Monthly Report — Patterson City Council, August 20, 2024

MEMORANDUM
August 20, 2024
To: Mayor and City Council
From: Jennifer Riedeman, Finance Director
SUBJECT: INVESTMENT REPORT FOR QUARTERS ENDED MARCH 2024 & JUNE 2024 This memo transmits the investment report for quarters ending March 31, 2024 and June 30, 2024 to meet the reporting requirements of the City’s Investment Policy and the California Government Code.

The attached investment reports provide quarterly investment transactions (Exhibit 1) and listings of the City’s investments (Exhibit 2). The City’s investment holdings are in compliance with California Government Code Sections 53600, et seq. and with the City’s Investment Policy.

Background
The City Council’s Investment Policy requires that quarterly statements be submitted to the City Council within thirty days following the end of the quarter or a reasonable period of time.

Code Section 53607 provides that the quarterly statements include detailed listings of investments, including the type of investment, issuer, date of maturity, and par and dollar amount invested. The statements must also include monthly reports of investment transactions.

Code Section 53646 also provides that the report shall state whether the investments are made in compliance with California Government Code Sections 53600, et seq. and with the City’s Investment Policy.

Finally, Section 53646 requires that the quarterly report must include a statement about the City’s ability to meet its expenditure requirements for the next six months.

Investments Authorized by the California Code and the City’s Investments Policy The City follows the practice of pooling cash and investments of all funds, except for funds required to be held by fiscal agents under the provisions of bond indentures. Interest income earned on pooled cash and investments is allocated on an accounting period basis to the various funds based on the period-end cash and investment balances. Interest income from cash and investments with fiscal agents is credited directly to the related fund.

The table below identifies the investment types that are authorized by the City's investment policy.

This table does not address investments of debt proceeds held by bond trustees that are governed by the provisions of debt agreements of the City, rather than the general provisions of the California Government Code or the City's investment policy.

Mayor and City Council
Investment Report for The Quarter Ended June 30, 2024

Page 2 ends

Maximum
Authorized Investment Type Maturity
Maximum
Percentage of
Portfolio
Maximum
Investment in
one Issuer
U.S. Treasure Obligations 5 years None None
U.S. Agency Securities 5 years None None
Certificates of Deposit 2 years None None
Local Agency Investment Fund (LAIF) N/A None None
Money Market Funds N/A None None
Annuities N/A None None
Mutual Funds N/A 5% None
Corporate Notes (Minimum rating of "AAA") 5 years 5% None Local Agency Bonds (Local obligation bonds) 5 years None None * The table is based on state law requirements or investment policy requirements, whichever is more restrictive.

The City invested in an investment pool account with the Central San Joaquin Valley Risk Management Authority (“CSJVRMA”). At June 30, 2024, this account was valued at $3,992,340.

The CSJVRMA Investment Pool account earned a total of $49,757.99 in interest since January 1, 2024.

The investment portfolio holdings shown in the attachments represent the entire pooled investment portfolio. Shown below for comparison purposes is the allocation of the portfolio on June 30, 2024, as compared to March 31, 2024:

Period Ending Issuer Par Book Value Fair Market
Value
6/30/2024

CSJVRMA
Investment
Pool
$386,065 $4,024,361 $3,992,340
3/31/2024

CSJVRMA
Investment
Pool
$384,099 $4,004,068 $3,967,226
Portfolio Performance
Chandler Asset Management has provided investment portfolio management services for the City since 2004. The performance of the City’s portfolio is benchmarked against the US Treasury/Agency Index of 1 – 5 years and the US Issuers Corp/Govt Rated AAA-A Index of 1 – 5 years. For the quarter-end of June 30, 2024, the City’s long-term portfolio performed above the 10- year annualized benchmarks, as noted in the summary table below.

Benchmark Benchmark
Annualized US
Treasury/Agency
US Issuers/Govt
Rated AAA-A
City’s Portfolio
10 Year 1.15% 1.25% 1.30%
The City’s dividend earned is re-invested to the CSJVRMA investment pool.

Mayor and City Council
Investment Report for The Quarter Ended June 30, 2024

Page 3 ends

Also, the City is a participant in the Local Agency Investment Fund (LAIF), which is regulated by California Government Code Section 16429 under the oversight of the Treasurer of the State of California. LAIF’s investments are subject to credit risk with the full faith and credit of the State of California collateralizing these investments for up to $550 Million and are subject to market risk due to changing interest rates.

The LAIF account earned a total of $1,077,117.42 in interest since January 1, 2024. The PMIA Average Monthly Effective Yield for the Quarter Ending June 30, 2024 was 4.36%. The fair market value adjustment will be reflected/recorded at year-end.

Period Ending Source Principal
Balance
6/30/2024 LAIF $59,398,205
3/31/2024 LAIF $38,162,359
Lastly, since April 20, 2022, the city has deposited funds with the Public Agency Retirement Services (PARS) to fund future retirement benefits for OPEB and Pension costs. The balance as of June 30, 2024, includes no additional contributions, expenses of $10,293.22 and interest earnings of $146,246.22 since January 1, 2024:

Period Ending Source Balance
6/30/2024 OPEB/Pension $3,620,607
3/31/2024 OPEB/Pension $3,558,541
The primary change in the most recent quarter ended was the City’s dividend earned. As market conditions improved, these changes better positioned the City’s investment portfolio.

Respectfully submitted,
Jennifer Riedeman
Finance Director
cc: Fernando Ulloa, Interim City Manager
Attachments:

Mayor and City Council
Investment Report for The Quarter Ended June 30, 2024

Page 4 ends

1. Chandler Asset Management Statements for January 2024 – June 2024

2. PMIA/LAIF Performance Report for the Quarter Ended June 30, 2024

3. LAIF Remittance Advice for the Quarter Ended 3/31/2024

4. LAIF Remittance Advice for the Quarter Ended 6/30/2024

5. PARS Statements January 2024 – June 2024

6. Cash Reconciliations March 2024 & June 2024

MONTHLY ACCOUNT STATEMENT
City of Patterson - Account #1106
JANUARY 1, 2024 THROUGH JANUARY 31, 2024
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures.

CHANDLER ASSET MANAGEMENT
chandlerasset.com
Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian
Bank of New York Mellon
Lauren Dehner
(904) 645-1918

ACCOUNT SUMMARY
Beg. Values
as of 12/31/23
End Values
as of 1/31/24
Market Value 3,943,922 3,958,883
Accrued Interest 7,011 7,116
Total Market Value 3,950,933 3,965,999
Income Earned 7,011 7,116
Cont/WD 0
Par 381,315 381,993
Book Value 3,975,291 3,982,301
Cost Value 3,975,291 3,982,301

TOP ISSUERS
CSJVRMA Investment Pool 100.0%
Total 100.0%

PORTFOLIO CHARACTERISTICS
Average Modified Duration 0.00
Average Coupon 0.00%
Average Purchase YTM 0.00%
Average Market YTM 0.00%
Average S&P/Moody Rating NR/NR
Average Final Maturity 0.00 yrs
Average Life 0.00 yrs

SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (S&P) Portfolio Summary
As of January 31, 2024
City of Patterson
Account #1106

PERFORMANCE REVIEW
Annualized
TOTAL RATE OF RETURN 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS 6/30/2004 City of Patterson 0.38% 3.16% 0.38% 3.79% 0.19% -0.54% 1.33% 1.27% 2.39% Chandler Asset Management - CONFIDENTIAL Page 1 Execution Time: 2/5/2024 2:22:18 PM Holdings Report
As of January 31, 2024
City of Patterson
Account #1106
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

INVESTMENT POOL
99CAMBX$1 CSJVRMA Inv Pool Investment Pool 381,992.67 Various

0.00%
3,982,301.46
3,982,301.46

10.36 0.00%
3,958,882.58
7,116.44
100.00%
(23,418.88)

NR / NR
NR

0.00 0.00
Total Investment Pool 381,992.67 0.00%
3,982,301.46
3,982,301.46 0.00%
3,958,882.58
7,116.44
100.00%
(23,418.88)

NR / NR
NR

0.00 0.00
TOTAL PORTFOLIO 381,992.67 0.00%
3,982,301.46
3,982,301.46 0.00%
3,958,882.58
7,116.44
100.00%
(23,418.88)

NR / NR
NR

0.00 0.00
TOTAL MARKET VALUE PLUS ACCRUED 3,965,999.02
Chandler Asset Management - CONFIDENTIAL Page 2 Execution Time: 2/5/2024 2:22:18 PM Transaction Ledger
As of January 31, 2024
City of Patterson
Account #1106
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 01/02/2024 99CAMBX$1 677.81 CSJVRMA Inv Pool Investment Pool 10.343 7,010.58 0.00 7,010.58 0.00 Subtotal 677.81 7,010.58 0.00 7,010.58 0.00
TOTAL ACQUISITIONS 677.81 7,010.58 0.00 7,010.58 0.00

OTHER TRANSACTIONS
Dividend 01/02/2024 99CAMBX$1 381,314.86 CSJVRMA Inv Pool Investment Pool 0.000 7,010.58 0.00 7,010.58 0.00 Subtotal 381,314.86 7,010.58 0.00 7,010.58 0.00
TOTAL OTHER TRANSACTIONS 381,314.86 7,010.58 0.00 7,010.58 0.00 Chandler Asset Management - CONFIDENTIAL Page 3 Execution Time: 2/5/2024 2:22:18 PM Income Earned
As of January 31, 2024
City of Patterson
Account #1106
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income

INVESTMENT POOL
99CAMBX$1 CSJVRMA Inv Pool
Investment Pool
Various
Various
381,992.67
3,975,290.88
7,010.58

0.00 3,982,301.46
7,010.63
7,010.58
7,116.44
7,116.39

0.00 0.00

0.00 7,116.39
7,116.39
Total Investment Pool 381,992.67
3,975,290.88
7,010.58

0.00 3,982,301.46
7,010.63
7,010.58
7,116.44
7,116.39

0.00 0.00

0.00 7,116.39 7,116.39
TOTAL PORTFOLIO 381,992.67
3,975,290.88
7,010.58

0.00 3,982,301.46
7,010.63
7,010.58
7,116.44
7,116.39

0.00 0.00

0.00 7,116.39 7,116.39
Chandler Asset Management - CONFIDENTIAL Page 4 Execution Time: 2/5/2024 2:22:18 PM Cash Flow Report
As of January 31, 2024
City of Patterson
Account #1106
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/01/2024 Dividend 99CAMBX$1 381,992.67 CSJVRMA Inv Pool Investment Pool 0.00 7,116.44 7,116.44 FEB 2024 0.00 7,116.44 7,116.44
TOTAL 0.00 7,116.44 7,116.44
Chandler Asset Management - CONFIDENTIAL Page 5 Execution Time: 2/5/2024 2:22:18 PM Important Disclosures City of Patterson
Account #1106
Chandler Asset Management, Inc. ;͞Chandler͟Ϳis an SEC registered investment adviser. For additional information about our firm, please see our current disclosures (Form ADV). To obtain a copy of our current disclosures, you may contact your client service representative by calling the number on the front of this statement or you may visit our website at www.chandlerasset.com.

Information contained in this monthly statement is confidential and is provided for informational purposes only and should not be construed as specific investment or legal advice. The information contained herein was obtained from sources believed to be reliable as of the date of this statement, but may become outdated or superseded at any time without notice.

Custody: Your qualified custodian bank maintains control of all assets reflected in this statement and we urge you to compare this statement to the one you receive from your qualified custodian. Chandler does not have any authority to withdraw or deposit funds from/to the custodian account.

Valuation: Prices are provided by IDC, an independent pricing source. In the event IDC does not provide a price or if the price provided is not reflective of fair market value, Chandler will obtain pricing from an alternative approved third party pricing source in accordance with our written valuation policy and procedures. Our valuation procedures are also disclosed in Item 5 of our Form ADV Part 2A.

Performance: Performance results are presented gross-of-advisory fees and represent the client͛s Total Return. The deduction of advisory fees lowers performance results. These results include the reinvestment of dividends and other earnings. Past performance may not be indicative of future results. Therefore, clients should not assume that future performance of any specific investment or investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. Economic factors, market conditions or changes in investment strategies, contributions or withdrawals may materially alter the performance and results of your portfolio.

Source ice Data Indices, LLC ("ICE"), used with permission. ICE PERMITS USE OF THE ICE INDICES AND RELATED DATA ON AN "AS IS" BASIS; ICE, ITS AFFILIATES AND THEIR RESPECTIVE

THIRD PARTY SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS, EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM. NEITHER ICE DATA, ITS AFFILIATES OR

THEIR RESPECTIVE THIRD PARTY PROVIDERS GUARANTEE THE QUALITY, ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES OR THE INDEX DATA OR ANY COMPONENT THEREOF, AND THE INDICES AND INDEX DATA AND ALL COMPONENTS THEREOF ARE PROVIDED ON AN "AS IS" BASIS AND LICENSEE'S USE IS AT LICENSEE'S OWN RISK. ICE DATA, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY DO NOT SPONSOR, ENDORSE, OR RECOMMEND CHANDLER, OR ANY OF ITS PRODUCTS OR SERVICES.

Index returns assume reinvestment of all distributions. Historical performance results for investment indexes generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment management fee, the incurrence of which would have the effect of decreasing historical performance results. It is not possible to invest directly in an index.

Ratings: Ratings information have been provided by Moody͛s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

Security level ratings for U.S. Agency issued mortgage-backed securities ;͞MBS͟Ϳreflect the issuer rating because the securities themselves are not rated. The issuing U.S. Agency guarantees the full and timely payment of both principal and interest and carries a AA+/Aaa/AAA by S&P, Moody͛s and Fitch respectively.

Chandler Asset Management - CONFIDENTIAL Page 6 Execution Time: 2/5/2024 2:22:18 PM Benchmark Index & Disclosures City of Patterson
Account #1106
Benchmark Index Disclosure
ICE BofA 1-5 Yr US Treasury & Agency
Index
The ICE BofA 1-5 Year US Treasury & Agency Index tracks the performance of US dollar denominated US Treasury and nonsubordinated US agency debt issued in the US domestic market. Qualifying securities must have an investment grade rating (based on an average of Moody͛s, S&P and Fitch). Qualifying securities must have at least one year remaining term to final maturity and less than five years remaining term to final maturity, at least 18 months to maturity at time of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for sovereigns and $250 million for agencies.

ICE BofA US Issuers 1-5 Yr AAA-A US
Corp/Govt Idx
The ICE BofA US 1-5 Year AAA-A US Corporate & Government Index tracks the performance of US dollar denominated investment grade debt publicly issued in the US domestic market, including US Treasury, US agency, foreign government, supranational, and corporate securities.

Qualifying securities must be issued from US issuers and be rated AAA through A3 (based on an average of Moody͛s, S&P and Fitch). In addition, qualifying securities must have at least one year remaining term to final maturity and less than five years remaining term to final maturity, at least 18 months to final maturity at point of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for US Treasuries and $250 million for all other securities.

Chandler Asset Management - CONFIDENTIAL Page 7 Execution Time: 2/5/2024 2:22:18 PM

MONTHLY ACCOUNT STATEMENT
City of Patterson - Account #1106
FEBRUARY 1, 2024 THROUGH FEBRUARY 29, 2024
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures.

CHANDLER ASSET MANAGEMENT
chandlerasset.com
Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian
Bank of New York Mellon
Lauren Dehner
(904) 645-1918

ACCOUNT SUMMARY
Beg. Values
as of 1/31/24
End Values
as of 2/29/24
Market Value 3,958,883 3,945,610
Accrued Interest 7,116 6,061
Total Market Value 3,965,999 3,951,671
Income Earned 7,116 6,061
Cont/WD 0
Par 381,993 382,679
Book Value 3,982,301 3,989,418
Cost Value 3,982,301 3,989,418

TOP ISSUERS
CSJVRMA Investment Pool 100.0%
Total 100.0%

SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (S&P) Portfolio Summary
As of February 29, 2024
City of Patterson
Account #1106

PERFORMANCE REVIEW
Annualized
TOTAL RATE OF RETURN 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS 6/30/2004 City of Patterson -0.36% 1.35% 0.02% 4.49% 0.27% -0.53% 1.22% 1.22% 2.36% ICE BofA 1-5 Yr US Treasury & Agency Index -0.72% 1.11% -0.37% 4.10% -0.10% -0.73% 1.06% 1.06% 2.16% ICE BofA US Issuers 1-5 Yr AAA-A US Corp/Govt Idx -0.69% 1.17% -0.33% 4.26% 0.00% -0.67% 1.14% 1.15% 2.23% Chandler Asset Management - CONFIDENTIAL Page 1 Execution Time: 3/16/2024 6:56:54 PM Holdings Report
As of February 29, 2024
City of Patterson
Account #1106
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

INVESTMENT POOL
99CAMBX$1 CSJVRMA Inv Pool Investment Pool 382,679.34 Various

0.00%
3,989,417.90
3,989,417.90

10.31 0.00%
3,945,609.90
6,060.68
100.00%
(43,808.00)

NR / NR
NR

0.00 0.00
Total Investment Pool 382,679.34 0.00%
3,989,417.90
3,989,417.90 0.00%
3,945,609.90
6,060.68
100.00%
(43,808.00)

NR / NR
NR

0.00 0.00
TOTAL PORTFOLIO 382,679.34 0.00%
3,989,417.90
3,989,417.90 0.00%
3,945,609.90
6,060.68
100.00%
(43,808.00)

NR / NR
NR

0.00 0.00
TOTAL MARKET VALUE PLUS ACCRUED 3,951,670.58
Chandler Asset Management - CONFIDENTIAL Page 2 Execution Time: 3/16/2024 6:56:54 PM Transaction Ledger
As of February 29, 2024
City of Patterson
Account #1106
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 02/01/2024 99CAMBX$1 686.67 CSJVRMA Inv Pool Investment Pool 10.364 7,116.44 0.00 7,116.44 0.00 Subtotal 686.67 7,116.44 0.00 7,116.44 0.00
TOTAL ACQUISITIONS 686.67 7,116.44 0.00 7,116.44 0.00

OTHER TRANSACTIONS
Dividend 02/01/2024 99CAMBX$1 381,992.67 CSJVRMA Inv Pool Investment Pool 0.000 7,116.44 0.00 7,116.44 0.00 Subtotal 381,992.67 7,116.44 0.00 7,116.44 0.00
TOTAL OTHER TRANSACTIONS 381,992.67 7,116.44 0.00 7,116.44 0.00 Chandler Asset Management - CONFIDENTIAL Page 3 Execution Time: 3/16/2024 6:56:54 PM Income Earned
As of February 29, 2024
City of Patterson
Account #1106
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income

INVESTMENT POOL
99CAMBX$1 CSJVRMA Inv Pool
Investment Pool
Various
Various
382,679.34
3,982,301.46
7,116.44

0.00 3,989,417.90
7,116.44
7,116.44
6,060.68
6,060.68

0.00 0.00

0.00 6,060.68
6,060.68
Total Investment Pool 382,679.34
3,982,301.46
7,116.44

0.00 3,989,417.90
7,116.44
7,116.44
6,060.68
6,060.68

0.00 0.00

0.00 6,060.68 6,060.68
TOTAL PORTFOLIO 382,679.34
3,982,301.46
7,116.44

0.00 3,989,417.90
7,116.44
7,116.44
6,060.68
6,060.68

0.00 0.00

0.00 6,060.68 6,060.68
Chandler Asset Management - CONFIDENTIAL Page 4 Execution Time: 3/16/2024 6:56:54 PM Cash Flow Report
As of February 29, 2024
City of Patterson
Account #1106
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/01/2024 Dividend 99CAMBX$1 382,679.34 CSJVRMA Inv Pool Investment Pool 0.00 6,060.68 6,060.68 MAR 2024 0.00 6,060.68 6,060.68
TOTAL 0.00 6,060.68 6,060.68
Chandler Asset Management - CONFIDENTIAL Page 5 Execution Time: 3/16/2024 6:56:54 PM Important Disclosures City of Patterson
Account #1106
Chandler Asset Management, Inc. ;͞Chandler͟Ϳis an SEC registered investment adviser. For additional information about our firm, please see our current disclosures (Form ADV). To obtain a copy of our current disclosures, you may contact your client service representative by calling the number on the front of this statement or you may visit our website at www.chandlerasset.com.

Source ice Data Indices, LLC ("ICE"), used with permission. ICE PERMITS USE OF THE ICE INDICES AND RELATED DATA ON AN "AS IS" BASIS; ICE, ITS AFFILIATES AND THEIR RESPECTIVE

Ratings: Ratings information have been provided by Moody͛s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

Chandler Asset Management - CONFIDENTIAL Page 6 Execution Time: 3/16/2024 6:56:54 PM Benchmark Index & Disclosures City of Patterson
Account #1106
Benchmark Index Disclosure
ICE BofA 1-5 Yr US Treasury & Agency
Index
The ICE BofA 1-5 Year US Treasury & Agency Index tracks the performance of US dollar denominated US Treasury and nonsubordinated US agency debt issued in the US domestic market. Qualifying securities must have an investment grade rating (based on an average of Moody͛s, S&P and Fitch). Qualifying securities must have at least one year remaining term to final maturity and less than five years remaining term to final maturity, at least 18 months to maturity at time of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for sovereigns and $250 million for agencies.

Chandler Asset Management - CONFIDENTIAL Page 7 Execution Time: 3/16/2024 6:56:54 PM

MONTHLY ACCOUNT STATEMENT
City of Patterson | Account #1106 | As of March 31, 2024 CHANDLER ASSET MANAGEMENT | chandlerasset.com
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures at the end of the statement.

Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian:

PORTFOLIO SUMMARY
Performance Review
Total Rate of Return 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS Since Inception (07/01/04)
City of Patterson 0.43% 0.99% 0.99% 2.48% 1.02% (0.59%) 1.00% 1.21% 2.34% Benchmark Return* 0.36% (0.01%) (0.01%) 2.45% 1.02% (0.58%) 0.96% 1.12% 2.17% Secondary Benchmark Return* 0.39% 0.06% 0.06% 2.68% 1.13% (0.51%) 1.05% 1.22% 2.24% *Periods over 1 year are annualized.

Benchmark: ICE BofA 1-5 Year Unsubordinated US Treasury & Agency Index Secondary Benchmark: ICE BofA 1-5 Year AAA-A Corp/Govt Account Summary
Beg. Values as of
03/01/2024
End Values as of
03/31/2024
Market Value 3,965,972.83 3,967,226.25
Accrued Interest 0.00 0.00
Total Market Value 3,965,972.83 3,967,226.25
Income Earned 7,116.44 14,650.20
Cont/WD 0.00 0.00
Par 382,679.34 384,098.52
Book Value 3,989,417.90 4,004,068.10
Cost Value 3,989,417.90 4,004,068.10

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P
Fitch
Maturity
Duration

INVESTMENT
POOL
99CAMBX$1 CSJVRMA Investment Pool 384,098.52 --

0.00%
4,004,068.10
4,004,068.10

10.33 3,967,226.25

0.00 100.00%
(36,841.85)
NA/NA
NA
Total Investment
Pool 384,098.52 0.00%
4,004,068.10
4,004,068.10

10.33 3,967,226.25

0.00 100.00%
(36,841.85)
NA/NA
NA
Total Portfolio 384,098.52 0.00%
4,004,068.10
4,004,068.10

10.33 3,967,226.25

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 03/01/2024 99CAMBX$1 587.28 CSJVRMA Investment Pool 10.320 (6,060.68) 0.00 (6,060.68) 0.00 Purchase 03/31/2024 99CAMBX$1 673.06 CSJVRMA Investment Pool 10.329 (6,951.79) 0.00 (6,951.79) 0.00 Total Purchase 1,260.34 (13,012.47) 0.00 (13,012.47) 0.00 TOTAL ACQUISITIONS 1,260.34 (13,012.47) 0.00 (13,012.47) 0.00 OTHER

TRANSACTIONS
Equity Dividend 03/01/2024 99CAMBX$1 0.00 CSJVRMA Investment Pool 6,060.68 0.00 6,060.68 0.00 Equity Dividend 03/31/2024 99CAMBX$1 0.00 CSJVRMA Investment Pool 6,951.79 0.00 6,951.79 0.00 Total Equity Dividend 0.00 13,012.47 0.00 13,012.47 0.00

INCOME EARNED
Cusip Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income

INVESTMENT POOL
99CAMBX$1 CSJVRMA Investment Pool
384,098.52
3,989,417.90
14,650.20

0.00 4,004,068.10

0.00 14,650.20

0.00 0.00

0.00 14,650.20
14,650.20
Total Investment Pool 384,098.52
3,989,417.90
14,650.20

0.00 4,004,068.10

0.00 14,650.20

0.00 0.00

0.00 14,650.20 14,650.20
TOTAL PORTFOLIO 384,098.52
3,989,417.90
14,650.20

0.00 4,004,068.10

0.00 14,650.20

0.00 0.00

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount
Grand Total
CONFIDENTIAL | 7
City of Patterson | Account #1106 | As of March 31, 2024 Execution Time: 04/12/2024 03:29:03 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

IMPORTANT DISCLOSURES
Chandler Asset Management, Inc. (“Chandler”) is an SEC registered investment adviser. For additional information about our firm, please see our current disclosures (Form ADV).

To obtain a copy of our current disclosures, you may contact your client service representative by calling the number on the front of this statement or you may visit our website at www.chandlerasset.com.

Performance: Performance results are presented gross-of-advisory fees and represent the client’s Total Return. The deduction of advisory fees lowers performance results. These results include the reinvestment of dividends and other earnings. Past performance may not be indicative of future results. Therefore, clients should not assume that future performance of any specific investment or investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. Economic factors, market conditions or changes in investment strategies, contributions or withdrawals may materially alter the performance and results of your portfolio.

Source ice Data Indices, LLC (“ICE”), used with permission. ICE PERMITS USE OF THE ICE INDICES AND RELATED DATA ON AN “AS IS” BASIS; ICE, ITS AFFILIATES AND

THEIR RESPECTIVE THIRD PARTY SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS, EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM.

NEITHER ICE DATA, ITS AFFILIATES OR THEIR RESPECTIVE THIRD PARTY PROVIDERS GUARANTEE THE QUALITY, ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES OR THE INDEX DATA OR ANY COMPONENT THEREOF, AND THE INDICES AND INDEX DATA AND ALL COMPONENTS THEREOF ARE PROVIDED ON AN “AS IS” BASIS AND LICENSEE’S USE IS AT LICENSEE’S OWN RISK. ICE DATA, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY DO NOT SPONSOR, ENDORSE, OR RECOMMEND CHANDLER, OR ANY OF ITS PRODUCTS OR SERVICES.

Ratings: Ratings information have been provided by Moody’s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

Security level ratings for U.S. Agency issued mortgage-backed securities (“MBS”) reflect the issuer rating because the securities themselves are not rated. The issuing U.S. Agency guarantees the full and timely payment of both principal and interest and carries a AA+/Aaa/AAA by S&P, Moody’s and Fitch respectively.

BENCHMARK INDEX & DISCLOSURES
Benchmark Disclosure
ICE BofA 1-5 Yr US Treasury & Agency
Index
The ICE BofA 1-5 Year US Treasury & Agency Index tracks the performance of US dollar denominated US Treasury and nonsubordinated US agency debt issued in the US domestic market. Qualifying securities must have an investment grade rating (based on an average of Moody’s, S&P and Fitch). Qualifying securities must have at least one year remaining term to final maturity and less than five years remaining term to final maturity, at least 18 months to maturity at time of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for sovereigns and $250 million for agencies.

ICE BofA 1-5 Year AAA-A Corp/Govt
The ICE BofA US Issuers 1-5 Year AAA-A US Corporate & Government Index tracks the performance of US dollar denominated investment grade debt publicly issued in the US domestic market, including US Treasury, US agency, foreign government, supranational, and corporate securities. Qualifying securities must be issued from US issuers and be rated AAA through A3 (based on an average of Moody's, S&P and Fitch). In addition, qualifying securities must have at least one year remaining term to final maturity and less than five years remaining term to final maturity, at least 18 months to final maturity at point of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for US Treasuries and $250 million for all other securities.

MONTHLY ACCOUNT STATEMENT
City of Patterson | Account #1106 | As of April 30, 2024 CHANDLER ASSET MANAGEMENT | chandlerasset.com
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures at the end of the statement.

Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian:

PORTFOLIO SUMMARY
Performance Review
Total Rate of Return 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS Since Inception (07/01/04)
City of Patterson (0.34%) (0.27%) 0.11% 1.16% 1.03% (0.95%) 0.79% 1.10% 2.28% Benchmark Return* (0.75%) (1.11%) (0.76%) 1.26% 1.07% (0.88%) 0.77% 1.02% 2.12% Secondary Benchmark Return* (0.73%) (1.04%) (0.68%) 1.48% 1.22% (0.81%) 0.86% 1.12% 2.20% *Periods over 1 year are annualized.

Benchmark: ICE BofA 1-5 Year Unsubordinated US Treasury & Agency Index Secondary Benchmark: ICE BofA 1-5 Year AAA-A Corp/Govt Account Summary
Beg. Values as of
04/01/2024
End Values as of
04/30/2024
Market Value 3,965,595.76 3,952,046.44
Accrued Interest 0.00 0.00
Total Market Value 3,965,595.76 3,952,046.44
Income Earned 13,012.47 6,239.61
Cont/WD 0.00 0.00
Par 383,940.66 384,547.80
Book Value 4,002,430.37 4,008,669.99
Cost Value 4,002,430.37 4,008,669.99

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P
Fitch
Maturity
Duration

INVESTMENT
POOL
99CAMBX$1 CSJVRMA Investment Pool 384,547.80 --

0.00%
4,008,669.99
4,008,669.99

10.28 3,952,046.44

0.00 100.00%
(56,623.54)
NA/NA
NA
Total Investment
Pool 384,547.80 0.00%
4,008,669.99
4,008,669.99

10.28 3,952,046.44

0.00 100.00%
(56,623.54)
NA/NA
NA
Total Portfolio 384,547.80 0.00%
4,008,669.99
4,008,669.99

10.28 3,952,046.44

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 04/30/2024 99CAMBX$1 607.14 CSJVRMA Investment Pool 10.277 (6,239.61) 0.00 (6,239.61) 0.00 Total Purchase 607.14 (6,239.61) 0.00 (6,239.61) 0.00
TOTAL ACQUISITIONS 607.14 (6,239.61) 0.00 (6,239.61) 0.00 OTHER

TRANSACTIONS
Equity Dividend 04/30/2024 99CAMBX$1 0.00 CSJVRMA Investment Pool 6,239.61 0.00 6,239.61 0.00 Total Equity Dividend 0.00 6,239.61 0.00 6,239.61 0.00

INVESTMENT POOL
99CAMBX$1 CSJVRMA Investment Pool
384,547.80
4,002,430.37
6,239.61

0.00 4,008,669.99

0.00 6,239.61

0.00 0.00

0.00 6,239.61
6,239.61
Total Investment Pool 384,547.80
4,002,430.37
6,239.61

0.00 4,008,669.99

0.00 6,239.61

0.00 0.00

0.00 6,239.61 6,239.61
TOTAL PORTFOLIO 384,547.80
4,002,430.37
6,239.61

0.00 4,008,669.99

0.00 6,239.61

0.00 0.00

Source ice Data Indices, LLC (“ICE”), used with permission. ICE PERMITS USE OF THE ICE INDICES AND RELATED DATA ON AN “AS IS” BASIS; ICE, ITS AFFILIATES AND

Ratings: Ratings information have been provided by Moody’s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

MONTHLY ACCOUNT STATEMENT
City of Patterson | Account #1106 | As of May 31, 2024
CHANDLER ASSET MANAGEMENT | chandlerasset.com
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures at the end of the statement.

Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian:

PORTFOLIO SUMMARY
Performance Review
Total Rate of Return 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS Since Inception (07/01/04)
City of Patterson 0.83% 0.91% 0.93% 2.38% 1.16% (0.73%) 0.78% 1.14% 2.31% Benchmark Return* 0.88% 0.48% 0.12% 2.70% 1.20% (0.65%) 0.75% 1.07% 2.15% Secondary Benchmark Return* 0.90% 0.54% 0.21% 2.92% 1.35% (0.58%) 0.85% 1.17% 2.23% *Periods over 1 year are annualized.

Benchmark: ICE BofA 1-5 Year Unsubordinated US Treasury & Agency Index Secondary Benchmark: ICE BofA 1-5 Year AAA-A Corp/Govt Account Summary
Beg. Values as of
05/01/2024
End Values as of
05/31/2024
Market Value 3,952,046.44 3,984,674.75
Accrued Interest 0.00 0.00
Total Market Value 3,952,046.44 3,984,674.75
Income Earned 6,239.61 8,025.65
Cont/WD 0.00 0.00
Par 384,547.80 385,323.89
Book Value 4,008,669.99 4,016,695.64
Cost Value 4,008,669.99 4,016,695.64

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration

INVESTMENT
POOL
99CAMBX$1 CSJVRMA Investment Pool 385,323.89 --

0.00%
4,016,695.64
4,016,695.64

10.34 3,984,674.75

0.00 100.00%
(32,020.88)
NA/NA
NA
Total Investment
Pool 385,323.89 0.00%
4,016,695.64
4,016,695.64

10.34 3,984,674.75

0.00 100.00%
(32,020.88)
NA/NA
NA
Total Portfolio 385,323.89 0.00%
4,016,695.64
4,016,695.64

10.34 3,984,674.75

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 05/31/2024 99CAMBX$1 776.09 CSJVRMA Investment Pool 10.341 (8,025.65) 0.00 (8,025.65) 0.00
Total Purchase 776.09 (8,025.65) 0.00 (8,025.65) 0.00
TOTAL
ACQUISITIONS 776.09 (8,025.65) 0.00 (8,025.65) 0.00
OTHER
Equity Dividend 05/31/2024 99CAMBX$1 0.00 CSJVRMA Investment Pool 8,025.65 0.00 8,025.65 0.00
Total Equity
Dividend 0.00 8,025.65 0.00 8,025.65 0.00

INVESTMENT POOL
99CAMBX$1 CSJVRMA Investment Pool
385,323.89
4,008,669.99
8,025.65

0.00 4,016,695.64

0.00 8,025.65

0.00 0.00

0.00 8,025.65
8,025.65
Total Investment Pool 385,323.89
4,008,669.99
8,025.65

0.00 4,016,695.64

0.00 8,025.65

0.00 0.00

0.00 8,025.65 8,025.65
TOTAL PORTFOLIO 385,323.89
4,008,669.99
8,025.65

0.00 4,016,695.64

0.00 8,025.65

0.00 0.00

Source ice Data Indices, LLC (“ICE”), used with permission. ICE PERMITS USE OF THE ICE INDICES AND RELATED DATA ON AN “AS IS” BASIS; ICE, ITS AFFILIATES AND

Ratings: Ratings information have been provided by Moody’s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

MONTHLY ACCOUNT STATEMENT
City of Patterson | Account #1106 | As of June 30, 2024 CHANDLER ASSET MANAGEMENT | chandlerasset.com
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures at the end of the statement.

Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian:

PORTFOLIO SUMMARY
Performance Review
Total Rate of Return 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS Since Inception (07/01/04)
City of Patterson 0.19% 0.68% 1.13% 4.43% 2.23% (0.18%) 0.95% 1.30% 2.38% Benchmark Return* 0.70% 0.82% 0.81% 4.18% 1.85% (0.34%) 0.76% 1.15% 2.18% Secondary Benchmark Return* 0.68% 0.84% 0.90% 4.34% 2.02% (0.28%) 0.85% 1.25% 2.26% *Periods over 1 year are annualized.

Benchmark: ICE BofA 1-5 Year Unsubordinated US Treasury & Agency Index Secondary Benchmark: ICE BofA 1-5 Year AAA-A Corp/Govt Account Summary
Beg. Values as of
06/01/2024
End Values as of
06/30/2024
Market Value 3,984,674.75 3,992,340.28
Accrued Interest 0.00 0.00
Total Market Value 3,984,674.75 3,992,340.28
Income Earned 8,025.65 7,665.53
Cont/WD 0.00 0.00
Par 385,323.89 386,065.16
Book Value 4,016,695.64 4,024,361.16
Cost Value 4,016,695.64 4,024,361.16

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration

INVESTMENT
POOL
99CAMBX$1 CSJVRMA Investment Pool 386,065.16 --

0.00%
4,024,361.16
4,024,361.16

10.34 3,992,340.28

0.00 100.00%
(32,020.88)
NA/NA
NA
Total Investment
Pool 386,065.16 0.00%
4,024,361.16
4,024,361.16

10.34 3,992,340.28

0.00 100.00%
(32,020.88)
NA/NA
NA
Total Portfolio 386,065.16 0.00%
4,024,361.16
4,024,361.16

10.34 3,992,340.28

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 06/30/2024 99CAMBX$1 741.27 CSJVRMA Investment Pool 10.341 (7,665.53) 0.00 (7,665.53) 0.00
Total Purchase 741.27 (7,665.53) 0.00 (7,665.53) 0.00
TOTAL
ACQUISITIONS 741.27 (7,665.53) 0.00 (7,665.53) 0.00
OTHER
Equity Dividend 06/30/2024 99CAMBX$1 0.00 CSJVRMA Investment Pool 7,665.53 0.00 7,665.53 0.00
Total Equity
Dividend 0.00 7,665.53 0.00 7,665.53 0.00

INVESTMENT POOL
99CAMBX$1 CSJVRMA Investment Pool
386,065.16
4,016,695.64
7,665.53

0.00 4,024,361.16

0.00 7,665.53

0.00 0.00

0.00 7,665.53
7,665.53
Total Investment Pool 386,065.16
4,016,695.64
7,665.53

0.00 4,024,361.16

0.00 7,665.53

0.00 0.00

0.00 7,665.53 7,665.53
TOTAL PORTFOLIO 386,065.16
4,016,695.64
7,665.53

0.00 4,024,361.16

0.00 7,665.53

0.00 0.00

Source ice Data Indices, LLC (“ICE”), used with permission. ICE PERMITS USE OF THE ICE INDICES AND RELATED DATA ON AN “AS IS” BASIS; ICE, ITS AFFILIATES AND

Ratings: Ratings information have been provided by Moody’s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

July 4.516
June 4.480
May 4.332
April 4.272
March 4.232
February 4.122
PMIA Average Life(1): 217
LAIF Fair Value Factor(1): 0.996316042
PMIA Daily(1): 4.52
PMIA Quarter to Date(1): 4.36
LAIF Apportionment Rate(2): 4.55
LAIF Earnings Ratio(2): 0.00012419067099490
LAIF Administrative Cost(1)*: 0.16
Treasuries

56.92%
Agencies

24.41%
Certificates of
Deposit/Bank Notes

8.68%
Time
Deposits

2.84%
Commercial
Paper

6.56%
Corporate
Bonds

0.39%
Loans

0.20%
Notes: The apportionment rate includes interest earned on the CalPERS Supplemental Pension Payment pursuant to Government Code 20825 (c)(1) and interest earned on the Wildfire Fund loan pursuant to Public Utility Code 3288 (a). *The percentage of administrative cost equals the total administrative cost divided by the quarterly interest earnings. The l aw provides that administrative costs are not to exceed 5% of quarterly EARNINGS of the fund. However, if the 13 -week Daily Treasury Bill Rate on the last day of the fiscal year is below 1%, then administrative costs shall not exceed 8% of quarterly EARNINGS of the fund for the subseque nt fiscal year.

Source:
(1) State of California, Office of the Treasurer
(2) State of Calfiornia, Office of the Controller
PMIA Average Monthly
Effective Yields(1)
PMIA/LAIF Performance Report
as of 8/07/24
Daily rates are now available here. View PMIA Daily Rates Quarterly Performance
Quarter Ended 06/30/24
Chart does not include $1,567,000.00 in mortgages, which equates to 0.001%. Percentages may not total 100% due to rounding.

Pooled Money Investment Account
Monthly Portfolio Composition (1)
6/30/24
$178.0 billion
MALIA M. COHEN
California State Controller

LOCAL AGENCY INVESTMENT FUND

REMITTANCE ADVICE
Agency Name PATTERSON
Account Number 98-50-644
As of 04/15/2024, your Local Agency Investment Fund account has been directly credited with the interest earned on your deposits for the quarter ending 03/31/2024.

Earnings Ratio .00011755619077389
Interest Rate 4.30%
Dollar Day Total $ 4,081,840,647.29
Quarter End Principal Balance $ 38,162,359.09
Quarterly Interest Earned $ 479,845.64
Untitled Page https://laif.sco.ca.gov/Result.aspx
1 of 1 4/15/2024, 2:34 PM

! "

#
#!$ %&'()'*++
,)-./(.0)0+1 #

2,!#3
#4
,$3
33
544,
3 #36,,47#
3
)*.8).0)0+

)))/0+/%)*-)%%+%)
,

+((9

:+1&)%18/01-%/+-
;#

3"6

: (%18%&10)+-8
;#

,

3 :(%-10-/-&

CITY OF PATTERSON
PARS Post-Employment Benefits Trust 1/1/2024 to 1/31/2024 Ken Irwin
City Manager
City of Patterson
P.O. Box 667
Patterson, CA 95363
Account Summary
Source 1/1/2024 Contributions Earnings Expenses Distributions Transfers 1/31/2024 OPEB 1001 $1,355,669.13 $0.00 $493.45 $654.88 $0.00 $0.00 $1,355,507.70 PENSION 1002 $2,128,984.70 $0.00 $1,735.20 $1,030.77 $0.00 $0.00 $2,129,689.13 Totals $3,484,653.83 $0.00 $2,228.65 $1,685.65 $0.00 $0.00 $3,485,196.83 Investment Selection
Source
OPEB

PENSION
Investment Objective
Source
OPEB

PENSION
Investment Return
Source 1-Month 3-Months 1-Year 3-Years 5-Years 10-Years OPEB 0.04% 12.00% 8.60% - - - 4/20/2022
PENSION 0.08% 10.55% 6.74% - - - 4/20/2022
Information as provided by US Bank, Trustee for PARS; Not FDIC Insured; No Bank Guarantee; May Lose Value Headquarters - 4350 Von Karman Ave., Suite 100, Newport Beach, CA 92660 800.540.6369 Fax 949.250.1250 www.pars.org Balance as of
The dual goals of the Moderate Strategy are growth of principal and income. It is expected that dividend and interest income will comprise a significant portion of total return, although growth through capital appreciation is equally important. The portfolio will be allocated between equity and fixed income investments.

Moderately Conservative HighMark PLUS
Plan's Inception Date
Account balances are inclusive of Trust Administration, Trustee and Investment Management fees Annualized Return
Investment Return: Annualized rate of return is the return on an investment over a period other than one year multiplied or divided to give a comparable one-year return.

Past performance does not guarantee future results. Performance returns may not reflect the deduction of applicable fees, which could reduce returns. Information is deemed reliable but may be subject to change.

The dual goals of the Moderately Conservative Strategy are current income and moderate capital appreciation. The major portion of the assets is committed to income-producing securities. Market fluctuations should be expected.

Account Report for the Period
Balance as of
Moderate HighMark PLUS

CITY OF PATTERSON
PARS Post-Employment Benefits Trust 2/1/2024 to 2/29/2024 Ken Irwin
City Manager
City of Patterson
P.O. Box 667
Patterson, CA 95363
Account Summary
Source 2/1/2024 Contributions Earnings Expenses Distributions Transfers 2/29/2024 OPEB 1001 $1,355,507.70 $0.00 $25,336.22 $658.63 $0.00 $0.00 $1,380,185.29 PENSION 1002 $2,129,689.13 $0.00 $14,317.68 $1,034.61 $0.00 $0.00 $2,142,972.20 Totals $3,485,196.83 $0.00 $39,653.90 $1,693.24 $0.00 $0.00 $3,523,157.49 Investment Selection
Source
OPEB

PENSION
Investment Objective
Source
OPEB

PENSION
Investment Return
Source 1-Month 3-Months 1-Year 3-Years 5-Years 10-Years OPEB 1.87% 6.79% 13.33% - - - 4/20/2022
PENSION 0.67% 5.15% 9.85% - - - 4/20/2022
Information as provided by US Bank, Trustee for PARS; Not FDIC Insured; No Bank Guarantee; May Lose Value Headquarters - 4350 Von Karman Ave., Suite 100, Newport Beach, CA 92660 800.540.6369 Fax 949.250.1250 www.pars.org Balance as of
The dual goals of the Moderate Strategy are growth of principal and income. It is expected that dividend and interest income will comprise a significant portion of total return, although growth through capital appreciation is equally important. The portfolio will be allocated between equity and fixed income investments.

Moderately Conservative - Strategic Blend
Plan's Inception Date
Account balances are inclusive of Trust Administration, Trustee and Investment Management fees Annualized Return
Investment Return: Annualized rate of return is the return on an investment over a period other than one year multiplied or divided to give a comparable one-year return.

Account Report for the Period
Balance as of
Moderate - Strategic Blend

CITY OF PATTERSON
PARS Post-Employment Benefits Trust 3/1/2024 to 3/31/2024 Ken Irwin
City Manager
City of Patterson
P.O. Box 667
Patterson, CA 95363
Account Summary
Source 3/1/2024 Contributions Earnings Expenses Distributions Transfers 3/31/2024 OPEB 1001 $1,380,185.29 $0.00 $29,919.47 $667.90 $0.00 $0.00 $1,409,436.86 PENSION 1002 $2,142,972.20 $0.00 $37,176.47 $1,044.14 $0.00 $0.00 $2,179,104.53 Totals $3,523,157.49 $0.00 $67,095.94 $1,712.04 $0.00 $0.00 $3,588,541.39 Investment Selection
Source
OPEB

PENSION
Investment Objective
Source
OPEB

PENSION
Investment Return
Source 1-Month 3-Months 1-Year 3-Years 5-Years 10-Years OPEB 2.17% 4.12% 13.96% - - - 4/20/2022
PENSION 1.73% 2.49% 9.89% - - - 4/20/2022
Information as provided by US Bank, Trustee for PARS; Not FDIC Insured; No Bank Guarantee; May Lose Value Headquarters - 4350 Von Karman Ave., Suite 100, Newport Beach, CA 92660 800.540.6369 Fax 949.250.1250 www.pars.org Account balances are inclusive of Trust Administration, Trustee and Investment Management fees Annualized Return
Investment Return: Annualized rate of return is the return on an investment over a period other than one year multiplied or divided to give a comparable one-year return.

Account Report for the Period
Balance as of
Moderate - Strategic Blend
Balance as of
The dual goals of the Moderate Strategy are growth of principal and income. It is expected that dividend and interest income will comprise a significant portion of total return, although growth through capital appreciation is equally important. The portfolio will be allocated between equity and fixed income investments.

Moderately Conservative - Strategic Blend
Plan's Inception Date

CITY OF PATTERSON
PARS Post-Employment Benefits Trust 4/1/2024 to 4/30/2024 Ken Irwin
City Manager
City of Patterson
P.O. Box 667
Patterson, CA 95363
Account Summary
Source 4/1/2024 Contributions Earnings Expenses Distributions Transfers 4/30/2024 OPEB 1001 $1,409,436.86 $0.00 -$43,256.63 $684.94 $0.00 $0.00 $1,365,495.29 PENSION 1002 $2,179,104.53 $0.00 -$59,392.38 $1,060.90 $0.00 $0.00 $2,118,651.25 Totals $3,588,541.39 $0.00 -$102,649.01 $1,745.84 $0.00 $0.00 $3,484,146.54 Investment Selection
Source
OPEB

PENSION
Investment Objective
Source
OPEB

PENSION
Investment Return
Source 1-Month 3-Months 1-Year 3-Years 5-Years 10-Years OPEB -3.07% 0.89% 9.68% - - - 4/20/2022
PENSION -2.73% -0.38% 6.14% - - - 4/20/2022
Information as provided by US Bank, Trustee for PARS; Not FDIC Insured; No Bank Guarantee; May Lose Value Headquarters - 4350 Von Karman Ave., Suite 100, Newport Beach, CA 92660 800.540.6369 Fax 949.250.1250 www.pars.org Account balances are inclusive of Trust Administration, Trustee and Investment Management fees Annualized Return
Investment Return: Annualized rate of return is the return on an investment over a period other than one year multiplied or divided to give a comparable one-year return.

Moderately Conservative - Strategic Blend
Plan's Inception Date

CITY OF PATTERSON
PARS Post-Employment Benefits Trust 5/1/2024 to 5/31/2024 Fernando Ulloa
City Manager
City of Patterson
P.O. Box 667
Patterson, CA 95363
Account Summary
Source 5/1/2024 Contributions Earnings Expenses Distributions Transfers 5/31/2024 OPEB 1001 $1,365,495.29 $0.00 $41,908.22 $680.13 $0.00 $0.00 $1,406,723.38 PENSION 1002 $2,118,651.25 $0.00 $53,678.89 $1,052.98 $0.00 $0.00 $2,171,277.16 Totals $3,484,146.54 $0.00 $95,587.11 $1,733.11 $0.00 $0.00 $3,578,000.54 Investment Selection
Source
OPEB

PENSION
Investment Objective
Source
OPEB

PENSION
Investment Return
Source 1-Month 3-Months 1-Year 3-Years 5-Years 10-Years OPEB 3.07% 2.07% 13.92% - - - 4/20/2022
PENSION 2.53% 1.46% 9.67% - - - 4/20/2022
Information as provided by US Bank, Trustee for PARS; Not FDIC Insured; No Bank Guarantee; May Lose Value Headquarters - 4350 Von Karman Ave., Suite 100, Newport Beach, CA 92660 800.540.6369 Fax 949.250.1250 www.pars.org Balance as of
The dual goals of the Moderate Strategy are growth of principal and income. It is expected that dividend and interest income will comprise a significant portion of total return, although growth through capital appreciation is equally important. The portfolio will be allocated between equity and fixed income investments.

Account Report for the Period
Balance as of
Moderate - Strategic Blend

CITY OF PATTERSON
PARS Post-Employment Benefits Trust 6/1/2024 to 6/30/2024 Fernando Ulloa
City Manager
City of Patterson
P.O. Box 667
Patterson, CA 95363
Account Summary
Source 6/1/2024 Contributions Earnings Expenses Distributions Transfers 6/30/2024 OPEB 1001 $1,406,723.38 $0.00 $18,797.86 $676.32 $0.00 $0.00 $1,424,844.92 PENSION 1002 $2,171,277.16 $0.00 $25,531.77 $1,047.02 $0.00 $0.00 $2,195,761.91 Totals $3,578,000.54 $0.00 $44,329.63 $1,723.34 $0.00 $0.00 $3,620,606.83 Investment Selection
Source
OPEB

PENSION
Investment Objective
Source
OPEB

PENSION
Investment Return
Source 1-Month 3-Months 1-Year 3-Years 5-Years 10-Years OPEB 1.34% 1.24% 11.96% - - - 4/20/2022
PENSION 1.18% 0.91% 8.95% - - - 4/20/2022
Information as provided by US Bank, Trustee for PARS; Not FDIC Insured; No Bank Guarantee; May Lose Value Headquarters - 4350 Von Karman Ave., Suite 100, Newport Beach, CA 92660 800.540.6369 Fax 949.250.1250 www.pars.org Account balances are inclusive of Trust Administration, Trustee and Investment Management fees Annualized Return
Investment Return: Annualized rate of return is the return on an investment over a period other than one year multiplied or divided to give a comparable one-year return.

Moderately Conservative - Strategic Blend
Plan's Inception Date
City of Patterson
Cash Reconcilliation Prepared by
3/31/2024
694-054792 047-922257 047-922265 058-333279 050-974450
Approved by
B of West B of West B of West B of West
B of West BP CFD 2005-1 A/K CFD 2015-1 CC PAY PAD WW REFI RES Petty Cash LAIF CSJVRMA B of West TOTAL 0013 0012 0012 0015 0016 0020 0050 0051 0014
Beginning Balance $ 5,260,639.09 $ 288,072.03 $ - $ 398,524.88 $ 405,080.73 $ 1,245.00 $ 50,997,359.09 $ 3,989,417.90 $ 43,227.11 $ 61,383,565.83 Revenue
Daily Receipts $ 1,988,220.69 $ 6,850.75 $ 1,995,071.44 Electronic Deposits $ 14,314,255.58 $ 14,314,255.58
Aquatic Center $ 3,660.00 $ 3,660.00
ADJ $ (2,938.22) $ (2,938.22)
Web Payment Receipts $ 707,271.77 $ 707,271.77
ACH Receipts $ 89,690.19 $ 11,595.04 $ 101,285.23
Transfer $ (408,731.93) $ (12,835,000.00) $ (49,343.89) $ (13,293,075.82) Interest Income $ 14,763.00 $ 13,012.47 $ 27,775.47
Revenue $ 17,100,160.01 $ - $ - $ (397,136.89) $ 14,763.00 $ - $ (12,835,000.00) $ 13,012.47 $ (42,493.14) $ 3,853,305.45 Expenses
Warrants $ 8,484,139.75 $ 8,484,139.75
Payroll Warrants $ 25,014.30 $ 25,014.30
Payroll ACH $ 896,857.86 $ 896,857.86
Payroll Taxes $ 311,955.78 $ 311,955.78
Wire Transfer Out $ 537,202.44 $ 537,202.44
Return Cks/Fees $ - $ 446.00 $ 446.00
Prior Period Void Cks $ (2,051.28) $ (2,051.28)
Wire Transfer Fee $ -
Petty Cash Reim. $ -
Bank Fees $ 309.61 $ 71.38 $ 287.97 $ 668.96
Expenses $ 10,253,118.85 $ - $ - $ 309.61 $ 71.38 $ - $ - $ - $ 733.97 $ 10,254,233.81 Revenue - Expense $ 6,847,041.16 $ - $ - $ (397,446.50) $ 14,691.62 $ - $ (12,835,000.00) $ 13,012.47 $ (43,227.11) $ (6,400,928.36) Ending Balance $ 12,107,680.25 $ 288,072.03 $ - $ 1,078.38 $ 419,772.35 $ 1,245.00 $ 38,162,359.09 $ 4,002,430.37 $ (0.00) $ 54,982,637.47 General Ledger $ 12,107,680.25 $ 288,072.03 $ - $ 1,078.38 $ 419,772.35 $ 1,245.00 $ 38,162,359.09 $ 4,002,430.37 $ 45.00 $ 54,982,682.47 Deposits cleared on April 2024 $ (120.00)
Transactions not recorded in Springbrook - July 2023 $ 66.00 Cash over/short $ 5.00
Duplicate payment - July 2023 $ 4.00
Adjusted General Ledger $ 38,162,359.09 $ 4,002,430.37 $ - $ 12,107,680.25 $ 288,072.03 $ - $ 1,078.38 $ 419,772.35 $ 1,245.00 $ 38,162,359.09 $ 4,002,430.37 $ - $ 54,982,637.47 Difference $ - $ - $ - $ (0.00) $ - $ - $ - $ - $ (0.00) $ - Bank Statement $ 18,445,054.10 $ 288,072.03 $ - 654.25 $ 419,772.35 $ 1,245.00 $ 38,162,359.09 $ 4,002,430.37 $ - $ 61,319,587.19 Less O/S Checks $ (6,634,601.35)
Deposits in Transit $ 297,227.50 $ 424.13

WEB PMT IN TRANS
$ 12,107,680.25 $ 288,072.03 $ - $ 1,078.38 $ 419,772.35 $ 1,245.00 $ 38,162,359.09 $ 4,002,430.37 $ - $ 54,982,637.47 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Interest Income Monthly Monthly Monthly Monthly Monthly none Jul/Oct/Jan/Apr Monthly - c/s
City of Patterson
Cash Reconcilliation Prepared by
6/30/2024
694-054792 047-922257 047-922265 058-333279 050-974450
Approved by
B of West B of West B of West B of West
B of West BP CFD 2005-1 A/K CFD 2015-1 CC PAY PAD WW REFI RES Petty Cash LAIF CSJVRMA B of West TOTAL 0013 0012 0012 0015 0016 0020 0050 0051 0014
Beginning Balance $ 4,536,370.29 $ 288,072.03 $ - $ 35,822.46 $ 422,180.93 $ 1,245.00 $ 58,532,204.73 $ 4,016,695.64 $ 72,370.53 $ 67,904,961.61 Revenue
Daily Receipts $ 3,431,793.48 $ 23,040.75 $ 3,454,834.23 Electronic Deposits $ 203,506.61 $ 203,506.61
Aquatic Center $ 9,483.50 $ 9,483.50
$ (2,613.91) $ (2,613.91)
Web Payment Receipts $ 727,797.07 $ 727,797.07
ACH Receipts $ 105,607.28 $ 8,333.82 $ 113,941.10
Transfer $ (14,759.70) $ 866,000.00 $ 851,240.30
Interest Income $ 1,304.88 $ 7,665.53 $ 8,970.41
Revenue $ 4,475,574.03 $ - $ - $ 8,333.82 $ (13,454.82) $ - $ 866,000.00 $ 7,665.53 $ 23,040.75 $ 5,367,159.31 Expenses
Warrants $ 3,299,611.08 $ 3,299,611.08
Payroll Warrants $ 42,609.80 $ 42,609.80
Payroll ACH $ 979,912.54 $ 979,912.54
Payroll Taxes $ 238,222.85 $ 238,222.85
Wire Transfer Out $ 413,192.51 $ 413,192.51
Return Cks/Fees $ - $ -
Prior Period Void Cks $ (1,822.00) $ (1,822.00)
Wire Transfer Fee $ -
Petty Cash Reim. $ -
Bank Fees $ 346.17 $ 111.38 $ 2,699.10 $ 3,156.65
Expenses $ 4,971,726.78 $ - $ - $ 346.17 $ 111.38 $ - $ - $ - $ 2,699.10 $ 4,974,883.43 Revenue - Expense $ (496,152.75) $ - $ - $ 7,987.65 $ (13,566.20) $ - $ 866,000.00 $ 7,665.53 $ 20,341.65 $ 392,275.88 Ending Balance $ 4,040,217.54 $ 288,072.03 $ - $ 43,810.11 $ 408,614.73 $ 1,245.00 $ 59,398,204.73 $ 4,024,361.17 $ 92,712.18 $ 68,297,237.49 General Ledger $ 4,040,217.52 $ 288,072.03 $ - $ 43,810.11 $ 408,614.73 $ 1,245.00 $ 59,398,204.73 $ 4,024,361.17 $ 92,323.78 $ 68,296,849.07 Journal Entry - FMV adj
Journal Entry - Interest Income
Adjusted General Ledger $ 59,398,204.73 $ 4,024,361.17 $ - $ 4,040,217.52 $ 288,072.03 $ - $ 43,810.11 $ 408,614.73 $ 1,245.00 $ 59,398,204.73 $ 4,024,361.17 $ 92,323.78 $ 68,296,849.07 Difference $ 0.02 $ - $ - $ - $ - $ - $ - $ - $ 388.40 $ 388.42 Bank Statement $ 5,054,389.80 $ 288,072.03 $ - 43,213.36 $ 408,614.73 $ 1,245.00 $ 59,398,204.73 $ 4,024,361.16 $ 92,712.18 $ 69,310,812.99 Less O/S Checks $ (1,250,937.06)
Deposits in Transit $ 236,764.80 $ 596.75
$ 4,040,217.54 $ 288,072.03 $ - $ 43,810.11 $ 408,614.73 $ 1,245.00 $ 59,398,204.73 $ 4,024,361.16 $ 92,712.18 $ 68,297,237.48 $ 0.02 $ - $ - $ - $ - $ - $ - $ (0.01) $ 388.40 $ 388.41 Interest Income Monthly Monthly Monthly Monthly Monthly none Jul/Oct/Jan/Apr Monthly - c/s
1 DEPARTMENT OF PUBLIC WORKS
“Public Works – Improving Your Quality of Life”

MONTHLY STAFF REPORT
July 2024
Administration & Environmental Compliance Division
 The city has received SRF Loan funding for a city water meter system replacement project.

The project was awarded, and the Contractor (Flowline Inc.) has been replacing the meters.

Over 95% of the residential meters have been replaced and the Contractor is working on meters that are in the commercial areas. (Last update: May 2024).  Staff have been working with Willdan Consulting on updating several City facilities, Parks, and Recreation impact fees. Staff has met with the consultant and the Parks & Recreation Master Plan consultant to finalize the costs associated with parks/recreational facilities. The Public Hearing for this item is scheduled for September 17, 2024. (Last Update: July 2024).  Staff began researching a loan program for businesses to be able to comply with regulatory requirements. The loan guidelines, process, and funding will be presented to the City Council in the next couple of months. (Last Update: March 2024).  Staff have been working closely with Finance to complete the FY 24/25 budget and the public workshop has been completed. This item will be brought to the Council for review and approval on August 20, 2024. (Last Update: July 2024).
 Staff have been working with Finance to complete the Cost Allocation Plan (CAP) Update. The CAP summarizes a comprehensive analysis that has been completed for the city to determine the appropriate allocation of costs from central service departments to the operating departments. The primary objective is to allocate costs from departments that provide services internally to operating departments that conduct the day-to-day operations necessary to serve the community. This item is scheduled for Council review on August 20, 2024. (Updated: July 2024).
 The Garbage Rate Study is now moving forward with Council presentation to initiate proceeding/Prop 218 on September 3, 2024. If adopted, the new five year rate increases would be implemented January 1, 2025. (Update: July 2024).

Grants and Special Projects
 South Park Per Capita Grant: The contract has been awarded (Last Update: May 2024). The work is scheduled to begin once all materials have been received. Estimated construction to begin in Summer 2024.
 These are the main projects which Public Works and Engineering are focusing on. These projects include:
o Staff continue to work with Engineering to develop the City’s Track 1 Trash Implementation Plan to comply with the State’s Trash Policy requirements. The plan was submitted to the State in December 2018 and the City has 10 years from this date to complete the implementation of their full trash capture plan. Design funds were 2 approved in the FY 19/20 budget. Proposals for design were received and a consultant agreement is currently in progress. The kickoff meeting was held, and the project is currently in progress. The city will be submitting their implementation plan and full trash capture device option(s) to the State. Once approved, staff will work on the next phases of this project which includes preliminary projects design/bid plans. The city will be exploring Prop 1 grant opportunities for this project. (No change). o WQCF Administration LEED Building. Construction is complete and staff have moved in. (Last Update: May 2024).
o Ward Avenue Sewer Lift Station Rehabilitation Project. Bids were received, all were significantly over budget. The council has rejected all bids. (Last update: June 2023). o Slurry Seal Project. The scope of the work is being determined and preliminary design is underway. This project will be ready to go out to bid in the summer so that work can be completed in the Fall. (Last update: March 2024).

F.O.G (Fats, Oils, & Grease) Program
The city continues to conduct FOG inspections on a regular basis to ensure compliance.

Businesses that generate fats, oils, and grease are required to have grease interceptors/trap and perform on-going maintenance. The program continues to grow with additional businesses opening up. (Last Update: December 2023).

Storm Water Pollution Prevention Program
 A new Phase II Stormwater Permit is in progress at the State level. Once it is adopted, it will be implemented. The city must comply with everything that is in the current permit. It is anticipated that the new permit will be implemented in 2024. Under this new permit, the school districts will be brought in and will be required to have their own stormwater programs. The new permit has not yet been released. (Last Update: October 2023).  The City awarded the design contract to Stantec Engineering for the design of the City’s trash capturing system. The System will consist of trash capturing devices and improvements at the Olive Avenue regional basin and Salado Creek. The kickoff meeting was held in September and the staff is collaborating with the consultant to identify options for this project. Once the project Cost Estimate is developed, the city will be submitting a stormwater grant application to the State Water Resources Control Board to seek funding assistance for this project. (Last updated: January 2024).

Water Division & Water Conservation Program
The State Water Resources Control Board has rescinded the mandatory conservation standards that have been in place since 2015. The reporting requirements and prohibitions on water waste will remain. The current prohibitions against wasteful water use practices include outdoor watering during or within 48 hours after a rain event; hosing down a sidewalk instead of using a broom or a brush; and overwatering a landscape to where water is running off onto the sidewalk or into the gutter.
3 July 2024 Water Production
Well Production
2 0
4- NP 5,281,000
5 60,427,000
6 100,000,000
7 2,865,000
8 5,861,000
9 38,249,000
11 54,050,000
Keystone-NP 10,000,000
Floragold-NP 23,742,500
TOTAL 300,475,500

1. Number of Follow-ups: 124

2. Number of Warning/Violations: 124

3. Number of Penalties: 0

4. Water Service Connection Requests: 101

5. Water Service Connection Turnoffs: 9

6. Water Work Orders: 1- zero usage, 0-high usage, 9-new meter, 0-leak at meter and 0- meter change.

Committees & Commission
Parks & Recreation and Beautification Commission:
 A regular meeting was held on March 20, 2024, and the agenda and minutes are on the Council’s agenda for review. The next meeting is scheduled for June 6, 2024. (Last Update: May 2024).
 Safety (JEMSAC) Committee: The committee holds regular meetings to go over Safety topics and policies. The next meeting is scheduled for June. (Last update: May 2024).  Traffic Safety Committee: The committee meets regularly or as needed to address any traffic complaints/concerns received. The last meeting was held on March 13, 2024. (Last Update:

March 2024).

Permits Issued
Encroachment Permits, Fire Hydrant Use Permits, Other Permits Issued by Public Works:
 Encroachment Permit = 7
 Fire Hydrant Use Permits = 2
(Last update: Aug 2024).
4 Streets/Collections Division
Work Orders: Streets/Sidewalks = 8 Alleys/Garbage = 3 Collections =4 Seasonal Tasks:
 Storm drains maintenance.
 Repaired potholes throughout the city.
 Performed sewer maintenance.
 Performed sidewalk repairs.
(Last update: Aug 2024).

Electrical Division
Work Orders: Streetlights = 9
Seasonal Tasks this Month:
 Repaired streetlights throughout the city.
 Reviewed Electrical/SCADA plans for Engineering.
 Continued upgrades at the WQCF.
 Worked on Internet issues at the WQCF.
(Last Update: Aug 2024).

Urban Forestry Division
Work Orders: Urban Forestry: 73
Seasonal Tasks this Month:
 Performed tree maintenance.
 Addressed requests for service.
(Last update: Aug 2024).

Parks, Landscape & Building Maintenance Divisions
Park Reservations: All parks are currently closed to reservations and are on a first come first served basis.

Work Orders: Building Maintenance: 21 Parks: 11
Seasonal Tasks & Projects:
 Continued maintenance of all parks and easements.
 Focused on maintenance pruning in LMDs.
 Performed routine maintenance at City Hall.
 Planted 12 trees at Felipe Garza Park to celebrate Arbor Day on April 24,2024 (Last update: Aug 2024).
5 Fleet Services Division
Number of PW equipment repaired/serviced: Number of PW equipment repaired/serviced:
47 Public Works, Recreation and Community Service vehicles and 2 Fire vehicles. (Last update:

Aug 2024).

Water Quality Control Facility (WQCF)

MONTHLY FLOWS AND AVERAGES – July 2024
APRIL 2024 INFLUENT SPOD* NPOD* AIPS

TOTAL FLOW,
MG/ month

54.990 28.421 22.615 4.101
AVG FLOW, MGD 1.774 .971 .730 .132
HIGH FLOW, MGD 1.901 1.039 .841 .152
LOW FLOW, MGD 1.678 .754 .671 .000
Total Capacity,
MGD

2.25 1.25 .800 .200
* SPOD- South Plant Oxidation Ditch (new) * NPOD- North Plant Oxidation Ditch (old) Alarms/Callouts:

Alarms = 207
Callouts = 5
Seasonal Tasks:

1. Prepare AIPS for flow.

2. Process control under adjustment for current weather conditions.

3. Continuing Annual PM work.

LABORATORY RESULTS
APRIL 2024
Avg.

BOD5 TSS TDS pH EC NO3-N TKN TN-N Na Cal
Influent 300 250 * 7.27 * * * * * *
Effluent. 3.2 3.3 1300 7.50 1990 .048 1.3 1.3 230 350
* Not required
(Last update: Aug 2024)
The following events, incidents, and other items were conducted at the Fire Department and/or by Fire Department personnel from July 1-31, 2024
• Incident Type Count Report:
o 224 Emergency Incidents
• Average Reaction Time
o 1 minute-23 seconds
• Response Time Thresholds
o 0-5 minutes
▪ 41%
o 5-7 minutes
▪ 39%
o 7-10 minutes
▪ 12%
o 10+ minutes
▪ 8%
July Monthly Station Response Summary by Station and Shift Report Date Range: July 1 -July 31, 2024
Fir
e
10 0
Rupture/
Explosio
n 200
EMS/
Rescu
e 300
Hazardou
s
Condition
400
Servic
e Call
500
Good
Inten
t 600
Fals
e
Call
700
Severe
Weathe
r 800
Othe
r
900
Shift
Total
s
Station
51 Shift A 2 0 35 2 1 5 1 0 1 47
Shift B 3 0 39 2 6 3 1 0 0 54
Shift C 6 0 44 0 1 4 2 0 0 57
Total 11 0 118 4 8 12 4 0 1 158
City of Patterson
Fire Department
344 West Las Palmas Avenue
Patterson, California 95363
Main: (209) 895-8130
Fax: (209) 895-8139
3210. EMS canceled upon
arrival 3 2 67% 1 33%
322 Vehicle accident with
injuries 8 4 50% 2 25% 2 25%
324. Motor Vehicle accident no
injuries 1 1 100%
411 Gasoline or other flammable
liquid 1 1 100%
412. gass leak (natural gas or
LPG) 5 2 40% 3 60%
500. Service Call, other 1 1 100%
510. Person in distress, other 6 3 50% 3 50%
511. Lock-out 1 1 100%
520. Water problem, other 1 1 100%
554. Assist invalid 1 1 100%
611. Dispatched & canceled enroute 9 9 100%
611E. EMS: Dispatched &
canceled 2 2 100%
611F. Commercial False alarm 2 2 10%

65. Steam, other gas mistaken 1 1 100%
651. Smoke scare, odor of
smoke 3 1 33% 1 33% 1 33%
733 smoke detector activation 2 1 50% 1 50%
736. CO detector activation 1 1 100%
745. Alarm system sounded, no
fire 2 2 100%
900. Special type of incident,
other 1 1 100%
Totals 224 92 41% 87 39% 27 12% 18 8%

AVERAGE REACTION TIME
Station 51
Shift A 1:34
Shift B 1:35
Shift C 1:53
Average Station Reaction Time 1:40
Station 52
Shift A 0:57
Shift B 1:04
Shift C 1:18
Average Station Reaction Time 1:06
Department Average Reaction Time: (HH:MM:SS)
1:23
Station
52 Shift A 1 0 14 0 1 1 1 0 0 18
Shift B 3 0 19 2 0 1 0 0 0 25
Shift C 3 0 16 0 2 2 0 0 0 23
Total 7 0 49 2 3 4 1 0 0 66
Department
Totals
18 0 167 6 11 16 5 0 1 224
Monthly Response Time Threshold Report
Report Date Range: July 1 - July 31, 2024
Incident Type Total
0-5
Min
Call
%
5-7
min
Call
%
7-10
min
Call
%
10+
min
Call
%
1 Fire 2 1 50% 1 50%
111. Building Fire 1 1 100%
111B Building Fire Commercial 1 1 100%
113 Coking Fire 1 1 100%
118. Trash or Rubbish Fire 1 1 100%
130. Mobile property (vehicle)
Fire 1 1 ####
131. Passenger vehicle fire 2 1 1
140. natural vegetation fire 1 1 100%
141. Forest, woods or wildland
fire 1 1 100%
142. Brush, or brush 3 1 1 1
143. Grass fire 1 1 ####
151. Outside rubbish 2 2 100%
160 Special outside fire, other 1 1 100%
160H. Homeless encampment
fire 1 1 100%

3. Rescue & Emergency
Medical 1 1 100%
311. Medical Assist, EMS 61 21 34% 29 48% 9 15% 2 3%
320 Emergency Medical other 1 1 100%
321. EMS call 91 34 37% 40 44% 10 11% 7 8%
Community Development Department
Monthly Report
July 2024
The following information is provided as an update regarding the Planning and Housing Division activities during the month of July 2024, as well as updates for previously approved projects.

Planning Commission Meetings
On July 25, 2024, the Planning Commission considered the following item(s):

1. Zoning Text Amendment
Consideration of an amendment to Section 18.46.040 “Development Standards”, amending Table 18.46.040-1. The text amendment would increase the maximum height allowed under a conditionally approved exception in the West Patterson Light Industrial Zone from 120 feet to 150 feet, for structures that meet specific conditions, including minimum distances from residential districts, building size, and architectural design. The Planning Commission recommended that the City Council approve this item with a 5-0 vote.

The next regularly scheduled meetings will be held on August 8 and August 22 at 7:00 PM.

Master Plan Update
The administrative draft Downtown Master Plan (DMP) has been prepared by RRM Design Group and is undergoing final amendments. The public draft Downtown Master Plan will be available for comment and review beginning mid-January as environmental review (CEQA) work on the DMP begins. It is anticipated that the remaining components (including public review/hearings and CEQA) in support of the DMP will be completed leading up to City Council review.

Downtown Plaza Circle String Lighting Project
Technical consultants provided city staff with a draft plan and budgetary estimates. City staff is completing an initial review of these documents and discussing methods to complete the work with city resources.

Status update for major projects approved during 2024
Architectural & Site Plan Reviews
- Apricot World Properties LLC retail building – A&SP #24-02 – Sperry Ave. & Haggerty Drive – Approved
- Garcia Mobile Food Court – A&SP #24-03, Conditional Use Permit #24-0 – Hwy 33 and W. Las Palmas Ave. – Approved
General Plan Amendments
- Delta Marketplace – GPA/Rezone #24-01, Planned Development #22-03, Tentative Parcel Map #22-03 – Sperry Ave. & Haggerty Drive – Approved A&SP Architectural & Site Plan Review TPM Tentative Parcel Maps CUP Conditional Use Permit TSM Vesting Tentative Maps
LLA Lot Line Adjustment P/A Prezone/Annexation
PD Planned Development ORD Zoning Ordinances/Amendments RZN General Plan Amendment/Rezone VAR Variance
Status update for projects approved in previous years
• Sperry Avenue Self Storage – A&SP #22-08, 425 Sperry Avenue – Building permit application submittal pending.
• Oak Harbor Freight – A&SP #22-09, CUP #23-02, S. Rogers Rd. – Building permit application submitted
• AT&T Wireless Tower – CUP #23-01, Community Center – Building permit application submittal pending
• Water Office Restaurant – A&SP #22-01, 22 N. Del Puerto Ave. – Construction underway • Southern Tire Mart, A&SP #21-09, CUP #21-10, 2275 Sperry Ave. – Building permit application pending approval
• Sun Valley Industries #2, A&SP #22-02, S. Rogers Road – Approved • Apricot Vet Clinic, A&SP #22-03, CUP #22-04, S. Rogers Road – Building permit issued • VOP Townhouses, A&SP #22-05, N. 1st St. & English Birch Ave. – Building permit application submittal pending
• Poppy Mini-Storage – CUP #22-07, A&SP #22-06 – Site improvements under construction • VOP 2.1 LLC Lot 36 housing development, north of Olive Avenue, east of Sycamore, A&SP approved
• Popeye’s Restaurant, A&SP #21-07, CUP #21-07, north of Sperry Avenue, east of Park Center Drive, building permit issued
• S2A Modular, A&SP #20-01, CUP #20-04, TPM #20-01 – Site work underway • Nucleus Homeopathics, Inc., A&SP #20-02, CUP #20-05, 240 Park Center Drive – Building permit application pending approval
• Arambel Business Park Warehouse, A&SP #19-02, Rogers Road – Building permit issued • Harvest Samoan Assembly of God Church, A&SP #19-05, CUP #19-05, 415 N. 1st St. – Site work underway
• Safavieh Distribution Center (McShane Companies) A&SP 07-04 (Phase 3) – Site work underway
Major Subdivisions
Villages of Patterson
• Villages of Patterson Apartments, A&SP #18-02, Olive Avenue – Submitted building permit • Self Help Enterprises single family units – second phase under construction • Patterson Ranch – nearing completion
• Clayton Shire – nearing completion
• Camden Shire – nearing completion
• Sycamore Ranch I – site work underway
• Sycamore Ranch II – TM approved, pending Final Map submittal • Triplexes – construction underway
Baldwin Ranch North – Backbone infrastructure nearing completion, construction underway Housing Projects and Programs
• CDBG: Washburn street/sidewalk project plans in review. • HOME: City Staff continues to work with First-time Homebuyer Applicants seeking loan approvals.

Patterson City CouncilAugust 20, 2024

Patterson City Council
August 20, 2024