasadena COPS
(213)630-6204 COI-Pasadena 26A COPS Account #09029026
Lena Chan DREFUS GOVT CM INST 289 Cusip: X9USDDGCM 13,045.70 13,045.70 13,045. 70 07/01/ 26 3.55% (213) 630-6253 Bse Rental Fund-Pasadena 26A COPS Account #09029027 DREFUS GOVT CM INST 289 Cusip: X9USDDGCM 0.02 0.02 0.02 07/01/26 3.55% Total 13,045.72 13,045.72 13,045.72
US Bank 2025 City of Pasadena GOB (Central Library Project) Ilse Vlach Good Faith Deposit- Series 2025 Account #292895100 (213) 615-6051 First American Fund Inc Treasury OF Cusip 31846V542 - - - 07/01/26 0.00% Adriana Marshall Interest Fund- Series 2025 Account #292895101 (213) 615-6033 First American Fund Inc Treasury OF Cusip 31846V542 458,680.73 458,680.73 458,680. 73 07/ 01/26 3.53% US Treasury Notes Cusip 91282CLH2 4,875,000.00 4,854,433.59 4,874,317.50 08/31/26 4.09% US Treasury Notes Cusip 91282CMP3 1,955,000.00 1,959,047.46 1,956,309.85 02/28/27 4.00% Capital Project Fund- Series 2025 Account #292895103
First American Fund Inc Treasury OF Cusip 31846V542 20,969.61 20,969.61 20,969.61 07/01/ 26 3.53% Project Fund- Series 2025 Account #292895104
First American Fund Inc Treasury OF Cusip 31846V542 39,726,601.59 39,726,601.59 39,726,601.59 07/01/26 3.53% US Treasury Notes Cusip 91282CLP4 13,500,000.00 13,397,167.97 13,487,850.00 09/30/26 4.08% US Treasury Notes Cusip 91282CME8 16,500,000.00 16,550,273.44 16,521,945.00 12/31/26 4.05% US Treasury Notes Cusip 91282CMV0 21,500,000.00 21,447,929.69 21,477,640.00 03/31/27 4.01% US Treasury Notes Cusip 91282CEW7 15,500,000.00 15,277,792.97 15,369,955.00 06/30/27 3.96% US Treasury Notes Cusip 91282CLL3 14,000,000.00 13,818,984.38 13,873,160.00 09/15/27 3.96% US Treasury Notes Cusip 91282CGC9 20,000,000.00 19,967,968.75 19,915,600.00 12/31/27 3.94% US Treasury Notes Cusip 91282CGT2 17,000,000.00 16,856,562.50 16,844,620.00 03/31/27 3.94% FHLB Cusip 313B5EY8 10,000,000.00 10,000,000.00 9,982,000.00 05/22/28 4.40% US Treasury Notes Cusip 91282CCH2 6,000,000.00 5,527,500.00 5,668,140.00 06/30/28 3.97% US Treasury Notes Cusip 91282CCY5 11,700,000.00 10,704,585.94 10,973,313.00 09/ 30/28 3.98% US Treasury Notes Cusip 91282CJR3 8,700,000.00 8,630,671.88 8,613,696.00 12/31/28 3.99% COI- Series 2025 Account #292895105
First American Fund Inc Treasury OF Cusip 31846V542 - - - 07/01/26 4.20% Total 201,436,251.93 199,199,170.50 199,764,798.28

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Page 68 ends

Schedule of Funds Held by Trustees

CITY OF PASADENA
For Period Ending 6/30/2026 Market Yield 3.54%
Maturity 07/01/26
$ Amount
Trustee/Officer Issue Name Shares/Par Cost Market Maturity % Maturity Date Investment Value Value D ate Yld
US Bank 2024A Rose Bowl Pasadena PFA Lease Revenue Bonds Ilse Vlach Interest Fund- Series 2024A Account #290083000 (213) 615-6051
Adriana Marshall Principal Fund- Series 2024A Account #2900083001 (213) 615-6033 Fidelity Govt Protfolio CI Cusp:316175108 110.29 110.29 110.29 07/01/26 3.53% COI Fund- Series 2024A Account #2900083002
Cash - - - 07/01/26 0.00%
Total 110.29 110.29 110.29
Amy Green 2024A Electric Revenue Refunding Bonds
(213)630-6204 Bond Fund-2024A Account #00016123
Lena Chan DREFUS GOVT CM INST 289 Cusip: X9USDDGCM 2.44 2.44 2.44 07/01/26 3.28% (213) 630-6253
Total 2.44 2.44 2.44
BNY 2021A Water Revenue Refunding Bonds
Amy Green COI-2021A Account #209092
(213)630-6204 Cash - - - 07/01/26 0.00%
Lena Chan Debt Service-2021A Account #209093
(213) 630-6253 DREFUS GOVT CM INST 289 Cusip: X9USDDGCM 466.12 466.12 466.12 07/01/26 3.55% Reserve-2021A Account #209094
DREFUS GOVT CM INST 289 Cusip: X9USDDGCM 940,841.27 940,841.27 940,841.27 07/01/ 26 3.55% Cash - - - 07/01/26 0.00%
Total 941,307.39 941,307.39 941,307.39
BNY 2020A Water Revenue Refunding Bonds
Amy Green COI-2020 Account #746583
(213)630-6204 Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS - - - 07/01/26 3.54% Lena Chan DEBT SERVICE-2020 Account #746585
(213) 630-6253 Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS - - - 07/01/26 3.54% Total - - -

Page 2 of 6 ends

Page 69 ends

Schedule of Funds Held by Trustees

CITY OF PASADENA
For Period Ending 6/30/2026 Market Yield 3.54%
Maturity 07/01/26
$ Amount
Trustee/Officer Issue Name Shares/Par Cost Market Maturity % Maturity Date Investment Value Valu e Date Yld
2020AB POB Bonds
BNY POB COI-2020B Account #220413
Amy Green BlackRock Treasury Turst Dollars 63 Cusip: X9USDBTRD - - - 07/01/26 3.31% (213)630-6204 POB Bond Fund-2020B Account #220414
Lena Chan Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 1,312.00 1,312.00 1,312. 00 07/01/ 26 3.54% (213) 630-6253 POB Bond Fund-2020B Account #220415
Blackrock Tresus Trust Dollar 11 Cusip: X9USDBTRO 157.00 157.00 157.00 07/01/26 3.31% POB Principal-2020B Account #220416
Blackrock Tresus Trust Dollar 11 Cusip: X9USDBTRO 753.47 753.47 753.47 07/01/26 3.31% POB Principal-2020A Account #765997
Blackrock Tresus Trust Dollar 11 Cusip: X9USDBTRO 146.16 146.16 146.16 07/01/26 3.31% POB Bond Fund-2020A Account #765990
Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 709.69 709.69 709.69 07/01/26 3.54% POB Bond Fund-2020A Account #765996
Blackrock Tresus Trust Dollar 11 Cusip: X9USDBTRO 344.95 344.95 344.95 07/01/26 3.31% Total 3,423.27 3,423.27 3,423.27
US Bank 2018AB Rose Bowl Pasadena PFA Lease Revenue Bonds Ilse Vlach Interest Fund- Series 2018A Account #248882000 (213) 615-6051 Fidelity Govt Protfolio CI Cusp:316175108 1,375.67 1,375.67 1,375. 67 07/01/ 26 3.53% Adriana Marshall Costs of Issuance- Series 2018A Account #248882002 (213) 615-6033 Fidelity Govt Protfolio CI Cusp:316175108 - - - 07/01/26 3.53% Interest Fund- Series 2018B Account #248882100
Fidelity Govt Protfolio CI Cusp:316175108 132.61 132.61 132.61 07/01/26 3.53% Principal Fund- Series 2018B Account #248882101
Fidelity Govt Protfolio CI Cusp:316175108 1,549.73 1,549.73 1,549.73 07/01/ 26 3.53% Costs of Issuance- Series 2018B Account #248882102
Fidelity Govt Obl Fd Cl D 316175108 - - - 07/01/26 3.53% Total 3,058.01 3,058.01 3,058.01
2017A Water Revenue Bonds
BNY Debt Service-2017A Account #948165
Amy Green Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS - - - 07/01/26 3.54% (213)630-6204 Reserve Fund-2017A Account #948269
Lena Chan Federal Home Loan Banks Cusip: 3130AL3S18 - - - 02/17/26 0.63% (213) 630-6253 DREYFUS CUSIP:X9USSGCM 1,120,792.05 1,120,792.05 1, 120,792.05 07/01/26 3.55% Total 1,120,792.05 1,120,792.05 1,120,792.05

Page 3 of 6 ends

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Schedule of Funds Held by Trustees

CITY OF PASADENA
For Period Ending 6/30/2026 Market Yield 3.54%
Maturity 07/01/26
$ Amount
Trustee/Officer Issue Name Shares/Par Cost Market Maturity % Maturity Date Investment Value Value D ate Yld
US Bank 2016A Rose Bowl Pasadena PFA Lease Revenue Bonds Ilse Vlach Interest Fund- Series 2016A Account #264433000 (213) 615-6051 Fidelity Govt Protfolio CI Cusp:316175108 604.68 604.68 604.68 07/01/26 3.53% Principal Fund- Series 2016A Account #264433001
Fidelity Govt Protfolio CI Cusp:316175108 7,246.62 7,246.62 7,246.62 07/01/26 3.53% Adriana Marshall
Insurance & Condemnation Fund- Series 2016A Account
#264433002
(213) 615-6033 Fidelity Govt Obl Fd Cl D 316175108 0.19 0.19 0.19 07/01/26 3.53% Cost of Issuance- Series 2016A Account #264433003
First American Govt Obl Fd Cl D 31846V401 - - - 07/01/26 3.53% Total 7,851.49 7,851.49 7,851.49
BNY Pasadena Water Revenue 2010AB
Amy Green 2010 A Parity Reserve Account #286245
(213)630-6204 DREYFUS CUSIP:X9USSGCM 1,414,144.04 1,414,144.04 1,414,144. 04 07/01/ 26 3.55% Lena Chan Federal Home Loan Bank CUSIP:3130AL3S1 - - - 02/17/26 0.63% (213) 630-6253 Cash - - - 07/01/26 0.00%
2010 B Parity Reserve Account #286248
DREYFUS CUSIP:X9USSGCM 316,889.41 316,889.41 316,889.41 07/01/26 3. 55% Federal Home Loan Bank CUSIP:3130AL3S1 - - - 02/17/26 0.63% Cash - - - 07/01/26 0.00%
Total 1,731,033.45 1,731,033.45 1,731,033.45
US Bank 2010 Rose Bowl Pasadena PFA Lease Revenue Bonds Ilse Vlach Interest Fund (S631591)
(213) 615-6051 Fidelity Instl Mm Fds Government I CUSIP:316175108 507,855.19 507,855.19 507,855.19 07/ 01/26 3. 53% Lindsey K Tonsfeldt Cash - - - 07/01/26 0.00%
(651) 466-5114 Principal Fund (S631592)
[email protected] Fidelity Instl Mm Fds Government I CUSIP:316175108 3.66 3.66 3.66 07/01/26 3.53% Bond Reserve Fund (S631593)
Federal Home Loan Bank Funds CUSIP: 3130ALBD5 - - - 02/25/41 2.15% Fidelity Instl Mm Fds Government I CUSIP:316175108 334,076.31 334,076.31 334,076.31 07/01/26 3. 53% Cash - - - 07/01/26 0.00%
Total 841,935.16 841,935.16 841,935.16

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Schedule of Funds Held by Trustees

CITY OF PASADENA
For Period Ending 6/30/2026 Market Yield 3.54%
Maturity 07/01/26
$ Amount
Trustee/Officer Issue Name Shares/Par Cost Market Maturity % Maturity Date Investment Value Value D ate Yld
Computershare Corporate Trust PPFA (Paseo Colorado Parking Facilities) 2008 Kimberly Vann Bond Fund Account #23200100
Kimberly.Vann@computershare. Allspring Government Money Market Service 52,392.56 52,392.56 52,392.56 07/01/26 3.21% Cash - - - 07/01/26 0.00%
Reserve Fund Account #23200101
FHLB Cusip: 3130APVC6 2,000,000.00 2,000,000.00 1,978,160.00 12/01/ 26 1.38% Anabella Hernandez Well Fargo Advantage Government Money Market Service - - - 07/01/26 0.01% (312) 504-5364 Cost of Issuance Fund Account #23200103
(612)448-7140 Well Fargo Advantage Government Money Market Service - - - 07/01/26 0.00% Anabella.Hernandez@computersTotal 2,052,392.56 2,052,392.56 2,030,552.56 BNY Pasadena 2006,2008,2015 COP Reserves
Amy Green Reserve Account #281635
(213)630-6204 Federal Home Loan Banks CUSIP:3130AKKQ8 4,950,000.00 4,950,000.00 4,337,338. 50 12/23/ 30 1.25% Lena Chan Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 303,343.01 303,343.01 303,343.01 07/ 01/26 3. 54% (213) 630-6253 Cash - - - 07/01/26 0.00%
Total 5,253,343.01 5,253,343.01 4,640,681.51
Pasadena 2008AB COPS, 15A Parity Reserve
BNY Reserve Fund #281207
Amy Green Federal Home Loan Banks CUSIP:3130AKKQ8 1,325,000.00 1,325,000.00 1,161,004. 75 12/23/ 30 1.25% (213)630-6204 Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 81,197.85 81,197.85 81,197.85 07/01/ 26 3.54% Lena Chan Cash Balance - - -
(213) 630-6253 Total 1,406,197.85 1,406,197.85 1,242,202. 60 BNY Pasadena 2008A COPS
Amy Green Base Rental Fund #281732
(213)630-6204 Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 296,372.29 296,372.29 296,372.29 07/ 01/26 3. 54% Lena Chan Cash Balance - - - 0.00%
(213) 630-6253 Interest Fund #281733
Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 63.04 63.04 63.04 07/01/26 3.54% Letter of Credit #281734
Bank of America CUS: S86494570 1.00 1.00 1.00 03/31/25 0.00% Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 14.06 14.06 14.06 07/01/26 3.54% Total 296,450.39 296,450.39 296,450.39

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Schedule of Funds Held by Trustees

CITY OF PASADENA
For Period Ending 6/30/2026 Market Yield 3.54%
Maturity 07/01/26
$ Amount
Trustee/Officer Issue Name Shares/Par Cost Market Maturity % Maturity Date Investment Value Valu e Date Yld
BNY Pasadena Conf Ctr 2006AB
Amy Green Reserve Fund #281722
(213)630-6204 Federal Home Loan Banks CUSIP:3130AJRH4 10,800,000.00 10,800,000.00 7, 712,064.00 06/29/40 2.07% Lena Chan Federal Home Loan Banks CUSIP:3130AKKQ8 270,000.00 270,000.00 236,582. 10 12/ 23/30 1.25% (213) 630-6253 Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 1,111,923.03 1,111,923.03 1, 111,923.03 07/01/26 3.54% Cash Balance - - - 01/00/00 0.00%
Total 12,181,923.03 12,181,923.03 9,060,569.13
BNY Pasadena Water Revenue 2003
Amy Green Parity Reserve Account #281651
(213)630-6204 Federal Home Loan Banks CUSIP: 3130AL3S1 - - - 02/17/26 0.63% Lena Chan DREYFUS GOVT CM INST 289 CUSIP: X9USDDGCM 1,053,930.88 1,053,930.88 1, 053,930.88 07/01/26 3.55% (213) 630-6253 Cash - - - 07/01/26 0.00%
Total 1,053,930.88 1,053,930.88 1,053,930.88
BNY COPS Parity Reserve Fund(2006A, and 2008ABC COP)
Amy Green Certificate Reserve #281143
(213)630-6204 Federal Home Loan Banks CUSIP: 3130AKKQ8 2,025,000.00 2,025,000.00 1, 774,365.75 12/23/30 1.25% Lena Chan Goldman Fincl Sq Govt Instl 465 CUSIP:X9USDGLDS 124,096.66 124,096.66 124,096. 66 07/ 01/26 3.54% (213) 630-6253 Cash - - - 07/01/26 0.00%
(In aggegrate with 2006A, Total Funds 2,149,096.66 2,149,096.66 1, 898,462.41 and 2008ABC COP reserve)
SCPPA SCPPA Investments
Atif Haji Datoo SCPPA Project Stabilization Fund
(213) 367-4668 Fidelity Inst MMKT GOVT 57CUSIP:X9USDFIN 577,625.51 577,625.51 577,625. 51 07/ 01/26 3.54% Fidelity Inst MMKT GOVT 57CUSIP:X9USDFIN 1,091,914.96 1,091,914.96 1,091,914.96 07/01/26 3.54% US Bancorp Cusip 91159XBZ7 3,000,000.00 3,000,000.00 2,965,950.00 04/29/30 5.20% Federal Home Loan Mortgage Corp CUSIP: 3134HCJR1 1,000,000.00 999,250.00 987,840.00 06/ 18/30 4.00% Federal Agricultural Mortgage Corp CUSIP:31428JAN7 1,000,000.00 1,000,000.00 986,840.00 02/ 03/31 3.98% Total 6,669,540.47 6,668,790.47 6,610,170.47
TOTAL FUND BALANCE 237,161,686.05$ 234,923,854.62$ 231,260,377.50$

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VI. PARS Section 115 Trust

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City of Pasadena
PARS Section 115 Trust
For the Month Ended June 30, 2026
Pension Account 6746056200
Mayket Value Book Value
Beginning Balance 8,335,365.69 7,794,422.88
Activity
Contributions 0.00 0.00
Disbursements 0.00 0.00
Total 0.00 0.00
Net Investment Income
Dividends 34,443.72 34,443.72
Interest 605.51 605.51
Other Income 0.00 0.00
Change in Accrued Income (89.82) (89.82)
Total Investment Income 34,959.41 34,959.41
Net Change in Unrealized Gain/Loss (28,503.29) 0.00
Free Receipts and Free Deliveries Net 160.86 0.00
Realized Gain/Loss 0.00 0.00
Total Mayket Value Adjustment (28,342.43) 0.00
Trust Fees (1,975.06) (1,975.06)
PARS Fee (Net of Depository Earnings) (1,696.98) (1,696.98) Unreconciled Difference 0.00 0.00
Total (3,672.04) (3,672.04)
Ending Balance 8,338,310.63 7,825,710.25
1 Year Inception To Date
Investment Return (Inception-To-Date as of 03/31/2026) 9.62% 5.34% BenchMark Return (PARS Moderately Conservative) 9.69% 5.43% Asset Allocation
Market Value Percentage
Cash and Equivalents 190,970.17 2.29%
Equity 2,659,931.02 31.90%
Fixed Income 5,486,893.75 65.80%
Accrued Income 515.69 0.01%
Total 8,338,310.63 100.00%
Account Manager:

Kyra Clarke
3121 Michelson Dr 3rd Fl
Irvine, CA 92612
949-224-7214, [email protected]
Cash and Equivalents

2.29%
Equity

31.90%
Fixed Income

65.80%
Accrued Income

0.01%
30

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City of Pasadena
PARS Section 115 Trust
For the Month Ended June 30, 2026
Post Employments Benefits Trust 6746056201
Mayket Value Book Value
Beginning Balance 2,949,811.69 2,766,037.33
Activity
Contributions 0.00 0.00
Disbursements 0.00 0.00
Total 0.00 0.00
Net Investment Income
Dividends 12,219.36 12,219.36
Interest 213.25 213.25
Other Income 0.00 0.00
Change in Accrued Income (22.21) (22.21)
Total Investment Income 12,410.40 12,410.40
Net Change in Unrealized Gain/Loss, Fee Receipts & Deliveries Net (10,770.61) 0.00 Free Receipts and Free Deliveries Net 60.72 0.00
Realized Gain/Loss 0.00 0.00
Total Mayket Value Adjustment (10,709.89) 0.00
Trust Fees (697.89) (697.89)
PARS Fee (Net of Depository Earnings) (600.55) (600.55) Unreconciled Difference 0.00 0.00
Total (1,298.44) (1,298.44)
Ending Balance 2,950,213.76 2,777,149.29
1 Year Inception To Date
Investment Return (Inception-To-Date as of 03/31/2026) 9.64% 5.45% BenchMark Return (PARS Moderately Conservative) 9.69% 5.49% Asset Allocation
Marrket Value Percentage
Cash and Equivalents 69,050.41 2.34%
Equity 934,709.14 31.68%
Fixed Income 1,946,263.17 65.97%
Accrued Income 191.04 0.01%
Total 2,950,213.76 100.00%
Account Manager:

Kyra Clarke
3121 Michelson Dr 3rd Fl
Irvine, CA 92612
949-224-7214, [email protected]
Cash and Equivalents

2.34%
Equity

31.68%
Fixed Income

65.97%
Accrued Income

0.01%
31

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FINANCE DEPARTMENT
Quarterly Investment Report
Quarter Ending June 30, 2026
Vic Erganian
Deputy Finance Director/City Treasurer
September 15, 2026
Finance Committee and City Council
Item 3 (Finance Committee); Item xx (City Council)

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FINANCE DEPARTMENT
Gross Domestic Product
2

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FINANCE DEPARTMENT
Inflation
3

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FINANCE DEPARTMENT
LA-Anaheim-Riverside CPI Index
• According to the Bureau of Labor Statistics
the “Los Ang
eles area all items CPI-U
increased 3.4 percent for the 12 months
ending in July. The index for all items less
food and energy advanced 2.5 percent
over the year. Food prices rose 3.2
percent. Energy prices advanced 15.8
percent”.
4

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FINANCE DEPARTMENT
LA-Long Beach-Anaheim CPI Index
5

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FINANCE DEPARTMENT
Unemployment
6

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FINANCE DEPARTMENT
Unemployment Rate
Unemployment Rate as of June 2026
• US National rate 4.2% July was 4.1%
• State of California 5.2%
• Los Angeles County 5.3%
• Pasadena 4.8%
7

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FINANCE DEPARTMENT
Effective Fed Funds Rate
8

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FINANCE DEPARTMENT
Implied Overnight Rates
9

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FINANCE DEPARTMENT
Treasury Rates 08/13/25 vs 08/13/2026
10

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FINANCE DEPARTMENT
US Debt
11

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FINANCE DEPARTMENT
The Stock Market
129
12

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FINANCE DEPARTMENT
13 Total Funds Under Management
Total Funds Under Management as of 06/30/2026 (Market Values):

Pooled Portfolio $843,840,666
Capital Endowment 1,038,671
Power Fund Reserve For Working Capital 46,552,835
Special Funds 18,376,042
Investments held with Fiscal Agents 231,260,378
PARS Section 115 Trust 11,288,524
Total Funds Under Management $1,152,357,116

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FINANCE DEPARTMENT
As of June 20, 2026
14 Pooled Portfolio Structure
MMF-Collateral

0.00%
Certificates of Deposit

1.20%
Muni

6.76%
Corp Bond

17.98%
Fed Agency

51.15%
US Treasury

4.46%
Supranationals

0.60%
Commercial Paper

1.20% Money Market-CAMP

6.94%
Money Market Fund-US Bank

0.42%
LAIF

9.01%
Cash in Bank

0.28%

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FINANCE DEPARTMENT
• CAMP AAA
• Municipal Bonds Aaa/Aa1/Aa2/Aa3/A1/A2
• Federal Agencies Aa1
• Corporate Bonds Aaa/Aa2/Aa3/A1/A2/A3
• US Treasuries Aa1 (Moody’s) AA+ (S&P/Fitch)
• Supranationals Aaa
• LAIF In Trust (Not rated)
15 Pooled Portfolio Credit Quality

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FINANCE DEPARTMENT
Pooled Portfolio Liquidity as of
06/30/2026
16 Percent of
Aging Interval Par Value Portfolio
0-30 Days 162,423,862 19.24%
31 days - 1 Year 65,035,000 7.71%
1 - 2 Years 83,087,000 9.84%
2 - 3 Years 123,300,000 14.61%
3 - 4 Years 60,223,333 7.14%
4 - 5 Years 349,949,000 41.46%
Over 5 Years ____________ 0.0%
TOTAL: $ 844,018,196 100.00%

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FINANCE DEPARTMENT
17 • Apple Inc Aaa
• Johnson & Johnson Aaa
• Trustees Princeton U Aaa
• New York Life Aa1
• Wells Fargo Bank Aa2
• Credit Suisse NY Aa2
• JP Morgan Aa2
• Met Life Global Aa3
• Eli Lilly & Co Aa3
• Merck & Co Inc Aa3
• RBC A1
• Bank of America A1
• Toyota A1
• Mutual of Omaha A1
• Cisco Systems A1
• Amazon.com Inc A1
• Goldman Sachs A1
• Bristol Myer A2
• US Bancorp A3
Corporate Credit Quality

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FINANCE DEPARTMENT
Taxable Munis
• Anaheim Ca Union Sch Dist Aa1
• City of Corona Revenue Bonds AA+
• San Jose redevelopment Agency AA+
• University of CA Revenue Aa2
• Fre
mont Unified Sch Dist Aa 2
• City of Los Angeles Aa2
• California State Health Facs Fing Aa2
• State Of California Go Bonds Aa2
• Los Angeles USD Aa2
• City
Of Oakland Aa2
• California ST Public Works Aa3
18

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FINANCE DEPARTMENT
Compliance
19 Pooled Investment Portfolio
As of 06/30/2026
Diversification Credit Quality Maturity
Portfolio State Gov't Portfolio Credit Quality Portfolio % of total Code limits Credit Quality per Gov Code compliance Maturity Collateralized Money Market 0.00% 100% In compliance 102% Collateral 102% Collateral In compliance In compliance Certificates of Deposit 1.20% 30% In compliance n/a n/a In compliance In compliance Municipal Bonds 6.76% 100% In compliance
Aaa/Aa3/Aa2/Aa1/A2/AA+/AA-
/AAA/AA A or better In compliance In compliance
US Treasury Securities 4.46% 100% In compliance Aa1 AA+/Aa1 In compliance In compliance Corporate Bonds 17.98% 30% In compliance* Aaa/Aa2/Aa3/A1/A2/A3 A or better In compliance In compliance Federal Agency Issues 51.15% 100% In compliance Aa1 AA+/Aa1 In compliance In compliance Supranationals 0.60% 30% In compliance Aaa AA or better In compliance In compliance Commercial Paper 1.20% 100% In compliance P-1 (Short-term)/A1/Aa1 P-1 (Short-term) In compliance In compliance Money Market-CAMP 6.94% 100% In compliance n/a n/a In compliance In compliance Money Market Fund-Us Bank 0.42% 100% In compliance Aaa AA+/Aaa In compliance In compliance LAIF 9.01% 100% In compliance n/a n/a In compliance In compliance Cash 0.28% 100% In compliance Collateralized Collateralized In compliance In compliance 100.00%
Portfolio Value 843,840,666

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FINANCE DEPARTMENT
Pooled Portfolio Yield
20 0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%

4.00%

4.50%

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FINANCE DEPARTMENT
21 Conclusion
• All investments are in compliance with the State
Govern
ment Code and the City’s investment
policy.
• Ample liquidity is maintained to meet budgeted
expenditures.
• Adequate returns vs. portfolio risk.

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NEW BUSINESS
ITEM 4

4. CONSIDERATION OF NEW DAY AND TIME FOR THE REGULAR

FINANCE/AUDIT COMMITTEE MEETINGS
(DI

SCUSSION ONLY)

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Finance CommitteeSeptember 15, 2026

Finance Committee
September 15, 2026