PISMO BEACH CITY COUNCIL STAFF REPORT
Agenda Item #9.C
Meeting Date: October 6, 2026
TITLE:
Monthly Investment Transaction Report of the City’s Cash and Investments for August 2026 of Fiscal Year 2027
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 August 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 August 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 August 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 10-06-2026 9.C-1
City of Pismo Beach
Investment Name Name of Institution Type of Investment
Current
Earnings
Rate Book Value
Actual Interest
Earned August
2026
Actual Year-to-
Date Interest
Earned Ending
8/31/2026 * Data Sources
General Fund Reserves US Bank CDs/GASs/Corp
Bonds/Treasuries
3.54% avg 9,811,942 1,138$ 16,894$ 1
City Pooled Funds - A US Bank CDs/GASs/ Corp
Bonds/ MBSs/
Treasuries/ Bank
Notes
3.66% avg 49,702,088 187,608 286,884 1
Total All Securities 59,514,029$ 188,746$ 303,778$ City Pooled Funds - B US Bank Custody 3.55%510,170$ 1,096$ 3,917$ 1 City Pooled Funds - B Local Agency Invest.
Fund (LAIF)
State Investment
Pool
3.92%10,589,786 - - 2
City Pooled Funds - B PFM Asset Mgmt
CAMP
JPA Investment Pool 3.80%5,572,235 17,903 35,688 3 City Pooled Funds - B US Bank Checking & Sweep 3.28%16,524,731 41,592 89,495 4 City Pooled Funds - B 33,196,922$ 60,591$ 129,100$ City Pooled Funds total A + B 82,899,010$ 248,199$ 415,984$ Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2017 Pier Project 292$ 1$ 2$ 5
Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2017 CREB's
Project
142 0 1 5
Funds Held with Fiscal
Agent
Bond funds:
Wilmington Trust
2024 Public Safety
Facility
2,239 1,371 5,038 5
CalPERS Benefit Trust
OPEB Trust Account CalPERS Benefit Trust
Account
Various managed by
CalPERS
6,646,364$ -$ -$ 6
TOTAL, Cash and Investments at August 31, 2026:99,359,989$ 250,709$ 437,918$ TOTAL for City Managed Portfolio, Cash and Investments:92,710,952$ 249,337$ 432,878$ 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 10-06-2026 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
August 31, 2026
INVESTMENT ACTIVITY
PURCHASES OR DEPOSITS
08/04/26 Purchased Accenture Capital 748,710$
08/10/26 Purchased Alphabet Inc 74,774
08/14/26 Purchased Nvidia Corporation 293,661
08/20/26 Purchased Advanced Micro Devices Inc 239,496
08/20/26 Purchased FHLMC Remic Series 353,849
Total 1,710,490$
SALES, MATURITIES, CALLS OR WITHDRAWALS
08/04/26 Matured US Treasury 1,394,359$
08/25/26 Paid Down FHLMC Multiclass Mtg 677
08/25/26 Paid Down FHLMC Multiclass Mtg 9,027
08/25/26 Paid Down FHLMC Multiclass Mtg 51
08/25/26 Paid Down FHLMC Multiclass Mtg 287
08/25/26 Paid Down FHLMC Multiclass Mtg 174
08/25/26 Paid Down FHLMC Multiclass Mtg 422
08/25/26 Paid Down FHLMC Multiclass Mtg 821
08/25/26 Paid Down FHLMC Multiclass Mtg 11,309
08/25/26 Paid Down FNMA Gtd Remic 157
08/25/26 Paid Down FNMA Gtd Remic 383
08/25/26 Paid Down FNMA Gtd Remic 633
08/25/26 Paid Down FNMA Gtd Remic 611
08/26/26 Paid Down FHLMC Multiclass Mtg 38,603
Total 1,457,514$
ACTIVITY TOTAL 252,975$
INTEREST REVENUE
GENERAL FUND RESERVE INVESTMENTS
Interest Earned on Investments 1,138$
POOLED INVESTMENTS
Interest Earned on Investments 187,608$
TOTAL INTEREST EARNED 188,746$
Data Source: Monthly Download of Transactions from US Bank Council Agenda 10-06-2026 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: 8/31/2026 Bank Account Description Bank ID Beginning Balance Cash Receipts Disbursements Transfers-In Transfers-Out Ending Balance General Checking US Bank 13,966,928$ 5,969,418$ (3,411,615)$ -$ -$ 16,524,731$ LAIF LAIF 10,589,786 - - - - 10,589,786 PFM Asset Management LLC CAMP 5,554,332 17,903 - - - 5,572,235 Total all Bank Accounts 30,111,046$ 5,987,321$ (3,411,615)$ -$ -$ 32,686,752$ Fund Description Fund # Beginning Balance Cash Receipts Disbursements Transfers-In Transfers-Out Ending Balance General Fund
General Fund 1001-10101 3,892,215 3,966,631 (1,893,132) - - 5,965,713 General Fund-Reserve 1001-10105 239,277 153 - - - 239,430 Transaction Sales Tax Fund 1002 2,750,138 1,755 - - - 2,751,893 Special Revenue Funds
Gas Tax Fund 2001 689,864 43,497 - - - 733,361 LTF - Streets 2002 651,599 11,914 - - - 663,513 PEG Access Fund 2003 164,475 7,443 - - - 171,918 Police Grant Fund 2004 75,495 (33) - - - 75,462 Housing In Lieu Fund 2005 545,717 227 - - - 545,944 LBID Fund 2006 1,132,670 394,932 (33,663) - - 1,493,939 Chapman House 2007 405 1,006 (1,380) - - 31 Capital Projects Funds
Capital Projects Fund 3001 1,213,083 105,018 (433,731) - - 884,370 Public Facilities Fund 3002 988 1 - - - 989 Park Development Fund 3003 315,722 (402) - - - 315,321 Circulation Fund 3101 700,177 443 - - - 700,620 Development Impact Fee Fund 3102 168,109 26 - - - 168,136 Developer Impact Fee Fund 3103 188,180 120 - - - 188,300 Underground Utility Fund 3201 18,604 12 - - - 18,616 Council Agenda 10-06-2026 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: 8/31/2026 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 861 1 - - - 861 Spyglass AD Fund 4102 14,330 9 - - - 14,339 Indio-El Portal AD Fund 4112 832 1 - - - 833 Visalia Street AD Fund 4113 12,887 8 - - - 12,895 Enterprise Funds
Water Enterprise/Tax Fund 6101/6102 5,544,176 55,674 (120,209) - - 5,479,641 Water Construction Fund 6103 1,168,411 746 (35,291) - - 1,133,866 Water Expansion Fund 6104 774,448 494 - - - 774,942 Water Central Coast Blue JPA 6105 10,652 7 - - - 10,659 Wastewater Enterprise Fund 6201 813,988 313,054 (181,178) - - 945,864 Wastewater Construction Fund 6202 2,171,761 1,386 - - - 2,173,147 Wastewater Expansion Fund 6203 944,169 602 - - - 944,771 Wastewater CCB JPA 6204 21,906 14 - - - 21,920 LTF - Transit Fund 6301 - - - - - - Pier Operations Fund 6401 (105) 15,087 (14,724) - - 257 Parking Fund 6501 2,687,123 386,715 (123,067) - - 2,950,770 Internal Service Funds
Technology Service Fund 7101 633,120 157,298 (185,149) - - 605,269 Motor Vehicle Fund 7201 1,302,743 160,825 (214,760) - - 1,248,808 Trust & Agency Funds
SLO County TMD 8201 245,641 304,817 (245,623) - - 304,834 Control Funds
Payroll Control Fund 9301 498,316 610 80,456 - - 579,383 Interest Control Fund 9302 314,537 41,710 - - - 356,247 Utility Billing Control Fund 9304 204,531 5,369 (9) - - 209,891 M/R Control Fund 9305 - - - -- -
Total all cash funds 30,111,046 5,977,168 (3,401,462) - - 32,686,752 Council Agenda 10-06-2026 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: 8/31/2026 Fund Description Fund # Beginning Balance Cash Receipts Disbursements Transfers-In Transfers-Out Ending Balance
INVESTMENTS
General Fund
General Fund Money Mrkt Csh 1001-10108 84,277 118,616 - - - 202,893 General Fund - CD's 1001-10404 3,625,033 - - - - 3,625,033 General Fund - Fed Agency 1001-10405 762,000 - - - - 762,000 GF Reserve Money Mkt Cash 1001-10109 261,402 (260,847) - - - 555 GF Reserve - CD's 1001-10403 2,292,967 - - - - 2,292,967 GF Reserve - Fed Agency 1001-10402 1,500,000 - - - - 1,500,000 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 3,343,832 823,484 - - - 4,167,316 GF Corp Bond - Reserve 1001-10145 3,315,193 533,157 - - - 3,848,350 GF Municipal Bonds Pooled 1001-10142 - - - - - - GF Municipal Bonds Reserve 1001-10143 - - - - - - Risk Mgmt Muni Bonds Reserve 1001-10144 - - - - - - GF Treasury Note 1001-10410 8,352,236 (1,394,359) - - - 6,957,877 GF Treasury Bill 1001-10411 - - - - - - GF Mortgage Back Sec 1001-10412 4,562,091 (50,678) - - - 4,511,413 GF Reserve Treasury Note 1001-10413 1,420,625 - - - - 1,420,625 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 A1002-10405 500,000 - - - - 500,000 GF - Transaction Sales Tax Mny M1002-10108 16,667 8,323 - - - 24,989 Transaction Sales Tax - Pooled 1002-10141 1,776,354 - - - - 1,776,354 Transaction Sales Tax - Muni Bon1002-10142 - - - - - - Transaction Sales Tax Treasury N1002-10410 2,794,656 - - - - 2,794,656 Transaction Sales Tax Treas Bill 1002-10411 - - - - - - Transaction Sales Tax Mortg Back1002-10412 739,414 - - - - 739,414 Special Revenue Funds
Housing In Lieu - Mny Mkt Csh 2005-10108 3,730 154 - - - 3,884 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 16,389 49,698 - - - 66,087 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 727,595 (11,309) - - - 716,286 Capital Projects Funds
Capital Proj Fund Mny Mkt Cash 3001-10108 24,322 2,264 - - - 26,585 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 6,184 1,035 - - - 7,218 Development Impact Fee Fund 3102-10404 245,000 - - - - 245,000 Impact Fees Federal Agencies 3102-10405 - - - - - - Council Agenda 10-06-2026 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: 8/31/2026 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 2,233 7 - - - 2,239 Public Fin Fiscal Agent-Pier 4002-10510 292 1 - - - 292 Public Fin Fiscal Agent-PSF 4002-10511 - - - - - - Public Fin Fiscal Agent-CREBs 4002-10515 141 0 - - - 142 Visalia Street AD Fund 4113-10108 4,283 393 - - - 4,675 Visalia Street CD's 4113-10404 100,000 - - - - 100,000 Enterprise Funds
Water Fund Money Mrkt Csh 6101-10108 16,543 (15,628) - - - 916 Water Fund CD's 6101-10404 735,000 - - - - 735,000 Wtr Fund Federal Agencies 6101-10405 - - - - - - Water Fund Mortgage Back Sec 6101-10412 - 353,849 - - - 353,849 Wtr Fund Corp Bond - Pooled 6101-10141 2,606,629 - - - - 2,606,629 Water Fund Treasury Note 6101-10410 2,327,227 - - - - 2,327,227 Water Construction Money Mkt 6103-10108 23,378 17 - - - 23,395 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 Cas6104-10108 1,281 0 - - - 1,281 Wtr Expansion Fund - Pooled 6104-10141 - - - - - - Water Fund Treasury Note 6104-10410 20,263 - - - - 20,263 Wastewater Fund Money Market C6201-10108 9,785 11,096 - - - 20,881 Wastewater Fund CD's 6201-10404 490,000 - - - - 490,000 Wastewater Fund Fed Agencies 6201-10405 - - - - - - WWtr Fund Corp Bond - Pooled 6201-10141 275,000 - - - - 275,000 WWtr Fund Treasury Note 6201-10410 1,707,049 - - - - 1,707,049 WWtr Fund Mortgage Back Sec 6201-10412 1,186,120 - - - - 1,186,120 Wastewater Fund Bank Note 6201-10414 553,085 - - - - 553,085 Wastewater Expansion Fund Mny 6203-10108 13,918 3,929 - - - 17,847 WWtr Expansion Fd Mortgage Ba6203-10412 973,904 (611) - - - 973,293 Parking Enterprise Money Mrkt 6501-10108 11,943 2,783 - - - 14,726 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 76,966 17,271 - - - 94,237 MVR Corp Bond - Pooled 7201-10141 1,131,673 - - - - 1,131,673 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 136,184 - - - - 136,184 MVR Mortgage Back Securities 7201-10412 936,834 (557) - - - 936,278 CalPers Benefit Trust
OPEB Trust Account 8101-10408 6,646,364 - - - - 6,646,364 Total all Investments 66,481,152$ 192,085$ -$ -$ -$ 66,673,237$ Total all Funds 96,592,198$ 6,169,253$ (3,401,462)$ -$ -$ 99,359,989$ Council Agenda 10-06-2026 9.C-7
Attachment 3