Agenda packet — Paso Robles City Council, July 21, 2026 (part 2 of 6)

City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 8 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION VENDOR TOTALS .00 YTD INVOICED 286.60 YTD PAID 286.60
87598 CINTAS FIRST AID & SAFETY
144580 05/12/26 146498 84689 P 07/02/26 6016102 52133 SwrTrtmnt-Safety EquipSup 205.04 INVOICE: 5335590102
144580 05/12/26 146498 84689 P 07/02/26 6016101 52133 SewerColl-Safety Equip/Su 49.88 INVOICE: 5335590102
144625 06/05/26 146545 84689 P 07/02/26 1003266 52120 PWFacMaintCentPKOffice Ex 43.39 INVOICE: 8408374910
144626 06/03/26 146546 84689 P 07/02/26 1003251 52120 PWFacCHAnnex-Office Expen 17.20 INVOICE: 5339769404
144627 05/31/26 146547 84689 P 07/02/26 1003260 52120 PWFacVetCtrOffice Expense 29.81 INVOICE: 8408360107
144628 05/31/26 146548 84689 P 07/02/26 6006001 52120 WtrProd-Office Expense 104.52 INVOICE: 8408360106
144629 05/31/26 146549 84689 P 07/02/26 1003300 52120 StMaint-Office Expense 199.07 INVOICE: 8408360032
144630 05/31/26 146550 84689 P 07/02/26 1003258 52120 PWFacPSC-Office Expense 226.07 INVOICE: 8408360031
144631 05/15/26 146551 84689 P 07/02/26 1003258 52120 PWFacPSC-Office Expense 615.68 INVOICE: 8408321573
144632 05/11/26 146552 84689 P 07/02/26 1003250 52120 Facilities-Office Expense 384.25 INVOICE: 5335316406
144633 04/17/26 146553 84689 P 07/02/26 1003258 52120 PWFacPSC-Office Expense 522.27 INVOICE: 8408254344
144634 03/31/26 146554 84689 P 07/02/26 1003257 52120 PWFacLibCHOffice Expense 196.28 INVOICE: 8408215302
VENDOR TOTALS .00 YTD INVOICED 2,593.46 YTD PAID 2,593.46 4306 CODE 3 TECHNOLOGY LLC
144516 06/12/26 146434 260300 84690 P 07/02/26 1122100 54540 PDAdmin-Equipment-Furnitu 17,053.80 INVOICE: 26-181
VENDOR TOTALS .00 YTD INVOICED 17,053.80 YTD PAID 17,053.80 3454 COLANTUONO, HIGHSMITH & WHATLEY, PC
144392 06/08/26 146306 84691 P 07/02/26 1007101 52246 CDDPlng-OtherExternal Ser 420.00 INVOICE: 71161
144398 06/08/26 146312 84691 P 07/02/26 1007101 52246 CDDPlng-OtherExternal Ser 560.00 INVOICE: 71162
144584 02/09/26 146502 84691 P 07/02/26 1007101 52246 CDDPlng-OtherExternal Ser 665.00 INVOICE: 69444
VENDOR TOTALS .00 YTD INVOICED 1,645.00 YTD PAID 1,645.00 88192 JENNIFER COLBERT
144715 07/02/26 146635 84692 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 9 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 89891 COLLINGS & ASSOCIATES
144407 05/28/26 146322 84693 P 07/02/26 1002200 52242 FirePrevention-Plan Check 447.00 INVOICE: 22462
144408 05/27/26 146323 84693 P 07/02/26 1002200 52242 FirePrevention-Plan Check 330.00 INVOICE: 22459
144434 06/12/26 146350 84693 P 07/02/26 1002200 52242 FirePrevention-Plan Check 342.00 INVOICE: 22490
144435 06/15/26 146351 84693 P 07/02/26 1002200 52242 FirePrevention-Plan Check 330.00 INVOICE: 22491
144680 06/18/26 146600 84693 P 07/02/26 1002200 52242 FirePrevention-Plan Check 237.00 INVOICE: 22493
144681 06/18/26 146601 84693 P 07/02/26 1002200 52242 FirePrevention-Plan Check 447.00 INVOICE: 22494
144682 06/18/26 146602 84693 P 07/02/26 1002200 52242 FirePrevention-Plan Check 289.00 INVOICE: 22495
144683 06/25/26 146603 84693 P 07/02/26 1002200 52242 FirePrevention-Plan Check 342.00 INVOICE: 22499
VENDOR TOTALS .00 YTD INVOICED 2,764.00 YTD PAID 2,764.00 45 MIKE COMPTON
144716 07/02/26 146636 84694 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 94126 COMPUWAVE
144508 06/12/26 146424 84695 P 07/02/26 1121350 52127 IT-Computer Hardware 350.18 INVOICE: SB02106819
VENDOR TOTALS .00 YTD INVOICED 350.18 YTD PAID 350.18
5291 CONSIBIO INC
144552 06/10/26 146470 84696 P 07/02/26 6016101 52215 Maintenance-PW Service Ag 630.75 INVOICE: 2182
VENDOR TOTALS .00 YTD INVOICED 630.75 YTD PAID 630.75
216 CONSOLIDATED ELECTRICAL DISTR., INC
144640 05/28/26 146560 84697 P 07/02/26 1003200 52220 PWPksFacMaintMaint-Genera 262.24 INVOICE: 5870-1024010
144641 05/07/26 146561 84697 P 07/02/26 1003200 52220 PWPksFacMaintMaint-Genera 80.78 INVOICE: 5870-1023707
VENDOR TOTALS .00 YTD INVOICED 343.02 YTD PAID 343.02
3147 CORE & MAIN LP
144424 05/01/26 146340 84698 P 07/02/26 6006001 52220 WtrProd-Maintenance-Gen R 1,924.88

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 10 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION INVOICE: Y930242
144425 05/01/26 146341 84698 P 07/02/26 6006001 52220 WtrProd-Maintenance-Gen R 1,924.88 INVOICE: Y930232
144426 05/01/26 146342 84698 P 07/02/26 6006001 52220 WtrProd-Maintenance-Gen R 1,924.88 INVOICE: Y930215
144427 05/01/26 146343 84698 P 07/02/26 6006001 52220 WtrProd-Maintenance-Gen R 1,924.88 INVOICE: Y930201
144428 05/01/26 146344 84698 P 07/02/26 6006001 52220 WtrProd-Maintenance-Gen R 1,924.88 INVOICE: Y930191
144429 05/01/26 146345 84698 P 07/02/26 6006001 52220 WtrProd-Maintenance-Gen R 1,924.88 INVOICE: Y930175
144430 05/01/26 146346 84698 P 07/02/26 6006001 52220 WtrProd-Maintenance-Gen R 1,924.88 INVOICE: Y930164
144431 05/01/26 146347 84698 P 07/02/26 6006001 52220 WtrProd-Maintenance-Gen R 2,191.32 INVOICE: Y930264
144432 05/01/26 146348 84698 P 07/02/26 6006001 52220 WtrProd-Maintenance-Gen R 2,457.75 INVOICE: Y930295
144433 05/01/26 146349 84698 P 07/02/26 6006001 52220 WtrProd-Maintenance-Gen R 2,457.75 INVOICE: Y930283
144475 06/02/26 146391 84698 P 07/02/26 6006001 52220 WtrProd-Maintenance-Gen R 1,924.88 INVOICE: Z118542
144476 06/02/26 146392 84698 P 07/02/26 6006001 52220 WtrProd-Maintenance-Gen R 1,924.88 INVOICE: Z118509
144477 06/02/26 146393 84698 P 07/02/26 6006001 52220 WtrProd-Maintenance-Gen R 1,924.88 INVOICE: Z118524
144478 05/29/26 146394 84698 P 07/02/26 6006001 52220 WtrProd-Maintenance-Gen R 2,045.83 INVOICE: Z050693
144479 06/03/26 146395 84698 P 07/02/26 6006001 52220 WtrProd-Maintenance-Gen R 335.97 INVOICE: Z142600
144480 06/03/26 146396 84698 P 07/02/26 6006001 52220 WtrProd-Maintenance-Gen R 243.48 INVOICE: Z131914
VENDOR TOTALS .00 YTD INVOICED 28,980.90 YTD PAID 28,980.90 5032 THE COUNSELING TEAM INTERNATIONAL
144493 06/04/26 146409 84699 P 07/02/26 1002100 52271 PDAdmin-Medical Expense 640.00 INVOICE: INV110192
VENDOR TOTALS .00 YTD INVOICED 640.00 YTD PAID 640.00
3992 CSG CONSULTANTS, INC
144517 04/01/26 146435 260078 84700 P 07/02/26 1007151 52242 CDBldg-Ext Plan Check Ser 532.50 INVOICE: B260458
144589 05/01/26 146507 260078 84700 P 07/02/26 1007151 52242 CDBldg-Ext Plan Check Ser 596.00 INVOICE: B260623
VENDOR TOTALS .00 YTD INVOICED 1,128.50 YTD PAID 1,128.50 571 CULLIGAN WATER SERVICE
144547 05/31/26 146465 84701 P 07/02/26 6016102 52120 SwrTrtmnt-Office Expense 23.25 INVOICE: 134716

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 11 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION VENDOR TOTALS .00 YTD INVOICED 23.25 YTD PAID 23.25
929 VEEDA CUMMING
144717 07/02/26 146637 84702 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 400.00 INVOICE: 26.07
VENDOR TOTALS 400.00 YTD INVOICED 400.00 YTD PAID 400.00 1584 CYRACOM INTERNATIONAL, INC
144519 05/31/26 146437 84703 P 07/02/26 1002150 52240 CommDsp-Professional Svs 498.55 INVOICE: SUNINV000847070526
VENDOR TOTALS .00 YTD INVOICED 498.55 YTD PAID 498.55
83156 JULIE DAHLEN
144718 07/02/26 146638 84704 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 82073 NICKI DANA
144719 07/02/26 146639 84705 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 319.60 INVOICE: 26.07
VENDOR TOTALS 319.60 YTD INVOICED 319.60 YTD PAID 319.60 179 JODY DAUTH
144720 07/02/26 146640 84706 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 88672 RAYMOND DAUTH
144721 07/02/26 146641 84707 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 89253 SUSAN DeCARLI
144722 07/02/26 146642 84708 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 319.60 INVOICE: 26.07
VENDOR TOTALS 319.60 YTD INVOICED 319.60 YTD PAID 319.60 2822 DEPENDABLE FIRE PROTECTION
144659 05/06/26 146579 84709 P 07/02/26 6006001 52133 WtrProd-Safety Equip/Supp 176.75 INVOICE: A42126X1
144660 05/06/26 146580 84709 P 07/02/26 1253120 52133 FleetMaintSafetyEquip/Sup 962.19 INVOICE: A42126X2
144661 05/06/26 146581 84709 P 07/02/26 1003302 52133 StTrees-SafetyEquipSuppli 116.00

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 12 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION INVOICE: A42126X3
144662 05/06/26 146582 84709 P 07/02/26 1003250 52133 PWMaintAdSafety Equip/Sup 260.94 INVOICE: A42126X4
144663 05/06/26 146583 84709 P 07/02/26 6006001 52133 WtrProd-Safety Equip/Supp 691.34 INVOICE: A42126X5
144664 05/06/26 146584 84709 P 07/02/26 1003300 52133 StMaint-Safety Equip/Supp 344.94 INVOICE: A42126X6
144665 05/06/26 146585 84709 P 07/02/26 6016102 52133 SwrTrtmnt-Safety EquipSup 1,039.38 INVOICE: A42126X7
144666 05/06/26 146586 84709 P 07/02/26 1003200 52133 PWPksFacMaint-SafetyEquip 348.84 INVOICE: A42126X8
144667 05/06/26 146587 84709 P 07/02/26 1003257 52133 PWFacLibCH-Safety Equip/S 244.63 INVOICE: A42226X9
144668 05/06/26 146588 84709 P 07/02/26 1003258 52133 PWFacPSC-Safety Equip/Sup 1,033.06 INVOICE: A42226X10
144669 05/06/26 146589 84709 P 07/02/26 1003258 52133 PWFacPSC-Safety Equip/Sup 132.00 INVOICE: A42226X11
144670 05/06/26 146590 84709 P 07/02/26 1003251 52133 PWFacCHAnnex-Safety Equip 116.44 INVOICE: A42226X12
144671 05/06/26 146591 84709 P 07/02/26 1003253 52133 PWFSAirpor-Safety Equip/S 102.00 INVOICE: A42226X13
144672 05/06/26 146592 84709 P 07/02/26 6023601 52133 Airport-Safety Equip/Supp 722.50 INVOICE: A42226X14
144673 05/06/26 146593 84709 P 07/02/26 1003264 52133 Safety Equipment/Supplies 196.00 INVOICE: A42226X15
144674 05/06/26 146594 84709 P 07/02/26 1003252 52133 PWFacFS2-Safety Equip/Sup 110.00 INVOICE: A42226X16
144675 05/06/26 146595 84709 P 07/02/26 1003259 52133 PWFacSenCSafety Equip/Sup 935.00 INVOICE: A42226X17
144676 05/06/26 146596 84709 P 07/02/26 1003260 52133 PWFacVetCSafety Equip/Sup 935.00 INVOICE: A42226X18
144677 05/06/26 146597 84709 P 07/02/26 1003266 52133 Safety Equipment/Supplies 258.00 INVOICE: A42226X19
VENDOR TOTALS .00 YTD INVOICED 8,725.01 YTD PAID 8,725.01 93272 JEFFREY DEPETRO
144723 07/02/26 146643 84710 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 408.70 INVOICE: 26.07
VENDOR TOTALS 408.70 YTD INVOICED 408.70 YTD PAID 408.70 90023 CINDY DUFF
144724 07/02/26 146644 84711 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 81869 KELLY DUNHAM
144725 07/02/26 146645 84712 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 13 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 92938 ELITE MAINTENANCE & TREE SERVICE
144610 05/31/26 146530 84713 P 07/02/26 6023601 52220 Airport-Maintenance-Gen R 2,175.00 INVOICE: 09204837
144611 05/09/26 146531 84713 P 07/02/26 3085102 52220 Maintenance-General R&M 330.00 INVOICE: 09204775
144614 05/31/26 146534 84713 P 07/02/26 3085052 52220 Maintenance-General R&M 520.00 INVOICE: 09204848
144615 05/31/26 146535 84713 P 07/02/26 3085067 52220 Maintenance-General R&M 1,105.00 INVOICE: 09204902
144616 05/31/26 146536 84713 P 07/02/26 3085052 52220 Maintenance-General R&M 130.00 INVOICE: 09204851
144616 05/31/26 146536 84713 P 07/02/26 3085072B 52220 Maintenance-General R&M 390.00 INVOICE: 09204851
144616 05/31/26 146536 84713 P 07/02/26 3085036A 52220 Maintenance-General R&M 260.00 INVOICE: 09204851
144616 05/31/26 146536 84713 P 07/02/26 3085036B 52220 Maintenance-General R&M 195.00 INVOICE: 09204851
VENDOR TOTALS .00 YTD INVOICED 5,105.00 YTD PAID 5,105.00 4217 KEN ELLSTROM
144726 07/02/26 146646 84714 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 83173 LAURIE ENGSTROM
144727 07/02/26 146647 84715 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 1127 ED ESCOBAR
144728 07/02/26 146648 84716 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 1356 EVANTEC CORPORATION
144456 06/09/26 146372 84717 P 07/02/26 6016102 52140 SwrTrtmnt-Laboratory Supp 318.38 INVOICE: 202600534
VENDOR TOTALS .00 YTD INVOICED 318.38 YTD PAID 318.38
2464 JOHN FALKENSTIEN
144729 07/02/26 146649 84718 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 14 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 83174 DENNIS FANSLER
144730 07/02/26 146650 84719 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 173 FARM SUPPLY CO
144422 06/05/26 146337 84720 P 07/02/26 1004302 52220 CityPark-Maint-General R& 48.62 INVOICE: 315091
144423 06/09/26 146338 84720 P 07/02/26 1004306 52220 NeighbPrks-Maintenance-Ge 88.95 INVOICE: 315287
144459 06/02/26 146375 84720 P 07/02/26 6006002 52220 WtrTrtmnt-Maint-General R 20.91 INVOICE: 314806
144468 06/12/26 146384 84720 P 07/02/26 6006002 52220 WtrTrtmnt-Maint-General R 41.83 INVOICE: 315454
144509 06/15/26 146425 84720 P 07/02/26 1019101 54520 PW014 CapEx-ImprvmntsOthThBldgs 868.71 INVOICE: 315640
144510 06/16/26 146426 84720 P 07/02/26 1019101 54520 PW014 CapEx-ImprvmntsOthThBldgs 57.90 INVOICE: 315689
144562 06/17/26 146480 84720 P 07/02/26 1004306 52220 NeighbPrks-Maintenance-Ge 119.14 INVOICE: 315761
VENDOR TOTALS .00 YTD INVOICED 1,246.06 YTD PAID 1,246.06 85364 FERGUSON ENTERPRISES INC #1350
144455 06/03/26 146371 84721 P 07/02/26 6016101 52220 SewerColl-Maint-General R 549.30 INVOICE: 6731921
VENDOR TOTALS .00 YTD INVOICED 549.30 YTD PAID 549.30
418 FLO SYSTEMS INC
144416 06/01/26 146331 84722 P 07/02/26 6016101 52220 SewerColl-Maint-General R 372.40 INVOICE: F20030-26X065-1
VENDOR TOTALS .00 YTD INVOICED 372.40 YTD PAID 372.40
922 ED GALLAGHER
144731 07/02/26 146651 84723 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 149 THE GAS COMPANY
144810 06/15/26 146730 84638 M 07/02/26 1001410 52161 ASAdmin-Utilities-Gas 179.40 INVOICE: 26.06
144810 06/15/26 146730 84638 M 07/02/26 6023601 52161 Airport-Utilities-Gas 153.07 INVOICE: 26.06
144810 06/15/26 146730 84638 M 07/02/26 1003257 52161 PWFacLibCHUtilities-Gas 645.15

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 15 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION INVOICE: 26.06
144810 06/15/26 146730 84638 M 07/02/26 1253120 52161 FleetMaint-Utilities-Gas 74.26 INVOICE: 26.06
144810 06/15/26 146730 84638 M 07/02/26 1004306 52161 NeighbPrks-Utilities-Gas 37.13 INVOICE: 26.06
144810 06/15/26 146730 84638 M 07/02/26 1003257 52161 PWFacLibCHUtilities-Gas 37.12 INVOICE: 26.06
144810 06/15/26 146730 84638 M 07/02/26 1003255 52161 PWFacMuniPool-Utilities-G 854.15 INVOICE: 26.06
144810 06/15/26 146730 84638 M 07/02/26 1003258 52161 PWFacPSC-Utilities-Gas 1,465.65 INVOICE: 26.06
144810 06/15/26 146730 84638 M 07/02/26 1003300 52161 StMaint-Utilities-Gas 19.16 INVOICE: 26.06
144810 06/15/26 146730 84638 M 07/02/26 1003302 52161 StTrees-Utilities-Gas 9.58 INVOICE: 26.06
144810 06/15/26 146730 84638 M 07/02/26 1003304 52161 DrngMaint-Utilities-Gas 9.57 INVOICE: 26.06
144810 06/15/26 146730 84638 M 07/02/26 1003261 52161 PWFacTransit-Utilities-Ga 60.59 INVOICE: 26.06
144810 06/15/26 146730 84638 M 07/02/26 6006001 52161 WtrProd-Utilities-Gas 71.22 INVOICE: 26.06
144810 06/15/26 146730 84638 M 07/02/26 6016102 52161 SwrTrtmnt-Utilities-Gas 4,259.37 INVOICE: 26.06
144810 06/15/26 146730 84638 M 07/02/26 6016101 52161 SewerColl-Utilities-Gas 82.79 INVOICE: 26.06
VENDOR TOTALS .00 YTD INVOICED 7,958.21 YTD PAID 7,958.21 91330 GLENN'S REPAIR & RENTAL
144442 06/16/26 146358 84724 P 07/02/26 6023601 52134 Airport-Small Tools 152.18 INVOICE: 2014
VENDOR TOTALS .00 YTD INVOICED 152.18 YTD PAID 152.18
89852 CLAIRE GLENNON
144732 07/02/26 146652 84725 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 40 CHARLOTTE GORTON
144733 07/02/26 146653 84726 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 240 GRAINGER INC
144417 06/02/26 146332 84727 P 07/02/26 6016102 52220 SwrTrtmnt-Maintenance-Gen 322.96 INVOICE: 9936496570

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 16 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION VENDOR TOTALS .00 YTD INVOICED 322.96 YTD PAID 322.96
1549 GREAT WESTERN ALARM
144645 06/01/26 146565 84728 P 07/02/26 1003266 52215 PWFacMaintCenPW Service A 180.00 INVOICE: 260500830101
144646 06/01/26 146566 84728 P 07/02/26 1003257 52215 PWFacLibCHPW Service Agrm 65.00 INVOICE: 260500346101
144647 06/01/26 146567 84728 P 07/02/26 6023601 52215 Airport-Maint PW Serv Agr 35.00 INVOICE: 260500410101
144648 06/01/26 146568 84728 P 07/02/26 1003259 52215 PWFacSenCtr-PW Service Ag 30.00 INVOICE: 260500553101
144648 06/01/26 146568 84728 P 07/02/26 1003260 52215 PWFacVetCtrPW Service Agr 30.00 INVOICE: 260500553101
144649 06/01/26 146569 84728 P 07/02/26 6023601 52215 Airport-Maint PW Serv Agr 30.00 INVOICE: 260501144101
144650 06/01/26 146570 84728 P 07/02/26 1003257 52215 PWFacLibCHPW Service Agrm 30.00 INVOICE: 260501146101
144651 06/01/26 146571 84728 P 07/02/26 1003257 52215 PWFacLibCHPW Service Agrm 30.00 INVOICE: 260501168101
144652 06/01/26 146572 84728 P 07/02/26 1003258 52215 PWFacPSC-PW Service Agrmt 50.00 INVOICE: 260500695101
144653 06/01/26 146573 84728 P 07/02/26 6023601 52215 Airport-Maint PW Serv Agr 85.00 INVOICE: 260504640101
144654 06/01/26 146574 84728 P 07/02/26 1003258 52215 PWFacPSC-PW Service Agrmt 35.00 INVOICE: 260503146101
144655 06/01/26 146575 84728 P 07/02/26 1003251 52215 PWFacCHMaint-PW Service A 85.00 INVOICE: 260504227101
144656 06/01/26 146576 84728 P 07/02/26 1003251 52215 PWFacCHMaint-PW Service A 55.00 INVOICE: 260504639101
VENDOR TOTALS .00 YTD INVOICED 740.00 YTD PAID 740.00
5234 MELISSA GREEN
144386 04/08/26 146300 84729 P 07/02/26 1003115 52260 PWAdmin-Travel and Traini 521.58 INVOICE: TMA 27-005
VENDOR TOTALS 521.58 YTD INVOICED 521.58 YTD PAID 521.58 665 DONALD GROVE
144734 07/02/26 146654 84730 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 91454 PATTI GWATHMEY
144735 07/02/26 146655 84731 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 373.90 INVOICE: 26.07
VENDOR TOTALS 373.90 YTD INVOICED 373.90 YTD PAID 373.90

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 17 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION 4399 HAAKER EQUIPMENT CO
144551 06/11/26 146469 84732 P 07/02/26 6016101 52220 SewerColl-Maint-General R 2,357.55 INVOICE: INV39488
VENDOR TOTALS .00 YTD INVOICED 2,357.55 YTD PAID 2,357.55 785 HACH CO
144454 06/03/26 146370 84733 P 07/02/26 6016102 52140 SwrTrtmnt-Laboratory Supp 572.78 INVOICE: 15029078
VENDOR TOTALS .00 YTD INVOICED 572.78 YTD PAID 572.78
4149 DAN HACKETT
144736 07/02/26 146656 84734 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 319.60 INVOICE: 26.07
VENDOR TOTALS 319.60 YTD INVOICED 319.60 YTD PAID 319.60 90200 KIM HAINES
144737 07/02/26 146657 84735 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 4368 HAMNER, JEWELL & ASSOCIATES
144582 02/24/26 146500 84736 P 07/02/26 1007102 52242 CDDEng-Ext Plan Check Ser 1,481.28 INVOICE: 205374
144583 03/16/26 146501 84736 P 07/02/26 1007102 52242 CDDEng-Ext Plan Check Ser 337.50 INVOICE: 205436
VENDOR TOTALS .00 YTD INVOICED 1,818.78 YTD PAID 1,818.78 3936 DOUGLAS HARRIS
144738 07/02/26 146658 84737 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 463.00 INVOICE: 26.07
VENDOR TOTALS 463.00 YTD INVOICED 463.00 YTD PAID 463.00 91873 DARYL HARTMAN
144739 07/02/26 146659 84738 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 86965 JENNIFER SMITH
144495 06/08/26 146411 84739 P 07/02/26 1002110 52120 PDPtrlOps-Office Expense 105.09 INVOICE: 61001
VENDOR TOTALS .00 YTD INVOICED 105.09 YTD PAID 105.09
973 CHRISTINA HATCH

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 18 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION 144740 07/02/26 146660 84740 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 1478 WADE HATCH
144741 07/02/26 146661 84741 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 91763 MARC HAZUKA
144606 06/17/26 146526 84742 P 07/02/26 6006001 52263 WtrProd-Boot & Tool Allow 300.89 INVOICE: WR26UTIL-123
VENDOR TOTALS .00 YTD INVOICED 300.89 YTD PAID 300.89
90415 MICHAEL HENDRY
144742 07/02/26 146662 84743 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 1005 RON HODEL
144743 07/02/26 146663 84744 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 3640 EMMET HOEY
144602 06/24/26 146521 84745 P 07/02/26 1002230 52265 ESEmrRsps-TuitionReimburs 1,243.82 INVOICE: WR26AS-113
VENDOR TOTALS .00 YTD INVOICED 1,243.82 YTD PAID 1,243.82 81920 JERRY HUNTER
144744 07/02/26 146664 84746 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 4261 IANNETTA FAMILY TRUST
144812 07/02/26 146732 84868 P 07/02/26 1004311 52145 ParksAdmin-Rents&Leases-S 15,300.00 INVOICE: WR27AS-003
VENDOR TOTALS 15,300.00 YTD INVOICED 15,300.00 YTD PAID 15,300.00 673 RICKY INCE
144745 07/02/26 146665 84747 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 19 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 5203 INSOURCE SOFTWARE SOLUTIONS INC
144488 06/10/26 146404 260374 84748 P 07/02/26 1126102 52205 SwrTrtmnt-MaintAnnualCont 600.00 INVOICE: INV107196
VENDOR TOTALS 600.00 YTD INVOICED 600.00 YTD PAID 600.00 90355 INTERWEST CONSULTING GROUP INC.
144518 04/16/26 146436 260079 84749 P 07/02/26 1007151 52242 CDBldg-Ext Plan Check Ser 2,951.50 INVOICE: 3570721
144587 06/19/26 146505 260079 84749 P 07/02/26 1007151 52242 CDBldg-Ext Plan Check Ser 2,080.50 INVOICE: 3937971
144588 04/30/26 146506 260079 84749 P 07/02/26 1007151 52242 CDBldg-Ext Plan Check Ser 5,183.00 INVOICE: 3738991
VENDOR TOTALS .00 YTD INVOICED 10,215.00 YTD PAID 10,215.00 54 J. B. DEWAR, INC
144393 05/26/26 146307 84750 P 07/02/26 1003300 52132 StMaint-Fuel and Oil 63.13 INVOICE: 471866
144394 06/04/26 146308 84750 P 07/02/26 6016101 52132 SewerColl-Fuel and Oil 127.36 INVOICE: 473620
VENDOR TOTALS .00 YTD INVOICED 190.49 YTD PAID 190.49
2428 VICKY JEFFCOACH
144746 07/02/26 146666 84751 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 89622 JoANN HEAD LAND SURVEYING
144539 05/13/26 146457 260296 84752 P 07/02/26 1007102 52242 CDDEng-Ext Plan Check Ser 660.00 INVOICE: 858
144540 05/13/26 146458 260296 84752 P 07/02/26 1007102 52242 CDDEng-Ext Plan Check Ser 1,760.00 INVOICE: 859
144541 05/13/26 146459 260296 84752 P 07/02/26 1007102 52242 CDDEng-Ext Plan Check Ser 1,650.00 INVOICE: 862
144542 05/13/26 146460 260296 84752 P 07/02/26 1007102 52242 CDDEng-Ext Plan Check Ser 440.00 INVOICE: 863
144543 05/13/26 146461 260296 84752 P 07/02/26 1007102 52242 CDDEng-Ext Plan Check Ser 330.00 INVOICE: 864
144590 05/13/26 146508 260296 84752 P 07/02/26 1007102 52242 CDDEng-Ext Plan Check Ser 550.00 INVOICE: 861
VENDOR TOTALS .00 YTD INVOICED 5,390.00 YTD PAID 5,390.00 87024 KEN JOHNSON
144747 07/02/26 146667 84753 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 20 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 4202 TERRY JOHNSON
144748 07/02/26 146668 84754 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 2068 NICK KAMP
144749 07/02/26 146669 84755 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 319.60 INVOICE: 26.07
VENDOR TOTALS 319.60 YTD INVOICED 319.60 YTD PAID 319.60 666 WALTER KAUHN
144750 07/02/26 146670 84756 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 178 KEY TERMITE & PEST CONTROL
144619 06/03/26 146539 84757 P 07/02/26 1003264 52215 PWFacMaintFS3-Maint-PWSvc 110.00 INVOICE: 396991
144620 05/15/26 146540 84757 P 07/02/26 1003258 52215 PWFacPSC-PW Service Agrmt 135.00 INVOICE: 393979
144621 05/15/26 146541 84757 P 07/02/26 1003261 52215 PWFacTransit-PW Service A 60.00 INVOICE: 393959
144622 04/22/26 146542 84757 P 07/02/26 1003259 52215 PWFacSenCtr-PW Service Ag 72.00 INVOICE: 392053
144623 03/20/26 146543 84757 P 07/02/26 1003266 52215 PWFacMaintCenPW Service A 124.00 INVOICE: 390127
144624 02/19/26 146544 84757 P 07/02/26 1003266 52215 PWFacMaintCenPW Service A 124.00 INVOICE: 388282
VENDOR TOTALS .00 YTD INVOICED 625.00 YTD PAID 625.00
89779 CLARENCE ROY KNICKMAN
144751 07/02/26 146671 84758 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 89818 KEN KNOTT
144752 07/02/26 146672 84759 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 82931 KRITZ EXCAVATING & TRUCKING

Page 137 of 904 ends

City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 21 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION 144419 06/08/26 146334 84760 P 07/02/26 1019101 54520 PW014 CapEx-ImprvmntsOthThBldgs 1,627.06 INVOICE: 08206
144420 06/08/26 146335 84760 P 07/02/26 1019101 54520 PW014 CapEx-ImprvmntsOthThBldgs 1,641.88 INVOICE: 08204
144457 05/27/26 146373 84760 P 07/02/26 6006001 52220 WtrProd-Maintenance-Gen R 1,858.42 INVOICE: 54837
VENDOR TOTALS .00 YTD INVOICED 5,127.36 YTD PAID 5,127.36 2363 DAN LAMBERT
144753 07/02/26 146673 84761 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 92642 LANDSCAPE STRUCTURES
144617 05/27/26 146537 84762 P 07/02/26 1003200 52220 PWPksFacMaintMaint-Genera 1,500.43 INVOICE: INV-180445
VENDOR TOTALS .00 YTD INVOICED 1,500.43 YTD PAID 1,500.43 3623 MICHAEL LARSEN
144754 07/02/26 146674 84763 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 350.00 INVOICE: 26.07
VENDOR TOTALS 350.00 YTD INVOICED 350.00 YTD PAID 350.00 89 ROBERT LATA
144755 07/02/26 146675 84764 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 667 LONNIE LATHROP
144756 07/02/26 146676 84765 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 87793 TY LEWIS
144757 07/02/26 146677 84766 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 373.90 INVOICE: 26.07
VENDOR TOTALS 373.90 YTD INVOICED 373.90 YTD PAID 373.90 4245 LIEBERT,CASSIDY & WHITMORE
144603 05/31/26 146522 84767 P 07/02/26 1001420 52240 HR-Professional Services 332.50 INVOICE: 325719
VENDOR TOTALS .00 YTD INVOICED 332.50 YTD PAID 332.50

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 22 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION 2586 LINDE GAS & EQUIPMENT INC.
144678 05/21/26 146598 84768 P 07/02/26 1003255 52150 PWFacMuniPoolChemical Sup 269.22 INVOICE: 56803263
VENDOR TOTALS .00 YTD INVOICED 269.22 YTD PAID 269.22
242 MIKE MAASER
144758 07/02/26 146678 84769 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 373.90 INVOICE: 26.07
VENDOR TOTALS 373.90 YTD INVOICED 373.90 YTD PAID 373.90 89400 MARBORG INDUSTRIES
144411 05/24/26 146326 84770 P 07/02/26 6023601 52225 Airport-Equipment Rental 161.21 INVOICE: 6852163
144412 05/25/26 146327 84770 P 07/02/26 6023601 52225 Airport-Equipment Rental 86.25 INVOICE: 6852964
VENDOR TOTALS .00 YTD INVOICED 247.46 YTD PAID 247.46
4190 DAVID MC CUE
144759 07/02/26 146679 84771 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 319.60 INVOICE: 26.07
VENDOR TOTALS 319.60 YTD INVOICED 319.60 YTD PAID 319.60 89239 MED-STOPS MEDICAL CLINIC INC
144545 06/19/26 146463 84772 P 07/02/26 1001420 52271 HR-Medical Expense 165.00 INVOICE: 3712
144545 06/19/26 146463 84772 P 07/02/26 1001420 52137 HR-Staff Recruitment 648.00 INVOICE: 3712
VENDOR TOTALS .00 YTD INVOICED 813.00 YTD PAID 813.00
5026 ALOHAT LLC
144498 06/10/26 146414 84773 P 07/02/26 1002110 52133 PDPtrlOps-SafetyEquip/Sup 1,850.00 INVOICE: 2145596
VENDOR TOTALS .00 YTD INVOICED 1,850.00 YTD PAID 1,850.00 3474 MIKE KRAUS LEADERSHIP
144563 06/23/26 146481 84774 P 07/02/26 1002250 52240 ESAdmin-Professional Serv 1,305.79 INVOICE: 2127
VENDOR TOTALS .00 YTD INVOICED 1,305.79 YTD PAID 1,305.79 101 TERRY MINSHULL
144760 07/02/26 146680 84775 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 150.00 INVOICE: 26.07

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 23 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION VENDOR TOTALS 150.00 YTD INVOICED 150.00 YTD PAID 150.00 3541 MNS ENGINEERS, INC
144525 06/11/26 146443 84776 P 07/02/26 1007102 52242 CDDEng-Ext Plan Check Ser 1,400.00 INVOICE: 26060793
144533 06/12/26 146451 84776 P 07/02/26 1007102 52242 CDDEng-Ext Plan Check Ser 1,600.00 INVOICE: 26060834
144534 06/12/26 146452 84776 P 07/02/26 1007102 52242 CDDEng-Ext Plan Check Ser 770.00 INVOICE: 26060835
VENDOR TOTALS .00 YTD INVOICED 3,770.00 YTD PAID 3,770.00 91947 MODESTO SANTANDER
144642 05/31/26 146562 84777 P 07/02/26 1003200 52243 PWPksFacMainCustodial Ser 750.00 INVOICE: 949
144642 05/31/26 146562 84777 P 07/02/26 1003261 52243 PWFacTransitCustodial Ser 128.00 INVOICE: 949
VENDOR TOTALS .00 YTD INVOICED 878.00 YTD PAID 878.00
82059 ED MOLDREM
144761 07/02/26 146681 84778 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 547 DOUG MONN
144762 07/02/26 146682 84779 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 3607 DOLORES M. MORA
144763 07/02/26 146683 84780 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 2155 LORI MORGAN
144764 07/02/26 146684 84781 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 91567 ROBERT MORROW
144765 07/02/26 146685 84782 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 319.60 INVOICE: 26.07
VENDOR TOTALS 319.60 YTD INVOICED 319.60 YTD PAID 319.60

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 24 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION 87520 MOTOROLA SOLUTIONS, INC.
144521 06/10/26 146439 84783 P 07/02/26 1002110 52120 PDPtrlOps-Office Expense 4,792.31 INVOICE: 8282346531
144591 05/22/26 146510 84783 P 07/02/26 1002100 52205 PDAdmin-Maint-Annual Cont 9,004.50 INVOICE: 1411252592
VENDOR TOTALS 9,004.50 YTD INVOICED 13,796.81 YTD PAID 13,796.81 88406 TIMOTHY MURPHY
144766 07/02/26 146686 84784 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 1569 BARBARA NAFTEL
144767 07/02/26 146687 84785 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 377 JOHN NELSON
144768 07/02/26 146688 84786 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 50.00 INVOICE: 26.07
VENDOR TOTALS 50.00 YTD INVOICED 50.00 YTD PAID 50.00
3920 NEW TIMES
144460 06/11/26 146376 84787 P 07/02/26 1019101 54520 C0243 CapEx-ImprvOthThBldgs 248.00 INVOICE: 393827
144529 05/28/26 146447 84787 P 07/02/26 1007101 52246 CDDPlng-OtherExternal Ser 124.00 INVOICE: 393329
VENDOR TOTALS .00 YTD INVOICED 372.00 YTD PAID 372.00
108 NORTH COAST ENGINEERING
144511 05/31/26 146429 84788 P 07/02/26 1019101 54520 C0059 CapProj-Improvements NonB 1,153.63 INVOICE: 46132
144524 10/31/25 146442 84788 P 07/02/26 1007101 52242 CDDPlngExtPlan Check Serv 420.00 INVOICE: 45829
144527 11/30/25 146445 84788 P 07/02/26 1007102 52242 CDDEng-Ext Plan Check Ser 157.50 INVOICE: 45869
144528 11/30/25 146446 84788 P 07/02/26 1007101 52242 CDDPlngExtPlan Check Serv 210.00 INVOICE: 45872
144536 02/28/26 146454 84788 P 07/02/26 1007102 52240 CDEng-Professional Servic 9,250.00 INVOICE: 45999
144564 04/30/26 146482 84788 P 07/02/26 1007102 52242 CDDEng-Ext Plan Check Ser 605.00 INVOICE: 46078
144565 04/30/26 146483 84788 P 07/02/26 1007102 52242 CDDEng-Ext Plan Check Ser 825.00 INVOICE: 46077
144566 04/30/26 146484 84788 P 07/02/26 1007102 52242 CDDEng-Ext Plan Check Ser 330.00 INVOICE: 46076

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 25 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION 144567 04/30/26 146485 84788 P 07/02/26 1007102 52242 CDDEng-Ext Plan Check Ser 110.00 INVOICE: 46075
144568 10/31/25 146486 84788 P 07/02/26 1007101 52242 CDDPlngExtPlan Check Serv 210.00 INVOICE: 45828
144569 10/31/25 146487 84788 P 07/02/26 1007101 52242 CDDPlngExtPlan Check Serv 105.00 INVOICE: 45825
144571 10/31/25 146489 84788 P 07/02/26 1007101 52242 CDDPlngExtPlan Check Serv 525.00 INVOICE: 45823
144572 10/31/25 146490 84788 P 07/02/26 1007101 52242 CDDPlngExtPlan Check Serv 105.00 INVOICE: 45824
144573 10/31/25 146491 84788 P 07/02/26 1007101 52242 CDDPlngExtPlan Check Serv 262.50 INVOICE: 45827
VENDOR TOTALS .00 YTD INVOICED 14,268.63 YTD PAID 14,268.63 3654 JUDY O'NEAL
144770 07/02/26 146690 84789 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 2604 MICHAEL J. OBERNDORFER
144769 07/02/26 146689 84790 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 373.90 INVOICE: 26.07
VENDOR TOTALS 373.90 YTD INVOICED 373.90 YTD PAID 373.90 4818 ONESOURCE DISTRIBUTORS LLC
144409 06/03/26 146324 84791 P 07/02/26 6023601 52220 Airport-Maintenance-Gen R 4.01 INVOICE: S008332048.001
144410 06/04/26 146325 84791 P 07/02/26 6023601 52220 Airport-Maintenance-Gen R 55.44 INVOICE: S008333439.001
144444 06/10/26 146360 84791 P 07/02/26 6023601 52220 Airport-Maintenance-Gen R 101.10 INVOICE: S008340736.001
VENDOR TOTALS .00 YTD INVOICED 160.55 YTD PAID 160.55
2746 DAVID OPFERMAN
144771 07/02/26 146691 84792 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 89840 DAVID OPHEIM
144772 07/02/26 146692 84793 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 408.70 INVOICE: 26.07
VENDOR TOTALS 408.70 YTD INVOICED 408.70 YTD PAID 408.70 3599 OSG BILLING SERVICES
144691 05/31/26 146611 260003 84794 P 07/02/26 6001501 52122 UBWtr-Copy-Printing 5,845.41

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 26 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION INVOICE: 496247
144691 05/31/26 146611 260003 84794 P 07/02/26 6011502 52122 UBSewer-Copy-Printing 5,845.41 INVOICE: 496247
VENDOR TOTALS .00 YTD INVOICED 11,690.82 YTD PAID 11,690.82 112 ROGER OXBORROW
144773 07/02/26 146693 84795 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 81882 PHYLLIS PASCALE
144774 07/02/26 146694 84796 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 51 PASO PRINTERS
144500 06/02/26 146416 84797 P 07/02/26 1001311 52120 CivicEngage-Office Expens 95.70 INVOICE: 5257
VENDOR TOTALS .00 YTD INVOICED 95.70 YTD PAID 95.70
2938 PASO ROBLES ROLL-OFF INC
144549 06/15/26 146467 84798 P 07/02/26 6016101 52165 SewerColl-Utilities-Sanit 586.86 INVOICE: 3040923
144558 06/09/26 146476 84798 P 07/02/26 6016102 52165 SwrTrtmnt-Utilities-Sanit 280.85 INVOICE: 3040797
144635 04/29/26 146555 84798 P 07/02/26 1019101 54520 C0099 CapEx-Imprvmnt Other Than 617.88 INVOICE: 3015414
144636 04/30/26 146556 84798 P 07/02/26 1019101 54520 C0099 CapEx-Imprvmnt Other Than 617.88 INVOICE: 3015440
144643 06/04/26 146563 84798 P 07/02/26 1003250 52165 PWFacMaintUtilities-Sanit 280.85 INVOICE: 3040691
VENDOR TOTALS .00 YTD INVOICED 2,384.32 YTD PAID 2,384.32 123 PASO ROBLES WASTE & RECYCLE
144530 06/18/26 146448 84799 P 07/02/26 1003304 52350 DrngMaint-Special Project 172.75 INVOICE: 3041009
VENDOR TOTALS .00 YTD INVOICED 172.75 YTD PAID 172.75
88968 PAVEMENT ENGINEERING, INC
144461 06/05/26 146377 84800 P 07/02/26 2279101 54520 C0244 CapEx-ImprvmntsOthThBldgs 1,200.00 INVOICE: 2605-008
144462 06/05/26 146378 84800 P 07/02/26 1019101 54520 C0248 Imprvmnts Other Than Buil 2,227.50 INVOICE: 2605-007
144463 06/05/26 146379 84800 P 07/02/26 1019101 54520 C0221 CapEx-ImprvmntsOthThBldgs 1,433.75 INVOICE: 2605-006

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 27 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION 144464 06/05/26 146380 84800 P 07/02/26 1019101 54520 C0243 CapEx-ImprvOthThBldgs 4,185.00 INVOICE: 2605-005
VENDOR TOTALS .00 YTD INVOICED 9,046.25 YTD PAID 9,046.25 83523 STEVEN PERKINS
144775 07/02/26 146695 84801 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 1443 PFM ASSET MANAGEMENT LLC
144581 06/15/26 146499 84802 P 07/02/26 4111402 52240 Treasury ManagemeProf Ser 8,410.29 INVOICE: 15295685
VENDOR TOTALS .00 YTD INVOICED 8,410.29 YTD PAID 8,410.29 88980 POLYDYNE, INC
144415 06/02/26 146330 84803 P 07/02/26 6016102 52150 SwrTrtmnt-Chemical Suppli 4,486.49 INVOICE: 2034010
VENDOR TOTALS .00 YTD INVOICED 4,486.49 YTD PAID 4,486.49 2183 JOHN T. PRICKETT
144776 07/02/26 146696 84804 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 88941 PRO FORCE LAW ENFORCEMENT
144497 06/04/26 146413 84805 P 07/02/26 1002110 52133 PDPtrlOps-SafetyEquip/Sup 1,897.69 INVOICE: 603173
VENDOR TOTALS .00 YTD INVOICED 1,897.69 YTD PAID 1,897.69 610 PRW STEEL SUPPLY
144451 06/16/26 146367 84806 P 07/02/26 1019101 54510 ES020 CapEx-Buildings 266.44 INVOICE: 455210
144576 06/10/26 146494 84806 P 07/02/26 6016102 52220 SwrTrtmnt-Maintenance-Gen 54.32 INVOICE: 455041
144607 06/12/26 146527 84806 P 07/02/26 6006001 52220 WtrProd-Maintenance-Gen R 57.28 INVOICE: 455115
144608 06/15/26 146528 84806 P 07/02/26 6006002 52220 WtrTrtmnt-Maint-General R 1,424.35 INVOICE: 455170
144609 06/16/26 146529 84806 P 07/02/26 6006001 52226 WtrProd-Maintenance-Vehic 199.01 INVOICE: 455211
VENDOR TOTALS .00 YTD INVOICED 2,001.40 YTD PAID 2,001.40 1111 QUINN COMPANY
144575 06/16/26 146493 84807 P 07/02/26 6016101 52133 SewerColl-Safety Equip/Su 85.85

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 28 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION INVOICE: PC930021151
VENDOR TOTALS .00 YTD INVOICED 85.85 YTD PAID 85.85
5154 RAFTELIS FINANCIAL CONSULTANTS, INC
144397 06/11/26 146311 260268 84808 P 07/02/26 1003115 52240 PWAdmin-Professional Serv 25,375.00 INVOICE: 46383
VENDOR TOTALS .00 YTD INVOICED 25,375.00 YTD PAID 25,375.00 89785 CRAIG RAMBO
144777 07/02/26 146697 84809 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 463.00 INVOICE: 26.07
VENDOR TOTALS 463.00 YTD INVOICED 463.00 YTD PAID 463.00 415 JOE RAMIREZ
144778 07/02/26 146698 84810 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 319.60 INVOICE: 26.07
VENDOR TOTALS 319.60 YTD INVOICED 319.60 YTD PAID 319.60 85143 RECOGNITION WORKS
144501 06/02/26 146417 84811 P 07/02/26 1001560 52120 NonDept-Office Expense 21.21 INVOICE: 485864
VENDOR TOTALS .00 YTD INVOICED 21.21 YTD PAID 21.21
4456 TOD REHNER
144779 07/02/26 146699 84812 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 347.99 INVOICE: 26.07
VENDOR TOTALS 347.99 YTD INVOICED 347.99 YTD PAID 347.99 3560 REPUBLIC ELEVATOR CO.
144657 06/01/26 146577 84813 P 07/02/26 1003258 52215 PWFacPSC-PW Service Agrmt 187.75 INVOICE: 4607472792
144658 06/01/26 146578 84813 P 07/02/26 1003257 52215 PWFacLibCHPW Service Agrm 160.01 INVOICE: 4607472793
VENDOR TOTALS .00 YTD INVOICED 347.76 YTD PAID 347.76
5151 ROB REYNOLDS CONSTRUCTION
144595 06/11/26 146514 260214 84814 P 07/02/26 1019101 54520 C0099 CapEx-Imprvmnt Other Than 79,736.61 INVOICE: 24-01A.06
VENDOR TOTALS .00 YTD INVOICED 79,736.61 YTD PAID 79,736.61 318 ANN ROBB
144780 07/02/26 146700 84815 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 29 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 2576 SUZANNE ROBITAILLE
144781 07/02/26 146701 84816 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 463.00 INVOICE: 26.07
VENDOR TOTALS 463.00 YTD INVOICED 463.00 YTD PAID 463.00 135 ROBERT ROGERS
144782 07/02/26 146702 84817 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 319.60 INVOICE: 26.07
VENDOR TOTALS 319.60 YTD INVOICED 319.60 YTD PAID 319.60 88392 KENN ROTH
144783 07/02/26 146703 84818 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 5047 AUSTIN RUCKER
144601 06/24/26 146520 84819 P 07/02/26 1002230 52265 ESEmrRsps-TuitionReimburs 1,384.83 INVOICE: WR26AS-112
VENDOR TOTALS .00 YTD INVOICED 1,384.83 YTD PAID 1,384.83 87172 ANTONIO RUIZ
144784 07/02/26 146704 84820 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 408.70 INVOICE: 26.07
VENDOR TOTALS 408.70 YTD INVOICED 408.70 YTD PAID 408.70 81924 SAN LUIS OBISPO CO. SHERIFF'S DEPT
144496 06/09/26 146412 84821 P 07/02/26 1002110 52273 PDPtrlOps-Lab Fees 395.00 INVOICE: 136-993
144520 06/09/26 146438 84821 P 07/02/26 1002110 52273 PDPtrlOps-Lab Fees 1,775.00 INVOICE: 136-1003
VENDOR TOTALS .00 YTD INVOICED 2,170.00 YTD PAID 2,170.00 89873 MARLAINE SANDERS
144785 07/02/26 146705 84822 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 1479 SCHMITZ PLUMBING INC
144546 06/12/26 146464 84823 P 07/02/26 6016102 52220 SwrTrtmnt-Maintenance-Gen 525.00 INVOICE: 1173

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 30 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION VENDOR TOTALS .00 YTD INVOICED 525.00 YTD PAID 525.00
3106 SENSATIONS APPAREL
144531 06/06/26 146449 84824 P 07/02/26 1003110 52120 E0002 CommEvnts-Office Expense 765.38 INVOICE: 33339
144594 06/16/16 146513 84824 P 07/02/26 1001420 52167 HR-Uniform/Laundry 54.59 INVOICE: 33357
144594 06/16/16 146513 84824 P 07/02/26 1121350 52167 IT-Uniform/Laundry 61.29 INVOICE: 33357
144594 06/16/16 146513 84824 P 07/02/26 1001401 52167 AcctFin-Uniform/Laundry 64.74 INVOICE: 33357
VENDOR TOTALS .00 YTD INVOICED 946.00 YTD PAID 946.00
3774 MARIE SHIELDS
144786 07/02/26 146706 84825 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 85339 MICHAEL D. TINDELL
144448 06/18/26 146364 84826 P 07/02/26 1002230 52210 ESEmrRsps-Facilities R&M 159.80 INVOICE: 008997
VENDOR TOTALS .00 YTD INVOICED 159.80 YTD PAID 159.80
1069 GARY SILVEIRA
144787 07/02/26 146707 84827 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 91555 CHRIS SLATER
144788 07/02/26 146708 84828 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 735 SLO ROASTED COFFEE
144561 06/18/26 146479 84829 P 07/02/26 1001410 52120 ASAdmin-Office Expense 210.67 INVOICE: 177433
144561 06/18/26 146479 84829 P 07/02/26 1003115 52120 PWAdmin-Office Expense 90.29 INVOICE: 177433
VENDOR TOTALS .00 YTD INVOICED 300.96 YTD PAID 300.96
90053 SM TIRE, INC.
144537 08/20/25 146455 84830 P 07/02/26 1253120 52226 FleetMaint-Maint-Vehicles 558.51 INVOICE: 749061

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 31 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION VENDOR TOTALS .00 YTD INVOICED 558.51 YTD PAID 558.51
5092 SMITH MECHANICAL-ELECTRICAL-PLUMBING
144597 05/31/26 146516 260116 84831 P 07/02/26 1013258 52220 PW022 PSC-Maint-General R&M 43,430.21 INVOICE: 230565
VENDOR TOTALS .00 YTD INVOICED 43,430.21 YTD PAID 43,430.21 94575 SOUTHWEST VALVE LLC
144574 03/16/26 146492 84832 P 07/02/26 6016102 52220 SwrTrtmnt-Maintenance-Gen 3,090.47 INVOICE: 63345B50328
144577 06/10/26 146495 84832 P 07/02/26 6016102 52220 SwrTrtmnt-Maintenance-Gen 1,695.36 INVOICE: 68568B54510
VENDOR TOTALS .00 YTD INVOICED 4,785.83 YTD PAID 4,785.83 4365 SOV SECURITY AND ARCHERS LOCK & SECURITY
144494 04/14/26 146410 84833 P 07/02/26 1002100 52205 PDAdmin-Maint-Annual Cont 2,418.00 INVOICE: 916064
VENDOR TOTALS .00 YTD INVOICED 2,418.00 YTD PAID 2,418.00 1722 STANTEC
144598 06/18/26 146517 260218 84834 P 07/02/26 1019101 54520 C0138 CapEx-OtherImprvmnts 34,841.00 INVOICE: 2578545
144599 06/18/26 146518 250209 84834 P 07/02/26 1019101 54520 X0006 CapEx-Imprvmnt Other Than 13,142.50 INVOICE: 2578524
144600 06/19/26 146519 250028 84834 P 07/02/26 1019101 54520 C0138 CapEx-OtherImprvmnts 46,756.00 INVOICE: 2578481
VENDOR TOTALS .00 YTD INVOICED 94,739.50 YTD PAID 94,739.50 492 SWRCB - OFFICE OF OPERATOR CERTIFICATION
144402 06/16/26 146316 84835 P 07/02/26 6016102 52126 SwrTrtmnt-Computer Softwa 274.00 INVOICE: WR26UTIL-122
VENDOR TOTALS .00 YTD INVOICED 274.00 YTD PAID 274.00
201 PAM STEWART
144789 07/02/26 146709 84836 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 92002 SWCA ENVIRONMENTAL
144418 06/11/26 146333 84837 P 07/02/26 1003100 52240 PWEngCapEx-Professional S 1,828.50 INVOICE: 247347
144544 06/11/26 146462 240196 84837 P 07/02/26 406 23046 CustDep-Planning Proj Dep 607.75 INVOICE: 247326

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 32 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION VENDOR TOTALS .00 YTD INVOICED 2,436.25 YTD PAID 2,436.25 94066 TARGETSOLUTIONS LEARNING
144387 07/01/26 146301 84838 P 07/02/26 1002230 52205 ESEmrRsps-MaintAnnualCont 4,298.40 INVOICE: 141663
144485 07/01/26 146401 84838 P 07/02/26 1002230 52205 ESEmrRsps-MaintAnnualCont 4,298.40 INVOICE: INV141663
VENDOR TOTALS 8,596.80 YTD INVOICED 8,596.80 YTD PAID 8,596.80 82041 JON TATRO
144790 07/02/26 146710 84839 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 4789 JESUS BELTRAN FLORES
144400 06/01/26 146314 260055 84840 P 07/02/26 1002109 52274 PDCAT-Hazardous Waste Dis 2,753.00 INVOICE: INV0835
VENDOR TOTALS .00 YTD INVOICED 2,753.00 YTD PAID 2,753.00 91633 DAVID TICE
144791 07/02/26 146711 84841 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 86876 KRIS TOGNAZZINI
144792 07/02/26 146712 84842 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 408.70 INVOICE: 26.07
VENDOR TOTALS 408.70 YTD INVOICED 408.70 YTD PAID 408.70 414 DAVID TORRES
144793 07/02/26 146713 84843 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 5242 TPL PLANTSCAPES, LLC
144491 05/31/26 146407 84844 P 07/02/26 1002100 52120 PDAdmin-Office Expense 45.00 INVOICE: 27172
144491 05/31/26 146407 84844 P 07/02/26 1002230 52120 ESEmrRsps-Office Expense 30.00 INVOICE: 27172
VENDOR TOTALS .00 YTD INVOICED 75.00 YTD PAID 75.00
84028 DARIN TRAVERSO, R.C.E.
144585 06/04/26 146503 260077 84845 P 07/02/26 1007151 52242 CDBldg-Ext Plan Check Ser 486.25

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City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 33 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION INVOICE: PR-297
144586 05/18/26 146504 260077 84845 P 07/02/26 1007151 52242 CDBldg-Ext Plan Check Ser 778.00 INVOICE: PR-295
VENDOR TOTALS .00 YTD INVOICED 1,264.25 YTD PAID 1,264.25 4689 TRIPLE J GREASE REMOVAL & JETTING INC
144638 06/02/26 146558 84846 P 07/02/26 1003259 52215 PWFacSenCtr-PW Service Ag 450.00 INVOICE: 283278
144639 06/02/26 146559 84846 P 07/02/26 1003260 52215 PWFacVetCtrPW Service Agr 450.00 INVOICE: 283264
VENDOR TOTALS .00 YTD INVOICED 900.00 YTD PAID 900.00
4739 SOCIETY CUISINE LLC
144592 06/16/26 146511 84847 P 07/02/26 1001100 52120 CC-Office Expense 358.88 INVOICE: 3149
VENDOR TOTALS .00 YTD INVOICED 358.88 YTD PAID 358.88
86114 UNIQUE MANAGEMENT SERVICES,INC
144413 06/01/26 146328 84848 P 07/02/26 1004102 52142 LibCircReg-Processing Fee 197.00 INVOICE: 6160308
144685 05/01/26 146605 84848 P 07/02/26 1004102 52142 LibCircReg-Processing Fee 187.15 INVOICE: 6159215
VENDOR TOTALS .00 YTD INVOICED 384.15 YTD PAID 384.15
87946 UNITED STAFFING ASSOCIATES
144388 06/17/26 146302 84849 P 07/02/26 1004205 51240 SnrCtzn-Temp Agency Servi 1,793.68 INVOICE: 269251
144389 06/17/26 146303 84849 P 07/02/26 1004203 51240 AdmnCentPk-Temp Agency Sv 1,084.67 INVOICE: 269250
144390 06/12/26 146304 84849 P 07/02/26 1001300 51240 CMO-Temp Agency Services 755.29 INVOICE: 268955
144391 06/17/26 146305 84849 P 07/02/26 1004105 51240 LibAdminTemp Agency Svcs 976.95 INVOICE: 269252
144613 06/03/26 146533 84849 P 07/02/26 1003302 51240 StTrees-Temp Agency Servi 2,669.51 INVOICE: 268526
144684 06/24/26 146604 84849 P 07/02/26 1004105 51240 LibAdminTemp Agency Svcs 1,079.55 INVOICE: 269538
VENDOR TOTALS .00 YTD INVOICED 8,359.65 YTD PAID 8,359.65 87698 UNIVAR SOLUTIONS USA INC
144465 06/01/26 146381 84850 P 07/02/26 6006001 52150 WtrProd-Chemical Supplies 1,856.12 INVOICE: 53927995
144466 06/01/26 146382 84850 P 07/02/26 6006001 52150 WtrProd-Chemical Supplies 1,470.60 INVOICE: 53927994
144481 05/18/26 146397 84850 P 07/02/26 6006001 52150 WtrProd-Chemical Supplies 2,218.80 INVOICE: 53895870

Page 150 of 904 ends

City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 34 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION 144811 05/05/26 146731 84850 P 07/02/26 6006002 52150 WtrTrtmnt-Chemical Suppli 25,173.60 INVOICE: 53873617
VENDOR TOTALS .00 YTD INVOICED 30,719.12 YTD PAID 30,719.12 3388 HD SUPPLY FACILITIES MAINTENANCE LTD
144473 06/01/26 146389 84851 P 07/02/26 6006002 52140 WtrTrtmnt-Laboratory Supp 1,525.63 INVOICE: INV01062302
VENDOR TOTALS .00 YTD INVOICED 1,525.63 YTD PAID 1,525.63 1006 WALTER USSERY
144794 07/02/26 146714 84852 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 210.90 INVOICE: 26.07
VENDOR TOTALS 210.90 YTD INVOICED 210.90 YTD PAID 210.90 5125 VANIR CONSTRUCTION MANAGEMENT INC
144471 06/11/26 146387 260161 84853 P 07/02/26 1019101 54520 C0231 CapEx-ImprvmntsOthThBldgs 7,647.50 INVOICE: 183584
VENDOR TOTALS .00 YTD INVOICED 7,647.50 YTD PAID 7,647.50 92947 THERESA VARIANO
144795 07/02/26 146715 84854 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 2184 ROBERT VELASQUEZ
144796 07/02/26 146716 84855 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 157 VESTIS SERVICES LLC
144405 06/05/26 146320 84856 P 07/02/26 1004311 52167 ParksAdmin-Uniform/Laundr 218.67 INVOICE: 2580714106
144406 06/12/26 146321 84856 P 07/02/26 1004311 52167 ParksAdmin-Uniform/Laundr 256.29 INVOICE: 2580716644
144489 06/05/26 146405 84856 P 07/02/26 1002110 52167 PDPtrlOps-Uniform/Laundry 80.35 INVOICE: 2580714128
144490 06/12/26 146406 84856 P 07/02/26 1002110 52167 PDPtrlOps-Uniform/Laundry 80.35 INVOICE: 2580716662
VENDOR TOTALS .00 YTD INVOICED 635.66 YTD PAID 635.66
81931 VIBORG SAND & GRAVEL, INC
144532 06/17/26 146450 84857 P 07/02/26 1003300 52220 StMaint-Maint-General R&M 817.04 INVOICE: 54954

Page 151 of 904 ends

City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 35 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION VENDOR TOTALS .00 YTD INVOICED 817.04 YTD PAID 817.04
4554 VINEYARD MECHANICAL SERVICES
144637 05/27/26 146557 84858 P 07/02/26 1003252 52220 PWFacFS2-General R&M 583.84 INVOICE: 8144
VENDOR TOTALS .00 YTD INVOICED 583.84 YTD PAID 583.84
553 WALLACE GROUP
144499 06/16/26 146415 84859 P 07/02/26 1019101 54520 C0084 CapEx-Imprvmnt Other Than 3,207.00 INVOICE: 68002
144538 02/24/26 146456 84859 P 07/02/26 1007102 52242 CDDEng-Ext Plan Check Ser 105.00 INVOICE: 67134
VENDOR TOTALS .00 YTD INVOICED 3,312.00 YTD PAID 3,312.00 81943 CLINT WENTER
144797 07/02/26 146717 84860 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 690 WESTERN JANITOR SUPPLY, INC
144618 03/10/26 146538 84861 P 07/02/26 1003258 52151 PWFacPSC-Janitorial Suppl 176.11 INVOICE: 229097
VENDOR TOTALS .00 YTD INVOICED 176.11 YTD PAID 176.11
820 LOIS WILLIAMS
144798 07/02/26 146718 84862 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 156 SHARON WILLIAMS
144799 07/02/26 146719 84863 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 655 MEG WILLIAMSON
144800 07/02/26 146720 84864 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 410.90 INVOICE: 26.07
VENDOR TOTALS 410.90 YTD INVOICED 410.90 YTD PAID 410.90 4138 WM. B WITTMEYER
144801 07/02/26 146721 84865 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07

Page 152 of 904 ends

City of Paso Robles, CA - Prod

PAID INVOICES REPORT
Report generated: 07/02/2026 12:32
User: KGularte
Program ID: appdwarr

Page 36 ends

WARRANT #:070226 TO FISCAL 2027/01 07/01/2026 TO 06/30/2027

VENDOR NAME

DOCUMENT INV DATE VOUCHER PO CHECK NO T CHK DATE GL ACCOUNT GL ACCOUNT DESCRIPTION VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 88378 GAIL WOLFF
144802 07/02/26 146722 84866 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 860 MATTHEW WORLEY
144803 07/02/26 146723 84867 P 07/02/26 404 14010 PostEmpBen-DueFrmOthr Age 500.00 INVOICE: 26.07
VENDOR TOTALS 500.00 YTD INVOICED 500.00 YTD PAID 500.00 REPORT TOTALS 4,106,793.09

COUNT AMOUNT
TOTAL PRINTED CHECKS 230 4,098,834.88
TOTAL MANUAL CHECKS 1 7,958.21
** END OF REPORT - Generated by Karen Gularte **

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City of Paso Robles, CA - Prod

A/P CASH DISBURSEMENTS JOURNAL
Report generated: 06/18/2026 11:00
User: NCarranza
Program ID: apcshdsb

Page 1 ends

CASH ACCOUNT: 999 10100 GLCntrl-Warrant Acct-PPB
CHECK NO CHK DATE TYPE VENDOR NAME VOUCHER INVOICE INV DATE PO WARRANT # NET

DOCUMENT INVOICE DTL DESC
83397 05/01/2026 VOID 3156 THE ED JONES CO., IN 143995 61061 04/16/2026 -2,358.13 142154
Invoice: 61061 BADGE
-2,358.13 1002110 52167 PDPtrlOps-Uniform/Laundry
143996 61062 04/16/2026 -953.25
142155
Invoice: 61062 BADGE
-953.25 1002110 52167 PDPtrlOps-Uniform/Laundry
CHECK 83397 TOTAL: -3,311.38
84274 06/05/2026 VOID 88941 PRO FORCE LAW ENFORC 145458 601103 05/05/2026 -306.95 143584
Invoice: 601103 SUPPLIES
-306.95 1002110 52133 PDPtrlOps-SafetyEquip/Supplies
CHECK 84274 TOTAL: -306.95
84425 06/12/2026 VOID 4194 ON DUTY HEALTH, PLLC 145872 1371 02/11/2026 -3,672.00 143986
Invoice: 1371 NEW HIRE ASSESSMENT
-3,672.00 1002250 52240 ESAdmin-Professional Services
145873 1429 05/07/2026 260332 -36,752.00
143987
Invoice: 1429 FIREFIGHTER HEALTH & FITNESS ASSESSMENTS
-36,752.00 1002230 52271 ESEmrRsps-Medical Expense
145884 2015 05/21/2026 260319 -38,975.00
143998
Invoice: 2015 SILVER PACKAGE HEALTH SCREENING FOR 50
-38,975.00 1002100 52271 PDAdmin-Medical Expense
CHECK 84425 TOTAL: -79,399.00
NUMBER OF CHECKS 3 *** CASH ACCOUNT TOTAL *** -83,017.33

COUNT AMOUNT
TOTAL VOIDED CHECKS 3 83,017.33
*** GRAND TOTAL *** -83,017.33

Page 154 of 904 ends

Council Agenda Report
From: Catherine Piatti, Finance Manager
Ryan Cornell, Administrative Services Director/City Treasurer Subject: Receipt of Treasurer’s Report – April 2026
CEQA Determination: The city finds that this action is not a project under the California Environmental Quality Act pursuant to State Guidelines Section State CEQA Guidelines, §§ 15060, subd. (c)(2)-(3), 15378.

Date: July 21, 2026
Facts

1. The City has a fiduciary responsibility to maximize the productive use of its assets entrusted to its care and to manage those public funds wisely and prudently. To achieve this responsibility, the City has an adopted Investment Policy to guide the investment of idle City funds.

2. California Government Code Sections 41004 and 53607 require the City to report certain investment and financial activity each month. As a result, this report presents the fund balances, receipts, and disbursements for the City’s operating cash, investment portfolio, and restricted investments for the month of April 2026. Total investment portfolio assets are shown in the attachment and reflect all investments under the care and control of the city.

3. The investment portfolio contains three components: liquidity funds, short-term and long-term portfolios. The liquidity funds are monies that are generally available to the City with little-to-no notice and include funds held in the Local Agency Investment Fund (LAIF), money markets, and California Asset Management Program (CAMP). The short-term portfolio is made up of fixed income securities that mature in less than one year and the long-term portfolio is made up of fixed income securities whose maturities are greater than one year, but less than five years.

4. PFM Asset Management LLC provides advisory services to the City for the short-term and long-term portfolios; liquidity funds are managed by the Administrative Services Director/City Treasurer.

5. The investment portfolio complies with all State laws and Council policy and provides sufficient liquidity to meet the City’s needs over the next six months.

Options

1. Take no action.

2. Receive and file the Treasurer’s Report for the month of April 2026.

3. Provide alternative direction to staff.

Analysis and Conclusions
Government Code Section 53607 requires the city to report on investment activity monthly. Additionally, Government Code Section 41004 requires that the City Treasurer submit to the City Clerk and the legislative body a written report and accounting of all receipts, disbursements, and fund balances. As a result, this report presents the fund balances, receipts, and disbursements for the City’s operating cash, investment portfolio, and restricted investments for the month of April 2026. Total investment portfolio

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assets are shown in the attachment and reflect all investments under the care and control of the city. In an effort to provide greater transparency relating to adherence to the City’s adopted investment policy, the attached report reflects the categories of investment instruments currently held, the maximum percentage of portfolio the policy allows for each instrument, where applicable, and the current percentage of portfolio held in each category.

It should be noted that in December 2025, the City Council authorized the issuance of bonds related to the Olsen-South Chandler Ranch development. These funds are currently held by the City until developer reimbursements are made. As such, these funds will be included in the restricted investments table below.

The City’s total investment funds on hand as of April 30, 2026, are shown below. The City Treasurer has certified that all City investments provide sufficient liquidity to meet the City’s cash flow requirements for the next six months and follow all State and Council laws and policies.

Fiscal Impact
None
CEQA
The city finds that this action is not a project under the California Environmental Quality Act pursuant to State Guidelines Section State CEQA Guidelines, §§ 15060, subd. (c)(2)-(3), 15378.

Recommendation
Receive and file the Monthly Treasurer’s Report for April 2026.

Attachments

1. April 2026 Treasurer’s Report
As of 4/30/26
Investments
Beginning
Fund
Balance
Receipts Disbursements
Ending
Fund
Balance
Market
Value
Operating Cash $1,221,632 $16,983,406 $15,055,645 $3,149,394 $3,149,394 Liquidity 33,419,386 4,379,271 6,200,000 31,598,657 31,598,657 Short / Long Term 138,448,995 1,357,986 1,425,025 138,381,956 139,599,145 Total Investments 173,090,014 22,720,663 22,680,670 173,130,007 174,347,196 As of 4/30/26
Restricted
Investments
Beginning
Fund
Balance
Receipts Disbursements Ending Fund
Balance
Market
Value
Section 115 Trust 11,799,559 15,401 2,516 11,812,444 13,168,419 OPEB Trust 11,951,954 931,529 54,442 12,829,042 12,829,042 Bond Trust 1,455,736 4,379 - 1,460,115 1,460,115
CFD Bonds 10,112,888 26,892 3,543,825 6,595,955 6,595,955 Total Restricted $35,320,137 $978,201 $3,600,782 $32,697,556 $34,053,531

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Fund Name Face Amount/Shares Market Value Book Value % of Portfolio YTM @ Cost Days To Maturity Asset-Backed Securities 20% 583,692.26 580,791.31 580,760.91 0.34 4.31 209 CD | Negotiable 30% 800,000.00 802,602.56 800,000.00 0.47 5.08 78 Corporate Notes 30% 33,234,000.00 33,094,304.93 32,863,420.85 19.33 4.44 1,175 LGIP | Fixed Asset 13,448,852.60 13,448,852.60 13,448,852.60 7.91 4.27 19 LGIP | LAIF 15,617,297.22 15,617,297.22 15,617,297.22 9.19 3.81 1 LGIP | Liquid Asset 15,981,360.09 15,981,360.09 15,981,360.09 9.40 3.78 1 Money Market Funds 20% 21,473.50 21,473.50 21,473.50 0.01 3.29 1 Municipal Bonds | Other 25% 330,000.00 330,461.77 330,000.00 0.19 4.21 1,797 US Treasury 91,809,000.00 91,320,658.30 90,352,483.23 53.15 3.96 959 Total / Average 171,825,675.67 171,197,802.28 169,995,648.40 100.00 4.05 743 This report presents the City’s investment portfolio as of April 30, 2026. Total portfolio assets are shown in the chart below and reflects all investments under the care and control of the City. It does not include funds held by in trust on behalf of the City; i.e. bond reserve funds, deferred compensation plans, Section 115 Trust plan and other post-retirement benefit funds.

The portfolio contains three components; liquidity funds, short-term and long-term portfolios. The liquidity fund are monies that are generally available to the City with little or no notice. Liquidity funds include Local Agency Investment Fund (LAIF), money market and California Asset Management Program (CAMP). The short-term portfolio is made up of fixed income securities that mature in less than one (1) year and the long-term portfolio is made up of fixed income securities whose maturities are greater than one (1) year and less than five (5) years.

PFM Asset Management LLC (PFM) provides advisory services to the City for the short-term and long-term portfolios. All PFM trades must be approved in advance by the Treasurer. Liquidity funds are managed by the Treasurer.

The investment portfolio is in compliance with all State laws and provides sufficient liquidity to meet the City's needs over the next six months.

Total Funds on hand at April 30, 2026 included the following and are listed be type:

CITY OF PASO ROBLES

MONTHLY TREASURERS REPORT
APRIL 30, 2026
1 Attachment 1

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Month Market Value Book Value Unrealized Gain/Loss YTM @ Cost YTM @ Market Duration Days To Maturity 5/31/2025 170,244,687.73 168,770,291.11 1,474,396.62 3.95 4.13 1.79 706 6/30/2025 170,638,901.83 168,481,390.41 2,157,511.42 4.00 4.01 1.87 732 7/31/2025 160,659,212.81 158,917,218.91 1,741,993.90 4.02 4.12 1.97 773 8/31/2025 156,652,753.61 154,044,115.29 2,608,638.32 4.04 3.88 2.01 785 9/30/2025 157,762,535.97 155,259,744.11 2,502,791.86 4.02 3.84 2.07 809 10/31/2025 158,930,019.76 156,401,192.70 2,528,827.06 4.07 3.84 2.04 800 11/30/2025 162,822,271.29 159,951,252.48 2,871,018.81 4.07 3.76 1.98 776 12/31/2025 161,172,387.55 158,429,631.79 2,742,755.76 4.08 3.74 2.02 791 1/31/2026 168,005,771.51 165,455,117.24 2,550,654.27 4.07 3.78 1.91 749 2/28/2026 172,712,329.67 169,604,157.14 3,108,172.53 4.05 3.67 1.87 733 3/31/2026 173,248,615.28 171,883,027.61 1,365,587.67 4.05 3.96 1.92 754 4/30/2026 171,197,802.28 169,995,648.40 1,202,153.88 4.05 3.99 1.89 743 Total / Average 165,337,274.11 163,099,398.93 2,237,875.18 4.04 3.89 1.94 762 Market Value / Book Value Comparison
Begin Date: 5/31/2025, End Date: 4/30/2026 Report Group | Investment Policy Compliance Portfolio Summary by Month
City of Paso Robles
2 Attachment 1

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Main Fund Allocation
Main Fund
Book Value
3/31/2026
% of Portfolio
3/31/2026
Book Value
4/30/2026
% of Portfolio
4/30/2026
Asset-Backed Securities 20% 581,594.75 0.34 580,760.91 0.34 CD | Negotiable 30% 800,000.00 0.47 800,000.00 0.47
Corporate Notes 30% 32,414,383.85 18.86 32,863,420.85 19.33 LGIP | Fixed Asset 13,448,852.60 7.82 13,448,852.60 7.91 LGIP | LAIF 20,480,755.93 11.92 15,617,297.22 9.19
LGIP | Liquid Asset 12,938,630.51 7.53 15,981,360.09 9.40 Money Market Funds 20% 262,209.55 0.15 21,473.50 0.01
US Treasury 90,956,600.42 52.92 90,352,483.23 53.15
Municipal Bonds | Other 25% 0.00 0.00 330,000.00 0.19
Total / Average 171,883,027.61 100.00 169,995,648.40 100.00 Portfolio Holdings as of 3/31/2026 Portfolio Holdings as of 4/30/2026 Begin Date: 3/31/2026, End Date: 4/30/2026 Report Group | Investment Policy Compliance Distribution by Main Fund - Book Value
City of Paso Robles
3 Attachment 1

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Main Fund Allocation
Main Fund
Market Value
3/31/2026
% of Portfolio
3/31/2026
Market Value
4/30/2026
% of Portfolio
4/30/2026
Asset-Backed Securities 20% 581,818.76 0.34 580,791.31 0.34 CD | Negotiable 30% 803,549.04 0.46 802,602.56 0.47
Corporate Notes 30% 32,674,799.30 18.86 33,094,304.93 19.33 LGIP | Fixed Asset 13,448,852.60 7.76 13,448,852.60 7.86 LGIP | LAIF 20,480,755.93 11.82 15,617,297.22 9.12
LGIP | Liquid Asset 12,938,630.51 7.47 15,981,360.09 9.34 Money Market Funds 20% 262,209.55 0.15 21,473.50 0.01
US Treasury 92,057,999.59 53.14 91,320,658.30 53.34
Municipal Bonds | Other 25% 0.00 0.00 330,461.77 0.19
Total / Average 173,248,615.28 100.00 171,197,802.28 100.00 Portfolio Holdings as of 3/31/2026 Portfolio Holdings as of 4/30/2026 Begin Date: 3/31/2026, End Date: 4/30/2026 Report Group | Investment Policy Compliance Distribution by Main Fund - Market Value
City of Paso Robles
4 Attachment 1

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Buy Transactions
Buy 4/24/2026 912797SN8 330,000.00 T-Bill 0 4/30/2026 99.94 329,803.82 0.00 3.62 329,803.82 Buy 4/30/2026 931142FT5 450,000.00 WALMART INC 4.15 4/30/2031-31 99.79 449,037.00 0.00 4.20 449,037.00 Buy 4/30/2026 419792S23 330,000.00 HAWAII-TXBL-GP 4.212 4/1/2031-31 100.00 330,000.00 0.00 4.21 330,000.00 Subtotal 1,110,000.00 1,108,840.82 0.00 1,108,840.82
Deposit 4/1/2026 MM9730 115.38 Zions Bank MM 100.00 115.38 0.00 0.00 115.38 Deposit 4/14/2026 LAIF0271 150,541.29 LAIF LGIP 100.00 150,541.29 0.00 0.00 150,541.29 Deposit 4/30/2026 CAMP1001 42,729.58 CAMP LGIP 100.00 42,729.58 0.00 0.00 42,729.58 Deposit 4/30/2026 CAMP1001 3,000,000.00 CAMP LGIP 100.00 3,000,000.00 0.00 0.00 3,000,000.00 Deposit 4/30/2026 MM9730 21,473.50 Zions Bank MM 100.00 21,473.50 0.00 0.00 21,473.50 Subtotal 3,214,859.75 3,214,859.75 0.00 3,214,859.75
Total Buy Transactions 4,324,859.75 4,323,700.57 0.00 4,323,700.57 Interest/Dividends
Interest 4/1/2026 3137BTUMI 0.00 FHLMC MBS 3.347 11/25/2026 0.00 1,631.53 0.00 1,631.53 Interest 4/1/2026 MM9730 0.00 Zions Bank MM 0.00 115.38 0.00 115.38 Interest 4/4/2026 00724PAF6 0.00 Adobe Inc 4.8 4/4/2029-29 0.00 20,280.00 0.00 20,280.00 Interest 4/14/2026 LAIF0271 0.00 LAIF LGIP 0.00 150,541.29 0.00 150,541.29 Interest 4/22/2026 46647PEG7 0.00 JPMorgan Chase & Co 5.581 4/22/2030 0.00 11,859.63 0.00 11,859.63 Interest 4/25/2026 69353RFG8 0.00 PNC Bank NA 3.1 10/25/2027 0.00 11,392.50 0.00 11,392.50 Interest 4/30/2026 91282CHA2 0.00 T-Note 3.5 4/30/2028 0.00 8,487.50 0.00 8,487.50 Interest 4/30/2026 912828ZN3 0.00 T-Note 0.5 4/30/2027 0.00 1,525.00 0.00 1,525.00 Interest 4/30/2026 91282CMZ1 0.00 T-Note 3.875 4/30/2030 0.00 27,706.25 0.00 27,706.25 Interest 4/30/2026 91282CKP5 0.00 T-Note 4.625 4/30/2029 0.00 23,934.38 0.00 23,934.38 Interest 4/30/2026 91282CJF9 0.00 T-Note 4.875 10/31/2028 0.00 56,671.88 0.00 56,671.88 Interest 4/30/2026 91282CAU5 0.00 T-Note 0.5 10/31/2027 0.00 5,425.00 0.00 5,425.00 Interest 4/30/2026 91282CLR0 0.00 T-Note 4.125 10/31/2029 0.00 26,296.88 0.00 26,296.88 Interest 4/30/2026 91282CBZ3 0.00 T-Note 1.25 4/30/2028 0.00 11,656.25 0.00 11,656.25 Interest 4/30/2026 CAMP1001 0.00 CAMP LGIP 0.00 42,729.58 0.00 42,729.58 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 3/31/2026, End Date: 4/30/2026 Report Group | Investment Policy Compliance Transaction Summary by Action
City of Paso Robles
5 Attachment 1

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Interest 4/30/2026 91282CEN7 0.00 T-Note 2.75 4/30/2027 0.00 17,668.75 0.00 17,668.75 Subtotal 0.00 0.00 417,921.80 417,921.80
Total Interest/Dividends 0.00 0.00 417,921.80 417,921.80 Sell Transactions
Matured 4/30/2026 912797SN8 330,000.00 T-Bill 0 4/30/2026 0.00 330,000.00 0.00 0.00 330,000.00 Subtotal 330,000.00 330,000.00 0.00 330,000.00
Principal Pay Down 4/27/2026 3137BTUMI 1,261.85 FHLMC MBS 3.347 11/25/2026 0.00 1,261.85 0.00 0.00 1,261.85 Subtotal 1,261.85 1,261.85 0.00 1,261.85
Sell 4/24/2026 91282CQD6 335,000.00 T-Note 3.5 2/28/2031 0.00 329,373.05 1,752.38 0.00 331,125.43 Sell 4/30/2026 91282CLP4 275,000.00 T-Note 3.5 9/30/2026 0.00 274,742.19 788.93 0.00 275,531.12 Subtotal 610,000.00 604,115.24 2,541.31 606,656.55
Withdraw 4/2/2026 MM9730 115.38 Zions Bank MM 0.00 115.38 0.00 0.00 115.38 Withdraw 4/30/2026 LAIF0271 5,014,000.00 LAIF LGIP 0.00 5,014,000.00 0.00 0.00 5,014,000.00 Withdraw 4/30/2026 MM9730 262,209.55 Zions Bank MM 0.00 262,209.55 0.00 0.00 262,209.55 Subtotal 5,276,324.93 5,276,324.93 0.00 5,276,324.93
Total Sell Transactions 6,217,586.78 6,211,702.02 2,541.31 6,214,243.33 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 3/31/2026, End Date: 4/30/2026 Report Group | Investment Policy Compliance Transaction Summary by Action
City of Paso Robles
6 Attachment 1

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Asset-Backed Securities 20%
3137BTUMI
FHLMC MBS 3.347 11/25/2026
583,692.26
5/24/2023

4.31 580,760.91
565,725.49 99.50

3.92 1,573.75
580,791.31

30.40 0.34%
S&P-AA+
Moodys-Aaa

0.49 209
209

0.49 0.34%

30.40 580,791.31

3.92 1,573.75
565,725.49
Sub Total Asset-Backed Securities 20% 583,692.26 4.31 580,760.91 CD | Negotiable 30%
21684LGS5
Cooperatieve Centrale 5.08 7/17/2026
800,000.00
7/20/2023

5.08 800,000.00
800,000.00 100.33

3.52 11,288.89
802,602.56
2,602.56

0.47%
FDIC Insured
FDIC Insured

0.22 78
78 0.22

0.47%
2,602.56
802,602.56

3.52 11,288.89
800,000.00
Sub Total CD | Negotiable 30% 800,000.00 5.08 800,000.00 Corporate Notes 30%
00724PAF6
Adobe Inc 4.8 4/4/2029-29
465,000.00
4/4/2024

4.83 464,307.15
464,307.15 101.39

4.29 1,612.00
471,483.75
7,176.60

0.27%
S&P-A+
Moodys-A1

2.76 1039
00724PAF6
Adobe Inc 4.8 4/4/2029-29
380,000.00
4/5/2024

4.77 380,501.60
380,501.60 101.39

4.29 1,317.33
385,298.55
4,796.95

0.22%
S&P-A+
Moodys-A1

2.76 1039
02079KBJ5
Alphabet Inc 3.7 2/15/2029-29
610,000.00
2/13/2026

3.74 609,377.80
609,377.80 98.82

4.15 4,827.47
602,817.83
-6,559.97

0.36%
S&P-AA+
Moodys-Aa2

2.66 991
02079KBJ5
Alphabet Inc 3.7 2/15/2029-29
95,000.00
2/13/2026

3.83 94,655.15
94,655.15 98.82

4.15 751.82
93,881.47
-773.68

0.06%
S&P-AA+
Moodys-Aa2

2.66 991
02079KBJ5
Alphabet Inc 3.7 2/15/2029-29
100,000.00
2/13/2026

3.74 99,901.00
99,901.00 98.82

4.15 791.39
98,822.60
-1,078.40

0.06%
S&P-AA+
Moodys-Aa2

2.66 991
02079KBJ5
Alphabet Inc 3.7 2/15/2029-29
100,000.00
2/13/2026

3.74 99,893.00
99,893.00 98.82

4.15 791.39
98,822.60
-1,070.40

0.06%
S&P-AA+
Moodys-Aa2

2.66 991
02079KBK2
ALPHABET INC 4.1 2/15/2031-31
965,000.00
3/4/2026

4.07 966,215.90
966,215.90 98.78

4.38 8,462.51
953,240.75
-12,975.15

0.57%
S&P-AA+
Moodys-Aa2

4.36 1721
023135DD5
AMAZON.COM 4.25 3/13/2031-31
1,510,000.00
3/25/2026

4.49 1,494,265.80
1,494,265.80 99.01

4.48 8,378.40
1,495,000.45
734.65

0.88%
S&P-AA
Moodys-A1

4.42 1750
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 4/30/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
7 Attachment 1

Page 163 of 904 ends

023135BC9
Amazon.Com INC 3.15 8/22/2027
370,000.00
11/3/2022

4.81 343,863.20
343,863.20 98.88

4.03 2,201.50
365,848.57
21,985.37

0.2%
S&P-AA
Moodys-A1

1.29 479
037833DU1
Apple INC 1.65 5/11/2030-30
650,000.00
7/2/2025

4.18 578,253.00
578,253.00 90.74

4.17 5,034.79
589,822.64
11,569.64

0.34%
S&P-AA+
Moodys-Aaa

3.88 1442
06051GMK2
Bank of America Corp 4.979 1/24/2029
470,000.00
4/2/2025

4.66 475,207.60
475,207.60 100.80

4.66 6,240.35
473,779.46
-1,428.14

0.28%
S&P-AMoodys-A1

2.56 1000
06051GJS9
Bank of America Corp Var. Corp 7/22/2027 -
26 495,000.00
8/4/2022

1.73 446,381.10
446,381.10 99.41

1.73 2,331.17
492,074.71
45,693.61

0.26%
S&P-AMoodys-A2
0 83
06406RAB3
Bank of NY Mellon Corp 3.442 2/7/2028-27
1,750,000.00
8/7/2024

4.33 1,700,195.00
1,700,195.00 99.43

3.77 13,887.51
1,740,081.44
39,886.44
1%
S&P-A
Moodys-A1

1.72 283
09290DAA9
Blackrock Funding INC 4.7 3/14/2029-29
105,000.00
3/14/2024

4.74 104,809.95
104,809.95 101.46

4.16 630.58
106,529.09
1,719.14

0.06%
S&P-AAMoodys-Aa3

2.71 1021
14913UBH2
Caterpillar Financial Service 4.15 1/8/2031-
30 135,000.00
1/8/2026

4.16 134,951.40
134,951.40 99.07

4.37 1,743.00
133,743.69
-1,207.71

0.08%
S&P-A
Moodys-A2

4.25 1683
14913UBH2
Caterpillar Financial Service 4.15 1/8/2031-
30 484,000.00
1/8/2026

4.14 484,193.60
484,193.60 99.07

4.37 6,248.98
479,495.88
-4,697.72

0.28%
S&P-A
Moodys-A2

4.25 1683
17275RBX9
Cisco Systems INC 4.75 2/24/2030-30
1,750,000.00
4/22/2025

4.45 1,772,610.00
1,772,610.00 101.58

4.29 15,239.58
1,777,724.99
5,114.99

1.04%
S&P-AAMoodys-A1

3.51 1365
17325FBB3
Citibank 5.803 9/29/2028-28
1,345,000.00
9/29/2023

5.80 1,345,000.00
1,345,000.00 103.61

4.21 6,721.00
1,393,555.35
48,555.35

0.79%
S&P-A+
Moodys-Aa3

2.28 852
249672AA4
DEPOSITORY TRUST COMPANY 4.55
3/27/2031-31
290,000.00
3/27/2026

4.57 289,756.40
289,756.40 100.12

4.52 1,209.54
290,337.67
581.27

0.17%
S&P-AA+
Moodys-Aa1

4.44 1764
532457CQ9
Eli Lilly & Co 4.2 8/14/2029-29
195,000.00
8/14/2024

4.25 194,572.95
194,572.95 99.92

4.23 1,729.00
194,839.42
266.47

0.11%
S&P-A+
Moodys-A1

3.08 1171
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 4/30/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
8 Attachment 1

Page 164 of 904 ends

532457CQ9
Eli Lilly & Co 4.2 8/14/2029-29
680,000.00
8/14/2024

4.17 680,992.80
680,992.80 99.92

4.23 6,029.33
679,440.01
-1,552.79

0.4%
S&P-A+
Moodys-A1

3.08 1171
38151LAG5
Goldman Sachs Bank 5.414 5/21/2027
880,000.00
5/22/2025

5.08 885,535.20
885,535.20 100.05

5.36 21,042.41
880,449.70
-5,085.50

0.52%
S&P-A+
Moodys-A1

1.02 386
427866BH0
Hershey Company 4.25 5/4/2028-28
615,000.00
5/18/2023

4.07 619,969.20
619,969.20 100.23

4.13 12,778.33
616,430.74
-3,538.46

0.36%
S&P-AA+
Moodys-Aaa

1.91 705
437076BT8
Home Depot Inc 2.8 9/14/2027-27
650,000.00
1/30/2023

4.16 613,210.00
613,210.00 98.35

4.04 2,325.56
639,296.70
26,086.70

0.36%
S&P-A
Moodys-A2

1.35 410
437076DJ8
Home Depot Inc 3.95 9/15/2030-30
50,000.00
9/15/2025

4.03 49,820.50
49,820.50 98.75

4.27 246.88
49,372.77
-447.73

0.03%
S&P-A
Moodys-A2

4.04 1568
24422EXB0
John Deere Capital 4.95 7/14/2028
125,000.00
7/14/2023

4.64 126,700.00
126,700.00 101.69

4.14 1,821.88
127,110.69
410.69

0.07%
S&P-A
Moodys-A2

2.09 806
24422EXB0
John Deere Capital 4.95 7/14/2028
290,000.00
7/14/2023

4.98 289,567.90
289,567.90 101.69

4.14 4,226.75
294,896.80
5,328.90

0.17%
S&P-A
Moodys-A2

2.09 806
24422EXB0
John Deere Capital 4.95 7/14/2028
225,000.00
7/18/2023

4.73 227,205.00
227,205.00 101.69

4.14 3,279.38
228,799.24
1,594.24

0.13%
S&P-A
Moodys-A2

2.09 806
46647PCW4
JP Morgan Chase & CO 2.947 2/24/2028-27
350,000.00
9/18/2023

5.13 320,029.50
320,029.50 98.82

3.62 1,890.99
345,868.33
25,838.83

0.19%
S&P-AMoodys-A1

1.77 300
46647PEJ1
JPMORGAN CHASE & CO 4.995 7/22/2030
995,000.00
3/18/2026

4.51 1,013,755.75
1,013,755.75 101.21

4.67 13,529.51
1,007,030.02
-6,725.73

0.6%
S&P-A
Moodys-A1

3.82 1544
46647PEG7
JPMorgan Chase & Co 5.581 4/22/2030
425,000.00
4/28/2025

4.87 438,221.75
438,221.75 102.84

4.79 527.09
437,076.18
-1,145.57

0.26%
S&P-A
Moodys-A1

3.62 1453
49177JAF9
Kenvue INC 5.05 3/22/2028-28
635,000.00
6/30/2025

4.12 649,992.35
649,992.35 101.37

4.29 3,384.90
643,712.23
-6,280.12

0.38%
S&P-A
Moodys-A1

1.82 663
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 4/30/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
9 Attachment 1

Page 165 of 904 ends

57636QAM6
Mastercard Inc 2.95 6/1/2029-29
460,000.00
6/27/2024

4.82 422,620.40
422,620.40 96.49

4.18 5,616.47
443,835.42
21,215.02

0.25%
S&P-A+
Moodys-Aa3

2.93 1097
57636QBF0
Mastercard Incorporated 4.55 3/15/2028-28
440,000.00
3/3/2025

4.26 443,586.00
443,586.00 100.81

4.10 2,502.50
443,560.59
-25.41

0.26%
S&P-A+
Moodys-Aa3

1.81 656
58933YAX3
Merck & Co INC 3.4 3/7/2029-29
645,000.00
6/30/2025

4.16 628,313.85
628,313.85 97.93

4.17 3,228.58
631,673.95
3,360.10

0.37%
S&P-A+
Moodys-Aa3

2.73 1014
61690U8B9
Morgan Stanley Bank Var. Corp 5/26/2028 -
27 375,000.00
5/30/2024

5.50 375,000.00
375,000.00 101.12

5.50 8,829.33
379,193.69
4,193.69

0.22%
S&P-A+
Moodys-Aa3
0 391
61690U8B9
Morgan Stanley Bank Var. Corp 5/26/2028 -
27 725,000.00
5/31/2024

5.50 726,529.75
726,529.75 101.12

5.50 17,070.04
733,107.81
6,578.06

0.43%
S&P-A+
Moodys-Aa3
0 391
61776NU43
Morgan Stanley Private Bank 4.213 2/8/2030
700,000.00
2/5/2026

4.20 700,245.00
700,245.00 98.91

4.53 7,208.91
692,371.18
-7,873.82

0.41%
S&P-A+
Moodys-Aa3

3.49 1380
63743HFZ0
National Rural Util Coop 4.15 8/25/2028-28
450,000.00
8/25/2025

4.19 449,496.00
449,496.00 99.53

4.36 3,371.88
447,891.54
-1,604.46

0.26%
None
Moodys-A2

2.22 817
66989HAY4
NOVARTIS CAPITAL CORP 4.1 11/5/2030-
30 1,695,000.00
11/5/2025

4.17 1,689,915.00
1,689,915.00 98.70

4.42 33,782.29
1,672,921.52
-16,993.48

0.99%
S&P-AAMoodys-Aaa

4.08 1619
69371RS56
Paccar Finanical 5.05 8/10/2026
650,000.00
8/11/2023

4.88 652,990.00
652,990.00 100.25

4.09 7,294.44
651,632.29
-1,357.71

0.38%
S&P-A+
Moodys-A1

0.28 102
713448FX1
PepsiCo INC 4.5 7/17/2029-29
565,000.00
7/17/2024

4.54 564,124.25
564,124.25 100.86

4.21 7,274.38
569,847.84
5,723.59

0.33%
S&P-A+
Moodys-A1

2.99 1144
713448GB8
PEPSICO INC 4.6 2/7/2030-30
220,000.00
2/7/2025

4.64 219,630.40
219,630.40 101.37

4.20 2,333.22
223,011.22
3,380.82

0.13%
S&P-A+
Moodys-A1

3.47 1348
713448GB8
PEPSICO INC 4.6 2/7/2030-30
565,000.00
4/30/2025

4.23 573,859.20
573,859.20 101.37

4.20 5,992.14
572,733.37
-1,125.83

0.34%
S&P-A+
Moodys-A1

3.47 1348
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 4/30/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
10 Attachment 1

Page 166 of 904 ends

69353RFG8
PNC Bank NA 3.1 10/25/2027
735,000.00
12/8/2022

4.39 693,884.10
693,884.10 98.49

4.16 316.46
723,928.89
30,044.79

0.41%
S&P-A
Moodys-A2

1.46 543
79466LAR5
SALESFORCE INC 4.65 3/15/2029-29
965,000.00
3/13/2026

4.66 964,787.70
964,787.70 100.21

4.57 5,858.35
967,006.71
2,219.01

0.57%
S&P-A+
Moodys-A2

2.71 1022
857477CN1
State Street Corp 4.53 2/20/2029-29
235,000.00
8/20/2024

4.53 235,000.00
235,000.00 100.39

4.38 2,069.96
235,908.54
908.54

0.14%
S&P-A
Moodys-A1

2.64 996
882508BJ2
Texas Instruments INC 1.75 5/4/2030-30
1,000,000.00
7/3/2025

4.28 890,590.00
890,590.00 90.56

4.34 8,555.56
905,614.89
15,024.89

0.52%
S&P-A+
Moodys-Aa3

3.85 1435
89158TAA7
Totalenergies Cap USA LLC 4.248 1/13/2031
-30
735,000.00
1/13/2026

4.20 736,734.60
736,734.60 98.96

4.50 9,280.11
727,355.42
-9,379.18

0.43%
S&P-A+
Moodys-Aa3

4.26 1688
89158TAA7
Totalenergies Cap USA LLC 4.248 1/13/2031
-30
535,000.00
1/13/2026

4.25 535,000.00
535,000.00 98.96

4.50 6,754.91
529,435.58
-5,564.42

0.31%
S&P-A+
Moodys-Aa3

4.26 1688
89236TMK8
Toyota Motor Credit Corp 4.55 8/9/2029
160,000.00
8/9/2024

4.58 159,816.00
159,816.00 100.60

4.35 1,658.22
160,964.44
1,148.44

0.09%
S&P-A+
Moodys-A1

3.05 1197
89236TMK8
Toyota Motor Credit Corp 4.55 8/9/2029
190,000.00
8/9/2024

4.64 189,219.10
189,219.10 100.60

4.35 1,969.14
191,145.27
1,926.17

0.11%
S&P-A+
Moodys-A1

3.05 1197
89236TMK8
Toyota Motor Credit Corp 4.55 8/9/2029
75,000.00
8/9/2024

4.60 74,847.75
74,847.75 100.60

4.35 777.29
75,452.08
604.33

0.04%
S&P-A+
Moodys-A1

3.05 1197
89236TLB9
Toyota Motor Credit Corp 5.25 9/11/2028
400,000.00
9/11/2023

5.29 399,304.00
399,304.00 102.30

4.22 2,858.33
409,186.98
9,882.98

0.23%
S&P-A+
Moodys-A1

2.24 865
89236TPH2
Toyota Mtr Cr Corp 4.2 1/10/2031-30
280,000.00
1/12/2026

4.21 279,913.20
279,913.20 98.82

4.48 3,528.00
276,690.72
-3,222.48

0.16%
S&P-A+
Moodys-A1

4.25 1685
92826CAZ5
VISA INC 4.1 2/12/2031-31
1,800,000.00
3/4/2026

3.91 1,815,066.00
1,815,066.00 99.72

4.17 15,990.00
1,794,873.44
-20,192.56

1.07%
S&P-AAMoodys-Aa3

4.35 1718
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 4/30/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
11 Attachment 1

Page 167 of 904 ends

931142FT5
WALMART INC 4.15 4/30/2031-31
450,000.00
4/30/2026

4.20 449,037.00
449,037.00 99.62

4.24 0.00
448,277.23
-759.77

0.26%
S&P-AA
Moodys-Aa2

4.57 1795
1114

2.9 19.27%
230,884.08
33,094,304.93

4.31 325,352.83
32,863,420.85
Sub Total Corporate Notes 30% 33,234,000.00 4.44 32,863,420.85 LGIP | Fixed Asset
CAMP05-19-26
CAMP TERM 4.27 5/19/2026
13,448,852.60
6/2/2025

4.27 13,448,852.60
13,448,852.60 100.00

4.27 522,346.07
13,448,852.60

0.00 7.91%
NR
NR

0.05 19
19 0.05

7.91%

0.00 13,448,852.60

4.27 522,346.07
13,448,852.60
Sub Total LGIP | Fixed Asset 13,448,852.60 4.27 13,448,852.60 LGIP | LAIF
LAIF0271

LAIF LGIP
15,617,297.22
12/31/2019

3.81 15,617,297.22
15,617,297.22 100.00

3.81 15,617,297.22

0.00 9.19%
NR
NR
0 1
1 0

9.19%

0.00 15,617,297.22

3.81 15,617,297.22
Sub Total LGIP | LAIF 15,617,297.22 3.81 15,617,297.22
LGIP | Liquid Asset
CAMP1001

CAMP LGIP
15,981,360.09
12/31/2019

3.78 15,981,360.09
15,981,360.09 100.00

3.78 15,981,360.09

0.00 9.4%
NR
NR
0 1
1 0

9.4%

0.00 15,981,360.09

3.78 15,981,360.09
Sub Total LGIP | Liquid Asset 15,981,360.09 3.78 15,981,360.09 Money Market Funds 20%
MM9730
Zions Bank MM
21,473.50
2/1/2020

3.29 21,473.50
21,473.50 100.00

3.29 21,473.50

0.00 0.01%
NR
NR
0 1
1 0

0.01%

0.00 21,473.50

3.29 21,473.50
Sub Total Money Market Funds 20% 21,473.50 3.29 21,473.50 Municipal Bonds | Other 25%
419792S23
HAWAII-TXBL-GP 4.212 4/1/2031-31
330,000.00
4/30/2026

4.21 330,000.00
330,000.00 100.14

4.18 0.00
330,461.77
461.77

0.19%
None
Moodys-Aa2

4.49 1766
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 4/30/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
12 Attachment 1

Page 168 of 904 ends

1766

4.49 0.19%
461.77
330,461.77

4.18 0.00
330,000.00
Sub Total Municipal Bonds | Other 25% 330,000.00 4.21 330,000.00 US Treasury
00724PAD1
Adobe Inc 2.3 2/1/2030-30
440,000.00
2/10/2026

4.13 410,740.00
410,740.00 92.28

4.56 2,501.89
406,022.39
-4,717.61

0.24%
S&P-A+
Moodys-A1

3.59 1342
91282CAU5
T-Note 0.5 10/31/2027
2,170,000.00
1/6/2023

3.91 1,847,975.39
1,847,975.39 95.14

3.87 0.00
2,064,551.56
216,576.17

1.09%
S&P-AA+
Moodys-Aaa

1.5 549
912828ZN3
T-Note 0.5 4/30/2027
610,000.00
8/4/2022

2.89 545,973.83
545,973.83 96.81

3.78 0.00
590,551.49
44,577.66

0.32%
S&P-AA+
Moodys-Aaa
1 365
912828ZV5
T-Note 0.5 6/30/2027
840,000.00
8/10/2022

2.99 745,434.38
745,434.38 96.25

3.81 1,392.27
808,532.81
63,098.43

0.44%
S&P-AA+
Moodys-Aaa

1.16 426
91282CBB6
T-Note 0.625 12/31/2027
1,900,000.00
1/25/2024

4.09 1,663,242.19
1,663,242.19 94.78

3.89 3,936.46
1,800,843.75
137,601.56

0.98%
S&P-AA
Moodys-Aaa

1.66 610
91282CCV1
T-Note 1.125 8/31/2028
1,160,000.00
11/3/2023

4.69 983,507.81
983,507.81 93.86

3.90 2,163.18
1,088,723.44
105,215.63

0.58%
S&P-AA+
Moodys-Aaa

2.31 854
91282CDQ1
T-Note 1.25 12/31/2026
1,360,000.00
2/10/2023

3.95 1,228,940.62
1,228,940.62 98.39

3.72 5,635.36
1,338,048.76
109,108.14

0.72%
S&P-AA+
Moodys-Aaa

0.67 245
91282CBZ3
T-Note 1.25 4/30/2028
1,865,000.00
1/25/2024

4.08 1,660,287.11
1,660,287.11 94.97

3.89 0.00
1,771,167.19
110,880.08

0.98%
S&P-AA
Moodys-Aaa

1.98 731
912828V98
T-Note 2.25 2/15/2027
1,155,000.00
7/7/2022

2.85 1,125,132.42
1,125,132.42 98.81

3.78 5,312.36
1,141,284.38
16,151.96

0.66%
S&P-AA+
Moodys-Aaa

0.79 291
9128282R0
T-Note 2.25 8/15/2027
2,180,000.00
9/6/2022

3.40 2,066,827.34
2,066,827.34 97.99

3.86 10,026.80
2,136,144.53
69,317.19

1.22%
S&P-AA+
Moodys-Aaa

1.28 472
91282CEN7
T-Note 2.75 4/30/2027
1,285,000.00
5/5/2023

3.50 1,249,260.94
1,249,260.94 98.99

3.79 0.00
1,271,999.41
22,738.47

0.73%
S&P-AA+
Moodys-Aaa

0.99 365
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 4/30/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
13 Attachment 1

Page 169 of 904 ends

9128284N7
T-Note 2.875 5/15/2028
1,735,000.00
1/11/2024

4.01 1,657,060.55
1,657,060.55 98.01

3.90 22,873.72
1,700,503.32
43,442.77

0.97%
S&P-AA
Moodys-Aaa

1.97 746
9128285M8
T-Note 3.125 11/15/2028
155,000.00
1/22/2026

3.64 152,880.86
152,880.86 98.12

3.91 2,221.17
152,087.70
-793.16

0.09%
S&P-AA+
Moodys-Aa1

2.43 930
91282CNY3
T-Note 3.375 9/15/2028
550,000.00
9/22/2025

3.55 547,250.00
547,250.00 98.81

3.90 2,320.31
543,468.75
-3,781.25

0.32%
S&P-AA+
Moodys-Aa1

2.29 869
91282CGH8
T-Note 3.5 1/31/2028
1,755,000.00
6/5/2023

3.76 1,735,461.91
1,735,461.91 99.35

3.89 15,101.73
1,743,551.36
8,089.45

1.02%
S&P-AA+
Moodys-Aaa

1.7 641
91282CGH8
T-Note 3.5 1/31/2028
2,555,000.00
2/8/2024

4.16 2,493,520.31
2,493,520.31 99.35

3.89 21,985.70
2,538,332.61
44,812.30

1.47%
S&P-AA+
Moodys-Aaa

1.7 641
91282CPN5
T-Note 3.5 11/30/2030
2,284,000.00
12/5/2025

3.63 2,270,974.07
2,270,974.07 97.89

4.01 33,161.92
2,235,821.88
-35,152.19

1.34%
S&P-AA+
Moodys-Aa1

4.21 1675
91282CQD6
T-Note 3.5 2/28/2031
1,655,000.00
3/16/2026

3.87 1,627,847.65
1,627,847.65 97.77

4.01 9,601.70
1,618,150.40
-9,697.25

0.96%
S&P-AA+
Moodys-Aa1

4.46 1765
91282CHA2
T-Note 3.5 4/30/2028
485,000.00
5/1/2023

3.60 482,821.29
482,821.29 99.25

3.90 0.00
481,343.56
-1,477.73

0.28%
S&P-AA+
Moodys-Aaa

1.95 731
91282CLP4
T-Note 3.5 9/30/2026
435,000.00
3/23/2026

3.77 434,388.28
434,388.28 99.90

3.73 1,247.95
434,565.00
176.72

0.26%
S&P-AA+
Moodys-Aa1

0.42 153
91282CLN9
T-Note 3.5 9/30/2029
470,000.00
10/3/2024

3.56 468,733.20
468,733.20 98.59

3.94 1,348.36
463,372.27
-5,360.93

0.28%
S&P-AA+
Moodys-Aaa

3.24 1249
91282CPR6
T-Note 3.625 12/31/2030
457,000.00
1/5/2026

3.73 454,768.55
454,768.55 98.37

4.01 5,491.57
449,538.05
-5,230.50

0.27%
S&P-AA+
Moodys-Aa1

4.28 1706
91282CGT2
T-Note 3.625 3/31/2028
1,230,000.00
5/5/2023

3.41 1,241,963.67
1,241,963.67 99.51

3.89 3,654.71
1,223,994.14
-17,969.53

0.73%
S&P-AA+
Moodys-Aaa

1.87 701
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 4/30/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
14 Attachment 1

Page 170 of 904 ends

91282CLK5
T-Note 3.625 8/31/2029
1,345,000.00
9/5/2024

3.58 1,347,784.57
1,347,784.57 99.02

3.94 8,081.88
1,331,865.24
-15,919.33

0.79%
S&P-AA+
Moodys-Aaa

3.15 1219
91282CNX5
T-Note 3.625 8/31/2030
440,000.00
9/2/2025

3.72 438,023.44
438,023.44 98.50

4.00 2,643.89
433,417.19
-4,606.25

0.26%
S&P-AA+
Moodys-Aa1

4.02 1584
91282CNX5
T-Note 3.625 8/31/2030
2,900,000.00
9/3/2025

3.74 2,884,593.75
2,884,593.75 98.50

4.00 17,425.61
2,856,613.27
-27,980.48

1.7%
S&P-AA+
Moodys-Aa1

4.02 1584
91282CPA3
T-Note 3.625 9/30/2030
970,000.00
10/2/2025

3.70 966,930.86
966,930.86 98.49

4.00 2,882.17
955,374.22
-11,556.64

0.57%
Moodys-Aa1
S&P-AA+

4.11 1614
91282CPW5
T-Note 3.75 1/31/2031
2,260,000.00
2/5/2026

3.82 2,252,672.66
2,252,672.66 98.86

4.02 20,836.33
2,234,221.88
-18,450.78

1.33%
S&P-AA+
Moodys-Aa1

4.36 1737
91282CJR3
T-Note 3.75 12/31/2028
1,680,000.00
1/11/2024

3.97 1,663,725.00
1,663,725.00 99.60

3.91 20,883.98
1,673,240.62
9,515.62

0.98%
S&P-AA
Moodys-Aaa

2.53 976
91282CND9
T-Note 3.75 5/15/2028
1,235,000.00
1/22/2026

3.61 1,238,714.65
1,238,714.65 99.72

3.89 21,237.22
1,231,574.80
-7,139.85

0.73%
S&P-AA+
Moodys-Aa1

1.95 746
91282CHF1
T-Note 3.75 5/31/2030
1,955,000.00
6/5/2025

4.00 1,933,158.98
1,933,158.98 99.13

3.98 30,412.60
1,937,893.75
4,734.77

1.14%
S&P-AA+
Moodys-Aa1

3.77 1492
91282CMZ1
T-Note 3.875 4/30/2030
625,000.00
5/1/2025

3.69 630,297.85
630,297.85 99.63

3.98 0.00
622,656.25
-7,641.60

0.37%
S&P-AA+
Moodys-Aaa

3.74 1461
91282CMZ1
T-Note 3.875 4/30/2030
805,000.00
3/20/2026

3.86 805,377.34
805,377.34 99.63

3.98 0.00
801,981.25
-3,396.09

0.47%
S&P-AA+
Moodys-Aaa

3.74 1461
91282CNK3
T-Note 3.875 6/30/2030
935,000.00
7/2/2025

3.85 936,278.32
936,278.32 99.57

3.99 12,010.36
930,982.43
-5,295.89

0.55%
S&P-AA+
Moodys-Aa1

3.84 1522
91282CNN7
T-Note 3.875 7/31/2030
1,395,000.00
8/5/2025

3.99 1,388,133.98
1,388,133.98 99.55

3.99 13,290.07
1,388,678.91
544.93

0.82%
S&P-AA+
Moodys-Aa1

3.93 1553
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 4/30/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
15 Attachment 1

Page 171 of 904 ends

91282CJT9
T-Note 4 1/15/2027
1,665,000.00
1/18/2024

4.01 1,664,414.65
1,664,414.65 100.19

3.72 19,317.68
1,668,186.91
3,772.26

0.98%
S&P-AA
Moodys-Aaa

0.7 260
91282CJW2
T-Note 4 1/31/2029
509,000.00
2/8/2024

4.10 506,693.59
506,693.59 100.23

3.91 5,005.64
510,173.09
3,479.50

0.3%
S&P-AA+
Moodys-Aa

2.61 1007
91282CGQ8
T-Note 4 2/28/2030
410,000.00
3/5/2025

3.98 410,288.28
410,288.28 100.11

3.97 2,718.48
410,448.44
160.16

0.24%
S&P-AA+
Moodys-Aaa

3.57 1400
91282CGP0
T-Note 4 2/29/2028
2,295,000.00
3/6/2023

4.26 2,268,374.41
2,268,374.41 100.20

3.88 15,216.85
2,299,572.08
31,197.67

1.33%
S&P-AA+
Moodys-Aaa

1.78 670
91282CGP0
T-Note 4 2/29/2028
1,640,000.00
1/11/2024

4.02 1,638,846.88
1,638,846.88 100.20

3.88 10,873.91
1,643,267.19
4,420.31

0.96%
S&P-AA+
Moodys-Aaa

1.78 670
91282CMU2
T-Note 4 3/31/2030
2,010,000.00
4/2/2025

3.89 2,020,050.00
2,020,050.00 100.09

3.97 6,608.22
2,011,884.38
-8,165.62

1.19%
S&P-AA+
Moodys-Aaa

3.65 1431
91282CHK0
T-Note 4 6/30/2028
115,000.00
7/3/2023

4.17 114,133.01
114,133.01 100.23

3.89 1,524.86
115,260.55
1,127.54

0.07%
S&P-AA+
Moodys-Aaa

2.07 792
91282CHK0
T-Note 4 6/30/2028
775,000.00
7/10/2023

4.34 763,253.91
763,253.91 100.23

3.89 10,276.24
776,755.86
13,501.95

0.45%
S&P-AA+
Moodys-Aaa

2.07 792
91282CLC3
T-Note 4 7/31/2029
1,965,000.00
8/2/2024

3.86 1,977,818.55
1,977,818.55 100.20

3.93 19,324.31
1,968,991.41
-8,827.14

1.16%
S&P-AA+
Moodys-Aaa

3.06 1188
91282CLR0
T-Note 4.125 10/31/2029
1,275,000.00
11/4/2024

4.18 1,271,862.30
1,271,862.30 100.55

3.95 0.00
1,282,072.27
10,209.97

0.75%
S&P-AA+
Moodys-Aaa

3.3 1280
91282CMA6
T-Note 4.125 11/30/2029
2,735,000.00
12/6/2024

4.09 2,739,914.45
2,739,914.45 100.57

3.95 46,801.18
2,750,598.06
10,683.61

1.61%
S&P-AA+
Moodys-Aaa

3.31 1310
91282CKG5
T-Note 4.125 3/31/2029
150,000.00
9/22/2025

3.59 152,642.58
152,642.58 100.57

3.92 507.17
150,855.47
-1,787.11

0.09%
S&P-AA+
Moodys-Aaa

2.77 1066
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 4/30/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
16 Attachment 1

Page 172 of 904 ends

91282CFM8
T-Note 4.125 9/30/2027
1,500,000.00
5/18/2023

3.57 1,533,515.63
1,533,515.63 100.34

3.87 5,071.72
1,505,156.25
-28,359.38

0.9%
S&P-AA+
Moodys-Aaa

1.39 518
91282CFM8
T-Note 4.125 9/30/2027
2,045,000.00
10/10/2023

4.76 1,998,588.09
1,998,588.09 100.34

3.87 6,914.45
2,052,029.69
53,441.60

1.18%
S&P-AA+
Moodys-Aaa

1.39 518
91282CMG3
T-Note 4.25 1/31/2030
2,600,000.00
2/5/2025

4.33 2,590,351.56
2,590,351.56 100.98

3.97 27,167.13
2,625,390.64
35,039.08

1.52%
S&P-AA+
Moodys-Aaa

3.48 1372
91282CMN8
T-Note 4.25 2/15/2028
4,255,000.00
4/11/2025

3.82 4,304,198.44
4,304,198.44 100.61

3.89 36,662.95
4,281,095.11
-23,103.33

2.53%
S&P-AA+
Moodys-Aaa

1.73 656
91282CKD2
T-Note 4.25 2/28/2029
965,000.00
3/19/2024

4.32 962,135.16
962,135.16 100.89

3.91 6,798.27
973,594.53
11,459.37

0.57%
S&P-AA
Moodys-Aa

2.68 1035
91282CKE0
T-Note 4.25 3/15/2027
3,840,000.00
9/22/2025

3.62 3,874,650.00
3,874,650.00 100.42

3.75 20,400.00
3,856,317.00
-18,333.00

2.28%
S&P-AA+
Moodys-Aa1

0.86 319
91282CKX8
T-Note 4.25 6/30/2029
625,000.00
7/3/2024

4.40 620,751.95
620,751.95 100.95

3.93 8,805.25
630,957.03
10,205.08

0.37%
S&P-AA+
Moodys-Aaa

2.96 1157
91282CKX8
T-Note 4.25 6/30/2029
1,394,000.00
7/3/2024

4.38 1,386,104.30
1,386,104.30 100.95

3.93 19,639.23
1,407,286.56
21,182.26

0.82%
S&P-AA+
Moodys-Aaa

2.96 1157
91282CKX8
T-Note 4.25 6/30/2029
860,000.00
7/9/2024

4.24 860,470.31
860,470.31 100.95

3.93 12,116.02
868,196.88
7,726.57

0.51%
S&P-AA+
Moodys-Aaa

2.96 1157
91282CJN2
T-Note 4.375 11/30/2028
1,785,000.00
12/8/2023

4.23 1,796,435.16
1,796,435.16 101.13

3.91 32,396.03
1,805,220.71
8,785.55

1.06%
None
Moodys-Aaa

2.43 945
91282CJN2
T-Note 4.375 11/30/2028
990,000.00
12/18/2023

3.94 1,009,219.92
1,009,219.92 101.13

3.91 17,967.55
1,001,214.85
-8,005.07

0.59%
None
Moodys-Aaa

2.43 945
91282CMD0
T-Note 4.375 12/31/2029
2,270,000.00
1/7/2025

4.43 2,264,945.70
2,264,945.70 101.41

3.96 32,921.27
2,301,921.88
36,976.18

1.33%
S&P-AA+
Moodys-Aaa

3.38 1341
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 4/30/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
17 Attachment 1

Page 173 of 904 ends

91282CHX2
T-Note 4.375 8/31/2028
710,000.00
9/13/2023

4.42 708,474.61
708,474.61 101.04

3.90 5,148.95
717,377.35
8,902.74

0.42%
None
None

2.23 854
91282CKT7
T-Note 4.5 5/31/2029
665,000.00
6/6/2024

4.31 670,636.91
670,636.91 101.66

3.92 12,413.94
676,040.04
5,403.13

0.39%
S&P-AA+
Moodys-Aaa

2.86 1127
91282CKP5
T-Note 4.625 4/30/2029
1,035,000.00
5/3/2024

4.57 1,037,708.79
1,037,708.79 101.98

3.92 0.00
1,055,538.28
17,829.49

0.61%
S&P-AA+
Moodys-Aaa

2.84 1096
91282CJA0
T-Note 4.625 9/30/2028
2,000,000.00
10/10/2023

4.70 1,993,515.63
1,993,515.63 101.66

3.90 7,581.97
2,033,281.26
39,765.63

1.17%
Moodys-Aaa
None

2.31 884
91282CJF9
T-Note 4.875 10/31/2028
955,000.00
11/2/2023

4.73 960,968.75
960,968.75 102.28

3.91 0.00
976,785.94
15,817.19

0.57%
None
Moodys-Aaa

2.39 915
91282CJF9
T-Note 4.875 10/31/2028
1,370,000.00
1/4/2024

4.00 1,421,910.16
1,421,910.16 102.28

3.91 0.00
1,401,253.12
-20,657.04

0.84%
None
Moodys-Aaa

2.39 915
912810FB9
T-Note 6.125 11/15/2027
1,125,000.00
1/30/2023

3.60 1,248,925.78
1,248,925.78 103.36

3.86 31,597.89
1,162,836.91
-86,088.87

0.73%
None
Moodys-Aaa

1.46 564
959

2.48 53.18%
968,175.07
91,320,658.30

3.91 721,458.43
90,352,483.23
Sub Total US Treasury 91,809,000.00 3.96 90,352,483.23
TOTAL PORTFOLIO 171,825,675.67 4.05 169,995,648.40
169,980,612.98

3.99 1,582,019.97
171,197,802.28
1,202,153.88
100.00%

1.89 731
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 4/30/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
18 Attachment 1

Page 174 of 904 ends

Council Agenda Report
From: Catherine Piatti, Finance Manager
Ryan Cornell, Administrative Services Director/City Treasurer Subject: Receipt of Treasurer’s Report – May 2026
CEQA Determination: The city finds that this action is not a project under the California Environmental Quality Act pursuant to State Guidelines Section State CEQA Guidelines, §§ 15060, subd. (c)(2)-(3), 15378.

Date: July 21, 2026
Facts

2. California Government Code Sections 41004 and 53607 require the City to report certain investment and financial activity each month. As a result, this report presents the fund balances, receipts, and disbursements for the City’s operating cash, investment portfolio, and restricted investments for the month of May 2026. Total investment portfolio assets are shown in the attachment and reflect all investments under the care and control of the city.

4. PFM Asset Management LLC provides advisory services to the City for the short-term and long-term portfolios; liquidity funds are managed by the Administrative Services Director/City Treasurer.

5. The investment portfolio complies with all State laws and Council policy and provides sufficient liquidity to meet the City’s needs over the next six months.

Options

1. Take no action.

2. Receive and file the Treasurer’s Report for the month of May 2026.

3. Provide alternative direction to staff.

Page 175 of 904 ends

The City’s total investment funds on hand as of May 31, 2026, are shown below. The City Treasurer has certified that all City investments provide sufficient liquidity to meet the City’s cash flow requirements for the next six months and follow all State and Council laws and policies.

As of 5/31/26
Investments
Beginning
Fund
Balance
Receipts Disbursements
Ending
Fund
Balance
Market
Value
Operating Cash $3,149,394 $19,166,056 $20,182,558 $2,132,892 $2,132,892 Liquidity 31,598,657 10,038,384 - 41,637,041 41,637,041 Short / Long Term 138,381,956 20,121,032 19,380,753 139,122,235 139,920,989 Total Investments 173,130,007 49,325,472 39,563,311 182,892,168 183,690,922 As of 5/31/26
Restricted
Investments
Beginning
Fund
Balance
Receipts Disbursements Ending Fund
Balance
Market
Value
Section 115 Trust 11,812,444 54,234 2,573 11,864,105 13,570,302 OPEB Trust 12,829,042 594,187 111,624 13,311,604 13,311,604 Bond Trust 1,460,115 425,218 - 1,885,333 1,885,333
CFD Bonds 6,596,955 21,678 - 6,618,633 6,618,633
Total Restricted $32,698,556 $1,095,317 $114,197 $33,679,676 $35,385,872 Fiscal Impact
None
CEQA
The city finds that this action is not a project under the California Environmental Quality Act pursuant to State Guidelines Section State CEQA Guidelines, §§ 15060, subd. (c)(2)-(3), 15378.

Recommendation
Receive and file the Monthly Treasurer’s Report for May 2026.

Attachments

1. May 2026 Treasurer’s Report

Page 176 of 904 ends

Fund Name Face Amount/Shares Market Value Book Value % of Portfolio YTM @ Cost Days To Maturity Asset-Backed Securities 20% 582,355.98 579,671.32 579,865.14 0.32 4.31 178 CD | Negotiable 30% 800,000.00 801,542.08 800,000.00 0.44 5.08 47 Corporate Notes 30% 34,784,000.00 34,586,004.72 34,390,320.75 19.02 4.44 1,204 LGIP | LAIF 21,103,297.22 21,103,297.22 21,103,297.22 11.67 3.81 1 LGIP | Liquid Asset 20,533,743.90 20,533,743.90 20,533,743.90 11.36 3.76 1 Money Market Funds 20% 50,888.99 50,888.99 50,888.99 0.03 3.30 1 Municipal Bonds | Other 25% 330,000.00 328,868.53 330,000.00 0.18 4.21 1,766 None 14,001,091.96 14,001,091.96 14,001,091.96 7.75 3.86 351 US Treasury 90,324,000.00 89,572,921.70 88,985,502.77 49.22 3.98 993 Total / Average 182,509,378.05 181,558,030.42 180,774,710.73 100.00 4.02 749 This report presents the City’s investment portfolio as of May 31, 2026. Total portfolio assets are shown in the chart below and reflects all investments under the care and control of the City. It does not include funds held by in trust on behalf of the City; i.e. bond reserve funds, deferred compensation plans, Section 115 Trust plan and other post-retirement benefit funds.

The investment portfolio is in compliance with all State laws and provides sufficient liquidity to meet the City's needs over the next six months.

Total Funds on hand at May 31, 2026 included the following and are listed be type:

CITY OF PASO ROBLES

MONTHLY TREASURERS REPORT
MAY 31, 2026
1 Attachment 1

Page 177 of 904 ends

Month Market Value Book Value Unrealized Gain/Loss YTM @ Cost YTM @ Market Duration Days To Maturity 6/30/2025 170,638,901.83 168,481,390.41 2,157,511.42 4.00 4.01 1.87 732 7/31/2025 160,659,212.81 158,917,218.91 1,741,993.90 4.02 4.12 1.97 773 8/31/2025 156,652,753.61 154,044,115.29 2,608,638.32 4.04 3.88 2.01 785 9/30/2025 157,762,535.97 155,259,744.11 2,502,791.86 4.02 3.84 2.07 809 10/31/2025 158,930,019.76 156,401,192.70 2,528,827.06 4.07 3.84 2.04 800 11/30/2025 162,822,271.29 159,951,252.48 2,871,018.81 4.07 3.76 1.98 776 12/31/2025 161,172,387.55 158,429,631.79 2,742,755.76 4.08 3.74 2.02 791 1/31/2026 168,005,771.51 165,455,117.24 2,550,654.27 4.07 3.78 1.91 749 2/28/2026 172,712,329.67 169,604,157.14 3,108,172.53 4.05 3.67 1.87 733 3/31/2026 173,248,615.28 171,883,027.61 1,365,587.67 4.05 3.96 1.92 754 4/30/2026 171,197,802.28 169,995,648.40 1,202,153.88 4.05 3.99 1.89 743 5/31/2026 181,558,030.42 180,774,710.73 783,319.69 4.02 4.03 1.91 749 Total / Average 166,280,052.67 164,099,767.23 2,180,285.43 4.05 3.89 1.95 765 Market Value / Book Value Comparison
Begin Date: 6/30/2025, End Date: 5/31/2026 Report Group | Investment Policy Compliance Portfolio Summary by Month
City of Paso Robles
2 Attachment 1

Page 178 of 904 ends

Main Fund Allocation
Main Fund
Book Value
4/30/2026
% of Portfolio
4/30/2026
Book Value
5/31/2026
% of Portfolio
5/31/2026
Asset-Backed Securities 20% 580,760.91 0.34 579,865.14 0.32 CD | Negotiable 30% 800,000.00 0.47 800,000.00 0.44
Corporate Notes 30% 32,863,420.85 19.33 34,390,320.75 19.02 LGIP | Fixed Asset 13,448,852.60 7.91 0.00 0.00
LGIP | LAIF 15,617,297.22 9.19 21,103,297.22 11.67
LGIP | Liquid Asset 15,981,360.09 9.40 20,533,743.90 11.36 Money Market Funds 20% 21,473.50 0.01 50,888.99 0.03
Municipal Bonds | Other 25% 330,000.00 0.19 330,000.00 0.18 US Treasury 90,352,483.23 53.15 88,985,502.77 49.22
None 0.00 0.00 14,001,091.96 7.75
Total / Average 169,995,648.40 100.00 180,774,710.73 100.00 Portfolio Holdings as of 4/30/2026 Portfolio Holdings as of 5/31/2026 Begin Date: 4/30/2026, End Date: 5/31/2026 Report Group | Investment Policy Compliance Distribution by Main Fund - Book Value
City of Paso Robles
3 Attachment 1

Page 179 of 904 ends

Main Fund Allocation
Main Fund
Market Value
4/30/2026
% of Portfolio
4/30/2026
Market Value
5/31/2026
% of Portfolio
5/31/2026
Asset-Backed Securities 20% 580,791.31 0.34 579,671.32 0.32 CD | Negotiable 30% 802,602.56 0.47 801,542.08 0.44
Corporate Notes 30% 33,094,304.93 19.33 34,586,004.72 19.05 LGIP | Fixed Asset 13,448,852.60 7.86 0.00 0.00
LGIP | LAIF 15,617,297.22 9.12 21,103,297.22 11.62
LGIP | Liquid Asset 15,981,360.09 9.34 20,533,743.90 11.31 Money Market Funds 20% 21,473.50 0.01 50,888.99 0.03
Municipal Bonds | Other 25% 330,461.77 0.19 328,868.53 0.18 US Treasury 91,320,658.30 53.34 89,572,921.70 49.34
None 0.00 0.00 14,001,091.96 7.71
Total / Average 171,197,802.28 100.00 181,558,030.42 100.00 Portfolio Holdings as of 4/30/2026 Portfolio Holdings as of 5/31/2026 Begin Date: 4/30/2026, End Date: 5/31/2026 Report Group | Investment Policy Compliance Distribution by Main Fund - Market Value
City of Paso Robles
4 Attachment 1

Page 180 of 904 ends

Buy Transactions
Buy 5/19/2026 CAMP05-17-27 14,001,091.96 CAMP TERM 3.86 5/17/2027 100.00 14,001,091.96 0.00 3.86 14,001,091.96 CHARLES SCHWAB CORP 4.744
5/21/2030
Buy 5/21/2026 808513CQ6 225,000.00 100.00 225,000.00 0.00 4.74 225,000.00 CHARLES SCHWAB CORP 4.744
5/21/2030
Buy 5/21/2026 808513CQ6 725,000.00 99.89 724,195.25 0.00 4.77 724,195.25 Buy 5/21/2026 30303MAF9 1,705,000.00 META PLATFORMS INC 4.55 5/15/2031-31 99.02 1,688,239.85 3,663.38 4.77 1,691,903.23 Buy 5/21/2026 91282CQK0 1,360,000.00 T-Note 3.875 4/30/2031 98.30 1,336,837.50 3,007.34 4.26 1,339,844.84 Buy 5/29/2026 91282CQK0 1,545,000.00 T-Note 3.875 4/30/2031 98.64 1,524,058.01 4,717.92 4.18 1,528,775.93 Subtotal 19,561,091.96 19,499,422.57 11,388.64 19,510,811.21 Deposit 5/1/2026 MM9730 35.18 Zions Bank MM 100.00 35.18 0.00 0.00 35.18 Deposit 5/31/2026 LAIF0271 5,486,000.00 LAIF LGIP 100.00 5,486,000.00 0.00 0.00 5,486,000.00 Deposit 5/31/2026 CAMP1001 52,383.81 CAMP LGIP 100.00 52,383.81 0.00 0.00 52,383.81 Deposit 5/31/2026 CAMP1001 4,500,000.00 CAMP LGIP 100.00 4,500,000.00 0.00 0.00 4,500,000.00 Deposit 5/31/2026 MM9730 50,888.99 Zions Bank MM 100.00 50,888.99 0.00 0.00 50,888.99 Subtotal 10,089,307.98 10,089,307.98 0.00 10,089,307.98 Total Buy Transactions 29,650,399.94 29,588,730.55 11,388.64 29,600,119.19 Interest/Dividends
Interest 5/1/2026 3137BTUMI 0.00 FHLMC MBS 3.347 11/25/2026 0.00 1,628.01 0.00 1,628.01 Interest 5/1/2026 MM9730 0.00 Zions Bank MM 0.00 35.18 0.00 35.18 Interest 5/4/2026 427866BH0 0.00 Hershey Company 4.25 5/4/2028-28 0.00 13,068.75 0.00 13,068.75 Interest 5/4/2026 882508BJ2 0.00 Texas Instruments INC 1.75 5/4/2030-30 0.00 8,750.00 0.00 8,750.00 NOVARTIS CAPITAL CORP 4.1 11/5/2030-
30 Interest 5/5/2026 66989HAY4 0.00 0.00 34,747.50 0.00 34,747.50 Interest 5/11/2026 037833DU1 0.00 Apple INC 1.65 5/11/2030-30 0.00 5,362.50 0.00 5,362.50 Interest 5/15/2026 9128285M8 0.00 T-Note 3.125 11/15/2028 0.00 2,421.88 0.00 2,421.88 Interest 5/15/2026 9128284N7 0.00 T-Note 2.875 5/15/2028 0.00 24,940.63 0.00 24,940.63 Interest 5/15/2026 912810FB9 0.00 T-Note 6.125 11/15/2027 0.00 34,453.13 0.00 34,453.13 Interest 5/15/2026 91282CND9 0.00 T-Note 3.75 5/15/2028 0.00 23,156.25 0.00 23,156.25 Interest 5/19/2026 CAMP05-19-26 0.00 CAMP TERM 4.27 5/19/2026 0.00 552,239.36 0.00 552,239.36 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 4/30/2026, End Date: 5/31/2026 Report Group | Investment Policy Compliance Transaction Summary by Action
City of Paso Robles
5 Attachment 1

Page 181 of 904 ends

Interest 5/21/2026 38151LAG5 0.00 Goldman Sachs Bank 5.414 5/21/2027 0.00 23,821.60 0.00 23,821.60 Morgan Stanley Bank Var. Corp 5/26/2028 -
27 Interest 5/26/2026 61690U8B9 0.00 0.00 30,272.00 0.00 30,272.00 Interest 5/31/2026 91282CMA6 0.00 T-Note 4.125 11/30/2029 0.00 56,409.38 0.00 56,409.38 Interest 5/31/2026 91282CHF1 0.00 T-Note 3.75 5/31/2030 0.00 36,656.25 0.00 36,656.25 Interest 5/31/2026 91282CKT7 0.00 T-Note 4.5 5/31/2029 0.00 14,962.50 0.00 14,962.50 Interest 5/31/2026 CAMP1001 0.00 CAMP LGIP 0.00 52,383.81 0.00 52,383.81 Interest 5/31/2026 91282CJN2 0.00 T-Note 4.375 11/30/2028 0.00 60,703.13 0.00 60,703.13 Interest 5/31/2026 91282CPN5 0.00 T-Note 3.5 11/30/2030 0.00 39,970.00 0.00 39,970.00 Subtotal 0.00 0.00 1,015,981.86 1,015,981.86
Total Interest/Dividends 0.00 0.00 1,015,981.86 1,015,981.86 Sell Transactions
Matured 5/19/2026 CAMP05-19-26 13,448,852.60 CAMP TERM 4.27 5/19/2026 0.00 13,448,852.60 0.00 0.00 13,448,852.60 Subtotal 13,448,852.60 13,448,852.60 0.00 13,448,852.60 Principal Pay Down 5/26/2026 3137BTUMI 1,336.28 FHLMC MBS 3.347 11/25/2026 0.00 1,336.28 0.00 0.00 1,336.28 Subtotal 1,336.28 1,336.28 0.00 1,336.28
Sell 5/21/2026 91282CJT9 1,665,000.00 T-Note 4 1/15/2027 0.00 1,667,601.56 23,181.22 0.00 1,690,782.78 Sell 5/21/2026 91282CDQ1 1,360,000.00 T-Note 1.25 12/31/2026 0.00 1,339,600.00 6,621.55 0.00 1,346,221.55 Sell 5/21/2026 91282CLP4 50,000.00 T-Note 3.5 9/30/2026 0.00 49,955.08 243.85 0.00 50,198.93 Sell 5/21/2026 38151LAG5 880,000.00 Goldman Sachs Bank 5.414 5/21/2027 0.00 885,535.20 0.00 0.00 885,535.20 Sell 5/29/2026 912828V98 1,155,000.00 T-Note 2.25 2/15/2027 0.00 1,142,096.48 7,394.23 0.00 1,149,490.71 Sell 5/29/2026 91282CLP4 385,000.00 T-Note 3.5 9/30/2026 0.00 384,684.18 2,172.20 0.00 386,856.38 Subtotal 5,495,000.00 5,469,472.50 39,613.05 5,509,085.55 Withdraw 5/1/2026 MM9730 21,508.68 Zions Bank MM 0.00 21,508.68 0.00 0.00 21,508.68 Subtotal 21,508.68 21,508.68 0.00 21,508.68
Total Sell Transactions 18,966,697.56 18,941,170.06 39,613.05 18,980,783.11 Settlement Date CUSIP Description Principal YTM @ Cost
Face Amount /
Action Shares Purchase Price
Interest /
Dividends Total
Begin Date: 4/30/2026, End Date: 5/31/2026 Report Group | Investment Policy Compliance Transaction Summary by Action
City of Paso Robles
6 Attachment 1

Page 182 of 904 ends

Asset-Backed Securities 20%
3137BTUMI
FHLMC MBS 3.347 11/25/2026
582,355.98
5/24/2023

4.31 579,865.14
564,430.34 99.54

3.96 1,624.29
579,671.32
-193.82

0.32%
S&P-AA+
Moodys-Aaa

0.41 178
178

0.41 0.32%
-193.82
579,671.32

3.96 1,624.29
564,430.34
Sub Total Asset-Backed Securities 20% 582,355.98 4.31 579,865.14 CD | Negotiable 30%
21684LGS5
Cooperatieve Centrale 5.08 7/17/2026
800,000.00
7/20/2023

5.08 800,000.00
800,000.00 100.19

3.53 14,788.44
801,542.08
1,542.08

0.44%
FDIC Insured
FDIC Insured

0.13 47
47 0.13

0.44%
1,542.08
801,542.08

3.53 14,788.44
800,000.00
Sub Total CD | Negotiable 30% 800,000.00 5.08 800,000.00 Corporate Notes 30%
00724PAF6
Adobe Inc 4.8 4/4/2029-29
465,000.00
4/4/2024

4.83 464,307.15
464,307.15 101.22

4.34 3,534.00
470,687.93
6,380.78

0.26%
S&P-A+
Moodys-A1

2.67 1008
00724PAF6
Adobe Inc 4.8 4/4/2029-29
380,000.00
4/5/2024

4.77 380,501.60
380,501.60 101.22

4.34 2,888.00
384,648.20
4,146.60

0.21%
S&P-A+
Moodys-A1

2.67 1008
02079KBJ5
Alphabet Inc 3.7 2/15/2029-29
610,000.00
2/13/2026

3.74 609,377.80
609,377.80 98.66

4.23 6,771.00
601,842.21
-7,535.59

0.34%
S&P-AA+
Moodys-Aa2

2.57 960
02079KBJ5
Alphabet Inc 3.7 2/15/2029-29
95,000.00
2/13/2026

3.83 94,655.15
94,655.15 98.66

4.23 1,054.50
93,729.52
-925.63

0.05%
S&P-AA+
Moodys-Aa2

2.57 960
02079KBJ5
Alphabet Inc 3.7 2/15/2029-29
100,000.00
2/13/2026

3.74 99,901.00
99,901.00 98.66

4.23 1,110.00
98,662.66
-1,238.34

0.06%
S&P-AA+
Moodys-Aa2

2.57 960
02079KBJ5
Alphabet Inc 3.7 2/15/2029-29
100,000.00
2/13/2026

3.74 99,893.00
99,893.00 98.66

4.23 1,110.00
98,662.66
-1,230.34

0.06%
S&P-AA+
Moodys-Aa2

2.57 960
02079KBK2
ALPHABET INC 4.1 2/15/2031-31
965,000.00
3/4/2026

4.07 966,215.90
966,215.90 98.60

4.43 11,869.50
951,527.11
-14,688.79

0.53%
S&P-AA+
Moodys-Aa2

4.27 1690
023135DD5
AMAZON.COM 4.25 3/13/2031-31
1,510,000.00
3/25/2026

4.49 1,494,265.80
1,494,265.80 98.84

4.52 13,904.58
1,492,544.22
-1,721.58

0.83%
S&P-AA
Moodys-A1

4.34 1719
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 5/31/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
7 Attachment 1

Page 183 of 904 ends

023135BC9
Amazon.Com INC 3.15 8/22/2027
370,000.00
11/3/2022

4.81 343,863.20
343,863.20 98.99

4.00 3,205.12
366,271.91
22,408.71

0.19%
S&P-AA
Moodys-A1

1.2 448
037833DU1
Apple INC 1.65 5/11/2030-30
650,000.00
7/2/2025

4.18 578,253.00
578,253.00 90.64

4.25 595.83
589,161.66
10,908.66

0.32%
S&P-AA+
Moodys-Aaa

3.82 1411
06051GMK2
Bank of America Corp 4.979 1/24/2029
470,000.00
4/2/2025

4.66 475,207.60
475,207.60 100.77

4.67 8,255.46
473,595.81
-1,611.79

0.26%
S&P-AMoodys-A1

2.47 969
06051GJS9
Bank of America Corp Var. Corp 7/22/2027 -
26 495,000.00
8/4/2022

1.73 446,381.10
446,381.10 99.63

1.73 3,068.59
493,147.77
46,766.67

0.25%
S&P-AMoodys-A2
0 52
06406RAB3
Bank of NY Mellon Corp 3.442 2/7/2028-27
1,750,000.00
8/7/2024

4.33 1,700,195.00
1,700,195.00 99.59

3.69 19,074.42
1,742,788.99
42,593.99

0.94%
S&P-A
Moodys-A1

1.63 252
09290DAA9
Blackrock Funding INC 4.7 3/14/2029-29
105,000.00
3/14/2024

4.74 104,809.95
104,809.95 101.19

4.24 1,055.54
106,251.74
1,441.79

0.06%
S&P-AAMoodys-Aa3

2.62 990
14913UBH2
Caterpillar Financial Service 4.15 1/8/2031-
30 135,000.00
1/8/2026

4.16 134,951.40
134,951.40 98.56

4.50 2,225.44
133,054.13
-1,897.27

0.07%
S&P-A
Moodys-A2

4.17 1652
14913UBH2
Caterpillar Financial Service 4.15 1/8/2031-
30 484,000.00
1/8/2026

4.14 484,193.60
484,193.60 98.56

4.50 7,978.61
477,023.70
-7,169.90

0.27%
S&P-A
Moodys-A2

4.17 1652
808513CQ6
CHARLES SCHWAB CORP 4.744 5/21/2030
725,000.00
5/21/2026

4.78 724,195.25
724,195.25 100.49

4.61 955.39
728,526.48
4,331.23

0.4%
S&P-AMoodys-A2

3.66 1451
17275RBX9
Cisco Systems INC 4.75 2/24/2030-30
1,750,000.00
4/22/2025

4.45 1,772,610.00
1,772,610.00 101.26

4.38 22,397.57
1,772,041.20
-568.80

0.98%
S&P-AAMoodys-A1

3.42 1334
17325FBB3
Citibank 5.803 9/29/2028-28
1,345,000.00
9/29/2023

5.80 1,345,000.00
1,345,000.00 103.35

4.27 13,442.00
1,390,076.03
45,076.03

0.74%
S&P-A+
Moodys-Aa3

2.19 821
249672AA4
DEPOSITORY TRUST COMPANY 4.55
3/27/2031-31
290,000.00
3/27/2026

4.57 289,756.40
289,756.40 99.62

4.64 2,345.78
288,909.04
-847.36

0.16%
S&P-AA+
Moodys-Aa1

4.35 1733
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 5/31/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
8 Attachment 1

Page 184 of 904 ends

532457CQ9
Eli Lilly & Co 4.2 8/14/2029-29
195,000.00
8/14/2024

4.25 194,572.95
194,572.95 99.82

4.26 2,434.25
194,648.79

75.84 0.11%
S&P-A+
Moodys-A1

2.99 1140
532457CQ9
Eli Lilly & Co 4.2 8/14/2029-29
680,000.00
8/14/2024

4.17 680,992.80
680,992.80 99.82

4.26 8,488.67
678,775.27
-2,217.53

0.38%
S&P-A+
Moodys-A1

2.99 1140
427866BH0
Hershey Company 4.25 5/4/2028-28
615,000.00
5/18/2023

4.07 619,969.20
619,969.20 100.04

4.23 1,960.31
615,230.05
-4,739.15

0.34%
S&P-AA+
Moodys-Aaa

1.86 674
437076BT8
Home Depot Inc 2.8 9/14/2027-27
650,000.00
1/30/2023

4.16 613,210.00
613,210.00 98.37

4.11 3,892.78
639,411.64
26,201.64

0.34%
S&P-A
Moodys-A2

1.27 379
437076DJ8
Home Depot Inc 3.95 9/15/2030-30
50,000.00
9/15/2025

4.03 49,820.50
49,820.50 98.27

4.40 416.94
49,134.51
-685.99

0.03%
S&P-A
Moodys-A2

3.95 1537
24422EXB0
John Deere Capital 4.95 7/14/2028
125,000.00
7/14/2023

4.64 126,700.00
126,700.00 101.61

4.15 2,354.69
127,014.82
314.82

0.07%
S&P-A
Moodys-A2
2 775
24422EXB0
John Deere Capital 4.95 7/14/2028
290,000.00
7/14/2023

4.98 289,567.90
289,567.90 101.61

4.15 5,462.88
294,674.39
5,106.49

0.16%
S&P-A
Moodys-A2
2 775
24422EXB0
John Deere Capital 4.95 7/14/2028
225,000.00
7/18/2023

4.73 227,205.00
227,205.00 101.61

4.15 4,238.44
228,626.68
1,421.68

0.13%
S&P-A
Moodys-A2
2 775
46647PCW4
JP Morgan Chase & CO 2.947 2/24/2028-27
350,000.00
9/18/2023

5.13 320,029.50
320,029.50 99.00

3.55 2,779.18
346,498.56
26,469.06

0.18%
S&P-AMoodys-A1

1.69 269
46647PEJ1
JPMORGAN CHASE & CO 4.995 7/22/2030
995,000.00
3/18/2026

4.51 1,013,755.75
1,013,755.75 100.92

4.75 17,809.26
1,004,144.07
-9,611.68

0.56%
S&P-A
Moodys-A1

3.73 1513
46647PEG7
JPMorgan Chase & Co 5.581 4/22/2030
425,000.00
4/28/2025

4.87 438,221.75
438,221.75 102.51

4.86 2,569.59
435,678.50
-2,543.25

0.24%
S&P-A
Moodys-A1

3.54 1422
49177JAF9
Kenvue INC 5.05 3/22/2028-28
635,000.00
6/30/2025

4.12 649,992.35
649,992.35 101.20

4.35 6,146.27
642,601.10
-7,391.25

0.36%
S&P-A
Moodys-A1

1.74 632
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 5/31/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
9 Attachment 1

Page 185 of 904 ends

57636QAM6
Mastercard Inc 2.95 6/1/2029-29
460,000.00
6/27/2024

4.82 422,620.40
422,620.40 96.41

4.24 6,785.00
443,478.12
20,857.72

0.23%
S&P-A+
Moodys-Aa3

2.85 1066
57636QBF0
Mastercard Incorporated 4.55 3/15/2028-28
440,000.00
3/3/2025

4.26 443,586.00
443,586.00 100.57

4.21 4,226.44
442,511.30
-1,074.70

0.25%
S&P-A+
Moodys-Aa3

1.72 625
58933YAX3
Merck & Co INC 3.4 3/7/2029-29
645,000.00
6/30/2025

4.16 628,313.85
628,313.85 97.66

4.31 5,117.00
629,887.04
1,573.19

0.35%
S&P-A+
Moodys-Aa3

2.64 983
30303MAF9
META PLATFORMS INC 4.55 5/15/2031-31
1,705,000.00
5/21/2026

4.77 1,688,239.85
1,688,239.85 99.66

4.63 5,818.31
1,699,198.96
10,959.11

0.93%
S&P-AAMoodys-Aa3

4.48 1780
61690U8B9
Morgan Stanley Bank Var. Corp 5/26/2028 -
27 375,000.00
5/30/2024

5.50 375,000.00
375,000.00 101.08

5.50 286.67
379,041.29
4,041.29

0.21%
S&P-A+
Moodys-Aa3
0 360
61690U8B9
Morgan Stanley Bank Var. Corp 5/26/2028 -
27 725,000.00
5/31/2024

5.50 726,529.75
726,529.75 101.08

5.50 554.22
732,813.16
6,283.41

0.4%
S&P-A+
Moodys-Aa3
0 360
61776NU43
Morgan Stanley Private Bank 4.213 2/8/2030
700,000.00
2/5/2026

4.20 700,245.00
700,245.00 98.87

4.55 9,748.41
692,062.62
-8,182.38

0.39%
S&P-A+
Moodys-Aa3

3.4 1349
63743HFZ0
National Rural Util Coop 4.15 8/25/2028-28
450,000.00
8/25/2025

4.19 449,496.00
449,496.00 99.41

4.43 4,980.00
447,347.05
-2,148.95

0.25%
None
Moodys-A2

2.13 786
66989HAY4
NOVARTIS CAPITAL CORP 4.1 11/5/2030-
30 1,695,000.00
11/5/2025

4.17 1,689,915.00
1,689,915.00 98.39

4.50 5,019.08
1,667,768.18
-22,146.82

0.93%
S&P-AAMoodys-Aaa

4.08 1588
69371RS56
Paccar Finanical 5.05 8/10/2026
650,000.00
8/11/2023

4.88 652,990.00
652,990.00 100.20

3.96 10,121.04
651,275.87
-1,714.13

0.36%
S&P-A+
Moodys-A1

0.19 71
713448FX1
PepsiCo INC 4.5 7/17/2029-29
565,000.00
7/17/2024

4.54 564,124.25
564,124.25 100.61

4.29 9,463.75
568,453.88
4,329.63

0.31%
S&P-A+
Moodys-A1

2.91 1113
713448GB8
PEPSICO INC 4.6 2/7/2030-30
220,000.00
2/7/2025

4.64 219,630.40
219,630.40 101.05

4.29 3,204.67
222,318.67
2,688.27

0.12%
S&P-A+
Moodys-A1

3.38 1317
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 5/31/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
10 Attachment 1

Page 186 of 904 ends

713448GB8
PEPSICO INC 4.6 2/7/2030-30
565,000.00
4/30/2025

4.23 573,859.20
573,859.20 101.05

4.29 8,230.17
570,954.77
-2,904.43

0.32%
S&P-A+
Moodys-A1

3.38 1317
69353RFG8
PNC Bank NA 3.1 10/25/2027
735,000.00
12/8/2022

4.39 693,884.10
693,884.10 98.45

4.25 2,278.50
723,625.03
29,740.93

0.38%
S&P-A
Moodys-A2

1.38 512
79466LAR5
SALESFORCE INC 4.65 3/15/2029-29
965,000.00
3/13/2026

4.66 964,787.70
964,787.70 100.16

4.59 9,722.38
966,499.16
1,711.46

0.53%
S&P-A+
Moodys-A2

2.62 991
857477CN1
State Street Corp 4.53 2/20/2029-29
235,000.00
8/20/2024

4.53 235,000.00
235,000.00 100.28

4.42 2,986.65
235,657.84
657.84

0.13%
S&P-A
Moodys-A1

2.56 965
882508BJ2
Texas Instruments INC 1.75 5/4/2030-30
1,000,000.00
7/3/2025

4.28 890,590.00
890,590.00 90.40

4.44 1,312.50
903,983.86
13,393.86

0.49%
S&P-A+
Moodys-Aa3

3.8 1404
89158TAA7
Totalenergies Cap USA LLC 4.248 1/13/2031
-30
735,000.00
1/13/2026

4.20 736,734.60
736,734.60 98.75

4.55 11,968.74
725,791.13
-10,943.47

0.41%
S&P-A+
Moodys-Aa3

4.17 1657
89158TAA7
Totalenergies Cap USA LLC 4.248 1/13/2031
-30
535,000.00
1/13/2026

4.25 535,000.00
535,000.00 98.75

4.55 8,711.94
528,296.95
-6,703.05

0.3%
S&P-A+
Moodys-Aa3

4.17 1657
89236TMK8
Toyota Motor Credit Corp 4.55 8/9/2029
160,000.00
8/9/2024

4.58 159,816.00
159,816.00 100.32

4.44 2,285.11
160,504.59
688.59

0.09%
S&P-A+
Moodys-A1

2.96 1166
89236TMK8
Toyota Motor Credit Corp 4.55 8/9/2029
190,000.00
8/9/2024

4.64 189,219.10
189,219.10 100.32

4.44 2,713.57
190,599.20
1,380.10

0.1%
S&P-A+
Moodys-A1

2.96 1166
89236TMK8
Toyota Motor Credit Corp 4.55 8/9/2029
75,000.00
8/9/2024

4.60 74,847.75
74,847.75 100.32

4.44 1,071.15
75,236.53
388.78

0.04%
S&P-A+
Moodys-A1

2.96 1166
89236TLB9
Toyota Motor Credit Corp 5.25 9/11/2028
400,000.00
9/11/2023

5.29 399,304.00
399,304.00 102.05

4.29 4,666.67
408,191.13
8,887.13

0.22%
S&P-A+
Moodys-A1

2.15 834
89236TPH2
Toyota Mtr Cr Corp 4.2 1/10/2031-30
280,000.00
1/12/2026

4.21 279,913.20
279,913.20 98.57

4.55 4,540.67
276,001.40
-3,911.80

0.15%
S&P-A+
Moodys-A1

4.17 1654
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 5/31/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
11 Attachment 1

Page 187 of 904 ends

92826CAZ5
VISA INC 4.1 2/12/2031-31
1,800,000.00
3/4/2026

3.91 1,815,066.00
1,815,066.00 99.36

4.25 22,345.00
1,788,481.66
-26,584.34
1%
S&P-AAMoodys-Aa3

4.27 1687
931142FT5
WALMART INC 4.15 4/30/2031-31
450,000.00
4/30/2026

4.20 449,037.00
449,037.00 99.21

4.33 1,556.25
446,433.98
-2,603.02

0.25%
S&P-AA
Moodys-Aa2

4.48 1764
1143

2.97 19.02%
195,683.97
34,586,004.72

4.36 335,108.48
34,390,320.75
Sub Total Corporate Notes 30% 34,784,000.00 4.44 34,390,320.75 LGIP | LAIF
LAIF0271

LAIF LGIP
21,103,297.22
12/31/2019

3.81 21,103,297.22
21,103,297.22 100.00

3.81 21,103,297.22

0.00 11.67%
NR
NR
0 1
1 0

11.67%

0.00 21,103,297.22

3.81 21,103,297.22
Sub Total LGIP | LAIF 21,103,297.22 3.81 21,103,297.22
LGIP | Liquid Asset
CAMP1001

CAMP LGIP
20,533,743.90
12/31/2019

3.76 20,533,743.90
20,533,743.90 100.00

3.76 20,533,743.90

0.00 11.36%
NR
NR
0 1
1 0

11.36%

0.00 20,533,743.90

3.76 20,533,743.90
Sub Total LGIP | Liquid Asset 20,533,743.90 3.76 20,533,743.90 Money Market Funds 20%
MM9730
Zions Bank MM
50,888.99
2/1/2020

3.30 50,888.99
50,888.99 100.00

3.30 50,888.99

0.00 0.03%
NR
NR
0 1
1 0

0.03%

0.00 50,888.99

3.30 50,888.99
Sub Total Money Market Funds 20% 50,888.99 3.30 50,888.99 Municipal Bonds | Other 25%
419792S23
HAWAII-TXBL-GP 4.212 4/1/2031-31
330,000.00
4/30/2026

4.21 330,000.00
330,000.00 99.66

4.29 1,158.30
328,868.53
-1,131.47

0.18%
None
Moodys-Aa2

4.41 1735
1735

4.41 0.18%
-1,131.47
328,868.53

4.29 1,158.30
330,000.00
Sub Total Municipal Bonds | Other 25% 330,000.00 4.21 330,000.00 None
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 5/31/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
12 Attachment 1

Page 188 of 904 ends

CAMP05-17-27
CAMP TERM 3.86 5/17/2027
14,001,091.96
5/19/2026

3.86 14,001,091.96
14,001,091.96 100.00

3.86 17,767.96
14,001,091.96

0.00 7.75%
NR
NR

0.96 351
351

0.96 7.75%

0.00 14,001,091.96

3.86 17,767.96
14,001,091.96
Sub Total None 14,001,091.96 3.86 14,001,091.96
US Treasury
00724PAD1
Adobe Inc 2.3 2/1/2030-30
440,000.00
2/10/2026

4.13 410,740.00
410,740.00 92.60

4.51 3,373.33
407,439.83
-3,300.17

0.23%
S&P-A+
Moodys-A1

3.5 1311
808513CQ6
CHARLES SCHWAB CORP 4.744 5/21/2030
225,000.00
5/21/2026

4.74 225,000.00
225,000.00 100.49

4.61 296.50
226,094.43
1,094.43

0.12%
S&P-AMoodys-A2

3.66 1451
91282CAU5
T-Note 0.5 10/31/2027
2,170,000.00
1/6/2023

3.91 1,847,975.39
1,847,975.39 95.26

3.98 913.99
2,067,094.54
219,119.15

1.02%
S&P-AA+
Moodys-Aaa

1.41 518
912828ZN3
T-Note 0.5 4/30/2027
610,000.00
8/4/2022

2.89 545,973.83
545,973.83 97.01

3.86 256.93
591,741.70
45,767.87

0.3%
S&P-AA+
Moodys-Aaa

0.91 334
912828ZV5
T-Note 0.5 6/30/2027
840,000.00
8/10/2022

2.99 745,434.38
745,434.38 96.41

3.91 1,751.93
809,878.13
64,443.75

0.41%
S&P-AA+
Moodys-Aaa

1.08 395
91282CBB6
T-Note 0.625 12/31/2027
1,900,000.00
1/25/2024

4.09 1,663,242.19
1,663,242.19 94.87

4.00 4,953.38
1,802,476.57
139,234.38

0.92%
S&P-AA
Moodys-Aaa

1.57 579
91282CCV1
T-Note 1.125 8/31/2028
1,160,000.00
11/3/2023

4.69 983,507.81
983,507.81 93.79

4.04 3,262.50
1,087,953.13
104,445.32

0.54%
S&P-AA+
Moodys-Aaa

2.22 823
91282CBZ3
T-Note 1.25 4/30/2028
1,865,000.00
1/25/2024

4.08 1,660,287.11
1,660,287.11 94.93

4.02 1,963.82
1,770,511.53
110,224.42

0.92%
S&P-AA
Moodys-Aaa

1.9 700
9128282R0
T-Note 2.25 8/15/2027
2,180,000.00
9/6/2022

3.40 2,066,827.34
2,066,827.34 98.02

3.94 14,227.21
2,136,740.63
69,913.29

1.14%
S&P-AA+
Moodys-Aaa

1.19 441
91282CEN7
T-Note 2.75 4/30/2027
1,285,000.00
5/5/2023

3.50 1,249,260.94
1,249,260.94 99.00

3.87 2,976.80
1,272,119.88
22,858.94

0.69%
S&P-AA+
Moodys-Aaa

0.91 334
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 5/31/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
13 Attachment 1

Page 189 of 904 ends

9128284N7
T-Note 2.875 5/15/2028
1,735,000.00
1/11/2024

4.01 1,657,060.55
1,657,060.55 97.86

4.03 2,168.75
1,697,792.39
40,731.84

0.92%
S&P-AA
Moodys-Aaa

1.91 715
9128285M8
T-Note 3.125 11/15/2028
155,000.00
1/22/2026

3.64 152,880.86
152,880.86 97.85

4.05 210.60
151,669.92
-1,210.94

0.08%
S&P-AA+
Moodys-Aa1

2.38 899
91282CNY3
T-Note 3.375 9/15/2028
550,000.00
9/22/2025

3.55 547,250.00
547,250.00 98.54

4.05 3,884.00
541,986.33
-5,263.67

0.3%
S&P-AA+
Moodys-Aa1

2.21 838
91282CGH8
T-Note 3.5 1/31/2028
1,755,000.00
6/5/2023

3.76 1,735,461.91
1,735,461.91 99.19

4.01 20,361.88
1,740,740.62
5,278.71

0.96%
S&P-AA+
Moodys-Aaa

1.62 610
91282CGH8
T-Note 3.5 1/31/2028
2,555,000.00
2/8/2024

4.16 2,493,520.31
2,493,520.31 99.19

4.01 29,643.65
2,534,240.62
40,720.31

1.38%
S&P-AA+
Moodys-Aaa

1.62 610
91282CPN5
T-Note 3.5 11/30/2030
2,284,000.00
12/5/2025

3.63 2,270,974.07
2,270,974.07 97.40

4.14 0.00
2,224,580.32
-46,393.75

1.26%
S&P-AA+
Moodys-Aa1

4.2 1644
91282CQD6
T-Note 3.5 2/28/2031
1,655,000.00
3/16/2026

3.87 1,627,847.65
1,627,847.65 97.26

4.14 14,481.25
1,609,681.45
-18,166.20

0.9%
S&P-AA+
Moodys-Aa1

4.37 1734
91282CHA2
T-Note 3.5 4/30/2028
485,000.00
5/1/2023

3.60 482,821.29
482,821.29 99.05

4.02 1,429.96
480,377.34
-2,443.95

0.27%
S&P-AA+
Moodys-Aaa

1.86 700
91282CLN9
T-Note 3.5 9/30/2029
470,000.00
10/3/2024

3.56 468,733.20
468,733.20 98.17

4.09 2,741.67
461,407.81
-7,325.39

0.26%
S&P-AA+
Moodys-Aaa

3.16 1218
91282CPR6
T-Note 3.625 12/31/2030
457,000.00
1/5/2026

3.73 454,768.55
454,768.55 97.86

4.14 6,910.23
447,199.49
-7,569.06

0.25%
S&P-AA+
Moodys-Aa1

4.2 1675
91282CGT2
T-Note 3.625 3/31/2028
1,230,000.00
5/5/2023

3.41 1,241,963.67
1,241,963.67 99.31

4.02 7,431.25
1,221,543.75
-20,419.92

0.69%
S&P-AA+
Moodys-Aaa

1.78 670
91282CLK5
T-Note 3.625 8/31/2029
1,345,000.00
9/5/2024

3.58 1,347,784.57
1,347,784.57 98.59

4.09 12,189.06
1,326,085.94
-21,698.63

0.75%
S&P-AA+
Moodys-Aaa

3.07 1188
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 5/31/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
14 Attachment 1

Page 190 of 904 ends

91282CNX5
T-Note 3.625 8/31/2030
440,000.00
9/2/2025

3.72 438,023.44
438,023.44 98.04

4.13 3,987.50
431,354.69
-6,668.75

0.24%
S&P-AA+
Moodys-Aa1

3.94 1553
91282CNX5
T-Note 3.625 8/31/2030
2,900,000.00
9/3/2025

3.74 2,884,593.75
2,884,593.75 98.04

4.13 26,281.25
2,843,019.52
-41,574.23

1.6%
S&P-AA+
Moodys-Aa1

3.94 1553
91282CPA3
T-Note 3.625 9/30/2030
970,000.00
10/2/2025

3.70 966,930.86
966,930.86 98.00

4.13 5,860.42
950,637.89
-16,292.97

0.53%
Moodys-Aa1
S&P-AA+

4.02 1583
91282CPW5
T-Note 3.75 1/31/2031
2,260,000.00
2/5/2026

3.82 2,252,672.66
2,252,672.66 98.34

4.14 28,093.92
2,222,480.47
-30,192.19

1.25%
S&P-AA+
Moodys-Aa1

4.27 1706
91282CJR3
T-Note 3.75 12/31/2028
1,680,000.00
1/11/2024

3.97 1,663,725.00
1,663,725.00 99.25

4.06 26,279.01
1,667,400.00
3,675.00

0.92%
S&P-AA
Moodys-Aaa

2.45 945
91282CND9
T-Note 3.75 5/15/2028
1,235,000.00
1/22/2026

3.61 1,238,714.65
1,238,714.65 99.49

4.02 2,013.59
1,228,680.27
-10,034.38

0.69%
S&P-AA+
Moodys-Aa1

1.9 715
91282CHF1
T-Note 3.75 5/31/2030
1,955,000.00
6/5/2025

4.00 1,933,158.98
1,933,158.98 98.65

4.12 0.00
1,928,576.96
-4,582.02

1.07%
S&P-AA+
Moodys-Aa1

3.75 1461
91282CMZ1
T-Note 3.875 4/30/2030
625,000.00
5/1/2025

3.69 630,297.85
630,297.85 99.14

4.12 2,040.17
619,604.49
-10,693.36

0.35%
S&P-AA+
Moodys-Aaa

3.66 1430
91282CMZ1
T-Note 3.875 4/30/2030
805,000.00
3/20/2026

3.86 805,377.34
805,377.34 99.14

4.12 2,627.73
798,050.59
-7,326.75

0.45%
S&P-AA+
Moodys-Aaa

3.66 1430
91282CQK0
T-Note 3.875 4/30/2031
1,360,000.00
5/21/2026

4.26 1,336,837.50
1,336,837.50 98.79

4.15 4,439.40
1,343,531.26
6,693.76

0.74%
S&P-AA+
Moodys-Aa1

4.51 1795
91282CQK0
T-Note 3.875 4/30/2031
1,545,000.00
5/29/2026

4.18 1,524,058.01
1,524,058.01 98.79

4.15 5,043.29
1,526,291.02
2,233.01

0.84%
S&P-AA+
Moodys-Aa1

4.51 1795
91282CNK3
T-Note 3.875 6/30/2030
935,000.00
7/2/2025

3.85 936,278.32
936,278.32 99.07

4.12 15,113.04
926,307.43
-9,970.89

0.52%
S&P-AA+
Moodys-Aa1

3.75 1491
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 5/31/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
15 Attachment 1

Page 191 of 904 ends

91282CNN7
T-Note 3.875 7/31/2030
1,395,000.00
8/5/2025

3.99 1,388,133.98
1,388,133.98 99.05

4.13 17,919.20
1,381,703.91
-6,430.07

0.77%
S&P-AA+
Moodys-Aa1

3.84 1522
91282CJW2
T-Note 4 1/31/2029
509,000.00
2/8/2024

4.10 506,693.59
506,693.59 99.83

4.07 6,749.17
508,145.04
1,451.45

0.28%
S&P-AA+
Moodys-Aa

2.53 976
91282CGQ8
T-Note 4 2/28/2030
410,000.00
3/5/2025

3.98 410,288.28
410,288.28 99.63

4.11 4,100.00
408,462.50
-1,825.78

0.23%
S&P-AA+
Moodys-Aaa

3.49 1369
91282CGP0
T-Note 4 2/29/2028
2,295,000.00
3/6/2023

4.26 2,268,374.41
2,268,374.41 99.98

4.01 22,950.00
2,294,641.41
26,267.00

1.25%
S&P-AA+
Moodys-Aaa

1.69 639
91282CGP0
T-Note 4 2/29/2028
1,640,000.00
1/11/2024

4.02 1,638,846.88
1,638,846.88 99.98

4.01 16,400.00
1,639,743.75
896.87

0.91%
S&P-AA+
Moodys-Aaa

1.69 639
91282CMU2
T-Note 4 3/31/2030
2,010,000.00
4/2/2025

3.89 2,020,050.00
2,020,050.00 99.61

4.11 13,436.71
2,002,148.44
-17,901.56

1.12%
S&P-AA+
Moodys-Aaa

3.57 1400
91282CHK0
T-Note 4 6/30/2028
115,000.00
7/3/2023

4.17 114,133.01
114,133.01 99.95

4.03 1,918.78
114,937.11
804.10

0.06%
S&P-AA+
Moodys-Aaa

1.99 761
91282CHK0
T-Note 4 6/30/2028
775,000.00
7/10/2023

4.34 763,253.91
763,253.91 99.95

4.03 12,930.94
774,576.18
11,322.27

0.42%
S&P-AA+
Moodys-Aaa

1.99 761
91282CLC3
T-Note 4 7/31/2029
1,965,000.00
8/2/2024

3.86 1,977,818.55
1,977,818.55 99.76

4.08 26,055.25
1,960,241.03
-17,577.52

1.09%
S&P-AA+
Moodys-Aaa

2.97 1157
91282CLR0
T-Note 4.125 10/31/2029
1,275,000.00
11/4/2024

4.18 1,271,862.30
1,271,862.30 100.08

4.10 4,430.45
1,276,045.90
4,183.60

0.7%
S&P-AA+
Moodys-Aaa

3.21 1249
91282CMA6
T-Note 4.125 11/30/2029
2,735,000.00
12/6/2024

4.09 2,739,914.45
2,739,914.45 100.09

4.10 0.00
2,737,350.40
-2,564.05

1.52%
S&P-AA+
Moodys-Aaa

3.29 1279
91282CKG5
T-Note 4.125 3/31/2029
150,000.00
9/22/2025

3.59 152,642.58
152,642.58 100.15

4.07 1,031.25
150,222.66
-2,419.92

0.08%
S&P-AA+
Moodys-Aaa

2.69 1035
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 5/31/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
16 Attachment 1

Page 192 of 904 ends

91282CFM8
T-Note 4.125 9/30/2027
1,500,000.00
5/18/2023

3.57 1,533,515.63
1,533,515.63 100.21

3.96 10,312.50
1,503,164.07
-30,351.56

0.85%
S&P-AA+
Moodys-Aaa

1.3 487
91282CFM8
T-Note 4.125 9/30/2027
2,045,000.00
10/10/2023

4.76 1,998,588.09
1,998,588.09 100.21

3.96 14,059.38
2,049,313.68
50,725.59

1.11%
S&P-AA+
Moodys-Aaa

1.3 487
91282CMG3
T-Note 4.25 1/31/2030
2,600,000.00
2/5/2025

4.33 2,590,351.56
2,590,351.56 100.47

4.11 36,629.83
2,612,289.06
21,937.50

1.43%
S&P-AA+
Moodys-Aaa

3.39 1341
91282CMN8
T-Note 4.25 2/15/2028
4,255,000.00
4/11/2025

3.82 4,304,198.44
4,304,198.44 100.38

4.01 52,021.75
4,271,288.69
-32,909.75

2.38%
S&P-AA+
Moodys-Aaa

1.65 625
91282CKD2
T-Note 4.25 2/28/2029
965,000.00
3/19/2024

4.32 962,135.16
962,135.16 100.47

4.07 10,253.12
969,523.44
7,388.28

0.53%
S&P-AA
Moodys-Aa

2.6 1004
91282CKE0
T-Note 4.25 3/15/2027
3,840,000.00
9/22/2025

3.62 3,874,650.00
3,874,650.00 100.33

3.82 34,147.83
3,852,660.02
-21,989.98

2.14%
S&P-AA+
Moodys-Aa1

0.78 288
91282CKX8
T-Note 4.25 6/30/2029
625,000.00
7/3/2024

4.40 620,751.95
620,751.95 100.49

4.08 11,079.94
628,051.76
7,299.81

0.34%
S&P-AA+
Moodys-Aaa

2.87 1126
91282CKX8
T-Note 4.25 6/30/2029
1,394,000.00
7/3/2024

4.38 1,386,104.30
1,386,104.30 100.49

4.08 24,712.69
1,400,806.64
14,702.34

0.77%
S&P-AA+
Moodys-Aaa

2.87 1126
91282CKX8
T-Note 4.25 6/30/2029
860,000.00
7/9/2024

4.24 860,470.31
860,470.31 100.49

4.08 15,245.99
864,199.22
3,728.91

0.48%
S&P-AA+
Moodys-Aaa

2.87 1126
91282CJN2
T-Note 4.375 11/30/2028
1,785,000.00
12/8/2023

4.23 1,796,435.16
1,796,435.16 100.76

4.05 0.00
1,798,526.96
2,091.80

0.99%
None
Moodys-Aaa

2.4 914
91282CJN2
T-Note 4.375 11/30/2028
990,000.00
12/18/2023

3.94 1,009,219.92
1,009,219.92 100.76

4.05 0.00
997,502.35
-11,717.57

0.56%
None
Moodys-Aaa

2.4 914
91282CMD0
T-Note 4.375 12/31/2029
2,270,000.00
1/7/2025

4.43 2,264,945.70
2,264,945.70 100.89

4.10 41,425.93
2,290,305.85
25,360.15

1.25%
S&P-AA+
Moodys-Aaa

3.3 1310
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 5/31/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
17 Attachment 1

Page 193 of 904 ends

91282CHX2
T-Note 4.375 8/31/2028
710,000.00
9/13/2023

4.42 708,474.61
708,474.61 100.70

4.04 7,765.62
714,964.45
6,489.84

0.39%
None
None

2.15 823
91282CKT7
T-Note 4.5 5/31/2029
665,000.00
6/6/2024

4.31 670,636.91
670,636.91 101.18

4.08 0.00
672,844.93
2,208.02

0.37%
S&P-AA+
Moodys-Aaa

2.84 1096
91282CKP5
T-Note 4.625 4/30/2029
1,035,000.00
5/3/2024

4.57 1,037,708.79
1,037,708.79 101.50

4.07 4,032.42
1,050,525.00
12,816.21

0.57%
S&P-AA+
Moodys-Aaa

2.75 1065
91282CJA0
T-Note 4.625 9/30/2028
2,000,000.00
10/10/2023

4.70 1,993,515.63
1,993,515.63 101.28

4.04 15,416.67
2,025,625.00
32,109.37

1.1%
Moodys-Aaa
None

2.22 853
91282CJF9
T-Note 4.875 10/31/2028
955,000.00
11/2/2023

4.73 960,968.75
960,968.75 101.87

4.05 3,921.86
972,831.65
11,862.90

0.53%
None
Moodys-Aaa

2.3 884
91282CJF9
T-Note 4.875 10/31/2028
1,370,000.00
1/4/2024

4.00 1,421,910.16
1,421,910.16 101.87

4.05 5,626.12
1,395,580.48
-26,329.68

0.79%
None
Moodys-Aaa

2.3 884
912810FB9
T-Note 6.125 11/15/2027
1,125,000.00
1/30/2023

3.60 1,248,925.78
1,248,925.78 103.06

3.94 2,995.92
1,159,409.18
-89,516.60

0.69%
None
Moodys-Aaa

1.41 533
992

2.56 49.21%
587,418.93
89,572,921.70

4.05 674,777.33
88,985,502.77
Sub Total US Treasury 90,324,000.00 3.98 88,985,502.77
TOTAL PORTFOLIO 182,509,378.05 4.02 180,774,710.73
180,759,275.93

4.03 1,045,224.80
181,558,030.42
783,319.69
100.00%

1.91 737
CUSIP
Face Amount /
Shares
Description Settlement Date
YTM @ Cost
Cost Value
Book Value YTM @ Market
Market Price Market Value
Accrued Interest Unre. Gain/Loss
% Portfolio
Credit Rating
Credit Rating
Duration To Maturity
Days To Call/Maturity
Date: 5/31/2026 Report Group | Investment Policy Compliance Portfolio Holdings by Main Fund
City of Paso Robles
18 Attachment 1

Page 194 of 904 ends

Council Agenda Report
From: Ryan Cornell, Administrative Services Director
Subject: Proposed Formation of Community Facilities District No. 2026-1 (Beechwood-Facilities) to Provide Transportation Facilities, Park and Recreation Improvements and Facilities, Parkway and Landscaping Improvements, Public Safety Facilities Including Police an CEQA Determination: The City finds that this action is not a project under the California Environmental Quality Act pursuant to State Guidelines Section State CEQA Guidelines, §§ 15060, subd. (c)(2)-(3), 15378.

Date: July 21, 2026
Facts

1. The Beechwood Specific Plan Project (the “Project”) proposes the development of 911 residential units, including at least 150 multi-family residential units; 40,000 square feet of neighborhood commercial/mixed-use development; 20+ acres of open space that includes an 8-acre public park, smaller public green spaces, and conserved open space; and a 2.9-mile multi-use pathway network.

2. The City and the Beechwood Owners Group are parties to a certain Development Agreement (“DA”) dated April 14, 2021, in which the City granted Beechwood Owners Group the exclusive right to develop the Project. DAs are a commonly used tool executed for large or complex developments and are legally binding contracts negotiated between the City and the developer to delineate the terms and conditions of a proposed development project.

3. City Council Resolution No. 03-232, and General Plan policy LU-4A, Action Item 3, requires a fiscal impact analysis for new development in specific plan areas and conditions projects accordingly to ensure that they will be fiscally neutral and not result in a net fiscal loss for the City.

4. The Mello-Roos Community Facilities Act of 1982, as amended, commencing with Government Code Section 53311 (the “Act”) permits public agencies, including cities, to establish a community facilities district (“CFD”) which allows for financing the construction of public infrastructure and certain services.

5. CFDs impose a special tax on property owners within the CFD boundary through an annual special tax levy collected on the property tax bill. This financing mechanism allows new development to pay for significant public infrastructure and augmented public service needs over time. But because the CFD special tax is added to the existing standard ad valorem property tax bill, it also creates potentially significant tax bills when compared to properties not located in CFD boundaries.

6. On December 3, 2019, City Council approved Resolution No. 19-127, approving an updated Community Facilities District Local Goals and Policies, which is a necessary first step in the formation of CFDs.

7. The City received a petition from the owner of property (‘Developer”) within the boundaries of proposed Community Facilities District No. 2026-1 (Beechwood – Facilities) (“CFD No. 2026-1”), requesting formation of CFD No. 2026-1 to finance certain public facilities.

Page 195 of 904 ends

8. This item was approved by City Council on June 16, 2026. However, staff identified that an incorrect resolution had been included with the agenda materials. Accordingly, this item is being returned to the City Council for consideration with the correct resolution.

Options

1. Take no action;

2. Approve the resolutions declaring intention to establish Community Facilities District No. 2026-1 (Beechwood-Facilities) and declaring necessity to incur bonded indebtedness of proposed CFD No. 2026-1;

3. Provide alternative direction to staff.

Analysis and Conclusions
Pursuant to the provisions of the DA there are many public facilities which are required to be constructed by the Developer. Consistent with the DA, the Developer has requested the formation of CFD No. 2026-1 under the provisions of the Act. A CFD can finance, through the issuance of bonds, public facilities which are needed for development within communities, such as streets, water and sewer improvements, parks, schools and flood control. The bonds are repaid from special taxes levied on the taxable real property within the CFD and remain a liability of the Developer and ultimately the homeowners. The funds of the City are not responsible for the payment of debt service and administration of the CFD. The sole source of repayment of the bonds is the special tax to be levied.

The Act was enacted by the California Legislature to provide an alternate method of financing certain essential public capital facilities and services, especially in the developing areas of the State of California.

Once duly established by a city, county, or other local agency, a CFD is a separate legal entity with defined boundaries, with the governing board or legislative body of the local agency acting on its behalf. Subject to approval by a two-thirds vote of the qualified electors in compliance with the provisions of the Act, a legislative body of a local agency may issue bonds for a CFD and may levy and collect a special tax within a CFD to repay such indebtedness.

If formed, CFD No. 2026-1 will fund a portion of the cost of engineering, planning and designing the facilities, including costs of the property owner petitioning to form CFD No. 2026-1, the issuance of the bonds, the determination of the amount of special taxes to be levied and costs otherwise incurred in order to carry out the authorized purposes of CFD No. 2026-1; and any other expenses incidental to the construction, acquisition, modification, rehabilitation, completion and inspection of the facilities. CFD No. 2026-1 is authorized to finance any capital improvement fee imposed by any local agency pursuant to Section 53313.5 of the Act that serves or is required for the Project.

In connection therewith, the first resolution to be considered by the City Council is the Resolution of Intention (the “ROI”) to form CFD No. 2026-1. The ROI does all of the following:
• Establishes the boundaries of CFD No. 2026-1 and designates two separate improvement areas therein;
• Details a formula describing the rate and method of apportionment of the special tax for each of the improvement areas (Exhibit ‘B’ to ROI, the “Rate and Method”); • Lists the authorized public facilities proposed to be funded by CFD No. 2026-1 (Exhibit ‘A’ to ROI); • Calls a public hearing on the matters set forth in the ROI; and • Describes the voting procedures for the intended future election.

Page 196 of 904 ends

As mentioned above, adoption of the ROI sets the date, time and place for a public hearing on the matters set forth in the ROI, including the proposed formation of CFD No. 2026-1 and the levy of special taxes therein. At the public hearing, testimony of all interested persons will be heard and protests will be considered. The proposed date of the public hearing is September 1, 2026, at 6:30 p.m. in the City Council Chambers.

Each year, the City will approve the annual costs for CFD No. 2026-1. The special tax to be levied will include amounts to pay for, including but not limited to, the following:
• Debt Service on the Bonds (i.e., principal and interest on bonds) • Administrative expenses of CFD No. 2026-1
• Replenishment of the reserve fund (if necessary)
The second resolution before the City Council for consideration is the Resolution Declaring Necessity to Incur Bonded Indebtedness (the “RON”) within CFD No. 2026-1 and each Improvement Area therein. The RON sets forth the maximum proposed amount of bonded indebtedness that may be incurred in each Improvement Area. The financing of authorized facilities may require multiple bond issues totaling no more than $15 million in Improvement Area No. 1 and $15 million in Improvement Area No. 2 to fund up to $30 million of Developer installed improvements listed in the Exhibit ‘A’ to the RON. The RON also calls a public hearing on the proposed incurrence of bonded indebtedness to be held at the same time and location as the public hearing on the ROI.

Fiscal Impact
Properties within CFD No. 2026-1 will be subject to an annual special tax collected by the County in the same manner as ad valorem property taxes. The special tax rate will depend on several variables including location of property in improvement areas and product.

Formation costs incurred by the City in connection with CFD No. 2026-1 have been and will be reimbursed by Developer for staff and consultant time. The City will receive an administrative fee for its oversight and the formation of CFD No. 2026-1 and shall be reimbursed for actual costs in conjunction with annual administration of CFD No. 2026-1, which shall be included as part of the annual special tax levy. Finally, the bonds are secured by a lien on the individual properties within CFD No. 2026-1 and the special taxes to be levied are the sole source of repayment for the bonds.

CEQA
The City finds that this action is not a project under the California Environmental Quality Act pursuant to State Guidelines Section State CEQA Guidelines, §§ 15060, subd. (c)(2)-(3), 15378.

Recommendation (Option 2)
It is recommended that City Council take the following actions:

1. Approve Resolution 26-XXX(A), declaring intention to establish proposed Community Facilities District No. 2026-1 (Beechwood-Facilities) and to designate two improvement areas therein and to levy a special tax therein;

2. Approve Resolution 26-XXX(B), declaring necessity to incur a bonded indebtedness of proposed City of Paso Robles Community Facilities District No. 2026-1 (Beechwood-Facilities) for Improvement Areas No. 1 and 2, therein.

Attachments

1. Resolution 26-XXX (A) of the City Council of the City of El Paso de Robles Declaring Intention to Establish the City of Paso Robles Community Facilities District No. 2026-1 (Beechwood–Facilities),

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County of San Luis Obispo, State of California, and to Designate Two Improvement Areas Therein and to Levy a Special Tax Therein
a. Exhibit A – Description of Authorized Facilities
b. Exhibit B – Rate and Method of Apportionment of Special Taxes for Improvement Areas 1 and 2 of City of Paso Robles.
c. Exhibit C – Boundary Map

2. Resolution 26-XXX (B) of the City Council of the City of El Paso de Robles Declaring Necessity to Incur Bonded Indebtedness of Proposed City of Paso Robles Community Facilities District No. 2026-1 (Beechwood–Facilities) County of San Luis Obispo, State of California For Improvement Area Nos. 1 and 2 Therein

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Attachment 1
RESOLUTION 26-XXX

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL PASO DE ROBLES

DECLARING ITS INTENTION TO ESTABLISH THE CITY OF PASO ROBLES COMMUNITY FACILITIES DISTRICT NO. 2026-1 (BEECHWOOD – FACILITIES), AND TO DESIGNATE TWO IMPROVEMENT

AREAS THEREIN AND TO LEVY A SPECIAL TAX THEREIN
WHEREAS, the City Council (the “City Council”) of the City of El Paso de Robles (the “City”) has received a written petition from the owner (the “Owner”) of certain real property within the City requesting that the City Council initiate proceedings for the formation of a community facilities district pursuant to Chapter 2.5 (commencing with Section 53311) of Part 1 of Division 2 of Title 5 of the California Government Code, commonly known as the “Mello-Roos Community Facilities Act of 1982” (the “Act”) for the purpose of financing authorized facilities which are necessary to meet increased demands placed upon the City as a result of the development of said real property; and
WHEREAS, the Owners are the fee owners of all of the property which is proposed to be included within the proposed community facilities district; and
WHEREAS, the Act provides that the City Council may initiate proceedings to establish a community facilities district only if it has first considered and adopted local goals and policies concerning the use of community facilities districts; and WHEREAS, the City Council has established its Local Goals and Policies for the Use of Mello-Roos Community Facilities Act, as amended, to Finance Public Facilities and Public Services (the “Policy”) on October 19, 2019, and the proposed formation and facilities comply with the Policy; and
WHEREAS, the Act permits the City Council to designate a portion or portions of the proposed community facilities district as one or more improvement areas for the purpose of financing, or contributing to the financing of, specified facilities; and WHEREAS, this City Council desires to designate two improvement areas within the proposed community facilities district for the purpose of contributing to the financing of the facilities specified herein; and
WHEREAS, pursuant to Section 53320 of the Act, having received such a petition, the City Council is required to institute proceedings for the formation of the proposed community facilities district by the adoption of this resolution of intention (the “Resolution”) pursuant to Section 53321 of the Act.

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Attachment 1

NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EL PASO DE ROBLES AS FOLLOWS:

Section 1. Findings. The City Council finds as follows:
(a) The foregoing recitals are true and correct; and
(b) Pursuant to Section 53350 of the Act, it is necessary and desirable that separate improvement areas be designated for specific portions of the property to be included within the boundaries of the proposed community facilities district so that each such portion of such property will be responsible only for the payment of special taxes to be levied for the payment of principal of and interest on the bonds of the community facilities district that will be issued and sold and which are secured solely by such special taxes to finance specific facilities for benefiting such portion of the property and improvement areas.

Section 2. Proposed Community Facilities District. A community facilities district is proposed to be established under the provisions of the Act. The name proposed for the community facilities district is “City of Paso Robles Community Facilities District No. 2026-1 (Beechwood - Facilities), County of San Luis Obispo, State of California” (herein referred to as “CFD No. 2026-1”). The improvement areas proposed to be designated within CFD No. 2026-1 shall be known as “Improvement Area No. 1” and “Improvement Area No. 2,” (individually, an “Improvement Area” or, collectively, the “Improvement Areas”).

Section 3. Description and Map of Boundaries. The boundaries of the proposed community facilities district and the proposed Improvement Areas therein are described and shown on the map entitled “Proposed Boundaries of City of Paso Robles Community Facilities District No. 2026-1 (Beechwood - Facilities), County of San Luis Obispo, State of California,” which is on file with the City Clerk, and attached hereto as Exhibit “C” and incorporated herein by this reference. Said map is hereby approved and, pursuant to Section 3110 of the California Streets and Highways Code, the City Clerk shall, after conforming with the other requirements of Section 3111 of said Code, record the original of said map in her office, and within 15 days of the adoption of this Resolution but not later than 15 days prior to the date of the public hearing set forth in Section 10 hereof shall file a copy of said map with the County Clerk-Recorder of the County of San Luis Obispo.

Section 4. Types of Facilities; Incidental Expenses.
(a) A general description of facilities proposed to be acquired or constructed and financed by CFD No. 2026-1 is set forth in Exhibit “A” attached hereto and incorporated herein by this reference (the “Facilities”). All of the Facilities have an estimated useful life of five (5) years or longer.
(b) The incidental expenses, as such term is defined in Section 53317(c) of the Act, which will be incurred may include, but not be limited to, (i) the cost of engineering, planning and designing such facilities and the cost of environmental evaluations thereof, (ii) all costs

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Attachment 1
associated with the formation of CFD No. 2026-1, issuance and administration of the bonds thereof, the determination of the amount of and collection of taxes, and the payment of taxes, and costs otherwise incurred in order to carry out the authorized purposes of CFD No. 2026-1, and (iii) any other expenses incidental to the construction, completion, acquisition, modification and inspection of the Facilities (the “Incidental Expenses”).

Section 5. Special Taxes and Appropriations Limit. It is the intention of the City Council that, except where funds are otherwise available, a special tax sufficient to finance the Facilities and related Incidental Expenses, including but not limited to the payment of interest on and principal of bonds to be issued to finance the acquisition and construction of the Facilities, secured by the recordation of a continuing lien against all taxable or nonexempt real property in each Improvement Area of CFD No. 2026-1, shall be annually levied within the boundaries of each such Improvement Area.

Particulars as to the rate and method of apportionment of the special taxes for each Improvement Area are set forth in the attached Exhibit “B” (each a “Rate and Method”), which is incorporated herein by this reference, which set forth in sufficient detail the rate and method of apportionment of the special taxes for each Improvement Area to allow each landowner or resident within each Improvement Area to clearly estimate the maximum amount that such person will have to pay, and specifies the conditions under which the obligation to pay the special taxes may be prepaid and permanently satisfied. Each Rate and Method also sets forth the tax year after which no further special taxes shall be levied or collected against any taxable parcel within the applicable Improvement Area.

Under no circumstances will the special taxes levied in any fiscal year against any parcel used for private residential purposes be increased as a consequence of delinquency or default by the owner of any other parcel or parcels within the same Improvement Area by more than ten percent (10%) above the amount that would have been levied in that fiscal year had there not been any such delinquencies or defaults. Further, the maximum authorized Special Tax for financing the acquisition and construction of the Facilities that may be levied against any parcel used for private residential purposes is specified in each Rate and Method as a dollar amount. A parcel shall be considered “used for private residential purposes” not later than the date on which an occupancy permit or the equivalent for private residential use is issued and for such parcel.

The conditions under which the obligation to pay the special taxes may be prepaid and permanently satisfied are as set forth in each Rate and Method.

Pursuant to Section 53340 of the Act, said special taxes shall be collected in the same manner and at the same time as ordinary ad valorem property taxes; provided however, that CFD No. 2026-1 may collect special taxes at a different time or in a different manner if necessary to meet its financial obligations, and may covenant to foreclose and may actually foreclose on delinquent assessor’s parcels as permitted by the Act.

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Attachment 1
Upon recordation of a notice of special tax lien pursuant to Section 3114.5 of the California Streets and Highways Code, a continuing lien to secure each levy of the special taxes shall attach to all non-exempt real property in each Improvement Area, and that lien shall continue in force and effect until the special tax obligation is prepaid and permanently satisfied and the lien is cancelled in accordance with law or until collection of the special taxes ceases.

It is the intention of the City Council, pursuant to Section 53325.7 of the Act, to establish the initial appropriations limit, as define by subdivision (h) of Section 8 of Article XIIIB of the California Constitution, for CFD No. 2026-1 in the amount of $10,000,000.

Section 6. Exempt Properties. Pursuant to Section 53340 of the Act, and except as provided in Section 53317.3 of the Act, properties of entities of the state, federal, and local governments shall be exempt from the levy of special taxes.

Section 7. Necessity. The City Council finds that the Facilities described in Section 4 hereof are necessary to meet increased demands placed upon the City as a result of new development occurring within the boundaries of proposed CFD No. 2026-1 and the Improvement Areas therein.

Section 8. Repayment of Funds Advanced or Work-in-Kind. Pursuant to Section 53314.9 of the Act, the City Council proposes to accept advances of funds or work-in-kind from private persons or private entities and to provide, by resolution, for the use of those funds or that workin-kind for any authorized purpose, including but not limited to, paying any costs incurred by the City in creating proposed CFD No. 2026-1, and to enter into one or more agreements, by resolution, with the persons or entities advancing the funds or work-in-kind to repay funds advanced, or to reimburse the persons or entities for the value, or cost, whichever is less, of the work-in-kind, as determined by the City Council.

Section 9. Prohibition of Owner Contracts. Pursuant to Section 53329.5 of the Act, the City Council finds that the public interest will not be served by allowing the owners of property within proposed CFD No. 2026-1 or each Improvement Area to enter into a contract in accordance with subdivision (a) of that section, and that such owners shall not be permitted to elect to perform the work and enter into a written contract with the City for the construction for the Facilities pursuant to said Section 53329.5.

Section 10. Hearing. A public hearing will be held by the City Council to consider the formation of proposed CFD No. 2026-1 and the Improvement Areas therein, the proposed levy of special taxes therein, the proposed rate, method of apportionment, and manner of collection of the special taxes, and all other matters as set forth in this Resolution, at 6:00 p.m. on September 1, 2026 in the Norris Meeting Room, located at Centennial Park, 600 Nickerson Drive, Paso Robles, California, or via teleconference as directed by the City. At such hearing, any persons interested, including all taxpayers, property owners, and registered voters within the proposed CFD No. 2026-1, may appear and be heard, and the testimony of all interested persons or taxpayers for or against the establishment of CFD No. 2026-1 and the levy of the special taxes,

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Attachment 1
or the extent of proposed CFD No. 2026-1, or the acquisition or construction of any of the Facilities proposed therefor, or the establishment of an appropriations limit therefor, or on any other matters set forth in this Resolution, will be heard and considered.

Any protests to the proposals in this Resolution may be made orally or in writing by any interest persons or taxpayers, except that any protests pertaining to the regularity or sufficiency of such proceedings shall be in writing and shall clearly set forth the irregularities and defects to which the objection is made. The City Council may waive any irregularities in the form or content of any written protest and at such public hearing may correct minor defects in such proceedings.

All written protests not presented in person by the protester at the public hearing shall be field with the City Clerk on or before the time fixed for the public hearing in order to be received and considered. Any written protest may be withdrawn in writing at any time before the conclusion of such public hearing.

If fifty percent (50%) or more of the registered voters, or six registered voters, whichever is more, residing within the territory proposed to be included in CFD No. 2026-1 and not exempt from the levy of special taxes, or the owners of one-half or more of the area of the land in said territory, file written protests against the formation of CFD No. 2026-1, and protests are not withdrawn so as to reduce the value of the protest to less than a majority, no further proceedings to create CFD No. 2026-1 or to levy the specified special taxes shall be taken for a period of one year from the date of the decision of the City Council. If a majority of protests of the registered voters or of the landowners are only against the furnishing of a specified type or types of Facilities within CFD No. 2026-1, those types of Facilities will be eliminated from the resolution of formation establishing CFD No. 2026-1.

The public hearing may be continued from time to time, but shall be completed within thirty (30) days, except that if the City Council finds that the complexity of CFD No. 2026-1 or the need for public participation requires additional time, the public hearing may be continued from time to time for a period not to exceed six (6) months.

At the conclusion of the public hearing, the City Council may abandon the proposed formation or may, after passing upon all protests, determine to proceed with establishing CFD No. 2026-1.

Section 11. Notice. The City Clerk shall publish a notice of the time and place of said hearing as required by Section 53322 of the Act, and may also give notice of the time and place of said hearing by first-class mail to each registered voter and to each landowner within each proposed Improvement Area as prescribed by Section 53322.4 of said Code. Said notice shall be published in a newspaper of general circulation within the boundaries of proposed CFD No. 2026- 1 at least seven (7) days before the date of the public hearing, and may be mailed, first-class postage prepaid, to each owner of land and each registered voter residing within the boundaries of CFD No. 2026-1 at least fifteen (15) days prior to the date of the public hearing, and each shall contain the information required by said Section 53322.

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Attachment 1
Section 12. Report. The officers of the City who will be responsible for providing the proposed Facilities to be provided within and financed by proposed CFD No. 2026-1 and the Improvement Areas therein, if established, are hereby directed to study proposed CFD No. 2026- 1, and, at or before the time of said hearing, file a report or reports with the City Council containing a brief description of the Facilities by type which will in their opinion be required to adequately meet the needs of the new development expected to occur within proposed CFD No. 2026-1 and their estimates of the fair and reasonable cost of providing the Facilities and the related Incidental Expenses to be incurred in connection therewith. All such reports shall be submitted to the City Council for its review, shall be available for inspection by the public, and shall be made a part of the record of the public hearing to be held pursuant to Section 10 hereof.

Section 13. Description of Voting Procedures. The voting procedures to be followed shall be pursuant to Section 53326 of the Act and pursuant to the applicable provisions of the California Election Code. If the City Council determines at the conclusion of the public hearing to proceed with the establishment of CFD No. 2026-1, it expects that the proposed voting proceeds will be by the landowners voting in accordance with the Act, as the City Council is informed that during the ninety (90) days prior to the date set for the hearing, there have been fewer than twelve (12) registered voters residing in the proposed boundaries of CFD No. 2026-1. The City Council hereby requires this information to be confirmed before ordering the election.

Section 14. This Resolution shall take effect from and after the date of its passage and adoption.

APPROVED this 21st day of July, 2026, by the following vote:

AYES:

NOES:

ABSENT:

ABSTAIN:

John R. Hamon, Jr., Mayor
ATTEST:

Melissa Martin, City Clerk
Exhibit A – Description of Authorized Facilities
Exhibit B – Rate and Method of Apportionment of Special Taxes for Improvement Areas 1 and 2 of City of Paso Robles.

Exhibit C – Boundary Map

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82472.04044\44747586.2
Exhibit A
A-1

EXHIBIT A

DESCRIPTION OF AUTHORIZED FACILITIES
The proposed types of facilities to be financed by CFD No. 2026-1 include:

Transportation facilities, park and recreation improvements and facilities, parkway and landscaping improvements, public safety facilities including police and fire buildings and equipment, public library and community center facilities, water, wastewater and storm drain improvements, street improvements, general governmental facilities, and dry utilities and all appurtenances and appurtenant work in connection with the foregoing facilities, including the cost of engineering, planning, designing, materials testing, coordination, construction staking, construction management and supervision for such facilities, and to finance the incidental expenses to be incurred, including:
a. The cost of engineering, planning and designing the Facilities; b. All costs, including costs of the property owner petitioning to form the District, associated with the creation of the District, the issuance of the bonds, the determination of the amount of special taxes to be levied and costs otherwise incurred in order to carry out the authorized purposes of the District; and
c. Any other expenses incidental to the construction, acquisition, modification, rehabilitation, completion and inspection of the Facilities.

CFD No. 2026-1 is authorized to finance any capital improvement fee imposed by any local agency pursuant to Section 53313.5 of the Mello-Roos Act that serves or is required for the project.

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1 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 2) (Beechwood - Facilities)

RATE AND METHOD OF APPORTIONMENT OF SPECIAL TAXES
IMPROVEMENT AREA NO. 2 OF CITY OF PASO ROBLES
COMMUNITY FACILITIES DISTRICT NO. 2026-1
(BEECHWOOD - FACILITIES)
A Special Tax as hereinafter defined shall be levied on all Assessor’s Parcels in Improvement Area No. 2 of City of Paso Robles Community Facilities District No. 2026-1 (Beechwood - Facilities) ("CFD No. 2026-1 (IA No. 2)") and collected each Fiscal Year commencing in Fiscal Year 2025-2026, in an amount determined by the Council, through the application of this Rate and Method of Apportionment as described below. All of the real property in CFD No. 2026-1 (IA No. 2), unless exempted by law or by the provisions hereof, shall be taxed for the purposes, to the extent and in the manner herein provided.

A DEFINITIONS
The terms hereinafter set forth have the following meanings:
"Acre" or "Acreage" means the land area of an Assessor’s Parcel as shown on an Assessor’s Parcel Map, or if the land area is not shown on an Assessor’s Parcel Map, the land area shown on the applicable Final Map, parcel map, condominium plan, or other recorded County parcel map.
"Act" means the Mello-Roos Community Facilities Act of 1982, as amended, being Chapter 2.5, of Part 1 of Division 2 of Title 5 of the Government Code of the State of California.
"Administrative Expenses" means the following actual or reasonably estimated costs directly related to the administration of CFD No. 2026-1 (IA No. 2): the costs of computing the Special Taxes and preparing the annual Special Tax collection schedules (whether by the City or designee thereof or both); the costs of collecting the Special Taxes (whether by the City or otherwise); the costs of remitting the Special Taxes to the Trustee; the costs of the Trustee (including its legal counsel) in the discharge of the duties required of it under the Indenture; the costs to the City, CFD No. 2026-1 (IA No. 2) or any designee thereof of complying with arbitrage rebate requirements; the costs to the City, CFD No. 2026-1 (IA No. 2) or any designee thereof of complying with City, CFD No. 2026-1 (IA No. 2), major property owner, or obligated persons disclosure requirements associated with applicable federal and state securities laws and of the Act; the costs associated with preparing Special Tax disclosure statements and responding to public inquiries regarding the Special Taxes; the costs of the City, CFD No. 2026-1 (IA No. 2), or any designee thereof related to an appeal of the Special Tax; the costs associated with the release of funds from an escrow account; and the City’s annual administration fees and third party expenses. Administrative Expenses shall also include amounts estimated or advanced by the City or CFD No. 2026-1 (IA No. 2) for any other administrative purposes of CFD No. 2026-1 (IA No. 2), including attorney’s fees and other costs related to commencing and pursuing to completion any foreclosure, or otherwise addressing the disposition of delinquent Special Taxes. "Assessor’s Parcel" means any real property to which an Assessor’s Parcel Number is assigned as shown on an Assessor’s Parcel Map.

Exhibit B

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2 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 2) (Beechwood - Facilities)
"Assessor’s Parcel Map" means an official map of the County Assessor of the County designating parcels by Assessor’s Parcel Number.
"Assessor’s Parcel Number" means that number assigned to an Assessor’s Parcel by the County for purposes of identification.
"Assigned Special Tax" means the Special Tax for each Land Use Class of Developed Property, as determined in accordance with Section C below. “Authorized Facilities” means the facilities authorized to be financed by CFD No. 2026-1 (IA No. 2).
"Backup Special Tax" means the Special Tax of that name described in Section C below.
"Bonds" means any bonds or other debt as defined in Section 53317(d) of the Act, whether in one or more series, issued by CFD No. 2026-1 (IA No. 2) under the Act. "Boundary Map" means a recorded map which indicates the boundaries of CFD No. 2026-1 (IA No. 2).
"Building Permit" means the first legal document issued by the City giving official permission for the construction of a building on an Assessor’s Parcel. For purposes of this definition and application of the Special Tax, “Building Permit” may or may not include any subsequent building permits issued or changed after the first issuance, as determined by the CFD Administrator.
"Calendar Year" means the period commencing January 1 of any year and ending the following December 31.
"CFD Administrator" means an official of the City, or designee thereof, responsible for determining the Special Tax Requirement and providing for the levy and collection of the Special Taxes.
"CFD No. 2026-1 (IA No. 2)" means the Improvement Area No. 2 of City of Paso Robles Community Facilities District No. 2026-1 (Beechwood – Facilities). “City” means the City of Paso Robles.
"Council" means the City Council.
"County" means the County of San Luis Obispo.
"Developed Property" means, for each Fiscal Year, all Taxable Property in CFD No. 2026-1 (IA No. 2), located within a Final Map that was recorded as of January 1 of the prior Fiscal Year, for which a Building Permit was issued prior to May 1 of the prior Fiscal Year.
“Dwelling Unit” means one residential unit of any configuration, including, but not limited to, a single-family attached or detached dwelling, condominium, mobile home, or otherwise, excluding hotels and motels. A casita or accessory dwelling unit (“ADU”) of any configuration shall not be counted as a separate Dwelling Unit for purposes of this Rate and Method of Apportionment.
“Exempt Welfare Exemption Property” means, for each Fiscal Year, an Assessor’s Parcel that, prior to the issuance of Bonds, received a welfare exemption under subdivision (g) of Section 214 of the California Revenue and Taxation Code (or any Exhibit B

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3 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 2) (Beechwood - Facilities)
successor statute), as indicated in the County’s assessor’s roll finalized as of January 1 of the previous Fiscal Year, and is exempt from the Special Tax pursuant to Section 53340(c) of the Act.
"Final Map" means (i) a final map, or portion thereof, approved by the County pursuant to the Subdivision Map Act (California Government Code Section 66410 et seq.) that creates individual lots or parcels for which Building Permits may be issued without further subdivision, or (ii) for condominiums, a final map approved by the County and a condominium plan recorded pursuant to California Civil Code Section 4285 creating such individual lots or parcels.
"Final Mapped Property" means all Assessor’s Parcels of Taxable Property: (i) that are included in a Final Map recorded prior to the January 1st preceding the Fiscal Year in which the Special Tax is being levied; and (ii) for which a Building Permit has not been issued on or before May 1 preceding the Fiscal Year in which the Special Tax is being levied.
"Fiscal Year" means the period starting July 1 and ending on the following June 30. "Indenture" means the indenture, fiscal agent agreement, resolution, or other instrument pursuant to which Bonds are issued, as modified, amended and/or supplemented from time to time.
"Land Use Class" means any of the categories listed in Table 1 herein. "Maximum Special Tax" means the maximum Special Tax, determined in accordance with Section C below, that can be levied in any Fiscal Year on any Assessor’s Parcel within CFD No. 2026-1 (IA No. 2).
“Non-Residential Floor Area” means the total building square footage of the nonresidential building(s) located on an Assessor’s Parcel, measured from outside wall to outside wall, not including space devoted to stairwells, public restrooms, lighted courts, vehicle parking and areas incident thereto, and mechanical equipment incidental to the operation of such building. The determination of Non-Residential Floor Area shall be made by reference to the Building Permit(s) issued for such Assessor’s Parcel and/or to the appropriate records kept by the City, as reasonably determined by the CFD Administrator.
"Non-Residential Property" means all Assessor's Parcels of Taxable Property for which a Building Permit(s) was issued for a non-residential use. The CFD Administrator shall make the determination if an Assessor’s Parcel is Non-Residential Property.
"Outstanding Bonds" means all Bonds which are deemed to be outstanding under the Indenture.
"Partial Prepayment Amount" means the amount required to prepay a portion of the Special Tax obligation for an Assessor’s Parcel, as described in Section G.2. "Prepayment Amount" means the amount required to prepay the Special Tax obligation in full for an Assessor’s Parcel, as described in Section G.1. “Property Owner’s Association” means, collectively, any property owner association or homeowners association, including any master or sub-association, created for CFD No. 2026-1 (IA No. 2).

Exhibit B

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4 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 2) (Beechwood - Facilities)
"Property Owner Association Property" means, for each Fiscal Year, any property within the boundaries of CFD No. 2026-1 (IA No. 2) that was owned by a Property Owner Association, as of January 1 of the prior Fiscal Year. "Proportionately" means, for Developed Property, that the ratio of the actual Special Tax levy to the Assigned Special Tax is equal for all Assessor’s Parcels of Developed Property. For Undeveloped Property, "Proportionately" means that the ratio of the actual Special Tax levy per Acre to the Maximum Special Tax per Acre is equal for all Assessor’s Parcels of Undeveloped Property. For Taxable Property Owner Association Property, "Proportionately" means that the ratio of the actual Special Tax levy per Acre to the Maximum Special Tax per Acre is equal for all Assessor’s Parcels of Taxable Property Owner Association Property. For Taxable Public Property, "Proportionately" means that the ratio of the actual Special Tax levy per Acre to the Maximum Special Tax per Acre is equal for all Assessor’s Parcels of Taxable Public Property.
"Public Property" means, for each Fiscal Year, any property within CFD No. 2026-1 (IA No. 2) that is owned by, irrevocably offered for dedication to, or dedicated to the federal government, the State, the City, or any other public agency as of June 30 of the prior Fiscal Year; provided however that any property leased by a public agency to a private entity and subject to taxation under Section 53340.1 of the Act shall be taxed and classified in accordance with its use. To ensure that property is classified as Public Property in the first Fiscal Year after it is acquired by, irrevocably offered for dedication to, or dedicated to a public agency, the property owner shall notify the CFD Administrator in writing of such acquisition, offer, or dedication not later than June 30 of the Fiscal Year in which the acquisition, offer, or dedication occurred. “Rate and Method of Apportionment” means this Rate and Method of Apportionment of Special Taxes, City of Paso Robles, Community Facilities District No. 2026-1 (Beechwood - Facilities).
"Residential Floor Area" means all of the square footage of living area within the perimeter of a Dwelling Unit, not including any carport, walkway, garage, overhang, patio, enclosed patio, or similar area. The CFD Administrator shall determine the Residential Floor Area based upon the Building Permit(s) issued for such Dwelling Unit.
"Residential Property" means Developed Property, for which a Building Permit has been issued for purposes of constructing one or more Dwelling Units. "Special Tax" means a special tax levied in any Fiscal Year to pay the Special Tax Requirement.
“Special Tax Requirement” means that amount required in any Fiscal Year to: (i) pay debt service on all Outstanding Bonds; (ii) pay periodic costs on the Bonds, including but not limited to, credit enhancement and rebate payments on the Bonds; (iii) pay Administrative Expenses; (iv) pay any amounts required to establish or replenish any reserve funds for all Outstanding Bonds to the extent such establishment or replenishment has not been included in a computation of the Special Tax Requirement in a previous Fiscal Year; (v) pay directly for the acquisition or construction of Authorized Facilities to the extent that inclusion of such amount does not increase the Special Tax levy on Final Mapped Property or Undeveloped Exhibit B

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5 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 2) (Beechwood - Facilities)
Property; and (vi) pay for reasonably anticipated Special Tax delinquencies based on the historical delinquency rate for CFD No. 2026-1 (IA No. 2) as determined by the CFD Administrator; less (vii) a credit for funds available to reduce the annual Special Tax levy, as determined by the CFD Administrator pursuant to the Indenture. "State" means the State of California.
"Taxable Property" means all of the Assessor’s Parcels within the boundaries of CFD No. 2026-1 (IA No. 2) which are not exempt from the Special Tax pursuant to law or Section E below.
"Taxable Property Owner Association Property" means all Assessor’s Parcels of Property Owner Association Property that are not exempt pursuant to Section E below.
"Taxable Public Property" means all Assessor’s Parcels of Public Property that are not exempt pursuant to Section E below.
“Total Floor Area” means the sum of the Residential Floor Area and the NonResidential Floor Area located on an Assessor’s Parcel. "Trustee" means the trustee or fiscal agent under the Indenture. "Undeveloped Property” means all Assessor’s Parcels of Taxable Property which are not Developed Property, Final Mapped Property, Public Property, or Property Owner’s Association Property.

B ASSIGNMENT TO LAND USE CLASSES
Each Fiscal Year, beginning with Fiscal Year 2025-2026, each Assessor’s Parcel of Taxable Property shall be classified as Developed Property, Final Mapped Property, Undeveloped Property, Public Property and/or Property Owner’s Association Property.

Assessor’s Parcels of Developed Property shall further be classified as Residential Property or Non-Residential Property. Each Assessor’s Parcel of Residential Property shall be further categorized into Land Use Classes based on its Residential Floor Area and assigned the appropriate Assigned Special Tax.

The determination of the Residential Floor Area shall be made by reference to the original Building Permit issued for the Dwelling Unit of an Assessor’s Parcel. The Building Permit may include any subsequent document(s) authorizing new construction on an Assessor’s Parcel that are issued or changed by the City after the original issuance, as determined by the CFD Administrator as necessary to fairly allocate Special Tax to the Assessor’s Parcel, provided that following such determination the Maximum Special Tax that may be levied on all Assessor’s Parcels of Taxable Property in each year will be at least 1.1 times annual debt service on all outstanding Bonds plus the estimated annual Administrative Expenses in each year.

C MAXIMUM SPECIAL TAX RATE
C.1 Developed Property
The Maximum Special Tax for each Assessor’s Parcel classified as Developed Property shall be the greater of (i) the amount derived by application of the Assigned Special Tax or (ii) the amount derived by application of the Backup Special Tax.

Exhibit B

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6 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 2) (Beechwood - Facilities)
Assigned Special Tax
Each Fiscal Year, each Assessor’s Parcel of Residential Property or Non-Residential Property shall be subject to an Assigned Special Tax. The Assigned Special Tax applicable to an Assessor's Parcel of Developed Property shall be determined pursuant to Table 1 below.

Table 1: Assigned Special Tax for Developed Property
Land Use
Class Description Assigned Special Tax
1 RESIDENTIAL PROPERTY (> 2,500 SF) $5,985 PER DWELLING UNIT 2 RESIDENTIAL PROPERTY (2,300 - 2,500 SF) $5,569 PER DWELLING UNIT 3 RESIDENTIAL PROPERTY (2,100 - 2,300 SF) $5,153 PER DWELLING UNIT 4 RESIDENTIAL PROPERTY (1,900 - 2,100 SF) $4,738 PER DWELLING UNIT 5 RESIDENTIAL PROPERTY (1,700 - 1,900 SF) $4,392 PER DWELLING UNIT 6 RESIDENTIAL PROPERTY (1,500 - 1,700 SF) $4,066 PER DWELLING UNIT RESIDENTIAL PROPERTY (<= 1,500 SF) $3,699 PER DWELLING UNIT 7 NON-RESIDENTIAL PROPERTY $42,800 PER ACRE
Backup Special Tax
The Backup Special Tax for each Assessor’s Parcel of Residential Property in a Final Map shall be computed by multiplying the Acreage of all Taxable Property (excluding Acreage associated with current or expected Non-Residential Property, Taxable Public Property, or Taxable Property Owner Association Property, if any) in such Final Map by $43,265, and dividing the product by the number of such Assessor’s Parcels (i.e., the number of residential lots) in such Final Map.

Notwithstanding the foregoing, if all or any portion of a Final Map is subsequently changed or modified, then the Backup Special Tax for each Assessor’s Parcel of Residential Property in such Final Map, or the portion thereof that is changed or modified, shall be a rate per Acre calculated as follows:

1. Determine the total Backup Special Taxes anticipated to apply to the changed or modified portion of the Final Map prior to the change or modification.

2. Divide the amount determined pursuant to paragraph 1 above by the total Acreage of Residential Property excluding Non-Residential Property, Taxable Public Property, and Taxable Property Owner Association Property which is ultimately expected to exist in such changed or modified Final Map area, as reasonably determined by the CFD Administrator.

3. The result is the Backup Special Tax per Acre which shall be applicable to all Assessor's Parcels of Residential Property in such changed or modified Final Map.

C.2 Final Mapped Property
The Maximum Special Tax for each Assessor’s Parcel of Final Mapped Property expected to be classified as Residential Property shall be the Backup Special Tax computed pursuant to Section C.1.b above.

C.3 Undeveloped Property, Taxable Property Owner Association Property, Exhibit B

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7 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 2) (Beechwood - Facilities)
and/or Taxable Public Property.

The Maximum Special Tax for each Assessor’s Parcel of Undeveloped Property, Taxable Property Owner Association Property, or Taxable Public Property shall be $43,265 per Acre.

C.4 Multiple Land Use Classes
In some instances, an Assessor’s Parcel of Developed Property may contain more than one Land Use Class. The annual Maximum Special Taxes levied on an Assessor’s Parcel shall be the sum of the Maximum Special Taxes for all Land Use Classes located on that Assessor’s Parcel. If an Assessor’s Parcel of Developed Property includes Non-Residential Property, the Acreage to be assigned to such property for purposes of establishing the Special Tax shall be an amount proportional to the Total Floor Area associated with Non-Residential Property, as applicable. Furthermore, for a condominium plan, if only a portion of its Building Permits have been issued, the remaining portion of the condominium plan shall be considered Final Mapped Property. The CFD Administrator’s allocation to each type of property shall be final.

D APPORTIONMENT OF THE SPECIAL TAX
Commencing with Fiscal Year 2025-2026 and for each following Fiscal Year, the Council shall determine the Special Tax Requirement and shall levy the Special Tax until the total Special Tax levy equals the Special Tax Requirement. The Special Tax shall be levied each Fiscal Year as follows:

First: The Special Tax shall be levied Proportionately on each Assessor’s Parcel of Developed Property up to 100% of the applicable Assigned Special Tax to satisfy the Special Tax Requirement.

Second: If additional monies are needed to satisfy the Special Tax Requirement after the first step has been completed, the Special Tax shall be levied Proportionately on each Assessor’s Parcel of Final Mapped Property at up to 100% of the Maximum Special Tax applicable to each such Assessor’s Parcel as needed to satisfy the Special Tax Requirement.

Third: If additional monies are needed to satisfy the Special Tax Requirement after the first two steps have been completed, the Special Tax shall be levied Proportionately on each Assessor’s Parcel of Undeveloped Property up to 100% of the Maximum Special Tax applicable to each such Assessor’s Parcel as needed to satisfy the Special Tax Requirement.

Fourth: If additional monies are needed to satisfy the Special Tax Requirement after the first three steps have been completed, the Special Tax on each Assessor's Parcel of Developed Property whose Maximum Special Tax is the Backup Special Tax shall be increased Proportionately from the Assigned Special Tax up to 100% of the Maximum Special Tax as needed to satisfy the Special Tax Requirement.

Fifth: If additional monies are needed to satisfy the Special Tax Requirement after the first four steps have been completed, the Special Tax shall be levied Proportionately on each Assessor’s Parcel of Taxable Property Owner Association Property up to 100% of the Maximum Special Tax applicable to each such Assessor’s Parcel as needed to satisfy the Special Tax Requirement.

Exhibit B

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8 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 2) (Beechwood - Facilities)
Sixth: If additional monies are needed to satisfy the Special Tax Requirement after the first five steps have been completed, the Special Tax shall be levied Proportionately on each Assessor’s Parcel of Taxable Public Property up to 100% of the Maximum Special Tax applicable to each such Assessor’s Parcel as needed to satisfy the Special Tax Requirement.

Notwithstanding the above, under no circumstances will the Special Taxes levied in any Fiscal Year against any Assessor’s Parcel of Residential Property as a result of a delinquency in the payment of the Special Tax applicable to any other Assessor’s Parcel be increased by more than 10% above the amount that would have been levied in that Fiscal Year had there never been any such delinquency or default.

E EXEMPTIONS
No Special Tax shall be levied on Acres of Property Owner Association Property or Public Property in CFD No. 2026-1 (IA No. 2) provided that an Assessor’s Parcel shall not be exempt and shall be classified as Taxable Property Owner Association Property and Taxable Public Property if exempting such property would reduce the sum of all Taxable Property to less than 18.17 Acres. Tax-exempt status will be assigned by the CFD Administrator in the chronological order in which such Assessor’s Parcels or portions thereof within CFD No. 2026-1 (IA No. 2) become Public Property or Property Owner Association Property.

However, should an Assessor’s Parcel no longer be classified as Public Property or Property Owner Association Property, it will, from that point forward, be subject to the Special Tax.

Property Owner Association Property or Public Property that is not exempt from the Special Tax under this section shall be subject to the levy of the Special Tax and shall be taxed Proportionately as part of the fifth step and sixth step in Section D above, respectively, at up to 100% of the applicable Maximum Special Tax for Taxable Property Owner Association Property or Taxable Public Property.

In addition, no Special Tax shall be levied on any Assessor’s Parcel in any Fiscal Year in which such Assessor’s Parcel is classified as Exempt Welfare Exemption Property.

F APPEALS AND INTERPRETATIONS
Any taxpayer may file a written appeal of the Special Tax on his/her property with the CFD Administrator, provided that the appellant is current in his/her payments of Special Taxes.

During the pendency of an appeal, all Special Taxes previously levied must be paid on or before the payment date established when the levy was made. The appeal must specify the reasons why the appellant claims the Special Tax is in error. The CFD Administrator shall review the appeal, meet with the appellant if the CFD Administrator deems necessary, and advise the appellant of its determination. If the CFD Administrator agrees with the appellant, the CFD Administrator shall eliminate or reduce the Special Tax on the appellant’s property.

If the CFD Administrator disagrees with the appellant and the appellant is dissatisfied with the determination, the appellant then has 30 days in which to appeal to the Council by filing a written notice of appeal with the clerk of the Council, provided that the appellant is current in his/her payments of Special Taxes. The second appeal must specify the reasons for the disagreement with the CFD Administrator’s determination.

Interpretations may be made by the Council by ordinance or resolution for purposes of clarifying any vagueness or ambiguity in this Rate and Method of Apportionment.

Exhibit B

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9 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 2) (Beechwood - Facilities)

G PREPAYMENT
The following additional definitions apply to this Section G:
“CFD Public Facilities” means $10,040,000 or such lower amount (i) authorized by the Council to provide the public facilities to be funded under CFD No. 2026-1 (IA No. 2), or (ii) determined by the Council concurrently with a covenant that it will not issue any more Bonds to be supported by the Special Tax levied under this Rate and Method of Apportionment.
“Construction Fund” means a fund held by the Trustee to fund CFD Public Facilities. “Future Facilities Cost” means the CFD Public Facilities minus public facility costs previously funded, or that can be funded from funds in the Construction Fund. “Outstanding Bonds” means all previously issued Bonds secured by the levy of the Special Tax which will remain outstanding after the first interest and/or principal payment date following the current Fiscal Year, excluding Bonds to be redeemed at a later date with the proceeds of prior prepayments of the Special Tax.

G.1 Prepayment in Full
The Maximum Special Tax obligation may be prepaid and permanently satisfied for (i) Assessor’s Parcels of Developed Property, (ii) Assessor’s Parcels of Final Mapped Property or Undeveloped Property for which a Building Permit has been issued, (iii) Assessor’s Parcels of Final Mapped Property or Undeveloped Property for which a Building Permit has not been issued; and (iv) Assessor’s Parcels of Public Property or Property Owner’s Association Property that are not exempt pursuant to Section E.

The Maximum Special Tax obligation applicable to an Assessor’s Parcel may be fully prepaid and the obligation to pay the Special Tax for such Assessor’s Parcel permanently satisfied as described herein; provided that a prepayment may be made only if there are no delinquent Special Taxes with respect to such Assessor’s Parcel at the time of prepayment. An owner of an Assessor’s Parcel intending to prepay the Maximum Special Tax obligation for such Assessor’s Parcel shall provide the CFD Administrator with written notice of intent to prepay, and within 5 business days of receipt of such notice, the CFD Administrator shall notify such owner of the amount of the non-refundable deposit determined to cover the cost to be incurred by CFD No. 2026-1 (IA No. 2) in calculating the Prepayment Amount (as defined below) for the Assessor’s Parcel. Within 15 days of receipt of such non-refundable deposit, the CFD Administrator shall notify such owner of the Prepayment Amount for the Assessor’s Parcel. Prepayment must be made not less than 60 days prior to the redemption date for any Bonds to be redeemed with the proceeds of such Prepayment Amount.

The Prepayment Amount shall be calculated as follows (capitalized terms are defined below):

Prepayment Amount
Bond Redemption Amount
plus Redemption Premium
plus Future Facilities Amount
plus Defeasance Amount
Exhibit B

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10 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 2) (Beechwood - Facilities)
plus Administrative Fees and Expenses
less Reserve Fund Credit
less Capitalized Interest Credit
Total: equals Special Tax Prepayment Amount
The Prepayment Amount shall be determined as of the proposed prepayment date as follows:

1. Confirm that no Special Tax delinquencies apply to such Assessor’s Parcel.

2. For an Assessor’s Parcel of Developed Property, compute the Maximum Special Tax for the Assessor’s Parcel. For an Assessor’s Parcel of Final Mapped Property or Undeveloped Property for which a Building Permit has been issued, compute the Maximum Special Tax for the Assessor’s Parcel as though it was already designated as Developed Property, based upon the Building Permit which has been issued for the Assessor’s Parcel. For an Assessor’s Parcel of Final Mapped Property or Undeveloped Property for which a Building Permit has not been issued, Public Property or Property Owner’s Association Property to be prepaid, compute the Maximum Special Tax for the Assessor’s Parcel.

3. Divide the Maximum Special Tax derived pursuant to paragraph 2 by the total amount of Special Taxes that could be levied at the Maximum Special Tax at build out of all Assessor’s Parcels of Taxable Property based on the applicable Maximum Special Tax for Assessor’s Parcels of Developed Property not including any Assessor’s Parcels for which the Special Tax obligation has been previously prepaid.

4. Multiply the quotient derived pursuant to paragraph 3 by the principal amount of the Outstanding Bonds to determine the amount of Outstanding Bonds to be redeemed with the Prepayment Amount (the “Bond Redemption Amount”).

5. Multiply the Bond Redemption Amount by the applicable redemption premium, if any, on the Outstanding Bonds to be redeemed (the “Redemption Premium”).

6. Determine the Future Facilities Cost.

7. Multiply the quotient derived pursuant to paragraph 3 by the amount determined pursuant to paragraph 6 to determine the amount of Future Facilities Costs for the Assessor’s Parcel, which amount shall not be less than $0 (the “Future Facilities Amount”).

8. Determine the amount needed to pay interest on the Bond Redemption Amount from the first bond interest payment date following the current Fiscal Year until the earliest redemption date for the Outstanding Bonds on which Bonds can be redeemed from the Prepayment Amount.

9. Determine the Special Tax levied on the Assessor’s Parcel in the current Fiscal Year which has not yet been paid.

10. Determine the amount the CFD Administrator reasonably expects to derive Exhibit B

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11 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 2) (Beechwood - Facilities)
from the investment of the Bond Redemption Amount and the Redemption Premium from the date of prepayment until the redemption date for the Outstanding Bonds to be redeemed with the Prepayment Amount.

11. Add the amounts derived pursuant to paragraphs 8 and 9 and subtract the amount derived pursuant to paragraph 10 (the “Defeasance Amount”).

12. Verify the administrative fees and expenses of CFD No. 2026-1 (IA No. 2), including the cost of computation of the Prepayment Amount, the cost to invest the Prepayment Amount, the cost of redeeming the Outstanding Bonds, and the cost of recording notices to evidence the prepayment of the Maximum Special Tax obligation for the Assessor’s Parcel and the redemption of Outstanding Bonds (the “Administrative Fees and Expenses”).

13. The reserve fund credit (the “Reserve Fund Credit”) shall equal the lesser of:
(a) the expected reduction in the reserve requirement (as defined in the Indenture), if any, associated with the redemption of Outstanding Bonds as a result of the Prepayment Amount, or (b) the amount derived by subtracting the new reserve requirement (as defined in the Indenture) in effect after the redemption of Outstanding Bonds as a result of the Prepayment Amount from the balance in the reserve fund on the prepayment date, but in no event shall such amount be less than zero.

14. If any capitalized interest for the Outstanding Bonds will not have been expended at the time of the first interest payment following the current Fiscal Year, the capitalized interest credit (the “Capitalized Interest Credit”) shall be calculated by multiplying the quotient derived pursuant to paragraph 3 by the expected balance in the capitalized interest account after such first interest payment.

15. The Prepayment Amount is equal to the sum of the Bond Redemption Amount, the Redemption Premium, the Future Facilities Amount, the Defeasance Amount and the Administrative Fees and Expenses, less the Reserve Fund Credit, less the Capitalized Interest Credit.

16. From the Prepayment Amount, the Bond Redemption Amount, the Redemption Premium, and Defeasance Amount shall be deposited into the appropriate fund as established under the Indenture and be used to redeem Outstanding Bonds or make debt service payments. The Future Facilities Amount shall be deposited into the Construction Fund. The Administrative Fees and Expenses shall be retained by CFD No. 2026-1 (IA No. 2).

The Prepayment Amount may not be sufficient to redeem an aggregate principal amount of Outstanding Bonds which is equally divisible by $5,000. In such event, the increment above $5,000 or an integral multiple thereof will be retained in the appropriate fund established under the Indenture to be used with the next redemption from other Special Tax prepayments of Outstanding Bonds or to make debt service payments.

As a result of the payment of the current Fiscal Year’s Special Tax levy as determined pursuant to paragraph 9 above, the CFD Administrator shall remove the current Fiscal Year’s Special Tax levy for the Assessor’s Parcel from the County tax roll. With respect to any Assessor’s Parcel for which the Maximum Special Tax obligation is Exhibit B

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12 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 2) (Beechwood - Facilities)
prepaid, the Council shall cause a suitable notice to be recorded in compliance with the Act, to indicate the prepayment of Maximum Special Tax obligation and the release of the Special Tax lien for the Assessor’s Parcel, and the obligation to pay the Special Tax for such Assessor’s Parcel shall cease.

Notwithstanding the foregoing, no Special Tax prepayment shall be allowed unless the amount of Maximum Special Tax that may be levied on all Assessor’s Parcels of Taxable Property after the proposed prepayment will be at least 1.1 times maximum annual debt service on the Bonds that will remain outstanding after the prepayment plus the estimated annual Administrative Expenses.

G.2 Prepayment in Part
The Maximum Special Tax obligation for (i) Assessor’s Parcels of Developed Property, (ii) Assessor’s Parcels of Final Mapped Property or Undeveloped Property for which a Building Permit has been issued, (iii) Assessor’s Parcels of Final Mapped Property or Undeveloped Property for which a Building Permit has not been issued; and (iv) Assessor’s Parcels of Public Property or Property Owner’s Association Property that are not exempt pursuant to Section E, may be partially prepaid. For purposes of determining the partial prepayment amount, the provisions of Section G.1 shall be modified as provided by the following formula:

PP = ((PE –A) x F) +A
These terms have the following meaning:

PP = The partial prepayment;
PE = The Prepayment Amount calculated according to Section G.1; F = The percent by which the owner of the Assessor’s Parcel(s) is partially prepaying the Special Tax obligation; and
A = The Administrative Fees and Expenses determined pursuant to Section G.1.

The owner of an Assessor’s Parcel who desires to partially prepay the Maximum Special Tax obligation for the Assessor’s Parcel shall notify the CFD Administrator of (i) such owner’s intent to partially prepay the Maximum Special Tax obligation, (ii) the percentage of the Maximum Special Tax obligation such owner wishes to prepay, and (iii) the company or agency that will be acting as the escrow agent, if any. Within 5 days of receipt of such notice, the CFD Administrator shall notify such property owner of the amount of the non-refundable deposit determined to cover the cost to be incurred by CFD No. 2026-1 (IA No. 2) in calculating the amount of a partial prepayment. Within 15 business days of receipt of such non-refundable deposit, the CFD Administrator shall notify such owner of the amount of the Partial Prepayment for the Assessor’s Parcel. A Partial Prepayment must be made not less than 60 days prior to the redemption date for the Outstanding Bonds to be redeemed with the proceeds of the Partial Prepayment Amount.

With respect to any Assessor’s Parcel for which the Maximum Special Tax obligation is partially prepaid, the CFD Administrator shall (i) distribute the Partial Prepayment Amount as provided in Paragraph 16 of Section G.1, and (ii) indicate in the records of CFD No. 2026-1 (IA No. 2) that there has been a Partial Prepayment for the Assessor’s Parcel and that a portion of the Special Tax obligation equal to the remaining Exhibit B

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13 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 2) (Beechwood - Facilities)
percentage (1.00 - F) of Special Tax obligation will continue on the Assessor’s Parcel pursuant to Section D.

H SPECIAL TAX REDUCTION
The following definitions apply to this Section H:
"Base Price" means the minimum price at which Dwelling Units within a given Plan Type have sold or are expected to be sold in a normal marketing environment and shall not include prices of such Dwelling Units that are sold at a discount to expected sales prices for the purpose of stimulating the initial sales activity with respect to such Plan Type. If such information is not available, means the base price of such Dwelling Units, estimated by an MAI Appraiser or Price Point Consultant as of such date, based upon their actual or expected characteristics, such as living area, view, or lot size, but excluding potential appreciation or premiums, options or upgrades. "Plan Type" means a discrete residential plan type generally consisting of residential Dwelling Units that share a common product type (e.g., detached, attached) and that have nearly identical amounts of living area, that is constructed or expected to be constructed within CFD No. 2026-1 (IA No. 2) or the surrounding area as identified in the appraisal or Price Point Study.
"Price Point Consultant" means any consultant or firm of such consultants selected by CFD No. 2026-1 (IA No. 2) that (a) has substantial experience in performing price point studies or otherwise estimating or confirming pricing for Dwelling Units within community facilities districts, (b) is well versed in analyzing economic and real estate data that relates to the pricing of Dwelling Units in community facilities districts, (c) is independent and not under the control of CFD No. 2026-1 (IA No. 2), the City, or the developer, (d) does not have any substantial interest, direct or indirect, with or in CFD No. 2026-1 (IA No. 2), the City, any owner of real property in CFD No. 2026-1 (IA No. 2), or any real property in CFD No. 2026-1 (IA No. 2), and (e) is not connected with CFD No. 2026-1 (IA No. 2) or the City as an officer or employee thereof, but who may be regularly retained to make reports to CFD No. 2026-1 (IA No. 2) or the County. "Price Point Study" means a price point study or a letter updating a previous price point study, which (a) has been prepared by the Price Point Consultant, (b) sets forth the Plan Types constructed or expected to be constructed within CFD No. 2026-1 (IA No. 2), (c) sets forth the estimated number of constructed and expected Dwelling Units for each Plan Type, (d) sets forth estimates of the Base Price for each Plan Type and (e) uses a date for establishing such Base Prices that is no earlier than 30 days prior to the date the Price Point Study is delivered to the CFD Administrator pursuant to Section H herein.
"Total Effective Tax Rate" means, for a Plan Type, (a) the Total Tax Burden for such Plan Type divided by (b) the Base Price for such Plan Type, converted to a percentage. "Total Effective Tax Rate Limit" means 1.80%.
"Total Tax Burden” means, with respect to a Plan Type, for the Fiscal Year for which the calculation is being performed, the sum of the Assigned Special Tax and estimated ad valorem property taxes, special assessments, special taxes for any overlapping community facilities districts, and any other governmental taxes, fees and charges levied or imposed on Dwelling Units of such Plan Type in CFD No. 2026- Exhibit B

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14 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 2) (Beechwood - Facilities)
1 (IA No. 2) in such Fiscal Year or that would have been levied on all such Dwelling Units had these Dwelling Units been subject to such levies (excluding homeowner’s association dues and Property Assessed Clean Energy (“PACE”) charges imposed pursuant to AB 811 or SB 555, that are levied on individual Assessor’s Parcels, or any other charges applicable to the Assessor’s Parcels initiated by the homeowner after the close of escrow).

At least 30 days prior to the issuance of the first series of Bonds, the following steps shall be taken for each Land Use Class of for-sale Residential Property in CFD No. 2026-1 (IA No. 2) for evaluating the Special Tax:

Step No.:

1. The CFD Administrator shall determine whether or not the Total Effective Tax Rate for all Plan Types in a Land Use Class is less than or equal to the Total Effective Tax Rate Limit for each Land Use Class of for-sale Residential Property in CFD No. 2026-1 (IA No. 2).
a. If the Total Effective Tax Rate for all Plan Types in a Land Use Class in CFD No. 2026-1 (IA No. 2) is less than or equal to the Total Effective Tax Rate Limit, then there shall be no reduction in Special Tax for such Land Use Class in CFD No. 2026-1 (IA No. 2).
b. If the Total Effective Tax Rate for any Plan Type in a Land Use Class in CFD No. 2026-1 (IA No. 2) is greater than the Total Effective Tax Rate Limit , the CFD Administrator shall calculate a revised Assigned Special Tax for that Land Use Class in CFD No. 2026-1 (IA No. 2), such that the revised Assigned Special Tax does not cause the Total Effective Tax Rate for any Plan Type in such Land Use Class to exceed the Total Effective Tax Rate Limit.

2. If the Assigned Special Tax for any Land Use Class is revised pursuant to step

1.b. above, the CFD Administrator shall also prepare and execute a Certificate to Amend the Special Tax substantially in the form of Exhibit “A” hereto and shall deliver such Certificate to Amend the Special Tax to CFD No. 2026-1 (IA No. 2). The Certificate to Amend the Special Tax shall be completed for all Land Use Classes and shall set forth, as applicable, either (i) the reduced Assigned Special Tax for a Land Use Class as calculated pursuant to step 1.b., or (ii) the Assigned Special Tax as identified in Table 1 of Section C for a Land Use Class that was not revised as determined pursuant to step 1.a. A reduction to the Assigned Special Tax in one Land Use Class shall not require a reduction in any other Land Use Class.

3. If the anticipated date of issuance of Bonds is within 180 days of the date of receipt of the Price Point Study by the CFD Administrator, CFD No. 2026-1 (IA No. 2) shall execute the acknowledgement on such Certificate to Amend the Special Tax dated as of the closing date of such Bonds, and upon the closing of such Bonds, the Assigned Special Tax for each Land Use Class shall be as set forth in such Certificate to Amend the Special Tax. If the date of issuance of Bonds is not within 180 days of the date of receipt of the Price Point Study by the CFD Administrator, such Certificate to Amend the Special Tax shall not be acknowledged by CFD No. 2026-1 (IA No. 2) and shall, as of such date, be Exhibit B

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15 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 2) (Beechwood - Facilities)
void and of no further force and effect. In such case, if subsequently Bonds are expected to be issued, at least 30 days prior to that expected date, steps 1 and 2 of this section shall be performed based on a new Price Point Study.

4. After the execution by CFD No. 2026-1 (IA No. 2) of the acknowledgement on the Certificate to Amend the Special Tax, CFD No. 2026-1 (IA No. 2) shall cause to be recorded in the records of the County Recorder an Amended Notice of Special Tax Lien for CFD No. 2026-1 (IA No. 2) reflecting the Assigned Special Tax for CFD No. 2026-1 (IA No. 2) set forth in such Certificate to Amend the Special Tax.

5. If the Assigned Special Tax is not required to be changed for any Land Use Class based on the calculations performed under step 1 above, there shall be no reduction in the Assigned Special Tax and no Certificate to Amend the Special Tax shall be required.

I MANNER OF COLLECTION
The Special Tax will be collected in the same manner and at the same time as ordinary ad valorem property taxes; provided, however, that CFD No. 2026-1 (IA No. 2) may directly bill the Special Tax, may collect the Special Tax at a different time or in a different manner if necessary to meet its financial obligations, and may covenant to foreclose and may actually foreclose on delinquent Assessor’s Parcels as permitted by the Act.

J TERM OF SPECIAL TAX
The Special Taxes shall be levied until the final series of Bonds have matured, provided that the Special Taxes shall not be levied after Fiscal Year 2074-2075. The Special Taxes will cease to be levied in an earlier Fiscal Year if the CFD Administrator has determined that all required interest and principal payments on the Bonds have been paid, no delinquent Special Taxes remain uncollected, and the City has covenanted that it will not issue any more Bonds (other than refunding Bonds) to be supported by Special Taxes levied under this Rate and Method of Apportionment as described in Section D.

Exhibit B

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A-1 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 2) (Beechwood - Facilities)

EXHIBIT A

CERTIFICATE TO AMEND THE SPECIAL TAX
IMPROVEMENT AREA NO. 2 OF CITY OF PASO ROBLES
COMMUNITY FACILITIES DISTRICT NO. 2026-1 (BEECHWOOD -

FACILITIES)

TAX REDUCTION CERTIFICATE

1. Pursuant to Section H of the Rate and Method of Apportionment, as attached to the Notice of Special Tax Lien, recorded in the Official Records of the County of San Luis Obispo as Instrument No. XXXXXX on MM/DD/YYYY, the City of Paso Robles (the “City”) hereby reduces the Assigned Special Taxes for Developed Property within CFD No. 2026- 1 (IA No. 2) set forth in Table 1 of the Rate and Method of Apportionment for CFD No. 2026-1 (IA No. 2).

2. The calculations made pursuant to Section H were based upon a Price Point Study that was received by the CFD Administrator on _________________.

3. The information in Table 1, relating to the Assigned Special Tax for Developed Property within CFD No. 2026-1 (IA No. 2) shall be amended and restated in full as follows:

Table A-1: Assigned Special Tax for Developed Property
Land Use
Class Description Assigned Special Tax
1 RESIDENTIAL PROPERTY (> 2,500 SF) [$ ] PER DWELLING UNIT 2 RESIDENTIAL PROPERTY (2,300 - 2,500 SF) [$ ] PER DWELLING UNIT 3 RESIDENTIAL PROPERTY (2,100 - 2,300 SF) [$ ] PER DWELLING UNIT 4 RESIDENTIAL PROPERTY (1,900 - 2,100 SF) [$ ] PER DWELLING UNIT 5 RESIDENTIAL PROPERTY (1,700 - 1,900 SF) [$ ] PER DWELLING UNIT 6 RESIDENTIAL PROPERTY (1,500 - 1,700 SF) [$ ] PER DWELLING UNIT 7 RESIDENTIAL PROPERTY (<= 1,500 SF) [$ ] PER DWELLING UNIT 8 NON-RESIDENTIAL PROPERTY $42,800 PER ACRE

4. Upon execution of the certificate by the City and CFD No. 2026-1 (IA No. 2), the City shall cause an amended Notice of Special Tax Lien for CFD No. 2026-1 (IA No. 2) to be recorded reflecting the modifications set forth herein.

Submitted:

CFD ADMINISTRATOR
By: Date:

By execution hereof, the undersigned acknowledges, on behalf of CFD No. 2026-1 (IA No. 2), receipt of this certificate and modification of the Rate and Method of Apportionment as set forth in this certificate.

Community Facilities District No. 2026-1 (Beechwood - Facilities) of the City of Paso Robles.

Exhibit B

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A-2 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 2) (Beechwood - Facilities)
By: Date as of:

Exhibit B

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1 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 1) (Beechwood - Facilities)

RATE AND METHOD OF APPORTIONMENT OF SPECIAL TAXES
IMPROVEMENT AREA NO. 1 OF CITY OF PASO ROBLES
COMMUNITY FACILITIES DISTRICT NO. 2026-1
(BEECHWOOD - FACILITIES)
A Special Tax as hereinafter defined shall be levied on all Assessor’s Parcels in Improvement Area No. 1 of City of Paso Robles Community Facilities District No. 2026-1 (Beechwood - Facilities) ("CFD No. 2026-1 (IA No. 1)") and collected each Fiscal Year commencing in Fiscal Year 2025-2026, in an amount determined by the Council, through the application of this Rate and Method of Apportionment as described below. All of the real property in CFD No. 2026-1 (IA No. 1), unless exempted by law or by the provisions hereof, shall be taxed for the purposes, to the extent and in the manner herein provided.

A DEFINITIONS
The terms hereinafter set forth have the following meanings:
"Acre" or "Acreage" means the land area of an Assessor’s Parcel as shown on an Assessor’s Parcel Map, or if the land area is not shown on an Assessor’s Parcel Map, the land area shown on the applicable Final Map, parcel map, condominium plan, or other recorded County parcel map.
"Act" means the Mello-Roos Community Facilities Act of 1982, as amended, being Chapter 2.5, of Part 1 of Division 2 of Title 5 of the Government Code of the State of California.
"Administrative Expenses" means the following actual or reasonably estimated costs directly related to the administration of CFD No. 2026-1 (IA No. 1): the costs of computing the Special Taxes and preparing the annual Special Tax collection schedules (whether by the City or designee thereof or both); the costs of collecting the Special Taxes (whether by the City or otherwise); the costs of remitting the Special Taxes to the Trustee; the costs of the Trustee (including its legal counsel) in the discharge of the duties required of it under the Indenture; the costs to the City, CFD No. 2026-1 (IA No. 1) or any designee thereof of complying with arbitrage rebate requirements; the costs to the City, CFD No. 2026-1 (IA No. 1) or any designee thereof of complying with City, CFD No. 2026-1 (IA No. 1), major property owner, or obligated persons disclosure requirements associated with applicable federal and state securities laws and of the Act; the costs associated with preparing Special Tax disclosure statements and responding to public inquiries regarding the Special Taxes; the costs of the City, CFD No. 2026-1 (IA No. 1), or any designee thereof related to an appeal of the Special Tax; the costs associated with the release of funds from an escrow account; and the City’s annual administration fees and third party expenses. Administrative Expenses shall also include amounts estimated or advanced by the City or CFD No. 2026-1 (IA No. 1) for any other administrative purposes of CFD No. 2026-1 (IA No. 1), including attorney’s fees and other costs related to commencing and pursuing to completion any foreclosure, or otherwise addressing the disposition of delinquent Special Taxes. "Assessor’s Parcel" means any real property to which an Assessor’s Parcel Number is assigned as shown on an Assessor’s Parcel Map.

Exhibit B

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2 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 1) (Beechwood - Facilities)
"Assessor’s Parcel Map" means an official map of the County Assessor of the County designating parcels by Assessor’s Parcel Number.
"Assessor’s Parcel Number" means that number assigned to an Assessor’s Parcel by the County for purposes of identification.
"Assigned Special Tax" means the Special Tax for each Land Use Class of Developed Property, as determined in accordance with Section C below. “Authorized Facilities” means the facilities authorized to be financed by CFD No. 2026-1 (IA No. 1).
"Backup Special Tax" means the Special Tax of that name described in Section C below.
"Bonds" means any bonds or other debt as defined in Section 53317(d) of the Act, whether in one or more series, issued by CFD No. 2026-1 (IA No. 1) under the Act. "Boundary Map" means a recorded map which indicates the boundaries of CFD No. 2026-1 (IA No. 1).
"Building Permit" means the first legal document issued by the City giving official permission for the construction of a building on an Assessor’s Parcel. For purposes of this definition and application of the Special Tax, “Building Permit” may or may not include any subsequent building permits issued or changed after the first issuance, as determined by the CFD Administrator.
"Calendar Year" means the period commencing January 1 of any year and ending the following December 31.
"CFD Administrator" means an official of the City, or designee thereof, responsible for determining the Special Tax Requirement and providing for the levy and collection of the Special Taxes.
"CFD No. 2026-1 (IA No. 1)" means the Improvement Area No. 1 of City of Paso Robles Community Facilities District No. 2026-1 (Beechwood – Facilities). “City” means the City of Paso Robles.
"Council" means the City Council.
"County" means the County of San Luis Obispo.
"Developed Property" means, for each Fiscal Year, all Taxable Property in CFD No. 2026-1 (IA No. 1), located within a Final Map that was recorded as of January 1 of the prior Fiscal Year, for which a Building Permit was issued prior to May 1 of the prior Fiscal Year.
“Dwelling Unit” means one residential unit of any configuration, including, but not limited to, a single-family attached or detached dwelling, condominium, mobile home, or otherwise, excluding hotels and motels. A casita or accessory dwelling unit (“ADU”) of any configuration shall not be counted as a separate Dwelling Unit for purposes of this Rate and Method of Apportionment.
“Exempt Welfare Exemption Property” means, for each Fiscal Year, an Assessor’s Parcel that, prior to the issuance of Bonds, received a welfare exemption under subdivision (g) of Section 214 of the California Revenue and Taxation Code (or any Exhibit B

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3 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 1) (Beechwood - Facilities)
successor statute), as indicated in the County’s assessor’s roll finalized as of January 1 of the previous Fiscal Year, and is exempt from the Special Tax pursuant to Section 53340(c) of the Act.
"Final Map" means (i) a final map, or portion thereof, approved by the County pursuant to the Subdivision Map Act (California Government Code Section 66410 et seq.) that creates individual lots or parcels for which Building Permits may be issued without further subdivision, or (ii) for condominiums, a final map approved by the County and a condominium plan recorded pursuant to California Civil Code Section 4285 creating such individual lots or parcels.
"Final Mapped Property" means all Assessor’s Parcels of Taxable Property: (i) that are included in a Final Map recorded prior to the January 1st preceding the Fiscal Year in which the Special Tax is being levied; and (ii) for which a Building Permit has not been issued on or before May 1 preceding the Fiscal Year in which the Special Tax is being levied.
"Fiscal Year" means the period starting July 1 and ending on the following June 30. "Indenture" means the indenture, fiscal agent agreement, resolution, or other instrument pursuant to which Bonds are issued, as modified, amended and/or supplemented from time to time.
"Land Use Class" means any of the categories listed in Table 1 herein. "Maximum Special Tax" means the maximum Special Tax, determined in accordance with Section C below, that can be levied in any Fiscal Year on any Assessor’s Parcel within CFD No. 2026-1 (IA No. 1).
“Non-Residential Floor Area” means the total building square footage of the nonresidential building(s) located on an Assessor’s Parcel, measured from outside wall to outside wall, not including space devoted to stairwells, public restrooms, lighted courts, vehicle parking and areas incident thereto, and mechanical equipment incidental to the operation of such building. The determination of Non-Residential Floor Area shall be made by reference to the Building Permit(s) issued for such Assessor’s Parcel and/or to the appropriate records kept by the City, as reasonably determined by the CFD Administrator.
"Non-Residential Property" means all Assessor's Parcels of Taxable Property for which a Building Permit(s) was issued for a non-residential use. The CFD Administrator shall make the determination if an Assessor’s Parcel is Non-Residential Property.
"Outstanding Bonds" means all Bonds which are deemed to be outstanding under the Indenture.
"Partial Prepayment Amount" means the amount required to prepay a portion of the Special Tax obligation for an Assessor’s Parcel, as described in Section G.2. "Prepayment Amount" means the amount required to prepay the Special Tax obligation in full for an Assessor’s Parcel, as described in Section G.1. “Property Owner’s Association” means, collectively, any property owner association or homeowners association, including any master or sub-association, created for CFD No. 2026-1 (IA No. 1).

Exhibit B

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4 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 1) (Beechwood - Facilities)
"Property Owner Association Property" means, for each Fiscal Year, any property within the boundaries of CFD No. 2026-1 (IA No. 1) that was owned by a Property Owner Association, as of January 1 of the prior Fiscal Year. "Proportionately" means, for Developed Property, that the ratio of the actual Special Tax levy to the Assigned Special Tax is equal for all Assessor’s Parcels of Developed Property. For Undeveloped Property, "Proportionately" means that the ratio of the actual Special Tax levy per Acre to the Maximum Special Tax per Acre is equal for all Assessor’s Parcels of Undeveloped Property. For Taxable Property Owner Association Property, "Proportionately" means that the ratio of the actual Special Tax levy per Acre to the Maximum Special Tax per Acre is equal for all Assessor’s Parcels of Taxable Property Owner Association Property. For Taxable Public Property, "Proportionately" means that the ratio of the actual Special Tax levy per Acre to the Maximum Special Tax per Acre is equal for all Assessor’s Parcels of Taxable Public Property.
"Public Property" means, for each Fiscal Year, any property within CFD No. 2026-1 (IA No. 1) that is owned by, irrevocably offered for dedication to, or dedicated to the federal government, the State, the City, or any other public agency as of June 30 of the prior Fiscal Year; provided however that any property leased by a public agency to a private entity and subject to taxation under Section 53340.1 of the Act shall be taxed and classified in accordance with its use. To ensure that property is classified as Public Property in the first Fiscal Year after it is acquired by, irrevocably offered for dedication to, or dedicated to a public agency, the property owner shall notify the CFD Administrator in writing of such acquisition, offer, or dedication not later than June 30 of the Fiscal Year in which the acquisition, offer, or dedication occurred. “Rate and Method of Apportionment” means this Rate and Method of Apportionment of Special Taxes, City of Paso Robles, Community Facilities District No. 2026-1 (Beechwood - Facilities).
"Residential Floor Area" means all of the square footage of living area within the perimeter of a Dwelling Unit, not including any carport, walkway, garage, overhang, patio, enclosed patio, or similar area. The CFD Administrator shall determine the Residential Floor Area based upon the Building Permit(s) issued for such Dwelling Unit.
"Residential Property" means Developed Property, for which a Building Permit has been issued for purposes of constructing one or more Dwelling Units. "Special Tax" means a special tax levied in any Fiscal Year to pay the Special Tax Requirement.
“Special Tax Requirement” means that amount required in any Fiscal Year to: (i) pay debt service on all Outstanding Bonds; (ii) pay periodic costs on the Bonds, including but not limited to, credit enhancement and rebate payments on the Bonds; (iii) pay Administrative Expenses; (iv) pay any amounts required to establish or replenish any reserve funds for all Outstanding Bonds to the extent such establishment or replenishment has not been included in a computation of the Special Tax Requirement in a previous Fiscal Year; (v) pay directly for the acquisition or construction of Authorized Facilities to the extent that inclusion of such amount does not increase the Special Tax levy on Final Mapped Property or Undeveloped Exhibit B

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5 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 1) (Beechwood - Facilities)
Property; and (vi) pay for reasonably anticipated Special Tax delinquencies based on the historical delinquency rate for CFD No. 2026-1 (IA No. 1) as determined by the CFD Administrator; less (vii) a credit for funds available to reduce the annual Special Tax levy, as determined by the CFD Administrator pursuant to the Indenture. "State" means the State of California.
"Taxable Property" means all of the Assessor’s Parcels within the boundaries of CFD No. 2026-1 (IA No. 1) which are not exempt from the Special Tax pursuant to law or Section E below.
"Taxable Property Owner Association Property" means all Assessor’s Parcels of Property Owner Association Property that are not exempt pursuant to Section E below.
"Taxable Public Property" means all Assessor’s Parcels of Public Property that are not exempt pursuant to Section E below.
“Total Floor Area” means the sum of the Residential Floor Area and the NonResidential Floor Area located on an Assessor’s Parcel. "Trustee" means the trustee or fiscal agent under the Indenture. "Undeveloped Property” means all Assessor’s Parcels of Taxable Property which are not Developed Property, Final Mapped Property, Public Property, or Property Owner’s Association Property.

Exhibit B

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6 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 1) (Beechwood - Facilities)
Assigned Special Tax
Each Fiscal Year, each Assessor’s Parcel of Residential Property or Non-Residential Property shall be subject to an Assigned Special Tax. The Assigned Special Tax applicable to an Assessor's Parcel of Developed Property shall be determined pursuant to Table 1 below.

Table 1: Assigned Special Tax for Developed Property
Land Use
Class Description Assigned Special Tax
1 RESIDENTIAL PROPERTY (> 2,650 SF) $5,985 PER DWELLING UNIT 2 RESIDENTIAL PROPERTY (2,350 - 2,650 SF) $5,569 PER DWELLING UNIT 3 RESIDENTIAL PROPERTY (2,050 - 2,350 SF) $5,153 PER DWELLING UNIT 4 RESIDENTIAL PROPERTY (1,750 - 2,050 SF) $4,738 PER DWELLING UNIT 5 RESIDENTIAL PROPERTY (1,450 - 1,750 SF) $4,322 PER DWELLING UNIT 6 RESIDENTIAL PROPERTY (<= 1,450 SF) $3,699 PER DWELLING UNIT 7 NON-RESIDENTIAL PROPERTY $42,377 PER ACRE
Backup Special Tax
The Backup Special Tax for each Assessor’s Parcel of Residential Property in a Final Map shall be computed by multiplying the Acreage of all Taxable Property (excluding Acreage associated with current or expected Non-Residential Property, Taxable Public Property, or Taxable Property Owner Association Property, if any) in such Final Map by $42,377, and dividing the product by the number of such Assessor’s Parcels (i.e., the number of residential lots) in such Final Map.

1. Determine the total Backup Special Taxes anticipated to apply to the changed or modified portion of the Final Map prior to the change or modification.

3. The result is the Backup Special Tax per Acre which shall be applicable to all Assessor's Parcels of Residential Property in such changed or modified Final Map.

C.3 Undeveloped Property, Taxable Property Owner Association Property, Exhibit B

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7 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 1) (Beechwood - Facilities)
and/or Taxable Public Property.

The Maximum Special Tax for each Assessor’s Parcel of Undeveloped Property, Taxable Property Owner Association Property, or Taxable Public Property shall be $42,377 per Acre.

First: The Special Tax shall be levied Proportionately on each Assessor’s Parcel of Developed Property up to 100% of the applicable Assigned Special Tax to satisfy the Special Tax Requirement.

Exhibit B

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8 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 1) (Beechwood - Facilities)
Sixth: If additional monies are needed to satisfy the Special Tax Requirement after the first five steps have been completed, the Special Tax shall be levied Proportionately on each Assessor’s Parcel of Taxable Public Property up to 100% of the Maximum Special Tax applicable to each such Assessor’s Parcel as needed to satisfy the Special Tax Requirement.

E EXEMPTIONS
No Special Tax shall be levied on Acres of Property Owner Association Property or Public Property in CFD No. 2026-1 (IA No. 1) provided that an Assessor’s Parcel shall not be exempt and shall be classified as Taxable Property Owner Association Property and Taxable Public Property if exempting such property would reduce the sum of all Taxable Property to less than 19.02 Acres. Tax-exempt status will be assigned by the CFD Administrator in the chronological order in which such Assessor’s Parcels or portions thereof within CFD No. 2026-1 (IA No. 1) become Public Property or Property Owner Association Property.

However, should an Assessor’s Parcel no longer be classified as Public Property or Property Owner Association Property, it will, from that point forward, be subject to the Special Tax.

In addition, no Special Tax shall be levied on any Assessor’s Parcel in any Fiscal Year in which such Assessor’s Parcel is classified as Exempt Welfare Exemption Property.

Interpretations may be made by the Council by ordinance or resolution for purposes of clarifying any vagueness or ambiguity in this Rate and Method of Apportionment.

Exhibit B

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9 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 1) (Beechwood - Facilities)

G PREPAYMENT
The following additional definitions apply to this Section G:
“CFD Public Facilities” means $9,825,000 or such lower amount (i) authorized by the Council to provide the public facilities to be funded under CFD No. 2026-1 (IA No. 1), or (ii) determined by the Council concurrently with a covenant that it will not issue any more Bonds to be supported by the Special Tax levied under this Rate and Method of Apportionment.
“Construction Fund” means a fund held by the Trustee to fund CFD Public Facilities. “Future Facilities Cost” means the CFD Public Facilities minus public facility costs previously funded, or that can be funded from funds in the Construction Fund. “Outstanding Bonds” means all previously issued Bonds secured by the levy of the Special Tax which will remain outstanding after the first interest and/or principal payment date following the current Fiscal Year, excluding Bonds to be redeemed at a later date with the proceeds of prior prepayments of the Special Tax.

The Maximum Special Tax obligation applicable to an Assessor’s Parcel may be fully prepaid and the obligation to pay the Special Tax for such Assessor’s Parcel permanently satisfied as described herein; provided that a prepayment may be made only if there are no delinquent Special Taxes with respect to such Assessor’s Parcel at the time of prepayment. An owner of an Assessor’s Parcel intending to prepay the Maximum Special Tax obligation for such Assessor’s Parcel shall provide the CFD Administrator with written notice of intent to prepay, and within 5 business days of receipt of such notice, the CFD Administrator shall notify such owner of the amount of the non-refundable deposit determined to cover the cost to be incurred by CFD No. 2026-1 (IA No. 1) in calculating the Prepayment Amount (as defined below) for the Assessor’s Parcel. Within 15 days of receipt of such non-refundable deposit, the CFD Administrator shall notify such owner of the Prepayment Amount for the Assessor’s Parcel. Prepayment must be made not less than 60 days prior to the redemption date for any Bonds to be redeemed with the proceeds of such Prepayment Amount.

The Prepayment Amount shall be calculated as follows (capitalized terms are defined below):

Prepayment Amount
Bond Redemption Amount
plus Redemption Premium
plus Future Facilities Amount
plus Defeasance Amount
Exhibit B

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10 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 1) (Beechwood - Facilities)
plus Administrative Fees and Expenses
less Reserve Fund Credit
less Capitalized Interest Credit
Total: equals Special Tax Prepayment Amount
The Prepayment Amount shall be determined as of the proposed prepayment date as follows:

1. Confirm that no Special Tax delinquencies apply to such Assessor’s Parcel.

5. Multiply the Bond Redemption Amount by the applicable redemption premium, if any, on the Outstanding Bonds to be redeemed (the “Redemption Premium”).

6. Determine the Future Facilities Cost.

9. Determine the Special Tax levied on the Assessor’s Parcel in the current Fiscal Year which has not yet been paid.

10. Determine the amount the CFD Administrator reasonably expects to derive Exhibit B

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11 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 1) (Beechwood - Facilities)
from the investment of the Bond Redemption Amount and the Redemption Premium from the date of prepayment until the redemption date for the Outstanding Bonds to be redeemed with the Prepayment Amount.

11. Add the amounts derived pursuant to paragraphs 8 and 9 and subtract the amount derived pursuant to paragraph 10 (the “Defeasance Amount”).

12. Verify the administrative fees and expenses of CFD No. 2026-1 (IA No. 1), including the cost of computation of the Prepayment Amount, the cost to invest the Prepayment Amount, the cost of redeeming the Outstanding Bonds, and the cost of recording notices to evidence the prepayment of the Maximum Special Tax obligation for the Assessor’s Parcel and the redemption of Outstanding Bonds (the “Administrative Fees and Expenses”).

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12 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 1) (Beechwood - Facilities)
prepaid, the Council shall cause a suitable notice to be recorded in compliance with the Act, to indicate the prepayment of Maximum Special Tax obligation and the release of the Special Tax lien for the Assessor’s Parcel, and the obligation to pay the Special Tax for such Assessor’s Parcel shall cease.

PP = ((PE –A) x F) +A
These terms have the following meaning:

The owner of an Assessor’s Parcel who desires to partially prepay the Maximum Special Tax obligation for the Assessor’s Parcel shall notify the CFD Administrator of (i) such owner’s intent to partially prepay the Maximum Special Tax obligation, (ii) the percentage of the Maximum Special Tax obligation such owner wishes to prepay, and (iii) the company or agency that will be acting as the escrow agent, if any. Within 5 days of receipt of such notice, the CFD Administrator shall notify such property owner of the amount of the non-refundable deposit determined to cover the cost to be incurred by CFD No. 2026-1 (IA No. 1) in calculating the amount of a partial prepayment. Within 15 business days of receipt of such non-refundable deposit, the CFD Administrator shall notify such owner of the amount of the Partial Prepayment for the Assessor’s Parcel. A Partial Prepayment must be made not less than 60 days prior to the redemption date for the Outstanding Bonds to be redeemed with the proceeds of the Partial Prepayment Amount.

With respect to any Assessor’s Parcel for which the Maximum Special Tax obligation is partially prepaid, the CFD Administrator shall (i) distribute the Partial Prepayment Amount as provided in Paragraph 16 of Section G.1, and (ii) indicate in the records of CFD No. 2026-1 (IA No. 1) that there has been a Partial Prepayment for the Assessor’s Parcel and that a portion of the Special Tax obligation equal to the remaining Exhibit B

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13 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 1) (Beechwood - Facilities)
percentage (1.00 - F) of Special Tax obligation will continue on the Assessor’s Parcel pursuant to Section D.

H SPECIAL TAX REDUCTION
The following definitions apply to this Section H:
"Base Price" means the minimum price at which Dwelling Units within a given Plan Type have sold or are expected to be sold in a normal marketing environment and shall not include prices for such Dwelling Units that are sold at a discount to expected sales prices for the purpose of stimulating the initial sales activity with respect to such Plan Type. If such information is not available, means the base price of such Dwelling Units, estimated by an MAI Appraiser or Price Point Consultant as of such date, based upon their actual or expected characteristics, such as living area, view, or lot size, but excluding potential appreciation or premiums, options or upgrades. "Plan Type" means a discrete residential plan type generally consisting of residential Dwelling Units that share a common product type (e.g., detached, attached) and that have nearly identical amounts of living area, that is constructed or expected to be constructed within CFD No. 2026-1 (IA No. 1) or the surrounding area as identified in the appraisal or the Price Point Study.
"Price Point Consultant" means any consultant or firm of such consultants selected by CFD No. 2026-1 (IA No. 1) that (a) has substantial experience in performing price point studies or otherwise estimating or confirming pricing for Dwelling Units within community facilities districts, (b) is well versed in analyzing economic and real estate data that relates to the pricing of Dwelling Units in community facilities districts, (c) is independent and not under the control of CFD No. 2026-1 (IA No. 1), the City, or the developer, (d) does not have any substantial interest, direct or indirect, with or in CFD No. 2026-1 (IA No. 1), the City, any owner of real property in CFD No. 2026-1 (IA No. 1), or any real property in CFD No. 2026-1 (IA No. 1), and (e) is not connected with CFD No. 2026-1 (IA No. 1) or the City as an officer or employee thereof, but who may be regularly retained to make reports to CFD No. 2026-1 (IA No. 1) or the County. "Price Point Study" means a price point study or a letter updating a previous price point study, which (a) has been prepared by the Price Point Consultant, (b) sets forth the Plan Types constructed or expected to be constructed within CFD No. 2026-1 (IA No. 1), (c) sets forth the estimated number of constructed and expected Dwelling Units for each Plan Type, (d) sets forth estimates of the Base Price for each Plan Type and (e) uses a date for establishing such Base Prices that is no earlier than 30 days prior to the date the Price Point Study is delivered to the CFD Administrator pursuant to Section H herein.
"Total Effective Tax Rate" means, for a Plan Type, (a) the Total Tax Burden for such Plan Type divided by (b) the Base Price for such Plan Type, converted to a percentage. "Total Effective Tax Rate Limit" means 1.80%.
"Total Tax Burden” means, with respect to a Plan Type, for the Fiscal Year for which the calculation is being performed, the sum of the Assigned Special Tax and estimated ad valorem property taxes, special assessments, special taxes for any overlapping community facilities districts, and any other governmental taxes, fees and charges levied or imposed on Dwelling Units of such Plan Type in CFD No. 2026- Exhibit B

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14 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 1) (Beechwood - Facilities)
1 (IA No. 1) in such Fiscal Year or that would have been levied on all such Dwelling Units had these Dwelling Units been subject to such levies (excluding homeowner’s association dues and Property Assessed Clean Energy (“PACE”) charges imposed pursuant to AB 811 or SB 555, that are levied on individual Assessor’s Parcels, or any other charges applicable to the Assessor’s Parcels initiated by the homeowner after the close of escrow).

Step No.:

1. The CFD Administrator shall determine whether or not the Total Effective Tax Rate for all Plan Types in a Land Use Class is less than or equal to the Total Effective Tax Rate Limit for each Land Use Class of for-sale Residential Property in CFD No. 2026-1 (IA No. 1).
a. If the Total Effective Tax Rate for all Plan Types in a Land Use Class in CFD No. 2026-1 (IA No. 1) is less than or equal to the Total Effective Tax Rate Limit, then there shall be no reduction in Special Tax for such Land Use Class in CFD No. 2026-1 (IA No. 1).
b. If the Total Effective Tax Rate for any Plan Type in a Land Use Class in CFD No. 2026-1 (IA No. 1) is greater than the Total Effective Tax Rate Limit , the CFD Administrator shall calculate a revised Assigned Special Tax for that Land Use Class in CFD No. 2026-1 (IA No. 1), such that the revised Assigned Special Tax does not cause the Total Effective Tax Rate for any Plan Type in such Land Use Class to exceed the Total Effective Tax Rate Limit.

2. If the Assigned Special Tax for any Land Use Class is revised pursuant to step

1.b. above, the CFD Administrator shall also prepare and execute a Certificate to Amend the Special Tax substantially in the form of Exhibit “A” hereto and shall deliver such Certificate to Amend the Special Tax to CFD No. 2026-1 (IA No. 1). The Certificate to Amend the Special Tax shall be completed for all Land Use Classes and shall set forth, as applicable, either (i) the reduced Assigned Special Tax for a Land Use Class as calculated pursuant to step 1.b., or (ii) the Assigned Special Tax as identified in Table 1 of Section C for a Land Use Class that was not revised as determined pursuant to step 1.a. A reduction to the Assigned Special Tax in one Land Use Class shall not require a reduction in any other Land Use Class.

3. If the anticipated date of issuance of Bonds is within 180 days of the date of receipt of the Price Point Study by the CFD Administrator, CFD No. 2026-1 (IA No. 1) shall execute the acknowledgement on such Certificate to Amend the Special Tax dated as of the closing date of such Bonds, and upon the closing of such Bonds, the Assigned Special Tax for each Land Use Class shall be as set forth in such Certificate to Amend the Special Tax. If the date of issuance of Bonds is not within 180 days of the date of receipt of the Price Point Study by the CFD Administrator, such Certificate to Amend the Special Tax shall not be acknowledged by CFD No. 2026-1 (IA No. 1) and shall, as of such date, be Exhibit B

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15 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 1) (Beechwood - Facilities)
void and of no further force and effect. In such case, if subsequently Bonds are expected to be issued, at least 30 days prior to that expected date, steps 1 and 2 of this section shall be performed based on a new Price Point Study.

4. After the execution by CFD No. 2026-1 (IA No. 1) of the acknowledgement on the Certificate to Amend the Special Tax, CFD No. 2026-1 (IA No. 1) shall cause to be recorded in the records of the County Recorder an Amended Notice of Special Tax Lien for CFD No. 2026-1 (IA No. 1) reflecting the Assigned Special Tax for CFD No. 2026-1 (IA No. 1) set forth in such Certificate to Amend the Special Tax.

I MANNER OF COLLECTION
The Special Tax will be collected in the same manner and at the same time as ordinary ad valorem property taxes; provided, however, that CFD No. 2026-1 (IA No. 1) may directly bill the Special Tax, may collect the Special Tax at a different time or in a different manner if necessary to meet its financial obligations, and may covenant to foreclose and may actually foreclose on delinquent Assessor’s Parcels as permitted by the Act.

Exhibit B

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A-1 Rate and Method of Apportionment
CFD No. 2026-1 (IA No. 1) (Beechwood - Facilities)

EXHIBIT A

CERTIFICATE TO AMEND THE SPECIAL TAX
IMPROVEMENT AREA NO. 1 OF CITY OF PASO ROBLES
COMMUNITY FACILITIES DISTRICT NO. 2026-1 (BEECHWOOD -

FACILITIES)

TAX REDUCTION CERTIFICATE

1. Pursuant to Section H of the Rate and Method of Apportionment, as attached to the Notice of Special Tax Lien, recorded in the Official Records of the County of San Luis Obispo as Instrument No. XXXXXX on MM/DD/YYYY, the City of Paso Robles (the “City”) hereby reduces the Assigned Special Taxes for Developed Property within CFD No. 2026- 1 (IA No. 1) set forth in Table 1 of the Rate and Method of Apportionment for CFD No. 2026-1 (IA No. 1).

2. The calculations made pursuant to Section H were based upon a Price Point Study that was received by the CFD Administrator on _________________.

3. The information in Table 1, relating to the Assigned Special Tax for Developed Property within CFD No. 2026-1 (IA No. 1) shall be amended and restated in full as follows:

Table A-1: Assigned Special Tax for Developed Property
Land Use
Class Description Assigned Special Tax
1 RESIDENTIAL PROPERTY (> 2,650 SF) [$ ] PER DWELLING UNIT 2 RESIDENTIAL PROPERTY (2,350 - 2,650 SF) [$ ] PER DWELLING UNIT 3 RESIDENTIAL PROPERTY (2,050 - 2,350 SF) [$ ] PER DWELLING UNIT 4 RESIDENTIAL PROPERTY (1,750 - 2,050 SF) [$ ] PER DWELLING UNIT 5 RESIDENTIAL PROPERTY (1,450 - 1,750 SF) [$ ] PER DWELLING UNIT 6 RESIDENTIAL PROPERTY (<= 1,450 SF) [$ ] PER DWELLING UNIT 7 NON-RESIDENTIAL PROPERTY $42,377 PER ACRE

4. Upon execution of the certificate by the City and CFD No. 2026-1 (IA No. 1), the City shall cause an amended Notice of Special Tax Lien for CFD No. 2026-1 (IA No. 1) to be recorded reflecting the modifications set forth herein.

Submitted:

CFD ADMINISTRATOR
By: Date:

By execution hereof, the undersigned acknowledges, on behalf of CFD No. 2026-1 (IA No. 1), receipt of this certificate and modification of the Rate and Method of Apportionment as set forth in this certificate.

Community Facilities District No. 2026-1 (Beechwood - Facilities) of the City of Paso Robles.

By: Date as of:

Exhibit B

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Paso Robles City CouncilJuly 21, 2026

Paso Robles City Council
July 21, 2026