PISMO BEACH CITY COUNCIL STAF REPOR
Agenda Item #9.C
Meetin Date: Februar 3, 2026
TITLE:
Monthly Investment Transaction Report of the City’s Cash and Investments for December 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 December 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 December 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 December 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 2-3-2026 9.C-1
City of Pismo Beach
Investment Name Name of Institution Type of Investment
Current
Earnings
Rate Book Value
Actual Interest
Earned
December 2025
Actual Year-to-
Date Interest
Earned Ending
12/31/25 * Data Sources
General Fund
Reserves
US Bank CDs/GASs/Corp
Bonds/Treasuries
3.12% avg 9,462,481 48,360$ 134,719$ 1 City Pooled Funds - A US Bank CDs/GASs/ Corp
Bonds/ MBSs/
Treasuries
3.30% avg 45,977,465 107,807 667,549 1 Total All Securities 55,439,946$ 156,167$ 802,268$ City Pooled Funds - B US Bank Custody 4.17%208,400$ 3,234$ 10,348$ 1 City Pooled Funds - B Local Agency Invest.
Fund (LAIF)
State Investment
Pool
4.20%419,862 4,439 8,976 2 City Pooled Funds - B PFM Asset Mgmt
CAMP
JPA Investment Pool 3.95%15,397,703 51,429 325,561 3 City Pooled Funds - B US Bank Checking & Sweep 3.41%14,290,734 42,503 228,749 4 City Pooled Funds - B 30,316,699$ 101,605$ 573,635$ City Pooled Funds total A + B 76,294,163$ 209,412$ 1,241,184$ Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2017 Pier Project 1,206$ 872$ 1,332$ 5 Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2017 CREB's
Project
1,001 725 1,002 5 Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2024 Public Safety
Facility
15,424,283 101,018 672,561 5
CalPERS Benefit Trust
OPEB Trust Account CalPERS Benefit
Trust Account
Various managed
by CalPERS
6,254,602$ 106,053$ 434,880$ 6 TOTAL, Cash and Investments at December 31, 2025:107,437,736$ 466,441$ 2,485,678$ TOTAL for City Managed Portfolio, Cash and Investments:85,756,644$ 257,772$ 1,375,903$ 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 2-3-2026 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
December 31, 2025
INVESTMENT ACTIVITY
PURCHASES OR DEPOSITS
12/04/25 Purchase Home Depot 195,482$
12/04/25 Purchase US Treasury 304,969
12/05/25 Purchase FHLMC Multiclass Mtg 353,089
12/10/25 Purchase National Rural Utils Coop Fin 199,812 12/16/25 Purchase US Treasury 698,525
12/29/25 Purchase FHLMC Multiclass Mtg 545,284
Total 2,297,161$
SALES, MATURITIES, CALLS OR WITHDRAWALS
12/26/25 Paid Down FHLMC Multiclass Mtg 754$
12/26/25 Paid Down FHLMC Multiclass Mtg 58
12/26/25 Paid Down FHLMC Multiclass Mtg 325
12/26/25 Paid Down FHLMC Multiclass Mtg 69
12/26/25 Paid Down FHLMC Multiclass Mtg 388
12/26/25 Paid Down FHLMC Multiclass Mtg 11,783
12/26/25 Paid Down FNMA Gtd Remic 216
12/26/25 Paid Down FNMA Gtd Remic 1,797
12/26/25 Paid Down FNMA Gtd Remic 654
12/26/25 Sold State Street Corp 105,000
12/24/25 Sold US Treasury 518,719
Total 639,764$
ACTIVITY TOTAL 1,657,397$
INTEREST REVENUE
GENERAL FUND RESERVE INVESTMENTS
Interest Earned on Investments 48,360$
POOLED INVESTMENTS
Interest Earned on Investments 107,807$
TOTAL INTEREST EARNED 156,167$
Data Source: Monthly Download of Transactions from US Bank Council Agenda 2-3-2026 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: 12/31/2025 Bank Account Description Bank ID Be innin Balance Cash Recei ts Disbursements Transfers-In Transfers-Out Endin Balance General Checking US Bank 14,100,870$ 7,230,720$ (7,040,856)$ -$ -$ 14,290,734$ LAIF LAIF 419,862 - - - - 419,862
PFM Asset Management LLC CAMP 15,346,274 51,429 - - - 15,397,703 Total all Bank Accounts 29,867,006$ 7,282,149$ (7,040,856)$ -$ -$ 30,108,298$ Fund Description Fund # Be innin Balance Cash Recei ts Disbursements Transfers-In Transfers-Out Endin Balance General Fund
General Fund 1001-10101 5,150,812 1,108,339 (1,750,891) - - 4,508,259 General Fund-Reserve 1001-10105 8,655 45,989 - - - 54,644 Transaction Sales Tax Fund 1002 2,802,412 399,084 - - - 3,201,496 Special Revenue Funds
Gas Tax Fund 2001 507,173 54,844 - - - 562,017
LTF - Streets 2002 599,803 1,054 - - - 600,857
PEG Access Fund 2003 150,782 (60) - - - 150,722
Police Grant Fund 2004 122,191 (2,431) - - - 119,760 Housing In Lieu Fund 2005 350,234 542 (50,000) - - 300,776 LBID Fund 2006 2,525,984 (116,247) (3,349) - - 2,406,388 Chapman House 2007 47 3,761 (2,177) - - 1,630 Capital Projects Funds
Capital Projects Fund 3001 636,993 3,303,247 (3,358,343) - - 581,897 Public Facilities Fund 3002 969 2 - - - 971
Park Development Fund 3003 304,767 26 - - - 304,793 Circulation Fund 3101 622,979 1,170 - - - 624,149 Development Impact Fee Fund 3102 66,755 48 - - - 66,803 Developer Impact Fee Fund 3103 184,510 347 - - - 184,857 Underground Utility Fund 3201 18,241 34 - - - 18,275 Council Agenda 2-3-2026 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: 12/31/2025 Fund Description Fund # Be innin Balance Cash Recei ts Disbursements Transfers-In Transfers-Out Endin Balance Debt Service Funds
Public Finance Authority Fund 4001 - - - - - - Public Finance Authority Fund 4002 - - - - - - Freeway Foothills AD Fund 4101 844 2 - - - 846 Spyglass AD Fund 4102 14,050 26 - - - 14,077
Indio-El Portal AD Fund 4112 816 2 - - - 817
Visalia Street AD Fund 4113 12,636 24 - - - 12,659 Enterprise Funds
Water Enterprise/Tax Fund 6101/6102 4,806,028 963,285 (1,204,828) - - 4,564,485 Water Construction Fund 6103 948,708 1,786 - - - 950,494 Water Expansion Fund 6104 250,771 400,472 - - - 651,243 Water Central Coast Blue JPA 6105 5,676 605 - - - 6,281 Wastewater Enterprise Fund 6201 1,100,970 630,236 (241,396) - - 1,489,810 Wastewater Construction Fund 6202 2,140,914 54,515 (50,484) - - 2,144,946 W astewater Expansion Fund 6203 641,976 1,209 - - - 643,185 Wastewater CCB JPA 6204 11,613 1,228 - - - 12,841 LTF - Transit Fund 6301 - - - - - -
Pier Operations Fund 6401 1,625 1,974 (3,460) - - 139 Parking Fund 6501 2,258,797 (93,270) (31,058) - - 2,134,469 Internal Service Funds
Technology Service Fund 7101 204,321 181,045 (91,040) - - 294,327 Motor Vehicle Fund 7201 1,363,120 171,855 (48,361) - - 1,486,615 Trust & Agency Funds
SLO County TMD 8201 175,767 128,000 (162,749) - - 141,018 Control Funds
Payroll Control Fund 9301 1,561,831 956 (49,715) - - 1,513,072 Interest Control Fund 9302 140,423 42,427 - - - 182,849 Utility Billing Control Fund 9304 172,811 3,018 - - - 175,829 M/R Control Fund 9305 - - - - - -
Total all cash funds 29,867,006 7,289,143 (7,047,850) - - 30,108,298 Council Agenda 2-3-2026 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:12/31/2025 Fund Description Fund # Be innin Balance Cash Recei ts Disbursements Transfers-In Transfers-Out Endin Balance
INVESTMENTS
General Fund
General Fund Money Mrkt Csh 1001-10108 0 34,230 - - - 34,230 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 540,169 (497,273) - - - 42,896 GF Reserve - CD's 1001-10403 2,537,967 - - - - 2,537,967 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 1001-10146 298,000 - - - - 298,000 GF Reserve - Risk Mgmt - CD's 1001-10407 200,000 - - - - 200,000 GF Reserve - Risk Mgmt - Fed A 1001-10140 50,000 - - - - 50,000 GF Corp Bond - Pooled 1001-10141 3,550,464 - - - - 3,550,464 GF Corp Bond - Reserve 1001-10145 2,507,269 195,482 - - - 2,702,751 GF Municipal Bonds Pooled 1001-10142 - - - - - - GF Municipal Bonds Reserve 1001-10143 - - - - - - Risk Mgmt Muni Bonds Reserve 1001-10144 - - - - - - GF Treasury Note 1001-10410 5,957,124 (518,719) - - - 5,438,405 GF Treasury Bill 1001-10411 - - - - - - GF Mortgage Back Sec 1001-10412 4,161,220 542,888 - - - 4,704,109 GF Reserve Treasury Note 1001-10413 958,795 304,969 - - - 1,263,764 GF CREB's Fiscal Agent 1001-10515 (0) - - - - (0) GF - Transaction Sales Tax CD's 1002-10404 245,000 - - - - 245,000 GF - Transaction Sales Tax Fed 1002-10405 500,000 - - - - 500,000 GF - Transaction Sales Tax Mny 1002-10108 56,043 (56,043) - - - 0 Transaction Sales Tax - Pooled 1002-10141 910,372 94,812 - - - 1,005,184 Transaction Sales Tax - Muni Bo 1002-10142 - - - - - - Transaction Sales Tax Treasury 1002-10410 1,231,445 - - - - 1,231,445 Transaction Sales Tax Treas Bill 1002-10411 - 698,525 - - - 698,525 Transaction Sales Tax Mortg Bac 1002-10412 739,414 - - - - 739,414 Special Revenue Funds
Housing In Lieu - Mny Mkt Csh 2005-10108 456 1,176 - - - 1,631 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 62,946 (62,946) - - - (0) LBID Fund - Treasury Note 2006-10410 242,878 - - - - 242,878 LBID Fund - Pooled 2006-10141 889,501 - - - - 889,501 LBID Fund Mortgage Back Sec 2006-10412 496,982 341,306 - - - 838,288 Capital Projects Funds
Capital Proj Fund Mny Mkt Cash 3001-10108 21,348 2,345 - - - 23,693 Capital Projects Fund - Pooled 3001-10141 403,640 - - - - 403,640 Capital Projects Fund - Fed Age 3001-10405 1,000,000 - - - - 1,000,000 Capital Proj Fd Mortgage Back S 3001-10412 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 3,069 1,012 - - - 4,081 Development Impact Fee Fund 3102-10404 245,000 - - - - 245,000 Impact Fees Federal Agencies 3102-10405 - - - - - - Council Agenda 2-3-2026 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: 12/31/2025 Fund Description Fund # Be innin Balance Cash Recei ts Disbursements Transfers-In Transfers-Out Endin Balance
INVESTMENTS
Debt Service Funds
Capital Proj Fund - Fiscal Agent 3001-10511 18,239,038 (2,814,755) - - - 15,424,283 Public Fin Fiscal Agent-Pier 4002-10510 293,390 (292,184) - - - 1,206 Public Fin Fiscal Agent-PSF 4002-10511 1,498,532 (1,498,532) - - - - Public Fin Fiscal Agent-CREBs 4002-10515 243,754 (242,753) - - - 1,001 Visalia Street AD Fund 4113-10108 1,203 384 - - - 1,587 Visalia Street CD's 4113-10404 100,000 - - - - 100,000 Enterprise Funds
Water Fund Money Mrkt Csh 6101-10108 292,013 (291,273) - - - 740 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 3,128,111 - - - - 3,128,111 Water Fund Treasury Note 6101-10410 1,158,597 - - - - 1,158,597 Water Construction Money Mkt 6103-10108 8,146 54 - - - 8,200 Wtr Constr. Fd Corp Bond-Pool 6103-10141 897,391 - - - - 897,391 Water Construction 6103-10404 - - - - - - Water Expansion Fd Mny Mkt Ca 6104-10108 434,398 (399,905) - - - 34,493 Wtr Expansion Fund - Pooled 6104-10141 - - - - - - Water Fund Treasury Note 6104-10410 21,960 - - - - 21,960 Wastewater Fund Money Market 6201-10108 227,807 (227,305) - - - 502 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 1,652,830 - - - - 1,652,830 WWtr Fund Treasury Note 6201-10410 657,724 - - - - 657,724 Wastewater Expansion Fund Mn 6203-10108 10,730 3,594 - - - 14,324 WWtr Expansion Fd Mortgage B 6203-10412 1,094,546 - - - - 1,094,546 Parking Enterprise Money Mrkt 6501-10108 13,605 3,756 - - - 17,362 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 10,455 14,206 - - - 24,661 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 567,432 - - - - 567,432 MVR Mortgage Back Securities 7201-10412 972,173 (1,866) - - - 970,308 CalPers Benefit Trust
OPEB Trust Account 8101-10408 6,149,643 104,960 - - - 6,254,602 Total all Investments 81,889,293$ (4,559,856)$ -$ -$ -$ 77,329,437$ Total all Funds 111,756,299$ 2,729,286$ (7,047,850)$ -$ -$ 107,437,736$ Council Agenda 2-3-2026 9.C-7
Attachment 3