PISMO BEACH CITY COUNCIL STAFF REPORT
Agenda Item #9.C
Meeting Date: January 20, 2026
TITLE:
Monthly Investment Transaction Report of the City’s Cash and Investments for November 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 November 30, 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 November 30, 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 November 30, 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 1-20-2026 9.C-1
City of Pismo Beach
Investment Name Name of Institution Type of Investment
Current
Earnings
Rate Book Value
Actual Interest
Earned November
2025
Actual Year-to-
Date Interest
Earned Ending
11/30/25 * Data Sources
General Fund Reserves US Bank CDs/GASs/Corp
Bonds/Treasuries
3.06% avg 8,962,031 28,887$ 86,359$ 1 City Pooled Funds - A US Bank CDs/GASs/ Corp
Bonds/ MBSs/
Treasuries
3.03% avg 44,820,518 153,261 559,742 1 Total All Securities 53,782,549$ 182,147$ 646,100$ City Pooled Funds - B US Bank Custody 4.17%1,682,388$ 1,353$ 7,114$ 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 4.10%15,346,274 51,505 274,132 3 City Pooled Funds - B US Bank Checking & Sweep 3.58%14,100,870 45,014 186,247 4 City Pooled Funds - B 31,549,394$ 97,871$ 472,030$ City Pooled Funds total A + B 76,369,912$ 251,132$ 1,031,772$ Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2017 Pier Project 293,390$ 334$ 460$ 5 Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2017 CREB's
Project
243,754 276 277 5 Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2024 Public Safety
Facility
19,737,570 86,800 571,543 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 November 30, 2025:111,756,299$ 367,429$ 2,019,237$ TOTAL for City Managed Portfolio, Cash and Investments:85,331,942$ 280,019$ 1,118,130$ 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 1-20-2026 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
November 30, 2025
INVESTMENT ACTIVITY
PURCHASES OR DEPOSITS
11/06/25 Purchase Alphabet Inc 555,586$
11/17/25 Purchase Alphabet Inc 275,998
11/20/25 Purchase Amazon 374,599
11/14/25 Purchase Caterpillar Financial 549,709
11/07/25 Purchase Cisco Systems Inc 410,164
11/06/25 Purchase FHLMC Multiclass Mtg 550,000
11/14/25 Purchase Kla Tencor Corp 555,372
11/24/25 Purchase Merck & Co Inc 314,429
11/17/25 Purchase Meta Platforms 275,932
11/19/25 Purchase Morgan Stanley Private Bank National Sr 330,000 11/19/25 Purchase Northern Trust Corp 549,396
11/05/25 Purchase Novartis Capital 493,515
11/07/25 Purchase Paccar Financial Corp Sr Nt 119,933
11/06/25 Purchase Shell Finance US Inc 558,188
11/06/25 Purchase US Treasury 1,066,080
Total 6,978,900$
SALES, MATURITIES, CALLS OR WITHDRAWALS
11/20/25 Sold Bristol Myers Squibb Co 217,943$
11/25/25 Paid Down FHLMC Multiclass Mtg 11,026
11/25/25 Paid Down FHLMC Multiclass Mtg 273
11/25/25 Paid Down FHLMC Multiclass Mtg 58
11/25/25 Paid Down FHLMC Multiclass Mtg 45,884
11/25/25 Paid Down FNMA Gtd Remic 201
11/25/25 Paid Down FNMA Gtd Remic 613
11/25/25 Paid Down FNMA Gtd Remic 417
11/06/25 Sold Paccar Financial Corp Sr Nt 200,786
11/05/25 Sold US Treasury 848,439
11/05/25 Sold US Treasury 422,775
11/05/25 Sold US Treasury 652,962
11/05/25 Sold US Treasury 190,111
11/06/25 Sold US Treasury 1,037,438
11/07/25 Sold US Treasury 240,117
11/07/25 Sold US Treasury 143,555
11/12/25 Sold US Treasury 504,629
11/14/25 Sold US Treasury 536,742
11/17/25 Matured US Treasury 1,668,922
11/18/25 Sold US Treasury 375,469
11/24/25 Sold US Treasury 330,091
11/26/25 Sold US Treasury 362,002.93
Total 7,790,455$
ACTIVITY TOTAL (811,555)$
INTEREST REVENUE
GENERAL FUND RESERVE INVESTMENTS
Interest Earned on Investments 28,887$
POOLED INVESTMENTS
Interest Earned on Investments 153,261$
TOTAL INTEREST EARNED 182,147$
Data Source: Monthly Download of Transactions from US Bank Council Agenda 1-20-2026 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:11/30/2025 Bank Account Description Bank ID Beginning Balance Cash Receipts Disbursements Transfers-In Transfers-Out Ending Balance General Checking US Bank 14,731,546$ 8,165,465$ (8,796,141)$ -$ -$ 14,100,870$ LAIF LAIF 419,862 - -- - 419,862 PFM Asset Management LLC CAMP 15,294,769 51,505 - - - 15,346,274 Total all Bank Accounts 30,446,176$ 8,216,970$ (8,796,141)$ -$ -$ 29,867,006$ Fund Description Fund # Beginning Balance Cash Receipts Disbursements Transfers-In Transfers-Out Ending Balance General Fund
General Fund 1001-10101 5,189,762 1,538,674 (1,599,121) - - 5,129,315 General Fund-Reserve 1001-10105 8,638 17 - - - 8,655 Half Cent Sales Tax Fund 1002 2,797,144 5,268 - - - 2,802,412 Special Revenue Funds
Gas Tax Fund 2001 466,346 40,827 - - - 507,173 LTF - Streets 2002 599,472 1,104 (774) - - 599,803 PEG Access Fund 2003 142,953 7,829 - - - 150,782 Police Grant Fund 2004 134,417 (12,226) - - - 122,191 Housing In Lieu Fund 2005 349,663 571 - - - 350,234 LBID Fund 2006 2,229,968 406,797 (110,769) - - 2,525,996 Chapman House 2007 (139) 960 (774) - - 47 Capital Projects Funds
Capital Projects Fund 3001 658,370 2,770,288 (2,791,665) - - 636,993 Public Facilities Fund 3002 967 2 - - - 969 Park Development Fund 3003 304,716 51 - - - 304,767 Circulation Fund 3101 621,759 1,220 - - - 622,979 Development Impact Fee Fund 3102 66,702 53 - - - 66,755 Developer Impact Fee Fund 3103 184,147 362 - - - 184,510 Underground Utility Fund 3201 18,205 36 - - - 18,241 Council Agenda 1-20-2026 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:11/30/2025 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 - 1,498,532 (1,498,532) - - - Freeway Foothills AD Fund 4101 842 2 - - - 844 Spyglass AD Fund 4102 14,023 28 - - - 14,050 Indio-El Portal AD Fund 4112 814 2 - - - 816 Visalia Street AD Fund 4113 12,611 25 - - - 12,636 Enterprise Funds
Water Enterprise/Tax Fund 6101/6102 5,604,149 704,007 (1,501,324) - - 4,806,832 Water Construction Fund 6103 936,256 12,453 - - - 948,708 Water Expansion Fund 6104 250,279 492 - - - 250,771 Water Central Coast Blue JPA 6105 5,075 604 - - - 5,679 Wastewater Enterprise Fund 6201 1,669,314 (381,670) (183,779) - - 1,103,865 Wastewater Construction Fund 6202 2,097,058 830,050 (786,194) - - 2,140,914 Wastewater Expansion Fund 6203 640,317 1,660 - - - 641,976 Wastewater CCB JPA 6204 10,392 1,226 - - - 11,619 LTF - Transit Fund 6301 - - - - - - Pier Operations Fund 6401 493 4,606 (3,374) - - 1,724 Parking Fund 6501 2,093,740 205,180 (38,973) - - 2,259,947 Internal Service Funds
Technology Service Fund 7101 149,570 189,209 (123,566) - - 215,214 Motor Vehicle Fund 7201 1,260,539 171,767 (63,549) - - 1,368,756 Trust & Agency Funds
SLO County TMD 8201 172,510 163,971 (160,714) - - 175,767 Control Funds
Payroll Control Fund 9301 1,486,079 871 74,881 - - 1,561,831 Interest Control Fund 9302 99,046 41,376 - - - 140,423 Utility Billing Control Fund 9304 169,979 2,832 - - - 172,811 M/R Control Fund 9305 - - - - - - Total all cash funds 30,446,177 8,209,056 (8,788,227) - - 29,867,006 Council Agenda 1-20-2026 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:11/30/2025 Fund Description Fund # Beginning Balance Cash Receipts Disbursements Transfers-In Transfers-Out Ending Balance
INVESTMENTS
General Fund
General Fund Money Mrkt Csh 1001-10108 122,559 (122,559) - - - 0 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 - - - 540,169 GF Reserve - CD's 1001-10403 2,782,967 (245,000) - - - 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 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 2,451,814 - - - 3,550,464 GF Corp Bond - Reserve 1001-10145 2,262,269 245,000 - - - 2,507,269 GF Municipal Bonds Pooled 1001-10142 - - - - - - GF Municipal Bonds Reserve 1001-10143 - - - - - - Risk Mgmt Muni Bonds Reserve 1001-10144 - - - - - - GF Treasury Note 1001-10410 8,464,236 (2,507,112) - - - 5,957,124 GF Treasury Bill 1001-10411 - - - - - -
GF Mortgage Back Sec 1001-10412 3,657,502 503,718 - - - 4,161,220 GF Reserve Treasury Note 1001-10413 1,463,424 (504,629) - - - 958,795 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 21,039 35,003 - - - 56,043 Half Cent Sales Tax - Pooled 1002-10141 355,000 555,372 - - - 910,372 Half Cent Sales Tax - Muni Bond 1002-10142 - - - - - - Half Cent Sales Tax Treasury Note1002-10410 1,797,025 (565,580) - - - 1,231,445 Half Cent Sales Tax Mortg Back S1002-10412 739,414 - - - - 739,414 Special Revenue Funds
Housing In Lieu - Mny Mkt Csh 2005-10108 300 156 - - - 456 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 140,714 (77,768) - - - 62,946 LBID Fund - Treasury Note 2006-10410 1,039,395 (796,516) - - - 242,878 LBID Fund - Pooled 2006-10141 184,902 704,599 - - - 889,501 LBID Fund Mortgage Back Sec 2006-10412 508,008 (11,026) - - - 496,982 Capital Projects Funds
Capital Proj Fund Mny Mkt Cash 3001-10108 9,508 11,840 - - - 21,348 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 2,033 1,036 - - - 3,069 Development Impact Fee Fund 3102-10404 245,000 - - - - 245,000 Impact Fees Federal Agencies 3102-10405 - - - - - - Council Agenda 1-20-2026 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:11/30/2025 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 20,781,876 (2,542,837) - - - 18,239,038 Public Fin Fiscal Agent-Pier 4002-10510 293,056 334 - - - 293,390 Public Fin Fiscal Agent-PSF 4002-10511 - 1,498,532 - - - 1,498,532 Public Fin Fiscal Agent-CREBs 4002-10515 243,478 276 - - - 243,754 Visalia Street AD Fund 4113-10108 809 393 - - - 1,203 Visalia Street CD's 4113-10404 100,000 - - - - 100,000 Enterprise Funds
Water Fund Money Mrkt Csh 6101-10108 28,779 263,234 - - - 292,013 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 2,244,415 883,696 - - - 3,128,111 Water Fund Treasury Note 6101-10410 2,247,154 (1,088,557) - - - 1,158,597 Water Construction Money Mkt 6103-10108 8,124 22 - - - 8,146 Wtr Constr. Fd Corp Bond-Pool 6103-10141 393,028 504,363 - - - 897,391 Water Construction 6103-10404 504,363 (504,363) - - - - Water Expansion Fd Mny Mkt Cas6104-10108 25 434,373 - - - 434,398 Wtr Expansion Fund - Pooled 6104-10141 - - - - - - Water Fund Treasury Note 6104-10410 444,735 (422,775) - - - 21,960 Wastewater Fund Money Market C6201-10108 198,924 28,884 - - - 227,807 Wastewater Fund CD's 6201-10404 490,000 - - - - 490,000 Wastewater Fund Fed Agencies 6201-10405 1,100,000 - - - - 1,100,000 W Wtr Fund Corp Bond - Pooled 6201-10141 1,304,220 348,610 - - - 1,652,830 WWtr Fund Treasury Note 6201-10410 1,019,727 (362,003) - - - 657,724 Wastewater Expansion Fund Mny 6203-10108 7,130 3,600 - - - 10,730 WWtr Expansion Fd Mortgage Ba6203-10412 1,094,546 - - - - 1,094,546 Parking Enterprise Money Mrkt 6501-10108 11,854 1,751 - - - 13,605 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 0 10,455 - - - 10,455 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 972,649 (475) - - - 972,173 CalPers Benefit Trust
OPEB Trust Account 8101-10408 6,149,643 - - - - 6,149,643 Total all Investments 82,613,264$ (723,971)$ -$ -$ -$ 81,889,293$ Total all Funds 113,059,441$ 7,485,085$ (8,788,227)$ -$ -$ 111,756,299$ Council Agenda 1-20-2026 9.C-7
Attachment 3