PISMO BEACH CITY COUNCIL STAF REPOR
Agenda Item #9.C
Meetin Date: June 2, 2026
TITLE:
Monthly Investment Transaction Report of the City’s Cash and Investments for April 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 April 30, 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 April 30, 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 April 30, 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 6-2-2026 9.C-1
City of Pismo Beach
Investment Name Name of Institution Type of Investment
Current
Earnings
Rate Book Value
Actual Interest
Earned April
2026
Actual Year-to-
Date Interest
Earned Ending
4/30/2026 * Data Sources
General Fund
Reserves
US Bank CDs/GASs/Corp
Bonds/Treasuries
3.23% avg 9,192,033 9,833$ 206,511$ 1 City Pooled Funds - A US Bank CDs/GASs/ Corp
Bonds/ MBSs/
Treasuries
3.45% avg 49,338,626 110,293 1,155,591 1 Total All Securities 58,530,659$ 120,126$ 1,362,102$ City Pooled Funds - B US Bank Custody 4.17%808,489$ 1,636$ 19,046$ 1 City Pooled Funds - B Local Agency Invest.
Fund (LAIF)
State Investment
Pool
3.98%10,487,352 -72,028 2
City Pooled Funds - B PFM Asset Mgmt
CAMP
JPA Investment Pool 3.78%5,501,902 17,056 429,761 3
City Pooled Funds - B US Bank Checking & Sweep 3.27%20,420,241 42,160 386,697 4 City Pooled Funds - B 37,217,984$ 60,851$ 907,532$ City Pooled Funds total A + B 86,556,611$ 171,144$ 2,063,123$ Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2017 Pier Project 1,219$ 3$ 1,346$ 5 Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2017 CREB's
Project
1,012 3 1,013 5
Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2024 Public Safety
Facility
4,064,001 32,699 833,870 5
CalPERS Benefit Trust
OPEB Trust Account CalPERS Benefit
Trust Account
Various managed
by CalPERS
6,259,070$ -$ 440,453$ 6 TOTAL, Cash and Investments at April 30, 2026:106,073,946$ 213,682$ 3,546,316$ TOTAL for City Managed Portfolio, Cash and Investments:95,748,644$ 180,977$ 2,269,634$ 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 Attachment 1
Council Agenda 6-2-2026 9.C-2
CITY OF PISMO BEACH
Attachment 2: For the General Fund Reserve and City Pooled Funds A Transactions on Investments in Securities
April 30, 2026
INVESTMENT ACTIVITY
PURCHASES OR DEPOSITS
04/15/26 Purchase US Treasury 1,816,094$
04/16/26 Purchase JP Morgan Chase 587,952
04/30/26 Purchase US Treasury 499,375
Total 2,903,421$
SALES, MATURITIES, CALLS OR WITHDRAWALS
04/15/26 Sold Commonwealth Bk Australia NY 400,012$
04/15/26 Sold Australia New Zealand 800,392
04/15/26 Sold PepsiCo Inc 200,070
04/16/26 Sold Eli Lilly Co Sr 201,412
04/16/26 Sold US Treasury 579,941
04/27/26 Paid Down FHLMC Multiclass Mtg 3,145
04/27/26 Paid Down FNMA Gtd Remic 155
04/27/26 Paid Down FNMA Gtd Remic 624
04/27/26 Paid Down FNMA Gtd Remic 394
04/27/26 Paid Down FNMA Gtd Remic 14,361
04/27/26 Paid Down FHLMC Multiclass Mtg 8,935
04/27/26 Paid Down FHLMC Multiclass Mtg 11,212
04/27/26 Paid Down FHLMC Multiclass Mtg 593
04/27/26 Paid Down FHLMC Multiclass Mtg 50
04/27/26 Paid Down FHLMC Multiclass Mtg 281
04/27/26 Paid Down FHLMC Multiclass Mtg 60
04/27/26 Paid Down FHLMC Multiclass Mtg 340
04/28/26 Sold American Express Co 170,000
04/29/26 Matured FHLB 1,000,000
Total 3,391,977$
ACTIVITY TOTAL (488,556)$
INTEREST REVENUE
GENERAL FUND RESERVE INVESTMENTS
Interest Earned on Investments 9,833$
POOLED INVESTMENTS
Interest Earned on Investments 110,293$
TOTAL INTEREST EARNED 120,126$
Data Source: Monthly Download of Transactions from US Bank Attachment 2
Council Agenda 6-2-2026 9.C-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: 4/30/2026 Bank Account Description Bank ID
Beginning
Balance Cash Receipts Disbursements Transfers-In Transfers-Out Ending
Balance
General Checking US Bank 14,991,705$ 9,907,508$ (4,478,973)$ -$ -$ 20,420,241$ LAIF LAIF 10,424,301 63,051 - - - 10,487,352 PFM Asset Management LLC CAMP 5,484,847 17,056 - - - 5,501,902 Total all Bank Accounts 30,900,853$ 9,987,615$ (4,478,973)$ -$ -$ 36,409,495$ Fund Description Fund #
Beginning
Balance Cash Receipts Disbursements Transfers-In Transfers-Out Ending
Balance
General Fund
General Fund 1001-10101 4,855,271 2,510,076 (2,682,500) - - 4,682,847 General Fund-Reserve 1001-10105 237,997 900 - - - 238,897 Transaction Sales Tax Fund 1002 3,999,451 (48,028) - - - 3,951,423 Special Revenue Funds
Gas Tax Fund 2001 533,278 38,646 - - - 571,923 LTF - Streets 2002 608,675 25,304 (4,241) - - 629,738 PEG Access Fund 2003 156,816 753 - - - 157,568 Police Grant Fund 2004 214,810 24,204 - - - 239,015 Housing In Lieu Fund 2005 303,360 4,752,031 - - - 5,055,391 LBID Fund 2006 769,940 201,922 (261,132) - - 710,731 Chapman House 2007 564 4,183 (4,260) - - 487 Capital Projects Funds
Capital Projects Fund 3001 1,242,141 449,611 (721,734) - - 970,018 Public Facilities Fund 3002 980 7 - - - 987 Park Development Fund 3003 325,242 (8,324) - - - 316,918 Circulation Fund 3101 649,827 4,512 - - - 654,339 Development Impact Fee Fund 3102 101,708 138,912 - - - 240,620 Developer Impact Fee Fund 3103 186,560 1,321 - - - 187,881 Underground Utility Fund 3201 18,444 131 - - - 18,574 Attachment 3
Council Agenda 6-2-2026 9.C-4
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: 4/30/2026 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 853 6 - - - 859 Spyglass AD Fund 4102 14,207 101 - - - 14,307 Indio-El Portal AD Fund 4112 825 6 - - - 831 Visalia Street AD Fund 4113 12,776 90 - - - 12,867 Enterprise Funds
Water Enterprise/Tax Fund 6101/6102 5,766,248 456,154 (144,714) - - 6,077,688 W ater Construction Fund 6103 1,159,233 7,349 - - - 1,166,583 W ater Expansion Fund 6104 712,407 48,447 - - - 760,854 Water Central Coast Blue JPA 6105 8,087 680 - - - 8,767 Wastewater Enterprise Fund 6201 526,456 388,573 (165,956) - - 749,073 Wastewater Construction Fund 6202 2,224,797 30,974 (86,580) - - 2,169,192 W astewater Expansion Fund 6203 687,880 93,204 - - - 781,083 Wastewater CCB JPA 6204 16,695 1,383 - - - 18,078 LTF - Transit Fund 6301 - - - - - - Pier Operations Fund 6401 371 7,765 (6,413) - - 1,723 Parking Fund 6501 1,653,490 269,061 (29,775) - - 1,892,776 Internal Service Funds
Technology Service Fund 7101 455,547 334,872 (265,570) - - 524,850 Motor Vehicle Fund 7201 1,147,608 178,166 (70,538) - - 1,255,236 Trust & Agency Funds
SLO County TMD 8201 117,894 157,766 (114,636) - - 161,024 Control Funds
Payroll Control Fund 9301 1,866,355 1,063 65,960 - - 1,933,378 Interest Control Fund 9302 133,410 (74,195) - - - 59,215 Utility Billing Control Fund 9304 190,649 3,104 - - - 193,753 M/R Control Fund 9305 - - - - - - Total all cash funds 30,900,853 10,000,730 (4,492,087) - - 36,409,495 Attachment 3
Council Agenda 6-2-2026 9.C-5
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: 4/30/2026 Fund Description Fund #
Beginning
Balance Cash Receipts Disbursements Transfers-In Transfers-Out Ending
Balance
INVESTMENTS
General Fund
General Fund Money Mrkt Csh 1001-10108 21,079 269,402 - - - 290,481 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 93,470 (91,415) - - - 2,054 GF Reserve - CD's 1001-10403 2,537,967 - - - - 2,537,967 GF Reserve - Fed Agency 1001-10402 2,208,000 (192,000) - - - 2,016,000 GF Reserve - Building 1001-10406 202,000 - - - - 202,000 GF Reserve - Building - Federal 1001-10146 298,000 (53,000) - - - 245,000 GF Reserve - Risk Mgmt - CD's 1001-10407 200,000 - - - - 200,000 GF Reserve - Risk Mgmt - Fed 1001-10140 50,000 - - - - 50,000 GF Corp Bond - Pooled 1001-10141 3,745,314 (401,482) - - - 3,343,832 GF Corp Bond - Reserve 1001-10145 2,612,392 417,952 - - - 3,030,344 GF Municipal Bonds Pooled 1001-10142 - - - - - - GF Municipal Bonds Reserve 1001-10143 - - - - - - Risk Mgmt Muni Bonds Reserve 1001-10144 - - - - - - GF Treasury Note 1001-10410 7,038,444 (80,566) - - - 6,957,877 GF Treasury Bill 1001-10411 - - - - - - GF Mortgage Back Sec 1001-10412 4,621,702 (14,123) - - - 4,607,579 GF Reserve Treasury Note 1001-10413 708,672 202,051 - - - 910,723 GF CREB's Fiscal Agent 1001-10515 (0) - - - - (0) GF - Transaction Sales Tax CD'1002-10404 245,000 - - - - 245,000 GF - Transaction Sales Tax Fed 1002-10405 500,000 - - - - 500,000 GF - Transaction Sales Tax Mny 1002-10108 2,272 10,761 - - - 13,033 Transaction Sales Tax - Pooled 1002-10141 1,776,354 - - - - 1,776,354 Transaction Sales Tax - Muni B 1002-10142 - - - - - - Transaction Sales Tax Treasury 1002-10410 1,404,613 - - - - 1,404,613 Transaction Sales Tax Treas Bill 1002-10411 - - - - - - Transaction Sales Tax Mortg Ba 1002-10412 739,414 - - - - 739,414 Special Revenue Funds
Housing In Lieu - Mny Mkt Csh 2005-10108 2,098 156 - - - 2,254 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 307 13,774 - - - 14,081 LBID Fund - Treasury Note 2006-10410 1,305,152 - - - - 1,305,152 LBID Fund - Pooled 2006-10141 1,489,219 - - - - 1,489,219 LBID Fund Mortgage Back Sec 2006-10412 802,730 (11,212) - - - 791,518 Capital Projects Funds
Capital Proj Fund Mny Mkt Cas 3001-10108 5,622 2,282 - - - 7,903 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 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 2,102 1,037 - - - 3,139 Development Impact Fee Fund 3102-10404 245,000 - - - - 245,000 Impact Fees Federal Agencies 3102-10405 - - - - - - Attachment 3
Council Agenda 6-2-2026 9.C-6
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: 4/30/2026 Fund Description Fund #
Beginning
Balance Cash Receipts Disbursements Transfers-In Transfers-Out Ending
Balance
INVESTMENTS
Debt Service Funds
Capital Proj Fund - Fiscal Agen 3001-10511 4,379,324 (315,323) - - - 4,064,001 Public Fin Fiscal Agent-Pier 4002-10510 1,216 3 - - - 1,219 Public Fin Fiscal Agent-PSF 4002-10511 - - - - - - Public Fin Fiscal Agent-CREBs 4002-10515 1,009 3 - - - 1,012 Visalia Street AD Fund 4113-10108 2,734 394 - - - 3,127 Visalia Street CD's 4113-10404 100,000 - - - - 100,000 Enterprise Funds
Water Fund Money Mrkt Csh 6101-10108 3,945 165,842 - - - 169,787 Water Fund CD's 6101-10404 735,000 - - - - 735,000 Wtr Fund Federal Agencies 6101-10405 1,155,000 (755,000) - - - 400,000 Wtr Fund Corp Bond - Pooled 6101-10141 2,492,566 (400,012) - - - 2,092,554 Water Fund Treasury Note 6101-10410 1,473,471 998,315 - - - 2,471,786 Water Construction Money Mkt 6103-10108 9,848 8,275 - - - 18,124 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 C 6104-10108 1,217 1 - - - 1,217 Wtr Expansion Fund - Pooled 6104-10141 - - - - - - Water Fund Treasury Note 6104-10410 20,263 - - - - 20,263 Wastewater Fund Money Marke 6201-10108 136 222,029 - - - 222,165 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 (800,392) - - - 95,000 WWtr Fund Treasury Note 6201-10410 615,542 615,728 - - - 1,231,270 WWtr Fund Mortgage Back Sec 6201-10412 594,712 - - - - 594,712 Wastewater Fund Bank Note 6201-10414 553,085 - - - - 553,085 Wastewater Expansion Fund M 6203-10108 26,519 18,481 - - - 45,000 WWtr Expansion Fd Mortgage B6203-10412 1,093,123 (14,361) - - - 1,078,762 Parking Enterprise Money Mrkt 6501-10108 930 2,796 - - - 3,726 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 870 11,528 - - - 12,397 MVR Corp Bond - Pooled 7201-10141 896,995 - - - - 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 363,156 - - - - 363,156 MVR Mortgage Back Securities 7201-10412 951,190 (454) - - - 950,736 CalPers Benefit Trust
OPEB Trust Account 8101-10408 6,259,070 - - - - 6,259,070 Total all Investments 69,832,983$ (168,532)$ -$ -$ -$ 69,664,451$ Total all Funds 100,733,836$ 9,832,198$ (4,492,087)$ -$ -$ 106,073,946$ Attachment 3
Council Agenda 6-2-2026 9.C-7