San Dimas City Council
September 23, 2025

Ordinance 1320 Page 22
Approving MCTA 24-09
property line. The edge of roof must also be a minimum of twelve inches setback from property line to allow for onsite drainage.

4. 3. Corner Lots. The interior side yard shall be a minimum of twelve feet in width and the side yard abutting the street shall be a minimum of five feet in width. five feet in width and the side yard abutting the street shall be a minimum of ten feet in width. For corner lots where rear yard access is not available from the side street, the twelve-foot side yard, as required in this section, shall be provided in the interior side yard, and the side yard abutting the street shall be a minimum of ten feet in width.
a. Where a lot has been developed with a residential use prior to March 31, 2005, the ten-foot side yard abutting the street may be reduced to not less than five feet for in-ground swimming pools and/or spas that do not exceed one foot in height.

5. 4. When access to the twelve-foot side yard area is paved, a minimum side yard of three feet shall be maintained exclusive of paving adjacent to the property line. The three-foot side yard shall be improved with landscaping only within the required front yard setback.

6. 5. Each lot with an existing nonconforming dwelling unit may have additions placed at existing building setbacks with not less than five-foot side yards; except, where the required twelve-foot side yard exists on the original structure and can be maintained for any additions, or where the lot has legal access from a dedicated alley.

F. Ground Lot Coverage. The mMaximum ground lot coverage of all structures shall not exceed thirty-five percent of the total area of a the lot. Notwithstanding, the following:

1. Aany lot or parcel with a required area of less than seven thousand five hundred square feet pursuant to this chapter may have ground a lot coverage from thirty-five to no more than forty percent provided that all structures on the subject property do not exceed one story in height.

2. Lot coverage shall be calculated based on roof area and overhead structures such as dwelling units, garages, trellis, patios, and similar structures, but not patio slabs, hardscape, driveways, swimming pools or spas, and shall be measured from the exterior walls and posts of all structures.

3. For storage sheds, the provisions of Chapter 18.20.210 shall apply.

G. Fences and Walls. The provisions of Chapter 18.20.110 shall apply.

1. Required. A fence or wall six feet in height or greater may be required due to conditions on the property or physical hazards, such as frequent inundation, erosion, excavation or grade separation when such are determined by the planning director to be dangerous to health or safety.

2. Permitted. Except as provided in this chapter, fences and walls not greater than six feet in height shall be permitted on or within all rear and side property lines, and on or to the rear of all front setback lines. Fences and walls not over forty-two inches in height shall be permitted in any required front yard abutting a street and in any required side yard abutting a street.

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a. Where a lot has been developed with a residential use prior to March 31, 2005, a fence or wall not greater than six feet in height shall be permitted on or within the side yard abutting a street.
b. Landscaping shall not be installed to circumvent the intent of this section H. Off-Street Parking. The provisions of Chapter 18.156 shall apply. No structure for parking purposes shall be located closer than twenty feet to the property line. Any garage or carport having an opening facing a street shall be provided with a garage door.

I. Recreational Vehicle Storage. Permanent access and storage space shall be provided on all lots or parcels created after June 13, 1973 for recreational vehicles, trailers, boats, or camper shells. Such storage space shall be located behind the main building line, within the interior side yard, or in the rear yard. Further, such space shall be not less than ten feet wide by twenty-five feet long, and, when actually used for storage of recreational vehicles, tThe provisions of Section 18.156.100 of this title shall also apply.

J. Signs. The provisions of Chapter 18.152 shall apply.

K. Minimum Residential Structure Size. Each residential structure in the S-F zone shall have a minimum floor area as set forth below:

1. S-F 7,500 – 9,999

18.24.040
Two bedrooms 1,050 square feet
Three bedrooms 1,200 square feet
For each additional bedroom 150 square feet

3. S-F 10,000 (and greater).

Two bedrooms 1,400 square feet
Three bedrooms 1,600 square feet
For each additional bedroom 150 square feet
(Ord. 1188 § 2, 2009; Ord. 1148 § 1, 2005; Ord. 1071 §§ 1, 2, 1997; Ord. 899 § 1, 1989; Ord. 797 § 2, 1983; Ord. 771 § 1, 1982; Ord. 631 § 1, 1978; Ord. 565 § 3, 1977; Ord. 526 § 1, 1976; Ord. 412 § 2, 1973; Ord. 37 § 223.06, 1961)

18.24.050 Property development standards involving side yard easements.

The following property development standards shall apply to single-family developments utilizing side yard easements.

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A. Yards.

1. Front. There shall be a minimum front yard setback of twenty feet with a straight-in driveway, and a fifteen-foot setback with a swing-in driveway.

2. Side. There shall be a side yard of five feet minimum on each side of the dwelling, one of which shall be granted as an easement to the adjacent neighbor to accomplish a minimum ten-foot side yard on one side of each lot.

3. Rear. There shall be a rear yard setback of ten feet minimum.

3.4. The house design and floor plan shall take advantage of the space created.

B. Projections Into Rear or Side Yards.

1. Eaves, balconies, patio roofs and exterior stairways may project not more than fifty percent into the required yard.

2. Fireplaces may project twenty-four inches into a required yard.

C. Walls and Fences. Retaining walls, where necessary, garden walls and fences shall be constructed between all lots to guarantee privacy and encourage maximum use of outdoor areas.

D. Maximum Lot Coverage. Structures and paving shall not exceed sixty percent of the individual lot area.

E. Off-Street Parking. The provisions of Chapter 18.156 shall apply.

F. Signs. The provisions of Chapter 18.152 shall apply.

G. Utilities. All utility services shall be installed underground.

H. Lighting. All lighting shall be located in a manner such that it will not reflect upon adjoining areas.

I. Refuse Storage. A provision shall be made for individual or collective storage containers on the development plan.

J. Recreational Vehicle Storage. The provisions of Section 18.156.100 of this title shall apply. There shall be a common area for the parking of trailers, boats, campers, camper shells, motorhomes and similar vehicles equal to one ten-foot by twenty-foot storage space for each three dwelling units or fraction thereof. Adequate access and maneuverability shall be provided.

The area shall be enclosed with a six-foot-high or greater, decorative masonry wall with perimeter screening landscaping. Landscaping shall include trees and shrubs and shall be sprinklered by an electric remote control sprinkler system. Gates shall be constructed of wood.

The area shall be adequately lighted, provided with yard drains for adequate drainage, and shall have electrical outlets and hose bibs.

K. Open Green Areas. A minimum of forty percent of the total lot area shall be usable open space with no dimension less than ten feet, which shall not include streets, vehicular accessways or parking areas. (Ord. 507 § 2, 1975; Ord. 37 § 223.07, 1961)

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18.24.060 Modification of development standards.

The purpose of this section is to promote residential amenities beyond those expected in a conventional development, to achieve greater flexibility in design, and to encourage wellplanned neighborhoods through creative and imaginative planning as a unit. This section permits flexibility in site design and variety in development. This section shall apply to subdivisions only.

A. Planning Commission Review.

1. Where the planning commission finds that the design quality, efficiency of land use and residential character of the development is enhanced, well integrated and properly oriented, the commission may modify the development standards set forth in Section 18.24.040.

B. Application for Modification.

1. The developer or property owner shall request, in writing, the desired modifications.

Such request shall:
a. State reasons for the request and show how the purposes of Section 18.24.040 are fulfilled;
b. Include development plans, elevations and renderings; c. Provide such other data, plans and evidence as the commission may deem necessary to reach a determination. (Ord. 412 § 2, 1973; Ord. 37 § 223.08, 1961)

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Exhibit C
Municipal Code Text Amendment 24-09
*New text changes are in Blue and Underlined
*Deleted text is in Red and Strikethrough
Chapter 18.35 - SF-DR SINGLE-FAMILY DOWNTOWN RESIDENTIAL ZONE Sections:

18.35.010 Purpose.

18.35.020 Uses permitted.

18.35.030 Uses permitted by conditional use permit.

18.35.040 Property development standards.

18.35.050 General development standards.

18.35.060 Development plan review.

18.35.070 Design guidelines.

18.35.080 Provisions for existing residential and noncommercial improvements.

18.35.090 Provisions for existing commercial uses.

18.35.010 Purpose.

The SF-DR single-family downtown residential zone is intended to provide for the development of single-family residential homes within the downtown residential neighborhood area, with not more than one dwelling unit permitted on any lot or parcel. (Ord. 1007 § 1, 1993)

18.35.020 Uses permitted.

In the SF-DR zone, building, structures and land shall be used, and buildings and structures shall hereafter be erected, structurally altered or enlarged only for the uses enumerated below. All uses shall be subject to the property development and general development standards in Sections 18.35.040 and 18.35.050.

A. Primary Uses.

1. One sSingle-family residential dwelling unit.

2. Home care facilities, as described and regulated in Chapter 18.142.060 Home Care Facilities.

B. Incidental Uses.

1. Accessory dwelling unit;

2. Junior accessory dwelling unit;

1.3. Home occupations;

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2. 4. Household pets as described and regulated in Chapter 18.20 Residential Zones Generally.

5. Garage and yard sales, as described and regulated in Chapter 18.196 Temporary Uses.

C. 6. Nonhabitable accessory buildings or structures, including, but not limited to, the following:

1. a. Private garage pursuant to Chapter 18.156;

2. b. Carport;

3. c. Garden greenhouse;

4. d. Recreation room;

5. e. Workshop;

6. f. Freestanding patio covers and decks;
g. Swimming pools and spas.
h. Canopy, vehicle covers, and other membrane structures, as described and regulated in Chapter 18.20.080 Residential Zones Generally.
i. Outdoor storage and storage containers, as described and regulated in Chapter

18.20.180 Residential Zones Generally.
(Ord. 1226 § 1, 2014; Ord. 1007 § 1, 1993)

18.35.030 Uses permitted by conditional use permit.

The following uses shall be permitted in the SF-DR zone pursuant to the provisions of Chapter 18.200:

A. Churches, convents and/or rectories;
B. Libraries;
C. Educational institutions (public or private);
D. Day care centers;
E. Public safety facilities, including but not limited to fire and law enforcement stations; F. Public utility substations;
G. Public or private utility service facility, including vehicle, equipment and material parking/storage and related activities. (Ord. 1007 § 1, 1993)

18.35.040 Property development standards.

The following property development standards shall apply to all land and buildings in the SF-DR zone.

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A. Lot Area.

1. Minimum Lot Size. Minimum seven thousand square feet required.

2. Five Six Thousand to Seven Six Thousand Nine Hundred Ninety-Nine Square Feet.

Any lot with an area less than seven thousand square feet, but greater than or equal to six five thousand square feet, held under separate ownership of record on the effective date of the ordinance codified in this section, may be developed in accordance with standards applicable to lots containing seven thousand square feet without reference to lot width or depth requirements.

Existing structures may be modified, altered or added onto subject to compliance with the development standards of this chapter.

3. Less than Six Thousand Square Feet. No new development shall be permitted on parcels with less than six thousand square feet. Existing structures may be modified, altered or added onto subject to compliance with the development standards of this chapter.

3.4. Parcels Abutting Remnant Railroad Parcels. If a development parcel is greater than six thousand square feet, but less than seven thousand square feet and abuts a remnant railroad parcel, the property owner of the development parcel shall enter into an agreement with the city to assume ownership, and merge, the two parcels prior to the issuance of a building permit.

B. Lot Dimensions.

1. Width. Each lot shall have a minimum width of fifty feet, measured at each and every point between two boundaries at either side of the lot which are perpendicular, or approximately perpendicular, to a public right-of-way upon which the lot has frontage or to which the lot has access.
a. The minimum width of a flag lot may be reduced to twenty feet, provided that this minimum width shall pertain solely to that portion of the flag lot upon which is located at the right-of-way connecting the remainder of the flag lot to a public right-of-way. b. The remainder of the flag lot shall meet the minimum width, depth and area requirements of this chapter. The pole driveway portion of a flag lot shall not be calculated as minimum required parcel lot size. The pole portion shall be used for access only and shall not be used for the placement of any structures.

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Figure 1. Flag Lot

2. Depth. Minimum one hundred twenty-five forty feet.

C. Building Height.

1. No building or structure erected in this zone shall have a height greater than thirty feet or two stories, whichever is less, except as provided in Section 18.35.070 of this chapter.

2. Exception. A steeple, spire or other similar projection above a building used primarily for religious purposes, may extend the total height of the structure and steeple, spire or other similar projection as high as forty-five feet; provided, that the height of the steeple, spire or other similar projection is harmonious in design with the building or structure and with the surrounding neighborhood and a development plan is approved by the development plan review board in accordance with Chapter 18.12 of this title.

D. Yards.

1. Front. There shall be a front yard setback of twenty feet.

2. Sides. Each lot or parcel of land shall have a minimum setback of five feet on one side and ten feet on the other side.

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a. Detached Garages and Accessory Buildings. There shall be a minimum side yard setback of five feet. Zero lot line may be utilized provided that the minimum setback on the other side is ten feet.
b. Each lot with an existing nonconforming dwelling unit or structure which otherwise meets current building and zoning requirements, may have additions placed at existing building setbacks with not less than five-foot side yards; except where the required ten-foot side yard exists pursuant to subsection (D)(2) on the original structure and can be maintained for any additions.

3. Corner Lots. The interior side yard shall be a minimum of five feet in width, and the side yard abutting the street shall be a minimum of ten feet in width.

4. Rear. The minimum rear yard shall be three feet.
i. Regular Lots. Each lot or parcel of land shall have a minimum rear yard setback of ten feet for main habitable structures and five feet for accessory structures. The ten feet or five feet rear yard setback shall be maintained exclusive of any structural or other physical encroachments other than eave overhangs or improvements (i.e. which do not project more than twenty-four inches into the required yard.
ii. Alley Loaded Lots.
a. For garages accessed from the alley, the rear yard setback shall be three feet or twenty feet.
b. For garages not accessed from the alley and all other structures, the rear yard setback shall be five feet.
c. Eave overhangs or improvements (i.e. bay windows, fireplaces), which do not project more than twenty-four inches.
iii. Sheds which do not require a building permit (i.e. less than 120 square feet, no higher than 12 feet and do not have any utilities), shall have a two-foot rear yard setback from the property line. The edge of roof must also be a minimum of twelve inches setback from property line to allow for onsite drainage.

5. Projections into Required Yards.
a. Eaves on main dwelling unit and accessory structures, balconies, fireplaces, bay windows, and exterior stairways may not project more than twenty- four inches into the required yard.
b. Mechanical equipment such as air conditioning units, water softeners, solar panel equipment boxes, and/or generators must be no closer than five feet from the side property line, screened from public view to the extent physically possible, and located behind the front main building line, or an existing gate and/or wall.
c. Sheds which do not require a building permit (i.e. less than 120 square feet, no higher than 12 feet and do not have any utilities), may encroach into the side and rear yard setbacks; however, they must be a minimum of two feet away from the side and rear property lines. The edge of the roof must be a minimum of twelve inches away from property line to allow for onsite drainage.

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E. Lot Coverage. The maximum lot coverage of all structures shall not exceed thirty-five percent of the total area of the lot or parcel. Notwithstanding, any lot or parcel with a required area of less than seven thousand square feet pursuant to this chapter may have lot coverage from thirty-five to no more than forty percent provided that all structures on the subject property do not exceed one story. For the purposes of this section, structural lot coverage shall include patio covers, trellises, carports or nonhabitable accessory structures, but not patio slabs, hardscape, driveways, swimming pools or spas, and shall be measured from the exterior walls and post for structures. For storage sheds, the provisions of Chapter 18.20.210 shall apply. (Ord. 1007 § 1, 1993)

18.35.050 General development standards.

The following general development standards shall apply to all land, uses, buildings and structures within the SF-DR zone:

A. Off-Street Parking. The provisions of Chapter 18.156 of this title shall apply. Any structure provided for parking purposes shall comply with the applicable development standards of this chapter.

B. Alley Access. If there is alley access for the parcel, a detached garage shall face the alley. If the garage is located twenty feet or closer to the alley, then an automatic garage door opener is required. Automatic garage door openers are optional if the garage is located twenty feet or greater from the alley, or has a swing-in garage design.

C. Recreational Vehicle Storage. The provisions of Section 18.156.100 of this title shall apply. Permanent storage space may be provided on all lots or parcels for trailers, boats, motorhomes and camper shells. Such space shall be located behind the main building line, within the side or rear yard setback. Such space shall measure a minimum of ten feet wide by twenty-five feet long, shall be paved with Portland cement concrete at least three and one-half inches thick.

D. Utilities. All utilities shall be installed underground. The provisions of Section

18.20.230 of this title shall apply.

E. Refuse Storage. All outdoor trash, garbage, refuse and recyclables storage shall be screened from public view. The provisions of Section 18.20.190 of this title shall apply.

F. Signs. The provisions of Chapter 18.152 shall apply.

G. Landscaping. All front yards shall be maintained with landscaping. Such landscaping shall be maintained in a neat, clean, and weed and disease free manner. In addition to lawn, trees, shrubs, flowers and similar vegetation, required landscaping may include decorative hardscape and drought tolerant xeriscape. The provisions of Section 18.20.150 of this title shall apply.

H. Fences and Walls. Fence and wall construction materials shall consist of masonry, wood or decorative tubular steel/wrought iron.

1. Permitted. Fences and walls not greater than six feet in height shall be permitted on or within all rear, side, or secondary street frontage of a corner lot, and on or to the rear of all front

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setback lines. Fences and walls not over forty-two inches in height shall be permitted in the required front yard.

2. Retaining Walls and Slopes. For the purposes of this section, when a difference in grade exists, the total wall height of six feet shall be measured from the average point of the lowest grade and highest grade, to the top of wall. In no case shall the total wall height, as measured from the lowest grade, exceed eight feet. The provisions of Section 18.20.110 of this title shall apply. (Ord. 1007 § 1, 1993)

18.35.060 Development plan review.

Before any building or structure is erected in this zone, or building modifications performed, a development plan shall be reviewed and approved pursuant to the provisions of Chapter 18.12 of this title. (Ord. 1007 § 1, 1993)

18.35.070 Design guidelines.

The single-family downtown residential zone contains many examples of historical architecture and quality residential design. The following design considerations should be incorporated during the design process for new, remodeled and residential additions, as referenced in the city towncore design guidelines.

A. Historical. Examples of residential architectural design within the single-family downtown residential zone reflect architecture typical of the early California period. Such styles include Craftsman Bungalow, Queen Anne, Colonial Revival and Spanish Colonial Revival.

B. Architectural. Development, additions and remodels within the single-family downtown residential zone should be compatible with the surrounding and existing residences as well as reflect early California architecture. Consistency of building materials and colors, as well as historical integrity, should be reflected in new construction, remodels and additions. Additions, remodels and similar improvements to historically significant residential structures are subject to review by the review authority in accordance with Chapter 18.12 of this title.development plan review board pursuant to code section 18.12.

C. Incentives. Development which the development plan review board determines demonstrates architectural quality and historical integrity shall be eligible for modification to the following development standards:

1. Required Yards. A maximum of a twenty percent reduction in required yards for the placement of verandas, porches, balconies, windows, and piers, columns, posts and similar architectural features.

2. Building Height. An increase in the maximum building height to thirty-five feet for elements such as raised foundations, turrets, roof pitch and similar architectural features which are historically significant and consistent with the city towncore design guidelines. (Ord. 1007 § 1, 1993)

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18.35.080 Provisions for existing residential and noncommercial improvements.

Existing residential and noncommercial improvements built in conformance with building and zoning codes in effect at the time of construction may be maintained as currently existing, pursuant to the following provisions:

A. Such existing improvements and site conditions may be repaired, maintained, repainted, remodeled, enlarged and/or the landscaping upgraded, without conforming with Section 18.35.020.

B. Residential and noncommercial uses made nonconforming pursuant to this chapter, shall not be subject to the provisions of Chapter 18.204.170 (B) of this code. Residential and noncommercial uses may remain and function as noncommercial use(s) pursuant to the provisions of this section.

C. Existing nonconforming residential and noncommercial improvements, or portions of nonconforming residential and noncommercial improvements, destroyed or substantially damaged by natural catastrophe may be repaired, rebuilt, or enlarged pursuant to the following provisions:

1. Such work shall be permitted only on those improvements permitted and constructed in conformance with the building and zoning codes in effect at the time of original construction.

2. Approval of such work shall be obtained from the review body in accordance with Chapter 18.12 of this title development plan review board, which shall review the development plans and other pertinent information to einsure that all other applicable provisions of this chapter are satisfied and that no new nonconformity will be created.

3. The maximum lot coverage of rebuilt nonconforming residential structures shall not exceed thirty-five percent, except as provided herein.
a. If the lot coverage of the structure(s) is less than thirty-five percent, these structures may be enlarged by ten percent or to a total maximum lot coverage of thirty-five percent, whichever is less.
b. The increase in square footage/lot coverage shall be granted one time only. Once work has been completed on the number and type of structure(s) then permitted on the property in conformance with the provisions of this section, no further increase in habitable square footage/lot coverage shall be permitted.
c. If a nonconforming residential structure(s), which exceeds thirty-five percent lot coverage is destroyed or substantially damaged, the structure(s) may be rebuilt at the lot coverage existing at the time of destruction or substantial damage, provided that no structure(s) be rebuilt to a lot coverage greater than forty percent.

4. In any case, the maximum number of residential units which can be rebuilt in conformance with the provisions of this section shall not exceed two units per parcel.

D. For the purposes of this chapter, noncommercial structures only include existing churches, temples, educational institutions, fraternal organization facilities and/or public facilities. (Ord. 1007 § 1, 1993)

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18.35.090 Provisions for existing commercial uses.

Any nonconforming commercial structures destroyed, substantially damaged, or demolished by natural catastrophe or intentional act must be reestablished as a residential use in conformance with the provisions of this chapter. (Ord. 1007 § 1, 1993)

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Exhibit D
Municipal Code Text Amendment 24-09
*New text changes are in Blue and Underlined
*Deleted text is in Red and Strikethrough
Chapter 18.28 – SF-A SINGLE-FAMILY AGRICULTURE ZONE
Sections:

18.28.010 Purpose.

18.28.020 Uses permitted.

18.28.030 Uses permitted by conditional use permit.

18.28.035 Prohibited uses.

18.28.040 Keeping of horses.

18.28.050 Keeping of potbellied pigs as domestic pets.

18.28.060 Wildlife care and rehabilitation facilities.

18.28.010 Purpose.

The SF-A single-family agriculture zone is intended to provide for the development of singlefamily residential homes at urban standards, with not more than one dwelling unit permitted on any lot or parcel, and permitting certain domestic animals. (Ord. 37 § 3.02.00, 1961; Ord. 487 § 2, 1975; Ord. 1226 § 1, 2014)

18.28.020 Uses permitted.

Property in the SF-A zone may be used for:

A. Any use permitted in the S-F zone subject to all regulations applying to the S-F zone.

B. Wholesale nurseries, orchards, the raising of field crops. This subsection does not permit roadside stands, retail sale from the premises, or advertising signs of any nature.

C. Animal Keeping.

1. In addition to those animals permitted under Chapter 18.20 Residential Zones Generally, in the SF-A zone, on parcels of eleven thousand square feet or larger, containing not more than one dwelling unit, domestic animals shall be permitted within the following limitations, and solely for the use of the family residing on the parcel:
a. Rabbits, not to exceed one buck and four does;
b. Fowl (not including roosters) for meat purposes, not to exceed twenty-five;

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c. Chickens for eggs (hens only), not to exceed twenty layers; d. Calves, not to exceed one calf under two years of age, and none older; e. Goats, not to exceed three;
f. Sheep, not to exceed three;
g. Horses, in accordance with the provisions of Section 18.28.040; h. Potbellied pigs, in accordance with the provisions of Section 18.28.050; i. Wildlife care and rehabilitation facilities in accordance with the provisions of Section

18.28.060.

2. All animals shall be properly housed at a distance of not less than thirty-five feet from any residence. If allowed outside their houses, animals shall be kept within adequate fences so that they do not have access to neighboring property.
(Ord. 37 § 3.02.01, 1961; Ord. 487 § 2, 1975; Ord. 558 § 1, 1976; Ord. 1074 § 1, 1997; Ord. 1226 § 1, 2014)

18.28.030 Uses permitted by conditional use permit.

The following uses may be permitted by conditional use permit:

A. Aviaries. This use shall be permitted on parcels of not less than one acre. Any structures used in connection with the use shall be located in accordance with the provisions of the County Health Code.

B. Churches and religious institutions.
(Ord. 37 § 3.02.02, 1961; Ord. 558 § 2, 1976; Ord. 1226 § 1, 2014)

18.28.035 Prohibited uses.

The following uses are prohibited in the single-family agriculture zone:

A. The keeping of roosters and peacocks for any use is prohibited in the city.

18.28.040 Keeping of horses.

In the SF-A zone, horses may be quartered and maintained subject to the following conditions:

A. The horses, including ponies, but excluding foals under twelve months, may be maintained under this section only for breeding purposes or for the personal use of the family residing on the lot or parcel.

1. A registered horse breeder may maintain an additional three horses for breeding purposes provided a permit for such purposes has been issued. A permit may be issued to the owner of a stallion for a period of one year, subject to the following conditions:
a. The breeder shall maintain the horses on a lot or parcel of one acre minimum, or greater, in

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size;
b. Upon favorable recommendation of a committee appointed by the city council to review the application for permit.

B. Each lot or parcel shall be at least sixteen thousand square feet in size, and no more than two horses shall be kept on any such lot or parcel. One additional horse may be kept for each seven thousand five hundred square feet of land in excess of the original sixteen thousand, provided that the total number of horses maintained shall not exceed five, unless a conditional use permit is obtained. The conditional use permit may have attached to it such conditions that are deemed necessary in order to ensure that the maintenance of horses does not interfere with the reasonable use and enjoyment of the adjacent and surrounding properties. No fee shall be charged for the conditional use permit required in this subsection.

C. The Each horses shall be maintained in accordance with the following:

1. An open corrals containing at least two hundred eighty-eight square feet, e.g., twelve feet by twenty-four feet per horse in addition to an in enclosed box stalls or stable, which shall have a weatherproof roof, containing at least one hundred forty-four square feet, e.g., twelve feet by twelve feet per horse.

2. The corral must be no closer than No part of any corral, box stall, or stable shall be located:
a. Within thirty-five feet from any residence habitable structure located on the same lot or parcel,; and
b. Aat least eighty feet from any habitable structure residence located on an adjacent lot or parcel, and
c. At least one-hundred feet from any school building or hospital building.

3. Corrals, box stalls, and stables shall conform to building setbacks from any public or private streets.

D. 4. The corral areas shall consist of fences of at least five feet in height and of such construction so as to confine the horses.

5. The corral, box stall, and stable areas shall be sprinklered or otherwise treated to a degree so as to prevent the emanation of dust. In addition, all accumulation of manure, mud or refuse shall be eliminated so as to prevent the breeding of flies.

E. In conjunction with the corrals, there shall be weatherproof roofs of at least sixty-four square feet per horse.

DF. Nothing in this chapter shall permit the keeping of horses for any commercial purposes, such as boarding of horses or the keeping of horses not principally for the use of the members of the resident family of the subject property.

G. The corral and stable areas shall be sprinkled or otherwise treated to a degree so as to

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prevent the emanation of dust. In addition, all accumulation of manure, mud or refuse shall be eliminated so as to prevent the breeding of flies.
(Ord. 1074 § 2, 1997; Ord. 1226 § 1, 2014)

18.28.050 Keeping of potbellied pigs as domestic pets.

This section shall authorize the keeping of the breed of swine commonly known as the Vietnamese potbellied pig or shari pig. Said animal shall only be allowed to be maintained as a domestic pet and shall only be authorized for property with a single-family agriculture (SF-A) zone designation. In addition, the following standards shall apply:

A. The single-family agriculture (SF-A) property shall have a minimum lot or parcel size of sixteen thousand square feet.

B. The potbellied pig animal shall not exceed a height of twenty-two inches and a weight not in excess of one hundred forty pounds.

C. Not more than two potbellied pig animals shall be allowed per residential lot or parcel.

D. The potbellied pig animal shall be licensed in the same manner as dogs are licensed pursuant to Section 6.08.010 of the San Dimas Municipal Code. Furthermore, the owner of the potbellied pig animal shall be subject to the same penalties for failure to obtain a license as a dog owner.

E. The owner or custodian of the potbellied pig animal shall only maintain said animal as a domestic pet and keep the premises where said animal resides in a clean, odor free and sanitary condition at all times.

F. The provisions of Chapter 6.24 which regulate noise from barking dogs shall apply to the sounds emanating from potbellied pigs.

G. It is unlawful and an infraction, subject to punishment in accordance to provisions of Chapter 1.12 of the San Dimas Municipal Code, for any owner or custodian of a potbellied pig animal to allow or permit such animal to be off the premises of the owner or custodian unless such animal is securely restrained by a leash of not more than six feet in length, and of sufficient strength to prevent the escape of said animal. Furthermore, the owner or custodian of said animal shall be a person capable of keeping the animal under effective charge and control.

H. Any potbellied pig animal which molests a passerby or passing vehicles, attacks other animals, trespasses on school grounds, is repeatedly at large, damages and/or trespasses on private or public property, grunts, whines, howls, honks, squeals, screeches, or otherwise makes or creates excessive, continuous or untimely noise, shall be considered and deemed a nuisance.
(Ord. 1074 § 3, 1997; Ord. 1226 § 1, 2014)

18.28.060 Wildlife care and rehabilitation facilities.

For the purposes of this section, wildlife care and rehabilitation facilities shall be defined as an activity undertaken, as an accessory use on residential property, to restore to a condition of good health, for the purposes of releasing into the wild, animals that naturally and typically

Ordinance 1320 Page 39
Approving MCTA 24-09
inhabit the area, but are not normally domesticated. Wildlife care and rehabilitation facilities may only be permitted as an accessory use on residential property zoned single-family agriculture (SF-A). In addition, the following standards shall apply:

A. The minimum lot or parcel size necessary to maintain the wildlife care and rehabilitation facility shall be not less than sixteen thousand square feet.

B. This section shall only authorize those facilities which are permitted by, and operated pursuant to, the provisions of the state of California Department of Fish and Game as a designated wildlife care and rehabilitation facility.

C. A wildlife care and rehabilitation facility shall be subject to review by, and shall receive the approval of, the director of Community Development pursuant to the provisions of Section

18.12.050(C) of the San Dimas Municipal Code.

D. The wildlife care and rehabilitation facility shall maintain a valid permit and approval as required by subsections B and C of this section at all times, or the approval shall become null and void.

E. The wildlife care and rehabilitation facility shall meet and maintain all conditions and standards set forth in Section 679, Title 14, California Code of Regulations. All activities involving wildlife care and rehabilitation shall be carried out in accordance with those regulations and permit conditions.

F. The owner/operator shall produce and shall maintain on the location any permit and/or certification issued by the state of California, Department of Fish and Game authorizing the operation of a wildlife care and rehabilitation facility. Such evidence must be produced when requested by the city staff, officers of the Pomona Valley Humane Society and/or any peace officer.

G. The owner/operator or custodian of a wildlife rehabilitation facility shall keep, or cause to be kept, the subject premises in a clean, odor free and sanitary condition at all times.

H. It is unlawful and an infraction, subject to punishment in accordance with Chapter 1.12 of the San Dimas Municipal Code for any owner/operator or custodian of any wildlife care and rehabilitation facility to allow or permit any animal to be off the premises. This provision does not apply to the transfer of an animal to and/or by a bona fide institution authorized in writing by the local warden of the California Department of Fish and Game. (Ord. 1074 § 4, 1997; Ord. 1226 § 1, 2014)

Agenda Item Staff Report
To: Honorable Mayor and Members of City Council
For the Meeting of September 23, 2025
From: Brad McKinney, City Manager
Prepared by: Michael O'Brien, Director of Administrative Services Subject: Receive and File the Revised June 2025 Investment Report to Reflect Remaining Fair Market Value Adjustments and Voided Checks. ____________________________________________________________________________

SUMMARY
Monthly Reporting for the City of San Dimas investment of idle funds and Cash Condition.

RECOMMENDATION
Staff recommends that the City Council:
• Receive and file Investment and Cash Condition revised report for the month of June 2025
GOVERNMENT CODE §84308 APPLIES:
https://leginfo.legislature.ca.gov
No

FISCAL IMPACT
There is no fiscal impact for the recommended action.

DISCUSSION/ANALYSIS
This past July, City Council received and filed June’s Cash Investment Report. In the course of closing out Fiscal Year 2024-25, adjustments were made that changed the balances previously reported.

Per the adopted Investment policy for the City of San Dimas, Investment Reports must be issued monthly to the City Council for review. Because of the timing of the second meeting in July 2025, information regarding the fair market value adjustments for certain investments were not available at the time the report was prepared for Council to review. Additionally, some

Receive and File the Revised June 2025 Investment Report Page 2 For the Meeting of September 23, 2025
checks that were recorded as payable in Fiscal Year 2024-25 had to be voided. The fair market value adjustments and the voided checks created a change in the reportable values as of June 30, 2025.

The results were an addition to the total cash on hand at year end.

The following table shows the changes from the two reports:

Investment Previously Reported Revised Net Change
Checking & Money
Market Accounts
$2,793,001.54 $2,860,598.33 ↑ $67,596.79
Local Agency
Investment Fund
$9,004,248.34 $9,015,038.22 ↑ $10,789.88

ENVIRONMENTAL REVIEW
Pursuant to CEQA guidelines Section 15061 (b)(3), CEQA does not apply to this item because there is no potential for causing a significant effect on the environment. Therefore, no additional environmental review is needed at this time.

Respectfully submitted,
Michael O'Brien
Director of Administrative Services
Attachments:

1. June 2025 Revised Investment and Cash Condition Report

CITY OF SAN DIMAS

MONTHLY CASH BALANCE INVESTMENT REPORT
JUNE 2025

ENDING BALANCE
($383,702.98)
BMO HARRIS - MONEY MARKET ACCOUNT $3,213,948.45
$2,640.00
$9,015,038.22
$6,019,090.92
$14,351,325.10
CASH HELD WITH INVESTMENTS $27,712.86
CUSIP # COUPON
YIELD

PURCHASE

YIELD MATURITY PAR VALUE FAIR MARKET VALUE
CHEVRON - 3 YEAR BOND 166756ALO 1.02% 4.75% 8/12/2027 $250,000.00 $235,047.50 UNITED HEALTH GROUP - 4 YEAR BOND 91324PDK5 3.85% 4.73% 6/15/2028 $250,000.00 $247,712.50 ADVOCATE HEALTH & HOSPS CORP 007589AA2 3.83% 4.64% 8/15/2028 $305,000.00 $301,388.80 NY LIFE GLOBAL - 5 YEAR BOND 64952WFF5 4.70% 4.76% 1/29/2029 $500,000.00 $506,415.00 METLIFE GLOBAL - 5 YEAR BOND 59217GFR5 4.85% 4.90% 1/8/2029 $250,000.00 $254,515.00 MASS MUTUAL GLOBAL - 5 YEAR BOND 57629W4T4 5.15% 5.15% 5/30/2029 $250,000.00 $256,905.00 NORTHWESTERN MUT GLOBAL - 5 YEAR BOND 66815L2Q1 4.71% 5.16% 1/10/2029 $250,000.00 $252,935.00 ATHENE GLOBAL FDG - 5 YEAR BOND 04685A3G4 2.71% 4.43% 1/7/2029 $350,000.00 $326,266.50 TOYOTA MTR CORP 59217GFR5 3.65% 4.20% 1/9/2029 $300,000.00 $294,432.00 RGA GLOBAL - 5 YEAR BOND 76209PAB9 2.70% 4.50% 1/18/2029 $300,000.00 $281,358.00 MERCEDES BENZ - 4.85 YEAR BOND 233851DW1 3.10% 4.64% 8/15/2029 $350,000.00 $329,896.00 ASCENSION TAXABLE - 4.5 YEAR BOND 04352EAA3 4.45% 4.45% 8/15/2029 $350,000.00 $326,193.00 MUTUAL OF OMAHA - 5 YEAR BOND 62829D2E9 4.75% 4.75% 10/15/2029 $250,000.00 $251,957.50 $3,865,021.80
CALIFORNIA ST DEPT WATER - 4 YEAR BOND 13067WRF1 1.32% 4.70% 12/1/2028 $250,000.00 $215,147.50 CALIFORNIA ST DEPT WTR - 3 YEAR BOND 13067WRF1 1.32% 4.28% 12/1/2028 $330,000.00 $316,410.90 YUCAIPA VY CALIF WATER DISTRICT 98840BBD4 2.29% 4.72% 9/1/2027 $250,000.00 $241,347.50 ONTARIO CALIFORNIA PUB - 3 YEAR BOND 68304RCD0 1.81% 4.52% 10/1/2027 $255,000.00 $242,415.75 CALIFORNIA ST UNIV REV SYSTEMWIDE- 4 YEAR BOND 13077DQG0 3.85% 4.70% 6/15/2028 $310,000.00 $286,409.00 SOLANO CALIF COMMUNITY COLLEGE - 4 YEAR BOND 83412PHB1 1.48% 4.50% 8/1/2028 $350,000.00 $325,948.00 05565ECR4 4.65% 5.00% 8/13/2029 $300,000.00 $300,888.00 PACIFIC LIFE GLOBAL - 4.5 YEAR BOND 6944PL3C1 4.50% 4.55% 8/28/2029 $250,000.00 $251,232.50 AIG GLOBAL - 4.43 YEAR BOND 00138CBC1 4.90% 4.90% 12/3/2029 $350,000.00 $354,872.00 PROTECTIVE LIFE GLOBAL - 4.8 YEAR BOND 74368CCA0 4.77% 4.77% 12/9/2029 $350,000.00 $354,245.50 SAN BUENAVENTURA CALIFORNIA WATER - 4.5 YEAR BOND 797055DQ0 4.37% 4.37% 1/1/2030 $305,000.00 $275,228.95 WESTERN - SOUTHERN GLOBAL - 5 YEAR BOND 95954A2A0 4.50% 4.90% 5/1/2030 $350,000.00 $353,346.00 UNIVERSITY OF CALIFORNIA - 5 YEAR BOND 91412HJR5 4.43% 4.43% 5/15/2030 $500,000.00 $450,415.00 $3,967,906.60
FEDERAL NATIONAL MTG ASSN - 4 YEAR BOND 3135GASJ1 4.50% 4.70% 5/17/2028 $250,000.00 $249,620.00 FEDERAL HOME LOAN - 5 YEAR BOND 1334HA2L6 4.37% 4.55% 1/16/2030 $500,000.00 $499,350.00 $748,970.00
WELLS FARGO & CO MEDIUM TERM - 3 YEAR BOND 95001DC40 4.50% 4.50% 7/28/2025 $250,000.00 $249,590.00 CFI- 5 YEAR BOND 17298CK64 1.00% 1.00% 8/28/2025 $500,000.00 $497,165.00 BANK OF AMERICA - 5 YEAR BOND 06048WK25 0.75% 0.75% 10/30/2025 $250,000.00 $247,067.50 GOLDMAN SACHS GROUP - 5 YEAR BOND 38150EH4 0.80% 0.80% 11/24/2025 $290,000.00 $286,247.40 JP MORGAN BOND - 5 YEAR BOND 48128G3G3 1.20% 1.20% 4/30/2026 $285,000.00 $277,501.65 EXXON MOBILE CORP - 7 YEAR BOND 30231GBD3 2.28% 0.98% 8/16/2026 $250,000.00 $245,130.00 GOLDMAN SACHS GROUP - 5 YEAR BOND 38150AJ63 1.70% 1.70% 10/29/2026 $210,000.00 $202,505.10 MORGAN STANLEY FIN GLOBAL - 5 YEAR BOND 61766YGT2 1.35% 1.35% 11/18/2026 $250,000.00 $241,070.00 JP MORGAN CHASE BOND - 5 YEAR BOND 48128G5Y2 2.10% 2.10% 1/29/2027 $270,000.00 $260,188.20 BANK OF AMERICA - 5 YEAR BOND 06048WS84 2.75% 2.75% 3/2/2027 $250,000.00 $243,492.50 MORGAN STANLEY-FIN GLOBAL 5 YEAR BOND 61766YJQ5 3.25% 3.25% 4/13/2027 $250,000.00 $242,802.50 INTEL CORP - 5 YEAR BOND 458140BY5 3.75% 4.25% 8/5/2027 $250,000.00 $246,672.50 $3,239,432.35
CALTRUST INVESTMENT PROGRAM-MEDIUM TERM 4.02%

CALTRUST LIQUIDITY FUND
INVESTMENTS HELD WITH TVI:

PACIFIC SECURITIES COMMERCIAL & MUNICIPAL BONDS INVESTMENTS SUBTOTAL:

PACIFIC SECURITIES CORPORATE BONDS INVESTMENTS SUBTOTAL:

PACIFIC SECURITIES GOVERNMENT SPONSORED ENTERPRISES (GSE) AGENCY BONDS INVESTMENTS SUBTOTAL:

BMW US CAP LLC - 4.5 YEAR BOND

4.37%
INVESTMENTS HELD WITH GREAT PACIFIC SECURITIES:

SUMMARY OF BANK BALANCES YIELD

0.75%

4.269%

BMO HARRIS - GENERAL ACCOUNT

SAN DIMAS PETTY CASH - IMPREST FUNDS

LOCAL AGENCY INVESTMENT FUND (LAIF) CA STATE TREASURER

3.91%

INVESTMENTS
TVI CORPORATE BONDS INVESTMENTS SUBTOTAL:

ATTACHMENT 1

UNITED STATES TREASURY BILL - 2 MONTH 912797QL4 4.25% 4.25% 8/26/2025 $84,000.00 $83,434.68 $83,434.68
SYNCHRONY BK RETAIL - 3 YEAR CD 87164WQ68 3.30% 3.30% 8/26/2025 $245,000.00 $244,554.10 CAPITAL ONE BANK - 4 YEAR CD 14042TFH5 2.65% 2.65% 4/13/2026 $246,000.00 $243,210.36 TOYOTA FINANCIAL SAVINGS - 5 YEAR CD 89235MLC3 0.95% 0.95% 7/15/2026 $248,000.00 $240,282.24 MARINE FEDERAL CREDIT UNION - 2 YEAR CD 56824JBD5 4.20% 4.20% 11/27/2026 $249,000.00 $249,662.34 GOLDMAN SACHS BANK USA NEW YORK - 5 YEAR CD 38149M4T7 2.65% 2.65% 4/13/2027 $246,000.00 $240,322.32 STATE BANK OF INDIA - 5 YEAR CD 856285N64 3.30% 3.30% 6/1/2027 $245,000.00 $241,888.50 CENTRAL BANK LITTLE ROCK ARK - 5 YEAR CD 152577BS0 5.30% 5.30% 6/30/2028 $248,000.00 $248,198.40 $1,708,118.26
CALIFORNIA STATE - 5 YEAR BOND 13063EGT7 4.50% 4.32% 8/1/2029 $275,000.00 $279,881.25 $279,881.25
FEDERAL AGRIC MTG CORP - 3 YEAR BOND 31424WNJ7 4.54% 4.53% 9/9/2027 $265,000.00 $264,777.40 FEDERAL FARM CR BKS CONS SYSTEMWIDE - 5 YEAR BOND 3133ERL41 4.13% 4.40% 12/17/2029 $517,000.00 $520,784.44 $785,561.84
FEDL NATL MTG ASSN- 5 YEAR BOND 3136G4A86 0.50% 0.55% 7/21/2025 $250,000.00 $249,472.50 FEDL FARM CREDIT BANK - 4 YEAR BOND 3133ENEH9 1.13% 1.13% 11/17/2025 $250,000.00 $246,875.00 FEDL HOME LOAN BANK - 5 YEAR BOND 3130AL2G8 0.60% 0.75% 2/18/2026 $250,000.00 $244,285.00 FEDL NATL MTG ASSN - DISC BOND - 3YEAR 3138LDPW7 2.68% 4.58% 5/1/2026 $250,000.00 $226,280.06 FEDL NATL MTG ASSN - 2 YEAR BOND 3138LDYL1 2.47% 4.93% 6/1/2026 $500,000.00 $490,378.50 FEDL HOME LOAN BANK - 5 YEAR BOND 3130ANMH0 1.10% 1.42% 8/20/2026 $250,000.00 $241,897.50 FEDL FARM CREDIT BANK BOND - 5 YEAR BOND 3133ENSZ4 2.75% 2.75% 4/1/2027 $250,000.00 $244,982.50 FEDL HOME LOAN BANK - 5 YEAR BOND 3130ASZ69 4.05% 4.08% 8/27/2027 $250,000.00 $248,487.50 FEDL NATL MTG ASSN- 5 YEAR BOND 3140LBSE4 1.09% 4.38% 3/1/2028 $350,000.00 $324,092.65 FEDERAL FARM CREDIT BANK BOND - 5 YEAR BOND 3133ERVH1 4.60% 4.60% 1/2/2029 $500,000.00 $499,495.00 FEDL NATL MTG ASSN - 5 YEAR BOND 3140NUUA5 4.52% 4.52% 3/1/2029 $500,000.00 $508,029.00 FEDL NATL MTG ASSN - 3.9 YEAR BOND 3140LFKC7 4.20% 2.11% 3/1/2029 $365,000.00 $339,238.66 FEDL HOME LOAN MTG CORP - 5 YEAR BOND 3132XDBP7 4.15% 4.61% 4/1/2029 $400,000.00 $395,219.11 FEDL HOME LOAN MTG CORP - 5 YEAR BOND 3132XKSV0 3.81% 3.81% 7/1/2029 $400,000.00 $394,437.60 FEDL NATL MTG ASSN - 5 YEAR BOND 314HU7G5 2.74% 4.06% 8/1/2029 $500,000.00 $467,187.07 FEDL HOMELOAN MTG CORP - 5 YEAR BOND 3132XKTE7 4.02% 4.49% 8/1/2029 $505,000.00 $497,374.50 FEDL NATL MTG ASSN - 4.8 YEAR BOND 3140HVJ62 4.60% 2.61% 9/1/2029 $390,000.00 $366,656.94 FEDL HOME LOAN MTG CORP - 5 YEAR BOND 3132XFSR0 4.42% 4.71% 9/1/2029 $500,000.00 $499,613.00 FEDL HOME LOAN BANK - 5 YEAR BOND 3130B2KZ7 5.00% 5.00% 9/11/2029 $197,674.42 $197,690.22 FEDL HOME LOAN BANK BOND - 5 YEAR BOND 3130B2TY1 4.68% 4.68% 9/27/2029 $500,000.00 $497,505.00 FEDL NATL MTG ASSN - 5 YEAR BOND 340NWFK6 4.01% 4.37% 10/1/2029 $500,000.00 $496,840.00 FEDL NATL MTG ASSN - 5 YEAR BOND 3140HV4J0 2.14% 4.60% 10/1/2029 $550,000.00 $501,892.22 FEDL HOME LOAN BANK BOND - 5 YEAR BOND 3130B2YY5 4.63% 4.80% 10/9/2029 $500,000.00 $499,725.00 FEDL HOME LOAN BANK BOND - 5 YEAR BOND 3130B2YJ8 4.63% 4.63% 10/15/2029 $750,000.00 $745,725.00 FEDL NATL MTG ASSN - 5 YEAR CD 3140NXC50 4.56% 4.76% 1/1/2030 $500,000.00 $503,407.50 FEDL NATL MTG ASSN - 5 YEAR CD 3140HW4G4 2.43% 4.75% 1/1/2030 $550,000.00 $507,962.40 FEDL HOME LOAN BANK BOND - 4.75 YEAR BOND 3132XFVC9 4.00% 4.00% 1/1/2030 $325,000.00 $321,116.57 FEDL HOME LOAN MTG CORP- 4.75 YEAR BOND 3132XFWC8 4.31% 4.31% 2/1/2030 $500,000.00 $501,123.00 FEDL HOME LOAN MTG CORP - 4.9 YEAR BOND 3132ZKYX9 4.15% 4.15% 3/1/2030 $500,000.00 $495,832.00 FEDL HOME LOAN MTG CORP - 4.9 YEAR BOND 3132XFWA2 3.75% 3.75% 3/1/2030 $500,000.00 $489,041.50 FEDL HOME LOAN BANK - 5 YEAR BOND 3130B5EX2 4.50% 4.50% 3/12/2030 $500,000.00 $499,745.00 FEDL HOME LOAN MTG CORP- 4.8 YEAR BOND 313XFWS3 4.17% 4.12% 4/1/2030 $340,000.00 $337,921.24 FEDL NATL MTG ASSN - 5 YEAR BOND 314ONYPF2 4.25% 4.25% 6/1/2030 $500,000.00 $500,556.00 $13,580,084.74
BANK OF AMERICA - 5 YEAR BOND 06048WP20 1.25% 1.25% 9/24/2026 $250,000.00 $241,057.50 APPLE INC - 10 YEAR CORPORATE BOND 037833CR9 3.20% 3.30% 5/11/2027 $250,000.00 $246,745.00 SADDLEBACK VALLEY - 7.75 YEAR BOND (MUNICIPAL BOND) 786318LF0 2.40% 3.41% 8/1/2027 $250,000.00 $242,522.50 STIFEL COMMERCIAL & MUNICIPAL BONDS SUBTOTAL: $730,325.00 STIFEL GOVERNMENT SPONSORED ENTERPRISES (GSE) AGENCY BONDS INVESTMENTS SUBTOTAL:

TVI TRESURY BILLS INVESTMENT SUBTOTAL:

TVI CD'S INVESTMENTS SUBTOTAL :

TVI MUNICIPAL BONDS SUBTOTAL :

TVI GOVERNMENT AGENCY BONDS SUBTOTAL :

INVESTMENT HELD WITH STIFEL:

MID AMERICAN CU - 2 YEAR CD 59522NAE4 5.25% 5.25% 6/30/2025 $248,000.00 $248,017.36 MERITRUST CR UN - 3 YEAR CD 59001PAS8 3.35% 3.35% 7/8/2025 $249,000.00 $248,942.73 CREDIT UNION OF TEXAS - 3 YEAR CD 22551KAB8 3.30% 3.30% 7/22/2025 $246,000.00 $245,813.04 TVA CMNTY CR UN - 3 YEAR CD 87305MAB6 3.25% 3.25% 8/4/2025 $249,000.00 $248,758.47 RESOURCE ONE CR UN - 3 YEAR CD 76124YAE6 3.30% 3.30% 8/18/2025 $249,000.00 $248,666.34 IDEAL CREDIT UNION - 3 YEAR CD 45157PAY6 4.00% 4.00% 8/29/2025 $249,000.00 $248,873.01 ALABAMA CREDIT UNION - 3 YEAR CD 01025RAB5 3.60% 3.60% 9/22/2025 $249,000.00 $248,576.70 UNIVERSITY CREDIT UNION - 3 YEAR CD 914242AA0 4.00% 4.00% 9/26/2025 $249,000.00 $248,763.45 BARCLAYS BANK - 4 YEAR CD 06740KNT0 1.00% 1.00% 12/15/2025 $248,000.00 $244,242.80 BELLCO CREDIT UNION - 18 MONTH CD 07833EAJ6 5.15% 5.15% 12/23/2025 $249,000.00 $250,020.90 US ALLIANCE FED C.U - 4 YEAR CD 90352RCD5 1.35% 1.35% 1/28/2026 $249,000.00 $244,933.83 FARMERS & MERCHANTS BANK- 3.5 YEAR CD 3078115EL9 3.20% 3.20% 2/5/2026 $249,000.00 $247,533.39 CONNEX CREDIT UNION - 18 MONTH CD 208212BN9 4.45% 4.45% 2/27/2026 $249,000.00 $249,502.98 CFG COMMUNITY BANK - 3.5 YEAR CD 12527CFL1 3.80% 3.80% 3/11/2026 $245,000.00 $244,510.00 ALASKA US FEDERAL CREDIT UNION - 3 YEAR CD 011852AH3 5.15% 5.15% 3/23/2026 $248,000.00 $249,788.08 COMENITY CAPITAL BANK- 4 YEAR CD 20033A2Z8 2.60% 2.60% 4/14/2026 $249,000.00 $246,131.52 BAXTER CR UN - 4 YEAR CD 07181JAD6 3.05% 3.05% 6/22/2026 $249,000.00 $246,649.44 INSPIRE FEDERAL CREDIT UNION - 3 YEAR CD 457731AQ0 5.00% 5.00% 6/30/2026 $248,000.00 $250,353.52 NEW YORK COMMUNITY BANK - 5 YEAR CD 649447UZ0 0.70% 0.70% 7/1/2026 $249,000.00 $240,939.87 SALLIE MAE BANK SALT LAKE CITY UT - 5 YEAR CD 795451AB9 1.00% 1.00% 7/21/2026 $248,000.00 $240,289.68 AUSTIN TELCO FED CR - 2 YEAR CD 052392DG9 4.25% 4.25% 8/21/2026 $249,000.00 $249,652.38 WORKERS CREDIT UNION - 2 YEAR CD 98138MCJ7 4.15% 4.15% 8/31/2026 $249,000.00 $249,398.40 FIRST STATE BANK - 4 YEAR CD 33650TAH3 3.60% 3.60% 9/16/2026 $249,000.00 $247,774.92 QUORUM FED CR - 4 YEAR CD 74909LAB6 3.85% 3.85% 9/23/2026 $249,000.00 $248,504.49 PENTAGON FEDERAL CR UN - 5 YEAR CD CUSIP #70962LAS1 70962LAS1 0.90% 0.90% 9/29/2026 $249,000.00 $239,580.33 ONPATH FEDERAL CREDIT UN - 4 YEAR CD 68283MAF3 3.25% 3.25% 9/30/2026 $249,000.00 $246,681.81 HAWAII CENTRAL FCU - 3 YEAR CD 419700AG4 5.50% 5.50% 10/27/2026 $248,000.00 $252,759.12 BANK UNITED NA - 5 YEAR CD 066519RW1 1.35% 1.35% 12/8/2026 $248,000.00 $238,789.28 RIZE FED CR UN - 2 YEAR CD 76971LAJ7 4.25% 4.25% 12/14/2026 $249,000.00 $249,871.50 BANK HAPOALIM BM - 5 YEAR CD 06251A3K4 1.35% 1.35% 12/16/2026 $248,000.00 $238,675.20 CONNEXUS CREDIT UNION - 5 YEAR CD 20825WAR1 1.25% 1.25% 12/23/2026 $249,000.00 $239,186.91 WEST VIRGINIA CENTRAL FCU - 2 YEAR CD 95649LAB6 4.60% 4.60% 12/23/2026 $249,000.00 $249,057.27 AMERANT BANK - 5 YEAR CD 02357QAQ0 1.60% 1.60% 2/16/2027 $248,000.00 $238,752.08 PIMA CREDIT UNION- 4.5 YEAR CD 722000AA4 5.15% 5.15% 2/17/2027 $248,000.00 $252,526.00 METRO CREDIT UNION - 5 YEAR CD 59161YAP1 1.70% 1.70% 2/18/2027 $249,000.00 $239,961.30 BEAL BANK PLANO TEXAS - 5 YEAR CD 07371AZQ9 2.05% 2.05% 3/3/2027 $248,000.00 $240,205.36 BEAL BANK USA LAS VEGAS - 5 YEAR CD 07371CK81 2.05% 2.05% 3/3/2027 $248,000.00 $240,205.36 SPOKANE TEACHERS CR 849061AF3 4.75% 4.75% 3/25/2027 $249,000.00 $252,187.20 MORGAN STANLEY- 5 YEAR CD 61773TDN0 3.00% 3.00% 4/29/2027 $246,000.00 $241,702.38 GENERATION BANK ROGERS AR CD - 5 YEAR CD 37149CAV9 3.10% 3.10% 5/6/2027 $249,000.00 $245,103.15 DEPARTMENT OF COMMERCE - 5 YEAR CD 24951TAT2 3.25% 3.25% 5/13/2027 $249,000.00 $245,740.59 RADIFI FEDERAL CREDIT UNION - 2 YEAR CD 75034WAA9 4.00% 4.00% 5/13/2027 $249,000.00 $249,099.60 FIRST FED SVGS - 3 YEAR CD 32023HBT4 5.25% 5.25% 6/28/2027 $248,000.00 $250,363.44 CALDWELL BT CO - 2 YEAR CD 128829AQ1 4.00% 4.00% 6/30/2027 $245,000.00 $245,139.65 CREDIT UNION NEW JERSEY - 3 YEAR CD 22552BAA9 5.40% 5.40% 7/9/2027 $248,000.00 $248,069.44 TRUSTONE FINL CR UN - 5 YEAR CD 89841MAF4 3.40% 3.40% 7/19/2027 $249,000.00 $246,198.75 BMO HARRIS BANK - 5 YEAR CD 05600XHE3 3.55% 3.55% 7/27/2027 $247,000.00 $244,905.44 THIRD FEDL S&L ASSN - 5 YEAR CD 88413QDM7 3.40% 3.40% 7/27/2027 $245,000.00 $242,204.55 CMNTY COMMERCE BANK CLAREMONT- 5 YEAR CD 20367GBH1 3.30% 3.30% 8/10/2027 $249,000.00 $245,611.11 ST VINCENT MED CTR CR - 5 YEAR CD 85279AAA0 3.50% 3.50% 8/12/2027 $249,000.00 $246,609.60 PITTSBURG CITY HALL FCU - 5 YEAR CD 72500MAA3 3.60% 3.60% 8/16/2027 $249,000.00 $247,570.74 SHARONVIEW FCU - 5 YEAR CD 819866BL7 3.50% 3.50% 8/16/2027 $249,000.00 $246,619.56 GHS FEDERAL CREDIT UNION - 5 YEAR CD 36266LAA4 3.80% 3.80% 9/15/2027 $249,000.00 $248,073.72 VALLEY NAT BANK - 2.5 YEAR CD 919853QW4 4.20% 4.20% 12/23/2027 $244,000.00 $245,224.88 MEDALLION BANK - 3 YEAR CD 58404DXY2 4.10% 4.10% 6/30/2028 $249,000.00 $249,702.18 NEW ORLEANS FIREMANS FCU - 5 YEAR CD 647608AH1 5.00% 5.00% 7/17/2028 $248,000.00 $255,085.36 SOUTHPOINT BANK - 3 YEAR CD 84464PCC9 4.00% 4.00% 4/28/2028 $249,000.00 $249,057.27

SOUND CREDIT UNION - 4 YEAR CD 83616HAH7 4.15% 4.15% 6/2/2028 $249,000.00 $250,043.31 NUMERICA CREDIT UNION - 5 YEAR CD 67054NBK8 5.10% 5.10% 7/31/2028 $248,000.00 $255,869.04 GREEN STATE CREDIT UNION- 5 YEAR CD 39573LEL8 5.00% 5.00% 8/29/2028 $248,000.00 $255,318.48 ALLIANT CREDIT UNION- 5 YEAR CD 01882MAH5 5.35% 5.35% 11/15/2028 $248,000.00 $258,401.12 SAN FRANCISCO FEDL CR UNION - 4 YEAR CD 79772FAL0 4.25% 4.25% 11/27/2028 $249,000.00 $250,815.21 SKYLA FEDL CREDIT UNION - 3.5 YEAR CD 83086XAE0 4.10% 4.10% 11/30/2028 $249,000.00 $249,627.48 MAINE SAVINGS - 3.5 YEAR CD 560507AU9 4.00% 4.00% 1/30/2029 $249,000.00 $248,778.39 OPTUM BANK - 4 YEAR CD 68405VDC0 4.00% 4.00% 4/30/2029 $245,000.00 $244,593.30 TRUIST BANK - 5 YEAR CD 897926BG5 4.45% 4.45% 4/30/2029 $245,000.00 $244,588.40 MORGAN STANLEY PVT - 5 YEAR CD 61776NRX3 4.15% 4.15% 5/7/2029 $244,000.00 $244,944.28 BMW BANK OF NORTH AMERICA - 4 YEAR CD 05612LER9 4.00% 4.00% 5/9/2029 $245,000.00 $244,507.55 USF FEDL CREDIT UNION - 5 YEAR CD 90353EBS1 4.65% 4.65% 12/20/2029 $249,000.00 $249,253.98 JP MORGAN CHASE BANK - 5 YEAR CD 46657VWH9 4.75% 4.75% 1/31/2030 $248,000.00 $249,051.52 SMARTBANK - 5 YEAR CD 83172HHT0 4.60% 4.60% 2/8/2030 $249,000.00 $249,037.35 WEST GATE BANK LINCOLN -5 YEAR CD 95285QCE6 4.60% 4.60% 2/19/2030 $249,000.00 $249,211.65 TUCSON FEDL CREDIT UNION - 5 YEAR CD 898812AE2 4.65% 4.65% 3/7/2030 $249,000.00 $249,082.17 A+ FEDERAL CREDIT UNION - 5 YEAR CD 00224TAS5 4.15% 4.15% 3/28/2030 $249,000.00 $250,073.19 AMERICAN EXPRESS NATIONAL BANK - 5 YEAR CD 02589AGX4 4.15% 4.15% 3/26/2030 $244,000.00 $244,917.44 AMERICAN BANK COMMERCE - 5 YEAR CD 02432LAC1 4.50% 4.50% 6/25/2030 $249,000.00 $249,000.00 $18,784,271.29
$47,773,007.81
$80,019,060.38
Amount % of Portfolio Amount % of Portfolio
$2,860,598.33 4% 40,041,838.36 $ 50%
$9,015,038.22 11% $ 15,259,698.66 19%
$20,370,416.02 25% $ 24,717,523.36 30%
$18,979,638.38 24% $ 80,019,060.38 100%
$8,217,545.20 10%
$83,434.68 0.10%
$20,492,389.55 26% 4.00%
$80,019,060.38 100% 1.64
Michael O'Brien Administrative Services Director/City Treasurer Prepared by: Jennifer Legaspi
TOTAL CD's/GSE BONDS/ CORPORATE BONDS/TREASURY BILLS

TOTAL OF ALL INVESTMENTS
STIFEL CD'S INVESTMENT SUBTOTAL:

LOCAL AGENCY INVESTMENT FUND (LAIF)

INVESTMENTS BY TYPE INVESTMENTS BY MATURITY

CHECKING & MONEY MARKET ACCOUNTS/CASH ON HAND/ CASH

HELD FOR INVESTMENT
Maturity Range
1 Day to 1 Yr.
1 Yr. to 3 Yrs.

Type
The above investments have met the requirements as stated in the City's Annual Investment Policy.

CALTRUST

GSE AGENCY BONDS

COMMERCIAL & MUNICIPAL BONDS
U.S TREASURY BILLS

NEGOTIABLE CERTIFICATES OF DEPOSIT
TOTAL OF ALL INVESTMENTS Weighted Average Maturity in Years Weighted Average Yield
3 Yrs. to 5 Yrs.

Total

Agenda Item Staff Report
To: Honorable Mayor and Members of City Council
For the Meeting of September 23, 2025
From: Brad McKinney, City Manager
Prepared by: Michael O'Brien, Director of Administrative Services Subject: Receive and File August 2025 Investment Report ____________________________________________________________________________

SUMMARY
Monthly Reporting for the City of San Dimas investment of idle funds and cash condition.

RECOMMENDATION
Staff recommends that the City Council:
• Receive and file Investment and Cash Condition report for the month of August 2025.

GOVERNMENT CODE §84308 APPLIES:
https://leginfo.legislature.ca.gov
No

FISCAL IMPACT
There is no fiscal impact for the recommended action.

DISCUSSION/ANALYSIS
It is the policy of the City of San Dimas to invest public funds in a manner that will provide an optimal combination of security and investment return while meeting the daily cash flow demands of the City and conforming to all State and local statutes governing the investment of public funds.

The priority objectives of the City’s investment activities are as follows: Safety, liquidity and returns.

The City’s investment portfolio as of August 31, 2025 maintained liquid cash in the amount of $13,491,526.61 held between BMO Harris, the City and LAIF and the CALTRUST Liquidity Fund.

This amounts to just over 18% of the portfolio to provide the cash flow necessary for City payroll

Receive and File the August 2025 Investment Report Page 2 For the Meeting of September 23, 2025
and operating expenditures as well as large capital project expenses and unforeseen emergencies that may occur throughout the year. The following chart displays the total investments and weighted average yield per investment category:

The City’s Banking Services Provider BMO Harris provides a fully collateralized checking account whose funds are used to make cash payments for City payroll and operational expenses. The city performs daily bank reconciliations to assure adequate cash is held in the checking account for upcoming expenditures. Cash held in the account earns income credits that accumulate at a rate of .75% which offsets banking service charges that are charged each quarter to the city. As of June 10, 2024, the City opened a collateralized money market account BMO Harris.

Petty Cash is held at City facilities for cashiering purposes and to reimburse small dollar expenditures between $0.01 and $50.00.

The Local Agency Investment Fund (LAIF) is considered a Local Agency Investment Pool and acts much like a money market account. Funds can be deposited and withdrawn without penalty.

The pool invests funds in short-term securities and can produce returns at rates like money markets but is considered more secure.

CALTRUST is a public agency that provides investment funds that are liquid, short term, and medium term. The assets held by CALTRUST are managed by State Street Global Advisors.

Since the City first invested with CALTRUST in August of 2010, buying into the Medium-Term Fund. The City has made various contributions throughout the years as well as reinvested any accumulated interest earnings throughout the life of the fund.

In total the weighted average cost of investing in CALTRUST is $9.99. Currently, due to increasing interest rates driving market rates down for assets already held, the share price of the fund as of August 31, 2025 was $9.92. Until interest rates decline to the point that share price would increase WEIGHTED AVG.

YIELD TOTAL INVESTMENT

0.75% $194,524.97

3.91% $27,674.92

0.00% $2,640.00

4.34% $6,157,438.34

4.25% $7,109,248.38

3.95% $14,380,317.68
INVESTMENT CASH HELD FOR INVESTMENTS 0.00% $0.00

4.08% $27,871,844.29
WEIGHTED AVG.

YIELD TOTAL INVESTMENT

4.65% $7,994,237.18

4.70% $744,175.00

1.95% $3,314,492.50

4.25% $83,387.64

3.19% $1,727,000.00

4.45% $775,703.43

4.32% $277,068.00

3.17% $14,341,727.48

2.64% $737,350.00

3.66% $18,111,000.00

3.89% $48,106,141.23

3.91% $75,977,985.52

COLLATERALIZED, POOLED AND PUBLIC AGENCY INVESTMENTS

INVESTMENTS PURCHASED THROUGH BROKERS

TOTAL OF ALL COLLATERALIZED,POOLED AND PUBLIC AGENCY ACCOUNTS

CALTRUST INVESTMENT LIQUIDITY FUNDS

BMO HARRIS - MONEY MARKET ACCOUNT

TVI GOVERNMENT SPONSORED ENTERPRISES (GSE) AGENCY BONDS

STIFEL NEGOTIABLE CD'S OF DEPOSIT

TOTAL BROKER ACCOUNTS

TOTAL OF ALL INVESTMENTS

BMO HARRIS - GENERAL ACCOUNT

SAN DIMAS PETTY CASH - IMPREST FUNDS

LOCAL AGENCY INVESTMENT FUND (LAIF) CA STATE TREASURER

CALTRUST INVESTMENT PROGRAM-MEDIUM TERM-SHARES

GREAT PACIFIC SECURITIES CORPORATE & MUNICIPAL BONDS

TVI CORPORATE BONDS
TVI U.S.TRESURY BILLS

TVI NEGOTIABLE CERTIFICATES OF DEPOSIT

STIFEL GOVERNMENT SPONSORED ENTERPRISES (GSE) AGENCY BONDS

STIFEL COMMERCIAL & MUNICIPAL BONDS

GREAT PACIFIC SECURITIES GOVERNMENT SPONSORED ENTERPRISE (GSE)

TVI COMMERCIAL & MUNICIPAL BONDS

Receive and File the August 2025 Investment Report Page 3 For the Meeting of September 23, 2025
to $9.99 or above, the city would be recognizing a loss on sale. However, the City could pull out funds at any time if liquidity needs arose.

Beginning in the month of December 2023, the City opened a liquid fund with CALTRUST which is not subject to market rate adjustments due to the type of investments utilized. The fund yielded

4.37% for the month of June, out yielding LAIF by .12%. The City intends to take advantage of the high yielding short term investments until yields are no longer inverted.

The City Treasurer also utilizes Brokers to purchase investment securities such as Government Sponsored Enterprises (Agency Bonds), Corporate Bonds, U.S. Treasuries and Negotiable CD’s.

The investment policy and California Government Code Section 53600.3 allows the City to invest 30% of its portfolio in Certificates of Deposit and 20% of its portfolio in Corporate Bonds through Brokers. U.S. Treasuries and Government Sponsored Enterprises (Agency Bonds) have no investment limits; however, it is considered a best practice not to invest more than 5% in a single Government Sponsored Enterprises.

The following is a breakdown of the total invested in each type of investment along with its percentage of the portfolio:

Additionally, per the Investment Policy, the City has an established maturity matrix with the investment ranges as follows:

The weighted average maturity for all City investments is 1.92 years, short term investments with maturity within six months continues to draw higher yields, however longer-term yields have been increasing making investing in longer term assets more appealing.

Specific details pertaining to the City’s investment names, CUSIP #’s, coupon and purchase Amount % of Portfolio
$224,839.89 0.30%
$7,109,248.38 9%
$20,537,756.02 27%
$19,991,903.19 26%
$8,192,850.40 11%
$83,387.64 0.32%
$19,838,000.00 26%
$75,977,985.52 100%

CALTRUST

GSE AGENCY BONDS

COMMERCIAL & MUNICIPAL BONDS
U.S TREASURY BILLS

NEGOTIABLE CERTIFICATES OF DEPOSIT

TOTAL OF ALL INVESTMENTS

LOCAL AGENCY INVESTMENT FUND (LAIF)

INVESTMENTS BY TYPE

CHECKING & MONEY MARKET ACCOUNTS/CASH ON HAND/

CASH HELD FOR INVESTMENT
Type
Amount % of Portfolio
$ 32,982,287.91 43%
$ 15,377,079.08 20%
$ 27,618,618.53 36%
$ 75,977,985.52 100%
3 Yrs. to 5 Yrs.

Total

INVESTMENTS BY MATURITY
Maturity Range
1 Day to 1 Yr.
1 Yr. to 3 Yrs.

Receive and File the August 2025 Investment Report Page 4 For the Meeting of September 23, 2025
yields, maturity dates, par and book values are included in the Investment and Cash Condition Report attachment.

ENVIRONMENTAL REVIEW
Pursuant to CEQA guidelines Section 15061 (b)(3), CEQA does not apply to this item because there is no potential for causing a significant effect on the environment. Therefore, no additional environmental review is needed at this time.

Respectfully submitted,
Michael O'Brien
Director of Administrative Services
Attachments:

1. Investment and Cash Condition Report

2. Investment Authorization Form

CITY OF SAN DIMAS

MONTHLY CASH BALANCE INVESTMENT REPORT
AUGUST 2025

ENDING BALANCE
$194,524.97
BMO HARRIS - MONEY MARKET ACCOUNT $27,674.92
$2,640.00
$7,109,248.38
$6,157,438.34
$14,380,317.68
CUSIP # COUPON
YIELD

PURCHASE

YIELD MATURITY PAR VALUE BOOK VALUE
CHEVRON - 3 YEAR BOND 166756ALO 1.02% 4.75% 8/12/2027 $250,000.00 $222,444.51 UNITED HEALTH GROUP - 4 YEAR BOND 91324PDK5 3.85% 4.73% 6/15/2028 $250,000.00 $241,935.46 ADVOCATE HEALTH & HOSPS CORP 007589AA2 3.83% 4.64% 8/15/2028 $305,000.00 $296,779.55 NY LIFE GLOBAL - 5 YEAR BOND 64952WFF5 4.70% 4.76% 1/29/2029 $500,000.00 $500,000.00 METLIFE GLOBAL - 5 YEAR BOND 59217GFR5 4.85% 4.90% 1/8/2029 $250,000.00 $249,451.14 MASS MUTUAL GLOBAL - 5 YEAR BOND 57629W4T4 5.15% 5.15% 5/30/2029 $250,000.00 $249,998.23 NORTHWESTERN MUT GLOBAL - 5 YEAR BOND 66815L2Q1 4.71% 5.16% 1/10/2029 $250,000.00 $245,327.02 ATHENE GLOBAL FDG - 5 YEAR BOND 04685A3G4 2.71% 4.43% 1/7/2029 $350,000.00 $326,841.60 TOYOTA MTR CORP 59217GFR5 3.65% 4.20% 1/9/2029 $300,000.00 $293,442.80 RGA GLOBAL - 5 YEAR BOND 76209PAB9 2.70% 4.50% 1/18/2029 $300,000.00 $278,689.63 MERCEDES BENZ - 4.85 YEAR BOND 233851DW1 3.10% 4.64% 8/15/2029 $350,000.00 $327,541.16 ASCENSION TAXABLE - 4.5 YEAR BOND 04352EAA3 4.45% 4.45% 8/15/2029 $350,000.00 $322,849.13 MUTUAL OF OMAHA - 5 YEAR BOND 62829D2E9 4.75% 4.75% 10/15/2029 $250,000.00 $249,997.05 PRICOA GLOBAL FUNDING - 5 YEAR BOND 74153WCW7 4.70% 4.40% 10/15/2029 $325,000.00 $325,000.00 $4,130,297.28
CALIFORNIA ST DEPT WATER - 4 YEAR BOND 13067WRF1 1.32% 4.70% 12/1/2028 $250,000.00 $215,147.50 CALIFORNIA ST DEPT WTR - 3 YEAR BOND 13067WRF1 1.32% 4.28% 12/1/2028 $330,000.00 $297,851.40 YUCAIPA VY CALIF WATER DISTRICT 98840BBD4 2.29% 4.72% 9/1/2027 $250,000.00 $232,227.50 ONTARIO CALIFORNIA PUB - 3 YEAR BOND 68304RCD0 1.81% 4.52% 10/1/2027 $255,000.00 $232,539.60 CALIFORNIA ST UNIV REV SYSTEMWIDE- 4 YEAR BOND 13077DQG0 3.85% 4.70% 6/15/2028 $310,000.00 $270,924.50 SOLANO CALIF COMMUNITY COLLEGE - 4 YEAR BOND 83412PHB1 1.48% 4.50% 8/1/2028 $350,000.00 $308,661.50 05565ECR4 4.65% 5.00% 8/13/2029 $300,000.00 $295,721.23 PACIFIC LIFE GLOBAL - 4.5 YEAR BOND 6944PL3C1 4.50% 4.55% 8/28/2029 $250,000.00 $248,463.27 AIG GLOBAL - 4.43 YEAR BOND 00138CBC1 4.90% 4.90% 12/3/2029 $350,000.00 $348,496.02 PROTECTIVE LIFE GLOBAL - 4.8 YEAR BOND 74368CCA0 4.77% 4.77% 12/9/2029 $350,000.00 $347,908.68 SAN BUENAVENTURA CALIFORNIA WATER - 4.5 YEAR BOND 797055DQ0 4.37% 4.37% 1/1/2030 $305,000.00 $271,553.70 WESTERN - SOUTHERN GLOBAL - 5 YEAR BOND 95954A2A0 4.50% 4.90% 5/1/2030 $350,000.00 $350,000.00 UNIVERSITY OF CALIFORNIA - 5 YEAR BOND 91412HJR5 4.43% 4.43% 5/15/2030 $500,000.00 $444,445.00 $3,863,939.90
FEDERAL NATIONAL MTG ASSN - 4 YEAR BOND 3135GASJ1 4.50% 4.70% 5/17/2028 $250,000.00 $248,175.00 FEDERAL HOME LOAN - 5 YEAR BOND 1334HA2L6 4.37% 4.55% 1/16/2030 $500,000.00 $496,000.00 $744,175.00
CFI- 5 YEAR BOND 17298CK64 1.00% 1.00% 8/28/2025 $500,000.00 $500,000.00 BANK OF AMERICA - 5 YEAR BOND 06048WK25 0.75% 0.75% 10/30/2025 $250,000.00 $250,000.00 GOLDMAN SACHS GROUP - 5 YEAR BOND 38150EH4 0.80% 0.80% 11/24/2025 $290,000.00 $290,000.00 JP MORGAN BOND - 5 YEAR BOND 48128G3G3 1.20% 1.20% 4/30/2026 $285,000.00 $285,000.00 EXXON MOBILE CORP - 7 YEAR BOND 30231GBD3 2.28% 0.98% 8/16/2026 $250,000.00 $264,953.75 GOLDMAN SACHS GROUP - 5 YEAR BOND 38150AJ63 1.70% 1.70% 10/29/2026 $210,000.00 $210,000.00 MORGAN STANLEY FIN GLOBAL - 5 YEAR BOND 61766YGT2 1.35% 1.35% 11/18/2026 $250,000.00 $250,000.00 JP MORGAN CHASE BOND - 5 YEAR BOND 48128G5Y2 2.10% 2.10% 1/29/2027 $270,000.00 $270,000.00 BANK OF AMERICA - 5 YEAR BOND 06048WS84 2.75% 2.75% 3/2/2027 $250,000.00 $250,000.00 MORGAN STANLEY-FIN GLOBAL 5 YEAR BOND 61766YJQ5 3.25% 3.25% 4/13/2027 $250,000.00 $250,000.00 INTEL CORP - 5 YEAR BOND 458140BY5 3.75% 4.25% 8/5/2027 $250,000.00 $244,538.75 WELLS FARGO - 4 YEAR BOND 95001DL99 4.50% 4.50% 8/4/2029 $250,000.00 $250,000.00 $3,314,492.50
UNITED STATES TREASURY BILL - 2 MONTH 912797QL4 4.25% 4.25% 8/26/2025 $84,000.00 $83,387.64 $83,387.64
SYNCHRONY BK RETAIL - 3 YEAR CD 87164WQ68 3.30% 3.30% 8/26/2025 $245,000.00 $245,000.00 CALTRUST INVESTMENT PROGRAM-MEDIUM TERM 3.95%

CALTRUST LIQUIDITY FUND
INVESTMENTS HELD WITH TVI:

PACIFIC SECURITIES COMMERCIAL & MUNICIPAL BONDS INVESTMENTS SUBTOTAL:

PACIFIC SECURITIES CORPORATE BONDS INVESTMENTS SUBTOTAL:

PACIFIC SECURITIES GOVERNMENT SPONSORED ENTERPRISES (GSE) AGENCY BONDS INVESTMENTS SUBTOTAL:

BMW US CAP LLC - 4.5 YEAR BOND

4.34%
INVESTMENTS HELD WITH GREAT PACIFIC SECURITIES:

SUMMARY OF BANK BALANCES YIELD

0.75%

4.251%

BMO HARRIS - GENERAL ACCOUNT

SAN DIMAS PETTY CASH - IMPREST FUNDS

LOCAL AGENCY INVESTMENT FUND (LAIF) CA STATE TREASURER

3.91%

INVESTMENTS
TVI TRESURY BILLS INVESTMENT SUBTOTAL:

TVI CORPORATE BONDS INVESTMENTS SUBTOTAL:

ATTACHMENT 1

CAPITAL ONE BANK - 4 YEAR CD 14042TFH5 2.65% 2.65% 4/13/2026 $246,000.00 $246,000.00 TOYOTA FINANCIAL SAVINGS - 5 YEAR CD 89235MLC3 0.95% 0.95% 7/15/2026 $248,000.00 $248,000.00 MARINE FEDERAL CREDIT UNION - 2 YEAR CD 56824JBD54 4.20% 4.20% 11/27/2026 $249,000.00 $249,000.00 GOLDMAN SACHS BANK USA NEW YORK - 5 YEAR CD 38149M4T7 2.65% 2.65% 4/13/2027 $246,000.00 $246,000.00 STATE BANK OF INDIA - 5 YEAR CD 856285N64 3.30% 3.30% 6/1/2027 $245,000.00 $245,000.00 CENTRAL BANK LITTLE ROCK ARK - 5 YEAR CD 152577BS0 5.30% 5.30% 6/30/2028 $248,000.00 $248,000.00 $1,727,000.00
CALIFORNIA STATE - 5 YEAR BOND 13063EGT7 4.50% 4.32% 8/1/2029 $275,000.00 $277,068.00 $277,068.00
FEDERAL AGRIC MTG CORP - 3 YEAR BOND 31424WNJ7 4.54% 4.53% 9/9/2027 $265,000.00 $264,999.97 FEDERAL FARM CR BKS CONS SYSTEMWIDE - 5 YEAR BOND 3133ERL41 4.13% 4.40% 12/17/2029 $517,000.00 $510,703.46 $775,703.43
FEDL FARM CREDIT BANK - 4 YEAR BOND 3133ENEH9 1.13% 1.13% 11/17/2025 $250,000.00 $250,000.00 FEDL HOME LOAN BANK - 5 YEAR BOND 3130AL2G8 0.60% 0.75% 2/18/2026 $250,000.00 $248,250.00 FEDL NATL MTG ASSN - DISC BOND - 3YEAR 3138LDPW7 2.68% 4.58% 5/1/2026 $250,000.00 $228,805.98 FEDL NATL MTG ASSN - 2 YEAR BOND 3138LDYL1 2.47% 4.93% 6/1/2026 $500,000.00 $473,750.00 FEDL HOME LOAN BANK - 5 YEAR BOND 3130ANMH0 1.10% 1.42% 8/20/2026 $250,000.00 $246,400.00 FEDL FARM CREDIT BANK BOND - 5 YEAR BOND 3133ENSZ4 2.75% 2.75% 4/1/2027 $250,000.00 $250,000.00 FEDL HOME LOAN BANK - 5 YEAR BOND 3130ASZ69 4.05% 4.08% 8/27/2027 $250,000.00 $249,625.00 FEDL NATL MTG ASSN- 5 YEAR BOND 3140LBSE4 1.09% 4.38% 3/1/2028 $350,000.00 $306,250.00 FEDERAL FARM CREDIT BANK BOND - 5 YEAR BOND 3133ERVH1 4.60% 4.60% 1/2/2029 $500,000.00 $500,000.00 FEDL NATL MTG ASSN - 5 YEAR BOND 3140NUUA5 4.52% 4.52% 3/1/2029 $500,000.00 $499,062.50 FEDL NATL MTG ASSN - 3.9 YEAR BOND 3140LFKC7 4.20% 2.11% 3/1/2029 $365,000.00 $337,739.06 FEDL HOME LOAN MTG CORP - 5 YEAR BOND 3132XDBP7 4.15% 4.61% 4/1/2029 $400,000.00 $392,857.31 FEDL HOME LOAN MTG CORP - 5 YEAR BOND 3132XKSV0 3.81% 3.81% 7/1/2029 $400,000.00 $387,000.00 FEDL NATL MTG ASSN - 5 YEAR BOND 314HU7G5 2.74% 4.06% 8/1/2029 $500,000.00 $472,031.25 FEDL HOMELOAN MTG CORP - 5 YEAR BOND 3132XKTE7 4.02% 4.49% 8/1/2029 $505,000.00 $495,846.88 FEDL NATL MTG ASSN - 4.8 YEAR BOND 3140HVJ62 4.60% 2.61% 9/1/2029 $390,000.00 $357,946.88 FEDL HOME LOAN MTG CORP - 5 YEAR BOND 3132XFSR0 4.42% 4.71% 9/1/2029 $500,000.00 $494,687.50 FEDL HOME LOAN BANK BOND - 5 YEAR BOND 3130B2TY1 4.68% 4.68% 9/27/2029 $500,000.00 $500,000.00 FEDL NATL MTG ASSN - 5 YEAR BOND 340NWFK6 4.01% 4.37% 10/1/2029 $500,000.00 $492,656.25 FEDL NATL MTG ASSN - 5 YEAR BOND 3140HV4J0 2.14% 4.60% 10/1/2029 $550,000.00 $493,028.24 FEDL HOME LOAN BANK BOND - 5 YEAR BOND 3130B2YJ8 4.63% 4.63% 10/15/2029 $750,000.00 $750,000.00 FEDL NATL MTG ASSN - 5 YEAR CD 3140NXC50 4.56% 4.76% 1/1/2030 $500,000.00 $496,562.50 FEDL NATL MTG ASSN - 5 YEAR CD 3140HW4G4 2.43% 4.75% 1/1/2030 $550,000.00 $493,281.25 FEDL HOME LOAN BANK BOND - 4.75 YEAR BOND 3132XFVC9 4.00% 4.00% 1/1/2030 $325,000.00 $321,140.63 FEDL HOME LOAN MTG CORP- 4.75 YEAR BOND 3132XFWC8 4.31% 4.31% 2/1/2030 $500,000.00 $500,000.00 FEDL HOME LOAN MTG CORP - 4.9 YEAR BOND 3132ZKYX9 4.15% 4.15% 3/1/2030 $500,000.00 $498,906.25 FEDL HOME LOAN MTG CORP - 4.9 YEAR BOND 3132XFWA2 3.75% 3.75% 3/1/2030 $500,000.00 $489,375.00 FEDL HOME LOAN BANK - 5 YEAR BOND 3130B5EX2 4.50% 4.50% 3/12/2030 $500,000.00 $500,000.00 FEDL HOME LOAN MTG CORP- 4.8 YEAR BOND 313XFWS3 4.17% 4.12% 4/1/2030 $340,000.00 $339,681.25 FEDL NATL MTG ASSN - 5 YEAR BOND 314ONYPF2 4.25% 4.25% 6/1/2030 $500,000.00 $498,281.25 FEDL NATL MTG ASSN - 5 YEAR BOND 3140NYQL8 4.15% 4.15% 6/1/2030 $500,000.00 $498,125.00 FEDL NATL MTG ASSN - 5 YEAR BOND 3140NYXE6 4.24% 4.24% 7/1/2030 $500,000.00 $499,375.00 FNMA BOND - 5 YEAR BOND 3140J0JC5 4.07% 1.25% 7/1/2030 $550,000.00 $481,250.00 FEDL NATL MTG ASSN - 5 YEAR BOND 3140Q0A77 4.14% 4.14% 8/1/2030 $300,000.00 $299,812.50 $14,341,727.48
BANK OF AMERICA - 5 YEAR BOND 06048WP20 1.25% 1.25% 9/24/2026 $250,000.00 $250,000.00 APPLE INC - 10 YEAR CORPORATE BOND 037833CR9 3.20% 3.30% 5/11/2027 $250,000.00 $248,850.00 SADDLEBACK VALLEY - 7.75 YEAR BOND (MUNICIPAL BOND) 786318LF0 2.40% 3.41% 8/1/2027 $250,000.00 $238,500.00 STIFEL COMMERCIAL & MUNICIPAL BONDS SUBTOTAL: $737,350.00 STIFEL GOVERNMENT SPONSORED ENTERPRISES (GSE) AGENCY BONDS INVESTMENTS SUBTOTAL:

TVI CD'S INVESTMENTS SUBTOTAL :

TVI MUNICIPAL BONDS SUBTOTAL :

TVI GOVERNMENT AGENCY BONDS SUBTOTAL :

INVESTMENT HELD WITH STIFEL:

IDEAL CREDIT UNION - 3 YEAR CD 45157PAY6 4.00% 4.00% 8/29/2025 $249,000.00 $249,000.00 ALABAMA CREDIT UNION - 3 YEAR CD 01025RAB5 3.60% 3.60% 9/22/2025 $249,000.00 $249,000.00 UNIVERSITY CREDIT UNION - 3 YEAR CD 914242AA0 4.00% 4.00% 9/26/2025 $249,000.00 $249,000.00 BARCLAYS BANK - 4 YEAR CD 06740KNT0 1.00% 1.00% 12/15/2025 $248,000.00 $248,000.00 US ALLIANCE FED C.U - 4 YEAR CD 90352RCD5 1.35% 1.35% 1/28/2026 $249,000.00 $249,000.00 FARMERS & MERCHANTS BANK- 3.5 YEAR CD 3078115EL9 3.20% 3.20% 2/5/2026 $249,000.00 $249,000.00 CONNEX CREDIT UNION - 18 MONTH CD 208212BN9 4.45% 4.45% 2/27/2026 $249,000.00 $249,000.00 CFG COMMUNITY BANK - 3.5 YEAR CD 12527CFL1 3.80% 3.80% 3/11/2026 $245,000.00 $245,000.00 ALASKA US FEDERAL CREDIT UNION - 3 YEAR CD 011852AH3 5.15% 5.15% 3/23/2026 $248,000.00 $248,000.00 COMENITY CAPITAL BANK- 4 YEAR CD 20033A2Z8 2.60% 2.60% 4/14/2026 $249,000.00 $249,000.00 BAXTER CR UN - 4 YEAR CD 07181JAD6 3.05% 3.05% 6/22/2026 $249,000.00 $249,000.00 INSPIRE FEDERAL CREDIT UNION - 3 YEAR CD 457731AQ0 5.00% 5.00% 6/30/2026 $248,000.00 $248,000.00 NEW YORK COMMUNITY BANK - 5 YEAR CD 649447UZ0 0.70% 0.70% 7/1/2026 $249,000.00 $249,000.00 SALLIE MAE BANK SALT LAKE CITY UT - 5 YEAR CD 795451AB9 1.00% 1.00% 7/21/2026 $248,000.00 $248,000.00 AUSTIN TELCO FED CR - 2 YEAR CD 052392DG9 4.25% 4.25% 8/21/2026 $249,000.00 $249,000.00 WORKERS CREDIT UNION - 2 YEAR CD 98138MCJ7 4.15% 4.15% 8/31/2026 $249,000.00 $249,000.00 FIRST STATE BANK - 4 YEAR CD 33650TAH3 3.60% 3.60% 9/16/2026 $249,000.00 $249,000.00 QUORUM FED CR - 4 YEAR CD 74909LAB6 3.85% 3.85% 9/23/2026 $249,000.00 $249,000.00 PENTAGON FEDERAL CR UN - 5 YEAR CD CUSIP #70962LAS1 70962LAS1 0.90% 0.90% 9/29/2026 $249,000.00 $249,000.00 ONPATH FEDERAL CREDIT UN - 4 YEAR CD 68283MAF3 3.25% 3.25% 9/30/2026 $249,000.00 $249,000.00 HAWAII CENTRAL FCU - 3 YEAR CD 419700AG4 5.50% 5.50% 10/27/2026 $248,000.00 $248,000.00 BANK UNITED NA - 5 YEAR CD 066519RW1 1.35% 1.35% 12/8/2026 $248,000.00 $248,000.00 RIZE FED CR UN - 2 YEAR CD 76971LAJ7 4.25% 4.25% 12/14/2026 $249,000.00 $249,000.00 BANK HAPOALIM BM - 5 YEAR CD 06251A3K4 1.35% 1.35% 12/16/2026 $248,000.00 $248,000.00 CONNEXUS CREDIT UNION - 5 YEAR CD 20825WAR1 1.25% 1.25% 12/23/2026 $249,000.00 $249,000.00 WEST VIRGINIA CENTRAL FCU - 2 YEAR CD 95649LAB6 4.60% 4.60% 12/23/2026 $249,000.00 $249,000.00 AMERANT BANK - 5 YEAR CD 02357QAQ0 1.60% 1.60% 2/16/2027 $248,000.00 $248,000.00 PIMA CREDIT UNION- 4.5 YEAR CD 722000AA4 5.15% 5.15% 2/17/2027 $248,000.00 $248,000.00 METRO CREDIT UNION - 5 YEAR CD 59161YAP1 1.70% 1.70% 2/18/2027 $249,000.00 $249,000.00 BEAL BANK PLANO TEXAS - 5 YEAR CD 07371AZQ9 2.05% 2.05% 3/3/2027 $248,000.00 $248,000.00 BEAL BANK USA LAS VEGAS - 5 YEAR CD 07371CK81 2.05% 2.05% 3/3/2027 $248,000.00 $248,000.00 SPOKANE TEACHERS CR 849061AF3 4.75% 4.75% 3/25/2027 $249,000.00 $249,000.00 MORGAN STANLEY- 5 YEAR CD 61773TDN0 3.00% 3.00% 4/29/2027 $246,000.00 $246,000.00 GENERATION BANK ROGERS AR CD - 5 YEAR CD 37149CAV9 3.10% 3.10% 5/6/2027 $249,000.00 $249,000.00 DEPARTMENT OF COMMERCE - 5 YEAR CD 24951TAT2 3.25% 3.25% 5/13/2027 $249,000.00 $249,000.00 RADIFI FEDERAL CREDIT UNION - 2 YEAR CD 75034WAA9 4.00% 4.00% 5/13/2027 $249,000.00 $249,000.00 FIRST FED SVGS - 3 YEAR CD 32023HBT4 5.25% 5.25% 6/28/2027 $248,000.00 $248,000.00 CALDWELL BT CO - 2 YEAR CD 128829AQ1 4.00% 4.00% 6/30/2027 $245,000.00 $245,000.00 TRUSTONE FINL CR UN - 5 YEAR CD 89841MAF4 3.40% 3.40% 7/19/2027 $249,000.00 $249,000.00 BMO HARRIS BANK - 5 YEAR CD 05600XHE3 3.55% 3.55% 7/27/2027 $247,000.00 $247,000.00 THIRD FEDL S&L ASSN - 5 YEAR CD 88413QDM7 3.40% 3.40% 7/27/2027 $245,000.00 $245,000.00 CMNTY COMMERCE BANK CLAREMONT- 5 YEAR CD 20367GBH1 3.30% 3.30% 8/10/2027 $249,000.00 $249,000.00 ST VINCENT MED CTR CR - 5 YEAR CD 85279AAA0 3.50% 3.50% 8/12/2027 $249,000.00 $249,000.00 PITTSBURG CITY HALL FCU - 5 YEAR CD 72500MAA3 3.60% 3.60% 8/16/2027 $249,000.00 $249,000.00 SHARONVIEW FCU - 5 YEAR CD 819866BL7 3.50% 3.50% 8/16/2027 $249,000.00 $249,000.00 GHS FEDERAL CREDIT UNION - 5 YEAR CD 36266LAA4 3.80% 3.80% 9/15/2027 $249,000.00 $249,000.00 VALLEY NAT BANK - 2.5 YEAR CD 919853QW4 4.20% 4.20% 12/23/2027 $244,000.00 $244,000.00 MEDALLION BANK - 3 YEAR CD 58404DXY2 4.10% 4.10% 6/30/2028 $249,000.00 $249,000.00 NEW ORLEANS FIREMANS FCU - 5 YEAR CD 647608AH1 5.00% 5.00% 7/17/2028 $248,000.00 $248,000.00 SOUTHPOINT BANK - 3 YEAR CD 84464PCC9 4.00% 4.00% 4/28/2028 $249,000.00 $249,000.00 SOUND CREDIT UNION - 4 YEAR CD 83616HAH7 4.15% 4.15% 6/2/2028 $249,000.00 $249,000.00 NUMERICA CREDIT UNION - 5 YEAR CD 67054NBK8 5.10% 5.10% 7/31/2028 $248,000.00 $248,000.00 SOUTHWEST FINAL FED - 3 YEAR CD 84485EAN7 4.00% 4.00% 8/15/2028 $249,000.00 $249,000.00 GREEN STATE CREDIT UNION- 5 YEAR CD 39573LEL8 5.00% 5.00% 8/29/2028 $248,000.00 $248,000.00 RIA FEDERAL CREDIT UNION - 3 YEAR CD 749622BX3 4.00% 4.00% 10/13/2028 $249,000.00 $249,000.00 CIVIC FEDERAL CREDIT UNION - 3.25 YEAR CD 178808AB7 4.10% 4.10% 10/23/2028 $249,000.00 $249,000.00 ALLIANT CREDIT UNION- 5 YEAR CD 01882MAH5 5.35% 5.35% 11/15/2028 $248,000.00 $248,000.00 SAN FRANCISCO FEDL CR UNION - 4 YEAR CD 79772FAL0 4.25% 4.25% 11/27/2028 $249,000.00 $249,000.00 SKYLA FEDL CREDIT UNION - 3.5 YEAR CD 83086XAE0 4.10% 4.10% 11/30/2028 $249,000.00 $249,000.00 MAINE SAVINGS - 3.5 YEAR CD 560507AU9 4.00% 4.00% 1/30/2029 $249,000.00 $249,000.00 TRUIST BANK - 5 YEAR CD 897926BG5 4.45% 4.45% 4/30/2029 $245,000.00 $245,000.00 MORGAN STANLEY PVT - 5 YEAR CD 61776NRX3 4.15% 4.15% 5/7/2029 $244,000.00 $244,000.00

BMW BANK OF NORTH AMERICA - 4 YEAR CD 05612LER9 4.00% 4.00% 5/9/2029 $245,000.00 $245,000.00 USF FEDL CREDIT UNION - 5 YEAR CD 90353EBS1 4.65% 4.65% 12/20/2029 $249,000.00 $249,000.00 JP MORGAN CHASE BANK - 5 YEAR CD 46657VWH9 4.75% 4.75% 1/31/2030 $248,000.00 $248,000.00 SMARTBANK - 5 YEAR CD 83172HHT0 4.60% 4.60% 2/8/2030 $249,000.00 $249,000.00 WEST GATE BANK LINCOLN -5 YEAR CD 95285QCE6 4.60% 4.60% 2/19/2030 $249,000.00 $249,000.00 TUCSON FEDL CREDIT UNION - 5 YEAR CD 898812AE2 4.65% 4.65% 3/7/2030 $249,000.00 $249,000.00 A+ FEDERAL CREDIT UNION - 5 YEAR CD 00224TAS5 4.15% 4.15% 3/28/2030 $249,000.00 $249,000.00 AMERICAN EXPRESS NATIONAL BANK - 5 YEAR CD 02589AGX4 4.15% 4.15% 3/26/2030 $244,000.00 $244,000.00 AMERICAN BANK COMMERCE - 5 YEAR CD 02432LAC1 4.50% 4.50% 6/25/2030 $249,000.00 $249,000.00 CITIBANK SIOUX BANK - 5 YEAR CD 17290GCM7 4.25% 4.25% 7/21/2030 $244,000.00 $244,000.00 $18,111,000.00
$48,106,141.23
$75,977,985.52
Amount % of Portfolio Amount % of Portfolio
$224,839.89 0% 32,982,287.91 $ 43%
$7,109,248.38 9% 15,377,079.08 $ 20%
$20,537,756.02 27% 27,618,618.53 $ 36%
$19,991,903.19 26% $ 100% 75,977,985.52
$8,192,850.40 11%
$83,387.64 0%
$19,838,000.00 26% 3.91%
$75,977,985.52 100% 1.92
Michael O'Brien Administrative Services Director/City Treasurer Prepared by: Jennifer Legaspi
TOTAL CD's/GSE BONDS/ CORPORATE BONDS/TREASURY BILLS

TOTAL OF ALL INVESTMENTS
STIFEL CD'S INVESTMENT SUBTOTAL:

LOCAL AGENCY INVESTMENT FUND (LAIF)

INVESTMENTS BY TYPE INVESTMENTS BY MATURITY

CHECKING & MONEY MARKET ACCOUNTS/CASH ON HAND/ CASH

HELD FOR INVESTMENT
Maturity Range
1 Day to 1 Yr.
1 Yr. to 3 Yrs.

Type
The above investments have met the requirements as stated in the City's Annual Investment Policy.

CALTRUST

GSE AGENCY BONDS

COMMERCIAL & MUNICIPAL BONDS
U.S TREASURY BILLS

NEGOTIABLE CERTIFICATES OF DEPOSIT
TOTAL OF ALL INVESTMENTS Weighted Average Maturity in Years Weighted Average Yield
3 Yrs. to 5 Yrs.

Total

ATTACHMENT 2

Agenda Item Staff Report
To: Honorable Mayor and Members of City Council
For the Meeting of September 23, 2025
From: Brad McKinney, City Manager
Prepared by: Michael O'Brien, Director of Administrative Services Subject: Approve Budget Carryovers from the Fiscal Year 2024-25 Budget to the Fiscal Year 2025-26 Budget Per Attachment 1.
____________________________________________________________________________

SUMMARY
Request for Council approval to carry over unspent funding related to executed contracts, capital projects, equipment purchases, grant funding and professional services that were budgeted for but not completed by the 2024-25 fiscal year end.

RECOMMENDATION
Staff recommends that the City Council:
• Approve the carryovers listed for expenditures and revenues in attachment 1.

GOVERNMENT CODE §84308 APPLIES:
https://leginfo.legislature.ca.gov
No

FISCAL IMPACT
The proposed carryovers for expenditures total $12,648,055 which is partially offset by $3,992,989 of grant revenues and reimbursements to be carried over from the prior year budget.

The net effect on the Citywide fund balance is a net reduction of $8,655,066.

The General Fund portion of the expenditures to be carried over is $1,065,032 which is partially offset by related grant and reimbursement revenues that amount to $221,838 for a net reduction to the fund balance totaling $843,194.

The carryovers were included in the adopted Fiscal Year 2025-26 budget as estimated expenditures for Fiscal Year 2024-25. As such, the ending fund balances across all the funds

Approve Budget Carryovers From The Fiscal Year 2024-25 Budget to the 2025-26 Budget For the Meeting of September 23, 2025 Page 2
with requested carryover expenditures have a fund balance in excess of the requested funds to be carried over.

BACKGROUND
Each year, after all revenues and expenditures related to the prior year have been accrued, which is completed by August 31st , budget line items that are related to executed contracts, capital projects, equipment purchases, grant funding and professional services that were budgeted but not completed are required to be carried over into the following fiscal year. The use of carryovers helps with tracking budgets and actuals. Simply re-budgeting for a project based on estimated year-end expenditures will likely result in line items being over or under budget in the following fiscal year. Assuming the entire budget for a project will be spent and only budgeting for anticipated overages has allowed the City to present Council with a consistent picture of what a project will cost upon completion.

DISCUSSION/ANALYSIS
Carrying over unspent appropriations from the prior fiscal year allows the City to more accurately reflect the true, multi-year cost of certain budgeted projects and initiatives. Many capital projects, grant-funded programs, and one-time operational purchases span more than a single fiscal year, with planning, procurement, and implementation occurring over extended timelines. Without a formal carryover of the remaining budget authority, these efforts could appear underfunded or create the misperception that new appropriations are needed each year, even though sufficient funding was originally approved by Council. By carrying over the unspent funds, the City preserves the original budget authorization, enhances transparency in reporting multi-year expenditures, and ensures continuity in project delivery without duplicating appropriations. This practice improves fiscal accountability and allows the City to present a more accurate picture of both current and long-term financial commitments.

Approval of the requested carryover will not increase total City expenditures but will reauthorize the use of previously approved funds to complete outstanding commitments. This ensures that funds set aside for projects and initiatives remain available for their intended purposes and supports more consistent monitoring of actual-to-budget performance across fiscal years. The carryover process also provides Council and the public with clear visibility into how resources are being utilized over time, reinforcing the City’s commitment to prudent financial management and transparent reporting.

ALTERNATIVES
The City Council could elect to deny the carryover appropriations which would result in the cancellation of a number of contracted expenditures, capital projects, grant funded activities and equipment purchases.

ENVIRONMENTAL REVIEW
Pursuant to CEQA guidelines Section 15061 (b)(3), CEQA does not apply to this item because there is no potential for causing a significant effect on the environment. Therefore, no additional environmental review is needed at this time.

Respectfully submitted,

Approve Budget Carryovers From The Fiscal Year 2024-25 Budget to the 2025-26 Budget For the Meeting of September 23, 2025 Page 3
Michael O'Brien
Director of Administrative Services
Attachments:

1. Budget carryover listing for fiscal year 2025-26

2024-25 2024-25 2024-25 2025-26 2025-26

REVISED ACTUAL PROPOSED ADOPTED PROPOSED
Account Name Account Number Budget CARRY OVER BUDGET REVISED BUDGET Professional Services 001.4110.020.000 25,000 7,500 17,500 10,000 27,500 Election Services 001.4120.020.001 150,000 - 150,000 - 150,000 Productivity Program 001.4150.431.000 11,714 4,298 5,000 2,000 7,000 City Web Page Services 001.4190.020.033 6,900 5,889 1,011 7,100 8,111 Accela Enhancements 001.4190.020.035 86,000 24,597 61,403 - 61,403 Public Safety Grant 001.4210.020.028 200,000 17,378 182,622 - 182,622 Professional Services 001.4308.020.000 164,863 121,995 42,868 37,000 79,868 ADU Standards Plan 001.4308.020.025 75,000 4,680 34,170 36,150 70,320 Safety Element Update 001.4308.020.026 175,000 - 175,000 - 175,000 PW Project Management 001.4310.020.006 190,500 57,051 133,449 91,000 224,449 Waste Compliance Services 001.4310.020.008 542,205 86,294 10,000 45,250 55,250 Public Works Travel & Meeting 001.4310.021.000 9,000 3,053 5,947 9,000 14,947 Downtown Sidewalk Maintenance 001.4341.020.005 62,400 37,927 24,473 60,000 84,473 Municipal Parking District Maintenance 001.4341.020.007 50,000 - 50,000 60,000 110,000 Street Maintenance Travel & Meeting 001.4341.021.000 9,600 3,701 5,899 9,600 15,499 NPDES Professional Services 001.4341.024.020 333,856 152,552 12,000 175,741 187,741 PS Maintenance Yard 001.4342.020.003 40,000 25,379 14,621 40,000 54,621 Yard Bldgs Upgrades 001.4342.041.011 20,000 11,942 8,058 30,000 38,058 Professional Services (Striping) 001.4345.020.000 199,826 160,636 39,190 200,000 239,190 Traffic Engineering Services 001.4345.020.001 178,530 89,384 89,146 80,000 169,146 Traffic Contrl Travel & Meeting 001.4345.021.000 2,675 - 2,675 2,500 5,175 Annual Pavement Preservation 002.4841.554.007 1,217,122 754,673 145,327 360,000 505,327 City Wide Pavment Maintenance 002.4841.559.005 169,922 69,921 65,079 130,000 195,079 Badillo 002.4841.639.000 100,000 100,000 100,000
Maintenance of Buildings (Painting Walker House) 003.4410.023.001 31,990 12,659 18,331 15,358 33,689 Sewer Easement Documents 006.4310.020.006 20,000 - 20,000 - 20,000 Civic Center Wood Pole Replacement 007.4341.041.007 492,500 18,405 474,095 - 474,095 Replace Lights SD Ave. Bonita 007.4341.041.008 786,355 312,462 473,893 - 473,893 Traffic Signal Painting 007.4345.020.000 75,286 22,716 52,570 30,000 82,570 Traffic Signal upgrades 007.4345.020.003 223,095 91,459 131,636 150,000 281,636 Traffic Signal Cameras/Battery 007.4345.041.002 34,477 4,346 30,131 35,000 65,131 Badillo Traffic Signal 007.4345.602.000 130,000 - 130,000 - 130,000 SB1383 Local Asst. Grant 012.4310.020.008 96,342 9,229 87,113 - 87,113 Online Solar Permitting Grant 012.4310.020.009 17,757 12,060 5,697 - 5,697 Hazard Mitigation Plan 012.4310.020.010 200,000 - 200,000 - 200,000 Various Parks Pavement Maintenance 012.4841.554.008 105,000 1,874 103,126 100,000 203,126 Metro Double Track 012.4841.616.017 77,000 7,195 22,805 55,000 77,805 Badillo 012.4841.639.000 1,890,043 - 1,890,043 - 1,890,043 City Yard Repairs/Relocation 012.4841.693.005 827,467 218,882 608,585 145,000 753,585 HT CYN Park Storm Drain Project 012.4841.927.007 333,610 - 333,610 - 333,610 San Dimas Loop Project 012.4841.929.009 3,000,000 2,447,844 552,156 - 552,156 Tennis Court Resurface 020.4410.937.006 49,500 - 49,500 - 49,500 HTC Park Improvements 021.4410.927.003 670,000 662,399 7,601 - 7,601 Rec Center Improvements 021.4430.430.005 311,821 38,490 273,331 - 273,331 Train Depot Roof Replacement 022.4410.041.005 80,000 - 80,000 - 80,000 Home Rehab 034.4802.851.040 200,000 74,032 125,968 200,000 325,968 Mobility Lifts 034.4802.863.001 100,000 82,306 17,694 100,000 117,694 M/O Improvement of Property 034.4802.864.506 100,000 39,768 19,515 50,000 69,515 ED Small Business Attraction Grant 040.4112.852.006 70,000 - 70,000 35,000 105,000 PLHA Grant 040.4112.852.007 - - (89,231) 180,943 91,712 PLHA Grant - Case Management 040.4112.852.008 - - 89,231 - 89,231 Capital Expenditures Gold Course 053.4410.041.003 100,000 64,831 35,169 - 35,169 GoldLine Parking Management 072.4125.453.006 300,000 55,700 244,300 - 244,300 Goldline Expansion Project 072.4125.453.007 400,000 - 400,000 - 400,000 Bus stop Shelter Enhancement 072.4125.455.000 120,000 1,726 118,274 - 118,274 Pavement Management System 073.4841.041.001 40,000 4,000 36,000 - 36,000 Pavement Management Update 073.4841.041.002 30,000 - 30,000 - 30,000 Lone Hill et Al 073.4841.601.004 746,500 633,154 113,346 - 113,346 Badillo 073.4841.639.000 120,000 5,000 115,000 - 115,000 Arrow Highway Rehab 073.4841.652.001 700,000 - 700,000 500,000 1,200,000 Bonita Design 073.4841.660.001 75,000 - 75,000 - 75,000 Pavement Preservation 074.4841.554.007 353,091 300,000 53,091 84,000 137,091 Fifth Street 074.4841.554.009 300,000 - 300,000 94,000 394,000 Gold Line Betterments 074.4841.616.016 170,000 - 170,000 - 170,000 Badillo 074.4841.639.000 55,000 - 55,000 - 55,000
Arrow Highway 076.4841.554.008 77,280 46,080 31,200 - 31,200 San Dimas Ave Pedestrian Improvements 076.4841.929.000 22,970 - 22,970 - 22,970 Fifth Street 077.4841.554.009 600,000 600,000 - 600,000 Via Vaquero E/San Dimas Ave. 077.4841.640.001 442,300 336,797 105,503 - 105,503 Bonita Design 077.4841.660.001 111,100 111,100 - 111,100 Lone Hill Park Design 078.4841.601.001 832,620 399,721 432,899 - 432,899 Marchant Park NPDES 078.4841.601.002 646,700 13,800 12,783 620,117 632,900 Catch Basin Grates & Filters 078.4841.813.000 330,000 284,100 45,900 475,000 520,900 Parking Enforcement Vehicle 100.4314.039.025 430,000 111,401 220,000 210,000 430,000 City Hall Roof Replacement 100.4314.039.054 510,329 - 110,329 400,000 510,329 HVA Hot Water Boiler 100.4314.041.029 150,000 - 150,000 - 150,000 Manufactured Housing Grant 113.4120.020.006 1,245,000 563,848 681,152 400,000 1,081,152 Manufactured Housing Grant-Admin 113.4120.020.007 255,000 28,800 226,200 - 226,200 P.S. Charter Oak Improvements 113.4120.020.001 1,418,458 82,028 300,000 1,350,000 1,650,000 TOTAL 24,523,704 8,625,961 12,648,055 6,614,759 19,262,814 Expenditure Carry Over List
ATTACHMENT 1

2024-25 2024-25 2024-25 2025-26 2025-26

REVISED ACTUAL PROPOSED ADOPTED PROPOSED
Account Name Account Number BUDGET CARRY OVER BUDGET REVISED BUDGET Public Safety Grant 001.358.010 200,000 - 200,000 - 200,000 SB2 Planning Grant 001.356.007 21,838 - 21,838 - 21,838 SB1383 Local Assistance Grant 012.359.005 96,352 - 96,352 - 96,352 County CO-OP- PROJ Contribution 012.369.008 71,000 - 71,000 - 71,000 Badillo St. County Co-Op 012.369.014 954,000 - 954,000 - 954,000 Metro Double Track 012.369.017 57,000 - 57,000 - 57,000 Metro Double Track 012.369.019 77,000 - 77,000 - 77,000 Hazardous mitigation grant 012.369.021 150,000 - 150,000 - 150,000 SCWP Lone Hill Park 078.358.001 832,620 399,721 432,899 - 432,899 SCWP Marchant Park 078.358.002 646,700 13,800 632,900 - 632,900 Manufactured Housing Grant 113.356.001 1,500,000 - 1,500,000 400,000 1,900,000 Total $ 413,521 4,406,510 $ 3,992,989 $ 400,000 $ 4,392,989 $ Revenue Carry Over Proposed