Agenda Packet — Redding City Council, June 4, 2024 (part 1 of 4)

Agenda
Regular Meeting
Redding City Council
Council Chambers (Doors open 30 minutes prior)
777 Cypress Avenue
Redding, CA
June 4, 2024
6:00 PM
This meeting will include teleconference participation by Council Member Michael Dacquisto (Government Code Section 54953). In addition to the meeting location above, members of the public may participate in the meeting from the following teleconference location:

Hacienda Encantada Resort & Residences Lobby
Carreterra Transpeninsular km 7.3 A-4
Cabo San Lucas, Baja California Sur, Mexico 23410

1. CALL TO ORDER - MAYOR TENESSA AUDETTE
A. Pledge of Allegiance
B. Invocation - Debbie Ivey, Chaplain for the Redding Police and Fire Departments.

C. Roll Call

2. PRESENTATIONS
2A. Presentation by Rebecca Baer, President of the Economic Development Corporation of Shasta County, providing an update on current activities.

If anyone wishes to address the City Council on any item considered at this meeting before or during Council’s consideration of that item, please fill out a blue Speaker Request Form, located in the lighted alcoves at the back of the Council Chambers, and submit it to the City Clerk. The City Council will allocate up to a maximum of three minutes per speaker for each agenda item. Staff reports are available on-line at the City’s web site at www.cityofredding.gov or in the Public View binder located on the podium at the north side of the Chambers.

PLEASE SILENCE YOUR CELL PHONES. THANK YOU.

Redding City Council June 4, 2024

Page 2 ends

3. PUBLIC COMMENT - for non-agendized matters within the city’s jurisdiction.

4. CONSENT CALENDAR
The Consent Calendar contains items considered routine and/or which have been individually scrutinized by City Council Members and are anticipated to require no further deliberation. If a member of the public wishes to address an item on the Consent Calendar, please fill out a Speaker Request Form and submit it to the City Clerk before the Consent Calendar is considered. It shall be the prerogative of any Council Member, before the Consent Calendar is acted upon, to: (1) comment on an item; (2) respond to any public comment on an item; (3) request the record reflect an abstention or nay vote on an item; or (4) remove an item and place it on the Regular portion of the agenda for delivery of a staff report and/or an extended discussion or deliberation. 4(c). Accept the City of Redding Treasurer’s Reports for the First, Second, and Third Quarters of Fiscal Year 2023-2024.
4(d). Adopt Ordinance No. 2669, an uncodified ordinance of the City Council of the City of Redding adopting Redding Police Department Policy No. 707 to provide guidelines for the approval, acquisition and reporting requirements for military equipment for the Redding Police Department in accordance with Assembly Bill 481.

4.1(a). Authorize the Mayor to send two letters of support to January Contreras with the Administration for Children and Families to support California Youth Partnership LLC grant applications to the Administration of Children and Families’ General Departmental Sexual Risk Avoidance Education (SRAE) Program and the Family and Youth Services Bureau for its Title V Competitive SRAE Program to assist with providing sexual risk avoidance education to underserved populations of youth.

4.6(a). Approve and ratify the City of Redding as an applicant to the Extreme Heat and Community Resilience Program in the amount of $2 million to build heatresilient play infrastructural elements at Panorama Park; and authorize the City Manager, or his designee, to execute the grant agreement and all subsequent grant documents, if the grant is awarded.

PURSUANT TO THE BROWN ACT, CITY COUNCIL CANNOT TAKE ACTION ON PUBLIC

COMMENT ITEMS
The City Council will allocate up to a maximum of three minutes per speaker for 30 minutes total, at the beginning of the meeting for Public Comment for non-agendized matters within the City’s jurisdiction.

The Mayor will determine the order of the speakers. If 30 minutes is not adequate to accommodate all of the individuals who have submitted a Speaker Request Form to the City Clerk, the Council will trail this item to the end of the open session agenda. The remaining speakers will address the City Council at that time.

Redding City Council June 4, 2024

Page 3 ends

4.9(a). Adopt Resolution authorizing the acceptance of an Alcohol Policing Partnership grant administered by the California Department of Alcoholic Beverage Control in the amount of $49,858 for overtime, training, and operating expenses designed to address alcohol enforcement in the City of Redding; and authorize the City Manager, or his designee, to execute the grant agreement, any associated amendments and administratively appropriate the funds.

4.10(a). Adopt Resolution establishing the appropriation limit for Fiscal Year 2024-25 for the City of Redding at $298,219,153.

4.10(b). Approve setting a Public Hearing on June 18, 2024, at 6:00 p.m., in the City Council Chambers, 777 Cypress Avenue, Redding, California, to consider adjustments to the City of Redding’s Schedule of Fees and Service Charges.

4.10(c). Approve the following actions:
(1) Adopt Resolution approving and adopting the 43rd Amendment to City of Redding Budget Resolution No. 2023-060 re-appropriating available American Rescue Plan Act funding from various projects which are not expected to be expended or encumbered in the appropriate time frame and moved to fund a scoreboard at Tiger Field and various sidewalk repairs; and
(2) Authorize City Manager to allocate funds and approve release of request for proposals for Microsoft Office 365 Implementation after completion of full fiscal analysis of impacts to the City’s General Fund in an amount not to exceed $600,000 total with $200,000 coming from the City’s General Fund utilizing American Rescue Plan Act funding.

4.11(a). Accept an update regarding the Emergency Repair and Replacement of Substandard Sewer Pipe and Failing Asphalt Concrete Pavement on Placer Street Project and, in accordance with Public Contract Code Section 22050(c)(1), make a determination by a four-fifths vote that there is a need to continue the emergency work.

4.11(b). Authorize the following actions relative to Bid Negotiation No. 5474 (Job No. 2712), Replace Asphalt Concrete Surfacing 2024:
(1) Award to J.F. Shea Construction, Inc, in the amount of $1,773,377; (2) Approve $199,400 to cover the cost of administration and inspection fees;
(3) Approve $122,000 for project development costs;
(4) Approve $180,000 to provide construction contingency funding; (5) Authorize the City Manager to approve additional increases in either the construction management or construction contingency amounts up to a total of $25,000;
(6) Approve the project design plans, specifications, and special provisions; and
(7) Find that the project is categorically exempt from review under the California Environmental Quality Act Guidelines, pursuant to Section 15301(c) – Existing Facilities.

Redding City Council June 4, 2024

Page 4 ends

4.11(c). Approve the sole source designation of water treatment plant filter underdrain and air-scour system; and find that the name of AWI in the specifications for City of Redding Public Works Department projects is authorized by Public Contract Code Section 3400(c)(2) in order to match other products in use by the City of Redding Public Works Department – Water Utility.

4.11(d). Approve and authorize the following actions relative to Request for Proposals (Schedule No. 5472) to provide Engineering Services for the Enterprise and Anderson Groundwater Sustainability Agency’s (EAGSA) Sustainable Groundwater Management Act (SGMA) Implementation Grant:
(1) Award Request for Proposals to Jacobs Engineering Group, Inc.; and (2) Authorize City Manager or their designee to negotiate and execute a consulting and professional services agreement for a not-to-exceed fee of $2.1 million.

RECOMMENDATION: ACCEPT, ACKNOWLEDGE, ADOPT, APPROVE,
AND/OR AUTHORIZE ALL ITEMS ON THE CONSENT CALENDAR.

6. PUBLIC HEARINGS
A court challenge to action taken by the City Council on any project or decision may be limited to only those issues raised during the public hearing or in written correspondence delivered to the City Council during, or prior to, the public hearing.

Housing

6.1. Public Hearing to consider the City of Redding 2024-25 Action Plan for submission to the United States Department of Housing and Urban Development.

Recommendation:

Conduct a Public Hearing and, upon conclusion:
(1) Adopt Resolution accepting the proposed City of Redding 2024-25 Annual Action Plan; and
(2) Authorize the City Manager, or designee, to sign all necessary documents to submit the 2024-25 Annual Action Plan to the United States Department of Housing and Urban Development.

Redding City Council June 4, 2024

Page 5 ends

Development Services

6.2. Public Hearing to consider Specific Plan Amendment Application (AMND2023-00448), by RKJ Development, Inc., to amend the Bechelli Bonnyview Specific Plan and Site Development Permit Application (SDP-2023-00450) to allow an additional drive-through restaurant and an automobile carwash in place of the approved retail pads in an "RC-SP" Regional Commercial - Specific Plan District.

Recommendation:

Conduct a Public Hearing and, upon conclusion, make the necessary findings for denial and:
(1) Deny Specific Plan Amendment Application (AMND-2023-00448) by RKJ Development, Inc., to amend the Bechelli Bonnyview Specific Plan, formerly known as the River Crossing Marketplace Specific Plan, to allow for automobile carwashes as a permitted land use in the specific plan and revise the mix of uses in the retail development; and
(2) Deny Site Development Permit (SDP-2023-00450) to allow an additional drive-through restaurant and an automobile carwash in place of the approved retail pads on properties located at 4861 and 4875 Bechelli Lane, and 4000, 4032, and 4086 S. Bonnyview Road in an "RC-SP" Regional Commercial - Specific Plan District.

9. REGULAR CALENDAR: REPORTS & COMMUNICATIONS OF DEPARTMENTS,

BOARDS, COMMISSIONS AND COMMITTEES
Electric Utility

9.5(a). Consider Redding Electric Utility's Quarterly Financial Report and Industry Activities Update.

Recommendation:

Accept the City of Redding Electric Utility’s Fiscal Year 2023-24 Third Quarter Financial Report and Industry Activities Update.

11. COUNCIL TRAVEL REPORT(S)
City Council Member attendance at conference/meetings reimbursed at City expense. {Requirement of Assembly Bill 1234}
Information Only

12. SUGGESTIONS FROM COUNCIL MEMBERS RELATIVE TO POTENTIAL TOPICS

FOR FUTURE CITY COUNCIL MEETINGS

13. ADJOURNMENT
Redding City Council June 4, 2024

Page 6 ends

Pursuant to the Brown Act, non-confidential materials related to an item on this agenda submitted to the City Council after distribution of the agenda packet are available for inspection during normal business hours at the Office of the City Clerk, 3rd Floor, City Hall, 777 Cypress Avenue, Redding, California.

City Council Meetings will be televised live on Shasta Community Access Channels via Charter/Spectrum Cable channel 181, and will be rerun on Thursday at 12:30 p.m. during the week in which the meeting is held. Additionally, the meeting can be viewed online at the following: https://www.shastaartscouncil.org/scactv. Video of the City Council meetings can also be viewed on the City’s web site at http://www.cityofredding.gov/. Open the Services tab, and select City Council Videos.

In compliance with Title II of the Americans with Disabilities Act, the City of Redding will make available to persons with disabilities modifications or accommodations including auxiliary aids or services necessary to participate in public meetings. A person needing assistance should contact the Redding City Clerk by telephone at (530) 225-4447 or in person, or by mail at 777 Cypress Avenue, 3rd Floor, Redding, California 96001 at least three (3) working days in advance.

The City of Redding will ensure that no person shall be excluded from participation in, denied the benefits of, or otherwise be subjected to discrimination under any of its projects, activities, services, or business opportunities on the basis of race, color, national origin, age, sex, or disability, as afforded by Title VI of the Civil Rights Act of 1964 and related statutes as amended. All persons, regardless of their citizenship status, are covered under this regulation.

Questions, complaints, or requests for accommodations or additional information may be forwarded to the ADA & Title VI Coordinator at 777 Cypress Avenue, Attn: Personnel Dept., Redding, California 96001, Phone (530) 225-4065.

CITY OF REDDING

REPORT TO THE CITY COUNCIL
Recommendation
Presentation by Rebecca Baer, President of the Economic Development Corporation of Shasta County, providing an update on current activities.

MEETING DATE: June 4, 2024
ITEM NO. 2A
FROM:
***APPROVED BY***
[email protected] [email protected]
SUBJECT: 2A--Presentation by the Economic Development Corporation of Shasta County.

Steve Bade, Assistant City
Manager
Packet Pg. 7

CITY OF REDDING

REPORT TO THE CITY COUNCIL
Recommendation
Accept the City of Redding Treasurer’s Reports for the First, Second, and Third Quarters of Fiscal Year 2023-2024.

Fiscal Impact
There is no fiscal impact to accepting these reports.

Alternative Action
The City Council (Council) could choose to not accept the reports and provide alternate direction to staff.

Background/Analysis
Attached are the Treasurer’s Quarterly Reports for the months ending September 2023, December 2023 and March 2024. Also included are the Portfolio Management Report, and a summary of the City of Redding’s (City) portfolio for the respective periods. For comparative purposes, prior period information is also reported.

The City’s portfolio meets the requirements of Investment Policy No. 408. Market values for securities are obtained from US Bank Institutional Trust and Custody Department. The Treasurer’s accountability total may be measured against the Finance Department’s cash reconciliation report.

The effective monthly rate of return for Treasurer-managed funds in the month ending March 2024 was 2.75 percent, a gain of 40 basis points from June 2023. The Fiscal Year 2023-24 rate of return at March 2024 was 2.76 percent, a gain of 93 basis points from June 2023. A basis point equals one one-hundredth of one percent, or 0.01 percent.

MEETING DATE: June 4, 2024
ITEM NO. 4(c)
FROM:
***APPROVED BY***
[email protected] [email protected]
SUBJECT: 4(c)--City of Redding Treasurer's Report for March 2024 Greg Robinett, Director of
Finance/City Treasurer
Packet Pg. 8
Report to Redding City Council May 29, 2024
Re: 4(c)--Treasurer's Report - March 2024 Page 2
In July 2023, the City began using the new Oracle ERP system, and due to this transition staff had to revise current procedures used to produce accurate Treasurer’s Reports. Since July 2023, staff has been working with the project implementation team to develop accurate reporting tools for reporting cash and investment accounts from the Oracle system. Due to the time delay in this process, a Treasurer’s report has been created for Quarter 1 (July – September), Quarter 2 (October – December) and Quarter 3 (January – March) of Fiscal Year 2023-24. It should be noted that beginning with April 2024, we will begin reporting monthly again.

Investment activity in the portfolio from July 2024 to March 2024 included the maturity of multiple Federal Agency Coupons and two Medium Term Notes, the purchase of two Federal Agency Coupons as well as reinvestment of monies in the California Asset Management Program (CAMP) account. CAMP has held a consistently higher monthly yield over Local Agency Investment Fund and Treasury Markets, ending March 2024 at 5.48 percent.

Additionally, transfers between CAMP and the Demand Deposit Account have been made for large payments, such as the CalPERS prepayment, and in order to accommodate cash flow needs.

The Treasurer’s Accountability changed from $293,244,802 in June 2023 to $300,286,605 an increase of $7,041,803.

The City Treasurer respectfully recommends the Council accept the attached Treasurer’s Report for September 2023, December 2023, and March 2024 noting a Total Treasurer’s Accountability of $300,286,605 at March 2024 and an organizational total of $315,135,423, which includes assets held by the City as Successor Agency to the Redding Redevelopment Agency, as well as Entity and Trustee accounts.

Environmental Review
This is not a project defined under the California Environmental Quality Act, and no further action is required.

Council Priority/City Manager Goals
This is a routine operational item.

Attachments
Treasurer's Report FY 2023-2024 Q1
Treasurer's Report FY 2023-2024 Q2
Treasurer's Report FY 2023-2024 Q3
Packet Pg. 9
Demand Deposit Accounts June 2023 FY 2023-2024 QTR 1
US Bank
General Account 21,015,395.86 18,654,861.55
Imprest Retirement Contributions 100.00 100.00
Treasurer Credit Card 14,741.38 78,113.46
Utility Credit Card 18,771.63 330,908.42
Library Merchant Account 546.36 475.21
DDA Account (Included in Investment Accounts)* (22,118,294.98) (19,537,823.07) Total Demand Deposit Accounts $ (1,068,739.75) $ (473,364.43) Investment Accounts
*DDA Account 22,118,294.98 19,537,823.07
Certificates of Deposit 3,000,000.00 3,000,000.00
California Asset Management Fund 65,000,000.00 53,373,689.24 Local Agency Investment Fund - City 10,038,966.88 1,004,203.79 Treasury Coupon Securities 29,845,870.78 29,859,286.06
Commercial Paper - Medium Term Notes 25,596,828.76 25,509,724.64 Federal Agency Coupon Securities 132,958,953.17 133,053,505.51 Money Market Accounts 3,878,412.89 3,908,512.25
Municipal Bonds 1,883,191.29 1,881,669.22
Total Investments at Historical Cost $ 294,320,518.75 $ 271,128,413.78 Accrued Purchased Interest (6,976.67) (0.00)
Total Accrued Purchased Interest $ (6,976.67) $ (0.00)
TOTAL TREASURER'S ACCOUNTABILITY $ 293,244,802.33 $ 270,655,049.35

TREASURER'S REPORT
JULY, AUGUST, SEPTEMBER 2023
Packet Pg. 10
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024) - 2 -
June 2023 FY 2023-2024 QTR 1
2013 Wastewater - Held in Trust - Series A
Revenue Fund - N/A
Interest Fund - N/A
Principal Fund - N/A
Surplus Fund - N/A
$ - $ -
2013 Capital Projects - Series B and Series C
Revenue Fund 25.01 0.10
Interest Fund 439.25 204,859.30
Principal Fund 0.62 565,000.00
Rebate Fund - -
$ 464.88 $ 769,859.40
2015 Electric - Held in Trust - Series A
Revenue Fund - -
Interest Fund 748.48 757.26
Principal Fund 2,074.49 2,098.81
$ 2,822.97 $ 2,856.07
2017 Electric Refunding - Series A
Interest Fund 1,072.51 1,085.35
Principal Fund 4,470.80 4,524.33
Surplus Fund - -
$ 5,543.31 $ 5,609.68
2018 Electric Refunding- Series A
Interest Fund 699.71 708.09
Prinicipal Fund 2,919.29 2,954.25
Surplus Fund - -
$ 3,619.00 $ 3,662.34
2019 Capital Projects - Series A
Revenue Fund 3,198.28 13.07
Interest Fund 156.77 411,394.39
Principal Fund 545.23 2.23
Acquisition Fund 10,615.60 -
2039 A Term - Sinking AC - -
2044 A Term - Sinking AC - -
$ 14,515.88 $ 411,409.69
2020 Wastewater System - Series A & B
Debt Service Fund - -
Interest Fund 1,068.25 1,080.78
Principal Fund 4,514.49 4,567.42
Surplus Fund - -
Refunding Fund - -
$ 5,582.74 $ 5,648.20
Total Funds Held in Trust $ 32,548.78 $ 1,199,045.38

REDDING JOINT POWERS FINANCING AUTHORITY

US BANK - TRUSTEE
Packet Pg. 11
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024) - 3 -
June 2023 FY 2023-2024 QTR 1

SUCCESSOR AGENCY FOR REDDING REDEVELOPMENT
US Bank RRA Account 133,681.58 569,892.26
Subtotal Demand Deposit Accounts $ 133,681.58 $ 569,892.26 Trust Accounts
Tax Alloc Bonds Series A 2,234,409.79 -
US Bank - Trustee
Market Street Project Series 2003 424,431.46 -
SHASTEC Project Series 2006 1,027,833.41 5,632.00
Subtotal Trust Accounts $ 3,686,674.66 $ 5,632.00
Investment Accounts
Local Agency Investment Fund 4,701,165.12 4,027,186.39
Subtotal Investment Accounts $ 4,701,165.12 $ 4,027,186.39 Total Redding Redevelopment Agency $ 8,521,521.36 $ 4,602,710.65 US Bank
Housing Checking Account 1,563,523.09 1,748,995.67
FSS Escrow Account 231,765.47 236,457.59
Subtotal Demand Deposit Accounts $ 1,795,288.56 $ 1,985,453.26 Investment Accounts
Local Agency Investment Fund 982,621.20 990,335.94
Subtotal Investment Accounts $ 982,621.20 $ 990,335.94
Total Housing Authority $ 2,777,909.76 $ 2,975,789.20
US Bank Checking Account 1,011,614.16 1,060,129.83
Cornerstone Bank - Designated Veterans Punch Cards 10.00 10.00 Subtotal Demand Deposit Accounts $ 1,011,624.16 $ 1,060,139.83 Investment Accounts
Local Agency Investment Fund 1,209,286.80 618,788.24
Subtotal Investment Accounts $ 1,209,286.80 $ 618,788.24 Total Redding Area Bus Authority $ 2,220,910.96 $ 1,678,928.07 TOTAL FUNDS OF RELATED ENTITIES $ 13,520,342.08 $ 9,257,427.92 (Includes RRA Trust Accounts)
TOTAL JPFA FUNDS HELD IN TRUST $ 32,548.78 $ 1,199,045.38 TOTAL CITY OF REDDING FUNDS $ 293,244,802.33 $ 270,655,049.35

GRAND TOTAL CITY OF REDDING FUNDS, FUNDS
HELD IN TRUST & FUNDS OF RELATED ENTITIES $ 306,797,693.19 $ 281,111,522.65

REDDING AREA BUS AUTHORITY

HOUSING AUTHORITY

RELATED ENTITIES
US Bank - Fiscal Agent Canby/Hilltop/Cypress Project
Packet Pg. 12
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024) September 2023
These graphs depict investment activity from July 1, 2023 through September 30, 2023. Due to the beginning of a new fiscal year, the FY Rate of Return matches to July as it is the first month of the year.

Portfolio value dropped by $25 million, which was primarily due to the annual PERS obligation prepayment of $23 million. Transfers of $9.5 million and $13.5 million from LAIF and CAMP were made to accommodate this payment. During the first quarter of FY 23-24, there were no new investment purchases, or investment maturities.

Investment activity included transfers to and from the general account for cash flow purposes.

The effects of this investment activity on portfolio diversification, as depicted in the pie chart, was a decrease of 2.39 point in CAMP and

2.77 point decrease in LAIF.

Portfolio Liquidity as noted in the bar graph indicates the majority of liquidity in the current year due to 23/24 maturities
*Inclusive of Demand Deposit Accounts
$0
$20,000,000
$40,000,000
$60,000,000
$80,000,000
$100,000,000
$120,000,000
2023/24 2024/25 2025/26 2026/27 2027/28 2028/29

39.59%

15.49%

26.79%

17.02%

1.11%

0.00%
Maturities by Fiscal Year
at September 30, 2023

1.250

1.500

1.750

2.000

2.250

2.500

2.750

3.000

3.250

3.500

3.750

4.000

4.250

4.500

4.750

5.000

5.250

5.500

5.750

OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP
YIELD %
Monthly Yield Comparisons Year Ended September 30, 2023 Monthly Rate of Return Fiscal Yr Rate of Return 2-Yr Treasury 5-Yr Treasury LAIF CAMP
C.D.s

1.11% California
Asset Mgmt
Fund

19.69%
LAIF

0.37%
Treasury
Coupon
Securities

11.01%
Medium Term
Notes

9.41%
Federal
Agency
Coupons

49.07%
Money Market

1.44%
Municipal
Bonds

0.69%
DDA

4.42%
Investments by Type at September 30, 2023
Packet Pg. 13
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024) Packet Pg. 14
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024)

Page 1 ends

September 30, 2023
Interest Earnings Summary
September 30Month Ending Fiscal Year To Date
Portfolio Management

CITY OF REDDING
CD/Coupon/Discount Investments:

Interest Collected 383,560.51
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period
758,695.79
( 831,636.62)
1,027,053.06
758,695.79
( 853,878.32)
Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period
Adjusted by Premiums and Discounts
Adjusted by Capital Gains or Losses
Earnings during Periods
310,619.68
8,675.50

0.00 931,870.53
26,318.10

0.00 319,295.18 958,188.63
Pass Through Securities:

Interest Collected 0.00
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period

0.00 ( 0.00)

0.00 0.00
( 0.00)
Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period
Adjusted by Premiums and Discounts
Adjusted by Capital Gains or Losses
Earnings during Periods

0.00 0.00

0.00 0.00
Cash/Checking Accounts:

Interest Collected 264,458.53
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period
281,742.98
( 274,990.09)
1,145,804.61
281,742.98
( 558,798.55)
Interest Earned during Period 271,211.42 868,749.04
Total Interest Earned during Period
Total Adjustments from Premiums and Discounts
Total Capital Gains or Losses
Total Earnings during Period
581,831.10
8,675.50

0.00 1,800,619.57
26,318.10

0.00 590,506.60 1,826,937.67
Portfolio CITY
AC
Run Date: 05/02/2024 - 16:31 PM (PRF_PM6) 7.3.11
Report Ver. 7.3.11
Packet Pg. 15
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024)

Page 1 ends

September 2022 through September 2023
Activity Summary
Month
Portfolio Management
End Year
Number of
Securities
Total
Invested
360
Equivalent
365
Equivalent
Managed
Pool
Rate
Average
Term
Average
Days to Maturity

CITY OF REDDING
Number
of Investments
Purchased
Number
of Investments
Redeemed
Yield to Maturity
September 2022 57 279,197,611.73 1.543 1.564 0.000 1 0 1,015 716 October 2022 60 282,461,680.53 1.717 1.741 0.000 3 0 1,039 723 November 2022 61 274,165,550.67 1.812 1.837 0.000 1 1 1,088 750 December 2022 63 271,028,298.50 1.933 1.959 0.000 3 1 1,103 752 January 2023 63 291,386,902.66 1.935 1.962 0.000 1 2 996 665 February 2023 61 291,359,716.55 1.973 2.000 0.000 0 1 971 623 March 2023 60 287,501,970.26 2.040 2.068 0.000 0 0 983 611 April 2023 61 286,300,240.74 2.112 2.142 0.000 1 0 994 600 May 2023 61 282,425,731.52 2.067 2.095 0.000 0 0 1,008 587 June 2023 62 294,320,518.75 2.631 2.668 0.000 1 0 967 544 July 2023 62 270,815,984.45 2.516 2.551 0.000 0 0 1,051 569 August 2023 62 273,694,345.98 2.537 2.573 0.000 0 0 1,040 541 September 2023 62 271,128,413.78 2.591 2.627 0.000 0 0 1,050 525 Average 61 281,214,382.01 2.108% 2.138% 0.000 1 0 1,023 631 Portfolio CITY
AC
Run Date: 05/02/2024 - 16:31 PM (PRF_PM4) 7.3.11
Report Ver. 7.3.11
Packet Pg. 16
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024)

Page 1 ends

Stated
Rate
Transaction
Date
September 1, 2023 through September 30, 2023
Activity By Type
Balance
Portfolio Management

CITY OF REDDING
CUSIP Investment # Issuer
Purchases
or Deposits
Redemptions
or Withdrawals
Certificates of Deposit - Bank
Subtotal 3,000,000.00
California Asset Management Fund (Monthly Summary)
9999 9999 PFM 5.550 4,495,592.17 5,245,897.71
Subtotal 4,495,592.17 5,245,897.71 53,373,689.24
Medium Term Notes
Subtotal 25,509,724.64
Federal Agency Coupon Securities
Subtotal 133,053,505.51
Treasury Coupon Securities
Subtotal 29,859,286.06
Municipal Bonds
Subtotal 1,881,669.22
LAIF - Local Agency Investment Fund
Subtotal 1,004,203.79
Overnight Sweeps & DDA Accounts
USB 9400 910 US BANK 0.750 37,768,415.26 39,595,987.27
Subtotal 37,768,415.26 39,595,987.27 19,537,823.07
Investment Money Market Accounts
SYS606 606 FIVE STAR BANK 3.434 10,246.52 0.00
Subtotal 10,246.52 0.00 3,908,512.25
Total 42,274,253.95 44,841,884.98 271,128,413.78
Portfolio CITY
AC
Run Date: 05/02/2024 - 16:31 PM (PRF_PM3) 7.3.11
Packet Pg. 17 Report Ver. 7.3.11
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024) YTM
360

Page 1 ends

Par Value Book Value
Maturity
Date
Stated
Market Value Rate
September 30, 2023
Portfolio Details - Investments
Average
Balance Issuer
Portfolio Management

CITY OF REDDING
Days to
CUSIP Investment # S&P Maturity
Purchase
Date
Certificates of Deposit - Bank
SYS 30031 50514 REDDING BANK OF COMMERCE 09/24/2020 3,000,000.00 3,000,000.00 3,000,000.00 1.000 A 1.000 724 09/24/2025 Subtotal and Average 3,000,000.00 3,000,000.00 3,000,000.00 3,000,000.00 1.000 724 California Asset Management Fund
9999 9999 PFM 53,373,689.24 53,373,689.24 53,373,689.24 5.550 5.474 1 Subtotal and Average 54,765,651.26 53,373,689.24 53,373,689.24 53,373,689.24 5.474 1 Medium Term Notes
037833BZ2 50543 APPLE 01/21/2022 5,000,000.00 4,678,450.00 5,096,724.56 2.450 AAA 1.677 1,038 08/04/2026 06406HCS6 50504 Bank of NY Mellon 03/17/2020 5,000,000.00 4,954,550.00 5,026,118.35 3.650 A 2.023 126 02/04/2024 24422EUE7 50505 BANK OF AMERICA 03/17/2020 5,000,000.00 4,868,900.00 5,123,325.06 3.450 A 1.647 529 03/13/2025 594918BJ2 50515 MICROSOFT 11/20/2020 5,000,000.00 4,825,050.00 5,250,715.87 3.125 AA 0.670 764 11/03/2025 89114QCK2 50513 Toronto Dominion Bank 09/15/2020 2,500,000.00 2,278,175.00 2,502,384.33 0.750 A 0.690 711 09/11/2025 91159HHG8 50508 US BANK T & C 03/23/2020 2,500,000.00 2,476,100.00 2,510,456.47 3.700 AA 2.308 121 01/30/2024 Subtotal and Average 25,523,758.08 25,000,000.00 24,081,225.00 25,509,724.64 1.497 577 Federal Agency Coupon Securities
3133EM6E7 50535 FEDERAL FARM CREDIT BANK 09/28/2021 5,000,000.00 4,447,150.00 5,000,000.00 0.940 AA 0.927 1,093 09/28/2026 3133ENDC1 50538 FEDERAL FARM CREDIT BANK 11/03/2021 2,000,000.00 1,800,780.00 2,000,000.00 1.330 AAA 1.312 1,129 11/03/2026 3133ENLY4 50544 FEDERAL FARM CREDIT BANK 01/25/2022 3,000,000.00 2,946,540.00 3,000,000.00 1.040 AAA 1.026 116 01/25/2024 3133ENMQ0 50547 FEDERAL FARM CREDIT BANK 02/04/2022 3,000,000.00 2,831,370.00 2,995,041.52 1.310 AAA 1.417 491 02/03/2025 3133ENMZ0 50548 FEDERAL FARM CREDIT BANK 02/04/2022 3,000,000.00 2,925,150.00 2,999,229.01 1.200 AAA 1.235 185 04/03/2024 3133ENQV5 50550 FEDERAL FARM CREDIT BANK 03/10/2022 5,000,000.00 4,747,300.00 5,000,000.00 1.870 AA 1.844 526 03/10/2025 3133ENSZ4 50553 FEDERAL FARM CREDIT BANK 04/01/2022 2,500,000.00 2,333,375.00 2,500,000.00 2.750 AAA 2.712 1,278 04/01/2027 3133EN3M0 50569 FEDERAL FARM CREDIT BANK 12/05/2022 2,000,000.00 1,984,040.00 2,004,711.11 4.625 AAA 4.353 431 12/05/2024 3130AKQ74 50520 FED HOME LOAN BANK 01/22/2021 2,500,000.00 2,255,650.00 2,500,000.00 0.625 AA 0.616 844 01/22/2026 3130AKPN0 50521 FED HOME LOAN BANK 01/29/2021 2,500,000.00 2,260,225.00 2,500,000.00 0.600 AA 0.592 851 01/29/2026 3130ALGJ7 50525 FED HOME LOAN BANK 03/23/2021 4,875,000.00 4,423,233.75 4,875,000.00 1.000 AA 0.986 904 03/23/2026 3130ALDN1 50526 FED HOME LOAN BANK 03/16/2021 5,000,000.00 4,510,900.00 5,000,000.00 0.800 AA 0.789 897 03/16/2026 3130ALXP4 50528 FED HOME LOAN BANK 04/28/2021 2,500,000.00 2,270,925.00 2,500,000.00 1.200 AA 1.184 940 04/28/2026 3130APQB4 50537 FED HOME LOAN BANK 11/23/2021 3,000,000.00 2,711,970.00 3,000,000.00 1.500 AAA 1.479 1,149 11/23/2026 3130APYK5 50540 FED HOME LOAN BANK 12/14/2021 3,000,000.00 2,813,640.00 3,000,000.00 1.150 AAA 1.134 530 03/14/2025 3130ARPB1 50556 FED HOME LOAN BANK 04/28/2022 5,000,000.00 4,763,450.00 5,000,000.00 3.500 AAA 3.452 1,305 04/28/2027 3130ARYA3 50557 FED HOME LOAN BANK 05/26/2022 3,000,000.00 2,889,720.00 3,000,000.00 4.000 AAA 3.945 1,333 05/26/2027 3130ASKB4 50560 FED HOME LOAN BANK 06/29/2022 4,000,000.00 3,971,080.00 4,000,000.00 3.350 AAA 3.304 89 12/29/2023 3130ASQP7 50561 FED HOME LOAN BANK 07/28/2022 2,000,000.00 1,959,040.00 2,000,000.00 3.625 AAA 3.575 485 01/28/2025 Portfolio CITY
AC
Run Date: 05/02/2024 - 16:31 PM (PRF_PM2) 7.3.11
Report Ver. 7.3.11 Packet Pg. 18
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024) YTM
360

Page 2 ends

Par Value Book Value
Maturity
Date
Stated
Market Value Rate
September 30, 2023
Portfolio Details - Investments
Average
Balance Issuer
Portfolio Management

CITY OF REDDING
Days to
CUSIP Investment # S&P Maturity
Purchase
Date
Federal Agency Coupon Securities
3130ATAH0 50567 FED HOME LOAN BANK 10/18/2022 4,000,000.00 3,960,080.00 3,982,739.57 3.640 AAA 4.563 166 03/15/2024 3130AU2Q6 50571 FED HOME LOAN BANK 12/19/2022 2,000,000.00 1,996,920.00 2,000,823.33 5.000 AAA 4.737 79 12/19/2023 3130AQV26 50573 FED HOME LOAN BANK 04/13/2023 4,000,000.00 3,849,560.00 3,893,626.11 1.610 AAA 4.547 339 09/04/2024 3134GWUG9 50546 FED HOME LOAN MTG CORP 02/03/2022 735,000.00 670,415.55 720,989.22 0.570 AAA 1.542 724 09/24/2025 3134GW6C5 50549 FED HOME LOAN MTG CORP 02/07/2022 2,000,000.00 1,768,680.00 1,940,717.90 0.800 AAA 1.785 1,123 10/28/2026 3134GXMT8 50551 FED HOME LOAN MTG CORP 03/25/2022 5,000,000.00 4,770,450.00 5,000,000.00 2.250 AAA 2.219 541 03/25/2025 3134GW6C5 50552 FED HOME LOAN MTG CORP 03/23/2022 3,000,000.00 2,653,020.00 2,850,805.83 0.800 AAA 2.488 1,123 10/28/2026 3134GXQV9 50554 FED HOME LOAN MTG CORP 04/25/2022 4,150,000.00 4,006,742.00 4,150,000.00 3.100 AAA 3.058 572 04/25/2025 3134GW4C7 50555 FED HOME LOAN MTG CORP 04/06/2022 3,000,000.00 2,653,260.00 2,826,922.12 0.800 AAA 2.775 1,122 10/27/2026 3134GXVF8 50558 FED HOME LOAN MTG CORP 06/23/2022 3,000,000.00 2,909,130.00 3,000,000.00 3.000 AAA 2.959 449 12/23/2024 3134GXYE8 50559 FED HOME LOAN MTG CORP 06/28/2022 3,000,000.00 2,941,380.00 2,992,435.00 3.100 AAA 3.407 271 06/28/2024 3134GXH56 50562 FED HOME LOAN MTG CORP 07/28/2022 3,000,000.00 2,932,740.00 3,000,000.00 4.000 AAA 3.947 605 05/28/2025 3134GXR89 50563 FED HOME LOAN MTG CORP 08/25/2022 3,000,000.00 2,910,480.00 3,000,000.00 4.375 AAA 4.315 1,424 08/25/2027 3134GY6H0 50570 FED HOME LOAN MTG CORP 12/16/2022 2,000,000.00 1,984,200.00 2,003,018.06 5.500 AAA 5.351 807 12/16/2025 3136G4S61 50511 FEDERAL NATL MTG ASSN 08/25/2020 5,000,000.00 4,582,750.00 5,000,000.00 0.660 AA 0.651 694 08/25/2025 3135GA3W9 50516 FEDERAL NATL MTG ASSN 11/25/2020 2,500,000.00 2,270,725.00 2,500,000.00 0.600 AA 0.592 786 11/25/2025 3135GA3Z2 50517 FEDERAL NATL MTG ASSN 11/25/2020 2,500,000.00 2,270,725.00 2,500,000.00 0.600 AA 0.592 786 11/25/2025 3135GA5R8 50518 FEDERAL NATL MTG ASSN 12/18/2020 5,000,000.00 4,524,700.00 5,000,000.00 0.625 AA 0.616 809 12/18/2025 3135G06G3 50519 FEDERAL NATL MTG ASSN 01/19/2021 5,000,000.00 4,555,400.00 5,000,931.44 0.500 AA 0.484 768 11/07/2025 3135G06V0 50564 FEDERAL NATL MTG ASSN 09/16/2022 3,000,000.00 2,930,970.00 2,986,900.42 4.125 AAA 4.311 697 08/28/2025 3135G03U5 50566 FEDERAL NATL MTG ASSN 10/18/2022 3,000,000.00 2,794,350.00 2,829,614.87 0.625 AAA 4.459 569 04/22/2025 3135GADU2 50572 FEDERAL NATL MTG ASSN 01/26/2023 3,000,000.00 2,991,960.00 3,000,000.00 5.000 AAA 4.932 117 01/26/2024 Subtotal and Average 133,037,845.73 133,760,000.00 125,774,176.30 133,053,505.51 2.332 711 Treasury Coupon Securities
91282CBQ3 50522 TREASURY NOTE 03/01/2021 5,000,000.00 4,514,450.00 4,974,354.45 0.500 0.707 881 02/28/2026 91282CBQ3 50523 TREASURY NOTE 03/08/2021 5,000,000.00 4,514,450.00 4,964,412.30 0.500 0.791 881 02/28/2026 91282CBT7 50527 TREASURY NOTE 03/31/2021 2,000,000.00 1,815,160.00 1,991,883.90 0.750 0.904 912 03/31/2026 91282CBW0 50530 TREASURY NOTE 05/13/2021 5,000,000.00 4,521,900.00 4,987,010.48 0.750 0.841 942 04/30/2026 91282CCW9 50534 TREASURY NOTE 08/31/2021 5,000,000.00 4,476,350.00 4,987,241.58 0.750 0.828 1,065 08/31/2026 91282CCW9 50536 TREASURY NOTE 09/28/2021 5,000,000.00 4,476,350.00 4,966,681.73 0.750 0.971 1,065 08/31/2026 91282CDQ1 50541 TREASURY NOTE 01/05/2022 3,000,000.00 2,705,640.00 2,987,701.62 1.250 1.362 1,187 12/31/2026 Subtotal and Average 29,857,171.69 30,000,000.00 27,024,300.00 29,859,286.06 0.886 985 Portfolio CITY
AC
Run Date: 05/02/2024 - 16:31 PM (PRF_PM2) 7.3.11
Packet Pg. 19
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024) YTM
360

Page 3 ends

Par Value Book Value
Maturity
Date
Stated
Market Value Rate
September 30, 2023
Portfolio Details - Investments
Average
Balance Issuer
Portfolio Management

CITY OF REDDING
Days to
CUSIP Investment # S&P Maturity
Purchase
Date
Municipal Bonds
35981VAZ3 50512 FULLERTON REDEVELOPMENT AGENCY 09/02/2020 1,870,000.00 1,719,483.70 1,881,669.22 1.221 AA 0.907 701 09/01/2025 Subtotal and Average 1,881,914.44 1,870,000.00 1,719,483.70 1,881,669.22 0.907 701 LAIF - Local Agency Investment Fund
1000 601 STATE OF CALIF POOL 04/01/2013 1,004,203.79 1,004,203.79 1,004,203.79 3.534 3.534 1 Subtotal and Average 1,004,203.79 1,004,203.79 1,004,203.79 1,004,203.79 3.534 1 Overnight Sweeps & DDA Accounts
USB 9400 910 US BANK 07/01/2019 19,537,823.07 19,537,823.07 19,537,823.07 0.750 0.740 1 Subtotal and Average 21,304,476.01 19,537,823.07 19,537,823.07 19,537,823.07 0.740 1 Investment Money Market Accounts
SYS609 609 CORNERSTONE BANK 08/01/2013 250,000.00 250,000.00 250,000.00 1.000 0.986 1 SYS606 606 FIVE STAR BANK 06/30/2013 3,658,512.25 3,658,512.25 3,658,512.25 3.434 3.387 1 SYS608 608 FIVE STAR BANK 06/30/2013 0.00 0.00 0.00 2.624 2.588 1 Subtotal and Average 3,898,607.28 3,908,512.25 3,908,512.25 3,908,512.25 3.233 1 Total and Average 274,273,628.28 271,454,228.35 259,423,413.35 271,128,413.78 2.591 525 Portfolio CITY
AC
Run Date: 05/02/2024 - 16:31 PM (PRF_PM2) 7.3.11
Packet Pg. 20
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024) $135,086 $134,173 $143,661 $156,675 $184,522 $213,099 $251,756 $275,058 $309,504 $316,853 $352,099 $373,208 $408,714 $425,626 $454,200 $449,647 $495,689 $496,627 $495,338 $550,793 $648,731 $587,700 $590,507 $0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
City of Redding
Earnings History $275,604,200 $279,197,612 $282,461,681 $274,165,551 $271,028,299 $291,386,903 $291,359,717 $287,501,970 $286,300,241 $282,425,732 $294,320,519 $270,815,984 $273,694,346 $271,128,414 $255,000,000
$260,000,000
$265,000,000
$270,000,000
$275,000,000
$280,000,000
$285,000,000
$290,000,000
$295,000,000
$300,000,000
City of Redding
Book Value History
Packet Pg. 21
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024)

CITY OF REDDING
Received Interest

CITY OF REDDING
Treasurer's Office
777 Cypress Ave
Redding, Redding, CA 96001
Sorted by Issuer (530)225-4199
Received September 1, 2023 - September 30, 2023
Security
Type
Current
Rate
Par
Value Date Due Date Received Amount Due Amount Received Variance Interest
Issuer CUSIP Investment #
BANK OF AMERICA 24422EUE7 50505 MTN 5,000,000.00 3.450 09/13/2023 09/13/2023 86,250.00 86,250.00 - Subtotal 86,250.00 86,250.00
FEDERAL FARM CREDIT BANK 3133ENQV5 50550 FAC 5,000,000.00 1.870 09/10/2023 09/11/2023 46,750.00 46,750.00 - 3133EM6E7 50535 FAC 5,000,000.00 0.940 09/28/2023 09/28/2023 23,500.00 23,500.00 - Subtotal 70,250.00 70,250.00
FED HOME LOAN BANK 3130AQV26 50573 FAC 4,000,000.00 1.610 09/04/2023 09/04/2023 32,200.00 32,200.00 - 3130ATAH0 50567 FAC 4,000,000.00 3.640 09/15/2023 09/15/2023 72,800.00 72,800.00 - 3130ALDN1 50526 FAC 5,000,000.00 0.800 09/16/2023 09/16/2023 20,000.00 20,000.00 - 3130ALGJ7 50525 FAC 4,875,000.00 1.000 09/23/2023 09/26/2023 24,375.00 24,375.00 - Subtotal 149,375.00 149,375.00
FED HOME LOAN MTG CORP 3134GWUG9 50546 FAC 735,000.00 0.570 09/24/2023 09/24/2023 2,094.75 2,094.75 - 3134GXMT8 50551 FAC 5,000,000.00 2.250 09/25/2023 09/25/2023 56,250.00 56,250.00 - Subtotal 58,344.75 58,344.75
REDDING BANK OF COMMERCE SYS 30031 50514 BCD 3,000,000.00 1.000 09/24/2023 09/24/2023 2,583.33 2,465.76 -117.57 Subtotal 2,583.33 2,465.76
Toronto Dominion Bank 89114QCK2 50513 MTN 2,500,000.00 0.750 09/11/2023 09/11/2023 9,375.00 9,375.00 - Subtotal 9,375.00 9,375.00
TREASURY NOTE 91282CBT7 50527 TRC 2,000,000.00 0.750 09/30/2023 09/30/2023 7,500.00 7,500.00 - Subtotal 7,500.00 7,500.00
Total 383,678.08 383,560.51
Total Cash Overpayment 0.00
Total Cash Shortfall -117.57
Portfolio CITY
AC
Run Date: 05/02/2024 - 16:34 RI (PRF_RI) 7.3.11
Report Ver. 7.3.11
Packet Pg. 22
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024) Security
Type
Current
Rate
Par
Value

Page 2 ends

Date Received Amount Received
Interest
Issuer
Received September 1, 2023 - September 30, 2023
Received Interest

CITY OF REDDING
CUSIP Investment #
Cash Accounts
PFM 9999 9999 PA1 53,123,994.78 5.550 09/01/2023 245,897.71 Subtotal 245,897.71
CORNERSTONE BANK SYS609 609 RR4 250,000.00 1.000 09/30/2023 205.48 Subtotal 205.48
FIVE STAR BANK SYS606 606 RR4 3,648,265.73 3.434 09/30/2023 10,246.52 Subtotal 10,246.52
US BANK USB 9400 910 RR3 21,365,395.08 0.750 09/30/2023 8,108.82 Subtotal 8,108.82
Total 264,458.53
Portfolio CITY
AC
Run Date: 05/02/2024 - 16:34 RI (PRF_RI) 7.3.11
Report Ver. 7.3.11
Packet Pg. 23
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024)

CITY OF REDDING
Interest Earnings

CITY OF REDDING
Treasurer's Office
777 Cypress Ave
Redding, Redding, CA 96001
Sorted by Fund - Fund (530)225-4199
September 1, 2023 - September 30, 2023
Yield on Beginning Book Value
Maturity
Date
Current
Rate
Ending
Par Value
Security Ending
Fund Type Book Value
Beginning
Book Value
Adjusted Interest Earnings
Accretion
Amortization/
Earnings
Annualized Adjusted Interest
CUSIP Investment # Yield
Interest
Earned
Fund: OTHER
9999 9999 050 PA1 53,373,689.24 54,123,994.78 53,373,689.24 5.550 5.613 249,694.46 0.00 249,694.46 1000 601 050 RRP 1,004,203.79 1,004,203.79 1,004,203.79 3.534 3.582 2,956.14 0.00 2,956.14 SYS606 606 050 RR4 3,658,512.25 3,648,265.73 3,658,512.25 3.434 3.417 10,246.52 0.00 10,246.52 SYS609 609 050 RR4 250,000.00 250,000.00 250,000.00 1.000 1.000 205.48 0.00 205.48 USB 9400 910 050 RR3 19,537,823.07 21,365,395.08 19,537,823.07 0.750 0.462 8,108.82 0.00 8,108.82 Subtotal 77,824,228.35 80,391,859.38 77,824,228.35 4.105 271,211.42 0.00 271,211.42 Fund: POOLED CASH
91282CDQ1 50541 100 TRC 3,000,000.00 2,987,390.79 2,987,701.62 12/31/2026 1.250 1.372 3,057.06 310.83 3,367.89 91282CCW9 50534 100 TRC 5,000,000.00 4,986,882.19 4,987,241.58 08/31/2026 0.750 0.842 3,090.66 359.39 3,450.05 91282CBQ3 50523 100 TRC 5,000,000.00 4,963,200.46 4,964,412.30 02/28/2026 0.500 0.802 2,060.44 1,211.84 3,272.28 91282CBT7 50527 100 TRC 2,000,000.00 1,991,616.92 1,991,883.90 03/31/2026 0.750 0.914 1,229.50 266.98 1,496.48 91282CBQ3 50522 100 TRC 5,000,000.00 4,973,481.16 4,974,354.45 02/28/2026 0.500 0.718 2,060.44 873.29 2,933.73 91282CBW0 50530 100 TRC 5,000,000.00 4,986,596.80 4,987,010.48 04/30/2026 0.750 0.847 3,057.06 413.68 3,470.74 91282CCW9 50536 100 TRC 5,000,000.00 4,965,743.19 4,966,681.73 08/31/2026 0.750 0.987 3,090.66 938.54 4,029.20 24422EUE7 50505 100 MTN 5,000,000.00 5,130,412.71 5,123,325.06 03/13/2025 3.450 1.728 14,375.00 -7,087.65 7,287.35 SYS 30031 50514 100 BCD 3,000,000.00 3,000,000.00 3,000,000.00 09/24/2025 1.000 0.246 607.45 0.00 607.45 3135G06G3 50519 100 FAC 5,000,000.00 5,000,968.40 5,000,931.44 11/07/2025 0.500 0.498 2,083.33 -36.96 2,046.37 3135GA3Z2 50517 100 FAC 2,500,000.00 2,500,000.00 2,500,000.00 11/25/2025 0.600 0.608 1,250.00 0.00 1,250.00 3135GA5R8 50518 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 12/18/2025 0.625 0.634 2,604.16 0.00 2,604.16 3136G4S61 50511 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 08/25/2025 0.660 0.669 2,750.00 0.00 2,750.00 3135GA3W9 50516 100 FAC 2,500,000.00 2,500,000.00 2,500,000.00 11/25/2025 0.600 0.608 1,250.00 0.00 1,250.00 3135GADU2 50572 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 01/26/2024 5.000 5.069 12,500.00 0.00 12,500.00 3135G06V0 50564 100 FAC 3,000,000.00 2,986,328.39 2,986,900.42 08/28/2025 4.125 4.434 10,312.50 572.03 10,884.53 3135G03U5 50566 100 FAC 3,000,000.00 2,820,503.36 2,829,614.87 04/22/2025 0.625 4.604 1,562.50 9,111.51 10,674.01 3130APYK5 50540 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 03/14/2025 1.150 1.166 2,875.00 0.00 2,875.00 3130ASKB4 50560 100 FAC 4,000,000.00 4,000,000.00 4,000,000.00 12/29/2023 3.350 3.397 11,166.66 0.00 11,166.66 3130AQV26 50573 100 FAC 4,000,000.00 3,891,019.54 3,893,626.11 09/04/2024 1.610 4.675 5,366.67 9,583.24 14,949.91 3130AU2Q6 50571 100 FAC 2,000,000.00 2,001,140.00 2,000,823.33 12/19/2023 5.000 4.874 8,333.33 -316.67 8,016.66 Portfolio CITY
AC
Run Date: 05/02/2024 - 17:06 IE (PRF_IE) 7.3.11
Report Ver. 7.3.11
Packet Pg. 24
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024) Maturity
Date
Current
Rate
Ending
Par Value
Security Ending
Fund Type

Page 2 ends

Book Value
Beginning
Book Value
Adjusted Interest Earnings
Accretion
Amortization/
Earnings
Adjusted Interest
September 1, 2023 - September 30, 2023
Interest Earnings

CITY OF REDDING
Annualized
CUSIP Investment # Yield
Interest
Earned
Fund: POOLED CASH
3130ATAH0 50567 100 FAC 4,000,000.00 3,979,582.17 3,982,739.57 03/15/2024 3.640 4.675 12,133.33 3,157.40 15,290.73 3130ARYA3 50557 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 05/26/2027 4.000 4.056 10,000.00 0.00 10,000.00 3130ASQP7 50561 100 FAC 2,000,000.00 2,000,000.00 2,000,000.00 01/28/2025 3.625 3.675 6,041.67 0.00 6,041.67 3130ARPB1 50556 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 04/28/2027 3.500 3.549 14,583.33 0.00 14,583.33 3130APQB4 50537 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 11/23/2026 1.500 1.521 3,750.00 0.00 3,750.00 3130ALGJ7 50525 100 FAC 4,875,000.00 4,875,000.00 4,875,000.00 03/23/2026 1.000 1.014 4,062.50 0.00 4,062.50 3130AKPN0 50521 100 FAC 2,500,000.00 2,500,000.00 2,500,000.00 01/29/2026 0.600 0.608 1,250.00 0.00 1,250.00 3130AKQ74 50520 100 FAC 2,500,000.00 2,500,000.00 2,500,000.00 01/22/2026 0.625 0.634 1,302.08 0.00 1,302.08 3130ALDN1 50526 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 03/16/2026 0.800 0.811 3,333.34 0.00 3,333.34 3130ALXP4 50528 100 FAC 2,500,000.00 2,500,000.00 2,500,000.00 04/28/2026 1.200 1.217 2,500.00 0.00 2,500.00 3133ENSZ4 50553 100 FAC 2,500,000.00 2,500,000.00 2,500,000.00 04/01/2027 2.750 2.788 5,729.17 0.00 5,729.17 3133EN3M0 50569 100 FAC 2,000,000.00 2,005,044.44 2,004,711.11 12/05/2024 4.625 4.475 7,708.34 -333.33 7,375.01 3133ENDC1 50538 100 FAC 2,000,000.00 2,000,000.00 2,000,000.00 11/03/2026 1.330 1.348 2,216.67 0.00 2,216.67 3133ENQV5 50550 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 03/10/2025 1.870 1.896 7,791.67 0.00 7,791.67 3133EM6E7 50535 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 09/28/2026 0.940 0.953 3,916.67 0.00 3,916.67 3133ENMZ0 50548 100 FAC 3,000,000.00 2,999,101.93 2,999,229.01 04/03/2024 1.200 1.269 3,000.00 127.08 3,127.08 3133ENLY4 50544 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 01/25/2024 1.040 1.054 2,600.00 0.00 2,600.00 3133ENMQ0 50547 100 FAC 3,000,000.00 2,994,732.90 2,995,041.52 02/03/2025 1.310 1.456 3,275.00 308.62 3,583.62 3134GW6C5 50549 100 FAC 2,000,000.00 1,939,111.34 1,940,717.90 10/28/2026 0.800 1.845 1,333.33 1,606.56 2,939.89 3134GXH56 50562 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 05/28/2025 4.000 4.056 10,000.00 0.00 10,000.00 3134GY6H0 50570 100 FAC 2,000,000.00 2,003,131.94 2,003,018.06 12/16/2025 5.500 5.498 9,166.66 -113.88 9,052.78 3134GXR89 50563 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 08/25/2027 4.375 4.436 10,937.50 0.00 10,937.50 3134GXYE8 50559 100 FAC 3,000,000.00 2,991,585.00 2,992,435.00 06/28/2024 3.100 3.498 7,750.00 850.00 8,600.00 3134GXVF8 50558 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 12/23/2024 3.000 3.042 7,500.00 0.00 7,500.00 3134GWUG9 50546 100 FAC 735,000.00 720,399.71 720,989.22 09/24/2025 0.570 1.585 349.12 589.51 938.63 3134GW4C7 50555 100 FAC 3,000,000.00 2,822,227.42 2,826,922.12 10/27/2026 0.800 2.886 2,000.00 4,694.70 6,694.70 3134GXQV9 50554 100 FAC 4,150,000.00 4,150,000.00 4,150,000.00 04/25/2025 3.100 3.143 10,720.83 0.00 10,720.83 3134GW6C5 50552 100 FAC 3,000,000.00 2,846,762.63 2,850,805.83 10/28/2026 0.800 2.583 2,000.00 4,043.20 6,043.20 3134GXMT8 50551 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 03/25/2025 2.250 2.281 9,375.00 0.00 9,375.00 91159HHG8 50508 100 MTN 2,500,000.00 2,513,092.56 2,510,456.47 01/30/2024 3.700 2.456 7,708.33 -2,636.09 5,072.24 594918BJ2 50515 100 MTN 5,000,000.00 5,260,717.84 5,250,715.87 11/03/2025 3.125 0.698 13,020.83 -10,001.97 3,018.86 037833BZ2 50543 100 MTN 5,000,000.00 5,099,561.05 5,096,724.56 08/04/2026 2.450 1.759 10,208.33 -2,836.49 7,371.84 06406HCS6 50504 100 MTN 5,000,000.00 5,032,488.68 5,026,118.35 02/04/2024 3.650 2.137 15,208.33 -6,370.33 8,838.00 89114QCK2 50513 100 MTN 2,500,000.00 2,502,486.51 2,502,384.33 09/11/2025 0.750 0.710 1,562.50 -102.18 1,460.32 35981VAZ3 50512 100 MUN 1,870,000.00 1,882,176.57 1,881,669.22 09/01/2025 1.221 0.902 1,902.73 -507.35 1,395.38 Subtotal 193,630,000.00 193,302,486.60 193,304,185.43 2.010 310,619.68 8,675.50 319,295.18 Portfolio CITY
AC
Run Date: 05/02/2024 - 17:06 IE (PRF_IE) 7.3.11
Report Ver. 7.3.11
Packet Pg. 25
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024) Maturity
Date
Current
Rate
Ending
Par Value
Security Ending
Fund Type

Page 3 ends

Book Value
Beginning
Book Value
Adjusted Interest Earnings
Accretion
Amortization/
Earnings
Adjusted Interest
September 1, 2023 - September 30, 2023
Interest Earnings

CITY OF REDDING
Annualized
CUSIP Investment # Yield
Interest
Earned
Total 271,454,228.35 273,694,345.98 271,128,413.78 2.625 581,831.10 8,675.50 590,506.60 Portfolio CITY
AC
Run Date: 05/02/2024 - 17:06 IE (PRF_IE) 7.3.11
Report Ver. 7.3.11
Packet Pg. 26
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024)

CITY OF REDDING
Amortization Schedule

CITY OF REDDING
Treasurer's Office
777 Cypress Ave
Redding, Redding, CA 96001
September 1, 2023 - September 30, 2023 (530)225-4199
Sorted By Security Type - Fund
Original Premium
or Discount
Maturity Date
Current Rate
Beginning Par Value
Ending
Book Value
Amount Amortized
Fund Amort. Date This Period
Amounts Amortized
And Unamortized
As of 09/01/2023
Amt Amortized
Through 09/30/2023
Amount Unamortized
Through 09/30/2023
Investment #
Issuer
Purchase
Principal
Medium Term Notes
50543 5,000,000.00 154,400.00

2.450
08/04/2026 5,096,724.56 -54,838.95
99,561.05
100 5,154,400.00 -2,836.49 96,724.56
APPLE
-57,675.44
50504 5,000,000.00 296,645.00

3.650
02/04/2024 5,026,118.35 -264,156.32
32,488.68
100 5,296,645.00 -6,370.33 26,118.35
Bank of NY Mellon
-270,526.65
50505 5,000,000.00 424,313.81

3.450
03/13/2025 5,123,325.06 -293,901.10
130,412.71
100 5,424,313.81 -7,087.65 123,325.06

BANK OF AMERICA
-300,988.75
50515 5,000,000.00 594,450.00

3.125
11/03/2025 5,250,715.87 -333,732.16
260,717.84
100 5,594,450.00 -10,001.97 250,715.87

MICROSOFT
-343,734.13
50513 2,500,000.00 6,117.50

0.750
09/11/2025 2,502,384.33 -3,630.99
2,486.51
100 2,506,117.50 -102.18 2,384.33
Toronto Dominion Bank
-3,733.17
50508 2,500,000.00 121,875.00

3.700
01/30/2024 2,510,456.47 -108,782.44
13,092.56
100 2,621,875.00 -2,636.09 10,456.47

US BANK T & C
-111,418.53
Subtotal 1,597,801.31 25,509,724.64 -1,059,041.96 -29,034.71 538,759.35
26,597,801.31 -1,088,076.67 509,724.64
Federal Agency Coupon Securities
50547 3,000,000.00 -11,100.00

1.310
02/03/2025 2,995,041.52 5,832.90
-5,267.10
100 2,988,900.00 308.62 -4,958.48

FEDERAL FARM CREDIT BANK
6,141.52
50548 3,000,000.00 -3,300.00

1.200
04/03/2024 2,999,229.01 2,401.93
-898.07
100 2,996,700.00 127.08 -770.99

FEDERAL FARM CREDIT BANK
2,529.01
50569 2,000,000.00 8,000.00

4.625
12/05/2024 2,004,711.11 -2,955.56
5,044.44
100 2,008,000.00 -333.33 4,711.11

FEDERAL FARM CREDIT BANK
-3,288.89
50567 4,000,000.00 -53,360.00

3.640
03/15/2024 3,982,739.57 32,942.17
-20,417.83
100 3,946,640.00 3,157.40 -17,260.43

FED HOME LOAN BANK
36,099.57
50571 2,000,000.00 3,800.00

5.000
12/19/2023 2,000,823.33 -2,660.00
1,140.00
100 2,003,800.00 -316.67 823.33

FED HOME LOAN BANK
-2,976.67
50573 4,000,000.00 -160,040.00

1.610
09/04/2024 3,893,626.11 44,082.87
-115,957.13
100 3,839,960.00 9,583.24 -106,373.89

FED HOME LOAN BANK
53,666.11
50546 735,000.00 -25,761.75

0.570
09/24/2025 720,989.22 11,161.46
-14,600.29
100 709,238.25 589.51 -14,010.78

FED HOME LOAN MTG CORP
11,750.97
50549 2,000,000.00 -91,092.00

0.800
10/28/2026 1,940,717.90 30,203.34
-60,888.66
100 1,908,908.00 1,606.56 -59,282.10

FED HOME LOAN MTG CORP
31,809.90
50552 3,000,000.00 -223,050.00

0.800
10/28/2026 2,850,805.83 69,812.63
-153,237.37
100 2,776,950.00 4,043.20 -149,194.17

FED HOME LOAN MTG CORP
73,855.83
Portfolio CITY
AC
Run Date: 05/02/2024 - 16:48 AS (PRF_ASW) 7.3.11
Report Ver. 7.3.11
Packet Pg. 27
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024) Original Premium
or Discount
Maturity Date
Current Rate
September 1, 2023 - September 30, 2023
Beginning Par Value
Ending
Book Value
Amount Amortized
Fund Amort. Date This Period
Amortization Schedule Page 2

0.800
10/27/2026 2,826,922.12 79,027.42
-177,772.58
100 2,743,200.00 4,694.70 -173,077.88

FED HOME LOAN MTG CORP
83,722.12
50559 3,000,000.00 -20,400.00

3.100
06/28/2024 2,992,435.00 11,985.00
-8,415.00
100 2,979,600.00 850.00 -7,565.00

FED HOME LOAN MTG CORP
12,835.00
50570 2,000,000.00 4,100.00

5.500
12/16/2025 2,003,018.06 -968.06
3,131.94
100 2,004,100.00 -113.88 3,018.06

FED HOME LOAN MTG CORP
-1,081.94
50519 5,000,000.00 2,129.00

0.500
11/07/2025 5,000,931.44 -1,160.60
968.40
100 5,002,129.00 -36.96 931.44

FEDERAL NATL MTG ASSN
-1,197.56
50564 3,000,000.00 -20,250.00

4.125
08/28/2025 2,986,900.42 6,578.39
-13,671.61
100 2,979,750.00 572.03 -13,099.58

FEDERAL NATL MTG ASSN
7,150.42
50566 3,000,000.00 -274,560.00

0.625
04/22/2025 2,829,614.87 95,063.36
-179,496.64
100 2,725,440.00 9,111.51 -170,385.13

FEDERAL NATL MTG ASSN
104,174.87
Subtotal -1,121,684.75 42,028,505.51 381,347.25 33,843.01 -740,337.50
41,613,315.25 415,190.26 -706,494.49
Treasury Coupon Securities
50522 5,000,000.00 -53,125.00

0.500
02/28/2026 4,974,354.45 26,606.16
-26,518.84
100 4,946,875.00 873.29 -25,645.55

TREASURY NOTE
27,479.45
50523 5,000,000.00 -73,437.50

0.500
02/28/2026 4,964,412.30 36,637.96
-36,799.54
100 4,926,562.50 1,211.84 -35,587.70

TREASURY NOTE
37,849.80
50527 2,000,000.00 -16,250.00

0.750
03/31/2026 1,991,883.90 7,866.92
-8,383.08
100 1,983,750.00 266.98 -8,116.10

TREASURY NOTE
8,133.90
50530 5,000,000.00 -25,000.00

0.750
04/30/2026 4,987,010.48 11,596.80
-13,403.20
100 4,975,000.00 413.68 -12,989.52

TREASURY NOTE
12,010.48
50534 5,000,000.00 -21,875.00

0.750
08/31/2026 4,987,241.58 8,757.19
-13,117.81
100 4,978,125.00 359.39 -12,758.42

TREASURY NOTE
9,116.58
50536 5,000,000.00 -56,250.00

0.750
08/31/2026 4,966,681.73 21,993.19
-34,256.81
100 4,943,750.00 938.54 -33,318.27

TREASURY NOTE
22,931.73
50541 3,000,000.00 -18,867.19

1.250
12/31/2026 2,987,701.62 6,257.98
-12,609.21
100 2,981,132.81 310.83 -12,298.38

TREASURY NOTE
6,568.81
Subtotal -264,804.69 29,859,286.06 119,716.20 4,374.55
-145,088.49
29,735,195.31 124,090.75 -140,713.94
Municipal Bonds
50512 1,870,000.00 27,414.20

1.221
09/01/2025 1,881,669.22 -15,237.63
12,176.57
100 1,897,414.20 -507.35 11,669.22

FULLERTON REDEVELOPMENT
-15,744.98
Subtotal 27,414.20 1,881,669.22 -15,237.63 -507.35
12,176.57
1,897,414.20 -15,744.98 11,669.22
Portfolio CITY
AC
Run Date: 05/02/2024 - 16:48 AS (PRF_ASW) 7.3.11
Report Ver. 7.3.11
Packet Pg. 28
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024) Original Premium
or Discount
Maturity Date
Current Rate
September 1, 2023 - September 30, 2023
Beginning Par Value
Ending
Book Value
Amount Amortized
Fund Amort. Date This Period
Amortization Schedule Page 3

CITY OF REDDING
Amounts Amortized
And Unamortized
As of 09/01/2023
Amt Amortized
Through 09/30/2023
Amount Unamortized
Through 09/30/2023
Investment #
Issuer
Purchase
Principal
238,726.07 99,279,185.43 -573,216.14 8,675.50
-334,490.07
Total 99,843,726.07 -564,540.64 -325,814.57
Portfolio CITY
AC
Run Date: 05/02/2024 - 16:48 AS (PRF_ASW) 7.3.11
Report Ver. 7.3.11
Packet Pg. 29
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024) Packet Pg. 30
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024)

Page 1 ends

September 30, 2023
Interest Earnings Summary
September 30Month Ending Fiscal Year To Date
Portfolio Management

CITY OF REDDING ENTITIES
CD/Coupon/Discount Investments:

Interest Collected 0.00
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period

0.00 ( 0.00)

0.00 0.00
( 0.00)
Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period
Adjusted by Capital Gains or Losses
Earnings during Periods

0.00 0.00

0.00 0.00
Pass Through Securities:

Interest Collected 0.00
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period

0.00 ( 0.00)

0.00 0.00

0.00 0.00
Cash/Checking Accounts:

Interest Collected 1,259.87
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period
60,679.58
( 42,973.86)
57,917.34
60,679.58
( 56,542.74)
Interest Earned during Period 18,965.59 62,054.18
Total Interest Earned during Period
Total Capital Gains or Losses
Total Earnings during Period
18,965.59

0.00 62,054.18

0.00 18,965.59 62,054.18
Portfolio ENTY
CP
Run Date: 05/10/2024 - 14:41 PM (PRF_PM6) 7.3.11
Report Ver. 7.3.11
Packet Pg. 31
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024)

Page 1 ends

CITY OF REDDING ENTITIES
Number
of Investments
Purchased
Number
of Investments
Redeemed
Yield to Maturity
September 2022 7 8,864,656.30 1.183 1.200 0.000 0 0 1 1 October 2022 7 8,896,739.43 1.289 1.307 0.000 0 0 1 1
November 2022 7 8,650,538.12 1.538 1.560 0.000 0 0 1 1
December 2022 7 9,356,531.33 1.475 1.496 0.000 0 0 1 1
January 2023 8 9,541,879.98 1.918 1.945 0.000 1 0 1 1
February 2023 8 9,582,454.67 2.043 2.071 0.000 0 0 1 1
March 2023 8 9,527,732.76 2.201 2.231 0.000 0 0 1 1
April 2023 8 9,455,553.26 2.251 2.282 0.000 0 0 1 1
May 2023 8 10,153,765.38 2.212 2.242 0.000 0 0 1 1
June 2023 8 9,833,667.42 2.387 2.420 0.000 0 0 1 1
July 2023 8 10,265,149.97 2.418 2.451 0.000 0 0 1 1
August 2023 8 8,428,358.46 2.681 2.718 0.000 0 0 1 1
September 2023 8 9,251,795.92 2.385 2.418 0.000 0 0 1 1 Average 8 9,369,909.46 1.999% 2.026% 0.000 0 0 1 1
Portfolio ENTY
CP
Run Date: 05/10/2024 - 14:41 PM (PRF_PM4) 7.3.11
Report Ver. 7.3.11
Packet Pg. 32
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024)

Page 1 ends

Stated
Rate
Transaction
Date
September 1, 2023 through September 30, 2023
Activity By Type
Balance
Beginning
Balance
Ending
Portfolio Management

CITY OF REDDING ENTITIES
CUSIP Investment # Issuer
Purchases
or Deposits
Redemptions
or Withdrawals
FSS Escrow Account (Monthly Summary)
9442 5201 US BANK FSS ESCROW 0.010 9,211.94 25,722.33
Subtotal 252,967.98 9,211.94 25,722.33 236,457.59
Successor Agency MM Account (Monthly Summary)
SYS6002 6002 US BANK SUCCESSOR AGENCY 0.850 435,537.46 88.30 Subtotal 134,443.10 435,537.46 88.30 569,892.26
LAIF - Local Agency Investment Fund
SYS7000 7000 Local Agency Inv Fund RABA 3.534 0.00 600,000.00 Subtotal 6,236,310.57 0.00 600,000.00 5,636,310.57
Overnight Sweeps & DDA Accounts
SYS5002 5002 US BANK HOUSING AUTHORITY 0.600 1,490,110.52 1,197,583.32 SYS 7002 7002 US BANK RABA 0.600 1,254,659.58 542,688.09 Subtotal 1,804,636.81 2,744,770.10 1,740,271.41 2,809,135.50 Total 8,428,358.46 3,189,519.50 2,366,082.04 9,251,795.92 Portfolio ENTY
CP
Run Date: 05/10/2024 - 14:41 PM (PRF_PM3) 7.3.11
Packet Pg. 33 Report Ver. 7.3.11
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024) YTM
365

Page 1 ends

Par Value Book Value
Maturity
Date
Stated
Market Value Rate
September 30, 2023
Portfolio Details - Investments
Average
Balance Issuer
Portfolio Management

CITY OF REDDING ENTITIES
Days to
CUSIP Investment # Moody's Maturity
Purchase
Date
FSS Escrow Account
9442 5201 US BANK FSS ESCROW 236,457.59 236,457.59 236,457.59 0.010 0.010 1 Subtotal and Average 252,417.63 236,457.59 236,457.59 236,457.59 0.010 1 Successor Agency MM Account
SYS6002 6002 US BANK SUCCESSOR AGENCY 569,892.26 569,892.26 569,892.26 0.850 0.850 1 Subtotal and Average 148,958.07 569,892.26 569,892.26 569,892.26 0.850 1 LAIF - Local Agency Investment Fund
SYS6000 6000 LAIF - COR - Successor to RRA 04/01/2013 4,027,186.39 4,027,186.39 4,027,186.39 3.534 3.583 1 SYS7000 7000 Local Agency Inv Fund RABA 04/01/2013 618,788.24 618,788.24 618,788.24 3.534 3.583 1 SYS5000 5000 Local Agency Inv Fund Housing 04/01/2013 990,335.94 990,335.94 990,335.94 3.534 3.583 1 Subtotal and Average 6,016,310.57 5,636,310.57 5,636,310.57 5,636,310.57 3.583 1 Overnight Sweeps & DDA Accounts
SYS 7003 Cornerstone Bank RABA Punch 01/01/2023 10.00 10.00 10.00 0.000 1 SYS5002 5002 US BANK HOUSING AUTHORITY 07/01/2019 1,748,995.67 1,748,995.67 1,748,995.67 0.600 0.600 1 SYS 7002 7002 US BANK RABA 07/01/2019 1,060,129.83 1,060,129.83 1,060,129.83 0.600 0.600 1 Subtotal and Average 1,838,120.10 2,809,135.50 2,809,135.50 2,809,135.50 0.600 1 Total and Average 8,255,806.38 9,251,795.92 9,251,795.92 9,251,795.92 2.418 1 Portfolio ENTY
CP
Run Date: 05/10/2024 - 14:41 PM (PRF_PM2) 7.3.11
Report Ver. 7.3.11 Packet Pg. 34
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024)

CITY OF REDDING ENTITIES
Interest Earnings

CITY OF REDDING ENTITIES
Received Interest

CITY OF REDDING
Treasurer's Office
777 Cypress Ave
Redding, Redding, CA 96001
Sorted by Security Type (530)225-4199
Received September 1, 2023 - September 30, 2023
Security
Type
Current
Rate
Par
Value Date Received Amount Received
Interest
Security Type CUSIP Investment #
Cash Accounts
FSS Escrow Account 9442 5201 PA1 252,967.98 0.010 09/30/2023 30.47 Subtotal 30.47
Successor Agency MM Account SYS6002 6002 PA2 134,443.10 0.850 09/30/2023 63.10 Subtotal 63.10
Overnight Sweeps & DDA Accounts SYS5002 5002 RR2 1,456,468.47 0.600 09/30/2023 842.21 SYS 7002 7002 RR2 348,158.34 0.600 09/30/2023 324.09
Subtotal 1,166.30
Total 1,259.87
Portfolio ENTY
CP
Run Date: 05/10/2024 - 14:46 RI (PRF_RI) 7.3.11
Report Ver. 7.3.11
Packet Pg. 36
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024) $1,660 $1,293 $2,377 $2,795 $2,578 $3,333 $4,398 $5,415 $7,009 $9,885 $8,896 $8,747 $9,469 $10,484 $11,737 $14,946 $15,449 $18,214 $17,633 $18,979 $19,437 $19,160 $20,392 $18,966 $0
$5,000
$10,000
$15,000
$20,000
$25,000
City of Redding, Entities
Earnings History $8,897,650 $8,864,656 $8,896,739 $8,650,538 $9,356,531 $9,541,880 $9,582,455 $9,527,733 $9,455,553 $10,153,765 $9,833,667 $10,265,150 $8,428,358 $9,251,796 $0
$2,000,000
$4,000,000
$6,000,000
$8,000,000
$10,000,000
$12,000,000
City of Redding, Entities
Book Value History
Packet Pg. 37
Attachment: Treasurer's Report FY 2023-2024 Q1 (4(c)--Treasurer's Report - March 2024) Demand Deposit Accounts FY 2023-2024 QTR 1 FY 2023-2024 QTR 2 US Bank
General Account 18,654,861.55 15,517,015.28
Imprest Retirement Contributions 100.00 100.00
Treasurer Credit Card 78,113.46 43,072.65
Utility Credit Card 330,908.42 211,353.40
Library Merchant Account 475.21 633.96
DDA Account (Included in Investment Accounts)* (19,537,823.07) (17,028,627.69) Total Demand Deposit Accounts $ (1,256,452.40) (473,364.43) $ Investment Accounts
*DDA Account 19,537,823.07 17,028,627.69
Certificates of Deposit 3,000,000.00 3,000,000.00
California Asset Management Fund 53,373,689.24 74,205,418.15 Local Agency Investment Fund - City 1,004,203.79 1,036,848.99 Treasury Coupon Securities 29,859,286.06 29,872,701.34
Commercial Paper - Medium Term Notes 25,509,724.64 25,422,620.51 Federal Agency Coupon Securities 133,053,505.51 127,155,161.19 Money Market Accounts 3,908,512.25 3,942,300.70
Municipal Bonds 1,881,669.22 1,880,147.14
Total Investments at Historical Cost $ 283,543,825.71 271,128,413.78 $ Accrued Purchased Interest (0.00) (0.00)
Total Accrued Purchased Interest $ (0.00) (0.00) $
TOTAL TREASURER'S ACCOUNTABILITY 270,655,049.35 $ 282,287,373.31 $

TREASURER'S REPORT
OCTOBER, NOVEMBER, DECEMBER 2023
Packet Pg. 38
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024) FY 2023-2024 QTR 1 FY 2023-2024 QTR 2

SUCCESSOR AGENCY FOR REDDING REDEVELOPMENT
US Bank RRA Account 569,892.26 588,776.99
Subtotal Demand Deposit Accounts $ 588,776.99 569,892.26 $ Trust Accounts
US Bank - Trustee
Market Street Project Series 2003 - -
SHASTEC Project Series 2006 5,632.00 -
Subtotal Trust Accounts $ - 5,632.00 $
Investment Accounts
Local Agency Investment Fund 4,027,186.39 4,066,215.65
Subtotal Investment Accounts $ 4,066,215.65 4,027,186.39 $ Total Redding Redevelopment Agency $ 4,654,992.64 4,602,710.65 $ US Bank
Housing Checking Account 1,748,995.67 1,826,246.00
FSS Escrow Account 236,457.59 214,620.38
Subtotal Demand Deposit Accounts $ 2,040,866.38 1,985,453.26 $ Investment Accounts
Local Agency Investment Fund 990,335.94 999,266.39
Subtotal Investment Accounts $ 999,266.39 990,335.94 $
Total Housing Authority $ 3,040,132.77 2,975,789.20 $
US Bank Checking Account 1,060,129.83 1,490,484.95
Cornerstone Bank - Designated Veterans Punch Cards 10.00 6,216.10 Subtotal Demand Deposit Accounts $ 1,496,701.05 1,060,139.83 $ Investment Accounts
Local Agency Investment Fund 618,788.24 629,131.15
Subtotal Investment Accounts $ 629,131.15 618,788.24 $
Total Redding Area Bus Authority $ 2,125,832.20 1,678,928.07 $ TOTAL FUNDS OF RELATED ENTITIES 9,257,427.92 $ 9,820,957.61 $ (Includes RRA Trust Accounts)
TOTAL JPFA FUNDS HELD IN TRUST 1,199,045.38 $ 7,169.91 $ TOTAL CITY OF REDDING FUNDS 270,655,049.35 $ 282,287,373.31 $

GRAND TOTAL CITY OF REDDING FUNDS, FUNDS
HELD IN TRUST & FUNDS OF RELATED ENTITIES 281,111,522.65 $ 292,115,500.83 $

REDDING AREA BUS AUTHORITY

HOUSING AUTHORITY

RELATED ENTITIES
- 3 - Packet Pg. 39
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024) FY 2023-2024 QTR 1 FY 2023-2024 QTR 2
2013 Capital Projects - Series B and Series C
Revenue Fund 0.10 0.14
Interest Fund 204,859.30 544.91
Principal Fund 565,000.00 1,496.07
Rebate Fund - -
$ 2,041.12 769,859.40 $
2015 Electric - Held in Trust - Series A
Revenue Fund - -
Interest Fund 757.26 853.33
Principal Fund 2,098.81 14.48
$ 2,856.07 $ 867.81
2017 Electric Refunding - Series A
Interest Fund 1,085.35 1,157.09
Principal Fund 4,524.33 32.18
Surplus Fund - -
$ 5,609.68 $ 1,189.27
2018 Electric Refunding- Series A
Interest Fund 708.09 754.81
Prinicipal Fund 2,954.25 21.01
Surplus Fund - -
$ 3,662.34 $ 775.82
2019 Capital Projects - Series A
Revenue Fund 13.07 17.89
Interest Fund 411,394.39 1,090.21
Principal Fund 2.23 3.05
Acquisition Fund - -
2039 A Term - Sinking AC - -
2044 A Term - Sinking AC - -
$ 411,409.69 $ 1,111.15
2020 Wastewater System - Series A & B
Debt Service Fund - -
Interest Fund 1,080.78 1,153.24
Principal Fund 4,567.42 31.50
Surplus Fund - -
Refunding Fund - -
$ 5,648.20 $ 1,184.74
Total Funds Held in Trust $ 1,199,045.38 $ 7,169.91

REDDING JOINT POWERS FINANCING AUTHORITY

US BANK - TRUSTEE
- 2 - Packet Pg. 40
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024) December 2023
These graphs depict investment activity from October 1, 2023 through December 31, 2023. Investment activity during this period included the maturity of two Federal Agency Coupons and transfers between CAMP and the general account to accommodate cash flow needs. Portfolio yield, as depicted in the line graph, shows a consistent increase in both the city’s monthly and yearly yields. 2 Yr and 5 Yr Treasury Markets have been declining since October 2023.

The effects of this investment activity on portfolio diversification, as depicted in the pie chart, was a decrease of 4.23 in Federal Agency Coupons and a decrease of 1.2 in the DDA Account, which is primarily offset by an increase of 6.47 points in CAMP.

Portfolio Liquidity as noted in the bar graph indicates the majority of liquidity in the current year due to 2023/24 maturities. Current year increased by 2.63 points, while subsequent years decreased respectively.
*Inclusive of Demand Deposit Accounts
$0
$20,000,000
$40,000,000
$60,000,000
$80,000,000
$100,000,000
$120,000,000
2023/24 2024/25 2025/26 2026/27 2027/28 2028/29

42.22%

14.82%

25.61%

16.29%

1.06%

0.00%
Maturities by Fiscal Year
at December 31, 2023

1.250

1.500

1.750

2.000

2.250

2.500

2.750

3.000

3.250

3.500

3.750

4.000

4.250

4.500

4.750

5.000

5.250

5.500

5.750

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
YIELD %
Monthly Yield Comparisons Year Ended December 31, 2023
Monthly Rate of Return Fiscal Yr Rate of Return 2-Yr Treasury 5-Yr Treasury LAIF CAMP
C.D.s

1.06%
CAMP

26.16%
LAIF

0.37%
Treasury
Coupon
Securities

10.54%
Medium Term
Notes

8.97%
Federal
Agency
Coupons

44.84%
Money Market

1.39%
Municipal
Bonds

0.66%
DDA

4.42%
Investments by Type at December 31, 2023
Packet Pg. 41
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024) Packet Pg. 42
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024)

Page 1 ends

December 31, 2023
Interest Earnings Summary
December 31Month Ending Fiscal Year To Date
Portfolio Management

CITY OF REDDING
CD/Coupon/Discount Investments:

Interest Collected 363,840.75
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period
843,963.97
( 898,662.88)
1,876,657.52
843,963.97
( 853,878.32)
Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period
Adjusted by Premiums and Discounts
Adjusted by Capital Gains or Losses
Earnings during Periods
309,141.84
8,947.97

0.00 1,866,743.17
52,762.85

0.00 318,089.81 1,919,506.02
Pass Through Securities:

Interest Collected 0.00
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period

0.00 ( 0.00)

0.00 0.00

0.00 0.00
Cash/Checking Accounts:

Interest Collected 336,653.32
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period
358,062.66
( 323,370.93)
2,070,073.62
358,062.66
( 558,798.55)
Interest Earned during Period 371,345.05 1,869,337.73
Total Interest Earned during Period
Total Adjustments from Premiums and Discounts
Total Capital Gains or Losses
Total Earnings during Period
680,486.89
8,947.97

0.00 3,736,080.90
52,762.85

0.00 689,434.86 3,788,843.75
Portfolio CITY
AC
Run Date: 05/06/2024 - 15:19 PM (PRF_PM6) 7.3.11
Report Ver. 7.3.11 Packet Pg. 43
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024)

Page 1 ends

December 2022 through December 2023
Activity Summary
Month
Portfolio Management
End Year
Number of
Securities
Total
Invested
360
Equivalent
365
Equivalent
Managed
Pool
Rate
Average
Term
Average
Days to Maturity

CITY OF REDDING
Number
of Investments
Purchased
Number
of Investments
Redeemed
Yield to Maturity
December 2022 63 271,028,298.50 1.933 1.959 0.000 3 1 1,103 752 January 2023 63 291,386,902.66 1.935 1.962 0.000 1 2 996 665 February 2023 61 291,359,716.55 1.973 2.000 0.000 0 1 971 623 March 2023 60 287,501,970.26 2.040 2.068 0.000 0 0 983 611 April 2023 61 286,300,240.74 2.112 2.142 0.000 1 0 994 600 May 2023 61 282,425,731.52 2.067 2.095 0.000 0 0 1,008 587 June 2023 62 294,320,518.75 2.631 2.668 0.000 1 0 967 544 July 2023 62 270,815,984.45 2.516 2.551 0.000 0 0 1,051 569 August 2023 62 273,694,345.98 2.537 2.573 0.000 0 0 1,040 541 September 2023 62 271,128,413.78 2.591 2.627 0.000 0 0 1,050 525 October 2023 62 275,326,800.21 2.658 2.695 0.000 0 0 1,034 495 November 2023 62 286,405,619.03 2.844 2.883 0.000 0 0 994 456 December 2023 62 283,543,825.71 2.801 2.840 0.000 0 2 994 440 Average 62 281,941,412.93 2.357% 2.390% 0.000 0 0 1,014 570 Portfolio CITY
AC
Run Date: 05/06/2024 - 15:19 PM (PRF_PM4) 7.3.11
Report Ver. 7.3.11
Packet Pg. 44
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024)

Page 1 ends

Stated
Rate
Transaction
Date
December 1, 2023 through December 31, 2023
Activity By Type
Balance
Portfolio Management

CITY OF REDDING
CUSIP Investment # Issuer
Purchases
or Deposits
Redemptions
or Withdrawals
Certificates of Deposit - Bank
Subtotal 3,000,000.00
California Asset Management Fund (Monthly Summary)
9999 9999 PFM 5.550 665,368.35 317,094.68
Subtotal 665,368.35 317,094.68 74,205,418.15
Medium Term Notes
Subtotal 25,422,620.51
Federal Agency Coupon Securities
3130ASKB4 50560 FED HOME LOAN BANK 3.350 12/29/2023 0.00 4,000,000.00 3130AU2Q6 50571 FED HOME LOAN BANK 5.000 12/19/2023 0.00 2,000,000.00 Subtotal 0.00 6,000,000.00 127,155,161.19
Treasury Coupon Securities
Subtotal 29,872,701.34
Municipal Bonds
Subtotal 1,880,147.14
LAIF - Local Agency Investment Fund
Subtotal 1,036,848.99
Overnight Sweeps & DDA Accounts
USB 9400 910 US BANK 0.750 34,565,944.70 31,796,798.88
Subtotal 34,565,944.70 31,796,798.88 17,028,627.69
Investment Money Market Accounts
SYS606 606 FIVE STAR BANK 3.843 11,839.22 0.00
Subtotal 11,839.22 0.00 3,942,300.70
Total 35,243,152.27 38,113,893.56 283,543,825.71
Portfolio CITY
AC
Run Date: 05/06/2024 - 15:19 PM (PRF_PM3) 7.3.11
Report Ver. 7.3.11
Packet Pg. 45
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024) YTM
360

Page 1 ends

Par Value Book Value
Maturity
Date
Stated
Market Value Rate
December 31, 2023
Portfolio Details - Investments
Average
Balance Issuer
Portfolio Management

CITY OF REDDING
Days to
CUSIP Investment # S&P Maturity
Purchase
Date
Certificates of Deposit - Bank
SYS 30031 50514 REDDING BANK OF COMMERCE 09/24/2020 3,000,000.00 3,000,000.00 3,000,000.00 1.000 A 1.000 632 09/24/2025 Subtotal and Average 3,000,000.00 3,000,000.00 3,000,000.00 3,000,000.00 1.000 632 California Asset Management Fund
9999 9999 PFM 74,205,418.15 74,205,418.15 74,205,418.15 5.550 5.474 1 Subtotal and Average 73,868,379.11 74,205,418.15 74,205,418.15 74,205,418.15 5.474 1 Medium Term Notes
037833BZ2 50543 APPLE 01/21/2022 5,000,000.00 4,678,450.00 5,088,215.06 2.450 AAA 1.677 946 08/04/2026 06406HCS6 50504 Bank of NY Mellon 03/17/2020 5,000,000.00 4,954,550.00 5,007,007.36 3.650 A 2.023 34 02/04/2024 24422EUE7 50505 BANK OF AMERICA 03/17/2020 5,000,000.00 4,868,900.00 5,102,062.12 3.450 A 1.647 437 03/13/2025 594918BJ2 50515 MICROSOFT 11/20/2020 5,000,000.00 4,825,050.00 5,220,709.98 3.125 AA 0.670 672 11/03/2025 89114QCK2 50513 Toronto Dominion Bank 09/15/2020 2,500,000.00 2,278,175.00 2,502,077.77 0.750 A 0.690 619 09/11/2025 91159HHG8 50508 US BANK T & C 03/23/2020 2,500,000.00 2,476,100.00 2,502,548.22 3.700 AA 2.308 29 01/30/2024 Subtotal and Average 25,436,204.10 25,000,000.00 24,081,225.00 25,422,620.51 1.497 486 Federal Agency Coupon Securities
3133EM6E7 50535 FEDERAL FARM CREDIT BANK 09/28/2021 5,000,000.00 4,447,150.00 5,000,000.00 0.940 AA 0.927 1,001 09/28/2026 3133ENDC1 50538 FEDERAL FARM CREDIT BANK 11/03/2021 2,000,000.00 1,800,780.00 2,000,000.00 1.330 AAA 1.312 1,037 11/03/2026 3133ENLY4 50544 FEDERAL FARM CREDIT BANK 01/25/2022 3,000,000.00 2,946,540.00 3,000,000.00 1.040 AAA 1.026 24 01/25/2024 3133ENMQ0 50547 FEDERAL FARM CREDIT BANK 02/04/2022 3,000,000.00 2,831,370.00 2,995,967.38 1.310 AAA 1.417 399 02/03/2025 3133ENMZ0 50548 FEDERAL FARM CREDIT BANK 02/04/2022 3,000,000.00 2,925,150.00 2,999,610.27 1.200 AAA 1.235 93 04/03/2024 3133ENQV5 50550 FEDERAL FARM CREDIT BANK 03/10/2022 5,000,000.00 4,747,300.00 5,000,000.00 1.870 AA 1.844 434 03/10/2025 3133ENSZ4 50553 FEDERAL FARM CREDIT BANK 04/01/2022 2,500,000.00 2,333,375.00 2,500,000.00 2.750 AAA 2.712 1,186 04/01/2027 3133EN3M0 50569 FEDERAL FARM CREDIT BANK 12/05/2022 2,000,000.00 1,984,040.00 2,003,711.11 4.625 AAA 4.353 339 12/05/2024 3130AKQ74 50520 FED HOME LOAN BANK 01/22/2021 2,500,000.00 2,255,650.00 2,500,000.00 0.625 AA 0.616 752 01/22/2026 3130AKPN0 50521 FED HOME LOAN BANK 01/29/2021 2,500,000.00 2,260,225.00 2,500,000.00 0.600 AA 0.592 759 01/29/2026 3130ALGJ7 50525 FED HOME LOAN BANK 03/23/2021 4,875,000.00 4,423,233.75 4,875,000.00 1.000 AA 0.986 812 03/23/2026 3130ALDN1 50526 FED HOME LOAN BANK 03/16/2021 5,000,000.00 4,510,900.00 5,000,000.00 0.800 AA 0.789 805 03/16/2026 3130ALXP4 50528 FED HOME LOAN BANK 04/28/2021 2,500,000.00 2,270,925.00 2,500,000.00 1.200 AA 1.184 848 04/28/2026 3130APQB4 50537 FED HOME LOAN BANK 11/23/2021 3,000,000.00 2,711,970.00 3,000,000.00 1.500 AAA 1.479 1,057 11/23/2026 3130APYK5 50540 FED HOME LOAN BANK 12/14/2021 3,000,000.00 2,813,640.00 3,000,000.00 1.150 AAA 1.134 438 03/14/2025 3130ARPB1 50556 FED HOME LOAN BANK 04/28/2022 5,000,000.00 4,763,450.00 5,000,000.00 3.500 AAA 3.452 1,213 04/28/2027 3130ARYA3 50557 FED HOME LOAN BANK 05/26/2022 3,000,000.00 2,889,720.00 3,000,000.00 4.000 AAA 3.945 1,241 05/26/2027 3130ASQP7 50561 FED HOME LOAN BANK 07/28/2022 2,000,000.00 1,959,040.00 2,000,000.00 3.625 AAA 3.575 393 01/28/2025 3130ATAH0 50567 FED HOME LOAN BANK 10/18/2022 4,000,000.00 3,960,080.00 3,992,211.76 3.640 AAA 4.563 74 03/15/2024 3130AQV26 50573 FED HOME LOAN BANK 04/13/2023 4,000,000.00 3,849,560.00 3,922,375.81 1.610 AAA 4.547 247 09/04/2024 3134GWUG9 50546 FED HOME LOAN MTG CORP 02/03/2022 735,000.00 670,415.55 722,757.76 0.570 AAA 1.542 632 09/24/2025 Portfolio CITY
AC
Run Date: 05/06/2024 - 15:19 PM (PRF_PM2) 7.3.11
Report Ver. 7.3.11
Packet Pg. 46
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024) YTM
360

Page 2 ends

Par Value Book Value
Maturity
Date
Stated
Market Value Rate
December 31, 2023
Portfolio Details - Investments
Average
Balance Issuer
Portfolio Management

CITY OF REDDING
Days to
CUSIP Investment # S&P Maturity
Purchase
Date
Federal Agency Coupon Securities
3134GW6C5 50549 FED HOME LOAN MTG CORP 02/07/2022 2,000,000.00 1,768,680.00 1,945,537.59 0.800 AAA 1.785 1,031 10/28/2026 3134GXMT8 50551 FED HOME LOAN MTG CORP 03/25/2022 5,000,000.00 4,770,450.00 5,000,000.00 2.250 AAA 2.219 449 03/25/2025 3134GW6C5 50552 FED HOME LOAN MTG CORP 03/23/2022 3,000,000.00 2,653,020.00 2,862,935.44 0.800 AAA 2.488 1,031 10/28/2026 3134GXQV9 50554 FED HOME LOAN MTG CORP 04/25/2022 4,150,000.00 4,006,742.00 4,150,000.00 3.100 AAA 3.058 480 04/25/2025 3134GW4C7 50555 FED HOME LOAN MTG CORP 04/06/2022 3,000,000.00 2,653,260.00 2,841,006.22 0.800 AAA 2.775 1,030 10/27/2026 3134GXVF8 50558 FED HOME LOAN MTG CORP 06/23/2022 3,000,000.00 2,909,130.00 3,000,000.00 3.000 AAA 2.959 357 12/23/2024 3134GXYE8 50559 FED HOME LOAN MTG CORP 06/28/2022 3,000,000.00 2,941,380.00 2,994,985.00 3.100 AAA 3.407 179 06/28/2024 3134GXH56 50562 FED HOME LOAN MTG CORP 07/28/2022 3,000,000.00 2,932,740.00 3,000,000.00 4.000 AAA 3.947 513 05/28/2025 3134GXR89 50563 FED HOME LOAN MTG CORP 08/25/2022 3,000,000.00 2,910,480.00 3,000,000.00 4.375 AAA 4.315 1,332 08/25/2027 3134GY6H0 50570 FED HOME LOAN MTG CORP 12/16/2022 2,000,000.00 1,984,200.00 2,002,676.39 5.500 AAA 5.351 715 12/16/2025 3136G4S61 50511 FEDERAL NATL MTG ASSN 08/25/2020 5,000,000.00 4,582,750.00 5,000,000.00 0.660 AA 0.651 602 08/25/2025 3135GA3W9 50516 FEDERAL NATL MTG ASSN 11/25/2020 2,500,000.00 2,270,725.00 2,500,000.00 0.600 AA 0.592 694 11/25/2025 3135GA3Z2 50517 FEDERAL NATL MTG ASSN 11/25/2020 2,500,000.00 2,270,725.00 2,500,000.00 0.600 AA 0.592 694 11/25/2025 3135GA5R8 50518 FEDERAL NATL MTG ASSN 12/18/2020 5,000,000.00 4,524,700.00 5,000,000.00 0.625 AA 0.616 717 12/18/2025 3135G06G3 50519 FEDERAL NATL MTG ASSN 01/19/2021 5,000,000.00 4,555,400.00 5,000,820.55 0.500 AA 0.484 676 11/07/2025 3135G06V0 50564 FEDERAL NATL MTG ASSN 09/16/2022 3,000,000.00 2,930,970.00 2,988,616.53 4.125 AAA 4.311 605 08/28/2025 3135G03U5 50566 FEDERAL NATL MTG ASSN 10/18/2022 3,000,000.00 2,794,350.00 2,856,949.38 0.625 AAA 4.459 477 04/22/2025 3135GADU2 50572 FEDERAL NATL MTG ASSN 01/26/2023 3,000,000.00 2,991,960.00 3,000,000.00 5.000 AAA 4.932 25 01/26/2024 Subtotal and Average 131,913,428.92 127,760,000.00 119,806,176.30 127,155,161.19 2.265 649 Treasury Coupon Securities
91282CBQ3 50522 TREASURY NOTE 03/01/2021 5,000,000.00 4,514,450.00 4,977,032.53 0.500 0.707 789 02/28/2026 91282CBQ3 50523 TREASURY NOTE 03/08/2021 5,000,000.00 4,514,450.00 4,968,128.61 0.500 0.791 789 02/28/2026 91282CBT7 50527 TREASURY NOTE 03/31/2021 2,000,000.00 1,815,160.00 1,992,702.63 0.750 0.904 820 03/31/2026 91282CBW0 50530 TREASURY NOTE 05/13/2021 5,000,000.00 4,521,900.00 4,988,279.10 0.750 0.841 850 04/30/2026 91282CCW9 50534 TREASURY NOTE 08/31/2021 5,000,000.00 4,476,350.00 4,988,343.72 0.750 0.828 973 08/31/2026 91282CCW9 50536 TREASURY NOTE 09/28/2021 5,000,000.00 4,476,350.00 4,969,559.93 0.750 0.971 973 08/31/2026 91282CDQ1 50541 TREASURY NOTE 01/05/2022 3,000,000.00 2,705,640.00 2,988,654.82 1.250 1.362 1,095 12/31/2026 Subtotal and Average 29,870,514.06 30,000,000.00 27,024,300.00 29,872,701.34 0.886 893 Municipal Bonds
35981VAZ3 50512 FULLERTON REDEVELOPMENT AGENCY 09/02/2020 1,870,000.00 1,719,483.70 1,880,147.14 1.221 AA 0.907 609 09/01/2025 Subtotal and Average 1,880,384.46 1,870,000.00 1,719,483.70 1,880,147.14 0.907 609 LAIF - Local Agency Investment Fund
1000 601 STATE OF CALIF POOL 04/01/2013 1,036,848.99 1,036,848.99 1,036,848.99 3.929 3.929 1 Subtotal and Average 1,036,848.99 1,036,848.99 1,036,848.99 1,036,848.99 3.929 1 Portfolio CITY
AC
Run Date: 05/06/2024 - 15:19 PM (PRF_PM2) 7.3.11
Packet Pg. 47
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024) YTM
360

Page 3 ends

Par Value Book Value
Maturity
Date
Stated
Market Value Rate
December 31, 2023
Portfolio Details - Investments
Average
Balance Issuer
Portfolio Management

CITY OF REDDING
Days to
CUSIP Investment # S&P Maturity
Purchase
Date
Overnight Sweeps & DDA Accounts
USB 9400 910 US BANK 07/01/2019 17,028,627.69 17,028,627.69 17,028,627.69 0.750 0.740 1 Subtotal and Average 14,348,809.15 17,028,627.69 17,028,627.69 17,028,627.69 0.740 1 Investment Money Market Accounts
SYS609 609 CORNERSTONE BANK 08/01/2013 250,000.00 250,000.00 250,000.00 1.000 0.986 1 SYS606 606 FIVE STAR BANK 06/30/2013 3,692,300.70 3,692,300.70 3,692,300.70 3.843 3.790 1 SYS608 608 FIVE STAR BANK 06/30/2013 0.00 0.00 0.00 2.624 2.588 1 Subtotal and Average 3,930,843.39 3,942,300.70 3,942,300.70 3,942,300.70 3.613 1 Total and Average 285,285,412.18 283,843,195.53 271,844,380.53 283,543,825.71 2.801 440 Portfolio CITY
AC
Run Date: 05/06/2024 - 15:19 PM (PRF_PM2) 7.3.11
Packet Pg. 48
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024) $156,675 $184,522 $213,099 $251,756 $275,058 $309,504 $316,853 $352,099 $373,208 $408,714 $425,626 $454,200 $449,647 $495,689 $496,627 $495,338 $550,793 $648,731 $587,700 $590,507 $611,491 $660,980 $689,435 $0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
City of Redding
Earnings History $274,165,551 $271,028,299 $291,386,903 $291,359,717 $287,501,970 $286,300,241 $282,425,732 $294,320,519 $270,815,984 $273,694,346 $271,128,414 $275,326,800 $286,405,619 $283,543,826 $255,000,000
$260,000,000
$265,000,000
$270,000,000
$275,000,000
$280,000,000
$285,000,000
$290,000,000
$295,000,000
$300,000,000
City of Redding
Book Value History
Packet Pg. 49
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024)

CITY OF REDDING
Received Interest

CITY OF REDDING
Treasurer's Office
777 Cypress Ave
Redding, Redding, CA 96001
Sorted by Issuer (530)225-4199
Received December 1, 2023 - December 31, 2023
Security
Type
Current
Rate
Par
Value Date Due Date Received Amount Due Amount Received Variance Interest
Issuer CUSIP Investment #
FEDERAL FARM CREDIT BANK 3133EN3M0 50569 FAC 2,000,000.00 4.625 12/05/2023 12/05/2023 46,250.00 46,250.00 - Subtotal 46,250.00 46,250.00
FED HOME LOAN BANK 3130APYK5 50540 FAC 3,000,000.00 1.150 12/14/2023 12/14/2023 17,250.00 17,250.00 - 3130AU2Q6 50571 FAC 0.00 5.000 12/19/2023 12/19/2023 50,000.00 50,000.00 - 3130ASKB4 50560 FAC 0.00 3.350 12/29/2023 12/29/2023 67,000.00 67,000.00 - Subtotal 134,250.00 134,250.00
FED HOME LOAN MTG CORP 3134GY6H0 50570 FAC 2,000,000.00 5.500 12/16/2023 12/16/2023 55,000.00 55,000.00 - 3134GXVF8 50558 FAC 3,000,000.00 3.000 12/23/2023 12/23/2023 45,000.00 45,000.00 - 3134GXYE8 50559 FAC 3,000,000.00 3.100 12/28/2023 12/28/2023 46,500.00 46,500.00 - Subtotal 146,500.00 146,500.00
FEDERAL NATL MTG ASSN 3135GA5R8 50518 FAC 5,000,000.00 0.625 12/18/2023 12/18/2023 15,625.00 15,625.00 - Subtotal 15,625.00 15,625.00
REDDING BANK OF COMMERCE SYS 30031 50514 BCD 3,000,000.00 1.000 12/24/2023 12/24/2023 2,500.00 2,465.75 -34.25 Subtotal 2,500.00 2,465.75
TREASURY NOTE 91282CDQ1 50541 TRC 3,000,000.00 1.250 12/31/2023 12/31/2023 18,750.00 18,750.00 - Subtotal 18,750.00 18,750.00
Total 363,875.00 363,840.75
Total Cash Overpayment 0.00
Total Cash Shortfall -34.25
Portfolio CITY
AC
Run Date: 05/06/2024 - 15:18 RI (PRF_RI) 7.3.11
Report Ver. 7.3.11 Packet Pg. 50
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024) Security
Type
Current
Rate
Par
Value

Page 2 ends

Date Received Amount Received
Interest
Issuer
Received December 1, 2023 - December 31, 2023
Received Interest

CITY OF REDDING
CUSIP Investment #
Cash Accounts
PFM 9999 9999 PA1 73,857,144.48 5.550 12/01/2023 317,094.68 Subtotal 317,094.68
CORNERSTONE BANK SYS609 609 RR4 250,000.00 1.000 12/31/2023 212.33 Subtotal 212.33
FIVE STAR BANK SYS606 606 RR4 3,680,461.48 3.843 12/31/2023 11,839.22 Subtotal 11,839.22
US BANK USB 9400 910 RR3 14,259,481.87 0.750 12/31/2023 7,507.09 Subtotal 7,507.09
Total 336,653.32
Portfolio CITY
AC
Run Date: 05/06/2024 - 15:18 RI (PRF_RI) 7.3.11
Report Ver. 7.3.11 Packet Pg. 51
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024)

CITY OF REDDING
Interest Earnings

CITY OF REDDING
Treasurer's Office
777 Cypress Ave
Redding, Redding, CA 96001
Sorted by Fund - Fund (530)225-4199
December 1, 2023 - December 31, 2023
Yield on Beginning Book Value
Maturity
Date
Current
Rate
Ending
Par Value
Security Ending
Fund Type Book Value
Beginning
Book Value
Adjusted Interest Earnings
Accretion
Amortization/
Earnings
Annualized Adjusted Interest
CUSIP Investment # Yield
Interest
Earned
Fund: OTHER
9999 9999 050 PA1 74,205,418.15 73,857,144.48 74,205,418.15 5.550 5.552 348,273.67 0.00 348,273.67 1000 601 050 RRP 1,036,848.99 1,036,848.99 1,036,848.99 3.929 3.989 3,512.74 0.00 3,512.74 SYS606 606 050 RR4 3,692,300.70 3,680,461.48 3,692,300.70 3.843 3.787 11,839.22 0.00 11,839.22 SYS609 609 050 RR4 250,000.00 250,000.00 250,000.00 1.000 1.000 212.33 0.00 212.33 USB 9400 910 050 RR3 17,028,627.69 14,259,481.87 17,028,627.69 0.750 0.620 7,507.09 0.00 7,507.09 Subtotal 96,213,195.53 93,083,936.82 96,213,195.53 4.697 371,345.05 0.00 371,345.05 Fund: POOLED CASH
91282CDQ1 50541 100 TRC 3,000,000.00 2,988,333.63 2,988,654.82 12/31/2026 1.250 1.372 3,160.09 321.19 3,481.28 91282CCW9 50534 100 TRC 5,000,000.00 4,987,972.34 4,988,343.72 08/31/2026 0.750 0.842 3,193.68 371.38 3,565.06 91282CBQ3 50523 100 TRC 5,000,000.00 4,966,876.38 4,968,128.61 02/28/2026 0.500 0.802 2,129.12 1,252.23 3,381.35 91282CBT7 50527 100 TRC 2,000,000.00 1,992,426.75 1,992,702.63 03/31/2026 0.750 0.914 1,270.50 275.88 1,546.38 91282CBQ3 50522 100 TRC 5,000,000.00 4,976,130.14 4,977,032.53 02/28/2026 0.500 0.717 2,129.12 902.39 3,031.51 91282CBW0 50530 100 TRC 5,000,000.00 4,987,851.63 4,988,279.10 04/30/2026 0.750 0.855 3,193.68 427.47 3,621.15 91282CCW9 50536 100 TRC 5,000,000.00 4,968,590.10 4,969,559.93 08/31/2026 0.750 0.987 3,193.68 969.83 4,163.51 24422EUE7 50505 100 MTN 5,000,000.00 5,109,149.77 5,102,062.12 03/13/2025 3.450 1.679 14,375.00 -7,087.65 7,287.35 SYS 30031 50514 100 BCD 3,000,000.00 3,000,000.00 3,000,000.00 09/24/2025 1.000 1.014 2,583.33 0.00 2,583.33 3135G06G3 50519 100 FAC 5,000,000.00 5,000,857.51 5,000,820.55 11/07/2025 0.500 0.482 2,083.33 -36.96 2,046.37 3135GA3Z2 50517 100 FAC 2,500,000.00 2,500,000.00 2,500,000.00 11/25/2025 0.600 0.589 1,250.00 0.00 1,250.00 3135GA5R8 50518 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 12/18/2025 0.625 0.613 2,604.16 0.00 2,604.16 3136G4S61 50511 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 08/25/2025 0.660 0.648 2,750.00 0.00 2,750.00 3135GA3W9 50516 100 FAC 2,500,000.00 2,500,000.00 2,500,000.00 11/25/2025 0.600 0.589 1,250.00 0.00 1,250.00 3135GADU2 50572 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 01/26/2024 5.000 4.906 12,500.00 0.00 12,500.00 3135G06V0 50564 100 FAC 3,000,000.00 2,988,044.49 2,988,616.53 08/28/2025 4.125 4.289 10,312.50 572.04 10,884.54 3135G03U5 50566 100 FAC 3,000,000.00 2,847,837.88 2,856,949.38 04/22/2025 0.625 4.413 1,562.50 9,111.50 10,674.00 3130APYK5 50540 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 03/14/2025 1.150 1.128 2,875.00 0.00 2,875.00 3130ASKB4 50560 100 FAC 0.00 4,000,000.00 0.00 12/29/2023 3.350 3.397 10,422.22 0.00 10,422.22 3130AQV26 50573 100 FAC 4,000,000.00 3,912,792.57 3,922,375.81 09/04/2024 1.610 4.499 5,366.67 9,583.24 14,949.91 3130AU2Q6 50571 100 FAC 0.00 2,000,190.00 0.00 12/19/2023 5.000 4.876 5,000.00 -190.00 4,810.00 3130ATAH0 50567 100 FAC 4,000,000.00 3,989,054.36 3,992,211.76 03/15/2024 3.640 4.513 12,133.33 3,157.40 15,290.73 3130ARYA3 50557 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 05/26/2027 4.000 3.925 10,000.00 0.00 10,000.00 3130ASQP7 50561 100 FAC 2,000,000.00 2,000,000.00 2,000,000.00 01/28/2025 3.625 3.557 6,041.67 0.00 6,041.67 Portfolio CITY
AC
Run Date: 05/06/2024 - 15:32 IE (PRF_IE) 7.3.11
Report Ver. 7.3.11 Packet Pg. 52
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024) Maturity
Date
Current
Rate
Ending
Par Value
Security Ending
Fund Type

Page 2 ends

Book Value
Beginning
Book Value
Adjusted Interest Earnings
Accretion
Amortization/
Earnings
Adjusted Interest
December 1, 2023 - December 31, 2023
Interest Earnings

CITY OF REDDING
Annualized
CUSIP Investment # Yield
Interest
Earned
Fund: POOLED CASH
3130ARPB1 50556 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 04/28/2027 3.500 3.434 14,583.33 0.00 14,583.33 3130APQB4 50537 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 11/23/2026 1.500 1.472 3,750.00 0.00 3,750.00 3130ALGJ7 50525 100 FAC 4,875,000.00 4,875,000.00 4,875,000.00 03/23/2026 1.000 0.981 4,062.50 0.00 4,062.50 3130AKPN0 50521 100 FAC 2,500,000.00 2,500,000.00 2,500,000.00 01/29/2026 0.600 0.589 1,250.00 0.00 1,250.00 3130AKQ74 50520 100 FAC 2,500,000.00 2,500,000.00 2,500,000.00 01/22/2026 0.625 0.613 1,302.08 0.00 1,302.08 3130ALDN1 50526 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 03/16/2026 0.800 0.785 3,333.34 0.00 3,333.34 3130ALXP4 50528 100 FAC 2,500,000.00 2,500,000.00 2,500,000.00 04/28/2026 1.200 1.177 2,500.00 0.00 2,500.00 3133ENSZ4 50553 100 FAC 2,500,000.00 2,500,000.00 2,500,000.00 04/01/2027 2.750 2.698 5,729.17 0.00 5,729.17 3133EN3M0 50569 100 FAC 2,000,000.00 2,004,044.44 2,003,711.11 12/05/2024 4.625 4.333 7,708.34 -333.33 7,375.01 3133ENDC1 50538 100 FAC 2,000,000.00 2,000,000.00 2,000,000.00 11/03/2026 1.330 1.305 2,216.67 0.00 2,216.67 3133ENQV5 50550 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 03/10/2025 1.870 1.835 7,791.67 0.00 7,791.67 3133EM6E7 50535 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 09/28/2026 0.940 0.922 3,916.67 0.00 3,916.67 3133ENMZ0 50548 100 FAC 3,000,000.00 2,999,483.18 2,999,610.27 04/03/2024 1.200 1.228 3,000.00 127.09 3,127.09 3133ENLY4 50544 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 01/25/2024 1.040 1.020 2,600.00 0.00 2,600.00 3133ENMQ0 50547 100 FAC 3,000,000.00 2,995,658.76 2,995,967.38 02/03/2025 1.310 1.409 3,275.00 308.62 3,583.62 3134GW6C5 50549 100 FAC 2,000,000.00 1,943,931.03 1,945,537.59 10/28/2026 0.800 1.781 1,333.33 1,606.56 2,939.89 3134GXH56 50562 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 05/28/2025 4.000 3.925 10,000.00 0.00 10,000.00 3134GY6H0 50570 100 FAC 2,000,000.00 2,002,790.28 2,002,676.39 12/16/2025 5.500 5.322 9,166.66 -113.89 9,052.77 3134GXR89 50563 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 08/25/2027 4.375 4.293 10,937.50 0.00 10,937.50 3134GXYE8 50559 100 FAC 3,000,000.00 2,994,135.00 2,994,985.00 06/28/2024 3.100 3.382 7,750.00 850.00 8,600.00 3134GXVF8 50558 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 12/23/2024 3.000 2.944 7,500.00 0.00 7,500.00 3134GWUG9 50546 100 FAC 735,000.00 722,168.25 722,757.76 09/24/2025 0.570 1.530 349.13 589.51 938.64 3134GW4C7 50555 100 FAC 3,000,000.00 2,836,311.52 2,841,006.22 10/27/2026 0.800 2.779 2,000.00 4,694.70 6,694.70 3134GXQV9 50554 100 FAC 4,150,000.00 4,150,000.00 4,150,000.00 04/25/2025 3.100 3.042 10,720.83 0.00 10,720.83 3134GW6C5 50552 100 FAC 3,000,000.00 2,858,892.24 2,862,935.44 10/28/2026 0.800 2.489 2,000.00 4,043.20 6,043.20 3134GXMT8 50551 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 03/25/2025 2.250 2.208 9,375.00 0.00 9,375.00 91159HHG8 50508 100 MTN 2,500,000.00 2,505,184.30 2,502,548.22 01/30/2024 3.700 2.384 7,708.33 -2,636.08 5,072.25 594918BJ2 50515 100 MTN 5,000,000.00 5,230,711.95 5,220,709.98 11/03/2025 3.125 0.680 13,020.83 -10,001.97 3,018.86 037833BZ2 50543 100 MTN 5,000,000.00 5,091,051.56 5,088,215.06 08/04/2026 2.450 1.705 10,208.33 -2,836.50 7,371.83 06406HCS6 50504 100 MTN 5,000,000.00 5,013,377.69 5,007,007.36 02/04/2024 3.650 2.076 15,208.33 -6,370.33 8,838.00 89114QCK2 50513 100 MTN 2,500,000.00 2,502,179.96 2,502,077.77 09/11/2025 0.750 0.687 1,562.50 -102.19 1,460.31 35981VAZ3 50512 100 MUN 1,870,000.00 1,880,654.50 1,880,147.14 09/01/2025 1.221 0.874 1,902.72 -507.36 1,395.36 Subtotal 187,630,000.00 193,321,682.21 187,330,630.18 1.950 309,141.84 8,947.97 318,089.81 Total 283,843,195.53 286,405,619.03 283,543,825.71 2.846 680,486.89 8,947.97 689,434.86 Portfolio CITY
AC
Run Date: 05/06/2024 - 15:32 IE (PRF_IE) 7.3.11
Report Ver. 7.3.11 Packet Pg. 53
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024)

CITY OF REDDING
Amortization Schedule

CITY OF REDDING
Treasurer's Office
777 Cypress Ave
Redding, Redding, CA 96001
December 1, 2023 - December 31, 2023 (530)225-4199
Sorted By Security Type - Fund
Original Premium
or Discount
Maturity Date
Current Rate
Beginning Par Value
Ending
Book Value
Amount Amortized
Fund Amort. Date This Period
Amounts Amortized
And Unamortized
As of 12/01/2023
Amt Amortized
Through 12/31/2023
Amount Unamortized
Through 12/31/2023
Investment #
Issuer
Purchase
Principal
Medium Term Notes
50543 5,000,000.00 154,400.00

2.450
08/04/2026 5,088,215.06 -63,348.44
91,051.56
100 5,154,400.00 -2,836.50 88,215.06
APPLE
-66,184.94
50504 5,000,000.00 296,645.00

3.650
02/04/2024 5,007,007.36 -283,267.31
13,377.69
100 5,296,645.00 -6,370.33 7,007.36
Bank of NY Mellon
-289,637.64
50505 5,000,000.00 424,313.81

3.450
03/13/2025 5,102,062.12 -315,164.04
109,149.77
100 5,424,313.81 -7,087.65 102,062.12

BANK OF AMERICA
-322,251.69
50515 5,000,000.00 594,450.00

3.125
11/03/2025 5,220,709.98 -363,738.05
230,711.95
100 5,594,450.00 -10,001.97 220,709.98

MICROSOFT
-373,740.02
50513 2,500,000.00 6,117.50

0.750
09/11/2025 2,502,077.77 -3,937.54
2,179.96
100 2,506,117.50 -102.19 2,077.77
Toronto Dominion Bank
-4,039.73
50508 2,500,000.00 121,875.00

3.700
01/30/2024 2,502,548.22 -116,690.70
5,184.30
100 2,621,875.00 -2,636.08 2,548.22

US BANK T & C
-119,326.78
Subtotal 1,597,801.31 25,422,620.51 -1,146,146.08 -29,034.72 451,655.23
26,597,801.31 -1,175,180.80 422,620.51
Federal Agency Coupon Securities
50547 3,000,000.00 -11,100.00

1.310
02/03/2025 2,995,967.38 6,758.76
-4,341.24
100 2,988,900.00 308.62 -4,032.62

FEDERAL FARM CREDIT BANK
7,067.38
50548 3,000,000.00 -3,300.00

1.200
04/03/2024 2,999,610.27 2,783.18
-516.82
100 2,996,700.00 127.09 -389.73

FEDERAL FARM CREDIT BANK
2,910.27
50569 2,000,000.00 8,000.00

4.625
12/05/2024 2,003,711.11 -3,955.56
4,044.44
100 2,008,000.00 -333.33 3,711.11

FEDERAL FARM CREDIT BANK
-4,288.89
50567 4,000,000.00 -53,360.00

3.640
03/15/2024 3,992,211.76 42,414.36
-10,945.64
100 3,946,640.00 3,157.40 -7,788.24

FED HOME LOAN BANK
45,571.76
50571 2,000,000.00 3,800.00

5.000
12/19/2023 0.00 -3,610.00
190.00
100 2,003,800.00 -190.00 0.00

FED HOME LOAN BANK
-3,800.00
50573 4,000,000.00 -160,040.00

1.610
09/04/2024 3,922,375.81 72,832.57
-87,207.43
100 3,839,960.00 9,583.24 -77,624.19

FED HOME LOAN BANK
82,415.81
50546 735,000.00 -25,761.75

0.570
09/24/2025 722,757.76 12,930.00
-12,831.75
100 709,238.25 589.51 -12,242.24

FED HOME LOAN MTG CORP
13,519.51
50549 2,000,000.00 -91,092.00

0.800
10/28/2026 1,945,537.59 35,023.03
-56,068.97
100 1,908,908.00 1,606.56 -54,462.41

FED HOME LOAN MTG CORP
36,629.59
50552 3,000,000.00 -223,050.00

0.800
10/28/2026 2,862,935.44 81,942.24
-141,107.76
100 2,776,950.00 4,043.20 -137,064.56

FED HOME LOAN MTG CORP
85,985.44
50555 3,000,000.00 -256,800.00

0.800
10/27/2026 2,841,006.22 93,111.52
-163,688.48
100 2,743,200.00 4,694.70 -158,993.78

FED HOME LOAN MTG CORP
97,806.22
Portfolio CITY
AC
Run Date: 05/06/2024 - 15:30 AS (PRF_ASW) 7.3.11
Report Ver. 7.3.11 Packet Pg. 54
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024) Original Premium
or Discount
Maturity Date
Current Rate
December 1, 2023 - December 31, 2023
Beginning Par Value
Ending
Book Value
Amount Amortized
Fund Amort. Date This Period
Amortization Schedule Page 2

CITY OF REDDING
Amounts Amortized
And Unamortized
As of 12/01/2023
Amt Amortized
Through 12/31/2023
Amount Unamortized
Through 12/31/2023
Investment #
Issuer
Purchase
Principal
Federal Agency Coupon Securities
50559 3,000,000.00 -20,400.00

3.100
06/28/2024 2,994,985.00 14,535.00
-5,865.00
100 2,979,600.00 850.00 -5,015.00

FED HOME LOAN MTG CORP
15,385.00
50570 2,000,000.00 4,100.00

5.500
12/16/2025 2,002,676.39 -1,309.72
2,790.28
100 2,004,100.00 -113.89 2,676.39

FED HOME LOAN MTG CORP
-1,423.61
50519 5,000,000.00 2,129.00

0.500
11/07/2025 5,000,820.55 -1,271.49
857.51
100 5,002,129.00 -36.96 820.55

FEDERAL NATL MTG ASSN
-1,308.45
50564 3,000,000.00 -20,250.00

4.125
08/28/2025 2,988,616.53 8,294.49
-11,955.51
100 2,979,750.00 572.04 -11,383.47

FEDERAL NATL MTG ASSN
8,866.53
50566 3,000,000.00 -274,560.00

0.625
04/22/2025 2,856,949.38 122,397.88
-152,162.12
100 2,725,440.00 9,111.50 -143,050.62

FEDERAL NATL MTG ASSN
131,509.38
Subtotal -1,121,684.75 40,130,161.19 482,876.26 33,969.68 -638,808.49
41,613,315.25 516,845.94 -604,838.81
Treasury Coupon Securities
50522 5,000,000.00 -53,125.00

0.500
02/28/2026 4,977,032.53 29,255.14
-23,869.86
100 4,946,875.00 902.39 -22,967.47

TREASURY NOTE
30,157.53
50523 5,000,000.00 -73,437.50

0.500
02/28/2026 4,968,128.61 40,313.88
-33,123.62
100 4,926,562.50 1,252.23 -31,871.39

TREASURY NOTE
41,566.11
50527 2,000,000.00 -16,250.00

0.750
03/31/2026 1,992,702.63 8,676.75
-7,573.25
100 1,983,750.00 275.88 -7,297.37

TREASURY NOTE
8,952.63
50530 5,000,000.00 -25,000.00

0.750
04/30/2026 4,988,279.10 12,851.63
-12,148.37
100 4,975,000.00 427.47 -11,720.90

TREASURY NOTE
13,279.10
50534 5,000,000.00 -21,875.00

0.750
08/31/2026 4,988,343.72 9,847.34
-12,027.66
100 4,978,125.00 371.38 -11,656.28

TREASURY NOTE
10,218.72
50536 5,000,000.00 -56,250.00

0.750
08/31/2026 4,969,559.93 24,840.10
-31,409.90
100 4,943,750.00 969.83 -30,440.07

TREASURY NOTE
25,809.93
50541 3,000,000.00 -18,867.19

1.250
12/31/2026 2,988,654.82 7,200.82
-11,666.37
100 2,981,132.81 321.19 -11,345.18

TREASURY NOTE
7,522.01
Subtotal -264,804.69 29,872,701.34 132,985.66 4,520.37
-131,819.03
29,735,195.31 137,506.03 -127,298.66
Municipal Bonds
50512 1,870,000.00 27,414.20

1.221
09/01/2025 1,880,147.14 -16,759.70
10,654.50
100 1,897,414.20 -507.36 10,147.14

FULLERTON REDEVELOPMENT
-17,267.06
Subtotal 27,414.20 1,880,147.14 -16,759.70 -507.36
10,654.50
1,897,414.20 -17,267.06 10,147.14
238,726.07 97,305,630.18 -547,043.86 8,947.97
-308,317.79
Total 99,843,726.07 -538,095.89 -299,369.82
Portfolio CITY
AC
Run Date: 05/06/2024 - 15:30 AS (PRF_ASW) 7.3.11
Report Ver. 7.3.11 Packet Pg. 55
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024) Packet Pg. 56
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024)

Page 1 ends

December 31, 2023
Interest Earnings Summary
December 31Month Ending Fiscal Year To Date
Portfolio Management

CITY OF REDDING ENTITIES
CD/Coupon/Discount Investments:

Interest Collected 0.00
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period

0.00 ( 0.00)

0.00 0.00
( 0.00)
Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period
Adjusted by Capital Gains or Losses
Earnings during Periods

0.00 0.00

0.00 0.00
Pass Through Securities:

Interest Collected 0.00
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period

0.00 ( 0.00)

0.00 0.00

0.00 0.00
Cash/Checking Accounts:

Interest Collected 1,441.01
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period
59,587.47
( 40,256.47)
120,511.50
59,587.47
( 56,542.74)
Interest Earned during Period 20,772.01 123,556.23
Total Interest Earned during Period
Total Capital Gains or Losses
Total Earnings during Period
20,772.01

0.00 123,556.23

0.00 20,772.01 123,556.23
Portfolio ENTY
CP
Run Date: 05/10/2024 - 16:15 PM (PRF_PM6) 7.3.11
Report Ver. 7.3.11
Packet Pg. 57
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024)

Page 1 ends

CITY OF REDDING ENTITIES
Number
of Investments
Purchased
Number
of Investments
Redeemed
Yield to Maturity
December 2022 7 9,356,531.33 1.475 1.496 0.000 0 0 1 1
January 2023 8 9,541,879.98 1.918 1.945 0.000 1 0 1 1
February 2023 8 9,582,454.67 2.043 2.071 0.000 0 0 1 1
March 2023 8 9,527,732.76 2.201 2.231 0.000 0 0 1 1
April 2023 8 9,455,553.26 2.251 2.282 0.000 0 0 1 1
May 2023 8 10,153,765.38 2.212 2.242 0.000 0 0 1 1
June 2023 8 9,833,667.42 2.387 2.420 0.000 0 0 1 1
July 2023 8 10,265,149.97 2.418 2.451 0.000 0 0 1 1
August 2023 8 8,428,358.46 2.681 2.718 0.000 0 0 1 1
September 2023 8 9,251,795.92 2.385 2.418 0.000 0 0 1 1 October 2023 8 9,447,318.50 2.447 2.481 0.000 0 0 1 1
November 2023 8 9,523,869.35 2.535 2.570 0.000 0 0 1 1
December 2023 8 9,820,957.61 2.529 2.564 0.000 0 0 1 1
Average 8 9,553,002.66 2.268% 2.299% 0.000 0 0 1 1
Portfolio ENTY
CP
Run Date: 05/10/2024 - 16:15 PM (PRF_PM4) 7.3.11
Report Ver. 7.3.11
Packet Pg. 58
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024)

Page 1 ends

Stated
Rate
Transaction
Date
December 1, 2023 through December 31, 2023
Activity By Type
Balance
Beginning
Balance
Ending
Portfolio Management

CITY OF REDDING ENTITIES
CUSIP Investment # Issuer
Purchases
or Deposits
Redemptions
or Withdrawals
FSS Escrow Account (Monthly Summary)
9442 5201 US BANK FSS ESCROW 0.010 7,506.30 43,805.23
Subtotal 250,919.31 7,506.30 43,805.23 214,620.38
Successor Agency MM Account (Monthly Summary)
SYS6002 6002 US BANK SUCCESSOR AGENCY 0.850 7,378.38 81.48 Subtotal 581,480.09 7,378.38 81.48 588,776.99
LAIF - Local Agency Investment Fund
Subtotal 5,694,613.19 5,694,613.19
Overnight Sweeps & DDA Accounts
SYS5002 5002 US BANK HOUSING AUTHORITY 0.600 1,102,700.90 1,070,910.08 SYS 7002 7002 US BANK RABA 0.600 839,832.12 545,532.65
Subtotal 2,996,856.76 1,942,533.02 1,616,442.73 3,322,947.05 Total 9,523,869.35 1,957,417.70 1,660,329.44 9,820,957.61 Portfolio ENTY
CP
Run Date: 05/10/2024 - 16:15 PM (PRF_PM3) 7.3.11
Packet Pg. 59 Report Ver. 7.3.11
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024) YTM
365

Page 1 ends

Par Value Book Value
Maturity
Date
Stated
Market Value Rate
December 31, 2023
Portfolio Details - Investments
Average
Balance Issuer
Portfolio Management

CITY OF REDDING ENTITIES
Days to
CUSIP Investment # Moody's Maturity
Purchase
Date
FSS Escrow Account
9442 5201 US BANK FSS ESCROW 214,620.38 214,620.38 214,620.38 0.010 0.010 1 Subtotal and Average 249,748.38 214,620.38 214,620.38 214,620.38 0.010 1 Successor Agency MM Account
SYS6002 6002 US BANK SUCCESSOR AGENCY 588,776.99 588,776.99 588,776.99 0.850 0.850 1 Subtotal and Average 581,715.47 588,776.99 588,776.99 588,776.99 0.850 1 LAIF - Local Agency Investment Fund
SYS6000 6000 LAIF - COR - Successor to RRA 04/01/2013 4,066,215.65 4,066,215.65 4,066,215.65 3.929 3.984 1 SYS7000 7000 Local Agency Inv Fund RABA 04/01/2013 629,131.15 629,131.15 629,131.15 3.929 3.984 1 SYS5000 5000 Local Agency Inv Fund Housing 04/01/2013 999,266.39 999,266.39 999,266.39 3.929 3.984 1 Subtotal and Average 5,694,613.19 5,694,613.19 5,694,613.19 5,694,613.19 3.984 1 Overnight Sweeps & DDA Accounts
SYS 7003 Cornerstone Bank RABA Punch 01/01/2023 6,216.10 6,216.10 6,216.10 0.000 1 SYS5002 5002 US BANK HOUSING AUTHORITY 07/01/2019 1,826,246.00 1,826,246.00 1,826,246.00 0.600 0.600 1 SYS 7002 7002 US BANK RABA 07/01/2019 1,490,484.95 1,490,484.95 1,490,484.95 0.600 0.600 1 Subtotal and Average 3,007,375.80 3,322,947.05 3,322,947.05 3,322,947.05 0.599 1 Total and Average 9,533,452.84 9,820,957.61 9,820,957.61 9,820,957.61 2.564 1 Portfolio ENTY
CP
Run Date: 05/10/2024 - 16:15 PM (PRF_PM2) 7.3.11
Report Ver. 7.3.11 Packet Pg. 60
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024)

CITY OF REDDING ENTITIES
Interest Earnings

CITY OF REDDING ENTITIES
Received Interest

CITY OF REDDING
Treasurer's Office
777 Cypress Ave
Redding, Redding, CA 96001
Sorted by Security Type (530)225-4199
Received December 1, 2023 - December 31, 2023
Security
Type
Current
Rate
Par
Value Date Received Amount Received
Interest
Security Type CUSIP Investment #
Cash Accounts
FSS Escrow Account 9442 5201 PA1 250,919.31 0.010 12/31/2023 18.15 Subtotal 18.15
Successor Agency MM Account SYS6002 6002 PA2 581,480.09 0.850 12/31/2023 49.92 Subtotal 49.92
Overnight Sweeps & DDA Accounts SYS5002 5002 RR2 1,794,455.18 0.600 12/31/2023 812.32 SYS 7002 7002 RR2 1,196,185.48 0.600 12/31/2023 560.62
Subtotal 1,372.94
Total 1,441.01
Portfolio ENTY
CP
Run Date: 05/10/2024 - 16:19 RI (PRF_RI) 7.3.11
Report Ver. 7.3.11
Packet Pg. 62
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024) $2,795 $2,578 $3,333 $4,398 $5,415 $7,009 $9,885 $8,896 $8,747 $9,469 $10,484 $11,737 $14,946 $15,449 $18,214 $17,633 $18,979 $19,437 $19,160 $20,392 $18,966 $20,674 $20,056 $20,772 $0
$5,000
$10,000
$15,000
$20,000
$25,000
City of Redding, Entities
Earnings History $8,650,538 $9,356,531 $9,541,880 $9,582,455 $9,527,733 $9,455,553 $10,153,765 $9,833,667 $10,265,150 $8,428,358 $9,251,796 $9,447,319 $9,523,869 $9,820,958 $0
$2,000,000
$4,000,000
$6,000,000
$8,000,000
$10,000,000
$12,000,000
City of Redding, Entities
Book Value History
Packet Pg. 63
Attachment: Treasurer's Report FY 2023-2024 Q2 (4(c)--Treasurer's Report - March 2024) Demand Deposit Accounts FY 2023-2024 QTR 2 FY 2023-2024 QTR 3 US Bank
General Account 15,517,015.28 11,208,574.66
Imprest Retirement Contributions 100.00 851,939.09
Treasurer Credit Card 43,072.65 29,153.61
Utility Credit Card 211,353.40 323,725.09
Library Merchant Account 633.96 651.49
DDA Account (Included in Investment Accounts)* (17,028,627.69) (13,319,850.29) Total Demand Deposit Accounts $ (1,256,452.40) $ (905,806.35) Investment Accounts
*DDA Account 17,028,627.69 13,319,850.29
Certificates of Deposit 3,000,000.00 3,000,000.00
California Asset Management Fund 74,205,418.15 104,998,064.32 Local Agency Investment Fund - City 1,036,848.99 1,047,234.66 Treasury Coupon Securities 29,872,701.34 29,885,970.78
Commercial Paper - Medium Term Notes 25,422,620.51 17,852,980.05 Federal Agency Coupon Securities 127,155,161.19 125,232,794.90 Money Market Accounts 3,942,300.70 3,979,321.69
Municipal Bonds 1,880,147.14 1,878,625.07
Total Investments at Historical Cost $ 283,543,825.71 $ 301,194,841.76 Accrued Purchased Interest (0.00) (2,430.56)
Total Accrued Purchased Interest $ (0.00) $ (2,430.56)
TOTAL TREASURER'S ACCOUNTABILITY $ 282,287,373.31 $ 300,286,604.85

TREASURER'S REPORT
JANUARY, FEBRUARY, MARCH 2024
Packet Pg. 64
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024) - 2 -
FY 2023-2024 QTR 2 FY 2023-2024 QTR 3
2013 Capital Projects - Series B and Series C
Revenue Fund 0.14 -
Interest Fund 544.91 192,563.33
Principal Fund 1,496.07 5.71
Rebate Fund - -
$ 2,041.12 $ 192,569.04
2015 Electric - Held in Trust - Series A
Revenue Fund - -
Interest Fund 853.33 863.57
Principal Fund 14.48 14.66
$ 867.81 $ 878.23
2017 Electric Refunding - Series A
Interest Fund 1,157.09 1,171.41
Principal Fund 32.18 32.59
Surplus Fund - -
$ 1,189.27 $ 1,204.00
2018 Electric Refunding- Series A
Interest Fund 754.81 764.16
Prinicipal Fund 21.01 21.27
Surplus Fund - -
$ 775.82 $ 785.43
2019 Capital Projects - Series A
Revenue Fund 17.89 0.07
Interest Fund 1,090.21 411,397.91
Principal Fund 3.05 1,155,000.01
Acquisition Fund - -
2039 A Term - Sinking AC - -
2044 A Term - Sinking AC - -
$ 1,111.15 $ 1,566,397.99
2020 Wastewater System - Series A & B
Debt Service Fund - -
Interest Fund 1,153.24 1,167.08
Principal Fund 31.50 31.88
Surplus Fund - -
Refunding Fund - -
$ 1,184.74 $ 1,198.96
Total Funds Held in Trust $ 7,169.91 $ 1,763,033.65

REDDING JOINT POWERS FINANCING AUTHORITY

US BANK - TRUSTEE
Packet Pg. 65
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024) - 3 -
FY 2023-2024 QTR 2 FY 2023-2024 QTR 3

SUCCESSOR AGENCY FOR REDDING REDEVELOPMENT
US Bank RRA Account 588,776.99 980,150.06
Subtotal Demand Deposit Accounts $ 588,776.99 $ 980,150.06 Trust Accounts
US Bank - Trustee
Market Street Project Series 2003 - -
SHASTEC Project Series 2006 - -
Subtotal Trust Accounts $ - $ -
Investment Accounts
Local Agency Investment Fund 4,066,215.65 4,107,061.95
Subtotal Investment Accounts $ 4,066,215.65 $ 4,107,061.95 Total Redding Redevelopment Agency $ 4,654,992.64 $ 5,087,212.01 US Bank
Housing Checking Account 1,826,246.00 3,236,497.54
FSS Escrow Account 214,620.38 175,834.94
Subtotal Demand Deposit Accounts $ 2,040,866.38 $ 3,412,332.48 Investment Accounts
Local Agency Investment Fund 999,266.39 1,009,305.17
Subtotal Investment Accounts $ 999,266.39 $ 1,009,305.17 Total Housing Authority $ 3,040,132.77 $ 4,421,637.65
US Bank Checking Account 1,490,484.95 2,935,273.03
Cornerstone Bank - Designated Veterans Punch Cards 6,216.10 6,216.10 Subtotal Demand Deposit Accounts $ 1,496,701.05 $ 2,941,489.13 Investment Accounts
Local Agency Investment Fund 629,131.15 635,445.31
Subtotal Investment Accounts $ 629,131.15 $ 635,445.31
Total Redding Area Bus Authority $ 2,125,832.20 $ 3,576,934.44 TOTAL FUNDS OF RELATED ENTITIES $ 9,820,957.61 $ 13,085,784.10 (Includes RRA Trust Accounts)
TOTAL JPFA FUNDS HELD IN TRUST $ 7,169.91 $ 1,763,033.65 TOTAL CITY OF REDDING FUNDS $ 282,287,373.31 $ 300,286,604.85

GRAND TOTAL CITY OF REDDING FUNDS, FUNDS
HELD IN TRUST & FUNDS OF RELATED ENTITIES $ 292,115,500.83 $ 315,135,422.60

REDDING AREA BUS AUTHORITY

HOUSING AUTHORITY

RELATED ENTITIES
Packet Pg. 66
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024) March 2024
These graphs depict investment activity from January 1, 2024 through March 31, 2024. Investment activity during this period included the maturity of two Federal Agency Coupons, and two Medium Term Notes totaling $17.5 million in maturities. Additionally two Federal Agency Coupons were purchased in the amount of $8 million and transfers between CAMP and the general account were made to accommodate cash flow needs. Portfolio yield, as depicted in the line graph, shows a slight increase in both the city’s monthly and yearly yields with a decline in monthly yield in March. 2Yr and 5Yr Treasury Markets have been slightly increasing since January 2024.

The effects of this investment activity on portfolio diversification, as depicted in the pie chart, was a decrease of 3.26 in Federal Agency Coupons, a decrease of 1.59 in the DDA Account, and a decrease to Medium Term Notes of 3.04, which is primarily offset by an increase of

8.71 points in CAMP.

Portfolio Liquidity as noted in the bar graph indicates the majority of liquidity in the current year due to 2023/24 maturities. Maturities shifted into 2028/2029 due to purchases in February 2024
*Inclusive of Demand Deposit Accounts
$0
$20,000,000
$40,000,000
$60,000,000
$80,000,000
$100,000,000
$120,000,000
$140,000,000
2023/24 2024/25 2025/26 2026/27 2027/28 2028/29

42.94%

13.97%

24.10%

15.34%

1.00% 2.65%
Maturities by Fiscal Year
at March 31, 2024

1.500

1.750

2.000

2.250

2.500

2.750

3.000

3.250

3.500

3.750

4.000

4.250

4.500

4.750

5.000

5.250

5.500

5.750

APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR
YIELD %
Monthly Yield Comparisons Year Ended March 31, 2024
Monthly Rate of Return Fiscal Yr Rate of Return 2-Yr Treasury 5-Yr Treasury LAIF CAMP
C.D.s

1.00%
CAMP

34.86%
LAIF

0.35%
Treasury
Coupon
Securities

9.92% Medium Term
Notes

5.93%
Federal
Agency
Coupons

41.58%
Money Market

1.32%
Municipal
Bonds

0.62% DDA

4.42%
Investments by Type at March 31, 2024
Packet Pg. 67
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024) Packet Pg. 68
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024)

Page 1 ends

March 31, 2024
Interest Earnings Summary
March 31Month Ending Fiscal Year To Date
Portfolio Management

CITY OF REDDING
CD/Coupon/Discount Investments:

Interest Collected 383,471.80
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period
574,650.58
( 765,805.98)
2,903,691.94
574,650.58
( 853,878.32)
Less Accrued Interest at Purchase During Period ( 0.00) ( 2,430.56) Interest Earned during Period
Adjusted by Premiums and Discounts
Adjusted by Capital Gains or Losses
Earnings during Periods
192,316.40
16,899.66

0.00 2,622,033.64
96,352.91

0.00 209,216.06 2,718,386.55
Pass Through Securities:

Interest Collected 0.00
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period

0.00 ( 0.00)

0.00 0.00

0.00 0.00
Cash/Checking Accounts:

Interest Collected 450,399.05
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period
475,105.28
( 436,395.94)
3,318,114.66
475,105.28
( 558,798.55)
Interest Earned during Period 489,108.39 3,234,421.39
Total Interest Earned during Period
Total Adjustments from Premiums and Discounts
Total Capital Gains or Losses
Total Earnings during Period
681,424.79
16,899.66

0.00 5,856,455.03
96,352.91

0.00 698,324.45 5,952,807.94
Portfolio CITY
AC
Run Date: 05/09/2024 - 10:50 PM (PRF_PM6) 7.3.11
Report Ver. 7.3.11 Packet Pg. 69
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024)

Page 1 ends

March 2023 through March 2024
Activity Summary
Month
Portfolio Management
End Year
Number of
Securities
Total
Invested
360
Equivalent
365
Equivalent
Managed
Pool
Rate
Average
Term
Average
Days to Maturity

CITY OF REDDING
Number
of Investments
Purchased
Number
of Investments
Redeemed
Yield to Maturity
March 2023 60 287,501,970.26 2.040 2.068 0.000
00 983 611
April 2023 61 286,300,240.74 2.112 2.142 0.000
10 994 600
May 2023 61 282,425,731.52 2.067 2.095 0.000
00 1,008 587
June 2023 62 294,320,518.75 2.631 2.668 0.000
10 967 544
July 2023 62 270,815,984.45 2.516 2.551 0.000
00 1,051 569
August 2023 62 273,694,345.98 2.537 2.573 0.000
00 1,040 541
September 2023 62 271,128,413.78 2.591 2.627 0.000
00 1,050 525
October 2023 62 275,326,800.21 2.658 2.695 0.000
00 1,034 495
November 2023 62 286,405,619.03 2.844 2.883 0.000
00 994 456
December 2023 62 283,543,825.71 2.801 2.840 0.000
02 994 440
January 2024 60 300,991,774.19 2.881 2.921 0.000
03 913 395
February 2024 59 299,120,784.10 3.085 3.128 0.000
21 944 429
March 2024 58 301,194,841.76 3.114 3.158 0.000
01 931 407
Average 61 285,597,757.73 2.606% 2.642% 0.000
01 993 508
Portfolio CITY
AC
Run Date: 05/09/2024 - 10:50 PM (PRF_PM4) 7.3.11
Report Ver. 7.3.11
Packet Pg. 70
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024)

Page 1 ends

Stated
Rate
Transaction
Date
March 1, 2024 through March 31, 2024
Activity By Type
Balance
Portfolio Management

CITY OF REDDING
CUSIP Investment # Issuer
Purchases
or Deposits
Redemptions
or Withdrawals
Certificates of Deposit - Bank
Subtotal 3,000,000.00
California Asset Management Fund (Monthly Summary)
9999 9999 PFM 5.480 8,894,131.58 2,429,619.10
Subtotal 8,894,131.58 2,429,619.10 104,998,064.32
Medium Term Notes
Subtotal 17,852,980.05
Federal Agency Coupon Securities
3130ATAH0 50567 FED HOME LOAN BANK 3.640 03/15/2024 0.00 4,000,000.00 Subtotal 0.00 4,000,000.00 125,232,794.90
Treasury Coupon Securities
Subtotal 29,885,970.78
Municipal Bonds
Subtotal 1,878,625.07
LAIF - Local Agency Investment Fund
Subtotal 1,047,234.66
Overnight Sweeps & DDA Accounts
USB 9400 910 US BANK 0.750 38,390,921.87 38,811,241.50
Subtotal 38,390,921.87 38,811,241.50 13,319,850.29
Investment Money Market Accounts
SYS606 606 FIVE STAR BANK 4.122 12,965.15 0.00
Subtotal 12,965.15 0.00 3,979,321.69
Total 47,298,018.60 45,240,860.60 301,194,841.76
Portfolio CITY
AC
Run Date: 05/09/2024 - 10:50 PM (PRF_PM3) 7.3.11
Report Ver. 7.3.11
Packet Pg. 71
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024) YTM
360

Page 1 ends

Par Value Book Value
Maturity
Date
Stated
Market Value Rate
March 31, 2024
Portfolio Details - Investments
Average
Balance Issuer
Portfolio Management

CITY OF REDDING
Days to
CUSIP Investment # S&P Maturity
Purchase
Date
Certificates of Deposit - Bank
SYS 30031 50514 REDDING BANK OF COMMERCE 09/24/2020 3,000,000.00 3,000,000.00 3,000,000.00 1.000 A 1.000 541 09/24/2025 Subtotal and Average 3,000,000.00 3,000,000.00 3,000,000.00 3,000,000.00 1.000 541 California Asset Management Fund
9999 9999 PFM 104,998,064.32 104,998,064.32 104,998,064.32 5.480 5.405 1 Subtotal and Average 100,096,923.21 104,998,064.32 104,998,064.32 104,998,064.32 5.405 1 Medium Term Notes
037833BZ2 50543 APPLE 01/21/2022 5,000,000.00 4,678,450.00 5,079,705.57 2.450 AAA 1.677 855 08/04/2026 24422EUE7 50505 BANK OF AMERICA 03/17/2020 5,000,000.00 4,868,900.00 5,080,799.18 3.450 A 1.647 346 03/13/2025 594918BJ2 50515 MICROSOFT 11/20/2020 5,000,000.00 4,825,050.00 5,190,704.09 3.125 AA 0.670 581 11/03/2025 89114QCK2 50513 Toronto Dominion Bank 09/15/2020 2,500,000.00 2,278,175.00 2,501,771.21 0.750 A 0.690 528 09/11/2025 Subtotal and Average 17,862,348.13 17,500,000.00 16,650,575.00 17,852,980.05 1.238 585 Federal Agency Coupon Securities
3133EM6E7 50535 FEDERAL FARM CREDIT BANK 09/28/2021 5,000,000.00 4,447,150.00 5,000,000.00 0.940 AA 0.927 910 09/28/2026 3133ENDC1 50538 FEDERAL FARM CREDIT BANK 11/03/2021 2,000,000.00 1,800,780.00 2,000,000.00 1.330 AAA 1.312 946 11/03/2026 3133ENMQ0 50547 FEDERAL FARM CREDIT BANK 02/04/2022 3,000,000.00 2,831,370.00 2,996,893.23 1.310 AAA 1.417 308 02/03/2025 3133ENMZ0 50548 FEDERAL FARM CREDIT BANK 02/04/2022 3,000,000.00 2,925,150.00 2,999,991.53 1.200 AAA 1.235 2 04/03/2024 3133ENQV5 50550 FEDERAL FARM CREDIT BANK 03/10/2022 5,000,000.00 4,747,300.00 5,000,000.00 1.870 AA 1.844 343 03/10/2025 3133ENSZ4 50553 FEDERAL FARM CREDIT BANK 04/01/2022 2,500,000.00 2,333,375.00 2,500,000.00 2.750 AAA 2.712 1,095 04/01/2027 3133EN3M0 50569 FEDERAL FARM CREDIT BANK 12/05/2022 2,000,000.00 1,984,040.00 2,002,711.11 4.625 AAA 4.353 248 12/05/2024 3130AKQ74 50520 FED HOME LOAN BANK 01/22/2021 2,500,000.00 2,255,650.00 2,500,000.00 0.625 AA 0.616 661 01/22/2026 3130AKPN0 50521 FED HOME LOAN BANK 01/29/2021 2,500,000.00 2,260,225.00 2,500,000.00 0.600 AA 0.592 668 01/29/2026 3130ALGJ7 50525 FED HOME LOAN BANK 03/23/2021 4,875,000.00 4,423,233.75 4,875,000.00 1.000 AA 0.986 721 03/23/2026 3130ALDN1 50526 FED HOME LOAN BANK 03/16/2021 5,000,000.00 4,510,900.00 5,000,000.00 0.800 AA 0.789 714 03/16/2026 3130ALXP4 50528 FED HOME LOAN BANK 04/28/2021 2,500,000.00 2,270,925.00 2,500,000.00 1.200 AA 1.184 757 04/28/2026 3130APQB4 50537 FED HOME LOAN BANK 11/23/2021 3,000,000.00 2,711,970.00 3,000,000.00 1.500 AAA 1.479 966 11/23/2026 3130APYK5 50540 FED HOME LOAN BANK 12/14/2021 3,000,000.00 2,813,640.00 3,000,000.00 1.150 AAA 1.134 347 03/14/2025 3130ARPB1 50556 FED HOME LOAN BANK 04/28/2022 5,000,000.00 4,763,450.00 5,000,000.00 3.500 AAA 3.452 1,122 04/28/2027 3130ARYA3 50557 FED HOME LOAN BANK 05/26/2022 3,000,000.00 2,889,720.00 3,000,000.00 4.000 AAA 3.945 1,150 05/26/2027 3130ASQP7 50561 FED HOME LOAN BANK 07/28/2022 2,000,000.00 1,959,040.00 2,000,000.00 3.625 AAA 3.575 302 01/28/2025 3130AQV26 50573 FED HOME LOAN BANK 04/13/2023 4,000,000.00 3,849,560.00 3,951,125.51 1.610 AAA 4.547 156 09/04/2024 3130AYXU5 50574 FED HOME LOAN BANK 02/15/2024 4,000,000.00 4,000,000.00 4,000,000.00 4.450 4.389 1,778 02/12/2029 3134GWUG9 50546 FED HOME LOAN MTG CORP 02/03/2022 735,000.00 670,415.55 724,526.31 0.570 AAA 1.542 541 09/24/2025 3134GW6C5 50549 FED HOME LOAN MTG CORP 02/07/2022 2,000,000.00 1,768,680.00 1,950,357.27 0.800 AAA 1.785 940 10/28/2026 3134GXMT8 50551 FED HOME LOAN MTG CORP 03/25/2022 5,000,000.00 4,770,450.00 5,000,000.00 2.250 AAA 2.219 358 03/25/2025 3134GW6C5 50552 FED HOME LOAN MTG CORP 03/23/2022 3,000,000.00 2,653,020.00 2,875,065.05 0.800 AAA 2.488 940 10/28/2026 Portfolio CITY
AC
Run Date: 05/09/2024 - 10:50 PM (PRF_PM2) 7.3.11
Report Ver. 7.3.11
Packet Pg. 72
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024) YTM
360

Page 2 ends

Par Value Book Value
Maturity
Date
Stated
Market Value Rate
March 31, 2024
Portfolio Details - Investments
Average
Balance Issuer
Portfolio Management

CITY OF REDDING
Days to
CUSIP Investment # S&P Maturity
Purchase
Date
Federal Agency Coupon Securities
3134GXQV9 50554 FED HOME LOAN MTG CORP 04/25/2022 4,150,000.00 4,006,742.00 4,150,000.00 3.100 AAA 3.058 389 04/25/2025 3134GW4C7 50555 FED HOME LOAN MTG CORP 04/06/2022 3,000,000.00 2,653,260.00 2,855,090.31 0.800 AAA 2.775 939 10/27/2026 3134GXVF8 50558 FED HOME LOAN MTG CORP 06/23/2022 3,000,000.00 2,909,130.00 3,000,000.00 3.000 AAA 2.959 266 12/23/2024 3134GXYE8 50559 FED HOME LOAN MTG CORP 06/28/2022 3,000,000.00 2,941,380.00 2,997,535.00 3.100 AAA 3.407 88 06/28/2024 3134GXH56 50562 FED HOME LOAN MTG CORP 07/28/2022 3,000,000.00 2,932,740.00 3,000,000.00 4.000 AAA 3.947 422 05/28/2025 3134GXR89 50563 FED HOME LOAN MTG CORP 08/25/2022 3,000,000.00 2,910,480.00 3,000,000.00 4.375 AAA 4.315 1,241 08/25/2027 3134GY6H0 50570 FED HOME LOAN MTG CORP 12/16/2022 2,000,000.00 1,984,200.00 2,002,334.72 5.500 AAA 5.351 624 12/16/2025 3134H1SK0 50575 FED HOME LOAN MTG CORP 02/14/2024 4,000,000.00 3,976,838.67 3,976,838.67 4.375 4.462 1,775 02/09/2029 3136G4S61 50511 FEDERAL NATL MTG ASSN 08/25/2020 5,000,000.00 4,582,750.00 5,000,000.00 0.660 AA 0.651 511 08/25/2025 3135GA3W9 50516 FEDERAL NATL MTG ASSN 11/25/2020 2,500,000.00 2,270,725.00 2,500,000.00 0.600 AA 0.592 603 11/25/2025 3135GA3Z2 50517 FEDERAL NATL MTG ASSN 11/25/2020 2,500,000.00 2,270,725.00 2,500,000.00 0.600 AA 0.592 603 11/25/2025 3135GA5R8 50518 FEDERAL NATL MTG ASSN 12/18/2020 5,000,000.00 4,524,700.00 5,000,000.00 0.625 AA 0.616 626 12/18/2025 3135G06G3 50519 FEDERAL NATL MTG ASSN 01/19/2021 5,000,000.00 4,555,400.00 5,000,709.67 0.500 AA 0.484 585 11/07/2025 3135G06V0 50564 FEDERAL NATL MTG ASSN 09/16/2022 3,000,000.00 2,930,970.00 2,990,332.63 4.125 AAA 4.311 514 08/28/2025 3135G03U5 50566 FEDERAL NATL MTG ASSN 10/18/2022 3,000,000.00 2,794,350.00 2,884,283.89 0.625 AAA 4.459 386 04/22/2025 Subtotal and Average 127,024,231.05 125,760,000.00 117,884,434.97 125,232,794.90 2.296 684 Treasury Coupon Securities
91282CBQ3 50522 TREASURY NOTE 03/01/2021 5,000,000.00 4,514,450.00 4,979,681.51 0.500 0.707 698 02/28/2026 91282CBQ3 50523 TREASURY NOTE 03/08/2021 5,000,000.00 4,514,450.00 4,971,804.52 0.500 0.791 698 02/28/2026 91282CBT7 50527 TREASURY NOTE 03/31/2021 2,000,000.00 1,815,160.00 1,993,512.46 0.750 0.904 729 03/31/2026 91282CBW0 50530 TREASURY NOTE 05/13/2021 5,000,000.00 4,521,900.00 4,989,533.92 0.750 0.841 759 04/30/2026 91282CCW9 50534 TREASURY NOTE 08/31/2021 5,000,000.00 4,476,350.00 4,989,433.87 0.750 0.828 882 08/31/2026 91282CCW9 50536 TREASURY NOTE 09/28/2021 5,000,000.00 4,476,350.00 4,972,406.84 0.750 0.971 882 08/31/2026 91282CDQ1 50541 TREASURY NOTE 01/05/2022 3,000,000.00 2,705,640.00 2,989,597.66 1.250 1.362 1,004 12/31/2026 Subtotal and Average 29,883,783.51 30,000,000.00 27,024,300.00 29,885,970.78 0.886 802 Municipal Bonds
35981VAZ3 50512 FULLERTON REDEVELOPMENT AGENCY 09/02/2020 1,870,000.00 1,719,483.70 1,878,625.07 1.221 AA 0.907 518 09/01/2025 Subtotal and Average 1,878,862.38 1,870,000.00 1,719,483.70 1,878,625.07 0.907 518 LAIF - Local Agency Investment Fund
1000 601 STATE OF CALIF POOL 04/01/2013 1,047,234.66 1,047,234.66 1,047,234.66 4.232 4.232 1 Subtotal and Average 1,047,234.66 1,047,234.66 1,047,234.66 1,047,234.66 4.232 1 Overnight Sweeps & DDA Accounts
USB 9400 910 US BANK 07/01/2019 13,319,850.29 13,319,850.29 13,319,850.29 0.750 0.740 1 Portfolio CITY
AC
Run Date: 05/09/2024 - 10:50 PM (PRF_PM2) 7.3.11
Packet Pg. 73
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024) YTM
360

Page 3 ends

Par Value Book Value
Maturity
Date
Stated
Market Value Rate
March 31, 2024
Portfolio Details - Investments
Average
Balance Issuer
Portfolio Management

CITY OF REDDING
Days to
CUSIP Investment # S&P Maturity
Purchase
Date
Subtotal and Average 13,726,611.22 13,319,850.29 13,319,850.29 13,319,850.29 0.740 1 Investment Money Market Accounts
SYS609 609 CORNERSTONE BANK 08/01/2013 250,000.00 250,000.00 250,000.00 1.000 0.986 1 SYS606 606 FIVE STAR BANK 06/30/2013 3,729,321.69 3,729,321.69 3,729,321.69 4.122 4.066 1 SYS608 608 FIVE STAR BANK 06/30/2013 0.00 0.00 0.00 2.624 2.588 1 Subtotal and Average 3,966,774.77 3,979,321.69 3,979,321.69 3,979,321.69 3.872 1 Total and Average 298,486,768.95 301,474,470.96 289,623,264.63 301,194,841.76 3.114 407 Portfolio CITY
AC
Run Date: 05/09/2024 - 10:50 PM (PRF_PM2) 7.3.11
Packet Pg. 74
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024) YTM
360

Page 4 ends

Par Value Book Value
Stated
Market Value Rate
March 31, 2024
Portfolio Details - Cash
Average
Balance Issuer
Portfolio Management

CITY OF REDDING
Days to
CUSIP Investment # S&P Maturity
Purchase
Date

0.00 298,486,768.95 301,474,470.96 3.114 407
Average Balance 0
Total Cash and Investments 289,623,264.63 301,194,841.76 Portfolio CITY
AC
Run Date: 05/09/2024 - 10:50 PM (PRF_PM2) 7.3.11
Packet Pg. 75
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024) $251,756 $275,058 $309,504 $316,853 $352,099 $373,208 $408,714 $425,626 $454,200 $449,647 $495,689 $496,627 $495,338 $550,793 $648,731 $587,700 $590,507 $611,491 $660,980 $689,435 $723,254 $742,386 $698,324 $0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
City of Redding
Earnings History $291,359,717 $287,501,970 $286,300,241 $282,425,732 $294,320,519 $270,815,984 $273,694,346 $271,128,414 $275,326,800 $286,405,619 $283,543,826 $300,991,774 $299,120,784 $301,194,842 $255,000,000
$260,000,000
$265,000,000
$270,000,000
$275,000,000
$280,000,000
$285,000,000
$290,000,000
$295,000,000
$300,000,000
$305,000,000
City of Redding
Book Value History
Packet Pg. 76
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024)

CITY OF REDDING
Received Interest

CITY OF REDDING
Treasurer's Office
777 Cypress Ave
Redding, Redding, CA 96001
Sorted by Issuer (530)225-4199
Received March 1, 2024 - March 31, 2024
Security
Type
Current
Rate
Par
Value Date Due Date Received Amount Due Amount Received Variance Interest
Issuer CUSIP Investment #
BANK OF AMERICA 24422EUE7 50505 MTN 5,000,000.00 3.450 03/13/2024 03/13/2024 86,250.00 86,250.00 - Subtotal 86,250.00 86,250.00
FEDERAL FARM CREDIT BANK 3133ENQV5 50550 FAC 5,000,000.00 1.870 03/10/2024 03/10/2024 46,750.00 46,750.00 - 3133EM6E7 50535 FAC 5,000,000.00 0.940 03/28/2024 03/28/2024 23,500.00 23,500.00 - Subtotal 70,250.00 70,250.00
FED HOME LOAN BANK 3130AQV26 50573 FAC 4,000,000.00 1.610 03/04/2024 03/04/2024 32,200.00 32,200.00 - 3130ATAH0 50567 FAC 0.00 3.640 03/15/2024 03/15/2024 72,800.00 72,800.00 - 3130ALDN1 50526 FAC 5,000,000.00 0.800 03/16/2024 03/16/2024 20,000.00 20,000.00 - 3130ALGJ7 50525 FAC 4,875,000.00 1.000 03/23/2024 03/23/2024 24,375.00 24,375.00 - Subtotal 149,375.00 149,375.00
FED HOME LOAN MTG CORP 3134GWUG9 50546 FAC 735,000.00 0.570 03/24/2024 03/24/2024 2,094.75 2,094.75 - 3134GXMT8 50551 FAC 5,000,000.00 2.250 03/25/2024 03/25/2024 56,250.00 56,250.00 - Subtotal 58,344.75 58,344.75
REDDING BANK OF COMMERCE SYS 30031 50514 BCD 3,000,000.00 1.000 03/24/2024 03/24/2024 2,416.67 2,377.05 -39.62 Subtotal 2,416.67 2,377.05
Toronto Dominion Bank 89114QCK2 50513 MTN 2,500,000.00 0.750 03/11/2024 03/11/2024 9,375.00 9,375.00 - Subtotal 9,375.00 9,375.00
TREASURY NOTE 91282CBT7 50527 TRC 2,000,000.00 0.750 03/31/2024 03/31/2024 7,500.00 7,500.00 - Subtotal 7,500.00 7,500.00
Total 383,511.42 383,471.80
Total Cash Overpayment 0.00
Total Cash Shortfall -39.62
Portfolio CITY
AC
Run Date: 05/09/2024 - 11:17 RI (PRF_RI) 7.3.11
Report Ver. 7.3.11 Packet Pg. 77
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024) Security
Type
Current
Rate
Par
Value

Page 2 ends

Date Received Amount Received
Interest
Issuer
Received March 1, 2024 - March 31, 2024
Received Interest

CITY OF REDDING
CUSIP Investment #
Cash Accounts
PFM 9999 9999 PA1 104,533,551.84 5.480 03/01/2024 429,619.10 Subtotal 429,619.10
CORNERSTONE BANK SYS609 609 RR4 250,000.00 1.000 03/31/2024 211.75 Subtotal 211.75
FIVE STAR BANK SYS606 606 RR4 3,716,356.54 4.122 03/31/2024 12,965.15 Subtotal 12,965.15
US BANK USB 9400 910 RR3 13,740,169.92 0.750 03/31/2024 7,603.05 Subtotal 7,603.05
Total 450,399.05
Portfolio CITY
AC
Run Date: 05/09/2024 - 11:17 RI (PRF_RI) 7.3.11
Report Ver. 7.3.11 Packet Pg. 78
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024)

CITY OF REDDING
Interest Earnings

CITY OF REDDING
Treasurer's Office
777 Cypress Ave
Redding, Redding, CA 96001
Sorted by Fund - Fund (530)225-4199
March 1, 2024 - March 31, 2024
Yield on Beginning Book Value
Maturity
Date
Current
Rate
Ending
Par Value
Security Ending
Fund Type Book Value
Beginning
Book Value
Adjusted Interest Earnings
Accretion
Amortization/
Earnings
Annualized Adjusted Interest
CUSIP Investment # Yield
Interest
Earned
Fund: OTHER
9999 9999 050 PA1 104,998,064.32 98,533,551.84 104,998,064.32 5.480 5.551 464,512.48 0.00 464,512.48 1000 601 050 RRP 1,047,234.66 1,047,234.66 1,047,234.66 4.232 4.290 3,815.96 0.00 3,815.96 SYS606 606 050 RR4 3,729,321.69 3,716,356.54 3,729,321.69 4.122 4.108 12,965.15 0.00 12,965.15 SYS609 609 050 RR4 250,000.00 250,000.00 250,000.00 1.000 0.997 211.75 0.00 211.75 USB 9400 910 050 RR3 13,319,850.29 13,740,169.92 13,319,850.29 0.750 0.652 7,603.05 0.00 7,603.05 Subtotal 123,344,470.96 117,287,312.96 123,344,470.96 4.910 489,108.39 0.00 489,108.39 Fund: POOLED CASH
91282CDQ1 50541 100 TRC 3,000,000.00 2,989,276.47 2,989,597.66 12/31/2026 1.250 1.384 3,193.68 321.19 3,514.87 91282CCW9 50534 100 TRC 5,000,000.00 4,989,062.50 4,989,433.87 08/31/2026 0.750 0.833 3,158.97 371.37 3,530.34 91282CBQ3 50523 100 TRC 5,000,000.00 4,970,552.29 4,971,804.52 02/28/2026 0.500 0.795 2,105.98 1,252.23 3,358.21 91282CBT7 50527 100 TRC 2,000,000.00 1,993,236.58 1,993,512.46 03/31/2026 0.750 0.913 1,270.49 275.88 1,546.37 91282CBQ3 50522 100 TRC 5,000,000.00 4,978,779.11 4,979,681.51 02/28/2026 0.500 0.711 2,105.98 902.40 3,008.38 91282CBW0 50530 100 TRC 5,000,000.00 4,989,106.45 4,989,533.92 04/30/2026 0.750 0.855 3,193.68 427.47 3,621.15 91282CCW9 50536 100 TRC 5,000,000.00 4,971,437.01 4,972,406.84 08/31/2026 0.750 0.978 3,158.97 969.83 4,128.80 24422EUE7 50505 100 MTN 5,000,000.00 5,087,886.82 5,080,799.18 03/13/2025 3.450 -18.273 -71,875.00 -7,087.64 -78,962.64 SYS 30031 50514 100 BCD 3,000,000.00 3,000,000.00 3,000,000.00 09/24/2025 1.000 1.014 2,583.33 0.00 2,583.33 3135G06G3 50519 100 FAC 5,000,000.00 5,000,746.63 5,000,709.67 11/07/2025 0.500 0.482 2,083.33 -36.96 2,046.37 3135GA3Z2 50517 100 FAC 2,500,000.00 2,500,000.00 2,500,000.00 11/25/2025 0.600 0.589 1,250.00 0.00 1,250.00 3135GA5R8 50518 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 12/18/2025 0.625 0.613 2,604.16 0.00 2,604.16 3136G4S61 50511 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 08/25/2025 0.660 0.648 2,750.00 0.00 2,750.00 3135GA3W9 50516 100 FAC 2,500,000.00 2,500,000.00 2,500,000.00 11/25/2025 0.600 0.589 1,250.00 0.00 1,250.00 3135G06V0 50564 100 FAC 3,000,000.00 2,989,760.59 2,990,332.63 08/28/2025 4.125 4.287 10,312.50 572.04 10,884.54 3135G03U5 50566 100 FAC 3,000,000.00 2,875,172.39 2,884,283.89 04/22/2025 0.625 4.371 1,562.50 9,111.50 10,674.00 3130APYK5 50540 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 03/14/2025 1.150 1.128 2,875.00 0.00 2,875.00 3130AQV26 50573 100 FAC 4,000,000.00 3,941,542.28 3,951,125.51 09/04/2024 1.610 4.466 5,366.67 9,583.23 14,949.90 3130AYXU5 50574 100 FAC 4,000,000.00 4,000,000.00 4,000,000.00 02/12/2029 4.450 4.366 14,833.33 0.00 14,833.33 3130ATAH0 50567 100 FAC 0.00 3,998,526.55 0.00 03/15/2024 3.640 4.653 5,662.22 1,473.45 7,135.67 3130ARYA3 50557 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 05/26/2027 4.000 3.925 10,000.00 0.00 10,000.00 3130ASQP7 50561 100 FAC 2,000,000.00 2,000,000.00 2,000,000.00 01/28/2025 3.625 3.557 6,041.67 0.00 6,041.67 3130ARPB1 50556 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 04/28/2027 3.500 3.434 14,583.33 0.00 14,583.33 3130APQB4 50537 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 11/23/2026 1.500 1.472 3,750.00 0.00 3,750.00 Portfolio CITY
AC
Run Date: 05/09/2024 - 11:19 IE (PRF_IE) 7.3.11
Report Ver. 7.3.11 Packet Pg. 79
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024) Maturity
Date
Current
Rate
Ending
Par Value
Security Ending
Fund Type

Page 2 ends

Book Value
Beginning
Book Value
Adjusted Interest Earnings
Accretion
Amortization/
Earnings
Adjusted Interest
March 1, 2024 - March 31, 2024
Interest Earnings

CITY OF REDDING
Annualized
CUSIP Investment # Yield
Interest
Earned
Fund: POOLED CASH
3130ALGJ7 50525 100 FAC 4,875,000.00 4,875,000.00 4,875,000.00 03/23/2026 1.000 0.981 4,062.50 0.00 4,062.50 3130AKPN0 50521 100 FAC 2,500,000.00 2,500,000.00 2,500,000.00 01/29/2026 0.600 0.589 1,250.00 0.00 1,250.00 3130AKQ74 50520 100 FAC 2,500,000.00 2,500,000.00 2,500,000.00 01/22/2026 0.625 0.613 1,302.08 0.00 1,302.08 3130ALDN1 50526 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 03/16/2026 0.800 0.785 3,333.34 0.00 3,333.34 3130ALXP4 50528 100 FAC 2,500,000.00 2,500,000.00 2,500,000.00 04/28/2026 1.200 1.177 2,500.00 0.00 2,500.00 3133ENSZ4 50553 100 FAC 2,500,000.00 2,500,000.00 2,500,000.00 04/01/2027 2.750 2.698 5,729.17 0.00 5,729.17 3133EN3M0 50569 100 FAC 2,000,000.00 2,003,044.44 2,002,711.11 12/05/2024 4.625 4.335 7,708.34 -333.33 7,375.01 3133ENDC1 50538 100 FAC 2,000,000.00 2,000,000.00 2,000,000.00 11/03/2026 1.330 1.305 2,216.67 0.00 2,216.67 3133ENQV5 50550 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 03/10/2025 1.870 1.835 7,791.67 0.00 7,791.67 3133EM6E7 50535 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 09/28/2026 0.940 0.922 3,916.67 0.00 3,916.67 3133ENMZ0 50548 100 FAC 3,000,000.00 2,999,864.44 2,999,991.53 04/03/2024 1.200 1.227 3,000.00 127.09 3,127.09 3133ENMQ0 50547 100 FAC 3,000,000.00 2,996,584.62 2,996,893.23 02/03/2025 1.310 1.408 3,275.00 308.61 3,583.61 3134GW6C5 50549 100 FAC 2,000,000.00 1,948,750.71 1,950,357.27 10/28/2026 0.800 1.776 1,333.33 1,606.56 2,939.89 3134H1SK0 50575 100 FAC 4,000,000.00 3,976,399.45 3,976,838.67 02/09/2029 4.375 4.448 14,583.34 439.22 15,022.56 3134GXH56 50562 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 05/28/2025 4.000 3.925 10,000.00 0.00 10,000.00 3134GY6H0 50570 100 FAC 2,000,000.00 2,002,448.61 2,002,334.72 12/16/2025 5.500 5.323 9,166.66 -113.89 9,052.77 3134GXR89 50563 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 08/25/2027 4.375 4.293 10,937.50 0.00 10,937.50 3134GXYE8 50559 100 FAC 3,000,000.00 2,996,685.00 2,997,535.00 06/28/2024 3.100 3.379 7,750.00 850.00 8,600.00 3134GXVF8 50558 100 FAC 3,000,000.00 3,000,000.00 3,000,000.00 12/23/2024 3.000 2.944 7,500.00 0.00 7,500.00 3134GWUG9 50546 100 FAC 735,000.00 723,936.79 724,526.31 09/24/2025 0.570 1.527 349.12 589.52 938.64 3134GW4C7 50555 100 FAC 3,000,000.00 2,850,395.61 2,855,090.31 10/27/2026 0.800 2.765 2,000.00 4,694.70 6,694.70 3134GXQV9 50554 100 FAC 4,150,000.00 4,150,000.00 4,150,000.00 04/25/2025 3.100 3.042 10,720.83 0.00 10,720.83 3134GW6C5 50552 100 FAC 3,000,000.00 2,871,021.84 2,875,065.05 10/28/2026 0.800 2.478 2,000.00 4,043.21 6,043.21 3134GXMT8 50551 100 FAC 5,000,000.00 5,000,000.00 5,000,000.00 03/25/2025 2.250 2.208 9,375.00 0.00 9,375.00 594918BJ2 50515 100 MTN 5,000,000.00 5,200,706.06 5,190,704.09 11/03/2025 3.125 0.683 13,020.83 -10,001.97 3,018.86 037833BZ2 50543 100 MTN 5,000,000.00 5,082,542.07 5,079,705.57 08/04/2026 2.450 1.708 10,208.33 -2,836.50 7,371.83 89114QCK2 50513 100 MTN 2,500,000.00 2,501,873.40 2,501,771.21 09/11/2025 0.750 0.687 1,562.50 -102.19 1,460.31 35981VAZ3 50512 100 MUN 1,870,000.00 1,879,132.43 1,878,625.07 09/01/2025 1.221 0.874 1,902.73 -507.36 1,395.37 Subtotal 178,130,000.00 181,833,471.14 177,850,370.80 1.371 192,316.40 16,899.66 209,216.06 Total 301,474,470.96 299,120,784.10 301,194,841.76 2.769 681,424.79 16,899.66 698,324.45 Portfolio CITY
AC
Run Date: 05/09/2024 - 11:19 IE (PRF_IE) 7.3.11
Report Ver. 7.3.11 Packet Pg. 80
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024)

CITY OF REDDING
Amortization Schedule

CITY OF REDDING
Treasurer's Office
777 Cypress Ave
Redding, Redding, CA 96001
March 1, 2024 - March 31, 2024 (530)225-4199
Sorted By Security Type - Fund
Original Premium
or Discount
Maturity Date
Current Rate
Beginning Par Value
Ending
Book Value
Amount Amortized
Fund Amort. Date This Period
Amounts Amortized
And Unamortized
As of 03/01/2024
Amt Amortized
Through 03/31/2024
Amount Unamortized
Through 03/31/2024
Investment #
Issuer
Purchase
Principal
Medium Term Notes
50543 5,000,000.00 154,400.00

2.450
08/04/2026 5,079,705.57 -71,857.93
82,542.07
100 5,154,400.00 -2,836.50 79,705.57
APPLE
-74,694.43
50505 5,000,000.00 424,313.81

3.450
03/13/2025 5,080,799.18 -336,426.99
87,886.82
100 5,424,313.81 -7,087.64 80,799.18

BANK OF AMERICA
-343,514.63
50515 5,000,000.00 594,450.00

3.125
11/03/2025 5,190,704.09 -393,743.94
200,706.06
100 5,594,450.00 -10,001.97 190,704.09

MICROSOFT
-403,745.91
50513 2,500,000.00 6,117.50

0.750
09/11/2025 2,501,771.21 -4,244.10
1,873.40
100 2,506,117.50 -102.19 1,771.21
Toronto Dominion Bank
-4,346.29
Subtotal 1,179,281.31 17,852,980.05 -806,272.96 -20,028.30 373,008.35
18,679,281.31 -826,301.26 352,980.05
Federal Agency Coupon Securities
50547 3,000,000.00 -11,100.00

1.310
02/03/2025 2,996,893.23 7,684.62
-3,415.38
100 2,988,900.00 308.61 -3,106.77

FEDERAL FARM CREDIT BANK
7,993.23
50548 3,000,000.00 -3,300.00

1.200
04/03/2024 2,999,991.53 3,164.44
-135.56
100 2,996,700.00 127.09 -8.47

FEDERAL FARM CREDIT BANK
3,291.53
50569 2,000,000.00 8,000.00

4.625
12/05/2024 2,002,711.11 -4,955.56
3,044.44
100 2,008,000.00 -333.33 2,711.11

FEDERAL FARM CREDIT BANK
-5,288.89
50567 4,000,000.00 -53,360.00

3.640
03/15/2024 0.00 51,886.55
-1,473.45
100 3,946,640.00 1,473.45 0.00

FED HOME LOAN BANK
53,360.00
50573 4,000,000.00 -160,040.00

1.610
09/04/2024 3,951,125.51 101,582.28
-58,457.72
100 3,839,960.00 9,583.23 -48,874.49

FED HOME LOAN BANK
111,165.51
50546 735,000.00 -25,761.75

0.570
09/24/2025 724,526.31 14,698.54
-11,063.21
100 709,238.25 589.52 -10,473.69

FED HOME LOAN MTG CORP
15,288.06
50549 2,000,000.00 -91,092.00

0.800
10/28/2026 1,950,357.27 39,842.71
-51,249.29
100 1,908,908.00 1,606.56 -49,642.73

FED HOME LOAN MTG CORP
41,449.27
50552 3,000,000.00 -223,050.00

0.800
10/28/2026 2,875,065.05 94,071.84
-128,978.16
100 2,776,950.00 4,043.21 -124,934.95

FED HOME LOAN MTG CORP
98,115.05
50555 3,000,000.00 -256,800.00

0.800
10/27/2026 2,855,090.31 107,195.61
-149,604.39
100 2,743,200.00 4,694.70 -144,909.69

FED HOME LOAN MTG CORP
111,890.31
50559 3,000,000.00 -20,400.00

3.100
06/28/2024 2,997,535.00 17,085.00
-3,315.00
100 2,979,600.00 850.00 -2,465.00

FED HOME LOAN MTG CORP
17,935.00
50570 2,000,000.00 4,100.00

5.500
12/16/2025 2,002,334.72 -1,651.39
2,448.61
100 2,004,100.00 -113.89 2,334.72

FED HOME LOAN MTG CORP
-1,765.28
50575 4,000,000.00 -26,280.00

4.375
02/09/2029 3,976,838.67 248.89
-26,031.11
100 3,973,720.00 439.22 -25,591.89

FED HOME LOAN MTG CORP
688.11
Portfolio CITY
AC
Run Date: 05/09/2024 - 10:49 AS (PRF_ASW) 7.3.11
Report Ver. 7.3.11 Packet Pg. 81
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024) Original Premium
or Discount
Maturity Date
Current Rate
March 1, 2024 - March 31, 2024
Beginning Par Value
Ending
Book Value
Amount Amortized
Fund Amort. Date This Period
Amortization Schedule Page 2

CITY OF REDDING
Amounts Amortized
And Unamortized
As of 03/01/2024
Amt Amortized
Through 03/31/2024
Amount Unamortized
Through 03/31/2024
Investment #
Issuer
Purchase
Principal
Federal Agency Coupon Securities
50519 5,000,000.00 2,129.00

0.500
11/07/2025 5,000,709.67 -1,382.37
746.63
100 5,002,129.00 -36.96 709.67

FEDERAL NATL MTG ASSN
-1,419.33
50564 3,000,000.00 -20,250.00

4.125
08/28/2025 2,990,332.63 10,010.59
-10,239.41
100 2,979,750.00 572.04 -9,667.37

FEDERAL NATL MTG ASSN
10,582.63
50566 3,000,000.00 -274,560.00

0.625
04/22/2025 2,884,283.89 149,732.39
-124,827.61
100 2,725,440.00 9,111.50 -115,716.11

FEDERAL NATL MTG ASSN
158,843.89
Subtotal -1,151,764.75 40,207,794.90 589,214.14 32,914.95 -562,550.61
43,583,235.25 622,129.09 -529,635.66
Treasury Coupon Securities
50522 5,000,000.00 -53,125.00

0.500
02/28/2026 4,979,681.51 31,904.11
-21,220.89
100 4,946,875.00 902.40 -20,318.49

TREASURY NOTE
32,806.51
50523 5,000,000.00 -73,437.50

0.500
02/28/2026 4,971,804.52 43,989.79
-29,447.71
100 4,926,562.50 1,252.23 -28,195.48

TREASURY NOTE
45,242.02
50527 2,000,000.00 -16,250.00

0.750
03/31/2026 1,993,512.46 9,486.58
-6,763.42
100 1,983,750.00 275.88 -6,487.54

TREASURY NOTE
9,762.46
50530 5,000,000.00 -25,000.00

0.750
04/30/2026 4,989,533.92 14,106.45
-10,893.55
100 4,975,000.00 427.47 -10,466.08

TREASURY NOTE
14,533.92
50534 5,000,000.00 -21,875.00

0.750
08/31/2026 4,989,433.87 10,937.50
-10,937.50
100 4,978,125.00 371.37 -10,566.13

TREASURY NOTE
11,308.87
50536 5,000,000.00 -56,250.00

0.750
08/31/2026 4,972,406.84 27,687.01
-28,562.99
100 4,943,750.00 969.83 -27,593.16

TREASURY NOTE
28,656.84
50541 3,000,000.00 -18,867.19

1.250
12/31/2026 2,989,597.66 8,143.66
-10,723.53
100 2,981,132.81 321.19 -10,402.34

TREASURY NOTE
8,464.85
Subtotal -264,804.69 29,885,970.78 146,255.10 4,520.37
-118,549.59
29,735,195.31 150,775.47 -114,029.22
Municipal Bonds
50512 1,870,000.00 27,414.20

1.221
09/01/2025 1,878,625.07 -18,281.77
9,132.43
100 1,897,414.20 -507.36 8,625.07

FULLERTON REDEVELOPMENT
-18,789.13
Subtotal 27,414.20 1,878,625.07 -18,281.77 -507.36
9,132.43
1,897,414.20 -18,789.13 8,625.07
-209,873.93 89,825,370.80 -89,085.49 16,899.66
-298,959.42
Total 93,895,126.07 -72,185.83 -282,059.76
Portfolio CITY
AC
Run Date: 05/09/2024 - 10:49 AS (PRF_ASW) 7.3.11
Report Ver. 7.3.11 Packet Pg. 82
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024) Packet Pg. 83
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024)

Page 1 ends

March 31, 2024
Interest Earnings Summary
March 31Month Ending Fiscal Year To Date
Portfolio Management

CITY OF REDDING ENTITIES
CD/Coupon/Discount Investments:

Interest Collected 0.00
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period

0.00 ( 0.00)

0.00 0.00
( 0.00)
Less Accrued Interest at Purchase During Period ( 0.00) ( 0.00) Interest Earned during Period
Adjusted by Capital Gains or Losses
Earnings during Periods

0.00 0.00

0.00 0.00
Pass Through Securities:

Interest Collected 0.00
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period

0.00 ( 0.00)

0.00 0.00

0.00 0.00
Cash/Checking Accounts:

Interest Collected 1,504.65
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period
63,778.67
( 42,873.60)
182,087.09
63,778.67
( 56,542.74)
Interest Earned during Period 22,409.72 189,323.02
Total Interest Earned during Period
Total Capital Gains or Losses
Total Earnings during Period
22,409.72

0.00 189,323.02

0.00 22,409.72 189,323.02
Portfolio ENTY
CP
Run Date: 05/10/2024 - 16:40 PM (PRF_PM6) 7.3.11
Report Ver. 7.3.11
Packet Pg. 84
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024)

Page 1 ends

CITY OF REDDING ENTITIES
Number
of Investments
Purchased
Number
of Investments
Redeemed
Yield to Maturity
March 2023
8 9,527,732.76 2.201 2.231 0.0000011
April 2023
8 9,455,553.26 2.251 2.282 0.0000011
May 2023
8 10,153,765.38 2.212 2.242 0.0000011
June 2023
8 9,833,667.42 2.387 2.420 0.0000011
July 2023
8 10,265,149.97 2.418 2.451 0.0000011
August 2023
8 8,428,358.46 2.681 2.718 0.0000011
September 2023
8 9,251,795.92 2.385 2.418 0.0000011
October 2023
8 9,447,318.50 2.447 2.481 0.0000011
November 2023
8 9,523,869.35 2.535 2.570 0.0000011
December 2023
8 9,820,957.61 2.529 2.564 0.0000011
January 2024
8 10,572,938.17 2.467 2.501 0.0000011
February 2024
8 11,844,174.30 2.318 2.350 0.0000011
March 2024
8 13,085,784.10 2.202 2.233 0.0000011
Average
8 10,093,158.86 2.387% 2.420% 0.0000011
Portfolio ENTY
CP
Run Date: 05/10/2024 - 16:40 PM (PRF_PM4) 7.3.11
Report Ver. 7.3.11
Packet Pg. 85
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024)

Page 1 ends

Stated
Rate
Transaction
Date
March 1, 2024 through March 31, 2024
Activity By Type
Balance
Beginning
Balance
Ending
Portfolio Management

CITY OF REDDING ENTITIES
CUSIP Investment # Issuer
Purchases
or Deposits
Redemptions
or Withdrawals
FSS Escrow Account (Monthly Summary)
9442 5201 US BANK FSS ESCROW 0.010 6,214.18 13.59
Subtotal 169,634.35 6,214.18 13.59 175,834.94
Successor Agency MM Account (Monthly Summary)
SYS6002 6002 US BANK SUCCESSOR AGENCY 0.850 152.10 93.88 Subtotal 980,091.84 152.10 93.88 980,150.06
LAIF - Local Agency Investment Fund
Subtotal 5,751,812.43 5,751,812.43
Overnight Sweeps & DDA Accounts
SYS5002 5002 US BANK HOUSING AUTHORITY 0.600 2,752,704.13 1,435,080.53 SYS 7002 7002 US BANK RABA 0.600 454,126.81 536,399.42
Subtotal 4,942,635.68 3,206,830.94 1,971,479.95 6,177,986.67 Total 11,844,174.30 3,213,197.22 1,971,587.42 13,085,784.10 Portfolio ENTY
CP
Run Date: 05/10/2024 - 16:40 PM (PRF_PM3) 7.3.11
Packet Pg. 86 Report Ver. 7.3.11
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024) YTM
365

Page 1 ends

Par Value Book Value
Maturity
Date
Stated
Market Value Rate
March 31, 2024
Portfolio Details - Investments
Average
Balance Issuer
Portfolio Management

CITY OF REDDING ENTITIES
Days to
CUSIP Investment # Moody's Maturity
Purchase
Date
FSS Escrow Account
9442 5201 US BANK FSS ESCROW 175,834.94 175,834.94 175,834.94 0.010 0.010 1 Subtotal and Average 169,834.37 175,834.94 175,834.94 175,834.94 0.010 1 Successor Agency MM Account
SYS6002 6002 US BANK SUCCESSOR AGENCY 980,150.06 980,150.06 980,150.06 0.850 0.850 1 Subtotal and Average 980,093.72 980,150.06 980,150.06 980,150.06 0.850 1 LAIF - Local Agency Investment Fund
SYS6000 6000 LAIF - COR - Successor to RRA 04/01/2013 4,107,061.95 4,107,061.95 4,107,061.95 4.232 4.291 1 SYS7000 7000 Local Agency Inv Fund RABA 04/01/2013 635,445.31 635,445.31 635,445.31 4.232 4.291 1 SYS5000 5000 Local Agency Inv Fund Housing 04/01/2013 1,009,305.17 1,009,305.17 1,009,305.17 4.232 4.291 1 Subtotal and Average 5,751,812.43 5,751,812.43 5,751,812.43 5,751,812.43 4.291 1 Overnight Sweeps & DDA Accounts
SYS 7003 Cornerstone Bank RABA Punch 01/01/2023 6,216.10 6,216.10 6,216.10 0.000 1 SYS5002 5002 US BANK HOUSING AUTHORITY 07/01/2019 3,236,497.54 3,236,497.54 3,236,497.54 0.600 0.600 1 SYS 7002 7002 US BANK RABA 07/01/2019 2,935,273.03 2,935,273.03 2,935,273.03 0.600 0.600 1 Subtotal and Average 4,982,485.71 6,177,986.67 6,177,986.67 6,177,986.67 0.599 1 Total and Average 11,884,226.23 13,085,784.10 13,085,784.10 13,085,784.10 2.233 1 Portfolio ENTY
CP
Run Date: 05/10/2024 - 16:40 PM (PRF_PM2) 7.3.11
Report Ver. 7.3.11 Packet Pg. 87
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024)

CITY OF REDDING ENTITIES
Interest Earnings

CITY OF REDDING ENTITIES
Received Interest

CITY OF REDDING
Treasurer's Office
777 Cypress Ave
Redding, Redding, CA 96001
Sorted by Security Type (530)225-4199
Received March 1, 2024 - March 31, 2024
Security
Type
Current
Rate
Par
Value Date Received Amount Received
Interest
Security Type CUSIP Investment #
Cash Accounts
FSS Escrow Account 9442 5201 PA1 169,634.35 0.010 03/31/2024 13.59 Subtotal 13.59
Successor Agency MM Account SYS6002 6002 PA2 980,091.84 0.850 03/31/2024 76.05 Subtotal 76.05
Overnight Sweeps & DDA Accounts SYS5002 5002 RR2 1,918,873.94 0.600 03/31/2024 760.13 SYS 7002 7002 RR2 3,017,545.64 0.600 03/31/2024 654.88
Subtotal 1,415.01
Total 1,504.65
Portfolio ENTY
CP
Run Date: 05/10/2024 - 16:44 RI (PRF_RI) 7.3.11
Report Ver. 7.3.11
Packet Pg. 89
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024) $4,398 $5,415 $7,009 $9,885 $8,896 $8,747 $9,469 $10,484 $11,737 $14,946 $15,449 $18,214 $17,633 $18,979 $19,437 $19,160 $20,392 $18,966 $20,674 $20,056 $20,772 $22,232 $21,125 $22,410 $0
$5,000
$10,000
$15,000
$20,000
$25,000
City of Redding, Entities
Earnings History $9,582,455 $9,527,733 $9,455,553 $10,153,765 $9,833,667 $10,265,150 $8,428,358 $9,251,796 $9,447,319 $9,523,869 $9,820,958 $10,572,938 $11,844,174 $13,085,784 $0
$2,000,000
$4,000,000
$6,000,000
$8,000,000
$10,000,000
$12,000,000
$14,000,000
City of Redding, Entities
Book Value History
Packet Pg. 90
Attachment: Treasurer's Report FY 2023-2024 Q3 (4(c)--Treasurer's Report - March 2024)

CITY OF REDDING

REPORT TO THE CITY COUNCIL
Recommendation
Adopt Ordinance No. 2669, an uncodified ordinance of the City Council of the City of Redding adopting Redding Police Department Policy No. 707 to provide guidelines for the approval, acquisition and reporting requirements for military equipment for the Redding Police Department in accordance with Assembly Bill 481.

Attachments
^Ordinance No. 2669
^Policy 707
2024 AB 481 Report
MEETING DATE: June 4, 2024
ITEM NO. 4(d)
FROM:
***APPROVED BY***
[email protected] [email protected]
SUBJECT: 4(d)--Adopt Ordinance No. 2669 Redding Police Department Military Equipment Report; and Uncodified Ordinance to provide guidelines regarding military equipment pursuant to Assembly Bill 481.

Sharlene Tipton, City Clerk
Packet Pg. 91
First reading done: 05/21/2024 BB DRAFT NEW ORDINANCE
For adoption on: 06/04/2024 5-0
CC agenda item #4(d)
ORDINANCE NO. 2669

AN UNCODIFIED ORDINANCE OF THE CITY COUNCIL OF THE

CITY OF REDDING ADOPTING A POLICY TO PROVIDE

GUIDELINES FOR THE APPROVAL, ACQUISITION AND

REPORTING REQUIREMENTS FOR MILITARY EQUIPMENT
WHEREAS, on September 30, 2021, Governor Gavin Newsom signed into law Assembly Bill 481, which relates to the use of military equipment by state and local law enforcement agencies; and
WHEREAS, Assembly Bill 481, codified at Government Code sections 7070 through 7075, inclusive, and as applied to cities, requires local law enforcement agencies to obtain approval of a military equipment use policy prior to taking any action which supports the acquisition and use of military equipment; and
WHEREAS, Government Code section 7071 requires approval of a military equipment use policy by ordinance at a regular meeting of the City Council; and WHEREAS, it further provides that the military equipment use policy must be made publicly available on the law enforcement agency’s internet website for no less than thirty (30) calendar days prior to adoption of the same by ordinance; and WHEREAS, subdivision (e) of Government Code section 7071 further requires that the City Council review any such ordinance at least annually after having considered the report required by Government Code section 7072; and
WHEREAS, the proposed military equipment use policy for the Redding Police Department Policy 707, is attached and incorporated herein; and WHEREAS, Redding Policy Department Policy 707 was published on the Redding Police Department’s internet website on March 2, 2022, and was provided to the City Council on the same day; and
WHEREAS, the City Council adopted Ordinance No. 2647 on May 3, 2022, whereby Redding Police Department Policy 707 was, approved, adopted and found to meet all requirements under the law.

NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF REDDING DOES ORDAIN AS FOLLOWS:

Section 1. Determinations and Orders.

Packet Pg. 92
Attachment: ^Ordinance No. 2669 (4(d)--Adopt Ordinance No. 2669) 2 1. Redding Police Department Policy 707 meets the requirements of subdivision (d) of Government Code section 7070 because substantial evidence in the record establishes that:

A. Policy 707 is necessary because there is no reasonable alternative that can achieve the same objective of officer and civilian safety; and B. Policy 707 will safeguard the public’s welfare, safety, civil rights and civil liberties; and
C. The equipment set forth in Policy 707 is reasonably cost effective compared to available alternatives that can achieve the same objective of officer and civil safety.

2. Redding Police Department Policy 707 is approved and adopted.

3. The Chief of Police shall produce the annual military equipment report required by Government Code section 7072, publish the same on the Redding Police Department internet website, and provide the notice and public engagement required by subdivision (b) of Government Code 7072.

4. The Chief of Police shall, after undertaking all actions set forth in Section 3, herein, agendize consideration of the annual military equipment report for a regular meeting of the City Council.

5. The Chief of Police shall, no later than ten months (10) months after the adoption of this ordinance, and every subsequent renewal of the same, cause consideration of an ordinance to renew this ordinance for an additional term of one (1) year to be agendized for first reading.

Section 2. Severability. If any section, subsection, subdivision, paragraph, sentence, clause or phrase of this Ordinance, or its application to any person or circumstance, is for any reason held to be invalid or unenforceable, such invalidity or unenforceability shall not affect the validity or enforceability of the remaining sections, subsections, subdivisions, paragraphs, sentences, clauses or phrases of this Ordinance, or its application to any person or circumstance. The City Council of the City of Redding hereby declares that it would have adopted each section, subsection subdivision paragraph, sentence, clause or phrase hereof, irrespective of the fact that any one or more other sections, subsections subdivisions paragraphs, sentences, clauses or phrases hereof be declared invalid or unenforceable.

Section 3. The City of Redding finds that this Ordinance is not a “project” according to the definition set forth in the California Environmental Quality Act (“CEQA”), and, pursuant to CEQA Guidelines sections 15060(c)(2) (the activity will not result in a direct or reasonably foreseeable indirect physical change in the environment) and 15061(b)(3) (there is no possibility the activity in question may have a significant effect on the environment), the adoption of this ordinance is therefore not subject to the provisions requiring environmental review.

Packet Pg. 93
Attachment: ^Ordinance No. 2669 (4(d)--Adopt Ordinance No. 2669) 3 I HEREBY CERTIFY that the foregoing ordinance was introduced and read by the City Council of the City of Redding at a regular meeting on the 21st day of May, 2024, and was duly read and adopted at a regular meeting on the 4 th day of June, 2024, by
the following vote:

AYES: COUNCIL MEMBERS:

NOES: COUNCIL MEMBERS:

ABSENT: COUNCIL MEMBERS:

ABSTAIN: COUNCIL MEMBERS:
___________________________________
TENESSA AUDETTE, Mayor
ATTEST: APPROVED AS TO FORM:
_____________________________ ___________________________________ SHARLENE TIPTON, City Clerk CHRISTIAN M. CURTIS, City Attorney DATE ATTESTED: ________, 2024
Packet Pg. 94
Attachment: ^Ordinance No. 2669 (4(d)--Adopt Ordinance No. 2669) Policy
707
Redding Police Department
RPD Policy Manual
Copyright Lexipol, LLC 2024/05/21, All Rights Reserved.

Published with permission by Redding Police Department
Military Equipment - 1
Military Equipment
707.1 PURPOSE AND SCOPE
The purpose of this policy is to provide guidelines for the approval, acquisition, and reporting requirements of military equipment (Government Code § 7070; Government Code § 7071; Government Code § 7072).
707.1.1 DEFINITIONS
Definitions related to this policy include (Government Code § 7070):

Governing body – The elected or appointed body that oversees the Department.

Military equipment – Includes but is not limited to the following:
• Unmanned, remotely piloted, powered aerial or ground vehicles. • Mine-resistant ambush-protected (MRAP) vehicles or armored personnel carriers. • High mobility multipurpose wheeled vehicles (HMMWV), two-and-one-half-ton trucks, five-ton trucks, or wheeled vehicles that have a breaching or entry apparatus attached. • Tracked armored vehicles that provide ballistic protection to their occupants. • Command and control vehicles that are either built or modified to facilitate the operational control and direction of public safety units. • Weaponized aircraft, vessels, or vehicles of any kind. • Battering rams, slugs, and breaching apparatuses that are explosive in nature. This does not include a handheld, one-person ram.
• Firearms and ammunition of_.50 caliber or greater, excluding standard-issue shotguns and standard-issue shotgun ammunition.
• Specialized firearms and ammunition of less than_.50 caliber, including firearms and accessories identified as assault weapons in Penal Code § 30510 and Penal Code § 30515, with the exception of standard-issue firearms.
• Any firearm or firearm accessory that is designed to launch explosive projectiles. • Noise-flash diversionary devices and explosive breaching tools. • Munitions containing tear gas or OC, excluding standard, service-issued handheld pepper spray.
• TASER® Shockwave, microwave weapons, water cannons, and long-range acoustic devices (LRADs).
• Kinetic energy weapons and munitions.
• Any other equipment as determined by a governing body or a state agency to require additional oversight.

Packet Pg. 95
Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Redding Police Department
RPD Policy Manual
Military Equipment
Copyright Lexipol, LLC 2024/05/21, All Rights Reserved.

Published with permission by Redding Police Department
Military Equipment - 2
707.2 POLICY
It is the policy of the Redding Police Department that members of this department comply with the provisions of Government Code § 7071 with respect to military equipment. 707.3 MILITARY EQUIPMENT COORDINATOR
The Chief of Police should designate a member of this department to act as the military equipment coordinator. The responsibilities of the military equipment coordinator include but are not limited to:
(a) Acting as liaison to the governing body for matters related to the requirements of this policy.
(b) Identifying department equipment that qualifies as military equipment in the current possession of the Department, or the equipment the Department intends to acquire that requires approval by the governing body.
(c) Conducting an inventory of all military equipment at least annually. (d) Collaborating with any allied agency that may use military equipment within the jurisdiction of Redding Police Department (Government Code § 7071). (e) Preparing for, scheduling, and coordinating the annual community engagement meeting to include:

1. Publicizing the details of the meeting.

2. Preparing for public questions regarding the department’s funding, acquisition, and use of equipment.
(f) Preparing the annual military equipment report for submission to the Chief of Police and ensuring that the report is made available on the department website (Government Code § 7072).
(g) Establishing the procedure for a person to register a complaint or concern, or how that person may submit a question about the use of a type of military equipment, and how the Department will respond in a timely manner.
707.4 MILITARY EQUIPMENT INVENTORY
The following constitutes a list of qualifying equipment for the Department:

Unmanned Aerial Vehicle (UAV)
Armored Vehicle
Mobile Command Vehicle
Explosive Breaching
.50 Caliber Rifle
Rifles identified as assault weapons under Penal Code Sections 30510 and 30515 Noise Flash Diversionary Devices
Tear Gas and Munitions
Packet Pg. 96
Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Redding Police Department
RPD Policy Manual
Military Equipment
Copyright Lexipol, LLC 2024/05/21, All Rights Reserved.

Published with permission by Redding Police Department
Military Equipment - 3
Kinetic Energy Weapons and Munitions
For inventory details - See attachment: RPD AB481 Inventory_4-11-22.pdf 707.5 APPROVAL
The Chief of Police or the authorized designee shall obtain approval from the governing body by way of an ordinance adopting the military equipment policy. As part of the approval process, the Chief of Police or the authorized designee shall ensure the proposed military equipment policy is submitted to the governing body and is available on the department website at least 30 days prior to any public hearing concerning the military equipment at issue (Government Code § 7071). The military equipment policy must be approved by the governing body prior to engaging in any of the following (Government Code § 7071):
(a) Requesting military equipment made available pursuant to 10 USC § 2576a. (b) Seeking funds for military equipment, including but not limited to applying for a grant, soliciting or accepting private, local, state, or federal funds, in-kind donations, or other donations or transfers.
(c) Acquiring military equipment either permanently or temporarily, including by borrowing or leasing.
(d) Collaborating with another law enforcement agency in the deployment or other use of military equipment within the jurisdiction of this department. (e) Using any new or existing military equipment for a purpose, in a manner, or by a person not previously approved by the governing body.
(f) Soliciting or responding to a proposal for, or entering into an agreement with, any other person or entity to seek funds for, apply to receive, acquire, use, or collaborate in the use of military equipment.
(g) Acquiring military equipment through any means not provided above. 707.6 COORDINATION WITH OTHER JURISDICTIONS
Military equipment used by any member of this Department shall be approved for use and in accordance with this Department policy. Military equipment used by other jurisdictions that are providing mutual aid to this Department, or otherwise engaged in law enforcement operations in this jurisdiction, shall comply with their respective military equipment use policies in rendering mutual aid.
707.7 ANNUAL REPORT
Upon approval of a military equipment policy, the Chief of Police or the authorized designee should submit a military equipment report to the governing body for each type of military equipment approved within one year of approval, and annually thereafter for as long as the military equipment is available for use (Government Code § 7072).

Packet Pg. 97
Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Redding Police Department
RPD Policy Manual
Military Equipment
Copyright Lexipol, LLC 2024/05/21, All Rights Reserved.

Published with permission by Redding Police Department
Military Equipment - 4
The Chief of Police or the authorized designee should also make each annual military equipment report publicly available on the department website for as long as the military equipment is available for use. The report shall include all information required by Government Code § 7072 for the preceding calendar year for each type of military equipment in department inventory. 707.8 COMMUNITY ENGAGEMENT
Within 30 days of submitting and publicly releasing the annual report, the Department shall hold at least one well-publicized and conveniently located community engagement meeting, at which the Department should discuss the report and respond to public questions regarding the funding, acquisition, or use of military equipment.

Packet Pg. 98
Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) RPD Policy Manual
Copyright Lexipol, LLC 2024/05/21, All Rights Reserved.

Published with permission by Redding Police Department
Attachments - 5
Attachments
Packet Pg. 99
Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Attachment
RPD Policy Manual
Copyright Lexipol, LLC 2024/05/21, All Rights Reserved.

Published with permission by Redding Police Department
RPD AB481 Inventory_4-11-22.pdf - 6
RPD AB481 Inventory_4-11-22.pdf
RPD AB481 Inventory_4-11-22.pdf
Packet Pg. 100 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Redding Police Department
Military Equipment Inventory
Dates Revised
April 11, 2022
Packet Pg. 101 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Section 1 – Unmanned, remotely piloted, powered aerial or ground vehicles CA Gov’t Code § 7070 (c)(1)
Equipment Name: Unmanned Aircraft Systems (UAS)
Quantity Owned: 14
Lifespan: 5+ years
Equipment Capabilities: Remotely piloted aerial vehicle capable of providing live and recorded video images captured from aerial positions, including images enhanced by Forward Looking Infrared (FLIR), thermal, and optical zoom lenses.

Products in UAS fleet/description:

The following make up the UAS fleet for the Redding Police Department. All products are manufactured by DJI and include commercial-grade and civilian models. Commonly used by construction and utility companies for the inspection of buildings, powerlines, windmills and other infrastructure. All UAS are battery powered, remote operated devices. Operators utilize a handheld controller to control UAS and view live feed from UAS-mounted camera. Flight time varies by model, but average approximately 25-30 minutes per battery, depending on weather and flight conditions. The UAS has also proven to be useful to public safety agencies in firefighting, search and rescue, pre-operational surveillance, and other tactical situations where aerial views enhance the safety and efficiency of law enforcement and fire personnel.

The Redding Police Department utilizes the following UAS models:

DJI Matrice 210(s) – four units.

DJI Matrice 300(s) – two units.

DJI Mavic 2(s) – two units.

DJI Phantom 4(s) – two units.

DJI Pro – one unit.

DJI Spark – one unit.

DJI Mavic Mini (s) – two units.

Purpose/Authorized Uses: Unmanned aerial systems may be utilized to enhance the Department’s mission of protecting lives and property when other means and resources are not available or are less effective. Any use of a UAS will be in strict accordance with constitutional and privacy rights and Federal Aviation Administration (FAA) regulations.

The Redding Police Department also works in conjunction with Redding Electric Utility in annual power line inspections as part of the REU Wildfire Mitigation Plan.

Fiscal Impacts: Initial startup cost was funded by the REU Wildfire Mitigation Plan – which was $176,825 in 2020. Two Martrice 300’s were purchased in 2021 for $74,184.

Packet Pg. 102 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Costs associated with replacement/repair of equipment ~ $5,000; the price of the UAS is based upon each specific model. The most expensive UAS is the Matrice 300 with a cost of approximately $35,000 for all attachments, cameras, etc.

The allotted annual Redding Police Department UAS budget is $20,000.

Legal/Procedural Rules Governing Use: The use of the UAV is in accordance with Redding Police Department Policy 606 and Federal Aviation Administration (FAA) Regulations.

Training Required: UAS will only be operated on deployment by Department personnel who possess a valid Remote Pilot Certificate and have received Department approved training in operation, applicable laws, policies, and procedures regarding the use of the UAS.

Other: UAS consistently improve and advance from year to year. There may be times when equipment becomes available that are imperative for successfully operating the fleet while old technology becomes obsolete.

Packet Pg. 103 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Section 3 - High mobility multipurpose wheeled vehicles (HMMWV), two-and-one-half-ton trucks, five-ton trucks, or wheeled vehicles that have a breaching or entry apparatus attached.

CA Gov’t Code § 7070 (c)(3)
Equipment Name: Lenco BearCat G2
Quantity Owned: 1
Lifespan: 15+ years
Equipment Capabilities: The vehicle is equipped with emergency lights/sirens, rotating roof hatch, running boards, protection against chemical agents, back-up camera, battering ram attachment, CS (tear gas) deployment nozzle, and spot/flood lights. The vehicle is armored with a 0.5 – 1.5” thick steel and ballistic windows rated to stop a 0.50 caliber bullet.

Manufacturer Product Description: The Lenco BearCat is the standard tactical armored vehicle for special operations units within the US Law Enforcement community. Since the early 2000s, agencies such as LAPD, LASD SEB, NYPD ESU, Boston PD and hundreds of Federal, State and Local Law Enforcement agencies have made the BearCat part of their standard operating procedure. The G2 has excellent on-road driving characteristics and maneuverability in tight urban settings. The large floor plan seats 10 – 12 fully equipped officers.

Purpose/Authorized Uses: The Bearcat is primarily used for Special Weapons and Tactics (SWAT) Team incidents, safe transport of SWAT personnel to and from critical incidents, high risk warrant service operations, dangerous high risk tactical operations, high risk rescue operations, training, community engagement efforts and any other applications deemed appropriate and approved by the SWAT Commander, Division Commander or Chief of Police.

Fiscal Impacts: The cost of the Bearcat was approximately $309,035 which was purchased in 2019 by the Hilltop Business Group for the City of Redding.

Legal/Procedural Rules Governing Use: The use of the Lenco Bearcat G2 is governed by Redding Police Department Policy 706.

Training Required: Officers are to be trained in the operation of the Bearcat prior to use. Training requirements will be set by the SWAT Commander and will include knowledge of the listed policy, rules of the road and basic knowledge of electronic/mechanical functions on the vehicle. The training will also include a driving exercise. SWAT personnel will receive advanced training and are expected to maintain a higher level of operational knowledge and expertise.

Only Redding Police Department personnel who have completed training and possess a valid California Driver’s License will be authorized to drive/operate the Bearcat, unless a delayed deployment of the Bearcat would result in serious bodily injury or death.

The SWAT Commander, or his/her designee, is responsible for training officers on proper use, driving techniques and ensuring the vehicle is properly serviced and maintained.

Packet Pg. 104 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Other: The vehicle is designed to meet the tactical needs of law enforcement agencies tasked with responding to acts of violence and/or terrorism. The purpose is to enhance law enforcement’s ability to serve and protect the community.

Packet Pg. 105 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Section 5 - Command and control vehicles that are either built or modified to facilitate the operational control and direction of public safety units.

CA Gov’t Code § 7070 (c)(5)
Equipment Name: City of Redding - Mobile Command Vehicle (MCV) Quantity Owned: 1
Lifespan: 15+ years
Equipment Capabilities: The vehicle provides mobile, remote access to radio, internet planning and operational resources to assist with the command and control of major incidents and other planned operations. The vehicle also has the capability to dispatch officers and firefighters, as well as receive emergency calls.

Manufacturer Product Description: The City of Redding - Mobile Command Vehicle was built in conjunction with the Redding Fire Department, Redding Police Department, and Redding Electric Utility as a unified command vehicle but can also alternate between fire, police, and utility for department specific missions. The vehicle was custom built by Pierce Manufacturing in Appleton Wisconsin in 2021.

Purpose/Authorized Uses: The MCV can be deployed for any fire, police, and/or utility incidents which it would be deemed beneficial to do so.

Fiscal Impacts: The initial costs of the MCV was approximately $560,040 which was purchased in 2021 with funding from the Redding Electric Utility Wildfire Mitigation Plan. The annual upkeep for the vehicle is approximately $5,000.

Legal/Procedural Rules Governing Use: Redding Police Department allows the use of the MCV with the approval of the Division Commander. A Class C license is required to drive the vehicle.

Training Required: A Class C license is required to drive the vehicle. The Redding Police Department supervisor assigned to the MCV will ensure operators are trained in the operation and functions of the MCV. Trained personnel will operate the MCV and will be assigned to the vehicle during operations to facilitate its operation.

Other: The MCV is not a tactical vehicle but rather a multi-purpose vehicle to help facilitate command and control during field incidents in the City of Redding. The vehicle does not have any armor nor is it deployed in such a manner as to be used in such a way. The vehicle is to be deployed at the periphery of a tactical incident if one such arises.

Packet Pg. 106 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Section 7 - Battering rams, slugs, and breaching apparatuses that are explosive in nature. This does not include a handheld, one-person ram.

CA Gov’t Code § 7070 (c)(7)
Equipment Name: Energetic Explosive Breaching
Quantity Owned:
942 feet Detonating Cord, 50 grains per foot.

Blasting Caps – 42
Percussion Primers – 50
Lifespan: 5 years
Equipment Capabilities: Energetic breaching is used to gain rapid access to a room or structure when an emergent law enforcement need exists. All efforts are made to minimize the amount of energetics applied to a target, while still achieving a positive breach. Energetic breaching materials are used to make breaching charges of various shapes and strength which are specifically designed for the target. The materials release gasses, heat, and light when initiated. The pressure from the gasses released presses against mediums and/or the target to cause the structure of the target to fail for a successful breach.

Breaching charges are specially designed to cause structural failure of the desired target. Various types, configurations, and energetic weights are maintained for use, as needed.

Manufacturer Product Description: The detonating cord is a thin, flexible plastic tube usually filled with pentaerythritol tetranitrate (PETN, pentrite). With the PETN exploding at a rate of approximately 6400 m/s, any common length of detonation cord appears to explode instantaneously. It is a high-speed fuse which explodes, rather than burns, and is suitable for detonating high explosives.

A blasting cap is a small sensitive primary explosive device generally used to detonate a larger, more powerful and less sensitive secondary explosive such as TNT, dynamite, or plastic explosive. Blasting caps come in a variety of types, including non-electric caps, electric caps, and fuse caps Purpose/Authorized Uses: It is the standard operating procedure of the Redding Police Department Special Weapon and Tactics (SWAT) Team to utilize a SWAT team member or member of the Shasta County Bomb Squad who has attended the necessary training required to provide the option of explosive breaching. Explosive breaching is a SWAT team tactical option and can be employed when a rapid entry is critical to the success of the SWAT mission.

An explosive breach should be viewed as a breaching tool to be used in dangerous situations with minimal risk to officers and occupants of target structures.

Explosive breaching techniques may not be appropriate in all breaching situations. An explosive breach should not be employed in the following circumstances:

Packet Pg. 107 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) a. The construction of walls, doors or the building is not known. b. The location of the occupants/victims is not known.
c. There is a known presence of unstable chemicals or other incendiary materials.

Fiscal Impacts: Initial startup was funded by Department SWAT budget – estimated $2,500. Future fiscal impact – 25 grain detonation cord – estimated between $0 and $349 annually. 50 grain detonation cord – estimated between $0 and $1,915.49 annually
Legal/Procedural Rules Governing Use: Explosive breaching is commanded by the SWAT Commander and procedures are outlined under Redding Police Department Policy 404. Explosive breaching may only occur after authorization by the SWAT Commander in the field, and during training exercises.

Training Required: Explosive breaching personnel shall train with SWAT at minimum two times annually and often enough to be proficient in the practice of explosive breaching. All explosive breaching personnel shall attend a certified breaching school.

Other: Explosive breaching is specifically assigned and utilized by the Redding Police Department SWAT Team.

Packet Pg. 108 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Section 7 - Battering rams, slugs, and breaching apparatuses that are explosive in nature. This does not include a handheld, one-person ram.

CA Gov’t Code § 7070 (c)(7)
Equipment Name: Remington Breaching Shotgun (Model 870, 12 Gauge) and ammunition Quantity Owned:

Breaching Shotguns – 2
Hornady ¾ oz breaching round – 50
Lifespan: 15 – 20 years
Equipment Capabilities: To quickly force entry through locked and/or barricaded doors, the Department authorizes the use of the breaching shotgun. The use of the breaching shotgun allows officers to defeat doors that mechanical breaching tools would normally be unable to open. The primary function of the breaching shotgun is for forcing entry. Although the breaching shotgun is a firearm, it has been modified for breaching purposes. Additionally, the selected ammunition is frangible and designed to defeat door locks and hinges.

Manufacturer Product Description: Starting with a receiver machined from an 8 ½ – pound billet of steel might not be the easiest way to build a shotgun, but the end result is well worth the extra effort. No other pump shotgun can match the Model 870's strength and smooth, effortless operation. Its legendary reliability is the heart of its popularity, as evidenced by the more than 13 million outdoorsmen, law enforcement officers, competitive shooters and home defenders who have chosen the never-say-die pump gun since its introduction in 1950. That same reliability has made the Model 870 one of the most adaptable shotgun designs ever, and the best-selling shotgun of all time.

Hornady 12 Gauge breaching round frangible ¾ oz slug is designed to fit a variety of mission applications including entry (limited penetration), breaching, and training. It features a ¾ ounce frangible sintered slug.

Purpose/Authorized Uses: When a decision has been made to conduct an emergency entry, the breaching shotgun may only be used when it appears reasonably necessary to prevent death or great bodily injury.

Officers are also required to obtain the approval of a supervisor unless the circumstances make it impractical to obtain authorization and/or delayed response would jeopardize the safety of citizens, officers or suspect(s).

Fiscal Impacts: Approximately $500 annually. Department SWAT budget.

Legal/Procedural Rules Governing Use: The use of the breaching shotgun is governed by Redding Police Department Policy 404.

Training Required: The training for the use of the breaching shotgun is governed by Redding Police Department Policy 404. All training and proficiency for the breaching shotgun will be documented by the SWAT Commander.

Other: Breaching shotguns are assigned to the SWAT Team.

Packet Pg. 109 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Section 8 and 9 - Firearms and ammunition of .50 caliber or greater, excluding standard-issue shotguns and standard-issue shotgun ammunition.

CA Gov’t Code § 7070 (c)(8) and 7070 (c)(9)
Equipment Name: Armalite, AR-50 .50 caliber rifle and ammunition Quantity Owned:

Rifle – 1
Ammunition .50 BMG – 236
Lifespan: 10+ years
Equipment Capabilities: The AR-50A1 rifle is a large caliber rifle that allows for specific uses by our SWAT Team. The capability of the large caliber allows for the penetration of ballistic, steel armor in a critical incident.

Manufacturer Product Description: The AR-50A1 is a single shot bolt action rifle chambered for the powerful .50 BMG cartridge. The rifle features a unique octagonal receiver and utilizes ArmaLite's proprietary V-Channel chassis. Designed for the challenges of long-range shooting, the AR-50A1 is exceptionally accurate with a highly effective muzzle brake.

Purpose/Authorized Uses: Use of the .50 caliber Sniper Rifle per Redding Police Policy 404:
a. SWAT members must obtain SWAT Commander approval prior to training with the .50 rifle.

Training must be at sites approved by the SWAT Commander. b. The rifle should only be deployed during a crisis with SWAT Commander approval unless exigent circumstances justify an immediate deployment.
c. Only trained officers may deploy the rifle.

Fiscal Impacts: No cost. Rifle was obtained in 2010 – citizen forfeiture and retained per 34005(b) PC.

Legal/Procedural Rules Governing Use: All applicable State, Federal and Local laws governing police use of force. Various Redding Police Department Policies on Use of Force, SWAT, and Firearms.

Training Required: Training and qualification with the rifle will be the responsibility of the SWAT Commander. Only those SWAT members that have trained/qualified will deploy the rifle, when necessary.

Other: This rifle is assigned to Redding Police Department SWAT Team.

Packet Pg. 110 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Section 10 - Specialized firearms and ammunition of less than .50 caliber, including firearms and accessories identified as assault weapons in Penal Code § 30510 and Penal Code § 30515, with the exception of standard-issue firearms.

CA Gov’t Code § 7070 (c)(10)
Equipment Name: Stag Arms AR-15 .223 rifle and ammunition Quantity Owned: 2
Lifespan: 10+ years
Equipment Capabilities: The Stag Arms AR-15 rifle is a semi-automatic rifle defined in sections 30510 and 30515 of the Penal Code.

Manufacturer Product Description: The Stag Arms AR-15 is a magazine fed, gas operated rifle available in .223 caliber and fires from a rotating locking closed bolt.

Purpose/Authorized Uses: Officers may deploy the rifle in any circumstance within Redding Police Department Policies on Use of Force and Firearms.

Fiscal Impacts: None. Obtained in 2013 through evidence retention per 34005(b) PC.

Legal/Procedural Rules Governing Use: All applicable State, Federal and Local laws governing police use of force. Various Redding Police Department Policies on Use of Force and Firearms.

Training Required: Officers must successfully complete a CA POST certified 24-hour patrol rifle course as well as regular Department firearms training and qualifications as required by law and policy.

Other: These specific rifles are assigned to Redding Police Department SWAT Team.

Packet Pg. 111 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Section 10 - Specialized firearms and ammunition of less than .50 caliber, including firearms and accessories identified as assault weapons in Penal Code § 30510 and Penal Code § 30515, with the exception of standard-issue firearms.

CA Gov’t Code § 7070 (c)(10)
Equipment Name: DRMO AR-15 Carbine .223 rifle
Quantity Owned: 57
Lifespan: 10+ years
Equipment Capabilities: The AR-15 carbine rifle is a semi-automatic rifle defined in sections 30510 and 30515 of the Penal Code.

Manufacturer Product Description: The Carbine Rifle AR-15 is a magazine fed, gas operated rifle available in .223 caliber and fires from a rotating locking closed bolt.

Purpose/Authorized Uses: Officers may deploy the rifle in any circumstance within Redding Police Department Policies on Use of Force and Firearms.

Fiscal Impacts: None. Obtained through the Defense Reutilization Marketing Office (DRMO) program.

Legal/Procedural Rules Governing Use: All applicable State, Federal and Local laws governing police use of force. Various Redding Police Department Policies on Use of Force and Firearms.

Other: These rifles are assigned to Redding Police Department officers assigned to patrol and detectives.

Packet Pg. 112 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Section 10 - Specialized firearms and ammunition of less than .50 caliber, including firearms and accessories identified as assault weapons in Penal Code § 30510 and Penal Code § 30515, with the exception of standard-issue firearms.

CA Gov’t Code § 7070 (c)(10)
Equipment Name: PWS MK1 .223 rifle
Quantity Owned: 18
Lifespan: 10 years
Equipment Capabilities: The PWS MK1 rifle is a semi-automatic rifle defined in sections 30510 and 30515 of the Penal Code.

Manufacturer Product Description: The PWS MK1 is a magazine fed, gas/piston operated rifle available in .223 caliber and fires from a rotating locking closed bolt.

Purpose/Authorized Uses: Officers may deploy the rifle in any circumstance within Redding Police Department Policies on Use of Force and Firearms.

Fiscal Impacts: $1,250 per rifle. Department budget purchase in 2018.

Legal/Procedural Rules Governing Use: All applicable State, Federal and Local laws governing police use of force. Various Redding Police Department Policies on Use of Force and Firearms.

Other: These specific rifles are assigned to Redding Police Department SWAT Team.

Packet Pg. 113 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Section 10 - Specialized firearms and ammunition of less than .50 caliber, including firearms and accessories identified as assault weapons in Penal Code § 30510 and Penal Code § 30515, with the exception of standard-issue firearms.

CA Gov’t Code § 7070 (c)(10)
Equipment Name: Bushmaster XM15-E25 .223 rifle
Quantity Owned: 5
Lifespan: 10+ years
Equipment Capabilities: The Bushmaster XM15-E25 rifle is a semi-automatic rifle defined in sections 30510 and 30515 of the Penal Code.

Manufacturer Product Description: The Bushmaster XM15-E25 is a magazine fed, gas operated rifle available in .223 caliber and fires from a rotating locking closed bolt.

Purpose/Authorized Uses: Officers may deploy the rifle in any circumstance within Redding Police Department Policies on Use of Force and Firearms.

Fiscal Impacts: Approximately $900 per rifle for original purchase from Department Budget. No fiscal impact in future.

Legal/Procedural Rules Governing Use: All applicable State, Federal and Local laws governing police use of force. Various Redding Police Department Policies on Use of Force and Firearms.

Other: These specific rifles are assigned to Redding Police Department SWAT Team.

Packet Pg. 114 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Section 10 - Specialized firearms and ammunition of less than .50 caliber, including firearms and accessories identified as assault weapons in Penal Code § 30510 and Penal Code § 30515, with the exception of standard-issue firearms.

CA Gov’t Code § 7070 (c)(10)
Equipment Name: CMMG AR-10 carbine rifle
Quantity Owned: 1
Lifespan: 10+ years
Equipment Capabilities: The CMMG AR-10 carbine rifle is a semi-automatic rifle defined in sections 30510 and 30515 of the Penal Code.

Manufacturer Product Description: The CMMG AR-10 carbine is a magazine fed, inertia/recoil operated rifle available in .308 caliber and fires from a closed chamber.

Purpose/Authorized Uses: This rifle is specifically assigned to the SWAT Team and may be deployed in any circumstance within Redding Police Department Policies on Use of Force, SWAT, and Firearms.

Fiscal Impacts: No cost. Rifle was obtained in 2016 – evidence firearm and retained per 34005(b) PC.

Legal/Procedural Rules Governing Use: All applicable State, Federal and Local laws governing police use of force. Various Redding Police Department Policies on Use of Force and Firearms.

Other: This specific rifle is assigned to Redding Police Department SWAT Team.

Packet Pg. 115 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Section 10 - Specialized firearms and ammunition of less than .50 caliber, including firearms and accessories identified as assault weapons in Penal Code § 30510 and Penal Code § 30515, with the exception of standard-issue firearms.

CA Gov’t Code § 7070 (c)(10)
Equipment Name: H&K MP-5 Submachine Gun 9mm
Quantity Owned: 1
Lifespan: 10+ years
Equipment Capabilities: The H&K MP-5 is a select fire submachine gun utilized by the Redding Police SWAT Team in the 1990’s and early 2000’s, prior to the move to the AR platform. The firearm is not deployed by the SWAT Team.

Manufacturer Product Description: The H&K MP-5 Carbine is a magazine fed, gas operated submachine gun available in 9mm caliber and fires from a closed chamber.

Purpose/Authorized Uses: This rifle is specifically assigned to the SWAT Team and may be deployed in any circumstance within Redding Police Department Policies on Use of Force, SWAT, and Firearms.

Fiscal Impacts: Purchase with Department funds in 1990’s for SWAT. No fiscal impacts.

Legal/Procedural Rules Governing Use: All applicable State, Federal and Local laws governing police use of force. Various Redding Police Department Policies on Use of Force and Firearms.

Other: This specific rifle is assigned to Redding Police Department SWAT Team.

Packet Pg. 116 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Section 10 - Specialized firearms and ammunition of less than .50 caliber, including firearms and accessories identified as assault weapons in Penal Code § 30510 and Penal Code § 30515, with the exception of standard-issue firearms.

CA Gov’t Code § 7070 (c)(10)
Equipment Name: Loyal 9 Manufacturing M4-EX03
Quantity Owned: 60
Lifespan: 10+ years
Equipment Capabilities: The Loyal 9 M4-EX03 is a semi-automatic rifle defined in sections 30510 and 30515 of the Penal Code.

Manufacturer Product Description: The Loyal 9 M4-EX03 is a magazine fed, gas operated rifle available in .223 caliber and fires from a rotating locking closed bolt.

Purpose/Authorized Uses: Officers may deploy the rifle in any circumstance within Redding Police Department Policies on Use of Force and Firearms.

Fiscal Impacts: Purchased on April 4, 2022 with Department budget, approved by council on March 15, 2022. Cost - $83,976.75. No fiscal impact in future.

Legal/Procedural Rules Governing Use: All applicable State, Federal and Local laws governing police use of force. Various Redding Police Department Policies on Use of Force and Firearms.

Other: These rifles will replace the patrol rifles obtained with the Defense Reutilization Marketing Office (DRMO) program. The 57 DRMO rifles will be returned and no longer used by our Department.

Packet Pg. 117 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Section 10 - Specialized firearms and ammunition of less than .50 caliber, including firearms and accessories identified as assault weapons in Penal Code § 30510 and Penal Code § 30515, with the exception of standard-issue firearms.

CA Gov’t Code § 7070 (c)(10)
Equipment Name: Ammunition .223 and .308 Caliber
Quantity Owned:

Caliber: .223
Brand / Grain: Federal / 55
Quantity: 10,720
Caliber: .223
Brand / Grain: Hornady / 55 Tap Urban
Quantity: 380
Caliber: .223
Brand / Grain: Hornady / 55 FMJ Training
Quantity: 6,200
Caliber: .223
Brand / Grain: Federal / 55 Frangible
Quantity: 100
Caliber: .308
Brand / Grain: Federal Tactical / 168
Quantity: 1,300
Caliber: .308
Brand / Grain: Federal Bonded / 168
Quantity: 460
Lifespan: 10+ years
Equipment Capabilities: Ammunition used for the AR-15 style carbine rifle defined in sections 30510 and 30515 of the Penal Code.

Manufacturer Product Description:

Federal American Eagle Ammunition is designed specifically for targetshooting, training and practice. This ammo is loaded to the same specifications as Federal's Premium loads, but at a more practical price for economical practicing. This ammunition is new production in reloadable brass cases.

Hornady TAP Urban .223 duty ammunition features a 55 grain match grade, polymer tipped, fragmenting bullet. The cartridge offers high velocity and performance similar to that of other polymer tipped Hornady Packet Pg. 118 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) .223 bullets. The cartridge has a match grade brass composite shell casing and a small rifle, staked primer pocket.

Federal Premium Law Enforcement BallistiClean .223 Remington 55 grain Frangible RHT Lead-Free 20/Box features a lead-free, Reduced Hazard Training (RHT) frangible bullet, built for high volume, close quarters tactical training. The frangible bullet does not expand and is made to break apart into small fragments on impact with hard targets, greatly reducing ricochet. This ammunition is new production, non-corrosive, boxer primed, in reloadable brass cases.

Custom made for your Urban Rifle, Tactical® TRU® was specifically designed for use in semi-automatic rifles or "Urban Rifles," such as variants of the M-16 or AR-15. TRU bullets are specifically engineered, ranging from fragmenting designs for tactical entry to deeper penetrating bullets for patrol. This is particularly important in today's urban settings.

Federal Cartridge .308 Win Tactical Bonded Tip 168 Grain Duty Ammunition is made exclusively for law enforcement and achieves accuracy and terminal performance unmatched by any other ammunition.

Designed to defeat the toughest barriers with minimal deflection, Tactical Bonded Tip ammo has quickly become the choice for some of the most intense conditions.

Purpose/Authorized Uses: Ammunition used for the AR-15 style carbine rifle defined in sections 30510 and 30515 of the Penal Code.

Fiscal Impacts: $10,000 annually.

Legal/Procedural Rules Governing Use: All applicable State, Federal and Local laws governing police use of force. Various Redding Police Department Policies on Use of Force and Firearms.

Training Required: Ammunition used for the AR-15 style carbine rifle defined in sections 30510 and 30515 of the Penal Code.

Other: None.

Packet Pg. 119 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Section 12 - “Flashbang” grenades and explosive breaching tools, “tear gas,” and “pepper balls,” excluding standard, service-issued handheld pepper spray.

CA Gov’t Code § 7070 (c)(12)
Equipment Name: CS Gas systems
Quantity Owned:

Deftech Spede Heat CS – 18
Deftech 40mm Ferret Round CS – 2
Deftech 12-gauge Ferret Round CS – 70
CTS 5230B Launchable CS – 38
CTS 5230 Non-Launchable CS – 15
CTS 5230JL – 12
CLEAROUT Tear Gas Grenade – (5) 2 oz. and (3) 6 oz.

Deftech 40mm Launcher – 1
Remington 870 Launcher – 4
Lifespan: 5 years on CS gas
10+ years on launchers
Equipment Capabilities: The use of CS gas causes mucous membranes and exposed skin to become inflamed resulting in a burning sensation. It provides a temporary respiratory effect and induces discomfort on exposed skin.

Manufacturer Product Description:

The Spede-Heat™ CS/Kinetic: a high volume, continuous burn it expels its payload in approximately 20-40 seconds. The payload is discharged through four gas ports on top of the canister, three on the side and one on the bottom. This launchable grenade is 6.12 in. by 2.62 in. and holds approximately 2.9 oz. of active agent.

The Ferret® 40mm and 12-gauge round: non-burning and suitable for indoor use. Used primarily by tactical teams, it is designed to penetrate barriers, such as windows, hollow core doors, wallboard and thin plywood. Upon impacting the barrier, the nose cone ruptures and instantaneously delivers a small chemical payload inside of a structure or vehicle. In a tactical deployment situation, the Ferret is primarily used to dislodge barricaded subjects from confined areas. Its purpose is to minimize the risks to all parties through pain compliance, temporary discomfort and/or incapacitation of potentially violent or dangerous subjects.

CTS 5230B CS Baffled Canister: Pyrotechnic grenade designed for indoor use delivering a maximum amount of irritant smoke throughout multiple rooms with minimal risk of fire. Launchable.

Packet Pg. 120 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) CTS 5230 CS Canister: Large diameter burning grenade that discharges a high volume of smoke and chemical agent through multiple emission ports. Specifically for outdoor use and should not be deployed on rooftops, in crawl spaces or indoors due to potential fire hazard. Can be hand thrown or launched.

Discharge duration can reach up to 40 seconds.

CTS 5230JL CS Canister: A large diameter burning grenade designed to discharge a high volume of smoke and chemical agent rapidly through multiple emission ports. The smoke composition is formulated to burn rapidly decreasing the possibility that the grenade can be picked up and thrown back at crowd management officers. The Jet-Lite should not be deployed on rooftops, in crawl spaces or indoors due to fire producing capability. Can be hand thrown or launched.

Deftech 40mm Launcher - The 40LMTS is a tactical single shot launcher that features an expandable ROGERS Super Stoc and an adjustable Integrated Front Grip (IFG) with light rail. The ambidextrous Lateral Sling Mount (LSM) and QD mounting systems allow both a single- and two-point sling attachment. The 40LMTS will fire standard 40mm less lethal ammunition, up to 4.8 inches in cartridge length. The Picatinny Rail Mounting System will accept a wide array of enhanced optics/sighting systems.

CLEAROUT grenade - delivers enough CS to reach incapacitating level established by military tests to an area of 23,000 cubic feet (1,700 cubic meters) with an equal amount of OC. Recent tests of OC alone have established its effectiveness though no incapacitating concentration has been determined.

Shotgun Launcher - Starting with a receiver machined from an 8 ½ – pound billet of steel might not be the easiest way to build a shotgun, but the end result is well worth the extra effort. No other pump shotgun can match the Model 870's strength and smooth, effortless operation. Its legendary reliability is the heart of its popularity, as evidenced by the more than 13 million outdoorsmen, law enforcement officers, competitive shooters and home defenders who have chosen the never-say-die pump gun since its introduction in 1950. That same reliability has made the Model 870 one of the most adaptable shotgun designs ever, and the best-selling shotgun of all time.

Purpose/Authorized Uses: Utilized during confrontations with violent or potentially violent suspects as a less lethal option to assist with the dispersal of violent crowds and/or arrest of suspects.

Fiscal Impacts: Approximately $5,000 annually.

Legal/Procedural Rules Governing Use: The use of this equipment is governed by Redding Police Department Policy 407.7.2(b).

Training Required: Specialized training as deemed by the SWAT Commander and CA POST certified Department chemical agent instructors.

Other: Recognizing that the missions of the SWAT Team are performed in a hazardous environment, and recognizing that the safety of innocent persons, officers, and suspects is often jeopardized by the hazardous conditions, it shall be the intent of SWAT to utilize special equipment in an attempt to lessen the risk of injury or death to all involved during the performance of a SWAT operation. The SWAT Commander will ensure that only those team members properly trained and certified in the use of the special equipment will utilize the equipment.

Packet Pg. 121 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Section 12 - “Flashbang” grenades and explosive breaching tools, “tear gas,” and “pepper balls,” excluding standard, service-issued handheld pepper spray.

CA Gov’t Code § 7070 (c)(12)
Equipment Name: CTS and DTS Diversionary Device
Quantity Owned/Sought:

CTS Mini Diversionary Device – 74
CTS Low Roll Device - 12
CTS Training Diversionary Device Fuse – 79
Lifespan: 5 years
Equipment Capabilities: The use of this device is to create a light/sound diversion during critical incidents.

The device utilizes a loud bang and emits a bright light made to disorient the suspect(s).

Manufacturer Product Description: The diversionary device utilizes a M201A1 type fuse with a single use aluminum body. This compact unit is designed around a 6.5-gram water resistant charge, capable of producing an effective, yet reduced 162dB stimuli. Its size and shape are industry familiar and allow it to fit in standard tactical pouches. The device should only be deployed in areas that have been visually observed to be clear of potential hazards. It is recommended that the immediate area for deployment be visually affirmed to be clear of personnel and that the device is delivered so that the ports are free from obstruction. If the bottom ports are obstructed by an object or wall, the device body may move. The cleared area for deployment should be 5 - 6 feet around which the device is expected to come to rest.

Purpose/Authorized Uses: Used during critical incidents as a diversionary device to disorient and illuminate suspects.

Fiscal Impacts: Department budget – approximately $700 annually.

Legal/Procedural Rules Governing Use: The use of flashbangs is governed by Redding Police Department Policy 404.

Training Required: Specialized training as deemed by the SWAT Commander and CA POST certified Department Diversionary Device Instructors.

Packet Pg. 122 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Section 14 - The following projectile launch platforms and their associated munitions: 40mm projectile launchers, “bean bag,” rubber bullet, and specialty impact munition (SIM) weapons.

CA Gov’t Code § 7070 (c)(14)
Equipment Name: Deftech 40 mm kinetic energy launcher and Deftech/CTS projectiles Quantity Owned:

Deftech 40mm Launcher – 1
Deftech, eXact iMpact Sponge 40mm – 20
CTS-4557, Foam Baton 40mm - 41
Lifespan: 10 years
Equipment Capabilities: This Department is committed to reducing the potential for violent confrontations. Kinetic energy projectiles, when used properly, are less likely to result in death or serious physical injury and can be used in an attempt to de-escalate a potentially deadly situation.

Department approved kinetic energy projectiles are fired from 40 mm launchers.

Manufacturer Product Description:

The 40LMTS is a tactical single shot launcher that features an expandable ROGERS Super Stoc and an adjustable Integrated Front Grip (IFG) with light rail. The ambidextrous Lateral Sling Mount (LSM) and QD mounting systems allow both a single- and two-point sling attachment. The 40LMTS will fire standard 40mm less lethal ammunition, up to 4.8 inches in cartridge length. The Picatinny Rail Mounting System will accept a wide array of enhanced optics/sighting systems.

The eXact iMpact™ 40 mm Sponge Round is a point-of-aim, point-of-impact direct-fire round. This lightweight, high-speed projectile consisting of a plastic body and sponge nose that is spin stabilized via the incorporated rifling collar and the 40 mm launcher’s rifled barrel. The round utilizes smokeless powder as the propellant, and, therefore, have velocities that are extremely consistent. Used for Crowd Control, Patrol, and Tactical Applications.

The CTS-4557 Sponge Baton is a spin-stabilized projectile delivering blunt trauma effect. Although it is extremely accurate and consistent, accuracy is dependent on the launcher, using open sights vs. an improved sight, environmental conditions, and the operator. Effectiveness depends on many variables, such as distance, clothing, stature, and the point where the projectile impacts.

Purpose/Authorized Uses: A sworn peace officer may utilize the Kinetic Energy Projectile in the discharge of his/her duties when other options have been exhausted, are ineffective, or are inappropriate during attempts to control or subdue combative or violent individuals and the use of deadly force can be forestalled.

The Kinetic Energy Projectile shall be used with discretion and care in circumstances which permit the lawful use of lethal or less lethal force.

Fiscal Impacts: $809.75 per 40mm launcher and $18.35 per 40mm projectile Packet Pg. 123 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) Legal/Procedural Rules Governing Use: The use of 40mm kinetic energy projectile is governed by Redding Police Department Policy 302.

Training Required: The SWAT Commander shall ensure that all personnel who are authorized to carry a 40mm control device have been properly trained and certified to carry the specific control device and are retrained or recertified as necessary.

Proficiency training shall be monitored and documented by a certified, control-device weapons instructor.

All training and proficiency for control devices will be documented.

Other: 40mm kinetic energy projectile launcher and projectiles are assigned to the Redding Police Department SWAT Team.

Packet Pg. 124 Attachment: ^Policy 707 (4(d)--Adopt Ordinance No. 2669) 777 CYPRESS AVE, REDDING CA. 96001 | WWW.reddingpolice.org

REDDING POLICE DEPARTMENT
ANNUAL

MILITARY EQUIPMENT INVENTORY
REPORT
Dates Revised
May 8, 2024
May 30, 2023
April 6, 2022
Packet Pg. 125 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 2 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024)

TABLE OF CONTENTS

INTRODUCTION
SUMMARY OF DEPARTMENT OWNED MILITARY EQUIPMENT:

SECTION 1 – UNMANNED, REMOTELY PILOTED, POWERED AERIAL OR GROUND VEHICLES SECTION 3 – HIGH MOBILITY MULTIPURPOSE WHEELED VEHICLES (HMMWV), TWO-AND-ONEHALF-TON TRUCKS, FIVE-TON TRUCKS, OR WHEELED VEHICLES THAT HAVE A BREACHING OR ENTRY APPARATUS ATTACHED.

SECTION 5 – COMMAND AND CONTROL VEHICLES THAT ARE EITHER BUILT OR MODIFIED TO FACILITATE THE OPERATIONAL CONTROL AND DIRECTION OF PUBLIC SAFETY UNITS.

SECTION 7 – BATTERING RAMS, SLUGS, AND BREACHING APPARATUSES THAT ARE EXPLOSIVE IN NATURE.

SECTION 8 & 9 – FIREARMS AND AMMUNITION OF .50 CALIBER OR GREATER.

SECTION 10 – SPECIALIZED FIREARMS AND AMMUNITION OF LESS THAN .50 CALIBER.

SECTION 12 – “FLASHBANG” GRENADES AND EXPLOSIVE BREACHING TOOLS, “TEAR GAS,” AND “PEPPER BALLS.”
SECTION 14 – 40MM PROJECTIVE LAUNCHERS, “BEAN BAG,” RUBBER BULLET, AND SPECIALTY IMPACT MUNITIONS (SIM) WEAPONS.

Packet Pg. 126 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 3 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024)

UNMANNED AERIAL SYSTEMS (UAS)
CA GOVERNMENT CODE § 7070 (c)(1): Unmanned, remotely piloted, powered aerial or ground vehicles.

EQUIPMENT CAPABILITIES: Remotely piloted aerial vehicle capable of providing live and recorded video images captured from aerial positions, including images enhanced by Forward Looking Infrared (FLIR), thermal, and optical zoom lenses.

FISCAL IMPACTS:

Costs associated with replacement/repair of equipment is approximated at $5,000; the price of the UAS is based upon each specific model. The most expensive UAS is the Matrice 300 with a cost of approximately $35,000 for all attachments, cameras, etc.

The allotted annual Redding Police Department UAS budget is $20,000. In year 2023-24 Approximately $11,000 of funding was spent. Two smaller DJI Avatas drones were newly purchased for $6,650 combined.

LEGAL & PROCEDURAL RULES GOVERNING USE: The use of UAS is in accordance with Redding Police Department Policy 606 and Federal Aviation Administration (FAA) Regulations.

PURPOSE & AUTHORIZED USES: Unmanned aerial systems may be utilized to enhance the Redding Police Department’s mission of protecting lives and property when other means and resources are not available or are less effective. Any use of a UAS will be in strict accordance with constitutional and privacy rights and Federal Aviation Administration (FAA) regulations.

TRAINING REQUIRED: UAS will only be operated on deployment by department personnel who possess a valid Remote Pilot Certificate and have received department approved training in operation, applicable laws, policies, and procedures regarding the use of the UAS.

OTHER: UAS consistently improve and advance from year to year. There may be times when equipment becomes available that are imperative for successfully operating the fleet while technology becomes obsolete.

PRODUCTS IN UAS FLEET & DESCRIPTION: The following make up the UAS fleet for the Redding Police Department. All products are manufactured by DJI and include commercial-grade and civilian models. Commonly used by construction and utility companies for the inspection of buildings, powerlines, windmills and other infrastructure. All UAS are battery powered, remote operated devices. Operators utilize a handheld controller to control UAS and view live feed from UAS-mounted camera. Flight time varies by model, but average approximately 30 minutes per battery, depending on weather and flight conditions. The UAS has also proven to be useful to public safety agencies in firefighting, search and rescue, pre-operational surveillance, and other tactical situations where aerial views enhance the safety and efficiency of law enforcement and fire personnel. The Redding Police Department utilizes the following UAS models:

Packet Pg. 127 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 4 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024) DJI MATRICE 210(S)
QUANTITY 2 UNITS
LIFESPAN 5+ YEARS
2023-24 COST GENERAL MAINTENANCE

REMARKS SEE SUMMARY BELOW
DJI MATRICE 300(S)
QUANTITY 2 UNITS
LIFESPAN 5+ YEARS
2023-24 COST GENERAL MAINTENANCE

REMARKS SEE SUMMARY BELOW
DJI MAVIC 2(S)
QUANTITY 3 UNITS
LIFESPAN 5+ YEARS
2023-24 COST GENERAL MAINTENANCE

REMARKS SEE SUMMARY BELOW
DJI PHANTOM 4(S)
QUANTITY 1 UNIT
LIFESPAN 5+ YEARS
2023-24 COST GENERAL MAINTENANCE

REMARKS SEE SUMMARY BELOW
Packet Pg. 128 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 5 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024)

DJI SPARK
QUANTITY 1 UNIT
LIFESPAN 5+ YEARS
2023-24 COST GENERAL MAINTENANCE

REMARKS SEE SUMMARY BELOW

DJI MAVIC MINI(S)
QUANTITY 2 UNITS
LIFESPAN 5+ YEARS
2023-24 COST GENERAL MAINTENANCE

REMARKS SEE SUMMARY BELOW

DJI AVATAS
UAS DEPLOYMENT SUMMARY:

REMARKS 20 DEPLOYMENTS IN 2023-24
- 2 INVESTIGATIONS
- 1SEARCH & ARREST WARRANTS
- 5 CRIME SCENE DOCUMENTATION
- 2 SUSPECT SEARCHES
- 3 COMMUNITY CLEANUP OPERATIONS
- 3 SPECIAL EVENTS/DEMOS
- 3 SWAT OPERATIONS
- 1 MISSING PERSON INVESTIGATION
QUANTITY 2 UNITS
LIFESPAN 5+ YEARS
2023-24 COST $6,650 FOR NEW PURCHASE

REMARKS SEE SUMMARY BELOW
Packet Pg. 129 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 6 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024) LENCO BEARCAT G2
CA GOVERNMENT CODE § 7070 (c)(3): High mobility multipurpose wheeled vehicles (HMMWV), two-and-one-half-ton trucks, five-ton trucks, or wheeled vehicles that have a breaching or entry apparatus attached.

EQUIPMENT CAPABILITIES: The vehicle is equipped with emergency lights/sirens, rotating roof hatch, running boards, protection against chemical agents, back-up camera, battering ram attachment, and spot/flood lights. The vehicle is armored with a 0.5 – 1.5” thick steel and ballistic windows rated to stop a .50 caliber bullet.

FISCAL IMPACTS: The cost of the BearCat G2 was approximately $309,035 which was purchased in 2019 by the Hilltop Business Group for the City of Redding. The cost to maintain the Bearcat is approximately $2,500 annually in the form of general maintenance and equipment.

LEGAL & PROCEDURAL RULES GOVERNING USE: The use of the Lenco BearCat G2 is governed by Redding Police Department Policy 706.

PURPOSE & AUTHORIZED USES: The BearCat is primarily used for Special Weapons and Tactics (SWAT) Team incidents, safe transport of SWAT personnel to and from critical incidents, high risk warrant service operations, dangerous high-risk tactical operations, high risk rescue operations, training, community engagement efforts and any other applications deemed appropriate and approved by the SWAT Commander, Division Commander or Chief of Police.

TRAINING REQUIRED: Officers are to be trained in the operation of the BearCat prior to use.

Training requirements will be set by the SWAT Commander and will include knowledge of the listed policy, rules of the road and basic knowledge of electronic/mechanical functions on the vehicle. The training will also include a driving exercise. SWAT personnel will receive advanced training and are expected to maintain a higher level of operational knowledge and expertise.

Only Redding Police Department personnel who have completed training and possess a valid California Driver’s License will be authorized to drive/operate the BearCat, unless a delayed deployment of the BearCat would result in serious bodily injury or death.

The SWAT Commander, or his/her designee, is responsible for training officers on proper use, driving techniques and ensuring the vehicle is properly serviced and maintained.

MANUFACTURER PRODUCT DESCRIPTION: The Lenco BearCat is the standard tactical armored vehicle for special operations units within the US Law Enforcement community. Since the early 2000s, agencies such as LAPD, LASD SEB, NYPD ESU, Boston PD and hundreds of Federal, State and Local Law Enforcement agencies have made the BearCat part of their standard operating procedure. The G2 has excellent on-road driving characteristics and maneuverability in tight urban settings. The large floor plan seats 10 – 12 fully equipped officers.

OTHER: The vehicle is designed to meet the tactical needs of law enforcement agencies tasked with responding to acts of violence and/or terrorism.

Packet Pg. 130 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 7 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024) QUANTITY 1
LIFESPAN 15+ YEARS
2023-24 COST LESS THAN $2,500 IN MAINTENANCE
REMARKS 17 DEPLOYMENTS IN 2023-24
- 6 PATROL RESPONSES
- 7 PUBLIC EVENTS
- 3 SWAT OPERATIONS
- 1 OUT OF COUNTY REQUESTS

MOBILE COMMAND VEHICLE (MCV)
CA GOVERNMENT CODE § 7070 (c)(5): Command and control vehicles that are either built or modified to facilitate the operational control and direction of public safety units.

EQUIPMENT CAPABILITIES: The mobile command vehicle provides mobile, remote access to radio, internet planning and operational resources to assist with the command and control of major incidents and other planned operations. The vehicle also has the capability to dispatch officers and firefighters, as well as receive emergency calls.

FISCAL IMPACTS: The initial costs of the MCV was approximately $560,040 which was purchased in 2021 with funding from the Redding Electric Utility Wildfire Mitigation Plan. The cost to maintain the mobile command vehicle is approximately $12,000 annually in the form of general maintenance, equipment and storage.

LEGAL & PROCEDURAL RULES GOVERNING USE: Redding Police Department allows the use of the MCV with the approval of the Division Commander. A Class C license is required to drive the vehicle.

PURPOSE & AUTHORIZED USES: The MCV can be deployed for any fire, police, and/or utility incidents which it would be deemed beneficial to do so.

TRAINING REQUIRED: A Class C license is required to drive the vehicle. The Redding Police Department supervisor assigned to the MCV will ensure operators are trained in the operation and functions of the MCV. Trained personnel will operate the MCV and will be assigned to the vehicle during operations to facilitate its operation.

Packet Pg. 131 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 8 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024) MANUFACTURER PRODUCT DESCRIPTION: The City of Redding Mobile Command Vehicle was built in conjunction with the Redding Fire Department, Redding Police Department, and Redding Electric Utility as a unified command vehicle but can also alternate between fire, police, and utility for department specific missions. The vehicle was custom built by LDV Manufacturing in Wisconsin in 2021.

OTHER: The MCV is not a tactical vehicle but rather a multi-purpose vehicle to help facilitate command and control during field incidents in the City of Redding. The vehicle does not have any armor nor isit deployed in such a manner as to be used in such a way. The vehicle is to be deployed at the periphery of a tactical incident if one such arises.

ENERGETIC EXPLOSIVE BREACHING
CA GOVERNMENT CODE § 7070 (c)(7): Battering rams, slugs, and breaching apparatuses that are explosive in nature. This does not include a handheld, one-person ram.

EQUIPMENT CAPABILITIES: Energetic breaching is used to gain rapid access to a room or structure when an emergent law enforcement need exists. All efforts are made to minimize the amount of energetics applied to a target, while still achieving a positive breach. Energetic breaching materials are used to make breaching charges of various shapes and strength which are QUANTITY 1
LIFESPAN 15+ YEARS
2023-24 COST APPROXIMATELY $12,000 IN STORAGE,

MAINTENANCE AND SERVICES
REMARKS 5 DEPLOYMENTS IN 2023-24
- 4 PUBLIC EVENTS
- 1 SWAT OPERATION
Packet Pg. 132 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 9 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024) specifically designed for the target. The materials release gasses, heat, and light when initiated.

The pressure from the gasses released presses against mediums and/or the target to cause the structure of the target to fail for a successful breach. Breaching charges are specially designed to cause structural failure of the desired target. Various types, configurations, and energetic weights are maintained for use, as needed.

FISCAL IMPACTS: Initial startup was funded by department SWAT budget – estimated $2,500.

Future fiscal impact: 25 grain detonation cord, 50 grain detonation cord, blasting caps and percussion primers – approximately $2,000 to $3000 per year. In 2023-2024 there was no cost to the explosive breaching program.

LEGAL & PROCEDURAL RULES GOVERNING USE: Explosive breaching is commanded by the SWAT Commander and procedures are outlined under Redding Police Department Policy 404.

Explosive breaching may only occur after authorization by the SWAT Commander in the field, and during training exercises.

PURPOSE & AUTHORIZED USES:It is the standard operating procedure of the Redding Police Department Special Weapon and Tactics (SWAT) Team to utilize a SWAT team member or member of the Shasta County Bomb Team who has attended the necessary training required to provide the option of explosive breaching. Explosive breaching is a SWAT Team tactical option and can be employed when a rapid entry is critical to the success of the SWAT mission.

Explosive breaching should only be considered after other reasonable methods or procedures have been exhausted or deemed inappropriate. Explosive breaching can provide a sufficient tactical advantage which should also be considered to justify its use. An explosive breach should be viewed as a breaching tool to be used in dangerous situations with minimal risk to officers and occupants of target structures. Explosive breaching techniques may not be appropriate in all breaching situations. An explosive breach should not be employed in the following circumstances:
a. The construction of walls, doors or the building is not known. b. The location of the occupants/victims is not known.
c. There is a known presence of unstable chemicals or other incendiary materials.

TRAINING REQUIRED: Explosive breaching personnel shall train with SWAT at minimum two times annually and often enough to be proficient in the practice of explosive breaching. All explosive breaching personnel shall attend a certified breaching school.

MANUFACTURER PRODUCT DESCRIPTION: The detonating cord is a thin, flexible plastic tube usually filled with pentaerythritol tetranitrate (PETN, pentrite). With the PETN exploding at a rate of approximately 6400 m/s, any common length of detonation cord appears to explode instantaneously. It is a high-speed fuse which explodes, rather than burns, and is suitable for detonating high explosives.

A blasting cap is a small sensitive primary explosive device generally used to detonate a larger, more powerful and less sensitive secondary explosive such as TNT, dynamite, or plastic explosive.

Blasting caps come in a variety of types, including non-electric caps, electric caps, and fuse caps.

Packet Pg. 133 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 10 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024) OTHER: Explosive breaching is utilized only by the Redding Police Department SWAT Team.

QUANTITY 629 FEET OF DETONATING CORD
(50 GRAINS PER FOOT)
61 BLASTING CAPS
33 PERCUSSION PRIMERS

4.9 POUNDS OF SHEET EXPLOSIVE
LIFESPAN 5 YEARS
2023-24 COST $0
REMARKS NO DEPLOYMENTS, 2 TRAININGS
REMINGTON BREACHING SHOTGUN MODEL 870, 12–GAUGE &

AMMUNITION
CA GOVERNMENT CODE § 7070 (c)(7): Battering rams, slugs, and breaching apparatuses that are explosive in nature. This does not include a handheld, one-person ram.

EQUIPMENT CAPABILITIES: To quickly force entry through locked and/or barricaded doors, the department authorizes the use of the breaching shotgun. The use of the breaching shotgun allows officers to defeat doors that mechanical breaching tools would normally be unable to open.

The primary function of the breaching shotgun is for forcing entry. Although the breaching shotgun is a firearm, it has been modified for breaching purposes. Additionally, the selected ammunition is frangible and designed to defeat door locks and hinges.

FISCAL IMPACTS: Less than $250 annually funded by the department SWAT budget.

LEGAL & PROCEDURAL RULES GOVERNING USE: The use of the breaching shotgun is governed by Redding Police Department Policy 404.

PURPOSE & AUTHORIZED USES: When a decision has been made to conduct an emergency entry, the breaching shotgun may only be used when it appears reasonably necessary to prevent death or great bodily injury. Officers are also required to obtain the approval of a supervisor unless the circumstances make it impractical to obtain authorization and/or delayed response would jeopardize the safety of citizens, officers or suspect(s).

TRAINING REQUIRED: The training for the use of the breaching shotgun is governed by Redding Police Department Policy 404. All training and proficiency for the breaching shotgun will be documented by the SWAT Commander.

Packet Pg. 134 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 11 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024) MANUFACTURER PRODUCT DESCRIPTION: Starting with a receiver machined from an 8 ½ – pound billet of steel might not be the easiest way to build a shotgun, but the end result is well worth the extra effort. No other pump shotgun can match the Model 870's strength and smooth, effortless operation. Its legendary reliability is the heart of its popularity, as evidenced by the more than 13 million outdoorsmen, law enforcement officers, competitive shooters and home defenders who have chosen the never-say-die pump gun since its introduction in 1950. That same reliability has made the Model 870 one of the most adaptable shotgun designs ever, and the best-selling shotgun of all time.

OTHER: Breaching shotguns are specifically assigned and utilized by the Redding Police Department SWAT Team.

QUANTITY 2 REMINGTON BREACHING SHOTGUNS
35 HORNADY ¾ OZ BREACHING ROUNDS
15 DEF TECH T.K.O.BREACHING ROUNDS
LIFESPAN 15 – 20 YEARS
2023-24 COST NO COST
REMARKS ONE DEPLOYMENT, 1 TRAINING
ARMALITE, AR-50A1 .50 CALIBER RIFLE & AMMUNITION
CA GOVERNMENT CODE § 7070 (c)(8) & § 7070 (c)(9): Firearms and ammunition of .50 caliber or greater, excluding standard-issue shotguns and standard-issue shotgun ammunition.

EQUIPMENT CAPABILITIES: The AR-50A1 rifle is a large caliber rifle that allows for specific uses by our SWAT Team. The capability of the large caliber allows for the penetration of ballistic, steel armor in a critical incident.

FISCAL IMPACTS: No cost. This rifle was obtained in 2010 via citizen forfeiture and retained per § 34005(b) of the Penal Code.

LEGAL & PROCEDURAL RULES GOVERNING USE: All applicable State, Federal and Local laws governing police use of force. Various Redding Police Department Policies on Use of Force, SWAT, and Firearms.

PURPOSE & AUTHORIZED USES: Use of the .50 caliber Sniper Rifle per Redding Police Packet Pg. 135 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 12 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024) Department Policy 404.
a. SWAT members must obtain SWAT Commander approval prior to training with the .50 caliber rifle. Training must be at sites approved by the SWAT Commander. b. The rifle should only be deployed by a crisis with SWAT Commander approval unless exigent circumstances justify an immediate deployment.
c. Only trained officers may deploy the rifle.

TRAINING REQUIRED: Training and qualification with the rifle will be the responsibility of the SWAT Commander. Only those SWAT members that have trained/qualified will deploy the rifle, when necessary.

MANUFACTURER PRODUCT DESCRIPTION: The AR-50A1 is a single shot bolt action rifle chambered for the powerful .50 BMG cartridge. The rifle features a unique octagonal receiver and utilizes ArmaLite's proprietary V-Channel chassis. Designed for the challenges of long-range shooting, the AR-50A1 is exceptionally accurate with a highly effective muzzle brake.

OTHER: This rifle is assigned to the Redding Police Department SWAT Team.

PWS MK1 .223 RIFLE
CA GOVERNMENT CODE § 7070 (c)(10): Specialized firearms and ammunition of less than .50 caliber, including firearms and accessories identified as assault weapons in Penal Code § 30510 and Penal Code § 30515, with the exception of standard-issue firearms.

EQUIPMENT CAPABILITIES: The PWS MK1 rifle is a semi-automatic rifle defined in § 30510 and § 30515 of the Penal Code.

FISCAL IMPACTS: Approximately $1,250 per rifle purchased by the department budget in 2018.

LEGAL & PROCEDURAL RULES GOVERNING USE: All applicable State, Federal and Local laws governing police use of force. Various Redding Police Department Policies on Use of Force and Firearms.

QUANTITY 1 RIFLE
236 ROUNDS OF AMMUNITION .50 BMG
LIFESPAN 10 + YEARS
2023-24 COST NO COST

REMARKS NO DEPLOYMENTS OR TRAININGS
Packet Pg. 136 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 13 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024) PURPOSE & AUTHORIZED USES: Officers may deploy the rifle in any circumstance within Redding Police Department Policies on Use of Force and Firearms.

TRAINING REQUIRED: Officers must successfully complete a CA POST certified 16-hour patrol rifle course as well as regular department firearms training and qualifications as required by law and policy.

MANUFACTURER PRODUCT DESCRIPTION: The PWS MK1 is a magazine fed, gas/piston operated rifle available in .223 caliber and fires from a rotating locking closed bolt.

OTHER: These specific rifles are assigned to Redding Police Department SWAT Team.

QUANTITY 19 RIFLES
LIFESPAN 10 + YEARS
2023-24 COST NO COST

REMARKS N/A
PWS MK1 PRO LOWERS
CA GOVERNMENT CODE § 7070 (c)(10): Specialized firearms and ammunition of less than .50 caliber, including firearms and accessories identified as assault weapons in Penal Code § 30510 and Penal Code § 30515, with the exception of standard-issue firearms.

EQUIPMENT CAPABILITIES: The PWS MK1 Pro Lower is a semi-automatic rifle defined in § 30510 and § 30515 of the Penal Code.

FISCAL IMPACTS: Approximately $500 per rifle lower purchased by the department budget. No future fiscal impacts applicable.

LEGAL & PROCEDURAL RULES GOVERNING USE: All applicable State, Federal and Local laws governing police use of force. Various Redding Police Department Policies on Use of Force and Firearms.

PURPOSE & AUTHORIZED USES: Officers may deploy the rifle in any circumstance within Redding Police Department Policies on Use of Force and Firearms.

MANUFACTURER PRODUCT DESCRIPTION: The PWS MK1 is a magazine fed, gas/piston Packet Pg. 137 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 14 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024) operated rifle available in .223 caliber and fires from a rotating locking closed bolt.

OTHER: These specific rifles are assigned to Redding Police Department Traffic Unit and are modified to fit with their police motorcycles.

QUANTITY 5 RIFLES
LIFESPAN 10 + YEARS
2023-24 COST APPROXIMATELY $2,500

REMARKS N/A
CMMG AR-10 CARBINE RIFLE
CA GOVERNMENT CODE § 7070 (c)(10): Specialized firearms and ammunition of less than .50 caliber, including firearms and accessories identified as assault weapons in Penal Code § 30510 and Penal Code § 30515, with the exception of standard-issue firearms.

EQUIPMENT CAPABILITIES:The CMMG AR-10 carbine rifle is a semi-automatic rifle defined in § 30510 and § 30515 of the Penal Code.

FISCAL IMPACTS: No cost. This rifle was obtained in 2016 through evidence retention per § 34005(b) PC.

LEGAL & PROCEDURAL RULES GOVERNING USE: All applicable State, Federal and Local laws governing police use of force. Various Redding Police Department Policies on Use of Force and Firearms.

PURPOSE & AUTHORIZED USES: This rifle is specifically assigned to the SWAT Team and may be deployed in any circumstance within Redding Police Department Policies on Use of Force, SWAT, and Firearms.

MANUFACTURER PRODUCT DESCRIPTION: The CMMG AR-10 carbine is a magazine fed, inertia/recoil operated rifle available in .308 caliber and fires from a closed chamber.

OTHER: This specific rifle is assigned to Redding Police Department SWAT Team.

QUANTITY 1 RIFLE
Packet Pg. 138 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 15 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024) LIFESPAN 10 + YEARS
2023-24 COST NO COST

REMARKS N/A
LOYAL 9 MANUFACTURING M4-EX03
CA GOVERNMENT CODE § 7070 (c)(10): Specialized firearms and ammunition of less than .50 caliber, including firearms and accessories identified as assault weapons in Penal Code § 30510 and Penal Code § 30515, with the exception of standard-issue firearms.

EQUIPMENT CAPABILITIES: The Loyal 9 M4-EX03 is a semi-automatic rifle defined in § 30510 and § 30515 of the Penal Code.

FISCAL IMPACTS: Purchased on April 4, 2022 with department budget, approved by Redding City Council on March 15, 2022 for 60 rifles for a cost of $83,976.75. An additional purchase of 34 rifles was completed on October 24, 2023 for a cost $47,222.

LEGAL & PROCEDURAL RULES GOVERNING USE: All applicable State, Federal and Local laws governing police use of force. Various Redding Police Department Policies on Use of Force and Firearms.

PURPOSE & AUTHORIZED USES: Officers may deploy the rifle in any circumstance within Redding Police Department Policies on Use of Force and Firearms.

MANUFACTURER PRODUCT DESCRIPTION: The Loyal 9 M4-EX03 is a magazine fed, gas operated rifle available in .223 caliber and fires from a rotating locking closed bolt.

OTHER: These rifles replaced the patrol rifles obtained with the Defense Reutilization Marketing Office (DRMO) program. The 57 DRMO rifles were returned in 2022-2023.

Packet Pg. 139 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 16 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024) QUANTITY 94 RIFLES
LIFESPAN 10 + YEARS
2023-24 COST $47,222

REMARKS ASSIGNED TO ALL OFFICERS
AMMUNITION – .223 & .308
CA GOVERNMENT CODE § 7070 (c)(10): Specialized firearms and ammunition of less than .50 caliber, including firearms and accessories identified as assault weapons in Penal Code § 30510 and Penal Code § 30515, with the exception of standard-issue firearms.

EQUIPMENT CAPABILITIES: Ammunition used for the AR-15 style carbine rifle defined in § 30510 and § 30515 of the Penal Code.

FISCAL IMPACTS: Approximately $35,000 annually purchased with department budget.

LEGAL & PROCEDURAL RULES GOVERNING USE: All applicable State, Federal and Local laws governing police use of force. Various Redding Police Department Policies on Use of Force and Firearms.

PURPOSE & AUTHORIZED USES: Ammunition used for the AR-15 style carbine rifle defined in § 30510 and § 30515 of the Penal Code.

TRAINING REQUIRED: Officers attend a 16-hour Peace Officer Standards and Training (POST) Certified Rifle Course for deployment of department rifles and use of ammunition.

MANUFACTURER PRODUCT DESCRIPTION:

Federal American Eagle Ammunition is designed specifically for target shooting, training and practice. This ammo is loaded to the same specifications as Federal's Premium loads, but at a more practical price for economical practicing. This ammunition is new production in reloadable brass cases.

Packet Pg. 140 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 17 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024) CALIBER .223
BRAND / GRAIN FEDERAL / 55 GRAIN
QUANTITY 500 ROUNDS
2023-24 COST NONE
Hornady TAP Urban .223 duty ammunition features a 55-grain match grade, polymer tipped, fragmenting bullet. The cartridge offers high velocity and performance similar to that of other polymer tipped Hornady .223 bullets. The cartridge has a match grade brass composite shell casing and a small rifle, staked primer pocket.

CALIBER .223
BRAND / GRAIN HORNADY / 55 FMJ TRAINING
QUANTITY 19,000 ROUNDS
2023-24 COST $36,250
CALIBER .308
BRAND / GRAIN FEDERAL TACTICAL / 168 GRAIN
QUANTITY 4,250 ROUNDS
2023-24 COST $3,750
Federal Cartridge .308 Win Tactical Bonded Tip 168 Grain Duty Ammunition is made exclusively for law enforcement and achieves accuracy and terminal performance unmatched by any other ammunition. Designed to defeat the toughest barriers with minimal deflection, Tactical Bonded Tip ammo has quickly become the choice for some of the most intense conditions.

CALIBER .308
BRAND / GRAIN FEDERAL BONDED / 168 GRAIN
QUANTITY 220 ROUNDS
2023-24 COST $400
Packet Pg. 141 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 18 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024)

CS GAS SYSTEMS
CA GOVERNMENT CODE § 7070 (c)(12): “Flashbang” grenades and explosive breaching tools, “tear gas,” and “pepper balls,” excluding standard, service-issued handheld pepper spray.

EQUIPMENT CAPABILITIES: The use of CS gas causes mucous membranes and exposed skin to become inflamed resulting in a burning sensation. It provides a temporary respiratory effect and induces discomfort on exposed skin.

FISCAL IMPACTS: Approximately $5,000 annually purchased with department budget. In 2023- 2024 only $400 was spent on chemical agents.

LEGAL & PROCEDURAL RULES GOVERNING USE: The use of this equipment is governed by Redding Police Department Policy 407.7.2(b).

PURPOSE & AUTHORIZED USES: CS gas is utilized during confrontations with violent or potentially violent suspects as a less lethal option to assist with the dispersal of violent crowds and/or arrest of suspects.

TRAINING REQUIRED: Specialized training as deemed by the SWAT Commander and CA POST certified department chemical agent instructors.

OTHER: Recognizing that the missions of the SWAT Team are performed in a hazardous environment, and recognizing that the safety of innocent persons, officers, and suspects is often jeopardized by the hazardous conditions, it shall be the intent of SWAT to utilize special equipment in an attempt to lessen the risk of injury or death to all involved during the performance of a SWAT operation. The SWAT Commander will ensure that only those team members properly trained and certified in the use of the special equipment will utilize the equipment.

MANUFACTURER PRODUCT DESCRIPTIONS:

The Defense Technology Spede-Heat™ CS/Kinetic: a high volume, continuous burn it expels its payload in approximately 20-40 seconds. The payload is discharged through four gas ports on top of the canister, three on the side and one on the bottom. This launchable grenade is 6.12 in. by 2.62 in. and holds approximately 2.9 oz. of active agent.

BRAND DEF-TECH SPEDE-HEAT CS
QUANTITY 8
LIFESPAN 5 YEARS
Packet Pg. 142 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 19 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024) The Defense Technology Ferret® 40 mm and 12-gauge round: non-burning and suitable for indoor use. Used primarily by tactical teams, it is designed to penetrate barriers, such as windows, hollow core doors, wallboard and thin plywood. Upon impacting the barrier, the nose cone ruptures and instantaneously delivers a small chemical payload inside of a structure or vehicle. In a tactical deployment situation, the Ferret is primarily used to dislodge barricaded subjects from confined areas. Its purpose is to minimize the risks to all parties through pain compliance, temporary discomfort and/or incapacitation of potentially violent or dangerous subjects.

BRAND DEF-TECH 40 MM FERRET ROUND CS
DEF-TECH 12-GAUGE FERRET ROUND CS
QUANTITY 4 ROUNDS OF 40 MM
50 ROUNDS OF 12-GAUGE
LIFESPAN 5 YEARS
REMARKS 1 SWAT OPERATION DEPLOYMENT
CTS 5230B CS Baffled Canister: Pyrotechnic grenade designed for indoor use delivering a maximum amount of irritant smoke throughout multiple rooms with minimal risk of fire.

Launchable.

BRAND CTS 5230B LAUNCHABLE CS
QUANTITY 17
LIFESPAN 5 YEARS
CTS 5230 CS Canister: Large diameter burning grenade that discharges a high volume of smoke and chemical agent through multiple emission ports. Specifically, for outdoor use and should not be deployed on rooftops, in crawl spaces or indoors due to potential fire hazard. Can be hand thrown or launched. Discharge duration can reach up to 40 seconds.

BRAND CTS 5230 NON-LAUNCHABLE CS
QUANTITY 15
LIFESPAN 5 YEARS
CTS 5230JL CS Canister: A large diameter burning grenade designed to discharge a high volume of smoke and chemical agent rapidly through multiple emission ports. The smoke composition is formulated to burn rapidly decreasing the possibility that the grenade can be picked up and thrown back at crowd management officers. The Jet-Lite should not be deployed on rooftops, in crawl spaces or indoors due to fire producing capability. Can be hand thrown or launched.

Packet Pg. 143 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 20 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024) BRAND CTS 5230JL
QUANTITY 10
LIFESPAN 5 YEARS
CLEAROUT Tear Gas Grenade delivers enough CS to reach incapacitating level established by military tests to an area of 23,000 cubic feet with an equal amount of OC. Recent tests of OC alone have established its effectiveness though no incapacitating concentration has been determined.

BRAND CLEAROUT TEAR GAS GRENADE
QUANTITY 5 CANISTERS OF 2 OZ. & 4 CANISTERS OF 6 OZ.

LIFESPAN 5 YEARS
REMARKS 2 DEPLOYMENTS
Defense Technology 40 mm Launcher: The 40LMTS is a tactical single shot launcher that features an expandable ROGERS Super Stoc and an adjustable Integrated Front Grip (IFG) with light rail.

The ambidextrous Lateral Sling Mount (LSM) and QD mounting systems allow both a single- and two-point sling attachment. The 40LMTS will fire standard 40 mm less lethal ammunition, up to

4.8 inches in cartridge length. The Picatinny Rail Mounting System will accept a wide array of enhanced optics/sighting systems.

BRAND DEF-TECH 40 MM LAUNCHER
QUANTITY 2
LIFESPAN 10+ YEARS
Remington Shotgun Launcher: Starting with a receiver machined from an 8 ½ – pound billet of steel might not be the easiest way to build a shotgun, but the end result is well worth the extra effort. No other pump shotgun can match the Model 870'sstrength and smooth, effortless operation.

Its legendary reliability is the heart of its popularity, as evidenced by the more than 13 million outdoorsmen, law enforcement officers, competitive shooters and home defenders who have chosen the never-say-die pump gun since its introduction in 1950. That same reliability has made the Model 870 one of the most adaptable shotgun designs, and the best-selling shotgun of all time.

Packet Pg. 144 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 21 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024) BRAND REMINGTON 870 LAUNCHERS
QUANTITY 4
LIFESPAN 10+ YEARS

CTS & DTS DIVERSIONARY DEVICES
CA GOVERNMENT CODE § 7070 (c)(12): “Flashbang” grenades and explosive breaching tools, “tear gas,” and “pepper balls,” excluding standard, service-issued handheld pepper spray.

EQUIPMENT CAPABILITIES: The use of this device is to create a light/sound diversion during critical incidents. The device utilizes a loud bang and emits a bright light made to disorient the suspect(s).

FISCAL IMPACTS: There was no cost for 2023-2024 associated with the use of diversionary devices.

LEGAL & PROCEDURAL RULES GOVERNING USE: The use of diversionary devices is governed by Redding Police Department Policy 404.

PURPOSE & AUTHORIZED USES: Used during critical incidents as to distract, disorient and illuminate suspects.

TRAINING REQUIRED: Specialized training as deemed by the SWAT Commander and CA POST certified Department Diversionary Device Instructors.

MANUFACTURER PRODUCT DESCRIPTION: The diversionary device utilizes a M201A1 type fuse with a single use aluminum body. This compact unit is designed around a 6.5-gram water resistant charge, capable of producing an effective, yet reduced 162dB stimuli. Its size and shape are industry familiar and allow it to fit in standard tactical pouches. The device should only be deployed in areas that have been visually observed to be clear of potential hazards. It is recommended that the immediate area for deployment be visually affirmed to be clear of personnel and that the device is delivered so that the ports are free from obstruction. If the bottom ports are obstructed by an object or wall, the device body may move. The cleared area for deployment should be 5 - 6 feet around which the device is expected to come to rest.

Packet Pg. 145 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 22 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024)

BRAND CTS MINI DIVERSIONARY DEVICE
QUANTITY 36
LIFESPAN 5 YEARS

BRAND CTS LOW ROLL DEVICE
QUANTITY 10
LIFESPAN 5 YEARS

BRAND DEF TECH LOW ROLL DEVICE
QUANTITY 1
LIFESPAN 5 YEARS

BRAND CTS TRAINING DIVERSIONARY

DEVICE FUSE
QUANTITY 11
LIFESPAN 5 YEARS
DEF-TECH 40 MM KINETIC ENERGY LAUNCHER & PROJECTILES
CA GOVERNMENT CODE § 7070 (c)(14): The following projectile launch platforms and their associated munitions: 40 mm projectile launchers, “bean bag,” rubber bullet, and specialty impact munition (SIM) weapons.

EQUIPMENT CAPABILITIES: The Redding Police Department is committed to reducing the potential for violent confrontations. Kinetic energy projectiles, when used properly, are less likely to result in death orserious physical injury and can be used in an attempt to de-escalate a potentially deadly situation. Department approved kinetic energy projectiles are fired from 40 mm launchers.

FISCAL IMPACTS: $809.75 per 40 mm launcher when purchased. There were no costs associated with the launchers in 2023-24.

LEGAL & PROCEDURAL RULES GOVERNING USE: The use of 40 mm kinetic energy projectile is governed by Redding Police Department Policy 302.

Packet Pg. 146 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 23 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024) PURPOSE & AUTHORIZED USES: A sworn peace officer may utilize the Kinetic Energy Projectile in the discharge of their duties when other options have been exhausted, are ineffective, or are inappropriate during attempts to control or subdue combative or violent individuals and the use of deadly force can be forestalled.

The Kinetic Energy Projectile shall be used with discretion and care in circumstances which permit the lawful use of lethal or less lethal force.

TRAINING REQUIRED: The SWAT Commander shall ensure that all personnel who are authorized to carry a 40 mm control device have been properly trained and certified to carry the specific control device and are retrained or recertified as necessary.

Proficiency training shall be monitored and documented by a certified, control-device weapons instructor. All training and proficiency for control devices will be documented.

OTHER: 40 mm kinetic energy projectile launcher and projectiles are assigned to the Redding Police Department SWAT Team.

MANUFACTURER PRODUCT DESCRIPTION:

The 40LMTS is a tactical single shot launcher that features an expandable ROGERS Super Stoc and an adjustable Integrated Front Grip (IFG) with light rail. The ambidextrous Lateral Sling Mount (LSM) and QD mounting systems allow both a single- and two-point sling attachment. The 40LMTS will fire standard 40 mm less lethal ammunition, up to 4.8 inches in cartridge length. The Picatinny Rail Mounting System will accept a wide array of enhanced optics/sighting systems.

BRAND DEF-TECH 40 MM LAUNCHER
QUANTITY 1
LIFESPAN 10 YEARS
The CTS-4557 Sponge Baton is a spin-stabilized projectile delivering blunt trauma effect.

Although it is extremely accurate and consistent, accuracy is dependent on the launcher, using open sights vs. An improved sight, environmental conditions, and the operator. Effectiveness depends on many variables, such as distance, clothing, stature, and the point where the projectile impacts.

BRAND CTS–4557 40 MM SPONGE BATON
QUANTITY 9
LIFESPAN 10 YEARS
Packet Pg. 147 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669) 24 | P age
REDDING POLICE DEPARTMENT – ANNUAL MILITARY EQUIPMENT USE REPORT (JUNE 2023– MAY 2024) Packet Pg. 148 Attachment: 2024 AB 481 Report (4(d)--Adopt Ordinance No. 2669)

CITY OF REDDING

REPORT TO THE CITY COUNCIL
Recommendation
Authorize the Mayor to send two letters of support to January Contreras with the Administration for Children and Families to support California Youth Partnership LLC grant applications to the Administration of Children and Families’ General Departmental Sexual Risk Avoidance Education (SRAE) Program and the Family and Youth Services Bureau for its Title V Competitive SRAE Program to assist with providing sexual risk avoidance education to underserved populations of youth.

Fiscal Impact
There is no fiscal impact to sending the attached letters of support.

Alternative Action
The City Council could choose to not send the letters of support.

Background/Analysis
California Youth Partnership (CYP) is committed to assisting youth and growing a healthy generation of future adults. CYP has various programs for youth and adults to develop necessary skills for healthy relationships for school, life, and work. CYP believes that healthy youth will grow up to be healthy adults and have a positive impact in their lives and communities.

CYP has identified two separate grant funding opportunities - one through the Administration of Children and Families’ General Departmental Sexual Risk Avoidance Education (SRAE) Program and another through the Family and Youth Services Bureau for its Title V Competitive SRAE Program – both to assist with providing valuable programs to youth. The grants would allow CYP and its partners to continue their work in providing sexual risk avoidance education to underserved populations of youth. CYP has successfully managed three rounds of Sexual Risk Avoidance Education grants in the community and is becoming known as the premiere agency for providing primary prevention for Shasta County’s adolescents.

MEETING DATE: June 4, 2024
ITEM NO. 4.1(a)
FROM:
***APPROVED BY***
[email protected] [email protected]
SUBJECT: 4.1(a)--Letters of Support for California Youth Partnership Jason Gibilisco, Management
Assistant to the City Manager
Packet Pg. 149
Report to Redding City Council May 29, 2024
Re: 4.1(a)--Letters of Support for California Youth Partnership Page 2 Environmental Review
This is not a project defined under the California Environmental Quality Act, and no further action is required.

Council Priority/City Manager Goals
• This is a routine operational item.

Attachments
^LOS California Youth Partnership Funding SR-0041
^LOS California Youth Partnership Funding TS-0040
Packet Pg. 150
Tenessa Audette, Mayor
[email protected]
530.225.4447
June 4, 2024
January Contreras, Assistant Secretary
Administration for Children and Families
330 C Street, S.W.

Washington, D.C. 20201
ATTN: Funding Announcement No. HHS-2024-ACF-ACYF-SR-0041 Assistant Secretary Contreras:

The City of Redding supports California Youth Partnership LLC (CYP) and this application to the Administration for Children and Families (ACF) for its General Departmental Sexual Risk Avoidance Education (SRAE) funding opportunity. The grant will allow CYP and its partners to continue their invaluable work in providing SRAE services to underserved and underrepresented populations of youth from zip codes with high teen birth rates attending Shasta County Public Schools, Alternative Schools, Juvenile Hall, and community-based programs. Their work represents a very thoughtful and efficient allocation of grant funds, providing ACF a large return on investment.

We are in great support of CYP’s work in our community: 1) to teach youth holistic, individual, and societal benefits associated with personal responsibility, self-regulation, goal setting, healthy decision-making, and a focus on the future; 2) to share the advantage of refraining from non-marital sexual activity to improve the future prospects, and physical and emotional health of youth; 3) to train youth to attain self-sufficiency and emotional maturity before engaging in sexual activity; 4) to build foundational components of healthy relationships and actualize their impact on the formation of healthy marriages and safe and stable families; 5) to support youth to understand other youth risk behaviors, such as drug and alcohol usage, increase the risk for teen sex; and 6) to resist and avoid, and receive help regarding sexual coercion and dating violence, recognizing that, even with consent, teen sex remains a youth risk behavior.

CYP has successfully implemented and managed three rounds of SRAE grants in the community as the premiere agency for providing primary prevention for among the neediest of Shasta County’s adolescents. CYP is becoming known as a culture changing agent in many schools with life defining programming. Their sensitive approach to meet the unique challenges of youth with lived experiences of disparities to build resilience toward finishing school and setting future goals has garnered hope and agency. Their work will not only impact the current health of youth but will directly impact the future health of families and communities in our geographic region.

I greatly appreciate your time, and trust the California Youth Partnership LLC application will be given all due consideration. I am committed to working with my colleagues to support their efforts so that the project will continue after the grant funding ends.

Sincerely,
Tenessa Audette
City of Redding
Mayor
Packet Pg. 151 Attachment: ^LOS California Youth Partnership Funding SR-0041 (4.1(a)--Letters of Support for California Youth Partnership) Tenessa Audette, Mayor
[email protected]
530.225.4447
June 4, 2024
January Contreras, Assistant Secretary
Administration for Children and Families
330 C Street, S.W.

Washington, D.C. 20201
ATTN: Funding Announcement No. HHS-2024-ACF-ACYF-FYSB-TS-0040 Assistant Secretary Contreras:

The City of Redding supports California Youth Partnership LLC (CYP) and this application to the Family and Youth Services Bureau for its Title V Competitive Sexual Risk Avoidance Education funding opportunity. The grant will allow CYP and its partners to continue their invaluable work in providing Sexual Risk Avoidance Education services to underserved and underrepresented populations of youth from zip codes with high teen birth rates attending Shasta County Public Schools, Alternative Schools, Juvenile Hall, and community-based programs. Their work represents a very thoughtful and efficient allocation of grant funds, providing ACF a large return on investment.

CYP has successfully managed three rounds of Sexual Risk Avoidance Education grants in the community as the premiere agency for providing primary prevention for among the neediest of Shasta County’s adolescents. CYP is becoming known as a culture changing agent in many schools with life defining programming. Their sensitive approach to meet the unique challenges of youth with lived experiences of disparities to build resilience toward finishing school and setting future goals has garnered hope and agency. Their work will not only impact the current health of youth but will directly impact the future health of families and communities in our geographic region.

Sincerely,
Tenessa Audette
City of Redding
Mayor
Packet Pg. 152 Attachment: ^LOS California Youth Partnership Funding TS-0040 (4.1(a)--Letters of Support for California Youth Partnership)

CITY OF REDDING

REPORT TO THE CITY COUNCIL
Recommendation
Approve and ratify the City of Redding as an applicant to the Extreme Heat and Community Resilience Program in the amount of $2 million to build heat-resilient play infrastructural elements at Panorama Park; and authorize the City Manager, or his designee, to execute the grant agreement and all subsequent grant documents, if the grant is awarded.

Fiscal Impact
The grant application requested $2 million to build heat-resilient play infrastructural elements at Panorama Park. This is a reimbursement grant with no required matching funds. Accepting the grant and building the water play features will require future maintenance funding of approximately $20,000 annually. Future maintenance costs would have to be added to the operations and maintenance funding figures previously considered by City Council (Council) at its October 6, 2020, meeting. These figures are based on the additional staff time required to clean and maintain the structure as well as routine repairs and upkeep typical for the City of Redding’s (City) existing splash pad, Fantasy Fountain at Enterprise Park.

Alternative Action
The Council could decline to ratify the grant application. In this case, staff would withdraw the application and it would not be considered for funding. The Council could also provide staff with alternate direction.

Background/Analysis
The Governor's Office of Planning and Research administers the Extreme Heat and Community Resilience Program (EHCRP). This grant program funds and supports local, regional, and tribal efforts to reduce the impacts of extreme heat. The EHCRP aims to address extreme heat and reduce the urban heat island effect. Extreme heat interventions such as providing shade, promoting evaporative cooling, and offering public education can reduce the harm of extreme heat on California’s communities.

MEETING DATE: June 4, 2024
ITEM NO. 4.6(a)
FROM:
***APPROVED BY***
[email protected] [email protected]
SUBJECT: 4.6(a)--Ratify Extreme Heat Community Resilience Program Grant Application for Panorama Park
Travis Menne, Director of
Community Services
Packet Pg. 153
Report to Redding City Council May 29, 2024
Re: 4.6(a)--Ratify EHCRP Grant Application Page 2
During community outreach staff received many requests for shade structures to make traditional play infrastructure usable during the hottest months of the year as well as water play infrastructure to help residents remain cool during the hottest months of the year. The application requested $2 million in grant funding to build a splash pad and additional shade structures to keep the park usable year-round. Developing this facility allows the public to have a free way for children and families to remain cool and active during the summer months and bolsters the quality of life for residents in the northwest quadrant of the City. Staff submitted the grant application on May 7, 2024, and awards will be announced in Summer 2024.

Environmental Review
On June 22, 2021, the Planning Commission (Commission) adopted the Mitigated Negative Declaration and the Mitigation Monitoring Programs and approved the Panorama Park Project, thereby satisfying the requirements of the California Environmental Quality Act Guidelines §15074. At this meeting, the Commission also approved Site Development Permit SDP-2021- 00785, General Plan Amendment GPA-2021-0786, and Rezoning Application RZ-2021-0787.

No further actions are required at this time.

Council Priority/City Manager Goals
• Government of the 21st Century – “Be relevant and proactive to the opportunities and challenges of today’s residents and workforce. Anticipate the future to make better decisions today.”
• Economic Development – “Facilitate and become a catalyst for economic development in Redding to create jobs, retain current businesses and attract new ones, and encourage investment in the community.”
Attachments
Previous Staff Report - October 6, 2020, Item 4.6(b) Grant Application Packet Pg. 154

CITY OF REDDING

REPORT TO THE CITY COUNCIL
Recommendation
Adopt Resolution approving the City of Redding as an applicant for the California Statewide Park Development and Community Revitalization Program grant administered by the California Department of Parks and Recreation; and authorize the City Manager, or designee, to execute all documents necessary to apply for the grant, appropriate funds should the grant be awarded, and execute any agreements necessary to implement the project.

Fiscal Impact
The grant application will request up to the maximum of $8.5 million to construct Panorama Park and Field House (gymnasium). Staff is required to complete the California Environmental Quality Act (CEQA) documentation and filing fees concurrent with the application. This is anticipated to cost $20,000 which can be funded out of an existing allocation in the parks development fund. The grant guidelines require a match for construction of indoor facilities.

Based on current project cost estimates a $1.5 million (15percent of total project) match will be required to complete the project. Funding from the Parks Development Fund will be utilized for the studies, fees, and match funding.

If awarded the grant, the new park and facility will require new funding for operations and maintenance. Staff estimates the early years to be close to $200,000 annually and grow to $300,000 over time as the facilities wear and require more repairs and maintenance. If approved, the ongoing operations and maintenance funding will need to be budgeted beginning in Fiscal Year 2023-2024. This cost would be a general fund expense with some offset from facility rental income.

Alternative Action
The City Council (Council) could decline to apply for the funds under this grant opportunity or provide staff with alternative direction.

MEETING DATE: October 6, 2020
ITEM NO. 4.6(b)
FROM:
***APPROVED BY***
[email protected] [email protected]
SUBJECT: 4.6(b)--Adopt Resolution for California Statewide Park Program Application Kim Niemer, Community
Services Director
Packet Pg. 155 Attachment: Previous Staff Report - October 6, 2020, Item 4.6(b) Grant Application (4.6(a)--Ratify EHCRP Grant Application) Report to Redding City Council September 29, 2020
Re: 4.6(b)--Resolution California Statewide Park Program Application Page 2 Background/Analysis
Following the passage of Proposition 68, the California Drought, Water, Parks, Climate, Coastal Protection, and Outdoor Access for All Act of 2018, the Statewide Park Development and Community Revitalization Grant Program allotted approximately $650 million to create, expand, and renovate parks and recreational opportunities in underserved communities. In 2019, the City of Redding (City) applied for round three of the program and received $6.7 million for the Caldwell Park Expansion project, becoming one of only 62 California communities to receive such funds. The highly competitive program received 478 applications totaling $2.3 billion in funding requests.

In July 2020, California State Parks announced round four of the program, and a total allotment of $395.3 million for park construction, improvement or expansion. To capitalize on the funding source, staff is beginning preparations for project planning and the public engagement process to submit an eligible application. Using the 2018-2021 Action Plan and the Parks, Trails, and Open Space Master Plan as a framework for selecting potential projects, staff analyzed the program guidelines alongside available park properties. The analysis determined that the 10.53-acre Panorama Park site, located at 950 Lake Blvd, demonstrated both the highest need in the community and proved to be the highest scoring park site currently in the City’s ownership. The City acquired these 10 undeveloped acres in 2006 for park purposes. In 2008, new park planning stalled as the recession hit.

The State’s Community Fact Finder tool shows that the area is considered “deficient” of park space, meaning there are no nearby parks for area residents. Additionally, the area’s median income is below the program’s low-income threshold of 80 percent of the statewide average, and is therefore considered a Severely Disadvantaged Community by those standards. The guidelines and scoring rubric for the grant favor low-income and park deficient areas, and staff believes the park site is the strongest candidate possible, more so than the already awarded Caldwell Park area was in 2019.

For the grant, the staff will propose the construction of a new large neighborhood park and recreation facility known as the Panorama Field House. The project will include park amenities such as trails, landscaping, playground, parking and more. The Field House is conceptually planned to be approximately 20,000 square feet of gym space (enough to accommodate two basketball courts) and 5,000 square feet of classroom, restroom, storage, and reception space.

This project will address the service area gap in the northwest quadrant, and address the critical lack of gymnasium space outlined in the Parks, Trails, and Open Space Master Plan. Providing recreational opportunities for the residents of the Lake Boulevard area will provide future jobs and economic investment into one of Redding’s Severely Disadvantaged Communities, as calculated by the California State Parks Community Fact Finder.

Adequate recreational gymnasium space is one of the longstanding recreational needs within the community. The City of Redding does not currently own a gym, which is atypical for a community of its size. Historically, school facilities and joint-use agreements allowed for some City programming of gym space and reduced the need for the City to operate its own facility.

Even with these partnerships, in 2004 the City’s Parks, Trails, and Open Space Master Plan highlighted the need for two additional gyms, and an additional two needed by 2020. Existing school functions, scheduling conflicts, limited availability, closed campuses and sheer capacity issues have diminished the City’s ability to rely on other facilities. When the City does have Packet Pg. 156 Attachment: Previous Staff Report - October 6, 2020, Item 4.6(b) Grant Application (4.6(a)--Ratify EHCRP Grant Application) Report to Redding City Council September 29, 2020
Re: 4.6(b)--Resolution California Statewide Park Program Application Page 3 access to gyms, the school retains first priority and scheduling conflicts are a common occurrence, thus creating consistency issues for participants and staff. Furthermore, the current restrictions surrounding the COVID-19 pandemic have halted any shared use and no gymnasiums are available for City recreational programming.

At nearly 600 kids, participation in the City’s youth basketball program last year hit an all-time high. In fact, Redding Recreation turned 60 kids away due to lack of gym availability, which equates to about 10 percent of total participants. Providing a gymnasium with at least two basketball courts will address roughly 50 percent of the current identified need within the City. If funded, a City-owned facility would also be used for youth and adult volleyball leagues, adult basketball, Grasshopper sports, summer camps and much more. Staff anticipates generating rental revenue from AAU basketball teams, tournaments, and other uses as gym space in Redding is at a premium. The facility will also include classroom space for exercise and special interest classes.

As this is a new facility, there is no internal capacity to absorb the maintenance and operating costs. The grant will not fund ongoing maintenance, nor fund a project without a long term maintenance plan. Limited development opportunity makes the prospect of a new landscape maintenance district (LMD) in the area unlikely, and there are no existing LMD’s in the area into which the park could potentially be absorbed with district member approval. For these reasons, maintenance funding for the park would have to be appropriated internally. It is anticipated that construction of the facility would begin in 2023. Operations and maintenance funding would need to be budgeted for Fiscal Year 2023-2024.

As previously stated, the Lake Boulevard area has limited future development opportunities and is unlikely to generate much in terms of park in-lieu fees. Though, the nearby Kennett Court development, a recently approved affordable housing development, is currently under construction with approximately 160+ new multifamily units expected in the next few years. The project will generate park development funds that could be used for match, in addition to strong trends in park development fees throughout the City. These new residences are in addition to the 1,650 residents currently living within the park service area (0.5 mile of the site).

At its September 9, 2020, meeting, the Community Services Advisory Commission unanimously recommended that the Council approve the filing of the grant application. The application is due December 14, 2020, and involves extensive community input as required by the grant program.

During the public engagement process, it is typical for residents to bring new ideas and concepts to the table that will best fit the community’s needs. The process requires at least five public meetings to establish park needs and begin to develop the basic park feature selection and conceptual placement. Staff has experience with this framework, having followed the same guidelines during the planning phase for the Caldwell Park Expansion project. The process will conform to current COVID-19 health guidelines. Potential meeting strategies include online meetings, live and interactive broadcasts, socially distanced or independent site walks, and online polling. The state is issuing guidance on public engagement and staff will incorporate those strategies while meeting local guidelines to provide the best outcome for the current circumstances.

Council Priority/City Manager Goals
 Economic Development – “Facilitate and become a catalyst for economic development in Redding to create jobs, retain current businesses and attract new ones, and encourage Packet Pg. 157 Attachment: Previous Staff Report - October 6, 2020, Item 4.6(b) Grant Application (4.6(a)--Ratify EHCRP Grant Application) Report to Redding City Council September 29, 2020
Re: 4.6(b)--Resolution California Statewide Park Program Application Page 4 investment in the community.”
 Government of the 21st Century – “Be relevant and proactive to the opportunities and challenges of today’s residents and workforce. Anticipate the future to make better decisions today.”
Attachments
Resolution
Panorama Park Site Map
Panorama Field House Concept
Panorama Park Service Area
Packet Pg. 158 Attachment: Previous Staff Report - October 6, 2020, Item 4.6(b) Grant Application (4.6(a)--Ratify EHCRP Grant Application)

CITY OF REDDING

REPORT TO THE CITY COUNCIL
Recommendation
Adopt Resolution authorizing the acceptance of an Alcohol Policing Partnership grant administered by the California Department of Alcoholic Beverage Control in the amount of $49,858 for overtime, training, and operating expenses designed to address alcohol enforcement in the City of Redding; and authorize the City Manager, or his designee, to execute the grant agreement, any associated amendments and administratively appropriate the funds.

Fiscal Impact
There is no fiscal impact in accepting this grant. The grant does not require any matching funds.

Alternative Action
The City Council could choose not to adopt the resolution accepting the grant. This action would not allow the Redding Police Department (RPD) to take advantage of funding to address alcohol enforcement in the City of Redding.

Background/Analysis
On April 1, 2024, RPD submitted a proposal to California Department of Alcoholic Beverage Control (ABC) through their Alcohol Policing Partnership grant requesting $49,858 to augment and enhance law enforcement efforts addressing alcohol related problems through a wide range of strategies. In an email dated May 19, 2024, ABC notified RPD of the $49,858 award. This grant will provide funding for training, overtime for general enforcement, minor decoy and shoulder tap operations targeting underage drinking, and general operating expenses.

MEETING DATE: June 4, 2024
ITEM NO. 4.9(a)
FROM:
***APPROVED BY***
[email protected] [email protected]
SUBJECT: 4.9(a)--Resolution accepting California Department of Alcoholic Beverage Control grant
Brian Barner, Chief of Police
Packet Pg. 159
Report to Redding City Council May 29, 2024
Re: 4.9(a)--Resolution for Grant from ABC Page 2
Environmental Review
Accepting the grant is not a project as defined by the California Environmental Quality Act, therefore, no further action is required at this time.

Council Priority/City Manager Goals
• Public Safety – “Work to improve all aspects of public safety to help people feel secure and safe where they live, work and play in the City of Redding.” Attachments
^Resolutions
Packet Pg. 160
RESOLUTION NO. 2024-____

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING

AUTHORIZING THE ACCEPTANCE OF A GRANT FROM THE

CALIFORNIA ALCOHOLIC BEVERAGE CONTROL DEPARTMENT
WHEREAS, The Redding City Council desires to undertake a certain project designated as the Grant Assistance Program (GAP) to be funded in part from funds made available through the Alcohol Policing Partnership (APP) Grant administered by the Department of Alcoholic Beverage Control (hereafter referred to as ABC); and
WHEREAS, any liability arising out of the performance of this contract, including civil court actions for damages, shall be the responsibility of the grant recipient and the authorizing agency. The State of California and ABC disclaim responsibility for any such liability; and WHEREAS, grant funds received hereunder shall not be used to supplant expenditures controlled by this body; and
WHEREAS, this award is not subject to local hiring freezes; NOW, THEREFORE, BE IT RESOLVED that the Chief of Police of the City of Redding is authorized by the City Council to execute on behalf of the City Council the contract for the Grant Assistance Program (GAP) administered by ABC, including any extensions or amendments thereof and any subsequent contract with the State in relation thereto.

I HEREBY CERTIFY that the foregoing resolution was introduced and adopted by the City Council of the City of Redding at a regular meeting held on the 4th day of June, 2024, by the following vote:

AYES: COUNCIL MEMBERS:

NOES: COUNCIL MEMBERS:

ABSENT: COUNCIL MEMBERS:

ABSTAIN: COUNCIL MEMBERS:
__________________________________
TENESSA AUDETTE, Mayor
ATTEST: FORM APPROVED:
______________________________ ___________________________________ SHARLENE TIPTON, City Clerk CHRISTIAN M. CURTIS, City Attorney Packet Pg. 161 Attachment: ^Resolutions (4.9(a)--Resolution for Grant from ABC)

CITY OF REDDING

REPORT TO THE CITY COUNCIL
Recommendation
Adopt Resolution establishing the appropriation limit for Fiscal Year 2024-25 for the City of Redding at $298,219,153.

Fiscal Impact
There is no fiscal impact from adopting an appropriation limit.

Background/Analysis
The Gann Spending Limitation Initiative (Proposition 4) was approved by the voters of California on the November 1979 special ballot election. This Proposition created Article XIII B of the State Constitution, which sets forth the calculation of State and local jurisdictions’ annual appropriations limit on monies that can be spent from tax revenues. California Government Code Section 7910 requires that each fiscal year, the governing body of the local agency must establish the appropriations limit, by resolution, before the beginning of the following fiscal year. The goal of Proposition 4 was to keep state and local government spending capped at 1978-79 levels, adjusted for changes in population combined with either the change in California per capita personal income or the change in the local assessment roll associated with new non-residential construction. Under Proposition 4, if a city ends the fiscal year having exceeded its GANN limit, it must return the excess to taxpayers within two years.

MEETING DATE: June 4, 2024
ITEM NO. 4.10(a)
FROM:
***APPROVED BY***
[email protected] [email protected]
SUBJECT: 4.10(a)--Adopt Resolution establishing the Appropriation Limit for Fiscal Year 2024-25
Greg Robinett, Director of
Finance/City Treasurer
Packet Pg. 162
Report to Redding City Council May 29, 2024
Re: 4.10(a)--Appropriation Limit for Fiscal Year 2024-25 Page 2 Staff has completed a calculation of the Fiscal Year 2024-25 appropriations limit for the City of Redding (City) as follows:

Appropriation Limit 2023-24 $ 286,911,340
Percentage increases:

Per Capita Change 3.62%
Population Change .31%
Change Factor Formula
Percentage converted to ratio of change 1.0394
Appropriation Limit 2024-25 $ 298,219,153
As noted above, the appropriation limit for the City for Fiscal Year 2024-25 is $298,219,153.

The City’s appropriations that are subject to the limit total $80,402,520. Thus, the City is well within the amount allowed by law.

Environmental Review
This is not a project defined by under the California Environmental Quality Act, and no further action is required.

Council Priority/City Manager Goals
This agenda item is a routine operational item.

Attachments
^Resolution
Packet Pg. 163
RESOLUTION NO. 2024-___

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING ESTABLISHING THE APPROPRIATION LIMIT FOR FISCAL YEAR 2024- 25 FOR THE CITY OF REDDING
WHEREAS, State of California Government Code Section 7910 requires that each fiscal year the governing body of a local jurisdiction shall by resolution establish an appropriation limit; and
WHEREAS, the Director of Finance for the City of Redding has calculated the appropriation limit.

NOW, THEREFORE, be it resolved that the appropriation limit for the City of Redding for fiscal year 2024-25 shall be $298,219,153.

I HEREBY CERTIFY that the foregoing resolution was introduced and adopted at a regular meeting of the City Council of the City of Redding on the 4th day of June, 2024, and was duly adopted at said meeting by the following vote:

AYE: COUNCIL MEMBERS:

NOES: COUNCIL MEMBERS:

ABSENT: COUNCIL MEMBERS:

ABSTAIN: COUNCIL MEMBERS:
__________________________________
TENESSA AUDETTE, Mayor
ATTEST: FORM APPROVAL:
________________________________ ___________________________________ SHARLENE TIPTON, City Clerk CHRISTIAN M. CURTIS, City Attorney Packet Pg. 164 Attachment: ^Resolution (4.10(a)--Appropriation Limit for Fiscal Year 2024-25)

CITY OF REDDING

REPORT TO THE CITY COUNCIL
Recommendation
Approve setting a Public Hearing on June 18, 2024, at 6:00 p.m., in the City Council Chambers, 777 Cypress Avenue, Redding, California, to consider adjustments to the City of Redding’s Schedule of Fees and Service Charges.

Fiscal Impact
There is no fiscal impact to setting the public hearing.

Alternative Action
The City Council (Council) could choose not to set the public hearing as proposed and instead provide alternate direction to staff.

Background/Analysis
California Government Code Sections 66016 and 66018 require that a public hearing be noticed at least ten (10) days prior to a proposed levy of, or increase in, municipal fees and service charges. On an annual basis, and in accordance with City Council Policy No. 802, the Finance Division submits to the City Council proposed changes, deletions, and additions to the schedule.

In accordance with adopted City of Redding policy, staff requests that pursuant to Government Code requirements, a public hearing on the proposed adjustments be set for June 18, 2024.

Fees are determined based on cost analysis in accordance with Proposition 26. Once established, increases on some fees are based on the Consumer Price Index (CPI) or the Construction Cost Index (CCI).

Overall, most of the proposed adjustments are based on a 3.67 percent increase in the CPI for the 12-month period ended April 2024 for mid-sized western cities.

MEETING DATE: June 4, 2024
ITEM NO. 4.10(b)
FROM:
***APPROVED BY***
[email protected] [email protected]
SUBJECT: 4.10(b)--Set Public Hearing regarding adjustments to Schedule of Fees and Service Charges
Greg Robinett, Director of
Finance/City Treasurer
Packet Pg. 165
Report to Redding City Council May 29, 2024
Re: 4.10(b)--Set Public Hearing regarding adjustments to Schedule of Fees and Service Charges Page 2
Water and wastewater fees related to new development are increased by 1.84 percent, which is the CCI for the 12-month period ended May 2024, Ordinance 16.20.050.

The schedule is subject to certain rounding conventions in the CPI/CCI calculation. The rounding conventions utilized in the schedule are as follows: for fees under $10.00 and for fees which are tiered, the fee is rounded to the nearest 10 cents. For fees $10.00 and above, the fee is rounded to the nearest whole dollar. As a result, some of the fees and service charges listed in the schedule may not realize an increase as a result of the CPI/CCI calculation. Note that the schedule also contains fees and service charges that do not have a CPI or CCI escalator which results in no change for those fees from the prior year. All new fee requests, corrections or proposed changes are reflected in the schedule in red.

The suggested effective date for all changes to fees and service charges is July 1, 2024.

Below is a list of the summary of changes other than CPI or CCI, by department/division where adjustments are present. If no adjustments beyond CPI or CCI are present in a specific department/division they are not listed below.

Finance Department
• No change.

City Manager
• No change.

City Clerk
• Language change.

City Treasurer
• No change.

Purchasing
• No change.

Community Services Department – Recreation Division
• New fee amendment – Additional Labor for $55 per hour, as applicable; • Increase in Materials – Additional Labor fee from $23 per hour to $55 per hour; • Increase in Cleaning/Damage Deposit from $398 to $425; • Language change to recognize the Baseball/Softball fields Light Fee as “Per Field;” • Language change to recognize the Baseball/Softball fields Use Fee as “Per 2 Hour Session;”
• Language change to recognize the Soccer Fields Fee as “Per 2 Hour Session Per Field;” • Increase in Lake Redding Park Sand Volleyball Courts from $23 to $35; • Language change to add “Sand” to Lake Redding Park Volleyball Courts; language change to recognize the Lake Redding Park Sand Volleyball Courts Use Fee as “Per 2 Hour Session Per Court;”
• Split out Enterprise Roller Rink and Pickle ball court into separate lines; Packet Pg. 166
Report to Redding City Council May 29, 2024
Re: 4.10(b)--Set Public Hearing regarding adjustments to Schedule of Fees and Service Charges Page 3
• Language change to add “for 3 courts” to Pickle Ball Court; language change to recognize Pickle Ball Court Use Fee as “Per 2-hour Session; • New fee: Diestelhorst Bridge reservation for $150;
• New fee: Whistle Stop Park for $500 per session;
• Increase in Sculpture Park from $136 per reservation to $300 per day; • Language change from “Civic Amphitheater” to “River Front Amphitheater;” • Language change from 60 days to 30 days for Caldwell Recreation Center Rental Fee; • Increase in Sundial Bridge deck lighting policy special request from community from $100 to $150; and
• Remove fees Fantasy Fountain and Junior Bike Park.

Fire Department
• Hazardous Material Response fee, First Responder fee, and Emergency Response to DUI collision fee - for the 2024-25 schedule an analysis was completed to determine the actual response cost. One third of the increase is being recognized on the 2024-25 schedule increasing the fee from $371 to $430. One third of the increase will be recognized on the 2025-26 schedule; one third of the increase will be recognized on the 2025-26 schedule; • New Fee: Food Trucks for $142 per inspection;
• Language change to add authority reference “CA Fire Code Chapter 1 105.2.2” for Fire Code Annual Permits; and
• Language change to remove authority reference “R.M.C 9.20.130” for Garage Inspection Fees.

Police Department
• No change.

Electric Utility Department
• No change.

Public Works Department – Water
• Rounded Line size 8” fee down to $10.00 to comply with policy.

Public Works Department – Wastewater
• Language change for Tap Fee to remove “6x4 to 8x6” and add “4” lateral.” Public Works Department – Engineering Division
• No change.

Development Services Department – Building Division
• New Fee: Temporary Certificate of Occupancy for $322 every 60 days. This fee replaces 3 separate fee categories - “Large Commercial”, “Small Commercial”, and “Residential;” • Removed Deputy Building Inspector Program Fee;
• New Fee: Permit Extension Fee, 1st Extension for $37 after 180 days; • New Fee: Permit Extension Fee, 2nd Extension and Subsequent for $125 each additional 180 days;
• New Fee: Application Extension Fee, 1st Extension for $37 after 180 days; Packet Pg. 167
Report to Redding City Council May 29, 2024
Re: 4.10(b)--Set Public Hearing regarding adjustments to Schedule of Fees and Service Charges Page 4
• New Fee: Application Extension Fee, 2nd Extension and Subsequent for $125 each additional 180 days;
• New Fee: Residential Window and Door Fee for $25 per window/door; • Removed all fees under Unit Fee Schedule category except for Temporary Power Pole Inspection which was moved to its own line item;
• Removed fees for Power Apparatus per HP, KW, KAVA or KVAR; • Language change to remove “Apparatus,” and “Conduits, and Conductors for which a permit is required but no other fee is set;”
• Language change for Reinspection Fees removing “Assessed Under Provisions of Section 108.8 C.B.C” and add “Per hour (Fees are assessed after the 2nd re-inspection and all subsequent inspections); and
• New Fee: Seasonal Sales Lot for $189.

Development Services Department – Planning Division
• New fee: Short Term Rental-Hosted Homestay for $226;
• New fee: Murals for $50; and
• Language change for commercial application fee removing “change” and adding “modification” of premises.

Information Technology Department – GIS Division
• No Changes.

Public Works Department - Solid Waste Transfer / Recycling Facility • Increase to Aerosol cans fee from $1 to $1.50 / each; • Increase to HID lamps fee from $2.50 to $3.50 / each; • Increase to Fluorescent light bulbs fee from $.15 to $.20 / foot; and • Increase to Non-Curbside Collection Surcharge fee from $4 to $4.50.

Economic Development Department - Airports
• Increase to Transient Tie-Down, Single from $5.20 to $6 per night; • Increase to Transient Tie-Down, Twin from $6.30 to $7 per night; • Increase to Helicopter Light from $4 to $6 per night; • Increase to Helicopter Intermediate from $6 to $9 per night; • Increase to Helicopter Medium from $8 to $12 per night; • Increase to Helicopter Heavies from $10 to $15 per night; • Language change for Aircraft Parking-Violation Penalty to add “Per Day;” • Language change for Delinquency Penalty - Rentals from Per occurrence to “Per Day;” Housing & Economic Development Department - Housing and Community • No Change.

Environmental Review
This is not a project defined under the California Environmental Quality Act, and no further action is required.

Packet Pg. 168
Report to Redding City Council May 29, 2024
Re: 4.10(b)--Set Public Hearing regarding adjustments to Schedule of Fees and Service Charges Page 5
Council Priority/ City Manager Goals
• This is a routine operational item.

Attachments
^Proposed Master Fee Schedule FY2024-2025
Packet Pg. 169

CITY OF REDDING

SCHEDULE OF FEES AND SERVICE CHARGES
Fiscal Year 2023-24
2023-24 2024-25 Last Changed
Type of Fee or Adopted Proposed Additional Information Inflation Resolution or Authority Service Charge Fee Fee Indicator Ordinance

FINANCE DEPARTMENT
Photocopies 0.25 0.25 Per Page Reso. 2006-90
General Account Receivable Late Fee 1.50% 1.50% 1.5% applied to unpaid balance / month Reso. 92-426 CC Policy 0415 Late Penalty (mailed, 15-day / first notice) 16.00 16.00 Reso. 2009-177 Disconnect Notice Penalty mailed,7-day/final notice 20.00 20.00 Reso. 2009-177 Proposition 4 Late Penalty (mailed, 15-day / first notice) Commercial 3.00% 3.00% Unpaid delinquent balance Reso. 2009-110

CITY MANAGER
Retail Cannabis Sales RFP fee 1,201.00 1,245.00 CPI Reso. 2018-036 R.M.C. 6.12 Dog License Fee
Unaltered
1-year license 30.00 30.00 Reso. 2007-175
2-year license 57.00 57.00 5% Savings of 2 1-year lic. Reso. 2007-175 3-year license 85.50 85.50 5% Savings of 3 1-year lic. Reso. 2007-175 Spayed or neutered
1-year license 15.00 15.00 50% Savings of Unaltered 1 year lic Reso. 2007-175 2-year license 28.50 28.50 5% Savings of 2 1-year lic. Reso. 2007-175 3-year license 42.75 42.75 5% Savings of 3 1-year lic. Reso. 2007-175 Replacement tag 5.00 5.00 Reso. 2007-175
Fees to seniors (60 or Older) 50% of stated fees 50% of stated fees Reso. 2006-90 Partial year (after 12/31), 1-year license only 50% of stated fees 50% of stated fees Reso. 2006-90 Late Penalty Fee 15.00 15.00 Reso. 2006-90
Dep. for redempt. of impounded dog when rabies 25.00 25.00 Ord. 1960 vaccine is required
Dog Kennel License
0-10 dogs 64.00 64.00 Reso. 2009-110
11 or more dogs 128.00 128.00 Reso. 2009-110
Dog Kennel License Penalty Fee 21.00 21.00 Reso. 2009-110 Dangerous Dog Licensing Fee 100.00 100.00 Reso. 2009-110

CITY CLERK
Business License Fee
Delinquency Penalty 10% 10% Per Month Ord. 1935 R.M.C.6.02.180 Noncompliance Penalty 25% 25% Of License Fee Ord. 2149
Duplicate License 10.00 10.00 Reso. 2006-90
Handbill Permit
Permit Fee 50.00 50.00 Per Quarter Reso. 2006-90 R.M.C.6.36.110 Filing Fee for Notice of Intent to Circulate Petition in Municipal Election
200.00 200.00 Reso 2006-06
E.C.§ 9202(b)
Photocopies 0.25 0.25 Per Page Reso. 2006-90 Proposition 4 Photocopies of FPPC Documents 0.10 0.10 Per Page Reso. 2006-90 G.C.§ 81008 (a) Photocopies from Microfiche/Microfilm 0.55 0.55 Per Page Reso. 2006-90 Proposition 4 Photocopies from Aperture Cards 2.00 2.00 Per Page Reso. 2006-90 Proposition 4 Photocopies on USB flash Drives 6.50 6.50 Per Flash Drive Reso. 2017-054 Community Room / Plaza -
Includes trash charge, tables and chairs as specified, whiteboard / easel and podium
Private Party Rates:

Full Day: 7 am to midnight * 414.00 429.00 Includes 5 tables and 25 chairs CPI Reso. 2020-082 504.00 523.00 Includes 10 tables and 75 chairs CPI Reso. 2020-082 581.00 602.00 Includes 15 tables and 100 chairs CPI Reso. 2020-082 Half Day: Any combination of between two and eight hours * 309.00 320.00 Includes 5 tables and 25 chairs CPI Reso. 2020-082 414.00 429.00 Includes 10 tables and 75 chairs CPI Reso. 2020-082 498.00 480.00 Includes 15 tables and 100 chairs CPI Reso. 2020-082 Minimum Day (up to 2 hours) * 129.00 134.00 Includes 5 tables and 25 chairs CPI Reso. 2020-082 239.00 248.00 Includes 10 tables and 75 chairs CPI Reso. 2020-082 309.00 320.00 Includes 15 tables and 100 chairs CPI Reso. 2020-082 * - All Private Party Rates represent non-weekend dates. Private Party Rates for weekends increase by $100 of stated rate.

Government and Non-profit rates
Full Day: 7 am to midnight 260.00 270.00 Includes 5 tables and 25 chairs CPI Reso. 2020-082 375.00 389.00 Includes 10 tables and 75 chairs CPI Reso. 2020-082 452.00 469.00 Includes 15 tables and 100 chairs CPI Reso. 2020-082 Half Day: Any combination of between two and eight hours * 193.00 200.00 Includes 5 tables and 25 chairs CPI Reso. 2020-082 309.00 320.00 Includes 10 tables and 75 chairs CPI Reso. 2020-082 375.00 389.00 Includes 15 tables and 100 chairs CPI Reso. 2020-082 Minimum Day (up to 2 hours) 92.00 95.00 Includes 5 tables and 25 chairs CPI Reso. 2020-082 210.00 218.00 Includes 10 tables and 75 chairs CPI Reso. 2020-082 260.00 270.00 Includes 15 tables and 100 chairs CPI Reso. 2020-082 Cleaning / Damage deposit 322.00 334.00 CPI Reso. 2020-082 Council Chambers (Government Only) 36.00 37.00 Per Hour CPI Reso. 2020-082

CITY TREASURER
Assessment Splits (resulting from parcel splits)
Two-to four-way splits 88.00 88.00 Reso. 2006-90 Proposition 4 Each additional lot over four in split 10.00 10.00 Reso. 2006-90 Proposition 4 Release of Assessment Lien Recording Fee (Auto-adjusted to Shasta County Fee Schedule) 20.00 20.00 Pass Through County Fee Reso. 2014-069 Proposition 4 Returned Payment Charge (checks, credit cards, etc.) 35.00 35.00 Reso. 2014-069 G.C.§ 6157 CITY TREASURER - Continued
Residential Parking Permit 79.00 82.00 Per Quarter CPI Reso 2020-056 Senior Discount 39.00 #REF! Per Quarter CPI Reso 2020-056

PURCHASING
Photocopies 0.25 0.25 per page Reso. 2020-082

COMMUNITY SERVICES DEPARTMENT - RECREATION DIVISION
NOTE: For all Community Services Department reservations the following fees will apply when applicable:

Materials At Cost At Cost Reso. 2016-071
Additional Labor 23.00 55.00 Per Hour CPI Reso. 2020-082 Proposition 4 Cancellation Fee Charged on all Refunds 7.00 7.00 Reso. 2014-069 Cleaning/Damage Deposit (If Required) 398.00 425.00 CPI Reso. 2020-082 Proposition 4 Technology Surcharge 5.00% 5.00% Applies to all program registrations. Reso. 2010-164

Page 1 of 12 ends

Redding City CouncilJune 4, 2024

Redding City Council
June 4, 2024