PISMO BEACH CITY COUNCIL STAFF REPORT
Agenda Item #9.C
Meeting Date: December 2, 2025
TITLE:
Monthly Investment Transaction Report of the City’s Cash and Investments for October 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 October 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 October 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 October 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 12-2-2025 9.C-1
City of Pismo Beach
Investment Name Name of Institution Type of Investment
Current
Earnings
Rate Book Value
Actual Interest
Earned October
2025
Actual Year-to-
Date Interest
Earned Ending
10/31/25 * Data Sources
General Fund Reserves US Bank CDs/GASs/Corp
Bonds/Treasuries
3.06% avg 9,466,660 14,710$ 57,472$ 1 City Pooled Funds - A US Bank CDs/GASs/ Corp
Bonds/ MBSs/
Treasuries
3.03% avg 45,126,754 86,423 406,481 1 Total All Securities 54,593,414$ 101,134$ 463,953$ City Pooled Funds - B US Bank Custody 4.17%551,798$ 513$ 5,762$ 1 City Pooled Funds - B Local Agency Invest.
Fund (LAIF)
State Investment
Pool
4.34%419,862 - 4,537 2
City Pooled Funds - B PFM Asset Mgmt
CAMP
JPA Investment Pool 4.26%15,294,769 55,142 222,627 3 City Pooled Funds - B US Bank Checking & Sweep 3.70%14,731,546 43,904 141,233 4 City Pooled Funds - B 30,997,974$ 99,560$ 374,159$ City Pooled Funds total A + B 76,124,728$ 185,983$ 780,640$ Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2017 Pier Project 293,056$ 3$ 126$ 5 Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2017 CREB's
Project
243,478 0 1 5
Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2024 Public Safety
Facility
20,781,876 117,283 484,743 5 CalPERS Benefit Trust
OPEB Trust Account CalPERS Benefit Trust
Account
Various managed by
CalPERS
6,149,643$ -$ 328,826$ 6
TOTAL, Cash and Investments at October 31, 2025:113,059,441$ 317,979$ 1,651,809$ TOTAL for City Managed Portfolio, Cash and Investments:85,591,388$ 200,693$ 838,112$ 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 12-2-2025 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
October 31, 2025
INVESTMENT ACTIVITY
PURCHASES OR DEPOSITS
10/06/25 Purchase US Treasury 1,019,727$
10/08/25 Purchase PNC Bank 402,428
10/16/25 Purchase FHLMC Multiclass Mtg 550,000
10/29/25 Purchase US Treasury 203,305
Total 2,175,459$
SALES, MATURITIES, CALLS OR WITHDRAWALS
10/08/25 Sold US Treasury Note 385,854$
10/09/25 Sold US Treasury Note 294,516
10/27/25 Paid Down FHLMC Multiclass Mtg 77,580
10/27/25 Paid Down FHLMC Multiclass Mtg 135
10/27/25 Paid Down FHLMC Multiclass Mtg 11,713
10/27/25 Paid Down FNMA Gtd Remic 215
10/27/25 Paid Down FNMA Gtd Remic 447
10/27/25 Paid Down FNMA Gtd Remic 61,623
10/29/25 Sold Hershey Co 200,628
10/31/25 Sold US Treasury Note 311,035
Total 1,343,745$
ACTIVITY TOTAL 831,714$
INTEREST REVENUE
GENERAL FUND RESERVE INVESTMENTS
Interest Earned on Investments 14,710$
POOLED INVESTMENTS
Interest Earned on Investments 86,423$
TOTAL INTEREST EARNED 101,134$
Data Source: Monthly Download of Transactions from US Bank Council Agenda 12-2-2025 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:10/31/2025 Bank Account Description Bank ID Beginning Balance Cash Receipts Disbur sements Transfers-In Transfers-Out Ending
Balance
General Checking US Bank 12,656,306$ 7,866,185$ (5,790,945)$ -$ -$ 14,731,546$ LAIF LAIF 415,325 4,537 - - - 419,862 PFM Asset Management LLC CAMP 15,239,627 55,142 - - - 15,294,769 Total all Bank Accounts 28,311,257$ 7,925,865$ (5,790,945)$ -$ -$ 30,446,176$ Fund Description Fund # Beginning Balance Cash Receipts Disbursements Transfers-In Transfers-Out Ending
Balance
General Fund
General Fund 1001-10101 4,626,270 2,232,670 (1,693,906) - - 5,165,034 General Fund-Reserve 1001-10105 8,583 55 - - - 8,638 Half Cent Sales Tax Fund 1002 2,877,642 (80,498) - - - 2,797,144 Special Revenue Funds
Gas Tax Fund 2001 421,349 44,997 - - - 466,346 LTF - Streets 2002 574,857 24,616 - - - 599,472 PEG Access Fund 2003 144,871 573 (2,492) - - 142,953 Police Grant Fund 2004 130,925 3,492 - - - 134,417 Housing In Lieu Fund 2005 347,538 2,125 - - - 349,663 LBID Fund 2006 2,305,713 213,510 (289,255) - - 2,229,968 Chapman House 2007 16 944 (955) - - 5 Capital Projects Funds
Capital Projects Fund 3001 (566,664) 4,092,109 (2,867,074) - - 658,370 Public Facilities Fund 3002 961 6 - - - 967 Park Development Fund 3003 303,261 1,455 - - - 304,716 Circulation Fund 3101 624,707 (2,948) - - - 621,759 Development Impact Fee Fund 3102 66,064 638 - - - 66,702 Developer Impact Fee Fund 3103 182,974 1,174 - - - 184,147 Underground Utility Fund 3201 18,089 116 - - - 18,205 Council Agenda 12-2-2025 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:10/31/2025 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 837 5 - - - 842 Spyglass AD Fund 4102 13,933 89 - - - 14,023 Indio-El Portal AD Fund 4112 809 5 - - - 814 Visalia Street AD Fund 4113 12,533 78 - - - 12,611 Enterprise Funds
Water Enterprise/Tax Fund 6101/6102 5,262,621 532,835 (189,197) - - 5,606,259 Water Construction Fund 6103 941,395 5,471 (10,611) - - 936,256 Water Expansion Fund 6104 247,615 2,664 - - - 250,279 Water Central Coast Blue JPA 6105 4,457 620 - - - 5,077 Wastewater Enterprise Fund 6201 1,701,465 222,485 (249,955) - - 1,673,996 Wastewater Construction Fund 6202 2,083,605 16,019 (2,566) - - 2,097,058 Wastewater Expansion Fund 6203 636,255 4,062 - - - 640,317 Wastewater CCB JPA 6204 9,138 1,260 - - - 10,397 LTF - Transit Fund 6301 - - - - - - Pier Operations Fund 6401 4,745 1,955 (6,186) - - 514 Parking Fund 6501 1,901,191 249,577 (56,778) - - 2,093,990 Internal Service Funds
Technology Service Fund 7101 119,689 187,786 (144,918) - - 162,557 Motor Vehicle Fund 7201 1,321,631 43,921 (100,487) - - 1,265,065 Trust & Agency Funds
SLO County TMD 8201 250,611 165,247 (243,348) - - 172,510 Control Funds
Payroll Control Fund 9301 1,411,036 975 74,068 - - 1,486,079 Interest Control Fund 9302 156,258 (57,212) - - - 99,046 Utility Billing Control Fund 9304 164,276 5,703 - - - 169,979 M/R Control Fund 9305 - - - - - - Total all cash funds 28,311,257 7,918,578 (5,783,658) - - 30,446,176 Council Agenda 12-2-2025 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:10/31/2025 Fund Description Fund # Beginning Balance Cash Receipts Disbursements Transfers-In Transfers-Out Ending
Balance
INVESTMENTS
General Fund
General Fund Money Mrkt Csh 1001-10108 123,399 (841) - - - 122,559 General Fund - CD's 1001-10404 3,625,033 - - - - 3,625,033 General Fund - Fed Agency 1001-10405 3,299,000 - - - - 3,299,000 GF Reserve Money Mkt Cash 1001-10109 44,000 (44,000) - - - (0) 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 1,859,841 402,428 - - - 2,262,269 GF Municipal Bonds Pooled 1001-10142 - - - - - - GF Municipal Bonds Reserve 1001-10143 - - - - - - Risk Mgmt Muni Bonds Reserve 1001-10144 - - - - - - GF Treasury Note 1001-10410 8,758,752 (294,516) - - - 8,464,236 GF Treasury Bill 1001-10411 - - - - - - GF Mortgage Back Sec 1001-10412 3,797,745 (140,243) - - - 3,657,502 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 4,298 16,741 - - - 21,039 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 1,797,025 - - - - 1,797,025 Half Cent Sales Tax Mortg Back S1002-10412 739,414 - - - - 739,414 Special Revenue Funds
Housing In Lieu - Mny Mkt Csh 2005-10108 153 147 - - - 300 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 12,305 128,410 - - - 140,714 LBID Fund - Treasury Note 2006-10410 1,147,125 (107,730) - - - 1,039,395 LBID Fund - Pooled 2006-10141 184,902 - - - - 184,902 LBID Fund Mortgage Back Sec 2006-10412 519,721 (11,713) - - - 508,008 Capital Projects Funds
Capital Proj Fund Mny Mkt Cash 3001-10108 7,261 2,246 - - - 9,508 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 1,034 999 - - - 2,033 Development Impact Fee Fund 3102-10404 245,000 - - - - 245,000 Impact Fees Federal Agencies 3102-10405 - - - - - - Council Agenda 12-2-2025 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:10/31/2025 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 24,578,392 (3,796,516) - - - 20,781,876 Public Fin Fiscal Agent-Pier 4002-10510 797 292,259 - - - 293,056 Public Fin Fiscal Agent-PSF 4002-10511 - - - - - - Public Fin Fiscal Agent-CREBs 4002-10515 109 243,369 - - - 243,478 Visalia Street AD Fund 4113-10108 430 379 - - - 809 Visalia Street CD's 4113-10404 100,000 - - - - 100,000 Enterprise Funds
Water Fund Money Mrkt Csh 6101-10108 22,652 6,126 - - - 28,779 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 2,244,415 - - - - 2,244,415 Water Fund Treasury Note 6101-10410 2,247,154 - - - - 2,247,154 Water Construction Money Mkt 6103-10108 16 8,109 - - - 8,124 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 21 4 - - - 25 Wtr Expansion Fund - Pooled 6104-10141 - - - - - - Water Fund Treasury Note 6104-10410 444,735 - - - - 444,735 Wastewater Fund Money Market C6201-10108 1,017,322 (818,398) - - - 198,924 Wastewater Fund CD's 6201-10404 490,000 - - - - 490,000 Wastewater Fund Fed Agencies 6201-10405 1,100,000 - - - - 1,100,000 WWtr Fund Corp Bond - Pooled 6201-10141 1,504,848 (200,628) - - - 1,304,220 WWtr Fund Treasury Note 6201-10410 - 1,019,727 - - - 1,019,727 Wastewater Expansion Fund Mny 6203-10108 3,592 3,538 - - - 7,130 WWtr Expansion Fd Mortgage Ba6203-10412 1,094,546 - - - - 1,094,546 Parking Enterprise Money Mrkt 6501-10108 9,177 2,678 - - - 11,854 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 5,034 (5,034) - - - 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 (385,854) - - - 567,432 MVR Mortgage Back Securities 7201-10412 423,095 549,553 - - - 972,649 CalPers Benefit Trust
OPEB Trust Account 8101-10408 6,149,643 - - - - 6,149,643 Total all Investments 85,742,024$ (3,128,759)$ -$ -$ -$ 82,613,264$ Total all Funds 114,053,281$ 4,789,818$ (5,783,658)$ -$ -$ 113,059,441$ Council Agenda 12-2-2025 9.C-7
Attachment 3