PISMO BEACH CITY COUNCIL STAFF REPORT
Agenda Item #9.C
Meeting Date: October 7, 2025
TITLE:
Monthly Investment Transaction Report of the City’s Cash and Investments for July 2025 of Fiscal Year 2026
RECOMMENDATION:
No action recommended; for information only.
DISCUSSION:
This report updates the City Council on the City of Pismo Beach’s monthly transactions of the City’s investment portfolio for the month ending July 31, 2025. California Government Code Section 53607 states that if the authority of the legislative body to invest or reinvest funds for the City is delegated to the City Treasurer, the City Treasurer shall make a monthly report of those transactions to the legislative body. Pursuant to Government Code Section 6505.5, this information is being provided here to the Pismo Beach Public Financing Authority, the Pismo Beach Public Financing Agency, and the Central Coast Blue Regional Recycled Water Authority, through the members of the City Council who sit on those boards.
The attached report includes all transactions of the City’s investments managed by the City, including funds invested in various securities and the City’s pooled funds invested in various financial instruments.
•Attachment 1 provides a summary of the City’s cash, investments, and monthly interest earnings based on book value as of July 31, 2025. •Attachment 2 provides details on the investment transactions for the General Fund Reserve and City Pooled Funds A (for deferred capital projects), including: purchases or deposits; sales, maturities, calls or withdrawals; and interest earnings. •Attachment 3 provides details of the monthly transactions by fund for City Pooled Funds B (for current year expenditures) for the month ending July 31, 2025.
FISCAL IMPACT:
No fiscal impact from the report itself—information only.
ATTACHMENTS:
1.Summary Table for ALL Funds, including Book Values and Earnings Data for Investments in Other Financial Instruments
2.For the General Fund Reserve and City Pooled Funds A—Transactions on Investments in Securities
3.For City Pooled Funds B—Summary of monthly transactions by fund Prepared by: Vanessa Garris, Finance Manager
Submitted by: Nadia Feeser, Administrative Service Director / City Treasurer City Manager Approval:
Council Agenda 10-7-2025 9.C-1
City of Pismo Beach
Investment Name Name of Institution Type of Investment
Current
Earnings
Rate Book Value
Actual Interest
Earned July 2025
Actual Year-to-
Date Interest
Earned Ending
7/31/25 * Data Sources
General Fund Reserves US Bank CDs/GASs/Corp
Bonds/Treasuries
3.06% avg 9,064,232 12,924$ 12,924$ 1 City Pooled Funds - A US Bank CDs/GASs/ Corp
Bonds/ MBSs/
Treasuries
2.86% avg 45,551,905 56,181 56,181 1 Total All Securities 54,616,137$ 69,104$ 69,104$ City Pooled Funds - B US Bank Custody 4.17%87,607$ 2,679$ 2,679$ 1 City Pooled Funds - B Local Agency Invest.
Fund (LAIF)
State Investment
Pool
4.40%415,325 - - 2
City Pooled Funds - B PFM Asset Mgmt
CAMP
JPA Investment Pool 4.41%15,128,615 56,473 56,473 3 City Pooled Funds - B US Bank Checking & Sweep 3.91%9,665,713 32,414 32,414 4 City Pooled Funds - B 25,297,260$ 91,566$ 91,566$ City Pooled Funds total A + B 70,849,165$ 147,747$ 147,747$ Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2017 Pier Project 791$ 118$ 118$ 5 Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2017 CREB's
Project
108 0 0 5
Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2024 Public Safety
Facility
26,345,238 106,692 106,692 5 CalPERS Benefit Trust
OPEB Trust Account CalPERS Benefit Trust
Account
Various managed by
CalPERS
5,821,880$ -$ -$ 6
TOTAL, Cash and Investments at July 31, 2025:112,081,414$ 267,481$ 267,481$ TOTAL for City Managed Portfolio, Cash and Investments:79,913,396$ 160,670$ 160,670$ Notes:
* Data Sources for Book Values and Actual Interest Earned:
1 = Monthly investment statement from US Bank
2 = Monthly statement from Local Agency Investment Fund 3 = Monthly statement from PFM Asset Management LLC
4 = Monthly reconciled bank statement from US Bank
5 = Monthly statement from Wilmington Trust
6 = Monthly statement from CalPERS Benefit Trust Account Attachment 1: Summary Table for All Funds,
including Book Values and Earnings Data for Investments in Other Financial Instruments Council Agenda 10-7-2025 9.C-2
Attachment 1
CITY OF PISMO BEACH
Attachment 2: For the General Fund Reserve and City Pooled Funds A Transactions on Investments in Securities
July 31, 2025
INVESTMENT ACTIVITY
PURCHASES OR DEPOSITS
07/03/25 Purchase US Treasury Note 1,097,980$
07/22/25 Purchase FHLMC 321,260
07/31/25 Purchase FHLMC 549,420
Total 1,968,660$
SALES, MATURITIES, CALLS OR WITHDRAWALS
07/23/25 Sold US Treasury Note 550,000$
07/25/25 Paid Down FNMA 212
07/25/25 Paid Down FNMA 772
07/25/25 Paid Down FNMA 442
07/25/25 Paid Down FHLMC Multiclass Mtg 11,610
07/25/25 Paid Down FHLMC Multiclass Mtg 134
Total 563,170$
ACTIVITY TOTAL 1,405,490$
INTEREST REVENUE
GENERAL FUND RESERVE INVESTMENTS
Interest Earned on Investments 12,924$
POOLED INVESTMENTS
Interest Earned on Investments 56,181$
TOTAL INTEREST EARNED 69,104$
Data Source: Monthly Download of Transactions from US Bank Council Agenda 10-7-2025 9.C-3
Attachment 2
City of Pismo Beach
Attachment 3: For City Pooled Funds B - Summary of monthly transactions by fund Bank Account Proof of Cash for the month ending:7/31/2025 Bank Account Description Bank ID Beginning Balance Cash Receipts Disbursements Transfers-In Transfers-Out Ending
Balance
General Checking US Bank 10,234,082$ 9,300,507$ (9,868,876)$ -$ -$ 9,665,713$ LAIF LAIF 410,824 4,501 - - - 415,325 PFM Asset Management LLC CAMP 15,072,142 56,473 - - - 15,128,615 Total all Bank Accounts 25,717,047$ 9,361,481$ (9,868,876)$ -$ -$ 25,209,653$ Fund Description Fund # Beginning Balance Cash Receipts Disbursements Transfers-In Transfer s-Out Ending
Balance
General Fund
General Fund 1001-10101 4,571,899 2,983,699 (5,240,401) - - 2,315,196 General Fund-Reserve 1001-10105 8,501 - - - - 8,501 Half Cent Sales Tax Fund 1002 2,471,105 - - - - 2,471,105 Special Revenue Funds
Gas Tax Fund 2001 456,219 38,375 - - - 494,595 LTF - Streets 2002 548,781 (75) - - - 548,706 PEG Access Fund 2003 136,353 (344) - - - 136,009 Police Grant Fund 2004 158,958 (79) - - - 158,879 Housing In Lieu Fund 2005 352,051 (117) - - - 351,934 LBID Fund 2006 1,425,018 321,690 (272,135) - - 1,474,573 Chapman House 2007 0 6,260 (257) - - 6,003 Capital Projects Funds
Capital Projects Fund 3001 (455,717) 3,756,311 (1,873,395) - - 1,427,199 Public Facilities Fund 3002 952 - - - - 952 Park Development Fund 3003 318,683 (548) - - - 318,135 Circulation Fund 3101 618,721 (3) - - - 618,718 Development Impact Fee Fund 3102 185,341 (78) (25,970) - - 159,293 Developer Impact Fee Fund 3103 181,223 - - - - 181,223 Underground Utility Fund 3201 17,916 - - - - 17,916 Council Agenda 10-7-2025 9.C-4
Attachment 3
City of Pismo Beach
Attachment 3: For City Pooled Funds B - Summary of monthly transactions by fund Bank Account Proof of Cash for the month ending:7/31/2025 Fund Description Fund # Beginning Balance Cash Receipts Disbursements Transfers-In Transfers-Out Ending
Balance
Debt Service Funds
Public Finance Authority Fund 4001 - - - - - - Public Finance Authority Fund 4002 - - - - - - Freeway Foothills AD Fund 4101 829 - - - - 829 Spyglass AD Fund 4102 13,800 - - - - 13,800 Indio-El Portal AD Fund 4112 801 - - - - 801 Visalia Street AD Fund 4113 10,904 - - - - 10,904 Enterprise Funds
Water Enterprise/Tax Fund 6101/6102 5,117,029 475,775 (686,964) - - 4,905,840 Water Construction Fund 6103 775,161 - (33,264) - - 741,897 Water Expansion Fund 6104 505,142 105,593 (3,308) - - 607,427 Water Central Coast Blue JPA 6105 2,702 594 (3) - - 3,293 Wastewater Enterprise Fund 6201 1,171,503 454,814 (339,513) - - 1,286,804 Wastewater Construction Fund 6202 2,118,381 - (849) - - 2,117,532 Wastewater Expansion Fund 6203 623,981 600 (8,008) - - 616,573 Wastewater CCB JPA 6204 5,487 1,206 (5) - - 6,688 LTF - Transit Fund 6301 - - - - - - Pier Operations Fund 6401 17,801 5,658 (3,047) - - 20,412 Parking Fund 6501 941,797 512,682 (50,805) - - 1,403,675 Internal Service Funds
Technology Service Fund 7101 50,539 174,179 (135,197) - - 89,522 Motor Vehicle Fund 7201 1,315,541 194,140 (90,731) - - 1,418,951 Trust & Agency Funds
SLO County TMD 8201 36,799 219,765 (175,469) - - 81,095 Control Funds
Payroll Control Fund 9301 1,716,544 (320,603) (593,355) - - 802,586 Interest Control Fund 9302 107,711 93,388 - - - 201,099 Utility Billing Control Fund 9304 188,590 2,399 - - - 190,989 M/R Control Fund 9305 - - - - - - Total all cash funds 25,717,047 9,025,282 (9,532,677) - - 25,209,653 Council Agenda 10-7-2025 9.C-5
Attachment 3
City of Pismo Beach
Attachment 3: For City Pooled Funds B - Summary of monthly transactions by fund Bank Account Proof of Cash for the month ending:7/31/2025 Fund Description Fund # Beginning Balance Cash Receipts Disbursements Transfers-In Transfers-Out Ending
Balance
INVESTMENTS
General Fund
General Fund Money Mrkt Csh 1001-10108 104,713 (101,609) - - - 3,104 General Fund - CD's 1001-10404 3,625,033 - - - - 3,625,033 General Fund - Fed Agency 1001-10405 4,049,000 - - - - 4,049,000 GF Reserve Money Mkt Cash 1001-10109 - 13,556 - - - 13,556 GF Reserve - CD's 1001-10403 2,782,967 - - - - 2,782,967 GF Reserve - Fed Agency 1001-10402 2,208,000 - - - - 2,208,000 GF Reserve - Building 1001-10406 202,000 - - - - 202,000 GF Reserve - Building - Federal A1001-10146 298,000 - - - - 298,000 GF Reserve - Risk Mgmt - CD's 1001-10407 200,000 - - - - 200,000 GF Reserve - Risk Mgmt - Fed Ag1001-10140 50,000 - - - - 50,000 GF Corp Bond - Pooled 1001-10141 1,098,650 - - - - 1,098,650 GF Corp Bond - Reserve 1001-10145 1,859,841 - - - - 1,859,841 GF Municipal Bonds Pooled 1001-10142 - - - - - - GF Municipal Bonds Reserve 1001-10143 - - - - - - Risk Mgmt Muni Bonds Reserve 1001-10144 - - - - - - GF Treasury Note 1001-10410 7,993,893 - - - - 7,993,893 GF Treasury Bill 1001-10411 - - - - - - GF Mortgage Back Sec 1001-10412 3,503,195 320,141 - - - 3,823,337 GF Reserve Treasury Note 1001-10413 1,463,424 - - - - 1,463,424 GF CREB's Fiscal Agent 1001-10515 (0) - - - - (0) GF - Half Cent Sales Tax CD's 1002-10404 245,000 - - - - 245,000 GF - Half Cent Sales Tax Fed Age1002-10405 500,000 - - - - 500,000 GF - Half Cent Sales Tax Mny Mkt1002-10108 1,574 11,432 - - - 13,006 Half Cent Sales Tax - Pooled 1002-10141 355,000 - - - - 355,000 Half Cent Sales Tax - Muni Bond 1002-10142 - - - - - - Half Cent Sales Tax Treasury Note1002-10410 1,689,955 (550,000) - - - 1,139,955 Half Cent Sales Tax Mortg Back S1002-10412 189,993 549,420 - - - 739,414 Special Revenue Funds
Housing In Lieu - Mny Mkt Csh 2005-10108 1,342 158 - - - 1,500 Housing In Lieu Fund 2005-10404 140,000 - - - - 140,000 Housing In-Lieu Fed Agencies 2005-10405 140,000 - - - - 140,000 Housing In-Lieu Treasury Note 2005-10410 - - - - - - LBID Fund Money Market Cash 2006-10108 35,330 (35,330) - - - (0) LBID Fund - Treasury Note 2006-10410 1,124,512 - - - - 1,124,512 LBID Fund - Pooled 2006-10141 184,902 - - - - 184,902 LBID Fund Mortgage Back Sec 2006-10412 553,203 (11,610) - - - 541,593 Capital Projects Funds
Capital Proj Fund Mny Mkt Cash 3001-10108 14,154 2,326 - - - 16,480 Capital Projects Fund - Pooled 3001-10141 403,640 - - - - 403,640 Capital Projects Fund - Fed Agen 3001-10405 1,000,000 - - - - 1,000,000 Capital Proj Fd Mortgage Back Se3001-10412 556,682 - - - - 556,682 Park Develop. Fund Mny Mkt 3003-10108 - - - - - - Park Development Fund 3003-10404 - - - - - - Park Develop Federal Agencies 3003-10405 - - - - - - Circulation Fees Mny Mkt 3101-10108 - - - - - - Circulation Fees 3101-10404 - - - - - - Develop. Impact Fee Mny Mkt 3102-10108 2,057 1,009 - - - 3,066 Development Impact Fee Fund 3102-10404 245,000 - - - - 245,000 Impact Fees Federal Agencies 3102-10405 - - - - - - Council Agenda 10-7-2025 9.C-6
Attachment 3
City of Pismo Beach
Attachment 3: For City Pooled Funds B - Summary of monthly transactions by fund Bank Account Proof of Cash for the month ending:7/31/2025 Fund Description Fund # Beginning Balance Cash Receipts Disbursements Transfers-In Transfers-Out Ending Balance
INVESTMENTS
Debt Service Funds
Capital Proj Fund - Fiscal Agent 3001-10511 29,956,547 (3,611,308) - - - 26,345,238 Public Fin Fiscal Agent-Pier 4002-10510 673 118 - - - 791 Public Fin Fiscal Agent-PSF 4002-10511 - - - - - - Public Fin Fiscal Agent-CREBs 4002-10515 108 0 - - - 108 Visalia Street AD Fund 4113-10108 781 383 - - - 1,164 Visalia Street CD's 4113-10404 100,000 - - - - 100,000 Enterprise Funds
Water Fund Money Mrkt Csh 6101-10108 1,075,890 (1,075,890) - - - 0 Water Fund CD's 6101-10404 735,000 - - - - 735,000 Wtr Fund Federal Agencies 6101-10405 1,155,000 - - - - 1,155,000 Wtr Fund Corp Bond - Pooled 6101-10141 2,744,415 - - - - 2,744,415 Water Fund Treasury Note 6101-10410 1,171,133 1,076,021 - - - 2,247,154 Water Construction Money Mkt 6103-10108 110 5,220 - - - 5,330 Wtr Constr. Fd Corp Bond-Pool 6103-10141 393,028 - - - - 393,028 Water Construction 6103-10404 504,363 - - - - 504,363 Water Expansion Fd Mny Mkt Cas6104-10108 127,606 (127,606) - - - (0) Wtr Expansion Fund - Pooled 6104-10141 - - - - - - Water Fund Treasury Note 6104-10410 422,775 21,960 - - - 444,735 Wastewater Fund Money Market C6201-10108 28,352 (17,039) - - - 11,313 Wastewater Fund CD's 6201-10404 490,000 - - - - 490,000 Wastewater Fund Fed Agencies 6201-10405 2,100,000 - - - - 2,100,000 WWtr Fund Corp Bond - Pooled 6201-10141 1,504,848 - - - - 1,504,848 WWtr Fund Treasury Note 6201-10410 - - - - - - Wastewater Expansion Fund Mny 6203-10108 7,239 3,584 - - - 10,823 WWtr Expansion Fd Mortgage Ba6203-10412 1,094,546 - - - - 1,094,546 Parking Enterprise Money Mrkt 6501-10108 5,546 2,717 - - - 8,263 Parking Fund Corp Bond-Pooled 6501-10141 - - - - - - Parking Enterprise 6501-10404 980,000 - - - - 980,000 Parking Fund Federal Agencies 6501-10405 - - - - - - Parking Fund Treasury Note 6501-10410 - - - - - - Internal Service Funds
MVR Fund Money Mrkt Csh 7201-10108 12,785 (12,785) - - - 0 MVR Fund CD's 7201-10404 1,526,000 - - - - 1,526,000 MVR Fund Federal Agencies 7201-10405 250,000 - - - - 250,000 MVR Fund Treasury Note 7201-10410 953,285 - - - - 953,285 MVR Mortgage Back Securities 7201-10412 424,363 (442) - - - 423,922 CalPers Benefit Trust
OPEB Trust Account 8101-10408 5,821,880 - - - - 5,821,880 Total all Investments 90,407,333$ (3,535,572)$ -$ -$ -$ 86,871,762$ Total all Funds 116,124,381$ 5,489,710$ (9,532,677)$ -$ -$ 112,081,414$ Council Agenda 10-7-2025 9.C-7
Attachment 3