Agenda — Stanton City Council, March 24, 2026 (part 1 of 2)

Stanton City Council Agenda Prepared by the Office of the City Clerk March 24, 2026

Page 1 of 13 ends

PUBLIC ACCESS IN-PERSON AND VIA TELECONFERENCE
(Electronically / Telephonically)
Attendance by the members of the public may view the meeting live in one of the following ways:
• Attend in person - City Council Chambers: 7800 Katella Avenue, California 90680. • Via Teleconference (electronically / telephonically) - Zoom:

In order to join the meeting via telephone please follow the steps below:

1. Dial the following phone number +1 (669) 444-9171 (US).

2. Dial in the following Meeting ID: 843 0138 3870 to be connected to the meeting.

In order to join the meeting via electronic device please utilize the Zoom URL link below:
• https://us02web.zoom.us/j/84301383870?pwd=AAzEN66XkAaHFSCxueOzhgF7UBL8sR.1

ANY MEMBER OF THE PUBLIC WISHING TO PROVIDE PUBLIC COMMENT FOR ANY ITEM ON THE AGENDA MAY DO SO AS FOLLOWS:
• Attend in person and complete and submit a request to speak card to the City Clerk. • E-Mail your comments to [email protected] with the subject line “PUBLIC COMMENT ITEM #” (insert the item number relevant to your comment). Comments received no later than 5:00 p.m. before the scheduled meeting will be compiled, provided to the City Council, and made available to the public before the start of the meeting. Staff will not read e-mailed comments at the meeting.

However, the official record will include all e-mailed comments received until the close of the meeting.

Should you have any questions related to participation in the City Council Meeting, please contact the City Clerk’s Office at (714) 890-4245 or via e-mail at [email protected].

AGENDA

JOINT REGULAR MEETING

CITY COUNCIL

SUCCESSOR AGENCY

HOUSING AUTHORITY
TUESDAY, MARCH 24, 2026
CLOSED SESSION - 6:00 P.M.

JOINT REGULAR SESSION - 6:30 P.M.

STANTON CITY HALL, 7800 KATELLA AVENUE, STANTON, CA
In compliance with the Americans With Disabilities Act, if you need special assistance to participate in this meeting, please contact the Office of the City Clerk at (714) 890-4245 or via e-mail at [email protected]. Notification prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to this meeting.

Stanton City Council Agenda Prepared by the Office of the City Clerk March 24, 2026

Page 2 of 13 ends

The City Council agenda and supporting documentation is made available for public review and inspection during normal business hours in the Office of the City Clerk, 7800 Katella Avenue, Stanton California 90680 immediately following distribution of the agenda packet to a majority of the City Council. Packet delivery typically takes place on Thursday afternoons prior to the regularly scheduled meeting on Tuesday. The agenda packet is also available for review and inspection on the city’s website at www.StantonCA.gov.

The City Council is required to comply with the Levine Act (Government Code § 84308). The purpose of the Levine Act is to prevent public officials from being influenced by campaign contributions from parties and other financially interested persons appearing before them and to prevent officials from using their position of authority to unduly influence applicants to make contributions to campaigns. The Levine Act only applies to certain matters brought to the City Council, including permits, licenses, some contracts, and other entitlements for use. While these matters are pending and for 12 months after a decision has been made, a Council Member may not accept, solicit, or direct campaign contributions of more than $500 from parties/participants who have a financial interest in the proceedings, or their respective agents. In addition, a Council Member who has received such a contribution may be required to disclose the contribution and recuse themselves from consideration of an agenda item. This summary of the Levine Act does not constitute legal advice. Council members who need to recuse themselves from an agenda item may provide notice at any time during the Council meeting before consideration of the item. Under certain circumstances, contributions may be returned by the public official in order to participate in a decision or otherwise cure a potential violation.

1. CLOSED SESSION(6:00 PM)

2. ROLL CALL Council / Agency / Authority Member Barrios Council / Agency / Authority Member Torres
Council / Agency / Authority Member Warren
Mayor Pro Tem / Vice Chairman Taylor
Mayor / Chairman Shawver

3. PUBLIC COMMENT ON CLOSED SESSION ITEMS
Closed Session may convene to consider matters of purchase / sale of real property (G.C. §54956.8), pending litigation (G.C. §54956.9(a)), potential litigation (G.C. §54956.9(b)) or personnel items (G.C. §54957.6). Records not available for public inspection.

4. CLOSED SESSION
4A. CONFERENCE WITH LEGAL COUNSEL – EXISTING LITIGATION Existing litigation pursuant to Government Code section 54956.9(d)(1) Number of Cases: 1
Case Name: James Giam Dinh v. City of Stanton
Case Number: 30-2025-01527312-CU-WM-CJC
Stanton City Council Agenda Prepared by the Office of the City Clerk March 24, 2026

Page 3 of 13 ends

5. CALL TO ORDER STANTON CITY COUNCIL / SUCCESSOR AGENCY / HOUSING AUTHORITY JOINT REGULAR MEETING (6:30 PM)

6. ROLL CALL Council / Agency / Authority Member Barrios Council / Agency / Authority Member Torres
Council / Agency / Authority Member Warren
Mayor Pro Tem / Vice Chairman Taylor
Mayor / Chairman Shawver

7. PLEDGE OF ALLEGIANCE

8. SPECIAL PRESENTATIONS AND AWARDS
A. Special presentation of awards to honor and recognize Stanton’s Women of Distinction 2026.

B. Presentation by the Orange County Commission, sharing their mission with the City Council and providing information on the 2026 Status of Women and Girls of Orange County inaugural report.

C. Townsend Public Affairs State and Federal Legislative report and update.

9. CONSENT CALENDAR
All items on the Consent Calendar may be acted on simultaneously, unless a Council/Board Member requests separate discussion and/or action.

CONSENT CALENDAR
9A. MOTION TO APPROVE THE READING BY TITLE OF ALL ORDINANCES AND RESOLUTIONS. SAID ORDINANCES AND RESOLUTIONS THAT APPEAR ON THE

PUBLIC AGENDA SHALL BE READ BY TITLE ONLY AND FURTHER READING WAIVED
RECOMMENDED ACTION:

City Council/Agency Board/Authority Board waive reading of Ordinances and Resolutions.

Stanton City Council Agenda Prepared by the Office of the City Clerk March 24, 2026

Page 4 of 13 ends

9B. APPROVAL OF WARRANTS
City Council approve demand warrants dated February 19, 2026 – March 6, 2026, in the amount of $832,384.70.
9C. APPROVAL OF MINUTES
City Council/Successor Agency/Housing Authority approve Minutes of Special and Joint Regular Meeting – March 10, 2026.
9D. JANUARY 2026 INVESTMENT REPORT
The Investment Report as of January 31, 2026, has been prepared in accordance with the City’s Investment Policy and California Government Code Section 53646.

RECOMMENDED ACTION:

1. City Council find that this item is not subject to California Environmental Quality Act (“CEQA”) pursuant to Sections 15378(b)(5) (Organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment); and

2. Receive and file the Investment Report for the month of January 2026. 9E. JANUARY 2026 INVESTMENT REPORT (SUCCESSOR AGENCY)
The Investment Report as of January 31, 2026, has been prepared in accordance with the City’s Investment Policy and California Government Code Section 53646.

RECOMMENDED ACTION:

1. Successor Agency find that this item is not subject to California Environmental Quality Act (“CEQA”) pursuant to Sections 15378(b)(5) (Organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment); and

2. Receive and file the Investment Report for the month of January 2026.

Stanton City Council Agenda Prepared by the Office of the City Clerk March 24, 2026

Page 5 of 13 ends

9F. JANUARY 2026 GENERAL FUND REVENUE AND EXPENDITURE REPORT; HOUSING AUTHORITY REVENUE AND EXPENDITURE REPORT; STATUS OF

CAPITAL IMPROVEMENT PROGRAM
The Revenue and Expenditure Reports for the month ending January 31, 2026, have been provided to the City Manager in accordance with Stanton Municipal Code Section

2.20.080 (D) and are being provided to the City Council. This report includes information on both the City’s General Fund and the Housing Authority Fund.

RECOMMENDED ACTION:

2. Receive and file the General Fund and Housing Authority Fund January 2026 Revenue and Expenditure Reports and Status of Capital Improvement Projects for the month ended January 31, 2026.
9G. CONTINUANCE OF THE PROCLAMATION OF THE EXISTENCE OF A LOCAL

EMERGENCY CAUSED BY HOMELESSNESS CRISIS
At its meeting of November 26, 2024, the City Council adopted a resolution proclaiming the existence of a local emergency. Based on the continuing impacts of homelessness on public health and safety within the City of Stanton, the City Council’s proclamation of the existence of a local emergency will continue until further notice.

RECOMMENDED ACTION:

1. City Council declare that the proposed actions are not subject to the California Environmental Quality Act (“Public Resources Code section 21000 et seq.) (“CEQA”) because they do not qualify as a “project” under CEQA Receive and file; and

2. Receive and file the report.

Stanton City Council Agenda Prepared by the Office of the City Clerk March 24, 2026

Page 6 of 13 ends

9H. ACCEPTANCE OF THE UNITED STATES TENNIS ASSOCIATION (USTA) GRANT

FOR THE STANTON CENTRAL PARK TENNIS COURTS RENOVATION PROJECT The United States Tennis Association (USTA) initiated the Tennis Venue Services (TVS) program to support communities seeking business development, advocacy, and/or technical services from the USTA. The City of Stanton was selected to receive $20,000 in TVS funding for the resurfacing of three tennis courts as part of the Stanton Central Park Tennis Courts Renovation Project. Staff is recommending City Council accept the TVS Grant funding of $20,000 and increase the Grants Fund (Account No. 227-0000- 432300) by the same amount.

RECOMMENDED ACTION:

1. City Council declare the recommended actions to be categorically exempt under the California Environmental Quality Act, Section 15378(b)(5) – Organizational or administrative activities of governments that will not result in direct or indirect physical change in the environment; and

2. Accept the Tennis Venue Services Grant 25CA32148 authorizing the application of funds for the Stanton Central Park Tennis Courts Renovation Project (Task Code No. 2025-202) in the amount of $20,000; and

3. Increase revenues in the Grants Fund (Account No. 227-0000-432300) by $20,000 as additional funding for the Stanton Central Park Tennis Courts Renovation Project (Task Code No. 2025-202) and the corresponding accounts to transfer funds to the Capital Improvement Fund (305) where the project expenditures are accounted for and reduce the original funding transfers from the Public Benefit Fee Fund (104) in the same amount.
9I. APPROVAL OF WASTE INFRASTRUCTURE SYSTEM ENTERPRISE (WISE)

AGREEMENT WITH THE COUNTY OF ORANGE
As the current Waste Disposal Agreement (WDA) approaches the end of its term, Orange County Waste & Recycling (OCW&R) has developed the Waste Infrastructure System Enterprise (WISE) Agreement as its successor to address rising operational costs, regulatory requirements, and long-term landfill needs. The WISE Agreement introduces a phased disposal rate structure and updated terms to maintain continued landfill access and reliable solid waste disposal services for the City.

RECOMMENDED ACTION:

1. City Council find that the recommended actions are exempt from CEQA per Section15378(b)(5) [Project does not include]: organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment; and
Stanton City Council Agenda Prepared by the Office of the City Clerk March 24, 2026

Page 7 of 13 ends

2. Approve the Waste Infrastructure System Enterprise (WISE) Agreement with the County of Orange for municipal solid waste disposal rates and services; and

3. Approve the Franchise Hauler Acknowledgement with CR&R Incorporated for compliance with obligations under the Waste Infrastructure System Enterprise (WISE) Agreement; and

4. Authorize the City Manager to execute the Waste Infrastructure System Enterprise (WISE) Agreement and Franchise Hauler Acknowledgement.
9J. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF STANTON, CALIFORNIA APPROVING SUBDIVISION PARCEL MAP NO. 2025-110
The subdivision parcel map for the development of a badminton facility, a parking lot, and site improvements along with consolidation of 6 lots into one parcel located at 10662 Court Avenue has been submitted by the developer for final certification and recordation.

RECOMMENDED ACTION:

1. City Council declare this project categorically exempt under the California Environmental Quality Act, Section 15332, Class 32 (In-Fill Development Projects) and Section 15305, Class 5 (Minor Alterations in Land Use Limitations); and

2. Adopt Resolution No. 2026-05 approving final Parcel Map No. 2025-110, entitled:
“A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF STANTON, CALIFORNIA, APPROVING SUBDIVISION PARCEL MAP NO. 2025-110 FOR THE PROPERTY LOCATED AT 10662 COURT AVENUE”; and

3. Find that the recordation of Parcel Map No. 2025-110 will not be in violation of any of the provisions of Section 66474, 66474.1, and 66474.2 of the Subdivision Map Act; and

4. Find that the proposed subdivision, together with the provisions for its design and improvement, is consistent with the general plan required by Article 5 (commencing with Section 65300) of Chapter 3 of Division 1 of the Government Code, or any specific plan adopted pursuant to Article 8 (commencing with Section 65450) of Chapter 3 of Division 1 of the Government Code; and

5. Authorize the City Manager to execute the Subdivision Improvement Agreement for Parcel Map No. 2025-110; and

6. Direct the City Engineer to review and approve any further technical/clerical edits necessary to allow for County Surveyor approval and for recordation of the map with the County Recorder of Orange County, and if edits are necessary, to require a revised Parcel Map; and
Stanton City Council Agenda Prepared by the Office of the City Clerk March 24, 2026

Page 8 of 13 ends

7. Direct the City Clerk to endorse on the face of the map of the Parcel Map, the certificate which embodies the approval of said map, and submit the map to the County Recorder of Orange County for recording.
9K. RESOLUTION INITIATING PROCEEDINGS AND ORDERING THE ENGINEER TO

PREPARE AND TO FILE A REPORT FOR THE STANTON LIGHTING AND LANDSCAPING DISTRICT NO. 1
As part of the annual update to the Lighting and Landscaping District No. 1, certain procedural resolutions must be adopted by the City Council. The proposed resolution orders the Engineer’s report for the Fiscal Year 2026/27 update.

RECOMMENDED ACTION:

1. City Council find that this item is not subject to California Environmental Quality Act (“CEQA”) pursuant to Section 15378(b)(5) (Organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment); and

2. Adopt Resolution No. 2026-06 initiating proceedings and ordering the Engineer’s report for the Fiscal Year 2026/27 update, entitled:
“A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF STANTON,

CALIFORNIA, INITIATING PROCEEDINGS FOR THE ANNUAL

ASSESSMENTS FOR THE STANTON LIGHTING AND LANDSCAPING
DISTRICT NO. 1 FOR THE FISCAL YEAR BEGINNING JULY 1, 2026, AND ENDING JUNE 30, 2027; AND ORDERING THE ENGINEER TO
PREPARE AND FILE A REPORT IN ACCORDANCE THEREWITH”.

END OF CONSENT CALENDAR

10. PUBLIC HEARINGS None.

11. UNFINISHED BUSINESS None.

Stanton City Council Agenda Prepared by the Office of the City Clerk March 24, 2026

Page 9 of 13 ends

12. NEW BUSINESS
12A. AUTHORIZATION FOR COUNCIL MEMBERS TO ATTEND UPCOMING MEETINGS

AND EVENTS
Pursuant to the City of Stanton Travel and Reimbursement policy, a Council Member must receive City Council approval prior to a trip if the trip will exceed $500. Council will consider the following requests for travel:
• Mayor David J. Shawver
o Event: Southern California Association of Governments (SCAG) 2026 Regional Conference and General Assembly
o Location: Palm Desert, CA
o Dates: May 7 – 8, 2026
• Council Member Victor Barrios
o Event: Southern California Association of Governments (SCAG) 2026 Regional Conference and General Assembly
o Location: Palm Desert, CA
o Dates: May 7 – 8, 2026.

RECOMMENDED ACTION:

1. City Council find that this item is not subject to California Environmental Quality Act (“CEQA”) pursuant to Sections 15378(b)(5)(Organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment); and

2. Authorize both Mayor Shawver and Council Member Barrios’ to attend the proposed meeting as requested and authorize staff to make a budget adjustment as needed to cover travel costs.

Stanton City Council Agenda Prepared by the Office of the City Clerk March 24, 2026

Page 10 of 13 ends

12B. CONSIDERATION OF AN AMENDMENT TO ORDINANCE RELATED TO SOCIAL

HOST LIABILITY FOR ILLEGAL FIREWORKS AND ADMINISTRATIVE CITATIONS The City currently regulates the sale, storage, and discharge of fireworks within the City, consistent with State Fireworks Law (Health & Safety Code § 12500 et seq.) and guidance from the State Fire Marshall under Chapter 17.04 of the Stanton Municipal Code. In order to allow law enforcement and City code enforcement to better enforce Chapter 17.04, in 2025, the City adopted “social host” regulations, which make a property owner or a person in control of property on which fireworks are sold, stored, or discharged in violation of Chapter 17.04 strictly liable for the illegal sale, storage, or discharge. The amendment to the ordinance proposes a gradual fine increase based on the amount of dangerous fireworks at issue and clarifies that a fine is based on each discharge of a firework, among other modifications.

RECOMMENDED ACTION:

1. Staff recommends that the City Council declare that the project is not subject to CEQA pursuant to State CEQA Guidelines section 15061(b)(3) and section 15378(b)(5); and

2. Introduce, by title only, and waive further reading of proposed Ordinance No. 1170:
“AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF STANTON, CALIFORNIA, AMENDING CHAPTER 17.04 (SAFE AND SANE
FIREWORKS) OF TITLE 17 (FIRE) OF THE STANTON MUNICIPAL

CODE, RELATED TO SOCIAL HOST LIABILITY AND ILLEGAL
FIREWORKS”; and

3. Set Ordinance No. 1170 for second reading and adoption at the April 14, 2026 regular meeting of the City Council.

Stanton City Council Agenda Prepared by the Office of the City Clerk March 24, 2026

Page 11 of 13 ends

12C. FISCAL YEAR 2025/26 MID-YEAR BUDGET REVIEW AND PROPOSED MID-YEAR

BUDGET ADJUSTMENTS
This report provides an overview of the City’s current economic environment and an analysis of the City’s fiscal position based on the FY 2025/26 mid-year financial report.

The purpose of this analysis is to evaluate the performance of major revenue sources, assess expenditure trends, review fund balances, and identify potential fiscal risks that may affect the City’s financial outlook.

Overall, the City remains in a stable fiscal position with strong reserves and balanced operations; however, staff will continue to exercise prudent financial oversight and closely monitor economic conditions at the national level for potential impacts on the City’s financial outlook.

RECOMMENDED ACTION:

2. City Council approve the budget adjustments summarized in Attachment A.

13. ORAL COMMUNICATIONS - PUBLIC
At this time members of the public may address the City Council/Successor Agency/Stanton Housing Authority regarding any items within the subject matter jurisdiction of the City Council/Successor Agency/Stanton Housing Authority, provided that NO action may be taken on non-agenda items.
• Members of the public wishing to address the Council/Agency/Authority during Oral Communications-Public or on a particular item are requested to fill out a REQUEST TO SPEAK form and submit it to the City Clerk. Request to speak forms must be turned in prior to Oral Communications-Public.
• When the Mayor/Chairman calls you to the microphone, please state your Name, slowly and clearly, for the record. A speaker’s comments shall be limited to a three (3) minute aggregate time period on Oral Communications and Agenda Items. Speakers are then to return to their seats and no further comments will be permitted. • Remarks from those seated or standing in the back of chambers will not be permitted.

All those wishing to speak including Council/Agency/Authority and Staff need to be recognized by the Mayor/Chairman before speaking.

14. WRITTEN COMMUNICATIONS None.

Stanton City Council Agenda Prepared by the Office of the City Clerk March 24, 2026

Page 12 of 13 ends

15. MAYOR/CHAIRMAN COUNCIL/AGENCY/AUTHORITY INITIATED BUSINESS 15A. COMMITTEE REPORTS/ COUNCIL/AGENCY/AUTHORITY ANNOUNCEMENTS At this time Council/Agency/Authority Members may report on items not specifically described on the agenda which are of interest to the community provided no discussion or action may be taken except to provide staff direction to report back or to place the item on a future agenda.
15B. COUNCIL/AGENCY/AUTHORITY INITIATED ITEMS FOR A FUTURE MEETING At this time Council/Agency/Authority Members may place an item on a future agenda. 15C. COUNCIL/AGENCY/AUTHORITY INITIATED ITEMS FOR A FUTURE STUDY

SESSION
At this time Council/Agency/Authority Members may place an item on a future study session agenda.

Currently Scheduled: None.
15D. STUDY SESSION ON MOBILEHOME RESIDENCY LAW AND OTHER SELECTED

LAWS AND COMMUNITY RESOURCES
Staff will be presenting a study session on current mobilehome residency law and other selected laws and community resources based upon available State informational resources.

RECOMMENDED ACTION:

2. Receive and file research; and

3. Direct staff to create a webpage to provide the City’s residents with links to State resources.

Stanton City Council Agenda Prepared by the Office of the City Clerk March 24, 2026

Page 13 of 13 ends

15E. CITY COUNCIL INITIATED ITEM — DISCUSSION REGARDING USE OF CELL

PHONES WHILE AT THE DAIS DURING CITY COUNCIL MEETINGS
At the March 10, 2026, City Council meeting, Mayor Shawver requested that this item be agendized for discussion. Mayor Shawver is requesting to discuss the use of cell phones at the dais during City Council meetings.

RECOMMENDED ACTION:

City Council provide direction to staff.

16. ITEMS FROM CITY ATTORNEY/AGENCY COUNSEL/AUTHORITY COUNSEL

17. ITEMS FROM CITY MANAGER/EXECUTIVE DIRECTOR
17A. ORANGE COUNTY SHERIFF’S DEPARTMENT
At this time the Orange County Sheriff’s Department will provide the City Council with an update on their current operations.

18. ADJOURNMENT
I hereby certify under penalty of perjury under the laws of the State of California, the foregoing agenda was posted at the Post Office, Stanton Community Services Center and City Hall, not less than 72 hours prior to the meeting. Dated this 19th day of March, 2026. s/ Patricia A. Vazquez, City Clerk/Secretary
February 19, 2026 - March 06, 2026
Payments to Vendors:

Electronic Draft Payments EFT (1) 368,465.16
Bank Drafts Payments 161,183.62Check Payments 139884-140021 183,795.81Voided Payment 140014 and 140021 (38,571.80) Total Payments to Vendors $ 674,872.79
Direct Deposit Payments (3):

Payroll dated February 26, 2026 157,511.91
Total Direct Deposit Payments $ 157,511.91
TOTAL PAYMENTS $ 832,384.70
Notes:
1 EFTs are electronic payments processed via a file exported from the City's Finance system and uploaded to the City's bank account. The City's Finance system designates these payment transactions as "EFT". 2 EFT Bank Drafts are auto-payments scheduled by the vendor as a monthly draft from the City's bank account mainly setup for utility payments. A specific transaction number is not assigned 3 Represents the total net payroll paid through direct deposit on pay date.

Demands listed on the attachedregisters are accurate and fundsare available for payment thereof.

Finance Director
Budget as approved by the City Council.

City Manager Accounting Manager
conform to the City of Stanton Annual

CITY OF STANTON

WARRANT REGISTER
EFT - Bank Drafts (2)
Demands listed on the attached registers
Accounting Manag
ailable for payment thereof.

Finance Director
Accounting Manager Accounting Manag
g pp y y
City Manager
Item: 9B
Click here to return to the agenda.

Check Date Check Number Check Amount Vendor Bill Number Bill Memo Total Bill Amount (Sum) 100171682 Athletic Field Refund $114.9195709867 Deposit Refund $310.00100681241 Deposit Refund $103.00 101086485 Deposit Refund $103.00
99570089 Deposit Refund $310.00
100832253 Multipurpose Room Refund $672.00
100693197 Deposit Refund $103.00
BD_GSW_021926 $1,123.96 GOLDEN STATE WATER COMPANY 86346-012826 Water service for HYD #2947 @ 8100 Pacific for Jan 26 $1,123.96 29190-020526 Electric Svcs/Housing Authority 1/7/26 - 2/4/26 $75.3264994-020526 Electricity for Katella linear Park for Jan 26 $39.9172455-020626 Electricity for 8100 Pacific For Jan 26 $2,778.60 2/23/2026 BD_SCE_022326 $368.84 SOUTHERN CALIFORNIA EDISON 11235-020926 Electricity for 10350 Ferm for Jan 26 $368.84 BD_GSW_022426 $192.62 GOLDEN STATE WATER COMPANY 26211-020226 Water service for Village Center Drive & Beach Irr for Jan 26 $192.6200000055/1 $20,000.00 CLAIMS CALIFORNIA JOINT POWERS INSURANCE AUTHORITY 2/18/2026 Additional Claims Funding $20,000.00 40657-020326 Water service for 8181 Chapman IRR for Jan 26 $195.42 69352-020326 Water services for 11822 Santa Paula Irr Jan 26 $340.69 BD_SCE_022526 $15.46 SOUTHERN CALIFORNIA EDISON 76801-021326 Electricity for 11401 Court For 1/14/26-2/12/26 $15.46 BD_CIVICREC_022626 $50.00 CIVICREC 101420880 Class Refund $50.00 63566-020426 Water service for 10350 Fern for Feb 26 $643.25 98865-020426 Water service for 8100 Pacific Irr for Jan 26 $114.63 73992-020426 Water Svc/Housing Authority/JAN-2026 $327.76 14128-020426 Water service for 8180 Cerritos Irr for Jan 26 $167.56 97284-020426 Water Svc/Housing Authority/JAN-2026 $390.37 79865-020426 Water service for 8100 Pacific FP for Jan 26 $71.38 72239-020426 Water Svc/Housing Authority/JAN-2026 $377.84 45970-020426 Water Svc/Housing Authority/JAN-2026 $265.16 46996-020426 Water Svc/Housing Authority/JAN-2026 $296.45 26970-020426 Water Svc/Housing Authority/JAN-2026 $227.61 17960-020426 Water Svc/Housing Authority/JAN-2026 $246.37 91646-020426 Water Service for Pacific betw Court & Fern for Jan 26 $536.81 BD_CIVICREC_022726 $50.00 CIVICREC 101420880A Class Refund $50.00 93128-020526 Water service for 10953 Date Irr for Jan 26 $370.07 93873-021026 Water service for 7322 Katella Irr for Jan 26 $316.82 79851-020526 Water service for 11732 Stanton Irr for Jan 26 $159.63 04128-020526 Water service for 10952 Cedar for Jan 26 $357.57 39851-020526 Water service for 11521 Stanton Irr for Jan 26 $195.37 68159-020526 Water service for 10972 Rose Irr for Jan 26 $376.34 BD_IRS_022726 $27,066.26 INTERNAL REVENUE SERVICE 2/21/2026 Tax Withholding PPE 2/21/2026 $27,066.26 00000056/1 $1,743.26 PUBLIC AGENCY RISK SHARING AUTHORITY OF CALIFORNIA PPE 2/26/2026 Def Comp PPE 2/21/2026 $1,743.26BD_CALPERS_030226 $30,975.45 CA ST PERS 103 PPE 2/21/2026 Retirement Contribution PPE 2/21/2026 $30,975.45 BD_EDD_030226 $9,639.39 EDD 2/21/2026 Tax Withholding PPE 2/21/2026 $9,639.39BD_MIS_030226 $2,460.00 MISSIONSQUARE PPE 2/21/2026 Def Comp. PPE 2/21/2026 $2,460.00139983 $49.00 DEPARTMENT OF JUSTICE 003301 October 2025 Fingerprints $49.00 2/19/2026 BD_CIVICREC_021926 $1,715.91 CIVICREC
BD_SCE_021926 $2,893.83 SOUTHERN CALIFORNIA EDISON

GOLDEN STATE WATER COMPANY
2/26/2026
BD_GSW_022626 $3,665.19 GOLDEN STATE WATER COMPANY
2/24/20262/25/2026 BD_GSW_022526 $536.11
Warrant Report Detail
City of Stanton
February 19, 2026 - March 0
6, 2026
2/27/2026
BD_GSW_022726
3/2/2026
$1,775.80 GOLDEN STATE WATER COMPANY
Check Date Check Number Check Amount Vendor Bill Number Bill Memo Total Bill Amount (Sum) 101037970 Deposit Refund $103.0099625357 Deposit Refund $103.00100241800 Deposit Refund $103.00100220166 Deposit Refund $206.0099461512 Deposit Refund $310.0098755309 Deposit Refund $310.00 78873-021026 Water service for 11746 Beach Irr for Jan 26 $159.63 49873-021026 Water service for 10832 Beach Irr for Jan 26 $186.03 59873-021026 Water service for 10686 Beach Irr for Jan 26 $159.63 65873-021026 Water service for 7730 Katella Irr for Jan 26 $370.38 18873-021026 Water service for 8312 Briarwood Irr for Jan 26 $624.53 46873-021026 Water service for 11151 Beach Irr for Jan 26 $167.56 50973-021026 Water service for 8741 Lola Irr for Jan 26 $1,565.14 35873-021026 Water service for 10231 Beach Irr for Jan - Feb 26 $171.53 69873-021026 Water service for 10560 Beach Irr for Jan 26 $159.63 85873-021026 Water service for 7800 Katella for Jan 26 $1,171.71 98873-021026 Water service for 11432 Beach Irr for Jan 26 $65.3130107-021026 Water service for 11100 Cedar FP for Jan 26 $38.1334873-021026 Water service for 7544 Katella Irr for Jan 26 $316.82 09414-021026 Water service for 10660 Western FP for Jan 26 $57.4775873-021026 Water service for 7800 Katella FP for Jan 26 $54.7525873-021026 Water service for 10181 Beach Irr for Jan 26 $165.57 27873-021026 Water service for 12776 Beach Irr for Jan 26 $159.63 57873-021026 Water service for 12372Beach Irr for Jan 26 $177.48 56873-021026 Water service for 11251 Beach Irr for Jan 26 $159.63 60472-021026 Water service for 10660 Western for Jan 26 $736.68 36873-021026 Water service for 11161 Beach Irr for Jan 26 $1,221.75 26129-020526 Water service 11401 Court Irr for Jan 26 $316.82 26873-021026 Water service for 7910 Katella Irr for Jan 26 $171.53 68873-021026 Water service for 11894 Beach Irr for Jan 26 $159.63 28426-021026 Water service for 10660 Western Irr for Jan 26 $2,966.45 95873-021026 Water services for 7800 Katella Irr for Jan 26 $1,529.75 88279-021026 Water service for 11100 Cedar for Jan 26 $643.06 47873-021026 Water services for 12640 Beach Irr for Jan 26 $138.43 63873-021026 Water service for 7139 Katella Irr for Jan 26 $328.73 88873-021026 Water service for 11632 Beach Irr for Jan 26 $159.63 03668-022026 Electricity for 7635 and 7699 Chapman for 1/21/26-2/19/26 $94.1793632-022026 Electricity for 11820 Santa Paula for 1/21/26-2/19/26 $38.33B0M8M7 March 2026 Employee Dental Ins. $2,503.80 18408 March 2026 Life Ins. $4,286.59
00000058/2 $556.54 VISION SERVICE PLAN - (CA) 824676743 March 2026 VSP $556.54139984 $1,520.00 AUTOMATED GATE SERVICES, INC 0099801 Repair and maintenance of the gate keypad at the OCFA additiona $1,520.00 04072593577 Window wiper fluid $12.7704072634705 Lubricant $8.6004072637753 Car battery $181.6104072676649 Trailer pin $8.4404072700341 Air freshner $27.63 04072676639 Trailer pin $6.3304072654752 Diesel Exhaust Fluid $20.0304072681042 Car battery $201.00 139986 $4,000.00 CYPRESS COLLEGE FOUNDATION 3/21/2026 Americana Awards/Benefactor Sponsor/ Table for 10 $4,000.00 3/4/2026
$466.41 AUTOZONE INC.
00000058/1 $6,790.39 BENEFIT COORDINATORS CORPORATION
BD_CIVICREC_030426 $1,135.00 CIVICRECBD_GSW_030426 $14,303.02 GOLDEN STATE WATER COMPANYBD_SCE_030426 $132.50 SOUTHERN CALIFORNIA EDISON 3/5/2026
139985
Check Date Check Number Check Amount Vendor Bill Number Bill Memo Total Bill Amount (Sum) 73889 Name Badge $28.2873906 Name Plate $30.99
139988 $49.00 DEPARTMENT OF JUSTICE 023489 January 2026 Fingerprints $49.00139989 $2,401.90 DIESEL DIRECT WEST LLC 87089947 Diesel for City Yard $2,401.90 139990 $6,469.32 EXECUTIVE FACILITIES SERVCES, INC 36481 Janitorial services for Jan 26 $6,469.32139991 $2,575.00 FERNWOOD MOBILE HOME PARK 80 License Agreement for SCP spur January 11 - February 9 $2,575.00139992 $82.95 FUSION CONNECT, INC. 1029504977 LAN Lines/SCP 2/20/26 - 3/19/26 $82.95 465358 Face buff $38.01462226 Safety jacket $39.14464530 Supplies for repair $105.90 9811145235 Lightbulbs $229.47
9797255040 Door spring hinges $62.95
139995 $1,736.00 GRANITE CONSTRUCTION COMPANY 3148377 Asphalt for pothole repair $1,736.00 94038 Duplicate keys $54.3893955 Master locks and keys $184.06 139997 $1,530.00 JBX IT & SURVEILLANCE INC Stanton-012025 Security Access/Network/Power Cable Run $1,530.00 55728 Repairs to suspension and fuel tank on OCSD2020 BMW R 1250 RT $766.41 55680 Repairs on Brakes, engine and Drive shaft on 2019 Sheriff motorcy $2,151.30 283411 Commuter straps for OC Sheriff Motorcycle $33.1454954 Rifle rack for Sheriff motorcycle $146.0046364 Inspection Cards/Warning Notices $180.3346702 Business Cards (250) $64.4646868 Building Inspection Door Hangers (100) $205.39 140000 $2,075.00 MITSUBISHI ELECTRIC & ELECTRONICS US, INC 557154 Annual inspection of the elevator $2,075.00 140001 $2,729.69 OC SANITATION DISTRICT OC Sanitation District - JaOrange County Sanitation District Fees - January 2026 $2,729.69 140002 $960.00 ONWARD ENGINEERING 8624 SCE Overtime Inspection 1/26 $960.00140003 $930.56 ORANGE COUNTY SHERIFF'S DEPARTMENT 2026_02_LAWG3 Payroll Remittance $930.56140004 $6,966.50 PACIFIC ADVANCED CIVIL ENGINEERING, INC 11473 ORCO Block 2024-709 "S"/DFN 24-0102 $6,966.50 140005 $8,000.00 PBK ARCHITECTS INC 16 Norm Ross Design services for Feb 26 $8,000.00140006 $135.00 PYRO-COMM SYSTEMS INC. 66068 Fire Alarm Monitoring OC Sheriff Sub Station - Qtr Invoice $135.00140007 $9.72 SECURITAS TECHNOLOGY CORPORATION 6005627854 Additional fee for intrusion service for City Hall $9.72 6005536588 Replace battery for intrusion system at City Hall $48.036005598362 Fire and Intrusion services for City Yard from Apr-Jun 26 $657.60 6005628275 Service work on fire alarm at City Yard $718.75 6005628276 Testing of alarms in elevator at City Yard $550.00 6005584731 Fire and Intrusion srvc for City Hall and FRC for Apr -June 2026 $1,815.39 140009 $20.30 SINOE GARCIA 2/4/26 CPR Training Mileage Reimbursement $20.30 140010 $60.00 SOUTHLAND AUTOMOTIVE WORKS 37566 2018 Ford F550 tire patch $60.00 140011 $86,554.50 SQUARE SIGNS LLC 80280 Citywide Street Sign Replacement Project Phase 2 $86,554.50 140012 $2,939.57 STAPLES BUSINESS CREDIT 7008510166 Office Supplies/JAN-2026 $2,939.57140013 $191.00 TRULY NOLEN OF AMERICA INC 712147056 Pest control for Feb 26 $191.00 189111801-0 UCaaS/ISP/Firewall Mgmt Svcs/FEB-2026 $8,146.65 188629657-0 UCaaS/ISP/Firewall Mgmt Svcs/JAN-2026 $11,139.25 140015 $1,744.89 VERIZON WIRELESS 6136170615 Mobile/Data Plans/Hotspots 1/17/26 - 2/16/26 $1,744.89140016 $269.31 VERNE'S PLUMBING 12470492 Repair to irrigation system caused by City work $269.31 2026-268593-00 Graffiti supplies-paint $2,207.77
2026-280875-00 Graffiti supplies $42.64
140018 $103.00 ANA PENA 100910531 Deposit Refund $103.00140019 $192.00 LAUREN NGUYEN 100326242 Picnic Shelter Refund $192.00140020 $103.00 VIRIDIANA ORTIZ CRUZ 99529527 Deposit Refund $103.00BD_CALPERS_030526 $62,410.72 CA ST PERS-HEALTH BENEFIT Mar-26 March 2026 CalPERS Health Ins. $62,410.72 $2,250.41 VISTA PAINT CORP$450.18 MINUTEMAN PRESS
140008 $3,789.77 SECURITAS TECHNOLOGY CORPORATION140014 $19,285.90 U.S. TELEPACIFIC CORP140017139987 $59.27 CYPRESS ENGRAVING139999 $292.42 GRAINGER, INC.
139996 $238.44 HILL'S BROS LOCK & SAFE INC
$183.05 GOLDENWEST LAWNMOWERS
139998 $3,096.85 LONG BEACH BMW MOTORCYCLES139993139994 Check Date Check Number Check Amount Vendor Bill Number Bill Memo Total Bill Amount (Sum) BD_GSW_030526 $673.56 GOLDEN STATE WATER COMPANY 09159-021126 Water service for 10971 Chestnut Irr for Jan 26 $673.5600000059/1 $3,453.84 ALL CITY MANAGEMENT SVCS, INC. PS-INV103882 Crossing guard services for 2/1/26-2/14/26 $3,453.8400000059/2 $567.00 ARACELY VILLARRUEL AV332026 Baile Folklorico Dance Classes $567.00 00000059/3 $30,487.28 BRIGHTVIEW LANDSCAPE SERVICES, INC 9967283 Landscaping services for February 2026 $30,487.28 00000059/4 $2,612.50 CIVICSTONE, INC 2026023 CDBG Sr. Housing Rehabilitation Grant - Feb. $2,612.5000000059/5 $1,897.50 HARTZOG & CRABILL INC 26-0076 On-Call Traffic services for Jan 26 $1,897.50 4816 Managed IT & Helpdesk Support Svcs/DEC-2025 $9,780.00 4818 Proofpoint/Email Filter/DEC-2025 $534.00
4817 Datto/Spanning Office 365 Cloud Backup Svc/DEC-2025 $265.50 00000059/7 $142,500.00 INTEGRATED DEMOLITION AND REMEDIATION INC 2025-209AD 8900 and 8911 Pacific Demolition Project $142,500.0000000059/8 $537.50 INTERWEST CONSULTING GROUP, INC 3239657 Tina-Pacific Relocation Services/JAN-2026 $537.5000000059/9 $6,979.50 OC TREASURER-TAX COLLECTOR January 2026 County Share of Parking Citation Revenue (633 Citations)/JAN-202 $6,979.50 83709-I1-0825F Parking Enforcement Svcs/Aug-2025 $17,323.2883709-I1-0925F Parking Enforcement Svcs/Sep-2025 $15,609.8283709-I1-0725F Parking Enforcement Svcs/Jul-2025 $16,787.1683709-I1-1025F Parking Enforcement Svcs/Oct-2025 $26,459.7583709-I1-1125F Parking Enforcement Svcs/Nov-2025 $14,944.2983709-I1-0126F Parking Enforcement Svcs/Jan-2026 $12,877.6783709-I1-1225F Parking Enforcement Svcs/Dec-2025 $15,450.7425-261907 CA Fee for Regulatory Costs 12/25 $34.841120250729 Monthly Database Maintenance Fee $146.00 00000059/12 $600.00 VAN RY MAINTENANCE 10172 Floor Cleaning - February 2026 $600.0000000059/13 $240.90 ABSOLUTE SECURITY INTERNATIONAL INC 2020113752 January - Security Services $240.90 189111801-0 UCaaS/ISP/Firewall Mgmt Svcs/FEB-2026 $8,146.65 188629657-0 UCaaS/ISP/Firewall Mgmt Svcs/JAN-2026 $11,139.25188629657-0 UCaaS/ISP/Firewall Mgmt Svcs/JAN-2026 $11,139.25189111801-0 UCaaS/ISP/Firewall Mgmt Svcs/FEB-2026 $8,146.65 Grand Total $713,444.59
U.S. TELEPACIFIC CORP
3/6/2026
00000059/6 $10,579.50 INFINITY TECHNOLOGIES
$119,452.71 SP PLUS CORPORATION
00000062/1 $19,285.90 U.S. TELEPACIFIC CORP140021 $19,285.9000000059/11 $180.84 UNDERGROUND SERVICE ALERT00000059/10 DRAFT
Special and Joint Regular Meeting – March 10, 2026 - Page 1 of 10

THESE MINUTES ARE ISSUED FOR INFORMATION ONLY AND ARE SUBJECT TO

AMENDMENT AND APPROVAL AT NEXT MEETING

MINUTES OF THE CITY COUNCIL / SUCCESSOR AGENCY / HOUSING AUTHORITY OF THE CITY OF STANTON MEETING MARCH 10, 2026

SPECIAL CITY COUNCIL / SUCCESSOR AGENCY / HOUSING AUTHORITY MEETING (5:00 PM)

JOINT REGULAR CITY COUNCIL / SUCCESSOR AGENCY / HOUSING AUTHORITY MEETING (6:30 PM)

1. CALL TO ORDER / CLOSED SESSION
The City Council / Successor Agency / Housing Authority meeting was called to order at 5:01 p.m. by Mayor / Chairman Shawver.

2. ROLL CALL

Present: Council/Agency/Authority Member Barrios, Council/Agency/Authority Member Torres, Council/Agency/Authority Member Warren, Mayor Pro Tem/Vice Chairman Taylor, and Mayor/Chairman Shawver.

Absent: None.

Excused: None.

3. PUBLIC COMMENT ON CLOSED SESSION ITEMS None.

4. CLOSED SESSION
The members of the City Council / Successor Agency / Housing Authority of the City of Stanton proceeded to closed session at 5:02 p.m. for discussion regarding:
4A. CONFERENCE WITH LEGAL COUNSEL- EXISTING LITIGATION
Pursuant to Government Code section 54956.9(d)(1)
Number of cases: 2
Case Name: Tina-Pacific Residents Association, et al. v. City of Stanton, et al.

Case Number: 30-2023-01316300-CU-WM-CXC
Case Name: Tina-Pacific Residents Association, et al. v. City of Stanton, et al.

Case Number: 30-2025-01503396-CU-BC-CXC
Item: 9C
Click here to return to the agenda.

DRAFT
Special and Joint Regular Meeting – March 10, 2026 - Page 2 of 10

THESE MINUTES ARE ISSUED FOR INFORMATION ONLY AND ARE SUBJECT TO

AMENDMENT AND APPROVAL AT NEXT MEETING
4B. CONFERENCE WITH REAL PROPERTY NEGOTIATOR
(Pursuant to Government Code Section 54956.8)
Property: 8830 Tina Way, Anaheim, CA (APN 126-481-01)
8840 Tina Way, Anaheim, CA (APN 126-481-02)
8850 Tina Way, Anaheim, CA (APN 126-481-03)
8860 Tina Way, Anaheim, CA (APN 126-481-04)
8870 Tina Way, Anaheim, CA (APN 126-481-05)
8880 Tina Way, Anaheim, CA (APN 126-481-06)
8890 Tina Way, Anaheim, CA (APN 126-481-07)
8900 Tina Way, Anaheim, CA (APN 126-481-08)
8910 Tina Way, Anaheim, CA (APN 126-481-09)
8920 Tina Way, Anaheim, CA (APN 126-481-10)
8930 Tina Way, Anaheim, CA (APN 126-481-11)
8940 Tina Way, Anaheim, CA (APN 126-481-12)
8950 Tina Way, Anaheim, CA (APN 126-481-13)
8960 Tina Way, Anaheim, CA (APN 126-481-14)
8970 Tina Way, Anaheim, CA (APN 126-481-15)
8841 Pacific Avenue, Anaheim, CA (APN 126-481-29)
8851 Pacific Avenue, Anaheim, CA (APN 126-481-28)
8861 Pacific Avenue, Anaheim, CA (APN 126-481-27)
8870 Pacific Avenue, Anaheim, CA (APN 126-482-05)
8871 Pacific Avenue, Anaheim, CA (APN 126-481-26)
8880 Pacific Avenue, Anaheim, CA (APN 126-482-06)
8881 Pacific Avenue, Anaheim, CA (APN 126-481-25)
8890 Pacific Avenue, Anaheim, CA (APN 126-482-07)
8891 Pacific Avenue, Anaheim, CA (APN 126-481-24)
8900 Pacific Avenue, Anaheim, CA (APN 126-482-08)
8901 Pacific Avenue, Anaheim, CA (APN 126-481-23)
8910 Pacific Avenue, Anaheim, CA (APN 126-482-09)
8911 Pacific Avenue, Anaheim, CA (APN 126-481-22)
8920 Pacific Avenue, Anaheim, CA (APN 126-482-10)
8921 Pacific Avenue, Anaheim, CA (APN 126-481-21)
8930 Pacific Avenue, Anaheim, CA (APN 126-482-11)
8931 Pacific Avenue, Anaheim, CA (APN 126-481-20)
8940 Pacific Avenue, Anaheim, CA (APN 126-482-12)
8941 Pacific Avenue, Anaheim, CA (APN 126-481-19)
8950 Pacific Avenue, Anaheim, CA (APN 126-482-13)
8951 Pacific Avenue, Anaheim, CA (APN 126-481-18)
8960 Pacific Avenue, Anaheim, CA (APN 126-482-14)
8961 Pacific Avenue, Anaheim, CA (APN 126-481-17)
8970 Pacific Avenue, Anaheim, CA (APN 126-482-15)
8971 Pacific Avenue, Anaheim, CA (APN 126-481-16)
DRAFT
Special and Joint Regular Meeting – March 10, 2026 - Page 3 of 10

THESE MINUTES ARE ISSUED FOR INFORMATION ONLY AND ARE SUBJECT TO

AMENDMENT AND APPROVAL AT NEXT MEETING
Negotiating Parties: Hannah Shin-Heydorn, City Manager, City of Stanton Hannah Shin-Heydorn, Executive Director, Housing
Authority
Hannah Shin-Heydorn, Executive Director, Successor
Agency
David M. Cook and Chaicran Daphnie, Owner
Jennie Trust, Owner
Nga Summer Thien Trang (Trang Trust), Owner
Ngoc Trieu and Andy Pham, Owner
Sky Nguyen / Nguyen Sky SN Living Trust, Owner
Steven W. Reiss Trust (Steven W. Reiss), Owner
Tammy T. Doan and H. Le Harvey, Owner
Trachy Family Trust (Phillip R. Trachy), Owner
Under Negotiation: Instruction to negotiator will concern price and terms of payment.

5. CALL TO ORDER / SUCCESSOR AGENCY / STANTON HOUSING AUTHORITY

MEETING
The City Council / Successor Agency / Housing Authority reconvened in open session at 6:30 p.m.

6. ROLL CALL

Present: Council/Agency/Authority Member Barrios, Council/Agency/Authority Member Torres, Council/Agency/Authority Member Warren, Mayor Pro Tem/Vice Chairman Taylor, and Mayor/Chairman Shawver.

Absent: None.

Excused: None.

7. PLEDGE OF ALLEGIANCE
Led by Ms. Linda Gallagher.

The City Attorney / Agency Counsel reported that the City Council / Successor Agency / Housing Authority met in closed session from 5:02 to 6:30 p.m.

The City Attorney / Agency Counsel reported that there was no reportable action.

DRAFT
Special and Joint Regular Meeting – March 10, 2026 - Page 4 of 10

THESE MINUTES ARE ISSUED FOR INFORMATION ONLY AND ARE SUBJECT TO

AMENDMENT AND APPROVAL AT NEXT MEETING

8. SPECIAL PRESENTATIONS AND AWARDS
A. Presentation by Mr. Howard Kummerman, Executive Director, Cypress College Foundation regarding the 51st Annual Americana Awards, which will honor Ms.

Linda Gallagher as the 2026 Citizen of the Year for the City of Stanton.

B. Ms. Hannah Shin-Heydorn, City Manager, presented an update on the City’s homeless outreach activities.

9. CONSENT CALENDAR
Mayor Shawver requested to pull Item 9H from the consent calendar for separate discussion.

Motion/Second: Shawver/Warren
Motion carried by the following vote:

AYES: 5 (Barrios, Shawver, Taylor, Torres, and Warren)
NOES: None
ABSTAIN: None
ABSENT: None
Motion unanimously carried:

CONSENT CALENDAR
9A. MOTION TO APPROVE THE READING BY TITLE OF ALL ORDINANCES AND RESOLUTIONS. SAID ORDINANCES AND RESOLUTIONS THAT APPEAR ON

THE PUBLIC AGENDA SHALL BE READ BY TITLE ONLY AND FURTHER

READING WAIVED
The City Council/Agency Board/Authority Board waived reading of Ordinances and Resolutions.
9B. APPROVAL OF WARRANTS
The City Council approved demand warrants dated February 7, 2026 – February 20, 2026, in the amount of $424,811.61.
9C. APPROVAL OF MINUTES
The City Council/Successor Agency/Housing Authority approved Minutes of Joint Regular Meeting – February 24, 2026.

DRAFT
Special and Joint Regular Meeting – March 10, 2026 - Page 5 of 10

THESE MINUTES ARE ISSUED FOR INFORMATION ONLY AND ARE SUBJECT TO

AMENDMENT AND APPROVAL AT NEXT MEETING
9D. DECEMBER 2025 INVESTMENT REPORT
The Investment Report as of December 31, 2025, has been prepared in accordance with the City’s Investment Policy and California Government Code Section 53646.

1. The City Council finds that this item is not subject to California Environmental Quality Act (“CEQA”) pursuant to Sections 15378(b)(5) (Organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment); and

2. Received and filed the Investment Report for the month of December 2025. 9E. DECEMBER 2025 INVESTMENT REPORT (SUCCESSOR AGENCY)
The Investment Report as of December 31, 2025, has been prepared in accordance with the City’s Investment Policy and California Government Code Section 53646.

1. The Successor Agency finds that this item is not subject to California Environmental Quality Act (“CEQA”) pursuant to Sections 15378(b)(5) (Organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment); and

2. Received and filed the Investment Report for the month of December 2025. 9F. DECEMBER 2025 (INCLUDES NOVEMBER 2025 IN YEAR-TO-DATE ACTUALS) GENERAL FUND REVENUE AND EXPENDITURE REPORT; HOUSING
AUTHORITY REVENUE AND EXPENDITURE REPORT; STATUS OF CAPITAL

IMPROVEMENT PROGRAM
The Revenue and Expenditure Reports for the month end December 31, 2025, have been provided to the City Manager in accordance with Stanton Municipal Code Section 2.20.080 (D) and are being provided to the City Council. This report includes information on both the City’s General Fund and the Housing Authority Fund.

2. Received and filed the General Fund and Housing Authority Fund December 2025 (including November 2025 actuals) Revenue and Expenditure Reports and Status of Capital Improvement Projects for the month ended December 31, 2025.

DRAFT
Special and Joint Regular Meeting – March 10, 2026 - Page 6 of 10

THESE MINUTES ARE ISSUED FOR INFORMATION ONLY AND ARE SUBJECT TO

AMENDMENT AND APPROVAL AT NEXT MEETING
9G. APPROVAL OF SUMMARY PUBLIC VACATION OF ALLEYWAY LOCATED

NEAR CHESTNUT AVENUE IN THE CITY OF STANTON
On July 29, 2025, Travis Nicholson of TTS Engineering, Inc. submitted a request to the City for vacation of the City’s property rights to use a 15-foot-wide alleyway located between Chestnut Avenue and another alleyway. The City Council may vacate these rights pursuant to the State Streets & Highways Code by considering and adopting a resolution of vacation when an excess right-of-way of a street or highway, including alleyways, is not required for street or highway purposes. City staff has reviewed the request and determined that a summary vacation of the City’s rights in the alleyway is appropriate.

1. The City Council declared this project is categorically exempt under the California Environmental Quality Act (“CEQA”), Section 15061(b)(3) (“common sense exemption”) CEQA applies only to projects which have the potential for causing a significant effect on the environment; and

2. Adopted Resolution No. 2026-04 summarily vacating the City’s property interest in an alleyway located near Chestnut Avenue, entitled:
“A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

STANTON, CALIFORNIA, VACATING A PORTION OF A PUBLIC

ALLEY LOCATED NEAR CHESTNUT AVENUE IN THE CITY OF

STANTON, PURSUANT TO STREETS AND HIGHWAYS CODE
SECTIONS 8300 ET SEQ.”.
9I. ACCEPTANCE OF THE 8900 AND 8911 PACIFIC AVENUE DEMOLITION

PROJECT BY THE CITY COUNCIL OF THE CITY OF STANTON, CALIFORNIA The 8900 and 8911 Pacific Avenue Demolition Project consisting of the demolition and abatement of two vacant 4-plex buildings located at 8900 and 8911 Pacific Avenue is now complete. The final construction cost for the project was $150,000, the contract award amount. The City Engineer, in his judgment, certifies that the work was satisfactorily completed as of February 19, 2026, and recommends that the City Council accept the completed work performed on this project.

1. The City Council finds that the project is categorically exempt from the California Environmental Quality Act (CEQA) pursuant to Section 15301(l)(3), Class 1 – minor alteration and demolition of existing small structures; and

2. Accepted the completed improvements for the 8900 and 8911 Pacific Avenue Demolition Project as certified by the City Engineer, and established February 19, 2026, as the official date of completion; and

3. Approved the final construction contract amount of $150,000.00 with Integrated Demolition and Remediation, Inc.; and
DRAFT
Special and Joint Regular Meeting – March 10, 2026 - Page 7 of 10

THESE MINUTES ARE ISSUED FOR INFORMATION ONLY AND ARE SUBJECT TO

AMENDMENT AND APPROVAL AT NEXT MEETING

4. Directed the City Clerk within ten (10) days from the date of acceptance to file the Notice of Completion with the County Clerk-Recorder of the County of Orange; and

5. Directed City staff, after thirty-five (35) days has elapsed from the filing of the “Notice of Completion” with the County Clerk-Recorder, to make the retention payment to Integrated Demolition and Remediation, Inc. in the amount of $7,500.00.
9J. APPROVAL OF THE RESTRICTED GRANT AGREEMENT WITH THE

DEPARTMENT OF TRANSPORTATION (CALTRANS) FOR THE COMMUNITY

CLEANUP PROJECT AND APPROVAL OF APPROPRIATION OF FUNDS
In February 2026, the City received notice from the Department of Transportation (Caltrans) confirming the award of the Community Cleanup and Employment Pathway (CCEP) Grant Program for the proposed Community Cleanup Project.

Caltrans is requiring the City to provide the Restricted Grant Agreement (RGA) which is used to govern the authorization and use of funds.

1. The City Council declared this project to be categorically exempt under the California Environmental Quality Act, Section 15378(b)(5) – Organizational or administrative activities of governments that will not result in direct or indirect physical change in the environment; and

2. Accepted the Community Cleanup and Employment Pathways Grant in the amount of $300,000; and

3. Approved and authorized the City Manager to execute the Restricted Grant Agreement (RGA) (12-CCEP-04); and

4. Appropriated a total of $300,000 from the General Fund (account # 101-3500- 608100) and increased revenues in the Grants Fund (account # 227-0000- 432300) in the same amount being appropriated; and

5. Authorized the City Manager to amend the adopted Fiscal Year (FY) 25/26 Operating Budget to include the Community Cleanup Project and create a Task Code to track expenditures.

END OF CONSENT CALENDAR
DRAFT
Special and Joint Regular Meeting – March 10, 2026 - Page 8 of 10

THESE MINUTES ARE ISSUED FOR INFORMATION ONLY AND ARE SUBJECT TO

AMENDMENT AND APPROVAL AT NEXT MEETING
At the request of Mayor Shawver and with consensus of the City Council, this item was tabled for discussion at the March 24, 2026, regularly scheduled City Council meeting. 9H. APPROVAL OF WASTE INFRASTRUCTURE SYSTEM ENTERPRISE (WISE)

RECOMMENDED ACTION:

2. Approve the Waste Infrastructure System Enterprise (WISE) Agreement with the County of Orange for municipal solid waste disposal rates and services; and

3. Approve the Franchise Hauler Acknowledgement with CR&R Incorporated for compliance with obligations under the Waste Infrastructure System Enterprise (WISE) Agreement; and

4. Authorize the City Manager to execute the Waste Infrastructure System Enterprise (WISE) Agreement and Franchise Hauler Acknowledgement.

10. PUBLIC HEARINGS None.

11. UNFINISHED BUSINESS None.

12. NEW BUSINESS None.

13. ORAL COMMUNICATIONS – PUBLIC
Sam Giahi, submitted an e-public comment inquiring about the City’s policy in adopting AI to reduce cost, increase efficiency, and the speed of operations.

14. WRITTEN COMMUNICATIONS None.

DRAFT
Special and Joint Regular Meeting – March 10, 2026 - Page 9 of 10

THESE MINUTES ARE ISSUED FOR INFORMATION ONLY AND ARE SUBJECT TO

AMENDMENT AND APPROVAL AT NEXT MEETING

15. MAYOR/CHAIRMAN/COUNCIL/AGENCY/AUTHORITY INITIATED BUSINESS 15A. COMMITTEE REPORTS/COUNCIL/AGENCY/AUTHORITY ANNOUNCEMENTS • Council Member Warren reported on his participation in the National Read Across America Day, which was held on March 2, 2026.
• Council Member Barrios reported on his participation in the National Read Across America Day, which was held on March 2, 2026.
• Council Member Barrios reported on his attendance and participation in the City of Westminster’s 2026 Westminster Tet Parade, which was held on February 21, 2026.
• Council Member Barrios reported on his and City Manager Hannah ShinHeydorn’s attendance at the City of Fountain Valley’s 2026 State of the City event, which was held on March 5, 2026
15B. COUNCIL/AGENCY/AUTHORITY INITIATED ITEMS FOR A FUTURE COUNCIL

MEETING
Mayor Shawver requested to agendize for discussion the use of cell phones at the dais during City Council meetings.
15C. COUNCIL/AGENCY/AUTHORITY INITIATED ITEMS FOR A FUTURE STUDY

SESSION
None.

16. ITEMS FROM CITY ATTORNEY/AGENCY COUNSEL/AUTHORITY COUNSEL None.

17. ITEMS FROM CITY MANAGER/EXECUTIVE DIRECTOR
• Ms. Hannah Shin-Heydorn, City Manager, reported that the City’s Citizen’s Academy will hold its first session on Wednesday, March 11, 2026. • Ms. Hannah Shin-Heydorn, City Manager, reported that the City will be holding a Talk on the Block meeting to discuss and provide an overview and update of the Orangewood Complete Streets Project, which is scheduled to be held on March 16, 2026, at Stanton City Hall, Council Chambers.

DRAFT
Special and Joint Regular Meeting – March 10, 2026 - Page 10 of 10

THESE MINUTES ARE ISSUED FOR INFORMATION ONLY AND ARE SUBJECT TO

AMENDMENT AND APPROVAL AT NEXT MEETING
17A. ORANGE COUNTY FIRE AUTHORITY
At this time the Orange County Fire Authority will provide the City Council with an update on their current operations.

Division Chief Matthew Schuetz, provided the City Council with an update on their current operations.

18. ADJOURNMENT Motion/Second: Shawver/
Motion carried at 7:06 p.m.
________________________________

MAYOR/CHAIRMAN
ATTEST:
________________________________

CITY CLERK/SECRETARY
1 CITY OF STANTON

REPORT TO THE CITY COUNCIL
TO: Honorable Mayor and Members of the City Council
DATE: March 24, 2026
SUBJECT: JANUARY 2026 INVESTMENT REPORT
REPORT IN BRIEF:

The Investment Report as of January 31, 2026, has been prepared in accordance with the City’s Investment Policy and California Government Code Section 53646.

RECOMMENDED ACTION:

2. Receive and file the Investment Report for the month of January 2026.

BACKGROUND:

Changes in the City’s cash and investment balances during the month of January are summarized below:

Between December 31, 2025, and January 31, 2026, the City’s total cash and investments increased by approximately $5.8 million. During the month of January, the City received $5.7 million in property tax revenue that included $2.2 million in residual and pass-thru property tax revenue associated with the redevelopment successor agency and $3.4 million in property tax In Lieu of vehicle license fees (VLF). VLF remittances are received semi-annually.

Beginning Balance Net Change Ending Balance
Cash and Investment Accounts (Pooled-All Funds) $ 71,361,163.42 $ 5,675,163.21 $ 77,036,326.63 Cash (Non-Pooled) 5,375,425.90 142,131.98 5,517,557.88
Total Cash and Investments $ 76,736,589.32 $ 5,817,295.19 $ 82,553,884.51 Item: 9D
Click here to return to the agenda.
2 The City’s cash and investment balances by fund type are presented in Attachment A.

The detail of investments by type that are managed by Chandler Asset Management, LLC (“Chandler”), of which staff determined provide a net advantage to the City, are presented in Attachment B.

ANALYSIS:

The monthly cash and investment report provides a summary of the cash and investment accounts held by the City as of the end of that month. In order to manage its cash and investments, the City combines cash resources from all funds into a single pool consisting of a variety of accounts and securities. The balance in the pooled cash account includes cash and certain liquid investments that are available to meet the City’s current cash needs. Cash in excess of the City’s current cash needs is invested in interest-bearing investments with various maturities.

As of January 31, 2026, the market value of the City’s total investment portfolio was $72.1 million, of which $31.5 million (44%) was invested in the State Local Agency Investment Fund (LAIF) and $40.6 million (56%) was managed by Chandler. Detailed information regarding the securities contained in the City’s investment portfolio is provided in Attachment B. As of January 31, 2026, City investments consisted of the following:

The City’s investment portfolio is well-diversified with investments spread across nine different security types. Likewise, the average maturity of the City’s portfolio (except for LAIF) is approximately 3.0 years, which is within the 3.5 years target in the City’s investment policy.

Investment Type
Market Value as of
January 31, 2026
Percentage of
Portfolio
Invested by
Type
Maximum
Percentage of
Portfolio
Permitted by
Investment
Policy In Compliance?
Managed by Chandler:

U.S. Treasury Notes $ 15,270,832.55 21.18% 100.00% Yes
Corporate Notes 11,025,843.03 15.29% 30.00% Yes
Federal Agency Securities 4,631,201.00 6.42% 100.00% Yes Asset Backed Securities 2,811,435.77 3.90% 20.00% Yes
Collateralized Mortgage Obligations 5,166,758.95 7.17% 20.00% Yes Supranational 1,102,742.90 1.53% 30.00% Yes
Municipal Bonds 404,647.09 0.56% 100.00% Yes
Money Market Fund/Cash 145,657.29 0.20% 20.00% Yes
Total Managed by Chandler (Attachment B) 40,559,118.58 56.26% Local Agency Investment Fund (LAIF) 31,531,137.13 43.74% 100.00% Yes Total Investments $ 72,090,255.71 100.00%
3 FISCAL IMPACT:

All deposits and investments have been made in accordance with the City's Fiscal Year 2025/26 Investment Policy. The portfolio will allow the City to meet its expenditure requirements for the next six months. Staff remains confident that the investment portfolio is currently positioned to remain secure and sufficiently liquid.

ENVIRONMENTAL IMPACT:

This item is not subject to California Environmental Quality Act (“CEQA”) pursuant to Sections 15378(b)(5) (Organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment).

LEGAL REVIEW:

None.

PUBLIC NOTIFICATION:

Through the normal agenda posting process.

STRATEGIC GOAL:

Goal 4. Ensure fiscal stability.

Prepared by: Sharon del Rosario, Finance Director
Approved by: Hannah Shin-Heydorn, City Manager
ATTACHMENTS:

A. Cash and Investments by Fund
B. Investment Portfolio Detail
Fund/ Account
No. Fund/Account Name Beginning Balance Increases Decreases Ending Balance 101-various General Fund 35,574,735.97 12,768,339.68 (7,286,210.71) $ 41,056,864.94 102-111101 General Fund (Transactions & Use Tax) (329,229.31) - (329,229.31) - 103-111101 PCTA Administration (28,077.33) - (5,368.42) (33,445.75) 104-111101 Public Benefit Fees Fund 2,338,507.78 - (209,845.22) 2,128,662.56 105-111101 Beautification Fees Fund 562,784.81 - - 562,784.81 106-111101 Neighborhood Preservation Fees Fund 165,000.00 - - 165,000.00 107-111101 Cannabis Community Benefit Fees Fund 173,542.69 10,072.68 (38,988.54) 144,626.83 210-111101 Certified Access Specialists (CASP) Program Fund 82,642.62 - - 82,642.62 211-111101 Gas Tax Fund 2,917,460.34 62,329.97 (117,541.05) 2,862,249.26 215-111101 Road Maintenance and Rehabilitation Act (RMRA) Fund 1,733,172.93 174,191.80 (88,611.30) 1,818,753.43 220-111101 Measure M Fund 1,115,234.87 235,257.000 (120,400.00) 1,230,091.87 221-111101 Community Development Block Grant-CV (CDBG-CV) Fund - - - - 222-111101 Community Development Block Grant Fund 473,113.61 108,878.000 (393,784.03) 188,207.58 224-111101 Lighting Maintenance 1919 Act Fund 2,320,432.18 834,825.36 (426,212.49) 2,729,045.05 225-111101 Lighting/Median Maintenance 1972 Act Fund 679,276.66 3,273.95 (18,382.11) 664,168.50 226-111101 Air Quality Improvement Fund 234,535.89 - (45.00) 234,490.89 227-111101 Other Grants Fund (427,489.08) - (61,725.82) (489,214.90) 242-111101 Supplemental Law Enforcement Grant Fund 359,589.88 35,433.640 (26,016.82) 369,006.70 245-111101 Justice Assistance Grant (JAG) Grant Fund 1.52 - - 1.52 250-111101 Families and Communities Together (FaCT) Grant Fund (21,610.94) 36,950.94 (30,371.81) (15,031.81) 251-111101 Senior Transportation Fund 95,198.28 12,526.770 (7,768.01) 99,957.04 301-111101 Street Impact Fees Fund - - - -
262-111101 Traffic Signal Impact Fee - - - -
263-111101 Community Center Impact Fees Fund - - - -
264-111101 Police Services Impact Fees Fund - - - -
271-111101 Public Safety Task Force Fund (City Funds) 50,188.23 - (9,034.93) 41,153.30 280-111101 Stanton Central Park Maintenance Fund - - - - 285-various Stanton Housing Authority Fund 6,890,483.37 81,190.22 (161,155.42) 6,810,518.17 301-111101 Street Impact Fees Fund 311,790.68 2,736.00 (1,368.00) 313,158.68 302-111101 Traffic Signal Impact Fee 43,567.09 612.00 (306.00) 43,873.09 303-111101 Community Center Impact Fees Fund 332,887.43 1,770.00 (885.00) 333,772.43 304-111101 Police Services Impact Fees Fund 300,926.44 1,602.00 (801.00) 301,727.44 305-111101 Capital Projects Fund (528,987.52) 1,001,652.84 (655,690.41) (183,025.09) 310-111101 Park and Recreation Facilities Fund 3,946,545.91 - 3,946,545.91 - 501-111101 Sewer Maintenance Fund 9,495,635.15 83,367.53 (237,306.13) 9,341,696.55 502-111101 Sewer Capital Improvement Fund 16,016.09 - - 16,016.09 503-111101 Sewer Capacity Fee Fund 977.49 1,948.000 (974.00) 1,951.49 602-111101 Workers' Compensation Fund 766,310.00 - (1,744.58) 764,565.42 603-111101 Liability Risk Management Fund (284,253.55) 44,959.59 (23,290.22) (262,584.18)

CITY OF STANTON

CASH AND INVESTMENTS REPORT
MONTH ENDED JANUARY 31, 2026
Attachment: A
Click here to return to the agenda.

Fund/ Account
No. Fund/Account Name Beginning Balance Increases Decreases Ending Balance

CITY OF STANTON

CASH AND INVESTMENTS REPORT
MONTH ENDED JANUARY 31, 2026
604-111101 Employee Benefits Fund 33,440.68 189,977.64 (120,061.69) 103,356.63 605-111101 Fleet Maintenance Fund 567,830.99 11,386.12 (36,765.00) 542,452.11 712-111101 Redevelopment Administration 1,338,435.92 3,935,426.94 (3,882,172.00) 1,391,690.86 801-111101 Developer Deposits Fund 60,545.65 - (719.75) 59,825.90 Total Pooled Cash and Investments(1) $ 19,644,822.00 71,361,163.42 $ (13,969,658.79) $ 77,036,326.63 $ Less: Investments(1) $ (4,454,706.38) (67,638,985.01) $ 3,435.68 $ (72,090,255.71) $ Cash - BMO Bank General Checking Account $ 15,190,115.62 3,722,178.41 $ (13,966,223.11) $ 4,946,070.92 $

CASH-NON-POOLED
xxx-111103 Payroll Account - $ 307,137.16 $ (307,137.16) $ - $ 101-111109 Flexible Spending/AFLAC 698.49 16,352.000 (613.22) 16,437.27 101-111505 Petty Cash 600.00 - - 600.00
285-111403 Cash with Property Management Company (QMG) 991.73 - - 991.73 604-111404 Cash with Fiscal Agent (Schwab) (2) 5,373,135.68 127,288.72 (895.52) 5,499,528.88 Total Cash-Non-Pooled $ 450,777.88 5,375,425.90 $ (308,645.90) $ 5,517,557.88 $

INVESTMENTS
POOLED ALL FUNDS 67,638,985.01 $ 4,454,706.38 $ (3,435.68) $ 72,090,255.71 $ Total Investments (3) $ 4,454,706.38 67,638,985.01 $ (3,435.68) $ 72,090,255.71 $ TOTAL CASH AND INVESTMENTS $ 20,095,599.88 76,736,589.32 $ (14,278,304.69) $ 82,553,884.51 $ Notes:
(3) - Additional information regarding the City's investments is included in Attachment B. (1) - Pooled cash includes: City's general checking and safekeeping accounts with BMO Harris Bank, the City's Local Agency Investment Fund (LAIF) account, the Housing Authority's LAIF account, and the City's investment portfolio account with Chandler Asset Management. (2) - The Charles Schwab Trust Bank (Schwab) account is an irrevocable trust that can be used for pension and other post employment benefits only.

This fund is excluded from the compliance requirements set forth in the City's investment policy.

MONTHLY ACCOUNT STATEMENT
City of Stanton | Account #10991 | As of January 31, 2026 CHANDLER ASSET MANAGEMENT | chandlerasset.com
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 at the end of the statement.

Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian:

US Bank
Attachment: B
Click here to return to the agenda.

PORTFOLIO SUMMARY
Portfolio Characteristics
Sector Allocation
Performance Review
Account Summary
Maturity Distribution
Top Issuers
Credit Quality*
Total Rate of Return** 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS Since Inception (12/01/22)
City of Stanton 0.24% 1.03% 0.24% 5.87% 4.81% 4.58% -- -- 4.73% Benchmark Return 0.16% 0.90% 0.16% 5.39% 4.46% 4.18% -- -- 4.31% Average Modified Duration 2.61
Average Coupon 4.01%
Average Purchase YTM 4.28%
Average Market YTM 3.78%
Average Credit Quality* AA
Average Final Maturity 3.02
Average Life 2.85
End Values as of
12/31/2025
End Values as of
01/31/2026
Market Value 40,396,889.74 40,559,118.58
Accrued Interest 364,284.17 297,729.01
Total Market Value 40,761,173.91 40,856,847.59
Income Earned 170,204.31 68,387.62
Cont/WD 0.00 0.00
Par 40,129,006.71 40,401,629.37
Book Value 39,696,081.68 39,946,022.12
Cost Value 39,696,081.68 39,946,022.12
United States 37.65%
Federal Home Loan Mortgage Corp 12.74%
Farm Credit System 6.90%
Federal Home Loan Banks 3.66%
Toyota Motor Corporation 1.97%
Bank of America Corporation 1.55%
WF Card Issuance Trust 1.33%
Eli Lilly and Company 1.27%
**Periods over 1 year are annualized.

Benchmark: ICE BofA 1-5 Year Unsubordinated US Treasury & Agency Index *The average credit quality is a weighted average calculation of the highest of S&P, Moody’s and Fitch.

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes

AGENCY MORTGAGE SECURITIES
Max % (MV) 100.0 12.7 Compliant
Max % Issuer (MV) 25.0 12.7 Compliant
Max Maturity (Years) 5.0 4.7 Compliant

ASSET-BACKED SECURITIES (ABS)
Max % (MV; Non Agency ABS & MBS) 20.0 6.9 Compliant
Max % Issuer (MV) 5.0 0.8 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

BANKERS' ACCEPTANCES
Max % (MV) 40.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 180 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1) 0.0 0.0 Compliant

CERTIFICATE OF DEPOSIT PLACEMENT SERVICE (CDARS)
Max % (MV) 30.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant

COLLATERALIZED BANK DEPOSITS
Max Maturity (Years) 5.0 0.0 Compliant

COLLATERALIZED TIME DEPOSITS (NON-NEGOTIABLE
CD/TD)
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant

COMMERCIAL PAPER
Max % (MV) 25.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 270 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1) 0.0 0.0 Compliant

CORPORATE MEDIUM TERM NOTES
Max % (MV) 30.0 27.2 Compliant
Max % Issuer (MV) 5.0 2.0 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant
CONFIDENTIAL | 4
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes

FDIC INSURED TIME DEPOSITS (NON-NEGOTIABLE CD/
TD)
Max % (MV) 20.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant

FEDERAL AGENCIES
Max % (MV) 100.0 11.4 Compliant
Max % Issuer (MV) 25.0 6.9 Compliant
Max Callables (MV) 20.0 0.0 Compliant
Max Maturity (Years) 5 3 Compliant

LOCAL AGENCY INVESTMENT FUND (LAIF)
Max Concentration (MV) 75.0 0.0 Compliant

MONEY MARKET MUTUAL FUNDS
Max % (MV) 20.0 0.2 Compliant
Max % Issuer (MV) 20.0 0.2 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant

MORTGAGE-BACKED SECURITIES (NON-AGENCY)
Max % (MV) 20.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, LOCAL AGENCY)
Max % (MV) 30.0 1.0 Compliant
Max % Issuer (MV) 5.0 1.0 Compliant
Max Maturity (Years) 5 3 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, OTHER STATES)
Max % (MV) 30.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

NEGOTIABLE CERTIFICATES OF DEPOSIT (NCD)
Max % (MV) 30.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
CONFIDENTIAL | 5
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
Min Rating (A-1 by 1 or A- by 1 if > FDIC Limit) 0.0 0.0 Compliant

SUPRANATIONAL OBLIGATIONS
Max % (MV) 30.0 2.7 Compliant
Max % Issuer (MV) 10.0 1.1 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
U.S. TREASURIES
Max % (MV) 100.0 37.7 Compliant
Max Maturity (Years) 5 4 Compliant
CONFIDENTIAL | 6
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

RECONCILIATION SUMMARY
Accrual Activity Summary
Fair Market Activity Summary
Month to Date Fiscal Year to Date
(07/01/2025)
Beginning Book Value 39,696,081.68 38,749,318.46
Maturities/Calls 0.00 (675,000.00)
Principal Paydowns (58,886.30) (486,387.39)
Purchases 2,500,424.12 11,955,366.86
Sales (2,310,030.73) (9,895,279.22)
Change in Cash, Payables, Receivables 67,467.29 67,823.17 Amortization/Accretion 0.00 0.00
Realized Gain (Loss) 50,966.06 230,180.24
Ending Book Value 39,946,022.12 39,946,022.12
Month to Date Fiscal Year to Date
(07/01/2025)
Beginning Market Value 40,396,889.74 39,439,336.53
Maturities/Calls 0.00 (675,000.00)
Principal Paydowns (58,886.30) (486,387.39)
Purchases 2,500,424.12 11,955,366.86
Sales (2,310,030.73) (9,895,279.22)
Change in Cash, Payables, Receivables 67,467.29 67,823.17 Amortization/Accretion 0.00 0.00
Change in Net Unrealized Gain (Loss) (87,711.60) (76,921.61) Realized Gain (Loss) 50,966.06 230,180.24
Ending Market Value 40,559,118.58 40,559,118.58
Maturities / Calls
Month to Date 0.00
Fiscal Year to Date (675,000.00)
Principal Paydowns
Month to Date (58,886.30)
Fiscal Year to Date (486,387.39)
Purchases
Month to Date 2,500,424.12
Fiscal Year to Date 11,955,366.86
Sales
Month to Date (2,310,030.73)
Fiscal Year to Date (9,895,279.22)
Interest Received
Month to Date 129,115.44
Fiscal Year to Date 912,562.09
Purchased / Sold Interest
Month to Date 5,827.33
Fiscal Year to Date 9,920.34
CONFIDENTIAL | 7
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
ABS
47800BAC2 JDOT 2022-C A3 5.09
06/15/2027 17,658.07 10/12/20225.09%
17,656.70
17,656.70
100.20

4.26%
17,693.92

39.95 0.04%

37.22 Aaa/NA
AAA

1.37 0.22
58770JAD6 MBALT 2024-A A3 5.32
01/18/2028 70,000.00 05/17/20245.32%
69,991.81
69,991.81
100.87

3.89%
70,609.49
165.51

0.17%
617.68
Aaa/NA
AAA

1.96 0.58
44933XAD9 HART 2023-B A3 5.48
04/17/2028 237,680.99 07/11/20245.27%
238,952.95
238,952.95
100.67

3.96%
239,263.94
578.89

0.59%
310.99
NA/AAA
AAA

2.21 0.42
47787CAC7 JDOT 2023-C A3 5.48
05/15/2028 183,732.40 12/05/20235.08%
185,641.49
185,641.49
100.84

4.23%
185,281.81
447.49

0.46%
(359.68)
Aaa/NA
AAA

2.29 0.64
096912AD2 BMWLT 2025-1 A3 4.43
06/26/2028 100,000.00 06/03/20254.43%
99,997.80
99,997.80
100.84

3.82%
100,843.40

73.83 0.25%
845.60
NA/AAA
AAA

2.40 1.29
161571HT4 CHAIT 2023-1 A 5.16 09/15/2028 280,000.00 09/07/2023

5.23%
279,922.38
279,922.38
100.83

3.83%
282,325.40
642.13

0.70%
2,403.02
NA/AAA
AAA

2.62 0.60
05594HAD5 BMWLT 2025-2 A3 3.97
09/25/2028 205,000.00 10/08/20253.97%
204,999.43
204,999.43
100.18

3.87%
205,369.82
135.64

0.51%
370.39
NA/AAA
AAA

2.65 1.31
448973AD9 HART 2024-A A3 4.99
02/15/2029 79,487.94 03/11/20245.00%
79,470.42
79,470.42
100.89

3.80%
80,191.97
176.29

0.20%
721.55
NA/AAA
AAA

3.04 0.71
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029 109,754.91 06/04/20245.18%
109,738.23
109,738.23
100.91

3.73%
110,749.73

94.76 0.27%
1,011.49
Aaa/AAA
NA

3.07 0.60
47786WAD2 JDOT 2024-B A3 5.2 03/15/2029 65,000.00 06/11/2024

5.20%
64,987.29
64,987.29
101.42

4.02%
65,922.09
150.22

0.16%
934.80
Aaa/NA
AAA

3.12 1.14
02582JKH2 AMXCA 2024-1 A 5.23
04/16/2029 110,000.00 04/16/20245.23%
109,977.45
109,977.45
101.78

3.74%
111,963.06
255.69

0.28%
1,985.61
NA/AAA
AAA

3.21 1.14
05522RDJ4 BACCT 2024-1 A 4.93
05/15/2029 135,000.00 06/06/20244.93%
134,992.43
134,992.43
101.41

3.83%
136,908.77
295.80

0.34%
1,916.34
Aaa/AAA
NA

3.28 1.22
89239TAD4 TAOT 2024-D A3 4.4 06/15/2029 120,000.00 10/10/2024

4.40%
119,993.30
119,993.30
100.65

3.79%
120,775.56
234.67

0.30%
782.26
Aaa/AAA
NA

3.37 1.00
47800DAD6 JDOT 2025 A3 4.23 09/17/2029 185,000.00 03/04/2025

4.23%
184,988.36
184,988.36
100.68

3.90%
186,266.51
347.80

0.46%
1,278.15
Aaa/NA
AAA

3.63 1.86
92970QAE5 WFCIT 2024-2 A 4.29
10/15/2029 210,000.00 10/17/20244.29%
209,968.79
209,968.79
100.82

3.83%
211,712.97
400.40

0.52%
1,744.18
Aaa/AAA
NA

3.70 1.61
437921AD1 HAROT 252 A3 4.15 10/15/2029 125,000.00 04/29/2025

4.15%
124,986.04
124,986.04
100.55

3.83%
125,681.25
230.56

0.31%
695.21
Aaa/NA
AAA

3.70 1.50
89231HAD8 TAOT 2025-B A3 4.34
11/15/2029 120,000.00 04/24/20254.34%
119,993.12
119,993.12
100.78

3.86%
120,941.40
231.47

0.30%
948.28
NA/AAA
AAA

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
58770YAD3 MBALT 2026-A A3 3.93
01/15/2030 110,000.00 01/13/20263.94%
109,978.19
109,978.19
100.11

3.91%
110,115.94
120.08

0.27%
137.75
Aaa/NA
AAA

3.96 2.03
92970QAJ4 WFCIT 2025-1 A 4.34
05/15/2030 325,000.00 09/04/20253.84%
329,125.98
329,125.98
101.18

3.83%
328,818.75
626.89

0.81%
(307.23)
NA/AAA
AAA

4.28 2.14
Total ABS 2,788,314.31 4.61%
2,795,362.17
2,795,362.17
100.83

3.88%
2,811,435.77
5,248.06

6.93%
16,073.60

3.16 1.22
AGENCY
3135G0Q22 FEDERAL NATIONAL MORTGAGE
ASSOCIATION 1.875 09/24/2026 350,000.00 09/14/20223.73% 325,881.50
325,881.50

98.87 3.66%
346,059.70
2,315.10

0.85%
20,178.20
Aa1/AA+
AA+

0.65 0.63
3133ERFJ5 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 05/20/2027 450,000.00 05/23/20244.80%
446,330.25
446,330.25
101.17

3.57%
455,274.90
3,993.75

1.12%
8,944.65
Aa1/AA+
AA+

1.30 1.25
3133ERMB4 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.25 07/23/2027 650,000.00 07/18/20244.26% 649,798.50
649,798.50
101.03

3.53%
656,672.90
613.89

1.62%
6,874.40
Aa1/AA+
AA+

1.47 1.42
3130ATS57 FEDERAL HOME LOAN BANKS 4.5
03/10/2028 500,000.00 03/22/20234.04%
510,315.00
510,315.00
101.90

3.56%
509,486.50
8,812.50

1.26%
(828.50)
Aa1/AA+
AA+

2.11 1.96
3133EPGW9

FEDERAL FARM CREDIT
BANKS FUNDING CORP 3.875
04/25/2028
250,000.00 04/24/2023

3.76%
251,255.00
251,255.00
100.67

3.56%
251,666.50
2,583.33

0.62%
411.50
Aa1/AA+
AA+

2.23 2.10
3130AWTR1 FEDERAL HOME LOAN BANKS

4.375 09/08/2028 300,000.00 09/13/20234.48%
298,555.11
298,555.11
101.88

3.61%
305,642.40
5,213.54

0.75%
7,087.29
Aa1/AA+
AA+

2.61 2.40
3133EPWK7 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 09/22/2028 500,000.00 09/25/20234.67%
496,185.00
496,185.00
102.24

3.60%
511,224.00
8,062.50

1.26%
15,039.00
Aa1/AA+
AA+

2.64 2.44
3130AXQK7 FEDERAL HOME LOAN BANKS

4.75 12/08/2028 650,000.00 12/07/20234.18%
666,646.50
666,646.50
103.06

3.61%
669,887.40
4,545.49

1.65%
3,240.90
Aa1/AA+
AA+

2.85 2.64
3133ERAK7

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.375
04/10/2029
400,000.00 04/08/2024

4.48%
398,068.00
398,068.00
102.18

3.64%
408,729.20
5,395.83

1.01%
10,661.20
Aa1/AA+
AA+

3.19 2.92
3133ERDH1 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.75 04/30/2029 500,000.00 05/08/20244.55% 504,355.00
504,355.00
103.31

3.66%
516,557.50
6,003.47

1.27%
12,202.50
Aa1/AA+
AA+

3.24 2.96
Total Agency 4,550,000.00 4.32%
4,547,389.86
4,547,389.86
101.80

3.60%
4,631,201.00
47,539.41

11.42%
83,811.14

2.26 2.10

AGENCY CMBS
3137FAWS3 FHMS K-067 A2 3.194
07/25/2027 310,000.00 09/22/20224.28%
295,856.25
295,856.25

99.15 3.69%
307,350.43
825.12

0.76%
11,494.18
Aaa/AA+
AA+

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
3137FBU79 FHMS K-069 A2 3.187
09/25/2027 484,732.62 05/18/20234.13%
465,627.34
465,627.34

99.03 3.70%
480,025.38
1,287.37

1.18%
14,398.04
Aa1/AAA
AA+

1.65 1.54
3137FG6X8 FHMS K-077 A2 3.85 05/25/2028 510,000.00 05/24/2023

4.65%
500,636.72
500,636.72
100.02

3.75%
510,090.78
1,636.25

1.26%
9,454.06
Aa1/AA+
AAA

2.31 2.10
3137FKSH0 FHMS K-086 A2 3.859
11/25/2028 500,000.00 07/18/20244.47%
486,640.63
486,640.63

99.98 3.80%
499,908.50
1,607.92

1.23%
13,267.87
Aaa/AA+
AA+

2.82 2.58
3137FKUP9 FHMS K-087 A2 3.771
12/25/2028 388,230.34 06/05/20244.64%
373,489.72
373,489.72

99.76 3.80%
387,290.05
1,220.01

0.95%
13,800.33
Aa1/AAA
AA+

2.90 2.58
3137H5YC5 FHMS K-748 A2 2.26 01/25/2029 525,000.00 10/17/2024

4.18%
485,030.27
485,030.27

95.62 3.84%
501,985.58
988.75

1.24%
16,955.31
Aa1/AA+
AAA

2.99 2.75
3137FLMV3 FHMS K-090 A2 3.422
02/25/2029 400,000.00 07/08/20244.57%
380,031.25
380,031.25

98.74 3.81%
394,976.00
1,140.67

0.97%
14,944.75
Aa1/AAA
AA+

3.07 2.81
3137FLYV0 FHMS K-092 A2 3.298
04/25/2029 250,000.00 05/30/20244.85%
232,578.13
232,578.13

98.26 3.84%
245,647.75
687.08

0.61%
13,069.62
Aa1/AA+
AAA

3.23 2.95
3137FMCR1 FHMS K-093 A2 2.982
05/25/2029 344,694.81 09/19/20243.76%
332,549.71
332,549.71

97.41 3.83%
335,762.05
856.57

0.83%
3,212.34
Aa1/AA+
AAA

3.31 2.90
3137FRUT6 FHMS K-106 A2 2.069
01/25/2030 500,000.00 09/03/20253.94%
461,699.22
461,699.22

93.14 3.94%
465,716.00
862.08

1.15%
4,016.78
Aa1/AA+
AAA

3.98 3.72
3137FWG79 FHMS K-115 A2 1.383
06/25/2030 310,000.00 12/10/20253.93%
277,038.28
277,038.28

89.62 3.99%
277,818.59
357.28

0.68%
780.31
Aa1/AA+
AAA

4.40 4.14
3137F62M8 FHMS K-118 A2 1.493
09/25/2030 350,000.00 01/29/20263.96%
313,085.94
313,085.94

89.48 4.03%
313,187.35
435.46

0.77%
101.41
Aa1/AA+
AAA

4.65 4.32
3137F83Q4 FHMS K-121 A2 1.547
10/25/2030 500,000.00 01/07/20263.94%
447,421.88
447,421.88

89.40 4.03%
447,000.50
644.58

1.10%
(421.38)
Aa1/AA+
AAA

4.73 4.45
Total Agency CMBS 5,372,657.77 4.25%
5,051,685.34
5,051,685.34

96.34 3.84%
5,166,758.95
12,549.13

12.74%
115,073.61

3.14 2.89
CASH
CCYUSD Receivable 68,294.37 -- 68,294.37
68,294.37

1.00 68,294.37

0.00 0.17%

0.00 Aaa/AAA
AAA

0.00 0.00
Total Cash 68,294.37
68,294.37
68,294.37

1.00 68,294.37

0.00 0.17%

0.00 0.00

0.00 CORPORATE
09290DAH4 BLACKROCK INC 4.6 07/26/2027 475,000.00 07/18/2024

4.57%
475,408.50
475,408.50
101.27

3.71%
481,013.98
303.47

1.19%
5,605.48
Aa3/AANA1.48

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
14913R3A3 CATERPILLAR FINANCIAL
SERVICES CORP 3.6 08/12/2027 250,000.00 09/13/20224.27% 242,635.00
242,635.00

99.90 3.67%
249,751.25
4,225.00

0.62%
7,116.25
A2/A
A+

1.53 1.45
023135BC9 AMAZON.COM INC 3.15
08/22/2027 250,000.00 09/14/20224.17%
238,730.00
238,730.00

99.31 3.61%
248,274.00
3,478.13

0.61%
9,544.00
A1/AA
AA1.561.48
74456QBU9 PUBLIC SERVICE ELECTRIC AND
GAS CO 3.7 05/01/2028 300,000.00 09/06/20235.10%
282,837.00
282,837.00

99.64 3.87%
298,924.80
2,775.00

0.74%
16,087.80
A1/A
NA

2.25 2.12
58933YBH7 MERCK & CO INC 4.05
05/17/2028 300,000.00 --4.08%
299,617.50
299,617.50
100.73

3.71%
302,180.40
2,497.50

0.75%
2,562.90
Aa3/A+
NA

2.29 2.08
63743HFZ0

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

4.15 08/25/2028
400,000.00 08/26/2025

4.03%
401,292.00
401,292.00
100.48

3.95%
401,910.40
7,193.33

0.99%
618.40
A2/NA
A

2.57 2.30
06051GMK2 BANK OF AMERICA CORP 4.979
01/24/2029 380,000.00 01/17/20254.98%
380,000.00
380,000.00
101.85

4.16%
387,018.60
367.89

0.95%
7,018.60
A1/AAA2.98

1.87 69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029 365,000.00 01/24/20244.64%
364,405.05
364,405.05
102.06

3.86%
372,533.97

46.64 0.92%
8,128.92
A1/A+
NA

3.00 2.78
756109CW2 REALTY INCOME CORP 3.95
02/01/2029 470,000.00 09/25/20254.14%
467,236.40
467,236.40

99.68 4.06%
468,516.21
5,930.49

1.16%
1,279.81
A3/ANA3.00

2.80 17275RBR2 CISCO SYSTEMS INC 4.85
02/26/2029 140,000.00 02/21/20244.86%
139,951.00
139,951.00
102.56

3.96%
143,580.50
2,923.47

0.35%
3,629.50
A1/AANA3.07

2.71 341081GT8 FLORIDA POWER & LIGHT CO

5.15 06/15/2029 300,000.00 06/13/20244.82%
304,159.46
304,159.46
103.77

3.94%
311,313.90
1,974.17

0.77%
7,154.44
Aa2/A+
AA3.372.92
437076DC3 HOME DEPOT INC 4.75
06/25/2029 500,000.00 07/08/20244.72%
500,690.00
500,690.00
102.54

3.94%
512,677.00
2,375.00

1.26%
11,987.00
A2/A
A

3.40 3.03
713448FX1 PEPSICO INC 4.5 07/17/2029 400,000.00 07/16/2024

4.52%
399,592.00
399,592.00
101.99

3.88%
407,945.60
700.00

1.01%
8,353.60
A1/A+
NA

3.46 3.11
025816EJ4 AMERICAN EXPRESS CO 4.351
07/20/2029 325,000.00 07/21/20254.35%
325,000.00
325,000.00
100.62

4.19%
327,017.93
432.08

0.81%
2,017.93
A2/AA3.47

2.32 89236TMK8 TOYOTA MOTOR CREDIT CORP

4.55 08/09/2029 450,000.00 12/09/20244.55%
450,067.50
450,067.50
101.74

4.02%
457,821.90
9,782.50

1.13%
7,754.40
A1/A+
A+

3.52 3.16
171239AL0 CHUBB INA HOLDINGS LLC 4.65
08/15/2029 450,000.00 08/22/20244.31%
456,678.00
456,678.00
102.28

3.95%
460,264.95
9,648.75

1.13%
3,586.95
A2/A
A

3.54 3.10
61748UAK8 MORGAN STANLEY 4.133
10/18/2029 290,000.00 10/17/20254.25%
290,036.40
290,036.40

99.92 4.27%
289,779.31
3,296.07

0.71%
(257.09)
A1/AA+3.71

2.51 14913UAU4 CATERPILLAR FINANCIAL
SERVICES CORP 4.7 11/15/2029 150,000.00 11/12/20244.74% 149,755.50
149,755.50
102.58

3.96%
153,872.40
1,488.33

0.38%
4,116.90
A2/A
A+

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
00287YBX6 ABBVIE INC 3.2 11/21/2029 400,000.00 04/29/2025

4.38%
380,696.00
380,696.00

97.02 4.05%
388,064.00
2,488.89

0.96%
7,368.00
A3/ANA3.80

3.51 89236TNA9 TOYOTA MOTOR CREDIT CORP

4.95 01/09/2030 330,000.00 01/06/20255.00%
329,293.80
329,293.80
103.00

4.12%
339,898.02
998.25

0.84%
10,604.22
A1/A+
A+

3.94 3.55
46647PEB8 JPMORGAN CHASE & CO 5.012
01/23/2030 300,000.00 05/14/20254.76%
302,478.00
302,478.00
102.54

4.31%
307,607.70
334.13

0.76%
5,129.70
A1/A
AA3.982.74
532457CV8 ELI LILLY AND CO 4.75
02/12/2030 500,000.00 02/10/20254.75%
500,110.00
500,110.00
102.66

4.03%
513,312.50
11,149.31

1.27%
13,202.50
Aa3/A+
NA

4.03 3.50
02665WFY2 AMERICAN HONDA FINANCE
CORP 4.8 03/05/2030 325,000.00 03/03/20254.82%
324,714.00
324,714.00
101.99

4.26%
331,460.03
6,326.67

0.82%
6,746.03
A3/ANA4.09

3.62 194162AT0 COLGATE-PALMOLIVE CO 4.2
05/01/2030 210,000.00 04/28/20254.21%
209,888.70
209,888.70
100.86

3.98%
211,800.75
2,205.00

0.52%
1,912.05
Aa3/A+
NA

4.25 3.75
74464AAC5 PUBLIC STORAGE OPERATING CO

4.375 07/01/2030 500,000.00 09/04/20254.18%
504,075.00
504,075.00
100.88

4.15%
504,400.50
1,822.92

1.24%
325.50
A2/A
NA

4.41 3.90
06051GHV4 BANK OF AMERICA CORP 3.194
07/23/2030 250,000.00 12/09/20254.48%
240,807.50
240,807.50

96.73 4.41%
241,821.75
177.44

0.60%
1,014.25
A1/AAA4.47

3.24 24422EYF0 JOHN DEERE CAPITAL CORP

4.375 10/15/2030 500,000.00 11/04/20254.22%
503,460.00
503,460.00
101.08

4.12%
505,384.00
6,440.97

1.25%
1,924.00
A1/A
A+

4.70 4.17
30303MAB8 META PLATFORMS INC 4.2
11/15/2030 450,000.00 11/13/20254.16%
450,868.50
450,868.50

99.82 4.24%
449,191.80
4,620.00

1.11%
(1,676.70)
Aa3/AANA4.79

4.25 26444HAT8 DUKE ENERGY FLORIDA LLC 4.2
12/01/2030 500,000.00 01/08/20264.17%
500,545.00
500,545.00

99.77 4.25%
498,838.00
3,791.67

1.23%
(1,707.00)
A1/A
NA

4.83 4.30
74340XCQ2 PROLOGIS LP 4.75 01/15/2031 450,000.00 01/14/2026

4.22%
460,462.50
460,462.50
102.15

4.26%
459,666.90
950.00

1.13%
(795.60)
A2/A
NA

4.96 4.31
Total Corporate 10,910,000.00 4.46%
10,875,490.31
10,875,490.31
101.09

4.04%
11,025,843.03
100,743.06

27.18%
150,352.72

3.55 3.06

MONEY MARKET
FUND
31846V203 FIRST AMER:GVT OBLG Y 77,362.92 --

3.30%
77,362.92
77,362.92

1.00 3.30%
77,362.92

0.00 0.19%

0.00 Aaa/
AAAm
AAA

0.00 0.00
Total Money
Market Fund 77,362.92 3.30%
77,362.92
77,362.92

1.00 3.30%
77,362.92

0.00 0.19%

0.00 0.00

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration

MUNICIPAL
BONDS
13063EGT7 CALIFORNIA STATE 4.5
08/01/2029 395,000.00 10/30/20244.38%
397,081.65
397,081.65
102.44

3.75%
404,647.09
8,887.50

1.00%
7,565.44
Aa2/AAAA3.50

3.22 Total Municipal
Bonds 395,000.00 4.38%
397,081.65
397,081.65
102.44

3.75%
404,647.09
8,887.50

1.00%
7,565.44

3.50 3.22

SUPRANATIONAL
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
225,000.00 08/17/2023

4.55%
214,688.25
214,688.25

99.74 3.61%
224,421.08
415.63

0.55%
9,732.83
Aaa/AAA
NA

2.45 2.32
45950KDD9 INTERNATIONAL FINANCE CORP

4.5 07/13/2028 230,000.00 07/06/20234.53%
229,744.70
229,744.70
102.03

3.62%
234,674.75
517.50

0.58%
4,930.05
Aaa/AAA
NA

2.45 2.30
4581X0EN4

INTER-AMERICAN
DEVELOPMENT BANK 4.125
02/15/2029
400,000.00 03/14/2024

4.39%
395,324.00
395,324.00
101.33

3.66%
405,332.40
7,608.33

1.00%
10,008.40
Aaa/AAA
NA

3.04 2.78
459058LR2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.125 03/20/2030
235,000.00 03/14/2025

4.20%
234,161.05
234,161.05
101.41

3.75%
238,314.68
3,527.45

0.59%
4,153.63
Aaa/AAA
NA

4.13 3.72
Total
Supranational 1,090,000.00 4.41%
1,073,918.00
1,073,918.00
101.18

3.66%
1,102,742.90
12,068.91

2.72%
28,824.90

3.03 2.79

US TREASURY
91282CJC6 UNITED STATES TREASURY 4.625
10/15/2026 500,000.00 07/19/20244.42%
502,148.44
502,148.44
100.68

3.63%
503,388.50
6,924.79

1.24%
1,240.06
Aa1/AA+
AA+

0.70 0.67
91282CEF4 UNITED STATES TREASURY 2.5
03/31/2027 650,000.00 09/14/20223.66%
618,591.80
618,591.80

98.81 3.56%
642,255.90
5,535.71

1.58%
23,664.10
Aa1/AA+
AA+

1.16 1.12
91282CKV2 UNITED STATES TREASURY 4.625
06/15/2027 650,000.00 07/08/20244.41%
653,833.98
653,833.98
101.44

3.53%
659,343.75
3,964.29

1.63%
5,509.77
Aa1/AA+
AA+

1.37 1.31
91282CKZ3 UNITED STATES TREASURY 4.375
07/15/2027 650,000.00 07/16/20244.24%
652,462.89
652,462.89
101.18

3.53%
657,668.05
1,335.46

1.62%
5,205.16
Aa1/AA+
AA+

1.45 1.39
91282CFH9 UNITED STATES TREASURY 3.125
08/31/2027 650,000.00 09/13/20223.57%
636,822.26
636,822.26

99.38 3.54%
645,937.50
8,641.23

1.59%
9,115.24
Aa1/AA+
AA+

1.58 1.50
91282CFU0 UNITED STATES TREASURY 4.125
10/31/2027 650,000.00 07/08/20244.37%
645,074.22
645,074.22
100.97

3.54%
656,322.55
6,888.29

1.62%
11,248.33
Aa1/AA+
AA+

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91282CGC9 UNITED STATES TREASURY 3.875
12/31/2027 350,000.00 01/24/20233.59%
354,470.70
354,470.70
100.62

3.54%
352,160.20
1,198.90

0.87%
(2,310.50)
Aa1/AA+
AA+

1.91 1.82
91282CGH8 UNITED STATES TREASURY 3.5
01/31/2028 500,000.00 02/22/20234.12%
486,269.53
486,269.53

99.93 3.53%
499,668.00

48.34 1.23%
13,398.47
Aa1/AA+
AA+

2.00 1.91
91282CGP0 UNITED STATES TREASURY 4.0
02/29/2028 500,000.00 07/19/20244.22%
496,367.19
496,367.19
100.89

3.55%
504,472.50
8,508.29

1.24%
8,105.31
Aa1/AA+
AA+

2.08 1.94
91282CGT2 UNITED STATES TREASURY 3.625
03/31/2028 350,000.00 04/24/20233.61%
350,259.77
350,259.77
100.16

3.55%
350,547.05
4,322.12

0.86%
287.28
Aa1/AA+
AA+

2.16 2.03
91282CHE4 UNITED STATES TREASURY 3.625
05/31/2028 500,000.00 06/22/20234.02%
491,308.59
491,308.59
100.14

3.56%
500,683.50
3,137.02

1.23%
9,374.91
Aa1/AA+
AA+

2.33 2.20
91282CHK0 UNITED STATES TREASURY 4.0
06/30/2028 500,000.00 09/20/20234.51%
489,179.69
489,179.69
101.01

3.56%
505,058.50
1,767.96

1.25%
15,878.81
Aa1/AA+
AA+

2.41 2.27
91282CHQ7 UNITED STATES TREASURY 4.125
07/31/2028 350,000.00 08/24/20234.39%
345,953.13
345,953.13
101.32

3.57%
354,621.05

39.88 0.87%
8,667.92
Aa1/AA+
AA+

2.50 2.35
91282CJA0 UNITED STATES TREASURY 4.625
09/30/2028 350,000.00 10/18/20234.89%
345,912.11
345,912.11
102.62

3.58%
359,160.20
5,514.42

0.89%
13,248.09
Aa1/AA+
AA+

2.67 2.45
91282CJR3 UNITED STATES TREASURY 3.75
12/31/2028 400,000.00 01/22/20244.00%
395,468.75
395,468.75
100.40

3.60%
401,593.60
1,325.97

0.99%
6,124.85
Aa1/AA+
AA+

2.92 2.73
91282CJW2 UNITED STATES TREASURY 4.0
01/31/2029 650,000.00 02/12/20244.14%
646,013.67
646,013.67
101.09

3.61%
657,109.70

71.82 1.62%
11,096.03
Aa1/AA+
AA+

3.00 2.80
91282CKG5 UNITED STATES TREASURY 4.125
03/31/2029 650,000.00 07/16/20244.12%
650,000.00
650,000.00
101.46

3.63%
659,495.85
9,133.93

1.63%
9,495.85
Aa1/AA+
AA+

3.16 2.90
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029 500,000.00 07/19/20244.14%
507,812.50
507,812.50
102.63

3.65%
513,164.00
3,894.23

1.27%
5,351.50
Aa1/AA+
AA+

3.33 3.05
91282CKX8 UNITED STATES TREASURY 4.25
06/30/2029 650,000.00 07/08/20244.24%
650,355.47
650,355.47
101.88

3.66%
662,212.85
2,441.99

1.63%
11,857.38
Aa1/AA+
AA+

3.41 3.14
91282CLC3 UNITED STATES TREASURY 4.0
07/31/2029 500,000.00 07/29/20244.06%
498,632.81
498,632.81
101.09

3.66%
505,469.00

55.25 1.25%
6,836.19
Aa1/AA+
AA+

3.50 3.24
91282CLK5 UNITED STATES TREASURY 3.625
08/31/2029 500,000.00 09/17/20243.44%
504,218.75
504,218.75

99.81 3.68%
499,062.50
7,710.64

1.23%
(5,156.25)
Aa1/AA+
AA+

3.58 3.27
91282CFL0 UNITED STATES TREASURY 3.875
09/30/2029 350,000.00 11/14/20244.29%
343,656.25
343,656.25
100.63

3.69%
352,214.80
4,620.19

0.87%
8,558.55
Aa1/AA+
AA+

3.66 3.34
91282CMA6 UNITED STATES TREASURY 4.125
11/30/2029 700,000.00 12/19/20244.40%
691,386.72
691,386.72
101.48

3.70%
710,390.80
4,997.60

1.75%
19,004.08
Aa1/AA+
AA+

3.83 3.49
91282CMG3 UNITED STATES TREASURY 4.25
01/31/2030 500,000.00 05/29/20254.03%
504,570.31
504,570.31
101.95

3.72%
509,765.50

58.70 1.26%
5,195.19
Aa1/AA+
AA+

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91282CMU2 UNITED STATES TREASURY 4.0
03/31/2030 500,000.00 04/07/20253.75%
505,625.00
505,625.00
101.00

3.74%
504,980.50
6,813.19

1.25%
(644.50)
Aa1/AA+
AA+

4.16 3.75
91282CMZ1 UNITED STATES TREASURY 3.875
04/30/2030 500,000.00 05/29/20254.04%
496,367.19
496,367.19
100.50

3.75%
502,500.00
4,977.56

1.24%
6,132.81
Aa1/AA+
AA+

4.24 3.84
91282CNK3 UNITED STATES TREASURY 3.875
06/30/2030 600,000.00 07/24/20253.96%
597,632.81
597,632.81
100.47

3.76%
602,836.20
2,055.25

1.49%
5,203.39
Aa1/AA+
AA+

4.41 4.01
91282CNN7 UNITED STATES TREASURY 3.875
07/31/2030 500,000.00 08/26/20253.77%
502,402.34
502,402.34
100.46

3.76%
502,304.50

53.52 1.24%
(97.84)
Aa1/AA+
AA+

4.50 4.09
91282CPD7 UNITED STATES TREASURY 3.625
10/31/2030 500,000.00 12/09/20253.78%
496,640.63
496,640.63

99.29 3.79%
496,445.50
4,656.42

1.22%
(195.13)
Aa1/AA+
AA+

4.75 4.28
Total US Treasury 15,150,000.00 4.08%
15,059,437.50
15,059,437.50
100.81

3.63%
15,270,832.55
110,692.95

37.65%
211,395.05

2.83 2.61
Total Portfolio 40,401,629.37 4.28%
39,946,022.12
39,946,022.12
100.10

3.78%
40,559,118.58
297,729.01
100.00%
613,096.46

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 01/02/2026 31846V203 10,998.26 FIRST AMER:GVT OBLG Y 1.000 3.40% (10,998.26) 0.00 (10,998.26) 0.00
Purchase 01/05/2026 31846V203 827.08 FIRST AMER:GVT OBLG Y 1.000 3.38% (827.08) 0.00 (827.08) 0.00
Purchase 01/09/2026 26444HAT8 500,000.00 DUKE ENERGY FLORIDA LLC 4.2 12/01/2030 100.109 4.17% (500,545.00) (2,508.33) (503,053.33) 0.00 Purchase 01/09/2026 31846V203 62,061.70 FIRST AMER:GVT OBLG Y 1.000 3.30% (62,061.70) 0.00 (62,061.70) 0.00
Purchase 01/12/2026 3137F83Q4 500,000.00 FHMS K-121 A2 1.547 10/25/2030 89.484 3.94% (447,421.88) (236.35) (447,658.23) 0.00 Purchase 01/12/2026 31846V203 3,937.50 FIRST AMER:GVT OBLG Y 1.000 3.31% (3,937.50) 0.00 (3,937.50) 0.00
Purchase 01/12/2026 31846V203 248,229.44 FIRST AMER:GVT OBLG Y 1.000 3.31% (248,229.44) 0.00 (248,229.44) 0.00
Purchase 01/13/2026 31846V203 5,175.00 FIRST AMER:GVT OBLG Y 1.000 3.31% (5,175.00) 0.00 (5,175.00) 0.00
Purchase 01/15/2026 74340XCQ2 450,000.00 PROLOGIS LP 4.75 01/15/2031 102.325 4.22% (460,462.50) 0.00 (460,462.50) 0.00 Purchase 01/20/2026 31846V203 15,873.98 FIRST AMER:GVT OBLG Y 1.000 3.30% (15,873.98) 0.00 (15,873.98) 0.00
Purchase 01/21/2026 58770YAD3 110,000.00 MBALT 2026-A A3 3.93 01/15/2030 99.980 3.94% (109,978.19) 0.00 (109,978.19) 0.00 Purchase 01/23/2026 31846V203 25,018.44 FIRST AMER:GVT OBLG Y 1.000 3.30% (25,018.44) 0.00 (25,018.44) 0.00
Purchase 01/26/2026 31846V203 14,191.53 FIRST AMER:GVT OBLG Y 1.000 3.31% (14,191.53) 0.00 (14,191.53) 0.00
Purchase 01/26/2026 31846V203 31,323.79 FIRST AMER:GVT OBLG Y 1.000 3.31% (31,323.79) 0.00 (31,323.79) 0.00
Purchase 01/29/2026 31846V203 251,293.89 FIRST AMER:GVT OBLG Y 1.000 3.30% (251,293.89) 0.00 (251,293.89) 0.00
Purchase 01/30/2026 3137F62M8 350,000.00 FHMS K-118 A2 1.493 09/25/2030 89.453 3.96% (313,085.94) (420.94) (313,506.88) 0.00 CONFIDENTIAL | 16
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Total Purchase 2,578,930.61 (2,500,424.12) (3,165.62) (2,503,589.74) 0.00 TOTAL
ACQUISITIONS 2,578,930.61 (2,500,424.12) (3,165.62) (2,503,589.74) 0.00

DISPOSITIONS
Sale 01/08/2026 31846V203 (3,131.12) FIRST AMER:GVT OBLG Y 1.000 3.31% 3,131.12 0.00 3,131.12 0.00
Sale 01/09/2026 61747YEC5 (250,000.00) MORGAN STANLEY

1.512 07/20/2027 98.651 5.32% 246,627.50 (1,774.50) 248,402.00 27,322.50 Sale 01/09/2026 857477CL5 (300,000.00) STATE STREET CORP

4.993 03/18/2027 101.309 4.99% 303,927.00 (4,618.53) 308,545.53 3,927.00 Sale 01/12/2026 3137BVZ82 (350,000.00) FHMS K-063 A2 3.43 01/25/2027 99.535 3.97% 346,812.51 (365.18) 347,177.69 5,934.24 Sale 01/12/2026 3137F2LJ3 (350,000.00) FHMS K-066 A2 3.117 06/25/2027 99.090 3.97% 346,814.45 (333.35) 347,147.80 9,173.82 Sale 01/15/2026 31846V203 (389,840.58) FIRST AMER:GVT OBLG Y 1.000 3.31% 389,840.58 0.00 389,840.58 0.00
Sale 01/21/2026 31846V203 (109,978.19) FIRST AMER:GVT OBLG Y 1.000 3.30% 109,978.19 0.00 109,978.19 0.00
Sale 01/29/2026 91324PEG3 (250,000.00) UNITEDHEALTH GROUP INC 3.7 05/15/2027 99.757 4.21% 249,392.50 (1,901.39) 251,293.89 4,785.00 Sale 01/30/2026 31846V203 (313,506.88) FIRST AMER:GVT OBLG Y 1.000 3.30% 313,506.88 0.00 313,506.88 0.00
Total Sale (2,316,456.77) 2,310,030.73 (8,992.95) 2,319,023.68 51,142.56 TOTAL
DISPOSITIONS (2,316,456.77) 2,310,030.73 (8,992.95) 2,319,023.68 51,142.56 OTHER

TRANSACTIONS
Coupon 01/01/2026 3137FLYV0 0.00 FHMS K-092 A2 3.298
04/25/2029 4.85% 687.08 0.00 687.08 0.00
Coupon 01/01/2026 3137FG6X8 0.00 FHMS K-077 A2 3.85
05/25/2028 4.65% 1,636.25 0.00 1,636.25 0.00
CONFIDENTIAL | 17
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 01/01/2026 3137FKUP9 0.00 FHMS K-087 A2 3.771
12/25/2028 4.64% 1,221.37 0.00 1,221.37 0.00
Coupon 01/01/2026 3137FLMV3 0.00 FHMS K-090 A2 3.422
02/25/2029 4.57% 1,140.67 0.00 1,140.67 0.00
Coupon 01/01/2026 3137FKSH0 0.00 FHMS K-086 A2 3.859
11/25/2028 4.47% 1,607.92 0.00 1,607.92 0.00
Coupon 01/01/2026 3137FAWS3 0.00 FHMS K-067 A2 3.194
07/25/2027 4.28% 825.12 0.00 825.12 0.00
Coupon 01/01/2026 74464AAC5 0.00

PUBLIC STORAGE
OPERATING CO 4.375
07/01/2030

4.18% 10,998.26 0.00 10,998.26 0.00
Coupon 01/01/2026 3137H5YC5 0.00 FHMS K-748 A2 2.26
01/25/2029 4.18% 988.75 0.00 988.75 0.00
Coupon 01/01/2026 3137FBU79 0.00 FHMS K-069 A2 3.187
09/25/2027 4.13% 1,289.59 0.00 1,289.59 0.00
Coupon 01/01/2026 3137BVZ82 0.00 FHMS K-063 A2 3.43
01/25/2027 3.97% 1,011.98 0.00 1,011.98 0.00
Coupon 01/01/2026 3137F2LJ3 0.00 FHMS K-066 A2 3.117
06/25/2027 3.97% 909.13 0.00 909.13 0.00
Coupon 01/01/2026 3137FRUT6 0.00 FHMS K-106 A2 2.069
01/25/2030 3.94% 862.08 0.00 862.08 0.00
Coupon 01/01/2026 3137FWG79 0.00 FHMS K-115 A2 1.383
06/25/2030 3.93% 357.28 0.00 357.28 0.00
Coupon 01/01/2026 3137FMCR1 0.00 FHMS K-093 A2 2.982
05/25/2029 3.76% 857.52 0.00 857.52 0.00
Coupon 01/09/2026 89236TNA9 0.00 TOYOTA MOTOR CREDIT
CORP 4.95 01/09/2030 5.00% 8,167.50 0.00 8,167.50 0.00
Coupon 01/12/2026 459058KT9 0.00

INTERNATIONAL BANK

FOR RECONSTRUCTION
AND DEVELOPM 3.5
07/12/2028

4.55% 3,937.50 0.00 3,937.50 0.00
Coupon 01/13/2026 45950KDD9 0.00

INTERNATIONAL
FINANCE CORP 4.5
07/13/2028

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 01/15/2026 58770JAD6 0.00 MBALT 2024-A A3 5.32
01/18/2028 5.32% 310.33 0.00 310.33 0.00
Coupon 01/15/2026 44933XAD9 0.00 HART 2023-B A3 5.48
04/17/2028 5.27% 1,198.62 0.00 1,198.62 0.00
Coupon 01/15/2026 02582JKH2 0.00 AMXCA 2024-1 A 5.23
04/16/2029 5.23% 479.42 0.00 479.42 0.00
Coupon 01/15/2026 161571HT4 0.00 CHAIT 2023-1 A 5.16
09/15/2028 5.23% 1,204.00 0.00 1,204.00 0.00
Coupon 01/15/2026 47786WAD2 0.00 JDOT 2024-B A3 5.2
03/15/2029 5.20% 281.67 0.00 281.67 0.00
Coupon 01/15/2026 47800BAC2 0.00 JDOT 2022-C A3 5.09
06/15/2027 5.09% 88.71 0.00 88.71 0.00
Coupon 01/15/2026 47787CAC7 0.00 JDOT 2023-C A3 5.48
05/15/2028 5.08% 902.10 0.00 902.10 0.00
Coupon 01/15/2026 448973AD9 0.00 HART 2024-A A3 4.99
02/15/2029 5.00% 352.54 0.00 352.54 0.00
Coupon 01/15/2026 05522RDJ4 0.00 BACCT 2024-1 A 4.93
05/15/2029 4.93% 554.62 0.00 554.62 0.00
Coupon 01/15/2026 89239TAD4 0.00 TAOT 2024-D A3 4.4
06/15/2029 4.40% 440.00 0.00 440.00 0.00
Coupon 01/15/2026 89231HAD8 0.00 TAOT 2025-B A3 4.34
11/15/2029 4.34% 434.00 0.00 434.00 0.00
Coupon 01/15/2026 92970QAE5 0.00 WFCIT 2024-2 A 4.29
10/15/2029 4.29% 750.75 0.00 750.75 0.00
Coupon 01/15/2026 91282CKZ3 0.00

UNITED STATES
TREASURY 4.375
07/15/2027

4.24% 14,218.75 0.00 14,218.75 0.00
Coupon 01/15/2026 47800DAD6 0.00 JDOT 2025 A3 4.23
09/17/2029 4.23% 652.13 0.00 652.13 0.00
Coupon 01/15/2026 437921AD1 0.00 HAROT 252 A3 4.15
10/15/2029 4.15% 432.29 0.00 432.29 0.00
Coupon 01/15/2026 92970QAJ4 0.00 WFCIT 2025-1 A 4.34
05/15/2030 3.84% 1,175.42 0.00 1,175.42 0.00
CONFIDENTIAL | 19
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 01/17/2026 713448FX1 0.00 PEPSICO INC 4.5
07/17/2029 4.52% 9,000.00 0.00 9,000.00 0.00
Coupon 01/20/2026 025816EJ4 0.00 AMERICAN EXPRESS CO

4.351 07/20/2029 4.35% 6,873.98 0.00 6,873.98 0.00
Coupon 01/23/2026 46647PEB8 0.00 JPMORGAN CHASE &
CO 5.012 01/23/2030 4.76% 7,518.00 0.00 7,518.00 0.00
Coupon 01/23/2026 06051GHV4 0.00

BANK OF AMERICA
CORP 3.194
07/23/2030

4.48% 3,992.50 0.00 3,992.50 0.00
Coupon 01/23/2026 3133ERMB4 0.00

FEDERAL FARM CREDIT

BANKS FUNDING CORP

4.25 07/23/2027

4.26% 13,812.50 0.00 13,812.50 0.00
Coupon 01/24/2026 06051GMK2 0.00

BANK OF AMERICA
CORP 4.979
01/24/2029

4.98% 9,460.10 0.00 9,460.10 0.00
Coupon 01/25/2026 096919AD7 0.00 BMWOT 2024-A A3

5.18 02/26/2029 5.18% 510.55 0.00 510.55 0.00
Coupon 01/25/2026 096912AD2 0.00 BMWLT 2025-1 A3 4.43
06/26/2028 4.43% 369.17 0.00 369.17 0.00
Coupon 01/25/2026 05594HAD5 0.00 BMWLT 2025-2 A3 3.97
09/25/2028 3.97% 678.21 0.00 678.21 0.00
Coupon 01/26/2026 09290DAH4 0.00 BLACKROCK INC 4.6
07/26/2027 4.57% 10,925.00 0.00 10,925.00 0.00
Coupon 01/31/2026 69371RS80 0.00 PACCAR FINANCIAL
CORP 4.6 01/31/2029 4.64% 8,395.00 0.00 8,395.00 0.00
Coupon 01/31/2026 91282CHQ7 0.00

UNITED STATES
TREASURY 4.125
07/31/2028

4.39% 7,218.75 0.00 7,218.75 0.00
Coupon 01/31/2026 91282CJW2 0.00

UNITED STATES
TREASURY 4.0
01/31/2029

4.14% 13,000.00 0.00 13,000.00 0.00
Coupon 01/31/2026 91282CGH8 0.00

UNITED STATES
TREASURY 3.5
01/31/2028

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Coupon 01/31/2026 91282CLC3 0.00

UNITED STATES
TREASURY 4.0
07/31/2029

4.06% 10,000.00 0.00 10,000.00 0.00
Coupon 01/31/2026 91282CMG3 0.00

UNITED STATES
TREASURY 4.25
01/31/2030

4.03% 10,625.00 0.00 10,625.00 0.00
Coupon 01/31/2026 91282CNN7 0.00

UNITED STATES
TREASURY 3.875
07/31/2030

3.77% 9,687.50 0.00 9,687.50 0.00
Total Coupon 0.00 195,964.61 0.00 195,964.61 0.00
Custody Fee 01/23/2026 CCYUSD (304.56) Cash 0.00% (304.56) 0.00 (304.56) 0.00 Total Custody Fee (304.56) (304.56) 0.00 (304.56) 0.00
Dividend 01/31/2026 31846V203 0.00 FIRST AMER:GVT OBLG
Y 3.31% 618.12 0.00 618.12 0.00
Total Dividend 0.00 618.12 0.00 618.12 0.00
Management Fee 01/08/2026 CCYUSD (3,131.12) Cash 0.00% (3,131.12) 0.00 (3,131.12) 0.00 Total
Management Fee (3,131.12) (3,131.12) 0.00 (3,131.12) 0.00 Principal Paydown 01/01/2026 3137FKUP9 432.21 FHMS K-087 A2 3.771 12/25/2028 4.64% 432.21 -- 432.21 16.41
Principal Paydown 01/01/2026 3137FBU79 835.85 FHMS K-069 A2 3.187 09/25/2027 4.13% 835.85 -- 835.85 32.95
Principal Paydown 01/01/2026 3137BVZ82 1,567.83 FHMS K-063 A2 3.43 01/25/2027 3.97% 1,567.83 -- 1,567.83 33.99
Principal Paydown 01/01/2026 3137FMCR1 385.16 FHMS K-093 A2 2.982 05/25/2029 3.76% 385.16 -- 385.16 13.57
Principal Paydown 01/15/2026 44933XAD9 24,790.45 HART 2023-B A3 5.48 04/17/2028 5.27% 24,790.45 -- 24,790.45 (132.67)
Principal Paydown 01/15/2026 47800BAC2 3,256.58 JDOT 2022-C A3 5.09 06/15/2027 5.09% 3,256.58 -- 3,256.58 0.26
Principal Paydown 01/15/2026 47787CAC7 13,807.40 JDOT 2023-C A3 5.48 05/15/2028 5.08% 13,807.40 -- 13,807.40 (143.47)
CONFIDENTIAL | 21
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction Type Settlement
Date CUSIP Quantity Security Description Price
Acq/
Disp
Yield
Amount Interest Pur/
Sold Total Amount Gain/Loss
Principal Paydown 01/15/2026 448973AD9 5,292.14 HART 2024-A A3 4.99 02/15/2029 5.00% 5,292.14 -- 5,292.14 1.17
Principal Paydown 01/25/2026 096919AD7 8,518.68 BMWOT 2024-A A3

5.18 02/26/2029 5.18% 8,518.68 -- 8,518.68 1.29
Total Principal
Paydown 58,886.30 58,886.30 -- 58,886.30 (176.50)

INCOME EARNED
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 & EQUIVALENTS
31846V203 FIRST AMER:GVT OBLG Y
77,362.92
224,889.08
668,930.61
(816,456.77)
77,362.92

0.00 827.08

0.00 0.00

0.00 827.08
827.08
CCYUSD Receivable
68,294.37
827.08

0.00 0.00
68,294.37

0.00 0.00

0.00 Total Cash & Equivalents 145,657.29
225,716.16
668,930.61
(816,456.77)
145,657.29

0.00 827.08

0.00 0.00

0.00 827.08 827.08

FIXED INCOME
00287YBX6 ABBVIE INC 3.2 11/21/2029
04/29/2025
04/30/2025
400,000.00
380,696.00

0.00 0.00
380,696.00
1,422.22

0.00 2,488.89
1,066.67

0.00 0.00

0.00 1,066.67
1,066.67
023135BC9 AMAZON.COM INC 3.15
08/22/2027
09/14/2022
09/16/2022
250,000.00
238,730.00

0.00 0.00
238,730.00
2,821.88

0.00 3,478.13
656.25

0.00 0.00

0.00 656.25
656.25
025816EJ4 AMERICAN EXPRESS CO 4.351
07/20/2029
07/21/2025
07/25/2025
325,000.00
325,000.00

0.00 0.00
325,000.00
6,127.66
6,873.98
432.08
1,178.40

0.00 0.00

0.00 1,178.40
1,178.40
02582JKH2 AMXCA 2024-1 A 5.23
04/16/2029
04/16/2024
04/23/2024
110,000.00
109,977.45

0.00 0.00
109,977.45
255.69
479.42
255.69
479.42

0.00 0.00

0.00 479.42
479.42
02665WFY2 AMERICAN HONDA FINANCE
CORP 4.8 03/05/2030
03/03/2025
03/05/2025
325,000.00
324,714.00

0.00 0.00
324,714.00
5,026.67

0.00 6,326.67
1,300.00

0.00 0.00

0.00 0.00
134,992.43
295.80
554.62
295.80
554.62

0.00 0.00

0.00 554.62
554.62
05594HAD5 BMWLT 2025-2 A3 3.97
09/25/2028
10/08/2025
10/15/2025
205,000.00
204,999.43

0.00 0.00
204,999.43
135.64
678.21
135.64
678.21

0.00 0.00

0.00 678.21
678.21
06051GHV4 BANK OF AMERICA CORP

3.194 07/23/2030
12/09/2025
12/10/2025
250,000.00
240,807.50

0.00 0.00
240,807.50
3,504.53
3,992.50
177.44
665.42

0.00 0.00

0.00 665.42
665.42
06051GMK2 BANK OF AMERICA CORP

4.979 01/24/2029
01/17/2025
01/24/2025
380,000.00
380,000.00

0.00 0.00
380,000.00
8,251.31
9,460.10
367.89
1,576.68

0.00 0.00

0.00 1,576.68
1,576.68
09290DAH4 BLACKROCK INC 4.6
07/26/2027
07/18/2024
07/26/2024
475,000.00
475,408.50

0.00 0.00
475,408.50
9,407.64
10,925.00
303.47
1,820.83

0.00 0.00

0.00 1,820.83
1,820.83
096912AD2 BMWLT 2025-1 A3 4.43
06/26/2028
06/03/2025
06/10/2025
100,000.00
99,997.80

0.00 0.00
99,997.80

73.83 369.17

0.00 0.00

0.00 369.17
369.17
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029
06/04/2024
06/11/2024
109,754.91
118,255.62

0.00 (8,517.39)
109,738.23
102.11
510.55

94.76 503.20

0.00 0.00

0.00 503.20
503.20
13063EGT7 CALIFORNIA STATE 4.5
08/01/2029
10/30/2024
11/05/2024
395,000.00
397,081.65

0.00 0.00
397,081.65
7,406.25

0.00 8,887.50
1,481.25

0.00 0.00

0.00 1,481.25
1,481.25
14913R3A3

CATERPILLAR FINANCIAL
SERVICES CORP 3.6
08/12/2027
09/13/2022
09/15/2022
250,000.00
242,635.00

0.00 0.00
242,635.00
3,475.00

0.00 4,225.00
750.00

0.00 0.00

CATERPILLAR FINANCIAL
SERVICES CORP 4.7
11/15/2029
11/12/2024
11/15/2024
150,000.00
149,755.50

0.00 0.00
149,755.50
900.83

0.00 1,488.33
587.50

0.00 0.00

0.00 587.50
587.50
161571HT4 CHAIT 2023-1 A 5.16
09/15/2028
09/07/2023
09/15/2023
280,000.00
279,922.38

0.00 0.00
279,922.38
642.13
1,204.00
642.13
1,204.00

0.00 0.00

0.00 1,204.00
1,204.00
171239AL0 CHUBB INA HOLDINGS LLC

4.65 08/15/2029
08/22/2024
08/23/2024
450,000.00
456,678.00

0.00 0.00
456,678.00
7,905.00

0.00 9,648.75
1,743.75

0.00 0.00

0.00 1,743.75
1,743.75
17275RBR2 CISCO SYSTEMS INC 4.85
02/26/2029
02/21/2024
02/26/2024
140,000.00
139,951.00

0.00 0.00
139,951.00
2,357.64

0.00 2,923.47
565.83

0.00 0.00

0.00 565.83
565.83
194162AT0 COLGATE-PALMOLIVE CO 4.2
05/01/2030
04/28/2025
05/02/2025
210,000.00
209,888.70

0.00 0.00
209,888.70
1,470.00

0.00 2,205.00
735.00

0.00 0.00

0.00 735.00
735.00
24422EYF0 JOHN DEERE CAPITAL CORP

4.375 10/15/2030
11/04/2025
11/05/2025
500,000.00
503,460.00

0.00 0.00
503,460.00
4,618.06

0.00 6,440.97
1,822.92

0.00 0.00

0.00 1,822.92
1,822.92
26444HAT8 DUKE ENERGY FLORIDA LLC

4.2 12/01/2030
01/08/2026
01/09/2026
500,000.00

0.00 500,545.00

0.00 (2,508.33)
3,791.67
1,283.34

0.00 0.00

0.00 1,283.34
1,283.34
30303MAB8 META PLATFORMS INC 4.2
11/15/2030
11/13/2025
11/17/2025
450,000.00
450,868.50

0.00 0.00
450,868.50
3,045.00

0.00 4,620.00
1,575.00

0.00 0.00

0.00 1,575.00
1,575.00
3130ATS57 FEDERAL HOME LOAN BANKS

4.5 03/10/2028
03/22/2023
03/23/2023
500,000.00
510,315.00

0.00 0.00
510,315.00
6,937.50

0.00 8,812.50
1,875.00

0.00 0.00

4.375 09/08/2028
09/13/2023
09/15/2023
300,000.00
298,555.11

0.00 0.00
298,555.11
4,119.79

0.00 5,213.54
1,093.75

0.00 0.00

0.00 1,093.75
1,093.75
3130AXQK7 FEDERAL HOME LOAN BANKS

4.75 12/08/2028
12/07/2023
12/08/2023
650,000.00
666,646.50

0.00 0.00
666,646.50
1,972.57

0.00 4,545.49
2,572.92

0.00 0.00

0.00 2,572.92
2,572.92
3133EPGW9

FEDERAL FARM CREDIT
BANKS FUNDING CORP 3.875
04/25/2028
04/24/2023
04/25/2023
250,000.00
251,255.00

0.00 0.00
251,255.00
1,776.04

0.00 2,583.33
807.29

0.00 0.00

0.00 807.29
807.29
3133EPWK7

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.5
09/22/2028
09/25/2023
09/26/2023
500,000.00
496,185.00

0.00 0.00
496,185.00
6,187.50

0.00 8,062.50
1,875.00

0.00 0.00

0.00 1,875.00
1,875.00
3133ERAK7

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.375
04/10/2029
04/08/2024
04/10/2024
400,000.00
398,068.00

0.00 0.00
398,068.00
3,937.50

0.00 5,395.83
1,458.33

0.00 0.00

0.00 1,458.33
1,458.33
3133ERDH1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.75
04/30/2029
05/08/2024
05/09/2024
500,000.00
504,355.00

0.00 0.00
504,355.00
4,024.31

0.00 6,003.47
1,979.17

0.00 0.00

0.00 1,979.17
1,979.17
3133ERFJ5

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.5
05/20/2027
05/23/2024
05/24/2024
450,000.00
446,330.25

0.00 0.00
446,330.25
2,306.25

0.00 3,993.75
1,687.50

0.00 0.00

0.00 1,687.50
1,687.50
3133ERMB4

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.25
07/23/2027
07/18/2024
07/23/2024
650,000.00
649,798.50

0.00 0.00
649,798.50
12,124.31
13,812.50
613.89
2,302.08

0.00 0.00

0.00 2,302.08
2,302.08
3135G0Q22

FEDERAL NATIONAL

MORTGAGE ASSOCIATION

1.875 09/24/2026
09/14/2022
09/15/2022
350,000.00
325,881.50

0.00 0.00
325,881.50
1,768.23

0.00 2,315.10
546.88

0.00 0.00

0.00 342,412.11

0.00 (342,412.11)

0.00 1,000.42
1,377.16

0.00 376.74

0.00 0.00

0.00 376.74
376.74
3137F2LJ3 FHMS K-066 A2 3.117
06/25/2027
09/13/2022
09/16/2022

0.00 337,640.63

0.00 (337,640.63)

0.00 909.13
1,242.48

0.00 333.36

0.00 0.00

0.00 333.36
333.36
3137F62M8 FHMS K-118 A2 1.493
09/25/2030
01/29/2026
01/30/2026
350,000.00

0.00 313,085.94

0.00 (420.94)
435.46

14.52 0.00

0.00 0.00

14.52 14.52
3137F83Q4 FHMS K-121 A2 1.547
10/25/2030
01/07/2026
01/12/2026
500,000.00

0.00 447,421.88

0.00 (236.35)
644.58
408.23

0.00 0.00

0.00 408.23
408.23
3137FAWS3 FHMS K-067 A2 3.194
07/25/2027
09/22/2022
09/27/2022
310,000.00
295,856.25

0.00 0.00
295,856.25
825.12
825.12
825.12
825.12

0.00 0.00

0.00 825.12
825.12
3137FBU79 FHMS K-069 A2 3.187
09/25/2027
05/18/2023
05/23/2023
484,732.62
466,430.24

0.00 (802.90)
465,627.34
1,289.59
1,289.59
1,287.37
1,287.37

0.00 0.00

0.00 1,287.37
1,287.37
3137FG6X8 FHMS K-077 A2 3.85
05/25/2028
05/24/2023
05/30/2023
510,000.00
500,636.72

0.00 0.00
500,636.72
1,636.25
1,636.25
1,636.25
1,636.25

0.00 0.00

0.00 1,636.25
1,636.25
3137FKSH0 FHMS K-086 A2 3.859
11/25/2028
07/18/2024
07/23/2024
500,000.00
486,640.63

0.00 0.00
486,640.63
1,607.92
1,607.92
1,607.92
1,607.92

0.00 0.00

0.00 1,607.92
1,607.92
3137FKUP9 FHMS K-087 A2 3.771
12/25/2028
06/05/2024
06/06/2024
388,230.34
373,905.52

0.00 (415.80)
373,489.72
1,221.37
1,221.37
1,220.01
1,220.01

0.00 0.00

0.00 0.00
380,031.25
1,140.67
1,140.67
1,140.67
1,140.67

0.00 0.00

0.00 1,140.67
1,140.67
3137FLYV0 FHMS K-092 A2 3.298
04/25/2029
05/30/2024
06/04/2024
250,000.00
232,578.13

0.00 0.00
232,578.13
687.08
687.08
687.08
687.08

0.00 0.00

0.00 687.08
687.08
3137FMCR1 FHMS K-093 A2 2.982
05/25/2029
09/19/2024
09/24/2024
344,694.81
332,921.30

0.00 (371.59)
332,549.71
857.52
857.52
856.57
856.56

0.00 0.00

0.00 856.56
856.56
3137FRUT6 FHMS K-106 A2 2.069
01/25/2030
09/03/2025
09/08/2025
500,000.00
461,699.22

0.00 0.00
461,699.22
862.08
862.08
862.08
862.08

0.00 0.00

0.00 862.08
862.08
3137FWG79 FHMS K-115 A2 1.383
06/25/2030
12/10/2025
12/15/2025
310,000.00
277,038.28

0.00 0.00
277,038.28
357.28
357.28
357.28
357.28

0.00 0.00

0.00 357.28
357.28
3137H5YC5 FHMS K-748 A2 2.26
01/25/2029
10/17/2024
10/22/2024
525,000.00
485,030.27

0.00 0.00
485,030.27
988.75
988.75
988.75
988.75

0.00 0.00

0.00 988.75
988.75
341081GT8 FLORIDA POWER & LIGHT CO

5.15 06/15/2029
06/13/2024
06/17/2024
300,000.00
304,159.46

0.00 0.00
304,159.46
686.67

0.00 1,974.17
1,287.50

0.00 0.00

0.00 1,287.50
1,287.50
437076DC3 HOME DEPOT INC 4.75
06/25/2029
07/08/2024
07/09/2024
500,000.00
500,690.00

0.00 0.00
500,690.00
395.83

0.00 2,375.00
1,979.17

0.00 0.00

0.00 1,979.17
1,979.17
437921AD1 HAROT 252 A3 4.15
10/15/2029
04/29/2025
05/08/2025
125,000.00
124,986.04

0.00 0.00
124,986.04
230.56
432.29
230.56
432.29

0.00 0.00

0.00 (5,290.97)
79,470.42
188.02
352.54
176.29
340.80

0.00 0.00

0.00 340.80
340.80
44933XAD9 HART 2023-B A3 5.48
04/17/2028
07/11/2024
07/12/2024
237,680.99
263,876.07

0.00 (24,923.12)
238,952.95
639.26
1,198.62
578.89
1,138.24

0.00 0.00

0.00 1,138.24
1,138.24
4581X0EN4

INTER-AMERICAN
DEVELOPMENT BANK 4.125
02/15/2029
03/14/2024
03/18/2024
400,000.00
395,324.00

0.00 0.00
395,324.00
6,233.33

0.00 7,608.33
1,375.00

0.00 0.00

0.00 1,375.00
1,375.00
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
08/17/2023
08/21/2023
225,000.00
214,688.25

0.00 0.00
214,688.25
3,696.88
3,937.50
415.63
656.25

0.00 0.00

0.00 656.25
656.25
459058LR2

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 4.125 03/20/2030
03/14/2025
03/20/2025
235,000.00
234,161.05

0.00 0.00
234,161.05
2,719.64

0.00 3,527.45
807.81

0.00 0.00

0.00 807.81
807.81
45950KDD9 INTERNATIONAL FINANCE
CORP 4.5 07/13/2028
07/06/2023
07/13/2023
230,000.00
229,744.70

0.00 0.00
229,744.70
4,830.00
5,175.00
517.50
862.50

0.00 0.00

0.00 862.50
862.50
46647PEB8 JPMORGAN CHASE & CO

5.012 01/23/2030
05/14/2025
05/15/2025
300,000.00
302,478.00

0.00 0.00
302,478.00
6,599.13
7,518.00
334.13
1,253.00

0.00 0.00

0.00 1,253.00
1,253.00
47786WAD2 JDOT 2024-B A3 5.2
03/15/2029
06/11/2024
06/18/2024
65,000.00
64,987.29

0.00 0.00
64,987.29
150.22
281.67
150.22
281.67

0.00 0.00

0.00 281.67
281.67
47787CAC7 JDOT 2023-C A3 5.48
05/15/2028
12/05/2023
12/08/2023
183,732.40
199,592.36

0.00 (13,950.87)
185,641.49
481.12
902.10
447.49
868.47

0.00 0.00

0.00 (3,256.32)
17,656.70

47.31 88.71

39.95 81.34

0.00 0.00

0.00 81.34

81.34 47800DAD6 JDOT 2025 A3 4.23
09/17/2029
03/04/2025
03/11/2025
185,000.00
184,988.36

0.00 0.00
184,988.36
347.80
652.13
347.80
652.13

0.00 0.00

0.00 652.13
652.13
532457CV8 ELI LILLY AND CO 4.75
02/12/2030
02/10/2025
02/12/2025
500,000.00
500,110.00

0.00 0.00
500,110.00
9,170.14

0.00 11,149.31
1,979.17

0.00 0.00

0.00 1,979.17
1,979.17
58770JAD6 MBALT 2024-A A3 5.32
01/18/2028
05/17/2024
05/23/2024
70,000.00
69,991.81

0.00 0.00
69,991.81
165.51
310.33
165.51
310.33

0.00 0.00

0.00 310.33
310.33
58770YAD3 MBALT 2026-A A3 3.93
01/15/2030
01/13/2026
01/21/2026
110,000.00

0.00 109,978.19

0.00 0.00
120.08
120.08

0.00 0.00

0.00 120.08
120.08
58933YBH7 MERCK & CO INC 4.05
05/17/2028 300,000.00
299,617.50

0.00 0.00
299,617.50
1,485.00

0.00 2,497.50
1,012.50

0.00 0.00

0.00 1,012.50
1,012.50
61747YEC5 MORGAN STANLEY 1.512
07/20/2027
09/15/2022
09/19/2022

0.00 219,305.00

0.00 (219,305.00)

0.00 1,690.50
1,774.50

0.00 84.00

0.00 0.00

0.00 84.00

84.00 61748UAK8 MORGAN STANLEY 4.133
10/18/2029
10/17/2025
10/22/2025
290,000.00
290,036.40

0.00 0.00
290,036.40
2,297.26

0.00 3,296.07
998.81

0.00 0.00

0.00 998.81
998.81
63743HFZ0

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

4.15 08/25/2028
08/26/2025
08/27/2025
400,000.00
401,292.00

0.00 0.00
401,292.00
5,810.00

0.00 7,193.33
1,383.33

0.00 0.00

0.00 0.00
364,405.05
7,042.47

0.00 46.64
(6,995.83)

0.00 0.00

0.00 (6,995.83)
(6,995.83)
713448FX1 PEPSICO INC 4.5 07/17/2029
07/16/2024
07/17/2024
400,000.00
399,592.00

0.00 0.00
399,592.00
8,200.00
9,000.00
700.00
1,500.00

0.00 0.00

0.00 1,500.00
1,500.00
74340XCQ2 PROLOGIS LP 4.75
01/15/2031
01/14/2026
01/15/2026
450,000.00

0.00 460,462.50

0.00 0.00
950.00
950.00

0.00 0.00

0.00 950.00
950.00
74456QBU9 PUBLIC SERVICE ELECTRIC
AND GAS CO 3.7 05/01/2028
09/06/2023
09/08/2023
300,000.00
282,837.00

0.00 0.00
282,837.00
1,850.00

0.00 2,775.00
925.00

0.00 0.00

0.00 925.00
925.00
74464AAC5 PUBLIC STORAGE OPERATING
CO 4.375 07/01/2030
09/04/2025
09/05/2025
500,000.00
504,075.00

0.00 0.00
504,075.00
10,998.26
10,998.26
1,822.92
1,822.91

0.00 0.00

0.00 1,822.91
1,822.91
756109CW2 REALTY INCOME CORP 3.95
02/01/2029
09/25/2025
10/06/2025
470,000.00
467,236.40

0.00 0.00
467,236.40
4,383.40

0.00 5,930.49
1,547.08

0.00 0.00

0.00 1,547.08
1,547.08
857477CL5 STATE STREET CORP 4.993
03/18/2027
03/13/2024
03/18/2024

0.00 300,000.00

0.00 (300,000.00)

0.00 4,285.66
4,618.53

0.00 332.87

0.00 0.00

0.00 332.87
332.87
89231HAD8 TAOT 2025-B A3 4.34
11/15/2029
04/24/2025
04/30/2025
120,000.00
119,993.12

0.00 0.00
119,993.12
231.47
434.00
231.47
434.00

0.00 0.00

0.00 434.00
434.00
89236TMK8 TOYOTA MOTOR CREDIT
CORP 4.55 08/09/2029
12/09/2024
12/10/2024
450,000.00
450,067.50

0.00 0.00
450,067.50
8,076.25

0.00 9,782.50
1,706.25

0.00 0.00

0.00 0.00
329,293.80
7,804.50
8,167.50
998.25
1,361.25

0.00 0.00

0.00 1,361.25
1,361.25
89239TAD4 TAOT 2024-D A3 4.4
06/15/2029
10/10/2024
10/17/2024
120,000.00
119,993.30

0.00 0.00
119,993.30
234.67
440.00
234.67
440.00

0.00 0.00

0.00 440.00
440.00
91282CEF4 UNITED STATES TREASURY 2.5
03/31/2027
09/14/2022
09/15/2022
650,000.00
618,591.80

0.00 0.00
618,591.80
4,151.79

0.00 5,535.71
1,383.93

0.00 0.00

0.00 1,383.93
1,383.93
91282CFH9 UNITED STATES TREASURY

3.125 08/31/2027
09/13/2022
09/14/2022
650,000.00
636,822.26

0.00 0.00
636,822.26
6,901.76

0.00 8,641.23
1,739.47

0.00 0.00

0.00 1,739.47
1,739.47
91282CFL0 UNITED STATES TREASURY

3.875 09/30/2029
11/14/2024
11/15/2024
350,000.00
343,656.25

0.00 0.00
343,656.25
3,465.14

0.00 4,620.19
1,155.05

0.00 0.00

0.00 1,155.05
1,155.05
91282CFU0 UNITED STATES TREASURY

4.125 10/31/2027
07/08/2024
07/09/2024
650,000.00
645,074.22

0.00 0.00
645,074.22
4,592.20

0.00 6,888.29
2,296.10

0.00 0.00

0.00 2,296.10
2,296.10
91282CGC9 UNITED STATES TREASURY

3.875 12/31/2027
01/24/2023
01/25/2023
350,000.00
354,470.70

0.00 0.00
354,470.70

37.47 0.00
1,198.90
1,161.43

0.00 0.00

0.00 1,161.43
1,161.43
91282CGH8 UNITED STATES TREASURY 3.5
01/31/2028
02/22/2023
02/23/2023
500,000.00
486,269.53

0.00 0.00
486,269.53
7,323.37

0.00 48.34
(7,275.03)

0.00 0.00

0.00 (7,275.03)
(7,275.03)
91282CGP0 UNITED STATES TREASURY 4.0
02/29/2028
07/19/2024
07/22/2024
500,000.00
496,367.19

0.00 0.00
496,367.19
6,795.58

0.00 8,508.29
1,712.71

0.00 0.00

3.625 03/31/2028
04/24/2023
04/25/2023
350,000.00
350,259.77

0.00 0.00
350,259.77
3,241.59

0.00 4,322.12
1,080.53

0.00 0.00

0.00 1,080.53
1,080.53
91282CHE4 UNITED STATES TREASURY

3.625 05/31/2028
06/22/2023
06/23/2023
500,000.00
491,308.59

0.00 0.00
491,308.59
1,593.41

0.00 3,137.02
1,543.61

0.00 0.00

0.00 1,543.61
1,543.61
91282CHK0 UNITED STATES TREASURY 4.0
06/30/2028
09/20/2023
09/21/2023
500,000.00
489,179.69

0.00 0.00
489,179.69

55.25 0.00
1,767.96
1,712.71

0.00 0.00

0.00 1,712.71
1,712.71
91282CHQ7 UNITED STATES TREASURY

4.125 07/31/2028
08/24/2023
08/25/2023
350,000.00
345,953.13

0.00 0.00
345,953.13
6,041.78

0.00 39.88
(6,001.90)

0.00 0.00

0.00 (6,001.90)
(6,001.90)
91282CJA0 UNITED STATES TREASURY

4.625 09/30/2028
10/18/2023
10/19/2023
350,000.00
345,912.11

0.00 0.00
345,912.11
4,135.82

0.00 5,514.42
1,378.61

0.00 0.00

0.00 1,378.61
1,378.61
91282CJC6 UNITED STATES TREASURY

4.625 10/15/2026
07/19/2024
07/22/2024
500,000.00
502,148.44

0.00 0.00
502,148.44
4,955.36

0.00 6,924.79
1,969.44

0.00 0.00

0.00 1,969.44
1,969.44
91282CJR3 UNITED STATES TREASURY

3.75 12/31/2028
01/22/2024
01/23/2024
400,000.00
395,468.75

0.00 0.00
395,468.75

41.44 0.00
1,325.97
1,284.53

0.00 0.00

0.00 1,284.53
1,284.53
91282CJW2 UNITED STATES TREASURY 4.0
01/31/2029
02/12/2024
02/13/2024
650,000.00
646,013.67

0.00 0.00
646,013.67
10,880.43

0.00 71.82
(10,808.61)

0.00 0.00

0.00 (10,808.61)
(10,808.61)
91282CKG5 UNITED STATES TREASURY

4.125 03/31/2029
07/16/2024
07/17/2024
650,000.00
650,000.00

0.00 0.00
650,000.00
6,850.45

0.00 9,133.93
2,283.48

0.00 0.00

0.00 0.00
507,812.50
1,978.02

0.00 3,894.23
1,916.21

0.00 0.00

0.00 1,916.21
1,916.21
91282CKV2 UNITED STATES TREASURY

4.625 06/15/2027
07/08/2024
07/09/2024
650,000.00
653,833.98

0.00 0.00
653,833.98
1,404.02

0.00 3,964.29
2,560.27

0.00 0.00

0.00 2,560.27
2,560.27
91282CKX8 UNITED STATES TREASURY

4.25 06/30/2029
07/08/2024
07/09/2024
650,000.00
650,355.47

0.00 0.00
650,355.47

76.31 0.00
2,441.99
2,365.68

0.00 0.00

0.00 2,365.68
2,365.68
91282CKZ3 UNITED STATES TREASURY

4.375 07/15/2027
07/16/2024
07/17/2024
650,000.00
652,462.89

0.00 0.00
652,462.89
13,136.89
14,218.75
1,335.46
2,417.32

0.00 0.00

0.00 2,417.32
2,417.32
91282CLC3 UNITED STATES TREASURY 4.0
07/31/2029
07/29/2024
07/31/2024
500,000.00
498,632.81

0.00 0.00
498,632.81
8,369.57

0.00 55.25
(8,314.32)

0.00 0.00

0.00 (8,314.32)
(8,314.32)
91282CLK5 UNITED STATES TREASURY

3.625 08/31/2029
09/17/2024
09/18/2024
500,000.00
504,218.75

0.00 0.00
504,218.75
6,158.49

0.00 7,710.64
1,552.14

0.00 0.00

0.00 1,552.14
1,552.14
91282CMA6 UNITED STATES TREASURY

4.125 11/30/2029
12/19/2024
12/20/2024
700,000.00
691,386.72

0.00 0.00
691,386.72
2,538.46

0.00 4,997.60
2,459.13

0.00 0.00

0.00 2,459.13
2,459.13
91282CMG3 UNITED STATES TREASURY

4.25 01/31/2030
05/29/2025
05/30/2025
500,000.00
504,570.31

0.00 0.00
504,570.31
8,892.66

0.00 58.70
(8,833.96)

0.00 0.00

0.00 (8,833.96)
(8,833.96)
91282CMU2 UNITED STATES TREASURY 4.0
03/31/2030
04/07/2025
04/08/2025
500,000.00
505,625.00

0.00 0.00
505,625.00
5,109.89

0.00 6,813.19
1,703.30

0.00 0.00

3.875 04/30/2030
05/29/2025
05/30/2025
500,000.00
496,367.19

0.00 0.00
496,367.19
3,318.37

0.00 4,977.56
1,659.19

0.00 0.00

0.00 1,659.19
1,659.19
91282CNK3 UNITED STATES TREASURY

3.875 06/30/2030
07/24/2025
07/25/2025
600,000.00
597,632.81

0.00 0.00
597,632.81

64.23 0.00
2,055.25
1,991.02

0.00 0.00

0.00 1,991.02
1,991.02
91282CNN7 UNITED STATES TREASURY

3.875 07/31/2030
08/26/2025
08/27/2025
500,000.00
502,402.34

0.00 0.00
502,402.34
8,108.02

0.00 53.52
(8,054.49)

0.00 0.00

0.00 (8,054.49)
(8,054.49)
91282CPD7 UNITED STATES TREASURY

3.625 10/31/2030
12/09/2025
12/10/2025
500,000.00
496,640.63

0.00 0.00
496,640.63
3,104.28

0.00 4,656.42
1,552.14

0.00 0.00

0.00 1,552.14
1,552.14
91324PEG3 UNITEDHEALTH GROUP INC

3.7 05/15/2027
09/13/2022
09/15/2022

0.00 244,607.50

0.00 (244,607.50)

0.00 1,181.94
1,901.39

0.00 719.45

0.00 0.00

0.00 719.45
719.45
92970QAE5 WFCIT 2024-2 A 4.29
10/15/2029
10/17/2024
10/24/2024
210,000.00
209,968.79

0.00 0.00
209,968.79
400.40
750.75
400.40
750.75

0.00 0.00

0.00 750.75
750.75
92970QAJ4 WFCIT 2025-1 A 4.34
05/15/2030
09/04/2025
09/05/2025
325,000.00
329,125.98

0.00 0.00
329,125.98
626.89
1,175.42
626.89
1,175.42

0.00 0.00

0.00 1,175.42
1,175.42
Total Fixed Income 40,255,972.08
39,470,365.52
1,831,493.51
(1,501,494.20)
39,800,364.83
364,284.17
134,115.69
297,729.01
67,560.54

0.00 0.00

0.00 67,560.54 67,560.54
TOTAL PORTFOLIO 40,401,629.37
39,696,081.68
2,500,424.12
(2,317,950.97)
39,946,022.12
364,284.17
134,942.77
297,729.01
68,387.62

0.00 0.00

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount FEBRUARY 2026
02/02/2026 Coupon 91282CNN7 0.00 UNITED STATES TREASURY 3.875 07/31/2030 9,687.50 9,687.50 02/02/2026 Coupon 91282CMG3 0.00 UNITED STATES TREASURY 4.25 01/31/2030 10,625.00 10,625.00 02/02/2026 Coupon 91282CLC3 0.00 UNITED STATES TREASURY 4.0 07/31/2029 10,000.00 10,000.00 02/02/2026 Coupon 91282CJW2 0.00 UNITED STATES TREASURY 4.0 01/31/2029 13,000.00 13,000.00 02/02/2026 Coupon 91282CHQ7 0.00 UNITED STATES TREASURY 4.125 07/31/2028 7,218.75 7,218.75 02/02/2026 Coupon 91282CGH8 0.00 UNITED STATES TREASURY 3.5 01/31/2028 8,750.00 8,750.00 02/02/2026 Coupon 756109CW2 0.00 REALTY INCOME CORP 3.95 02/01/2029 5,930.49 5,930.49 02/02/2026 Coupon 69371RS80 0.00 PACCAR FINANCIAL CORP 4.6 01/31/2029 8,395.00 8,395.00 02/02/2026 Dividend 31846V203 0.00 FIRST AMER:GVT OBLG Y 618.12 618.12 02/02/2026 Coupon 13063EGT7 0.00 CALIFORNIA STATE 4.5 08/01/2029 8,887.50 8,887.50 02/09/2026 Coupon 89236TMK8 450,000.00 TOYOTA MOTOR CREDIT CORP 4.55 08/09/2029 10,237.50 10,237.50 02/12/2026 Coupon 14913R3A3 250,000.00 CATERPILLAR FINANCIAL SERVICES CORP 3.6 08/12/2027 4,500.00 4,500.00
02/12/2026 Coupon 532457CV8 500,000.00 ELI LILLY AND CO 4.75 02/12/2030 11,875.00 11,875.00 02/16/2026 Coupon 05522RDJ4 135,000.00 BACCT 2024-1 A 4.93 05/15/2029 554.63 554.63 02/16/2026 Coupon 161571HT4 280,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,204.00 1,204.00 02/16/2026 Coupon 437921AD1 125,000.00 HAROT 252 A3 4.15 10/15/2029 432.29 432.29 02/16/2026 Coupon 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 330.54 330.54 02/16/2026 Principal Paydown 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 4,379.05 4,379.05 02/16/2026 Coupon 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 1,085.41 1,085.41 02/16/2026 Principal Paydown 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 22,197.99 22,197.99 02/16/2026 Coupon 47786WAD2 65,000.00 JDOT 2024-B A3 5.2 03/15/2029 281.67 281.67 02/16/2026 Coupon 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 839.04 839.04 02/16/2026 Principal Paydown 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 15,040.60 15,040.60 02/16/2026 Coupon 47800BAC2 17,658.07 JDOT 2022-C A3 5.09 06/15/2027 74.90 74.90 02/16/2026 Principal Paydown 47800BAC2 17,658.07 JDOT 2022-C A3 5.09 06/15/2027 3,330.87 3,330.87 02/16/2026 Coupon 47800DAD6 185,000.00 JDOT 2025 A3 4.23 09/17/2029 652.13 652.13 02/16/2026 Coupon 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 310.37 310.37 02/16/2026 Principal Paydown 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 565.57 565.57 02/16/2026 Coupon 58770YAD3 110,000.00 MBALT 2026-A A3 3.93 01/15/2030 288.20 288.20 02/16/2026 Coupon 89231HAD8 120,000.00 TAOT 2025-B A3 4.34 11/15/2029 434.00 434.00 CONFIDENTIAL | 36
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/16/2026 Coupon 89239TAD4 120,000.00 TAOT 2024-D A3 4.4 06/15/2029 440.00 440.00 02/17/2026 Coupon 02582JKH2 110,000.00 AMXCA 2024-1 A 5.23 04/16/2029 479.42 479.42 02/17/2026 Coupon 171239AL0 450,000.00 CHUBB INA HOLDINGS LLC 4.65 08/15/2029 10,462.50 10,462.50 02/17/2026 Coupon 4581X0EN4 400,000.00 INTER-AMERICAN DEVELOPMENT BANK 4.125 02/15/2029 8,250.00 8,250.00
02/17/2026 Coupon 92970QAE5 210,000.00 WFCIT 2024-2 A 4.29 10/15/2029 750.75 750.75 02/17/2026 Coupon 92970QAJ4 325,000.00 WFCIT 2025-1 A 4.34 05/15/2030 1,175.42 1,175.42 02/23/2026 Coupon 023135BC9 250,000.00 AMAZON.COM INC 3.15 08/22/2027 3,937.50 3,937.50 02/25/2026 Coupon 05594HAD5 205,000.00 BMWLT 2025-2 A3 3.97 09/25/2028 678.21 678.21 02/25/2026 Coupon 096912AD2 100,000.00 BMWLT 2025-1 A3 4.43 06/26/2028 369.17 369.17 02/25/2026 Coupon 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 482.35 482.35 02/25/2026 Principal Paydown 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 6,464.19 6,464.19 02/25/2026 Coupon 3137F62M8 350,000.00 FHMS K-118 A2 1.493 09/25/2030 435.46 435.46 02/25/2026 Coupon 3137F83Q4 500,000.00 FHMS K-121 A2 1.547 10/25/2030 644.58 644.58 02/25/2026 Coupon 3137FAWS3 310,000.00 FHMS K-067 A2 3.194 07/25/2027 825.12 825.12 02/25/2026 Coupon 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 1,287.37 1,287.37 02/25/2026 Principal Paydown 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 838.59 838.59 02/25/2026 Coupon 3137FG6X8 510,000.00 FHMS K-077 A2 3.85 05/25/2028 1,636.25 1,636.25 02/25/2026 Coupon 3137FKSH0 500,000.00 FHMS K-086 A2 3.859 11/25/2028 1,607.92 1,607.92 02/25/2026 Coupon 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 1,220.01 1,220.01 02/25/2026 Principal Paydown 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 433.88 433.88 02/25/2026 Coupon 3137FLMV3 400,000.00 FHMS K-090 A2 3.422 02/25/2029 1,140.67 1,140.67 02/25/2026 Coupon 3137FLYV0 250,000.00 FHMS K-092 A2 3.298 04/25/2029 687.08 687.08 02/25/2026 Coupon 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 856.57 856.57 02/25/2026 Principal Paydown 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 386.04 386.04 02/25/2026 Coupon 3137FRUT6 500,000.00 FHMS K-106 A2 2.069 01/25/2030 862.08 862.08 02/25/2026 Coupon 3137FWG79 310,000.00 FHMS K-115 A2 1.383 06/25/2030 357.28 357.28 02/25/2026 Coupon 3137H5YC5 525,000.00 FHMS K-748 A2 2.26 01/25/2029 988.75 988.75 02/25/2026 Coupon 63743HFZ0 400,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 4.15 08/25/2028 8,300.00 8,300.00
02/26/2026 Coupon 17275RBR2 140,000.00 CISCO SYSTEMS INC 4.85 02/26/2029 3,395.00 3,395.00 CONFIDENTIAL | 37
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount February 2026
Total 54,254.88 166,863.35 221,118.24
MARCH 2026
03/02/2026 Coupon 91282CFH9 650,000.00 UNITED STATES TREASURY 3.125 08/31/2027 10,156.25 10,156.25 03/02/2026 Coupon 91282CGP0 500,000.00 UNITED STATES TREASURY 4.0 02/29/2028 10,000.00 10,000.00 03/02/2026 Coupon 91282CLK5 500,000.00 UNITED STATES TREASURY 3.625 08/31/2029 9,062.50 9,062.50 03/05/2026 Coupon 02665WFY2 325,000.00 AMERICAN HONDA FINANCE CORP 4.8 03/05/2030 7,800.00 7,800.00
03/09/2026 Coupon 3130AWTR1 300,000.00 FEDERAL HOME LOAN BANKS 4.375 09/08/2028 6,562.50 6,562.50
03/10/2026 Coupon 3130ATS57 500,000.00 FEDERAL HOME LOAN BANKS 4.5 03/10/2028 11,250.00 11,250.00 03/16/2026 Coupon 02582JKH2 110,000.00 AMXCA 2024-1 A 5.23 04/16/2029 479.42 479.42 03/16/2026 Coupon 05522RDJ4 135,000.00 BACCT 2024-1 A 4.93 05/15/2029 554.63 554.63 03/16/2026 Coupon 161571HT4 280,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,204.00 1,204.00 03/16/2026 Coupon 437921AD1 125,000.00 HAROT 252 A3 4.15 10/15/2029 432.29 432.29 03/16/2026 Coupon 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 312.33 312.33 03/16/2026 Principal Paydown 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 4,278.26 4,278.26 03/16/2026 Coupon 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 984.04 984.04 03/16/2026 Principal Paydown 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 19,799.76 19,799.76 03/16/2026 Coupon 47786WAD2 65,000.00 JDOT 2024-B A3 5.2 03/15/2029 281.67 281.67 03/16/2026 Coupon 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 770.36 770.36 03/16/2026 Principal Paydown 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 12,554.10 12,554.10 03/16/2026 Coupon 47800BAC2 17,658.07 JDOT 2022-C A3 5.09 06/15/2027 60.77 60.77 03/16/2026 Principal Paydown 47800BAC2 17,658.07 JDOT 2022-C A3 5.09 06/15/2027 2,928.13 2,928.13 03/16/2026 Coupon 47800DAD6 185,000.00 JDOT 2025 A3 4.23 09/17/2029 652.13 652.13 03/16/2026 Coupon 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 307.86 307.86 03/16/2026 Principal Paydown 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 5,872.17 5,872.17 03/16/2026 Coupon 58770YAD3 110,000.00 MBALT 2026-A A3 3.93 01/15/2030 360.25 360.25 03/16/2026 Coupon 89231HAD8 120,000.00 TAOT 2025-B A3 4.34 11/15/2029 434.00 434.00 03/16/2026 Coupon 89239TAD4 120,000.00 TAOT 2024-D A3 4.4 06/15/2029 440.00 440.00 03/16/2026 Coupon 92970QAE5 210,000.00 WFCIT 2024-2 A 4.29 10/15/2029 750.75 750.75 03/16/2026 Coupon 92970QAJ4 325,000.00 WFCIT 2025-1 A 4.34 05/15/2030 1,175.42 1,175.42 CONFIDENTIAL | 38
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/20/2026 Coupon 459058LR2 235,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.125 03/20/2030 4,846.88 4,846.88
03/23/2026 Coupon 3133EPWK7 500,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.5 09/22/2028 11,250.00 11,250.00
03/24/2026 Coupon 3135G0Q22 350,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

1.875 09/24/2026 3,281.25 3,281.25
03/25/2026 Coupon 05594HAD5 205,000.00 BMWLT 2025-2 A3 3.97 09/25/2028 678.21 678.21 03/25/2026 Coupon 096912AD2 100,000.00 BMWLT 2025-1 A3 4.43 06/26/2028 369.17 369.17 03/25/2026 Coupon 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 454.45 454.45 03/25/2026 Principal Paydown 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 6,285.05 6,285.05 03/25/2026 Coupon 3137F62M8 350,000.00 FHMS K-118 A2 1.493 09/25/2030 435.46 435.46 03/25/2026 Coupon 3137F83Q4 500,000.00 FHMS K-121 A2 1.547 10/25/2030 644.58 644.58 03/25/2026 Coupon 3137FAWS3 310,000.00 FHMS K-067 A2 3.194 07/25/2027 825.12 825.12 03/25/2026 Coupon 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 1,285.14 1,285.14 03/25/2026 Principal Paydown 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 1,000.57 1,000.57 03/25/2026 Coupon 3137FG6X8 510,000.00 FHMS K-077 A2 3.85 05/25/2028 1,636.25 1,636.25 03/25/2026 Coupon 3137FKSH0 500,000.00 FHMS K-086 A2 3.859 11/25/2028 1,607.92 1,607.92 03/25/2026 Coupon 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 1,218.65 1,218.65 03/25/2026 Principal Paydown 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 553.33 553.33 03/25/2026 Coupon 3137FLMV3 400,000.00 FHMS K-090 A2 3.422 02/25/2029 1,140.67 1,140.67 03/25/2026 Coupon 3137FLYV0 250,000.00 FHMS K-092 A2 3.298 04/25/2029 687.08 687.08 03/25/2026 Coupon 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 855.61 855.61 03/25/2026 Principal Paydown 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 482.57 482.57 03/25/2026 Coupon 3137FRUT6 500,000.00 FHMS K-106 A2 2.069 01/25/2030 862.08 862.08 03/25/2026 Coupon 3137FWG79 310,000.00 FHMS K-115 A2 1.383 06/25/2030 357.28 357.28 03/25/2026 Coupon 3137H5YC5 525,000.00 FHMS K-748 A2 2.26 01/25/2029 988.75 988.75 03/31/2026 Coupon 91282CEF4 650,000.00 UNITED STATES TREASURY 2.5 03/31/2027 8,125.00 8,125.00 03/31/2026 Coupon 91282CFL0 350,000.00 UNITED STATES TREASURY 3.875 09/30/2029 6,781.25 6,781.25 03/31/2026 Coupon 91282CGT2 350,000.00 UNITED STATES TREASURY 3.625 03/31/2028 6,343.75 6,343.75 03/31/2026 Coupon 91282CJA0 350,000.00 UNITED STATES TREASURY 4.625 09/30/2028 8,093.75 8,093.75 03/31/2026 Coupon 91282CKG5 650,000.00 UNITED STATES TREASURY 4.125 03/31/2029 13,406.25 13,406.25 03/31/2026 Coupon 91282CMU2 500,000.00 UNITED STATES TREASURY 4.0 03/31/2030 10,000.00 10,000.00 CONFIDENTIAL | 39
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount March 2026 Total 53,753.93 150,205.68 203,959.61
APRIL 2026
04/10/2026 Coupon 3133ERAK7 400,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.375 04/10/2029 8,750.00 8,750.00
04/15/2026 Coupon 02582JKH2 110,000.00 AMXCA 2024-1 A 5.23 04/16/2029 479.42 479.42 04/15/2026 Coupon 05522RDJ4 135,000.00 BACCT 2024-1 A 4.93 05/15/2029 554.63 554.63 04/15/2026 Coupon 161571HT4 280,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,204.00 1,204.00 04/15/2026 Coupon 24422EYF0 500,000.00 JOHN DEERE CAPITAL CORP 4.375 10/15/2030 10,937.50 10,937.50 04/15/2026 Coupon 437921AD1 125,000.00 HAROT 252 A3 4.15 10/15/2029 432.29 432.29 04/15/2026 Coupon 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 294.54 294.54 04/15/2026 Principal Paydown 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 4,490.72 4,490.72 04/15/2026 Coupon 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 893.62 893.62 04/15/2026 Principal Paydown 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 20,263.30 20,263.30 04/15/2026 Coupon 47786WAD2 65,000.00 JDOT 2024-B A3 5.2 03/15/2029 281.67 281.67 04/15/2026 Principal Paydown 47786WAD2 65,000.00 JDOT 2024-B A3 5.2 03/15/2029 3,604.25 3,604.25 04/15/2026 Coupon 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 713.03 713.03 04/15/2026 Principal Paydown 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 15,999.15 15,999.15 04/15/2026 Coupon 47800BAC2 17,658.07 JDOT 2022-C A3 5.09 06/15/2027 48.35 48.35 04/15/2026 Principal Paydown 47800BAC2 17,658.07 JDOT 2022-C A3 5.09 06/15/2027 3,699.38 3,699.38 04/15/2026 Coupon 47800DAD6 185,000.00 JDOT 2025 A3 4.23 09/17/2029 652.13 652.13 04/15/2026 Coupon 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 281.83 281.83 04/15/2026 Principal Paydown 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 6,371.36 6,371.36 04/15/2026 Coupon 58770YAD3 110,000.00 MBALT 2026-A A3 3.93 01/15/2030 360.25 360.25 04/15/2026 Coupon 89231HAD8 120,000.00 TAOT 2025-B A3 4.34 11/15/2029 434.00 434.00 04/15/2026 Coupon 89239TAD4 120,000.00 TAOT 2024-D A3 4.4 06/15/2029 440.00 440.00 04/15/2026 Coupon 91282CJC6 500,000.00 UNITED STATES TREASURY 4.625 10/15/2026 11,562.50 11,562.50 04/15/2026 Coupon 92970QAE5 210,000.00 WFCIT 2024-2 A 4.29 10/15/2029 750.75 750.75 04/15/2026 Coupon 92970QAJ4 325,000.00 WFCIT 2025-1 A 4.34 05/15/2030 1,175.42 1,175.42 04/20/2026 Coupon 61748UAK8 290,000.00 MORGAN STANLEY 4.133 10/18/2029 5,859.68 5,859.68 04/27/2026 Coupon 05594HAD5 205,000.00 BMWLT 2025-2 A3 3.97 09/25/2028 678.21 678.21 04/27/2026 Coupon 096912AD2 100,000.00 BMWLT 2025-1 A3 4.43 06/26/2028 369.17 369.17 04/27/2026 Coupon 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 427.32 427.32 CONFIDENTIAL | 40
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/27/2026 Principal Paydown 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 6,316.41 6,316.41 04/27/2026 Coupon 3133EPGW9 250,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

3.875 04/25/2028 4,843.75 4,843.75
04/27/2026 Coupon 3137F62M8 350,000.00 FHMS K-118 A2 1.493 09/25/2030 435.46 435.46 04/27/2026 Coupon 3137F83Q4 500,000.00 FHMS K-121 A2 1.547 10/25/2030 644.58 644.58 04/27/2026 Coupon 3137FAWS3 310,000.00 FHMS K-067 A2 3.194 07/25/2027 825.12 825.12 04/27/2026 Coupon 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 1,282.48 1,282.48 04/27/2026 Principal Paydown 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 844.65 844.65 04/27/2026 Coupon 3137FG6X8 510,000.00 FHMS K-077 A2 3.85 05/25/2028 1,636.25 1,636.25 04/27/2026 Coupon 3137FKSH0 500,000.00 FHMS K-086 A2 3.859 11/25/2028 1,607.92 1,607.92 04/27/2026 Coupon 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 1,216.91 1,216.91 04/27/2026 Principal Paydown 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 437.69 437.69 04/27/2026 Coupon 3137FLMV3 400,000.00 FHMS K-090 A2 3.422 02/25/2029 1,140.67 1,140.67 04/27/2026 Coupon 3137FLYV0 250,000.00 FHMS K-092 A2 3.298 04/25/2029 687.08 687.08 04/27/2026 Coupon 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 854.41 854.41 04/27/2026 Principal Paydown 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 388.15 388.15 04/27/2026 Coupon 3137FRUT6 500,000.00 FHMS K-106 A2 2.069 01/25/2030 862.08 862.08 04/27/2026 Coupon 3137FWG79 310,000.00 FHMS K-115 A2 1.383 06/25/2030 357.28 357.28 04/27/2026 Coupon 3137H5YC5 525,000.00 FHMS K-748 A2 2.26 01/25/2029 988.75 988.75 04/30/2026 Coupon 3133ERDH1 500,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.75 04/30/2029 11,875.00 11,875.00
04/30/2026 Coupon 91282CFU0 650,000.00 UNITED STATES TREASURY 4.125 10/31/2027 13,406.25 13,406.25 04/30/2026 Coupon 91282CMZ1 500,000.00 UNITED STATES TREASURY 3.875 04/30/2030 9,687.50 9,687.50 04/30/2026 Coupon 91282CPD7 500,000.00 UNITED STATES TREASURY 3.625 10/31/2030 9,062.50 9,062.50 April 2026 Total 62,415.06 108,994.26 171,409.32
MAY 2026
05/01/2026 Coupon 194162AT0 210,000.00 COLGATE-PALMOLIVE CO 4.2 05/01/2030 4,410.00 4,410.00 05/01/2026 Coupon 74456QBU9 300,000.00 PUBLIC SERVICE ELECTRIC AND GAS CO 3.7 05/01/2028 5,550.00 5,550.00
05/15/2026 Coupon 02582JKH2 110,000.00 AMXCA 2024-1 A 5.23 04/16/2029 479.42 479.42 05/15/2026 Coupon 05522RDJ4 135,000.00 BACCT 2024-1 A 4.93 05/15/2029 554.63 554.63 CONFIDENTIAL | 41
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/15/2026 Coupon 14913UAU4 150,000.00 CATERPILLAR FINANCIAL SERVICES CORP 4.7 11/15/2029 3,525.00 3,525.00
05/15/2026 Coupon 161571HT4 280,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,204.00 1,204.00 05/15/2026 Coupon 30303MAB8 450,000.00 META PLATFORMS INC 4.2 11/15/2030 10,080.00 10,080.00 05/15/2026 Coupon 437921AD1 125,000.00 HAROT 252 A3 4.15 10/15/2029 432.29 432.29 05/15/2026 Coupon 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 275.86 275.86 05/15/2026 Principal Paydown 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 4,307.57 4,307.57 05/15/2026 Coupon 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 801.08 801.08 05/15/2026 Principal Paydown 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 19,478.46 19,478.46 05/15/2026 Coupon 47786WAD2 65,000.00 JDOT 2024-B A3 5.2 03/15/2029 266.05 266.05 05/15/2026 Principal Paydown 47786WAD2 65,000.00 JDOT 2024-B A3 5.2 03/15/2029 4,152.88 4,152.88 05/15/2026 Coupon 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 639.97 639.97 05/15/2026 Principal Paydown 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 16,598.21 16,598.21 05/15/2026 Coupon 47800BAC2 17,658.07 JDOT 2022-C A3 5.09 06/15/2027 32.66 32.66 05/15/2026 Principal Paydown 47800BAC2 17,658.07 JDOT 2022-C A3 5.09 06/15/2027 3,152.96 3,152.96 05/15/2026 Coupon 47800DAD6 185,000.00 JDOT 2025 A3 4.23 09/17/2029 652.13 652.13 05/15/2026 Coupon 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 253.58 253.58 05/15/2026 Principal Paydown 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 6,325.78 6,325.78 05/15/2026 Coupon 58770YAD3 110,000.00 MBALT 2026-A A3 3.93 01/15/2030 360.25 360.25 05/15/2026 Coupon 89231HAD8 120,000.00 TAOT 2025-B A3 4.34 11/15/2029 434.00 434.00 05/15/2026 Coupon 89239TAD4 120,000.00 TAOT 2024-D A3 4.4 06/15/2029 440.00 440.00 05/15/2026 Coupon 92970QAE5 210,000.00 WFCIT 2024-2 A 4.29 10/15/2029 750.75 750.75 05/15/2026 Coupon 92970QAJ4 325,000.00 WFCIT 2025-1 A 4.34 05/15/2030 1,175.42 1,175.42 05/18/2026 Coupon 58933YBH7 300,000.00 MERCK & CO INC 4.05 05/17/2028 6,075.00 6,075.00 05/20/2026 Coupon 3133ERFJ5 450,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.5 05/20/2027 10,125.00 10,125.00
05/21/2026 Coupon 00287YBX6 400,000.00 ABBVIE INC 3.2 11/21/2029 6,400.00 6,400.00 05/25/2026 Coupon 05594HAD5 205,000.00 BMWLT 2025-2 A3 3.97 09/25/2028 678.21 678.21 05/25/2026 Coupon 096912AD2 100,000.00 BMWLT 2025-1 A3 4.43 06/26/2028 369.17 369.17 05/25/2026 Coupon 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 400.05 400.05 05/25/2026 Principal Paydown 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 6,084.53 6,084.53 05/25/2026 Coupon 3137F62M8 350,000.00 FHMS K-118 A2 1.493 09/25/2030 435.46 435.46 CONFIDENTIAL | 42
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/25/2026 Coupon 3137F83Q4 500,000.00 FHMS K-121 A2 1.547 10/25/2030 644.58 644.58 05/25/2026 Coupon 3137FAWS3 310,000.00 FHMS K-067 A2 3.194 07/25/2027 825.12 825.12 05/25/2026 Coupon 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 1,280.24 1,280.24 05/25/2026 Principal Paydown 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 900.28 900.28 05/25/2026 Coupon 3137FG6X8 510,000.00 FHMS K-077 A2 3.85 05/25/2028 1,636.25 1,636.25 05/25/2026 Coupon 3137FKSH0 500,000.00 FHMS K-086 A2 3.859 11/25/2028 1,607.92 1,607.92 05/25/2026 Coupon 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 1,215.54 1,215.54 05/25/2026 Principal Paydown 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 478.49 478.49 05/25/2026 Coupon 3137FLMV3 400,000.00 FHMS K-090 A2 3.422 02/25/2029 1,140.67 1,140.67 05/25/2026 Coupon 3137FLYV0 250,000.00 FHMS K-092 A2 3.298 04/25/2029 687.08 687.08 05/25/2026 Coupon 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 853.44 853.44 05/25/2026 Principal Paydown 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 420.71 420.71 05/25/2026 Coupon 3137FRUT6 500,000.00 FHMS K-106 A2 2.069 01/25/2030 862.08 862.08 05/25/2026 Coupon 3137FWG79 310,000.00 FHMS K-115 A2 1.383 06/25/2030 357.28 357.28 05/25/2026 Coupon 3137H5YC5 525,000.00 FHMS K-748 A2 2.26 01/25/2029 988.75 988.75 May 2026 Total 61,899.88 68,898.91 130,798.79
JUNE 2026
06/01/2026 Coupon 26444HAT8 500,000.00 DUKE ENERGY FLORIDA LLC 4.2 12/01/2030 10,791.67 10,791.67 06/01/2026 Coupon 91282CHE4 500,000.00 UNITED STATES TREASURY 3.625 05/31/2028 9,062.50 9,062.50 06/01/2026 Coupon 91282CKT7 500,000.00 UNITED STATES TREASURY 4.5 05/31/2029 11,250.00 11,250.00 06/01/2026 Coupon 91282CMA6 700,000.00 UNITED STATES TREASURY 4.125 11/30/2029 14,437.50 14,437.50 06/08/2026 Coupon 3130AXQK7 650,000.00 FEDERAL HOME LOAN BANKS 4.75 12/08/2028 15,437.50 15,437.50 06/15/2026 Coupon 02582JKH2 110,000.00 AMXCA 2024-1 A 5.23 04/16/2029 479.42 479.42 06/15/2026 Coupon 05522RDJ4 135,000.00 BACCT 2024-1 A 4.93 05/15/2029 554.63 554.63 06/15/2026 Coupon 161571HT4 280,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,204.00 1,204.00 06/15/2026 Coupon 341081GT8 300,000.00 FLORIDA POWER & LIGHT CO 5.15 06/15/2029 7,725.00 7,725.00 06/15/2026 Coupon 437921AD1 125,000.00 HAROT 252 A3 4.15 10/15/2029 432.29 432.29 06/15/2026 Coupon 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 257.95 257.95 06/15/2026 Principal Paydown 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 4,247.77 4,247.77 06/15/2026 Coupon 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 712.13 712.13 06/15/2026 Principal Paydown 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 19,198.59 19,198.59 06/15/2026 Coupon 47786WAD2 65,000.00 JDOT 2024-B A3 5.2 03/15/2029 248.05 248.05 CONFIDENTIAL | 43
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 06/15/2026 Principal Paydown 47786WAD2 65,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,640.64 2,640.64 06/15/2026 Coupon 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 564.17 564.17 06/15/2026 Principal Paydown 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 14,330.90 14,330.90 06/15/2026 Coupon 47800BAC2 17,658.07 JDOT 2022-C A3 5.09 06/15/2027 19.29 19.29 06/15/2026 Principal Paydown 47800BAC2 17,658.07 JDOT 2022-C A3 5.09 06/15/2027 2,558.16 2,558.16 06/15/2026 Coupon 47800DAD6 185,000.00 JDOT 2025 A3 4.23 09/17/2029 652.13 652.13 06/15/2026 Coupon 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 225.54 225.54 06/15/2026 Principal Paydown 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 7,477.36 7,477.36 06/15/2026 Coupon 58770YAD3 110,000.00 MBALT 2026-A A3 3.93 01/15/2030 360.25 360.25 06/15/2026 Coupon 89231HAD8 120,000.00 TAOT 2025-B A3 4.34 11/15/2029 434.00 434.00 06/15/2026 Coupon 89239TAD4 120,000.00 TAOT 2024-D A3 4.4 06/15/2029 440.00 440.00 06/15/2026 Principal Paydown 89239TAD4 120,000.00 TAOT 2024-D A3 4.4 06/15/2029 1,952.78 1,952.78 06/15/2026 Coupon 91282CKV2 650,000.00 UNITED STATES TREASURY 4.625 06/15/2027 15,031.25 15,031.25 06/15/2026 Coupon 92970QAE5 210,000.00 WFCIT 2024-2 A 4.29 10/15/2029 750.75 750.75 06/15/2026 Coupon 92970QAJ4 325,000.00 WFCIT 2025-1 A 4.34 05/15/2030 1,175.42 1,175.42 06/25/2026 Coupon 05594HAD5 205,000.00 BMWLT 2025-2 A3 3.97 09/25/2028 678.21 678.21 06/25/2026 Coupon 096912AD2 100,000.00 BMWLT 2025-1 A3 4.43 06/26/2028 369.17 369.17 06/25/2026 Coupon 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 373.79 373.79 06/25/2026 Principal Paydown 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 5,992.31 5,992.31 06/25/2026 Coupon 3137F62M8 350,000.00 FHMS K-118 A2 1.493 09/25/2030 435.46 435.46 06/25/2026 Coupon 3137F83Q4 500,000.00 FHMS K-121 A2 1.547 10/25/2030 644.58 644.58 06/25/2026 Coupon 3137FAWS3 310,000.00 FHMS K-067 A2 3.194 07/25/2027 825.12 825.12 06/25/2026 Coupon 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 1,277.85 1,277.85 06/25/2026 Principal Paydown 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 850.38 850.38 06/25/2026 Coupon 3137FG6X8 510,000.00 FHMS K-077 A2 3.85 05/25/2028 1,636.25 1,636.25 06/25/2026 Coupon 3137FKSH0 500,000.00 FHMS K-086 A2 3.859 11/25/2028 1,607.92 1,607.92 06/25/2026 Coupon 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 1,214.03 1,214.03 06/25/2026 Principal Paydown 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 441.22 441.22 06/25/2026 Coupon 3137FLMV3 400,000.00 FHMS K-090 A2 3.422 02/25/2029 1,140.67 1,140.67 06/25/2026 Coupon 3137FLYV0 250,000.00 FHMS K-092 A2 3.298 04/25/2029 687.08 687.08 06/25/2026 Coupon 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 852.40 852.40 06/25/2026 Principal Paydown 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 390.03 390.03 CONFIDENTIAL | 44
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 06/25/2026 Coupon 3137FRUT6 500,000.00 FHMS K-106 A2 2.069 01/25/2030 862.08 862.08 06/25/2026 Coupon 3137FWG79 310,000.00 FHMS K-115 A2 1.383 06/25/2030 357.28 357.28 06/25/2026 Coupon 3137H5YC5 525,000.00 FHMS K-748 A2 2.26 01/25/2029 988.75 988.75 06/25/2026 Coupon 437076DC3 500,000.00 HOME DEPOT INC 4.75 06/25/2029 11,875.00 11,875.00 06/30/2026 Coupon 91282CGC9 350,000.00 UNITED STATES TREASURY 3.875 12/31/2027 6,781.25 6,781.25 06/30/2026 Coupon 91282CHK0 500,000.00 UNITED STATES TREASURY 4.0 06/30/2028 10,000.00 10,000.00 06/30/2026 Coupon 91282CJR3 400,000.00 UNITED STATES TREASURY 3.75 12/31/2028 7,500.00 7,500.00 06/30/2026 Coupon 91282CKX8 650,000.00 UNITED STATES TREASURY 4.25 06/30/2029 13,812.50 13,812.50 06/30/2026 Coupon 91282CNK3 600,000.00 UNITED STATES TREASURY 3.875 06/30/2030 11,625.00 11,625.00 June 2026 Total 60,080.15 167,789.79 227,869.94
JULY 2026
07/01/2026 Coupon 74464AAC5 500,000.00 PUBLIC STORAGE OPERATING CO 4.375 07/01/2030 10,937.50 10,937.50
07/09/2026 Coupon 89236TNA9 330,000.00 TOYOTA MOTOR CREDIT CORP 4.95 01/09/2030 8,167.50 8,167.50 07/13/2026 Coupon 459058KT9 225,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.5 07/12/2028 3,937.50 3,937.50
07/13/2026 Coupon 45950KDD9 230,000.00 INTERNATIONAL FINANCE CORP 4.5 07/13/2028 5,175.00 5,175.00
07/15/2026 Coupon 02582JKH2 110,000.00 AMXCA 2024-1 A 5.23 04/16/2029 479.42 479.42 07/15/2026 Coupon 05522RDJ4 135,000.00 BACCT 2024-1 A 4.93 05/15/2029 554.63 554.63 07/15/2026 Coupon 161571HT4 280,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,204.00 1,204.00 07/15/2026 Coupon 437921AD1 125,000.00 HAROT 252 A3 4.15 10/15/2029 432.29 432.29 07/15/2026 Coupon 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 240.29 240.29 07/15/2026 Principal Paydown 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 4,165.12 4,165.12 07/15/2026 Coupon 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 624.46 624.46 07/15/2026 Principal Paydown 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 18,827.90 18,827.90 07/15/2026 Coupon 47786WAD2 65,000.00 JDOT 2024-B A3 5.2 03/15/2029 236.61 236.61 07/15/2026 Principal Paydown 47786WAD2 65,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,936.78 2,936.78 07/15/2026 Coupon 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 498.72 498.72 07/15/2026 Principal Paydown 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 15,117.78 15,117.78 07/15/2026 Coupon 47800BAC2 17,658.07 JDOT 2022-C A3 5.09 06/15/2027 8.43 8.43 07/15/2026 Effective Maturity 47800BAC2 17,658.07 JDOT 2022-C A3 5.09 06/15/2027 1,988.57 1,988.57 CONFIDENTIAL | 45
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/15/2026 Coupon 47800DAD6 185,000.00 JDOT 2025 A3 4.23 09/17/2029 652.13 652.13 07/15/2026 Coupon 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 192.39 192.39 07/15/2026 Principal Paydown 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 6,854.67 6,854.67 07/15/2026 Coupon 58770YAD3 110,000.00 MBALT 2026-A A3 3.93 01/15/2030 360.25 360.25 07/15/2026 Coupon 74340XCQ2 450,000.00 PROLOGIS LP 4.75 01/15/2031 10,687.50 10,687.50 07/15/2026 Coupon 89231HAD8 120,000.00 TAOT 2025-B A3 4.34 11/15/2029 434.00 434.00 07/15/2026 Coupon 89239TAD4 120,000.00 TAOT 2024-D A3 4.4 06/15/2029 432.84 432.84 07/15/2026 Principal Paydown 89239TAD4 120,000.00 TAOT 2024-D A3 4.4 06/15/2029 6,548.80 6,548.80 07/15/2026 Coupon 91282CKZ3 650,000.00 UNITED STATES TREASURY 4.375 07/15/2027 14,218.75 14,218.75 07/15/2026 Coupon 92970QAE5 210,000.00 WFCIT 2024-2 A 4.29 10/15/2029 750.75 750.75 07/15/2026 Coupon 92970QAJ4 325,000.00 WFCIT 2025-1 A 4.34 05/15/2030 1,175.42 1,175.42 07/17/2026 Coupon 713448FX1 400,000.00 PEPSICO INC 4.5 07/17/2029 9,000.00 9,000.00 07/20/2026 Coupon 025816EJ4 325,000.00 AMERICAN EXPRESS CO 4.351 07/20/2029 7,070.38 7,070.38 07/23/2026 Coupon 06051GHV4 250,000.00 BANK OF AMERICA CORP 3.194 07/23/2030 3,992.50 3,992.50 07/23/2026 Coupon 3133ERMB4 650,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.25 07/23/2027 13,812.50 13,812.50
07/23/2026 Coupon 46647PEB8 300,000.00 JPMORGAN CHASE & CO 5.012 01/23/2030 7,518.00 7,518.00 07/24/2026 Coupon 06051GMK2 380,000.00 BANK OF AMERICA CORP 4.979 01/24/2029 9,460.10 9,460.10 07/27/2026 Coupon 05594HAD5 205,000.00 BMWLT 2025-2 A3 3.97 09/25/2028 678.21 678.21 07/27/2026 Coupon 09290DAH4 475,000.00 BLACKROCK INC 4.6 07/26/2027 10,925.00 10,925.00 07/27/2026 Coupon 096912AD2 100,000.00 BMWLT 2025-1 A3 4.43 06/26/2028 369.17 369.17 07/27/2026 Coupon 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 347.92 347.92 07/27/2026 Principal Paydown 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 5,863.05 5,863.05 07/27/2026 Coupon 3137F62M8 350,000.00 FHMS K-118 A2 1.493 09/25/2030 435.46 435.46 07/27/2026 Coupon 3137F83Q4 500,000.00 FHMS K-121 A2 1.547 10/25/2030 644.58 644.58 07/27/2026 Coupon 3137FAWS3 310,000.00 FHMS K-067 A2 3.194 07/25/2027 825.12 825.12 07/27/2026 Coupon 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 1,275.59 1,275.59 07/27/2026 Principal Paydown 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 905.82 905.82 07/27/2026 Coupon 3137FG6X8 510,000.00 FHMS K-077 A2 3.85 05/25/2028 1,636.25 1,636.25 07/27/2026 Coupon 3137FKSH0 500,000.00 FHMS K-086 A2 3.859 11/25/2028 1,607.92 1,607.92 07/27/2026 Coupon 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 1,212.65 1,212.65 07/27/2026 Principal Paydown 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 481.90 481.90 CONFIDENTIAL | 46
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/27/2026 Coupon 3137FLMV3 400,000.00 FHMS K-090 A2 3.422 02/25/2029 1,140.67 1,140.67 07/27/2026 Coupon 3137FLYV0 250,000.00 FHMS K-092 A2 3.298 04/25/2029 687.08 687.08 07/27/2026 Coupon 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 851.43 851.43 07/27/2026 Principal Paydown 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 422.39 422.39 07/27/2026 Coupon 3137FRUT6 500,000.00 FHMS K-106 A2 2.069 01/25/2030 862.08 862.08 07/27/2026 Coupon 3137FWG79 310,000.00 FHMS K-115 A2 1.383 06/25/2030 357.28 357.28 07/27/2026 Coupon 3137H5YC5 525,000.00 FHMS K-748 A2 2.26 01/25/2029 988.75 988.75 07/31/2026 Coupon 69371RS80 365,000.00 PACCAR FINANCIAL CORP 4.6 01/31/2029 8,395.00 8,395.00 07/31/2026 Coupon 91282CGH8 500,000.00 UNITED STATES TREASURY 3.5 01/31/2028 8,750.00 8,750.00 07/31/2026 Coupon 91282CHQ7 350,000.00 UNITED STATES TREASURY 4.125 07/31/2028 7,218.75 7,218.75 07/31/2026 Coupon 91282CJW2 650,000.00 UNITED STATES TREASURY 4.0 01/31/2029 13,000.00 13,000.00 07/31/2026 Coupon 91282CLC3 500,000.00 UNITED STATES TREASURY 4.0 07/31/2029 10,000.00 10,000.00 07/31/2026 Coupon 91282CMG3 500,000.00 UNITED STATES TREASURY 4.25 01/31/2030 10,625.00 10,625.00 07/31/2026 Coupon 91282CNN7 500,000.00 UNITED STATES TREASURY 3.875 07/31/2030 9,687.50 9,687.50 July 2026 Total 64,112.79 204,775.24 268,888.03
AUGUST 2026
08/03/2026 Coupon 13063EGT7 395,000.00 CALIFORNIA STATE 4.5 08/01/2029 8,887.50 8,887.50 08/03/2026 Coupon 756109CW2 470,000.00 REALTY INCOME CORP 3.95 02/01/2029 9,282.50 9,282.50 08/10/2026 Coupon 89236TMK8 450,000.00 TOYOTA MOTOR CREDIT CORP 4.55 08/09/2029 10,237.50 10,237.50 08/12/2026 Coupon 14913R3A3 250,000.00 CATERPILLAR FINANCIAL SERVICES CORP 3.6 08/12/2027 4,500.00 4,500.00
08/12/2026 Coupon 532457CV8 500,000.00 ELI LILLY AND CO 4.75 02/12/2030 11,875.00 11,875.00 08/12/2026 Coupon 92826CAZ5 265,000.00 VISA INC 4.1 02/12/2031 5,432.50 5,432.50 08/17/2026 Coupon 02582JKH2 110,000.00 AMXCA 2024-1 A 5.23 04/16/2029 479.42 479.42 08/17/2026 Coupon 05522RDJ4 135,000.00 BACCT 2024-1 A 4.93 05/15/2029 554.63 554.63 08/17/2026 Coupon 161571HT4 280,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,204.00 1,204.00 08/17/2026 Coupon 171239AL0 450,000.00 CHUBB INA HOLDINGS LLC 4.65 08/15/2029 10,462.50 10,462.50 08/17/2026 Coupon 437921AD1 125,000.00 HAROT 252 A3 4.15 10/15/2029 432.29 432.29 08/17/2026 Coupon 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 222.97 222.97 08/17/2026 Principal Paydown 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 4,056.78 4,056.78 08/17/2026 Coupon 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 538.48 538.48 08/17/2026 Principal Paydown 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 18,359.86 18,359.86 CONFIDENTIAL | 47
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 08/17/2026 Coupon 4581X0EN4 400,000.00 INTER-AMERICAN DEVELOPMENT BANK 4.125 02/15/2029 8,250.00 8,250.00
08/17/2026 Coupon 47786WAD2 65,000.00 JDOT 2024-B A3 5.2 03/15/2029 223.88 223.88 08/17/2026 Principal Paydown 47786WAD2 65,000.00 JDOT 2024-B A3 5.2 03/15/2029 3,037.22 3,037.22 08/17/2026 Coupon 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 429.69 429.69 08/17/2026 Principal Paydown 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 10,814.01 10,814.01 08/17/2026 Coupon 47800DAD6 185,000.00 JDOT 2025 A3 4.23 09/17/2029 652.13 652.13 08/17/2026 Coupon 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 162.00 162.00 08/17/2026 Principal Paydown 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 6,877.70 6,877.70 08/17/2026 Coupon 58770YAD3 110,000.00 MBALT 2026-A A3 3.93 01/15/2030 360.25 360.25 08/17/2026 Coupon 89231HAD8 120,000.00 TAOT 2025-B A3 4.34 11/15/2029 434.00 434.00 08/17/2026 Coupon 89239TAD4 120,000.00 TAOT 2024-D A3 4.4 06/15/2029 408.83 408.83 08/17/2026 Principal Paydown 89239TAD4 120,000.00 TAOT 2024-D A3 4.4 06/15/2029 6,376.25 6,376.25 08/17/2026 Coupon 92970QAE5 210,000.00 WFCIT 2024-2 A 4.29 10/15/2029 750.75 750.75 08/17/2026 Coupon 92970QAJ4 325,000.00 WFCIT 2025-1 A 4.34 05/15/2030 1,175.42 1,175.42 08/24/2026 Coupon 023135BC9 250,000.00 AMAZON.COM INC 3.15 08/22/2027 3,937.50 3,937.50 08/25/2026 Coupon 05594HAD5 205,000.00 BMWLT 2025-2 A3 3.97 09/25/2028 678.21 678.21 08/25/2026 Coupon 096912AD2 100,000.00 BMWLT 2025-1 A3 4.43 06/26/2028 369.17 369.17 08/25/2026 Coupon 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 322.61 322.61 08/25/2026 Principal Paydown 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 5,443.89 5,443.89 08/25/2026 Coupon 3137F62M8 350,000.00 FHMS K-118 A2 1.493 09/25/2030 435.46 435.46 08/25/2026 Coupon 3137F83Q4 500,000.00 FHMS K-121 A2 1.547 10/25/2030 644.58 644.58 08/25/2026 Coupon 3137FAWS3 310,000.00 FHMS K-067 A2 3.194 07/25/2027 825.12 825.12 08/25/2026 Coupon 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 1,273.19 1,273.19 08/25/2026 Principal Paydown 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 856.15 856.15 08/25/2026 Coupon 3137FG6X8 510,000.00 FHMS K-077 A2 3.85 05/25/2028 1,636.25 1,636.25 08/25/2026 Coupon 3137FKSH0 500,000.00 FHMS K-086 A2 3.859 11/25/2028 1,607.92 1,607.92 08/25/2026 Coupon 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 1,211.13 1,211.13 08/25/2026 Principal Paydown 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 444.77 444.77 08/25/2026 Coupon 3137FLMV3 400,000.00 FHMS K-090 A2 3.422 02/25/2029 1,140.67 1,140.67 08/25/2026 Coupon 3137FLYV0 250,000.00 FHMS K-092 A2 3.298 04/25/2029 687.08 687.08 08/25/2026 Coupon 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 850.38 850.38 CONFIDENTIAL | 48
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 08/25/2026 Principal Paydown 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 391.90 391.90 08/25/2026 Coupon 3137FRUT6 500,000.00 FHMS K-106 A2 2.069 01/25/2030 862.08 862.08 08/25/2026 Coupon 3137FWG79 310,000.00 FHMS K-115 A2 1.383 06/25/2030 357.28 357.28 08/25/2026 Coupon 3137H5YC5 525,000.00 FHMS K-748 A2 2.26 01/25/2029 988.75 988.75 08/25/2026 Coupon 63743HFZ0 400,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 4.15 08/25/2028 8,300.00 8,300.00
08/26/2026 Coupon 17275RBR2 140,000.00 CISCO SYSTEMS INC 4.85 02/26/2029 3,395.00 3,395.00 08/31/2026 Coupon 91282CFH9 650,000.00 UNITED STATES TREASURY 3.125 08/31/2027 10,156.25 10,156.25 08/31/2026 Coupon 91282CGP0 500,000.00 UNITED STATES TREASURY 4.0 02/29/2028 10,000.00 10,000.00 08/31/2026 Coupon 91282CLK5 500,000.00 UNITED STATES TREASURY 3.625 08/31/2029 9,062.50 9,062.50 August 2026 Total 56,658.54 135,697.33 192,355.87
SEPTEMBER 2026
09/08/2026 Coupon 02665WFY2 325,000.00 AMERICAN HONDA FINANCE CORP 4.8 03/05/2030 7,800.00 7,800.00
09/08/2026 Coupon 3130AWTR1 300,000.00 FEDERAL HOME LOAN BANKS 4.375 09/08/2028 6,562.50 6,562.50
09/10/2026 Coupon 3130ATS57 500,000.00 FEDERAL HOME LOAN BANKS 4.5 03/10/2028 11,250.00 11,250.00 09/15/2026 Coupon 02582JKH2 110,000.00 AMXCA 2024-1 A 5.23 04/16/2029 479.42 479.42 09/15/2026 Coupon 05522RDJ4 135,000.00 BACCT 2024-1 A 4.93 05/15/2029 554.63 554.63 09/15/2026 Coupon 161571HT4 280,000.00 CHAIT 2023-1 A 5.16 09/15/2028 1,204.00 1,204.00 09/15/2026 Effective Maturity 161571HT4 280,000.00 CHAIT 2023-1 A 5.16 09/15/2028 280,000.00 280,000.00 09/15/2026 Coupon 437921AD1 125,000.00 HAROT 252 A3 4.15 10/15/2029 432.29 432.29 09/15/2026 Coupon 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 206.10 206.10 09/15/2026 Principal Paydown 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 3,806.17 3,806.17 09/15/2026 Coupon 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 454.64 454.64 09/15/2026 Principal Paydown 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 18,040.36 18,040.36 09/15/2026 Coupon 47786WAD2 65,000.00 JDOT 2024-B A3 5.2 03/15/2029 210.72 210.72 09/15/2026 Principal Paydown 47786WAD2 65,000.00 JDOT 2024-B A3 5.2 03/15/2029 3,307.33 3,307.33 09/15/2026 Coupon 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 380.30 380.30 09/15/2026 Principal Paydown 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 7,960.75 7,960.75 09/15/2026 Coupon 47800DAD6 185,000.00 JDOT 2025 A3 4.23 09/17/2029 652.13 652.13 09/15/2026 Coupon 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 131.51 131.51 CONFIDENTIAL | 49
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/15/2026 Principal Paydown 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 7,372.07 7,372.07 09/15/2026 Coupon 58770YAD3 110,000.00 MBALT 2026-A A3 3.93 01/15/2030 360.25 360.25 09/15/2026 Coupon 89231HAD8 120,000.00 TAOT 2025-B A3 4.34 11/15/2029 434.00 434.00 09/15/2026 Coupon 89239TAD4 120,000.00 TAOT 2024-D A3 4.4 06/15/2029 385.45 385.45 09/15/2026 Principal Paydown 89239TAD4 120,000.00 TAOT 2024-D A3 4.4 06/15/2029 6,267.60 6,267.60 09/15/2026 Coupon 92970QAE5 210,000.00 WFCIT 2024-2 A 4.29 10/15/2029 750.75 750.75 09/15/2026 Coupon 92970QAJ4 325,000.00 WFCIT 2025-1 A 4.34 05/15/2030 1,175.42 1,175.42 09/21/2026 Coupon 459058LR2 235,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 4.125 03/20/2030 4,846.88 4,846.88
09/22/2026 Coupon 3133EPWK7 500,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.5 09/22/2028 11,250.00 11,250.00
09/24/2026 Coupon 3135G0Q22 350,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

1.875 09/24/2026 3,281.25 3,281.25
09/24/2026 Final Maturity 3135G0Q22 350,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

1.875 09/24/2026 350,000.00 350,000.00
09/25/2026 Coupon 05594HAD5 205,000.00 BMWLT 2025-2 A3 3.97 09/25/2028 678.21 678.21 09/25/2026 Coupon 096912AD2 100,000.00 BMWLT 2025-1 A3 4.43 06/26/2028 369.17 369.17 09/25/2026 Coupon 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 299.11 299.11 09/25/2026 Principal Paydown 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 5,272.90 5,272.90 09/25/2026 Coupon 3137F62M8 350,000.00 FHMS K-118 A2 1.493 09/25/2030 435.46 435.46 09/25/2026 Coupon 3137F83Q4 500,000.00 FHMS K-121 A2 1.547 10/25/2030 644.58 644.58 09/25/2026 Coupon 3137FAWS3 310,000.00 FHMS K-067 A2 3.194 07/25/2027 825.12 825.12 09/25/2026 Coupon 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 1,270.91 1,270.91 09/25/2026 Principal Paydown 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 858.96 858.96 09/25/2026 Coupon 3137FG6X8 510,000.00 FHMS K-077 A2 3.85 05/25/2028 1,636.25 1,636.25 09/25/2026 Coupon 3137FKSH0 500,000.00 FHMS K-086 A2 3.859 11/25/2028 1,607.92 1,607.92 09/25/2026 Coupon 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 1,209.73 1,209.73 09/25/2026 Principal Paydown 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 446.48 446.48 09/25/2026 Coupon 3137FLMV3 400,000.00 FHMS K-090 A2 3.422 02/25/2029 1,140.67 1,140.67 09/25/2026 Coupon 3137FLYV0 250,000.00 FHMS K-092 A2 3.298 04/25/2029 687.08 687.08 09/25/2026 Coupon 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 849.41 849.41 09/25/2026 Principal Paydown 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 392.78 392.78 CONFIDENTIAL | 50
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/25/2026 Coupon 3137FRUT6 500,000.00 FHMS K-106 A2 2.069 01/25/2030 862.08 862.08 09/25/2026 Coupon 3137FWG79 310,000.00 FHMS K-115 A2 1.383 06/25/2030 357.28 357.28 09/25/2026 Coupon 3137H5YC5 525,000.00 FHMS K-748 A2 2.26 01/25/2029 988.75 988.75 09/30/2026 Coupon 91282CEF4 650,000.00 UNITED STATES TREASURY 2.5 03/31/2027 8,125.00 8,125.00 09/30/2026 Coupon 91282CFL0 350,000.00 UNITED STATES TREASURY 3.875 09/30/2029 6,781.25 6,781.25 09/30/2026 Coupon 91282CGT2 350,000.00 UNITED STATES TREASURY 3.625 03/31/2028 6,343.75 6,343.75 09/30/2026 Coupon 91282CJA0 350,000.00 UNITED STATES TREASURY 4.625 09/30/2028 8,093.75 8,093.75 09/30/2026 Coupon 91282CKG5 650,000.00 UNITED STATES TREASURY 4.125 03/31/2029 13,406.25 13,406.25 09/30/2026 Coupon 91282CMU2 500,000.00 UNITED STATES TREASURY 4.0 03/31/2030 10,000.00 10,000.00 September 2026
Total 683,725.42 119,413.93 803,139.35
OCTOBER 2026
10/13/2026 Coupon 3133ERAK7 400,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.375 04/10/2029 8,750.00 8,750.00
10/15/2026 Coupon 02582JKH2 110,000.00 AMXCA 2024-1 A 5.23 04/16/2029 479.42 479.42 10/15/2026 Coupon 05522RDJ4 135,000.00 BACCT 2024-1 A 4.93 05/15/2029 554.63 554.63 10/15/2026 Coupon 24422EYF0 500,000.00 JOHN DEERE CAPITAL CORP 4.375 10/15/2030 10,937.50 10,937.50 10/15/2026 Coupon 437921AD1 125,000.00 HAROT 252 A3 4.15 10/15/2029 432.29 432.29 10/15/2026 Coupon 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 190.27 190.27 10/15/2026 Principal Paydown 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 3,638.99 3,638.99 10/15/2026 Coupon 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 372.25 372.25 10/15/2026 Principal Paydown 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 17,448.42 17,448.42 10/15/2026 Coupon 47786WAD2 65,000.00 JDOT 2024-B A3 5.2 03/15/2029 196.39 196.39 10/15/2026 Principal Paydown 47786WAD2 65,000.00 JDOT 2024-B A3 5.2 03/15/2029 3,137.71 3,137.71 10/15/2026 Coupon 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 343.95 343.95 10/15/2026 Principal Paydown 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 9,568.28 9,568.28 10/15/2026 Coupon 47800DAD6 185,000.00 JDOT 2025 A3 4.23 09/17/2029 652.13 652.13 10/15/2026 Coupon 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 98.83 98.83 10/15/2026 Principal Paydown 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 7,695.34 7,695.34 10/15/2026 Coupon 58770YAD3 110,000.00 MBALT 2026-A A3 3.93 01/15/2030 360.25 360.25 10/15/2026 Coupon 89231HAD8 120,000.00 TAOT 2025-B A3 4.34 11/15/2029 434.00 434.00 10/15/2026 Coupon 89239TAD4 120,000.00 TAOT 2024-D A3 4.4 06/15/2029 362.47 362.47 CONFIDENTIAL | 51
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/15/2026 Principal Paydown 89239TAD4 120,000.00 TAOT 2024-D A3 4.4 06/15/2029 6,034.70 6,034.70 10/15/2026 Coupon 91282CJC6 500,000.00 UNITED STATES TREASURY 4.625 10/15/2026 11,562.50 11,562.50 10/15/2026 Final Maturity 91282CJC6 500,000.00 UNITED STATES TREASURY 4.625 10/15/2026 500,000.00 500,000.00 10/15/2026 Coupon 92970QAE5 210,000.00 WFCIT 2024-2 A 4.29 10/15/2029 750.75 750.75 10/15/2026 Coupon 92970QAJ4 325,000.00 WFCIT 2025-1 A 4.34 05/15/2030 1,175.42 1,175.42 10/19/2026 Coupon 61748UAK8 290,000.00 MORGAN STANLEY 4.133 10/18/2029 5,992.85 5,992.85 10/26/2026 Coupon 05594HAD5 205,000.00 BMWLT 2025-2 A3 3.97 09/25/2028 678.21 678.21 10/26/2026 Coupon 096912AD2 100,000.00 BMWLT 2025-1 A3 4.43 06/26/2028 369.17 369.17 10/26/2026 Coupon 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 276.35 276.35 10/26/2026 Principal Paydown 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 4,826.12 4,826.12 10/26/2026 Coupon 3133EPGW9 250,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

3.875 04/25/2028 4,843.75 4,843.75
10/26/2026 Coupon 3137F62M8 350,000.00 FHMS K-118 A2 1.493 09/25/2030 435.46 435.46 10/26/2026 Coupon 3137F83Q4 500,000.00 FHMS K-121 A2 1.547 10/25/2030 644.58 644.58 10/26/2026 Coupon 3137FAWS3 310,000.00 FHMS K-067 A2 3.194 07/25/2027 825.12 825.12 10/26/2026 Coupon 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 1,268.63 1,268.63 10/26/2026 Principal Paydown 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 914.12 914.12 10/26/2026 Coupon 3137FG6X8 510,000.00 FHMS K-077 A2 3.85 05/25/2028 1,636.25 1,636.25 10/26/2026 Coupon 3137FKSH0 500,000.00 FHMS K-086 A2 3.859 11/25/2028 1,607.92 1,607.92 10/26/2026 Coupon 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 1,208.33 1,208.33 10/26/2026 Principal Paydown 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 486.98 486.98 10/26/2026 Coupon 3137FLMV3 400,000.00 FHMS K-090 A2 3.422 02/25/2029 1,140.67 1,140.67 10/26/2026 Coupon 3137FLYV0 250,000.00 FHMS K-092 A2 3.298 04/25/2029 687.08 687.08 10/26/2026 Coupon 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 848.43 848.43 10/26/2026 Principal Paydown 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 424.85 424.85 10/26/2026 Coupon 3137FRUT6 500,000.00 FHMS K-106 A2 2.069 01/25/2030 862.08 862.08 10/26/2026 Coupon 3137FWG79 310,000.00 FHMS K-115 A2 1.383 06/25/2030 357.28 357.28 10/26/2026 Coupon 3137H5YC5 525,000.00 FHMS K-748 A2 2.26 01/25/2029 988.75 988.75 10/30/2026 Coupon 3133ERDH1 500,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/02/2026 Coupon 194162AT0 210,000.00 COLGATE-PALMOLIVE CO 4.2 05/01/2030 4,410.00 4,410.00 11/02/2026 Coupon 74456QBU9 300,000.00 PUBLIC SERVICE ELECTRIC AND GAS CO 3.7 05/01/2028 5,550.00 5,550.00
11/02/2026 Coupon 91282CFU0 650,000.00 UNITED STATES TREASURY 4.125 10/31/2027 13,406.25 13,406.25 11/02/2026 Coupon 91282CMZ1 500,000.00 UNITED STATES TREASURY 3.875 04/30/2030 9,687.50 9,687.50 11/02/2026 Coupon 91282CPD7 500,000.00 UNITED STATES TREASURY 3.625 10/31/2030 9,062.50 9,062.50 11/16/2026 Coupon 02582JKH2 110,000.00 AMXCA 2024-1 A 5.23 04/16/2029 479.42 479.42 11/16/2026 Coupon 05522RDJ4 135,000.00 BACCT 2024-1 A 4.93 05/15/2029 554.63 554.63 11/16/2026 Coupon 14913UAU4 150,000.00 CATERPILLAR FINANCIAL SERVICES CORP 4.7 11/15/2029 3,525.00 3,525.00
11/16/2026 Coupon 30303MAB8 450,000.00 META PLATFORMS INC 4.2 11/15/2030 9,450.00 9,450.00 11/16/2026 Coupon 437921AD1 125,000.00 HAROT 252 A3 4.15 10/15/2029 432.29 432.29 11/16/2026 Coupon 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 175.14 175.14 11/16/2026 Principal Paydown 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 3,568.80 3,568.80 11/16/2026 Coupon 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 292.57 292.57 11/16/2026 Principal Paydown 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 17,121.99 17,121.99 11/16/2026 Coupon 47786WAD2 65,000.00 JDOT 2024-B A3 5.2 03/15/2029 182.79 182.79 11/16/2026 Principal Paydown 47786WAD2 65,000.00 JDOT 2024-B A3 5.2 03/15/2029 3,719.06 3,719.06 11/16/2026 Coupon 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 300.25 300.25 11/16/2026 Principal Paydown 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 10,412.33 10,412.33 11/16/2026 Coupon 47800DAD6 185,000.00 JDOT 2025 A3 4.23 09/17/2029 652.13 652.13 11/16/2026 Coupon 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 64.71 64.71 11/16/2026 Principal Paydown 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 5,944.67 5,944.67 11/16/2026 Coupon 58770YAD3 110,000.00 MBALT 2026-A A3 3.93 01/15/2030 360.25 360.25 11/16/2026 Coupon 89231HAD8 120,000.00 TAOT 2025-B A3 4.34 11/15/2029 434.00 434.00 11/16/2026 Coupon 89239TAD4 120,000.00 TAOT 2024-D A3 4.4 06/15/2029 340.34 340.34 11/16/2026 Principal Paydown 89239TAD4 120,000.00 TAOT 2024-D A3 4.4 06/15/2029 5,918.35 5,918.35 11/16/2026 Coupon 92970QAE5 210,000.00 WFCIT 2024-2 A 4.29 10/15/2029 750.75 750.75 11/16/2026 Coupon 92970QAJ4 325,000.00 WFCIT 2025-1 A 4.34 05/15/2030 1,175.42 1,175.42 11/17/2026 Coupon 58933YBH7 300,000.00 MERCK & CO INC 4.05 05/17/2028 6,075.00 6,075.00 11/20/2026 Coupon 3133ERFJ5 450,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/23/2026 Coupon 00287YBX6 400,000.00 ABBVIE INC 3.2 11/21/2029 6,400.00 6,400.00 11/25/2026 Coupon 05594HAD5 205,000.00 BMWLT 2025-2 A3 3.97 09/25/2028 678.21 678.21 11/25/2026 Coupon 096912AD2 100,000.00 BMWLT 2025-1 A3 4.43 06/26/2028 369.17 369.17 11/25/2026 Principal Paydown 096912AD2 100,000.00 BMWLT 2025-1 A3 4.43 06/26/2028 8,970.93 8,970.93 11/25/2026 Coupon 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 255.52 255.52 11/25/2026 Principal Paydown 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 4,733.17 4,733.17 11/25/2026 Coupon 3137F62M8 350,000.00 FHMS K-118 A2 1.493 09/25/2030 435.46 435.46 11/25/2026 Coupon 3137F83Q4 500,000.00 FHMS K-121 A2 1.547 10/25/2030 644.58 644.58 11/25/2026 Coupon 3137FAWS3 310,000.00 FHMS K-067 A2 3.194 07/25/2027 825.12 825.12 11/25/2026 Coupon 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 1,266.20 1,266.20 11/25/2026 Principal Paydown 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 864.78 864.78 11/25/2026 Coupon 3137FG6X8 510,000.00 FHMS K-077 A2 3.85 05/25/2028 1,636.25 1,636.25 11/25/2026 Coupon 3137FKSH0 500,000.00 FHMS K-086 A2 3.859 11/25/2028 1,607.92 1,607.92 11/25/2026 Coupon 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 1,206.80 1,206.80 11/25/2026 Principal Paydown 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 450.07 450.07 11/25/2026 Coupon 3137FLMV3 400,000.00 FHMS K-090 A2 3.422 02/25/2029 1,140.67 1,140.67 11/25/2026 Coupon 3137FLYV0 250,000.00 FHMS K-092 A2 3.298 04/25/2029 687.08 687.08 11/25/2026 Coupon 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 847.37 847.37 11/25/2026 Principal Paydown 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 394.65 394.65 11/25/2026 Coupon 3137FRUT6 500,000.00 FHMS K-106 A2 2.069 01/25/2030 862.08 862.08 11/25/2026 Coupon 3137FWG79 310,000.00 FHMS K-115 A2 1.383 06/25/2030 357.28 357.28 11/25/2026 Coupon 3137H5YC5 525,000.00 FHMS K-748 A2 2.26 01/25/2029 988.75 988.75 11/30/2026 Coupon 91282CHE4 500,000.00 UNITED STATES TREASURY 3.625 05/31/2028 9,062.50 9,062.50 11/30/2026 Coupon 91282CKT7 500,000.00 UNITED STATES TREASURY 4.5 05/31/2029 11,250.00 11,250.00 11/30/2026 Coupon 91282CMA6 700,000.00 UNITED STATES TREASURY 4.125 11/30/2029 14,437.50 14,437.50 November 2026
Total 62,098.81 132,444.38 194,543.19
DECEMBER 2026
12/01/2026 Coupon 26444HAT8 500,000.00 DUKE ENERGY FLORIDA LLC 4.2 12/01/2030 10,500.00 10,500.00 12/08/2026 Coupon 3130AXQK7 650,000.00 FEDERAL HOME LOAN BANKS 4.75 12/08/2028 15,437.50 15,437.50 12/15/2026 Coupon 02582JKH2 110,000.00 AMXCA 2024-1 A 5.23 04/16/2029 479.42 479.42 12/15/2026 Coupon 05522RDJ4 135,000.00 BACCT 2024-1 A 4.93 05/15/2029 554.63 554.63 CONFIDENTIAL | 54
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/15/2026 Coupon 341081GT8 300,000.00 FLORIDA POWER & LIGHT CO 5.15 06/15/2029 7,725.00 7,725.00 12/15/2026 Coupon 437921AD1 125,000.00 HAROT 252 A3 4.15 10/15/2029 432.29 432.29 12/15/2026 Coupon 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 160.30 160.30 12/15/2026 Principal Paydown 448973AD9 79,487.94 HART 2024-A A3 4.99 02/15/2029 3,396.49 3,396.49 12/15/2026 Coupon 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 214.38 214.38 12/15/2026 Principal Paydown 44933XAD9 237,680.99 HART 2023-B A3 5.48 04/17/2028 16,424.08 16,424.08 12/15/2026 Coupon 47786WAD2 65,000.00 JDOT 2024-B A3 5.2 03/15/2029 166.68 166.68 12/15/2026 Principal Paydown 47786WAD2 65,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,459.20 2,459.20 12/15/2026 Coupon 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 252.70 252.70 12/15/2026 Principal Paydown 47787CAC7 183,732.40 JDOT 2023-C A3 5.48 05/15/2028 7,153.39 7,153.39 12/15/2026 Coupon 47800DAD6 185,000.00 JDOT 2025 A3 4.23 09/17/2029 652.13 652.13 12/15/2026 Coupon 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 38.36 38.36 12/15/2026 Principal Paydown 58770JAD6 70,000.00 MBALT 2024-A A3 5.32 01/18/2028 6,407.15 6,407.15 12/15/2026 Coupon 58770YAD3 110,000.00 MBALT 2026-A A3 3.93 01/15/2030 360.25 360.25 12/15/2026 Coupon 89231HAD8 120,000.00 TAOT 2025-B A3 4.34 11/15/2029 434.00 434.00 12/15/2026 Coupon 89239TAD4 120,000.00 TAOT 2024-D A3 4.4 06/15/2029 318.64 318.64 12/15/2026 Principal Paydown 89239TAD4 120,000.00 TAOT 2024-D A3 4.4 06/15/2029 5,625.78 5,625.78 12/15/2026 Coupon 91282CKV2 650,000.00 UNITED STATES TREASURY 4.625 06/15/2027 15,031.25 15,031.25 12/15/2026 Coupon 92970QAE5 210,000.00 WFCIT 2024-2 A 4.29 10/15/2029 750.75 750.75 12/15/2026 Coupon 92970QAJ4 325,000.00 WFCIT 2025-1 A 4.34 05/15/2030 1,175.42 1,175.42 12/25/2026 Coupon 05594HAD5 205,000.00 BMWLT 2025-2 A3 3.97 09/25/2028 678.21 678.21 12/25/2026 Coupon 096912AD2 100,000.00 BMWLT 2025-1 A3 4.43 06/26/2028 336.05 336.05 12/25/2026 Principal Paydown 096912AD2 100,000.00 BMWLT 2025-1 A3 4.43 06/26/2028 12,504.67 12,504.67 12/25/2026 Coupon 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 235.09 235.09 12/25/2026 Principal Paydown 096919AD7 109,754.91 BMWOT 2024-A A3 5.18 02/26/2029 4,517.11 4,517.11 12/25/2026 Coupon 3137F62M8 350,000.00 FHMS K-118 A2 1.493 09/25/2030 435.46 435.46 12/25/2026 Coupon 3137F83Q4 500,000.00 FHMS K-121 A2 1.547 10/25/2030 644.58 644.58 12/25/2026 Coupon 3137FAWS3 310,000.00 FHMS K-067 A2 3.194 07/25/2027 825.12 825.12 12/25/2026 Coupon 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 1,263.91 1,263.91 12/25/2026 Principal Paydown 3137FBU79 484,732.62 FHMS K-069 A2 3.187 09/25/2027 919.75 919.75 12/25/2026 Coupon 3137FG6X8 510,000.00 FHMS K-077 A2 3.85 05/25/2028 1,636.25 1,636.25 12/25/2026 Coupon 3137FKSH0 500,000.00 FHMS K-086 A2 3.859 11/25/2028 1,607.92 1,607.92 CONFIDENTIAL | 55
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/25/2026 Coupon 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 1,205.39 1,205.39 12/25/2026 Principal Paydown 3137FKUP9 388,230.34 FHMS K-087 A2 3.771 12/25/2028 490.46 490.46 12/25/2026 Coupon 3137FLMV3 400,000.00 FHMS K-090 A2 3.422 02/25/2029 1,140.67 1,140.67 12/25/2026 Coupon 3137FLYV0 250,000.00 FHMS K-092 A2 3.298 04/25/2029 687.08 687.08 12/25/2026 Coupon 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 846.39 846.39 12/25/2026 Principal Paydown 3137FMCR1 344,694.81 FHMS K-093 A2 2.982 05/25/2029 426.52 426.52 12/25/2026 Coupon 3137FRUT6 500,000.00 FHMS K-106 A2 2.069 01/25/2030 862.08 862.08 12/25/2026 Coupon 3137FWG79 310,000.00 FHMS K-115 A2 1.383 06/25/2030 357.28 357.28 12/25/2026 Coupon 3137H5YC5 525,000.00 FHMS K-748 A2 2.26 01/25/2029 988.75 988.75 12/28/2026 Coupon 437076DC3 500,000.00 HOME DEPOT INC 4.75 06/25/2029 11,875.00 11,875.00 12/31/2026 Coupon 91282CGC9 350,000.00 UNITED STATES TREASURY 3.875 12/31/2027 6,781.25 6,781.25 12/31/2026 Coupon 91282CHK0 500,000.00 UNITED STATES TREASURY 4.0 06/30/2028 10,000.00 10,000.00 12/31/2026 Coupon 91282CJR3 400,000.00 UNITED STATES TREASURY 3.75 12/31/2028 7,500.00 7,500.00 12/31/2026 Coupon 91282CKX8 650,000.00 UNITED STATES TREASURY 4.25 06/30/2029 13,812.50 13,812.50 12/31/2026 Coupon 91282CNK3 600,000.00 UNITED STATES TREASURY 3.875 06/30/2030 11,625.00 11,625.00 December 2026
Total 60,324.61 130,027.64 190,352.25
Grand Total 167,644,805.05 1,773,499.59 1,459,309.45 3,232,809.04 CONFIDENTIAL | 56
City of Stanton | Account #10991 | As of January 31, 2026 Execution Time: 02/04/2026 01:51:18 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

IMPORTANT DISCLOSURES
Chandler Asset Management, Inc. (“Chandler”) is 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 client’s 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 Moody’s, 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 (“MBS”) reflect 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.

BENCHMARK INDEX & DISCLOSURES
Benchmark Disclosure
ICE BofA 1-5 Yr US Treasury & Agency
Index
The ICE BofA 1-5 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 Moody’s, S&P and Fitch). Qualifying securities must have at least one year remaining term to final maturity and less than five 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. 1 CITY OF STANTON

REPORT TO THE SUCCESSOR AGENCY TO THE

STANTON REDEVELOPMENT AGENCY
TO: Honorable Chairman and Members of the Successor Agency DATE: March 24, 2026
SUBJECT: JANUARY 2026 INVESTMENT REPORT (SUCCESSOR AGENCY) REPORT IN BRIEF:

The Investment Report as of January 31, 2026, has been prepared in accordance with the City’s Investment Policy and California Government Code Section 53646.

RECOMMENDED ACTION:

2. Receive and file the Investment Report for the month of January 2026.

BACKGROUND:

The attached report summarizes the Successor Agency’s investment and deposit balances as of January 31, 2026. During the month of December, the Successor Agency’s total cash and investments increased by approximately $3.9 million. During the month of January, the Successor Agency received its semi-annual property tax distribution from the California Department of Finance (passed through the County of Orange). These funds will be used to pay the Successor Agency’s enforceable obligations through June 30, 2026. The Successor Agency’s cash and investment balances by fund are presented in Attachment A. The Successor Agency’s investments and deposits by financial institution are included as Attachment B.

ANALYSIS:

The Successor Agency’s share of the City’s investment in the State Treasurer’s Local Agency Investment Fund (LAIF) continues to be available on demand. The effective yield on LAIF for the month of January 2026 was 3.93%.

Item: 9E
Click here to return to the agenda.
1 The Successor Agency’s investments are shown on Attachment B and have a weighted investment yield of 3.93%, which is equal to the benchmark LAIF return of 3.93%, as the entire portfolio (excluding funds held with the bond fiscal agents) represents the Successor Agency’s portion of the City’s pooled cash and investments. With a completely liquid portfolio, the weighted average maturity of the Successor Agency’s investments on January 31, 2026, was 1 day. LAIF’s average maturity on January 31, 2026, was approximately 244 days.

FISCAL IMPACT:

All deposits and investments have been made in accordance with the City's Fiscal Year 2025/26 Investment Policy.

The portfolio will allow the Successor Agency to meet its expenditure requirements for the next six months.

ENVIRONMENTAL IMPACT:

LEGAL REVIEW:

None.

PUBLIC NOTIFICATION:

Through the agenda posting process.

STRATEGIC GOAL:

Goal 4. Ensure fiscal stability.

Prepared by: Sharon del Rosario, Finance Director
Approved by: Hannah Shin-Heydorn, City Manager
ATTACHMENTS:

A. SA Cash and Investments by Fund
B. SA Investments and Deposits
Fund/
Account No. Fund/Account Name
Beginning
Balance Increases Decreases Ending Balance

CASH-POOLED
712-111101 Redevelopment Obligation Retirement Fund $ 1,338,435.92 $ 3,935,427.00 $ (3,882,172.00) $ 1,391,690.92 Total Cash-Pooled (1) $ 1,338,435.92 $ 3,935,427.00 $ (3,882,172.00) $ 1,391,690.92 CASH-RESTRICTED (with Fiscal Agent)
712-111423 2016 Tax Allocation Bonds, Series A and B $ 52.19 $ 712,607.19 $ - $ 712,659.38 712-111425 2016 Tax Allocation Bonds, Series C and D 40,190.63 2,286,140.20 - 2,326,330.83 712-111426 2020 Tax Allocation Refunding Bonds, Series A 30.63 830,169.67 - 830,200.30 Total Cash-Restricted (with Fiscal Agent) $ 40,273.45 $ 3,828,917.06 $ - $ 3,869,190.51 TOTAL CASH AND INVESTMENTS $ 1,378,709.37 $ 7,764,344.06 $ (3,882,172.00) $ 5,260,881.43 Note:
(1) - Includes the Successor Agency's share of the City's BMO Harris Bank checking account and Local Agency Investment Fund (LAIF).

SUCCESSOR AGENCY TO THE STANTON REDEVELOPMENT AGENCY

CASH AND INVESTMENTS REPORT
MONTH ENDED JANUARY 31, 2026
Attachment: A
Click here to return to the agenda.

SUCCESSOR AGENCY TO THE STANTON REDEVELOPMENT AGENCY

INVESTMENTS AND DEPOSITS
Investment Issuer/ Date of Market MV
Type Institution Broker Maturity Cost Value Source
LAIF and BMO General Acct State of California/ BMO State of California On Demand 3.93% N/A $ 1,391,691 $ 1,391,691 LAIF Total Cash Investments and Deposits 1 3.93% $ 1,391,691 $ 1,391,691 Weighted Average Weighted Average
Bond Funds Held by Trustees: Maturity (days) Yield
Investment Issuer/ CUSIP Date of Interest Par Market MV Type Institution Broker Number Maturity Rate Value Cost Value Source 2016 Series A and B
Debt Service:

Cash Equivalents US Bank Money Market US Bank 9AMMF05B2 On Demand 0.02% 712,659 $ $ 712,659 $ US Bank 712,659 Interest:

Cash Equivalent US Bank Money Market US Bank 9AMMF05B2 On Demand 0.02% 1 1 1 US Bank Principal:

Cash Equivalent US Bank Money Market US Bank 9AMMF05B2 On Demand 0.02% 2 2 2 US Bank Total 2016 Series A and B $ 712,662 $ 712,662
Investment Issuer/ CUSIP Date of Interest Par Market MV Type Institution Broker Number Maturity Rate Value Cost Value Source 2016 Series C and D
Debt Service:

Cash Equivalent US Bank Money Market US Bank 9AMMF05B2 On Demand 0.02% $ 2,326,331 $ 2,326,331 $ 2,326,331 US Bank Principal:

Cash Equivalent US Bank Money Market US Bank 9AMMF05B2 On Demand 0.02% 1 1 1 US Bank Total 2016 Series C and D $ 2,326,332 $ 2,326,332
Investment Issuer/ CUSIP Date of Interest Par Market MV Type Institution Broker Number Maturity Rate Value Cost Value Source 2020 Tax Allocation Refunding Bonds
Special Fund:

Cash Equivalent US Bank Money Market US Bank 9AMMF05B2 On Demand 0.02% $ 830,200 $ 830,200 $ 830,200 US Bank Total 2020 Tax Allocation Bonds (Tax-Exempt) $ 830,200 $ 830,200 Total Bond Fund Investments and Deposits (3) $ 3,869,195 $ 3,869,195 TOTAL - ALL CASH AND INVESTMENTS $ 5,260,885 $ 5,260,885 Notes:
(1) - There have been no exceptions to the Investment Policy. (2) - The Successor Agency is able to meet its expenditure requirements for the next six months. (3) - Restricted Bond Funds are held by the fiscal agent.

MONTH ENDED JANUARY 31, 2026
Rate
Interest
Attachment: B
Click here to return to the agenda.
1 CITY OF STANTON

REPORT TO THE CITY COUNCIL
TO: Honorable Mayor and Members of the City Council
DATE: March 24, 2026
SUBJECT: JANUARY 2026 GENERAL FUND REVENUE AND EXPENDITURE REPORT; HOUSING AUTHORITY REVENUE AND EXPENDITURE
REPORT; STATUS OF CAPITAL IMPROVEMENT PROGRAM
REPORT IN BRIEF:

The Revenue and Expenditure Reports for the month ending January 31, 2026, have been provided to the City Manager in accordance with Stanton Municipal Code Section

2.20.080 (D) and are being provided to the City Council. This report includes information on both the City’s General Fund and the Housing Authority Fund.

RECOMMENDED ACTION:

2. Receive and file the General Fund and Housing Authority Fund January 2026 Revenue and Expenditure Reports and Status of Capital Improvement Projects for the month ended January 31, 2026.

ANALYSIS:

General Fund Revenue and Expenditure Reports
Attachments A and B summarize the General Fund’s revenue and expenditure activity through January 31, 2026. The reports include the monthly and year-to-date information, the current fiscal year’s budgeted balance and the year-to-date as a percentage of the budget. In addition, for comparison purposes, the prior year amounts, and percentage change from prior year, are included as well. As of January 31, total General Fund revenues including transfers received to date were approximately $18.4 million, which is 52% of the Fiscal Year 2025/26 amended budgeted amount and is higher by $1.7 million when compared to the revenues recognized for the same period Item: 9F
Click here to return to the agenda.
2 last year (Attachment A, page 2). More specifically, revenues are higher as compared to the same period from prior year by approximately $736,000 in tax revenue mainly attributed to higher residual redevelopment property tax and in-lieu vehicle license fee revenues, $435,000 in fees and permits revenue, $247,000 in transfers-in from other funds related mostly to Cannabis tax revenue. It is important to point out that many revenues are received on a seasonal basis; for example, sales tax is two months in arrears and property tax revenue largest receipt months are December, January and May and not all investment gains/losses are recorded on a monthly basis.

Total General Fund expenditures including transfers were approximately $20.7 million through January 31, 2026 which represents 56% of the Fiscal Year 2025/26 projected expenditures and is $1,462,244 (8%) higher than the expenditures for the same period last year (Attachment B, page 2). The year-over-year increase is mainly attributed to a $2.5 million rise in the law enforcement contract with the OC Sheriff’s Department and $186,274 increase in the Information Technology Division largely attributed to the new ERP software implementation offset by reduced City Attorney expenditures as compared to prior year that included a one-time claim payout of approximately $1 million.

Per Attachment C, the City’s total reserves and available General fund balance (“discretionary fund balance”) based on the current amended budget is projected to be $41.1 million by June 30, 2026, as shown in the table below.

Estimated
Balance
Set aside per Reserve Policy $ 15,900,000
Developer and Benefit Fee Reserve Funds 1,091,716
Assigned Fund Balance 860,813
Unassigned Fund Balance 23,306,550
Total Discretionary Fund Balance $ 41,159,079
3 Housing Authority Revenue and Expenditure Reports
Attachment D summarizes the Housing Authority Fund’s revenue and expenditure activity through January 31, 2026. The report includes the monthly and year-to-date information, the current fiscal year’s budgeted balance and the year-to-date as a percentage of the budget. In addition, for comparison purposes, the prior year amounts, and percentage change from prior year, are included as well.

As of January 31, 2026, total Housing Authority Fund revenues received to date were $340,194, which is 59% of the Fiscal Year 2025/26 budgeted amount and is $187,899 (36%) less than the revenue collected through the same period last year which is mainly attributed to lower rental income received from the Tina/Pacific housing project area and lower unrealized gains on investments recorded to date.

Total Housing Authority Fund expenditures were $881,934 for the month ending January 31, 2026, which is 25% of the Fiscal Year 2025/26 budget and $506,218 (36%) lower than the expenditures incurred for the same period last year, primarily due to lower relocation payments made to Tina Pacific residents and delayed demolition costs for several planned units. The housing relocation costs for the month of January were $28,382.

Per Attachment E, the City’s Housing Authority Fund’s available fund balance is $7.6 million at January 31, 2026, and according to the current budget is projected to be $5.3 million as of June 30, 2026.

Status of Capital Improvement Projects (CIP) (Attachment F) The Fiscal Year 2025/26 CIP budget includes $9.1 million from the Fiscal Year 2025/26 Adopted Budget and $16.5 million in carryover funding from Fiscal Year 2024/25 and additional adjustments approved by the City Council since July 1, 2024, that resulted in an increase of CIP expenditures by $569,267, for a total amended budget of $26.3 million as of January 31, 2026. As of January 31, capital project expenditures totaled $1,925,544 with an additional $1.3 million (5.1% of the amended budget) under contract (encumbered) for work currently underway, for a total amount spent or encumbered to date of $3.3 million (12% of the amended budget) as of January 31, 2026. 4 FISCAL IMPACT:

None.

ENVIRONMENTAL IMPACT:

LEGAL REVIEW:

None.

PUBLIC NOTIFICATION:

Through the normal agenda posting process.

STRATEGIC GOAL:

Goal 4. Ensure fiscal stability.

Prepared by: Sharon del Rosario, Finance Director
Approved by: Hannah Shin-Heydorn, City Manager
ATTACHMENTS:

A. January 2026 General Fund Revenues
B. January 2026 General Fund Expenditures
C. General Fund Reserve Balances
D. January 2026 Housing Authority Revenue, Expenditures and Reserve Balance E. January 2026 Capital Improvement Projects
%
FY 2025/26 FY 2025/26 Activity Change
Adopted Amended During Year To Date Percent of FY 2024/25 From Budget Budget January Actual * Budget Actual* Prior Year TAXES
Property Tax $ 9,619,400 $ 9,619,400 $ 4,708,452 $ 5,352,389 55.64% $ 4,757,591 12.50% Tax Increment Pass-thru Payment 663,000 663,000 415,773 415,773 62.71% 360,493 15.33% Sales and Use Tax 5,651,965 5,651,965 413,254 2,265,614 40.09% 2,232,161 1.50% Transactions and Use Tax 6,385,000 6,385,000 463,014 2,508,559 39.29% 2,542,138 -1.32% Transient Occupancy Tax 570,000 570,000 85,513 291,318 51.11% 327,014 -10.92% Franchise Fees 1,509,790 1,509,790 99,666 442,106 29.28% 340,579 29.81% Business Licenses 175,000 175,000 46,840 109,348 62.48% 108,807 0.50% Utility Users Tax 2,657,000 2,657,000 102,363 1,314,116 49.46% 1,377,318 -4.59% Cannabis Tax 1,951,290 1,951,290 255,930 944,610 48.41% 861,465 9.65% TAXES-TOTAL 29,182,445 29,182,445 6,590,806 13,643,833 46.75% 12,907,567 5.70%

INTERGOVERNMENTAL
Mandated Cost Reimbursement $ 40,000 $ 40,000 $ - $ 49,081 122.70% $ 414 -11755.31% Motor Vehicle In Lieu 50,000 50,000 - 61,609 123.22% 63,537 -3.03% Public Safety Augmentation Tax 202,515 202,515 15,926 92,572 45.71% 97,994 -5.53% Other Grants 4,200 4,200 350 2,100 49.99% 2,100 0.00%
County WDA Shared Revenue 115,000 115,000 - - 0.00% - 0.00% Federal Grants - - - - 0.00% - 100.00%
INTERGOVERNMENTAL-TOTAL 411,715 411,715 16,276 205,361 49.88% $ 164,045 25.19%

CHARGES FOR SERVICES
Charges for Services $ 177,105 $ 177,105 $ 10,865 $ 115,744 65.35% $ 100,112 15.61% Information Technology Charges 73,855 73,855 6,155 43,082 58.33% 26,282 63.92% CHARGES FOR SERVICES-TOTAL 250,960 250,960 17,020 158,826 63.29% $ 126,394 25.66%

FEES AND PERMITS
Solid Waste Impact Fees $ 1,407,000 $ 1,407,000 $ 200,409 $ 774,340 55.03% $ 670,482 15.49% Building Permits and Fees 965,000 965,000 98,566 876,718 90.85% 723,789 21.13% Planning Permits and Fees 91,700 91,700 3,481 34,768 37.91% 63,101 -44.90% Engineering Permits and Fees 195,700 201,700 11,220 79,610 39.47% 45,668 74.32% Developer Contributions 1,000 1,000 50,000 50,000 5000.00% 1,000 4900% Recycling Fees 90,000 90,000 15,920 33,225 36.92% 40,885 -18.74% Other Permits and Fees 346,850 346,850 90,803 305,858 88.18% 183,305 66.86% Community Services Fees 80,000 80,000 6,064 50,917 63.65% 41,539 22.58% FEES AND PERMITS -TOTAL 3,177,250 3,183,250 476,463 2,205,436 69.28% 1,769,768 24.62%

FINES AND FORFEITURES
General Fines $ 5,000 $ 5,000 $ 81,812 $ 83,515 1670.29% $ 7,066 -1081.85% Motor Vehicle Fines 50,000 50,000 20,404 54,524 109.05% 18,069 201.75% Parking Citations 600,000 600,000 24,814 164,890 27.48% 182,911 -9.85% DMV Parking Collections 73,400 73,400 10,781 68,597 93.46% 42,513 61.36% Administrative Citation 15,000 15,000 13,252 21,722 144.81% 18,710 16.10% FINES AND FORFEITURES-TOTAL 743,400 743,400 151,063 393,248 52.90% $ 269,269 46.04%

USE OF MONEY AND PROPERTY
Investment Earnings $ 250,000 $ 250,000 $ - $ 869,444 347.78% $ 843,489 3.08% Unrealized Gains (Losses) - - - 139,449 0.00% 128,170 8.80% Loan Interest - - - 735 0.00% 735 0.00%
Rental Income 169,425 169,425 14,979 85,665 50.56% 105,919 -19.12% USE OF MONEY AND PROPERTY-TOTAL 419,425 419,425 14,979 1,095,293 261.14% $ 1,078,313 1.57%

MISCELLANEOUS REVENUE
Miscellaneous Revenue $ 115,710 $ 116,210 $ 125 $ 80,534 69.30% $ 30,510 163.96% MISCELLANEOUS REVENUE-TOTAL 115,710 116,210 125 80,534 69.30% $ 30,510 163.96%

TRANSFERS IN
From Cannabis Community Benefit Fund $ 414,845 $ 414,845 $ 34,570 $ 241,993 58.33% $ - 100.00% From Gas Tax Fund 50,000 50,000 4,167 29,167 58.33% 52,500 -44.44% From Protective Services Fund 387,000 387,000 6,113 223,152 57.66% 223,276 -0.06% From Other Grants Fund - 150,000 8,540 8,540 5.69% - 0.00% From Supplemental Law Enforcement Grants Fund 195,000 195,000 16,250 113,750 58.33% 93,333 21.88% From Sewer Maintenance Fund - - - - 0.00% - 0.00%
From Fleet Maintenance Fund - - - - 0.00% - 0.00%
TRANSFERS IN-TOTAL 1,046,845 1,196,845 69,641 616,601 51.52% 369,109 67.05% TOTAL REVENUES AND TRANSFERS IN $ 35,347,750 $ 35,504,250 $ 7,336,371 $ 18,399,133 51.82% $ 16,714,976 10.08% TOTAL REVENUES BEFORE TRANSFERS $ 34,300,905 $ 34,307,405 $ 7,266,731 $ 17,782,532 51.83% $ 16,345,867 8.79% January 2026 General Fund Revenues (58% of Year)

CITY OF STANTON
FY 2025/26
* = Actual data is reported through January
Attachment: A
Click here to return to the agenda.

FY 2025/26 FY 2025/26 Activity % Change
Adopted Amended During Year To Date Percent of FY 2024/25 From Acct. No. Description Budget Budget January Actual * Budget Actual* Prior Year 101 General Fund
430100 Current Year-Secured $ 1,125,000 $ 1,125,000 59,653 $ 633,988 56.35% $ 632,657 0.21% 430105 Current Year-Unsecured 32,600 32,600 10,702 29,109 89.29% 30,203 -3.62% 430110 Property Tax-Prior Year - - - - 0.00% - 0.00%
430115 Property Tax-Supplemental 25,000 25,000 4,300 11,356 45.42% 12,905 -12.01% 430120 Residual Redevelopment Property Tax 1,926,000 1,926,000 1,224,496 1,224,496 63.58% 982,729 24.60% 430121 In-Lieu Vehicle License Fee 6,426,000 6,426,000 3,397,786 3,397,786 52.88% 3,060,152 11.03% 430135 Homeowners Tax Relief 4,800 4,800 1,380 1,972 41.08% 2,114 -6.72% 430140 Real Property Transfer Tax 80,000 80,000 7,407 50,955 63.69% 36,831 38.35% 430145 Property Tax-Penalties/Int - - 2,727 2,727 0.00% - 0.00% 430150 AB 1389 Pass Through from RDA 663,000 663,000 415,773 415,773 62.71% 360,493 15.33% 430200 Sales And Use Tax 5,651,965 5,651,965 413,254 2,265,614 40.09% 2,232,161 1.50% 430250 Transactions & Use Tax 6,385,000 6,385,000 463,014 2,508,559 39.29% 2,542,138 -1.32% 430300 Transient Occupancy Tax 570,000 570,000 85,513 291,318 51.11% 327,014 -10.92% 430405 Franchise Tax/Cable TV 250,000 250,000 - 90,893 36.36% 40,860 122.45% 430410 Franchise Tax/Electric 318,790 318,790 - - 0.00% - 0.00% 430415 Franchise Tax/Gas 74,000 74,000 - - 0.00% - 0.00% 430420 Franchise Tax/Refuse 740,000 740,000 99,666 351,213 47.46% 299,719 17.18% 430425 Franchise Tax/Water 127,000 127,000 - - 0.00% - 0.00% 430500 Business License Tax 175,000 175,000 46,840 109,348 62.48% 108,807 0.50% 430600 Util User Tax/Electricity 1,555,000 1,555,000 3,169 732,963 47.14% 847,472 -13.51% 430605 Util User Tax/Telephone 192,000 192,000 20,519 97,859 50.97% 105,262 -7.03% 430610 Util User Tax/Gas 300,000 300,000 27,760 128,408 42.80% 109,017 17.79% 430615 Util User Tax/Water 610,000 610,000 50,915 354,886 58.18% 315,567 12.46% 430700 Cannabis Tax-Retail 1,860,000 1,860,000 255,930 944,610 50.79% 815,312 15.86% 430705 Cannabis Tax-Cultivation 91,290 91,290 - - 0.00% 46,153 100.00% 430710 Cannabis Penalties and Interest - - - - 0.00% - 0.00% 101 General Fund 29,182,445 29,182,445 6,590,806 13,643,833 46.75% 12,907,567 5.70% TAXES - TOTAL $ 29,182,445 $ 29,182,445 $ 6,590,806 $ 13,643,833 46.75% $ 12,907,567 5.70% 101 General Fund
432135 Mandated Cost Reimbursement $ 40,000 $ 40,000 - $ 49,081 122.70% $ 414 11755.31% 432150 Motor Vehicle In Lieu 50,000 50,000 - 61,609 123.22% 63,537 -3.03% 432180 Public Safety Augment Tax 202,515 202,515 15,926 92,572 45.71% 97,994 -5.53% 432256 Other Grants 4,200 4,200 350 2,100 49.99% 2,100 0.00% 432270 Federal Grants - - - - 0.00% - 0.00%
432505 County WDA Shared Revenue $ 115,000 $ 115,000 - $ - 0.00% $ - 0.00% INTERGOVERNMENTAL - TOTAL $ 411,715 $ 411,715 16,276 $ 205,361 49.88% $ 164,045 25.19% 101 General Fund
433600 Charges For Services $ 177,105 $ 177,105 10,865 $ 115,744 65.35% $ 100,112 15.61% 433635 Information Technology Charges 73,855 73,855 6,155 43,082 58.33% 26,282 63.92% CHARGES FOR SERVICES - TOTAL $ 250,960 $ 250,960 17,020 $ 158,826 63.29% $ 126,394 25.66% 101 General Fund
430430 Towing $ 15,000 $ 15,000 900 $ 13,410 89.40% $ 10,620 26.27% 431105 Mechanical Permits 85,000 85,000 9,056 98,944 116.40% 65,710 50.58% 431110 Building Permits 550,000 550,000 52,455 413,768 75.23% 437,892 -5.51% 431115 Plumbing Permits 55,000 55,000 10,108 116,110 211.11% 42,970 170.21% 431120 Electrical Permits 90,000 90,000 11,375 115,340 128.16% 52,752 118.65% 431140 S M I P - Commercial Fees 300 300 7 14 4.59% 8 70.09% 431145 S M I P-Residential Permits 450 450 15 37 8.33% 154 -75.62% 431150 Conditional Use Permit 12,000 12,000 - 2,885 24.04% 3,800 -24.08% 431200 Public Works Permits 165,700 165,700 11,220 62,893 37.96% 45,668 37.72% 431220 Parking Permits 50,000 50,000 22,830 42,781 85.56% 8,250 418.56% 431305 Cannabis Business Renewal Permit 5,600 5,600 - 7,268 129.79% 14,000 -48.09% 431325 Special Event Permits 1,000 1,000 - - 0.00% - 0.00% 431330 Temporary Sign Permits 5,000 5,000 260 3,181 63.62% 2,965 7.28% 431350 Other Permits 60,000 60,000 4,736 33,466 55.78% 44,433 -24.68% 433100 Building Plan Check Fees $ 185,000 $ 185,000 15,572 $ 132,556 71.65% $ 124,465 6.50% 433105 Landscape Plan Check 1,500 1,500 - - 0.00% 650 100.00% 433202 Cannabis Background Fee - - - - 0.00% - 0.00%
433205 Precise Plan Of Design 10,000 10,000 - 3,413 34.13% 6,160 -44.60% 433210 Variance - - - - 0.00% - 0.00%
433220 Preliminary Plan Review 2,500 2,500 - - 0.00% 3,750 100.00% TAXES
January 2026 General Fund Revenues (58% of Year)
FY 2025/26
FY 2025/26 FY 2025/26 Activity % Change
Adopted Amended During Year To Date Percent of FY 2024/25 From Acct. No. Description Budget Budget January Actual * Budget Actual* Prior Year TAXES
January 2026 General Fund Revenues (58% of Year)
FY 2025/26
433225 Environmental Services 4,600 4,600 - 994 21.61% 225 341.78% 433227 Foreclosure Registration - - 651 1,777 0.00% 2,991 -40.59% 433230 Zoning Entitlements 9,600 9,600 - 948 9.88% - 0.00% 433235 Land Divisions 3,500 3,500 - - 0.00% - 0.00%
433250 Ministerial Services 13,000 13,000 420 3,165 24.35% 17,360 -81.77% 433270 General Plan Maint Surcharge 30,000 30,000 1,855 17,858 59.53% 25,200 -29.13% 433285 Other Developmental Fees - - 295 547 0.00% - 0.00% 433305 General Recreation Programs 50,000 50,000 3,802 31,286 62.57% 25,096 24.67% 433400 Engineering Plan Check Fees 30,000 36,000 - 16,717 46.44% - 0.00% 433410 P/W Inspections 10,000 10,000 1,496 68,403 684.03% 2,667 2464.41% 433501 New/Moved Bus Lic Appl Rev 80,500 80,500 5,675 22,860 28.40% 14,630 56.26% 433502 Business Tax Renewal Process 120,000 120,000 42,224 91,804 76.50% 72,081 27.36% 433505 Credit Card Convenience Fees - - 3,481 15,332 0.00% - 0.00% 433515 SB-1186 2,500 2,500 3,204 3,825 152.98% 2,991 27.85% 433520 SB 1473 Fee 1,500 1,500 6,236 6,559 437.24% 1,108 491.93% 433530 Solid waste Impact Fees 1,407,000 1,407,000 200,409 774,340 55.03% 670,482 15.49% 434200 Forfeited Deposits - - - 100 0.00% 12,362 -99.19% 435300 Public Benefit Fees 1,000 1,000 50,000 50,000 5000.00% 1,000 4900.00% 435305 Beautification/Enhancement Fees - - - - 0.00% - 0.00% 435310 Neighborhood Preservation Fees - - - - 0.00% - 0.00% 436120 Sports Fields 30,000 30,000 2,263 19,631 65.44% 16,443 19.39% 437115 Recycling Fees 90,000 90,000 15,920 33,225 36.92% 40,885 -18.74% FEES AND PERMITS - TOTAL $ 3,177,250 $ 3,183,250 476,463 $ 2,205,436 69.28% $ 1,769,768 24.62% 101 General Fund
434100 General Fines $ 5,000 $ 5,000 81,812 $ 83,515 1670.29% $ 7,066 1081.85% 434105 Motor Vehicle Fines 50,000 50,000 20,404 54,524 109.05% 18,069 201.75% 434110 Parking Citations 600,000 600,000 24,814 164,890 27.48% 182,911 -9.85% 434115 DMV Parking Collections 73,400 73,400 10,781 68,597 93.46% 42,513 61.36% 434120 Administrative Citation 15,000 15,000 13,252 21,722 144.81% 18,710 16.10% FINES AND FORFEITURES - TOTAL $ 743,400 $ 743,400 151,063 $ 393,248 52.90% $ 269,269 46.04% 101 General Fund
436100 Bus Shelter Rental $ 5,000 $ 5,000 - $ 1,996 39.92% $ 1,771 12.69% 436115 Property Rental 14,800 14,800 1,234 8,635 58.35% 8,635 0.00% 436125 Indoor Facility Rental 100,000 100,000 7,828 40,033 40.03% 68,725 -41.75% 436127 Picnic Shelter Rental 25,000 25,000 3,840 20,671 82.68% 12,915 60.05% 436135 Pac Bell Mobile Svcs-Rent 24,625 24,625 2,077 14,331 58.20% 13,873 3.30% 436200 Interest Earned $ 250,000 $ 250,000 - $ 869,444 347.78% $ 843,489 3.08% 436205 Unrealized Gains/Loss - - - 139,449 0.00% 128,170 8.80% 436300 Loan Interest - - - 735 0.00% 735 0.00%
USE OF MONEY AND PROPERTY - TOTAL $ 419,425 $ 419,425 14,979 $ 1,095,293 261.14% $ 1,078,313 1.57% 101 General Fund
437100 Sale of Publications $ - $ - - $ - 0.00% $ 1 100.00% 437105 Firework Services 875 875 - - 0.00% - 0.00%
437110 Candidate Statements - - - - 0.00% - 0.00%
437125 Donations 50,000 50,500 100 4,504 8.92% 5,300 -15.02% 437130 Insurance Reimbursement - - - - 0.00% - 0.00%
437135 Expense Reimbursement 54,835 54,835 - 48,158 87.82% 16,639 189.44% 437137 Loan Repayment - - - - 0.00% - 0.00%
437145 Sales of Assets - - - 278 0.00% - 0.00%
437195 Other Revenue 10,000 10,000 25 27,594 275.94% 8,571 221.96% MISCELLANEOUS REVENUE - TOTAL $ 115,710 $ 116,210 125 $ 80,534 69.30% $ 30,510 163.96% 101 General Fund
439107 Trsr Fr Cannabis Comm Ben 107 $ 414,845 $ 414,845 $ 34,570 241,993 58.33% $ - 0.00% 439211 Transfer From Gas Tax Fund 50,000 50,000 4,167 29,167 58.33% 52,500 -44.44% 439223 Transfer From Protective Services Fund 387,000 387,000 6,113 223,152 57.66% 223,276 -0.06% 439227 Transfer from Other Grants Fund - 150,000 8,540 8,540 5.69% - 0.00% 439242 Transfer from Supplemental Law Enforcement Grants Fund 195,000 195,000 16,250 113,750 58.33% 93,333 21.88% 439501 Transfer From Sewer Fund - - - - 0.00% - 0.00%
439605 Transfer from Fleet Maintenance - - - - 0.00% - 0.00% TRANSFERS IN - TOTAL $ 1,046,845 $ 1,196,845 $ 69,641 $ 616,601 51.52% $ 369,109 67.05% TOTAL REVENUES AND TRANSFERS IN $ 35,347,750 $ 35,504,250 7,336,371 $ 18,399,133 51.82% $ 16,714,976 10.08% TOTAL REVENUES BEFORE TRANSFERS 34,300,905 $ 34,307,405 $ 7,266,731 17,782,532 $ 51.83% 16,345,867 $ 8.79% Division No. Description
FY 2025/26
Adopted
Budget
FY 2025/26
Amended
Budget
Activity During
January
Year to Date
Actual *
Percent of
Budget
FY 2024/25
Actual*
1100 City Council $ 137,745 $ 137,745 $ 20,575 $ 89,761 65.16% $ 113,566 -20.96% 1200 City Attorney 398,090 398,090 $ - 191,575 48.12% $ 1,293,361 -85.19% 1300 City Manager 652,445 652,445 $ 48,630 336,929 51.64% $ 302,798 11.27% 1400 City Clerk 266,395 266,395 $ 18,283 140,570 52.77% $ 136,353 3.09% 1410 Human Resources/Risk Management 344,545 344,545 $ 28,446 179,011 51.96% $ 165,983 7.85% 1510 Information Technology 843,905 1,512,457 $ 40,779 658,999 43.57% $ 472,725 39.40% Administration 2,643,125 3,311,677 $ 156,714 1,596,844 48.22% $ 2,484,786 -35.74% 1500 Finance 1,128,610 1,128,610 $ 80,881 633,492 56.13% 670,813 $ -5.56% 1600 Non-Dept (excludes Transfers) 383,200 383,200 $ - 83,114 21.69% $ - 0.00% Finance 1,511,810 1,511,810 $ 80,881 716,606 47.40% $ 670,813 6.83% 2000 Public Safety Administration 345,435 345,435 $ 25,654 213,995 61.95% 382,061 $ -43.99% 2010 Emergency Preparedness 5,000 5,000 $ - - 0.00% $ 982 -100.00% 2100 Law Enforcement Services 16,268,720 16,268,720 $ 2,708,981 10,833,334 66.59% $ 8,375,399 29.35% 2200 Fire Protection Services 6,039,805 6,039,805 $ 3,023,558 - 50.06% 2,886,728 $ 4.74% 2230 Ambulance Services 2,500 2,500 $ - 655 26.20% $ -413.93% 127 2300 Homeless Outreach Services 334,520 334,520 $ 5,697 41,171 12.31% 123,454 $ -66.65% 2400 Animal Control Services 232,640 232,640 $ 75,045 32.26% 125,076 - $ -40.00% 2500 Code Enforcement 789,230 789,230 $ 57,058 428,991 54.36% $ 445,518 -3.71% 2600 Parking Enforcement Services 648,795 648,795 $ 22,047 177,233 27.32% $ 194,637 -8.94% Public Safety 24,666,645 24,666,645 $ 2,819,437 14,793,981 59.98% $ 12,533,983 18.03% 3000 Public Works Administration 650,075 650,075 $ 52,931 362,506 55.76% $ 366,238 -1.02% 3100 Engineering 377,580 383,580 $ 37,329 195,774 51.04% $ 154,445 26.76% 3200 Public Facilities 706,075 706,075 $ 54,452 359,797 50.96% $ 373,488 -3.67% 3300 Crossing Guard Services 69,080 69,080 $ 11,591 37,710 54.59% $ 30,206 24.84% 3400 Parks Maintenance 878,205 881,483 $ 51,093 424,577 48.17% 373,366 $ 13.72% 3500 Street Maintenance 417,955 417,955 $ 52,695 202,207 48.38% $ 139,753 44.69% 3540 Graffiti Abatement 118,885 118,885 $ 10,473 61,508 51.74% $ 52,149 17.95% 3600 Storm Drains Maintenance/Improvements 208,000 208,000 $ 13,279 126,662 60.90% $ 104,004 21.79% Public Works 3,425,855 3,435,133 $ 283,843 1,770,743 51.55% $ 1,593,649 11.11% 4000 Community Development Administration 458,735 458,735 $ 34,629 251,810 54.89% 254,803 $ -1.17% 4100 Planning 605,500 605,500 $ 45,586 297,673 49.16% 219,838 $ 35.41% 4200 Building 547,245 547,245 $ 61,799 246,504 45.04% $ 197,165 25.02% 4400 Economic Development 10,500 10,500 $ - 1,812 17.26% $ 1,145 58.29% Community Development 1,621,980 1,621,980 $ 142,013 797,799 49.19% $ 672,951 18.55% 5000 Community Services Administration 834,565 856,065 $ 75,839 463,517 54.15% 448,807 $ 3.28% 5100 Public Information Office 141,940 209,822 $ 17,760 100,064 47.69% 77,756 $ 28.69% 5200 Family Resource Center Operations 154,990 154,990 $ 10,100 64,705 41.75% $ 122,970 -47.38% 5300 Park Operations 330,195 309,195 $ 21,440 165,648 53.57% 175,865 $ -5.81% 5400 Older Adult Programs 71,540 71,540 $ 4,950 37,249 52.07% $ 43,495 -14.36% 5500 Recreation Programs 131,000 131,000 $ 47,025 35.90% 60,009 - $ -21.64% Community Services 1,664,230 1,732,612 $ 130,089 878,208 50.69% $ 928,903 -5.46% Transfer To Public Benefit Fee Fund - - $ - - 0.00% $ - 0.00% Transfer To Beautification Fee Fund - - $ - - 0.00% $ - 0.00% Transfer To Neighborhood Preservation Fee Fund - - $ - - 0.00% $ - 0.00% Transfer to FACT Grant 144,500 144,500 $ 12,042 84,292 58.33% $ 19,502 332.21% Transfer to Senior Transportation Fund 2,580 2,580 $ 81 1,371 53.13% $ - 100.00% Transfer to SCP Maintenance - - $ - - 0.00% $ 63,452 -100.00% Transfer to Capital Projects Fund 211,245 660,148 $ 18,909 18,909 2.86% $ 228,426 -91.72% Transfers to Other Funds 358,325 807,228 $ 31,031 104,571 12.95% $ 311,381 -66.42% TOTAL EXPENDITURES $ 35,891,970 $ 37,087,086 $ 3,644,008 $ 20,658,753 55.70% $ 19,196,467 7.62% TOTAL EXPENDITURES BEFORE TRANSFERS $ 35,533,645 $ 36,279,858 $ 3,612,976 $ 20,554,182 56.65% $ 18,885,086 8.84% City of Stanton
January 2026 General Fund Expenditures (58% of Year)
FY 2025/26
% Change
from Prior
Year
* = Actual data is reported through June.

Attachment: B
Click here to return to the agenda.

Acct. No. Description % of Budget
FY 2024/25
Actual*
101 General Fund
1100 City Council
502115 Unemployment Allocation $ - $ - $ - $ - 0.00% $ - 0.00% 502130 Other Employee Benefits Allocation - - - - 0.00% 35 100.00% 502140 Medicare 755 755 58 436 57.73% 448 -2.61%
504110 City Council Stipends 52,200 52,200 4,023 30,073 57.61% 30,884 -2.63% 606100 Professional Services - - - - 0.00% - 0.00%
610110 Memberships and Dues 51,625 51,625 14,032 46,248 89.58% 32,781 41.08% 610115 Travel and Conferences 15,000 15,000 1,365 4,304 28.69% 3,760 14.47% 621110 Office Supplies 2,000 2,000 53 208 10.42% 825 -74.75% 621120 Program Supplies 10,240 10,240 617 5,503 53.74% 5,937 -7.31% 622120 Equipment, Furnishings, Tools - - - - 0.00% - 0.00% 623110 Postage and Shipping - - - - 0.00% - 0.00%
623165 Community Events 800 800 - - 0.00% - 0.00%
630120 Liability Insurance Charge 5,125 5,125 427 2,990 58.33% 3,900 -23.34% 700450 Equipment-General - - - - 0.00% 34,997 100.00%
1100 City Council Total 137,745 137,745 20,575 89,761 65.16% 113,566 -20.96% 1200 City Attorney
606100 Professional Services $ 398,090 398,090 - 191,575 48.12% 1,293,361 -85.19% 1200 City Attorney Total 398,090 398,090 - 191,575 48.12% 1,293,361 -85.19% 1300 City Manager
501110 Regular Full-Time Wages $ 325,135 325,135 22,458 166,557 51.23% 162,408 2.55% 501120 Regular-Part Time Wages 18,420 18,420 1,309 9,524 51.70% 7,788 22.29% 501140 Overtime 500 500 - - 0.00% 52 -100.00%
502105 Workers' Compensation Allocation 5,835 5,835 - 3,150 53.98% 2,995 5.15% 502110 Health/Life Insurance Allocation 32,110 32,110 1,291 14,831 46.19% 15,610 -4.99% 502111 Medical In-Lieu Pay 180 180 28 236 131.11% 180 31.24% 502112 Medical Insurance Premiums - - 1,291 1,291 0.00% - 100.00% 502115 Unemployment Allocation 230 230 177 177 77.02% 209 -15.08% 502130 Other Employee Benefits Allocation - - - - 0.00% 231 -100.00% 502134 Leave Accrual - - - 1,077 0.00% 1,040 3.50%
502140 Medicare 4,405 4,405 328 2,472 56.11% 2,397 3.10% 503110 Retirement Contributions 96,125 96,125 7,884 56,326 58.60% 51,429 9.52% 606100 Professional Services 120,000 120,000 10,100 56,940 47.45% 28,292 101.26% 610110 Memberships and Dues 1,000 1,000 - 675 67.50% 585 15.38% 610115 Travel and Conferences 4,800 4,800 69 1,057 22.01% 877 20.47% 621110 Office Supplies 10,600 10,600 792 3,310 31.23% 2,903 14.02% 621120 Program Supplies - - - - 0.00% - 100.00%
622110 Books and Publications 100 100 - - 0.00% - 100.00% 622120 Equipment, Furnishings, Tools - - - - 0.00% - 100.00% 623110 Postage and Shipping 200 200 171 171 85.40% 344 -50.34% 630110 Fleet Maintenance Charge 200 200 17 117 58.35% 338 -65.51% 630120 Liability Insurance Charge 32,605 32,605 2,717 19,020 58.33% 25,120 -24.29% 1300 City Manager Total 652,445 652,445 48,630 336,929 51.64% 302,798 11.27% Administration - Shin-Heydorn
January 2026 General Fund Expenditures (58% of Year)
FY 2025/26
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2025/26
Adopted
Budget
FY 2025/26
% Change
From Prior
Year
* = Actual data is reported through June.

Acct. No. Description % of Budget
FY 2024/25
Actual*
Administration - Shin-Heydorn
January 2026 General Fund Expenditures (58% of Year)
FY 2025/26
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2025/26
Adopted
Budget
FY 2025/26
% Change
From Prior
Year
1400 City Clerk
501110 Regular Full-Time Wages $ 139,585 139,585 10,340 76,908 55.10% 74,937 2.63% 501140 Overtime 500 500 - 220 44.06% 263 -16.35%
502105 Workers' Compensation Allocation 2,580 2,580 - 1,272 49.32% 1,319 -3.53% 502110 Health/Life Insurance Allocation 26,145 26,145 1,052 12,080 46.20% 12,678 -4.72% 502111 Medical In-Lieu Pay - - 21 198 0.00% 270 -26.48% 502112 Medical Insurance Premiums - - 1,052 1,052 0.00% - 100.00% 502115 Unemployment Allocation 160 160 132 132 82.68% 162 -18.09% 502130 Other Employee Benefits Allocation - - - - 0.00% 102 -100.00% 502134 Leave Accrual - - - 4,306 0.00% 4,161 3.50%
502140 Medicare 1,945 1,945 145 1,149 59.08% 1,124 2.21% 503110 Retirement Contributions 53,450 53,450 4,271 30,782 57.59% 29,590 4.03% 606100 Professional Services 5,865 5,865 - 1,499 25.56% 1,145 30.91% 607120 Microfilming 15,000 15,000 - - 0.00% - 100.00%
610110 Memberships and Dues 510 510 - 535 104.90% 475 12.63% 610115 Travel and Conferences 1,200 1,200 - 865 72.08% - 100.00% 610120 Training 2,500 2,500 - 899 35.96% 540 66.48%
621110 Office Supplies 2,750 2,750 109 551 20.03% 1,028 -46.39% 622110 Books and Publications 100 100 - - 0.00% - 100.00% 623110 Postage and Shipping 500 500 27 185 37.03% 488 -62.08% 623150 Elections - - - - 0.00% (1,752) -100.00%
630110 Fleet Maintenance Charge 365 365 30 213 58.34% 225 -5.17% 630120 Liability Insurance Charge 13,240 13,240 1,103 7,723 58.33% 9,600 -19.55% 1400 City Clerk Total 266,395 266,395 18,283 140,570 52.77% 136,353 3.09% 1410 Personnel/Risk Management
501110 Regular Full-Time Wages $ 141,160 141,160 10,859 80,766 57.22% 74,994 7.70% 501120 Regular-Part Time Wages 42,980 42,980 3,054 19,953 46.42% 21,138 -5.61% 502105 Workers' Compensation Allocation 3,520 3,520 - 1,678 47.68% 1,692 -0.80% 502110 Health/Life Insurance Allocation 27,610 27,610 1,117 12,877 46.64% 13,463 -4.35% 502111 Medical In-Lieu Pay 420 420 32 242 57.71% 346 -29.98% 502112 Medical Insurance Premiums - - 1,117 1,117 0.00% - 0.00% 502115 Unemployment Allocation 250 250 182 182 72.61% 240 -24.40% 502130 Other Employee Benefits Allocation - - - - 0.00% 130 100.00% 502134 Leave Accrual - - - 5,383 0.00% - 0.00%
502140 Medicare 2,660 2,660 194 1,494 56.17% 1,354 10.32% 503110 Retirement Contributions 51,715 51,715 3,379 23,915 46.24% 22,541 6.10% 606100 Professional Services 19,300 19,300 310 3,729 19.32% 6,230 -40.14% 610110 Memberships and Dues 1,725 1,725 - 449 26.03% 1,300 -65.46% 607115 Crossing Guard Services - - (110) (110) 0.00% - 0.00% 610115 Travel and Conferences 2,000 2,000 - - 0.00% 593 100.00% 610120 Training 7,500 7,500 501 1,151 15.35% (229) -602.75% 610130 Tuition Reimbursement Program 10,000 10,000 1,250 2,500 25.00% 1,550 61.29% 610135 Employee Recognition/Engagement 12,000 12,000 4,947 11,978 99.81% 7,045 70.02% 621110 Office Supplies 1,400 1,400 92 782 55.83% 275 184.50% 621120 Program Supplies - - - 208 0.00% - 0.00%
622120 Equipment, Furnishings, Tools - - - - 0.00% - 0.00% 623105 Advertising Notices 2,200 2,200 - - 0.00% - 0.00% 623110 Postage and Shipping 200 200 29 271 135.41% 84 224.21% 630110 Fleet Maintenance Charge 435 435 36 254 58.33% 338 -24.99% 630120 Liability Insurance Charge 17,470 17,470 1,456 10,191 58.33% 12,900 -21.00% 700450 Equipment-General - - - - 0.00% - 0.00%
1410 Personnel/Risk Management 344,545 344,545 28,446 179,011 51.96% 165,983 7.85% * = Actual data is reported through June.

Acct. No. Description
% of
Budget
FY 2024/25
Actual*
101 General Fund
1500 Finance
501110 Regular Full-Time Wages $ 531,770 $ 531,770 $ 39,604 $ 293,982 55.28% $ 299,218 1.75% 501120 Regular-Part Time Wages 46,465 46,465 799 20,458 44.03% 25,645 20.23% 501140 Overtime 1,000 1,000 245 742 74.20% 2,781 73.32% 502105 Workers' Compensation Allocation 10,655 10,655 - 5,271 49.47% 5,718 7.82% 502110 Health/Life Insurance Allocation 96,900 96,900 3,361 38,398 39.63% 43,447 11.62% 502111 Medical In-Lieu Pay 525 525 138 1,184 225.57% 2,633 55.03% 502112 Medical Insurance Premiums - - 3,366 3,366 0.00% - 0.00% 502115 Unemployment Allocation 965 965 526 546 56.62% 988 44.70% 502130 Other Employee Benefits Allocation - - 55 199 0.00% 641 69.04% 502134 Leave Accrual - - - - 0.00% - 0.00%
502140 Medicare 8,050 8,050 570 4,457 55.36% 3,907 -14.07% 503110 Retirement Contributions 150,560 150,560 12,218 87,094 57.85% 92,055 5.39% 601110 Payments to State Government 2,375 2,375 320 748 31.51% - 0.00% 601135 Co Sanitation Dist User Fee - - - - 0.00% 108 -100.00% 606100 Professional Services 153,460 153,460 10,543 125,228 81.60% 114,585 -9.29% 606130 Temporary Staffing Services-Professional - - - - 0.00% - 0.00% 608100 Landscaping Services - - - - 0.00% 3,600 -100.00% 610110 Memberships and Dues 1,200 1,200 155 280 23.33% 860 67.44% 610115 Travel and Conferences 5,600 5,600 1,015 1,015 18.12% 3,350 69.72% 610120 Training 1,750 1,750 - 550 31.43% 655 16.03%
621110 Office Supplies 6,000 6,000 - 28 0.47% 3,114 99.10% 622110 Books and Publications 400 400 - - 0.00% - 0.00% 622120 Equipment, Furnishings, Tools - - - - 0.00% 1,303 -100.00% 623100 Public Notices 4,000 4,000 - 368 9.20% 3,202 88.51% 623110 Postage and Shipping 3,500 3,500 353 764 21.84% 769 0.65% 623120 Bank Charges - - - - 0.00% - 0.00%
623125 Transaction Fees 47,100 47,100 2,925 16,010 33.99% 17,207 6.96% 623160 Mileage Reimbursement 100 100 - - 0.00% 29 -100.00% 630110 Fleet Maintenance Charge 1,335 1,335 111 779 58.33% 901 13.59% 630120 Liability Insurance Charge 54,900 54,900 4,575 32,025 58.33% 44,095 27.37% 650100 Principal Payments-Bonds - - - - 0.00% - 0.00%
651100 Interest Expense-Bonds - - - - 0.00% - 0.00%
1500 Finance Total 1,128,610 1,128,610 80,881 633,492 56.13% 670,813 -5.56% 1600 Non-Departmental
601134 Revenue Sharing-City of Anaheim 33,200 33,200 - - 0.00% - 0.00% 621120 Special Dept Expense - - - - 0.00% - 0.00%
623170 Economic Development Loan Repayment 350,000 350,000 - 83,114 23.75% - 0.00% 1600 Non-Departmental Total 383,200 383,200 - 83,114 21.69% - 100.00% 101 GENERAL FUND TOTAL $ 1,511,810 $ 1,511,810 $ 80,881 $ 716,606 47.40% $ 670,813 6.83% TOTAL FINANCE $ 1,511,810 $ 1,511,810 $ 80,881 $ 716,606 47.40% $ 670,813 6.83% Finance-Del Rosario
January 2026 General Fund Expenditures (58% of year)
FY 2025/26
Amended
Budget
Activity
During
January
Year to Date
Actual *
% Change
From Prior
Year
FY 2025/26
Adopted
Budget
FY 2025/26
* = Actual data is reported through June.

Acct. No. Description % of Budget
101 General Fund
2000 Public Safety-Administration
501110 Regular Full-Time Wages 117,610 117,610 8,476 62,915 53.49% $ 61,443 2.40% 501140 Overtime - - - - 0.00% $ 66,362 100.00%
502105 Workers' Compensation Allocation 2,075 2,075 - 1,072 51.66% $ 1,081 -0.87% 502110 Health/Life Insurance Allocation 7,220 7,220 276 3,068 42.49% $ 9,829 -68.79% 502111 Medical In-Lieu Pay 2,100 2,100 210 1,468 69.90% $ 1,587 -7.51% 502112 Medical Insurance Premiums - - 276 276 0.00% $ - 0.00% 502115 Unemployment Allocation 125 125 97 97 77.23% $ 240 -59.79% 502130 Other Employee Benefits Allocation - - - - 0.00% $ 83 100.00% 502134 Leave Accrual - - - - 0.00% $ - 0.00%
502140 Medicare 1,595 1,595 124 920 57.70% $ 1,858 -50.47% 503110 Retirement Contributions 36,520 36,520 3,013 21,577 59.08% $ 20,398 5.78% 606100 Professional Services - - - - 0.00% $ - 0.00%
608100 Landscaping Services 4,965 4,965 - 4,819 97.06% $ 4,819 0.00% 610110 Memberships and Dues 600 600 - - 0.00% $ - 0.00% 610120 Training 500 500 - - 0.00% $ - 0.00%
621110 Office Supplies 1,500 1,500 812 1,256 83.72% $ 812 54.65% 621120 Program Supplies 70,200 70,200 4,430 60,929 86.79% $ 148,306 -58.92% 621130 Uniforms and Boots 4,500 4,500 - 183 4.07% $ 3,261 -94.38% 622120 Equipment, Furnishings, Tools 500 500 - (162) -32.32% $ - 0.00% 623100 Public Notices - - - - 0.00% $ 442 100.00%
623110 Postage and Shipping 150 150 - - 0.00% $ - 0.00% 630120 Liability Insurance Charge 95,275 95,275 7,940 55,577 58.33% $ 61,540 -9.69% 700450 Equipment-General - - - - 0.00% $ - 0.00%
2000 Public Safety-Admin Total 345,435 345,435 25,654 213,995 61.95% $ 382,061 -43.99% 2010 Emergency Preparedness
621120 Program Supplies $ 5,000 $ 5,000 $ - $ - 0.00% $ 982 -100.00% 2010 Emergency Preparedness Services 5,000 5,000 - - 0.00% $ 982 -100.00% 2100 Law Enforcement Services
601121 Sheriff Contract Services 16,177,065 16,177,065 2,696,177 10,784,709 66.67% $ 8,248,444 30.75% 604100 Communications Telecommunication 57,790 57,790 10,948 32,842 56.83% $ 35,341 -7.07% 606100 Professional Services 14,490 14,490 - 6,035 41.65% $ - 0.00% 608100 Landscaping Services - - - - 0.00% $ 7,014 100.00% 621110 Office Supplies 4,000 4,000 - 881 22.02% $ 257 242.49% 621120 Program Supplies 1,500 1,500 339 1,227 81.82% $ 75,999 -98.39% 621150 Fuel 3,000 3,000 610 1,296 43.20% $ 991 30.75%
630110 Fleet Maintenance Charge 10,875 10,875 906 6,344 58.33% $ 7,353 -13.72% 2100 Law Enforcement Services Total 16,268,720 16,268,720 2,708,981 10,833,334 66.59% $ 8,375,399 29.35% 2200 Fire Protection Services
601131 Orange County Fire Dept Contract 5,983,230 5,983,230 - 2,995,743 50.07% $ 2,859,788 4.75% 621120 Program Supplies 56,575 56,575 - 27,815 49.16% $ 26,940 3.25% 2200 Fire Protection Services Total 6,039,805 6,039,805 - 3,023,558 50.06% $ 2,886,728 4.74% 2230 Ambulance Services
606125 Ambulance Services 2,500 2,500 - 655 26.20% $ 127 413.93% 2230 Ambulance Services Total 2,500 2,500 - 655 26.20% $ 127 413.93% % Change
From Prior
Year
FY 2024/25
Actual*
Public Safety-Wren
January 2026 General Fund Expenditures (58% of year)
FY 2025/26
Amended
Budget
Activity During
January
Year to Date
Actual *
FY 2025/26
Adopted
Budget
FY 2025/26
* = Actual data is reported through June.

Acct. No. Description % of Budget
% Change
From Prior
Year
FY 2024/25
Actual*
Public Safety-Wren
January 2026 General Fund Expenditures (58% of year)
FY 2025/26
Amended
Budget
Activity During
January
Year to Date
Actual *
FY 2025/26
Adopted
Budget
FY 2025/26
2300 Homeless Outreach Services
501110 Regular Full-Time Wages 44,950 44,950 3,331 24,821 55.22% $ 86,361 -71.26% 502105 Workers' Compensation Allocation 820 820 - 410 49.97% $ 1,520 -73.04% 502110 Health/Life Insurance Allocation 6,850 6,850 278 3,219 46.99% $ 7,790 -58.69% 502111 Medical In-Lieu Pay - - - - 0.00% $ 2,070 -100.00% 502112 Medical Insurance Premiums - - 278 278 0.00% $ - 100.00% 502115 Unemployment Allocation 75 75 60 60 79.96% $ 281 -78.64% 502130 Other Employee Benefits Allocation - - - - 0.00% $ 117 -100.00% 502134 Leave Accrual - - - - 0.00% $ - 100.00%
502140 Medicare 620 620 47 348 56.20% $ 1,274 -72.66%
503110 Retirement Contributions 12,065 12,065 989 7,039 58.34% $ 24,040 -70.72% 601133 Navigation Centers 260,575 260,575 - - 0.00% $ - 0.00% 622120 Equipment, Furnishings, Tools - - - - 0.00% $ - 100.00% 630110 Fleet Maintenance Charge 8,565 8,565 714 4,996 58.33% $ - 100.00% 2300 Homeless Outreach Srvs Total 334,520 334,520 5,697 41,171 12.31% $ 123,454 -66.65% 2400 Animal Control Services
601132 Animal Control Services 232,640 232,640 - 75,045 32.26% $ 125,076 -40.00% 2400 Animal Control Services Total 232,640 232,640 - 75,045 32.26% $ 125,076 -40.00% 2500 Code Enforcement
501110 Regular Full-Time Wages 481,110 481,110 35,491 264,205 54.92% $ 250,758 5.36% 501120 Regular-Part Time Wages 32,365 32,365 681 4,831 14.93% $ 23,179 -79.16% 501140 Overtime 100 100 - - 0.00% $ 233 -100.00%
502105 Workers' Compensation Allocation 9,355 9,355 - 4,680 50.03% $ 4,821 -2.92% 502110 Health/Life Insurance Allocation 70,955 70,955 2,857 32,902 46.37% $ 25,472 29.17% 502111 Medical In-Lieu Pay 3,600 3,600 292 1,916 53.21% $ 2,352 -18.56% 502112 Medical Insurance Premiums - - 2,857 2,857 0.00% $ - 100.00% 502115 Unemployment Allocation 780 780 534 534 68.48% $ 654 -18.29% 502130 Other Employee Benefits Allocation - - - - 0.00% $ 372 -100.00% 502134 Leave Accrual - - - 4,219 0.00% $ 3,100 36.09%
502140 Medicare 7,120 7,120 514 3,898 54.75% $ 4,004 -2.66% 503110 Retirement Contributions 149,705 149,705 12,161 87,094 58.18% $ 81,210 7.25% 606100 Professional Services 9,000 9,000 - 5,270 58.56% $ 4,371 20.57% 608100 Landscaping Services - - - - 0.00% $ 28,140 -100.00% 608200 Repair & Maintenance-Equipment 1,000 1,000 - - 0.00% $ 194 -100.00% 610110 Memberships and Dues 600 600 - 600 100.00% $ 500 20.00% 610115 Travel and Conferences 500 500 - - 0.00% $ 134 -100.00% 610120 Training 500 500 - - 0.00% $ - 0.00%
621110 Office Supplies 2,000 2,000 - 977 48.87% $ 1,007 -2.97% 621120 Program Supplies 3,750 3,750 - 3,746 99.90% $ - 100.00% 622110 Books and Publications - - - - 0.00% $ - 0.00%
622120 Equipment, Furnishings, Tools 250 250 117 294 117.51% $ 1,757 83.28% 623110 Postage and Shipping 2,500 2,500 384 2,777 111.09% $ 2,316 19.91% 630110 Fleet Maintenance Charge 14,040 14,040 1,170 8,190 58.33% $ 10,943 -25.16% 2500 Code Enforcement Total 789,230 789,230 57,058 428,991 54.36% $ 445,518 -3.71% * = Actual data is reported through June.

Acct. No. Description % of Budget
FY 2024/25
Actual*
101 General Fund
3000 Public Works Administration
501110 Regular Full-Time Wages $ 371,260 $ 371,260 $ 27,154 $ 201,403 54.25% $ 204,513 -1.52% 501120 Regular-Part Time Wages 19,645 19,645 3,685 14,266 72.62% 5,488 159.94% 502105 Workers' Compensation Allocation 7,030 7,030 - 3,563 50.69% 3,696 -3.59% 502110 Health/Life Insurance Allocation 52,605 52,605 2,674 26,203 49.81% 25,848 1.37% 502111 Medical In-Lieu Pay 350 350 46 92 26.38% - 0.00% 502112 Medical Insurance Premiums - - 2,674 2,674 0.00% - 0.00% 502115 Unemployment Allocation 575 575 409 409 71.05% 343 18.94% 502130 Other Employee Benefits Allocation - - - - 0.00% 285 100.00% 502134 Leave Accrual - - - - 0.00% 1,900 100.00%
502140 Medicare 5,305 5,305 431 3,056 57.61% 2,989 2.23% 503110 Retirement Contributions 101,825 101,825 8,423 60,006 58.93% 58,251 3.01% 610110 Memberships and Dues 1,250 1,250 - 532 42.52% 516 3.00% 610115 Travel and Conferences 3,450 3,450 118 523 15.16% 836 -37.43% 610120 Training 1,000 1,000 325 325 32.50% 100 225.00%
621110 Office Supplies 1,500 1,500 - 471 31.43% 202 132.88% 622110 Books and Publications 200 200 - - 0.00% - 0.00% 623110 Postage and Shipping 200 200 2 53 26.42% 29 82.87% 630110 Fleet Maintenance Charge - - - - 0.00% - 0.00%
630120 Liability Insurance Charge 83,880 83,880 6,990 48,930 58.33% 61,240 -20.10% 3000 Public Works Administration Total 650,075 650,075 52,931 362,506 55.76% 366,238 -1.02% 3100 Engineering
501110 Regular Full-Time Wages 156,835 156,835 10,070 86,941 55.43% 88,733 -2.02% 501120 Regular-Part Time Wages - - - - 0.00% - 0.00%
501140 Overtime 1,000 1,000 - - 0.00% - 0.00%
502105 Workers' Compensation Allocation 2,940 2,940 - 1,430 48.62% 1,562 -8.46% 502110 Health/Life Insurance Allocation 15,975 15,975 842 7,842 49.09% 7,777 0.83% 502111 Medical In-Lieu Pay - - - 191 0.00% 682 -71.97%
502112 Medical Insurance Premiums - - 804 804 0.00% - 0.00% 502115 Unemployment Allocation 170 170 137 196 115.01% 196 -0.10% 502130 Other Employee Benefits Allocation - - - - 0.00% 120 100.00% 502134 Leave Accrual - - - 178 0.00% - 0.00%
502140 Medicare 2,260 2,260 143 1,257 55.62% 1,297 -3.05% 503110 Retirement Contributions 44,265 44,265 3,326 24,110 54.47% 25,279 -4.62% 601120 Payments to County Government - - - 5,500 0.00% - 0.00% 606110 Engineering Services 119,500 119,500 - 31,937 26.73% 18,040 77.03% 606115 Inspection Services 10,000 10,000 20,955 20,955 209.55% 1,680 1147.32% 606120 Plan Check Services 10,000 16,000 - 6,455 40.34% - 0.00% 621120 Program Supplies 1,000 1,000 - - 0.00% 192 100.00% 621130 Uniforms and Boots 1,000 1,000 - 609 60.92% 345 76.78% 630110 Fleet Maintenance Charge 12,635 12,635 1,053 7,370 58.33% 8,543 -13.72% 3100 Engineering Total 377,580 383,580 37,329 195,774 51.04% 154,445 26.76% % Change
From Prior
Year
Public Works-Rangel
January 2026 General Fund Expenditures (58% of year)
FY 2025/26
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2025/26
Adopted
Budget
FY 2025/26
* = Actual data is reported through June.

Acct. No. Description % of Budget
FY 2024/25
Actual*
% Change
From Prior
Year
Public Works-Rangel
January 2026 General Fund Expenditures (58% of year)
FY 2025/26
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2025/26
Adopted
Budget
FY 2025/26
3200 Public Facilities
501110 Regular Full-Time Wages 62,430 62,430 5,245 43,721 70.03% 46,446 -5.87% 501140 Overtime 2,000 2,000 707 3,342 167.10% 1,821 83.51% 502105 Workers' Compensation Allocation 1,135 1,135 - 569 50.14% 817 -30.39% 502110 Health/Life Insurance Allocation 9,625 9,625 504 7,014 72.88% 6,059 15.76% 502111 Medical In-Lieu Pay 1,260 1,260 41 508 40.29% 746 -31.99% 502112 Medical Insurance Premiums - - 562 562 0.00% - 0.00% 502115 Unemployment Allocation 145 145 106 106 73.17% 125 -15.36% 502130 Other Employee Benefits Allocation - - - - 0.00% 63 100.00% 502134 Leave Accrual - - - - 0.00% - 0.00%
502140 Medicare 885 885 85 675 76.31% 704 -4.04%
503110 Retirement Contributions 16,800 16,800 1,403 10,325 61.46% 12,888 -19.89% 601110 Payments to State Government - - - 225 0.00% - 0.00% 601135 Co Sanitation Dist User Fee 14,700 14,700 - 7,269 49.45% 7,023 3.50% 604100 Communications Telecommunication 1,000 1,000 80 466 46.56% 503 -7.43% 604110 Electricity 187,000 187,000 18,601 109,722 58.68% 115,802 -5.25% 604120 Water 44,000 44,000 2,709 16,982 38.60% - 0.00%
604130 Natural Gas 7,000 7,000 1,185 3,072 43.89% - 0.00% 604140 Sewer Services - - - 1,992 0.00% - 0.00%
606100 Professional Services 78,750 78,750 4,922 43,541 55.29% - 0.00% 608100 Landscaping Services 22,000 22,000 1,705 17,087 77.67% 86,996 -80.36% 608110 Janitorial Services 85,000 85,000 6,469 25,391 29.87% - 0.00% 608200 Repair & Maintenance-Equipment 12,000 12,000 - 5,730 47.75% - 0.00% 608210 Repairs & Maintenance-Facilities - - - 2,318 0.00% - 0.00% 610120 Training - - - - 0.00% - 0.00%
621110 Office Supplies 5,000 5,000 589 1,997 39.93% 1,094 82.44% 621120 Program Supplies 9,000 9,000 673 2,483 27.59% 3,787 -34.43% 621130 Uniforms and Boots 8,000 8,000 - 4,812 60.14% 6,538 -26.41% 621140 Building Maintenance 130,250 130,250 8,232 45,458 34.90% 76,675 -40.71% 622120 Equipment, Furnishings, Tools 500 500 - - 0.00% 265 100.00% 630110 Fleet Maintenance Charge 7,595 7,595 633 4,430 58.33% 5,133 -13.69% 700450 Equipment-General - - - - 0.00% - 0.00%
750140 Construction - - - - 0.00% - 0.00%
3200 Public Facilities Total 706,075 706,075 54,452 359,797 50.96% 373,488 -3.67% 3300 Crossing Guard
607115 Crossing Guard Services 69,080 69,080 11,591 37,710 54.59% 30,206 24.84% 3300 Crossing Guard Total 69,080 69,080 11,591 37,710 54.59% 30,206 24.84% 3400 Parks Maintenance
501110 Regular Full-Time Wages 105,835 105,835 4,986 47,230 44.63% 56,317 -16.14% 501140 Overtime 3,000 3,000 179 687 22.91% 1,796 -61.74% 502105 Workers' Compensation Allocation 1,945 1,945 - 965 49.60% 991 -2.67% 502110 Health/Life Insurance Allocation 16,500 16,500 556 5,459 33.08% 6,530 -16.41% 502111 Medical In-Lieu Pay 2,100 2,100 23 700 33.35% 1,202 -41.72% 502112 Medical Insurance Premiums - - 393 393 0.00% - 0.00% 502115 Unemployment Allocation 250 250 92 92 36.97% 216 -57.12% 502130 Other Employee Benefits Allocation - - - - 0.00% 76 100.00% 502134 Leave Accrual - - - - 0.00% - 0.00%
502140 Medicare 1,510 1,510 74 695 46.00% 850 -18.30%
503110 Retirement Contributions 28,830 28,830 2,071 15,344 53.22% 15,604 -1.67% 604110 Electricity 150,000 150,000 4,778 68,995 46.00% 127,615 -45.94% 604120 Water 100,000 100,000 10,750 79,003 79.00% - 0.00% 608100 Landscaping Services 372,000 375,278 23,292 166,026 44.24% 130,045 27.67% 608105 Splash Pad Maintenance 17,500 17,500 - 7,800 44.57% - 0.00% 608200 Repair & Maintenance-Equipment 25,000 25,000 403 2,548 10.19% 15,870 -83.95% 621120 Program Supplies 7,400 7,400 - 246 3.33% 4,981 -95.06% 623140 Land Lease 35,290 35,290 2,575 21,952 62.20% 3,805 476.96% 630110 Fleet Maintenance Charge 11,045 11,045 920 6,443 58.33% 7,467 -13.71% * = Actual data is reported through June.

Acct. No. Description % of Budget
FY 2024/25
Actual*
% Change
From Prior
Year
Public Works-Rangel
January 2026 General Fund Expenditures (58% of year)
FY 2025/26
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2025/26
Adopted
Budget
FY 2025/26
701100 Dotson Park Improvements - - - - 0.00% - 0.00%
3400 Parks Maintenance Total 878,205 881,483 51,093 424,577 48.17% 373,366 13.72% 3500 Street Maintenance
501110 Regular Full-Time Wages 106,110 106,110 6,660 50,847 47.92% 46,361 9.68% 501140 Overtime 3,500 3,500 214 1,944 55.53% 1,735 12.03% 502105 Workers' Compensation Allocation 1,890 1,890 - 967 51.17% 816 18.54% 502110 Health/Life Insurance Allocation 13,880 13,880 650 6,478 46.67% 4,384 47.78% 502111 Medical In-Lieu Pay 2,100 2,100 111 963 45.84% 1,201 -19.87% 502112 Medical Insurance Premiums - - 629 629 0.00% - 0.00% 502115 Unemployment Allocation 220 220 118 118 53.81% 172 -31.28% 502130 Other Employee Benefits Allocation - - - - 0.00% 63 100.00% 502134 Leave Accrual - - - - 0.00% - 0.00%
502140 Medicare 1,475 1,475 99 768 52.06% 709 8.26%
503110 Retirement Contributions 28,030 28,030 2,215 15,769 56.26% 12,849 22.72% 608100 Landscaping Services 53,750 53,750 576 39,882 74.20% 49,109 -18.79% 608115 Street Sweeping Services 150,000 150,000 37,324 62,206 41.47% - 0.00% 608200 Repair & Maintenance-Equipment - - - - 0.00% - 0.00% 608220 Alley Improvements 10,000 10,000 - - 0.00% 4,850 100.00% 608225 Citywide Sidewalk Repair 5,000 5,000 - - 0.00% - 0.00% 621120 Program Supplies 40,000 40,000 4,100 20,884 52.21% 17,503 19.32% 622120 Equipment, Furnishings, Tools 2,000 2,000 - 752 37.58% - 0.00% 630110 Fleet Maintenance Charge - - - - 0.00% - 0.00%
3500 Street Maintenance Total 417,955 417,955 52,695 202,207 48.38% 139,753 44.69% 3600 Storm Drain Maintenance
501140 Overtime - - - - 0.00% - 0.00%
502140 Medicare - - - - 0.00% - 0.00%
606100 Professional Services 198,000 198,000 11,892 125,275 63.27% 104,004 20.45% 608100 Landscaping Services - - - - 0.00% - 0.00%
608130 Storm Drain Maintenance Services 10,000 10,000 1,387 1,387 13.87% - 0.00% 621120 Program Supplies - - - - 0.00% - 0.00%
3600 Storm Drain Maintenance Total 208,000 208,000 13,279 126,662 60.90% 104,004 21.79% 3540 Graffiti Abatement
501110 Regular Full-Time Wages 48,045 48,045 2,623 19,370 40.32% 18,540 4.47% 501140 Overtime 9,000 9,000 1,423 7,079 78.65% 4,169 69.79% 502105 Workers' Compensation Allocation 785 785 - 438 55.79% 326 34.21% 502110 Health/Life Insurance Allocation 1,735 1,735 268 3,791 218.53% 772 391.21% 502111 Medical In-Lieu Pay 2,100 2,100 158 1,085 51.67% 1,138 -4.62% 502112 Medical Insurance Premiums - - 359 359 0.00% - 0.00% 502115 Unemployment Allocation 90 90 75 75 83.49% 90 -16.32% 502130 Other Employee Benefits Allocation - - - - 0.00% 25 100.00% 502134 Leave Accrual - - - - 0.00% - 0.00%
502140 Medicare 620 620 60 393 63.39% 345 13.98%
503110 Retirement Contributions 11,670 11,670 980 6,879 58.95% 5,139 33.86% 608200 Repair & Maintenance-Equipment 5,000 5,000 - 1,529 30.59% 2,181 -29.89% 621120 Program Supplies 25,000 25,000 3,290 11,853 47.41% 9,390 26.22% 630110 Fleet Maintenance Charge 14,840 14,840 1,237 8,657 58.33% 10,033 -13.72% 3540 Graffiti Abatement Total 118,885 118,885 10,473 61,508 51.74% 52,149 17.95% TOTAL PUBLIC WORKS $ 3,425,855 $ 3,435,133 $ 283,843 $ 1,770,743 51.55% $ 1,593,649 11.11% * = Actual data is reported through June.

Acct. No. Description
% of
Budget
FY 2024/25
Actual*
101 General Fund
4000 Community Development Administration
501110 Regular Full-Time Wages $ 276,190 $ 276,190 $ 20,059 $ 148,852 53.89% $ 143,131 4.00% 501140 Overtime - - - 144 0.00% - 0.00%
502105 Workers' Compensation Allocation 4,925 4,925 - 2,518 51.12% 2,519 -0.06% 502110 Health/Life Insurance Allocation 14,095 14,095 565 6,542 46.41% 6,658 -1.75% 502111 Medical In-Lieu Pay 4,200 4,200 350 2,275 54.17% 2,533 -10.20% 502112 Medical Insurance Premiums - - 565 565 0.00% - 0.00% 502115 Unemployment Allocation 280 280 222 222 79.19% 279 -20.60% 502130 Other Employee Benefits Allocation - - 203 338 0.00% 194 74.10% 502134 Leave Accrual - - - - 0.00% - 0.00%
502140 Medicare 3,775 3,775 287 2,128 56.36% 2,063 3.13% 503110 Retirement Contributions 78,485 78,485 6,452 46,042 58.66% 42,869 7.40% 602110 Relocation Assistance - - 69 69 0.00% - 0.00%
610110 Memberships and Dues 1,600 1,600 - - 0.00% - 0.00% 610115 Travel and Conferences - - - - 0.00% 134 100.00% 610120 Training 1,200 1,200 - - 0.00% - 0.00%
621110 Office Supplies 2,500 2,500 - 1,117 44.69% 4,397 -74.59% 622110 Books and Publications 1,200 1,200 - - 0.00% - 0.00% 622120 Equipment, Furnishings, Tools - - - - 0.00% - 0.00% 630110 Fleet Maintenance Charge 335 335 28 195 58.34% 225 -12.97% 630120 Liability Insurance Charge 69,950 69,950 5,829 40,804 58.33% 49,800 -18.06% 4000 Community Development Administration Total 458,735 458,735 34,629 251,810 54.89% $ 254,803 -1.17% 4100 Planning
501110 Regular Full-Time Wages 382,550 382,550 27,743 190,210 49.72% 142,435 33.54% 501140 Overtime 1,200 1,200 - 1,178 98.16% 1,422 -17.15% 502105 Workers' Compensation Allocation 7,140 7,140 - 3,487 48.84% 2,507 39.10% 502110 Health/Life Insurance Allocation 68,580 68,580 1,688 17,798 25.95% 18,092 -1.63% 502111 Medical In-Lieu Pay - - 406 2,635 0.00% 1,019 158.70% 502112 Medical Insurance Premiums - - 1,683 1,683 0.00% - 0.00% 502115 Unemployment Allocation 590 590 457 604 102.30% 341 76.80% 502130 Other Employee Benefits Allocation - - - - 0.00% 193 100.00% 502134 Leave Accrual - - - - 0.00% 296 100.00%
502140 Medicare 5,645 5,645 418 2,888 51.17% 2,161 33.66% 503110 Retirement Contributions 108,645 108,645 8,365 58,230 53.60% 39,495 47.44% 504120 Commissioner Stipends 9,000 9,000 692 5,192 57.69% 4,223 22.95% 606100 Professional Services - - - - 0.00% - 0.00%
606130 Temporary Staffing Services-Professional - - - - 0.00% - 0.00% 610110 Memberships and Dues 1,200 1,200 - 175 14.58% 522 -66.48% 610115 Travel and Conferences 8,200 8,200 - 4,184 51.02% 25 16634.00% 610120 Training 1,050 1,050 - - 0.00% - 0.00%
621110 Office Supplies - - - - 0.00% - 0.00%
621120 Program Supplies - - - - 0.00% - 0.00%
622110 Books and Publications - - - - 0.00% - 0.00%
623100 Public Notices 10,000 10,000 4,043 13,165 131.65% 6,425 104.91% 623110 Postage and Shipping 700 700 7 (4,339) -619.80% 5 -88824.34% 630110 Fleet Maintenance Charge 1,000 1,000 83 583 58.33% 677 -13.80% 4100 Planning Total 605,500 605,500 45,586 297,673 49.16% 219,838 35.41% 4200 Building
501110 Regular Full-Time Wages 64,830 64,830 4,894 36,400 56.15% 35,113 3.66% 501140 Overtime - - - - 0.00% - 0.00%
502105 Workers' Compensation Allocation 1,225 1,225 - 591 48.24% 618 -4.38% 502110 Health/Life Insurance Allocation 27,140 27,140 889 10,235 37.71% 706 1348.83% 502111 Medical In-Lieu Pay - - - (263) 0.00% 2,275 -111.54% 502112 Medical Insurance Premiums - - 889 889 0.00% - 0.00% 502115 Unemployment Allocation 145 145 88 88 60.76% 147 -40.07% 502130 Other Employee Benefits Allocation - - - - 0.00% 48 100.00% 502134 Leave Accrual - - - - 0.00% - 0.00%
502140 Medicare 925 925 67 495 53.53% 542 -8.67%
Community Development-Landavazo
January 2026 General Fund Expenditures (58% of year)
FY 2025/26
Amended
Budget
Activity
During
January
Year to Date
Actual *
% Change
From Prior
Year
FY 2025/26
Adopted
Budget
FY 2025/26
* = Actual data is reported through June.

Acct. No. Description
% of
Budget
FY 2024/25
Actual*
Community Development-Landavazo
January 2026 General Fund Expenditures (58% of year)
FY 2025/26
Amended
Budget
Activity
During
January
Year to Date
Actual *
% Change
From Prior
Year
FY 2025/26
Adopted
Budget
FY 2025/26
503110 Retirement Contributions 19,395 19,395 1,433 10,199 52.59% 9,774 4.35% 601110 Payments to State Government - - 120 849 0.00% - 0.00% 601135 Co Sanitation Dist User Fee 2,250 2,250 - - 0.00% 954 100.00% 606100 Professional Services 50,000 50,000 - - 0.00% - 0.00% 606115 Inspection Services 266,400 266,400 28,368 120,438 45.21% 79,303 51.87% 606120 Plan Check Services 110,000 110,000 25,006 64,824 58.93% 66,094 -1.92% 606130 Temporary Staffing Services-Professional - - - - 0.00% - 0.00% 610110 Memberships and Dues 1,200 1,200 - 260 21.67% - 0.00% 610115 Travel and Conferences 500 500 - - 0.00% - 0.00% 610120 Training 1,000 1,000 - 645 64.50% - 0.00%
621110 Office Supplies - - - - 0.00% - 0.00%
622110 Books and Publications 1,700 1,700 - 487 28.65% 1,265 -61.50% 623110 Postage and Shipping 200 200 18 171 85.44% 101 69.62% 630110 Fleet Maintenance Charge 335 335 28 195 58.34% 225 -12.97% 4200 Building Total 547,245 547,245 61,799 246,504 45.04% 197,165 25.02% 4400 Economic Development
501110 Regular Full-Time Wages - - - - 0.00% - 0.00%
501140 Overtime - - - - 0.00% - 0.00%
502105 Workers' Compensation Allocation - - - - 0.00% - 0.00% 502110 Health/Life Insurance Allocation - - - - 0.00% - 0.00% 502115 Unemployment Allocation - - - - 0.00% - 0.00%
502130 Other Employee Benefits Allocation - - - - 0.00% - 0.00% 502140 Medicare - - - - 0.00% - 0.00%
503110 Retirement Contributions - - - - 0.00% - 0.00%
608100 Landscaping Services 3,000 3,000 - - 0.00% - 0.00% 610110 Memberships and Dues - - - - 0.00% 920 100.00%
610115 Travel and Conferences 1,500 1,500 - 892 59.45% - 0.00% 610120 Training 1,000 1,000 - 920 92.00% - 0.00%
623165 Community Events 5,000 5,000 - - 0.00% - 0.00%
630110 Fleet Maintenance Charge - - - - 0.00% 225 100.00% 4400 Economic Development Total 10,500 10,500 - 1,812 17.26% 1,145 58.29% TOTAL COMMUNITY DEVELOPMENT $ 1,621,980 $ 1,621,980 $ 142,013 $ 797,799 49.19% $ 672,951 18.55% * = Actual data is reported through June.

Acct. No. Description % of Budget
101 General Fund
5000 Community Services Administration
501110 Regular Full-Time Wages 406,245 406,245 29,037 216,715 53.35% 207,937 4.22% 501120 Regular-Part Time Wages - 21,000 2,920 20,501 97.62% 476 4205.88% 501140 Overtime - - - 496 0.00% 300 65.19%
502105 Workers' Compensation Allocation 7,285 7,285 - 3,703 50.83% 3,668 0.95% 502110 Health/Life Insurance Allocation 38,890 38,890 1,560 18,065 46.45% 19,328 -6.54% 502111 Medical In-Lieu Pay 6,000 6,000 500 3,250 54.17% 3,250 0.00% 502112 Medical Insurance Premiums - - 1,539 1,539 0.00% - 0.00% 502115 Unemployment Allocation 405 405 369 478 118.10% 404 18.31% 502130 Other Employee Benefits Allocation - - - - 0.00% 283 100.00% 502134 Leave Accrual - - - - 0.00% 3,624 100.00%
502140 Medicare 5,580 5,580 452 3,380 60.57% 3,024 11.76% 503110 Retirement Contributions 120,690 120,690 9,826 70,467 58.39% 65,060 8.31% 605120 Digital Product and Subscription - - - 115 0.00% - 0.00% 610110 Memberships and Dues 550 550 - - 0.00% 170 100.00% 610115 Travel and Conferences - - - - 0.00% - 0.00%
610120 Training 6,650 6,650 - 158 2.38% 275 -42.47%
621110 Office Supplies 4,000 4,000 168 1,480 37.00% 1,985 -25.46% 621120 Program Supplies 4,725 4,725 (2,961) 304 6.44% 5,755 -94.71% 621140 Building Maintenance 10,600 10,600 450 2,600 24.53% 2,475 5.05% 623110 Postage and Shipping 1,000 1,000 23 402 40.23% 311 29.22% 623145 Equipment Rental - - - 2,668 0.00% - 0.00%
623160 Mileage Reimbursement - - - 43 0.00% - 0.00%
623165 Community Events 100,300 100,800 21,819 46,195 45.83% 39,072 18.23% 630110 Fleet Maintenance Charge 13,585 13,585 1,132 7,925 58.33% 8,738 -9.31% 630120 Liability Insurance Charge 108,060 108,060 9,005 63,035 58.33% 82,670 -23.75% 5000 Community Services Administration Total 834,565 856,065 75,839 463,517 54.15% 448,807 3.28% 5100 Public Information Office
501110 Regular Full-Time Wages $ 97,565 $ 97,565 $ 6,868 $ 48,253 49.46% $ 49,352 -2.23% 501140 Overtime - - - 42 0.00% - 0.00%
502105 Workers' Compensation Allocation 1,820 1,820 - 889 48.86% 869 2.39% 502110 Health/Life Insurance Allocation 4,190 4,190 1,021 10,974 261.90% 2,052 434.75% 502111 Medical In-Lieu Pay 4,200 4,200 - - 0.00% 2,275 100.00% 502112 Medical Insurance Premiums - - 1,014 1,014 0.00% - 0.00% 502115 Unemployment Allocation 185 185 109 256 138.60% 308 -16.75% 502130 Other Employee Benefits Allocation - - (259) (537) 0.00% (134) 301.64% 502134 Leave Accrual - - - - 0.00% 1,208 100.00%
502140 Medicare 1,460 1,460 95 669 45.84% 766 -12.63%
503110 Retirement Contributions 27,220 27,220 2,117 14,832 54.49% 13,738 7.96% 605120 Digital Product and Subscription 2,500 2,500 501 788 31.53% 1,322 -40.38% 606100 Professional Services - - - - 0.00% 6,000 100.00% 610110 Memberships and Dues 300 300 - (99) -33.00% - 0.00% 610120 Training - - - - 0.00% - 0.00%
621120 Program Supplies 2,500 70,382 6,293 22,982 32.65% - 0.00% 5100 Public Information Office 141,940 209,822 17,760 100,064 47.69% 77,756 28.69% Community Service - Bobadilla
January 2026 General Fund Expenditures (58% of year)
FY 2025/26
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2024/25
Actual*
FY 2025/26
Adopted
Budget
FY 2025/26
% Change
From Prior
Year
* = Actual data is reported through June.

Acct. No. Description % of Budget
Community Service - Bobadilla
January 2026 General Fund Expenditures (58% of year)
FY 2025/26
Amended
Budget
Activity
During
January
Year to Date
Actual *
FY 2024/25
Actual*
FY 2025/26
Adopted
Budget
FY 2025/26
% Change
From Prior
Year
5200 Family Resource Center Operations
501110 Regular Full-Time Wages 77,170 77,170 5,463 36,821 47.71% 40,573 -9.25% 501120 Regular-Part Time Wages 26,360 26,360 1,097 3,930 14.91% 26,060 -84.92% 501140 Overtime - - - 7 0.00% - 0.00%
502105 Workers' Compensation Allocation 1,895 1,895 - 944 49.80% 1,173 -19.53% 502110 Health/Life Insurance Allocation 13,855 13,855 552 5,694 41.10% 6,699 -15.01% 502111 Medical In-Lieu Pay 540 540 46 346 64.11% 1,039 -66.67% 502112 Medical Insurance Premiums - - 511 511 0.00% - 0.00% 502115 Unemployment Allocation 280 280 119 261 93.19% 279 -6.47% 502130 Other Employee Benefits Allocation - - - - 0.00% 90 100.00% 502134 Leave Accrual - - - 1,643 0.00% - 0.00%
502140 Medicare 1,490 1,490 93 606 40.66% 966 -37.28%
503110 Retirement Contributions 26,000 26,000 1,878 12,380 47.62% 13,083 -5.37% 606100 Professional Services - - - - 0.00% 28,876 100.00% 621110 Office Supplies 1,000 1,000 33 234 23.39% 679 -65.54% 621120 Program Supplies 3,500 3,500 111 231 6.61% 2,554 -90.94% 621140 Building Maintenance 2,900 2,900 197 1,097 37.84% 900 21.93% 622120 Equipment, Furnishings, Tools - - - - 0.00% - 0.00% 630110 Fleet Maintenance Charge - - - - 0.00% - 0.00%
5200 Family Resource Center Operations 154,990 154,990 10,100 64,705 41.75% 122,970 -47.38% 5300 Park Operations
501110 Regular Full-Time Wages 74,110 74,110 5,768 41,729 56.31% 38,917 7.23% 501120 Regular-Part Time Wages 197,605 176,605 11,449 96,098 54.41% 108,795 -11.67% 501140 Overtime - - - - 0.00% 279 100.00%
502105 Workers' Compensation Allocation 5,100 5,100 - 2,477 48.56% 2,600 -4.75% 502110 Health/Life Insurance Allocation 15,400 15,400 552 6,303 40.93% 6,693 -5.82% 502111 Medical In-Lieu Pay 5,440 5,440 162 1,292 23.76% 1,154 12.00% 502112 Medical Insurance Premiums - - 552 552 0.00% - 0.00% 502115 Unemployment Allocation 1,530 1,530 313 762 49.79% 1,227 -37.90% 502130 Other Employee Benefits Allocation - - - - 0.00% 200 100.00% 502134 Leave Accrual - - - 300 0.00% - 0.00%
502140 Medicare 3,950 3,950 252 2,022 51.18% 2,162 -6.51% 503110 Retirement Contributions 20,060 20,060 1,668 11,910 59.37% 10,954 8.73% 621110 Office Supplies 3,000 3,000 355 1,756 58.52% 1,277 37.44% 621120 Program Supplies 4,000 4,000 285 363 9.08% 1,606 -77.38% 622120 Equipment, Furnishings, Tools - - - - 0.00% - 0.00% 623165 Community Events - - 84 84 0.00% - 0.00%
5300 Park Operations 330,195 309,195 21,440 165,648 53.57% 175,865 -5.81% 5400 Older Adult Programs
501110 Regular Full-Time Wages - - 213 709 0.00% - 0.00% 501120 Regular-Part Time Wages 66,135 66,135 4,266 33,845 51.18% 40,320 -16.06% 501140 Overtime - - - - 0.00% - 0.00%
502105 Workers' Compensation Allocation 1,245 1,245 - 603 48.42% 710 -15.05% 502110 Health/Life Insurance Allocation 605 605 - 94 15.49% - 0.00% 502111 Medical In-Lieu Pay 735 735 115 415 56.52% 808 -48.57% 502112 Medical Insurance Premiums - - 41 41 0.00% - 0.00% 502115 Unemployment Allocation 375 375 83 86 22.95% 63 37.32% 502130 Other Employee Benefits Allocation - - - - 0.00% 55 100.00% 502134 Leave Accrual - - - - 0.00% 111 100.00%
502140 Medicare 945 945 67 507 53.62% 598 -15.26%
503110 Retirement Contributions - - 17 56 0.00% 31 82.34% 621120 Program Supplies 1,500 1,500 148 893 59.50% 801 11.47% 700450 Equipment-General - - - - 0.00% - 0.00%
5400 Older Adult Programs 71,540 71,540 4,950 37,249 52.07% 43,495 -14.36% * = Actual data is reported through June.

Acct. No.

Description
% of Budget
101 General Fund
1600 Non-Departmental
800104 Transfer to Public Benefit Fees Fund $ - $ - $ - $ - 0.00% $ - 100.00% 800105 Transfer to Beautification Fees Fund - - - - 0.00% - 100.00% 800106 Transfer to Neighborhood Preservation Fees Fund - - - - 0.00% - 100.00% 800250 Transfer to Fact Grant 144,500 144,500 12,042 84,292 58.33% 19,502 332.21% 800251 Transfer To Senior Transport Fund 2,580 2,580 81 1,371 53.13% - 100.00% 800280 Transfer to SCP Maintenance - - - - 0.00% 63,452 -100.00% 800305 Transfer To Capital Proj Fnd 211,245 660,148 18,909 18,909 2.86% 228,426 -91.72% TOTAL TRANSFERS OUT $ 358,325 $ 807,228 $ 31,031 $ 104,571 12.95% $ 311,381 -66.42% Transfers to Other Funds-Del Rosario
January 2026 General Fund Expenditures (58% of year)
FY 2025/26
Amended
Budget
Activity
During
January
Year to Date
Actual *
% Change
From Prior
Year
FY 2024/25
Actual*
FY 2025/26
Adopted
Budget
FY 2025/26
* = Actual data is reported through June.

Fiscal Year Projected
2025/26 Ending
Increase Balance
(Decrease) Adjustments 6/30/2026

GENERAL FUNDS
Unassigned $ 21,203,259 $ 34,307,405 $ (36,279,858) $ 1,196,845 $ (807,228) $ (1,582,836) - $ 19,620,424 Unassigned - Transfer In/Out to GF Reserves/Assigned $ 1,552,832 $ 1,954,326 $ (730,000) $ 1,224,326 $ 2,777,158 Non-Spendable - Prepaid Items 162,647 - - - 162,647
Non-Spendable - Receivables 719,286 - - - 719,286
Unassigned - Economic Uncertainty (1) 6,600,000 500,000 500,000 - 7,100,000 Reserve - Emergency Disaster Continuity (1) 3,300,000 200,000 200,000 - 3,500,000 Reserve - Capital Improvement (1) 5,000,000 - - 5,000,000 Reserve -Equipment and Maintenance (1) 150,000 - - 150,000 Reserve -Technology Equipment (1) 150,000 - - 150,000
Assigned - General Plan Maintenance Surcharge (2) 30,000 30,000 - 30,000 - 60,000 Assigned for Special Projects (3) 2,755,139 (1,954,326) (1,954,326) - 800,813 Total General Fund - Budget Presentation 41,623,164 34,307,405 (36,279,858) 3,881,171 (3,491,554) (1,582,836) - 40,040,328 Unassigned - PCTA - Adminisration (12,032) - - - (12,032) Reserve - Other public benefit projects fund 104 (4) 2,396,356 140,855 - - (1,958,082) (1,817,227) 579,129 Reserve - Beautification projects fund 105 (4) 240,000 187,560 - - - 187,560 427,560 Reserve - Neighborhood Preservation projects fund 106 (4) 114,000 29,000 - (90,000) (61,000) 53,000 Reserve - Cannabis Community Benefit Fee 237,197 274,500 (64,825) (414,845) (205,170) 32,027 Unassigned - Developer Deposits 57,067 - (18,000) (18,000) 39,067 Total General Fund - ACFR Presentation $ 44,655,751 $ 34,939,320 $ (36,362,683) $ 3,881,171 $ (5,954,481) $ (3,496,673) $ - $ 41,159,079 Notes:
(1) - Per City Council Reserve Policy adopted annually. (2) - This user fee was established to fund the update to the City's General Plan. (3) - Assigned by City Council on June 13, 2023.
(4) - Effective May 31, 2025 these reserves are included to align with the General Fund persentation in the ACFR.

Note - the projected fund balance is based on the amended budget (A) - Projected balances based on prior year-end close (pending final audit)

CITY OF STANTON

GENERAL FUND

DISCRETIONARY FUND BALANCE - AMENDED BUDGET
Projected
Beginning
Balance
7/1/2025 (A)
Amended
Budget
Revenues
Amended
Budget
Expenditures
Amended
Budget
Transfers
In
Amended
Budget
Transfers Out
O:\Admin Svcs\Month End\Monthly Financial Reporting\Monthly Financials\07 January 2026\City Council Staff Report\Rev-Exp January 2026 as of 3-12-26 V4 LtoR used for CC staff report Attachment: C
Click here to return to the agenda.

Account No. Description
FY 2025/26
Adopted
Budget
FY 2025/26
Amended
Budget
Activity During
January
Year to Date
Actual * % of Budget
FY 2024/25
Actual
% Change
From Prior
Year

REVENUES
436115 Property Rental $ - $ - $ - - 0.00% - 0.00%
436140 Tina Way/Pacific Ave Prop Rent 330,000 330,000 2,626 170,333 51.62% 281,835 -39.56% 436200 Interest Earned 250,000 250,000 - 164,205 65.68% 210,800 -22.10% 436205 Unrealized Gains/Loss - - - 5,656 0.00% 35,457 -84.05% 436300 Loan Interest - - - - 0.00% - 0.00%
437135 Expense Reimbursement - - - - 0.00% - 0.00%
437145 Sales of Assets - - - - 0.00% - 0.00%
437195 Other Revenue - - - - 0.00% - 0.00%
439101 Transfer from General Fund - - - - 0.00% - 0.00% TOTAL REVENUES $ 580,000 $ 580,000 $ 2,626 $ 340,194 58.65% $ 528,093 -35.58%

EXPENDITURES AND OTHER USES
Salaries and Benefits
501110 Regular Full-Time Wages 197,440 197,440 14,334 106,510 53.95% 62,780 69.66% 501120 Regular-Part Time Wages 1,820 1,820 89 893 49.08% 765 16.74% 501140 Overtime - - - - 0.00% 5.500 -100.00%
502105 Workers' Compensation Allocation 3,555 3,555 - 1,816 51.09% 1,118 62.40% 502110 Health/Life Insurance Allocation 27,595 27,595 564 6,529 23.66% 5,658 15.40% 502112 Medical Insurance Premiums - - 559 559 0.00% - 100.00% 502111 Medical In-Lieu Pay 4,225 4,225 365 2,407 56.96% 493 388.42% 502115 Unemployment Allocation 250 250 188 191 76.23% 119 60.10% 502140 Medicare 2,775 2,775 209 1,559 56.17% 895 74.14% 502130 Other Employee Benefits Allocation - - - - 0.00% 86 -100.00% 502134 Leave Accrual - - - - 0.00% - 0.00%
503110 Retirement Contributions 54,155 54,155 4,460 31,779 58.68% 18,534 71.47% Total-Salaries and Benefits 291,815 291,815 20,767 152,243 52.17% 90,453 68.31% Maintenance and Operations
602110 Relocation Assistance $ 30,000 $ 1,921,030 $ 28,382 171,511 8.93% 604,110 -71.61% 606100 Professional Services 429,410 429,410 10,575 140,235 32.66% 242,078 -42.07% 610110 Memberships and Dues - - - - 0.00% - 0.00%
601133 Navigation Centers 39,425 39,425 - - 0.00% - 0.00% 610115 Travel and Conferences 1,500 1,500 - - 0.00% 40 100.00% 610120 Training 2,000 2,000 - - 0.00% - 0.00%
621120 Program Supplies 3,000 3,000 717 1,489 49.65% 839 77.55% 621130 Uniforms and Boots 2,500 2,500 - 1,750 70.00% 1,043 67.79% 601135 Co Sanitation Dist User Fee 30,000 30,000 - 28,674 95.58% 28,742 -0.24% 604110 Electricity 1,000 1,000 83 257 25.70% 27,274 -99.06% 604120 Water 42,000 42,000 2,265 15,341 36.53% - 0.00%
604140 Sewer Services 7,000 7,000 - 8,113 115.91% - 0.00% 608100 Landscaping Services - - - - 0.00% 9,797 100.00% 621140 Building Maintenance - - - - 0.00% 436 100.00%
623110 Postage and Shipping 500 500 - 16 3.14% 84 -81.36% 625100 Tina Pacific Operating Exp (QMG) 243,825 243,825 - 155,549 63.80% 92,318 68.49% 625105 Bad Debt Expense 40,000 40,000 - 49,622 124.06% 47,944 3.50% Total-Maintenance and Operations 872,160 2,763,190 42,021 572,559 20.72% 1,054,704 -45.71% Allocated Charges
630110 Fleet Maintenance Charge 8,565 8,565 714 4,996 58.33% 4,098 21.92% 630120 Liability Insurance Charge 18,915 18,915 1,576 11,034 58.33% 13,890 -20.56% 630130 Information Technology Charge 28,800 28,800 2,400 16,800 58.33% 12,550 33.86% 631110 Administrative Overhead 36,740 36,740 3,037 21,262 57.87% 10,271 107.00% Total-Allocated Charges 93,020 93,020 7,727 54,092 58.15% 40,810 32.55% Capital Outlay
622120 Equipment, Furnishings, Tools 30,000 30,000 1,669 6,676 22.25% - 0.00% 700100 Land Acquisition - - - - 0.00% - 100.00%
700120 Demolition/Condemnation - $ 300,000 2,970 96,365 32.12% 202,185 -52.34% Total-Capital Outlay 30,000 330,000 4,639 103,041 31.22% 202,185 -49.04% TOTAL EXPENDITURES $ 1,286,995 $ 3,478,025 $ 75,155 $ 881,934 25.36% $ 1,388,152 -36.47% REVENUES OVER (UNDER) EXPENDITURES $ (706,995) $ (2,898,025) $ (72,529) $ (541,740) $ (860,060) HOUSING AUTHORITY FUND (#285)
January 2026 Revenues and Expenditures (58% of Year)
FY 2025/26
* = Actual data is reported through January
Attachment: D
Click here to return to the agenda.

Account No. Description
FY 2025/26
Adopted
Budget
FY 2025/26
Amended
Budget
Activity During
January
Year to Date
Actual * % of Budget
FY 2024/25
Actual
% Change
From Prior
Year
HOUSING AUTHORITY FUND (#285)
January 2026 Revenues and Expenditures (58% of Year)
FY 2025/26
Housing Authority Fund (Fund 285) - Fund Balance Status Available Fund Balance as of 06/30/25 8,166,578 $
Estimated increase (decrease) of fund balance
during Fiscal Year 2025/26 (541,740)
Projected Available Fund Balance as of 01/31/26 7,624,837 $ Task
Code Description
Original/
Updated
Budget
ITD
Spend thru
June 30, 2025
FY 2025/26
Adopted
Budget
FY 2024/25
Budget
Carryover
(Rem + PO
Carryover)
Other
Budget
Adjustments
FY 2025/26
Amended Budget
after ITD Actuals
Funding
FY 2025/26
YTD
Actual
FY 2025/26
Encumbrances
% Spent
(Includes
Encumbrances)
Remaining
Budget
Street Projects
2022-102 Citywide Street Sign Replacement 535,000 0 $ 535,000 $ 535,000 PBF 104 $ 74,258 $ 173,910 46.4% $ 286,832 NOC 8-12-2025 - PHASE 1 - CLOSED 133,650 8,144 $ 125,506 $ 125,506 Gas 211 $ 125,506 $ - 100.0% $ - $ 668,650 $ 8,144 $ - $ 660,506 $ - $ 660,506 $ 199,764 $ 173,910 56.6% $ 286,832 2024-101 Citywide Street Rehabilitation (FY 2023/24) 806,285 806,285 - - RMRA 215 - - #DIV/0! - NOC 8-12-2025 - CLOSED 17,798 17,798 - - MsrM 220 - #DIV/0! - 585,000 506,316 78,684 78,684 Gas 211 2,065 15 2.6% 76,604 $ 1,409,083 $ 1,330,399 $ - $ 78,684 $ - $ 78,684 $ 2,065 $ 15 2.6% $ 76,604 2025-101 Citywide Street Rehabilitation (FY 2024/25) 1,045,270 9,477 1,035,793 $ 1,035,793 RMRA 215 $ 11,475 3,214 1.4% 1,021,105 644,730 0 644,730 $ 644,730 MsrM 220 $ - 0.0% 644,730
$ 1,690,000 $ 9,477 $ - $ 1,680,523 $ - $ 1,680,523 $ 11,475 $ 3,214 0.9% $ 1,665,835 2025-102 Vision Zero Action Plan 40,000 0 40,000 40,000 Gas 211 - - 0.0% - Federal Grant 160,000 0 160,000 160,000 Grnts 227 - - 0.0% - $ 200,000 $ - $ - $ 200,000 $ - $ 200,000 $ - $ - 0.0% $ - 2025-104 Citywide Concrete Repair 40,000 8,422 31,578 $ 31,578 Gas 211 $ 136 - 0.4% 31,442 Federal Grant 200,000 200,000 - $ - Grnts 227 $ - - #DIV/0! - $ 240,000 $ 208,422 $ - $ 31,578 $ - $ 31,578 $ 136 $ - 0.4% $ 31,442 2025-105 Orangewood Complete Streets Fed Grnt - HUD 850,000 0 850,000 850,000 Grnts 227 - - 0.0% 850,000 New SCAG Grant 3,268,000 3,268,000 Grnts 227 64,607 - 2.0% 3,203,393 513,600 513,600 Gas 211 25,529 - 5.0% 488,071
$ 850,000 $ - $ 3,781,600 $ 850,000 $ - $ 4,631,600 $ 90,136 $ - 1.9% $ 4,541,464 2025-107 FY 2023/24 Citywide Alley Resurfacing Project
NOC 9-9-2025 CLOSED
715,507 676,902 38,605 38,605 MsrM 220 4,105 5,239 24.2% 29,261 2026-101 Annual Citywide Street Rehabilitation (2025/26) 404,010 404,010 Gas 211 - - 0.0% 404,010 1,306,490 1,306,490 RMRA 215 - - 0.0% 1,306,490
339,500 339,500 MsrM 220 - - 0.0% 339,500
$ - $ - $ 2,050,000 $ - $ - $ 2,050,000 $ - $ - 0.0% $ 2,050,000 2026-102 Annual Citywide Alley Resurfacing 500,000 500,000 MsrM 220 5,966 - 1.2% 494,034 2026-103 Annual Citywide Sidewalk Repair - NOC 11-25-25 - CLOSED 80,000 80,000 Gas 211 64,287 - 80.4% 15,713 2026-104 Streetlight Upgrade Project (apprd 8-26-25) FED Grt 76,230 $ 76,230 Grnts 227 $ - 72,295 94.8% 3,935 8,025 $ 8,025 LM 224 $ - - 0.0% 8,025
$ - $ - $ - $ - $ 84,255 $ 84,255 $ - $ 72,295 85.8% $ 11,960 Total Street Projects $ 5,773,240 $ 2,233,344 $ 6,411,600 $ 3,539,897 $ 84,255 $ 10,035,752 $ 377,933 $ 254,673 6.3% $ 9,203,146

CITY OF STANTON
FY 2025/26
STATUS OF CAPITAL IMPROVEMENT PROJECTS (CIP) FUND 305 & 501 JULY 1, 2025 THROUGH JANUARY 31, 2026
3/16/2026 O:\Admin Svcs\Month End\Monthly Financial Reporting\Monthly Financials\07 January 2026\City Council Staff Report\CIP January 2026 as of 3-15-26 Attachment: E
Click here to return to the agenda.

Task
Code Description
Original/
Updated
Budget
ITD
Spend thru
June 30, 2025
FY 2025/26
Adopted
Budget
FY 2024/25
Budget
Carryover
(Rem + PO
Carryover)
Other
Budget
Adjustments
FY 2025/26
Amended Budget
after ITD Actuals
Funding
FY 2025/26
YTD
Actual
FY 2025/26
Encumbrances
% Spent
(Includes
Encumbrances)
Remaining
Budget

CITY OF STANTON
FY 2025/26
STATUS OF CAPITAL IMPROVEMENT PROJECTS (CIP) FUND 305 & 501 JULY 1, 2025 THROUGH JANUARY 31, 2026
Parks Projects
2022-204 Norm Ross Sports Park State Grant 7,691,058 432,807 $ 7,249,711 $ 7,249,711 Grnts 227 $ 37,905 $ 283,200 4.4% $ 6,928,606 $ 8,540 $ 8,540 Grt/GF 227-101 $ 8,540 $ - 100.0% $ (0) 2,000,000 0 2,000,000 $ 2,000,000 $ Park 310 - $ - $ 0.0% 2,000,000 $ Total $ 9,691,058 $ 432,807 $ - $ 9,258,251 $ - $ 9,258,251 $ 46,445 $ 283,200 3.6% $ 8,928,606 2022-833 Stanton Park Refresh 403,930 24,030 379,900 379,900 GFA 101 3,500 260,740 69.6% 115,660 2023-201 Family Resource Center Improvements Fed Grt 96,830 96,826 - - Grnts 227 $ - - #DIV/0! - Phase 2 184,885 144,012 - - Park 310 $ - - -
CLOSED $ 281,715 $ 240,838 $ - $ - $ - $ - $ - $ - #DIV/0! $ - 2025-201 Dotson Park Resurfacing Project 220,000 0 220,000 220,000 Park 310 - - 0.0% 220,000 2025-202 Stanton Central Park Tennis Court Renovation 565,000 40,815 524,185 524,185 PBF 104 20,583 7,360 5.3% 496,242 2025-804 CIP Reserve for Park Improvements 540,000 - 540,000 540,000 GFA 101 - - 0.0% 540,000 Total Parks Projects $ 738,490 11,701,703 $ - $ 10,922,336 $ - $ 10,922,336 $ 70,528 $ 551,300 $ 5.7% 10,300,508 $ Sewer Projects
2025-301 Annual Sewer Rehabilitation (FY 2024/25)
NOC 9-23-2025 - CLOSED
600,000 247,226 - 54,150 - 54,150 SEW 501 8,500 45,650 0.0% - 2025-301 Annual Sewer Rehabilitation (FY 2024/25) 296,604 - - 296,604 SEW 501 225,564 - 0.0% 71,040 2026-301 Annual Sewer Rehabilitation (FY 2025/26) 1,757,000 0 1,757,000 - - 1,757,000 SEW 501b 603 - 0.0% 1,756,397 Total Sewer Projects $ 247,226 2,357,000 $ 1,757,000 $ 350,754 $ - $ 2,107,754 $ 234,668 $ 45,650 $ 13.3% 1,827,436 $ Facility Projects
2023-603 Stanton Community Center Improvements 282,430 68,545 - 213,885 $ 213,885 PBF 104 $ 144,228 (21,618) 57.3% 91,275 HVAC & Generator 350,325 219,937 130,388 $ 130,388 CDBG 221 $ 130,388 - 100.0% 0 Total $ 632,755 $ 288,482 $ - $ 344,273 $ - $ 344,273 $ 274,616 $ (21,618) 73.5% $ 91,275 2025-601 Stanton Community/Senior Center Improvements 350,000 350,000 - 350,000 CDBG 222 327,520 22,470 100.0% 10 Restroom & City Hall Remodel 200,000 200,000 PBF 104 150,114 49,886 100.0% - Reclass $56K from KeyCard Access (CC apprd 7-8-25) 70,000 43,651 26,349 56,353 82,702 GFA 101 - 60,650 73.3% 22,052 $ 420,000 $ 43,651 $ 200,000 $ 376,349 $ 56,353 $ 632,702 $ 477,634 $ 133,006 96.5% $ 22,062 2025-602 Public Safety Center Upgrades Fed Grnt 1,000,000 0 1,000,000 - 1,000,000 Grnts 227 - - 0.0% 1,000,000 2026-602 City Hall/Community Center Keycard Access 0 205,000 - (56,353) 148,647 GFA 101 - 0.0% 148,647 2026-603 HVAC Installation Project (Phase 1) 0 $ 90,000 $ - $ 90,000 NPF 106 $ - $ 34,000 37.8% $ 56,000 $ 485,012 $ 485,012 PBF 104 $ 334,250 $ - 68.9% $ 150,762 0 $ 450,000 $ 450,000 CDBG 222 $ 120,266 $ 329,734 100.0% $ (0) $ - $ - $ 540,000 $ - $ 485,012 $ 1,025,012 $ 454,516 $ 363,734 79.8% $ 206,762 Total Facility Projects $ 332,133 2,052,755 $ 945,000 $ 1,720,622 $ 485,012 $ 3,150,634 $ 1,206,766 $ 475,122 $ 53.4% 1,468,746 $ 3/16/2026 O:\Admin Svcs\Month End\Monthly Financial Reporting\Monthly Financials\07 January 2026\City Council Staff Report\CIP January 2026 as of 3-15-26 Task
Code Description
Original/
Updated
Budget
ITD
Spend thru
June 30, 2025
FY 2025/26
Adopted
Budget
FY 2024/25
Budget
Carryover
(Rem + PO
Carryover)
Other
Budget
Adjustments
FY 2025/26
Amended Budget
after ITD Actuals
Funding
FY 2025/26
YTD
Actual
FY 2025/26
Encumbrances
% Spent
(Includes
Encumbrances)
Remaining
Budget

CITY OF STANTON
FY 2025/26
STATUS OF CAPITAL IMPROVEMENT PROJECTS (CIP) FUND 305 & 501 JULY 1, 2025 THROUGH JANUARY 31, 2026
Storm Drain Projects
2024-801 Storm Drain Master Plan - CLOSED 328,173 320,919 7,254 7,254 GFA 101 7,254 - 100.0% 0 2026-401 Western Storm Channel Grate 20,240 $ 20,240 Grnts 227 $ 20,240 - 100.0% - NOC 11-25-25 - CLOSED 10,995 $ 10,995 GFA 101 $ 8,155 - 74.2% 2,840 $ - - $ 31,235 $ - $ - $ 31,235 $ 28,395 $ - $ 90.9% 2,840 $ Total Storm Drain Projects $ 320,919 328,173 $ 31,235 $ 7,254 $ - $ 38,489 $ 35,649 $ - $ 90.9% 2,840 $ GRAND TOTAL 22,212,871 $ 3,872,112 $ 9,144,835 $ 16,540,863 $ 569,267 $ 26,254,965 $ 1,925,544 $ 1,326,745 $ 12.4% 22,802,676 $ Funding Source
GFA 101 General Fund Assigned Fund Balance $ 215,995 $ 413,503 $ - $ 629,498 $ 18,909 $ 321,390 54.1% $ 829,199 GFA 101 General Fund Assigned Fund Balance $ 540,000 $ - $ 540,000 0.0% PBF 104 Public Benefit Fees Fund $ 200,000 $ 1,273,070 $ 485,012 $ 1,958,082 $ 723,432 $ 209,538 47.6% $ 1,025,111 BFF 105 Beautification Fees Fund $ - $ - $ - $ - $ - $ - #DIV/0! $ - NPF 106 Neighborhood $ 90,000 $ - $ - $ 90,000 $ - $ 34,000 37.8% $ 56,000 Gas 211 Gas Tax Fund $ 997,610 $ 275,768 $ - $ 1,273,378 $ 217,523 $ 15 17.1% $ 1,015,840 RMRA 215 RMRA Fund $ 1,306,490 $ 1,035,793 $ - $ 2,342,283 $ 11,475 $ 3,214 0.6% $ 2,327,595 MsrM 220 Measure M Turnback Fund $ 839,500 $ 683,335 $ - $ 1,522,835 $ 10,071 $ 5,239 1.0% $ 1,507,525 CDBG 221 CDBG-CV Grant Fund $ - $ 130,388 $ - $ 130,388 $ 130,388 $ - 100.0% $ 0 CDBG 222 CDBG Grant Fund $ 450,000 $ 350,000 $ - $ 800,000 $ 447,786 $ 352,204 100.0% $ 10 LM 224 Lighting Maintenance 1919 Act Fund $ - $ - $ 8,025 $ 8,025 $ - $ - 0.0% $ 8,025 Grnts 227 Other Grants Fund $ 3,288,240 $ 9,259,711 $ 76,230 $ 12,624,181 $ 122,752 $ 355,495 3.8% $ 11,985,935 Grt/GF 227-101 Other Grants Fund to General Fund $ - $ 8,540 $ - $ 8,540 $ 8,540 $ - 100.0% $ (0) Park 310 Park In-Lieu Fund $ - $ 2,220,000 $ - $ 2,220,000 $ - $ - 0.0% $ 2,220,000 SEW 501 Sewer Maintenance Fund $ 350,754 $ - $ 350,754 $ 234,064 $ 45,650 79.7% $ 71,040 SEW 501b Sewer Maintenance Fund $ 1,757,000 $ - $ 1,757,000 $ 603 $ - 0.0% $ 1,756,397 SEWC 502 Sewer Capital Improvement Fund $ - $ - $ - $ - $ - $ - 0.0% $ - GRAND TOTAL $ - $ 9,144,835 $ 16,540,863 $ 569,267 $ 26,254,965 $ 1,925,544 $ 1,326,745 12.4% $ 22,802,676 3/16/2026 O:\Admin Svcs\Month End\Monthly Financial Reporting\Monthly Financials\07 January 2026\City Council Staff Report\CIP January 2026 as of 3-15-26

CITY OF STANTON

REPORT TO CITY COUNCIL
TO: Honorable Mayor and Members of the City Council
DATE: March 24, 2026
SUBJECT: CONTINUANCE OF THE PROCLAMATION OF THE EXISTENCE OF A

LOCAL EMERGENCY CAUSED BY HOMELESSNESS CRISIS
REPORT IN BRIEF:

At its meeting of November 26, 2024, the City Council adopted a resolution proclaiming the existence of a local emergency. Based on the continuing impacts of homelessness on public health and safety within the City of Stanton, the City Council’s proclamation of the existence of a local emergency will continue until further notice.

RECOMMENDED ACTION:

2. Receive and file the report.

BACKGROUND AND ANALYSIS:

The City has seen an increase in its homeless population since 2019, despite significant allocation of resources and funds to combat homelessness in the City. This increase has been coupled with an increase in health and safety concerns, such as an increase in criminal activity, open-air drug use (fentanyl in particular), open fires, obscene/lewd acts in public, increase in vectors, and public defecation; individuals sleeping, camping, and storing personal property in a manner that obstructs access to the public right-of-way; interruption in the enjoyment and access to public facilities equally by all residents; and death, illness, injury and poor living conditions for those unable to find housing. In response to public health and safety concerns, at its meeting of November 26, 2024, the City Council adopted a resolution proclaiming the existence of a local emergency caused by the homelessness crisis (Attachment A).

Item: 9G
Click here to return to the agenda.

Based on the continuing impacts of homelessness on public health and safety within the City of Stanton, and pursuant to the City’s police power, the City Council’s proclamation of the existence of a local emergency will continue until further notice. The City Council previously reviewed the proclamation at its meetings of January 14, 2025, March 11, 2025, June 10, 2025, July 8, 2025, August 26, 2025, October 14, 2025, December 9, 2025, and January 27, 2026.

• For the month of February 2026, City staff had at least 120 encounters with homeless individuals. Regarding offers of placement in shelters, out of 113 actions, 96% (108) resulted in homeless individuals declining shelter. The City continues to get numerous calls of concern and complaints from the following hotspot locations:
o Western & Katella
o Western & Cerritos
o Mercantile Ave.
o Tina Pacific

• On February 5, 2025, at approximately 12:22 a.m. there was a call for service to the Orange County Fire Authority regarding a fire at Tina Pacific. Crews responded and discovered a fire in two vacant units of a partially occupied four-plex.

Thankfully, there were no civilian or firefighter injuries. The two legitimate tenants were displaced by the fire as the four-plex was red-tagged. The four-plex was ultimately demolished.
• City staff continue to receive numerous calls regarding homeless individuals engaging in open-air drug use in front of multi-family housing units and commercial plazas.

FISCAL IMPACT:

The fiscal impact of declaring a local emergency is unknown at this time but it confers the powers required to provide an immediate, necessary response to the City’s homelessness crisis to protect all City residents and businesses.

ENVIRONMENTAL IMPACT:

The proposed actions are not subject to the California Environmental Quality Act (“Public Resources Code section 21000 et seq.) (“CEQA”) because they do not qualify as a “project” under CEQA. Section 15378 explicitly excludes from its definition of “project” the “organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment.” (State CEQA Guidelines, § 15378(b)(5).) This action would declare a continuing local emergency under the Stanton Municipal Code and continue to empower the director and assistant director of emergency services to direct the emergency organization of the City in response to the homeless crisis. This action is considered administrative because it will not result in a physical change in the environment, and therefore is not subject to CEQA.

Moreover, the action will not result in a direct or reasonably foreseeable physical change in the environment, and the activity is covered by the general rule that CEQA applies only to projects which have the potential for causing a significant effect on the environment.

PUBLIC NOTIFICATION:

Notification and advertisement were performed as prescribed by law.

STRATEGIC GOALS:

Goal 1. Provide a safe community.

Goal 2. Promote a strong local economy.

Goal 5. Maintain and promote a responsive, high quality and transparent government.

Prepared by: Hannah Shin-Heydorn, City Manager
Approved by: Hannah Shin-Heydorn, City Manager
ATTACHMENT:

A. Staff report from November 26, 2024, entitled, “Resolution finding and declaring a local emergency caused by homelessness crisis”.

CITY OF STANTON

REPORT TO CITY COUNCIL
TO: Honorable Mayor and Members of the City Council
DATE: November 26, 2024
SUBJECT: RESOLUTION FINDING AND DECLARING A LOCAL EMERGENCY

CAUSED BY HOMELESSNESS CRISIS
REPORT IN BRIEF:

Declaring a local emergency under the Stanton Municipal Code and the Government Code will provide the City Manager with additional powers as Director of Emergency Services in order to take necessary steps to address the homelessness crisis.

RECOMMENDED ACTIONS:

1. City Council declare the action to not be subject to CEQA pursuant to State CEQA Guidelines, section 15378(b)(5).); and

2. Adopt proposed Resolution No. 2024-40, entitled:
“RESOLUTION OF THE CITY COUNCIL OF THE CITY OF STANTON,

CALIFORNIA, PROCLAIMING THE EXISTENCE OF A LOCAL

EMERGENCY CAUSED BY CONDITIONS AND THREATENED

CONDITIONS OF HOMELESSNESS WITHIN THE CITY OF STANTON,

WHICH IF NOT CORRECTED, CONSTITUTES AN IMMINENT AND

PROXIMATE THREAT TO THE SAFETY OF PERSONS AND PROPERTY
IN THE CITY”.

Attachment: A
Click here to return to the agenda.

BACKGROUND:

Like many other regions in California, the City of Stanton (“City”) has seen a rapid and troubling growth in homelessness in the City. The COVID-19 pandemic exacerbated this circumstance, which has been difficult to address given the high cost of housing and shortage of emergency, transitional, and affordable housing across the State.

The City’s Investments in Combating the Homelessness Crisis:

Independently, and in conjunction with the State’s directives to combat homelessness and address the housing crisis, the City has made significant investments in assisting its unhoused community. Additionally, the City is a member of the North Service Planning Area (“North SPA”), an organization of 14 cities in Orange County established in 2019 to combat homelessness in the region. The City’s investments include, but are not limited to the following activities, representing funding of over $15 million since 2017:
• Funding two full-time and one part-time Homeless Outreach Coordinator positions at the City, for a total cost since 2017 of just over $2 million; • Funding and welcoming three Project Homekey permanent supportive housing projects to the City, totaling 153 units, and connecting unhoused residents throughout the region to those units. The City’s contribution across the Project Homekey sites was $6 million, and was the first city in the State to open three sites in their jurisdiction;
• Funding two navigation centers in Buena Park and Placentia to provide safe and secure shelter housing as well as providing comprehensive programs and services. The City’s contribution to the centers during the first five years of operation has been approximately $660,000, and the City’s financial commitment in the next five years is estimated to be $2.5 million based on increased maintenance and operational costs;
• Funding the regional Homeless Outreach and Proactive Engagement (“HOPE”) Center of Orange County in the amount of $5 million and serving as their fiscal agent;
• Having the City Manager serve on the Board of the North SPA Collaborative; • Partnering with Illumination Foundation to expand shelter access in the region. The Illumination Foundation is an Orange County-based 501(c)(3) nonprofit dedicated to providing comprehensive services for the most vulnerable homeless population; • Providing bridge housing opportunities since 2020 at just over $150,000; • Providing transportation services; and
• Providing document retrieval assistance and funding to recover important documents, to connect homeless people with resources and employment.

Additionally, the City’s law enforcement and Public Safety staff spend a disproportionate amount of time and resources addressing the City’s homelessness crisis. This causes the City’s Public Safety staff to work overtime, increasing personnel costs to the City, and exacerbating delays in addressing other public safety matters. The City’s Public Safety Department collectively devotes one-third of their time on issues related to homelessness.

The City’s Homeless Population Increase Over Time, Despite Significant Investments Despite these significant efforts, the City’s homeless population has exponentially increased since 2019. According to the County’s 2024 Point in Time Count, the City has experienced a 138 percent increase in its unsheltered population from 2019 to 2024, and a 78 percent total increase in its homeless population (including both sheltered and unsheltered individuals). (See https://ceo.ocgov.com/sites/ceo/files/2024- 05/2024%20PIT%20Summary%20-%20FINAL%205.16.24.pdf.)
Table 1. City of Stanton Point in Time Homeless Count
2019 to 2024
In contrast, the County of Orange has experienced a much smaller 7 percent increase in its homeless population since 2019, and the North SPA has experienced a 17 percent increase in its homeless population since 2019.

Table 2. % Increase in Total Homelessness
2019 to 2024
The City’s homeless population ranks as the fifth largest homeless population within the North SPA even though, geographically, it is one of smallest cities within the area at only

3.1 square miles. Only significantly larger North SPA cities (Anaheim, Fullerton, Buena Park, and Orange) have a higher homeless count. Among all 34 Orange County cities, the City’s homeless population ranks as the 11th largest.

While the City has been able to successfully refer a small number of homeless individuals to the North SPA navigation centers in the Cities of Buena Park and Placentia, those centers are now at capacity. In 2024, the City has only been able to successfully refer 18 people to the two navigation centers for assistance. County-wide, only 1 out of every 12 homeless individuals are successfully connected to housing.

Additionally, many homeless individuals also struggle with substance use disorder and serious mental illness. These are in addition to other challenges that the City is not equipped to support without the combined forces of other political subdivisions to combat, such as Orange County Behavioral Health Services, and state and federal agencies.1 The graphic, below, gives a snapshot of just some the challenges that homeless adults in Orange County face.
1 2024 Point In Time Summary, County of Orange.

Table 3. Disabling Conditions Impacting Homeless Individuals These difficulties are exacerbated by the nationwide fentanyl crisis. According to a 2024 Orange County Sheriff’s Department report2, the leading cause of death among people experiencing homelessness is accidental, with the vast majority of accidental deaths caused by drug use with fentanyl. These numbers have increased steadily since 2018. In 2021, 7 out of 8 deaths among people experiencing homelessness in Stanton were accidental.3 From 2021 to 2022, the number of deaths among people experiencing homelessness in Stanton rose by 150 percent, from 8 reported deaths to 12.4 2 Report on 2022 Orange County Homeless Deaths, Sheriff-Coroner Homeless Death Review Committee. Orange County Sheriff’s Department. The report may be found at: https://www.ocsheriff.gov/sites/ocsd/files/2024- 04/2022%20Homeless%20Death%20Review%20Committee%20Report.pdf 3 Report on 2021 Orange County Homeless Deaths, Sheriff-Coroner Homeless Death Review Committee. Orange County Sheriff’s Department. The report may be found at: https://www.ocsheriff.gov/sites/ocsd/files/2023- 02/Homeless%20Death%20Review%20paper_FINAL.pdf
4 Report on 2022 Orange County Homeless Deaths, Sheriff-Coroner Homeless Death Review Committee. Orange County Sheriff’s Department.

The City must create multiple paths to address a complex and growing homelessness crisis. Like many California cities, Stanton has a continuing need for affordable, permanent housing, along with shelters and interim housing to be developed quickly to better transition people off the streets. The City also needs additional assistance from County, State, and federal agencies to address complex health and safety issues beyond the scope of its current staff and resources. Moreover, the City needs increased ability and resources to hire or contract critical roles, including candidates with specific expertise necessary to provide a critical response to the City’s homelessness crisis.

Declaring a local emergency would provide the City with greater flexibility, increased ability, and streamlined systems to address the City’s homelessness crisis with necessary urgency.

ANALYSIS/JUSTIFICATION:

Chapter 2.64 of the Stanton Municipal Code, “Emergency Organization and Functions,” allows the City Council to declare a local emergency on its own accord or at the request of the City Manager to provide for (1) the preparation and carrying out of plans for the protection of persons and property within the city in the event of an emergency; (2) the direction of the emergency organization; and (3) the coordination of the emergency functions of this city with all other public agencies, corporations, organizations, and affected private persons.

A “local emergency,” as defined under Section 2.64.020, means the actual or threatened existence of conditions of disaster or of extreme peril to the safety of persons and property within this city caused by such conditions as air pollution, fire, flood, storm, epidemic, riot, or earthquake, or other conditions which are or are likely to be beyond the control of the services, personnel, equipment, and facilities of the City, requiring the combined forces of other political subdivisions to combat.

When a “local emergency” is declared by the City Council, the City Manager, as Director of Emergency Services or the City, is granted additional power and authority related to the City’s response to the local emergency. The City Manager is empowered to:
• Control and direct the effort of the emergency organization of the City for the accomplishment of addressing the local emergency;
• Direct cooperation between and coordination of services and staff of the emergency organization of the City;
• Represent the City in all dealings with public or private agencies on matters pertaining to emergencies as defined in this chapter;
• Make and issue rules and regulations on matters reasonably related to the protection of life and property as affected by such emergency; provided, however, such rules and regulations must be confirmed at the earliest practical time by the City Council;
• Obtain vital supplies, equipment, and such other properties found lacking and needed for the protection of life and property on behalf of the City, and, if required immediately, to commandeer the same for public use;
• Require emergency services of any city officer or employee and to command the aid of as many citizens of this community as he/she deems necessary in the execution of his/her duties; such persons shall be entitled to all privileges, benefits, and immunities as are provided by state law for registered disaster service workers;
• Requisition necessary personnel or material of any city department or agency; • Execute all existing authority as City Manager and all special power conferred upon him/her by the City Council, by resolution, ordinance, or emergency plan; • Appoint an Assistant Director of Emergency Services, who shall, under the supervision of the Director and with the assistance of emergency service chiefs, develop emergency plans and manage the emergency programs of the City; and shall have such other powers and duties as may be assigned by the Director.

Additionally, the City Disaster Council is empowered to develop and recommend for approval to the City Council emergency and mutual aid plans and agreements, and any ordinances, resolutions, rules, and regulations necessary to implement such plans and agreements. The Disaster Council is comprised of the Mayor, City Manager, Assistant Director of Emergency Services, Chiefs of Emergency Services, and others appointed by the Director with the advice and consent of the City Council.

By declaring a local emergency, the City Manager, Disaster Council, and City Council will be able to provide an immediate, necessary response to the City’s homelessness crisis to protect all City residents. The City’s normal hiring and contracting processes may be expedited, and the City will be able to immediately allocate necessary resources and personnel to take emergency action.

In accordance with California Government Code, Section 8630(c), the emergency declaration requires the City Council to review the need for continuing the local emergency at least every 60 days until the City Council terminates the local emergency.

FISCAL IMPACT:

The report details over $15 million in funding that has been allocated to address issues related to homelessness, including outreach services, since 2017. This fiscal impact reflects those categories of expenditures that are easily tracked and coded to homelessness efforts and initiatives. The true amount the City has expended over the years to address issues related to homelessness would be significantly larger if all personnel activities and efforts were meticulously allocated.

ENVIRONMENTAL IMPACT:

The proposed actions are not subject to the California Environmental Quality Act (“Public Resources Code section 21000 et seq.) (“CEQA”) because they do not qualify as a “project” under CEQA. Section 15378 explicitly excludes from its definition of “project” the “organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment.” (State CEQA Guidelines, § 15378(b)(5).) This action would declare a local emergency under the Stanton Municipal Code and empower the director and assistant director of emergency services to direct the emergency organization of the City in response to the homeless crisis. This action is considered administrative because it will not result in a physical change in the environment, and therefore is not subject to CEQA.

Any permit that may be issued will be subject to its own CEQA analysis.

PUBLIC NOTIFICATION:

Notification and advertisement were performed as prescribed by law.

STRATEGIC PLAN OBJECTIVES ADDRESSED:

Obj. No. 1: Provie a safe community.

Obj. No. 2: Promote a strong local economy.

Obj. No. 5: Provide a high quality of life.

Obj. No. 6: Maintain and promote a responsive, high quality and transparent government.

Prepared by: Hannah Shin-Heydorn, City Manager
Reviewed by: James Wren, Director of Public Safety Services Reviewed by: HongDao Nguyen, City Attorney
Approved by: Hannah Shin-Heydorn, City Manager
Attachment:

A. Proposed Resolution No. 2024-40
Attachment “A”
RESOLUTION NO. 2024-40

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF STANTON, CALIFORNIA,

PROCLAIMING THE EXISTENCE OF A LOCAL EMERGENCY CAUSED BY

CONDITIONS AND THREATENED CONDITIONS OF HOMELESSNESS WITHIN THE

CITY OF STANTON, WHICH IF NOT CORRECTED, CONSTITUTES AN IMMINENT

AND PROXIMATE THREAT TO THE SAFETY OF PERSONS AND PROPERTY IN THE CITY

THE CITY COUNCIL OF THE CITY OF STANTON DOES HEREBY RESOLVE AS FOLLOWS:

WHEREAS, the City of Stanton “City” is a municipal corporation, duly organized under the constitution and laws of the State of California; and WHEREAS, California Government Code 8630, et seq., and Chapter 2.64 of Title 2 of the Stanton Municipal Code provide that the Stanton City Council (“City Council”) may proclaim local emergencies; and
WHEREAS, like many other regions in California, the City has seen a rapid and troubling growth in the homeless population of the City, a condition that has been difficult to address given the traditionally high cost of housing and property in the region, and the historic shortage of emergency, transitional, and affordable housing across the state; and WHEREAS, Executive Order N-1-24, signed by Governor Gavin Newsom on July 24, 2024, acknowledged the dire state of the homelessness crisis in California and ordered state agencies and departments to address encampments on state property. Moreover, the Executive Order ordered that local governments are encouraged to use all available resources and infrastructure, to take action with the urgency this crisis demands to humanely remove encampments from public spaces, prioritizing those encampments that most threaten the life, health, and safety of those in and around them; and WHEREAS, independently and in conjunction with the State’s directives to combat homelessness and address the housing crisis, the City has made significant investments in assisting its unhoused community. These investments include, but are not limited to:
creating and funding additional staff positions dedicated to homelessness outreach, funding and participating in regional outreach and navigation centers, expanding transportation services and shelter access in the region, and funding and welcoming three Project Homekey permanent supportive housing projects to the City totaling 153 units; and
WHEREAS, according to the City’s 2024 Point in Time Count, the City has experienced a 138 percent increase in its unsheltered population from 2019 to 2024, and a 78 percent total increase in its homeless population (including both sheltered and unsheltered individuals), despite the City’s significant investments in combating homelessness and assisting the unhoused community. In contrast, Orange County has experienced only a 7 percent increase in its homeless population since 2019, and surrounding cities have experienced significantly less homeless population growth; and WHEREAS, despite the City’s efforts to connect homeless individuals with regional assistance centers, the City has only been able to refer 18 people in the last 10 months to the regional Navigation Centers in Buena Park and Placentia due to overpopulation; and
WHEREAS, regional data shows that a significant percentage of unsheltered homeless individuals also suffer disproportionately from complex health issues, such as substance use disorder, serious mental illness, and physical disability, and require assistance from the City, Orange County Behavioral Health Services, and other local, state, and federal health agencies and nonprofit organizations to provide the necessary public services; and WHEREAS, the homelessness crisis confronting the City has grown both incrementally and exponentially, leading to death, illness, injury, and poor living conditions. According to the Orange County Sheriff’s Department Report of 2022 Orange County Homeless Deaths, 65 percent of deaths among people experiencing homelessness were caused by accidents, and the leading cause of accidental deaths is drug use with fentanyl. This is compared to 2019, when 46 percent of deaths among people experiencing homelessness were caused by accidents, and 2020, when 54 percent of deaths among people experiencing homelessness were caused by accidents, and 2021, when 59 percent of deaths among people experiencing homelessness were caused by accidents. Between 2021 and 2022, the number of deaths among people experiencing homelessness in Stanton has risen by 150 percent; and
WHEREAS, the displacement of the number of people living on the streets of the City today is a daily recurring emergency, constituting the actual or threatened existence of conditions of disaster or of extreme peril to the safety of persons and property in the City which are beyond the control of the services, personnel, equipment, and facilities of this city, and requires the combined forces of other political subdivisions to combat; and WHEREAS, notwithstanding the City’s continued commitment to addressing the homelessness crisis, including dedication of funding and investments into homelessness solutions, programs, and initiatives, an emergency declaration is necessary to mobilize resources, faster and with urgency, for the public health, welfare, and safety of all; and WHEREAS, the City’s ability to mobilize local resources, coordinate interagency response, accelerate procurement of housing units, use mutual aid, and seek assistance and potential reimbursement by the State and Federal governments will be critical to successfully responding to this homelessness crisis; and WHEREAS, during the pendency of the existence of a local emergency, the City Council shall retain its full authority to consider a variety of City ordinances to codify the measures necessary to address this homelessness crisis; and
WHEREAS, the benefits of this emergency declaration, coupled with past and future actions by the City Council to address the homelessness crisis, will help ensure that this local emergency will be of a temporary nature.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF STANTON, CALIFORNIA, DOES RESOLVE, DECLARE, DETERMINE, AND ORDER AS FOLLOWS:

SECTION 1: That the foregoing Recitals are true and correct and are incorporated herein by this reference.

SECTION 2: The City Council finds this Resolution is exempt from the California Environmental Quality Act (“CEQA”) pursuant to State CEQA Guidelines Section 15061(b)(3) in that the Resolution is not anticipated to result in a direct or reasonably foreseeable indirect physical change in the environment, nor will the Resolution have the potential for causing a significant effect on the environment. Additionally, the City Council finds that the proposed Resolution is not a “project” under State CEQA Guidelines Section 15378(b)(5), which excludes the “organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment,” as the Resolution is not anticipated to result in a direct or indirect physical change in the environment.

SECTION 3: Pursuant to California Government Code Section 8630 and Stanton Municipal Code sections 2.64.020 and 2.64.060(A)(1), the City Council hereby finds and proclaims the existence of a local emergency caused by conditions or threatened conditions of homelessness in Stanton, which, if not corrected, constitutes a threat to the safety of persons and property within the territorial limits of the City beyond the control of the services, personnel equipment, and facilities of the City, requiring the combined forces of other political subdivisions to combat.

SECTION 4: During the continued threatened existence and actual existence of the local emergency, the powers, functions and duties of the City Manager, as the Director of Emergency Services, the Assistant Director of Emergency Services, to be appointed by the Director, the Disaster Council of the City, and the emergency organization of the City shall be those prescribed by state law, by ordinances and resolutions of the City and approved by the City Council.

SECTION 5: The City Manager, as the Director of Emergency Services, is hereby authorized to furnish information, to enter into agreements, including, but not limited to, applications and agreements for grant funding, and to take all actions necessary to obtain emergency assistance from State and federal agencies to implement preventive measures to protect and preserve the City within the scope of the local emergency hereby declared, pursuant to the powers and duties prescribed under Chapter 2.64 of the Stanton Municipal Code. Pursuant to Section 2.64.090 of the Stanton Municipal Code, any expenditures made in connection with emergency activities, including mutual aid activities, shall be deemed conclusively to be for the direct protection and benefit of the inhabitants and property of the City.

SECTION 6: City staff are hereby directed to provide the City Council with a report of actions taken under this Resolution at the next practicable opportunity, and no less than on a monthly basis.

SECTION 7: The City shall coordinate its efforts to address this proclaimed emergency with the other local jurisdictions, the County of Orange, the State of California, and the federal government.

SECTION 8: Executive Order N-1-24, signed by Governor Gavin Newsom on July 24, 2024, acknowledged the dire state of the homelessness crisis in California and directed resources to state agencies and departments to address encampments. The City Council requests the Governor to proclaim a "state of emergency" to combat homelessness and direct resources to support the efforts of major cities in the State of California to address the problem, in furtherance and consistent with Executive Order N-1-24.

SECTION 9: This Proclamation of Emergency shall sunset on December 31, 2025, subject to being renewed. The setting of a specific time frame allows for actions to be taken to make permanent, necessary structural changes. Pursuant to California Government Code Section 8630, the City Council shall, by minute action, review the need for continuing the local emergency at least once every 60 days until it terminates the local emergency.

SECTION 10: Pursuant to Government Code section 3100, in protection of the health and safety and preservation of the lives and property of the people from emergencies which result in conditions of extreme peril to life, property and resources, all public employees are hereby declared disaster service workers subject to such disaster service activities as may be assigned to them by their superiors or by law.

SECTION 11: Severability. If any provision of this Resolution or the application thereof to any person or circumstance is held invalid, such invalidity shall not affect other provisions or applications, and to this end the provisions of this Resolution are declared to be severable.

SECTION 12: Effective Date. This Resolution shall become effective immediately. The City clerk shall attest and certify to the passage and adoption thereof.

PASSED, APPROVED, AND ADOPTED this 26th day of November, 2024. __________________________
DAVID J. SHAWVER, MAYOR
APPROVED AS TO FORM:
_____________________________________

HONGDAO NGUYEN, CITY ATTORNEY
ATTEST:

I, Patricia A. Vazquez, City Clerk of the City of Stanton, California DO HEREBY CERTIFY that the foregoing Resolution, being Resolution No. 2024-40 has been duly signed by the Mayor and attested by the City Clerk, all at a regular meeting of the Stanton City Council, held on November 26, 2024, and that the same was adopted, signed and approved by the following vote to wit:

AYES:

NOES:

ABSENT:

ABSTAIN:
_____________________________________
PATRICIA A. VAZQUEZ, CITY CLERK
1 CITY OF STANTON

REPORT TO CITY COUNCIL
TO: Honorable Mayor and Members of the City Council
DATE: March 24, 2026
SUBJECT: ACCEPTANCE OF THE UNITED STATES TENNIS ASSOCIATION (USTA) GRANT FOR THE STANTON CENTRAL PARK TENNIS

COURTS RENOVATION PROJECT
REPORT IN BRIEF:

The United States Tennis Association (USTA) initiated the Tennis Venue Services (TVS) program to support communities seeking business development, advocacy, and/or technical services from the USTA. The City of Stanton was selected to receive $20,000 in TVS funding for the resurfacing of three tennis courts as part of the Stanton Central Park Tennis Courts Renovation Project. Staff is recommending City Council accept the TVS Grant funding of $20,000 and increase the Grants Fund (Account No. 227-0000-432300) by the same amount.

RECOMMENDED ACTION:

Item: 9H
Click here to return to the agenda.
2 BACKGROUND:

The City is currently undertaking efforts to update the tennis courts and add lighting around the playground at Stanton Central Park.

The renovation efforts include installation of new partition fencing, perimeter fencing improvements, increased lighting (new light fixtures), transforming one (1) existing tennis court into two new pickleball courts with removable netting, crack sealing courts, resurfacing, striping, signage, site furnishings, and adding lighting to the existing playground area.

On November 25, 2025, A2Z Construct, Inc. was awarded the construction contract for this project as the lowest, responsive bidder in the amount of $380,100 and the City Council authorized the City Manager to approve contract change orders up to $38,010.

As of February 2026, construction is underway.

ANALYSIS/JUSTIFICATION:

On January 12, 2026, the City received notice from the USTA confirming the award of the Tennis Venue Services Grant in the amount of $20,000 for the Stanton Central Park Tennis Courts Renovation Project. This funding will support the resurfacing of three tennis courts at Stanton Central Park, helping ensure the community has access to safe, appealing, and functional tennis facilities.

FISCAL IMPACT:

The current Fiscal Year 2025/2026 Capital Improvement Budget includes a budget of $565,000 for this project (Task Code No. 2025-202), with the primary source of funding for this project coming from the Public Benefit Fees Fund (104). Staff is requesting to increase revenues in the Grants Fund (#227) in the amount of $20,000 as additional funding for the project and therefore reducing funding required from the Public Benefit Fees Fund (104). The City will be reimbursed the grant funds following project completion and submittal of the 2026 Grant Accountability Form.

ENVIRONMENTAL IMPACT:

The recommended actions are categorically exempt under the California Environmental Quality Act, Section 15378(b)(5) – Organizational or administrative activities of governments that will not result in direct or indirect physical change in the environment. 3 LEGAL REVIEW:

None.

STRATEGIC GOAL:

Goal 3. Provide quality infrastructure.

PUBLIC NOTIFICATION:

Notifications were performed through the normal agenda process.

Prepared by: Han Sol Yoo, P.E., Principal Civil Engineer Reviewed by: Cesar Rangel, P.E., Director of Public Works/City Engineer Fiscal Impact Reviewed by: Sharon del Rosario, Finance Director Approved by: Hannah Shin-Heydorn, City Manager
ATTACHMENT:

A. USTA Tennis Venue Services Grant 25CA32148 Award Letter January 12, 2026
Ashley Cain
City of Stanton
7800 Katella Avenue
Stanton, CA 90680
re: USTA Tennis Venue Services Grant, 25CA32148 Stanton Central Park (Stanton, CA) Dear Ashley,
Congratulations! We are pleased to inform you that the City of Stanton has been selected to receive $20,000 in USTA Tennis Venue Services Funding for the resurfacing of three (3) 78’ tennis courts complete with three (3) 60’ blended tennis playing lines along with the installation of new fencing and windscreens at Stanton Central Park.

The grant funds will be distributed when the project is complete, and the attached accountability form is returned and approved. These funds will be available for 12 months from the date of this letter. After this time, your grant funds may be forfeited. Please note that any changes to the scope of work after receipt of this letter requires written approval by the USTA. This award is based on the satisfactory completion of our technical review process and funds have been awarded based on the documentation provided and subsequently approved by the USTA. Any changes inconsistent with the submitted design drawings, including the addition of other playing lines will void your funding award.

The USTA hopes you use this opportunity to publicize your facility and tennis in your community. The USTA would like to celebrate the announcement with you; please call your National Project Consultant if you need additional information or to coordinate interviews with USTA staff as you announce the grant.

A goal of the grant is to provide communities access to safe, appealing, and functional tennis environments, and we are happy to partner with Stanton Central Park to help achieve this goal in Stanton. The essence of this initiative is to assist communities, leveraging their tennis facilities to promote lifelong healthy activity, and to improve their programming by advancing the latest tennis innovations for all program types.

Thank you for your efforts to promote the game of tennis in your community.

Sincerely,
Todd Carlson
Senior Director, Tennis Venue Services, Parks, & CTAs
United States Tennis Association
Cc: Trevor Kronemann, Chief Executive Director, USTA Southern California Linda Milan, Executive Director, SCTA Foundation
Heather Blythe, Consultant, USTA Facility Projects
Attachment: A
Click here to return to the agenda.
1 CITY OF STANTON

REPORT TO CITY COUNCIL
TO: Honorable Mayor and Members of the City Council
DATE: March 24, 2026
SUBJECT: APPROVAL OF WASTE INFRASTRUCTURE SYSTEM ENTERPRISE (WISE) AGREEMENT WITH THE COUNTY OF ORANGE
REPORT IN BRIEF:

As the current Waste Disposal Agreement (WDA) approaches the end of its term, Orange County Waste & Recycling (OCW&R) has developed the Waste Infrastructure System Enterprise (WISE) Agreement as its successor to address rising operational costs, regulatory requirements, and long-term landfill needs. The WISE Agreement introduces a phased disposal rate structure and updated terms to maintain continued landfill access and reliable solid waste disposal services for the City.

RECOMMENDED ACTION:

2. Approve the Waste Infrastructure System Enterprise (WISE) Agreement with the County of Orange for municipal solid waste disposal rates and services; and

3. Approve the Franchise Hauler Acknowledgement with CR&R Incorporated for compliance with obligations under the Waste Infrastructure System Enterprise (WISE) Agreement; and

4. Authorize the City Manager to execute the Waste Infrastructure System Enterprise (WISE) Agreement and Franchise Hauler Acknowledgement.

Item: 9I
Click here to return to the agenda.
2 BACKGROUND:

OCW&R manages and operates the Orange County landfill system. The City of Stanton has participated in the WDA since 2009. The WDA provides the City guaranteed landfill capacity and disposal rates of at least 10% below noncontract customers. The WDA has been amended several times and was most recently extended through June 30, 2026, to allow time for development of a successor agreement.

As the WDA approached the end of its term, OCW&R introduced the WISE Agreement as its replacement. The Orange County City Managers Association (OCCMA) coordinated review and negotiations beginning in late 2024. In 2025, OCCMA secured a one-year extension of the WDA through June 30, 2026, allowing additional time for negotiations and agreement terms under the proposed WISE Agreement.

ANALYSIS/JUSTIFICATION:

The current WDA limits annual rate increases to CPI and does not account for rising operational, regulatory, and environmental compliance costs. OCW&R also indicated that additional capital was needed to fund the Brea Olinda landfill closure and to significantly expand the capacity of the landfill in San Juan Capistrano over the course of the 10-year term. The WISE agreement originally proposed increasing landfill disposal rates from $43.76 per ton (Fiscal Year (FY) 2025-26) to $82.00 in the first year and were projected to rise to nearly $107.00 by 2035.

Through negotiations with OCCMA, the agreement is now a phased rate structure for the first three years of the agreement, with CPI adjustments beginning in FY 2029-30:

Fiscal Year Contract Rate
2026-27 $67.00 per ton
2027-28 $74.00 per ton
2028-29 $81.00 per ton
2029-30 $81.00 per ton + CPI
Effective July 1, 2026, the disposal rates are estimated to increase approximately 10% for residential solid waste rates and 16% for commercial rates, excluding any haulerrelated service adjustments. These increases are in addition to any hauler-related cost increases associated with service. The City and CR&R are currently working to establish the proposed solid waste service rates. Prior to implementing any new rates, the City will be required to conduct a Proposition 218 public hearing late summer 2026. Only after completion of this process may CR&R begin charging any approved rates.

In addition to the phased rate structure, OCCMA negotiated several key provisions:
• Beginning in 2030, an annual “true-up” process that may freeze CPI adjustments depending on OCWR’s cost recovery and tonnage revenue. Cities may initiate a ‘meet and confer’ process with review by an independent consultant. 3 • Inclusion of review and annual notification provisions to ensure continued OCCMA participation to improve transparency and oversight of OCWR’s financial status and implementation of the WISE Agreement.
• Removal of language that would have made cities financially responsible for hauler non-payment.
• Adoption of a blended CPI index (60% Solid Waste, Water, and Sewer; 40% All Urban Consumers).
• Removal of the requirement that all residential organic waste is sent to OCWR; the County will offer optional organic waste processing services.

Cities must approve the WISE Agreement by April 30, 2026, to avoid disposal rates up to 10% higher. The agreement requires approval from jurisdictions representing at least 50% of landfill tonnage and will remain in effect through June 30, 2036, with one optional ten-year extension.

FISCAL IMPACT:

None.

ENVIRONMENTAL IMPACT:

The recommended actions are exempt from CEQA as it is not considered a project per Section15378(b)(5), as the [Project does not include]: organizational or administrative activities of governments that will not result in direct or indirect physical changes in the environment.

LEGAL REVIEW:

Approved as to form.

STRATEGIC GOAL:

Goal 4. Ensure fiscal stability.

Goal 5. Maintain and promote a responsive, high-quality and transparent government.

PUBLIC NOTIFICATION:

Notifications were performed through the normal agenda process.

Prepared by: Cesar Rangel P.E., Director of Public Works/City Engineer Approved by: Hannah Shin-Heydorn, City Manager
4 ATTACHMENTS:

A. WISE Agreement
B. Franchise Hauler Acknowledgment

WASTE INFRASTRUCTURE SYSTEM ENTERPRISE AGREEMENT
(“WISE AGREEMENT”)
Between

THE COUNTY OF ORANGE, CALIFORNIA
and
the

CITY OF STANTON
Dated: March 10, 2026
County Authorization Date: City Authorization Date:

March 10, 2026
County Notice Address:

Director
OC Waste & Recycling
601 N. Ross Street 5th Floor
Santa Ana, CA 92701
City Notice Address:

City Manager
City of Stanton
7800 Katella Avenue
Stanton, CA
Attachment: A
Click here to return to the agenda.

TABLE OF CONTENTS
Page

ARTICLE I

DEFINITIONS AND INTERPRETATION
Section 1.1 DEFINITIONS ................................................................................................................................. 2 Section 1.2 INTERPRETATION ........................................................................................................................ 7

ARTICLE II

REPRESENTATIONS AND WARRANTIES
Section 2.1 REPRESENTATIONS AND WARRANTIES OF THE CITY........................................................ 8 Section 2.2 REPRESENTATIONS AND WARRANTIES OF THE COUNTY ................................................ 9

ARTICLE III

DELIVERY AND ACCEPTANCE OF WASTE AND PROVISION OF DISPOSAL SERVICE Section 3.1 DELIVERY OF WASTE ................................................................................................................. 9 Section 3.2 PROVISION OF DISPOSAL SERVICES BY THE COUNTY. ................................................... 11 Section 3.3 COUNTY RIGHT TO REFUSE WASTE ...................................................................................... 12 Section 3.4 UNINCORPORATED AREA ACCEPTABLE WASTE............................................................... 13 Section 3.5 MISCELLANEOUS OPERATIONAL MATTERS. ...................................................................... 14 Section 3.6 OTHER USERS OF THE DISPOSAL SYSTEM. ......................................................................... 14 Section 3.7 COUNTY PROVISION OF WASTE DIVERSION SERVICES. ................................................. 15

ARTICLE IV

CONTRACT RATE
Section 4.1 CHARGING AND SECURING PAYMENT OF CONTRACT RATE ......................................... 15 Section 4.2 CONTRACT RATE ....................................................................................................................... 15 Section 4.3 RESPONSIBILITY FOR PAYMENT OF THE CONTRACT RATE ........................................... 21 Section 4.4 BILLING OF THE CONTRACT RATE ........................................................................................ 21 Section 4.5 RESTRICTED RESERVES ........................................................................................................... 21 Section 4.6 AUDITED FINANCIAL STATEMENTS ..................................................................................... 22 Section 4.7 ANNUAL UPDATE OF TEN-YEAR FINANCIAL PROJECTION ............................................ 22

ARTICLE V

BREACH, ENFORCEMENT AND TERMINATION
Section 5.1 BREACH ........................................................................................................................................ 23 Section 5.2 CITY CONVENIENCE TERMINATION ..................................................................................... 23 Section 5.3 TERMINATION. ........................................................................................................................... 23 Section 5.4 NO WAIVERS ............................................................................................................................... 24 Section 5.5 FORUM FOR DISPUTE RESOLUTION ...................................................................................... 24

ARTICLE VI
TERM
Section 6.1 EFFECTIVE DATE AND TERM. ................................................................................................. 24 Section 6.2 COMMENCEMENT DATE .......................................................................................................... 25

ARTICLE VII

GENERAL PROVISIONS
Section 7.1 OPERATION AND MAINTENANCE OF THE DISPOSAL SYSTEM ....................................... 26 Section 7.2 UNCONTROLLABLE CIRCUMSTANCES GENERALLY. ....................................................... 26 Section 7.3 INDEMNIFICATION ..................................................................................................................... 27 Section 7.4 RELATIONSHIP OF THE PARTIES ............................................................................................ 27 Section 7.5 LIMITED RECOURSE. ................................................................................................................. 27 Section 7.6 PRE-EXISTING RIGHTS AND LIABILITIES ............................................................................. 27 Section 7.7 NO VESTED RIGHTS ................................................................................................................... 28 Section 7.8 LIABILITY FOR COLLECTION, TRANSPORTATION AND PROCESSING .......................... 28 Section 7.9 NO CONSEQUENTIAL OR PUNITIVE DAMAGES .................................................................. 28 Section 7.10 AMENDMENTS ............................................................................................................................ 28 Section 7.11 NOTICE OF LITIGATION ............................................................................................................ 28 Section 7.12 FURTHER ASSURANCES............................................................................................................ 28 Section 7.13 ASSIGNMENT OF AGREEMENT ............................................................................................... 28 Section 7.14 INTEREST ON OVERDUE OBLIGATIONS ............................................................................... 28 Section 7.15 BINDING EFFECT ........................................................................................................................ 28 Section 7.16 NOTICES ........................................................................................................................................ 28 APPENDIX 1

ESTIMATED ANNUAL TONNAGE
APPENDIX 2

CUMULATIVE TONNAGE
APPENDIX 3

CUMULATIVE CAPITAL COSTS
APPENDIX 4

FRANCHISE HAULER ACKNOWLEDGEMENT
APPENDIX 5

ORGANIC SERVICES AGREEMENT

WASTE INFRASTRUCTURE SYSTEM ENTERPRISE AGREEMENT
THIS WASTE INFRASTRUCTURE SYSTEM ENTERPRISE AGREEMENT (“WISE Agreement” or “Agreement” are used interchangeably) is made and dated as of the date indicated on the cover page hereof between the County of Orange, a political subdivision of the State of California (the “County”), and the city, special district, or sanitary district designated on the cover page of this Agreement (the “City”). County and City may hereinafter be referred to singularly as “Party” or collectively as “Parties.”.

RECITALS
The County owns, manages and operates a Waste Infrastructure System to manage municipal and solid waste generated within the County of Orange or imported from outside the County pursuant to contractual agreements. The Waste Infrastructure System collectively includes active Class III sanitary landfills (“County Landfills”), resource recovery, recycling and organics programs, infrastructure and operations, closed landfills, and regional household hazardous waste collection centers and other waste management related systems as may be deemed necessary by the County.

The County is also responsible for the long-term management of twenty (20) closed landfills as required under Applicable Law.

County Landfills are used for the management of municipal solid waste pursuant to legislation including but not limited to the California Integrated Waste Management Act of 1989 (Division 30 of the California Public Resources Code) (the “Act”) and the Short-lived Climate Pollutants Reduction Act (“SB 1383”). County Landfills are also subject to other State and federal regulations designed to ensure that landfill operations minimize the impacts to public health and safety and the environment.

Pursuant to Resolution, the County established the Waste Management Enterprise Fund pursuant to Government Code §25261 to ensure that all costs associated with the operation and management of the Waste Infrastructure System are financed by charges imposed for services provided by the Department and are not funded by tax revenue or the County General Fund.

The City, in the exercise of its police power, its powers under the Act, and other Applicable Law, has entered into a franchise or other agreement with or issued permits or licenses to one or more private haulers for the collection, recycling, diversion and disposal of municipal solid waste generated within the City.

A significant portion of municipal solid waste generated within the City historically has been and currently is delivered by such hauler or haulers to the County for disposal in the Disposal System.

Since 1997, the City and the County have provided for the management of municipal solid waste through Waste Disposal Agreements (“WDAs”), wherein the County agreed to provide disposal capacity for waste generated in the City, and the City agreed to deliver or cause the delivery of waste generated in the City to the Disposal System, as more specifically set forth in, and subject to the terms and conditions of the WDAs.

Starting in approximately 2014, the Legislature of the State of California passed several pieces of legislation (“Organics Legislation”) that require significant reductions in the disposal of Organic Waste. The purpose of the Organics Legislation is to mandate organics recycling and curtail the impacts of climate change by reducing greenhouse gas emissions such as methane. In this regard, the decomposition of organic material in the State’s landfills was identified as a significant source of methane that could be reduced.

The County has developed an Organics Infrastructure that is comprised of organic processing facilities to receive and process Organic Waste to support the State’s Organic Legislation goals, promote local recycling, assist local jurisdictions in meeting their organic diversion requirements and correspondingly conserve capacity in the Disposal System and is offering interested Cities the option of participating in the County provided Organic Processing Services pursuant to a separate Organic Services Agreement (“OSA”) as provided in Appendix 5.

In their effort to continue the concepts and purposes outlined in the WDAs and respond to Organics Legislation, the City and the County desire to enter into this Waste Infrastructure System Enterprise Agreement (“WISE Agreement” or “Agreement”), on the terms and conditions set forth herein. The County and City acknowledge that the currently operative WDA shall remain in full force and effect until its expiration or the WISE Agreement Commencement Date, whichever comes first.

The City has determined that the execution of this Agreement by the City will serve the public health, safety and welfare of the City by providing disposal rate stability, predictable and reliable long-term disposal service, and the continuation of sound environmental management.

The County has determined that the execution by the County of this Agreement will serve the public health, safety and welfare by providing a stable, predictable and reliable supply of municipal solid waste and the resulting service payment revenue to the Waste Infrastructure System, thereby enabling the County to plan, manage, operate and finance improvements to the Waste Infrastructure System on a prudent and sound long term, businesslike basis consistent with its legal and regulatory obligations to the State and Federal government.

Official action approving this Agreement and determining it to be in the public interest and authorizing its execution and delivery was duly taken by the County on the County authorization date indicated on the cover page hereof.

Official action approving this Agreement and determining it to be in the public interest and authorizing its execution and delivery was duly taken by the City on the City authorization date indicated on the cover page hereof.

It is, therefore, agreed as follows:

ARTICLE I

DEFINITIONS AND INTERPRETATION
SECTION 1.1 DEFINITIONS. As used in this Agreement, the following terms shall have the meanings set forth below.
“Acceptable Waste” means all garbage, refuse, rubbish, Organic Waste and other materials and substances discarded or rejected as being spent, useless, worthless or in excess to the owners at the time of such discard or rejection and which are normally disposed of by or collected from residential (single family and multi-family), commercial, industrial, governmental and institutional establishments and which are acceptable at Class III landfills under Applicable Law.
“Act” means AB 939 the California Integrated Waste Management Act of 1989 (Division 30 of the California Public Resources Code), as amended, supplemented, superseded and replaced from time to time. “Agreement” means this Waste Infrastructure System Enterprise Agreement (“WISE Agreement”) between the County and the City as the same may be amended or modified from time to time in accordance herewith. “Appendix” means an appendix to this Agreement, as the same may be amended or modified from time to time in accordance with the terms hereof
“Applicable Law” means the Act, Organics Legislation, the Orange County Code of Ordinances, CERCLA, RCRA, CEQA, any Legal Entitlement and any federal or State rule, regulation, requirement, guideline, permit, action, determination or order of any Governmental Body having jurisdiction, applicable from time to time to the siting, design, permitting, acquisition, construction, equipping, financing, ownership, possession, operation or maintenance of the Waste Infrastructure System, and the transfer, handling, transportation and disposal of Acceptable Waste, Unacceptable Waste, or any other transaction or matter contemplated hereby (including any of the foregoing which concern health, safety, fire, environmental protection, mitigation monitoring plans and building codes). “CalRecycle” means the California Department of Resources Recycling and Recovery, which is a branch of the California Environmental Protection Agency, and any agency, department or other Governmental Body which succeeds to the duties and powers thereof. CalRecycle oversees the State’s waste management and waste reduction programs. CalRecycle was established in 2010 to replace the California Integrated Waste Management Board and is responsible for the enforcement of legislation and regulations and diversion requirements applicable to the Waste Infrastructure System.
“Capital Costs” means all costs of the Waste Infrastructure System that are classified as capital costs for purposes of the budget of the Department in accordance with procedures established by the County of Orange AuditorController in compliance with the California State Controller’s Manual, including but not limited to all of the categories of costs of the Waste Infrastructure System including but not limited to “Buildings and Improvements, and Infrastructure” (Object Code 4200), “Equipment” (Object Code 4000-4040) and “Intangible” (Object Code 4250- 4299) in the County of Orange – Chart of Accounts, or any successor accounting or reporting system utilized by the County.
“CEQA” means the California Environmental Quality Act, codified in California Public Resources. Code Section 21000 et seq. as amended or superseded, and the regulations promulgated thereunder. “CERCLA” means the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C.

Section 9601 et seq., as amended or superseded, and the regulations promulgated thereunder. “Change in Law” means any of the following events or conditions which has a material and adverse effect on the performance by the parties of their respective obligations under this Agreement (except for payment obligations), or on the siting, design, permitting, acquisition, construction, equipping, financing, ownership, possession, operation or maintenance of the Waste Infrastructure System or other matters to which Applicable Law applies:
(1) the enactment, adoption, promulgation, issuance, material modification or written change in administrative or judicial interpretation on or after the Commencement Date of any Applicable Law (other than Applicable Law enacted by the County); or
(2) the order or judgment of any Governmental Body (other than the County), on or after the Commencement Date, to the extent such order or judgment is not the result of willful or negligent action, error or omission or lack of reasonable diligence of the County or of the City, whichever is asserting the occurrence of a Change in Law; provided, however, that the contesting in good faith or the failure in good faith to contest any such order or judgment shall not constitute or be construed as such a willful or negligent action, error or omission or lack of reasonable diligence; or
(3) the denial of an application for, delay in the review, issuance or renewal of, or suspension, termination, interruption, imposition of a new or more stringent condition in connection with the issuance, renewal or failure of issuance or renewal on or after the Commencement Date of any Legal Entitlement to the extent that such denial, delay, suspension, termination, interruption, imposition or failure materially and adversely interferes with the performance of this Agreement, if and to the extent that such denial, delay, suspension, termination, interruption, imposition or failure is not the result of willful or negligent action, error or omission or a lack of reasonable diligence of the County or of the City, whichever is asserting the occurrence of a Change in Law; provided, however that the contesting in good faith or the failure in good faith to contest any such denial, delay, suspension, termination, interruption, imposition or failure shall not be construed as such a willful or negligent action, error or omission or lack of reasonable diligence; or (4) any new or revised requirements or fees relating to the funding or provision of Waste Infrastructure Services, including but not limited to, Integrated Waste Management Act Fees, Host Fees, regulations for disposal operations, organics processing and diversion, recycling initiatives or activities associated with the remediation, closure, funding or monitoring of closed landfills with respect to facilities comprising the Waste Infrastructure System, or facilities which the County previously utilized to provide waste disposal, transfer, recycling, processing or other waste related activities. “City” means, as applicable, the City (general law, charter or other), Special District or Sanitary District designated on the cover page of this Agreement and party to this Agreement. “City Acceptable Waste” means all Acceptable Waste which was originally discarded by the first generator thereof within the geographical limits of the City, and Residue from the foregoing wherever produced, whether within or outside the City (or Tonnage equivalencies of such Residues, as and to the extent provided in subsection 3.1(D) hereof).
“Consumer Price Index” or “CPI” means a blend of the following two indexes based on the following percentage of each: 60% of the CPI shall be comprised of the Consumer Price Index published by the Bureau of Labor Statistics for All Urban Consumers: Water and Sewer and Trash Collection Services in U.S. City Average (CUSR0000EHG); and, 40% of the CPI shall be comprised of the Consumer Price Index for All Urban Consumers, not seasonally adjusted, all items index (CPI-U) – All items in Los Angeles-Long Beach-Anaheim (CUURS49ASA0).

In the event either of the forgoing indexes is no longer published during the term of this Agreement, such other index identified by the Bureau of Labor Statistics as a replacement or otherwise generally accepted as a replacement shall be used for purposes of this Agreement; and, in the absence thereof, the Orange County Board of Supervisors shall select an index that it determines most closely reflects the forgoing and best implements the intent of this Agreement. “Commencement Date” means the date on which the obligations of the parties hereto commence, established as provided in Section 6.2(B) hereof.
“Contract Date” means the first date on which this Agreement has been executed by both parties hereto. “Contract Rate” has the meaning specified in Section 4.2 hereof “Contract Year” means the fiscal year commencing on July 1 in any year and ending on June 30 of the following year.
“Controllable Waste” means all City Acceptable Waste with respect to which the City has the legal or contractual ability to determine the disposal location therefor and which is:
(1) Non-Recycled City Acceptable Waste;
(2) not generated from the operations of the Governmental Bodies which, under Applicable Law, have the independent power to arrange for the disposal of the waste they generate; and
(3) collected and hauled by Franchise Haulers.
“County” means the County of Orange, a political subdivision of the State of California and party to this Agreement.
“County Landfills” means all active Class III sanitary landfills located within the County of Orange and operated by the Department. At the time of execution, County Landfills consist of the Olinda Alpha Landfill located in Brea, California, the Frank R. Bowerman Landfill located in Irvine, California, and the Prima Deshecha Landfill located in San Juan Capistrano, California. (Note: The current estimated closure date for the Olinda Alpha Landfill is 2036 as specified in its Solid Waste Facility Permit. Throughout the term of this Agreement, County reserves the right to reduce, continue, expand, or cease all operation at the Olinda Alpha Landfill at its sole discretion.) “County Plan” means the integrated waste management plan of the County approved by CalRecycle pursuant to the Act as in effect from time to time.
“County Acceptable Waste” means Acceptable Waste generated in the County. “County-wide Recycling Services” has the meaning set forth in subsection 3.7(A) hereof. “Cumulative Tonnage Target” for any given Contract Year means the amount specified in Appendix 2 hereto with respect to such Contract Year.
“Department” means OC Waste & Recycling, and any agency, department or other Governmental Body which succeeds to the duties and powers thereof.
“Designated Facility” means the landfill or other County facility that the Department directs or assigns City Franchise Haulers to deliver City Acceptable Waste.
“Director” means the Director of OC Waste & Recycling.
“Disposal Services” means the solid waste disposal and other services to be provided by the County pursuant to the Service Covenant and as otherwise provided in this Agreement. “Disposal System” means the Waste Infrastructure System which includes solid waste disposal operations at active landfills; Organics Infrastructure; regional Household Hazardous Waste Collection Centers; and other waste management related systems deemed necessary by the County, as well as services, such as post-closure maintenance and other activities, at closed landfills formerly operated by the County, as appropriate under Applicable Law. “Environmental Fund” means the fund or funds held by the County to pay unanticipated costs of environmental mitigation, remediation or liability.
“Franchise Hauler” means any hauler or collector who provides Acceptable Waste collection services within the City pursuant to, or under authority granted by, a permit, contract, franchise or other agreement with the City. The term Franchise Hauler includes the City itself if Acceptable Waste collection and transportation services are provided directly by City operated municipal collection service. “Full Cost Recovery” means all facets of Department costs and responsibilities including, but not limited to; operation, maintenance and management of the Waste Infrastructure System, labor and equipment, capital projects, environmental monitoring and mitigation, site closure, legal and regulatory compliance, long-term post-closure maintenance, remediation costs, planning for contingencies associated with the County’s long-term liability and maintaining adequate financial reserves.
“Governmental Body” means any federal, State, county, city or regional legislative, executive, judicial or other governmental board, agency, authority, commission, administration, court or other body, or any officer thereof acting within the scope of his or her authority.
“Hazardous Material” or “Hazardous Substance” has the meaning given such term in CERCLA, the Carpenter-Presley-Tanner Hazardous Substance Account Act (California Health and Safety Code Section §78000 et seq.), and Titles 26 and 27 of the California Code of Regulations and other regulations promulgated thereunder. “Hazardous Waste” means (a) any waste which by reason of its quality, concentration, composition or physical, chemical or infectious characteristics may do either of the following: cause, or significantly contribute to, an increase in mortality or an increase in serious irreversible, or incapacitating reversible, illness, or pose a substantial threat or potential hazard to human health or the environment, or any waste which is defined or regulated as a hazardous waste, toxic substance, hazardous chemical substance or mixture, or asbestos under Applicable Law, as amended from time to time including, but not limited to: (1) the Resource Conservation and Recovery Act and the regulations contained in 40 CFR Parts 260-281; (2) the Toxic Substances Control Act (15 U.S.C. Sections 2601 et seq.) and the regulations contained in 40 CFR Parts 761-766; (3) the California Health and Safety Code, Section 25117 (West 1992 & Supp. 1996); (4) the California Public Resources Code, Section 40141 (West 1996); and (5) future additional or substitute Applicable Law pertaining to the identification, treatment, storage or disposal of toxic substances or hazardous wastes; or (b) radioactive materials which are source, special nuclear or by-product material as defined by the Atomic Energy Act of 1954 (42 U.S.C. Section 2011 et seq.) and the regulations contained in 10 CFR Part 40. The terms Hazardous Waste, Hazardous Material or Hazardous Substance shall be used interchangeably in this Agreement when not referring to specific Applicable Law.
“Host Fee” means the amount paid pursuant to Cooperative Agreements, referred to in Section 1.2 (I) of this Agreement, to compensate the cities identified in Section 1.2(I) (“Host Cities”) for costs or impacts incurred by Host Cities which might be associated with County Landfills due to their location within Host City boundaries, and not already substantially avoided or mitigated through the identification and adoption of Project Design Feature and Mitigation Measures.
“Imported Acceptable Waste” means Acceptable Waste that is generated outside of the geographical boundaries of the County and delivered to the Waste Infrastructure System. “Importation Agreement” means an agreement between the County and any public or private entity for the delivery and acceptance of Imported Acceptable Waste pursuant to contract. “Independent Haulers” means those waste collection/hauler companies primarily engaged as a principal business in the collection and transportation of municipal solid waste generated in the County of Orange which are not obligated to deliver County Acceptable Waste to the Waste Infrastructure System pursuant to a franchise, contract, permit or other authorization with a City in the County. “Initial Term” has the meaning specified in Section 6.1(A) hereof. “Legal Entitlement” means all permits, licenses, approvals, authorizations, consents and entitlements of whatever kind and however described which are required under Applicable Law to be obtained or maintained by any person with respect to the Waste Infrastructure System or the performance of any obligation under this Agreement or the matters covered hereby.
“Legal Proceeding” means every action, suit, litigation, arbitration, administrative or regulatory proceeding, and other legal or equitable proceeding having a bearing upon this Agreement. “Loss-and-Expense” means any and all loss, liability, obligation, damage, delay, penalty, judgment, deposit, cost, expense, claim, demand, charge, tax, or expense, including all fees and costs. “MRF Fines” mean undersized or pulverized material consisting of small fractions of waste that are created during the recycling process as Material Recovery Facilities. “Net Import Revenues” has the meaning ascribed thereto in Section 3.6(F). “Non-Recycled City Acceptable Waste” means all City Acceptable Waste other than Recycled City Acceptable Waste.
“OC Waste & Recycling Enterprise Fund” means the waste management enterprise fund established and managed by the County pursuant to Section 25261 of the Government Code separate from its other funds and accounts for receipts and disbursements in connection with the Waste Infrastructure System. “Organics Infrastructure” means organic processing facilities designed to receive and process Organic Waste to support the State’s Organic Legislation goals, promote local recycling, and/or assist local jurisdictions in meeting their organic diversion requirements which are utilized by interested Cities in connection with their participating in County-provided Organic Processing Services pursuant to a separate Organic Services Agreement. “Organics Legislation” means organics recycling legislation including AB 1594, AB 1826, SB 1383 and any future legislation pertaining to the management and diversion of Organic Waste. “Organics Processing Services” means the services provided by County to Cities that choose to enter into the Organic Services Agreement provided in Appendix 5.
“Organics Services Agreement” (“OSA”) means that separate agreement (as provided in Appendix 5) between County and interested Cities, whereby the County agrees to provide Organic Processing Services to interested Cities pursuant to the terms of the OSA.
“Organic Waste” means solid wastes containing material originated from living organisms and their metabolic waste products including, but not limited to, food, green material, landscape and pruning waste, organic textiles and carpets, lumber, wood, paper products, printing and writing paper, manure, biosolids, digestate, and sludges as defined in Title 14 of the California Code of Regulations, Section 18982(a)(46). “Overdue Rate” means the maximum rate of interest permitted by the laws of the State, if applicable, or the prime rate established from time to time by the Bank of America, N.A. or its successors and assigns, plus 2%, whichever is lower.
“Participating City” means any City executing a WISE Agreement in accordance with Section 3.6(A) hereof and meeting all requisite conditions to the Commencement Date thereof. “Participation Threshold” means the point at which the percentage of the County’s Acceptable Waste attributable to Participating Cities which have executed and delivered Agreements shall exceed 50% percent (using the percentage rates attributed to such Participating Cities in Appendix 1). “Posted Disposal Rate” means the per ton tipping fee charged by the County for the disposal of solid waste at the Disposal System by parties which are not entitled to disposal service at the Contract Rate pursuant to this Agreement or other contractual arrangement.
“Prohibited Medical Waste” means any medical or infectious waste prohibited or restricted under Applicable Law from being received by or disposed at the Disposal System. “Qualified Household Hazardous Waste” means waste materials determined by local, State, and federal regulation to be:
(1) Of a nature that they must be listed as hazardous in State statutes and regulations; (2) Toxic/ignitable/corrosive/reactive; and
(3) Carcinogenic/mutagenic/teratogenic;
which are discarded from households as opposed to businesses. Qualified Household Hazardous Waste shall not include Unacceptable Waste.
“Recycled City Acceptable Waste” means any otherwise Controllable Waste which is separated from Acceptable Waste by the generator thereof or by processing and which is “recycled” within the meaning of Section 40180 of the Public Resources Code.
“Renewal Term” has the meaning specified in Subsection 6.1(C) hereof. “Residue” means any material remaining from the processing, by any means and to any extent, of City Acceptable Waste or Recycled City Acceptable Waste; provided, however, that Residue shall not include minimal amounts of material remaining after such processing (which minimal amounts shall in no event exceed 10% of the amount of such City Acceptable Waste or Recycled City Acceptable Waste prior to processing). “Resource Conservation and Recovery Act” or “RCRA” means the Resource Conservation and Recovery Act, 42 U.S.C. Section 6901 et seq., as amended and superseded. “Restricted Reserves” has the meaning specified in Section 4.5. “Sanitary Districts” means the sanitary districts in the County formed pursuant to the Sanitary District Act of 1923, codified in California Health & Safety Code Section 6400 et seq., as amended, supplemented, superseded and replaced from time to time.
“Self-Hauled Waste” means City Acceptable Waste and City Acceptable Organic Waste collected and hauled by Self-Haulers.
“Self-Hauler” means any person not engaged commercially in waste haulage who collects and hauls Acceptable Waste generated from residential or business activities conducted by such person. “Service Coordinator” means the service coordinator for either party designated pursuant to subsection 3.5(C) hereof.
“Service Covenant” means the covenants and agreements of the County set forth in Sections 3.2 and 3.3 hereof. “Special District” means public agencies created by a Governmental Body to provide one or more specific services to a community, such as but not limited to water, sewer, refuse, parks and recreation, fire protection, pest abatement, etc.
“Source-Separated Household Hazardous Waste” means Qualified Household Hazardous Waste which has been segregated from Acceptable Waste originating or generated within the geographical jurisdiction of the City at the source or location of generation.
“Source-Separated Household Hazardous Waste Disposal System” means the collection centers, facilities, contracts and other arrangements owned or administered by the County for the receipt, handling and disposal of Source-Separated Household Hazardous Waste.
“State” means the State of California.
“Term” shall mean the term of this Agreement.
“Ton” means a “short ton” of two thousand (2,000) pounds. “Transfer Station” means any materials recovery facility, composting facility, intermediate processing facility, recycling center, transfer station or other waste handling or management facility to which solid waste collected for the City is delivered for processing before receipt in the Waste Infrastructure System. “Unacceptable Waste” means Hazardous Material; Hazardous Waste; Hazardous Substances; Prohibited Medical Waste; Qualified Household Hazardous Waste separated from Acceptable Waste; explosives, ordnance, highly flammable substances, and noxious materials and lead-acid batteries (except if delivered in minimal quantities); drums and closed containers; liquid waste, oil, human wastes; machinery and equipment from commercial or industrial sources, such as hardened gears, shafts, motor vehicles or major components thereof, agricultural equipment, trailers, marine vessels and steel cable; hot loads; and any waste which the Waste Infrastructure System is prohibited from receiving under Applicable Law.
“Uncontrollable Circumstance” means any act, event or condition affecting the Waste Infrastructure System, the County, the City, or any of their Franchise Haulers, contractors or suppliers to the extent that it materially and adversely affects the ability of either party to perform any obligation under the Agreement (except for payment obligations), if such act, event or condition is beyond the reasonable control of and is not also the result of the willful or negligent act, error or omission or failure to exercise reasonable diligence on the part of the party relying thereon as justification for not performing an obligation or complying with any condition required of such party under the Agreement; provided, however, that the contesting in good faith or the failure in good faith to contest such action or inaction shall not be construed as willful or negligent action or a lack of reasonable diligence of either party. Examples of Uncontrollable Circumstances are:
(1) an act of God, landslide, lightning, earthquake, fire, explosion, flood, sabotage or similar occurrence, acts of a public enemy, extortion, war, blockade or insurrection, riot or civil disturbance, epidemic; and
(2) a Change in Law.
“Unincorporated Area” means those portions of the County which are not contained within the jurisdictional boundaries of incorporated cities.
“Unincorporated Area Acceptable Waste” means Acceptable Waste originating from or generated within the Unincorporated Area.
“Unrestricted Reserves” means cash and other reserves of the Waste Infrastructure System which are not Restricted Reserves.
“Waste Disposal Covenant” means the covenants and agreements of the City set forth in Section 3.1 hereof. “Waste Infrastructure System” or “Disposal System” means County owned or operated waste management related facilities, including active Class III sanitary landfills (“County Landfills”), closed landfills managed by the County, resource recovery operations, Organics Infrastructure, recycling and organics programs, infrastructure and operations, and regional household hazardous waste collection centers and other waste management related systems as may be deemed necessary by the County.
“WISE” means Waste Infrastructure System Enterprise.
“WISE Agreements” means each of the WISE agreements entered into between the County and any City within the County, Special District, Sanitary District, Jurisdiction, or operator of any Franchise Hauler located in the County in accordance with the terms herewith.

SECTION 1.2 INTERPRETATION. In this Agreement, unless the context otherwise requires:
(A) References Hereto. The terms “hereby”, “hereof”, “herein”, “hereunder”, “herewith”, and any similar terms refer to this Agreement, and the term “hereafter” means after, and the term “heretofore” means before, the Contract Date.
(B) Gender and Plurality. Words of the masculine gender mean and include correlative words of the feminine and neuter genders and words importing the singular number mean and include the plural number and vice versa.
(C) Persons. Words importing persons include firms, companies, associations, general partnerships, limited partnerships, trusts, business trusts, corporations and other legal entities, including public bodies, as well as individuals.
(D) Headings. The table of contents and any headings preceding the text of the Articles, Sections and subsections of this Agreement shall be solely for convenience of reference and shall not constitute a part of this Agreement, nor shall they affect its meaning, construction or effect. (E) No Third Party Beneficiaries. Nothing in this Agreement is intended to confer on haulers or any other person other than the parties hereto and their respective permitted successors and assigns hereunder any rights or remedies under or by reason of this Agreement. (F) Counterparts. This Agreement may be executed in any number of original counterparts. All such counterparts shall constitute but one and the same Agreement. (G) Applicable Law and Venue. This Agreement has been negotiated and executed in the State of California and shall be governed by and construed under the laws of the State of California. In the event of any legal action to enforce or interpret this Agreement, the sole and exclusive venue shall be a court of competent jurisdiction located in Orange County, California, and the parties hereto agree to and do hereby submit to the jurisdiction of such court, notwithstanding Code of Civil Procedure Section 394. Furthermore, the parties specifically agree to waive any and all rights to request that an action be transferred for adjudication to another county. (H) Severability. If any clause, provision, subsection, Section or Article of this Agreement shall be ruled invalid by any court of jurisdiction, then the parties shall: (1) promptly meet and negotiate a substitute for such clause, provision, subsection, Section or Article which shall, to the greatest extent legally permissible, effect the intent of the parties therein; (2) if necessary or desirable to accomplish item (1) above, apply to the court having declared such invalidity for a judicial construction of the invalidated portion of this Agreement; and (3) negotiate such changes in, substitutions for or additions to the remaining provisions of this Agreement as may be necessary in addition to and in conjunction with items (1) and (2) above to effect the intent of the parties in the invalid provision. The invalidity of such clause, provision, subsection, Section or Article shall not affect any of the remaining provisions hereof, and this Agreement shall be construed and enforced as if such invalid portion did not exist, unless such invalidity frustrates the underlying primary purpose of the Agreement. (I) Integration; Preservation of Certain Agreements. This Agreement contains the entire agreement between the parties with respect to the transactions contemplated hereby. This Agreement shall completely and fully supersede all prior understandings and agreements between the Parties with respect to such transactions; provided; however, that this Agreement shall not supersede the following Cooperative Agreements as they currently exist or as they may be amended in the future:
1) Cooperative Agreement between the City of Brea and the County of Orange regarding the Olinda Alpha Landfill.
2) Cooperative Agreement between the City of Irvine and the County of Orange regarding the Frank R. Bowerman Landfill.
3) Cooperative Agreement between the City of San Juan Capistrano and the County of Orange regarding the Prima Deshecha Landfill.

ARTICLE II

REPRESENTATIONS AND WARRANTIES
SECTION 2.1 REPRESENTATIONS AND WARRANTIES OF THE CITY. The City represents and warrants that:
(A) Existence. The City is a general law or charter city or a Special District or Sanitary District validly existing under the Constitution and laws of the State. (B) Due Authorization. The City has duly authorized the execution and delivery of this Agreement, and this Agreement has been duly executed and delivered by the City.

SECTION 2.2 REPRESENTATIONS AND WARRANTIES OF THE COUNTY. The County represents and warrants that:
(A) Existence. The County is a political subdivision of the State of California validly existing under the Constitution and laws of the State.
(B) Due Authorization. The County has duly authorized the execution and delivery of this Agreement, and this Agreement has been duly executed and delivered by the County.

ARTICLE III

DELIVERY AND ACCEPTANCE OF WASTE

AND PROVISION OF WASTE

MANAGEMENT AND DISPOSAL SERVICE
SECTION 3.1 DELIVERY OF WASTE.
(A) Waste Management and Disposal Covenant. Subject to the occurrence of the Commencement Date and throughout the Term of this Agreement, and subject to available Waste Infrastructure System capacity, the City shall exercise all legal and contractual power and authority which it may possess from time to time to deliver or cause the delivery of all Controllable Waste to the Waste Infrastructure System in accordance herewith. (B) Recycled City Acceptable Waste. The parties hereto acknowledge the responsibility of the City to meet its own recycling and landfill diversion goals contained in the Act and Organics Legislation. Nothing in this Agreement is intended or shall be interpreted to prohibit or impair the ability of the City to meet such responsibilities, or to restrict the right of the residents, businesses or organizations in the City to practice source separation, recycling, composting or other materials recovery activities, or to restrict the right of the City to conduct, sponsor, encourage or require such activities in any form. No reduction in the amount of Controllable Waste generated in the City and delivered to the Waste Infrastructure System by or on behalf of the City which may result from any such source separation or recycling program shall cause the City any liability hereunder (other than potential adjustment to the Contract Rate to the extent provided in Article IV hereof) and shall not constitute a breach of this Agreement.
(C) Waste Delivered to Transfer Station. All Residue from any processing of Controllable Waste by materials recovery, composting, recycling or other means, wherever performed, shall constitute Controllable Waste and be subject to the Waste Disposal Covenant. Where City Acceptable Waste is processed at a facility which concurrently processes other Acceptable Waste in a manner which produces commingled residue which cannot be traced to a geographic source, generic residues from such facility in Tonnage equal to the residues that would have been produced had City Acceptable Waste only been processed at the facility shall constitute Controllable Waste and be subject to the Waste Disposal Covenant. Any City Acceptable Waste or material derived or segregated therefrom which is held in storage and asserted by the possessor thereof to constitute Recycled City Acceptable Waste awaiting sale or distribution to the secondary materials markets shall constitute Controllable Waste if, when and to the extent that the storage or diversion thereof can be reasonably deemed to constitute an evasion of the Waste Disposal Covenant rather than generally recognized, accepted and prevailing practice in the Southern California materials recovery and recycling industry conducted in accordance with Applicable Law. In order for the owner and/or operator of a transfer station to be entitled to deliver Acceptable Waste from a Participating City to the Waste Infrastructure System for the Contract Rate as provided in Article IV, such owner and/or operator must execute a direct agreement with the County, acknowledging and agreeing to comply with the obligation of the Participating City to cause the delivery of all Controllable Waste to the Waste Infrastructure System pursuant to this Agreement. In addition, the County shall be authorized to implement procedures to determine if Acceptable Waste delivered by the owners or operators of Transfer Stations is entitled to utilize the Waste Infrastructure System for the Contract Rate. Such procedures may include requiring Transfer Stations to certify, under penalty of perjury, the source of any such Acceptable Waste. If necessary, the County may require that, in order to qualify for use of the Waste Infrastructure System for the Contract Rate, Transfer Stations must deliver Controllable Waste in loads containing only Controllable Waste, and not commingled with Acceptable Waste from entities which are not Participating Cities or Participating Independent Haulers. (D) Power to Obligate Waste Disposal and Comply with this Agreement. On or before the Commencement Date, (i) any City franchise, contract, lease, or other agreement which is lawfully in effect relating to or affecting Controllable Waste shall provide, or shall have been amended to provide, that the City shall have the right without material restriction on and after the Commencement Date to direct the delivery of all Controllable Waste to the County Waste Infrastructure System (whether or not such Controllable Waste is delivered to a transfer station as an intermediate step prior to landfill disposal) and otherwise to comply with its obligations under this Agreement with respect to Controllable Waste and Franchise Haulers, and (ii) the City shall designate the Waste Infrastructure System as the disposal location pursuant to such franchise, contract, lease or other agreement. On and after the Commencement Date and throughout the Term of this Agreement the City (a) shall not enter into any franchise, contract, lease, agreement or obligation, issue any permit, license or approval, or adopt any ordinance, resolution or law which is materially inconsistent with the requirements of the Waste Disposal Covenant, and (b) shall maintain non-exclusive or exclusive franchises or other contractual arrangements over any City Acceptable Waste which, as of the Contract Date, is subject to non-exclusive or exclusive franchise or other contractual arrangements. The City agrees that the County shall be a third party beneficiary of the obligation of Franchise Haulers to deliver Controllable Waste to the Waste Infrastructure System, and may directly enforce such obligation through any legal means available. The City shall notify in writing each Franchise Hauler of the County’s third party beneficiary rights. (E) Controllable Waste Flow Enforcement.
(1) The City, in cooperation with the Department, shall establish, implement, carry out and enforce a waste flow enforcement program which is sufficient to assure the delivery of all Controllable Waste to the Waste Infrastructure System pursuant to and in accordance with the Waste Disposal Covenant for Controllable Waste disposal at the times and in the manner provided herein. The waste flow enforcement program shall consist of amending City franchises, permits or authorizations with all Franchise Haulers, to the extent required by this Section and to the extent allowed by law, and shall include in addition, to the extent necessary and appropriate in the circumstances to assure compliance with the Waste Disposal Covenant, but shall not be limited to:
(i) licensing or permitting Franchise Haulers, upon the condition of compliance with the Waste Disposal Covenant,
(ii) providing for and taking appropriate enforcement action under any such franchise, license, or permit, such as but not limited to the suspension, revocation and termination of collection rights and privileges, the imposition of fines or collection of damages, and the exercise of injunctive relief against non-complying Franchise Haulers and
(iii) causing any Transfer Station to which Controllable Waste is delivered for processing to deliver certification, under the penalty of perjury, of the amounts of Controllable Waste received and Residue remaining from processing at such Transfer Station.
(2) The City acknowledges and agrees that in the event of a breach of the Waste Disposal Covenant by the City, the City shall pay the County an amount equal to the amount that the City would have been required to pay to the County had the Waste Disposal Covenant not been breached, which shall be calculated by: (1) subtracting the number of tons actually delivered during the month(s) of the breach from the number of tons that were delivered during the same month(s) closest in time when there was no such breach, even if such month(s) closest in time was prior to the Term, and (2) multiplying such amount by the Contract Rate in effect at the time of such breach (or any higher rate with respect to which the County has provided notice pursuant to Section 4.2). In the event that the County terminates the Agreement as a result of such breach, the damages due as a result of such termination shall be equal to the average monthly deliveries by the City for the twelve (12) months prior to the commencement of the breach multiplied by the Contract Rate in effect at the time of such breach (or any higher rate with respect to which the County has provided notice pursuant to Section 4.2), multiplied by the number of months that would have remained in the Term of the Agreement had the termination not occurred. The parties recognize that if the City fails to meet its obligations hereunder, the County will suffer damages and that it is and will be impracticable and extremely difficult to ascertain and determine the exact amount of such damages. Therefore, the parties agree that the damages specified above represent a reasonable estimate of the amount of such damages, considering all of the circumstances existing on the date hereto, including the relationship of the sums to the range of harm to the County that reasonably could be anticipated and anticipation that proof of actual damages would be costly or inconvenient. In signing this Agreement, each party specifically confirms the accuracy of the statements made above and the fact that each party had ample opportunity to consult with legal counsel and obtain an explanation of this liquidated damage provision at the time that this Agreement was made.
(F) Legal Challenges to Franchise System. The City shall use its best efforts to preserve, protect and defend its right to exercise and comply with the Waste Disposal Covenant against any challenge thereto, legal or otherwise (including any lawsuits against the City or the County, whether as plaintiff or defendant), by a Franchise Hauler or any other person, based upon breach of contract, violation of law or any other legal theory. The City shall bear the cost and expense of any such Legal Proceeding or other challenge. In the event any such Legal Proceeding relating to the Waste Disposal Covenant or the City’s exercise thereof establishes in a final determination that such covenant or exercise thereof is void, unlawful or unenforceable, or if any Franchise Hauler fails to deliver Controllable Waste to the Waste Infrastructure System in breach of its franchise with the City on the grounds that a judicial determination made by any court or other Applicable Law has rendered its obligation to deliver Controllable Waste to the Disposal System void, unlawful or unenforceable on any legal grounds, with the result that actual waste deliveries to the Disposal System fall below the Cumulative Tonnage Targets, the County shall be entitled to avail itself of the remedies described in Section 4.2(B) hereof.
(G) Franchise Haulers. The City shall compile and provide the Department with the following information concerning all Franchise Haulers: name, address and phone number; identification number; area of collection and transportation; and franchise and permit terms. (H) Waste Information System. The City shall cooperate with the Department in collecting information and otherwise monitoring Franchise Haulers in order to assure compliance with this Agreement, the Act, Organics Legislation, or other Applicable Law. Such information may include information such as, data pertaining to Controllable Waste collected, transported, stored, processed and disposed of, Recycled City Acceptable Waste collected, transported, stored, processed and marketed or disposed of, Controllable Organic Waste collected, stored, processed and marketed or disposed of, Franchise Haulers’ franchise, permit or license terms, collection areas, transportation routes and compliance with Applicable Law; and all other information which may reasonably be required by the Department in connection with this Agreement. The City agrees to include in any revised franchise, contract, license or permit or other authorization granted to Franchise Haulers an obligation of the Franchise Hauler to provide to the County information relating to the Controllable Waste collected by such Franchise Hauler, including origins from which such Controllable Waste was collected (identifying Controllable Organic Waste, Recycled City Acceptable Waste, or as otherwise may be required under this Agreement or under Applicable Law), tonnage by type of load (residential, commercial, roll-off box), customer service levels, tonnage delivered by transfer station or material recovery facility utilized, and other related information. (I) City Actions Affecting County. The City agrees to carry out and fulfill its responsibilities under this Agreement and Applicable Law so as to permit full and timely compliance by the County with its covenants and agreements with the State. In particular, the City agrees not to conduct, authorize or permit any disposal services for Controllable Waste to be provided in competition with the Disposal Services provided by the County hereunder, and not to take or omit to take any action with respect to Controllable Waste, its collection, transportation, transfer, storage, treatment, processing, or disposal that may materially and adversely affect the County’s ability to achieve such timely compliance. Notwithstanding the foregoing, the City shall not be required to deny any permit or license or refuse to grant any approval while exercising its police powers. (J) No Right of Waste Substitution. Nothing in this Agreement shall authorize or entitle the City to deliver or cause the delivery to the Waste Infrastructure System of Acceptable Waste or Acceptable Organic Waste originating from or generated outside the jurisdiction of the City, nor obligate the County to receive or dispose of any such Acceptable Waste or Acceptable Organic Waste. The City shall not assign in whole or in part its right to deliver or cause to be delivered Controllable Waste or Controllable Organic Waste to the County hereunder, and shall not permit any Acceptable Waste or Acceptable Organic Waste originating from or generated outside the jurisdiction of the City to be substituted for Controllable Waste or Controllable Organic Waste for any purpose hereunder. (K) Annexations and Restructuring. It is the intention of the parties that this Agreement and the obligations and rights of the City hereunder, including particularly the Waste Disposal Covenant and the Contract Rate, shall, to the extent permitted by Applicable Law, extend to any territory annexed by the City (or any territory with respect to which the City assumes solid waste management responsibility from a Sanitary District or other public entity) and shall bind any successor or restructured Governmental Body which shall assume or succeed to the rights of the City under Applicable Law.

SECTION 3.2 PROVISION OF WASTE INFRASTRUCTURE SERVICES BY THE COUNTY. (A) Service Covenant. Commencing on the Commencement Date, and subject to available Waste Infrastructure System capacity, the County shall provide or cause the provision of the service of receiving and disposing of all Controllable Waste at the Waste Infrastructure System, and, in accordance with subsection 3.3(C) hereof, disposing of Unacceptable Waste inadvertently accepted at the Disposal System. The County, to the maximum extent permitted under Applicable Law, shall use its best efforts to increase source reduction, materials recovery, recycling, organic processing or other waste diversion in the region as may be required by law or which result in the long-term preservation of landfill disposal capacity and to keep the Waste Infrastructure System open for the receipt of Acceptable Waste for disposal or transfer of Controllable Waste pursuant to this Agreement. The County shall do and perform all acts and things which may be reasonably necessary or desirable in connection with its covenants in this subsection, including without limitation all planning, development, administration, implementation, construction, operation, maintenance, management, financing and contract work related thereto or undertaken in connection therewith. The County shall exercise all reasonable efforts to minimize the costs incurred in complying with the Service Covenant consistent with its responsibilities hereunder and under this Agreement, Applicable Law and prudent solid waste management practice and environmental considerations. (B) Source-Separated Household Hazardous Waste. The County shall maintain, as part of the Waste Infrastructure System, a Source-Separated Household Hazardous Waste Disposal System for the disposal of Source-Separated Household Hazardous Waste. The disposal service provided by such system shall constitute part of the Disposal Services, and shall be available to Participating Cities as part of the Contract Rate. The County may impose additional fees and charges for new services relating to Source-Separated Household Hazardous Waste or with respect to cities which are not parties to an Agreement. The County may provide for the expansion, contraction or modification of the Source-Separated Household Hazardous Waste Disposal System and its services to the extent necessary to ensure the Waste Infrastructure System’s viability. (C) Designated Facilities. County and City will coordinate in determining the primary landfill used for disposal and processing of Controllable Waste. The Department shall immediately advise the City by telephone of any situation, event or circumstance which results in the partial or complete inability of the County to receive Controllable Waste at any particular landfill within the Waste Infrastructure System, its effect on the County’s ability to perform its obligations hereunder, and the County’s best estimate of the probable duration. The Department shall confirm such advice in writing within twenty four (24) hours of the occurrence of any such inability. The County shall use its best efforts to resume normal operation of the landfill used by the City as soon as possible. In the event a situation, event or circumstance results in the partial or complete inability of the County to receive Controllable Waste at any particular landfill within the Waste Infrastructure System the County shall have the right to redirect Controllable Waste to another landfill within the Waste Infrastructure System for the duration of the situation, event or circumstance; provided, however, that in such circumstances the County shall utilize reasonable efforts to first redirect waste which is not Controllable Waste. In no event shall the County be required to accept Controllable Waste if it does not have sufficient permitted disposal capacity within the Waste Infrastructure System. (D) Compliance with Service Covenant Not Excused for any Reason. Commencing on the Commencement Date, and subject to the terms of this Agreement, the obligations of the County to duly observe and comply with the Service Covenant, in accordance with Applicable Law, shall apply continuously and without interruption for the Term of this Agreement. In the event that any Change in Law, situation, event or other Uncontrollable Circumstance impairs or precludes compliance with the Service Covenant by the means or methods then being employed by the County, the County shall use best efforts to implement alternative or substitute means and methods to enable it to satisfy the terms and conditions of the Service Covenant. In the event that a Change in Law precludes the County from complying with such covenants with the means or methods then being employed and from utilizing any alternate or substitute means or methods of compliance, the County shall continuously use all reasonable efforts to effectuate executive, legislative or judicial change in or relief from the applicability of such law so as to enable the County lawfully to resume compliance with such covenants as soon as possible following the Change in Law.

County failure to duly observe and comply with the Service Covenant due to its efforts to comply with Applicable Law, shall not constitute a breach under this Agreement, and shall excuse County performance to the extent necessary to comply with Applicable Law.

If the alternative or substitute means and methods proposed for the County to observe and comply with the Service Covenant are more costly than the previously used means and methods, County shall be entitled to a corresponding Contract Rate increase to cover any associated additional costs pursuant to the provisions of Section 4.2 of this Agreement.

SECTION 3.3 COUNTY RIGHT TO REFUSE WASTE.
(A) Right of Refusal. Notwithstanding any other provision hereof, the County may refuse delivery of:
(1) Hazardous Waste;
(2) Controllable Waste delivered at hours other than those provided in Section 3.5 hereof; (3) Waste that does not constitute Acceptable Waste;
(4) Acceptable Waste delivered by City but originating from or generated outside the jurisdiction of the City;
(5) Controllable Waste consisting primarily of construction and demolition debris or inert material which may cause a particular facility’s daily tonnage limit to be exceeded; (6) Acceptable Waste in excess of permitted limits; and (7) Acceptable Waste that would result in County violating Applicable Law. (B) Identification of Unacceptable Waste. The Department shall have the right (but not the duty or the obligation) to inspect the vehicles of all Franchise Haulers delivering material to the Waste Infrastructure System, and may require that the Franchise Hauler remove any Unacceptable Waste from such vehicle before it is unloaded. If the Department determines that it is impractical to separate Controllable Waste from Unacceptable Waste in any vehicle, or if the Franchise Hauler delivering such waste is unwilling to make such separation, or if any vehicle is carrying waste which may spill or leak, then the Department may reject the entire vehicle, and the City shall forthwith remove or cause the removal of the entire delivery from the Waste Infrastructure System. The Department may take all reasonable measures to prevent waste from being blown or scattered before and during unloading. The City shall cause the Franchise Haulers to observe and comply with Applicable Law, the operating rules and regulations of the Department, and the provisions of this Agreement prohibiting the delivery of Unacceptable Waste to the Waste Infrastructure System.
(C) Hazardous Waste and Hazardous Substances. The parties acknowledge that the Waste Infrastructure System has not been designed or permitted to accept Hazardous Waste or Hazardous Substances, and is not intended to be used in any manner or to any extent, for the handling, transportation, storage or disposal of Hazardous Waste, Hazardous Material or Hazardous Substances. Neither the County nor the City shall countenance or knowingly permit the delivery of Hazardous Waste or Hazardous Substances to the Waste Infrastructure System.

City shall be responsible for the costs of removal, and any regulatory fines, associated with the knowing delivery of any Hazardous Substances to the Waste Infrastructure System by the City or its Franchise Hauler. (D) Disposal of Unacceptable Waste and Hazardous Waste. If Unacceptable Waste or Hazardous Waste is discovered in a vehicle at any facility within the Waste Infrastructure System, the driver of the vehicle will not be permitted to discharge the load. If a vehicle is observed unloading Unacceptable Waste or Hazardous Waste in the tipping area of a facility within the Waste Infrastructure System Department personnel will use reasonable efforts to assure that such material has been characterized, properly secured and its disposition resolved. The return or reloading onto the delivery vehicle of any Hazardous Waste, Prohibited Medical Waste or other waste requiring handling or transportation shall be conducted in accordance with Applicable Law. Whenever Hazardous Waste is detected at any facility within the Waste Infrastructure System, the Department shall take immediate action in accordance with Applicable Law.

SECTION 3.4 UNINCORPORATED AREA ACCEPTABLE WASTE.

Commencing on the Commencement Date, the County in accordance with Applicable Law shall provide or cause to be provided the service of disposing of non-recycled Acceptable Waste originating or generated within the Unincorporated Area and, with respect to such material, shall comply with the Waste Disposal Covenant as if the County constituted a City subject to the Waste Disposal Covenant hereunder. Rates charged by the County for the disposal of each class of non-recycled Acceptable Waste generated in the Unincorporated Area shall be the same as the Contract Fee charged for the disposal of each class of Controllable Waste. The County shall use its best efforts to preserve, protect and defend its right to exercise and comply with the Waste Disposal Covenant (with respect to non-recycled Acceptable Waste generated in the Unincorporated Area) against any challenge thereto, legal or otherwise, by a Franchise Hauler or any other person, based upon breach of contract, violation of law or any other legal theory. The County shall bear the cost and expense of any such Legal Proceeding or other challenge (with respect to non-recycled Acceptable Waste generated in the Unincorporated Area).

SECTION 3.5 MISCELLANEOUS OPERATIONAL MATTERS.
(A) Operating Hours. The County shall keep the Waste Infrastructure System open for the receiving of Acceptable Waste during such regular operating hours as may be established by the Department in the operating rules and regulations applicable to the Waste Infrastructure System. The County reserves the right to modify the operating days and hours to comply with Applicable law or as otherwise may be deemed necessary by the County. (B) Scales and Weighing. The Department shall operate and maintain permanent scales at the Waste Infrastructure System as required by Applicable Law. The Department shall weigh all vehicles delivering waste by or on behalf of the City (whether or not the County accepts such waste) and prepare a daily weight record with regard to such delivery.
(C) Service Coordinator. The County and the City each shall designate in writing thirty (30) days prior to the expected Commencement Date a person to transmit instructions, receive information and otherwise coordinate service matters arising pursuant to this Agreement (each a “Service Coordinator”). Either Party may designate a successor or substitute Service Coordinator at any time by notice to the other Party. (D) Review of Records. Each Party may review the other Party’s books and records with respect to matters relevant to the performance by either Party under this Agreement or otherwise related to the operation of the Waste Infrastructure System to the extent allowed under the California Public Records Act (interpreted as if the Parties to this Agreement were natural persons for purposes of the Public Records Act).

SECTION 3.6 OTHER USERS OF THE DISPOSAL SYSTEM.
(A) On or Before April 30, 2026, the County shall have the right to enter into WISE Agreements with Orange County entities with respect to Acceptable Waste which was originally discarded by the first generator thereof within the geographical limits of the County, including other cities in the County, Special Districts, Sanitary Districts, Franchise Haulers and Independent Haulers. Agreements entered into during this period shall have terms and provisions substantially identical to the terms and provisions of this Agreement; provided, however, that in no event shall such agreements have terms and provisions more favorable than the terms and provisions of this Agreement (including but not limited to the Contract Rate and availability of disposal capacity). (B) After April 30, 2026, the County shall have the right to enter into WISE Agreements with Orange County entities, including any city, Special Districts, Sanitary Districts, Franchise Haulers and Independent Haulers, or otherwise accept Acceptable Waste from such parties, but only within the limitations contained in this Section. Any such agreement or waste acceptance agreement must provide that the party delivering waste shall pay a Disposal Rate at least 10% higher than the Contract Rate unless the County determines it is in the best interest of the Waste Infrastructure System to establish a Disposal Rate less than 10% higher than the Contract Rate. In no event shall the Disposal Rate be less than the Contract Rate. In addition, the County shall reserve the right in any such agreement to at any time, to the extent permitted by Applicable Law, refuse to receive and dispose of Acceptable Waste from any city, Special District, Sanitary District, Franchise Hauler and Independent Hauler if and to the extent that such receipt and disposal might materially and adversely affect the ability of the County to comply with its obligations to the Participating Cities under the WISE Agreements to which each is a party. (C) Posted Disposal Rate. The Posted Disposal Rate shall at all times be at least 10% higher than the Contract Rate.
(D) Self-Haulers. The City and the County acknowledge that Self-Haulers shall be entitled to deliver Self-Hauled Waste to the Waste Infrastructure System, on a non-contract basis, at the Posted Disposal Rate.

Such Self-Haulers shall not be entitled to dispose of Acceptable Waste for the Contract Rate. (E) Receipt of Imported Acceptable Waste on a Contract Basis. The County shall have the right to enter into Importation Agreement(s) with any public or private entity for the delivery of Imported Acceptable Waste on terms and conditions that the County determines to be necessary to ensure and enhance the viability of the Waste Infrastructure System and to generate Net Import Revenues. In no event shall such Importation Agreements, entered into after the Commencement Date, include a per ton tipping fee or Disposal Rate for Imported Acceptable Waste that is less than the Contract Rate. The County certifies that in its good faith judgment the contract or other agreement for the delivery of such waste will not materially and adversely affect the ability of the County to receive and dispose of Acceptable Waste from the Participating Cities in accordance with the applicable WISE Agreements throughout the Term thereof; and, should the delivery of waste subject to Importation Agreements adversely affect the County’s ability to receive and dispose of Controllable Waste from Participating Cities the County will prioritize receipt and disposal of Controllable Waste delivered pursuant to applicable WISE Agreements. (F) Application and Use of Revenues From Other Users.
(1) County Acceptable Waste: Throughout the Term hereof, all revenues received by the County from the disposal or processing of County Acceptable Waste into the Waste Infrastructure System (including Surcharges, and any and all fine, penalty, liquidated damages or other damages, grants, awards or revenue received by the County in connection with the Waste Infrastructure System), shall be deposited by the County in the County OC Waste & Recycling Enterprise Fund and shall constitute revenues of the Waste Infrastructure System.
(2) Imported Acceptable Waste: Throughout the Term hereof, all revenues received by the County, pursuant to an Importation Agreement, for the disposal or processing of Imported Acceptable Waste into the Waste Infrastructure System (including Surcharges, and any and all fine, penalty, liquidated damages or other damages or revenue received by the County in connection with the Waste Infrastructure System), shall first be applied toward all of the costs attributable to the acceptance and management of such Imported Acceptable Waste into the Waste Infrastructure System. Costs attributable to the disposal of Imported Acceptable Waste include, but are not limited to, deposits to the Environmental Fund, deposits to closure and post-closure reserves, Host Fees (if applicable), incremental operating costs (such as manpower expenditures, equipment, services and supplies expenditures), State surcharges, regulatory fees, charges or penalties, and a pro rata share of capital project costs. Revenue remaining after costs attributable to the disposal and management of Imported Acceptable Waste shall be considered “Net Import Revenues” and shall be calculated and distributed as follows:
(i) Calculation: Net Import Revenues are estimated to be 30% of the revenues received by the County from the disposal of Imported Acceptable Waste (excluding any newly established per-ton fees or increases to existing per-ton fees with respect to Imported Acceptable Waste payable to the State, other regulatory agencies or cities in which facilities in the Waste Infrastructure System are located.) (ii) Distribution: Net Import Revenues shall be distributed as follows; a. 50% of any Net Import Revenues shall be paid to the County General Fund. b. 50% of such Net Import Revenues shall be paid to the Participating Cities (and to the County, with respect to the unincorporated area) listed in Appendix 1 for use for any purpose by the Participating City, including but not limited to State mandated solid waste programs. Payments of such amount to the County General Fund and the Participating Cities shall be made by the County within ninety (90) days after the end of each fiscal year. The portion of Net Import Revenues specified above payable to the Participating Cities shall be apportioned in the percentages set forth in Appendix 1.
c. The percentages set forth in Appendix 1 with respect to each Participating City shall be annually reviewed and adjusted every five (5) years by the County to reflect the percentage of deliveries of Acceptable Waste from each Participating City averaged over the last five (5) years. The County shall notify Participating Cities of the revised percentages in Appendix 1 within one hundred and twenty (120) days of the end of each fiscal year.

SECTION 3.7 COUNTY PROVISION OF WASTE DIVERSION SERVICES. (A) County-Wide Recycling and Diversion Services. Unless otherwise specifically provided in this Agreement, County is not required to provide for any source reduction, materials recovery, recycling, organic processing or other waste diversion services under this Agreement. However, County may choose to provide CountyWide Recycling Services funded through the County OC Waste & Recycling Enterprise Fund at its sole discretion on the condition that provision of said services shall be funded in a manner that does not impact the Contract Rate without first going through the process outlined in Section 4.2 and expressly agreed to by 50% of Participating Cities. (B) Organic Processing and Diversion Services. The County has developed Organics Infrastructure and programs available to interested Cities intended to assist Cities in meeting their diversion and Organic Legislative Recycled Organic Waste Procurement goals and to promote the processing and diversion of Organic Waste into compost or other material that qualifies as diversion under Applicable Law. Cities interested in receiving County provided Organic Processing Services may enter into the separate Organic Services Agreement (“OSA”) provided in Appendix 5 of this Agreement.
(C) Food Waste Processing and Diversion. County is in the process of evaluating the options and feasibility of development of a Commercial Food Waste Processing Infrastructure. If developed, Cities will be provided an opportunity to participate in this service on terms which shall be separately agreed upon by the Parties. (D) Edible Food Recovery Programs. County is in the process of evaluating the options and feasibility of development of regional County-wide edible food recovery programs to assist Cities in meeting State mandated goals. The intent of Edible Food Recovery to address the food hierarchy and wasted food scale on a regional level through collaboration of all jurisdictions, key local, State and federal stakeholders, the non-profit sector and business sector. City agrees to reasonably cooperate with County efforts and collaborate on data analysis and reporting to provide jurisdictions reports for compliance under SB 1383. If developed, Cities will be provided an opportunity to participate in this service on terms which shall be separately agreed upon by the Parties. (E) Recycling Market Development Zone (“RMDZ”) Program. The RMDZ program, administered by the California Department of Resource Recycling and Recovery (CalRecycle), combines recycling with economic development to support business that use materials from the waste stream to manufacture their products.

The program offers loans, technical assistance and product marketing to eligible businesses located within designates zones. City agrees to reasonably cooperate and collaborate with County in support of the RMDZ program. (F) Separate City-County Diversion Service Agreements. Nothing in this Agreement is intended to limit the right of the County to enter into a separate agreement with the City or any other person to provide source reduction, materials recovery, recycling, composting or other waste diversion services. Any such program conducted by the County, whether in participation with the City, any other of the Participating Cities, other Cities, Special Districts, Sanitary Districts, Franchise Haulers, Independent Haulers, Unincorporated Area or non-County entity, shall be operated, managed and accounted for as a program separate and distinct from the Disposal Services program contemplated by the WISE Agreements and shall not be funded through the general revenues of the Disposal System.

ARTICLE IV

CONTRACT RATE
SECTION 4.1 CHARGING AND SECURING PAYMENT OF CONTRACT RATE. The City acknowledges that the County shall have the right to charge and collect a Contract Rate for the acceptance, disposal, and processing of Controllable Waste delivered to the Waste Infrastructure System by City or its Franchise Hauler. The Contract Rate shall be calculated and established, and may be modified, as provided in Section 4.2 hereof. In addition, the City acknowledges that the County shall have the right to establish as part of the operating rules and regulations reasonable measures to secure the payment of all Contract Rates.

SECTION 4.2 CONTRACT RATE.
(A) Establishment of Contract Rate. The Contract Rate payable by each City or Franchise Hauler shall be a three (3) year progressive Contract Rate of $67/ton (July 1 2026 through June 30, 2027), $74/ton (July 1, 2027 through June 30, 2028), and $81/ton (July 1, 2028 through June 30, 2029) and contingent on the delivery to the Waste Infrastructure System of an amount of City Acceptable Waste at least equal to the Cumulative Tonnage Targets identified in Appendix 2, and subject to adjustment necessary to reflect the circumstances set forth in this Section 4.2 including but not limited to:
(i) increased costs incurred by the County (in excess of available insurance proceeds) due to the occurrence of one or more Uncontrollable Circumstances, other than Changes in Law; (ii) costs incurred by the County (in excess of available insurance proceeds and amounts available in the Environmental Fund for such purposes) remediating environmental conditions at the Disposal System or inactive or closed disposal sites in the County, which, if uncorrected, could give rise to potential claims under CERCLA or related federal or State statutes, including costs incurred providing indemnification to any Participating City pursuant to subsection 7.3;
(iii) tonnage shortfalls to the extent permitted by Sections 4.2(B); (iv) County determination that the Department revenue is insufficient to meet Full Cost Recovery requirements.
(v) increased costs incurred by the County due to the occurrence of one or more Changes in Law;
(vi) Capital Costs in excess of the Capital Costs at any point in time during the term hereof exceeding the Cumulative Capital Costs set forth in Appendix 3; (vii) Provision of new or expanded services, provided on terms as agreed to by the Parties.

Prior to adjusting the Contract Rate as a result of any of the circumstances described in clauses (i), (ii), (iii) (iv) or (vi) above, the County shall utilize the following remedies in the following order of priority:
(1) reduce the costs of operating the Disposal System to the extent practicable; and (2) at the sole discretion of the County, utilize Unrestricted Reserves to pay costs of the Waste Infrastructure System.

The County will not be required to utilize such remedies prior to adjusting the Contract Rate as a result of any of the circumstances described in clauses (v) or (vii) above.

Any adjustments to the Contract Rate permitted by this Section shall be calculated by the County to reflect the actual costs or expenses of addressing the circumstance or circumstances pursuant to which the adjustment is authorized. The County agrees that, where appropriate, it will evaluate the feasibility of long-term financing for significant capital costs. Notwithstanding the forgoing, no adjustment to the Contract Rate shall occur as a result of costs associated with the programs identified in Section 3.7, without first going through the process outlined in Section 4.2 and expressly agreed to by 50% of Participating Cities.
(B) County Acceptable Waste Shortfall. In the event that the actual amount of County Acceptable Waste delivered to the Disposal System at the end of any Contract Year is less than the Cumulative Tonnage Target for such Contract Year for County Acceptable Waste, as specified in Appendix 2, the County shall utilize the following options, in the following order of priority, in order to remedy any adverse effects of such tonnage shortfall:
(i) reduce the costs of operating the Waste Infrastructure System to the extent practicable;
(ii) at the sole discretion of County, utilize Restricted Reserves described in clause (iii) of Section 4.5 to pay costs of the Waste Infrastructure System; (iii) at the sole discretion of County, utilize Unrestricted Reserves to pay costs of the Waste Infrastructure System; and
(iv) adjust the Contract Rate.

In the event that implementation of the steps described above does not result in sufficient revenues to satisfactorily address the shortfall in tonnage, the County shall have the right to terminate the Agreement on one-hundred eighty (180) days written notice to the City. In addition, in the event that Waste Infrastructure expenses are lower than estimated or actual deliveries to the Disposal System exceed the Cumulative Tonnage Target as of the end of any Contract Year, the City acknowledges the County shall have the right to establish reserves intended to reflect the potential for lower than expected annual waste deliveries in subsequent years, and that any such reserves shall constitute “Restricted Reserves”. (C) [RESERVED]
(D) Interim Use of Remedies. In the event that, during any Contract Year, waste deliveries to the Disposal System are 25% or more below delivery projections for such Contract Year with the result that the County determines it is unlikely that the Cumulative Tonnage Target will be achieved as of the end of such Contract Year, the County may utilize the remedies described in Section 4.2(B) prior to the end of such Contract Year; provided, however, that if at the end of such Contract Year, the Cumulative Tonnage Target is actually met, the County shall reimburse any adjustments to the Contract Rate made pursuant to this Section to Participating Cities. Such reimbursement shall occur in a manner as agreed between the parties, and may be given as a credit or adjustment to the Contract Rate for future deliveries, rather than a lump sum payment.
(E) Special Charges. Notwithstanding Section 4.2(A), the County shall have the right to establish special charges for the provision of new or expanded services or the receipt of hard to handle materials, such as bulky materials, construction and demolition debris, tree stumps and sludge. Should the County wish to provide new or expanded services to Cities, it may charge for such services upon agreement of City. Special charges shall be calculated to reflect the reasonable incremental costs to the County of providing the new or expanded services or accepting such hard to handle materials.

Adjustments pursuant to this Section 4.2(E) shall not require compliance with the provisions of Section 4.2(I) (F) Annual CPI Escalation. Subject to the application of the Contract Rate True-up (provided [ ]
below), the Contract Rate shall be adjusted each July 1, beginning 2029, in an amount equal to the percentage change in the CPI (as defined above) as measured from the October twenty one (21) months prior to the rate adjustment to the October immediately preceding the rate adjustment (the “Annual CPI Adjustment”). For example: The July 1, 2029 Annual CPI Adjustment to the Contract Rate shall be based upon the change in CPI from October 2027, to October 2028, referred to as year 1 and year 2 respectively in the following example.

Formula to calculate percentage change in the Contract Rate based on Annual CPI Adjustment :

Step 1:

October Year 2 CPI
- 1 = % increase in Contract Rate
October Year 1 CPI
Step 2: Current Contract Rate x (1+ % increase in Contract Rate) = Contract Rate as of July 1 Year 2 On each April 1, commencing April 1, 2029, the County shall provide the City with notice of the Annual CPI Adjustment to the Contract Rate to be effective the following July 1. Such notice shall contain the calculation of the adjustment set forth above. The County shall calculate the new Contract Rate each year.

In the event that the change in CPI as described above is negative rather than positive, no rate adjustment will be made for that year. No adjustment under this Section 4.2(F) will take place until the October CPI index surpasses the index level as of the October immediately preceding the last annual rate adjustment pursuant to this Section 4.1(F), which will be considered “year 1” in calculating the change in the Contract Rate.

For example, if the change in CPI is measured as follows: October 2027 = 205, October 2028 = 204, October 2029 = 201, October 2030 = 208, then there would be no adjustment in July 2029, or July 2030, and an adjustment equal to the change from 205 to 208 would be implemented on July 1, 2031.

Contract Rate True-up: On an annual basis, no later than each April 30, beginning April 30, 2030, the County shall conduct an annual review of factors pertaining to the most recently completed fiscal year(s) including but not limited to, tonnage received throughout the Waste Infrastructure System, Cumulative Tonnage Targets identified in Appendix 2, revenue received from all sources, Department expenditures, and other factors that make up Department’s total costs.

County shall notify City prior to April 30, 2030 (and every April 30 thereafter) and advise whether the Annual CPI Adjustment to the Contract Rate should be frozen for a period of time (in circumstances where Department revenues exceed Department Full Cost Recovery needs) or to determine whether the Contract Rate should be increased beyond the Annual CPI Adjustment as defined above (in circumstances where Department costs exceed CPI) to ensure that Department revenues meet Full Cost Recovery.

Within thirty (30) days of finalizing each annual review, the County shall transmit its findings and the bases thereof to Participating Cities at the next regularly scheduled OCCMA meeting or other forum mutually agreed to by the County and OCCMA. If requested by the City or OCCMA, the County shall reasonably respond to requests from the City and/or OCCMA for additional information including, but not limited to, requests to meet and discuss reviews, findings, and bases of findings. At the request of 50% of Participating Cities, County agrees to meet and confer in good faith with OCCMA, within sixty (60) days to discuss retention of a consultant acceptable to both the County and OCCMA to conduct an independent review of the County’s annual review findings.

Nothing in this section shall be interpreted as limiting the County’s rights under Section 4.2(A). (G) Adjustment Resulting from Increased Fees. In addition to the other adjustments specified herein, the Contract Rate shall be adjusted to reflect the imposition of new fees or increase in existing fees relating to the disposal of Controllable Waste imposed by State, federal or other agencies (e.g., the State’s Integrated Waste Management fee, which is currently $1.40 per ton, but is expected in increase during the term of this Agreement). The adjustment shall be equal to the amount of any new or increased fee, and the adjustment shall take effect so as to coincide with the imposition of the new or increased fee. The County shall provide notice of any increase pursuant to this Section 4.2(G) as soon as practicable after becoming aware of the imposition of any fees described above.

Adjustments pursuant to this Section 4.2(G) shall not require compliance with the provisions of Section 4.2(I). (H) [RESERVED]
(I) Procedure for Rate Adjustments. In the event the County determines that it is entitled to an adjustment of the Contract Rate pursuant to Section 4.2(A) (other than 4.2(A)(iv)) or Section 4.2(B), it shall utilize the procedures described in this Section 4.2(I). The County shall be required to provide the City with at least ninety (90) days prior written notice of the adjustment, which notice shall identify the specific event(s) or circumstances which require the adjustment. The notice shall also specify the earliest date on which the County Board of Supervisors shall consider the proposed adjustment. At least forty five (45) days prior to such meeting of the Board of Supervisors, the County shall provide the City with a report which shall contain the following information: a description of the specific event(s) or circumstances which require the adjustment; a description (including cost estimates) of any activities (which may include, but not be limited to capital improvements to the Waste Infrastructure System) required in order to remedy such event or circumstance; certification by the County that it has implemented the remedies described in Section 4.2(A) or (B) prior to requiring the rate adjustment; and a description of the methodology used by the County to calculate the adjustment to the Contract Rate (hereinafter the “County Report”). In the event the City disputes the adjustment, it shall provide the County with a written description of the reason for the dispute at least ten (10) days prior to the meeting of the Board of Supervisors identified in the initial notice of the County (hereinafter the “City Report”). The City Report shall be provided to the Board of Supervisors for consideration at such meeting in connection with the proposed rate adjustment. At any time from and after the date that the County provides the City with the County Report, upon the request of either party, the City and County shall meet and confer in good faith to resolve any dispute that may arise regarding the proposed adjustment to the Contract Rate. In any such meeting, the County shall be represented by the Director of the Department or his or her designee. In the event the Board of Supervisors approves all or a portion of the proposed rate adjustment, such rate adjustment shall become effective on the date identified in the initial notice sent by the County regardless of whether or not the procedures in Section 4.2(J) are utilized, but subject to potential reimbursement pursuant to clause (11) of Section 4.2(J). (J) Procedure for Expedited Judicial Review of Contested Rate Adjustment. In the event that, within thirty (30) days after the effective date of any Contract Rate adjustment made pursuant to Section 4.2(I), Participating Cities which, in the aggregate, accounted for more than 50% of the County Acceptable Waste delivered to the County System in the twelve (12) months preceding the Contract Rate adjustment, provide notice to the County of their election to utilize the procedures described in this Section 4.2(J), then the provisions of this Section 4.2(J) shall be utilized by such Participating Cities and the County to resolve the dispute over the Contract Rate Adjustment. In the event that Participating Cities which have delivered the amount of waste contemplated in the preceding sentence do not provide notice to the County of such election, the County shall have no obligation to participate in or cooperate in the implementation of the procedures described below in this Section 4.2(J). (1) In order to pursue the expedited judicial determination described in this Section (the “Expedited Rate Determination”), the Participating Cities which have made the election described in the paragraph above (the “Challenging Cities”) must commence a civil action for breach of contract (the “Action”) in the Orange County Superior Court within forty five (45) days of the date on which the Board of Supervisors approves the challenged adjustment to the Contract Rate.
(2) Within two (2) Court days of filing the Action, the Challenging Cities shall personally serve on the County Counsel, with copy provided to the Clerk of the Board both the summons and complaint, and a stipulation and request for the entering of an order incorporating all of the procedural provisions relating to the Expedited Rate Determination as set forth in this Section 4.2(J) (such stipulation and request for order is hereinafter referred to as the “Expedited Rate Determination Stipulation”). The Expedited Rate Determination Stipulation shall be signed by each of the Challenging Cities, or on behalf of them by their legal counsel. (3) Within fifteen (15) days of the date of service upon the County of the summons and complaint, and Expedited Rate Determination Stipulation, County Counsel shall execute the Expedited Rate Determination Stipulation and deliver it as well as the County’s answer to the complaint in the Action, by electronic means, to the Challenging Cities through their counsel of record. The Stipulation shall also include a waiver by each of the parties of their right to a jury trial of the issues raised in the Action. The Parties agree that the duty to execute the Expedited Rate Determination Stipulation and comply with the procedures set forth for Expedited Rate Determination in this Section 4.2(J) shall be, and are hereby deemed to be, ministerial duties which the law specifically enjoins upon each of them, and shall be subject to enforcement by the parties herein pursuant to Code of Civil Procedure Section 1085, et seq., or by means of a complaint for specific performance. (4) Within three (3) days of the date of service by the County upon the Challenging Cities of the fully signed Expedited Rate Determination Stipulation, the County and the Challenging Cities shall jointly make ex parte application to the Orange County Superior Court in the Action for the issuance of an order reflecting the procedural requirements and timelines contained in the Expedited Rate Determination Stipulation, provided however, the timelines may be adjusted by the Court as it deems may be needed for its convenience. As part of such ex parte application, the County and the Challenging Cities shall expressly seek to confirm with the Orange County Superior Court the briefing schedule, and request a hearing date (effectively a trial date) in accordance with the procedures set forth in this Section 4.2(J).
(5) Within ten (10) days of the date of service by the County upon the Challenging Cities of the answer in the Expedited Rate Determination, the Challenging Cities shall file with the Court and electronically serve upon County Counsel the Challenging Cities’ opening brief and the Record in the Expedited Rate Determination. The opening brief shall not exceed 15 pages in length. The Record shall consist of, and be limited to, the record of the proceedings before the Board of Supervisors with respect to the adjustment of the Contract Rate, including but not limited to the County Report and the City Report prepared by each or any of the Challenging Cities pursuant to Section 4.2(I), any materials filed or lodged with the Board of Supervisors and the Orange County Waste Management Commission in connection with its decision, the transcript of the proceedings of the Board of Supervisors meeting(s), and the Orange County Waste Management Commission, the minutes of the Board of Supervisors and the Orange County Waste Management Commission meeting, and the resolution and/or other documentation evidencing the action by the Board of Supervisors and the Orange County Waste Commission to adjust the Contract Rate pursuant to Section 4.2(A) or (B). The record shall also include the most recent reports prepared pursuant to Sections 4.6 and

4.7. The Expedited Rate Determination shall be decided solely on the evidence in the Record, and no extrinsic evidence shall be submitted to or considered by the Court.
(6) Within ten (10) days of service by the Challenging Cities of their opening brief and the Record, the County shall file and electronically serve upon the Challenging Cities’ Counsel the County’s opposition brief. The opposition brief shall not exceed 15 pages in length. (7) Within five (5) days of service by the County upon the Challenging Cities of the opposition brief, the Challenging Cities may file and electronically serve upon County Counsel a reply rebuttal brief, which shall not exceed 10 pages in length.
(8) The trial of the Expedited Rate Determination shall be conducted as a law and motion hearing, similar to a hearing on a writ, which shall be conducted at the date set by the Court in connection with the ex parte application conducted pursuant to Section 4.2(J)(4), or such other date and time ordered by the Court. If the Court requests the parties to prepare supplemental briefs in response to any question or issue raised by the Court, the parties may do so.
(9) The standard of review for the Expedited Rate Determination shall be the preponderance of the evidence based upon the Record. The burden of proof shall be borne by the Challenging Cities, and the burden of proof shall be the same as with respect to a plaintiff in a damages action for breach of contract. Both parties have participated in the drafting of this Agreement. Accordingly, nothing set forth in this Agreement shall be interpreted or construed for or against either of the parties as a consequence of their participation in the drafting of this Agreement.
(10) The Court shall be advised that the Parties request that it issue a written statement of decision and enter judgment within thirty (30) days of the date of the hearing in the Expedited Rate Determination, although the Parties recognize that the Court has discretion to act as it deems appropriate in accord with applicable laws in connection with the timing thereof.
(11) If the Court determines that any portion of the County’s adjusted Contract Rate which is the subject of the Expedited Rate Determination was improperly imposed, the County shall, within thirty (30) days of the date of the statement of decision, reimburse to the City the amount improperly imposed, together with interest calculated at the Overdue Rate. If agreed by the Parties, as an alternative such reimbursement may be made in the form of a reduction in the Contract Rate for a future period (not to exceed twelve (12) months), applied in a manner such that it provides full reimbursement of the amounts described above (including the Overdue Rate, to be applied consistent with provisions of Section 7.14 hereof.)
(12) In the event that the Court does not sign the order contained in the Expedited Rate Determination Stipulation and set the matter for disposition as contemplated herein, the County and the Challenging Cities shall, within twenty (20) days following the issuance of the Court’s order or decision not to do so and thereby honor the parties’ stipulation, make application to the Orange County Superior Court for an expedited hearing or trial date. The Challenging Cities and the County shall be bound by all of the requirements and restrictions set forth in Section 4.2(J) that are not in conflict with this paragraph (12). In this regard, and without limiting the foregoing, the only evidence to be presented at the hearing or trial shall be the Record, no testimony shall be presented at the hearing or trial; and both the County and the Challenging Cities waive all rights to a jury trial, to any reconsideration of the decision of the Court, to a new trial after the Court renders a decision, and to any appeal or review of the decision of the Court.

SECTION 4.3 RESPONSIBILITY FOR PAYMENT OF THE CONTRACT RATE, AND OTHER AMOUNTS DUE.
(A) Payment by City. In the event and to the extent (1) the City uses municipal collection forces directly for the haulage of Controllable Waste to the Waste Infrastructure System or (2) the City uses non-municipal Franchise Haulers for collection but nonetheless elects to pay the Contract Rate and other amounts due from City revenues, the City, as its own Franchise Hauler, shall have direct responsibility for payment of the Contract Rate and other amounts due, and shall take all such budgetary, appropriation and other action as may be necessary to provide for the timely payment of the Contract Rate and other amounts due. Such action may include, depending upon the means authorized by the City to provide for such payment, the levy and collection of general or special taxes, the imposition of benefit assessments, or the collection of user fees, generator charges or other similar impositions for municipal solid waste disposal. The City shall use best efforts in accordance with Applicable Law to levy and impose all such taxes, assessments, fees or charges, and will take all steps, actions and proceedings for the enforcement, collection and payment of all such amounts which shall become delinquent, to the full extent permitted by Applicable Law.
(B) Payment by Franchise Haulers. With respect to Controllable Waste delivered by Franchise Haulers on behalf of City other than City municipal collection forces, the obligation to pay the Contract Rate and other amounts due shall rest with such Franchise Haulers. Franchise Hauler shall pay the Contract Rate or other amounts due or any portion thereof when due. In the event of any such failure by Hauler, the County and the City shall cooperate with each other and use their best efforts to obtain timely payment from Franchise Hauler. Such efforts by the County may include, as appropriate, requiring cash payments for disposal rights from such Franchise Hauler and bringing a legal proceeding for payment and damages. Such efforts by the City may include, as appropriate, legal proceedings to suspend, revoke or terminate the Franchise Hauler’s franchise, permit or license rights. (C) Disputes. If the City or the Franchise Hauler disputes any amount billed by the County in any Billing Statement, the City or the Franchise Hauler shall nonetheless pay the billed amount and shall provide the County with written objection within thirty (30) days of the receipt of such Billing Statement indicating the amount that is being disputed and providing all reasons then known to the City or the Franchise Hauler for any objection to or disagreement with such amount. If the City or the Franchise Hauler and the County are not able to resolve such dispute within thirty (30) days after the City’s or the Franchise Hauler’s objection, either party may pursue appropriate legal remedies.

SECTION 4.4 BILLING OF THE CONTRACT RATE OR OTHER AMOUNTS DUE. The County shall continue to bill Contract Rates and other amounts due after the Commencement Date, in the same manner as it has customarily billed tipping fees. Subject to the other provisions of this Agreement, the County shall have the right to modify or amend such manner of billing on reasonable notice to affected parties.

SECTION 4.5 RESTRICTED RESERVES. For purposes of this Agreement, “Restricted Reserves” means cash and other reserves of the Waste Infrastructure System which are restricted to specific uses or are otherwise being reserved by the County to meet its obligations hereunder throughout the term of the Agreement with respect to the Waste Infrastructure System pursuant to any Applicable Law, contract, adopted budget, budgetary policy of the County with respect to the Waste Infrastructure System, or other arrangement. Such cash and other reserves are not required to be deposited in separate accounts or funds in order to constitute “Restricted Reserves” hereunder, and may be commingled with Unrestricted Reserves or other funds of the County attributable to the Waste Infrastructure System. “Restricted Reserves” shall include, but not be limited to, the following:
(i) reserves for closure of components of the Waste Infrastructure System to the extent required by Applicable Law;
(ii) amounts reserved by the County for funding of post closure maintenance and monitoring with respect to components of the Waste Infrastructure System; (iii) reserves established to protect the Waste Infrastructure System against the adverse financial impact of potential decreases in waste deliveries pursuant to Section 4.2(B); (iv) amounts reserved to pay the costs of capital improvements with respect to the Waste Infrastructure System;
(v) amounts funded from revenues during the early years of the term of the Agreement reserved to enable the County to provide disposal services for the Contract Rate during the later years of the Agreement; (vi) amounts temporarily held by the County prior to payment to the State or other Governmental Bodies pursuant to Applicable Law (including any fees or charges payable to CalRecycle); (vii) reserves required to meet bond covenants pursuant to financing agreements for Waste Infrastructure System assets to the extent such amounts must be legally separate and distinct from other reserves identified in this Section;
(viii) security deposits from landfill deferred payment program users; (ix) amounts held by the County in the Environmental Fund (provided, however, that such amounts in the Environmental Fund will be made available and used by the County if required to pay costs relating to environmental remediation or other related costs);
(x) AB 939 surcharges;
(xi) amounts held by the County in the Corrective Action Fund held pursuant to CCR Title 27 to demonstrate financial assurance to pay for potential groundwater contamination; and (xii) an amount equal to three (3) months of budgeted expenses for the Disposal System for the current fiscal year, representing working capital of the Disposal System.

SECTION 4.6 AUDITED FINANCIAL STATEMENTS. The County shall annually, on or before January 1 each year, prepare or cause to be prepared and have on file for inspection an annual report for the preceding Contract Year, accompanied by a certificate of an independent public accountant or of the County Auditor and Controller as to the examination of the financial statements therein (describing such statements as fairly presenting the information therein in conformity with generally accepted accounting principles) relating to the Waste Infrastructure System, services, and the fiscal activities of the OC Waste Disposal Enterprise Fund, and including statements in reasonable detail of the financial condition of the OC Waste Disposal Enterprise Fund as of the end of the Contract Year and revenue and expenses for the Contract Year.

SECTION 4.7 ANNUAL UPDATE OF TEN-YEAR FINANCIAL PROJECTION. The County shall annually, on or before May 1 of each year, prepare or cause to be prepared, an updated Ten-Year Financial Projection for the Waste Infrastructure System. Said Financial Projection shall include at least two full years of prior actual data and ten years of future projections including the following elements:

1. County Acceptable Waste, in tons;

2. Imported Acceptable Waste, in tons;

3. Revenues and expenditures;

4. Cash fund balances, including all monies in the County Solid Waste Enterprise Fund, with specific delineation of monies in the Environmental Fund, Restricted Reserves, Unrestricted Reserves, and all other funds of the System; and

5. Projected liabilities for closure and post closure as well as reasonable reserves for other environmental costs.

The purpose of the Ten-Year Financial Projection is to keep the City fully informed about the future financial condition of the Waste Infrastructure System. The County shall cause a copy of the Ten-Year Financial Projection to be delivered to the City Manager/General Manager of the City no later than May 1 of each year. Upon request, the County shall make available to the Cities supporting information related to the ten-year financial projection Within thirty (30) calendar days of finalizing each annual update of the Ten-Year Projection, County shall transmit the Ten-Year Projection via email to the City and OCCMA. If requested by the City or OCCMA, the County shall reasonably respond to requests from the City and/or OCCMA for additional information including, but not limited to, requests to meet and discuss the updated Ten-Year Projections at the next regularly scheduled OCCMA meeting or other forum mutually agreed to by the County and OCCMA.

ARTICLE V

BREACH, ENFORCEMENT AND TERMINATION
SECTION 5.1 BREACH. The Parties agree that in the event either Party breaches any obligation under this Agreement or any representation made by either Party hereunder is untrue in any material respect, the other Party shall have the right to take any action at law or in equity (including actions for injunctive relief, mandamus and specific performance) it may have to enforce the payment of any amounts due or the performance of any obligations to be performed hereunder. Neither Party shall have the right to terminate this Agreement except as provided in Section 5.2 and Section 5.3 hereof or as otherwise provided in this Agreement.

SECTION 5.2 CITY CONVENIENCE TERMINATION. The City shall have the right to terminate this Agreement in its sole discretion, for its convenience and without cause at any time during the Term hereof upon ninety (90) days’ written notice to the County. If the City exercises its rights to terminate the Agreement pursuant to this Section, the City shall pay the County a termination fee equal to the Contract Rate in effect at the time of such termination (or any higher rate with respect to which the County has provided notice pursuant to Section 4.2) multiplied by the number of tons of City Acceptable Waste delivered to the Disposal System during the preceding twelve (12) months (or, if the City had been in breach of the Waste Disposal Covenant during such prior months, such amount as would have been delivered if the City had complied with the Waste Disposal Covenant), multiplied by the number of years remaining in the Term of the Agreement.

SECTION 5.3 TERMINATION.
(A) By City. Except as expressly provided herein, the City shall have no right to terminate this Agreement for cause except in the event of the failure or refusal by the County substantially to perform any material obligation under this Agreement unless such failure or refusal is excused by an Uncontrollable Circumstance; except that no such failure or refusal shall give the City the right to terminate this Agreement for cause under this subsection unless:
(1) The City has given prior written notice to the County stating that a specified failure or refusal to perform exists which will, unless corrected, constitute a material breach of this Agreement on the part of the County and which will, in its opinion, give the City the right to terminate this Agreement for cause under this subsection unless such breach is corrected within a reasonable period of time, and (2) The County has neither challenged in an appropriate forum (in accordance with Section 5.5) the City’s conclusion that such failure or refusal to perform has occurred or constitutes a material breach of this Agreement nor corrected or diligently taken steps to correct such breach within a reasonable period of time not more than ninety (90) days from the date of the notice given pursuant to clause (1) of this subsection (but if the County shall have diligently taken steps to correct such breach within such reasonable period of time, the same shall not constitute a breach giving rise to the right of termination for as long as the County is continuing to take such steps to correct such breach).
(B) By County. Except as expressly provided herein, the County shall have no right to terminate this Agreement for cause except in the event of the failure or refusal by the City or its Franchise Hauler to substantially perform any material obligation under this Agreement unless such failure or refusal is excused by an Uncontrollable Circumstance; except that no such failure or refusal shall give the County the right to terminate this Agreement for cause under this subsection unless:
(1) The County has given prior written notice to the City stating that a specified failure or refusal to perform exists which will, unless corrected, constitute a material breach of this Agreement on the part of the City and which will, in its opinion, give the County right to terminate this Agreement for cause under this subsection unless such breach is corrected within a reasonable period of time, and (2) The City has neither challenged in an appropriate forum (in accordance with Section 5.5) the County’s conclusion that such failure or refusal to perform has occurred or constitutes a material breach of this Agreement nor corrected or diligently taken steps to correct such breach within a reasonable period of time not more than ninety (90) days from the date of the notice given pursuant to clause (1) of this subsection (but if the City shall have diligently taken steps to correct such breach within such reasonable period of time, the same shall not constitute a breach giving rise to the right of termination for as long as the City is continuing to take such steps to correct such breach).

SECTION 5.4 NO WAIVERS. No action of the County or the City pursuant to this Agreement (including, but not limited to, any investigation or payment), and no failure to act, shall constitute a waiver by either Party of the other Party’s compliance with any term or provision of this Agreement. No course of dealing or delay by the County or the City in exercising any right, power or remedy under this Agreement shall operate as a waiver thereof or otherwise prejudice such Party’s rights, powers and remedies. No single or partial exercise of (or failure to exercise) any right, power or remedy of the County or the City under this Agreement shall preclude any other or further exercise thereof of the exercise of any other right, power or remedy.

ARTICLE VI
TERM
SECTION 6.1 EFFECTIVE DATE AND TERM.
(A) Initial Term. This Agreement shall become effective, shall be in full force and effect and shall be legally binding upon the City and the County from the Contract Date and shall continue in full force and effect until June 30, 2036, unless earlier terminated in accordance with its terms, in which event the Term shall be deemed to have expired as of the date of such termination.
(B) Option to Renew. This Agreement shall be subject to renewal by mutual agreement of the Parties, on or before June 30, 2036 for an additional term of ten (10) years (the “Renewal Term”) on the same terms and conditions as are applicable during the Initial Term hereof or on amended terms as may be mutually agreed to by the Parties. The City shall give the County written notice of its election to renew this Agreement on or before June 30, 2035. If the parties do not execute a renewal of this Agreement prior to June 30, 2036 it shall expire. (C) Contract Rate During Renewal Term. In connection with the parties’ right to renew this Agreement for an additional ten-year term pursuant to Section 6.1(C), the parties shall, on or before January 31, 2036 negotiate an applicable change in the Contract Rate for such renewal term. In determining any revisions to the Contract Rate to be applicable during any renewal period, in addition to the circumstances described in Section 4.2(A), the parties may take into consideration the following parameters, including but not limited to:
(i) actual cost of operations;
(ii) population growth;
(iii) increase or decrease in available tonnage;
(iv) economic and disposal market conditions in the Southern California region; (v) new regulatory requirements;
(vi) Changes in Law;
(vii) changes in transportation and technology;
(viii) closure and expansion of nearby landfills;
(ix) capacity of the Disposal System;
(x) provision of new and/or expanded services; and
(xi) available reserves which are in excess of the amount reasonably required as reserves.
(D) Survival; Accrued Rights. The rights and obligations of the parties hereto pursuant to Sections 3.1(E)(2), 5.1, 5.3, 7.2, 7.3, 7.6, 7.7, 7.8, and 7.9 hereof shall survive the termination or expiration of this Agreement, and no such termination or expiration shall limit or otherwise affect the respective rights and obligations of the parties hereto accrued prior to the date of such termination or expiration. At the end of the Term of this Agreement, all other obligations of the parties shall terminate.

SECTION 6.2 COMMENCEMENT DATE.
(A) Obligations of the Parties Prior to the Commencement Date. The Parties acknowledge that the Agreements may be executed and delivered on different dates and that, except as provided in this subsection, neither the County nor the City shall be obligated to perform its obligations hereunder until the Participation Threshold provided herein has been met and the other conditions to the occurrence of the Commencement Date have occurred.

Prior to the Commencement Date, each Party hereto shall at its own expense exercise good faith and due diligence and take all steps within its reasonable control in seeking to satisfy the conditions to the Commencement Date set forth herein as soon as reasonably practicable. The County and the City, each at its own expense, shall cooperate fully with each other and the other Participating Cities in connection with the foregoing undertaking. Until the Commencement Date occurs, the Original WDAs shall remain in full force and effect until they expire or are terminated. (B) Condition to the Commencement Date. The Commencement Date for the Agreement shall be the date on which Participating Cities reach the Participation Threshold. Unincorporated County is assumed to be a Participating City for the purposes of determining the Commencement Date in accordance with this Section 6.2(b) and Appendix 1 of this Agreement.
(C) Satisfaction of Condition and Commencement Date. Upon the satisfaction or waiver of the condition to the Commencement Date, the County shall give written notice thereof to the Cities which have theretofore executed Agreements. The parties shall thereupon hold a formal closing acknowledging the satisfaction or waiver of the condition to the Commencement Date, certifying that the Commencement Date has occurred and designating the Participating Cities. Copies of all of the documents or instruments constituting or evidencing satisfaction of the Commencement Date conditions shall be furnished to each party prior to or on the Commencement Date. (D) Newly Incorporated Cities. Any city within Orange County which becomes incorporated after the Commencement Date shall upon request be offered the opportunity by the County to become a Participating City on substantially the same terms and conditions as this Agreement. (E) Failure of Condition. If by June 30, 2026, or such later date as the County may agree, the condition to the Commencement Date specified in this Section is not satisfied, either party hereto may, by notice in writing to the other party, terminate this Agreement. Neither party shall be liable to the other for the termination of this Agreement pursuant to this subsection, and each of the parties shall bear its respective costs and expenses incurred in seeking to satisfy the condition to the Commencement Date.

ARTICLE VII

GENERAL PROVISIONS
SECTION 7.1 OPERATION AND MAINTENANCE OF THE WASTE INFRASTRUCTURE SYSTEM.

The County, at its cost and expense through the County Solid Waste Enterprise Fund, shall at all times operate, or caused to be operated, the Waste Infrastructure System in accordance with Applicable Law and the operating rules and regulations of the Department and other applicable regulatory agencies.

SECTION 7.2 UNCONTROLLABLE CIRCUMSTANCES GENERALLY.
(A) Performance Excused. Except as otherwise specifically provided in this Agreement, neither the County nor the City shall be liable to the other for any failure or delay in the performance of any obligation under this Agreement (other than any payment at the time due and owing) to the extent such failure or delay is due to the occurrence of an Uncontrollable Circumstance.
(B) Notice, Mitigation. The Party experiencing an Uncontrollable Circumstance shall notify the other Party by telecommunication or telephone and in writing, on or promptly after the date the Party experiencing such Uncontrollable Circumstance first knew of the commencement thereof, followed within fifteen (15) days by a written description of (1) the Uncontrollable Circumstance and the cause thereof (to the extent known), (2) the date the Uncontrollable Circumstance began and the cause thereof, its estimated duration, the estimated time during which the performance of such Party’s obligations hereunder will be delayed, (3) the estimated amount, if any, by which the Contract Rate may need to be adjusted as a result of such Uncontrollable Circumstance, (4) its estimated impact on the other obligations of such Party under this Agreement and (5) potential mitigating actions which might be taken by the County or City and any areas where costs might be reduced and the approximate amount of such cost reductions. Each Party shall provide prompt written notice of the cessation of such Uncontrollable Circumstance. Whenever such act, event or condition shall occur, the Party claiming to be adversely affected thereby shall, as promptly as reasonably possible, use its best efforts to eliminate the cause therefor, reduce costs and resume performance under this Agreement. In addition, with respect to Changes in Law, the County shall diligently contest any such changes the imposition of which would have a material adverse impact on the Waste Infrastructure System. While the delay continues, the County or City shall give notice to the other Party, before the first day of each succeeding month, updating the information previously submitted.
(C) Impact on Contract Rate. If and to the extent that Uncontrollable Circumstances interfere with, delay or increase the cost to the County of meeting its obligations hereunder and providing Waste Infrastructure Services to the Participating Cities in accordance herewith, the County shall be entitled to an increase in the Contract Rate as provided in Section 4.2 herein or an extension in the schedule for performance equal to the amount of the increased cost or the time lost as a result thereof. The proceeds of any insurance available to meet any such increased cost shall be applied to such purpose prior to any determination of cost increases payable under this subsection. Any cost reductions achieved through the mitigating measures undertaken by the County pursuant to subsection 7.2(B) hereof upon the occurrence of an Uncontrollable Circumstance shall be reflected in a reduction of the amount by which the Contract Rate would have otherwise been increased or shall serve to reduce the Contract Rate to reflect such mitigation measures, as applicable.

SECTION 7.3 INDEMNIFICATION. To the extent permitted by law, the County agrees that, it will protect, indemnify, defend (with counsel selected by County) and hold harmless the City from and against all Loss-andExpense arising from the City’s activity as an “arranger” (for purposes of and as such term is defined under CERCLA or comparable State statutes) of municipal solid waste disposal pursuant to this Agreement. In the event the City shall determine for any reason, other than a disabling conflict of interest, that it wishes to be defended by legal counsel other than the legal counsel provided by the County, the cost of providing such legal counsel shall be the City’s sole responsibility. Any costs incurred by the County pursuant to this Section shall be considered an Uncontrollable Circumstance cost and the County shall be entitled to adjust the Contract Rate as provided in subsection 4.2(A) herein.

The County shall not, however, be required to indemnify or defend the City from and against all Loss-and-Expense arising from any willful, knowing, illegal or negligent disposal of hazardous waste (other than incidental amounts of Household Hazardous Waste commonly found in municipal solid waste and permitted to be disposed in Class III landfills under RCRA) which violates the County’s landfill permits or Applicable Law. The parties agree that this provision constitutes an indemnity under CERCLA (to the extent of the specific provisions of this Section). The parties acknowledge that this subsection is not intended to and does not create any obligation on the part of the County to provide any indemnification or defense to any Franchise Hauler, whether franchised or not, or any Independent Hauler or Transfer Station, under any circumstances. The City acknowledges the County’s legitimate interest in actively participating in any defense, litigation or settlement, whether the County or the City provides legal counsel and shall, as a condition to County’s provision of this indemnity, coordinate and cooperate fully with the County in the defense of any claims to which this Section applies.

SECTION 7.4 RELATIONSHIP OF THE PARTIES. Neither party to this Agreement shall have any responsibility whatsoever with respect to services provided or contractual obligations or liabilities assumed by the other party hereto, whether accrued, absolute, contingent or otherwise, or whether due or to become due. The County is an independent contractor of the City and nothing in this Agreement shall be deemed to constitute either party a partner, agent or legal representative of the other party or to create any fiduciary relationship between the parties.

SECTION 7.5 LIMITED RECOURSE.
(A) To the City. No recourse shall be had to the general funds or general credit of the City for the payment of any amount due the County hereunder, or the performance of any obligation incurred hereunder, including any Loss-and-Expense of any nature arising from the performance or non-performance of the City’s obligations hereunder. If the City maintains a City Solid Waste Enterprise Fund with at least one year’s anticipated costs for disposal and processing of City Acceptable Waste the sole recourse of the County for all such amounts shall be to the funds held in any such City Solid Waste Enterprise Fund. All amounts held in any City Solid Waste Enterprise Fund shall be held for the uses permitted and required thereby, and no such amounts shall constitute property of the County. The City shall make adequate provision in the administration of any City Solid Waste Enterprise Fund for the payment of any amount or the performance of any obligation which may be due hereunder. (B) To the County. No recourse shall be had to the general funds or general credit of the County for the payment of any amount due the City hereunder, or the performance of any obligation incurred hereunder, including any Loss-and-Expense of any nature arising from the performance or non-performance of the County’s obligations hereunder. The sole recourse of the City for all such amounts shall be to the funds held in the County Solid Waste Enterprise Fund in accordance with the terms of this Agreement. All amounts held in the County Solid Waste Enterprise Fund shall be held for the uses permitted and required thereby, and no such amounts shall constitute property of the City. The County shall make adequate provision in the administration of the County Solid Waste Enterprise Fund for the payment of any amount or the performance of any obligation which may be due hereunder.

SECTION 7.6 PRE-EXISTING RIGHTS AND LIABILITIES. Nothing in this Agreement is intended to affect, release, waive or modify any rights, obligations or liabilities which any Party hereto may have to or against the other Party as of the Contract Date relating to the receipt of Acceptable Waste in the Waste Infrastructure System or any other related matter.

SECTION 7.7 NO VESTED RIGHTS. The City shall not acquire any vested property, license or other rights in the Waste Infrastructure System by reason of this Agreement.

SECTION 7.8 LIABILITY FOR COLLECTION, TRANSPORTATION AND PROCESSING. Any liability incurred by the City as a result of collecting, transporting or processing of Acceptable Waste, or as a result of causing, franchising, permitting, licensing, authorizing or arranging any of the foregoing, shall be the sole liability of City, except as expressly otherwise provided herein.

SECTION 7.9 NO CONSEQUENTIAL OR PUNITIVE DAMAGES. In no event shall either Party hereto be liable to the other or obligated in any manner to pay to the other any special, incidental, consequential, punitive or similar damages based upon claims arising out of or in connection with the performance or non- performance of its obligations or otherwise under this Agreement, or the material inaccuracy of any representation made in this Agreement, whether such claims are based upon contract, tort, negligence, warranty or other legal theory.

SECTION 7.10 AMENDMENTS. Neither this Agreement nor any provision hereof may be changed, modified, amended or waived except by written agreement duly authorized and executed by both Parties.

SECTION 7.11 NOTICE OF LITIGATION. Each Party shall deliver written notice to the other of any Legal Proceeding to which it is a party and which questions the validity or enforceability of this Agreement executed by the City or the County or any Legal Entitlement issued in connection herewith.

SECTION 7.12 FURTHER ASSURANCES. At any and all times the City and the County so far as may be authorized by law shall pass, make, do, execute, acknowledge and deliver any and every such further resolutions, acts, deeds, conveyances, instruments, assignments, transfers and assurances as may be necessary or reasonably requested by the other in order to give full effect to this Agreement.

SECTION 7.13 ASSIGNMENT OF AGREEMENT.
(A) Assignment. Neither this Agreement nor any of the rights or obligations hereunder may be assigned by either Party hereto without the prior written consent of the other Party, which may be withheld in the other Party’s sole discretion. Notwithstanding the foregoing, either Party may assign this Agreement to another public entity, subject to the reasonable consent of the other party. In such circumstances the Party not requesting the assignment shall have the right to demand assurances of the financial, technical and legal ability of the proposed assignee to undertake the responsibilities and obligations of the assigning Party. (B) Sale. The County shall not enter into any agreement for the sale of the Waste Infrastructure System which provides for an effective date for such sale prior to the termination of this Agreement.

SECTION 7.14 INTEREST ON OVERDUE OBLIGATIONS. Except as otherwise provided herein, all amounts due hereunder, whether as damages, credits, revenue or reimbursements, that are not paid when due shall bear interest at the Overdue Rate on the amount outstanding from time to time, on the basis of a 365-day year, counting the actual number of days elapsed, and all such interest accrued at any time shall, to the extent permitted by Applicable Law, be deemed added to the amount due, as accrued.

SECTION 7.15 BINDING EFFECT. This Agreement shall bind and inure to the benefit of the Parties hereto and any successor or assignee acquiring an interest hereunder consistent with the provisions of Section 7.13 hereof.

SECTION 7.16 NOTICES. Any notice or communication required or permitted hereunder shall be in writing and sufficiently given if delivered in person or sent by certified or registered mail, postage prepaid, to the notice address of the respective Parties set forth on the cover page of this Agreement. Changes in the respective addresses to which such notices may be directed may be made from time to time by any Party by notice to the other Party.

Section 7.17 ATTORNEYS FEES. In any action or proceeding to enforce or interpret any provision of this Agreement, each Party shall bear their own attorney’s fees, costs and expenses.

Signature Page to Follow
IN WITNESS WHEREOF, COUNTY and CITY have caused this Agreement to be executed by their duly authorized officers or representatives as of the day and year first above written.

COUNTY OF ORANGE
Date By
Director, OC Waste & Recycling
APPROVED AS TO FORM:

COUNTY COUNSEL

ORANGE COUNTY, CALIFORNIA
By
Date
Date By
City Manager
City Representative
City of Stanton
APPROVED AS TO FORM:

By
City Attorney
Date
APPENDIX 1

ESTIMATED ANNUAL TONNAGE
APPENDIX 1

PERCENTAGE OF COUNTY ACCEPTABLE WASTE ATTRIBUTABLE TO PARTICIPATING CITIES FOR PURPOSE OF SECTIONS 3.6(F) AND 6.2(b)
Jurisdiction Percentage of County
Acceptable Waste
Aliso Viejo 0.82%
Anaheim 14.78%
Brea 2.62%
Buena Park 1.02%
Costa Mesa/Costa Mesa Sanitary District (2) 3.41%
Cypress 0.85%
Dana Point 1.33%
Fountain Valley 1.63%
Fullerton 4.08%
Garden Grove Sanitary District (Garden Grove) 4.74%
Huntington Beach 5.91%
Irvine 9.64%
La Habra 1.72%
La Palma 1.27%
Laguna Beach 1.18%
Laguna Hills 0.89%
Laguna Niguel 1.44%
Laguna Woods 0.28%
Lake Forest 2.14%
Los Alamitos 0.33%
Midway City Sanitary District (Westminster) 2.47%
Mission Viejo 2.33%
Newport Beach 3.58%
Orange 5.25%
Placentia 1.39%
Rancho Santa Margarita 1.03%
San Clemente 2.43%
San Juan Capistrano 2.93%
Santa Ana 9.45%
Seal Beach 0.52%
Stanton 1.47%
Tustin 2.04%
Unincorporated Orange County (1) 3.19%
Villa Park 0.16%
Yorba Linda 1.68%
Total 100%
(1) Unincorporated County Area is assumed to be a Participating City for the purposes of determining the Commencement Date in accordance with Section 6.2(b) of this Agreement. For the distribution of Net Import Revenues, the County of Orange shall receive 50% of any Net Import Revenues received in accordance with Section 3.6(F)(2)(i) of this Agreement. The County of Orange shall also receive the Unincorporated Area distribution set forth in this Appendix 1, as periodically modified in accordance with Section 3.6(F)(2)(ii) of this Agreement. (2) The City of Costa Mesa and the Costa Mesa Sanitation District have separate WISE Agreements. Costa Mesa Sanitation District Acceptable Waste tonnage is based on City of Costa Mesa Acceptable Wate tonnage and Importation Revenue is calculated based on City of Costa Mesa Acceptable Waste tonnage delivered to the Waste Infrastructure System. (3) NOTE: A participating City will only be included for purposes of determining the Commencement Date upon (i) execution of a WISE Agreement by that Participating City and (ii) execution of a Hauler Acknowledgement(s) by the Franchise Hauler(s) operating within such Participating City.

APPENDIX 2

CUMULATIVE TONNAGE
APPENDIX 2
Cumulative County Acceptable Waste Tonnage Target to be Used for Purposes of Section 4.2(B)
Fiscal Year
(Ending June 30)
County Acceptable Waste
Tonnage
Cumulative County Acceptable
Waste Tonnage
2026 3,343,282 3,343,282
2027 3,278,595 6,621,877
2028 3,029,924 9,651,801
2029 2,982,454 12,634,255
2030 2,411,983 15,046,238
2031 2,261,201 17,307,439
2032 2,225,152 19,532,591
2033 2,181,838 21,714,429
2034 2,187,041 23,901,470
2035 2,219,362 26,120,832
2036 2,224,792 28,345,624
APPENDIX 3

CUMULATIVE CAPITAL COSTS
APPENDIX 3

CUMULATIVE CAPITAL COSTS
to be Used
for Purposes of Section 4.2(A)vi
Fiscal Year
(Ending June 30) Annual Capital Costs Cumulative Capital Costs 2026 $72,599,664 $72,599,664
2027 $79,950,000 $152,549,664
2028 $155,135,000 $307,684,664
2029 $136,185,000 $443,869,664
2030 $41,171,500 $485,041,164
2031 $16,745,000 $501,786,164
2032 $18,165,000 $519,951,164
2033 $36,605,000 $556,556,164
2034 $30,100,000 $586,656,164
2035 $1,510,000 $588,166,164
2036 $25,000,000 $613,166,164
APPENDIX 4

FRANCHISE HAULER ACKNOWLEDGMENT

FRANCHISE HAULER ACKNOWLEDGMENT
THIS FRANCHISE HAULER ACKNOWLEDGMENT, dated as of_______________(the “Acknowledgment”), and between the __________ (the “City”) and ______________ (the “Franchise Hauler”).

WITNESSETH
WHEREAS, the City and the Franchise Hauler have heretofore entered into an agreement entitled ______________ dated as of_____________ (the “Franchise”); and WHEREAS, the City has issued to the Franchise Hauler a permit, license, approval or other authorization the “Authorization”) which allows the Franchise Hauler to provide solid waste collection services within the City; and WHEREAS, the Franchise [SUBSTITUTE “AUTHORIZATION” THROUGHOUT IF APPLICABLE]] provides for the collection and disposal of certain municipal solid waste as described therein (“Franchise Waste”) generated within the City; and
WHEREAS, the County of Orange (the “County”) owns, manages and operates a Waste Infrastructure System that is permitted to accept or process Acceptable Waste for disposal or diversion; and WHEREAS, the City and the County have heretofore entered into a Waste Infrastructure System Enterprise Agreement (the “WISE Agreement”), dated as of______________; and WHEREAS, the WISE Agreement details responsibilities for disposal of municipal solid waste and may include processing of identified Organic Waste for diversion, generated within the boundaries of the City, and determine that the execution of the WISE Agreement will serve the public health, safety and welfare of the residents of the City and County, by maintaining public ownership and stewardship over the Waste Infrastructure System and providing disposal rate stability, predictable and reliable long-term disposal service, enhanced organics processing to assist the City in meeting its organics diversion requirements, and the continuation of sound environmental management; and WHEREAS, under the WISE Agreement, the County has agreed to provide long-term disposal of all municipal solid waste generated within the City and may also provide for Organic Waste processing under an OSA and the City has agreed to exercise all legal, and contractual power which it possesses from time to time to deliver or cause the delivery of such waste to the Waste Infrastructure System; and WHEREAS, the provisions of the WISE Agreement guarantee capacity for the long term disposal and processing of waste at specified rates generated in the City provide significant benefits to the Franchise Hauler; WHEREAS, notwithstanding any Franchise provisions to the contrary, the Franchise Hauler explicitly acknowledges the aforementioned benefits to the City, the County and the Franchise Hauler in providing for the disposal of all Franchise Waste to the Waste Infrastructure System; and WHEREAS, the City and the Franchise Hauler desire to enter into this Acknowledgment to assure that the City and the Franchise Hauler will be entitled to the benefits of the WISE Agreement and to assure conformity with the waste delivery obligations which have been agreed to by the City under the WISE Agreement through the delivery of waste by the Franchise Hauler to the Waste Infrastructure System; and WHEREAS, the Franchise Hauler’s agreement to deliver Franchise Waste to the Disposal System under this Acknowledgment is given in consideration of the Franchise Hauler’s right to receive the Contract Rate for such disposal and processing as provided in the WISE Agreement.

NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto, intending to be legally bound hereby, agree as follows:

1. Capitalized terms used and not otherwise defined herein are used as defined in the WISE Agreement.

2. The Franchise Hauler hereby waives any right which it may possess under applicable law to contest on any ground, constitutional, statutory, case law, administrative or otherwise, (a) the right, power or authority of the County or the City to enter into or perform their respective obligations under the WISE Agreement, (b) the enforceability against the County or the City of the WISE Agreement, or (c) the right, power or authority of the City to deliver or cause the delivery of all Controllable Waste to the Disposal System in accordance with this Acknowledgment.

3. The City and the Franchise Hauler each hereby represent that this Acknowledgment has been duly authorized by all necessary action of their respective governing bodies.

4. The Franchise Hauler shall deliver or cause to be delivered all Controllable Waste (including all Residue from the processing by any means, wherever conducted, of Controllable Waste), to the Designated Facility in the Waste Infrastructure System/Disposal System, and shall otherwise assist the City in complying with its obligations under the Waste Disposal Covenant in Section 3.1 of the WISE Agreement.

5. Unless expressly authorized by the Department, the Franchise Hauler shall only haul Controllable Waste to the Designated Facility.

6. The Franchise Hauler shall not haul Controllable Waste to any materials recovery facility, composting facility, intermediate processing facility, recycling center, transfer station or other waste handling or management facility unless the contract or other agreement or arrangement between the Franchise Hauler and the operator of such facility is sufficient in the opinion of the County to assure that the Residue from such facility constituting City Acceptable Waste (or Tonnage equivalencies) and the City Acceptable Waste transferred by such facility shall be delivered to the Disposal System in compliance with the Waste Disposal Covenant.

7. The Franchise Hauler shall pay the Contract Rate imposed by the County for the disposal of all Controllable Waste, which rate shall be subject to potential adjustment necessary to reflect the circumstances set forth in the Agreement.

8. Nothing in this Acknowledgment is intended to restrict any right or responsibility explicitly given the Franchise Hauler in any City Franchise Agreement to recycle City Acceptable Waste, except as provided in paragraph 5 above with respect to Residue from any such recycling operations.

9. The obligations of the Franchise Hauler under this Acknowledgment shall apply notwithstanding any provision of the Franchise which may conflict herewith.

10. This Acknowledgment may be enforced by the City by any available legal means. In any enforcement action by the City, the burden of proof shall be on the Franchise Hauler to demonstrate compliance herewith.

11. This Acknowledgment shall be in full force and effect and shall be legally binding upon the City and Franchise Hauler from the date hereof and shall continue in full force and effect until the earlier of (i) the end of the term of the Franchise or (ii) the end of the Term of the WISE Agreement.

12. The City and Franchise Hauler agree that the County shall be an express third-party beneficiary of this Acknowledgment, and shall be entitled to independently enforce the obligations of the Franchise Hauler hereunder.

There shall be no additional third party beneficiaries under this Acknowledgement.

13. The Franchise Hauler agrees to assist the County in verifying tonnage collected by the Franchise Hauler and providing information required by the County. The Franchise Hauler will provide upon request refuse tonnage collected within the County, and outside the County (if relevant to confirming tonnage origination), separated by jurisdiction, by load type (residential, commercial, roll-off box, etc.), and by facility to which it was delivered (specify which landfill or transfer station). Hauler will provide customer service levels and route lists. The Franchise Hauler will cooperate with County audits to verify reported origin of tonnage by making records and personnel available to the County and/or its auditors.

IN WITNESS WHEREOF, the parties have caused this Acknowledgment to be executed by their duly authorized officers or representatives as of day of , ______.

Signature:

Printed Name:

Title:

APPROVED AS TO FORM:

By
City Attorney
Date
(Franchise Hauler)
Signature:

Printed Name:

Title:

Appendix 5

ORGANIC SERVICES AGREEMENT
Appendix 5

ORGANIC SERVICES AGREEMENT
Between

THE COUNTY OF ORANGE, CALIFORNIA
and
__________________________
Dated , 2025
County Authorization Date: City Authorization Date:

County Notice Address:

Director
OC Waste & Recycling
601 N. Ross Street 5th Floor
Santa Ana, CA 92701
City Notice Address:

ORGANIC SERVICES AGREEMENT
THIS ORGANIC SERVICES AGREEMENT (“Organics Agreement” or “OSA”) is made and dated as of the date indicated on the cover page hereof between the County of Orange, a political subdivision of the State of California (the “County”), and the City designated on the cover page of this Agreement (the “City”). County and City may hereinafter be referred to singularly as “Party” or collectively as “Parties.”.

RECITALS
The County owns, manages and operates a Waste Infrastructure System to manage municipal and solid waste generated within the County of Orange or imported from outside the County pursuant to contractual agreements. The Waste Infrastructure System collectively includes active Class III sanitary landfills (“County Landfills”), resource recovery, recycling and organics programs, infrastructure and operations, and regional household hazardous waste collection centers and other waste management related systems as may be deemed necessary by the County.

A significant portion of municipal solid waste generated within the City historically has been and currently is delivered by such hauler or haulers to the County for disposal in the Disposal System.

Prior to the passage of Organics Legislation, Processed Green Material (“PGM”) could be utilized as Alternative Daily Cover (“ADC”) for landfill operations and qualified for diversion credit. However, passage of Assembly Bill 1594 resulted in PGM used as ADC no longer being eligible for diversion credit starting on January 1, 2020.

In addition to the loss of diversion eligibility for PGM used as ADC, SB 1383 requires a 50% reduction in the disposal of Organic Waste by January 1, 2020 and a 75% reduction of Organic Waste by January 1, 2025. In addition, the law requires 20% of edible food waste be recovered by 2025.

On April 23, 2019, the Orange County Board of Supervisors passed Resolution 19-031 to respond to the State’s increasing landfill diversion requirements and identified the need for additional organic processing infrastructure in the County and directed the Department to develop additional organics recycling infrastructure to support the region in meeting State organic recycling mandates. (See Attachment 4) To respond to Organics Legislation requirements, the County has developed an Organics Infrastructure that is comprised of organic processing facilities to receive and process Organic Waste to support the State’s Organic Legislation goals, promote local recycling, assist local jurisdictions in meeting their organic diversion requirements and correspondingly conserve capacity in the Disposal System.

In their effort to continue the concepts and purposes outlined in the WDAs and respond to Organics Legislation, the City and the County desire to enter into this Organics Agreement, on the terms and conditions set forth herein.

With the exception of the terms and organic specific provisions found in this Organics Agreement, the Parties intend that the provisions of the currently operative WDA and the replacement WISE Agreement that is being negotiated between the County and City are anticipated to become operative on July 1, 2026, be applied to this OSA.

The City has determined that the execution of this Organics Agreement by the City will serve the public health, safety and welfare of the City by providing enhanced organics processing to assist in the City in meeting its Organics Legislation diversion requirements, and the continuation of sound environmental management.

The County has determined that the execution by the County of this Organics Agreement will serve the public health, safety and welfare by providing a stable, predictable and reliable supply of organic material and the resulting service payment revenue to the Organics Infrastructure, thereby enabling the County to plan, manage, operate and finance improvements to the Organics Infrastructure System on a prudent and sound long term, businesslike basis consistent with its legal and regulatory obligations to the State and Federal government.

Official action approving this Organics Agreement and determining it to be in the public interest and authorizing its execution and delivery was duly taken by the County on the County authorization date indicated on the cover page hereof.

Official action approving this Organics Agreement and determining it to be in the public interest and authorizing its execution and delivery was duly taken by the City on the City authorization date indicated on the cover page hereof.

It is, therefore, agreed as follows:

ARTICLE I

DEFINITIONS AND INTERPRETATION
SECTION 1.1 DEFINITIONS. The definitions provided in the WDA and yet to be executed WISE Agreement shall be incorporated into this Agreement. The following terms shall be added and have the meanings set forth below.
“Acceptable Organic Waste” means Residential Organic Waste that consists of Green Material/Wood Waste, Agricultural Material, Manure, Vegetative Food Material, Food Waste and other organic material as may be authorized under the County’s Compostable Material Handling Permits. “Attachment” means an attachment to this OSA, as the same may be amended or modified from time to time in accordance with the terms hereof.
“CalRecycle” means the California Department of Resources Recycling and Recovery, which is a branch of the California Environmental Protection Agency. CalRecycle oversees the State’s waste management and waste reduction programs. CalRecycle was established in 2010 to replace the California Integrated Waste Management Board and is responsible for the enforcement of legislation and regulations and diversion requirements applicable to the Waste Infrastructure System.
”City Acceptable Organic Waste” means all Acceptable Organic Waste which was originally discarded by the first generator thereof within the geographical limits of the City and Residue Waste from the foregoing wherever produced, whether withing or outside the City.
“City Organic Tonnage Limit” the maximum amount of Controllable Organic Waste that County is committed to accept under the Organic Service Covenant as provided in Attachment 3. “Commencement Date” means the date on which the obligations of the parties hereto commence. “Contract Date” means the first date on which this OSA has been executed by both parties hereto. “Controllable Organic Waste” means all City Acceptable Organic Waste with respect to which the City has the legal or contractual ability to determine the processing location and procurement requirements as they relate to the City’s Organics Legislation compliance requirements.
“Consumer Price Index” or “CPI” means the Consumer Price Index published by the Bureau of Labor Statistics for Al Urban Consumers: Water and Sewer and Trash Collection Services in U.S. City Average (CUSR0000EHG). In the event the forgoing index is no longer published during the term of this Agreement, such other index identified by the Bureau of Labor Statistics as a replacement or otherwise generally accepted as a replacement shall be used for purposes of this Agreement; and, in the absence thereof, the County Board of Supervisors shall select an index that it determines most closely reflects the forgoing and best implements the intent of this Agreement.
“Initial Term” has the meaning specified in Section 5.1(A) hereof. “Manure/Stable Bedding Program” means the programs used by the County to mix source separated uncontaminated horse manure and stable bedding into its Organic Infrastructure to create organic product. Current permit requirements set a maximum percentage of 20% manure/stable bedding (“Material”) by weight of total incoming feedstock. County agreement to accept Material is subject to payment of the Organic Contract Rate, available capacity, and compliance with the terms found in Attachment 2.
“Organic Contract Rate” has the meaning specified in Section 4.2 hereof. “Organic Diversion Credit” means credit provided to a local jurisdiction or entity for implementing the diversion of Organic Waste from landfilling through specific activities recognized by the Department of Resources Recycling and Recovery (CalRecycle) including composting, anaerobic digestion, or other methods to meet the State’s waste diversion goals and statutes such as Assembly Bill 939, Assembly Bill 341, Assembly Bill 1594, Assembly Bill 1826, and SB 1383 through waste prevention, reuse, and recycling. “Organic Infrastructure” means the County’s organics processing facilities and programs used to recycle and promote the processing and diversion of Organic Waste into compost or other material that qualifies as diversion under Applicable Law as described in more detail in Attachment 1. “Organics Legislation” means organics recycling legislation including Assembly Bill 1594, Assembly Bill 1826, SB1383 and any future legislation pertaining to the management and diversion of Organic Waste. “Organic ROWP Procurement Credit” means credit provided to a jurisdiction to meet their Recovered Organic Waste Procurement Target under SB 1383 by procuring Recovered Organic Waste Products as permitted by CalRecycle.
“Organics Agreement” means this Organic Services Agreement (“OSA”) between the County and the City as the same may be amended or modified from time to time in accordance herewith. “Organic Take-Back Goal” means the programs that City and County will work toward to create City programs that have the goal of City taking back its Proportional Share of finished compost or other Recovered Organic Waste Product for local application.
“Organic Waste” means solid wastes containing material originated from living organisms and their metabolic waste products including, but not limited to, food, green material, landscape and pruning waste, organic textiles and carpets, lumber, wood, paper products, printing and writing paper, manure, biosolids, digestate, and sludges as defined in Title 14 of the California Code of Regulations, Section 18982(a)(46). “Processed Green Material” (“PGM”) as defined in Title 27, California Code of Regulations §20690(b)(3) means any plant material that is either separated at the point of generation, or separated at a centralized facility that employs methods to minimize contamination. Green material includes, but is not limited to, yard trimmings, untreated wood wastes, paper products, and natural fiber products. Green material does not include treated wood waste, mixed demolition or mixed construction debris, manure, or plant waste from the food processing industry, alone or blended with soil. Processed green material may include varying proportions of wood waste from urban and other sources and shall be ground, shredded, screened, source separated for grain size, or otherwise processed. This PGM standard is the standard that Controllable Organic Waste must meet in order to be accepted at County’s Organic Infrastructure under the OSA.
“Proportional Share” means 60% of the weight of Controllable Organic Waste City delivered by City to County’s Organics Infrastructure.
“Recovered Organic Waste Product” or “ROWP” means compost, mulch, renewable energy (transportation fuel, electricity, and gas for heating) from anaerobic digestion, and electricity from biomass conversion. “Recycled City Organic Waste” means any otherwise Controllable Organic Waste which is separated from Acceptable Organic Waste by the generator thereof and composted by generator at home, community gardens or other processing and which is not placed in Franchise Hauler bin for collection. “Renewal Term” has the meaning specified in Subsection 5.1(C) hereof. “Residential Organic Waste” means Acceptable Organic Waste normally disposed of by or collected from residential (single family and multi-family) residences. "Residual Waste” means any contaminants, inert materials, overs, or Acceptable Organic Waste that could not be processed at the Department’s Organic Infrastructure that required to be dispose within the Disposal System. “Waste Disposal Agreement” (“WDA”) means the currently operative agreement between the Parties for the disposal of municipal solid waste that is currently set to expire on June 30, 2026. With the exception of specific or conflicting provisions provided in this Organics Agreement, the Parties agree that the terms found in the WDA shall be applied to the interpretation of this OSA. For the purpose of interpretation of this OSA, the Parties also intend that the WDA be read to include terms such as Controllable Organic Waste, where appropriate. “Waste Infrastructure System” or “Disposal System” means active Class III sanitary landfills (“County Landfills”), closed landfills managed by the County, resource recovery operations, Organics Infrastructure, recycling and organics programs, infrastructure and operations, and regional household hazardous waste collection centers and other waste management related systems as may be deemed necessary by the County. “Waste Infrastructure System Enterprise Agreement” or “WISE Agreement” means each of the agreement between the parties that is expected to replace the current WDA that is set to expire on June 30, 2026.

SECTION 1.2 INTERPRETATION. In this Agreement, unless the context otherwise requires:

References Hereto. The terms “hereby”, “hereof”, “herein”, “hereunder”, “herewith”, and any similar terms refer to this Agreement, and the term “hereafter” means after, and the term “heretofore” means before, the Contract Date.

Gender and Plurality. Words of the masculine gender mean and include correlative words of the feminine and neuter genders and words importing the singular number mean and include the plural number and vice versa.

Persons. Words importing persons include firms, companies, associations, general partnerships, limited partnerships, trusts, business trusts, corporations and other legal entities, including public bodies, as well as individuals.

Headings. The table of contents and any headings preceding the text of the Articles, Sections and subsections of this Agreement shall be solely for convenience of reference and shall not constitute a part of this Agreement, nor shall they affect its meaning, construction or effect.

No Third Party Beneficiaries. Nothing in this Agreement is intended to confer on haulers or any other person other than the parties hereto and their respective permitted successors and assigns hereunder any rights or remedies under or by reason of this Agreement.

Counterparts. This Agreement may be executed in any number of original counterparts. All such counterparts shall constitute but one and the same Agreement.

Applicable Law and Venue. This Agreement has been negotiated and executed in the State of California and shall be governed by and construed under the laws of the State of California. In the event of any legal action to enforce or interpret this Agreement, the sole and exclusive venue shall be a court of competent jurisdiction located in Orange County, California, and the parties hereto agree to and do hereby submit to the jurisdiction of such court, notwithstanding Code of Civil Procedure Section 394. Furthermore, the parties specifically agree to waive any and all rights to request that an action be transferred for adjudication to another county.

Severability. If any clause, provision, subsection, Section or Article of this Agreement shall be ruled invalid by any court of jurisdiction, then the parties shall: (1) promptly meet and negotiate a substitute for such clause, provision, subsection, Section or Article which shall, to the greatest extent legally permissible, effect the intent of the parties therein; (2) if necessary or desirable to accomplish item (1) above, apply to the court having declared such invalidity for a judicial construction of the invalidated portion of this Agreement; and (3) negotiate such changes in, substitutions for or additions to the remaining provisions of this Agreement as may be necessary in addition to and in conjunction with items (1) and (2) above to effect the intent of the parties in the invalid provision. The invalidity of such clause, provision, subsection, Section or Article shall not affect any of the remaining provisions hereof, and this Agreement shall be construed and enforced as if such invalid portion did not exist, unless such invalidity frustrates the underlying primary purpose of the Agreement.

ARTICLE II

REPRESENTATIONS AND WARRANTIES
SECTION 2.1 REPRESENTATIONS AND WARRANTIES OF THE CITY. The City represents and warrants that:
(A) Existence. The City is a general law or charter city or a Special District or Sanitary District validly existing under the Constitution and laws of the State. (B) Due Authorization. The City has duly authorized the execution and delivery of this Organics Agreement, and this Organics Agreement has been duly executed and delivered by the City.

SECTION 2.2 REPRESENTATIONS AND WARRANTIES OF THE COUNTY. The County represents and warrants that:
(A) Existence. The County is a political subdivision of the State of California validly existing under the Constitution and laws of the State.
(B) Due Authorization. The County has duly authorized the execution and delivery of this OSA, and this OSA has been duly executed and delivered by the County.

ARTICLE III

DELIVERY AND ACCEPTANCE OF

ORGANIC WASTE AND PROVISION OF

ORGANIC PROCESSING SERVICES
SECTION 3.1 DELIVERY OF ORGANIC WASTE.
(A) Organic Waste Covenant. Subject to the occurrence of the Commencement Date and throughout the Term of this OSA, and subject to available Organic Infrastructure capacity, the City shall exercise all legal and contractual power and authority which it may possess from time to time to deliver or cause the delivery of all Controllable Organic Waste (up to City’s Organic Tonnage Limit as provided in Attachment 3) to the Waste Infrastructure System in accordance with the terms of this OSA. (B) Recycled City Organic Waste.

1. Non-Mandatory Organic Waste City Programs: The parties hereto acknowledge the responsibility of the City to meet its own recycling and landfill diversion goals contained in the Act and Organics Legislation.

Nothing in this Agreement is intended or shall be interpreted to prohibit or impair the ability of the City to meet such responsibilities, or to restrict the right of the residents, businesses or organizations in the City to practice source separation, recycling, composting or other materials recovery activities, or to restrict the right of the City to conduct, sponsor, encourage or require such activities in any form. No reduction in the amount of Controllable Organic Waste generated in the City and delivered to the Organic Infrastructure by or on behalf of the City which may result from any such source separation or recycling program shall cause the City any liability hereunder (other than potential adjustment to the Organic Contract Rate as may be negotiated by the Parties as authorized under this OSA, and shall not constitute a breach of this Agreement.)

2. Mandatory Organic Waste City Collection Programs: City shall provide data and information to County regarding City’s mandatory Organic Waste collection programs including but not limited to the tonnage of organics collected by the City for diversion under this OSA. The information will be used to provide education and outreach for participation with the goal of minimizing contamination and increasing diversion. (C) Organic Diversion Credit. City shall receive Organic Diversion Credit for City’s Controllable Organic Waste minus any Residual Waste delivered by City and accepted by County and processed into Recovered Organic Waste Product at the County’s Organic Infrastructure. (D) Organic ROWP Procurement Credit. City shall receive Organic ROWP reports for finished recovered organics waste products procured from County that meets the procurement requirements of Title 14 of the California Code of Regulations, Section 18993.1 et seq. City shall receive Organic ROWP Procurement Credit as follows:

1. County will assist City in developing local City programs and opportunities designed to enable the City to meet its own ROWP requirements.

2. City shall be entitled to “take back” its Proportional Share of SB 1383 compliant, STA Certified compost, mulch or other ROWP products from County Organics Infrastructure and used as ROWP Procurement Credit.

3. County will provide reports and allocate credit associated with City resident ROWP pickup as well as commercial landscapers from City that collect ROWP from County Organic Infrastructure.

4. City will be eligible to receive ROWP Procurement Credit for excess Acceptable Recovered Organic Waste Product that County is able to market beyond that needed for the County unincorporated areas or that is not otherwise committed. (*County makes no guarantees that it will provide City with 100% ROWP Procurement Credit.)
(E) Organic Take-Back Goal. City is not required to “take back” its Proportional Share of STA Certified finished compost, mulch, or other ROWP from the County’s Organic Infrastructure, however City and County will work toward creating City programs that have the goal of City taking back its Proportional Share of finished compost or other Recovered Organic Waste Product for local application (“Organic Take-Back Goal”) to meet City’s ROWP procurement requirements.
(F) Procurement of Additional ROWP. Pursuant to terms agreeable to both Parties, City may request to procure Recovered Organic Waste Product in addition to its Proportional Share within the same Contract Year.
(G) OSA Conditions. As a condition of participating in the County’s Organics Infrastructure, City agrees to the following terms:

1. All Controllable Organic Waste delivered to the County’s Organics Infrastructure shall meet the standards as set forth in Attachment 2;

2. City or its Franchise Hauler shall pay the Organics Contract Rate for all Organic Waste delivered to the County’s Organic Infrastructure for processing into Recovered Organic Waste Product;

3. City shall provide information to County on a quarterly basis that identifies where Controllable Organic Waste being delivered to the County’s Organic Infrastructure originated and shall ensure that the organic material being delivered meets the definition of City Acceptable Organic Waste.

4. Bulk ROWP: City shall be entitled to arrange for the Take Back (at City cost) from County Organic Infrastructure compost, mulch and other Recovered Organic Waste Product in bulk form free of charge.

5. Non-Bulk ROWP: County may establish separate fees for provision of non-bulk material including but not limited to bagged material or compost wattles. City shall be entitled to arrange for the Take Back of Non-Bulk ROWP at City cost.

6. City’s Proportional Share shall be calculated as 60% of the weight of Controllable Organic Waste City delivers to County’s Organics Infrastructure by City. (H) No Right of Organic Waste Substitution. Nothing in this Agreement shall authorize or entitle the City to deliver, or cause the delivery to the County’s Organic Infrastructure, Acceptable Organic Waste originating from or generated outside the jurisdiction of the City, nor obligate the County to receive or dispose of any such Acceptable Organic Waste into the Waste Infrastructure System. The City shall not assign in whole or in part its right to deliver or cause to be delivered Controllable Organic Waste to the County hereunder, and shall not permit any Acceptable Organic Waste originating from or generated outside the jurisdiction of the City to be substituted for Controllable Organic Waste for any purpose hereunder.

SECTION 3.2 PROVISION OF ORGANIC PROCESSING SERVICES BY THE COUNTY. (A) Organic Service Covenant. Commencing on the Commencement Date, the County shall provide or cause the provision of the service of receiving and processing of City’s Controllable Organic Waste (up to the City Organic Tonnage Limit provided in Attachment 3) at the County’s Organics Infrastructure as described in more detail in Attachment 1. The County shall exercise all reasonable efforts to minimize the costs incurred in complying with the Organic Service Covenant consistent with prudent solid waste management practice and environmental considerations and under Applicable Law.
(B) Receipt of Controllable Organic Waste. Upon acceptance of the Controllable Organic Waste that meets the PGM standards provided in Attachment 2, County shall process the Organic Waste into compost, mulch or other ROWP as specified in Title 14 of the California Code of Regulations Section 18993.1 (C) Education and Outreach. The Department will assist the City and its hauler in their efforts on Organic education and outreach with the goal of the City meeting its organic diversion and ROWP procurement requirements.
(D) Designated Facilities. County and City will coordinate in determining the primary organic processing facilities and tonnages (as reflected in Attachment 1) used for receiving and processing of Controllable Organic Waste. The Department shall immediately advise the City by telephone of any situation, event or circumstance which results in the partial or complete inability of the County to receive Controllable Organic Waste at any particular County Organics Infrastructure within the Waste Infrastructure System, its effect on the County’s ability to perform its obligations hereunder, and the County’s best estimate of the probable duration. The Department shall confirm such advice in writing within twenty four (24) hours of the occurrence of any such inability. The County shall use its best efforts to resume normal operation of the Organics Infrastructure primarily used by the City as soon as possible. In the event a situation, event or circumstance results in the partial or complete inability of the County to receive Controllable Organic Waste at any particular County Organics Infrastructure within the Waste Infrastructure System the County shall have the right to redirect Controllable Organic Waste to another landfill or County Organics Infrastructure within the Waste Infrastructure System for the duration of the situation, event or circumstance; In no event shall the County be required to accept Controlled Organic Waste if it does not have sufficient permitted organic processing capacity within the Waste Infrastructure System.
(E) Compliance with Service Covenant Not Excused for any Reason. Commencing on the Commencement Date, and subject to the terms of this Agreement, the obligations of the County to duly observe and comply with the Organic Service Covenant, in accordance with Applicable Law, shall apply continuously and without interruption for the Term of this OSA. In the event that any Change in Law, situation, event or other Uncontrollable Circumstance impairs or precludes compliance with the Organic Service Covenant by the means or methods then being employed by the County, the County shall use best efforts to implement alternative or substitute means and methods to enable it to satisfy the terms and conditions of the Service Covenant. In the event that a Change in Law precludes the County from complying with such covenants with the means or methods then being employed and from utilizing any alternate or substitute means or methods of compliance, the County shall continuously use all reasonable efforts to effectuate executive, legislative or judicial change in or relief from the applicability of such law so as to enable the County lawfully to resume compliance with such covenants as soon as possible following the Change in Law.

County failure to duly observe and comply with the Organic Service Covenant due to its efforts to comply with Applicable Law, shall not constitute a breach under this Organics Agreement, and shall excuse County performance to the extent necessary to comply with Applicable Law.

If the alternative or substitute means and methods proposed for the County to observe and comply with the Organic Service Covenant are more costly than the previously used means and methods, the Parties shall negotiate a mutually agreeable new Organic Contract Rate. If the Parties are unable to agree on a new Organic Contract Rate, the Parties may terminate this agreement without penalty with ninety (90) days notice.

SECTION 3.3 COUNTY RIGHT TO REFUSE ORGANIC WASTE.
(A) Right of Refusal. Notwithstanding any other provision hereof, the County may refuse delivery of:
(1) Hazardous Waste;
(2) Acceptable Organic Waste delivered by City but originating from or generated outside the jurisdiction of the City;
(3) Acceptable Organic Waste delivered in excess of the City Organic Tonnage Limit listed in the Attachment 3;
(4) Acceptable Organic Waste in excess of permitted limits; (5) Acceptable Organic Waste that would result in County violating Applicable Law; (6) Controllable Organic Waste that does not meet the requirements found in Attachment 2;
SECTION 3.4 COUNTY PROVISION OF OTHER ORGANIC WASTE DIVERSION SERVICES. (A) Food Waste Processing and Diversion. County is in the process of evaluating the options and feasibility of development of a Commercial Food Waste Processing Infrastructure. If developed, City will be provided an opportunity to participate in this service on terms separately agreed to by the Parties. (B) Edible Food Recovery Programs. County is in the process of evaluating the options and feasibility of development of regional County-wide edible food recovery programs to assist Cities in meeting State mandated goals. The intent of Edible Food Recovery to address the food hierarchy and wasted food scale on a regional level through collaboration of all jurisdictions, key local, State and federal stakeholders, the non-profit sector and business sector. City agrees to cooperate with County efforts and collaborate on data analysis and reporting to provide jurisdictions reports for compliance under SB1383.
(C) Separate City -County Diversion Service Agreements. Nothing in this Agreement is intended to limit the right of the County to enter into a separate agreement with the City or any other person, jurisdiction, or entity to provide source reduction, materials recovery, recycling, composting or other waste diversion services.

ARTICLE IV

ORGANIC CONTRACT RATE
SECTION 4.1 CHARGING AND SECURING PAYMENT OF ORGANIC CONTRACT RATE.

The City acknowledges that the County shall have the right to charge and collect an Organic Contract Rate for the acceptance and processing of Controllable Organic Waste delivered to the Organic Infrastructure by City or its Franchise Hauler. City acknowledges that the County shall have the right to establish as part of the operating rules and regulations reasonable measures to secure the payment of all Organic Contract Rates.

SECTION 4.2 ORGANIC CONTRACT RATE.
(A) Establishment of Contract Rate. The Organic Contract Rate payable by each City or Franchise Hauler shall be $67/Ton up to the City Organic Tonnage Limit. (B) Special Charges. Notwithstanding Section 4.2(A), the County shall have the right to impose special charges for items such as bagged material or compost wattles; new or expanded services; or receipt of hard to handle materials, such as bulky materials, construction and demolition debris, tree stumps, biosolids and sludge. Such special charges shall be calculated to reflect the reasonable incremental costs to the County of providing the new or expanded services or accepting such hard to handle materials. (C) Escalation.

1. Annual CPI Adjustment: The Organics Contract Rate shall be adjusted each July 1, beginning 2027. The change will be equal to the percentage change in the Consumer Price Index - Consumer Price Index for Al Urban Consumers: Water and Sewer and Trash Collection Services in U.S. City Average (CUSR0000EHG) as measured from the October twenty one (21) months prior to the rate adjustment to the October immediately preceding the rate adjustment. In the event that the change in the change in CPI as described above is negative rather than positive, no rate adjustment will be made for that year.

Organic Contract Rate True-up: County will notify City prior to April 30, 2029 (and every three (3) years thereafter) and advise whether actual inflation rate since execution should be frozen for a period of time (in circumstances where Department revenues exceed Department Full Cost Recovery needs) or to determine whether the Organic Contract Rate should be increased beyond CPI as described above (in circumstances where Department costs exceed CPI) to ensure that Department revenues meet Full Cost Recovery.

2. Adjustment Resulting from Increased Fees: In addition to the other adjustments specified herein, the Organic Contract Rate shall be automatically adjusted to reflect the imposition of new fees or increases in existing fees relating to the County’s processing of Controllable Organic Waste imposed by State, federal or other agencies. The County shall provide notice of any increase pursuant to this Section as soon as practicable after becoming aware of the imposition of any fees described above.

ARTICLE V
TERM
SECTION 5.1 EFFECTIVE DATE AND TERM.
(A) Initial Term. This Organic Services Agreement shall become effective, shall be in full force and effect and shall be legally binding upon the City and the County from the Contract Date and shall continue in full force and effect until June 30, 2036, unless earlier terminated in accordance with its terms, in which event the Term shall be deemed to have expired as of the date of such termination. (B) Bi-Annual Opener. In light of the significant changes in law by the California Legislature to address climate change, the Parties agree to meet at least bi-annually or earlier at the request of County to review the Organic Contract Rate and discuss the need for additional investment into the Organic Infrastructure to respond to existing or new legislative requirements, diversion requirements, provision of new services, or other matters of mutual concern to the Parties.
(C) Option to Renew. This Agreement shall be subject to renewal by mutual agreement of the Parties, on or before June 30, 2036 for an additional term of 10 years (the “Renewal Term”) on the same terms and conditions as are applicable during the Initial Term hereof or on amended terms as may be mutually agreed to by the Parties. The City shall give the County written notice of its election to renew this Agreement on or before June 30, 2034. If the parties do not execute a renewal of this Agreement prior to June 30, 2036 it shall expire.

ARTICLE VI

GENERAL PROVISIONS
SECTION 6.1 NOTICES. Any notice or communication required or permitted hereunder shall be in writing and sufficiently given if delivered in person or sent by certified or registered mail, postage prepaid, to the notice address of the respective Parties set forth on the cover page of this Agreement. Changes in the respective addresses to which such notices may be directed may be made from time to time by any Party by notice to the other Party.

SECTION 6.2 ATTORNEYS FEES. In any action or proceeding to enforce or interpret any provision of this Agreement, each Party shall bear their own attorney’s fees, costs and expenses.

SECTION 6.3 RELATIONSHIP OF THE PARTIES. Neither party to this Agreement shall have any responsibility whatsoever with respect to services provided or contractual obligations or liabilities assumed by the other party hereto, whether accrued, absolute, contingent or otherwise, or whether due or to become due. The County is an independent contractor of the City and nothing in this Agreement shall be deemed to constitute either party a partner, agent or legal representative of the other party or to create any fiduciary relationship between the parties.

SECTION 6.4 NO CONSEQUENTIAL OR PUNITIVE DAMAGES. In no event shall either Party hereto be liable to the other or obligated in any manner to pay to the other any special, incidental, consequential, punitive or similar damages based upon claims arising out of or in connection with the performance or non- performance of its obligations or otherwise under this Agreement, or the material inaccuracy of any representation made in this Agreement, whether such claims are based upon contract, tort, negligence, warranty or other legal theory.

SECTION 6.5 AMENDMENTS. Neither this Agreement nor any provision hereof may be changed, modified, amended or waived except by written agreement duly authorized and executed by both Parties.

SECTION 6.7 NOTICE OF LITIGATION. Each Party shall deliver written notice to the other of any Legal Proceeding to which it is a party and which questions the validity or enforceability of this Agreement executed by the City or the County or any Legal Entitlement issued in connection herewith.

SECTION 6.8 FURTHER ASSURANCES. At any and all times the City and the County so far as may be authorized by law shall pass, make, do, execute, acknowledge and deliver any and every such further resolutions, acts, deeds, conveyances, instruments, assignments, transfers and assurances as may be necessary or reasonably requested by the other in order to give full effect to this Agreement.

SECTION 6.9 ASSIGNMENT OF AGREEMENT. Neither this Agreement nor any of the rights or obligations hereunder may be assigned by either Party hereto without the prior written consent of the other Party, which may be withheld in the other Party’s sole discretion. Notwithstanding the foregoing, either Party may assign this Agreement to another public entity, subject to the reasonable consent of the other party. In such circumstances the Party not requesting the assignment shall have the right to demand assurances of the financial, technical and legal ability of the proposed assignee to undertake the responsibilities and obligations of the assigning Party.

SECTION 6.10 BINDING EFFECT. This Agreement shall bind and inure to the benefit of the Parties hereto and any successor or assignee acquiring an interest hereunder consistent with the provisions of Section 6.9 hereof.

Signature Page to Follow
IN WITNESS WHEREOF, COUNTY and CITY have caused this Agreement to be executed by their duly authorized officers or representatives as of the day and year first above written.

COUNTY OF ORANGE
Date By
Director, OC Waste & Recycling
APPROVED AS TO FORM:

COUNTY COUNSEL

ORANGE COUNTY, CALIFORNIA
By
Date
Date By
[NAME]
City Representative
City of XX
Date By
[NAME]
City Representative
City of XX
APPROVED AS TO FORM:

By
City Attorney
Date
Attachment 1

COUNTY OF ORANGE ORGANIC INFRASTRUCTURE
Attachment 1

COUNTY OF ORANGE ORGANIC INFRASTRUCTURE
The County of Orange owns and operates a network of three commercial organic processing facilities co-located at each of the active landfills. Each of the organic processing facilities have the ability to receive organic material and to produce organic products for cities to meet their Take-Back requirements specified within this agreement. Products produced at the organic processing facilities meet CalRecycle’s SB 1383 procurement requirement and are certified under the US Composting Council’s Standard of Testing Assurance (STA) Program. Product offerings include compost and composted mulch. Additional products may be offered as determined by the County.

A summary of each of the organic processing facilities is listed below:

Valencia Greenery (Co-Located at Olinda Alpha Landfill) 1942 N. Valencia Avenue
Brea, CA 92823
Permitted Maximum Tonnage (Open Windrow): 94 tons per day Proposed Permitted Maximum Tonnage (Covered Aerated Static Pile): 228 tons per day Permitted Hours of Operation: Monday through Saturday 6:00 am to 4:00 pm Ancillary Operation Hours: 24 hours per day/7 days a week Bee Canyon Greenery (Co-Located at Frank R. Bowerman Landfill) 11002 Bee Canyon Access Road
Irvine, CA 92602
Permitted Maximum Tonnage (Open Windrow): 210 tons per day Proposed Permitted Maximum Tonnage (Covered Aerated Static Pile): 876 tons per day Permitted Hours of Operation: Monday through Saturday 7:00 am to 5:00 pm Ancillary Operation Hours: 24 hours per day/7 days a week Capistrano Greenery (Co-Located at Prima Deshecha Landfill) 32250 Avenida La Pata
San Juan Capistrano, CA 92675
Permitted Maximum Tonnage (Open Windrow): 204 tons per day Proposed Permitted Maximum Tonnage (Covered Aerated Static Pile): 536 tons per day Permitted Hours of Operation: Monday through Saturday 7:00 am to 5:00 pm Ancillary Operation Hours: 24 hours per day/7 days a week This list may be modified/expanded at the discretion of the County.

Attachment 2

SPECIFICATIONS FOR CONTROLLABLE ORGANIC WASTE AS PROCESSED GREEN WASTE

MATERIAL (PGM) AT COUNTY ORGANIC INFRASTRUCTURE
Attachment 2

SPECIFICATIONS FOR CONTROLLABLE ORGANICE WASTE AS PROCESSED GREEN WASTE

MATERIAL (PGM) AT COUNTY ORGANIC INFRASTRUCTURE

DESCRIPTION
Processed Green Material (PGM) consists of yard waste, grass clippings, leaves, tree trimmings and plant-based materials which have been sorted to remove contamination and processed by shredding or grinding. PGM should not contain manure, stable waste or pet waste, which can create odors.

Processed Green Material is defined as following (California Code of Regulations, Title 27, Division 2, Subdivision 1, Chapter 3, Subchapter 4, Section 20690 [b] [3]):
 Processed Green Material – means any plant material that is either separated at the point of generation or separated at a centralized facility that employs methods to minimize contamination. Green material includes, but is not limited to, yard trimmings, untreated wood wastes, paper products, and natural fiber products. Green material does not include treated wood waste, mixed demolition or mixed construction debris, manure, or plant waste from the food processing industry, alone or blended with soil. Processed green material may include varying proportions of wood waste from urban and other sources and shall be ground, shredded, screened, source separated for grain size, or otherwise processed.

CONTAMINANT DEBRIS
The PGM should be free from all contaminant debris (glass, plastic, film plastic, metals, etc.) as well as salt and deleterious material such as clods, coarse objects, rocks, inert debris, and Material Recovery Facility (“MRF”) fines.

County personnel visually inspect the PGM loads as they come in, making sure that the specifications are met and to determine if the loads are contaminated (i.e., mixed with paper, plastics and other trash.) If the loads appear to have unacceptable contamination in excess of 0.5% either by weight or volume, the PGM loads will not be allowed into the Organic Infrastructure and the City and/or hauler will be notified that contaminated PGM loads are unacceptable. The PGM will be deemed as municipal solid waste and the City and/or hauler will have the option to take the material to the landfill for disposal or be returned to the hauler’s facility for additional processing. For material that is physically dumped at the unloading area and is deemed unacceptable by OC Waste & Recycling staff, the material will be reloaded into the transfer vehicle for reprocessing at hauler’s processing facility or sent to the landfill for disposal.

Hauler will be charged the current “Hard-to-Handle” fee for re-loading services and disposal of unacceptable material.

SIZE
The particle size of the PGM acceptable is between ½-inch and 3 inches in length between ½-inch and 1 inch in width and between ½-inch and 1 inch in thickness. No particle should exceed 3 inches in any dimension.

MOISTURE CONTENT
The moisture content of the PGM should be in the range of 50-60 percent. If the PGM’s moisture content is unacceptable and cannot be received for processing at the County’s Organic Infrastructure Facilities, the material will be re-loaded into the transfer vehicle for reprocessing at hauler’s processing facility or sent to the landfill for disposal.

The hauler will be charged the current “Hard-to-Handle” fee for re-loading services and disposal of unacceptable material.

FOOD WASTE
Residential food waste mixed with PGM as part of a city organic collection program is acceptable provided that the food waste is free of contaminant debris (glass, plastic, food packaging, non-compostable silverware, soiled napkins, etc.). No commercial or source-separated food waste will be accepted except for cases where the County has entered into an agreement with a City to accept specific source separated organic material as Additional Feedstock as described below.

SOURCE SEPARATED MANURE
Subject to available capacity, City and/or Hauler may bring non-residential, source separated manure and stable bedding pursuant to the following Manure/Stable Bedding Program requirements:

1. Material Quantity: manure/stable bedding must be uncontaminated which means free of any hazardous materials, food waste packaging, plastics, glass, and any large bulky items and inert materials that need to be further sized or removed for composting. (“Material”)

2. Material Volume: County and City/Hauler will determine the anticipated volume of Material to ensure that the County’s Organic Infrastructure has sufficient capacity to manage the proposed amount of Material.

3. Material will be load checked to determine if it meets the established quality standards. If contaminants exceed

0.5% (by weight or volume), the load is deemed contaminated and not meeting quality standard for use in the Manure/Stable Bedding Program.

4. Material that is deemed unacceptable will be subject to the fees established by OCWR for this material type.

Material that does not meet the established quality standards will be charged as follows:
a. If determined not to meet quality standards before Material is unloaded, standard disposal rates will apply.
b. If determined not to meet quality standards after Material is unloaded (or partially unloaded), hard-to-handle disposal rates will apply.

5. Material Delivery:
a. All Material deliveries will be scheduled and coordinated with OCWR prior to delivery. Any changes to material delivery quantities or days will be coordinated with OCWR prior to making the change.
b. While OCWR will remain as flexible as possible on timing of deliveries, material deliveries will be limited to Monday through Friday between 8:00 am and 2:00 pm and subject to holiday schedules. Should the delivery times change, then OCWR shall give two (2) days prior notice of the delivery time change.
c. Upon delivery, OCWR staff will record exact tonnage, name of hauler/transporter provider, and note distinguishing characteristics of feedstock and other pertinent information. d. Deliveries made without OCWR prior approval may be refused or charged at the established rate.
e. OCWR reserves the right to deny a request to deliver for any reason. (i.e., OCWR does not guarantee that it will accept manure/stable bedding under this program. Instead, OCWR will accept Material based on its operational need and will make every effort to accommodate City’s/hauler Material except when a reduction or stoppage is needed.)

ADDITIONAL FEEDSTOCK
The County at its discretion may accept additional material types such as food waste and manure based on availability and permitting conditions at each of the County’s organic processing facilities. The County will work with City to identify the specifications for accepting the material types including scheduling of deliveries and quantities.

CHANGES TO SPECIFICATIONS
County reserves the right to modify the Specifications found in this Appendix due to a change in law or regulation or in consideration of operational or Organic Processing Infrastructure needs. County shall provide 90 days notice regarding changes to this Appendix.

Attachment 3

CITY ORGANIC TONNAGE LIMIT
Attachment 3

CITY ORGANIC TONNAGE LIMIT
The City Organic Tonnage Limit listed in the Attachment is the maximum amount of Controllable Organic Waste that County is committed to accept under the Organic Service Agreement.

Jurisdiction Designated Greenery City Organic Tonnage Limit Daily Limit1 Monthly Limit2 Annual
Limit
TBD ________tons _________ tons _______ tons
TBD
TBD
TBD

1. Daily Limit includes up to 20% by weight of source separated manure and stable bedding.

2. In the event City delivers less than their monthly limit, County may allocate unused City capacity at its discretion.

Attachment 4

ORGANIC INFRASTRUCTURE RESOLUTION

FRANCHISE HAULER ACKNOWLEDGMENT
THIS FRANCHISE HAULER ACKNOWLEDGMENT, dated as of March 10, 2026 (the “Acknowledgment”), and between the City of Stanton (the “City”) and CR&R Incorporated (the “Franchise Hauler”).

WITNESSETH
WHEREAS, the City and the Franchise Hauler have heretofore entered into an agreement entitled Amended and Restated Franchise Agreement dated as of September 12, 2023 (the “Franchise”); and WHEREAS, the City has issued to the Franchise Hauler a permit, license, approval or other authorization the “Authorization”) which allows the Franchise Hauler to provide solid waste collection services within the City; and
WHEREAS, the Franchise provides for the collection and disposal of certain municipal solid waste as described therein (“Franchise Waste”) generated within the City; and WHEREAS, the County of Orange (the “County”) owns, manages and operates a Waste Infrastructure System that is permitted to accept or process Acceptable Waste for disposal or diversion; and WHEREAS, the City and the County have heretofore entered into a Waste Infrastructure System Enterprise Agreement (the “WISE Agreement”), dated as of March 10, 2026; and WHEREAS, the WISE Agreement details responsibilities for disposal of municipal solid waste and may include processing of identified Organic Waste for diversion, generated within the boundaries of the City, and determine that the execution of the WISE Agreement will serve the public health, safety and welfare of the residents of the City and County, by maintaining public ownership and stewardship over the Waste Infrastructure System and providing disposal rate stability, predictable and reliable long-term disposal service, enhanced organics processing to assist the City in meeting its organics diversion requirements, and the continuation of sound environmental management; and
WHEREAS, under the WISE Agreement, the County has agreed to provide long-term disposal of all municipal solid waste generated within the City and may also provide for Organic Waste processing under an OSA and the City has agreed to exercise all legal, and contractual power which it possesses from time to time to deliver or cause the delivery of such waste to the Waste Infrastructure System; and WHEREAS, the provisions of the WISE Agreement guarantee capacity for the long term disposal and processing of waste at specified rates generated in the City provide significant benefits to the Franchise Hauler; WHEREAS, notwithstanding any Franchise provisions to the contrary, the Franchise Hauler explicitly acknowledges the aforementioned benefits to the City, the County and the Franchise Hauler in providing for the disposal of all Franchise Waste to the Waste Infrastructure System; and WHEREAS, the City and the Franchise Hauler desire to enter into this Acknowledgment to assure that the City and the Franchise Hauler will be entitled to the benefits of the WISE Agreement and to assure conformity with the waste delivery obligations which have been agreed to by the City under the WISE Agreement through the delivery of waste by the Franchise Hauler to the Waste Infrastructure System; and WHEREAS, the Franchise Hauler’s agreement to deliver Franchise Waste to the Disposal System under this Acknowledgment is given in consideration of the Franchise Hauler’s right to receive the Contract Rate for such disposal and processing as provided in the WISE Agreement.

1. Capitalized terms used and not otherwise defined herein are used as defined in the WISE Agreement.

3. The City and the Franchise Hauler each hereby represent that this Acknowledgment has been duly authorized by all necessary action of their respective governing bodies.

5. Unless expressly authorized by the Department, the Franchise Hauler shall only haul Controllable Waste to the Designated Facility.

9. The obligations of the Franchise Hauler under this Acknowledgment shall apply notwithstanding any provision of the Franchise which may conflict herewith.

The Franchise Hauler will cooperate with County audits to verify reported origin of tonnage by making records and personnel available to the County and/or its auditors.

IN WITNESS WHEREOF, the parties have caused this Acknowledgment to be executed by their duly authorized officers or representatives as of _____ day of __________, 2026. “CITY”
Signature:

Printed Name:

Title:

APPROVED AS TO FORM:

By
City Attorney
Date
“FRANCHISE HAULER”
Signature:

Printed Name:

Title:

CITY OF STANTON

REPORT TO THE CITY COUNCIL
TO: Honorable Mayor and Members of the City Council
DATE: March 24, 2026
SUBJECT: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF STANTON, CALIFORNIA APPROVING SUBDIVISION PARCEL MAP NO. 2025-110 REPORT IN BRIEF:

The subdivision parcel map for the development of a badminton facility, a parking lot, and site improvements along with consolidation of 6 lots into one parcel located at 10662 Court Avenue has been submitted by the developer for final certification and recordation.

RECOMMENDED ACTION:

3. Find that the recordation of Parcel Map No. 2025-110 will not be in violation of any of the provisions of Section 66474, 66474.1, and 66474.2 of the Subdivision Map Act; and

5. Authorize the City Manager to execute the Subdivision Improvement Agreement for Parcel Map No. 2025-110; and
Item: 9J
Click here to return to the agenda.

BACKGROUND:

On October 15, 2025, the Planning Commission of the City of Stanton adopted Site Plan and Design Review No. SPDR-825, Conditional Use Permit No. C25-01, Variance No. V25-01, and Tentative Parcel Map No. TPM 25-01 for development of a badminton facility located at 10662 Court Avenue.

As a condition of approval of the project, a final parcel map must be completed, reviewed, and approved by the City Council. The final map has been reviewed and found to be in compliance with the City’s general plan and zoning land use designations.

ANALYSIS AND JUSTIFICATION:

Recording of the final parcel map is required per Section 66426 of the Subdivision Map Act. The City Engineer has reviewed the subdivision Parcel Map No. 2025-110 and all associated documentation, and he is satisfied that the final parcel map substantially complies with the Site Plan and Design Review No. SPDR-825, Conditional Use Permit No. C25-01, Variance No. V25-01, and Tentative Parcel Map No. TPM 25-01 Orange County Public Works has also reviewed Parcel Map No. 2025-110 and has certified the technical correctness of the Map and its compliance with the provisions of the Subdivision Map Act.

FISCAL IMPACT:

None.

ENVIRONMENTAL IMPACT:

In accordance with the requirements of the California Environmental Quality Act (CEQA), this project has been determined to be categorically exempt under Section 15332, Class 32, (In-Fill Development Projects) and Section 15305, Class 5 (Minor Alterations in Land Use Limitations).

PUBLIC NOTIFICATION:

Public notification provided through the regular agenda process.

LEGAL REVIEW:

The City Attorney’s Office has reviewed the Subdivision Improvement Agreement.

STRATEGIC GOAL:

Goal 5. Maintain and promote a responsive, high quality, and transparent government.

Prepared by: Han Sol Yoo, P.E., Principal Civil Engineer Reviewed by: Cesar Rangel, P.E., Director of Public Works/City Engineer Approved by: Hannah Shin-Heydorn, City Manager
ATTACHMENTS:

A. Resolution No. 2026-05
B. Final Parcel Map No. 2025-110
C. Subdivision Improvement Agreement
RESOLUTION NO. 2026-05

Page 1 of 2 ends

Stanton City CouncilMarch 24, 2026

Stanton City Council
March 24, 2026