PISMO BEACH CITY COUNCIL STAF REPOR
Agenda Item #9.C
Meetin Date: Ma 5, 2026
TITLE:
Monthly Investment Transaction Report of the City’s Cash and Investments for March 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 March 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 March 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 March 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 5-5-2026 9.C-1
City of Pismo Beach
Investment Name Name of Institution Type of Investment
Current
Earnings
Rate Book Value
Actual Interest
Earned March
2026
Actual Year-to-
Date Interest
Earned Ending
3/31/2026 * Data Sources
General Fund Reserves US Bank CDs/GASs/Corp
Bonds/Treasuries
3.23% avg 8,817,030 38,865$ 196,678$ 1
City Pooled Funds - A US Bank CDs/GASs/ Corp
Bonds/ MBSs/
Treasuries
3.45% avg 50,202,186 229,123 1,045,298 1
Total All Securities 59,019,216$ 267,988$ 1,241,976$ City Pooled Funds - B US Bank Custody 4.17%173,148$ 3,964$ 17,410$ 1 City Pooled Funds - B Local Agency Invest.
Fund (LAIF)
State Investment
Pool
3.98%10,424,301 63,051 72,028 2
City Pooled Funds - B PFM Asset Mgmt
CAMP
JPA Investment Pool 3.80%5,484,847 17,622 412,705 3 City Pooled Funds - B US Bank Checking & Sweep 3.28%14,991,705 31,808 344,537 4 City Pooled Funds - B 31,074,001$ 116,445$ 846,681$ City Pooled Funds total A + B 81,276,186$ 345,568$ 1,891,979$ Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2017 Pier Project 1,216$ 3$ 1,342$ 5
Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2017 CREB's
Project
1,009 3 1,010 5
Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2024 Public Safety
Facility
4,379,324 37,207 801,171 5
CalPERS Benefit Trust
OPEB Trust Account CalPERS Benefit Trust
Account
Various managed by
CalPERS
6,259,070$ 5,574$ 440,453$ 6
TOTAL, Cash and Investments at March 31, 2026:100,733,836$ 427,219$ 3,332,634$ TOTAL for City Managed Portfolio, Cash and Investments:90,093,217$ 384,433$ 2,088,657$ 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 5-5-2026 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
March 31, 2026
INVESTMENT ACTIVITY
PURCHASES OR DEPOSITS
03/05/26 Purchase US Treasury 1,101,848$
03/06/26 Purchase FHLMC Multiclass Mtg 594,712
03/09/26 Purchase Abbott 474,397
03/11/26 Purchase US Treasury 408,922
03/13/26 Purchase Amazon 594,069
03/13/26 Purchase Toyota Mtr Cr Mtn 429,845
03/16/26 Purchase UBS Ag Stamford 250,000
03/18/26 Purchase Novartis Capital 249,900
Total 4,103,692$
SALES, MATURITIES, CALLS OR WITHDRAWALS
03/04/26 Sold US Treasury 554,727$
03/11/26 Sold US Treasury 39,573
03/11/26 Sold US Treasury 84,844
03/11/26 Sold US Treasury 203,198
03/12/26 Sold US Treasury 237,461
03/12/26 Sold US Treasury 555,092
03/12/26 Sold US Treasury 119,503
03/18/26 Sold US Treasury 204,275
03/25/26 Paid Down FHLMC Multiclass Mtg 431
03/25/26 Paid Down FHLMC Multiclass Mtg 76
03/25/26 Paid Down FHLMC Multiclass Mtg 20,237
03/25/26 Paid Down FHLMC Multiclass Mtg 13,325
03/25/26 Paid Down FHLMC Multiclass Mtg 10,154
03/25/26 Paid Down FHLMC Multiclass Mtg 91
03/25/26 Paid Down FHLMC Multiclass Mtg 504
03/25/26 Paid Down FNMA Gtd Remic 186
03/25/26 Paid Down FNMA Gtd Remic 739
03/25/26 Paid Down FNMA Gtd Remic 478
03/25/26 Paid Down FNMA Gtd Remic 1,424
Total 2,046,317$
ACTIVITY TOTAL 2,057,375$
INTEREST REVENUE
GENERAL FUND RESERVE INVESTMENTS
Interest Earned on Investments 38,865$
POOLED INVESTMENTS
Interest Earned on Investments 229,123$
TOTAL INTEREST EARNED 267,988$
Data Source: Monthly Download of Transactions from US Bank Council Agenda 5-5-2026 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: 3/31/2026 Bank Account Description Bank ID Be innin Balance Cash Recei ts Disbursements Transfers-In Transfers-Out Endin Balance General Checking US Bank 9,056,405$ 13,919,002$ (7,983,703)$ -$ -$ 14,991,705$ LAIF LAIF 10,424,301 - - - - 10,424,301 PFM Asset Management LLC CAMP 5,467,225 17,622 - - - 5,484,847 Total all Bank Accounts 24,947,931$ 13,936,624$ (7,983,703)$ -$ -$ 30,900,853$ Fund Description Fund # Be innin Balance Cash Recei ts Disbursements Transfers-In Transfers-Out Endin Balance General Fund
General Fund 1001-10101 3,869,150 2,735,966 (1,797,633) - - 4,807,482 General Fund-Reserve 1001-10105 54,957 183,040 - - - 237,997 Transaction Sales Tax Fund 1002 2,821,168 1,178,284 - - - 3,999,451 Special Revenue Funds
Gas Tax Fund 2001 637,359 (104,081) - - - 533,278 LTF - Streets 2002 608,308 367 - - - 608,675 PEG Access Fund 2003 157,045 (230) - - - 156,816 Police Grant Fund 2004 211,955 2,855 - - - 214,810 Housing In Lieu Fund 2005 303,256 104 - - - 303,360 LBID Fund 2006 1,765,473 (903,501) (92,032) - - 769,940 Chapman House 2007 844 961 (1,241) - - 564 Capital Projects Funds
Capital Projects Fund 3001 (3,489,521) 9,806,905 (5,045,279) - - 1,272,105 Public Facilities Fund 3002 979 1 - - - 980 Park Development Fund 3003 306,283 18,959 - - - 325,242 Circulation Fund 3101 629,435 20,392 - - - 649,827 Development Impact Fee Fund 3102 67,213 34,495 - - - 101,708 Developer Impact Fee Fund 3103 186,424 136 - - - 186,560 Underground Utility Fund 3201 18,430 13 - - - 18,444 Council Agenda 5-5-2026 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: 3/31/2026 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 853 1 - - - 853 Spyglass AD Fund 4102 14,196 10 - - - 14,207 Indio-El Portal AD Fund 4112 824 1 - - - 825 Visalia Street AD Fund 4113 12,767 9 - - - 12,776 Enterprise Funds
Water Enterprise/Tax Fund 6101/6102 5,588,571 321,403 (142,168) - - 5,767,806 Water Construction Fund 6103 958,536 200,697 - - - 1,159,233 Water Expansion Fund 6104 655,458 56,948 - - - 712,407 Water Central Coast Blue JPA 6105 7,457 632 - - - 8,090 Wastewater Enterprise Fund 6201 714,324 40,023 (225,137) - - 529,210 Wastewater Construction Fund 6202 2,137,343 159,613 (72,158) - - 2,224,797 Wastewater Expansion Fund 6203 648,638 39,241 - - - 687,880 Wastewater CCB JPA 6204 15,416 1,284 - - - 16,700 LTF - Transit Fund 6301 - - - - - - Pier Operations Fund 6401 2,153 4,430 (6,211) - - 371 Parking Fund 6501 2,462,121 (781,095) (27,012) - - 1,654,014 Internal Service Funds
Technology Service Fund 7101 363,225 188,643 (83,978) - - 467,890 Motor Vehicle Fund 7201 1,037,175 157,034 (45,964) - - 1,148,245 Trust & Agency Funds
SLO County TMD 8201 102,171 116,828 (101,105) - - 117,894 Control Funds
Payroll Control Fund 9301 1,791,919 1,051 73,384 - - 1,866,355 Interest Control Fund 9302 103,137 30,273 - - - 133,410 Utility Billing Control Fund 9304 182,887 7,762 - - - 190,649 M/R Control Fund 9305 - - - - - - Total all cash funds 24,947,931 13,519,455 (7,566,533) - - 30,900,853 Council Agenda 5-5-2026 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: 3/31/2026 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 1,236,240 (1,215,161) - - - 21,079 General Fund - CD's 1001-10404 3,625,033 - - - - 3,625,033 General Fund - Fed Agency 1001-10405 2,799,000 - - - - 2,799,000 GF Reserve Money Mkt Cash 1001-10109 260,485 (167,015) - - - 93,470 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 3,270,918 474,397 - - - 3,745,314 GF Corp Bond - Reserve 1001-10145 2,028,028 584,364 - - - 2,612,392 GF Municipal Bonds Pooled 1001-10142 - - - - - - GF Municipal Bonds Reserve 1001-10143 - - - - - - Risk Mgmt Muni Bonds Reserve 1001-10144 - - - - - - GF Treasury Note 1001-10410 7,210,420 (171,977) - - - 7,038,444 GF Treasury Bill 1001-10411 - - - - - - GF Mortgage Back Sec 1001-10412 4,654,027 (32,326) - - - 4,621,702 GF Reserve Treasury Note 1001-10413 1,263,764 (555,092) - - - 708,672 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 24,559 (22,287) - - - 2,272 Transaction Sales Tax - Pooled 1002-10141 1,526,354 250,000 - - - 1,776,354 Transaction Sales Tax - Muni Bo 1002-10142 - - - - - - Transaction Sales Tax Treasury 1002-10410 1,642,073 (237,461) - - - 1,404,613 Transaction Sales Tax Treas Bill 1002-10411 - - - - - - Transaction Sales Tax Mortg Bac 1002-10412 739,414 - - - - 739,414 Special Revenue Funds
Housing In Lieu - Mny Mkt Csh 2005-10108 1,944 154 - - - 2,098 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 6,578 (6,272) - - - 307 LBID Fund - Treasury Note 2006-10410 242,878 1,062,274 - - - 1,305,152 LBID Fund - Pooled 2006-10141 1,489,219 - - - - 1,489,219 LBID Fund Mortgage Back Sec 2006-10412 816,055 (13,325) - - - 802,730 Capital Projects Funds
Capital Proj Fund Mny Mkt Cash 3001-10108 28,258 (22,636) - - - 5,622 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 6,155 (4,053) - - - 2,102 Development Impact Fee Fund 3102-10404 245,000 - - - - 245,000 Impact Fees Federal Agencies 3102-10405 - - - - - - Council Agenda 5-5-2026 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:3/31/2026 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 14,057,355 (9,678,031) - - - 4,379,324 Public Fin Fiscal Agent-Pier 4002-10510 1,213 3 - - - 1,216 Public Fin Fiscal Agent-PSF 4002-10511 - - - - - - Public Fin Fiscal Agent-CREBs 4002-10515 1,007 3 - - - 1,009 Visalia Street AD Fund 4113-10108 2,374 360 - - - 2,734 Visalia Street CD's 4113-10404 100,000 - - - - 100,000 Enterprise Funds
Water Fund Money Mrkt Csh 6101-10108 242,738 (238,793) - - - 3,945 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 2,492,566 - - - - 2,492,566 Water Fund Treasury Note 6101-10410 1,584,497 (111,026) - - - 1,473,471 Water Construction Money Mkt 6103-10108 9,785 63 - - - 9,848 Wtr Constr. Fd Corp Bond-Pool 6103-10141 504,363 - - - - 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 34,494 (33,277) - - - 1,217 Wtr Expansion Fund - Pooled 6104-10141 - - - - - - Water Fund Treasury Note 6104-10410 21,960 (1,697) - - - 20,263 Wastewater Fund Money Market 6201-10108 2,971 (2,835) - - - 136 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 895,392 - - - - 895,392 WWtr Fund Treasury Note 6201-10410 884,192 (268,651) - - - 615,542 WWtr Fund Mortgage Back Sec 6201-10412 - 594,712 - - - 594,712 Wastewater Fund Bank Note 6201-10414 553,085 - - - - 553,085 Wastewater Expansion Fund Mn 6203-10108 21,440 5,079 - - - 26,519 WWtr Expansion Fd Mortgage B 6203-10412 1,094,546 (1,424) - - - 1,093,123 Parking Enterprise Money Mrkt 6501-10108 21,901 (20,972) - - - 930 Parking Fund Corp Bond-Pooled 6501-10141 - 429,845 - - - 429,845 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 25,497 (24,627) - - - 870 MVR Corp Bond - Pooled 7201-10141 637,390 259,605 - - - 896,995 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 (204,275) - - - 363,156 MVR Mortgage Back Securities 7201-10412 951,759 (569) - - - 951,190 CalPers Benefit Trust
OPEB Trust Account 8101-10408 6,254,602 4,467 - - - 6,259,070 Total all Investments 79,201,438$ (9,368,455)$ -$ -$ -$ 69,832,983$ Total all Funds 104,149,369$ 4,151,001$ (7,566,533)$ -$ -$ 100,733,836$ Council Agenda 5-5-2026 9.C-7
Attachment 3