PISMO BEACH CITY COUNCIL STAF REPOR
Agenda Item #9.C
Meetin Date: March 3, 2026
TITLE:
Monthly Investment Transaction Report of the City’s Cash and Investments for January 2026 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 January 31, 2026. 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 January 31, 2026. 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 January 31, 2026.
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 3-3-2026 9.C-1
City of Pismo Beach
Investment Name Name of Institution Type of Investment
Current
Earnings
Rate Book Value
Actual Interest
Earned January
2026
Actual Year-to-
Date Interest
Earned Ending
1/31/26 * Data Sources
General Fund Reserves US Bank CDs/GASs/Corp
Bonds/Treasuries
3.12% avg 8,962,481 17,633$ 152,352$ 1
City Pooled Funds - A US Bank CDs/GASs/ Corp
Bonds/ MBSs/
Treasuries
3.30% avg 46,534,115 71,062 738,611 1
Total All Securities 55,496,596$ 88,695$ 890,962$ City Pooled Funds - B US Bank Custody 4.17%269,326$ 1,910$ 12,258$ 1 City Pooled Funds - B Local Agency Invest.
Fund (LAIF)
State Investment
Pool
4.20%424,301 - 8,976 2
City Pooled Funds - B PFM Asset Mgmt
CAMP
JPA Investment Pool 3.85%15,448,068 50,366 375,927 3 City Pooled Funds - B US Bank Checking & Sweep 3.31%17,277,045 43,422 272,171 4 City Pooled Funds - B 33,418,741$ 95,697$ 669,333$ City Pooled Funds total A + B 79,952,856$ 166,759$ 1,407,943$ Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2017 Pier Project 1,210$ 3$ 1,336$ 5 Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2017 CREB's
Project
1,004 3 1,005 5
Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2024 Public Safety
Facility
14,012,048 46,096 718,657 5
CalPERS Benefit Trust
OPEB Trust Account CalPERS Benefit Trust
Account
Various managed by
CalPERS
6,254,602$ -$ 434,880$ 6
TOTAL, Cash and Investments at January 31, 2026:109,184,201$ 230,494$ 2,716,173$ TOTAL for City Managed Portfolio, Cash and Investments:88,915,337$ 184,392$ 1,560,295$ 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 3-3-2026 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
January 31, 2026
INVESTMENT ACTIVITY
PURCHASES OR DEPOSITS
01/07/26 Purchase US Treasury 500,762$
01/13/26 Purchase Totalenergies Cap USA LLC 611,101
01/15/26 Purchase US Treasury 314,381
01/15/26 Purchase US Treasury 96,247
01/20/26 Purchase US Treasury 558,184
01/20/26 Purchase US Treasury 119,503
01/20/26 Purchase US Treasury 203,198
01/21/26 Purchase Goldman Sachs 95,000
01/21/26 Purchase US Treasury 405,188
01/22/26 Purchase US Treasury 557,747
01/23/26 Purchase Wells Fargo Co 95,000
01/23/26 Purchase Truist Bank Sr 553,085
01/26/26 Purchase Morgan Stanley 281,291
Total 4,390,687$
SALES, MATURITIES, CALLS OR WITHDRAWALS
01/06/26 Matured US Treasury 698,525$
01/08/26 Sold US Treasury 453,778
01/14/26 Sold Johnson Johnson 303,042
01/15/26 Sold Toyota Mtr Cr Corp 94,892
01/20/26 Sold Caterpillar Financial 549,709
01/20/26 Sold Pacar Financial Corp Sr Nt 119,933
01/20/26 Sold Cisco Sys Inc 201,122
01/21/26 Sold Accenture Capital 393,028
01/22/26 Sold Alphabet Inc 555,586
01/22/26 Matured JP Morgan Chase Bank 500,000
01/23/26 Sold Mastercard Incorporated 200,576
01/26/26 Paid Down FNMA Gtd Remic 29,160
01/26/26 Paid Down FHLMC Multiclass Mtg 11,099
01/26/26 Paid Down FHLMC Multiclass Mtg 49
01/26/26 Paid Down FHLMC Multiclass Mtg 276
01/26/26 Paid Down FHLMC Multiclass Mtg 59
01/26/26 Paid Down FHLMC Multiclass Mtg 335
01/26/26 Paid Down FHLMC Multiclass Mtg 8,127
01/26/26 Paid Down FHLMC Multiclass Mtg 595
01/26/26 Paid Down FNMA Gtd Remic 618
01/26/26 Paid Down FNMA Gtd Remic 12,740
01/26/26 Sold Cisco Sys Inc 200,788
Total 4,334,036$
ACTIVITY TOTAL 56,650$
INTEREST REVENUE
GENERAL FUND RESERVE INVESTMENTS
Interest Earned on Investments 17,633$
POOLED INVESTMENTS
Interest Earned on Investments 71,062$
TOTAL INTEREST EARNED 88,695$
Data Source: Monthly Download of Transactions from US Bank Council Agenda 3-3-2026 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: 1/31/2026 Bank Account Description Bank ID Be innin Balance Cash Recei ts Disbursements Transfers-In Transfers-Out Endin Balance General Checking US Bank 14,290,734$ 8,222,015$ (5,235,704)$ -$ -$ 17,277,045$ LAIF LAIF 419,862 4,439 - - - 424,301
PFM Asset Management LLC CAMP 15,397,703 50,366 - - - 15,448,068 Total all Bank Accounts 30,108,298$ 8,276,820$ (5,235,704)$ -$ -$ 33,149,415$ Fund Description Fund # Be innin Balance Cash Recei ts Disbursements Transfers-In Transfers-Out Endin Balance General Fund
General Fund 1001-10101 4,525,422 4,199,323 (3,033,918) - - 5,690,826 General Fund-Reserve 1001-10105 54,644 219 - - - 54,863 Transaction Sales Tax Fund 1002 3,201,496 (24,641) - - - 3,176,855 Special Revenue Funds
Gas Tax Fund 2001 562,017 37,634 - - - 599,651
LTF - Streets 2002 600,857 6,488 - - - 607,345
PEG Access Fund 2003 150,722 663 (1,519) - - 149,866 Police Grant Fund 2004 119,760 89,137 - - - 208,897 Housing In Lieu Fund 2005 300,776 2,080 - - - 302,856 LBID Fund 2006 2,406,354 145,713 (140,232) - - 2,411,834 Chapman House 2007 1,486 (34) (827) - - 625
Capital Projects Funds
Capital Projects Fund 3001 581,529 1,708,610 (613,642) - - 1,676,497 Public Facilities Fund 3002 971 7 - - - 978
Park Development Fund 3003 304,793 1,515 - - - 306,308 Circulation Fund 3101 624,149 4,215 - - - 628,364 Development Impact Fee Fund 3102 66,803 374 - - - 67,177 Developer Impact Fee Fund 3103 184,857 1,249 - - - 186,106 Underground Utility Fund 3201 18,275 124 - - - 18,399 Council Agenda 3-3-2026 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: 1/31/2026 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 846 6 - - - 851 Spyglass AD Fund 4102 14,077 95 - - - 14,172
Indio-El Portal AD Fund 4112 817 6 - - - 823
Visalia Street AD Fund 4113 12,659 86 - - - 12,745 Enterprise Funds
Water Enterprise/Tax Fund 6101/6102 4,563,513 965,680 (178,431) - - 5,350,763 Water Construction Fund 6103 950,494 6,407 - - - 956,901 Water Expansion Fund 6104 651,243 3,096 - - - 654,340 Water Central Coast Blue JPA 6105 6,157 667 - - - 6,824 Wastewater Enterprise Fund 6201 1,488,848 138,646 (860,893) - - 766,602 Wastewater Construction Fund 6202 2,144,946 286,075 (259,945) - - 2,171,075 Wastewater Expansion Fund 6203 643,185 4,346 - - - 647,532 Wastewater CCB JPA 6204 12,776 1,254 - - - 14,029 LTF - Transit Fund 6301 - - - - - -
Pier Operations Fund 6401 139 6,648 (3,479) - - 3,308 Parking Fund 6501 2,133,683 243,131 (20,313) - - 2,356,501 Internal Service Funds
Technology Service Fund 7101 283,849 239,561 (141,860) - - 381,550 Motor Vehicle Fund 7201 1,483,384 178,784 (55,899) - - 1,606,270 Trust & Agency Funds
SLO County TMD 8201 141,018 111,786 (133,644) - - 119,160 Control Funds
Payroll Control Fund 9301 1,513,072 1,341 209,855 - - 1,724,269 Interest Control Fund 9302 182,849 (89,062) - - - 93,788 Utility Billing Control Fund 9304 175,829 4,636 - - - 180,464 M/R Control Fund 9305 - - - - - -
Total all cash funds 30,108,298 8,275,862 (5,234,746) - - 33,149,415 Council Agenda 3-3-2026 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: 1/31/2026 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 34,230 (34,230) - - - 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 42,896 33,981 - - - 76,877 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 (561,008) - - - 2,989,456 GF Corp Bond - Reserve 1001-10145 2,702,751 (500,000) - - - 2,202,751 GF Municipal Bonds Pooled 1001-10142 - - - - - - GF Municipal Bonds Reserve 1001-10143 - - - - - - Risk Mgmt Muni Bonds Reserve 1001-10144 - - - - - - GF Treasury Note 1001-10410 5,438,405 1,157,356 - - - 6,595,761 GF Treasury Bill 1001-10411 - - - - - - GF Mortgage Back Sec 1001-10412 4,704,109 (39,160) - - - 4,664,949 GF Reserve Treasury Note 1001-10413 1,263,764 - - - - 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 - 7,753 - - - 7,753 Transaction Sales Tax - Pooled 1002-10141 1,005,184 281,291 - - - 1,286,475 Transaction Sales Tax - Muni Bo 1002-10142 - - - - - - Transaction Sales Tax Treasury 1002-10410 1,231,445 410,628 - - - 1,642,073 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 1,631 158 - - - 1,789 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 (0) 13,660 - - - 13,660 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 838,288 (11,099) - - - 827,189 Capital Projects Funds
Capital Proj Fund Mny Mkt Cash 3001-10108 23,693 2,295 - - - 25,988 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 4,081 1,038 - - - 5,119 Development Impact Fee Fund 3102-10404 245,000 - - - - 245,000 Impact Fees Federal Agencies 3102-10405 - - - - - - Council Agenda 3-3-2026 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: 1/31/2026 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 15,424,283 (1,412,235) - - - 14,012,048 Public Fin Fiscal Agent-Pier 4002-10510 1,206 3 - - - 1,210 Public Fin Fiscal Agent-PSF 4002-10511 - - - - - - Public Fin Fiscal Agent-CREBs 4002-10515 1,001 3 - - - 1,004 Visalia Street AD Fund 4113-10108 1,587 394 - - - 1,981 Visalia Street CD's 4113-10404 100,000 - - - - 100,000 Enterprise Funds
Water Fund Money Mrkt Csh 6101-10108 740 2,170 - - - 2,910 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 (655,497) - - - 2,472,615 Water Fund Treasury Note 6101-10410 1,158,597 662,535 - - - 1,821,132 Water Construction Money Mkt 6103-10108 8,200 1,565 - - - 9,766 Wtr Constr. Fd Corp Bond-Pool 6103-10141 897,391 (393,028) - - - 504,363 Water Construction 6103-10404 - - - - - - Wtr Constr. Fd Treasury Note 6103-10410 - 405,188 - - - 405,188 Water Expansion Fd Mny Mkt Ca 6104-10108 34,493 1 - - - 34,494 Wtr Expansion Fund - Pooled 6104-10141 - - - - - - Water Fund Treasury Note 6104-10410 21,960 - - - - 21,960 Wastewater Fund Money Market 6201-10108 502 1,047 - - - 1,549 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 (208,042) - - - 1,444,788 WWtr Fund Treasury Note 6201-10410 657,724 (334,275) - - - 323,448 Wastewater Fund Bank Note 6201-10414 - 553,085 - - - 553,085 Wastewater Expansion Fund Mn 6203-10108 14,324 3,565 - - - 17,889 WWtr Expansion Fd Mortgage B 6203-10412 1,094,546 - - - - 1,094,546 Parking Enterprise Money Mrkt 6501-10108 17,363 2,791 - - - 20,153 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 24,661 24,737 - - - 49,397 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 970,308 (12,799) - - - 957,508 CalPers Benefit Trust
OPEB Trust Account 8101-10408 6,254,602 - - - - 6,254,602 Total all Investments 77,329,438$ (1,294,652)$ -$ -$ -$ 76,034,786$ Total all Funds 107,437,737$ 6,981,210$ (5,234,746)$ -$ -$ 109,184,201$ Council Agenda 3-3-2026 9.C-7
Attachment 3