San Rafael City Council
April 17, 2023

AGENDA
SAN RAFAEL CITY COUNCIL - MONDAY, APRIL 17, 2023
REGULAR MEETING AT 7:00 P.M.

In-Person:

San Rafael City Council Chambers
1400 Fifth Avenue, San Rafael, CA 94901
Participate Virtually:

Watch on Zoom Webinar: https://cityofsanrafael-org.zoom.us/j/86061905675 Watch on YouTube: www.youtube.com/cityofsanrafael
Listen by phone: (669) 444-9171
ID: 860-6190-5675#
One Tap Mobile: US: +16694449171,,86061905675#
This meeting will be held in-person. The public may attend in-person or participate virtually using Zoom.

This meeting is being streamed to YouTube at www.youtube.com/cityofsanrafael.

How to participate in the meeting virtually:
• Submit public comment in writing before 4:00 p.m. the day of the meeting to [email protected].
• Join the Zoom webinar and use the 'raise hand' feature to provide verbal public comment. • Dial-in to Zoom's telephone number using the meeting ID and press *9 to raise your hand, and *6 to unmute yourself, then provide verbal public comment.

If you experience technical difficulties during the meeting, please contact [email protected].

OPEN SESSION

1. None.

CLOSED SESSION

2. Closed Session: - None.

OPEN TIME FOR PUBLIC EXPRESSION
The public is welcome to address the City Council at this time on matters not on the agenda that are within its jurisdiction. Please be advised that pursuant to Government Code Section 54954.2, the City Council is not permitted to discuss or take action on any matter not on the agenda unless it determines that an emergency exists, or that there is a need to take immediate action which arose following posting of the agenda. Comments may be no longer than two minutes and should be respectful to the community.

CITY MANAGER AND COUNCILMEMBER REPORTS:
(including AB 1234 Reports on Meetings and Conferences Attended at City Expense)

3. City Manager and Councilmember Reports:

CONSENT CALENDAR:

The opportunity for public comment on consent calendar items will occur prior to the City Council’s vote on the Consent Calendar. The City Council may approve the entire consent calendar with one action. In the alternative, items on the Consent Calendar may be removed by any City Council or staff member, for separate discussion and vote.
2 4. Consent Calendar Items:
a. Approval of Minutes
Approve Minutes of the City Council Meeting of April 3, 2023 (CC) Recommended Action - Approve minutes as submitted
b. Grant Funded Canal Broadband Feasibility Study Consulting Contract Approve and Authorize the City Manager to Negotiate and Execute a Professional Services Agreement with EntryPoint Networks, Inc. to Coordinate and Perform the Services Required to Create the Work Products Outlined in the Local Agency Technical Assistance (“LATA”) Grant Award from the California Public Utilities Commission (“CPUC”) for the San Rafael Canal Qualified Opportunity Zone Project in the Amount of $182,120 (DS) Recommended Action – Authorize the City Manager to negotiate and execute a professional services agreement in the amount not to exceed $182,120 with EntryPoint Networks, Inc. to perform the services required to create the work products outlined in the contract and Digital Feasibility Study Proposal previously submitted and approved by the California Public Utilities Commission (CPUC) as a part of the City’s Local Agency Technical Assistance (LATA) grant application and award.
c. Grant Award from the State of California Arts Commission Resolution Approving the Acceptance and Appropriation of Grant Funding from the State of California Arts Commission in An Amount of $671,429 for The Downtown San Rafael Arts District, and Authorizing the City Manager to Execute a Grant Agreement and Other Documents Related to the Grant (ED)
Recommended Action – Adopt the Resolution
d. City Quarterly Investment Report
Acceptance of City of San Rafael Quarterly Investment Report for the Quarter Ending March 31, 2023 (Fin)
Recommended Action – Accept report
e. National Library Week
Proclamation Supporting National Library Week April 23-29, 2023 (LR) Recommended Action – Receive and file
f. Approval of Special Event Street Closures in San Rafael Resolution Authorizing the Temporary Closure of Streets in San Rafael for “Dining Under the Lights”, A Special Event Series on Fourth Street (PD) Recommended Action – Adopt Resolution
g. B Street Culvert Replacement Project
Authorize the City Manager to Terminate the Construction Contract for B St Culvert Replacement Project, City Project No. 11380 with Maggiora & Ghilotti, Inc. (PW) Recommended Action – Authorize the City Manager to terminate the construction contract for the B St Culvert Replacement Project, City Project No. 11380 with Maggiora & Ghilotti, Inc. 3 PUBLIC HEARINGS

5. Public Hearings:
a. Paramedic Tax Rates for Fiscal Year 2023-24
Introduction of An Ordinance of the City Council of the City of San Rafael Amending the Paramedic Service Special Tax Rates Within the Voter-Approved Limit, Commencing with Fiscal Year 2023-2024, for Residential Units and Non-Residential Structures in the City of San Rafael, County Service Area No. 13, County Service Area No. 19, and The Marinwood Community Services District (Fin)
Recommended Action – Waive further reading of the Ordinance and refer to it by title only, and introduce the Ordinance

OTHER AGENDA ITEMS

6. Other Agenda Items:
a. Citywide Parks and Recreation Master Plan
Resolution Adopting the Citywide Parks and Recreation Master Plan (LR) Recommended Action – Adopt Resolution
b. Appointment of Cristine R. Alilovich to City Manager Resolution Appointing Cristine R. Alilovich City Manager, Effective June 1, 2023 and Approving and Authorizing the Mayor to Execute An Employment Agreement (CA) Recommended Action – Adopt Resolution
SAN RAFAEL SUCCESSOR AGENCY:

1. Consent Calendar:
a. Successor Agency Quarterly Investment Report
Acceptance of City of San Rafael Successor Agency Quarterly Investment Report for the Quarter Ending March 31, 2023 (Fin)
Recommended Action – Accept report
ADJOURNMENT:

Any records relating to an agenda item, received by a majority or more of the Council less than 72 hours before the meeting, shall be available for inspection online and at City Hall, 1400 Fifth Avenue, and placed with other agenda-related materials on the table in front of the Council Chamber prior to the meeting. Sign Language interpreters may be requested by calling (415) 485-3066 (voice), emailing [email protected] or using the California Telecommunications Relay Service by dialing “711”, at least 72 hours in advance of the meeting. Copies of documents are available in accessible formats upon request. To request Spanish language interpretation, please submit an online form at https://www.cityofsanrafael.org/request-for-interpretation/.

Minutes subject to approval at the April 17, 2023 meeting

MINUTES
SAN RAFAEL CITY COUNCIL - MONDAY, APRIL 3, 2023
REGULAR MEETING AT 7:00 P.M.

In-Person:

San Rafael City Council Chambers
1400 Fifth Avenue, San Rafael, CA 94901
Participate Virtually:

Watch on Zoom Webinar: https://tinyurl.com/cc-2023-04-03 Watch on YouTube: www.youtube.com/cityofsanrafael
Listen by phone: (669) 444-9171
ID: 844-3204-9611#
One Tap Mobile: US: +16694449171,,84432049611#
This meeting will be held in-person. The public may attend in-person or participate virtually using Zoom.

This meeting is being streamed to YouTube at www.youtube.com/cityofsanrafael.

How to participate in the meeting virtually:
• Submit public comment in writing before 4:00 p.m. the day of the meeting to [email protected].
• Join the Zoom webinar and use the 'raise hand' feature to provide verbal public comment. • Dial-in to Zoom's telephone number using the meeting ID and press *9 to raise your hand, and *6 to unmute yourself, then provide verbal public comment.

If you experience technical difficulties during the meeting, please contact [email protected].

Present: Councilmember Bushey
Councilmember Hill
Councilmember Kertz
Vice Mayor Llorens Gulati
Mayor Kate

Absent: None
Also Present: City Manager Jim Schutz
City Attorney Robert Epstein
City Clerk Lindsay Lara
Mayor Kate called the meeting to order at 7:14 p.m. and invited City Clerk Lindsay Lara to call the roll. All members of the City Council were present.

City Attorney Robert Epstein announced that no reportable action was taken at the closed sessions on March 28, 2023, March 29, 2023, or either closed sessions on April 3, 2023.

Mayor Kate provided opening remarks, which included an announcement that San Rafael will continue to offer attendance at public meetings either in-person or virtually following the end of the emergency declaration, and a land acknowledgement.

City Clerk Lindsay Lara informed the community that the in-person meeting would be recorded and streamed live to YouTube and through Zoom, and members of the public would provide public comment either on the telephone or through Zoom. She explained the process for community participation on the telephone, through Zoom and in-person. 2 OPEN SESSION – THIRD FLOOR CONFERENCE ROOM – 6:30 PM
Dial in: (669) 900-9128, Meeting ID: 844-2184-7037#
One tap mobile +16699009128,,84421847037# US

1. Mayor Kate announced the Closed Session items.

CLOSED SESSION – THIRD FLOOR CONFERENCE ROOM – 6:30 PM

2. Closed Session:
a. CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION
Government Code section 54956.9(d)(1): 2 cases
i. Erdmann v. City of San Rafael, et al. (Marin Superior Court, Case No. CIV 2100895) ii. City of San Rafael v. Chessen, et al. (Marin Superior Court, Case No. CIV 2104219)

OPEN TIME FOR PUBLIC EXPRESSION
• Dave Rhoads, Walk/Bike San Rafael, addressed the City Council regarding the recently cancelled Bicycle and Pedestrian Advisory Committee meeting. • Andrew Davidson addressed the City Council regarding 1515 Fourth Street development project.
• Scott Dumas addressed the City Council regarding 1515 Fourth Street development project. • Christa Gatewood addressed the city council regarding the 1515 Fourth Street development project.
• John Reynolds addressed the City Council regarding a rally/march on March 31st regarding police accountability for a controversial arrest in the Canal, as well as, commented on the San Rafael Police Department and 400 Canal Street housing.
• Lori addressed the City Council regarding the recently cancelled Bicycle and Pedestrian Advisory Committee meeting.
• Name withheld addressed the City Council regarding the recent Albert Park encampment clean-up and police worn body cameras.

Ali Giudice, Community Development Director provided comments.

CITY MANAGER AND COUNCILMEMBER REPORTS:
(including AB 1234 Reports on Meetings and Conferences Attended at City Expense)

3. City Manager and Councilmember Reports:

Jim Schutz announced:
• The City’s Alternative Response Team (with the Petaluma People Services Center), now called the SAFE Team (Specialized Assistance For Everyone) went into the field last week • Fire Station 55 is now occupied with firefighters
• Earth Day Clean and Green, April 21st, 10 a.m. - 2 p.m. • Earth Day Neighborhood Clean-Ups, April 22nd, 9 a.m. – 12 p.m.

City Councilmember Reports:
• Vice Mayor Llorens Gulati reported on a Policing in San Rafael community meeting, a Marin County Council of Mayors & Councilmembers (MCCMC) meeting, a Marin Women’s Political Action Committee luncheon, a MCCMC Climate Action Committee meeting and a Youth for Justice (Alcohol Justice) meeting. Also, she attended the first Canal Easter Egg Hunt.
3 • Councilmember Kertz reported on her attendance at a 10-day seminar in Israel and a Terra Linda Neighborhood Association meeting. She announced a new Marin Wildfire Prevention Authority (MWPA) report entitled Literature Review of the State of the Science in Wildfire Evacuation.
• Councilmember Hill reported on a Priority Setting Committee meeting and ride-alongs with both public safety departments (Fire and Police).
• Councilmember Bushey reported on a Pt. San Pedro Road Coalition meeting, a meeting with Supervisor Sackett regarding budgetary negotiations, a Marin Transit Agency board meeting, a Public Service Award Committee meeting, a Rotary of San Rafael luncheon, a Marin Elected Women’s luncheon and a Loch Lomond Oversight Committee meeting. She announced the breakwater path has been re-opened. • Mayor Kate reported on a Fire Department ride-along, a Transportation Authority of Marin (TAM) meeting and a Marin Gun Safety Collaborative meeting. She announced a Marin County Office of Education Gun Safety campaign.

Mayor Kate invited public comment.

Speaker: Name withheld
CONSENT CALENDAR:

Mayor Kate invited public comment; however there was none.

Vice Mayor Llorens Gulati moved and Councilmember Hill seconded to approve the Consent Calendar.

4. Consent Calendar Items:
a. Approval of Minutes
Approve Minutes of the City Council Meeting of March 20, 2023 (CC) Approved minutes as submitted
b. Term Extensions for Board, Commission and Committee Members Approve Extension of Board, Commission and Committee Member Terms to a SemiAnnual Expiration (CC) Approved Term Extensions
c. Public Service Award 2023
Resolution of Appreciation to Recipient of the Richard P. O’Brien and Mary Ferrario O’Brien Public Service Award for 2023 (CC)
Resolution 15197 - Resolution of Appreciation to Recipient of the Richard P. O’Brien and Mary Ferrario O’Brien Public Service Award for 2023
d. Proclamation Supporting Celebrate Diversity Month (HR) Received and filed
e. Proclamation Supporting Month of the Young Child (LR) Received and filed
f. Approval for Special Event Street Closures in San Rafael Resolution Authorizing the Temporary Closure of Streets in San Rafael for Special Events for Calendar Year 2023 (PD)
4 Resolution 15198 - Authorizing the Temporary Closure of Streets in San Rafael for Special Events for Calendar Year 2023
g. Third Street Rehabilitation Project
Authorize the City Manager to Execute a First Amendment to the Professional Services Agreement with Coastland Civil Engineering, Inc. for Construction Management, Inspection, and Material Testing Services Associated with the Third Street Rehabilitation Project, In an Additional Amount Not to Exceed $380,000 (PW) Authorized the City Manager to Execute a First Amendment to the Professional Services Agreement with Coastland Civil Engineering, Inc. for Construction Management, Inspection, and Material Testing Services Associated with the Third Street Rehabilitation Project, In an Additional Amount Not to Exceed $380,000
AYES: Councilmembers: Bushey, Hill Kertz, Llorens Gulati & Mayor Kate NOES: Councilmembers: None
ABSENT: Councilmembers: None

SPECIAL PRESENTATIONS

5. Special Presentation:

Mayor Kate invited public comment; however, there was none. a. Presentation of Resolution of Appreciation to Public Service Award Recipient (CC) Mayor Kate presented the Resolution of Appreciation to Melissa Prandi, Public Service Award Recipient.

Melissa Prandi provided comments.

Mayor Kate called a recess at 7:58 p.m.

Mayor Kate called the meeting to order at 8:10 p.m.

OTHER AGENDA ITEMS

6. Other Agenda Items:
a. Notice of Funding Availability for Affordable Housing Status and Scope of City of San Rafael Notice of Funding Availability (CD) Alexis Captanian, Housing Program Analyst presented the staff report.

Staff responded to questions from the City Council.

Mayor Kate invited public comment.

Speaker: Al Vetere
Staff responded to public comment.

Councilmembers provided comments.
5 Councilmember Kertz moved and Councilmember Bushey seconded to accept the report.

AYES: Councilmembers: Bushey, Hill, Kertz, Llorens Gulati & Mayor Kate NOES: Councilmembers: None
ABSENT: Councilmembers: None
Accepted report
b. Countywide Fire Dispatch Changes
Informational Report to the City Council on the Dissolution of the Contract with the Marin County Sheriff’s Office and Negotiations with the Marin County Fire Department for Fire Dispatch Services (FD)
Fire Chief Darin White presented the staff report.

Staff responded to questions from the City Council.

Mayor Kate invited public comment.

Speaker: Al Vetere
Staff responded to public comment.

Councilmembers provided comments.

Councilmember Hill moved and Councilmember Bushey seconded to accept the report.

AYES: Councilmembers: Bushey, Hill, Kertz, Llorens Gulati & Mayor Kate NOES: Councilmembers: None
ABSENT: Councilmembers: None
Accepted report
SAN RAFAEL SUCCESSOR AGENCY:

1. Consent Calendar: None.

ADJOURNMENT:

Mayor Kate adjourned the meeting at 8:45 p.m.
___________________________
LINDSAY LARA, City Clerk
APPROVED THIS _____DAY OF____________, 2023
_____________________________________
KATE COLIN, Mayor
____________________________________________________________________________________

FOR CITY CLERK ONLY
Council Meeting:

Disposition:

Agenda Item 4.b
Meeting Date: April 17, 2023

SAN RAFAEL CITY COUNCIL AGENDA REPORT
Department: Digital Service and Open Government
Prepared by: Vinh Pham,
Digital Infrastructure Manager
City Manager Approval: ______________
TOPIC: GRANT FUNDED CANAL BROADBAND FEASIBILITY STUDY CONSULTING

CONTRACT
SUBJECT: APPROVE AND AUTHORIZE THE CITY MANAGER TO NEGOTIATE AND EXECUTE A PROFESSIONAL SERVICES AGREEMENT WITH ENTRYPOINT NETWORKS, INC.

TO COORDINATE AND PERFORM THE SERVICES REQUIRED TO CREATE THE

WORK PRODUCTS OUTLINED IN THE LOCAL AGENCY TECHNICAL ASSISTANCE (“LATA”) GRANT AWARD FROM THE CALIFORNIA PUBLIC UTILITIES COMMISSION (“CPUC”) FOR THE SAN RAFAEL CANAL QUALIFIED OPPORTUNITY ZONE PROJECT IN THE AMOUNT NOT TO EXCEED $182,120
RECOMMENDATION:

Staff recommends City Council approve and authorize the City Manager to negotiate and execute a professional services agreement in the amount not to exceed $182,120 with EntryPoint Networks, Inc. to perform the services required to create the work products outlined in the contract and Digital Feasibility Study Proposal previously submitted and approved by the California Public Utilities Commission (CPUC) as a part of the City’s Local Agency Technical Assistance (LATA) grant application and award.

BACKGROUND:

In September 2022, the City of San Rafael, in partnership with the County of Marin, submitted a Local Agency Technical Assistance (LATA) grant application to the California Public Utilities Commission (CPUC) which was subsequently awarded. LATA grant funding was established to reimburse pre-construction expenses in advance of broadband deployment to unserved and underserved communities. The Canal neighborhood was identified as the underserved or potentially unserved community in San Rafael. LATA resources were awarded to analyze community needs, recommend capable models, prove feasibility, identify eligible funding sources, and assist with preparing the documentation necessary to apply for and receive state and/or federal funding assistance.

SAN RAFAEL CITY COUNCIL AGENDA REPORT / Page: 2
The reimbursable work products to be developed from this award include:

1. Data Collection: $78,380

2. Market Analysis: $33,800

3. High Level Design for Outside Plant and Interior Rental Units: $36,140

4. Strategic Plan Document and Presentations: $33,800
ANALYSIS:

The Canal neighborhood (including Census Tracts 1122.03 and 1122.04) in San Rafael has significantly lower household incomes than surrounding neighborhoods and a lower rate of broadband service subscription per household compared to average households in the City of San Rafael. Despite federal and state broadband maps indicating that the Canal neighborhood is “served” by incumbent providers Comcast and AT&T, a closer look at rates vs household income and access to existing providers indicates the neighborhood could be better served by increased access to infrastructure and internet services. The feasibility study that will be provided by EntryPoint Networks Inc. will include data collection and reliability tests to determine if it is recommended to pursue further state and federal grants to subsidize broadband development in the neighborhood.

The ‘data collection’ work to be performed will include statistically relevant resident and property owner surveys. Reliability and capacity tests for the area will be conducted and recorded by the residents from inside their living units. This work will be inclusive and granular in nature, providing a unique understanding around the challenges faced by tenants and institutional landlords with a focus on developing sustainable solutions that meet the needs of both.

As a part of business modeling and feasibility analysis, outside plant designs will leverage the State’s open access middle mile and include suggested property improvements and costs to deliver reliable broadband to each living unit within the high-density housing area. Achieving these outputs will be key to proving Broadband Equity, Access, and Deployment (BEAD) Program eligibility into the living units.

As the final work product, the strategic plan document and presentations will catalogue and frame findings in actionable recommended next steps leading to fundable, pragmatic solutions for the area and beyond.

FISCAL IMPACT:

The contract amount of $182,120 will be reimbursed from the LATA award. There is no additional fiscal impact associated with this action.

OPTIONS:

The City Council has the following options to consider on this matter:

1. Approve the EntryPoint Networks, Inc. contract and authorize the City Manager to negotiate and execute the agreement.

2. Do not approve the contract.

RECOMMENDED ACTION:

Staff recommends City Council approve and authorize the City Manager to negotiate and execute a professional services agreement in the amount not to exceed $182,120 with EntryPoint Networks, Inc. to perform the services required to create the work products outlined SAN RAFAEL CITY COUNCIL AGENDA REPORT / Page: 3
in the contract and Digital Feasibility Study Proposal previously submitted and approved by the California Public Utilities Commission (CPUC) as a part of the City’s Local Agency Technical Assistance (LATA) grant application and award.

ATTACHMENTS:

1. EntryPoint Proposal

DIGITAL FEASIBILITY STUDY PROPOSAL
Submitted by
September 20, 2022
[Revised 02/28/2023]
EntryPoint, LLC City of San Rafael, California – Consulting Services Proposal Page | 2

SCOPE OF WORK
EntryPoint Networks Solution Services Group appreciates the opportunity to provide project leadership, management, design, and strategic planning for the City of San Rafael, California. This work will include the following work products for the San Rafael Canal Qualified Opportunity Zone:

1. Data collection and market analysis to include Geospatial files with data showing market data and other datasets including availability, price, and performance metrics. Resident and property owner survey development and execution to determine satisfaction, experience, affordability, to inform City actions or solutions. This work will be extensive and performed by a third-party subcontractor under EntryPoint’s oversight.

2. High level design with an accompanying Bill of Materials (BOM) for a fiber to the address solution to be used for cost and feasibility analysis. Additional design work will be performed based on feedback obtained from rental property owners to outline potential solutions capable of delivering 1 gigabit connectivity to each rental living unit. The fiber to the address or MDU work will be performed by a third-party subcontractor under EntryPoint’s oversight. The interior connectivity solutions will be developed by EntryPoint and documented with high level cost estimates as a part of the larger plan documentation.

3. Strategic recommendations will be developed and documented. Plan documentation shall include identifying gaps, potential solutions, challenges, costs, and recommended steps and paths to creating long term sustainable solutions, including suggestions to create natural incentives for stakeholders to support a solution capable of achieving the City’s goals while at the same time managing these desired changes for the benefit of all.

Expected steps to develop and deliver these three deliverables are expected to include the following activities:

Data Collection (A-C) and Market Analysis (D&E)
A. Data collection (statistically relevant)
a. Collect, catalogue, and correlate granular demographic data b. Collect, catalogue, and correlate broadband market data for the area B. Develop and conduct surveys of area residents and property owners a. Includes marketing to increase survey participation
b. Includes survey mailing and input of hard copies
C. Map area to show potential funding sources based on data and program qualifications D. Inform strategy and information outputs with mapping and graphical representations of collected data
E. Summarize findings to inform final report
EntryPoint, LLC City of San Rafael, California – Consulting Services Proposal Page | 3 High Level Outside Plant and Inside Plant Network Design A. Perform initial asset discovery to inform design
a. Obtain, review, and correct available data
b. Obtain, review, and approve public assets for use in design B. Coordinate design with Statewide middle mile
C. Develop, review, document, and approve a 50+ year network architecture capable of supporting public, private and internet services securely and reliably to be used for design D. Perform high level design for outside fiber optic plant to the addresses a. Review initial design outputs, provide corrections or improvements b. Approve initial design once desired level of design efficiency is achieved E. Coordinate rental property owner input to develop in structure or building designs and strategies a. Develop and document potential indoor architectures and designs b. Analyze Pros and Cons for proposed solutions
F. Document findings including high level cost estimates Document Findings and Outline Strategic Recommendations A. Provide technical review of design inputs
a. Summarize findings in layman’s terms
b. Create proforma financials for viable solutions that include:
i. Capital Costs
ii. Operational Costs
iii. Service Costs
iv. Municipal costs and responsibilities
v. Service provider costs and responsibilities
vi. Property owner costs and responsibilities
vii. Consumer costs and responsibilities
c. Develop, organize, and document strategic recommendations d. Provide technical details in an appendix
B. Document recommended infrastructure and network architecture and standards to assist with institutionalizing standards and planning in municipal processes a. Provide some immediate tactical suggestions
b. Suggest potential interdepartmental collaborations
c. Clearly document the various levels of ownership and investment required by the city to implement solutions
C. Present the final report and findings to City Leadership EntryPoint, LLC City of San Rafael, California – Consulting Services Proposal Page | 4

PROJECT TIMELINES AND COSTS
EntryPoint’s proposed consulting fees for the outlined activities are presented in the table below.

EntryPoint’s estimates assume that MERIT Networks will perform the data collection and inform the market analysis metrics as a subcontractor, and that outside plant design work will be performed by either RUCON Engineering and/or Biarri Networks as a subcontractor.

MERIT Network’s data collection and market analysis work is estimated as a not to exceed amount of $78,380.

Outside plant and interior network design services is estimated as a not to exceed amount of $32,460.

EntryPoint’s professional services costs are presented in the table below. The table separates specific task categories and the anticipated number of hours associated with each. EntryPoint’s Consulting Fees for these projects are based on a $200.00 per hour rate, with a project cap of $67,600.

Based on the estimated hours and EntryPoint’s current workload, this work will take approximately 8 - 10 months to complete.

Proposed Activities Marketing Design Finance Admin Total Data Collection and Market Analysis 14 2 4 10 30
Develop initial Scope of Work. 2
Develop, review, and approve surveys. 4
Coordinate collection and inform analysis. 4 2
Review and approve deliverables. 4 2 4 8
High Level Design 8 88 10 24 130
Coordinate design data collection. 4 2
Develop, review, and approve architecture and standards 16 2 Provide oversight for outside plant design iterations. 8 2 Perform landlord engagements to inform interior designs. 4 40 10 Develop, review, and approve interior design strategies. 4 20 10 8 Strategic Plan Document 72 36 40 30 178
Provide strategic analysis for recommended solutions. 12 12 12 4 Provide financial analysis for recommended solutions. 4 12 2 Provide high level messaging recommendations for solutions. 8 4 Provide recommended next steps including any immediate tactical recommendations.
4 4 4 8
Provide supporting technical data as an appendix. 8 8 8 4 Provide presentations to assist with community engagement and education.
40 8 4 8
TOTAL HOURS = 338
EntryPoint, LLC City of San Rafael, California – Consulting Services Proposal Page | 5 Total EntryPoint Hours = 338 @ $200 per hour = $67,600
Network Design Costs = 1300 Addresses, 2780 Living Units (OSP and in building) = $36,140 MERIT Network Data Collection Costs = 819 HHP / 2271 Living Units = $78,380 Total Cost = $182,120 (not to exceed total project cap)

PROJECT TEAM
EntryPoint’s Municipal Digital Access consulting services are led by Bruce Patterson. Below is a list of the primary team members that would work with San Rafael Leaders, city staff, and community leaders on this project.

Bruce Patterson – Project Lead, Network Planning, Network Implementation, Network Operations Jeff Christensen – Strategic Analysis, Risk Analysis, Business Model Analysis Devin Cox – Market Analysis, Community Outreach and Engagement Planning, Market Surveys Brad Banyai – Financial Analysis, Financial Proforma, Cost Structure, Cash Flow Analysis

PROJECT TEAM QUALIFICATIONS

Bruce Patterson – EntryPoint Networks, Head of Operations

Bruce Patterson is the Director of EntryPoint Solution Services. Mr. Patterson is the recognized thought leader behind the ‘Ammon Model’ which focuses on the separation of infrastructure from service both technically and economically, thereby allowing the infrastructure to be treated as a true public utility while enabling private competition for services. During his tenure at the City of Ammon, Bruce was responsible for the creation and management of the Ammon Fiber Network. He managed everything from strategy and implementation including legal, public process, financial, construction, and technical aspects. It is Bruce’s work that has led to the Ammon Fiber Network being identified as the “Best Fiber Optic Network in America” As Director of EntryPoint Solution Services, Mr. Patterson assists municipalities with network planning, feasibility analysis, network design, cost projections, construction oversight and network operations and management. Mr. Patterson believes that municipal fiber networks can and should be used for applications that go beyond “fast internet”.

Jeff Christensen – EntryPoint Networks, President – Strategic Analysis, Risk Analysis, Business Model Analysis Jeff Christensen is the President of EntryPoint Networks. Mr. Christensen has an M.S. in Management from Purdue University’s Krannert School of Management and a B.S. in Organizational Psychology from the University of Utah. Prior to Mr. Christensen’s tenure at EntryPoint he served as Chief Operating Officer at FutureVision Technologies and V.P. of Operations at Emdeon.

At EntryPoint, Mr. Christensen oversees ongoing research & development, manages strategic partnerships, oversees manufacturing collaboration, client relationships and deployments, business development, customer support, strategy development, and has been the Principal Investigator for a recently completed Department of Energy grant: Edge Intelligence for Virtualization and Security in Open Networks.

EntryPoint, LLC City of San Rafael, California – Consulting Services Proposal Page | 6 Devin Cox – EntryPoint Networks, EVP Business Development – Community Engagement & Market Research Devin Cox is the EVP of Business Development at EntryPoint Networks. Mr. Cox has a Bachelor of Science degree in Business Communications from the University of Utah. Prior to Mr. Cox’s tenure at EntryPoint he served as V.P. of Sales and Marketing at FutureVision Technologies and V.P. of Sales at Emdeon. At EntryPoint, Mr. Cox oversees sales, marketing, and client relations.

When deploying a municipal Digital Access network, proactive and effective community engagement is critical to both short-term and long-term success of the network. For this reason, Mr. Cox focuses a large part of his time working with clients on strategies and programs designed to drive network subscriber take-rates.

Brad Banyai – EntryPoint Networks, CFO – Network Financials and Funding Analysis Brad Banyai is the Chief Financial Officer for EntryPoint Networks and oversees accounting, accounts payable, accounts receivable, RMA processing, and cash management. Prior to Mr. Banyai’s tenure at EntryPoint he served as President of FutureVision Technologies and V.P. of Product Management at Emdeon. Mr. Banyai produces the Proforma Financials for each of the Digital Access Master Plans we produce for the municipalities we work with.

Julie Burkhart – EntryPoint Networks, Sr. Content Strategist & Writer Ms. Burkhart has for-profit, non-profit, and higher education experience. She is currently a Sr. Content Strategist & Writer for EntryPoint Networks.

Before joining EntryPoint, Ms. Burkhart was the National Association of Corporate Directors (NACD) Executive Director, Heartland Chapter. She collaborated with board members and advisors to produce world-class programs and peer-to-peer exchanges for local directors. She also oversaw all chapter administration, board relations, and sponsor engagement.

Prior to joining the NACD Heartland Chapter, Ms. Burkhart was the Director of Community Engagement at the University of Kansas. Her primary role was to facilitate linkages between KU resources, expertise, and capabilities with Kansas City area leaders to reduce workforce challenges, solve problems by utilizing community-based research and service, and grow entrepreneurship and economic development in the region and beyond.

Preceding KU, Ms. Burkhart spent 18 years at Sprint in program management, training, leadership development, knowledge management, and talent acquisition. She also served as Sprint's 2000-member Women’s Employee Resource Group president. Ms. Burkhart was Sprint’s 2013 Diversity Award recipient and was selected for its High Performing Manager Program in 2010.

Ms. Burkhart graduated from Kansas State University with a bachelor’s degree in family life and human development. She earned a master’s degree in business communication from Fort Hays State University.

EntryPoint, LLC City of San Rafael, California – Consulting Services Proposal Page | 7

ENTRYPOINT NETWORKS - COST PROPOSAL
EntryPoint’s proposed consulting fees for managing this process and preparing the work products as follows:

1. Data Collection: $78,380

2. Market Analysis: $33,800

3. High Level Design for Outside Plant and Interior Rental Units: $36,140

4. Strategic Plan Document and Presentations: $33,800
EntryPoint will invoice at net 30 terms upon the delivery and the city’s acceptance of each work product listed above.

PROJECT TIMELINE
EntryPoint’s projected timeline for delivering these work products is estimated as follows:

D. Data Collection and Market Analysis: Weeks 1 - 24
E. High Level Design for Outside Plant and Interior Rental Units: Weeks 5 - 21 F. Strategic Plan Document and Presentations: Weeks 22 - 32 EntryPoint will invoice at net 30 terms upon delivery and the city’s acceptance of each work product listed above.

ENTRYPOINT NETWORKS – PROPOSAL SIGNATORY
The preceding Proposal submitted to the City of San Rafael,CA is authorized by EntryPoint’s Managers. ___________________________
Bruce Patterson
Authorized Representative
Head of Operations
1949 West Printers Row
Salt Lake City, Utah 84119
208-360-1279
[email protected]
____________________________________________________________________________________

FOR CITY CLERK ONLY
Council Meeting: _______________________
Disposition: ___________________________
Agenda Item No: 4.c
Meeting Date: April 17, 2023

SAN RAFAEL CITY COUNCIL AGENDA REPORT
Department: Economic Development & Innovation
Prepared by: Micah Hinkle,
Economic Development Director
City Manager Approval: ______________
TOPIC: GRANT AWARD FROM THE STATE OF CALIFORNIA ARTS COMMISSION SUBJECT: RESOLUTION OF THE SAN RAFAEL CITY COUNCIL APPROVING THE

ACCEPTANCE AND APPROPRIATION OF GRANT FUNDING FROM THE STATE OF CALIFORNIA ARTS COMMISSION IN AN AMOUNT OF $671,429 FOR THE

DOWNTOWN SAN RAFAEL ARTS DISTRICT, AND AUTHORIZING THE CITY

MANAGER TO EXECUTE A GRANT AGREEMENT AND OTHER DOCUMENTS

RELATED TO THE GRANT
RECOMMENDATION:

Adopt a resolution approving the acceptance and appropriation of grant funding from the State of California Arts Commission in an amount of $671,429 for the Downtown San Rafael Arts District and authorizing the City Manager to execute a grant agreement and other documents related to the grant.

BACKGROUND:

On March 20, 2017, the City Council authorized City participation in a joint application with Art Works Downtown, San Rafael Downtown Business Improvement District (Downtown BID), Youth in Arts (YIA), and the California Film Institute (CFI) for designating Downtown San Rafael as a California Cultural District.

On July 13, 2017, the California Arts Commission (CAC) selected Downtown San Rafael Arts District (DSRAD) as one of fourteen State of California designated art districts. The program certification was valid for five years and was completed in August of 2022.

In January 2023, with State legislature funding support, the CAC voted to continue the California Cultural District Program and opened a $671,429 grant funding opportunity to each of the fourteen designated districts who successfully receive a five-year recertification. City staff from the Economic Development and Library & Recreation Departments have been working with DSRAD partners Art Works Downtown (AWD), Downtown BID, YIA, the CFI, and the Marin Society of Artists (MSA) for the recertification of the DSRAD as a California Cultural District and completion of a grant funding application.

SAN RAFAEL CITY COUNCIL AGENDA REPORT / Page: 2
On April 6, 2023, City staff received notification that the DSRAD has been recertified as a Cultural District and has been awarded $671,429 for cultural district support and enhancement.

ANALYSIS:

San Rafael’s selection as one of California’s premier state-designated arts and culture districts was done through a highly competitive process and is a recognition of the history and value of culture and arts to the San Rafael community. The DSRAD is located along the spine of Fourth Street in downtown San Rafael, which is a unique place to create and appreciate arts and culture. The DSRAD, along with multiple other arts and culture organizations and individuals in San Rafael, provide a wide variety of arts and culture programs, events, and activities that help San Rafael residents and visitors come together, make connections, amplify creative expressions, and get involved in the larger community.

The CAC recertification process and grant program re-energized the DSRAD core partners by providing funding resources for targeted district activities. Through ongoing collaboration and partnership, the core DSRAD partners of AWD, the Downtown BID, YIA, CFI, MSA, and the City of San Rafael worked together to submit a recertification application to the California Arts Council, and identified targeted deliverables over the next three years that the grant funds would be utilized for to support and enhance the DSRAD.

By accepting funds from the CAC, the DSRAD agrees to reporting requirements (including Interim and Final Reports), agrees to send a representative contingent to any CAC convenings, and will support the Downtown San Rafael Arts District with the following:
• Develop a DSRAD Strategic Plan
• Build DSRAD capacity and sustainability
• Raise DSRAD visibility
• Increase DSRAD supporter base
• Continue existing programs, events and activities delivered through DSRAD core partners • Grow programs, events and activities as capacities are built.

Given the grant size and organizational capacity, the City of San Rafael would be the fiscal sponsor and administer the grant and work with core partners for implementation.

FISCAL IMPACT:

The CAC grant of $671,429 is a three-year grant and does not require matching funds. The City will be the fiscal sponsor for this grant and will manage the grant administrative and reporting requirements and would take a 10% administration fee of $67,142 leaving the remaining funds available for DSRAD grant deliverables. A budget developed by the core partners and approved by CAC is attached as Attachment

2. Funds from this grant would be appropriated for use based on the proposed budget and held in the grant fund account 283.

OPTIONS:

The City Council has the following options to consider on this matter:

1. Adopt resolution as presented.

2. Adopt resolution with modifications.

3. Direct staff to return with more information.

4. Take no action.

RECOMMENDED ACTION:

SAN RAFAEL CITY COUNCIL AGENDA REPORT / Page: 3
Adopt resolution approving the acceptance and appropriation of grant funding from the State of California Arts Commission in an amount of $671,429 for the Downtown San Rafael Arts District, and authorizing the City Manager to execute a grant agreement and other documents related to the grant.

ATTACHMENTS:

1. Resolution authorizing the grant acceptance and execution of the grant agreement for the California Arts Commission Grant for the Downtown San Rafael Arts District.

2. Downtown San Rafael Art District - Draft Three Year CAC Grant Budget RESOLUTION NO.

RESOLUTION OF THE SAN RAFAEL CITY COUNCIL APPROVING THE

ACCEPTANCE AND APPROPRIATION OF GRANT FUNDING FROM THE STATE OF CALIFORNIA ARTS COMMISSION IN AN AMOUNT OF $671,429 FOR THE

DOWNTOWN SAN RAFAEL ARTS DISTRICT, AND AUTHORIZING THE CITY

MANAGER TO EXECUTE A GRANT AGREEMENT AND OTHER DOCUMENTS

RELATED TO THE GRANT
WHEREAS, on March 20, 2017, the City Council authorized City participation in a joint application with Art Works Downtown, San Rafael Downtown Business Improvement District, Youth in Arts, and the California Film Institute for designating Downtown San Rafael as a California Cultural District; and
WHEREAS, on July 13, 2017, Downtown San Rafael Arts District was selected as one of fourteen State of California designated art districts by the California Arts Commission (CAC) for a five-year certification; and
WHEREAS, in January 2023, the California Arts Commission voted to continue the California Cultural District Program and opened a $671,429 grant funding opportunity to each of the fourteen designated districts who successfully receive a five-year recertification; and
WHEREAS, on March 29, 2023, the City of San Rafael, Art Works Downtown, San Rafael Downtown Business Improvement District, Youth in Arts, California Film Institute, and Marin Society of Artists submitted a recertification application and grant application for the Downtown San Rafael Arts District as a California Cultural District; and WHEREAS, on April 6, 2023, the City of San Rafael received notification that the Downtown San Rafael Arts District has been recertified as a California Cultural District and has been awarded a three-year grant for $671,429 for cultural district support and enhancement; and
WHEREAS, the City of San Rafael has the legal authority and is authorized to enter into a funding agreement with the State of California.

NOW, THEREFORE BE IT RESOLVED, that the City Council hereby authorizes as follows:

1. The City of San Rafael City Manager, or designee is hereby authorized and directed to take such other actions necessary or appropriate to obtain grant funding with the California Arts Commission.

2. The City of San Rafael City Manager, or designee is hereby authorized and directed to execute the funding agreement with the California Arts Commission and any amendments thereto.

3. The grant funds are hereby appropriated in an amount of $671,429 for uses outlined in the grant application budget.

4. The City of San Rafael City Manager, or designee is hereby authorized and directed to submit any required documents, funding requests, and reports in connection with the grant funding.

I, LINDSAY LARA, Clerk of the City of San Rafael, hereby certify that the foregoing Resolution was duly and regularly introduced and adopted at a regular meeting of the City Council of the City of San Rafael, held on Monday, the 17 th day of April 2023, by the
following vote, to wit:

AYES: Councilmembers:

NOES: Councilmembers:

ABSENT: Councilmembers:

Lindsay Lara, City Clerk
AƩachment 2 – DSRAD Budget
____________________________________________________________________________________

FOR CITY CLERK ONLY
Council Meeting:

Disposition:

Agenda Item No: 4.d
Meeting Date: April 17, 2023

SAN RAFAEL CITY COUNCIL AGENDA REPORT
Department: Finance
Prepared by: Shawn Plate, Principal Accountant
Claire Coleman, Sr. Mgmt. Analyst
City Manager Approval: _________
TOPIC: CITY QUARTERLY INVESTMENT REPORT
SUBJECT: ACCEPTANCE OF CITY OF SAN RAFAEL QUARTERLY INVESTMENT REPORT FOR THE QUARTER ENDING MARCH 31, 2023
RECOMMENDATION: Accept investment report for the quarter ending March 31, 2023, as presented.

BACKGROUND: Pursuant to the State of California Government Code Section 53601 and the City’s investment policy, last approved by the City Council on June 21, 2022, staff provides the City Council with a quarterly report on the City's investment activities and liquidity. Included in the report are the cost of each investment, the interest rates (yield), maturity dates, and market value. Separate reports are prepared for the City and the Successor Agency to San Rafael Redevelopment Agency.

The City invests a portion of its pooled funds in the Local Agency Investment Fund (LAIF), a State-run investment pool. Beginning in March 2014, the City incorporated an investment strategy that added purchases of securities outside of LAIF with the assistance of an investment advisor.

ANALYSIS:

Economic Outlook:

Economic trends have been decelerating along with tighter financial conditions and restrictive monetary policy. Recent data suggests positive but below trend growth this year. Although the pace of job growth is moderating, labor markets remain solid, and the U.S. consumer has demonstrated resiliency. Market participants and the Federal Reserve are maintaining very divergent views regarding the future trajectory of monetary policy. Given the cumulative effects of tighter monetary policy and stress in the banking sector, the Federal Reserve is likely near a pause in their rate hiking campaign. If moderate growth continues, the Fed will likely maintain the Federal Funds rate in restrictive territory until inflationary pressures subside.

At the March meeting, the Federal Open Market Committee voted unanimously to raise the target federal funds rate by 0.25% to a range of 4.75 – 5.00%. Fed Chair Powell reiterated the committee’s focus on bringing down inflation to their 2% target; however, the committee softened language about "ongoing increases" in rates in the prior statement to "some additional policy firming may be appropriate". The SAN RAFAEL CITY COUNCIL AGENDA REPORT / Page: 2
statement also emphasized that the U.S. banking system is “sound and resilient” and acknowledged the tightening of financial conditions. The City’s investment advisor believes the FOMC is likely near a pause in their rate hiking cycle.

Portfolio Activity:

The City recently changed investment management providers and hired Chandler Asset Management, a registered investment advisor specializing in providing investment services to local governments in California. Since beginning in early 2023, Chandler has focused on increasing the City’s U.S. Treasury holdings to increase liquidity in the portfolio and introducing asset-backed securities to enhance diversification and return. Chandler has also focused on repositioning the portfolio duration closer to the City’s performance and risk measuring benchmark. All new purchases and existing holdings comply with California Government Code and the City’s investment policy. Staff will continue to work closely with the City’s new investment advisor, ensuring that funds continue to be invested prudently.

As of March 31, 2023, the primary LAIF account had a balance of $ 36,644,876. Portfolio returns on LAIF deposits were 2.87% for the quarter ending March 31, 2023. The remaining investment assets include the $1,075,200 balance of Pt. San Pedro Assessment District bonds, and $44,363,095 in government agency securities and corporate bonds (including Apple Inc., American Honda Finance, Toyota, Caterpillar, John Deere, Citibank, PNC Financial Services, US Bancorp, and 3M Company). The overall total portfolio returns for the quarter ending March 31, 2023, were 2.46%.

The City’s Westamerica general operating bank account had a balance of $20,026,510 at quarter end.

Exhibit A is composed of three parts: (1) Quarterly Investment Portfolio Report; (2) Historical Activity by Quarter summarizing the City’s investments; and (3) the three monthly investment reports from Chandler Asset Management for the quarter.

FISCAL IMPACT: No financial impact occurs by adopting the report. The City continues to meet the priority principles of investing - safety, liquidity, yield, and diversification. The portfolio remains conservatively invested and sufficient liquidity exists to meet daily operating and capital project requirements for the next six months. Operating funds, as defined for this report, exclude cash held with fiscal agents for the payment of bond principal and interest.

RECOMMENDATION: Accept investment report for the quarter ending March 31, 2023, as presented.

ATTACHMENTS:

Exhibit A:

1. Quarterly Investment Portfolio Report

2. Historical Activity by Quarter Report

3. Chandler Asset Management Statements, January through March 2023 SAN RAFAEL CITY COUNCIL AGENDA REPORT / Page: 3
I CERTIFY THAT ALL INVESTMENTS MADE ARE IN CONFORMANCE WITH THE CITY’S APPROVED INVESTMENT POLICY AND STATE INVESTMENT REGULATIONS. THE CITY HAS SUFFICIENT

LIQUIDITY TO MEET ALL OF THE OBLIGATIONS REQUIRED DURING THE NEXT SIX-MONTH PERIOD.

JIM SCHUTZ

CITY MANAGER
% Return
LAIF 36,644,876 $       100.0% 2.87%
Total Internally Managed 36,644,876 $       45.2%
Weighted Average Yield 2.87%
Days
Effective Average Duration ‐ Internal 1
Weighted Average Maturity ‐ Internal 1
% Return
Money Market Fund 2,967,302 $          6.7% 4.40%
Treasury Securities 17,159,389 $       38.7% 1.64%
Instrumentality Securities 10,748,119 $       24.2% 2.36% Corporate Notes 11,251,043 $       25.4% 1.46%
Asset‐Backed 1,862,018 $          4.2% 5.02%
Negotiable CD 375,224 $             0.8% 5.34%
Total Externally Managed 44,363,095 $       54.8%
Weighted Average Yield 2.13%
Years
Effective Average Duration ‐ External 1.46
Weighted Average Maturity ‐ External 1.30
Total Portfolio Assets % Return
LAIF 36,644,876 $       45.2% 2.87%
Money Market Fund 2,967,302 $          3.7% 4.40%
Treasury Securities 17,159,389 $       21.2% 1.64%
Instrumentality Securities 10,748,119 $       13.3% 2.36% Corporate Notes 11,251,043 $       13.9% 1.46%
Asset‐Backed 1,862,018 $          2.3% 5.02%
Negotiable CD 375,224 $             0.5% 5.34%
Total Portfolio Assets 81,007,971 $       100.0%
Weighted Average Yield 2.46%
Years
Effective Average Duration ‐ Total 0.80
Weighted Average Maturity ‐ Total 0.71
Based on Market Values
March 31, 2023
City of Rafael
Quarterly Investment Portfolio Report
Externally Managed Assets
Internally Managed Assets
LAIF, 100.0%
Money Market
Fund, 6.7%
Treasury
Securities,

38.7%
Instrumentality
Securities,

24.2%
Corporate
Notes, 25.4%
Asset‐Backed,

4.2%
LAIF
45%
Money Market
Fund
4%
Treasury
Securities
21%
Instrumentality
Securities
13%
Corporate Notes
14%
Asset‐Backed
2% Negotiable CD
1%
Exhibit A
Internally Managed Assets % Return % Return % Return % Return % Return % Return LAIF 36,644,876 $ 100.0% 2.87% 27,557,309 $ 99.4% 2.17% 33,407,538 $ 99.5% 1.51% 49,325,065 $ 99.7% 0.86% 37,295,675 $ 99.6% 0.37% 37,272,941 $ 99.6% 0.21%LAIF ‐ Housing $ ‐ 0.0% 0.00% 156,195 $ 0.6% 2.17% 155,665 $ 0.5% 1.51% 155,374 $ 0.3% 0.86% 155,252 $ 0.4% 0.37% 155,163 $ 0.4% 0.21% Total Internally Managed 36,644,876 $ 44.6% $ 27,713,504 38.2% $ 33,563,203 43.0% $ 49,480,439 52.5% $ 37,450,927 45.4% $ 37,428,104 45.0% Weighted Average Yield 2.87% 2.17% 1.51% 0.86% 0.37% 0.21% Externally Managed Assets % Return % Return % Return % Return % Return % Return Money Market Fund 2,967,302 $ 6.5% 4.40% 2,947,890 $ 6.6% 3.00% 94,380 $ 0.2% 1.00% 155,858 $ 0.3% 0.02% 34,607 $ 0.1% 0.02% 160,462 $ 0.4% 0.02%Treasury Securities 17,159,389 $ 37.8% 1.64% 18,206,234 $ 40.6% 1.17% 19,352,963 $ 43.5% 1.20% 19,307,642 $ 43.0% 0.70% 19,322,375 $ 42.9% 0.54% 17,936,293 $ 39.2% 0.51%Instrumentality Securities 10,748,119 $ 23.7% 2.36% 9,984,055 $ 22.3% 1.27% 10,891,851 $ 24.5% 0.95% 11,004,000 $ 24.5% 0.96% 11,081,069 $ 24.6% 0.95% 12,774,395 $ 27.9% 1.09% Corporate Notes 11,251,043 $ 24.8% 1.46% 12,590,810 $ 28.1% 0.92% 13,054,253 $ 29.4% 0.90% 13,224,805 $ 29.5% 0.90% 13,449,548 $ 29.9% 0.69% 13,782,838 $ 30.1% 0.65% Asset Backed 1,862,018 $ 4.1% 5.02% $ ‐ 0.0% 0.00% $ ‐ 0.0% 0.00% $ ‐ 0.0% 0.00% $ ‐ 0.0% 0.00% $ ‐ 0.0% 0.00% Negotiable CD 375,224 $ 0.8% 5.34% $ ‐ 0.0% 0.00% $ ‐ 0.0% 0.00% $ ‐ 0.0% 0.00% $ ‐ 0.0% 0.00% $ ‐ 0.0% 0.00% Municipal/Assessment District 1,075,200 $ 2.4% 5.25% 1,075,200 $ 2.4% 5.25% 1,075,200 $ 2.4% 5.25% 1,159,300 $ 2.6% 5.25% 1,159,300 $ 2.6% 5.25% 1,159,300 $ 2.5% 5.25% Total Externally Managed 45,438,295 $ 55.4% $ 44,804,189 61.8% $ 44,468,648 57.0% $ 44,851,605 47.5% $ 45,046,900 54.6% $ 45,813,288 55.0% Weighted Average Yield 2.16% 1.34% 1.15% 0.94% 0.81% 0.83% Years Years Years Years Years Years
Effective Average Duration ‐ External 1.56 1.12 1.56 1.45 1.56 1.68 Weighted Average Maturity ‐ External 1.72 1.35 1.72 1.60 1.72 1.87 Total Portfolio Assets % Return % Return % Return % Return % Return % Return LAIF 36,644,876 $ 44.6% 2.87% 27,713,504 $ 38.2% 2.17% 33,563,203 $ 43.0% 1.51% 49,480,439 $ 52.5% 0.86% 37,450,927 $ 45.4% 0.37% 37,428,104 $ 45.0% 0.21%Cash 2,967,302 $ 3.6% 4.40% 2,947,890 $ 4.1% 3.00% 94,380 $ 0.1% 1.00% 155,858 $ 0.2% 0.02% 34,607 $ 0.0% 0.02% 160,462 $ 0.2% 0.02%Treasury Securities 17,159,389 $ 20.9% 1.64% 18,206,234 $ 25.1% 1.17% 19,352,963 $ 24.8% 1.20% 19,307,642 $ 20.5% 0.70% 19,322,375 $ 23.4% 0.54% 17,936,293 $ 21.5% 0.51%Instrumentality Securities 10,748,119 $ 13.1% 2.36% 9,984,055 $ 13.8% 1.27% 10,891,851 $ 14.0% 0.95% 11,004,000 $ 11.7% 0.96% 11,081,069 $ 13.4% 0.95% 12,774,395 $ 15.3% 1.09% Corporate Notes 11,251,043 $ 13.7% 1.46% 12,590,810 $ 17.4% 0.92% 13,054,253 $ 16.7% 0.90% 13,224,805 $ 14.0% 0.90% 13,449,548 $ 16.3% 0.69% 13,782,838 $ 16.6% 0.65% Asset Backed 1,862,018 $ 2.3% 5.02% $ ‐ 0.0% 0.00% $ ‐ 0.0% 0.00% $ ‐ 0.0% 0.00% $ ‐ 0.0% 0.00% $ ‐ 0.0% 0.00% Negotiable CD 375,224 $ 0.5% 5.34% $ ‐ 0.0% 0.00% $ ‐ 0.0% 0.00% $ ‐ 0.0% 0.00% $ ‐ 0.0% 0.00% $ ‐ 0.0% 0.00% Municipal/Assessment District 1,075,200 $ 1.3% 5.25% 1,075,200 $ 1.5% 5.25% 1,075,200 $ 1.4% 5.25% 1,159,300 $ 1.2% 5.25% 1,159,300 $ 1.4% 5.25% 1,159,300 $ 1.4% 5.25% Total Portfolio Assets 82,083,171 $ $ 72,517,693 $ 78,031,850 $ 94,332,045 $ 82,497,826 $ 83,241,391 Weighted Average Yield 2.47% 1.66% 1.30% 0.90% 0.61% 0.55% Years Years Years Years Years Years
Effective Average Duration ‐ Total 0.80 0.69 0.79 0.69 0.85 0.93 Weighted Average Maturity ‐ Total 0.71 0.84 0.87 0.76 0.94 1.03 Performance Recap
‐The weighted average quarterly portfolio yield increased from 1.66% to 2.47% during the past quarter. Yields are rising as the Federal Reserve increases interest rates to combat inflation. ‐The effective average duration increased, from 0..69 to 0.80 years since last quarter, this is a result of the rebalancing of the externally managed portfolio after engaging a new asset manager. ‐The total portfolio assets increased by approximately $9.5 million during the quarter. This is reflective of transfers of December property tax receipts to LAIF for investment.

March 31, 2023 September 30, 2022
City of San Rafael
Historical Activity‐By Quarter
December 31, 2022 June 30, 2022 March 31, 2022 December 31, 2021 W:\Accounting and Budgeting\Finance\Bank Reconciliations\Statements\22‐23\09 ‐ March 23\Chandler‐Quarterly Report combined 03‐31‐23

MONTHLY ACCOUNT STATEMENT
City of San Rafael - Account #11045
JANUARY 1, 2023 THROUGH JANUARY 31, 2023
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures.

CHANDLER ASSET MANAGEMENT
chandlerasset.com
Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian
US Bank
Alexander Bazan
(503) 402-5305

ACCOUNT SUMMARY
Beg. Values
as of 12/31/22
End Values
as of 1/31/23
Market Value 43,962,169
Accrued Interest 0 207,512
Total Market Value 44,169,681
Income Earned 182,536
Cont/WD -250
Par 45,230,711
Book Value 45,624,364
Cost Value 45,674,635

TOP ISSUERS
Government of United States 39.3%
First American Treasury MMF Cla 9.1%
Federal Home Loan Bank 7.9%
Federal National Mortgage Assoc 7.8%
Federal Farm Credit Bank 4.3%
Federal Home Loan Mortgage Corp 2.8%
Toyota Motor Corp 2.6%
JP Morgan Chase & Co 2.4%
Total 76.2%

PORTFOLIO CHARACTERISTICS
Average Modified Duration 1.02
Average Coupon 1.83%
Average Purchase YTM -0.17%
Average Market YTM 4.55%
Average S&P/Moody Rating AA/Aa1
Average Final Maturity 1.08 yrs
Average Life 1.06 yrs

SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (S&P) Portfolio Summary
As of January 31, 2023
City of San Rafael
Account #11045

PERFORMANCE REVIEW
Annualized
TOTAL RATE OF RETURN 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS 1/1/1900 City of San Rafael N/A N/A N/A N/A N/A N/A N/A N/A N/A
ICE BofA 1-3 Yr US Treasury & Agency Index 0.69% 1.53% 0.69% -2.35% -1.79% -0.36% 0.97% 0.74% N/A Chandler Asset Management - CONFIDENTIAL Page 1 Execution Time: 2/2/2023 2:45:10 AM Holdings Report
As of January 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
AGENCY
3130AJ7E3 FHLB Note

1.375% Due 2/17/2023
1,200,000.00 01/12/2023
-0.08%
1,201,698.09
1,200,754.71

99.84 4.94%
1,198,086.00
7,516.67

2.73%
(2,668.71)
Aaa / AA+
NR

0.05 0.04
3137EAEQ8 FHLMC Note

0.375% Due 4/20/2023
1,250,000.00 01/12/2023

0.90%
1,248,223.75
1,248,586.25

99.04 4.79%
1,238,010.00
1,315.10

2.81%
(10,576.25)
Aaa / AA+
AAA

0.22 0.22
3135G0U43 FNMA Note

2.875% Due 9/12/2023
1,000,000.00 01/12/2023
-4.08%
1,047,553.22
1,043,639.37

98.79 4.89%
987,909.00
11,100.69

2.26%
(55,730.37)
Aaa / AA+
AAA

0.61 0.59
3135G0V34 FNMA Note

2.5% Due 2/5/2024
600,000.00 01/12/2023
-0.81%
621,262.80
620,169.60

97.72 4.83%
586,342.20
7,333.33

1.34%
(33,827.40)
Aaa / AA+
AAA

1.01 0.97
3133EMWV0 FFCB Note

0.35% Due 4/22/2024
1,000,000.00 01/12/2023

0.35%
1,000,000.00
1,000,000.00

95.14 4.47%
951,448.00
962.50

2.16%
(48,552.00)
Aaa / AA+
AAA

1.22 1.20
3130AMQQ8 FHLB Callable Note Qtrly 12/23/2021

0.35% Due 4/23/2024
1,000,000.00 01/12/2023

0.35%
1,000,000.00
1,000,000.00

94.80 4.75%
948,027.00
369.44

2.15%
(51,973.00)
Aaa / AA+
NR

1.23 1.20
3136G46B4 FNMA Callable Note Qtrly 01/26/2024

0.35% Due 4/26/2024
1,200,000.00 01/12/2023

0.37%
1,199,700.00
1,199,712.77

94.77 4.75%
1,137,272.40
1,108.33

2.58%
(62,440.37)
Aaa / AA+
AAA

1.24 1.20
3133EMYR7 FFCB Callable Note Cont 5/6/2022

0.375% Due 5/6/2024
1,000,000.00 01/12/2023

0.38%
1,000,000.00
1,000,000.00

94.67 4.77%
946,743.00
885.42

2.15%
(53,257.00)
Aaa / AA+
AAA

1.26 1.23
3135G0V75 FNMA Note

1.75% Due 7/2/2024
750,000.00 01/12/2023

1.44%
753,426.75
753,299.12

96.27 4.49%
722,028.00
1,057.29

1.64%
(31,271.12)
Aaa / AA+
AAA

1.42 1.38
3130ATHT7 FHLB Note

4.375% Due 9/12/2025
1,300,000.00 01/12/2023

4.28%
1,303,159.00
1,303,094.13
100.80

4.05%
1,310,457.20
19,432.29

3.01%
7,363.07
Aaa / AA+
NR

2.62 2.41
Total Agency 10,300,000.00 0.43%
10,375,023.61
10,369,255.95 4.66%
10,026,322.80
51,081.06

22.82%
(342,933.15)
Aaa / AA+
AAA

1.09 1.04

CORPORATE
931142DH3 Wal-Mart Stores Callable Note Cont
1/11/2023

2.55% Due 4/11/2023
500,000.00 01/12/2023
-4.74%
509,155.00
507,097.70

99.62 4.51%
498,078.50
3,895.83

1.14%
(9,019.20)
Aa2 / AA
AA

0.19 0.19
037833AK6 Apple Inc Note

2.4% Due 5/3/2023
500,000.00 01/12/2023
-2.03%
506,880.00
505,640.36

99.44 4.60%
497,190.50
2,933.33

1.13%
(8,449.86)
Aaa / AA+
NR

0.25 0.25
02665WDH1 American Honda Finance Note

1.95% Due 5/10/2023
1,000,000.00 01/12/2023
-7.41%
1,031,510.00
1,026,169.32

99.14 5.08%
991,444.00
4,387.50

2.25%
(34,725.32)
A3 / AA0.27

0.27 742718EB1 Procter & Gamble Co Note

3.1% Due 8/15/2023
500,000.00 01/12/2023
-3.66%
520,430.00
518,529.53

99.51 4.02%
497,555.50
7,147.22

1.14%
(20,974.03)
Aa3 / AANR0.54

0.52 Chandler Asset Management - CONFIDENTIAL Page 2 Execution Time: 2/2/2023 2:45:10 AM Holdings Report
As of January 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

CORPORATE
89236THA6 Toyota Motor Credit Corp Note

1.35% Due 8/25/2023
700,000.00 01/12/2023
-2.06%
714,959.00
713,629.31

98.04 4.90%
686,273.70
4,095.00

1.56%
(27,355.61)
A1 / A+
A+

0.56 0.55
14912L5X5 Caterpillar Finance Serv Corp Note

3.75% Due 11/24/2023
1,000,000.00 01/12/2023
-5.82%
1,086,390.00
1,080,922.28

99.11 4.87%
991,094.00
6,979.17

2.26%
(89,828.28)
A2 / A
A

0.81 0.79
89236THU2 Toyota Motor Credit Corp Note

0.45% Due 1/11/2024
480,000.00 01/12/2023

0.59%
479,342.40
479,378.53

95.99 4.84%
460,756.80
120.00

1.04%
(18,621.73)
A1 / A+
A+

0.95 0.92
24422EVN6 John Deere Capital Corp Note

0.45% Due 1/17/2024
1,000,000.00 01/12/2023

0.33%
1,001,230.00
1,001,163.51

95.92 4.85%
959,150.00
175.00

2.17%
(42,013.51)
A2 / A
A

0.96 0.94
17325FAS7 Citibank Callable Note Cont 12/23/2023

3.65% Due 1/23/2024
500,000.00 01/12/2023
-4.14%
541,470.00
539,264.15

98.94 4.77%
494,712.00
405.56

1.12%
(44,552.15)
Aa3 / A+
A+

0.98 0.95
693475AV7 PNC Financial Services Callable Note
Cont 12/23/2023

3.5% Due 1/23/2024
900,000.00 01/12/2023
-2.62%
957,939.00
954,857.14

98.59 4.99%
887,311.80
700.00

2.01%
(67,545.34)
A3 / AA0.98

0.95 91159HHV5 US Bancorp Callable Note Cont
1/5/2024

3.375% Due 2/5/2024
1,000,000.00 01/12/2023
-3.84%
1,079,130.00
1,075,061.62

98.52 4.89%
985,230.00
16,500.00

2.27%
(89,831.62)
A2 / A+
A+

1.01 0.96
459200HU8 IBM Corp Note

3.625% Due 2/12/2024
1,000,000.00 01/12/2023
-4.13%
1,086,900.00
1,082,511.11

98.66 4.97%
986,624.00
17,017.36

2.27%
(95,887.11)
A3 / ANR1.03

0.98 88579YBB6 3M Co. Callable Note Cont 1/14/2024

3.25% Due 2/14/2024
500,000.00 01/12/2023
-4.19%
541,935.00
539,827.71

98.33 4.92%
491,639.50
7,538.19

1.13%
(48,188.21)
A1 / A+
NR

1.04 0.99
713448CM8 Pepsico Inc. Callable Note Cont
12/01/2023

3.6% Due 3/1/2024
500,000.00 01/12/2023
-2.84%
537,465.00
535,655.10

99.11 4.45%
495,545.00
7,500.00

1.14%
(40,110.10)
A1 / A+
NR

1.08 1.03
06051GHF9 Bank of America Corp Callable Note 1X
3/5/2023

3.55% Due 3/5/2024
500,000.00 01/12/2023
-0.65%
535,525.00
533,825.24

99.84 5.03%
499,224.00
7,198.61

1.15%
(34,601.24)
A2 / AAA1.09

0.09 46647PAP1 JP Morgan Chase & Co Callable Note 1X
4/23/2023

3.559% Due 4/23/2024
500,000.00 01/12/2023
-0.71%
534,240.00
532,773.62

99.63 4.93%
498,152.00
4,844.19

1.14%
(34,621.62)
A1 / AAA1.23

1.11 717081DM2 Pfizer Inc. Note

3.4% Due 5/15/2024
500,000.00 01/12/2023
-2.03%
537,160.00
535,640.16

98.56 4.56%
492,787.50
3,588.89

1.12%
(42,852.66)
A1 / A+
A

1.29 1.24
166764BW9 Chevron Corp Callable Note Cont
4/11/2025

1.554% Due 5/11/2025
700,000.00 01/12/2023

3.66%
667,380.00
668,147.53

94.12 4.29%
658,872.90
2,417.33

1.50%
(9,274.63)
Aa2 / AANR2.28

2.19 Chandler Asset Management - CONFIDENTIAL Page 3 Execution Time: 2/2/2023 2:45:10 AM Holdings Report
As of January 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

CORPORATE
46647PBH8 JP Morgan Chase & Co Callable Note
Mthly 3/13/2025

2.005% Due 3/13/2026
600,000.00 01/12/2023

4.49%
577,518.00
577,906.96

94.07 4.98%
564,430.80
4,611.50

1.29%
(13,476.16)
A1 / AAA3.12

2.02 Total Corporate 12,880,000.00 -2.53%
13,446,558.40
13,408,000.88 4.80%
12,636,072.50
102,054.68

28.84%
(771,928.38)
A1 / A
A+

1.01 0.89

MONEY MARKET FUND
31846V807 First American Treasury MMF Class Y 4,000,710.52 Various

3.93%
4,000,710.52
4,000,710.52

1.00 3.93%
4,000,710.52

0.00 9.06%

0.00 Aaa / AA+
AAA

0.00 0.00
Total Money Market Fund 4,000,710.52 3.93%
4,000,710.52
4,000,710.52 3.93%
4,000,710.52

0.00 9.06%

0.00 Aaa / AA+
AAA

0.00 0.00

US TREASURY
912828Z86 US Treasury Note

1.375% Due 2/15/2023
1,250,000.00 01/12/2023
-10.50%
1,263,920.20
1,255,731.85

99.88 4.34%
1,248,478.75
7,939.88

2.84%
(7,253.10)
Aaa / AA+
AAA

0.04 0.04
912828ZD5 US Treasury Note

0.5% Due 3/15/2023
1,000,000.00 01/12/2023

0.31%
1,000,315.85
1,000,213.96

99.53 4.51%
995,254.00
1,919.89

2.26%
(4,959.96)
Aaa / AA+
AAA

0.12 0.12
91282CCK5 US Treasury Note

0.125% Due 6/30/2023
800,000.00 01/12/2023

2.06%
792,846.43
793,693.01

98.13 4.74%
785,000.00

88.40 1.78%
(8,693.01)
Aaa / AA+
AAA

0.41 0.41
91282CCN9 US Treasury Note

0.125% Due 7/31/2023
1,000,000.00 01/12/2023

1.99%
989,808.04
990,827.24

97.73 4.76%
977,344.00

3.45 2.21%
(13,483.24)
Aaa / AA+
AAA

0.50 0.49
9128282D1 US Treasury Note

1.375% Due 8/31/2023
1,250,000.00 01/12/2023
-0.65%
1,265,970.98
1,264,588.21

98.09 4.76%
1,226,172.50
7,311.81

2.79%
(38,415.71)
Aaa / AA+
AAA

0.58 0.56
91282CAW1 US Treasury Note

0.25% Due 11/15/2023
1,000,000.00 01/12/2023

0.24%
1,000,120.54
1,000,112.69

96.49 4.85%
964,883.00
538.67

2.19%
(35,229.69)
Aaa / AA+
AAA

0.79 0.77
912828U57 US Treasury Note

2.125% Due 11/30/2023
650,000.00 01/12/2023

0.11%
661,529.52
660,813.40

97.84 4.81%
635,958.70
2,390.63

1.45%
(24,854.70)
Aaa / AA+
AAA

0.83 0.81
91282CBA8 US Treasury Note

0.125% Due 12/15/2023
1,200,000.00 01/12/2023

0.62%
1,194,566.52
1,194,888.98

96.07 4.78%
1,152,890.40
197.80

2.61%
(41,998.58)
Aaa / AA+
AAA

0.87 0.85
Chandler Asset Management - CONFIDENTIAL Page 4 Execution Time: 2/2/2023 2:45:10 AM Holdings Report
As of January 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

US TREASURY
91282CBV2 US Treasury Note

0.375% Due 4/15/2024
1,000,000.00 01/12/2023

0.28%
1,001,175.22
1,001,124.01

95.04 4.66%
950,430.00
1,122.94

2.15%
(50,694.01)
Aaa / AA+
AAA

1.21 1.17
91282CCC3 US Treasury Note

0.25% Due 5/15/2024
1,000,000.00 01/12/2023

0.48%
996,878.35
997,006.02

94.57 4.64%
945,742.00
538.67

2.14%
(51,264.02)
Aaa / AA+
AAA

1.29 1.26
912828D56 US Treasury Note

2.375% Due 8/15/2024
1,000,000.00 01/12/2023
-0.01%
1,038,011.16
1,036,702.69

96.90 4.48%
968,984.00
10,971.47

2.22%
(67,718.69)
Aaa / AA+
AAA

1.54 1.47
9128282Y5 US Treasury Note

2.125% Due 9/30/2024
1,000,000.00 01/12/2023
-0.87%
1,051,800.23
1,050,147.91

96.42 4.38%
964,219.00
7,239.01

2.20%
(85,928.91)
Aaa / AA+
AAA

1.67 1.60
912828YM6 US Treasury Note

1.5% Due 10/31/2024
1,000,000.00 01/12/2023

0.66%
1,014,925.23
1,014,471.58

95.26 4.35%
952,578.00
3,853.59

2.17%
(61,893.58)
Aaa / AA+
AAA

1.75 1.69
912828YV6 US Treasury Note

1.5% Due 11/30/2024
700,000.00 01/12/2023
-0.23%
722,889.06
722,223.68

95.14 4.29%
665,984.20
1,817.31

1.51%
(56,239.48)
Aaa / AA+
AAA

1.83 1.77
91282CAJ0 US Treasury Note

0.25% Due 8/31/2025
1,200,000.00 01/12/2023

3.74%
1,095,937.50
1,098,100.96

90.96 3.97%
1,091,530.80
1,276.24

2.47%
(6,570.16)
Aaa / AA+
AAA

2.58 2.52
91282CAM3 US Treasury Note

0.25% Due 9/30/2025
500,000.00 01/12/2023

3.65%
456,445.31
457,323.43

90.86 3.90%
454,297.00
425.82

1.03%
(3,026.43)
Aaa / AA+
AAA

2.67 2.60
9128285N6 US Treasury Note

2.875% Due 11/30/2025
500,000.00 01/12/2023

3.15%
496,212.61
496,284.55

97.23 3.92%
486,172.00
2,487.98

1.11%
(10,112.55)
Aaa / AA+
AAA

2.83 2.67
91282CBQ3 US Treasury Note

0.5% Due 2/28/2026
500,000.00 01/12/2023

3.50%
455,839.84
456,612.55

90.36 3.85%
451,777.50
1,063.54

1.03%
(4,835.05)
Aaa / AA+
AAA

3.08 2.99
91282CBW0 US Treasury Note

0.75% Due 4/30/2026
500,000.00 01/12/2023

4.47%
443,595.43
444,532.38

90.70 3.82%
453,496.00
963.40

1.03%
8,963.62
Aaa / AA+
AAA

3.25 3.14
9128286X3 US Treasury Note

2.125% Due 5/31/2026
500,000.00 01/12/2023

4.31%
465,958.71
466,509.99

94.82 3.79%
474,121.00
1,838.94

1.08%
7,611.01
Aaa / AA+
AAA

3.33 3.16
91282CCJ8 US Treasury Note

0.875% Due 6/30/2026
500,000.00 01/12/2023

4.42%
443,595.43
444,487.20

90.75 3.79%
453,750.00
386.74

1.03%
9,262.80
Aaa / AA+
AAA

3.41 3.30
Total US Treasury 18,050,000.00 0.35%
17,852,342.16
17,846,396.29 4.44%
17,299,062.85
54,376.18

39.29%
(547,333.44)
Aaa / AA+
AAA

1.37 1.33
TOTAL PORTFOLIO 45,230,710.52 -0.17%
45,674,634.69
45,624,363.64 4.55%
43,962,168.67
207,511.92
100.00%
(1,662,194.97)
Aa1 / AA
AAA

1.08 1.02
TOTAL MARKET VALUE PLUS ACCRUED 44,169,680.59
Chandler Asset Management - CONFIDENTIAL Page 5 Execution Time: 2/2/2023 2:45:10 AM Transaction Ledger
As of January 31, 2023
City of San Rafael
Account #11045
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 01/15/2023 31846V807 7,500.00 First American Treasury MMF Class Y 1.000 3.88% 7,500.00 0.00 7,500.00 0.00 Purchase 01/15/2023 31846V807 1,000,000.00 First American Treasury MMF Class Y 1.000 3.88% 1,000,000.00 0.00 1,000,000.00 0.00 Purchase 01/17/2023 31846V807 2,250.00 First American Treasury MMF Class Y 1.000 3.88% 2,250.00 0.00 2,250.00 0.00 Purchase 01/23/2023 31846V807 24,875.00 First American Treasury MMF Class Y 1.000 3.88% 24,875.00 0.00 24,875.00 0.00 Purchase 01/31/2023 31846V807 625.00 First American Treasury MMF Class Y 1.000 3.93% 625.00 0.00 625.00 0.00 Subtotal 1,035,250.00 1,035,250.00 0.00 1,035,250.00 0.00 Security
Contribution
01/12/2023 02665WDH1 1,000,000.00 American Honda Finance Note

1.95% Due 5/10/2023
103.151 1,031,510.00 0.00 1,031,510.00 0.00
Security
Contribution
01/12/2023 037833AK6 500,000.00 Apple Inc Note

2.4% Due 5/3/2023
101.376 506,880.00 0.00 506,880.00 0.00
Security
Contribution
01/12/2023 06051GHF9 500,000.00 Bank of America Corp Callable Note 1X 3/5/2023

3.55% Due 3/5/2024
107.105 535,525.00 0.00 535,525.00 0.00
Security
Contribution
01/12/2023 14912L5X5 1,000,000.00 Caterpillar Finance Serv Corp Note

3.75% Due 11/24/2023
108.639 1,086,390.00 0.00 1,086,390.00 0.00
Security
Contribution
01/12/2023 166764BW9 700,000.00 Chevron Corp Callable Note Cont 4/11/2025

1.554% Due 5/11/2025

95.340 667,380.00 0.00 667,380.00 0.00
Security
Contribution
01/12/2023 17325FAS7 500,000.00 Citibank Callable Note Cont 12/23/2023

3.65% Due 1/23/2024
108.294 541,470.00 0.00 541,470.00 0.00
Security
Contribution
01/12/2023 24422EVN6 1,000,000.00 John Deere Capital Corp Note

0.45% Due 1/17/2024
100.123 1,001,230.00 0.00 1,001,230.00 0.00
Security
Contribution
01/12/2023 3130AJ7E3 1,200,000.00 FHLB Note

1.375% Due 2/17/2023
100.142 1,201,698.09 0.00 1,201,698.09 0.00
Security
Contribution
01/12/2023 3130AMQQ8 1,000,000.00 FHLB Callable Note Qtrly 12/23/2021

0.35% Due 4/23/2024
100.000 1,000,000.00 0.00 1,000,000.00 0.00
Security
Contribution
01/12/2023 3130ATHT7 1,300,000.00 FHLB Note

4.375% Due 9/12/2025
100.243 1,303,159.00 0.00 1,303,159.00 0.00
Security
Contribution
01/12/2023 3133EMWV0 1,000,000.00 FFCB Note

0.35% Due 4/22/2024
100.000 1,000,000.00 0.00 1,000,000.00 0.00
Chandler Asset Management - CONFIDENTIAL Page 6 Execution Time: 2/2/2023 2:45:10 AM Transaction Ledger
As of January 31, 2023
City of San Rafael
Account #11045
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss

ACQUISITIONS
Security
Contribution
01/12/2023 3133EMYR7 1,000,000.00 FFCB Callable Note Cont 5/6/2022

0.375% Due 5/6/2024
100.000 1,000,000.00 0.00 1,000,000.00 0.00
Security
Contribution
01/12/2023 3135G0U43 1,000,000.00 FNMA Note

2.875% Due 9/12/2023
104.755 1,047,553.22 0.00 1,047,553.22 0.00
Security
Contribution
01/12/2023 3135G0V34 600,000.00 FNMA Note

2.5% Due 2/5/2024
103.544 621,262.80 0.00 621,262.80 0.00
Security
Contribution
01/12/2023 3135G0V75 750,000.00 FNMA Note

1.75% Due 7/2/2024
100.457 753,426.75 0.00 753,426.75 0.00
Security
Contribution
01/12/2023 3136G46B4 1,200,000.00 FNMA Callable Note Qtrly 01/26/2024

0.35% Due 4/26/2024

99.975 1,199,700.00 0.00 1,199,700.00 0.00
Security
Contribution
01/12/2023 3137EAEQ8 1,250,000.00 FHLMC Note

0.375% Due 4/20/2023

99.858 1,248,223.75 0.00 1,248,223.75 0.00
Security
Contribution
01/12/2023 31846V807 2,965,710.52 First American Treasury MMF Class Y 1.000 2,965,710.52 0.00 2,965,710.52 0.00 Security
Contribution
01/12/2023 459200HU8 1,000,000.00 IBM Corp Note

3.625% Due 2/12/2024
108.690 1,086,900.00 0.00 1,086,900.00 0.00
Security
Contribution
01/12/2023 46647PAP1 500,000.00 JP Morgan Chase & Co Callable Note 1X 4/23/2023

3.559% Due 4/23/2024
106.848 534,240.00 0.00 534,240.00 0.00
Security
Contribution
01/12/2023 46647PBH8 600,000.00 JP Morgan Chase & Co Callable Note Mthly 3/13/2025

2.005% Due 3/13/2026

96.253 577,518.00 0.00 577,518.00 0.00
Security
Contribution
01/12/2023 693475AV7 900,000.00 PNC Financial Services Callable Note Cont 12/23/2023

3.5% Due 1/23/2024
106.438 956,367.00 0.00 956,367.00 0.00
Security
Contribution
01/12/2023 713448CM8 500,000.00 Pepsico Inc. Callable Note Cont 12/01/2023

3.6% Due 3/1/2024
107.493 537,465.00 0.00 537,465.00 0.00
Security
Contribution
01/12/2023 717081DM2 500,000.00 Pfizer Inc. Note

3.4% Due 5/15/2024
107.432 537,160.00 0.00 537,160.00 0.00
Security
Contribution
01/12/2023 742718EB1 500,000.00 Procter & Gamble Co Note

3.1% Due 8/15/2023
104.086 520,430.00 0.00 520,430.00 0.00
Chandler Asset Management - CONFIDENTIAL Page 7 Execution Time: 2/2/2023 2:45:10 AM Transaction Ledger
As of January 31, 2023
City of San Rafael
Account #11045
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss

ACQUISITIONS
Security
Contribution
01/12/2023 88579YBB6 500,000.00 3M Co. Callable Note Cont 1/14/2024

3.25% Due 2/14/2024
108.387 541,935.00 0.00 541,935.00 0.00
Security
Contribution
01/12/2023 89236THA6 700,000.00 Toyota Motor Credit Corp Note

1.35% Due 8/25/2023
102.137 714,959.00 0.00 714,959.00 0.00
Security
Contribution
01/12/2023 89236THU2 480,000.00 Toyota Motor Credit Corp Note

0.45% Due 1/11/2024

99.863 479,342.40 0.00 479,342.40 0.00
Security
Contribution
01/12/2023 91159HHV5 1,000,000.00 US Bancorp Callable Note Cont 1/5/2024

3.375% Due 2/5/2024
107.913 1,079,130.00 0.00 1,079,130.00 0.00
Security
Contribution
01/12/2023 9128282D1 1,250,000.00 US Treasury Note

1.375% Due 8/31/2023
101.278 1,265,970.98 0.00 1,265,970.98 0.00
Security
Contribution
01/12/2023 9128282Y5 1,000,000.00 US Treasury Note

2.125% Due 9/30/2024
105.180 1,051,800.23 0.00 1,051,800.23 0.00
Security
Contribution
01/12/2023 9128285N6 500,000.00 US Treasury Note

2.875% Due 11/30/2025

99.243 496,212.61 0.00 496,212.61 0.00
Security
Contribution
01/12/2023 9128286X3 500,000.00 US Treasury Note

2.125% Due 5/31/2026

93.192 465,958.71 0.00 465,958.71 0.00
Security
Contribution
01/12/2023 912828D56 1,000,000.00 US Treasury Note

2.375% Due 8/15/2024
103.801 1,038,011.16 0.00 1,038,011.16 0.00
Security
Contribution
01/12/2023 912828U57 650,000.00 US Treasury Note

2.125% Due 11/30/2023
101.774 661,529.52 0.00 661,529.52 0.00
Security
Contribution
01/12/2023 912828YM6 1,000,000.00 US Treasury Note

1.5% Due 10/31/2024
101.493 1,014,925.23 0.00 1,014,925.23 0.00
Security
Contribution
01/12/2023 912828YV6 700,000.00 US Treasury Note

1.5% Due 11/30/2024
103.270 722,889.06 0.00 722,889.06 0.00
Security
Contribution
01/12/2023 912828Z29 1,000,000.00 US Treasury Note

1.5% Due 1/15/2023
101.153 1,011,526.79 0.00 1,011,526.79 0.00
Security
Contribution
01/12/2023 912828Z86 1,250,000.00 US Treasury Note

1.375% Due 2/15/2023
101.114 1,263,920.20 0.00 1,263,920.20 0.00
Security
Contribution
01/12/2023 912828ZD5 1,000,000.00 US Treasury Note

0.5% Due 3/15/2023
100.032 1,000,315.85 0.00 1,000,315.85 0.00
Security
Contribution
01/12/2023 91282CAJ0 1,200,000.00 US Treasury Note

0.25% Due 8/31/2025

91.328 1,095,937.50 0.00 1,095,937.50 0.00
Chandler Asset Management - CONFIDENTIAL Page 8 Execution Time: 2/2/2023 2:45:10 AM Transaction Ledger
As of January 31, 2023
City of San Rafael
Account #11045
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss

ACQUISITIONS
Security
Contribution
01/12/2023 91282CAM3 500,000.00 US Treasury Note

0.25% Due 9/30/2025

91.289 456,445.31 0.00 456,445.31 0.00
Security
Contribution
01/12/2023 91282CAW1 1,000,000.00 US Treasury Note

0.25% Due 11/15/2023
100.012 1,000,120.54 0.00 1,000,120.54 0.00
Security
Contribution
01/12/2023 91282CBA8 1,200,000.00 US Treasury Note

0.125% Due 12/15/2023

99.547 1,194,566.52 0.00 1,194,566.52 0.00
Security
Contribution
01/12/2023 91282CBQ3 500,000.00 US Treasury Note

0.5% Due 2/28/2026

91.168 455,839.84 0.00 455,839.84 0.00
Security
Contribution
01/12/2023 91282CBV2 1,000,000.00 US Treasury Note

0.375% Due 4/15/2024
100.118 1,001,175.22 0.00 1,001,175.22 0.00
Security
Contribution
01/12/2023 91282CBW0 500,000.00 US Treasury Note

0.75% Due 4/30/2026

88.719 443,595.43 0.00 443,595.43 0.00
Security
Contribution
01/12/2023 91282CCC3 1,000,000.00 US Treasury Note

0.25% Due 5/15/2024

99.688 996,878.35 0.00 996,878.35 0.00
Security
Contribution
01/12/2023 91282CCJ8 500,000.00 US Treasury Note

0.875% Due 6/30/2026

88.719 443,595.43 0.00 443,595.43 0.00
Security
Contribution
01/12/2023 91282CCK5 800,000.00 US Treasury Note

0.125% Due 6/30/2023

99.106 792,846.43 0.00 792,846.43 0.00
Security
Contribution
01/12/2023 91282CCN9 1,000,000.00 US Treasury Note

0.125% Due 7/31/2023

98.981 989,808.04 0.00 989,808.04 0.00
Security
Contribution
01/12/2023 931142DH3 500,000.00 Wal-Mart Stores Callable Note Cont 1/11/2023

2.55% Due 4/11/2023
101.831 509,155.00 0.00 509,155.00 0.00
Subtotal 45,195,710.52 45,649,589.48 0.00 45,649,589.48 0.00 TOTAL ACQUISITIONS 46,230,960.52 46,684,839.48 0.00 46,684,839.48 0.00 Chandler Asset Management - CONFIDENTIAL Page 9 Execution Time: 2/2/2023 2:45:10 AM Transaction Ledger
As of January 31, 2023
City of San Rafael
Account #11045
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss

DISPOSITIONS
Maturity 01/15/2023 912828Z29 1,000,000.00 US Treasury Note

1.5% Due 1/15/2023
100.000 1,000,000.00 0.00 1,000,000.00 0.00
Subtotal 1,000,000.00 1,000,000.00 0.00 1,000,000.00 0.00 Security
Withdrawal
01/25/2023 31846V807 250.00 First American Treasury MMF Class Y 1.000 250.00 0.00 250.00 0.00 Subtotal 250.00 250.00 0.00 250.00 0.00
TOTAL DISPOSITIONS 1,000,250.00 1,000,250.00 0.00 1,000,250.00 0.00

OTHER TRANSACTIONS
Interest 01/15/2023 912828Z29 1,000,000.00 US Treasury Note

1.5% Due 1/15/2023

0.000 7,500.00 0.00 7,500.00 0.00
Interest 01/17/2023 24422EVN6 1,000,000.00 John Deere Capital Corp Note

0.45% Due 1/17/2024

0.000 2,250.00 0.00 2,250.00 0.00
Interest 01/23/2023 17325FAS7 500,000.00 Citibank Callable Note Cont 12/23/2023

3.65% Due 1/23/2024

0.000 9,125.00 0.00 9,125.00 0.00
Interest 01/23/2023 693475AV7 900,000.00 PNC Financial Services Callable Note Cont 12/23/2023

3.5% Due 1/23/2024

0.000 15,750.00 0.00 15,750.00 0.00
Interest 01/31/2023 91282CCN9 1,000,000.00 US Treasury Note

0.125% Due 7/31/2023

0.000 625.00 0.00 625.00 0.00
Subtotal 4,400,000.00 35,250.00 0.00 35,250.00 0.00
TOTAL OTHER TRANSACTIONS 4,400,000.00 35,250.00 0.00 35,250.00 0.00 Chandler Asset Management - CONFIDENTIAL Page 10 Execution Time: 2/2/2023 2:45:10 AM Income Earned
As of January 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income

FIXED INCOME
02665WDH1 American Honda Finance
Note

1.95% Due 05/10/2023
01/12/2023
01/12/2023
1,000,000.00

0.00 1,031,510.00

0.00 1,026,169.32

0.00 0.00
4,387.50
4,387.50

0.00 5,340.68
(5,340.68)
(953.18)
(953.18)
037833AK6 Apple Inc
Note

2.4% Due 05/03/2023
01/12/2023
01/12/2023
500,000.00

0.00 506,880.00

0.00 505,640.36

0.00 0.00
2,933.33
2,933.33

0.00 1,239.64
(1,239.64)
1,693.69
1,693.69
06051GHF9 Bank of America Corp
Callable Note 1X 3/5/2023

3.55% Due 03/05/2024
01/12/2023
01/12/2023
500,000.00

0.00 535,525.00

0.00 533,825.24

0.00 0.00
7,198.61
7,198.61

0.00 1,699.76
(1,699.76)
5,498.85
5,498.85
14912L5X5 Caterpillar Finance Serv Corp
Note

3.75% Due 11/24/2023
01/12/2023
01/12/2023
1,000,000.00

0.00 1,086,390.00

0.00 1,080,922.28

0.00 0.00
6,979.17
6,979.17

0.00 5,467.72
(5,467.72)
1,511.45
1,511.45
166764BW9 Chevron Corp
Callable Note Cont 4/11/2025

1.554% Due 05/11/2025
01/12/2023
01/12/2023
700,000.00

0.00 667,380.00

0.00 668,147.53

0.00 0.00
2,417.33
2,417.33
767.53

0.00 767.53
3,184.86
3,184.86
17325FAS7 Citibank
Callable Note Cont 12/23/2023

3.65% Due 01/23/2024
01/12/2023
01/12/2023
500,000.00

0.00 541,470.00

0.00 539,264.15

0.00 9,125.00
405.56
9,530.56

0.00 2,205.85
(2,205.85)
7,324.71
7,324.71
24422EVN6 John Deere Capital Corp
Note

0.45% Due 01/17/2024
01/12/2023
01/12/2023
1,000,000.00

0.00 1,001,230.00

0.00 1,001,163.51

0.00 2,250.00
175.00
2,425.00

0.00 66.49
(66.49)
2,358.51
2,358.51
3130AJ7E3 FHLB
Note

1.375% Due 02/17/2023
01/12/2023
01/12/2023
1,200,000.00

0.00 1,201,698.09

0.00 1,200,754.71

0.00 0.00
7,516.67
7,516.67

0.00 943.38
(943.38)
6,573.29
6,573.29
3130AMQQ8 FHLB
Callable Note Qtrly 12/23/2021

0.35% Due 04/23/2024
01/12/2023
01/12/2023
1,000,000.00

0.00 1,000,000.00

0.00 1,000,000.00

0.00 0.00
369.44
369.44

0.00 0.00

0.00 369.44
369.44
Chandler Asset Management - CONFIDENTIAL Page 11 Execution Time: 2/2/2023 2:45:10 AM Income Earned
As of January 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
3130ATHT7 FHLB
Note

4.375% Due 09/12/2025
01/12/2023
01/12/2023
1,300,000.00

0.00 1,303,159.00

0.00 1,303,094.13

0.00 0.00
19,432.29
19,432.29

0.00 64.87
(64.87)
19,367.42
19,367.42
3133EMWV0 FFCB
Note

0.35% Due 04/22/2024
01/12/2023
01/12/2023
1,000,000.00

0.00 1,000,000.00

0.00 1,000,000.00

0.00 0.00
962.50
962.50

0.00 0.00

0.00 962.50
962.50
3133EMYR7 FFCB
Callable Note Cont 5/6/2022

0.375% Due 05/06/2024
01/12/2023
01/12/2023
1,000,000.00

0.00 1,000,000.00

0.00 1,000,000.00

0.00 0.00
885.42
885.42

0.00 0.00

0.00 885.42
885.42
3135G0U43 FNMA
Note

2.875% Due 09/12/2023
01/12/2023
01/12/2023
1,000,000.00

0.00 1,047,553.22

0.00 1,043,639.37

0.00 0.00
11,100.69
11,100.69

0.00 3,913.85
(3,913.85)
7,186.84
7,186.84
3135G0V34 FNMA
Note

2.5% Due 02/05/2024
01/12/2023
01/12/2023
600,000.00

0.00 621,262.80

0.00 620,169.60

0.00 0.00
7,333.33
7,333.33

0.00 1,093.20
(1,093.20)
6,240.13
6,240.13
3135G0V75 FNMA
Note

1.75% Due 07/02/2024
01/12/2023
01/12/2023
750,000.00

0.00 753,426.75

0.00 753,299.12

0.00 0.00
1,057.29
1,057.29

0.00 127.63
(127.63)
929.66
929.66
3136G46B4 FNMA
Callable Note Qtrly 01/26/2024

0.35% Due 04/26/2024
01/12/2023
01/12/2023
1,200,000.00

0.00 1,199,700.00

0.00 1,199,712.77

0.00 0.00
1,108.33
1,108.33

12.77 0.00

12.77 1,121.10
1,121.10
3137EAEQ8 FHLMC
Note

0.375% Due 04/20/2023
01/12/2023
01/12/2023
1,250,000.00

0.00 1,248,223.75

0.00 1,248,586.25

0.00 0.00
1,315.10
1,315.10
362.50

0.00 362.50
1,677.60
1,677.60
459200HU8 IBM Corp
Note

3.625% Due 02/12/2024
01/12/2023
01/12/2023
1,000,000.00

0.00 1,086,900.00

0.00 1,082,511.11

0.00 0.00
17,017.36
17,017.36

0.00 4,388.89
(4,388.89)
12,628.47
12,628.47
Chandler Asset Management - CONFIDENTIAL Page 12 Execution Time: 2/2/2023 2:45:10 AM Income Earned
As of January 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
46647PAP1 JP Morgan Chase & Co
Callable Note 1X 4/23/2023

3.559% Due 04/23/2024
01/12/2023
01/12/2023
500,000.00

0.00 534,240.00

0.00 532,773.62

0.00 0.00
4,844.19
4,844.19

0.00 1,466.38
(1,466.38)
3,377.81
3,377.81
46647PBH8 JP Morgan Chase & Co
Callable Note Mthly 3/13/2025

2.005% Due 03/13/2026
01/12/2023
01/12/2023
600,000.00

0.00 577,518.00

0.00 577,906.96

0.00 0.00
4,611.50
4,611.50
388.96

0.00 388.96
5,000.46
5,000.46
693475AV7 PNC Financial Services
Callable Note Cont 12/23/2023

3.5% Due 01/23/2024
01/12/2023
01/12/2023
900,000.00

0.00 956,367.00

0.00 954,857.14

0.00 15,750.00
700.00
16,450.00

0.00 1,509.86
(1,509.86)
14,940.14
14,940.14
713448CM8 Pepsico Inc.

Callable Note Cont 12/01/2023

3.6% Due 03/01/2024
01/12/2023
01/12/2023
500,000.00

0.00 537,465.00

0.00 535,655.10

0.00 0.00
7,500.00
7,500.00

0.00 1,809.90
(1,809.90)
5,690.10
5,690.10
717081DM2 Pfizer Inc.

Note

3.4% Due 05/15/2024
01/12/2023
01/12/2023
500,000.00

0.00 537,160.00

0.00 535,640.16

0.00 0.00
3,588.89
3,588.89

0.00 1,519.84
(1,519.84)
2,069.05
2,069.05
742718EB1 Procter & Gamble Co
Note

3.1% Due 08/15/2023
01/12/2023
01/12/2023
500,000.00

0.00 520,430.00

0.00 518,529.53

0.00 0.00
7,147.22
7,147.22

0.00 1,900.47
(1,900.47)
5,246.75
5,246.75
88579YBB6 3M Co.

Callable Note Cont 1/14/2024

3.25% Due 02/14/2024
01/12/2023
01/12/2023
500,000.00

0.00 541,935.00

0.00 539,827.71

0.00 0.00
7,538.19
7,538.19

0.00 2,107.29
(2,107.29)
5,430.90
5,430.90
89236THA6 Toyota Motor Credit Corp
Note

1.35% Due 08/25/2023
01/12/2023
01/12/2023
700,000.00

0.00 714,959.00

0.00 713,629.31

0.00 0.00
4,095.00
4,095.00

0.00 1,329.69
(1,329.69)
2,765.31
2,765.31
89236THU2 Toyota Motor Credit Corp
Note

0.45% Due 01/11/2024
01/12/2023
01/12/2023
480,000.00

0.00 479,342.40

0.00 479,378.53

0.00 0.00
120.00
120.00

36.13 0.00

36.13 156.13
156.13
Chandler Asset Management - CONFIDENTIAL Page 13 Execution Time: 2/2/2023 2:45:10 AM Income Earned
As of January 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
91159HHV5 US Bancorp
Callable Note Cont 1/5/2024

3.375% Due 02/05/2024
01/12/2023
01/12/2023
1,000,000.00

0.00 1,079,130.00

0.00 1,075,061.62

0.00 0.00
16,500.00
16,500.00

0.00 4,068.38
(4,068.38)
12,431.62
12,431.62
9128282D1 US Treasury
Note

1.375% Due 08/31/2023
01/12/2023
01/12/2023
1,250,000.00

0.00 1,265,970.98

0.00 1,264,588.21

0.00 0.00
7,311.81
7,311.81

0.00 1,382.77
(1,382.77)
5,929.04
5,929.04
9128282Y5 US Treasury
Note

2.125% Due 09/30/2024
01/12/2023
01/12/2023
1,000,000.00

0.00 1,051,800.23

0.00 1,050,147.91

0.00 0.00
7,239.01
7,239.01

0.00 1,652.32
(1,652.32)
5,586.69
5,586.69
9128285N6 US Treasury
Note

2.875% Due 11/30/2025
01/12/2023
01/12/2023
500,000.00

0.00 496,212.61

0.00 496,284.55

0.00 0.00
2,487.98
2,487.98

71.94 0.00

71.94 2,559.92
2,559.92
9128286X3 US Treasury
Note

2.125% Due 05/31/2026
01/12/2023
01/12/2023
500,000.00

0.00 465,958.71

0.00 466,509.99

0.00 0.00
1,838.94
1,838.94
551.28

0.00 551.28
2,390.22
2,390.22
912828D56 US Treasury
Note

2.375% Due 08/15/2024
01/12/2023
01/12/2023
1,000,000.00

0.00 1,038,011.16

0.00 1,036,702.69

0.00 0.00
10,971.47
10,971.47

0.00 1,308.47
(1,308.47)
9,663.00
9,663.00
912828U57 US Treasury
Note

2.125% Due 11/30/2023
01/12/2023
01/12/2023
650,000.00

0.00 661,529.52

0.00 660,813.40

0.00 0.00
2,390.63
2,390.63

0.00 716.12
(716.12)
1,674.51
1,674.51
912828YM6 US Treasury
Note

1.5% Due 10/31/2024
01/12/2023
01/12/2023
1,000,000.00

0.00 1,014,925.23

0.00 1,014,471.58

0.00 0.00
3,853.59
3,853.59

0.00 453.65
(453.65)
3,399.94
3,399.94
912828YV6 US Treasury
Note

1.5% Due 11/30/2024
01/12/2023
01/12/2023
700,000.00

0.00 722,889.06

0.00 722,223.68

0.00 0.00
1,817.31
1,817.31

0.00 665.38
(665.38)
1,151.93
1,151.93
Chandler Asset Management - CONFIDENTIAL Page 14 Execution Time: 2/2/2023 2:45:10 AM Income Earned
As of January 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
912828Z29 US Treasury
Note
Due 01/15/2023
01/12/2023
01/12/2023

0.00 0.00
1,011,526.79
1,000,000.00

0.00 0.00
7,500.00

0.00 7,500.00

0.00 11,526.79
(11,526.79)
(4,026.79)
(4,026.79)
912828Z86 US Treasury
Note

1.375% Due 02/15/2023
01/12/2023
01/12/2023
1,250,000.00

0.00 1,263,920.20

0.00 1,255,731.85

0.00 0.00
7,939.88
7,939.88

0.00 8,188.35
(8,188.35)
(248.47)
(248.47)
912828ZD5 US Treasury
Note

0.5% Due 03/15/2023
01/12/2023
01/12/2023
1,000,000.00

0.00 1,000,315.85

0.00 1,000,213.96

0.00 0.00
1,919.89
1,919.89

0.00 101.89
(101.89)
1,818.00
1,818.00
91282CAJ0 US Treasury
Note

0.25% Due 08/31/2025
01/12/2023
01/12/2023
1,200,000.00

0.00 1,095,937.50

0.00 1,098,100.96

0.00 0.00
1,276.24
1,276.24
2,163.46

0.00 2,163.46
3,439.70
3,439.70
91282CAM3 US Treasury
Note

0.25% Due 09/30/2025
01/12/2023
01/12/2023
500,000.00

0.00 456,445.31

0.00 457,323.43

0.00 0.00
425.82
425.82
878.12

0.00 878.12
1,303.94
1,303.94
91282CAW1 US Treasury
Note

0.25% Due 11/15/2023
01/12/2023
01/12/2023
1,000,000.00

0.00 1,000,120.54

0.00 1,000,112.69

0.00 0.00
538.67
538.67

0.00 7.85
(7.85)
530.82
530.82
91282CBA8 US Treasury
Note

0.125% Due 12/15/2023
01/12/2023
01/12/2023
1,200,000.00

0.00 1,194,566.52

0.00 1,194,888.98

0.00 0.00
197.80
197.80
322.46

0.00 322.46
520.26
520.26
91282CBQ3 US Treasury
Note

0.5% Due 02/28/2026
01/12/2023
01/12/2023
500,000.00

0.00 455,839.84

0.00 456,612.55

0.00 0.00
1,063.54
1,063.54
772.71

0.00 772.71
1,836.25
1,836.25
91282CBV2 US Treasury
Note

0.375% Due 04/15/2024
01/12/2023
01/12/2023
1,000,000.00

0.00 1,001,175.22

0.00 1,001,124.01

0.00 0.00
1,122.94
1,122.94

0.00 51.21
(51.21)
1,071.73
1,071.73
Chandler Asset Management - CONFIDENTIAL Page 15 Execution Time: 2/2/2023 2:45:10 AM Income Earned
As of January 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
91282CBW0 US Treasury
Note

0.75% Due 04/30/2026
01/12/2023
01/12/2023
500,000.00

0.00 443,595.43

0.00 444,532.38

0.00 0.00
963.40
963.40
936.95

0.00 936.95
1,900.35
1,900.35
91282CCC3 US Treasury
Note

0.25% Due 05/15/2024
01/12/2023
01/12/2023
1,000,000.00

0.00 996,878.35

0.00 997,006.02

0.00 0.00
538.67
538.67
127.67

0.00 127.67
666.34
666.34
91282CCJ8 US Treasury
Note

0.875% Due 06/30/2026
01/12/2023
01/12/2023
500,000.00

0.00 443,595.43

0.00 444,487.20

0.00 0.00
386.74
386.74
891.77

0.00 891.77
1,278.51
1,278.51
91282CCK5 US Treasury
Note

0.125% Due 06/30/2023
01/12/2023
01/12/2023
800,000.00

0.00 792,846.43

0.00 793,693.01

0.00 0.00

88.40 88.40
846.58

0.00 846.58
934.98
934.98
91282CCN9 US Treasury
Note

0.125% Due 07/31/2023
01/12/2023
01/12/2023
1,000,000.00

0.00 989,808.04

0.00 990,827.24

0.00 625.00

3.45 628.45
1,019.20

0.00 1,019.20
1,647.65
1,647.65
931142DH3 Wal-Mart Stores
Callable Note Cont 1/11/2023

2.55% Due 04/11/2023
01/12/2023
01/12/2023
500,000.00

0.00 509,155.00

0.00 507,097.70

0.00 0.00
3,895.83
3,895.83

0.00 2,057.30
(2,057.30)
1,838.53
1,838.53
Total Fixed Income 41,230,000.00

0.00 42,683,878.96
1,000,000.00
41,623,653.12

0.00 35,250.00
207,511.92
242,761.92
10,150.03
70,375.87
(60,225.84)
182,536.08 182,536.08
Chandler Asset Management - CONFIDENTIAL Page 16 Execution Time: 2/2/2023 2:45:10 AM Income Earned
As of January 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income

CASH & EQUIVALENT
31846V807 First American
Treasury MMF Class Y
Various
Various
4,000,710.52

0.00 4,000,960.52
250.00
4,000,710.52

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 Total Cash & Equivalent 4,000,710.52

0.00 4,000,960.52
250.00
4,000,710.52

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00 0.00
TOTAL PORTFOLIO 45,230,710.52

0.00 46,684,839.48
1,000,250.00
45,624,363.64

0.00 35,250.00
207,511.92
242,761.92
10,150.03
70,375.87
(60,225.84)
182,536.08 182,536.08
Chandler Asset Management - CONFIDENTIAL Page 17 Execution Time: 2/2/2023 2:45:10 AM Cash Flow Report
As of January 31, 2023
City of San Rafael
Account #11045
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/05/2023 Interest 91159HHV5 1,000,000.00 US Bancorp Callable Note Cont 1/5/2024

3.375% Due 2/5/2024

0.00 16,875.00 16,875.00
02/05/2023 Interest 3135G0V34 600,000.00 FNMA Note

2.5% Due 2/5/2024

0.00 7,500.00 7,500.00
02/12/2023 Interest 459200HU8 1,000,000.00 IBM Corp Note

3.625% Due 2/12/2024

0.00 18,125.00 18,125.00
02/14/2023 Interest 88579YBB6 500,000.00 3M Co. Callable Note Cont 1/14/2024

3.25% Due 2/14/2024

0.00 8,125.00 8,125.00
02/15/2023 Interest 912828D56 1,000,000.00 US Treasury Note

2.375% Due 8/15/2024

0.00 11,875.00 11,875.00
02/15/2023 Interest 742718EB1 500,000.00 Procter & Gamble Co Note

3.1% Due 8/15/2023

0.00 7,750.00 7,750.00
02/15/2023 Maturity 912828Z86 1,250,000.00 US Treasury Note

1.375% Due 2/15/2023
1,250,000.00 8,593.75 1,258,593.75
02/17/2023 Maturity 3130AJ7E3 1,200,000.00 FHLB Note

1.375% Due 2/17/2023
1,200,000.00 8,250.00 1,208,250.00
02/25/2023 Interest 89236THA6 700,000.00 Toyota Motor Credit Corp Note

1.35% Due 8/25/2023

0.00 4,725.00 4,725.00
02/28/2023 Interest 9128282D1 1,250,000.00 US Treasury Note

1.375% Due 8/31/2023

0.00 8,593.75 8,593.75
02/28/2023 Interest 91282CAJ0 1,200,000.00 US Treasury Note

0.25% Due 8/31/2025

0.00 1,500.00 1,500.00
02/28/2023 Interest 91282CBQ3 500,000.00 US Treasury Note

0.5% Due 2/28/2026

0.00 1,250.00 1,250.00
FEB 2023 2,450,000.00 103,162.50 2,553,162.50
03/01/2023 Interest 713448CM8 500,000.00 Pepsico Inc. Callable Note Cont 12/01/2023

3.6% Due 3/1/2024

0.00 9,000.00 9,000.00
03/05/2023 Interest 06051GHF9 500,000.00 Bank of America Corp Callable Note 1X 3/5/2023

3.55% Due 3/5/2024

0.00 8,875.00 8,875.00
03/12/2023 Interest 3130ATHT7 1,300,000.00 FHLB Note

4.375% Due 9/12/2025

0.00 25,909.72 25,909.72
03/12/2023 Interest 3135G0U43 1,000,000.00 FNMA Note

2.875% Due 9/12/2023

0.00 14,375.00 14,375.00
Chandler Asset Management - CONFIDENTIAL Page 18 Execution Time: 2/2/2023 2:45:10 AM Cash Flow Report
As of January 31, 2023
City of San Rafael
Account #11045
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/13/2023 Interest 46647PBH8 600,000.00 JP Morgan Chase & Co Callable Note Mthly 3/13/2025

2.005% Due 3/13/2026

0.00 6,015.00 6,015.00
03/15/2023 Maturity 912828ZD5 1,000,000.00 US Treasury Note

0.5% Due 3/15/2023
1,000,000.00 2,500.00 1,002,500.00
03/31/2023 Interest 9128282Y5 1,000,000.00 US Treasury Note

2.125% Due 9/30/2024

0.00 10,625.00 10,625.00
03/31/2023 Interest 91282CAM3 500,000.00 US Treasury Note

0.25% Due 9/30/2025

0.00 625.00 625.00
MAR 2023 1,000,000.00 77,924.72 1,077,924.72
04/11/2023 Maturity 931142DH3 500,000.00 Wal-Mart Stores Callable Note Cont 1/11/2023

2.55% Due 4/11/2023
500,000.00 6,375.00 506,375.00
04/15/2023 Interest 91282CBV2 1,000,000.00 US Treasury Note

0.375% Due 4/15/2024

0.00 1,875.00 1,875.00
04/20/2023 Maturity 3137EAEQ8 1,250,000.00 FHLMC Note

0.375% Due 4/20/2023
1,250,000.00 2,343.75 1,252,343.75
04/22/2023 Interest 3133EMWV0 1,000,000.00 FFCB Note

0.35% Due 4/22/2024

0.00 1,750.00 1,750.00
04/23/2023 Interest 46647PAP1 500,000.00 JP Morgan Chase & Co Callable Note 1X 4/23/2023

3.559% Due 4/23/2024

0.00 8,897.50 8,897.50
04/26/2023 Interest 3136G46B4 1,200,000.00 FNMA Callable Note Qtrly 01/26/2024

0.35% Due 4/26/2024

0.00 2,100.00 2,100.00
04/30/2023 Interest 912828YM6 1,000,000.00 US Treasury Note

1.5% Due 10/31/2024

0.00 7,500.00 7,500.00
04/30/2023 Interest 91282CBW0 500,000.00 US Treasury Note

0.75% Due 4/30/2026

0.00 1,875.00 1,875.00
APR 2023 1,750,000.00 32,716.25 1,782,716.25
05/03/2023 Maturity 037833AK6 500,000.00 Apple Inc Note

2.4% Due 5/3/2023
500,000.00 6,000.00 506,000.00
05/06/2023 Interest 3133EMYR7 1,000,000.00 FFCB Callable Note Cont 5/6/2022

0.375% Due 5/6/2024

0.00 1,875.00 1,875.00
05/10/2023 Maturity 02665WDH1 1,000,000.00 American Honda Finance Note

1.95% Due 5/10/2023
1,000,000.00 9,750.00 1,009,750.00
Chandler Asset Management - CONFIDENTIAL Page 19 Execution Time: 2/2/2023 2:45:10 AM Cash Flow Report
As of January 31, 2023
City of San Rafael
Account #11045
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/11/2023 Interest 166764BW9 700,000.00 Chevron Corp Callable Note Cont 4/11/2025

1.554% Due 5/11/2025

0.00 5,439.00 5,439.00
05/15/2023 Interest 91282CCC3 1,000,000.00 US Treasury Note

0.25% Due 5/15/2024

0.00 1,250.00 1,250.00
05/15/2023 Interest 717081DM2 500,000.00 Pfizer Inc. Note

3.4% Due 5/15/2024

0.00 8,500.00 8,500.00
05/15/2023 Interest 91282CAW1 1,000,000.00 US Treasury Note

0.25% Due 11/15/2023

0.00 1,250.00 1,250.00
05/24/2023 Interest 14912L5X5 1,000,000.00 Caterpillar Finance Serv Corp Note

3.75% Due 11/24/2023

0.00 18,750.00 18,750.00
05/31/2023 Interest 9128286X3 500,000.00 US Treasury Note

2.125% Due 5/31/2026

0.00 5,312.50 5,312.50
05/31/2023 Interest 912828U57 650,000.00 US Treasury Note

2.125% Due 11/30/2023

0.00 6,906.25 6,906.25
05/31/2023 Interest 9128285N6 500,000.00 US Treasury Note

2.875% Due 11/30/2025

0.00 7,187.50 7,187.50
05/31/2023 Interest 912828YV6 700,000.00 US Treasury Note

1.5% Due 11/30/2024

0.00 5,250.00 5,250.00
MAY 2023 1,500,000.00 77,470.25 1,577,470.25
06/05/2023 Interest 06051GHF9 500,000.00 Bank of America Corp Callable Note 1X 3/5/2023

3.55% Due 3/5/2024

0.00 7,280.75 7,280.75
06/15/2023 Interest 91282CBA8 1,200,000.00 US Treasury Note

0.125% Due 12/15/2023

0.00 750.00 750.00
06/23/2023 Interest 3130AMQQ8 1,000,000.00 FHLB Callable Note Qtrly 12/23/2021

0.35% Due 4/23/2024

0.00 1,750.00 1,750.00
06/30/2023 Interest 91282CCJ8 500,000.00 US Treasury Note

0.875% Due 6/30/2026

0.00 2,187.50 2,187.50
06/30/2023 Maturity 91282CCK5 800,000.00 US Treasury Note

0.125% Due 6/30/2023
800,000.00 500.00 800,500.00
JUN 2023 800,000.00 12,468.25 812,468.25
07/02/2023 Interest 3135G0V75 750,000.00 FNMA Note

1.75% Due 7/2/2024

0.00 6,562.50 6,562.50
07/11/2023 Interest 89236THU2 480,000.00 Toyota Motor Credit Corp Note

0.45% Due 1/11/2024

0.00 1,080.00 1,080.00
Chandler Asset Management - CONFIDENTIAL Page 20 Execution Time: 2/2/2023 2:45:10 AM Cash Flow Report
As of January 31, 2023
City of San Rafael
Account #11045
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/17/2023 Interest 24422EVN6 1,000,000.00 John Deere Capital Corp Note

0.45% Due 1/17/2024

0.00 2,250.00 2,250.00
07/23/2023 Interest 17325FAS7 500,000.00 Citibank Callable Note Cont 12/23/2023

3.65% Due 1/23/2024

0.00 9,125.00 9,125.00
07/23/2023 Interest 46647PAP1 500,000.00 JP Morgan Chase & Co Callable Note 1X 4/23/2023

3.559% Due 4/23/2024

0.00 6,093.04 6,093.04
07/23/2023 Interest 693475AV7 900,000.00 PNC Financial Services Callable Note Cont 12/23/2023

3.5% Due 1/23/2024

0.00 15,750.00 15,750.00
07/31/2023 Maturity 91282CCN9 1,000,000.00 US Treasury Note

0.125% Due 7/31/2023
1,000,000.00 625.00 1,000,625.00
JUL 2023 1,000,000.00 41,485.54 1,041,485.54
08/05/2023 Interest 3135G0V34 600,000.00 FNMA Note

2.5% Due 2/5/2024

0.00 7,500.00 7,500.00
08/05/2023 Interest 91159HHV5 1,000,000.00 US Bancorp Callable Note Cont 1/5/2024

3.375% Due 2/5/2024

0.00 16,875.00 16,875.00
08/12/2023 Interest 459200HU8 1,000,000.00 IBM Corp Note

3.625% Due 2/12/2024

0.00 18,125.00 18,125.00
08/14/2023 Interest 88579YBB6 500,000.00 3M Co. Callable Note Cont 1/14/2024

3.25% Due 2/14/2024

0.00 8,125.00 8,125.00
08/15/2023 Interest 912828D56 1,000,000.00 US Treasury Note

2.375% Due 8/15/2024

0.00 11,875.00 11,875.00
08/15/2023 Maturity 742718EB1 500,000.00 Procter & Gamble Co Note

3.1% Due 8/15/2023
500,000.00 7,750.00 507,750.00
08/25/2023 Maturity 89236THA6 700,000.00 Toyota Motor Credit Corp Note

1.35% Due 8/25/2023
700,000.00 4,725.00 704,725.00
08/31/2023 Interest 91282CBQ3 500,000.00 US Treasury Note

0.5% Due 2/28/2026

0.00 1,250.00 1,250.00
08/31/2023 Interest 91282CAJ0 1,200,000.00 US Treasury Note

0.25% Due 8/31/2025

0.00 1,500.00 1,500.00
08/31/2023 Maturity 9128282D1 1,250,000.00 US Treasury Note

1.375% Due 8/31/2023
1,250,000.00 8,593.75 1,258,593.75
AUG 2023 2,450,000.00 86,318.75 2,536,318.75
Chandler Asset Management - CONFIDENTIAL Page 21 Execution Time: 2/2/2023 2:45:10 AM Cash Flow Report
As of January 31, 2023
City of San Rafael
Account #11045
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/01/2023 Interest 713448CM8 500,000.00 Pepsico Inc. Callable Note Cont 12/01/2023

3.6% Due 3/1/2024

0.00 9,000.00 9,000.00
09/05/2023 Interest 06051GHF9 500,000.00 Bank of America Corp Callable Note 1X 3/5/2023

3.55% Due 3/5/2024

0.00 7,300.67 7,300.67
09/12/2023 Interest 3130ATHT7 1,300,000.00 FHLB Note

4.375% Due 9/12/2025

0.00 28,437.50 28,437.50
09/12/2023 Maturity 3135G0U43 1,000,000.00 FNMA Note

2.875% Due 9/12/2023
1,000,000.00 14,375.00 1,014,375.00
09/13/2023 Interest 46647PBH8 600,000.00 JP Morgan Chase & Co Callable Note Mthly 3/13/2025

2.005% Due 3/13/2026

0.00 6,015.00 6,015.00
09/30/2023 Interest 9128282Y5 1,000,000.00 US Treasury Note

2.125% Due 9/30/2024

0.00 10,625.00 10,625.00
09/30/2023 Interest 91282CAM3 500,000.00 US Treasury Note

0.25% Due 9/30/2025

0.00 625.00 625.00
SEP 2023 1,000,000.00 76,378.17 1,076,378.17
10/15/2023 Interest 91282CBV2 1,000,000.00 US Treasury Note

0.375% Due 4/15/2024

0.00 1,875.00 1,875.00
10/22/2023 Interest 3133EMWV0 1,000,000.00 FFCB Note

0.35% Due 4/22/2024

0.00 1,750.00 1,750.00
10/23/2023 Interest 46647PAP1 500,000.00 JP Morgan Chase & Co Callable Note 1X 4/23/2023

3.559% Due 4/23/2024

0.00 6,160.00 6,160.00
10/26/2023 Interest 3136G46B4 1,200,000.00 FNMA Callable Note Qtrly 01/26/2024

0.35% Due 4/26/2024

0.00 2,100.00 2,100.00
10/31/2023 Interest 912828YM6 1,000,000.00 US Treasury Note

1.5% Due 10/31/2024

0.00 7,500.00 7,500.00
10/31/2023 Interest 91282CBW0 500,000.00 US Treasury Note

0.75% Due 4/30/2026

0.00 1,875.00 1,875.00
OCT 2023 0.00 21,260.00 21,260.00
11/06/2023 Interest 3133EMYR7 1,000,000.00 FFCB Callable Note Cont 5/6/2022

0.375% Due 5/6/2024

0.00 1,875.00 1,875.00
11/11/2023 Interest 166764BW9 700,000.00 Chevron Corp Callable Note Cont 4/11/2025

1.554% Due 5/11/2025

0.00 5,439.00 5,439.00
Chandler Asset Management - CONFIDENTIAL Page 22 Execution Time: 2/2/2023 2:45:10 AM Cash Flow Report
As of January 31, 2023
City of San Rafael
Account #11045
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/15/2023 Interest 91282CCC3 1,000,000.00 US Treasury Note

0.25% Due 5/15/2024

0.00 1,250.00 1,250.00
11/15/2023 Interest 717081DM2 500,000.00 Pfizer Inc. Note

3.4% Due 5/15/2024

0.00 8,500.00 8,500.00
11/15/2023 Maturity 91282CAW1 1,000,000.00 US Treasury Note

0.25% Due 11/15/2023
1,000,000.00 1,250.00 1,001,250.00
11/24/2023 Maturity 14912L5X5 1,000,000.00 Caterpillar Finance Serv Corp Note

3.75% Due 11/24/2023
1,000,000.00 18,750.00 1,018,750.00
11/30/2023 Interest 9128285N6 500,000.00 US Treasury Note

2.875% Due 11/30/2025

0.00 7,187.50 7,187.50
11/30/2023 Interest 9128286X3 500,000.00 US Treasury Note

2.125% Due 5/31/2026

0.00 5,312.50 5,312.50
11/30/2023 Interest 912828YV6 700,000.00 US Treasury Note

1.5% Due 11/30/2024

0.00 5,250.00 5,250.00
11/30/2023 Maturity 912828U57 650,000.00 US Treasury Note

2.125% Due 11/30/2023
650,000.00 6,906.25 656,906.25
NOV 2023 2,650,000.00 61,720.25 2,711,720.25
12/05/2023 Interest 06051GHF9 500,000.00 Bank of America Corp Callable Note 1X 3/5/2023

3.55% Due 3/5/2024

0.00 7,221.32 7,221.32
12/15/2023 Maturity 91282CBA8 1,200,000.00 US Treasury Note

0.125% Due 12/15/2023
1,200,000.00 750.00 1,200,750.00
12/23/2023 Interest 3130AMQQ8 1,000,000.00 FHLB Callable Note Qtrly 12/23/2021

0.35% Due 4/23/2024

0.00 1,750.00 1,750.00
12/31/2023 Interest 91282CCJ8 500,000.00 US Treasury Note

0.875% Due 6/30/2026

0.00 2,187.50 2,187.50
DEC 2023 1,200,000.00 11,908.82 1,211,908.82
01/02/2024 Interest 3135G0V75 750,000.00 FNMA Note

1.75% Due 7/2/2024

0.00 6,562.50 6,562.50
01/11/2024 Maturity 89236THU2 480,000.00 Toyota Motor Credit Corp Note

0.45% Due 1/11/2024
480,000.00 1,080.00 481,080.00
01/17/2024 Maturity 24422EVN6 1,000,000.00 John Deere Capital Corp Note

0.45% Due 1/17/2024
1,000,000.00 2,250.00 1,002,250.00
01/23/2024 Interest 46647PAP1 500,000.00 JP Morgan Chase & Co Callable Note 1X 4/23/2023

3.559% Due 4/23/2024

0.00 6,160.00 6,160.00
Chandler Asset Management - CONFIDENTIAL Page 23 Execution Time: 2/2/2023 2:45:10 AM Cash Flow Report
As of January 31, 2023
City of San Rafael
Account #11045
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/23/2024 Maturity 693475AV7 900,000.00 PNC Financial Services Callable Note Cont 12/23/2023

3.5% Due 1/23/2024
900,000.00 15,750.00 915,750.00
01/23/2024 Maturity 17325FAS7 500,000.00 Citibank Callable Note Cont 12/23/2023

3.65% Due 1/23/2024
500,000.00 9,125.00 509,125.00
JAN 2024 2,880,000.00 40,927.50 2,920,927.50
TOTAL 18,680,000.00 643,741.00 19,323,741.00
Chandler Asset Management - CONFIDENTIAL Page 24 Execution Time: 2/2/2023 2:45:10 AM Important Disclosures City of San Rafael
Account #11045
Chandler Asset Management, Inc. ;͞Chandler͟Ϳis an SEC registered investment adviser. For additional information about our firm, please see our current disclosures (Form ADV). To obtain a copy of our current disclosures, you may contact your client service representative by calling the number on the front of this statement or you may visit our website at www.chandlerasset.com.

Information contained in this monthly statement is confidential and is provided for informational purposes only and should not be construed as specific investment or legal advice. The information contained herein was obtained from sources believed to be reliable as of the date of this statement, but may become outdated or superseded at any time without notice.

Custody: Your qualified custodian bank maintains control of all assets reflected in this statement and we urge you to compare this statement to the one you receive from your qualified custodian. Chandler does not have any authority to withdraw or deposit funds from/to the custodian account.

Valuation: Prices are provided by IDC, an independent pricing source. In the event IDC does not provide a price or if the price provided is not reflective of fair market value, Chandler will obtain pricing from an alternative approved third party pricing source in accordance with our written valuation policy and procedures. Our valuation procedures are also disclosed in Item 5 of our Form ADV Part 2A.

Performance: Performance results are presented gross-of-advisory fees and represent the client͛s Total Return. The deduction of advisory fees lowers performance results. These results include the reinvestment of dividends and other earnings. Past performance may not be indicative of future results. Therefore, clients should not assume that future performance of any specific investment or investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. Economic factors, market conditions or changes in investment strategies, contributions or withdrawals may materially alter the performance and results of your portfolio.

Source ice Data Indices, LLC ("ICE"), used with permission. ICE PERMITS USE OF THE ICE INDICES AND RELATED DATA ON AN "AS IS" BASIS; ICE, ITS AFFILIATES AND THEIR RESPECTIVE

THIRD PARTY SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS, EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM. NEITHER ICE DATA, ITS AFFILIATES OR

THEIR RESPECTIVE THIRD PARTY PROVIDERS GUARANTEE THE QUALITY, ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES OR THE INDEX DATA OR ANY COMPONENT THEREOF, AND THE INDICES AND INDEX DATA AND ALL COMPONENTS THEREOF ARE PROVIDED ON AN "AS IS" BASIS AND LICENSEE'S USE IS AT LICENSEE'S OWN RISK. ICE DATA, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY DO NOT SPONSOR, ENDORSE, OR RECOMMEND CHANDLER, OR ANY OF ITS PRODUCTS OR SERVICES.

Index returns assume reinvestment of all distributions. Historical performance results for investment indexes generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment management fee, the incurrence of which would have the effect of decreasing historical performance results. It is not possible to invest directly in an index.

Ratings: Ratings information have been provided by Moody͛s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

Security level ratings for U.S. Agency issued mortgage-backed securities ;͞MBS͟Ϳreflect the issuer rating because the securities themselves are not rated. The issuing U.S. Agency guarantees the full and timely payment of both principal and interest and carries a AA+/Aaa/AAA by S&P, Moody͛s and Fitch respectively.

Chandler Asset Management - CONFIDENTIAL Page 25 Execution Time: 2/2/2023 2:45:10 AM Benchmark Index & Disclosures City of San Rafael
Account #11045
Benchmark Index Disclosure
ICE BofA 1-3 Yr US Treasury & Agency
Index
The ICE BofA 1-3 Year US Treasury & Agency Index tracks the performance of US dollar denominated US Treasury and nonsubordinated US agency debt issued in the US domestic market. Qualifying securities must have an investment grade rating (based on an average of Moody͛s, S&P and Fitch). Qualifying securities must have at least one year remaining term to final maturity and less than three years remaining term to final maturity, at least 18 months to maturity at time of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for sovereigns and $250 million for agencies.

Chandler Asset Management - CONFIDENTIAL Page 26 Execution Time: 2/2/2023 2:45:10 AM

MONTHLY ACCOUNT STATEMENT
City of San Rafael - Account #11045
FEBRUARY 1, 2023 THROUGH FEBRUARY 28, 2023
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures.

CHANDLER ASSET MANAGEMENT
chandlerasset.com
Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian
US Bank
Alexander Bazan
(503) 402-5305

ACCOUNT SUMMARY
Beg. Values
as of 1/31/23
End Values
as of 2/28/23
Market Value 43,962,169 43,870,229
Accrued Interest 207,512 188,274
Total Market Value 44,169,681 44,058,503
Income Earned 182,536 62,885
Cont/WD -2,419
Par 45,230,711 45,319,796
Book Value 45,624,364 45,264,756
Cost Value 45,674,635 45,752,021

TOP ISSUERS
Government of United States 40.8%
Federal National Mortgage Assoc 7.8%
Federal Home Loan Bank 7.4%
Federal Farm Credit Bank 6.6%
Federal Home Loan Mortgage Corp 2.8%
Toyota Motor Corp 2.6%
JP Morgan Chase & Co 2.4%
Caterpillar Inc 2.3%
Total 72.8%

PORTFOLIO CHARACTERISTICS
Average Modified Duration 1.25
Average Coupon 2.05%
Average Purchase YTM 1.70%
Average Market YTM 5.01%
Average S&P/Moody Rating AA/Aa1
Average Final Maturity 1.39 yrs
Average Life 1.31 yrs

SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (S&P) Portfolio Summary
As of February 28, 2023
City of San Rafael
Account #11045

PERFORMANCE REVIEW
Annualized
TOTAL RATE OF RETURN 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS 1/1/1900 City of San Rafael -0.25% N/A N/A N/A N/A N/A N/A N/A N/A ICE BofA 1-3 Yr US Treasury & Agency Index -0.72% 0.16% -0.04% -2.69% -2.10% -0.89% 0.83% 0.66% N/A Chandler Asset Management - CONFIDENTIAL Page 1 Execution Time: 3/2/2023 12:40:32 PM Holdings Report
As of February 28, 2023
City of San Rafael
Account #11045
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
ABS
05593AAC3 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025
435,000.00 Various

5.11%
435,745.64
435,732.07

99.88 5.31%
434,459.51
997.60

0.99%
(1,272.56)
Aaa / AAA
NR

2.74 1.58
43815JAC7 Honda Auto Receivables Owner 2023-1
A3

5.04% Due 4/21/2027
120,000.00 02/16/2023

5.10%
119,977.70
119,977.80

99.81 5.19%
119,772.52
117.60

0.27%
(205.28)
Aaa / NR
AAA

4.15 2.20
58768PAC8 Mercedes-Benz Auto Receivables 2022-
1 A3

5.21% Due 8/16/2027
260,000.00 02/15/2023

5.02%
261,340.63
261,327.03
100.11

5.23%
260,287.59
602.04

0.59%
(1,039.44)
Aaa / AAA
NR

4.47 2.08
89239HAD0 Toyota Auto Receivables Owner 20222-
D A3

5.3% Due 9/15/2027
350,000.00 02/10/2023

4.82%
354,128.91
354,076.69
100.61

5.09%
352,141.44
824.44

0.80%
(1,935.25)
Aaa / NR
AAA

4.55 2.14
Total ABS 1,165,000.00 5.00%
1,171,192.88
1,171,113.59 5.21%
1,166,661.06
2,541.68

2.65%
(4,452.53)
Aaa / AAA
AAA

3.82 1.93
AGENCY
3137EAEQ8 FHLMC Note

0.375% Due 4/20/2023
1,250,000.00 12/23/2021

0.48%
1,248,223.75
1,249,816.12

99.40 4.56%
1,242,483.75
1,705.73

2.82%
(7,332.37)
Aaa / AA+
AAA

0.14 0.14
3135G0U43 FNMA Note

2.875% Due 9/12/2023
1,000,000.00 09/26/2019

1.63%
1,047,553.22
1,006,408.35

98.77 5.21%
987,748.00
13,496.53

2.27%
(18,660.35)
Aaa / AA+
AAA

0.54 0.52
3135G0V34 FNMA Note

2.5% Due 2/5/2024
600,000.00 10/24/2019

1.64%
621,262.80
604,632.98

97.46 5.31%
584,781.60
1,083.33

1.33%
(19,851.38)
Aaa / AA+
AAA

0.94 0.91
3133EMWV0 FFCB Note

0.35% Due 4/22/2024
1,000,000.00 05/03/2021

0.35%
1,000,000.00
1,000,000.00

94.82 5.04%
948,218.00
1,254.17

2.16%
(51,782.00)
Aaa / AA+
AAA

1.15 1.12
3130AMQQ8 FHLB Callable Note Qtrly 12/23/2021

0.35% Due 4/23/2024
1,000,000.00 06/23/2021

0.35%
1,000,000.00
1,000,000.00

94.54 5.32%
945,409.00
661.11

2.15%
(54,591.00)
Aaa / AA+
NR

1.15 1.12
3136G46B4 FNMA Callable Note Qtrly 01/26/2024

0.35% Due 4/26/2024
1,200,000.00 10/30/2020

0.36%
1,199,700.00
1,199,900.63

94.51 5.29%
1,134,066.00
1,458.33

2.58%
(65,834.63)
Aaa / AA+
AAA

1.16 1.13
3133EMYR7 FFCB Callable Note Cont 5/6/2022

0.375% Due 5/6/2024
1,000,000.00 05/06/2021

0.38%
1,000,000.00
1,000,000.00

94.38 5.32%
943,791.00
1,197.92

2.14%
(56,209.00)
Aaa / AA+
AAA

1.19 1.16
3135G0V75 FNMA Note

1.75% Due 7/2/2024
750,000.00 11/05/2019

1.65%
753,426.75
750,985.12

95.66 5.13%
717,429.75
2,151.04

1.63%
(33,555.37)
Aaa / AA+
AAA

1.34 1.30
3133EPBF1 Federal Farm Credit Bank Note

4.875% Due 8/21/2024
1,000,000.00 02/15/2023

4.98%
998,490.00
998,512.08

99.54 5.20%
995,376.00
1,354.17

2.26%
(3,136.08)
Aaa / AA+
AAA

1.48 1.41
Chandler Asset Management - CONFIDENTIAL Page 2 Execution Time: 3/2/2023 12:40:32 PM Holdings Report
As of February 28, 2023
City of San Rafael
Account #11045
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
AGENCY
3130ATHT7 FHLB Note

4.375% Due 9/12/2025
1,300,000.00 10/06/2022

4.29%
1,303,159.00
1,302,728.76

99.23 4.70%
1,289,951.00
24,171.88

2.98%
(12,777.76)
Aaa / AA+
NR

2.54 2.33
3130ATUC9 FHLB Note

4.5% Due 12/12/2025
1,000,000.00 02/13/2023

4.32%
1,004,720.00
1,004,651.40

99.70 4.61%
997,014.00
14,750.00

2.30%
(7,637.40)
Aaa / AA+
NR

2.79 2.56
Total Agency 11,100,000.00 1.88%
11,176,535.52
11,117,635.44 5.03%
10,786,268.10
63,284.21

24.63%
(331,367.34)
Aaa / AA+
AAA

1.33 1.26

CORPORATE
931142DH3 Wal-Mart Stores Callable Note Cont
1/11/2023

2.55% Due 4/11/2023
500,000.00 09/19/2019

2.01%
509,155.00
500,288.73

99.70 5.03%
498,500.00
4,958.33

1.14%
(1,788.73)
Aa2 / AA
AA

0.12 0.12
037833AK6 Apple Inc Note

2.4% Due 5/3/2023
500,000.00 09/19/2019

2.00%
506,880.00
500,327.87

99.53 5.00%
497,640.50
3,933.33

1.14%
(2,687.37)
Aaa / AA+
NR

0.18 0.18
02665WDH1 American Honda Finance Note

1.95% Due 5/10/2023
1,000,000.00 05/05/2021

0.38%
1,031,510.00
1,003,000.95

99.36 5.15%
993,615.00
6,012.50

2.27%
(9,385.95)
A3 / AA0.19

0.20 742718EB1 Procter & Gamble Co Note

3.1% Due 8/15/2023
500,000.00 12/15/2021

0.63%
520,430.00
505,611.53

99.12 5.04%
495,581.50
688.89

1.13%
(10,030.03)
Aa3 / AANR0.46

0.45 89236THA6 Toyota Motor Credit Corp Note

1.35% Due 8/25/2023
700,000.00 04/23/2021

0.43%
714,959.00
703,100.40

98.14 5.23%
686,991.20
157.50

1.56%
(16,109.20)
A1 / A+
A+

0.49 0.48
14912L5X5 Caterpillar Finance Serv Corp Note

3.75% Due 11/24/2023
1,000,000.00 05/05/2021

0.35%
1,086,390.00
1,024,815.13

99.08 5.02%
990,819.00
10,104.17

2.27%
(33,996.13)
A2 / A
A

0.74 0.71
89236THU2 Toyota Motor Credit Corp Note

0.45% Due 1/11/2024
480,000.00 09/27/2021

0.51%
479,342.40
479,751.43

95.96 5.27%
460,589.28
300.00

1.05%
(19,162.15)
A1 / A+
A+

0.87 0.85
24422EVN6 John Deere Capital Corp Note

0.45% Due 1/17/2024
1,000,000.00 05/05/2021

0.40%
1,001,230.00
1,000,401.28

95.90 5.24%
959,006.00
550.00

2.18%
(41,395.28)
A2 / A
A+

0.88 0.86
693475AV7 PNC Financial Services Callable Note
Cont 12/23/2023

3.5% Due 1/23/2024
900,000.00 07/29/2019

1.99%
957,939.00
911,594.87

98.43 5.30%
885,871.80
3,325.00

2.02%
(25,723.07)
A3 / AA0.90

0.87 17325FAS7 Citibank Callable Note Cont 12/23/2023

3.65% Due 1/23/2024
500,000.00 05/19/2021

0.53%
541,470.00
513,893.93

98.54 5.32%
492,722.50
1,926.39

1.12%
(21,171.43)
Aa3 / A+
A+

0.90 0.87
91159HHV5 US Bancorp Callable Note Cont
1/5/2024

3.375% Due 2/5/2024
1,000,000.00 05/04/2021

0.48%
1,079,130.00
1,026,795.76

98.14 5.44%
981,378.00
2,437.50

2.23%
(45,417.76)
A2 / A+
A+

0.94 0.90
Chandler Asset Management - CONFIDENTIAL Page 3 Execution Time: 3/2/2023 12:40:32 PM Holdings Report
As of February 28, 2023
City of San Rafael
Account #11045
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

CORPORATE
459200HU8 IBM Corp Note

3.625% Due 2/12/2024
1,000,000.00 05/05/2021

0.46%
1,086,900.00
1,029,853.11

98.26 5.51%
982,624.00
1,913.19

2.23%
(47,229.11)
A3 / ANR0.96

0.92 88579YBB6 3M Co. Callable Note Cont 1/14/2024

3.25% Due 2/14/2024
500,000.00 02/17/2021

0.43%
541,935.00
513,440.71

97.89 5.53%
489,473.00
767.36

1.11%
(23,967.71)
A1 / A
NR

0.96 0.93
713448CM8 Pepsico Inc. Callable Note Cont
12/01/2023

3.6% Due 3/1/2024
500,000.00 06/23/2021

0.78%
537,465.00
513,963.53

98.63 5.01%
493,150.50
9,000.00

1.14%
(20,813.03)
A1 / A+
NR

1.01 0.96
06051GHF9 Bank of America Corp Callable Note 1X
3/5/2023

3.55% Due 3/5/2024
500,000.00 07/21/2020

2.14%
535,525.00
509,935.19

99.99 5.89%
499,935.00
8,677.78

1.15%
(10,000.19)
A2 / AAA1.02

0.01 46647PAP1 JP Morgan Chase & Co Callable Note 1X
4/23/2023

3.559% Due 4/23/2024
500,000.00 02/18/2021

1.79%
534,240.00
512,367.72

99.67 5.19%
498,345.00
6,327.11

1.15%
(14,022.72)
A1 / AAA1.15

1.08 717081DM2 Pfizer Inc. Note

3.4% Due 5/15/2024
500,000.00 09/27/2021

0.55%
537,160.00
517,052.61

97.93 5.17%
489,669.00
5,005.56

1.12%
(27,383.61)
A1 / A+
A

1.21 1.16
166764BW9 Chevron Corp Callable Note Cont
4/11/2025

1.554% Due 5/11/2025
700,000.00 05/12/2022

3.20%
667,380.00
676,108.46

92.82 5.04%
649,742.80
3,323.83

1.48%
(26,365.66)
Aa2 / AANR2.20

2.11 46647PBH8 JP Morgan Chase & Co Callable Note
Mthly 3/13/2025

2.005% Due 3/13/2026
600,000.00 04/05/2022

4.06%
577,518.00
582,677.29

93.01 5.69%
558,073.80
5,614.00

1.28%
(24,603.49)
A1 / AAA3.04

1.93 Total Corporate 12,880,000.00 1.11%
13,446,558.40
13,024,980.50 5.27%
12,603,727.88
75,022.44

28.78%
(421,252.62)
A1 / A
A+

0.93 0.82

MONEY MARKET FUND
31846V807 First American Treasury MMF Class Y 999,796.03 Various

4.17%
999,796.03
999,796.03

1.00 4.17%
999,796.03

0.00 2.27%

0.00 Aaa / AA+
AAA

0.00 0.00
Total Money Market Fund 999,796.03 4.17%
999,796.03
999,796.03 4.17%
999,796.03

0.00 2.27%

0.00 Aaa / AA+
AAA

0.00 0.00
Chandler Asset Management - CONFIDENTIAL Page 4 Execution Time: 3/2/2023 12:40:32 PM Holdings Report
As of February 28, 2023
City of San Rafael
Account #11045
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

NEGOTIABLE CD
96130ASC3 Westpac Banking Corp NY Yankee CD

5.38% Due 2/16/2024
375,000.00 02/16/2023

5.34%
375,141.03
375,136.38

99.84 5.55%
374,389.88
728.54

0.85%
(746.50)
P-1 / A-1+
F-1

0.97 0.94
Total Negotiable CD 375,000.00 5.34%
375,141.03
375,136.38 5.55%
374,389.88
728.54

0.85%
(746.50)
P-1 / A-1+
F-1

0.97 0.94

US TREASURY
912828ZD5 US Treasury Note

0.5% Due 3/15/2023
1,000,000.00 12/28/2021

0.47%
1,000,315.85
1,000,010.00

99.84 4.38%
998,390.00
2,306.63

2.27%
(1,620.00)
Aaa / AA+
AAA

0.04 0.04
91282CCK5 US Treasury Note

0.125% Due 6/30/2023
800,000.00 01/13/2022

0.74%
792,846.43
798,376.02

98.41 4.91%
787,312.80
165.75

1.79%
(11,063.22)
Aaa / AA+
AAA

0.33 0.33
91282CCN9 US Treasury Note

0.125% Due 7/31/2023
1,000,000.00 01/13/2022

0.79%
989,808.04
997,253.23

97.99 4.98%
979,883.00
100.14

2.22%
(17,370.23)
Aaa / AA+
AAA

0.42 0.41
9128282D1 US Treasury Note

1.375% Due 8/31/2023
1,250,000.00 12/23/2021

0.61%
1,265,970.98
1,254,744.63

98.20 5.08%
1,227,441.25

46.71 2.79%
(27,303.38)
Aaa / AA+
AAA

0.50 0.49
91282CAW1 US Treasury Note

0.25% Due 11/15/2023
1,000,000.00 05/03/2021

0.25%
1,000,120.54
1,000,033.71

96.64 5.13%
966,406.00
732.04

2.20%
(33,627.71)
Aaa / AA+
AAA

0.71 0.69
912828U57 US Treasury Note

2.125% Due 11/30/2023
650,000.00 10/31/2019

1.67%
661,529.52
652,118.77

97.82 5.10%
635,857.30
3,453.13

1.45%
(16,261.47)
Aaa / AA+
AAA

0.75 0.73
91282CBA8 US Treasury Note

0.125% Due 12/15/2023
1,200,000.00 10/07/2021

0.33%
1,194,566.52
1,198,034.70

96.15 5.13%
1,153,827.60
313.19

2.62%
(44,207.10)
Aaa / AA+
AAA

0.79 0.77
91282CBV2 US Treasury Note

0.375% Due 4/15/2024
1,000,000.00 05/03/2021

0.33%
1,001,175.22
1,000,448.07

94.84 5.15%
948,398.00
1,411.40

2.16%
(52,050.07)
Aaa / AA+
AAA

1.13 1.10
91282CCC3 US Treasury Note

0.25% Due 5/15/2024
1,000,000.00 05/17/2021

0.35%
996,878.35
998,741.64

94.32 5.15%
943,203.00
732.04

2.14%
(55,538.64)
Aaa / AA+
AAA

1.21 1.18
912828D56 US Treasury Note

2.375% Due 8/15/2024
1,000,000.00 12/28/2021

0.91%
1,038,011.16
1,021,082.15

96.23 5.08%
962,305.00
918.51

2.19%
(58,777.15)
Aaa / AA+
AAA

1.46 1.41
9128282Y5 US Treasury Note

2.125% Due 9/30/2024
1,000,000.00 08/25/2021

0.44%
1,051,800.23
1,026,494.99

95.69 4.99%
956,875.00
8,873.63

2.19%
(69,619.99)
Aaa / AA+
AAA

1.59 1.51
912828YM6 US Treasury Note

1.5% Due 10/31/2024
1,000,000.00 12/28/2021

0.97%
1,014,925.23
1,008,771.09

94.52 4.96%
945,156.00
5,013.81

2.16%
(63,615.09)
Aaa / AA+
AAA

1.67 1.61
Chandler Asset Management - CONFIDENTIAL Page 5 Execution Time: 3/2/2023 12:40:32 PM Holdings Report
As of February 28, 2023
City of San Rafael
Account #11045
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

US TREASURY
912828YV6 US Treasury Note

1.5% Due 11/30/2024
700,000.00 09/10/2021

0.48%
722,889.06
712,446.05

94.32 4.92%
660,214.80
2,625.00

1.50%
(52,231.25)
Aaa / AA+
AAA

1.76 1.69
91282CAJ0 US Treasury Note

0.25% Due 8/31/2025
1,200,000.00 06/30/2022

3.15%
1,095,937.50
1,117,864.31

89.81 4.61%
1,077,750.00

8.15 2.45%
(40,114.31)
Aaa / AA+
AAA

2.51 2.44
91282CAM3 US Treasury Note

0.25% Due 9/30/2025
500,000.00 07/15/2022

3.12%
456,445.31
464,948.31

89.65 4.54%
448,242.00
521.98

1.02%
(16,706.31)
Aaa / AA+
AAA

2.59 2.52
9128285N6 US Treasury Note

2.875% Due 11/30/2025
500,000.00 07/15/2022

3.11%
496,212.61
496,915.46

95.74 4.54%
478,711.00
3,593.75

1.09%
(18,204.46)
Aaa / AA+
AAA

2.76 2.59
91282CGE5 US Treasury Note

3.875% Due 1/15/2026
1,000,000.00 02/06/2023

4.13%
992,929.69
993,074.65

98.28 4.52%
982,812.00
4,816.99

2.24%
(10,262.65)
Aaa / AA+
AAA

2.88 2.68
91282CBQ3 US Treasury Note

0.5% Due 2/28/2026
500,000.00 07/15/2022

3.09%
455,839.84
463,477.81

88.90 4.50%
444,511.50

6.79 1.01%
(18,966.31)
Aaa / AA+
AAA

3.00 2.91
91282CBW0 US Treasury Note

0.75% Due 4/30/2026
500,000.00 09/30/2022

4.17%
443,595.43
450,150.09

89.14 4.46%
445,722.50
1,253.45

1.01%
(4,427.59)
Aaa / AA+
AAA

3.17 3.06
9128286X3 US Treasury Note

2.125% Due 5/31/2026
500,000.00 09/30/2022

4.14%
465,958.71
469,822.99

93.07 4.44%
465,351.50
2,656.25

1.06%
(4,471.49)
Aaa / AA+
AAA

3.25 3.07
91282CCJ8 US Treasury Note

0.875% Due 6/30/2026
500,000.00 09/30/2022

4.15%
443,595.43
449,858.03

89.13 4.42%
445,625.00
725.14

1.01%
(4,233.03)
Aaa / AA+
AAA

3.34 3.22
91282CGC9 US Treasury Note

3.875% Due 12/31/2027
1,000,000.00 02/06/2023

3.84%
1,001,445.31
1,001,427.53

98.54 4.21%
985,391.00
6,422.65

2.25%
(16,036.53)
Aaa / AA+
AAA

4.84 4.33
Total US Treasury 18,800,000.00 1.58%
18,582,796.96
18,576,094.23 4.83%
17,939,386.25
46,697.13

40.82%
(636,707.98)
Aaa / AA+
AAA

1.66 1.58
TOTAL PORTFOLIO 45,319,796.03 1.70%
45,752,020.82
45,264,756.17 5.01%
43,870,229.20
188,274.00
100.00%
(1,394,526.97)
Aa1 / AA
AAA

1.39 1.25
TOTAL MARKET VALUE PLUS ACCRUED 44,058,503.20
Chandler Asset Management - CONFIDENTIAL Page 6 Execution Time: 3/2/2023 12:40:32 PM Transaction Ledger
As of February 28, 2023
City of San Rafael
Account #11045
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 02/01/2023 31846V807 11,494.99 First American Treasury MMF Class Y 1.000 3.93% 11,494.99 0.00 11,494.99 0.00 Purchase 02/05/2023 31846V807 24,375.00 First American Treasury MMF Class Y 1.000 3.93% 24,375.00 0.00 24,375.00 0.00 Purchase 02/07/2023 91282CGC9 1,000,000.00 US Treasury Note

3.875% Due 12/31/2027
100.145 3.84% 1,001,445.31 4,067.68 1,005,512.99 0.00
Purchase 02/07/2023 91282CGE5 1,000,000.00 US Treasury Note

3.875% Due 1/15/2026

99.293 4.13% 992,929.69 2,462.02 995,391.71 0.00
Purchase 02/12/2023 31846V807 18,125.00 First American Treasury MMF Class Y 1.000 3.93% 18,125.00 0.00 18,125.00 0.00 Purchase 02/14/2023 3130ATUC9 1,000,000.00 FHLB Note

4.5% Due 12/12/2025
100.472 4.32% 1,004,720.00 12,625.00 1,017,345.00 0.00
Purchase 02/14/2023 31846V807 8,125.00 First American Treasury MMF Class Y 1.000 3.93% 8,125.00 0.00 8,125.00 0.00 Purchase 02/14/2023 89239HAD0 350,000.00 Toyota Auto Receivables Owner 20222- D A3

5.3% Due 9/15/2027
101.180 4.82% 354,128.91 1,494.31 355,623.22 0.00
Purchase 02/15/2023 05593AAC3 60,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

99.998 5.22% 59,998.57 0.00 59,998.57 0.00
Purchase 02/15/2023 05593AAC3 375,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025
100.199 5.09% 375,747.07 0.00 375,747.07 0.00
Purchase 02/15/2023 31846V807 28,218.75 First American Treasury MMF Class Y 1.000 3.93% 28,218.75 0.00 28,218.75 0.00 Purchase 02/15/2023 31846V807 1,250,000.00 First American Treasury MMF Class Y 1.000 3.93% 1,250,000.00 0.00 1,250,000.00 0.00 Purchase 02/15/2023 31846V807 1,545.83 First American Treasury MMF Class Y 1.000 3.93% 1,545.83 0.00 1,545.83 0.00 Purchase 02/17/2023 31846V807 8,250.00 First American Treasury MMF Class Y 1.000 3.93% 8,250.00 0.00 8,250.00 0.00 Purchase 02/17/2023 31846V807 1,200,000.00 First American Treasury MMF Class Y 1.000 3.93% 1,200,000.00 0.00 1,200,000.00 0.00 Purchase 02/17/2023 58768PAC8 260,000.00 Mercedes-Benz Auto Receivables 2022- 1 A3

5.21% Due 8/16/2027
100.516 5.02% 261,340.63 75.26 261,415.89 0.00
Purchase 02/17/2023 96130ASC3 375,000.00 Westpac Banking Corp NY Yankee CD

5.38% Due 2/16/2024
100.038 5.34% 375,141.03 56.04 375,197.07 0.00
Purchase 02/21/2023 3133EPBF1 1,000,000.00 Federal Farm Credit Bank Note

4.875% Due 8/21/2024

99.849 4.98% 998,490.00 0.00 998,490.00 0.00
Chandler Asset Management - CONFIDENTIAL Page 7 Execution Time: 3/2/2023 12:40:32 PM Transaction Ledger
As of February 28, 2023
City of San Rafael
Account #11045
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 02/24/2023 43815JAC7 120,000.00 Honda Auto Receivables Owner 2023-1 A3

5.04% Due 4/21/2027

99.981 5.10% 119,977.70 0.00 119,977.70 0.00
Purchase 02/25/2023 31846V807 4,725.00 First American Treasury MMF Class Y 1.000 3.93% 4,725.00 0.00 4,725.00 0.00 Purchase 02/28/2023 31846V807 11,343.75 First American Treasury MMF Class Y 1.000 4.17% 11,343.75 0.00 11,343.75 0.00 Subtotal 8,106,203.32 8,110,122.23 20,780.31 8,130,902.54 0.00 Short Sale 02/17/2023 31846V807 -375,197.07 First American Treasury MMF Class Y 1.000 -375,197.07 0.00 -375,197.07 0.00 Subtotal -375,197.07 -375,197.07 0.00 -375,197.07 0.00
TOTAL ACQUISITIONS 7,731,006.25 7,734,925.16 20,780.31 7,755,705.47 0.00

DISPOSITIONS
Closing
Purchase
02/17/2023 31846V807 -375,197.07 First American Treasury MMF Class Y 1.000 -375,197.07 0.00 -375,197.07 0.00 Subtotal -375,197.07 -375,197.07 0.00 -375,197.07 0.00
Sale 02/07/2023 31846V807 2,000,904.70 First American Treasury MMF Class Y 1.000 3.93% 2,000,904.70 0.00 2,000,904.70 0.00 Sale 02/14/2023 31846V807 355,623.22 First American Treasury MMF Class Y 1.000 3.93% 355,623.22 0.00 355,623.22 0.00 Sale 02/14/2023 31846V807 1,017,345.00 First American Treasury MMF Class Y 1.000 3.93% 1,017,345.00 0.00 1,017,345.00 0.00 Sale 02/15/2023 31846V807 59,998.57 First American Treasury MMF Class Y 1.000 3.93% 59,998.57 0.00 59,998.57 0.00 Sale 02/15/2023 31846V807 375,747.07 First American Treasury MMF Class Y 1.000 3.93% 375,747.07 0.00 375,747.07 0.00 Sale 02/17/2023 31846V807 261,415.89 First American Treasury MMF Class Y 1.000 3.93% 261,415.89 0.00 261,415.89 0.00 Sale 02/17/2023 31846V807 375,197.07 First American Treasury MMF Class Y 1.000 3.93% 375,197.07 0.00 375,197.07 0.00 Sale 02/21/2023 31846V807 998,490.00 First American Treasury MMF Class Y 1.000 3.93% 998,490.00 0.00 998,490.00 0.00 Sale 02/24/2023 31846V807 119,977.70 First American Treasury MMF Class Y 1.000 3.93% 119,977.70 0.00 119,977.70 0.00 Subtotal 5,564,699.22 5,564,699.22 0.00 5,564,699.22 0.00 Paydown 02/15/2023 89239HAD0 0.00 Toyota Auto Receivables Owner 20222- D A3

5.3% Due 9/15/2027
100.000 0.00 1,545.83 1,545.83 0.00
Subtotal 0.00 0.00 1,545.83 1,545.83 0.00
Chandler Asset Management - CONFIDENTIAL Page 8 Execution Time: 3/2/2023 12:40:32 PM Transaction Ledger
As of February 28, 2023
City of San Rafael
Account #11045
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss

DISPOSITIONS
Maturity 02/15/2023 912828Z86 1,250,000.00 US Treasury Note

1.375% Due 2/15/2023
100.000 1,250,000.00 0.00 1,250,000.00 0.00
Maturity 02/17/2023 3130AJ7E3 1,200,000.00 FHLB Note

1.375% Due 2/17/2023
100.000 1,200,000.00 0.00 1,200,000.00 0.00
Subtotal 2,450,000.00 2,450,000.00 0.00 2,450,000.00 0.00 Security
Withdrawal
02/07/2023 31846V807 2,168.59 First American Treasury MMF Class Y 1.000 2,168.59 0.00 2,168.59 0.00 Security
Withdrawal
02/27/2023 31846V807 250.00 First American Treasury MMF Class Y 1.000 250.00 0.00 250.00 0.00 Subtotal 2,418.59 2,418.59 0.00 2,418.59 0.00
TOTAL DISPOSITIONS 7,641,920.74 7,641,920.74 1,545.83 7,643,466.57 0.00

OTHER TRANSACTIONS
Interest 02/05/2023 3135G0V34 600,000.00 FNMA Note

2.5% Due 2/5/2024

0.000 7,500.00 0.00 7,500.00 0.00
Interest 02/05/2023 91159HHV5 1,000,000.00 US Bancorp Callable Note Cont 1/5/2024

3.375% Due 2/5/2024

0.000 16,875.00 0.00 16,875.00 0.00
Interest 02/12/2023 459200HU8 1,000,000.00 IBM Corp Note

3.625% Due 2/12/2024

0.000 18,125.00 0.00 18,125.00 0.00
Interest 02/14/2023 88579YBB6 500,000.00 3M Co. Callable Note Cont 1/14/2024

3.25% Due 2/14/2024

0.000 8,125.00 0.00 8,125.00 0.00
Interest 02/15/2023 742718EB1 500,000.00 Procter & Gamble Co Note

3.1% Due 8/15/2023

0.000 7,750.00 0.00 7,750.00 0.00
Interest 02/15/2023 912828D56 1,000,000.00 US Treasury Note

2.375% Due 8/15/2024

0.000 11,875.00 0.00 11,875.00 0.00
Interest 02/15/2023 912828Z86 1,250,000.00 US Treasury Note

1.375% Due 2/15/2023

0.000 8,593.75 0.00 8,593.75 0.00
Interest 02/17/2023 3130AJ7E3 1,200,000.00 FHLB Note

1.375% Due 2/17/2023

0.000 8,250.00 0.00 8,250.00 0.00
Chandler Asset Management - CONFIDENTIAL Page 9 Execution Time: 3/2/2023 12:40:32 PM Transaction Ledger
As of February 28, 2023
City of San Rafael
Account #11045
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss

OTHER TRANSACTIONS
Interest 02/25/2023 89236THA6 700,000.00 Toyota Motor Credit Corp Note

1.35% Due 8/25/2023

0.000 4,725.00 0.00 4,725.00 0.00
Interest 02/28/2023 9128282D1 1,250,000.00 US Treasury Note

1.375% Due 8/31/2023

0.000 8,593.75 0.00 8,593.75 0.00
Interest 02/28/2023 91282CAJ0 1,200,000.00 US Treasury Note

0.25% Due 8/31/2025

0.000 1,500.00 0.00 1,500.00 0.00
Interest 02/28/2023 91282CBQ3 500,000.00 US Treasury Note

0.5% Due 2/28/2026

0.000 1,250.00 0.00 1,250.00 0.00
Subtotal 10,700,000.00 103,162.50 0.00 103,162.50 0.00
Dividend 02/01/2023 31846V807 4,000,710.52 First American Treasury MMF Class Y 0.000 11,494.99 0.00 11,494.99 0.00 Subtotal 4,000,710.52 11,494.99 0.00 11,494.99 0.00
TOTAL OTHER TRANSACTIONS 14,700,710.52 114,657.49 0.00 114,657.49 0.00 Chandler Asset Management - CONFIDENTIAL Page 10 Execution Time: 3/2/2023 12:40:32 PM Income Earned
As of February 28, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income

FIXED INCOME
02665WDH1 American Honda Finance
Note

1.95% Due 05/10/2023
05/05/2021
05/05/2021
1,000,000.00
1,004,201.33

0.00 0.00
1,003,000.95
4,387.50

0.00 6,012.50
1,625.00

0.00 1,200.38
(1,200.38)
424.62
424.62
037833AK6 Apple Inc
Note

2.4% Due 05/03/2023
09/19/2019
09/19/2019
500,000.00
500,473.59

0.00 0.00
500,327.87
2,933.33

0.00 3,933.33
1,000.00

0.00 145.72
(145.72)
854.28
854.28
05593AAC3 BMW Vehicle Lease Trust
2023-1 A3

5.16% Due 11/25/2025
Various
02/15/2023
435,000.00

0.00 435,745.64

0.00 435,732.07

0.00 0.00
997.60
997.60

0.03 13.60
(13.57)
984.03
984.03
06051GHF9 Bank of America Corp
Callable Note 1X 3/5/2023

3.55% Due 03/05/2024
07/21/2020
07/21/2020
500,000.00
510,687.04

0.00 0.00
509,935.19
7,198.61

0.00 8,677.78
1,479.17

0.00 751.85
(751.85)
727.32
727.32
14912L5X5 Caterpillar Finance Serv Corp
Note

3.75% Due 11/24/2023
05/05/2021
05/05/2021
1,000,000.00
1,027,407.76

0.00 0.00
1,024,815.13
6,979.17

0.00 10,104.17
3,125.00

0.00 2,592.63
(2,592.63)
532.37
532.37
166764BW9 Chevron Corp
Callable Note Cont 4/11/2025

1.554% Due 05/11/2025
05/12/2022
05/12/2022
700,000.00
675,274.34

0.00 0.00
676,108.46
2,417.33

0.00 3,323.83
906.50
834.12

0.00 834.12
1,740.62
1,740.62
17325FAS7 Citibank
Callable Note Cont 12/23/2023

3.65% Due 01/23/2024
05/19/2021
05/19/2021
500,000.00
515,080.00

0.00 0.00
513,893.93
405.56

0.00 1,926.39
1,520.83

0.00 1,186.07
(1,186.07)
334.76
334.76
24422EVN6 John Deere Capital Corp
Note

0.45% Due 01/17/2024
05/05/2021
05/05/2021
1,000,000.00
1,000,436.17

0.00 0.00
1,000,401.28
175.00

0.00 550.00
375.00

0.00 34.89
(34.89)
340.11
340.11
3130AJ7E3 FHLB
Note
Due 02/17/2023
03/11/2022
03/11/2022

0.00 1,200,079.21

0.00 1,200,000.00

0.00 7,516.67
8,250.00

0.00 733.33

0.00 79.21
(79.21)
654.12
654.12
Chandler Asset Management - CONFIDENTIAL Page 11 Execution Time: 3/2/2023 12:40:32 PM Income Earned
As of February 28, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
3130AMQQ8 FHLB
Callable Note Qtrly 12/23/2021

0.35% Due 04/23/2024
06/23/2021
06/23/2021
1,000,000.00
1,000,000.00

0.00 0.00
1,000,000.00
369.44

0.00 661.11
291.67

0.00 0.00

0.00 291.67
291.67
3130ATHT7 FHLB
Note

4.375% Due 09/12/2025
10/06/2022
10/06/2022
1,300,000.00
1,302,811.27

0.00 0.00
1,302,728.76
19,432.29

0.00 24,171.88
4,739.59

0.00 82.51
(82.51)
4,657.08
4,657.08
3130ATUC9 FHLB
Note

4.5% Due 12/12/2025
02/13/2023
02/14/2023
1,000,000.00

0.00 1,004,720.00

0.00 1,004,651.40

0.00 (12,625.00)
14,750.00
2,125.00

0.00 68.60
(68.60)
2,056.40
2,056.40
3133EMWV0 FFCB
Note

0.35% Due 04/22/2024
05/03/2021
05/03/2021
1,000,000.00
1,000,000.00

0.00 0.00
1,000,000.00
962.50

0.00 1,254.17
291.67

0.00 0.00

0.00 291.67
291.67
3133EMYR7 FFCB
Callable Note Cont 5/6/2022

0.375% Due 05/06/2024
05/06/2021
05/06/2021
1,000,000.00
1,000,000.00

0.00 0.00
1,000,000.00
885.42

0.00 1,197.92
312.50

0.00 0.00

0.00 312.50
312.50
3133EPBF1 Federal Farm Credit Bank
Note

4.875% Due 08/21/2024
02/15/2023
02/21/2023
1,000,000.00

0.00 998,490.00

0.00 998,512.08

0.00 0.00
1,354.17
1,354.17

22.08 0.00

22.08 1,376.25
1,376.25
3135G0U43 FNMA
Note

2.875% Due 09/12/2023
09/26/2019
09/26/2019
1,000,000.00
1,007,328.52

0.00 0.00
1,006,408.35
11,100.69

0.00 13,496.53
2,395.84

0.00 920.17
(920.17)
1,475.67
1,475.67
3135G0V34 FNMA
Note

2.5% Due 02/05/2024
10/24/2019
10/24/2019
600,000.00
605,013.40

0.00 0.00
604,632.98
7,333.33
7,500.00
1,083.33
1,250.00

0.00 380.42
(380.42)
869.58
869.58
3135G0V75 FNMA
Note

1.75% Due 07/02/2024
11/05/2019
11/05/2019
750,000.00
751,041.52

0.00 0.00
750,985.12
1,057.29

0.00 2,151.04
1,093.75

0.00 56.40
(56.40)
1,037.35
1,037.35
Chandler Asset Management - CONFIDENTIAL Page 12 Execution Time: 3/2/2023 12:40:32 PM Income Earned
As of February 28, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
3136G46B4 FNMA
Callable Note Qtrly 01/26/2024

0.35% Due 04/26/2024
10/30/2020
10/30/2020
1,200,000.00
1,199,894.03

0.00 0.00
1,199,900.63
1,108.33

0.00 1,458.33
350.00

6.60 0.00

6.60 356.60
356.60
3137EAEQ8 FHLMC
Note

0.375% Due 04/20/2023
12/23/2021
12/23/2021
1,250,000.00
1,249,713.15

0.00 0.00
1,249,816.12
1,315.10

0.00 1,705.73
390.63
102.97

0.00 102.97
493.60
493.60
43815JAC7 Honda Auto Receivables Owner
2023-1 A3

5.04% Due 04/21/2027
02/16/2023
02/24/2023
120,000.00

0.00 119,977.70

0.00 119,977.80

0.00 0.00
117.60
117.60

0.10 0.00

0.10 117.70
117.70
459200HU8 IBM Corp
Note

3.625% Due 02/12/2024
05/05/2021
05/05/2021
1,000,000.00
1,032,255.08

0.00 0.00
1,029,853.11
17,017.36
18,125.00
1,913.19
3,020.83

0.00 2,401.97
(2,401.97)
618.86
618.86
46647PAP1 JP Morgan Chase & Co
Callable Note 1X 4/23/2023

3.559% Due 04/23/2024
02/18/2021
02/18/2021
500,000.00
513,194.21

0.00 0.00
512,367.72
4,844.19

0.00 6,327.11
1,482.92

0.00 826.49
(826.49)
656.43
656.43
46647PBH8 JP Morgan Chase & Co
Callable Note Mthly 3/13/2025

2.005% Due 03/13/2026
04/05/2022
04/05/2022
600,000.00
582,239.53

0.00 0.00
582,677.29
4,611.50

0.00 5,614.00
1,002.50
437.76

0.00 437.76
1,440.26
1,440.26
58768PAC8 Mercedes-Benz Auto Receivables
2022-1 A3

5.21% Due 08/16/2027
02/15/2023
02/17/2023
260,000.00

0.00 261,340.63

0.00 261,327.03

0.00 (75.26)
602.04
526.78

0.00 13.60
(13.60)
513.18
513.18
693475AV7 PNC Financial Services
Callable Note Cont 12/23/2023

3.5% Due 01/23/2024
07/29/2019
07/29/2019
900,000.00
912,584.68

0.00 0.00
911,594.87
700.00

0.00 3,325.00
2,625.00

0.00 989.81
(989.81)
1,635.19
1,635.19
713448CM8 Pepsico Inc.

Callable Note Cont 12/01/2023

3.6% Due 03/01/2024
06/23/2021
06/23/2021
500,000.00
515,031.78

0.00 0.00
513,963.53
7,500.00

0.00 9,000.00
1,500.00

0.00 1,068.25
(1,068.25)
431.75
431.75
Chandler Asset Management - CONFIDENTIAL Page 13 Execution Time: 3/2/2023 12:40:32 PM Income Earned
As of February 28, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
717081DM2 Pfizer Inc.

Note

3.4% Due 05/15/2024
09/27/2021
09/27/2021
500,000.00
518,135.32

0.00 0.00
517,052.61
3,588.89

0.00 5,005.56
1,416.67

0.00 1,082.71
(1,082.71)
333.96
333.96
742718EB1 Procter & Gamble Co
Note

3.1% Due 08/15/2023
12/15/2021
12/15/2021
500,000.00
506,552.38

0.00 0.00
505,611.53
7,147.22
7,750.00
688.89
1,291.67

0.00 940.85
(940.85)
350.82
350.82
88579YBB6 3M Co.

Callable Note Cont 1/14/2024

3.25% Due 02/14/2024
02/17/2021
02/17/2021
500,000.00
514,515.96

0.00 0.00
513,440.71
7,538.19
8,125.00
767.36
1,354.17

0.00 1,075.25
(1,075.25)
278.92
278.92
89236THA6 Toyota Motor Credit Corp
Note

1.35% Due 08/25/2023
04/23/2021
04/23/2021
700,000.00
703,590.86

0.00 0.00
703,100.40
4,095.00
4,725.00
157.50
787.50

0.00 490.46
(490.46)
297.04
297.04
89236THU2 Toyota Motor Credit Corp
Note

0.45% Due 01/11/2024
09/27/2021
09/27/2021
480,000.00
479,729.41

0.00 0.00
479,751.43
120.00

0.00 300.00
180.00

22.02 0.00

22.02 202.02
202.02
89239HAD0 Toyota Auto Receivables Owner
20222-D A3

5.3% Due 09/15/2027
02/10/2023
02/14/2023
350,000.00

0.00 354,128.91

0.00 354,076.69

0.00 51.52
824.44
875.96

0.00 52.22
(52.22)
823.74
823.74
91159HHV5 US Bancorp
Callable Note Cont 1/5/2024

3.375% Due 02/05/2024
05/04/2021
05/04/2021
1,000,000.00
1,028,996.00

0.00 0.00
1,026,795.76
16,500.00
16,875.00
2,437.50
2,812.50

0.00 2,200.24
(2,200.24)
612.26
612.26
9128282D1 US Treasury
Note

1.375% Due 08/31/2023
12/23/2021
12/23/2021
1,250,000.00
1,255,470.58

0.00 0.00
1,254,744.63
7,311.81
8,593.75

46.71 1,328.65

0.00 725.95
(725.95)
602.70
602.70
9128282Y5 US Treasury
Note

2.125% Due 09/30/2024
08/25/2021
08/25/2021
1,000,000.00
1,027,776.27

0.00 0.00
1,026,494.99
7,239.01

0.00 8,873.63
1,634.62

0.00 1,281.28
(1,281.28)
353.34
353.34
Chandler Asset Management - CONFIDENTIAL Page 14 Execution Time: 3/2/2023 12:40:32 PM Income Earned
As of February 28, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
9128285N6 US Treasury
Note

2.875% Due 11/30/2025
07/15/2022
07/15/2022
500,000.00
496,829.52

0.00 0.00
496,915.46
2,487.98

0.00 3,593.75
1,105.77

85.94 0.00

85.94 1,191.71
1,191.71
9128286X3 US Treasury
Note

2.125% Due 05/31/2026
09/30/2022
09/30/2022
500,000.00
469,111.15

0.00 0.00
469,822.99
1,838.94

0.00 2,656.25
817.31
711.84

0.00 711.84
1,529.15
1,529.15
912828D56 US Treasury
Note

2.375% Due 08/15/2024
12/28/2021
12/28/2021
1,000,000.00
1,022,189.66

0.00 0.00
1,021,082.15
10,971.47
11,875.00
918.51
1,822.04

0.00 1,107.51
(1,107.51)
714.53
714.53
912828U57 US Treasury
Note

2.125% Due 11/30/2023
10/31/2019
10/31/2019
650,000.00
652,335.29

0.00 0.00
652,118.77
2,390.63

0.00 3,453.13
1,062.50

0.00 216.52
(216.52)
845.98
845.98
912828YM6 US Treasury
Note

1.5% Due 10/31/2024
12/28/2021
12/28/2021
1,000,000.00
1,009,173.70

0.00 0.00
1,008,771.09
3,853.59

0.00 5,013.81
1,160.22

0.00 402.61
(402.61)
757.61
757.61
912828YV6 US Treasury
Note

1.5% Due 11/30/2024
09/10/2021
09/10/2021
700,000.00
712,990.56

0.00 0.00
712,446.05
1,817.31

0.00 2,625.00
807.69

0.00 544.51
(544.51)
263.18
263.18
912828Z86 US Treasury
Note
Due 02/15/2023
12/23/2021
12/23/2021

0.00 1,250,465.11

0.00 1,250,000.00

0.00 7,939.88
8,593.75

0.00 653.87

0.00 465.11
(465.11)
188.76
188.76
912828ZD5 US Treasury
Note

0.5% Due 03/15/2023
12/28/2021
12/28/2021
1,000,000.00
1,000,030.01

0.00 0.00
1,000,010.00
1,919.89

0.00 2,306.63
386.74

0.00 20.01
(20.01)
366.73
366.73
91282CAJ0 US Treasury
Note

0.25% Due 08/31/2025
06/30/2022
06/30/2022
1,200,000.00
1,115,348.12

0.00 0.00
1,117,864.31
1,276.24
1,500.00

8.15 231.91
2,516.19

0.00 2,516.19
2,748.10
2,748.10
Chandler Asset Management - CONFIDENTIAL Page 15 Execution Time: 3/2/2023 12:40:32 PM Income Earned
As of February 28, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
91282CAM3 US Treasury
Note

0.25% Due 09/30/2025
07/15/2022
07/15/2022
500,000.00
463,908.65

0.00 0.00
464,948.31
425.82

0.00 521.98

96.16 1,039.66

0.00 1,039.66
1,135.82
1,135.82
91282CAW1 US Treasury
Note

0.25% Due 11/15/2023
05/03/2021
05/03/2021
1,000,000.00
1,000,037.36

0.00 0.00
1,000,033.71
538.67

0.00 732.04
193.37

0.00 3.65
(3.65)
189.72
189.72
91282CBA8 US Treasury
Note

0.125% Due 12/15/2023
10/07/2021
10/07/2021
1,200,000.00
1,197,844.29

0.00 0.00
1,198,034.70
197.80

0.00 313.19
115.39
190.41

0.00 190.41
305.80
305.80
91282CBQ3 US Treasury
Note

0.5% Due 02/28/2026
07/15/2022
07/15/2022
500,000.00
462,543.91

0.00 0.00
463,477.81
1,063.54
1,250.00

6.79 193.25
933.90

0.00 933.90
1,127.15
1,127.15
91282CBV2 US Treasury
Note

0.375% Due 04/15/2024
05/03/2021
05/03/2021
1,000,000.00
1,000,478.59

0.00 0.00
1,000,448.07
1,122.94

0.00 1,411.40
288.46

0.00 30.52
(30.52)
257.94
257.94
91282CBW0 US Treasury
Note

0.75% Due 04/30/2026
09/30/2022
09/30/2022
500,000.00
448,942.65

0.00 0.00
450,150.09
963.40

0.00 1,253.45
290.05
1,207.44

0.00 1,207.44
1,497.49
1,497.49
91282CCC3 US Treasury
Note

0.25% Due 05/15/2024
05/17/2021
05/17/2021
1,000,000.00
998,661.74

0.00 0.00
998,741.64
538.67

0.00 732.04
193.37

79.90 0.00

79.90 273.27
273.27
91282CCJ8 US Treasury
Note

0.875% Due 06/30/2026
09/30/2022
09/30/2022
500,000.00
448,704.39

0.00 0.00
449,858.03
386.74

0.00 725.14
338.40
1,153.64

0.00 1,153.64
1,492.04
1,492.04
91282CCK5 US Treasury
Note

0.125% Due 06/30/2023
01/13/2022
01/13/2022
800,000.00
798,000.22

0.00 0.00
798,376.02

88.40 0.00
165.75

77.35 375.80

0.00 375.80
453.15
453.15
Chandler Asset Management - CONFIDENTIAL Page 16 Execution Time: 3/2/2023 12:40:32 PM Income Earned
As of February 28, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
91282CCN9 US Treasury
Note

0.125% Due 07/31/2023
01/13/2022
01/13/2022
1,000,000.00
996,747.25

0.00 0.00
997,253.23

3.45 0.00
100.14

96.69 505.98

0.00 505.98
602.67
602.67
91282CGC9 US Treasury
Note

3.875% Due 12/31/2027
02/06/2023
02/07/2023
1,000,000.00

0.00 1,001,445.31

0.00 1,001,427.53

0.00 (4,067.68)
6,422.65
2,354.97

0.00 17.78
(17.78)
2,337.19
2,337.19
91282CGE5 US Treasury
Note

3.875% Due 01/15/2026
02/06/2023
02/07/2023
1,000,000.00

0.00 992,929.69

0.00 993,074.65

0.00 (2,462.02)
4,816.99
2,354.97
144.96

0.00 144.96
2,499.93
2,499.93
931142DH3 Wal-Mart Stores
Callable Note Cont 1/11/2023

2.55% Due 04/11/2023
09/19/2019
09/19/2019
500,000.00
500,485.92

0.00 0.00
500,288.73
3,895.83

0.00 4,958.33
1,062.50

0.00 197.19
(197.19)
865.31
865.31
Total Fixed Income 43,945,000.00
41,184,341.48
5,168,777.88
2,450,000.00
43,889,823.76
207,511.92
83,984.06
187,545.46
64,017.60
10,371.34
23,666.94
(13,295.60)
50,722.00 50,722.00

CASH & EQUIVALENT
31846V807 First American
Treasury MMF Class Y
Various
Various
999,796.03
4,000,710.52
2,191,006.25
5,191,920.74
999,796.03

0.00 11,494.99

0.00 11,494.99

0.00 0.00

0.00 11,494.99
11,494.99
Chandler Asset Management - CONFIDENTIAL Page 17 Execution Time: 3/2/2023 12:40:32 PM Income Earned
As of February 28, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
96130ASC3 Westpac Banking Corp NY
Yankee CD

5.38% Due 02/16/2024
02/16/2023
02/17/2023
375,000.00

0.00 375,141.03

0.00 375,136.38

0.00 (56.04)
728.54
672.50

0.00 4.65
(4.65)
667.85
667.85
Total Cash & Equivalent 1,374,796.03
4,000,710.52
2,566,147.28
5,191,920.74
1,374,932.41

0.00 11,438.95
728.54
12,167.49

0.00 4.65
(4.65)
12,162.84 12,162.84
TOTAL PORTFOLIO 45,319,796.03
45,185,052.00
7,734,925.16
7,641,920.74
45,264,756.17
207,511.92
95,423.01
188,274.00
76,185.09
10,371.34
23,671.59
(13,300.25)
62,884.84 62,884.84
Chandler Asset Management - CONFIDENTIAL Page 18 Execution Time: 3/2/2023 12:40:32 PM Cash Flow Report
As of February 28, 2023
City of San Rafael
Account #11045
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/01/2023 Interest 713448CM8 500,000.00 Pepsico Inc. Callable Note Cont 12/01/2023

3.6% Due 3/1/2024

0.00 9,000.00 9,000.00
03/02/2023 Purchase 47800CAC0 680,000.00 John Deere Owner Trust 2023-A A3

5.01% Due 11/15/2027
-680,204.18 0.00 -680,204.18
03/02/2023 Sale 31846V807 680,204.18 First American Treasury MMF Class Y 680,204.18 0.00 680,204.18 03/05/2023 Interest 06051GHF9 500,000.00 Bank of America Corp Callable Note 1X 3/5/2023

3.55% Due 3/5/2024

0.00 8,875.00 8,875.00
03/12/2023 Interest 3130ATHT7 1,300,000.00 FHLB Note

4.375% Due 9/12/2025

0.00 25,909.72 25,909.72
03/12/2023 Interest 3135G0U43 1,000,000.00 FNMA Note

2.875% Due 9/12/2023

0.00 14,375.00 14,375.00
03/13/2023 Interest 46647PBH8 600,000.00 JP Morgan Chase & Co Callable Note Mthly 3/13/2025

2.005% Due 3/13/2026

0.00 6,015.00 6,015.00
03/15/2023 Maturity 912828ZD5 1,000,000.00 US Treasury Note

0.5% Due 3/15/2023
1,000,000.00 2,500.00 1,002,500.00
03/15/2023 Paydown 89239HAD0 350,000.00 Toyota Auto Receivables Owner 20222-D A3

5.3% Due 9/15/2027

0.00 1,545.83 1,545.83
03/15/2023 Paydown 58768PAC8 260,000.00 Mercedes-Benz Auto Receivables 2022-1 A3

5.21% Due 8/16/2027

0.00 1,128.83 1,128.83
03/21/2023 Paydown 43815JAC7 120,000.00 Honda Auto Receivables Owner 2023-1 A3

5.04% Due 4/21/2027

0.00 453.60 453.60
03/25/2023 Paydown 05593AAC3 435,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 2,494.00 2,494.00
03/31/2023 Interest 91282CAM3 500,000.00 US Treasury Note

0.25% Due 9/30/2025

0.00 625.00 625.00
03/31/2023 Interest 9128282Y5 1,000,000.00 US Treasury Note

2.125% Due 9/30/2024

0.00 10,625.00 10,625.00
MAR 2023 1,000,000.00 83,546.98 1,083,546.98
04/11/2023 Maturity 931142DH3 500,000.00 Wal-Mart Stores Callable Note Cont 1/11/2023

2.55% Due 4/11/2023
500,000.00 6,375.00 506,375.00
04/15/2023 Interest 91282CBV2 1,000,000.00 US Treasury Note

0.375% Due 4/15/2024

0.00 1,875.00 1,875.00
Chandler Asset Management - CONFIDENTIAL Page 19 Execution Time: 3/2/2023 12:40:32 PM Cash Flow Report
As of February 28, 2023
City of San Rafael
Account #11045
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/15/2023 Paydown 58768PAC8 260,000.00 Mercedes-Benz Auto Receivables 2022-1 A3

5.21% Due 8/16/2027

0.00 1,128.83 1,128.83
04/15/2023 Paydown 89239HAD0 350,000.00 Toyota Auto Receivables Owner 20222-D A3

5.3% Due 9/15/2027

0.00 1,545.83 1,545.83
04/20/2023 Maturity 3137EAEQ8 1,250,000.00 FHLMC Note

0.375% Due 4/20/2023
1,250,000.00 2,343.75 1,252,343.75
04/21/2023 Paydown 43815JAC7 120,000.00 Honda Auto Receivables Owner 2023-1 A3

5.04% Due 4/21/2027

0.00 504.00 504.00
04/22/2023 Interest 3133EMWV0 1,000,000.00 FFCB Note

0.35% Due 4/22/2024

0.00 1,750.00 1,750.00
04/23/2023 Interest 46647PAP1 500,000.00 JP Morgan Chase & Co Callable Note 1X 4/23/2023

3.559% Due 4/23/2024

0.00 8,897.50 8,897.50
04/25/2023 Paydown 05593AAC3 435,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 1,870.50 1,870.50
04/26/2023 Interest 3136G46B4 1,200,000.00 FNMA Callable Note Qtrly 01/26/2024

0.35% Due 4/26/2024

0.00 2,100.00 2,100.00
04/30/2023 Interest 912828YM6 1,000,000.00 US Treasury Note

1.5% Due 10/31/2024

0.00 7,500.00 7,500.00
04/30/2023 Interest 91282CBW0 500,000.00 US Treasury Note

0.75% Due 4/30/2026

0.00 1,875.00 1,875.00
APR 2023 1,750,000.00 37,765.41 1,787,765.41
05/03/2023 Maturity 037833AK6 500,000.00 Apple Inc Note

2.4% Due 5/3/2023
500,000.00 6,000.00 506,000.00
05/06/2023 Interest 3133EMYR7 1,000,000.00 FFCB Callable Note Cont 5/6/2022

0.375% Due 5/6/2024

0.00 1,875.00 1,875.00
05/10/2023 Maturity 02665WDH1 1,000,000.00 American Honda Finance Note

1.95% Due 5/10/2023
1,000,000.00 9,750.00 1,009,750.00
05/11/2023 Interest 166764BW9 700,000.00 Chevron Corp Callable Note Cont 4/11/2025

1.554% Due 5/11/2025

0.00 5,439.00 5,439.00
05/15/2023 Interest 91282CCC3 1,000,000.00 US Treasury Note

0.25% Due 5/15/2024

0.00 1,250.00 1,250.00
05/15/2023 Interest 91282CAW1 1,000,000.00 US Treasury Note

0.25% Due 11/15/2023

0.00 1,250.00 1,250.00
Chandler Asset Management - CONFIDENTIAL Page 20 Execution Time: 3/2/2023 12:40:32 PM Cash Flow Report
As of February 28, 2023
City of San Rafael
Account #11045
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/15/2023 Interest 717081DM2 500,000.00 Pfizer Inc. Note

3.4% Due 5/15/2024

0.00 8,500.00 8,500.00
05/15/2023 Paydown 58768PAC8 260,000.00 Mercedes-Benz Auto Receivables 2022-1 A3

5.21% Due 8/16/2027

0.00 1,128.83 1,128.83
05/15/2023 Paydown 89239HAD0 350,000.00 Toyota Auto Receivables Owner 20222-D A3

5.3% Due 9/15/2027

0.00 1,545.83 1,545.83
05/21/2023 Paydown 43815JAC7 120,000.00 Honda Auto Receivables Owner 2023-1 A3

5.04% Due 4/21/2027

0.00 504.00 504.00
05/24/2023 Interest 14912L5X5 1,000,000.00 Caterpillar Finance Serv Corp Note

3.75% Due 11/24/2023

0.00 18,750.00 18,750.00
05/25/2023 Paydown 05593AAC3 435,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 1,870.50 1,870.50
05/31/2023 Interest 9128286X3 500,000.00 US Treasury Note

2.125% Due 5/31/2026

0.00 5,312.50 5,312.50
05/31/2023 Interest 9128285N6 500,000.00 US Treasury Note

2.875% Due 11/30/2025

0.00 7,187.50 7,187.50
05/31/2023 Interest 912828YV6 700,000.00 US Treasury Note

1.5% Due 11/30/2024

0.00 5,250.00 5,250.00
05/31/2023 Interest 912828U57 650,000.00 US Treasury Note

2.125% Due 11/30/2023

0.00 6,906.25 6,906.25
MAY 2023 1,500,000.00 82,519.41 1,582,519.41
06/05/2023 Interest 06051GHF9 500,000.00 Bank of America Corp Callable Note 1X 3/5/2023

3.55% Due 3/5/2024

0.00 7,399.24 7,399.24
06/12/2023 Interest 3130ATUC9 1,000,000.00 FHLB Note

4.5% Due 12/12/2025

0.00 27,375.00 27,375.00
06/15/2023 Interest 91282CBA8 1,200,000.00 US Treasury Note

0.125% Due 12/15/2023

0.00 750.00 750.00
06/15/2023 Paydown 58768PAC8 260,000.00 Mercedes-Benz Auto Receivables 2022-1 A3

5.21% Due 8/16/2027

0.00 1,128.83 1,128.83
06/15/2023 Paydown 89239HAD0 350,000.00 Toyota Auto Receivables Owner 20222-D A3

5.3% Due 9/15/2027

0.00 1,545.83 1,545.83
06/21/2023 Paydown 43815JAC7 120,000.00 Honda Auto Receivables Owner 2023-1 A3

5.04% Due 4/21/2027

0.00 504.00 504.00
Chandler Asset Management - CONFIDENTIAL Page 21 Execution Time: 3/2/2023 12:40:32 PM Cash Flow Report
As of February 28, 2023
City of San Rafael
Account #11045
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 06/23/2023 Interest 3130AMQQ8 1,000,000.00 FHLB Callable Note Qtrly 12/23/2021

0.35% Due 4/23/2024

0.00 1,750.00 1,750.00
06/25/2023 Paydown 05593AAC3 435,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 1,870.50 1,870.50
06/30/2023 Interest 91282CGC9 1,000,000.00 US Treasury Note

3.875% Due 12/31/2027

0.00 19,375.00 19,375.00
06/30/2023 Interest 91282CCJ8 500,000.00 US Treasury Note

0.875% Due 6/30/2026

0.00 2,187.50 2,187.50
06/30/2023 Maturity 91282CCK5 800,000.00 US Treasury Note

0.125% Due 6/30/2023
800,000.00 500.00 800,500.00
JUN 2023 800,000.00 64,385.90 864,385.90
07/02/2023 Interest 3135G0V75 750,000.00 FNMA Note

1.75% Due 7/2/2024

0.00 6,562.50 6,562.50
07/11/2023 Interest 89236THU2 480,000.00 Toyota Motor Credit Corp Note

0.45% Due 1/11/2024

0.00 1,080.00 1,080.00
07/15/2023 Interest 91282CGE5 1,000,000.00 US Treasury Note

3.875% Due 1/15/2026

0.00 19,375.00 19,375.00
07/15/2023 Paydown 58768PAC8 260,000.00 Mercedes-Benz Auto Receivables 2022-1 A3

5.21% Due 8/16/2027

0.00 1,128.83 1,128.83
07/15/2023 Paydown 89239HAD0 350,000.00 Toyota Auto Receivables Owner 20222-D A3

5.3% Due 9/15/2027

0.00 1,545.83 1,545.83
07/17/2023 Interest 24422EVN6 1,000,000.00 John Deere Capital Corp Note

0.45% Due 1/17/2024

0.00 2,250.00 2,250.00
07/21/2023 Paydown 43815JAC7 120,000.00 Honda Auto Receivables Owner 2023-1 A3

5.04% Due 4/21/2027

0.00 504.00 504.00
07/23/2023 Interest 17325FAS7 500,000.00 Citibank Callable Note Cont 12/23/2023

3.65% Due 1/23/2024

0.00 9,125.00 9,125.00
07/23/2023 Interest 46647PAP1 500,000.00 JP Morgan Chase & Co Callable Note 1X 4/23/2023

3.559% Due 4/23/2024

0.00 6,269.81 6,269.81
07/23/2023 Interest 693475AV7 900,000.00 PNC Financial Services Callable Note Cont 12/23/2023

3.5% Due 1/23/2024

0.00 15,750.00 15,750.00
07/25/2023 Paydown 05593AAC3 435,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 1,870.50 1,870.50
Chandler Asset Management - CONFIDENTIAL Page 22 Execution Time: 3/2/2023 12:40:32 PM Cash Flow Report
As of February 28, 2023
City of San Rafael
Account #11045
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/31/2023 Maturity 91282CCN9 1,000,000.00 US Treasury Note

0.125% Due 7/31/2023
1,000,000.00 625.00 1,000,625.00
JUL 2023 1,000,000.00 66,086.47 1,066,086.47
08/05/2023 Interest 3135G0V34 600,000.00 FNMA Note

2.5% Due 2/5/2024

0.00 7,500.00 7,500.00
08/05/2023 Interest 91159HHV5 1,000,000.00 US Bancorp Callable Note Cont 1/5/2024

3.375% Due 2/5/2024

0.00 16,875.00 16,875.00
08/12/2023 Interest 459200HU8 1,000,000.00 IBM Corp Note

3.625% Due 2/12/2024

0.00 18,125.00 18,125.00
08/14/2023 Interest 88579YBB6 500,000.00 3M Co. Callable Note Cont 1/14/2024

3.25% Due 2/14/2024

0.00 8,125.00 8,125.00
08/15/2023 Interest 912828D56 1,000,000.00 US Treasury Note

2.375% Due 8/15/2024

0.00 11,875.00 11,875.00
08/15/2023 Maturity 742718EB1 500,000.00 Procter & Gamble Co Note

3.1% Due 8/15/2023
500,000.00 7,750.00 507,750.00
08/15/2023 Paydown 89239HAD0 350,000.00 Toyota Auto Receivables Owner 20222-D A3

5.3% Due 9/15/2027

0.00 1,545.83 1,545.83
08/15/2023 Paydown 58768PAC8 260,000.00 Mercedes-Benz Auto Receivables 2022-1 A3

5.21% Due 8/16/2027

0.00 1,128.83 1,128.83
08/21/2023 Interest 3133EPBF1 1,000,000.00 Federal Farm Credit Bank Note

4.875% Due 8/21/2024

0.00 24,375.00 24,375.00
08/21/2023 Paydown 43815JAC7 120,000.00 Honda Auto Receivables Owner 2023-1 A3

5.04% Due 4/21/2027

0.00 504.00 504.00
08/25/2023 Maturity 89236THA6 700,000.00 Toyota Motor Credit Corp Note

1.35% Due 8/25/2023
700,000.00 4,725.00 704,725.00
08/25/2023 Paydown 05593AAC3 435,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 1,870.50 1,870.50
08/31/2023 Interest 91282CAJ0 1,200,000.00 US Treasury Note

0.25% Due 8/31/2025

0.00 1,500.00 1,500.00
08/31/2023 Interest 91282CBQ3 500,000.00 US Treasury Note

0.5% Due 2/28/2026

0.00 1,250.00 1,250.00
08/31/2023 Maturity 9128282D1 1,250,000.00 US Treasury Note

1.375% Due 8/31/2023
1,250,000.00 8,593.75 1,258,593.75
Chandler Asset Management - CONFIDENTIAL Page 23 Execution Time: 3/2/2023 12:40:32 PM Cash Flow Report
As of February 28, 2023
City of San Rafael
Account #11045
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount AUG 2023 2,450,000.00 115,742.91 2,565,742.91
09/01/2023 Interest 713448CM8 500,000.00 Pepsico Inc. Callable Note Cont 12/01/2023

3.6% Due 3/1/2024

0.00 9,000.00 9,000.00
09/05/2023 Interest 06051GHF9 500,000.00 Bank of America Corp Callable Note 1X 3/5/2023

3.55% Due 3/5/2024

0.00 7,479.38 7,479.38
09/12/2023 Interest 3130ATHT7 1,300,000.00 FHLB Note

4.375% Due 9/12/2025

0.00 28,437.50 28,437.50
09/12/2023 Maturity 3135G0U43 1,000,000.00 FNMA Note

2.875% Due 9/12/2023
1,000,000.00 14,375.00 1,014,375.00
09/13/2023 Interest 46647PBH8 600,000.00 JP Morgan Chase & Co Callable Note Mthly 3/13/2025

2.005% Due 3/13/2026

0.00 6,015.00 6,015.00
09/15/2023 Paydown 58768PAC8 260,000.00 Mercedes-Benz Auto Receivables 2022-1 A3

5.21% Due 8/16/2027

0.00 1,128.83 1,128.83
09/15/2023 Paydown 89239HAD0 350,000.00 Toyota Auto Receivables Owner 20222-D A3

5.3% Due 9/15/2027

0.00 1,545.83 1,545.83
09/21/2023 Paydown 43815JAC7 120,000.00 Honda Auto Receivables Owner 2023-1 A3

5.04% Due 4/21/2027

0.00 504.00 504.00
09/25/2023 Paydown 05593AAC3 435,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 1,870.50 1,870.50
09/30/2023 Interest 91282CAM3 500,000.00 US Treasury Note

0.25% Due 9/30/2025

0.00 625.00 625.00
09/30/2023 Interest 9128282Y5 1,000,000.00 US Treasury Note

2.125% Due 9/30/2024

0.00 10,625.00 10,625.00
SEP 2023 1,000,000.00 81,606.04 1,081,606.04
10/15/2023 Interest 91282CBV2 1,000,000.00 US Treasury Note

0.375% Due 4/15/2024

0.00 1,875.00 1,875.00
10/15/2023 Paydown 58768PAC8 260,000.00 Mercedes-Benz Auto Receivables 2022-1 A3

5.21% Due 8/16/2027

0.00 1,128.83 1,128.83
10/15/2023 Paydown 89239HAD0 350,000.00 Toyota Auto Receivables Owner 20222-D A3

5.3% Due 9/15/2027

0.00 1,545.83 1,545.83
10/21/2023 Paydown 43815JAC7 120,000.00 Honda Auto Receivables Owner 2023-1 A3

5.04% Due 4/21/2027

0.00 504.00 504.00
Chandler Asset Management - CONFIDENTIAL Page 24 Execution Time: 3/2/2023 12:40:32 PM Cash Flow Report
As of February 28, 2023
City of San Rafael
Account #11045
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/22/2023 Interest 3133EMWV0 1,000,000.00 FFCB Note

0.35% Due 4/22/2024

0.00 1,750.00 1,750.00
10/23/2023 Interest 46647PAP1 500,000.00 JP Morgan Chase & Co Callable Note 1X 4/23/2023

3.559% Due 4/23/2024

0.00 6,338.71 6,338.71
10/25/2023 Paydown 05593AAC3 435,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 1,870.50 1,870.50
10/26/2023 Interest 3136G46B4 1,200,000.00 FNMA Callable Note Qtrly 01/26/2024

0.35% Due 4/26/2024

0.00 2,100.00 2,100.00
10/31/2023 Interest 912828YM6 1,000,000.00 US Treasury Note

1.5% Due 10/31/2024

0.00 7,500.00 7,500.00
10/31/2023 Interest 91282CBW0 500,000.00 US Treasury Note

0.75% Due 4/30/2026

0.00 1,875.00 1,875.00
OCT 2023 0.00 26,487.87 26,487.87
11/06/2023 Interest 3133EMYR7 1,000,000.00 FFCB Callable Note Cont 5/6/2022

0.375% Due 5/6/2024

0.00 1,875.00 1,875.00
11/11/2023 Interest 166764BW9 700,000.00 Chevron Corp Callable Note Cont 4/11/2025

1.554% Due 5/11/2025

0.00 5,439.00 5,439.00
11/15/2023 Interest 91282CCC3 1,000,000.00 US Treasury Note

0.25% Due 5/15/2024

0.00 1,250.00 1,250.00
11/15/2023 Interest 717081DM2 500,000.00 Pfizer Inc. Note

3.4% Due 5/15/2024

0.00 8,500.00 8,500.00
11/15/2023 Maturity 91282CAW1 1,000,000.00 US Treasury Note

0.25% Due 11/15/2023
1,000,000.00 1,250.00 1,001,250.00
11/15/2023 Paydown 58768PAC8 260,000.00 Mercedes-Benz Auto Receivables 2022-1 A3

5.21% Due 8/16/2027

0.00 1,128.83 1,128.83
11/15/2023 Paydown 89239HAD0 350,000.00 Toyota Auto Receivables Owner 20222-D A3

5.3% Due 9/15/2027

0.00 1,545.83 1,545.83
11/21/2023 Paydown 43815JAC7 120,000.00 Honda Auto Receivables Owner 2023-1 A3

5.04% Due 4/21/2027

0.00 504.00 504.00
11/24/2023 Maturity 14912L5X5 1,000,000.00 Caterpillar Finance Serv Corp Note

3.75% Due 11/24/2023
1,000,000.00 18,750.00 1,018,750.00
11/25/2023 Paydown 05593AAC3 435,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 1,870.50 1,870.50
Chandler Asset Management - CONFIDENTIAL Page 25 Execution Time: 3/2/2023 12:40:32 PM Cash Flow Report
As of February 28, 2023
City of San Rafael
Account #11045
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/30/2023 Interest 9128285N6 500,000.00 US Treasury Note

2.875% Due 11/30/2025

0.00 7,187.50 7,187.50
11/30/2023 Interest 9128286X3 500,000.00 US Treasury Note

2.125% Due 5/31/2026

0.00 5,312.50 5,312.50
11/30/2023 Interest 912828YV6 700,000.00 US Treasury Note

1.5% Due 11/30/2024

0.00 5,250.00 5,250.00
11/30/2023 Maturity 912828U57 650,000.00 US Treasury Note

2.125% Due 11/30/2023
650,000.00 6,906.25 656,906.25
NOV 2023 2,650,000.00 66,769.41 2,716,769.41
12/05/2023 Interest 06051GHF9 500,000.00 Bank of America Corp Callable Note 1X 3/5/2023

3.55% Due 3/5/2024

0.00 7,398.09 7,398.09
12/12/2023 Interest 3130ATUC9 1,000,000.00 FHLB Note

4.5% Due 12/12/2025

0.00 22,500.00 22,500.00
12/15/2023 Maturity 91282CBA8 1,200,000.00 US Treasury Note

0.125% Due 12/15/2023
1,200,000.00 750.00 1,200,750.00
12/15/2023 Paydown 58768PAC8 260,000.00 Mercedes-Benz Auto Receivables 2022-1 A3

5.21% Due 8/16/2027

0.00 1,128.83 1,128.83
12/15/2023 Paydown 89239HAD0 350,000.00 Toyota Auto Receivables Owner 20222-D A3

5.3% Due 9/15/2027

0.00 1,545.83 1,545.83
12/21/2023 Paydown 43815JAC7 120,000.00 Honda Auto Receivables Owner 2023-1 A3

5.04% Due 4/21/2027

0.00 504.00 504.00
12/23/2023 Interest 3130AMQQ8 1,000,000.00 FHLB Callable Note Qtrly 12/23/2021

0.35% Due 4/23/2024

0.00 1,750.00 1,750.00
12/25/2023 Paydown 05593AAC3 435,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 1,870.50 1,870.50
12/31/2023 Interest 91282CCJ8 500,000.00 US Treasury Note

0.875% Due 6/30/2026

0.00 2,187.50 2,187.50
12/31/2023 Interest 91282CGC9 1,000,000.00 US Treasury Note

3.875% Due 12/31/2027

0.00 19,375.00 19,375.00
DEC 2023 1,200,000.00 59,009.75 1,259,009.75
01/02/2024 Interest 3135G0V75 750,000.00 FNMA Note

1.75% Due 7/2/2024

0.00 6,562.50 6,562.50
01/11/2024 Maturity 89236THU2 480,000.00 Toyota Motor Credit Corp Note

0.45% Due 1/11/2024
480,000.00 1,080.00 481,080.00
Chandler Asset Management - CONFIDENTIAL Page 26 Execution Time: 3/2/2023 12:40:32 PM Cash Flow Report
As of February 28, 2023
City of San Rafael
Account #11045
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/15/2024 Interest 91282CGE5 1,000,000.00 US Treasury Note

3.875% Due 1/15/2026

0.00 19,375.00 19,375.00
01/15/2024 Paydown 58768PAC8 260,000.00 Mercedes-Benz Auto Receivables 2022-1 A3

5.21% Due 8/16/2027

0.00 1,128.83 1,128.83
01/15/2024 Paydown 89239HAD0 350,000.00 Toyota Auto Receivables Owner 20222-D A3

5.3% Due 9/15/2027

0.00 1,545.83 1,545.83
01/17/2024 Maturity 24422EVN6 1,000,000.00 John Deere Capital Corp Note

0.45% Due 1/17/2024
1,000,000.00 2,250.00 1,002,250.00
01/21/2024 Paydown 43815JAC7 120,000.00 Honda Auto Receivables Owner 2023-1 A3

5.04% Due 4/21/2027

0.00 504.00 504.00
01/23/2024 Interest 46647PAP1 500,000.00 JP Morgan Chase & Co Callable Note 1X 4/23/2023

3.559% Due 4/23/2024

0.00 6,338.71 6,338.71
01/23/2024 Maturity 693475AV7 900,000.00 PNC Financial Services Callable Note Cont 12/23/2023

3.5% Due 1/23/2024
900,000.00 15,750.00 915,750.00
01/23/2024 Maturity 17325FAS7 500,000.00 Citibank Callable Note Cont 12/23/2023

3.65% Due 1/23/2024
500,000.00 9,125.00 509,125.00
01/25/2024 Paydown 05593AAC3 435,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 1,870.50 1,870.50
JAN 2024 2,880,000.00 65,530.37 2,945,530.37
02/05/2024 Maturity 91159HHV5 1,000,000.00 US Bancorp Callable Note Cont 1/5/2024

3.375% Due 2/5/2024
1,000,000.00 16,875.00 1,016,875.00
02/05/2024 Maturity 3135G0V34 600,000.00 FNMA Note

2.5% Due 2/5/2024
600,000.00 7,500.00 607,500.00
02/12/2024 Maturity 459200HU8 1,000,000.00 IBM Corp Note

3.625% Due 2/12/2024
1,000,000.00 18,125.00 1,018,125.00
02/14/2024 Maturity 88579YBB6 500,000.00 3M Co. Callable Note Cont 1/14/2024

3.25% Due 2/14/2024
500,000.00 8,125.00 508,125.00
02/15/2024 Interest 912828D56 1,000,000.00 US Treasury Note

2.375% Due 8/15/2024

0.00 11,875.00 11,875.00
02/15/2024 Paydown 58768PAC8 260,000.00 Mercedes-Benz Auto Receivables 2022-1 A3

5.21% Due 8/16/2027

0.00 1,128.83 1,128.83
02/15/2024 Paydown 89239HAD0 350,000.00 Toyota Auto Receivables Owner 20222-D A3

5.3% Due 9/15/2027

0.00 1,545.83 1,545.83
Chandler Asset Management - CONFIDENTIAL Page 27 Execution Time: 3/2/2023 12:40:32 PM Cash Flow Report
As of February 28, 2023
City of San Rafael
Account #11045
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/16/2024 Maturity 96130ASC3 375,000.00 Westpac Banking Corp NY Yankee CD

5.38% Due 2/16/2024
375,000.00 20,455.21 395,455.21
02/21/2024 Interest 3133EPBF1 1,000,000.00 Federal Farm Credit Bank Note

4.875% Due 8/21/2024

0.00 24,375.00 24,375.00
02/21/2024 Paydown 43815JAC7 120,000.00 Honda Auto Receivables Owner 2023-1 A3

5.04% Due 4/21/2027

0.00 504.00 504.00
02/25/2024 Paydown 05593AAC3 435,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 1,870.50 1,870.50
FEB 2024 3,475,000.00 112,379.37 3,587,379.37
TOTAL 19,705,000.00 861,829.89 20,566,829.89
Chandler Asset Management - CONFIDENTIAL Page 28 Execution Time: 3/2/2023 12:40:32 PM Important Disclosures City of San Rafael
Account #11045
Chandler Asset Management, Inc. ;͞Chandler͟Ϳis an SEC registered investment adviser. For additional information about our firm, please see our current disclosures (Form ADV). To obtain a copy of our current disclosures, you may contact your client service representative by calling the number on the front of this statement or you may visit our website at www.chandlerasset.com.

Information contained in this monthly statement is confidential and is provided for informational purposes only and should not be construed as specific investment or legal advice. The information contained herein was obtained from sources believed to be reliable as of the date of this statement, but may become outdated or superseded at any time without notice.

Custody: Your qualified custodian bank maintains control of all assets reflected in this statement and we urge you to compare this statement to the one you receive from your qualified custodian. Chandler does not have any authority to withdraw or deposit funds from/to the custodian account.

Valuation: Prices are provided by IDC, an independent pricing source. In the event IDC does not provide a price or if the price provided is not reflective of fair market value, Chandler will obtain pricing from an alternative approved third party pricing source in accordance with our written valuation policy and procedures. Our valuation procedures are also disclosed in Item 5 of our Form ADV Part 2A.

Performance: Performance results are presented gross-of-advisory fees and represent the client͛s Total Return. The deduction of advisory fees lowers performance results. These results include the reinvestment of dividends and other earnings. Past performance may not be indicative of future results. Therefore, clients should not assume that future performance of any specific investment or investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. Economic factors, market conditions or changes in investment strategies, contributions or withdrawals may materially alter the performance and results of your portfolio.

Source ice Data Indices, LLC ("ICE"), used with permission. ICE PERMITS USE OF THE ICE INDICES AND RELATED DATA ON AN "AS IS" BASIS; ICE, ITS AFFILIATES AND THEIR RESPECTIVE

THIRD PARTY SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS, EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM. NEITHER ICE DATA, ITS AFFILIATES OR

THEIR RESPECTIVE THIRD PARTY PROVIDERS GUARANTEE THE QUALITY, ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES OR THE INDEX DATA OR ANY COMPONENT THEREOF, AND THE INDICES AND INDEX DATA AND ALL COMPONENTS THEREOF ARE PROVIDED ON AN "AS IS" BASIS AND LICENSEE'S USE IS AT LICENSEE'S OWN RISK. ICE DATA, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY DO NOT SPONSOR, ENDORSE, OR RECOMMEND CHANDLER, OR ANY OF ITS PRODUCTS OR SERVICES.

Index returns assume reinvestment of all distributions. Historical performance results for investment indexes generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment management fee, the incurrence of which would have the effect of decreasing historical performance results. It is not possible to invest directly in an index.

Ratings: Ratings information have been provided by Moody͛s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

Security level ratings for U.S. Agency issued mortgage-backed securities ;͞MBS͟Ϳreflect the issuer rating because the securities themselves are not rated. The issuing U.S. Agency guarantees the full and timely payment of both principal and interest and carries a AA+/Aaa/AAA by S&P, Moody͛s and Fitch respectively.

Chandler Asset Management - CONFIDENTIAL Page 29 Execution Time: 3/2/2023 12:40:32 PM Benchmark Index & Disclosures City of San Rafael
Account #11045
Benchmark Index Disclosure
ICE BofA 1-3 Yr US Treasury & Agency
Index
The ICE BofA 1-3 Year US Treasury & Agency Index tracks the performance of US dollar denominated US Treasury and nonsubordinated US agency debt issued in the US domestic market. Qualifying securities must have an investment grade rating (based on an average of Moody͛s, S&P and Fitch). Qualifying securities must have at least one year remaining term to final maturity and less than three years remaining term to final maturity, at least 18 months to maturity at time of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for sovereigns and $250 million for agencies.

Chandler Asset Management - CONFIDENTIAL Page 30 Execution Time: 3/2/2023 12:40:32 PM

MONTHLY ACCOUNT STATEMENT
City of San Rafael - Account #11045
MARCH 1, 2023 THROUGH MARCH 31, 2023
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures.

CHANDLER ASSET MANAGEMENT
chandlerasset.com
Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian
US Bank
Alexander Bazan
(503) 402-5305

ACCOUNT SUMMARY
Beg. Values
as of 2/28/23
End Values
as of 3/31/23
Market Value 43,870,229 44,363,095
Accrued Interest 188,274 176,617
Total Market Value 44,058,503 44,539,712
Income Earned 62,885 74,144
Cont/WD -3,543
Par 45,319,796 45,417,302
Book Value 45,264,756 45,281,141
Cost Value 45,752,021 45,672,423

TOP ISSUERS
Government of United States 38.6%
Federal Home Loan Bank 9.9%
Federal National Mortgage Assoc 7.8%
First American Treasury MMF Cla 6.7%
Federal Farm Credit Bank 6.6%
Toyota Motor Corp 2.6%
JP Morgan Chase & Co 2.4%
Honda Motor Corporation 2.3%
Total 76.8%

PORTFOLIO CHARACTERISTICS
Average Modified Duration 1.30
Average Coupon 2.33%
Average Purchase YTM 2.12%
Average Market YTM 4.59%
Average S&P/Moody Rating AA/Aa1
Average Final Maturity 1.46 yrs
Average Life 1.37 yrs

SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (S&P) Portfolio Summary
As of March 31, 2023
City of San Rafael
Account #11045

PERFORMANCE REVIEW
Annualized
TOTAL RATE OF RETURN 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS 1/1/1900 City of San Rafael 1.10% N/A N/A N/A N/A N/A N/A N/A N/A ICE BofA 1-3 Yr US Treasury & Agency Index 1.60% 1.55% 1.55% 0.19% -1.33% -0.81% 1.11% 0.82% N/A Chandler Asset Management - CONFIDENTIAL Page 1 Execution Time: 4/3/2023 11:45:00 PM Holdings Report
As of March 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
ABS
05593AAC3 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025
435,000.00 Various

5.11%
435,745.64
435,702.00
100.29

5.02%
436,268.03
374.10

0.98%
566.03
Aaa / AAA
NR

2.66 1.51
43815JAC7 Honda Auto Receivables Owner 2023-1
A3

5.04% Due 4/21/2027
120,000.00 02/16/2023

5.10%
119,977.70
119,978.40
100.69

4.78%
120,822.96
168.00

0.27%
844.56
Aaa / NR
AAA

4.06 2.19
58768PAC8 Mercedes-Benz Auto Receivables 2022-
1 A3

5.21% Due 8/16/2027
260,000.00 02/15/2023

5.02%
261,340.63
261,291.90
101.01

4.73%
262,637.18
602.04

0.59%
1,345.28
Aaa / AAA
NR

4.38 1.86
89239HAD0 Toyota Auto Receivables Owner 20222-
D A3

5.3% Due 9/15/2027
350,000.00 02/10/2023

4.82%
354,128.91
353,968.77
101.46

4.71%
355,105.45
824.44

0.80%
1,136.68
Aaa / NR
AAA

4.46 2.22
47800CAC0 John Deere Owner Trust 2023-A A3

5.01% Due 11/15/2027
680,000.00 Various

5.05%
680,204.18
680,200.62
101.06

4.61%
687,184.28
2,744.37

1.55%
6,983.66
Aaa / NR
AAA

4.63 2.30
Total ABS 1,845,000.00 5.02%
1,851,397.06
1,851,141.69 4.75%
1,862,017.90
4,712.95

4.19%
10,876.21
Aaa / AAA
AAA

4.06 2.03
AGENCY
3135G0U43 FNMA Note

2.875% Due 9/12/2023
1,000,000.00 09/26/2019

1.63%
1,047,553.22
1,005,389.58

99.10 4.93%
990,969.00
1,517.36

2.23%
(14,420.58)
Aaa / AA+
AAA

0.45 0.44
3135G0V34 FNMA Note

2.5% Due 2/5/2024
600,000.00 10/24/2019

1.64%
621,262.80
604,211.80

98.10 4.82%
588,590.40
2,333.33

1.33%
(15,621.40)
Aaa / AA+
AAA

0.85 0.82
3133EMWV0 FFCB Note

0.35% Due 4/22/2024
1,000,000.00 05/03/2021

0.35%
1,000,000.00
1,000,000.00

95.78 4.47%
957,823.00
1,545.83

2.15%
(42,177.00)
Aaa / AA+
AAA

1.06 1.03
3130AMQQ8 FHLB Callable Note Qtrly 12/23/2021

0.35% Due 4/23/2024
1,000,000.00 06/23/2021

0.35%
1,000,000.00
1,000,000.00

95.45 4.78%
954,518.00
952.78

2.15%
(45,482.00)
Aaa / AA+
NR

1.07 1.04
3136G46B4 FNMA Callable Note Qtrly 01/26/2024

0.35% Due 4/26/2024
1,200,000.00 10/30/2020

0.36%
1,199,700.00
1,199,907.93

95.42 4.79%
1,145,094.00
1,808.33

2.58%
(54,813.93)
Aaa / AA+
AAA

1.07 1.04
3133EMYR7 FFCB Callable Note Cont 5/6/2022

0.375% Due 5/6/2024
1,000,000.00 05/06/2021

0.38%
1,000,000.00
1,000,000.00

95.36 4.76%
953,611.00
1,510.42

2.14%
(46,389.00)
Aaa / AA+
AAA

1.10 1.07
3135G0V75 FNMA Note

1.75% Due 7/2/2024
750,000.00 11/05/2019

1.65%
753,426.75
750,922.66

96.48 4.67%
723,603.00
3,244.79

1.63%
(27,319.66)
Aaa / AA+
AAA

1.26 1.21
3133EPBF1 Federal Farm Credit Bank Note

4.875% Due 8/21/2024
1,000,000.00 02/15/2023

4.98%
998,490.00
998,597.66
100.26

4.67%
1,002,620.00
5,416.67

2.26%
4,022.34
Aaa / AA+
AAA

1.39 1.32
Chandler Asset Management - CONFIDENTIAL Page 2 Execution Time: 4/3/2023 11:45:00 PM Holdings Report
As of March 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
AGENCY
3130AV7L0 Federal Home Loan Bank Note
5% Due 2/28/2025
1,100,000.00 03/02/2023

5.07%
1,098,548.00
1,098,605.84
101.32

4.27%
1,114,485.90
4,277.78

2.51%
15,880.06
Aaa / AA+
AAA

1.92 1.80
3130ATHT7 FHLB Note

4.375% Due 9/12/2025
1,300,000.00 10/06/2022

4.29%
1,303,159.00
1,302,637.41
100.72

4.06%
1,309,318.40
3,001.74

2.95%
6,680.99
Aaa / AA+
NR

2.45 2.30
3130ATUC9 FHLB Note

4.5% Due 12/12/2025
1,000,000.00 02/13/2023

4.32%
1,004,720.00
1,004,509.61
100.75

4.20%
1,007,486.00
18,500.00

2.30%
2,976.39
Aaa / AA+
NR

2.70 2.47
Total Agency 10,950,000.00 2.36%
11,026,859.77
10,964,782.49 4.56%
10,748,118.70
44,109.03

24.23%
(216,663.79)
Aaa / AA+
AAA

1.46 1.38

CORPORATE
037833AK6 Apple Inc Note

2.4% Due 5/3/2023
500,000.00 09/19/2019

2.00%
506,880.00
500,166.54

99.82 4.44%
499,079.50
4,933.33

1.13%
(1,087.04)
Aaa / AA+
NR

0.09 0.09
02665WDH1 American Honda Finance Note

1.95% Due 5/10/2023
1,000,000.00 05/05/2021

0.38%
1,031,510.00
1,001,671.96

99.67 4.94%
996,739.00
7,637.50

2.26%
(4,932.96)
A3 / AA0.11

0.11 89236THA6 Toyota Motor Credit Corp Note

1.35% Due 8/25/2023
700,000.00 04/23/2021

0.43%
714,959.00
702,557.39

98.36 5.54%
688,494.10
945.00

1.55%
(14,063.29)
A1 / A+
A+

0.40 0.39
14912L5X5 Caterpillar Finance Serv Corp Note

3.75% Due 11/24/2023
1,000,000.00 05/05/2021

0.35%
1,086,390.00
1,021,944.73

98.96 5.40%
989,583.00
13,229.17

2.25%
(32,361.73)
A2 / A
A

0.65 0.62
89236THU2 Toyota Motor Credit Corp Note

0.45% Due 1/11/2024
480,000.00 09/27/2021

0.51%
479,342.40
479,775.82

96.46 5.15%
463,019.52
480.00

1.04%
(16,756.30)
A1 / A+
A+

0.78 0.76
24422EVN6 John Deere Capital Corp Note

0.45% Due 1/17/2024
1,000,000.00 05/05/2021

0.40%
1,001,230.00
1,000,362.64

96.67 4.77%
966,708.00
925.00

2.17%
(33,654.64)
A2 / A
A+

0.80 0.77
693475AV7 PNC Financial Services Callable Note
Cont 12/23/2023

3.5% Due 1/23/2024
900,000.00 07/29/2019

1.99%
957,939.00
910,499.01

98.12 5.90%
883,073.70
5,950.00

2.00%
(27,425.31)
A3 / AA0.82

0.78 17325FAS7 Citibank Callable Note Cont 12/23/2023

3.65% Due 1/23/2024
500,000.00 05/19/2021

0.53%
541,470.00
512,580.79

98.63 5.39%
493,142.50
3,447.22

1.11%
(19,438.29)
Aa3 / A+
A+

0.82 0.78
91159HHV5 US Bancorp Callable Note Cont
1/5/2024

3.375% Due 2/5/2024
1,000,000.00 05/04/2021

0.48%
1,079,130.00
1,024,359.78

98.09 5.72%
980,921.00
5,250.00

2.21%
(43,438.78)
A2 / A+
A+

0.85 0.81
88579YBB6 3M Co. Callable Note Cont 1/14/2024

3.25% Due 2/14/2024
500,000.00 02/17/2021

0.43%
541,935.00
512,250.24

98.77 4.70%
493,857.50
2,121.53

1.11%
(18,392.74)
A1 / A
NR

0.88 0.84
Chandler Asset Management - CONFIDENTIAL Page 3 Execution Time: 4/3/2023 11:45:00 PM Holdings Report
As of March 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

CORPORATE
713448CM8 Pepsico Inc. Callable Note Cont
12/01/2023

3.6% Due 3/1/2024
500,000.00 06/23/2021

0.78%
537,465.00
512,780.83

98.87 4.88%
494,331.00
1,500.00

1.11%
(18,449.83)
A1 / A+
NR

0.92 0.89
46647PAP1 JP Morgan Chase & Co Callable Note 1X
4/23/2023

3.559% Due 4/23/2024
500,000.00 02/18/2021

1.87%
534,240.00
511,452.69

99.89 5.08%
499,425.50
7,810.03

1.14%
(12,027.19)
A1 / AAA1.07

0.94 717081DM2 Pfizer Inc. Note

3.4% Due 5/15/2024
500,000.00 09/27/2021

0.55%
537,160.00
515,853.90

98.64 4.65%
493,217.00
6,422.22

1.12%
(22,636.90)
A1 / A+
A

1.13 1.07
166764BW9 Chevron Corp Callable Note Cont
4/11/2025

1.554% Due 5/11/2025
700,000.00 05/12/2022

3.20%
667,380.00
677,031.95

94.30 4.41%
660,105.60
4,230.33

1.49%
(16,926.35)
Aa2 / AANR2.12

2.03 46647PBH8 JP Morgan Chase & Co Callable Note
Mthly 3/13/2025

2.005% Due 3/13/2026
600,000.00 04/05/2022

4.14%
577,518.00
583,161.95

94.24 5.14%
565,469.40
601.50

1.27%
(17,692.55)
A1 / AAA2.95

1.87 69371RS49 Paccar Financial Corp Note

4.45% Due 3/30/2026
600,000.00 03/28/2023

4.47%
599,634.00
599,634.67
100.05

4.43%
600,300.60

74.17 1.35%
665.93
A1 / A+
NR

3.00 2.78
00440EAV9 Chubb INA Holdings Inc Callable Note
Cont 2/3/2026

3.35% Due 5/3/2026
500,000.00 03/09/2023

5.09%
475,060.00
475,473.13

96.72 4.50%
483,576.50
6,886.11

1.10%
8,103.37
A3 / A
A

3.09 2.85
Total Corporate 11,480,000.00 1.46%
11,869,242.40
11,541,558.02 5.06%
11,251,043.42
72,443.11

25.42%
(290,514.60)
A1 / A
A+

1.11 1.00

MONEY MARKET FUND
31846V807 First American Treasury MMF Class Y 2,967,302.09 Various

4.40%
2,967,302.09
2,967,302.09

1.00 4.40%
2,967,302.09

0.00 6.66%

0.00 Aaa / AA+
AAA

0.00 0.00
Total Money Market Fund 2,967,302.09 4.40%
2,967,302.09
2,967,302.09 4.40%
2,967,302.09

0.00 6.66%

0.00 Aaa / AA+
AAA

0.00 0.00
Chandler Asset Management - CONFIDENTIAL Page 4 Execution Time: 4/3/2023 11:45:00 PM Holdings Report
As of March 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

NEGOTIABLE CD
96130ASC3 Westpac Banking Corp NY Yankee CD

5.38% Due 2/16/2024
375,000.00 02/16/2023

5.34%
375,141.03
375,124.37
100.06

5.28%
375,224.25
2,465.83

0.85%

99.88 P-1 / A-1+
F-1

0.88 0.86
Total Negotiable CD 375,000.00 5.34%
375,141.03
375,124.37 5.28%
375,224.25
2,465.83

0.85%

99.88 P-1 / A-1+
F-1

0.88 0.86

US TREASURY
91282CCK5 US Treasury Note

0.125% Due 6/30/2023
800,000.00 01/13/2022

0.74%
792,846.43
798,792.08

98.91 4.51%
791,276.00
251.38

1.78%
(7,516.08)
Aaa / AA+
AAA

0.25 0.25
91282CCN9 US Treasury Note

0.125% Due 7/31/2023
1,000,000.00 01/13/2022

0.79%
989,808.04
997,813.43

98.49 4.68%
984,883.00
207.18

2.21%
(12,930.43)
Aaa / AA+
AAA

0.33 0.33
9128282D1 US Treasury Note

1.375% Due 8/31/2023
1,250,000.00 12/23/2021

0.61%
1,265,970.98
1,253,940.89

98.63 4.73%
1,232,861.25
1,494.57

2.77%
(21,079.64)
Aaa / AA+
AAA

0.42 0.41
91282CAW1 US Treasury Note

0.25% Due 11/15/2023
1,000,000.00 05/03/2021

0.25%
1,000,120.54
1,000,029.68

97.25 4.77%
972,539.00
946.13

2.19%
(27,490.68)
Aaa / AA+
AAA

0.63 0.61
912828U57 US Treasury Note

2.125% Due 11/30/2023
650,000.00 10/31/2019

1.67%
661,529.52
651,879.06

98.32 4.71%
639,081.95
4,629.46

1.45%
(12,797.11)
Aaa / AA+
AAA

0.67 0.65
91282CBA8 US Treasury Note

0.125% Due 12/15/2023
1,200,000.00 10/07/2021

0.33%
1,194,566.52
1,198,245.51

96.86 4.68%
1,162,359.60
440.93

2.61%
(35,885.91)
Aaa / AA+
AAA

0.71 0.69
91282CBV2 US Treasury Note

0.375% Due 4/15/2024
1,000,000.00 05/03/2021

0.33%
1,001,175.22
1,000,414.27

95.71 4.64%
957,148.00
1,730.77

2.15%
(43,266.27)
Aaa / AA+
AAA

1.04 1.01
91282CCC3 US Treasury Note

0.25% Due 5/15/2024
1,000,000.00 05/17/2021

0.35%
996,878.35
998,830.09

95.36 4.53%
953,594.00
946.13

2.14%
(45,236.09)
Aaa / AA+
AAA

1.13 1.10
912828D56 US Treasury Note

2.375% Due 8/15/2024
1,000,000.00 12/28/2021

0.91%
1,038,011.16
1,019,855.99

97.34 4.39%
973,359.00
2,952.35

2.19%
(46,496.99)
Aaa / AA+
AAA

1.38 1.33
9128282Y5 US Treasury Note

2.125% Due 9/30/2024
1,000,000.00 08/25/2021

0.44%
1,051,800.23
1,025,076.44

96.85 4.32%
968,477.00

58.06 2.17%
(56,599.44)
Aaa / AA+
AAA

1.50 1.45
912828YM6 US Treasury Note

1.5% Due 10/31/2024
1,000,000.00 12/28/2021

0.97%
1,014,925.23
1,008,325.35

95.80 4.27%
957,969.00
6,298.34

2.16%
(50,356.35)
Aaa / AA+
AAA

1.59 1.53
912828YV6 US Treasury Note

1.5% Due 11/30/2024
700,000.00 09/10/2021

0.48%
722,889.06
711,843.19

95.64 4.23%
669,484.20
3,519.23

1.51%
(42,358.99)
Aaa / AA+
AAA

1.67 1.61
Chandler Asset Management - CONFIDENTIAL Page 5 Execution Time: 4/3/2023 11:45:00 PM Holdings Report
As of March 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

US TREASURY
91282CAJ0 US Treasury Note

0.25% Due 8/31/2025
1,200,000.00 06/30/2022

3.15%
1,095,937.50
1,120,650.10

91.61 3.93%
1,099,266.00
260.87

2.47%
(21,384.10)
Aaa / AA+
AAA

2.42 2.36
91282CAM3 US Treasury Note

0.25% Due 9/30/2025
500,000.00 07/15/2022

3.12%
456,445.31
466,099.38

91.51 3.84%
457,558.50

3.42 1.03%
(8,540.88)
Aaa / AA+
AAA

2.50 2.45
9128285N6 US Treasury Note

2.875% Due 11/30/2025
500,000.00 07/15/2022

3.11%
496,212.61
497,010.60

97.47 3.88%
487,344.00
4,817.99

1.10%
(9,666.60)
Aaa / AA+
AAA

2.67 2.51
91282CGE5 US Treasury Note

3.875% Due 1/15/2026
1,000,000.00 02/06/2023

4.13%
992,929.69
993,278.92
100.03

3.86%
1,000,313.00
8,135.36

2.26%
7,034.08
Aaa / AA+
AAA

2.80 2.60
91282CBQ3 US Treasury Note

0.5% Due 2/28/2026
500,000.00 07/15/2022

3.09%
455,839.84
464,511.77

90.89 3.83%
454,433.50
217.39

1.02%
(10,078.27)
Aaa / AA+
AAA

2.92 2.84
91282CBW0 US Treasury Note

0.75% Due 4/30/2026
500,000.00 09/30/2022

4.17%
443,595.43
451,486.90

91.16 3.82%
455,820.50
1,574.59

1.03%
4,333.60
Aaa / AA+
AAA

3.08 2.98
9128286X3 US Treasury Note

2.125% Due 5/31/2026
500,000.00 09/30/2022

4.14%
465,958.71
470,611.10

95.04 3.80%
475,195.50
3,561.13

1.07%
4,584.40
Aaa / AA+
AAA

3.17 3.00
91282CCJ8 US Treasury Note

0.875% Due 6/30/2026
500,000.00 09/30/2022

4.15%
443,595.43
451,135.27

91.18 3.78%
455,918.00
1,099.79

1.03%
4,782.73
Aaa / AA+
AAA

3.25 3.14
91282CGC9 US Treasury Note

3.875% Due 12/31/2027
1,000,000.00 02/06/2023

3.84%
1,001,445.31
1,001,402.47
101.05

3.63%
1,010,508.00
9,741.02

2.29%
9,105.53
Aaa / AA+
AAA

4.76 4.27
Total US Treasury 17,800,000.00 1.64%
17,582,481.11
17,581,232.49 4.30%
17,159,389.00
52,886.09

38.64%
(421,843.49)
Aaa / AA+
AAA

1.68 1.60
TOTAL PORTFOLIO 45,417,302.09 2.12%
45,672,423.46
45,281,141.15 4.59%
44,363,095.36
176,617.01
100.00%
(918,045.79)
Aa1 / AA
AAA

1.46 1.30
TOTAL MARKET VALUE PLUS ACCRUED 44,539,712.37
Chandler Asset Management - CONFIDENTIAL Page 6 Execution Time: 4/3/2023 11:45:00 PM Transaction Ledger
As of March 31, 2023
City of San Rafael
Account #11045
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 03/01/2023 31846V807 9,000.00 First American Treasury MMF Class Y 1.000 4.17% 9,000.00 0.00 9,000.00 0.00 Purchase 03/01/2023 31846V807 7,120.59 First American Treasury MMF Class Y 1.000 4.17% 7,120.59 0.00 7,120.59 0.00 Purchase 03/02/2023 47800CAC0 230,000.00 John Deere Owner Trust 2023-A A3

5.01% Due 11/15/2027

99.982 5.07% 229,958.09 0.00 229,958.09 0.00
Purchase 03/02/2023 47800CAC0 450,000.00 John Deere Owner Trust 2023-A A3

5.01% Due 11/15/2027
100.055 5.04% 450,246.09 0.00 450,246.09 0.00
Purchase 03/03/2023 3130AV7L0 1,100,000.00 Federal Home Loan Bank Note 5% Due 2/28/2025

99.868 5.07% 1,098,548.00 0.00 1,098,548.00 0.00
Purchase 03/03/2023 31846V807 145,846.27 First American Treasury MMF Class Y 1.000 4.17% 145,846.27 0.00 145,846.27 0.00 Purchase 03/05/2023 31846V807 8,875.00 First American Treasury MMF Class Y 1.000 4.17% 8,875.00 0.00 8,875.00 0.00 Purchase 03/05/2023 31846V807 500,000.00 First American Treasury MMF Class Y 1.000 4.17% 500,000.00 0.00 500,000.00 0.00 Purchase 03/12/2023 31846V807 40,284.72 First American Treasury MMF Class Y 1.000 4.17% 40,284.72 0.00 40,284.72 0.00 Purchase 03/13/2023 00440EAV9 500,000.00 Chubb INA Holdings Inc Callable Note Cont 2/3/2026

3.35% Due 5/3/2026

95.012 5.09% 475,060.00 6,048.61 481,108.61 0.00
Purchase 03/13/2023 31846V807 23,019.72 First American Treasury MMF Class Y 1.000 4.17% 23,019.72 0.00 23,019.72 0.00 Purchase 03/13/2023 31846V807 6,015.00 First American Treasury MMF Class Y 1.000 4.17% 6,015.00 0.00 6,015.00 0.00 Purchase 03/15/2023 31846V807 1,000,000.00 First American Treasury MMF Class Y 1.000 4.17% 1,000,000.00 0.00 1,000,000.00 0.00 Purchase 03/15/2023 31846V807 2,500.00 First American Treasury MMF Class Y 1.000 4.17% 2,500.00 0.00 2,500.00 0.00 Purchase 03/15/2023 31846V807 1,545.83 First American Treasury MMF Class Y 1.000 4.17% 1,545.83 0.00 1,545.83 0.00 Purchase 03/15/2023 31846V807 1,128.83 First American Treasury MMF Class Y 1.000 4.17% 1,128.83 0.00 1,128.83 0.00 Purchase 03/21/2023 31846V807 453.60 First American Treasury MMF Class Y 1.000 4.17% 453.60 0.00 453.60 0.00 Purchase 03/27/2023 31846V807 2,494.00 First American Treasury MMF Class Y 1.000 4.17% 2,494.00 0.00 2,494.00 0.00 Purchase 03/29/2023 31846V807 500,149.44 First American Treasury MMF Class Y 1.000 4.17% 500,149.44 0.00 500,149.44 0.00 Purchase 03/30/2023 69371RS49 600,000.00 Paccar Financial Corp Note

4.45% Due 3/30/2026

99.939 4.47% 599,634.00 0.00 599,634.00 0.00
Purchase 03/31/2023 31846V807 991,204.03 First American Treasury MMF Class Y 1.000 4.40% 991,204.03 0.00 991,204.03 0.00 Purchase 03/31/2023 31846V807 11,250.00 First American Treasury MMF Class Y 1.000 4.40% 11,250.00 0.00 11,250.00 0.00 Subtotal 6,130,887.03 6,104,333.21 6,048.61 6,110,381.82 0.00 Chandler Asset Management - CONFIDENTIAL Page 7 Execution Time: 4/3/2023 11:45:00 PM Transaction Ledger
As of March 31, 2023
City of San Rafael
Account #11045
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss

ACQUISITIONS
Security
Contribution
03/10/2023 31846V807 64.82 First American Treasury MMF Class Y 1.000 64.82 0.00 64.82 0.00 Subtotal 64.82 64.82 0.00 64.82 0.00
TOTAL ACQUISITIONS 6,130,951.85 6,104,398.03 6,048.61 6,110,446.64 0.00

DISPOSITIONS
Sale 03/02/2023 31846V807 229,958.09 First American Treasury MMF Class Y 1.000 4.17% 229,958.09 0.00 229,958.09 0.00 Sale 03/02/2023 31846V807 450,246.09 First American Treasury MMF Class Y 1.000 4.17% 450,246.09 0.00 450,246.09 0.00 Sale 03/03/2023 3137EAEQ8 1,250,000.00 FHLMC Note

0.375% Due 4/20/2023

99.413 4.89% 1,242,662.50 1,731.77 1,244,394.27 -7,160.98 Sale 03/13/2023 931142DH3 500,000.00 Wal-Mart Stores Callable Note Cont 1/11/2023

2.55% Due 4/11/2023

99.749 5.73% 498,745.00 5,383.33 504,128.33 -1,459.23
Sale 03/29/2023 742718EB1 500,000.00 Procter & Gamble Co Note

3.1% Due 8/15/2023

99.651 4.02% 498,255.00 1,894.44 500,149.44 -6,415.67
Sale 03/30/2023 31846V807 599,634.00 First American Treasury MMF Class Y 1.000 4.40% 599,634.00 0.00 599,634.00 0.00 Sale 03/31/2023 459200HU8 1,000,000.00 IBM Corp Note

3.625% Due 2/12/2024

98.627 5.27% 986,270.00 4,934.03 991,204.03 -41,009.57
Subtotal 4,529,838.18 4,505,770.68 13,943.57 4,519,714.25 -56,045.45 Call 03/05/2023 06051GHF9 500,000.00 Bank of America Corp Callable Note 1X 3/5/2023Due 3/5/2024
100.000 5.71% 500,000.00 0.00 500,000.00 -9,827.78
Subtotal 500,000.00 500,000.00 0.00 500,000.00 -9,827.78 Paydown 03/15/2023 58768PAC8 0.00 Mercedes-Benz Auto Receivables 2022- 1 A3

5.21% Due 8/16/2027
100.000 0.00 1,128.83 1,128.83 0.00
Chandler Asset Management - CONFIDENTIAL Page 8 Execution Time: 4/3/2023 11:45:00 PM Transaction Ledger
As of March 31, 2023
City of San Rafael
Account #11045
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss

DISPOSITIONS
Paydown 03/15/2023 89239HAD0 0.00 Toyota Auto Receivables Owner 20222- D A3

5.3% Due 9/15/2027
100.000 0.00 1,545.83 1,545.83 0.00
Paydown 03/21/2023 43815JAC7 0.00 Honda Auto Receivables Owner 2023-1 A3

5.04% Due 4/21/2027
100.000 0.00 453.60 453.60 0.00
Paydown 03/27/2023 05593AAC3 0.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025
100.000 0.00 2,494.00 2,494.00 0.00
Subtotal 0.00 0.00 5,622.26 5,622.26 0.00
Maturity 03/15/2023 912828ZD5 1,000,000.00 US Treasury Note

0.5% Due 3/15/2023
100.000 1,000,000.00 0.00 1,000,000.00 0.00
Subtotal 1,000,000.00 1,000,000.00 0.00 1,000,000.00 0.00 Security
Withdrawal
03/06/2023 31846V807 3,357.61 First American Treasury MMF Class Y 1.000 3,357.61 0.00 3,357.61 0.00 Security
Withdrawal
03/27/2023 31846V807 250.00 First American Treasury MMF Class Y 1.000 250.00 0.00 250.00 0.00 Subtotal 3,607.61 3,607.61 0.00 3,607.61 0.00
TOTAL DISPOSITIONS 6,033,445.79 6,009,378.29 19,565.83 6,028,944.12 -65,873.23

OTHER TRANSACTIONS
Interest 03/01/2023 713448CM8 500,000.00 Pepsico Inc. Callable Note Cont 12/01/2023

3.6% Due 3/1/2024

0.000 9,000.00 0.00 9,000.00 0.00
Interest 03/05/2023 06051GHF9 500,000.00 Bank of America Corp Callable Note 1X 3/5/2023Due 3/5/2024

0.000 8,875.00 0.00 8,875.00 0.00
Interest 03/12/2023 3130ATHT7 1,300,000.00 FHLB Note

4.375% Due 9/12/2025

0.000 25,909.72 0.00 25,909.72 0.00
Interest 03/12/2023 3135G0U43 1,000,000.00 FNMA Note

2.875% Due 9/12/2023

0.000 14,375.00 0.00 14,375.00 0.00
Chandler Asset Management - CONFIDENTIAL Page 9 Execution Time: 4/3/2023 11:45:00 PM Transaction Ledger
As of March 31, 2023
City of San Rafael
Account #11045
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss

OTHER TRANSACTIONS
Interest 03/13/2023 46647PBH8 600,000.00 JP Morgan Chase & Co Callable Note Mthly 3/13/2025

2.005% Due 3/13/2026

0.000 6,015.00 0.00 6,015.00 0.00
Interest 03/15/2023 912828ZD5 1,000,000.00 US Treasury Note

0.5% Due 3/15/2023

0.000 2,500.00 0.00 2,500.00 0.00
Interest 03/31/2023 9128282Y5 1,000,000.00 US Treasury Note

2.125% Due 9/30/2024

0.000 10,625.00 0.00 10,625.00 0.00
Interest 03/31/2023 91282CAM3 500,000.00 US Treasury Note

0.25% Due 9/30/2025

0.000 625.00 0.00 625.00 0.00
Subtotal 6,400,000.00 77,924.72 0.00 77,924.72 0.00
Dividend 03/01/2023 31846V807 328,591.85 First American Treasury MMF Class Y 0.000 7,120.59 0.00 7,120.59 0.00 Subtotal 328,591.85 7,120.59 0.00 7,120.59 0.00
TOTAL OTHER TRANSACTIONS 6,728,591.85 85,045.31 0.00 85,045.31 0.00 Chandler Asset Management - CONFIDENTIAL Page 10 Execution Time: 4/3/2023 11:45:00 PM Income Earned
As of March 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income

FIXED INCOME
00440EAV9 Chubb INA Holdings Inc
Callable Note Cont 2/3/2026

3.35% Due 05/03/2026
03/09/2023
03/13/2023
500,000.00

0.00 475,060.00

0.00 475,473.13

0.00 (6,048.61)
6,886.11
837.50
413.13

0.00 413.13
1,250.63
1,250.63
02665WDH1 American Honda Finance
Note

1.95% Due 05/10/2023
05/05/2021
05/05/2021
1,000,000.00
1,003,000.95

0.00 0.00
1,001,671.96
6,012.50

0.00 7,637.50
1,625.00

0.00 1,328.99
(1,328.99)
296.01
296.01
037833AK6 Apple Inc
Note

2.4% Due 05/03/2023
09/19/2019
09/19/2019
500,000.00
500,327.87

0.00 0.00
500,166.54
3,933.33

0.00 4,933.33
1,000.00

0.00 161.33
(161.33)
838.67
838.67
05593AAC3 BMW Vehicle Lease Trust
2023-1 A3

5.16% Due 11/25/2025
Various
02/15/2023
435,000.00
435,732.07

0.00 0.00
435,702.00
997.60
2,494.00
374.10
1,870.50

0.05 30.12
(30.07)
1,840.43
1,840.43
06051GHF9 Bank of America Corp
Callable Note 1X 3/5/2023
Due 03/05/2024
07/21/2020
07/21/2020

0.00 509,935.19

0.00 509,827.78

0.00 8,677.78
8,875.00

0.00 197.22

0.00 107.41
(107.41)

89.81 89.81
14912L5X5 Caterpillar Finance Serv Corp
Note

3.75% Due 11/24/2023
05/05/2021
05/05/2021
1,000,000.00
1,024,815.13

0.00 0.00
1,021,944.73
10,104.17

0.00 13,229.17
3,125.00

0.00 2,870.40
(2,870.40)
254.60
254.60
166764BW9 Chevron Corp
Callable Note Cont 4/11/2025

1.554% Due 05/11/2025
05/12/2022
05/12/2022
700,000.00
676,108.46

0.00 0.00
677,031.95
3,323.83

0.00 4,230.33
906.50
923.49

0.00 923.49
1,829.99
1,829.99
17325FAS7 Citibank
Callable Note Cont 12/23/2023

3.65% Due 01/23/2024
05/19/2021
05/19/2021
500,000.00
513,893.93

0.00 0.00
512,580.79
1,926.39

0.00 3,447.22
1,520.83

0.00 1,313.14
(1,313.14)
207.69
207.69
24422EVN6 John Deere Capital Corp
Note

0.45% Due 01/17/2024
05/05/2021
05/05/2021
1,000,000.00
1,000,401.28

0.00 0.00
1,000,362.64
550.00

0.00 925.00
375.00

0.00 38.64
(38.64)
336.36
336.36
Chandler Asset Management - CONFIDENTIAL Page 11 Execution Time: 4/3/2023 11:45:00 PM Income Earned
As of March 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
3130AMQQ8 FHLB
Callable Note Qtrly 12/23/2021

0.35% Due 04/23/2024
06/23/2021
06/23/2021
1,000,000.00
1,000,000.00

0.00 0.00
1,000,000.00
661.11

0.00 952.78
291.67

0.00 0.00

0.00 291.67
291.67
3130ATHT7 FHLB
Note

4.375% Due 09/12/2025
10/06/2022
10/06/2022
1,300,000.00
1,302,728.76

0.00 0.00
1,302,637.41
24,171.88
25,909.72
3,001.74
4,739.58

0.00 91.35
(91.35)
4,648.23
4,648.23
3130ATUC9 FHLB
Note

4.5% Due 12/12/2025
02/13/2023
02/14/2023
1,000,000.00
1,004,651.40

0.00 0.00
1,004,509.61
14,750.00

0.00 18,500.00
3,750.00

0.00 141.79
(141.79)
3,608.21
3,608.21
3130AV7L0 Federal Home Loan Bank
Note
5% Due 02/28/2025
03/02/2023
03/03/2023
1,100,000.00

0.00 1,098,548.00

0.00 1,098,605.84

0.00 0.00
4,277.78
4,277.78

57.84 0.00

57.84 4,335.62
4,335.62
3133EMWV0 FFCB
Note

0.35% Due 04/22/2024
05/03/2021
05/03/2021
1,000,000.00
1,000,000.00

0.00 0.00
1,000,000.00
1,254.17

0.00 1,545.83
291.66

0.00 0.00

0.00 291.66
291.66
3133EMYR7 FFCB
Callable Note Cont 5/6/2022

0.375% Due 05/06/2024
05/06/2021
05/06/2021
1,000,000.00
1,000,000.00

0.00 0.00
1,000,000.00
1,197.92

0.00 1,510.42
312.50

0.00 0.00

0.00 312.50
312.50
3133EPBF1 Federal Farm Credit Bank
Note

4.875% Due 08/21/2024
02/15/2023
02/21/2023
1,000,000.00
998,512.08

0.00 0.00
998,597.66
1,354.17

0.00 5,416.67
4,062.50

85.58 0.00

85.58 4,148.08
4,148.08
3135G0U43 FNMA
Note

2.875% Due 09/12/2023
09/26/2019
09/26/2019
1,000,000.00
1,006,408.35

0.00 0.00
1,005,389.58
13,496.53
14,375.00
1,517.36
2,395.83

0.00 1,018.77
(1,018.77)
1,377.06
1,377.06
3135G0V34 FNMA
Note

2.5% Due 02/05/2024
10/24/2019
10/24/2019
600,000.00
604,632.98

0.00 0.00
604,211.80
1,083.33

0.00 2,333.33
1,250.00

0.00 421.18
(421.18)
828.82
828.82
Chandler Asset Management - CONFIDENTIAL Page 12 Execution Time: 4/3/2023 11:45:00 PM Income Earned
As of March 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
3135G0V75 FNMA
Note

1.75% Due 07/02/2024
11/05/2019
11/05/2019
750,000.00
750,985.12

0.00 0.00
750,922.66
2,151.04

0.00 3,244.79
1,093.75

0.00 62.46
(62.46)
1,031.29
1,031.29
3136G46B4 FNMA
Callable Note Qtrly 01/26/2024

0.35% Due 04/26/2024
10/30/2020
10/30/2020
1,200,000.00
1,199,900.63

0.00 0.00
1,199,907.93
1,458.33

0.00 1,808.33
350.00

7.30 0.00

7.30 357.30
357.30
3137EAEQ8 FHLMC
Note
Due 04/20/2023
12/23/2021
12/23/2021

0.00 1,249,816.12

0.00 1,249,823.48

0.00 1,705.73
1,731.77

0.00 26.04

7.36 0.00

7.36 33.40

33.40 43815JAC7 Honda Auto Receivables Owner
2023-1 A3

5.04% Due 04/21/2027
02/16/2023
02/24/2023
120,000.00
119,977.80

0.00 0.00
119,978.40
117.60
453.60
168.00
504.00

0.60 0.00

0.60 504.60
504.60
459200HU8 IBM Corp
Note
Due 02/12/2024
05/05/2021
05/05/2021

0.00 1,029,853.11

0.00 1,027,279.57

0.00 1,913.19
4,934.03

0.00 3,020.84

0.00 2,573.54
(2,573.54)
447.30
447.30
46647PAP1 JP Morgan Chase & Co
Callable Note 1X 4/23/2023

3.559% Due 04/23/2024
02/18/2021
02/18/2021
500,000.00
512,367.72

0.00 0.00
511,452.69
6,327.11

0.00 7,810.03
1,482.92

0.00 915.03
(915.03)
567.89
567.89
46647PBH8 JP Morgan Chase & Co
Callable Note Mthly 3/13/2025

2.005% Due 03/13/2026
04/05/2022
04/05/2022
600,000.00
582,677.29

0.00 0.00
583,161.95
5,614.00
6,015.00
601.50
1,002.50
484.66

0.00 484.66
1,487.16
1,487.16
47800CAC0 John Deere Owner Trust
2023-A A3

5.01% Due 11/15/2027
Various
03/02/2023
680,000.00

0.00 680,204.18

0.00 680,200.62

0.00 0.00
2,744.37
2,744.37

0.73 4.29
(3.56)
2,740.81
2,740.81
58768PAC8 Mercedes-Benz Auto Receivables
2022-1 A3

5.21% Due 08/16/2027
02/15/2023
02/17/2023
260,000.00
261,327.03

0.00 0.00
261,291.90
602.04
1,128.83
602.04
1,128.83

0.00 35.13
(35.13)
1,093.70
1,093.70
Chandler Asset Management - CONFIDENTIAL Page 13 Execution Time: 4/3/2023 11:45:00 PM Income Earned
As of March 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
693475AV7 PNC Financial Services
Callable Note Cont 12/23/2023

3.5% Due 01/23/2024
07/29/2019
07/29/2019
900,000.00
911,594.87

0.00 0.00
910,499.01
3,325.00

0.00 5,950.00
2,625.00

0.00 1,095.86
(1,095.86)
1,529.14
1,529.14
69371RS49 Paccar Financial Corp
Note

4.45% Due 03/30/2026
03/28/2023
03/30/2023
600,000.00

0.00 599,634.00

0.00 599,634.67

0.00 0.00

74.17 74.17

0.67 0.00

0.67 74.84

74.84 713448CM8 Pepsico Inc.

Callable Note Cont 12/01/2023

3.6% Due 03/01/2024
06/23/2021
06/23/2021
500,000.00
513,963.53

0.00 0.00
512,780.83
9,000.00
9,000.00
1,500.00
1,500.00

0.00 1,182.70
(1,182.70)
317.30
317.30
717081DM2 Pfizer Inc.

Note

3.4% Due 05/15/2024
09/27/2021
09/27/2021
500,000.00
517,052.61

0.00 0.00
515,853.90
5,005.56

0.00 6,422.22
1,416.66

0.00 1,198.71
(1,198.71)
217.95
217.95
742718EB1 Procter & Gamble Co
Note
Due 08/15/2023
12/15/2021
12/15/2021

0.00 505,611.53

0.00 504,670.67

0.00 688.89
1,894.44

0.00 1,205.55

0.00 940.86
(940.86)
264.69
264.69
88579YBB6 3M Co.

Callable Note Cont 1/14/2024

3.25% Due 02/14/2024
02/17/2021
02/17/2021
500,000.00
513,440.71

0.00 0.00
512,250.24
767.36

0.00 2,121.53
1,354.17

0.00 1,190.47
(1,190.47)
163.70
163.70
89236THA6 Toyota Motor Credit Corp
Note

1.35% Due 08/25/2023
04/23/2021
04/23/2021
700,000.00
703,100.40

0.00 0.00
702,557.39
157.50

0.00 945.00
787.50

0.00 543.01
(543.01)
244.49
244.49
89236THU2 Toyota Motor Credit Corp
Note

0.45% Due 01/11/2024
09/27/2021
09/27/2021
480,000.00
479,751.43

0.00 0.00
479,775.82
300.00

0.00 480.00
180.00

24.39 0.00

24.39 204.39
204.39
89239HAD0 Toyota Auto Receivables Owner
20222-D A3

5.3% Due 09/15/2027
02/10/2023
02/14/2023
350,000.00
354,076.69

0.00 0.00
353,968.77
824.44
1,545.83
824.44
1,545.83

0.00 107.92
(107.92)
1,437.91
1,437.91
Chandler Asset Management - CONFIDENTIAL Page 14 Execution Time: 4/3/2023 11:45:00 PM Income Earned
As of March 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
91159HHV5 US Bancorp
Callable Note Cont 1/5/2024

3.375% Due 02/05/2024
05/04/2021
05/04/2021
1,000,000.00
1,026,795.76

0.00 0.00
1,024,359.78
2,437.50

0.00 5,250.00
2,812.50

0.00 2,435.98
(2,435.98)
376.52
376.52
9128282D1 US Treasury
Note

1.375% Due 08/31/2023
12/23/2021
12/23/2021
1,250,000.00
1,254,744.63

0.00 0.00
1,253,940.89

46.71 0.00
1,494.57
1,447.86

0.00 803.74
(803.74)
644.12
644.12
9128282Y5 US Treasury
Note

2.125% Due 09/30/2024
08/25/2021
08/25/2021
1,000,000.00
1,026,494.99

0.00 0.00
1,025,076.44
8,873.63
10,625.00

58.06 1,809.43

0.00 1,418.55
(1,418.55)
390.88
390.88
9128285N6 US Treasury
Note

2.875% Due 11/30/2025
07/15/2022
07/15/2022
500,000.00
496,915.46

0.00 0.00
497,010.60
3,593.75

0.00 4,817.99
1,224.24

95.14 0.00

95.14 1,319.38
1,319.38
9128286X3 US Treasury
Note

2.125% Due 05/31/2026
09/30/2022
09/30/2022
500,000.00
469,822.99

0.00 0.00
470,611.10
2,656.25

0.00 3,561.13
904.88
788.11

0.00 788.11
1,692.99
1,692.99
912828D56 US Treasury
Note

2.375% Due 08/15/2024
12/28/2021
12/28/2021
1,000,000.00
1,021,082.15

0.00 0.00
1,019,855.99
918.51

0.00 2,952.35
2,033.84

0.00 1,226.16
(1,226.16)
807.68
807.68
912828U57 US Treasury
Note

2.125% Due 11/30/2023
10/31/2019
10/31/2019
650,000.00
652,118.77

0.00 0.00
651,879.06
3,453.13

0.00 4,629.46
1,176.33

0.00 239.71
(239.71)
936.62
936.62
912828YM6 US Treasury
Note

1.5% Due 10/31/2024
12/28/2021
12/28/2021
1,000,000.00
1,008,771.09

0.00 0.00
1,008,325.35
5,013.81

0.00 6,298.34
1,284.53

0.00 445.74
(445.74)
838.79
838.79
912828YV6 US Treasury
Note

1.5% Due 11/30/2024
09/10/2021
09/10/2021
700,000.00
712,446.05

0.00 0.00
711,843.19
2,625.00

0.00 3,519.23
894.23

0.00 602.86
(602.86)
291.37
291.37
Chandler Asset Management - CONFIDENTIAL Page 15 Execution Time: 4/3/2023 11:45:00 PM Income Earned
As of March 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
912828ZD5 US Treasury
Note
Due 03/15/2023
12/28/2021
12/28/2021

0.00 1,000,010.00

0.00 1,000,000.00

0.00 2,306.63
2,500.00

0.00 193.37

0.00 10.00
(10.00)
183.37
183.37
91282CAJ0 US Treasury
Note

0.25% Due 08/31/2025
06/30/2022
06/30/2022
1,200,000.00
1,117,864.31

0.00 0.00
1,120,650.10

8.15 0.00
260.87
252.72
2,785.79

0.00 2,785.79
3,038.51
3,038.51
91282CAM3 US Treasury
Note

0.25% Due 09/30/2025
07/15/2022
07/15/2022
500,000.00
464,948.31

0.00 0.00
466,099.38
521.98
625.00

3.42 106.44
1,151.07

0.00 1,151.07
1,257.51
1,257.51
91282CAW1 US Treasury
Note

0.25% Due 11/15/2023
05/03/2021
05/03/2021
1,000,000.00
1,000,033.71

0.00 0.00
1,000,029.68
732.04

0.00 946.13
214.09

0.00 4.03
(4.03)
210.06
210.06
91282CBA8 US Treasury
Note

0.125% Due 12/15/2023
10/07/2021
10/07/2021
1,200,000.00
1,198,034.70

0.00 0.00
1,198,245.51
313.19

0.00 440.93
127.74
210.81

0.00 210.81
338.55
338.55
91282CBQ3 US Treasury
Note

0.5% Due 02/28/2026
07/15/2022
07/15/2022
500,000.00
463,477.81

0.00 0.00
464,511.77

6.79 0.00
217.39
210.60
1,033.96

0.00 1,033.96
1,244.56
1,244.56
91282CBV2 US Treasury
Note

0.375% Due 04/15/2024
05/03/2021
05/03/2021
1,000,000.00
1,000,448.07

0.00 0.00
1,000,414.27
1,411.40

0.00 1,730.77
319.37

0.00 33.80
(33.80)
285.57
285.57
91282CBW0 US Treasury
Note

0.75% Due 04/30/2026
09/30/2022
09/30/2022
500,000.00
450,150.09

0.00 0.00
451,486.90
1,253.45

0.00 1,574.59
321.14
1,336.81

0.00 1,336.81
1,657.95
1,657.95
91282CCC3 US Treasury
Note

0.25% Due 05/15/2024
05/17/2021
05/17/2021
1,000,000.00
998,741.64

0.00 0.00
998,830.09
732.04

0.00 946.13
214.09

88.45 0.00

88.45 302.54
302.54
Chandler Asset Management - CONFIDENTIAL Page 16 Execution Time: 4/3/2023 11:45:00 PM Income Earned
As of March 31, 2023
City of San Rafael
Account #11045
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
91282CCJ8 US Treasury
Note

0.875% Due 06/30/2026
09/30/2022
09/30/2022
500,000.00
449,858.03

0.00 0.00
451,135.27
725.14

0.00 1,099.79
374.65
1,277.24

0.00 1,277.24
1,651.89
1,651.89
91282CCK5 US Treasury
Note

0.125% Due 06/30/2023
01/13/2022
01/13/2022
800,000.00
798,376.02

0.00 0.00
798,792.08
165.75

0.00 251.38

85.63 416.06

0.00 416.06
501.69
501.69
91282CCN9 US Treasury
Note

0.125% Due 07/31/2023
01/13/2022
01/13/2022
1,000,000.00
997,253.23

0.00 0.00
997,813.43
100.14

0.00 207.18
107.04
560.20

0.00 560.20
667.24
667.24
91282CGC9 US Treasury
Note

3.875% Due 12/31/2027
02/06/2023
02/07/2023
1,000,000.00
1,001,427.53

0.00 0.00
1,001,402.47
6,422.65

0.00 9,741.02
3,318.37

0.00 25.06
(25.06)
3,293.31
3,293.31
91282CGE5 US Treasury
Note

3.875% Due 01/15/2026
02/06/2023
02/07/2023
1,000,000.00
993,074.65

0.00 0.00
993,278.92
4,816.99