Yorba Linda City Council
October 20, 2026

CITY COUNCIL/SUCCESSOR AGENCY TO THE YORBA LINDA REDEVELOPMENT AGENCY,

YORBA LINDA HOUSING AUTHORITY AND YORBA LINDA MUNICIPAL FINANCING AUTHORITY

JOINT MEETING
AGENDA

Tuesday, October 20, 2026, 6:30 p.m.

Council Chambers
4845 Casa Loma Avenue
This meeting is being broadcast live for airing on cable channel 3, channel 99 AT&T U-Verse and the city's website. By remaining in the room, you are giving your permission to be televised.

Remote Public Comments
Community members who wish to address the City Council telephonically during a public meeting may electronically submit a “Remote Public Comment Request” by visiting the City's website.

Submitting this form prior to the meeting will allow the City Clerk to properly identify who would like to speak under Public Comments or during a specific item on the Agenda. To join Zoom meeting online using a personal computer or smart device:
https://yorbalinda.zoom.us/j/83326298627
or telephone: 1-669-900-6833
Webinar ID: 833 2629 8627
Please note, the City is not responsible for the public’s use of Zoom as it relates to the software, configuration, and settings on a personal device. The public is encouraged to visit the Zoom website for information on successful use of this software.

Pages

CALL TO ORDER
The City Council/Successor Agency to the Yorba Linda Redevelopment Agency will convene at 6:00 p.m. in the Council Chambers at 4845 Casa Loma Avenue.

ROLL CALL

ANNOUNCEMENT OF CLOSED SESSION ITEMS

CITY COUNCIL/SUCCESSOR AGENCY TO THE YORBA LINDA

REDEVELOPMENT AGENCY
A. CONFERENCE WITH LABOR NEGOTIATORS
Government Code Section 54957.6
Agency Designated Representatives: City Manager Grant
Employee Organizations: Yorba Linda Mid-Management Association

PUBLIC COMMENT ON CLOSED SESSION ITEMS

CONVENE INTO CLOSED SESSION
RECESS

CALL TO ORDER
The City Council/Successor Agency to the Yorba Linda Redevelopment Agency, Yorba Linda Housing Authority and Yorba Linda Municipal Financing Authority will reconvene at 6:30 p.m. in the Council Chambers at 4845 Casa Loma Avenue, Yorba Linda.

ROLL CALL

PLEDGE OF ALLEGIANCE
OCFA CADET POST 2

INVOCATION

PASTOR JOSHUA HOLIDAY, CALVARY CHAPEL OF YORBA LINDA

CLOSED SESSION REPORT

INTRODUCTIONS & PRESENTATIONS
RECOGNITION OF EAST HILLS YORBA LINDA LITTLE LEAGUE 10U ALL STARS

RECOGNITION OF JOSEPH LEE, CONGRESSIONAL PROJECT

RECOGNITION OF BOOTS ON MAIN

RECOGNITION OF FRIENDS OF THE LIBRARY WEEK
UPDATE ON CITY PREPARATION AHEAD OF EL NIÑO
PUBLIC COMMENTS – ITEMS ON THE CONSENT CALENDAR OR ITEMS NOT

ON THE REMAINDER OF THE AGENDA
There is a five (5) minute maximum time limit for each individual addressing the legislative body during Public Comments and on all other items listed on the Agenda.

Whenever a group of persons wishes to address the City Council on the same subject matter, it shall be proper for the presiding officer to request that a spokesman be chosen by the group so as to avoid unnecessary repetitions before the City Council.

CONSENT CALENDAR
All matters listed under "CONSENT CALENDAR" are considered by the City Council/ Successor Agency to the Yorba Linda Redevelopment Agency, Yorba Linda Housing Authority and Yorba Linda Municipal Financing Authority to be routine and will be enacted by one motion approving the recommendation listed on the Agenda. There will be no separate discussion unless Members of the Council/Successor Agency, Yorba Linda Housing Authority and Yorba Linda Municipal Financing Authority or Staff request specific items to be removed from the Consent Calendar.

Recommendation:

Approve the Consent Calendar.

1. WAIVE READING IN FULL OF ALL ORDINANCES AND RESOLUTIONS ON

THE AGENDA
Recommendation:

Waive reading in full of all ordinances and resolutions on the agenda and declare that said titles which appear on the public agenda shall be determined to have been read by title and further reading waived.

2. ACCOUNTS PAYABLE CHECK REGISTER – OCTOBER 20, 2026 6 Recommendation:

Receive and file the accounts payable check register and wire transfer report dated October 20, 2026, in the amount of $1,934,982.19.

3. APPROVE THE MINUTES OF THE OCTOBER 6, 2026 CITY COUNCIL /

SUCCESSOR AGENCY TO THE YORBA LINDA REDEVELOPMENT AGENCY

MEETING
54 Recommendation:

Approve the minutes of the October 6, 2026 City Council/Successor Agency to the Yorba Linda Redevelopment Agency joint meeting.

4. RECEIVE AND FILE THE TREASURER’S REPORT – JULY 2026 63 Recommendation:

Receive and file the attached monthly Treasurer’s Report.

5. APPROVE THE SUBDIVISION IMPROVEMENT AGREEMENT AND
ACCEPT SECURITIES FOR TENTATIVE TRACT MAP 19389
98 Recommendation:

1.) Approve the Subdivision Improvement Agreement with Beazer Home Holdings, LLC. for Tentative Tract Map 19389; and 2.) Accept the securities from Berkley Insurance Company for the grading bond, public improvement bond and monumentation bond.

6. APPROVE CONTINUING APPROPRIATIONS AND TRANSFERS FROM FY 2025-26 TO FY 2026-27
149
Recommendation:

1.) Appropriate $4,356,632 in FY 2026-27 for the carryover of encumbrances on June 30, 2026, as detailed in Attachment 1; 2.) Authorize a budget amendment to increase the Valley View Golf Cart Crossing project by $16,000; and 3.) Authorize capital project transfers totaling $8,412,073, as detailed in Attachment 2 to support carryover appropriations.

7. RECEIVE AN UPDATE ON THE STRATEGIC PLAN SIX-MONTH

OBJECTIVES
154
Recommendation:

Receive an update on the Strategic Plan six-month objectives.

8. CITY COUNCIL COMMITTEE AND AGENCY REPORTS 162
Recommendation:

Receive and file this report.

CITY MANAGER’S REPORT/MAYOR’S REPORT/MATTERS PRESENTED BY

COUNCILMEMBERS/ OTHER AGENCY REPORTS

CLOSED SESSION IF REQUIRED

ADJOURNMENT
The next regularly scheduled City Council/Successor Agency to the Yorba Linda Redevelopment Agency joint meeting is November 3, 3026.

NOTE: ALL STAFF REPORTS AND RELATED ATTACHMENTS FOR ITEMS ON THIS AGENDA ARE ON FILE IN THE CITY CLERK’S OFFICE. AS AN ADDITIONAL SERVICE, THE CITY NOW PROVIDES THE STAFF REPORTS AND RELATED ATTACHMENTS ON THE CITY’S WEBSITE. PLEASE NOTE THAT IT IS NOT ALWAYS POSSIBLE TO EMBED ALL ATTACHMENTS AND MAPS. THUS, IF YOU REQUIRE A FULL AND COMPLETE COPY OF THE AGENDA PACKET, YOU SHOULD NOT RELY UPON THE WEBSITE MATERIALS ALONE.

IN COMPLIANCE WITH THE AMERICAN DISABILITIES ACT (ADA), THE CITY WILL MAKE EVERY REASONABLE ATTEMPT TO ACCOMMODATE ANY ATTENDEE OR PARTICIPANT AT THIS MEETING NEEDING SPECIAL ASSISTANCE BEYOND WHAT IS NORMALLY PROVIDED. PLEASE CONTACT THE CITY CLERK’S OFFICE AT (714) 961-7150 AT LEAST 48 HOURS PRIOR TO THIS MEETING TO INFORM US OF YOUR PARTICULAR NEEDS AND TO DETERMINE IF ACCOMMODATION IS FEASIBLE. PLEASE ADVISE US AT THE TIME YOU CALL IF SPECIAL ASSISTANCE IS REQUIRED TO ATTEND OR PARTICIPATE IN MEETINGS ON A REGULAR BASIS.

FINANCE DEPARTMENT
DATE: OCTOBER 20, 2026
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: DONNA MULLALLY, FINANCE DIRECTOR / CITY TREASURER PREPARED BY: ALEXANDRA KARAPETIAN, ACCOUNTANT
SUBJECT: ACCOUNTS PAYABLE CHECK REGISTER – OCTOBER 20, 2026

RECOMMENDATION
Receive and file the accounts payable check register and wire transfer report dated October 20, 2026, in the amount of $1,934,982.19.

SUMMARY
The Municipal Code states that the accounts payable check register shall be presented to the City Council at the next regularly scheduled meeting following the printing and mailing of checks.

BACKGROUND
This check register includes both City and Successor Agency weekly check runs for the weeks since the last City Council meeting. Additionally, a report of any wires sent by the City is included as an attachment to this report on an as-needed basis.

FISCAL IMPACT
There is no direct fiscal impact associated with this report. Sufficient funds are available in the approved budget to cover all listed checks and wires.

1 CITY COUNCIL/SUCCESSOR AGENCY TO THE YORBA LINDA REDEVELOPMENT

AGENCY, YORBA LINDA HOUSING AUTHORITY AND YORBA LINDA MUNICIPAL

FINANCING AUTHORITY JOINT MEETING

MINUTES
October 6, 2026, 6:30 p.m.

Council Chambers
4845 Casa Loma Avenue
Councilmembers

Present:

Campbell, Huang, Lim, Singh, Rodriguez
Staff Present: Brown, Farnsworth, Garcia, Grant, Kudron, Lai, Lixey, Litfin, Mullally, Wigginton
_____________________________________________________________________

CALL TO ORDER
The City Council/Successor Agency to the Yorba Linda Redevelopment Agency convened at 5:33 p.m. in the Council Chambers at 4845 Casa Loma Avenue.

ROLL CALL
Councilman Shivinder Singh arrived at 5:40 p.m.

ANNOUNCEMENT OF CLOSED SESSION ITEMS

CITY COUNCIL/SUCCESSOR AGENCY TO THE YORBA LINDA REDEVELOPMENT AGENCY
A. CONFERENCE WITH LEGAL COUNSEL – ANTICIPATED LITIGATION,

SIGNIFICANT EXPOSURE TO LITIGATION
Government Code Section 54956.9(d)(2) (2 Cases)

2 B. CONFERENCE WITH REAL PROPERTY NEGOTIATOR
Government Code Section 54956.8
Property: APNs: 352-112-03, 352-112-04, 352-113-01, 352-113-02, 352-117-01, 02, 03 City Negotiators: City Manager Grant
Property Negotiators: Parties To Be Determined
Under Negotiation: Price and Terms of Payment

PUBLIC COMMENT ON CLOSED SESSION ITEMS
None.

CONVENE INTO CLOSED SESSION
The City Council convened into Closed Session at 5:34 p.m.

RECESS

3 CALL TO ORDER
The City Council/Successor Agency to the Yorba Linda Redevelopment Agency, Yorba Linda Housing Authority and Yorba Linda Municipal Financing Authority reconvened at 6:37 p.m. in the Council Chambers at 4845 Casa Loma Avenue, Yorba Linda.

ROLL CALL

PLEDGE OF ALLEGIANCE
City Attorney Todd Litfin

INVOCATION
Reverend Lynn Stone, Yorba Linda Presbyterian Church

CLOSED SESSION REPORT
City Attorney Litfin said there was no reportable action on the items discussed in Closed Session.

INTRODUCTIONS & PRESENTATIONS

RECOGNITION OF FIRST ROBOTICS CLUBS
Mayor Carlos Rodriguez invited the REACH Foundation’s FIRST Robotics teams, CtrlAlt+Elite and F.I.R.E. S.H.A.R.K.S., and recognized them for representing Yorba Linda, Placentia-Yorba Linda Unified School District, and REACH at World Invitationals across North America. Ctrl-Alt+Elite earned 1st Place in Robot Design at the World Invitational in Houston, and F.I.R.E. S.H.A.R.K.S. earned 3rd Place for the Pit Award at the Canada Cup in Niagara. Several students and their coach shared remarks on their experiences, followed by the presentation of certificates of recognition. The teams also received certificates from the offices of Congresswoman Young Kim, Senators Steven Choi and Kelly Seyarto, Assemblyman Phillip Chen, and Supervisor Don Wagner’s representative Pat Buttress.

RECOGNITION OF RICHARD NICHOLS IN SUPPORT OF RICHARD NIXON FOUNDATION'S 25TH ANNIVERSARY OF PATRIOTS DAY COMMEMORATION Mayor Rodriguez recognized Richard Nichols for his outstanding support of the Richard Nixon Foundation and the 25th Anniversary Patriots Day Commemoration. Certificates of recognition from the offices of Congresswoman Kim, Senators Choi and Seyarto, Assemblyman Chen, and Supervisor Wagner's representative, Ms. Buttress, were also presented to Mr. Nichols, who was also invited to share a few remarks.

4 RECOGNITION OF DEPUTY OF THE YEAR
Mayor Rodriguez and Council recognized Deputy Sheriff Michael Kobel as the Orange County Sheriff’s Department Deputy of the Year. Chief of Police Services Captain De Anne Wigginton provided remarks about his notable achievements and career with OCSD. She shared that he has served with the OCSD for more than 17 years, including the past six years serving the Yorba Linda community. Deputy Kobel also received certificates from the offices of Congresswoman Kim, Senators Choi and Seyarto, Assemblyman Chen, and Ms. Buttress from the office of Supervisor Wagner.

PROCLAMATION DECLARING FIRE PREVENTION WEEK
Mayor Rodriguez presented Orange County Fire Authority Battalion Chief Mike Morganstern with a proclamation declaring October 4–10 as Fire Prevention Week. Chief Morganstern shared lithium-ion battery safety tips, including how to buy, charge, and dispose of them safely, and reminded residents to prepare for fires and emergencies.

RECOGNITION OF MARCIA BROWN RETIREMENT
Mayor Rodriguez recognized City Clerk Marcia Brown upon her retirement after nearly 18 years of dedicated service to the City. The commendation highlighted her professionalism and commitment, including her participation in more than 375 City Council meetings, administration of elections, and supporting the City Council and community. Members of the City Council and City Manager Peter Grant praised her character, and professionalism and wished her continued happiness and success in her next chapter. City Clerk Brown received the City's commendation, along with certificates of recognition from the offices of Congresswoman Kim, Senators Choi and Seyarto, Assemblyman Chen, and Ms.

Buttress from the office of Supervisor Wagner.

PUBLIC COMMENTS – ITEMS ON THE CONSENT CALENDAR OR ITEMS NOT ON

THE REMAINDER OF THE AGENDA
Trudi DesRoches, Yorba Linda Water District Director, thanked everyone who attended their Open House last Saturday and spoke about the tours and workshops they offered.

Director DesRoches provided updates on District projects, including their Santiago Booster Pump Station, Valley View Ave Waterline Improvements, Well 23, and the Green Crest Lift Station Rehabilitation.

Tom Costanzo, resident, expressed concerns with issues affecting the east end of the City. Specifically regarding the LMAD increased assessment and street striping.

Samuel Lee, resident, proposed that the City post recreational and sports field reservations on its website when facilities are reserved by organized groups or sports teams.

5 Richard de Brujin, resident, spoke about City pensions, AB 569 regarding Public Employee's Pension Reform Act (PEPRA), and AB 1383.

Peter Meng, resident, provided comments via teleconference and expressed concerns regarding overgrown pines and pepper trees on the Chicago Avenue slope.

CONSENT CALENDAR
Moved by Campbell
Seconded by Singh
Approve the Consent Calendar.

AYES (5): Campbell, Huang, Lim, Singh, and Rodriguez
CARRIED (5 to 0)

1. WAIVE READING IN FULL OF ALL ORDINANCES AND RESOLUTIONS ON THE AGENDA
Waive reading in full of all ordinances and resolutions on the agenda and declare that said titles which appear on the public agenda shall be determined to have been read by title and further reading waived.

2. ACCOUNTS PAYABLE CHECK REGISTER – OCTOBER 6, 2026
Receive and file the accounts payable check register and wire transfer report dated October 6, 2026, in the amount of $3,141,057.16.

3. APPROVE THE MINUTES OF THE SEPTEMBER 15, 2026 CITY COUNCIL /

SUCCESSOR AGENCY TO THE YORBA LINDA REDEVELOPMENT AGENCY

MEETING
Approve the minutes of the September 15, 2026 City Council/Successor Agency to the Yorba Linda Redevelopment Agency joint meeting.

4. APPROVE AGREEMENTS WITH WRIGHT CONSTRUCTION ENGINEERING CORP. AND NV5 FOR THE YORBA LINDA BLVD AT MOUNTAIN VIEW AVE STORM

DRAIN REPLACEMENT PROJECT

1.) Approve the plans and specifications for the Yorba Linda Boulevard at Mountain View Avenue Storm Drain Replacement Project; 2.) Approve a construction agreement with Wright Construction Engineering Corp. for $546,222, plus a 15% contingency of $81,933;

3.) Approve a professional services agreement with NV5, Inc. for construction management, inspection, and materials testing services for $94,857, plus a 15% contingency of $14,229; 4.) Appropriate $487,500 in the Capital Projects Fund for the

6 Storm Drain Replacement Project; 5.) Transfer $737,500 from the Master Plan of Drainage Fund to the Capital Projects Fund; and 6.) Approve an intrafund loan agreement within the Master Plan of Drainage Fund from Watersheds 4, 5, and 6 to Watershed 1.

5. APPROVE AN AGREEMENT WITH ADVANTAGE MAILING LLC FOR PARKS AND

RECREATION ACTIVITY GUIDE PRINTING SERVICES
Approve a two-year agreement with Advantage Mailing LLC for printing services for the Parks and Recreation activity guide for $177,672.

6. APPROVE DEMOLITION PERMIT FOR 18101, 18141, 18203, AND 18231

BASTANCHURY ROAD
Approve a demolition permit for 18101, 18141, 18203, and 18231 Bastanchury Road.

7. APPROVE DEMOLITION PERMIT FOR 4742 PLUMOSA DRIVE
Approve the demolition permit for 4742 Plumosa Drive.

8. CITY COUNCIL COMMITTEE AND AGENCY REPORTS
Receive and file this report.

PUBLIC HEARING

9. ADOPT RESOLUTION NO. 2026-6008 TO ACQUIRE PROPERTY AT 22401 OLD

CANAL ROAD FOR THE SAVI RANCH PARKWAY IMPROVEMENT PROJECT City Attorney Litfin stated for the record that when the City initially posted the agenda and resolution, the legal descriptions (Exhibits 1–4) were not attached. He noted that the exhibits have since been attached and are now part of the official record and Resolution of Necessity. The exhibits are available at the dais and on the City’s website. a. Open Public Hearing - Mayor Rodriguez opened the public hearing. b. Staff Report
Public Works Director/City Engineer Jamie Lai provided a PowerPoint presentation on the Savi Ranch Parkway Widening Project, including an overview of the project, the Sprouts parcel, the status of 22401 Old Canal Road, and the Resolution of Necessity.

She explained that the project will add lanes and turn pockets to improve circulation in the Savi Ranch area, along with a multi-use path for bicyclists and pedestrians. She noted that the project relies on millions of dollars in federal funding and is subject to a strict schedule. Director Lai discussed the need to acquire the Sprouts parcel, which is owned by Yorbook, LLC, and reviewed the City’s offers and communications with the property owner, including discussions regarding easement limits. She concluded with the

7 recommendation and emphasized that the City will continue working and negotiating with the property owner throughout the remaining acquisition process. c. Take Testimony
Glenn Block of California Eminent Domain Law Group, representing Yorbook, LLC, stated that the property owner does not substantively object to the project and understands the City’s desire to improve the area. He said the concerns relate to the legal and procedural requirements for exercising eminent domain. Block referenced a letter submitted on October 2, 2026, raising concerns regarding the legal description, the City’s appraisal, and the timing of the Resolution of Necessity. He requested that the item be deferred for at least 30 days to allow for substantive negotiations.

City Attorney Litfin stated that the City has complied with applicable condemnation procedures and that the legal description included in the Resolution of Necessity is accurate. He noted that any differences regarding valuation would be addressed through the negotiation and, if necessary, litigation process and are not at issue with respect to the Resolution of Necessity. He further stated that the City has satisfied the legal requirements regarding offers and negotiations with the property owner. d. Close Public Hearing - Mayor Rodriguez closed the public hearing. e. Make Determination
Mayor Pro Tem Huang requested clarification regarding the project timeline and funding following comments that there was no urgency. Director Lai explained that $2.4 million in funding is currently at stake and the property would need to be acquired by May. Staff and the City Attorney discussed various funding sources, applicable deadlines, and the importance of maintaining the project schedule. Mayor Pro Tem Huang encouraged staff to continue working with the property owner as the City moves forward. City Attorney Litfin emphasized the federal funding deadline and recommended proceeding due to the $2.4 million at risk. Mayor Rodriguez expressed support for continued discussions with the property owner.

Moved by Huang
Seconded by Lim
Adopt Resolution No. 2026-6008 determining that the public interest and necessity require the City to acquire property interests at 22401 Old Canal Road, and authorizing condemnation of those interests for the Savi Ranch Parkway Improvement Project.

AYES (5): Campbell, Huang, Lim, Singh, and Rodriguez
CARRIED (5 to 0)

8 CITY MANAGER’S REPORT/MAYOR’S REPORT/MATTERS PRESENTED BY

COUNCILMEMBERS/ OTHER AGENCY REPORTS
City Manager Peter Grant responded to Mr. Lee and expressed appreciation for his creative suggestion. In response to Mr. Costanzo, City Manager Grant clarified that Proposition 218 assessment votes are cast by property owners within the applicable zone and that the City does not vote. City Attorney Litfin confirmed that the assessed amounts were approved by property owners within the respective zone. City Manager Grant thanked the library and facilities teams for addressing a recent one-day library closure for maintenance. He also highlighted the Remarkably Bright Creatures author event and expressed his anticipation for the upcoming State of the City Address.

Councilwoman Janice Lim reported on her participation in an Association of California Cities–Orange County trip to Washington, D.C., including advocacy efforts and funding opportunities. She also highlighted the Senior Wellness Expo and commended Parks & Recreation staff.

Mayor Pro Tem Peggy Huang discussed the SCAG report regarding the RHNA cycle included in Consent Calendar Item No. 8. She also encouraged residents to take precautions against West Nile virus by using repellent and eliminating standing water.

Mayor Rodriguez addressed comments regarding LMAD assessments, noting the importance of landscape maintenance for fire mitigation, and referenced the Council’s resolution urging the Governor to declare a state of emergency regarding the homeowners insurance crisis. He expressed optimism regarding the upcoming RHNA cycle and the City’s ability to develop a plan that reflects community needs. Mayor Rodriguez also thanked public safety, utilities staff, and participants in the Wildfire Preparedness meeting. Mayor Rodriguez announced the October 7 Community Safety and Crime Prevention Meeting at the Community Center and the October 14, 2026 State of the City Address at the Richard Nixon Presidential Library and Museum, themed “Preserving Excellence and Preparing for the Future.” He noted that the State of the City would be available for online and Channel 3 viewing at 7:30 p.m. He also announced the Yorba Linda Spotlight Players’ production of The Addams Family, running October 9–25 at the Virginia De Land Theater.

OTHER BUSINESS

10. BLACK GOLD GOLF COURSE FLAGPOLE (RODRIGUEZ)
Mayor Rodriguez stated that Item No. 10 was brought at his request to consider the installation of a flagpole at Black Gold Golf Course and the associated costs. City Manager Peter Grant indicated that staff could return with a report in November with a budget and schedule for discussion. Mayor Pro Tem Huang requested that the design include a City flag. Councilwoman Tara Campbell encouraged staff to explore potential

9 funding contributions from community organizations, noting concerns with using General Fund dollars and the possibility that organizations may be willing to assist with funding.

Moved by Singh
Seconded by Huang
Direct staff to return with a report addressing the proposed flagpole, costs and funding sources.

AYES (5): Campbell, Huang, Lim, Singh, and Rodriguez
CARRIED (5 to 0)

ADJOURNMENT
Mayor Rodriguez adjourned the meeting at 8:50 p.m. to the next regularly scheduled City Council/Successor Agency to the Yorba Linda Redevelopment Agency joint meeting on October 20, 2026.
_________________________
City Clerk

FINANCE DEPARTMENT
DATE: OCTOBER 20, 2026
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: DONNA MULLALLY, FINANCE DIRECTOR
PREPARED BY: SOPHIA LEUNG, FINANCIAL SERVICES MANAGER
SUBJECT: RECEIVE AND FILE THE TREASURER’S REPORT – JULY 2026

RECOMMENDATION
Receive and file the attached monthly Treasurer’s Report.

SUMMARY
Sound investment practices are essential to the City’s fiscal management. The Finance Department is responsible for managing the City’s investment portfolio, focusing first on the safety of investments and then on liquidity and an appropriate rate of return. State law requires the City Treasurer to submit a monthly report to the City Council reflecting the receipts, disbursements, and fund balances for each City fund. The attached report reflects the summarized inflow and outflow of cash for July 2026.

FISCAL IMPACT
There is no direct fiscal impact associated with this report. Investment earnings are distributed to the City’s various funds in proportion to the amount of cash attributable to each Fund.

ATTACHMENTS

1. Treasurer’s Report – July 2026

CITY OF YORBA LINDA

ACCOUNT STATEMENT
For the Month Ending
July 31, 2026
Customer Service
PO Box 11813
Harrisburg, PA 17108-1813
Contents
Cover/Disclosures
Summary Statement
Individual Accounts

CITY OF YORBA LINDA
MS. SOPHIA LEUNG
4845 CASE LOMA AVENUE
YORBA LINDA, CA 92885
Client Management Team
Accounts included in Statement
97480000 CITY OF YORBA LINDA
Online Access https://www.pfmam.com Customer Service 1-717-232-2723 Robert Montoya
Institutional Sales & Relationship Manager
633 W 5th Street, Suite/Floor 2560
Los Angeles, CA 90071
262-725-1090
[email protected]
Giancarlo Morales-Belletti
Portfolio Manager
213 Market Street
Harrisburg, PA 17101-2141
(717)-232-2723
[email protected]
Rachael Miller
Client Consultant
213 Market Street
Harrisburg, PA 17101-2141
717-232-2723
[email protected]

For the Month Ending July 31, 2026
Account Statement
Important Disclosures
Important Disclosures
365 and dividing the result by 7. The yields quoted should not be considered a representation of the yield of the fund in the future, since the yield is not fixed.

Average maturity represents the average maturity of all securities and investments of a portfolio, determined by multiplying the par or principal value of each security or investment by its maturity (days or years), summing the products, and dividing the sum by the total principal value of the portfolio. The stated maturity date of mortgage backed or callable securities are used in this statement. However the actual maturity of these securities could vary depending on the level or prepayments on the underlying mortgages or whether a callable security has or is still able to be called.

Monthly distribution yield represents the net change in the value of one share (normally $1.00 per share) resulting from all dividends declared during the month by a fund expressed as a percentage of the value of one share at the beginning of the month. This resulting net change is then annualized by multiplying it by 365 and dividing it by the number of calendar days in the month.

YTM at Cost The yield to maturity at cost is the expected rate of return, based on the original cost, the annual interest receipts, maturity value and the time period from purchase date to maturity, stated as a percentage, on an annualized basis.

YTM at Market The yield to maturity at market is the rate of return, based on the current market value, the annual interest receipts, maturity value and the time period remaining until maturity, stated as a percentage, on an annualized basis.

Managed Account A portfolio of investments managed discretely by PFMAM according to the client’s specific investment policy and requirements. The investments are directly owned by the client and held by the client’s custodian.

Unsettled Trade A trade which has been executed however the final consummation of the security transaction and payment has not yet taken place.

Please review the detail pages of this statement carefully. If you think your statement is wrong, missing account information, or if you need more information about a transaction, please contact PFMAM within 60 days of receipt. If you have other concerns or questions regarding your account, or to request an updated copy of PFMAM's current disclosure statement, please contact a member of your client management team at PFMAM Service Operations at the address below.

PFM Asset Management
Attn: Service Operations
213 Market Street
Harrisburg, PA 17101

NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE
This statement is for general information purposes only and is not intended to provide specific advice or recommendations. PFM Asset Management ("PFMAM") is a division of U.S. Bancorp Asset Management, Inc. ("USBAM"), a SEC-registered investment adviser. USBAM is direct subsidiary of U.S. Bank National Association ("U.S. Bank") and an indirect subsidiary of U.S. Bancorp. U.S. Bank is not responsible for and does not guarantee the products, services or performance of PFMAM. PFMAM maintains a written disclosure statement of our background and business experience. If you would like to receive a copy of our current disclosure statement, please contact Service Operations at the address below.

Proxy Voting PFMAM does not normally receive proxies to vote on behalf of its clients.

However, it does on occasion receive consent requests. In the event a consent request is received the portfolio manager contacts the client and then proceeds according to their instructions. PFMAM’s Proxy Voting Policy is available upon request by contacting Service Operations at the address below.

Questions About an Account PFMAM’s monthly statement is intended to detail our investment advisory activity as well as the activity of any accounts held by clients in pools that are managed by PFMAM. The custodian bank maintains the control of assets and executes (i.e., settles) all investment transactions. The custodian statement is the official record of security and cash holdings and transactions. PFMAM recognizes that clients may use these reports to facilitate record keeping and that the custodian bank statement and the PFMAM statement should be reconciled and differences resolved.

Many custodians use a settlement date basis which may result in the need to reconcile due to a timing difference. If you do not receive a report from the custodian on at least a quarterly basis, please notify your relationship manager at your custodian and PFMAM.

Account Control PFMAM does not have the authority to withdraw funds from or deposit funds to the custodian outside the scope of services provided by PFMAM. Our clients retain responsibility for their internal accounting policies; implementing and enforcing internal controls and generating ledger entries or otherwise recording transactions.

Market Value Generally, PFMAM’s market prices are derived from closing bid prices as of the last business day of the month as supplied by ICE Data Services. There may be differences in the values shown for investments due to accrued but uncollected income and the use of differing valuation sources and methods. Non-negotiable FDIC-insured bank certificates of deposit are priced at par. Although PFMAM believes the prices to be reliable, the values of the securities may not represent the prices at which the securities could have been bought or sold. Explanation of the valuation methods for a registered investment company or local government investment program is contained in the appropriate fund offering documentation or information statement.

Amortized Cost The original cost of the principal of the security is adjusted for the amount of the periodic reduction of any discount or premium from the purchase date until the date of the report. Discount or premium with respect to short term securities (those with less than one year to maturity at time of issuance) is amortized on a straightline basis. Such discount or premium with respect to longer term securities is amortized using the constant yield basis.

Tax Reporting Cost data and realized gains / losses are provided for informational purposes only. Please review for accuracy and consult your tax advisor to determine the tax consequences of your security transactions. PFMAM does not report such information to the IRS or other taxing authorities and is not responsible for the accuracy of such information that may be required to be reported to federal, state or other taxing authorities.

Financial Situation In order to better serve you, PFMAM should be promptly notified of any material change in your investment objective or financial situation.

Callable Securities Securities subject to redemption prior to maturity may be redeemed in whole or in part before maturity, which could affect the yield represented.

Portfolio The securities in this portfolio, including shares of mutual funds, are not guaranteed or otherwise protected by PFMAM, the FDIC (except for certain non-negotiable certificates of deposit) or any government agency. Investment in securities involves risks, including the possible loss of the amount invested. Actual settlement values, accrued interest, and amortized cost amounts may vary for securities subject to an adjustable interest rate or subject to principal paydowns. Any changes to the values shown may be reflected within the next monthly statement’s beginning values.

Rating Information provided for ratings is based upon a good faith inquiry of selected sources, but its accuracy and completeness cannot be guaranteed.

Shares of some local government investment programs and TERM funds are distributed by representatives of USBAM's affiliate, U.S. Bancorp Investments, Inc. which is registered with the SEC as a broker/dealer and is a member of the Financial Industry Regulatory Authority (“FINRA”) and the Municipal Securities Rulemaking Board (“MSRB”). You may reach the FINRA by calling the FINRA Hotline at 1-800-289-9999 or at the FINRA website address
https://www.finra.org/investors/investor-contacts. A brochure describing the FINRA Regulation Public Disclosure Program is also available from FINRA upon request.

Key Terms and Definitions
Dividends on local government investment program funds consist of interest earned, plus any discount ratably amortized to the date of maturity, plus all realized gains and losses on the sale of securities prior to maturity, less ratable amortization of any premium and all accrued expenses to the fund. Dividends are accrued daily and may be paid either monthly or quarterly. The monthly earnings on this statement represent the estimated dividend accrued for the month for any program that distributes earnings on a quarterly basis. There is no guarantee that the estimated amount will be paid on the actual distribution date.

Current Yield is the net change, exclusive of capital changes and income other than investment income, in the value of a hypothetical fund account with a balance of one share over the seven-day base period including the statement date, expressed as a percentage of the value of one share (normally $1.00 per share) at the beginning of the seven-day period. This resulting net change in account value is then annualized by multiplying it by

Managed Account Summary Statement For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Total Cash Basis Earnings
Plus Net Realized Gains/Losses
Less Purchased Interest Related to Interest/Coupons
Interest/Dividends/Coupons Received
Earnings Reconciliation (Cash Basis) - Managed Account
Less Beginning Accrued Interest
Less Beginning Amortized Value of Securities
Less Cost of New Purchases
Plus Coupons/Dividends Received
Plus Proceeds of Maturities/Calls/Principal Payments
Plus Proceeds from Sales
Ending Accrued Interest
Ending Amortized Value of Securities
Earnings Reconciliation (Accrual Basis)
$53,601,932.36
(389,095.97)
(1,574,789.65)
1,866,367.10

0.00 (202,409.81)
$53,302,004.03
139,583.25
(1,542.42)
18,808.09
$156,848.92
Total
53,822,372.22
452,525.24
1,586,406.42
389,095.97
127,966.48
(1,867,909.52)
(53,922,401.39)
(420,321.74)
Total Accrual Basis Earnings $167,733.68
Closing Market Value
Change in Current Value
Unsettled Trades
Principal Acquisitions
Principal Dispositions
Maturities/Calls
Opening Market Value
Transaction Summary - Managed Account
_________________
_________________
_______________________________________________ _______________________________________________ Reconciling Transactions Net Cash Contribution
Security Purchases
Principal Payments
Coupon/Interest/Dividend Income
Sale Proceeds
Maturities/Calls
Cash Transactions Summary - Managed Account
240,000.00
1,586,406.42
127,966.48
149,095.97
(1,867,909.52)
(465.39)

0.00 Cash Balance
Closing Cash Balance $284,559.19
PFM Asset Management, a division of Account 97480000 Page 1 U.S. Bancorp Asset Management, Inc.

Portfolio Summary and Statistics For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Account Summary
Description Par Value Market Value Percent
U.S. Treasury Bond / Note 27,930,000.00 27,442,589.21 51.48 Supra-National Agency Bond / Note 235,000.00 235,320.07 0.44 Municipal Bond / Note 370,000.00 367,304.92 0.69
Federal Agency Commercial
Mortgage-Backed Security
11,449,815.50 11,189,718.92 20.99
Corporate Note 12,920,000.00 12,768,563.38 23.96
Bank Note 1,315,000.00 1,298,507.53 2.44
Managed Account Sub-Total 54,219,815.50 53,302,004.03 100.00% Accrued Interest 452,525.24
Total Portfolio 54,219,815.50 53,754,529.27
Unsettled Trades 0.00 0.00
Sector Allocation

2.44%
Bank Note

23.96%
Corporate Note

20.99%
Federal Agency
Commercial
Mortgage-Backed
Security

0.69%
Muni Bond / Note

0.44%
Supra-National
Agency Bond / Note

51.48%
US TSY Bond / Note
0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years

0.64% 1.58%

26.07%

29.93%

21.65%

20.13%

0.00%
Maturity Distribution Characteristics
Yield to Maturity at Cost
Yield to Maturity at Market
Weighted Average Days to Maturity 1028

4.14%

4.47%
PFM Asset Management, a division of Account 97480000 Page 2 U.S. Bancorp Asset Management, Inc.

Managed Account Issuer Summary For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Credit Quality (S&P Ratings)

6.28%
A

9.04%
A+

4.57%
A2.14%
AA

74.14%
AA+

3.17%
AA0.44%
AAA

0.22%
NR
Issuer Summary
Issuer of Holdings Percent
Market Value
Abbott Laboratories 420,170.20 0.79
Accenture PLC 642,167.16 1.20
Adobe Inc 436,701.23 0.82
Alphabet Inc 752,040.55 1.41
Amazon.com Inc 782,028.78 1.47
American Express Co 421,876.34 0.79
Analog Devices Inc 381,107.65 0.71
AstraZeneca PLC 145,922.35 0.27
Bank of America Corp 373,662.00 0.70
Bank of New York Mellon Corp 677,760.60 1.27
BlackRock Inc 174,643.25 0.33
California State University 110,134.64 0.21
Caterpillar Inc 211,969.58 0.40
Cisco Systems Inc 251,611.50 0.47
Citigroup Inc 250,374.25 0.47
Deere & Co 173,839.05 0.33
Federal Home Loan Mortgage Corp 9,949,807.61 18.67
Federal National Mortgage Association 1,239,911.31 2.33 Home Depot Inc 371,811.90 0.70
HSBC Holdings PLC 400,384.00 0.75
International Finance Corp 235,320.07 0.44
JPMorgan Chase & Co 416,923.56 0.78
Kenvue Inc 276,890.07 0.52
KLA Corp 389,058.81 0.73
Lockheed Martin Corp 249,191.75 0.47
Los Angeles Unified School District/CA 119,896.92 0.22
Mastercard Inc 529,286.74 0.99
Morgan Stanley 812,809.11 1.52
National Rural Utilities Cooperative Fi 105,306.81 0.20 Novartis AG 508,703.20 0.95
NVIDIA Corp 357,220.03 0.67
PNC Financial Services Group Inc 208,002.90 0.39
PFM Asset Management, a division of Account 97480000 Page 3 U.S. Bancorp Asset Management, Inc.

Managed Account Issuer Summary For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Issuer of Holdings Percent
Market Value
Salesforce Inc 801,429.83 1.50
ServiceNow Inc 313,313.49 0.59
Shell PLC 258,607.14 0.49
State of Hawaii 137,273.36 0.26
TotalEnergies SE 566,447.15 1.06
Toyota Motor Corp 384,659.73 0.72
Truist Financial Corp 522,150.70 0.98
UBS Group AG 498,999.50 0.94
United States Treasury 27,442,589.21 51.49
Total $53,302,004.03 100.00%
PFM Asset Management, a division of Account 97480000 Page 4 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY N/B
DTD 06/30/2022 3.250% 06/30/2027
91282CEW7 350,000.00 AA+ Aa1 08/03/22 08/03/22 355,455.08 2.91 989.13 351,013.70 347,243.05

US TREASURY N/B
DTD 08/01/2022 2.750% 07/31/2027
91282CFB2 500,000.00 AA+ Aa1 08/03/22 08/03/22 496,464.84 2.90 37.36 499,294.13 493,097.50

US TREASURY N/B
DTD 08/31/2020 0.500% 08/31/2027
91282CAH4 430,000.00 AA+ Aa1 07/01/24 07/02/24 378,920.70 4.58 899.73 411,712.27 413,488.86

US TREASURY N/B
DTD 08/31/2020 0.500% 08/31/2027
91282CAH4 480,000.00 AA+ Aa1 09/25/24 09/26/24 440,418.75 3.49 1,004.35 464,917.59 461,568.96

US TREASURY N/B
DTD 08/31/2020 0.500% 08/31/2027
91282CAH4 1,200,000.00 AA+ Aa1 08/01/24 08/02/24 1,078,078.13 4.04 2,510.87 1,155,467.97 1,153,922.40

US TREASURY N/B
DTD 09/30/2025 3.500% 09/30/2027
91282CPB1 285,000.00 AA+ Aa1 10/28/25 10/29/25 284,988.87 3.50 3,352.25 284,993.24 282,784.70

US TREASURY N/B
DTD 09/30/2020 0.375% 09/30/2027
91282CAL5 600,000.00 AA+ Aa1 10/28/24 10/29/24 539,507.81 4.07 756.15 575,051.21 574,359.60

US TREASURY N/B
DTD 10/31/2022 4.125% 10/31/2027
91282CFU0 100,000.00 AA+ Aa1 12/05/22 12/07/22 101,308.59 3.83 1,042.46 100,333.55 99,906.30

US TREASURY N/B
DTD 10/31/2022 4.125% 10/31/2027
91282CFU0 500,000.00 AA+ Aa1 01/03/23 01/06/23 503,222.66 3.98 5,212.30 500,835.44 499,531.50

US TREASURY N/B
DTD 11/15/2017 2.250% 11/15/2027
9128283F5 410,000.00 AA+ Aa1 12/03/24 12/05/24 388,843.36 4.13 1,955.30 400,439.66 399,974.27

US TREASURY N/B
DTD 11/30/2022 3.875% 11/30/2027
91282CFZ9 420,000.00 AA+ Aa1 12/05/22 12/07/22 421,525.78 3.79 2,756.97 420,407.66 418,080.60

US TREASURY N/B
DTD 01/31/2023 3.500% 01/31/2028
91282CGH8 450,000.00 AA+ Aa1 01/31/23 02/02/23 447,169.92 3.64 42.80 449,149.73 445,131.00

US TREASURY N/B
DTD 02/15/2018 2.750% 02/15/2028
9128283W8 1,800,000.00 AA+ Aa1 08/29/24 09/03/24 1,742,203.13 3.75 22,835.64 1,773,298.49 1,760,063.40

US TREASURY N/B
DTD 03/31/2023 3.625% 03/31/2028
91282CGT2 750,000.00 AA+ Aa1 05/02/23 05/03/23 754,335.94 3.50 9,136.78 751,469.48 742,383.00 PFM Asset Management, a division of Account 97480000 Page 5 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY N/B
DTD 05/01/2023 3.500% 04/30/2028
91282CHA2 385,000.00 AA+ Aa1 05/01/23 05/03/23 383,105.08 3.61 3,405.37 384,337.19 380,051.98

US TREASURY N/B
DTD 05/15/2018 2.875% 05/15/2028
9128284N7 175,000.00 AA+ Aa1 05/18/23 05/24/23 168,615.23 3.68 1,066.41 172,706.68 170,836.93

US TREASURY N/B
DTD 06/01/2021 1.250% 05/31/2028
91282CCE9 175,000.00 AA+ Aa1 01/22/26 01/23/26 165,648.44 3.64 370.56 167,653.91 165,798.85

US TREASURY N/B
DTD 06/01/2021 1.250% 05/31/2028
91282CCE9 200,000.00 AA+ Aa1 01/13/26 01/14/26 189,609.38 3.55 423.50 191,921.16 189,484.40

US TREASURY N/B
DTD 05/31/2023 3.625% 05/31/2028
91282CHE4 750,000.00 AA+ Aa1 06/01/23 06/02/23 747,480.47 3.70 4,605.53 749,076.40 741,533.25

US TREASURY N/B
DTD 08/02/2021 1.000% 07/31/2028
91282CCR0 75,000.00 AA+ Aa1 10/08/24 10/10/24 67,423.83 3.88 2.04 70,886.27 70,341.83

US TREASURY N/B
DTD 08/31/2023 4.375% 08/31/2028
91282CHX2 250,000.00 AA+ Aa1 09/12/23 09/14/23 249,433.59 4.43 4,577.11 249,762.25 250,439.50

US TREASURY N/B
DTD 08/31/2023 4.375% 08/31/2028
91282CHX2 1,300,000.00 AA+ Aa1 11/01/24 11/05/24 1,308,277.34 4.19 23,800.95 1,304,675.60 1,302,285.40

US TREASURY N/B
DTD 10/15/2025 3.500% 10/15/2028
91282CPC9 395,000.00 AA+ Aa1 12/02/25 12/03/25 394,598.83 3.54 4,079.51 394,688.59 388,365.19

US TREASURY N/B
DTD 11/17/2025 3.500% 11/15/2028
91282CPK1 530,000.00 AA+ Aa1 01/21/26 01/22/26 527,867.58 3.65 3,931.79 528,248.92 520,725.00

US TREASURY N/B
DTD 02/17/2026 3.500% 02/15/2029
91282CQA2 1,200,000.00 AA+ Aa1 03/02/26 03/05/26 1,202,015.63 3.44 19,375.69 1,201,747.44 1,176,422.40

US TREASURY N/B
DTD 03/16/2026 3.500% 03/15/2029
91282CQE4 805,000.00 AA+ Aa1 03/12/26 03/16/26 799,245.51 3.75 10,642.19 799,934.36 788,711.63

US TREASURY N/B
DTD 04/01/2024 4.125% 03/31/2029
91282CKG5 800,000.00 AA+ Aa1 03/26/26 03/31/26 802,656.25 4.01 11,090.16 802,373.95 796,000.00

US TREASURY N/B
DTD 05/31/2024 4.500% 05/31/2029
91282CKT7 360,000.00 AA+ Aa1 12/11/24 12/12/24 365,793.75 4.10 2,744.26 363,791.09 361,575.00 PFM Asset Management, a division of Account 97480000 Page 6 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY N/B
DTD 07/01/2024 4.250% 06/30/2029
91282CKX8 170,000.00 AA+ Aa1 07/18/25 07/21/25 172,171.48 3.90 628.26 171,635.76 169,581.63

US TREASURY N/B
DTD 07/01/2024 4.250% 06/30/2029
91282CKX8 390,000.00 AA+ Aa1 05/07/26 05/08/26 394,296.09 3.87 1,441.30 393,995.64 389,040.21

US TREASURY N/B
DTD 08/31/2022 3.125% 08/31/2029
91282CFJ5 1,500,000.00 AA+ Aa1 06/02/25 06/05/25 1,451,660.16 3.96 19,616.17 1,464,053.97 1,447,969.50

US TREASURY N/B
DTD 09/30/2022 3.875% 09/30/2029
91282CFL0 235,000.00 AA+ Aa1 10/01/24 10/03/24 238,488.28 3.55 3,060.30 237,281.51 231,750.42

US TREASURY N/B
DTD 10/31/2024 4.125% 10/31/2029
91282CLR0 370,000.00 AA+ Aa1 01/20/26 01/21/26 374,798.44 3.75 3,857.10 374,169.85 367,412.96

US TREASURY N/B
DTD 10/31/2024 4.125% 10/31/2029
91282CLR0 500,000.00 AA+ Aa1 05/21/25 05/22/25 500,000.00 4.12 5,212.30 500,000.00 496,504.00

US TREASURY N/B
DTD 12/02/2024 4.125% 11/30/2029
91282CMA6 125,000.00 AA+ Aa1 07/18/25 07/21/25 126,054.69 3.91 873.46 125,821.33 124,096.63

US TREASURY N/B
DTD 11/30/2022 3.875% 11/30/2029
91282CFY2 850,000.00 AA+ Aa1 02/03/25 02/07/25 833,132.81 4.34 5,579.58 837,959.56 837,283.15

US TREASURY N/B
DTD 01/03/2023 3.875% 12/31/2029
91282CGB1 600,000.00 AA+ Aa1 01/02/25 01/07/25 587,062.50 4.36 2,021.74 590,841.40 590,695.20

US TREASURY N/B
DTD 02/18/2020 1.500% 02/15/2030
912828Z94 215,000.00 AA+ Aa1 04/01/25 04/03/25 192,332.62 3.90 1,487.78 198,111.89 194,978.13

US TREASURY N/B
DTD 03/31/2023 3.625% 03/31/2030
91282CGS4 205,000.00 AA+ Aa1 01/14/26 01/15/26 204,743.75 3.66 2,497.39 204,774.92 199,794.85

US TREASURY N/B
DTD 03/31/2023 3.625% 03/31/2030
91282CGS4 210,000.00 AA+ Aa1 01/13/26 01/14/26 209,442.19 3.69 2,558.30 209,509.95 204,667.89

US TREASURY N/B
DTD 03/31/2023 3.625% 03/31/2030
91282CGS4 400,000.00 AA+ Aa1 01/13/26 01/14/26 398,843.75 3.70 4,872.95 398,983.82 389,843.60

US TREASURY N/B
DTD 03/31/2023 3.625% 03/31/2030
91282CGS4 465,000.00 AA+ Aa1 05/12/25 05/13/25 455,064.26 4.11 5,664.81 457,364.46 453,193.19 PFM Asset Management, a division of Account 97480000 Page 7 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
U.S. Treasury Bond / Note

US TREASURY N/B
DTD 06/02/2025 4.000% 05/31/2030
91282CNG2 180,000.00 AA+ Aa1 01/14/26 01/15/26 182,362.50 3.67 1,219.67 182,089.46 177,553.08

US TREASURY N/B
DTD 06/30/2023 3.750% 06/30/2030
91282CHJ3 900,000.00 AA+ Aa1 08/01/25 08/05/25 890,542.97 3.99 2,934.78 892,308.21 879,398.10

US TREASURY N/B
DTD 07/31/2025 3.875% 07/31/2030
91282CNN7 930,000.00 AA+ Aa1 09/02/25 09/04/25 935,412.89 3.74 97.93 934,487.61 912,417.42

US TREASURY N/B
DTD 10/02/2023 4.625% 09/30/2030
91282CHZ7 860,000.00 AA+ Aa1 11/03/25 11/06/25 894,467.19 3.72 13,367.01 889,686.98 867,155.20

US TREASURY N/B
DTD 10/31/2025 3.625% 10/31/2030
91282CPD7 640,000.00 AA+ Aa1 12/01/25 12/04/25 640,275.00 3.61 5,863.04 640,242.35 620,800.00

US TREASURY N/B
DTD 01/31/2024 4.000% 01/31/2031
91282CJX0 475,000.00 AA+ Aa1 02/06/26 02/10/26 479,898.44 3.77 51.63 479,468.93 466,910.27

US TREASURY N/B
DTD 02/29/2024 4.250% 02/28/2031
91282CKC4 150,000.00 AA+ Aa1 04/08/26 04/09/26 152,490.23 3.87 2,667.80 152,346.64 148,957.05

US TREASURY N/B
DTD 02/29/2024 4.250% 02/28/2031
91282CKC4 200,000.00 AA+ Aa1 04/08/26 04/09/26 203,289.06 3.88 3,557.07 203,099.46 198,609.40

US TREASURY N/B
DTD 02/29/2024 4.250% 02/28/2031
91282CKC4 600,000.00 AA+ Aa1 03/05/26 03/11/26 613,382.81 3.75 10,671.20 612,423.53 595,828.20

US TREASURY N/B
DTD 04/01/2024 4.125% 03/31/2031
91282CKF7 220,000.00 AA+ Aa1 04/15/26 04/16/26 222,234.38 3.90 3,049.80 222,114.32 217,258.58

US TREASURY N/B
DTD 04/01/2024 4.125% 03/31/2031
91282CKF7 265,000.00 AA+ Aa1 04/14/26 04/15/26 267,349.80 3.93 3,673.62 267,222.66 261,697.84

US TREASURY N/B
DTD 04/30/2024 4.625% 04/30/2031
91282CKN0 155,000.00 AA+ Aa1 07/08/26 07/09/26 157,131.25 4.30 1,811.67 157,106.71 156,313.94

US TREASURY N/B
DTD 04/30/2024 4.625% 04/30/2031
91282CKN0 445,000.00 AA+ Aa1 06/01/26 06/05/26 453,813.09 4.17 5,201.24 453,560.37 448,772.27 Security Type Sub-Total 27,930,000.00 27,534,955.10 3.84 256,185.06 27,770,849.22 27,442,589.21 PFM Asset Management, a division of Account 97480000 Page 8 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Supra-National Agency Bond / Note

INTL FINANCE CORP
DTD 12/06/2023 4.375% 01/15/2027
45950KDF4 235,000.00 AAA Aaa 11/29/23 12/06/23 234,233.90 4.49 456.94 234,881.16 235,320.07 Security Type Sub-Total 235,000.00 234,233.90 4.49 456.94 234,881.16 235,320.07 Municipal Bond / Note

CA ST UNIV TRUSTEES -
DTD 08/09/2023 4.755% 11/01/2026
13077DTC6 110,000.00 AA- Aa2 07/20/23 08/09/23 110,000.00 4.75 1,307.63 110,000.00 110,134.64

LOS ANGELES UNIF SD-B
DTD 05/13/2025 4.423% 07/01/2028
544647KY5 120,000.00 NR Aa3 04/24/25 05/13/25 120,000.00 4.42 442.30 120,000.00 119,896.92

HAWAII ST-TXBL-GP (CALLABLE)
DTD 04/30/2026 4.212% 04/01/2031
419792S23 140,000.00 AA+ Aa2 04/16/26 04/30/26 140,000.00 4.21 1,490.58 140,000.00 137,273.36 Security Type Sub-Total 370,000.00 370,000.00 4.44 3,240.51 370,000.00 367,304.92 Federal Agency Commercial Mortgage-Backed Security
FHMS K070 A2
DTD 12/01/2017 3.303% 11/01/2027
3137FCJK1 255,000.00 AA+ Aa1 07/01/24 07/05/24 242,279.88 4.90 701.89 249,766.47 251,538.89 FNA 2018-M2 A2
DTD 02/01/2018 2.928% 01/01/2028
3136B0YM2 456,023.41 AA+ Aa1 04/03/25 04/08/25 443,090.87 4.07 1,112.77 448,946.04 447,531.34 FHMS K074 A2
DTD 03/01/2018 3.600% 01/01/2028
3137F4D41 492,919.28 AA+ Aa1 07/19/24 07/24/24 476,264.00 4.64 1,478.76 485,488.09 486,679.91 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
3137HBC69 244,142.91 AA+ Aa1 12/06/23 12/14/23 244,140.95 4.86 988.37 244,142.48 244,822.11 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
3137HAD45 235,633.30 AA+ Aa1 07/19/23 07/27/23 235,627.41 4.78 938.02 235,631.02 236,124.84 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
3137HACX2 464,070.02 AA+ Aa1 07/13/23 07/20/23 468,705.15 4.59 1,863.63 465,856.17 465,462.69 FHMS K079 A2
DTD 08/01/2018 3.926% 06/01/2028
3137FGZT5 550,000.00 AA+ Aa1 04/02/26 04/07/26 547,185.55 4.17 1,799.42 547,569.39 543,900.50 PFM Asset Management, a division of Account 97480000 Page 9 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Federal Agency Commercial Mortgage-Backed Security
FNA 2023-M6 A2
DTD 07/01/2023 4.172% 07/01/2028
3136BQDE6 419,684.86 AA+ Aa1 07/18/23 07/31/23 412,569.89 4.58 1,459.09 416,853.14 416,294.64 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
3137HAQ74 455,000.00 AA+ Aa1 10/11/23 10/19/23 445,019.12 5.25 1,797.25 450,414.92 455,465.92 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
3137HAMH6 470,000.00 AA+ Aa1 09/07/23 09/14/23 463,047.29 4.99 1,821.25 466,872.00 470,013.16 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
3137HAST4 340,000.00 AA+ Aa1 10/25/23 10/31/23 329,159.78 5.60 1,374.17 334,777.52 341,139.68 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
3137HAMS2 455,000.00 AA+ Aa1 09/20/23 09/28/23 449,561.39 5.07 1,820.00 452,439.67 456,313.59 FHMS K082 A2
DTD 10/01/2018 3.920% 09/01/2028
3137FJKE8 550,000.00 AA+ Aa1 04/28/26 04/30/26 546,669.92 4.19 1,796.67 546,901.00 542,219.70 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
3137HB3D4 175,000.00 AA+ Aa1 11/14/23 11/21/23 174,494.08 5.14 739.23 174,753.96 176,346.62 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
3137HB3G7 265,000.00 AA+ Aa1 11/28/23 12/07/23 264,238.66 4.93 1,073.25 264,627.66 265,924.85 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
3137HBLV4 500,000.00 AA+ Aa1 06/03/24 06/06/24 492,187.50 4.95 1,905.00 495,649.15 499,168.00 FHMS K088 A2
DTD 03/01/2019 3.690% 01/01/2029
3137FKZZ2 530,000.00 AA+ Aa1 04/01/26 04/07/26 523,644.14 4.14 1,629.75 524,322.44 518,647.40 FHMS K749 A2
DTD 05/01/2022 2.120% 03/01/2029
3137H74P5 550,000.00 AA+ Aa1 04/10/25 04/15/25 508,298.83 4.20 971.67 521,172.48 519,164.25 FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
3137HDV56 395,000.00 AA+ Aa1 07/16/24 07/25/24 397,425.69 4.58 1,553.67 396,505.65 395,528.91 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
3137HDXL9 440,000.00 AA+ Aa1 08/07/24 08/15/24 444,115.76 4.33 1,665.77 442,593.76 438,382.12 FHMS K528 A2
DTD 09/01/2024 4.508% 07/01/2029
3137HFNZ4 500,000.00 AA+ Aa1 10/22/24 10/25/24 500,742.19 4.47 1,878.33 500,493.25 497,815.50 PFM Asset Management, a division of Account 97480000 Page 10 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Federal Agency Commercial Mortgage-Backed Security
FHMS K529 A2
DTD 10/01/2024 4.791% 09/01/2029
3137HH6C0 295,000.00 AA+ Aa1 10/08/24 10/16/24 300,896.17 4.34 1,177.79 298,910.47 295,724.52 FHMS K112 A2
DTD 07/01/2020 1.311% 05/01/2030
3137FUZV9 600,000.00 AA+ Aa1 06/01/26 06/04/26 533,601.56 4.34 655.50 536,023.82 531,612.00 FHMS K113 A2
DTD 08/01/2020 1.341% 06/01/2030
3137FV5N8 600,000.00 AA+ Aa1 07/06/26 07/09/26 534,656.25 4.33 670.50 535,577.79 532,149.00 FHMS K124 A1
DTD 02/01/2021 0.964% 08/01/2030
3137F9CR0 492,341.73 AA+ Aa1 12/23/25 12/24/25 459,531.77 2.47 395.51 463,544.14 457,648.87 FHMS K551 A2
DTD 12/01/2025 4.165% 11/01/2030
3137HNWV6 335,000.00 AA+ Aa1 11/25/25 12/05/25 337,956.37 3.97 1,162.73 337,600.72 328,014.58 FNA 2026-M11 2A2
DTD 05/01/2026 4.250% 05/01/2031
3136G5V64 385,000.00 AA+ Aa1 06/26/26 06/29/26 380,307.81 4.53 1,363.54 380,313.58 376,085.33 Security Type Sub-Total 11,449,815.50 11,155,417.98 4.48 35,793.53 11,217,746.78 11,189,718.92 Corporate Note

UBS AG STAMFORD CT (CALLABLE)
DTD 01/10/2025 4.864% 01/10/2028
90261AAD4 250,000.00 A+ Aa2 01/06/25 01/10/25 250,000.00 4.86 709.33 250,000.00 250,369.50

JPMORGAN CHASE & CO (CALLABLE)
DTD 01/23/2024 5.040% 01/23/2028
46647PEA0 200,000.00 A A1 01/16/24 01/23/24 200,000.00 5.04 224.00 200,000.00 200,447.80

KENVUE INC (CALLABLE)
DTD 10/17/2023 5.050% 03/22/2028
49177JAF9 275,000.00 A A2 06/27/25 06/30/25 281,492.75 4.12 4,976.35 278,910.20 276,890.07

JPMORGAN CHASE & CO (CALLABLE)
DTD 04/22/2024 5.571% 04/22/2028
46647PEE2 215,000.00 A A1 04/15/24 04/22/24 215,000.00 5.57 3,293.85 215,000.00 216,475.76

BANK OF AMERICA CORP (CALLABLE)
DTD 04/24/2017 3.705% 04/24/2028
06051GGL7 125,000.00 A- A1 04/16/25 04/17/25 122,366.25 4.46 1,247.86 123,448.89 124,229.25

SERVICENOW INC
DTD 05/15/2026 4.250% 05/15/2028
81762PAF9 65,000.00 A A2 05/12/26 05/15/26 64,764.70 4.44 583.19 64,788.79 64,651.99

SERVICENOW INC
DTD 05/15/2026 4.250% 05/15/2028
81762PAF9 250,000.00 A A2 05/13/26 05/15/26 249,465.00 4.36 2,243.06 249,520.08 248,661.50 PFM Asset Management, a division of Account 97480000 Page 11 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Corporate Note

HSBC USA INC
DTD 06/03/2025 4.650% 06/03/2028
40428HR95 400,000.00 A- A2 05/28/25 06/03/25 400,032.00 4.65 2,996.67 400,020.21 400,384.00

PNC FINANCIAL SERVICES (CALLABLE)
DTD 01/26/2026 4.075% 01/26/2029
693475CG8 210,000.00 A- A3 01/21/26 01/26/26 210,000.00 4.08 118.85 210,000.00 208,002.90

NATIONAL RURAL UTIL COOP (CALLABLE)
DTD 02/05/2024 4.850% 02/07/2029
63743HFN7 105,000.00 A- A2 03/30/26 03/31/26 106,180.20 4.42 2,461.38 106,045.83 105,306.81

ALPHABET INC (CALLABLE)
DTD 02/13/2026 3.700% 02/15/2029
02079KBJ5 75,000.00 AA+ Aa2 02/09/26 02/13/26 74,727.75 3.83 1,295.00 74,768.06 73,460.55

LOCKHEED MARTIN CORP (CALLABLE)
DTD 01/29/2024 4.500% 02/15/2029
539830CC1 250,000.00 A- A2 03/05/24 03/07/24 246,890.00 4.78 5,187.50 248,311.04 249,191.75

ASTRAZENECA FINANCE LLC (CALLABLE)
DTD 02/26/2024 4.850% 02/26/2029
04636NAL7 145,000.00 A+ A1 02/21/24 02/26/24 144,847.75 4.87 3,027.88 144,917.27 145,922.35

CISCO SYSTEMS INC (CALLABLE)
DTD 02/26/2024 4.850% 02/26/2029
17275RBR2 250,000.00 AA- A1 02/13/26 02/17/26 257,027.50 3.86 5,220.49 255,989.83 251,611.50

ABBOTT LABORATORIES (CALLABLE)
DTD 03/09/2026 3.700% 03/09/2029
002824BR0 430,000.00 A+ Aa3 02/23/26 03/09/26 429,453.90 3.75 6,275.61 429,522.95 420,170.20

TOYOTA MOTOR CREDIT CORP
DTD 03/13/2026 4.050% 03/13/2029
89236TPQ2 390,000.00 A+ A1 03/10/26 03/13/26 389,859.60 4.06 6,054.75 389,877.30 384,659.73

KLA CORP (CALLABLE)
DTD 03/20/2019 4.100% 03/15/2029
482480AG5 395,000.00 A- A2 11/13/25 11/14/25 395,264.65 4.08 6,118.11 395,211.06 389,058.81

SALESFORCE INC (CALLABLE)
DTD 03/13/2026 4.650% 03/15/2029
79466LAR5 805,000.00 A+ A2 03/11/26 03/13/26 804,822.90 4.66 14,349.13 804,844.78 801,429.83

UBS AG STAMFORD CT (CALLABLE)
DTD 03/16/2026 4.302% 03/16/2029
90261AAG7 250,000.00 A+ Aa2 03/11/26 03/16/26 250,000.00 4.30 4,033.13 250,000.00 248,630.00

BANK OF AMERICA CORP (CALLABLE)
DTD 05/09/2025 4.623% 05/09/2029
06051GMT3 250,000.00 A- A1 05/06/25 05/09/25 250,000.00 4.62 2,632.54 250,000.00 249,432.75

HOME DEPOT INC (CALLABLE)
DTD 06/25/2024 4.750% 06/25/2029
437076DC3 120,000.00 A A2 06/17/24 06/25/24 119,226.00 4.90 570.00 119,528.60 120,587.64 PFM Asset Management, a division of Account 97480000 Page 12 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Corporate Note

HOME DEPOT INC (CALLABLE)
DTD 06/25/2024 4.750% 06/25/2029
437076DC3 125,000.00 A A2 06/18/24 06/25/24 124,601.25 4.82 593.75 124,757.53 125,612.13

HOME DEPOT INC (CALLABLE)
DTD 06/25/2024 4.750% 06/25/2029
437076DC3 125,000.00 A A2 06/18/24 06/25/24 124,631.25 4.82 593.75 124,775.90 125,612.13

AMERICAN EXPRESS CO (CALLABLE)
DTD 07/25/2025 4.351% 07/20/2029
025816EJ4 265,000.00 A- A2 02/03/26 02/04/26 266,383.30 4.19 352.31 266,118.15 263,462.74

BANK OF NY MELLON CORP (CALLABLE)
DTD 10/25/2023 6.317% 10/25/2029
06406RBT3 655,000.00 A Aa3 03/02/26 03/05/26 691,752.05 4.62 11,033.69 686,348.81 677,760.60

MORGAN STANLEY (CALLABLE)
DTD 01/23/2019 4.431% 01/23/2030
6174468G7 290,000.00 A- A1 01/23/26 01/26/26 291,336.90 4.30 285.55 291,177.83 286,826.53

ADOBE INC (CALLABLE)
DTD 02/03/2020 2.300% 02/01/2030
00724PAD1 80,000.00 A+ A1 02/24/26 02/25/26 74,852.00 4.09 920.00 75,379.30 73,549.68

ADOBE INC (CALLABLE)
DTD 02/03/2020 2.300% 02/01/2030
00724PAD1 170,000.00 A+ A1 02/05/26 02/06/26 158,689.90 4.13 1,955.00 159,972.75 156,293.07

ADOBE INC (CALLABLE)
DTD 02/03/2020 2.300% 02/01/2030
00724PAD1 225,000.00 A+ A1 02/09/26 02/10/26 210,037.50 4.13 2,587.50 211,699.91 206,858.48

BLACKROCK FINANCE INC (CALLABLE)
DTD 01/27/2020 2.400% 04/30/2030
09247XAQ4 40,000.00 AA- Aa3 06/26/25 06/27/25 36,716.80 4.30 242.67 37,401.41 36,767.00

BLACKROCK FINANCE INC (CALLABLE)
DTD 01/27/2020 2.400% 04/30/2030
09247XAQ4 150,000.00 AA- Aa3 06/27/25 06/30/25 137,664.00 4.30 910.00 140,220.72 137,876.25

AMERICAN EXPRESS CO (CALLABLE)
DTD 05/04/2026 4.444% 05/03/2030
025816ET2 160,000.00 A- A2 04/27/26 05/04/26 160,000.00 4.44 1,718.35 160,000.00 158,413.60

JOHN DEERE CAPITAL CORP
DTD 06/05/2025 4.550% 06/05/2030
24422EYE3 175,000.00 A A1 06/02/25 06/05/25 174,907.25 4.56 1,238.61 174,927.34 173,839.05

ANALOG DEVICES INC (CALLABLE)
DTD 06/16/2025 4.500% 06/15/2030
032654BE4 385,000.00 A A2 06/12/25 06/16/25 384,661.20 4.52 2,213.75 384,732.04 381,107.65

NOVARTIS CAPITAL CORP (CALLABLE)
DTD 11/05/2025 4.100% 11/05/2030
66989HAY4 270,000.00 AA- Aa3 11/03/25 11/05/25 269,190.00 4.17 2,644.50 269,300.55 262,915.20 PFM Asset Management, a division of Account 97480000 Page 13 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Corporate Note

SHELL FINANCE US INC (CALLABLE)
DTD 11/06/2025 4.125% 11/06/2030
822905AN5 265,000.00 A+ Aa2 11/04/25 11/06/25 264,218.25 4.19 2,580.99 264,323.72 258,607.14

TOTALENERGI CAP USA LLC (CALLABLE)
DTD 01/13/2026 4.248% 01/13/2031
89158TAA7 245,000.00 A+ Aa3 01/06/26 01/13/26 245,000.00 4.25 520.38 245,000.00 239,275.09

TOTALENERGI CAP USA LLC (CALLABLE)
DTD 01/13/2026 4.248% 01/13/2031
89158TAA7 335,000.00 A+ Aa3 01/07/26 01/13/26 336,038.50 4.18 711.54 335,932.56 327,172.06

ALPHABET INC (CALLABLE)
DTD 02/13/2026 4.100% 02/15/2031
02079KBK2 160,000.00 AA+ Aa2 02/10/26 02/17/26 159,848.00 4.12 3,061.33 159,860.89 155,104.00

ALPHABET INC (CALLABLE)
DTD 02/13/2026 4.100% 02/15/2031
02079KBK2 540,000.00 AA+ Aa2 02/10/26 02/17/26 539,746.20 4.11 10,332.00 539,767.41 523,476.00 AMAZON.COM INC (CALLABLE)
DTD 03/13/2026 4.250% 03/13/2031
023135DD5 30,000.00 AA A1 03/10/26 03/13/26 29,952.00 4.29 488.75 29,955.45 29,100.72 AMAZON.COM INC (CALLABLE)
DTD 03/13/2026 4.250% 03/13/2031
023135DD5 235,000.00 AA A1 03/11/26 03/13/26 234,642.80 4.28 3,828.54 234,668.58 227,955.64

NOVARTIS CAPITAL CORP (CALLABLE)
DTD 03/18/2026 4.400% 03/18/2031
66989HBG2 250,000.00 AA- Aa3 03/16/26 03/18/26 249,900.00 4.41 4,063.89 249,906.70 245,788.00

CATERPILLAR FINL SERVICE
DTD 05/15/2026 4.500% 05/15/2031
14913V2D9 215,000.00 A A1 05/11/26 05/15/26 214,705.45 4.53 2,042.50 214,716.93 211,969.58

MASTERCARD INC (CALLABLE)
DTD 06/08/2026 4.600% 06/08/2031
57636QBL7 210,000.00 A+ Aa3 06/05/26 06/08/26 210,195.30 4.58 1,422.17 210,190.59 207,757.41

MASTERCARD INC (CALLABLE)
DTD 06/08/2026 4.600% 06/08/2031
57636QBL7 325,000.00 A+ Aa3 06/04/26 06/08/26 324,740.00 4.62 2,200.97 324,746.91 321,529.33

NVIDIA CORP (CALLABLE)
DTD 06/18/2026 4.500% 06/15/2031
67066GAR5 365,000.00 AA Aa1 06/15/26 06/18/26 364,306.50 4.54 1,961.88 364,322.58 357,220.03 AMAZON.COM INC (CALLABLE)
DTD 07/09/2026 4.800% 07/09/2031
023135EC6 530,000.00 AA A1 07/07/26 07/09/26 529,326.90 4.83 1,554.67 529,336.43 524,972.42

ACCENTURE CAPITAL INC (CALLABLE)
DTD 07/10/2026 5.000% 07/10/2031
00440KAG8 265,000.00 AA- Aa3 07/09/26 07/10/26 265,302.10 4.97 772.92 265,299.82 263,836.12 PFM Asset Management, a division of Account 97480000 Page 14 U.S. Bancorp Asset Management, Inc.

Managed Account Detail of Securities Held For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Trade Settle Original YTM Accrued Amortized Market Par
Corporate Note

ACCENTURE CAPITAL INC (CALLABLE)
DTD 07/10/2026 5.000% 07/10/2031
00440KAG8 380,000.00 AA- Aa3 07/08/26 07/10/26 379,950.60 5.00 1,108.33 379,952.28 378,331.04 Security Type Sub-Total 12,920,000.00 12,914,716.95 4.45 137,558.97 12,915,497.98 12,768,563.38 Bank Note

TRUIST BANK (CALLABLE)
DTD 10/23/2025 4.136% 10/23/2029
89788JAH2 265,000.00 A A3 11/07/25 11/10/25 264,085.75 4.23 2,983.66 264,242.60 261,075.35

TRUIST BANK (CALLABLE)
DTD 10/23/2025 4.136% 10/23/2029
89788JAH2 265,000.00 A A3 01/22/26 01/23/26 264,085.75 4.23 2,983.66 264,204.68 261,075.35

MORGAN STANLEY PVT BANK (CALLABLE)
DTD 02/02/2026 4.213% 02/08/2030
61776NU43 250,000.00 A+ Aa3 01/29/26 02/02/26 249,942.50 4.22 5,236.99 249,949.80 245,786.25

MORGAN STANLEY PVT BANK (CALLABLE)
DTD 02/02/2026 4.213% 02/08/2030
61776NU43 285,000.00 A+ Aa3 01/29/26 02/02/26 285,000.00 4.21 5,970.17 285,000.00 280,196.33

CITIBANK NA (CALLABLE)
DTD 05/29/2025 4.914% 05/29/2030
17325FBP2 250,000.00 A+ Aa3 05/21/25 05/29/25 250,000.00 4.91 2,115.75 250,000.00 250,374.25 Security Type Sub-Total 1,315,000.00 1,313,114.00 4.36 19,290.23 1,313,397.08 1,298,507.53 Managed Account Sub-Total 54,219,815.50 53,522,437.93 4.14 452,525.24 53,822,372.22 53,302,004.03 $54,219,815.50 $53,522,437.93 4.14% $452,525.24 $53,822,372.22 $53,302,004.03 $53,754,529.27
$452,525.24
Total Investments
Accrued Interest
Securities Sub-Total
PFM Asset Management, a division of Account 97480000 Page 15 U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
U.S. Treasury Bond / Note
US TREASURY N/B 91282CEW7 350,000.00 GoldmanS 99.21 347,243.05 (8,212.03) (3,770.65) DTD 06/30/2022 3.250% 06/30/2027

0.89 4.11
US TREASURY N/B 91282CFB2 500,000.00 MorganSt 98.62 493,097.50 (3,367.34) (6,196.63) DTD 08/01/2022 2.750% 07/31/2027

0.97 4.16
US TREASURY N/B 91282CAH4 430,000.00 BMO 96.16 413,488.86 34,568.16 1,776.59 DTD 08/31/2020 0.500% 08/31/2027

1.06 4.17
US TREASURY N/B 91282CAH4 480,000.00 BMO 96.16 461,568.96 21,150.21 (3,348.63) DTD 08/31/2020 0.500% 08/31/2027

1.06 4.17
US TREASURY N/B 91282CAH4 1,200,000.00 WellsFar 96.16 1,153,922.40 75,844.27 (1,545.57) DTD 08/31/2020 0.500% 08/31/2027

1.06 4.17
US TREASURY N/B 91282CPB1 285,000.00 BMO 99.22 282,784.70 (2,204.17) (2,208.54) DTD 09/30/2025 3.500% 09/30/2027

1.12 4.17
US TREASURY N/B 91282CAL5 600,000.00 Nomura 95.73 574,359.60 34,851.79 (691.61) DTD 09/30/2020 0.375% 09/30/2027

1.14 4.17
US TREASURY N/B 91282CFU0 100,000.00 JPMorgan 99.91 99,906.30 (1,402.29) (427.25) DTD 10/31/2022 4.125% 10/31/2027

1.20 4.17
US TREASURY N/B 91282CFU0 500,000.00 BOFAML 99.91 499,531.50 (3,691.16) (1,303.94) DTD 10/31/2022 4.125% 10/31/2027

1.20 4.17
US TREASURY N/B 9128283F5 410,000.00 BMO 97.55 399,974.27 11,130.91 (465.39) DTD 11/15/2017 2.250% 11/15/2027

1.25 4.22
US TREASURY N/B 91282CFZ9 420,000.00 JPMorgan 99.54 418,080.60 (3,445.18) (2,327.06) DTD 11/30/2022 3.875% 11/30/2027

1.28 4.20
US TREASURY N/B 91282CGH8 450,000.00 JPMorgan 98.92 445,131.00 (2,038.92) (4,018.73) DTD 01/31/2023 3.500% 01/31/2028

1.44 4.23
US TREASURY N/B 9128283W8 1,800,000.00 SGAS 97.78 1,760,063.40 17,860.27 (13,235.09) DTD 02/15/2018 2.750% 02/15/2028

1.47 4.25
US TREASURY N/B 91282CGT2 750,000.00 JPMorgan 98.98 742,383.00 (11,952.94) (9,086.48) DTD 03/31/2023 3.625% 03/31/2028

1.58 4.23
US TREASURY N/B 91282CHA2 385,000.00 CABRERA 98.71 380,051.98 (3,053.10) (4,285.21) DTD 05/01/2023 3.500% 04/30/2028

1.66 4.24
US TREASURY N/B 9128284N7 175,000.00 BOFAML 97.62 170,836.93 2,221.70 (1,869.75) DTD 05/15/2018 2.875% 05/15/2028

1.71 4.27
US TREASURY N/B 91282CCE9 175,000.00 WellsFar 94.74 165,798.85 150.41 (1,855.06) DTD 06/01/2021 1.250% 05/31/2028

1.78 4.27
PFM Asset Management, a division of Account 97480000 Page 16 U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
U.S. Treasury Bond / Note
US TREASURY N/B 91282CCE9 200,000.00 Deutsche 94.74 189,484.40 (124.98) (2,436.76) DTD 06/01/2021 1.250% 05/31/2028

1.78 4.27
US TREASURY N/B 91282CHE4 750,000.00 JPMorgan 98.87 741,533.25 (5,947.22) (7,543.15) DTD 05/31/2023 3.625% 05/31/2028

1.75 4.24
US TREASURY N/B 91282CCR0 75,000.00 WellsFar 93.79 70,341.83 2,918.00 (544.44) DTD 08/02/2021 1.000% 07/31/2028

1.94 4.28
US TREASURY N/B 91282CHX2 250,000.00 Barclays 100.18 250,439.50 1,005.91 677.25 DTD 08/31/2023 4.375% 08/31/2028

1.94 4.25
US TREASURY N/B 91282CHX2 1,300,000.00 Barclays 100.18 1,302,285.40 (5,991.94) (2,390.20) DTD 08/31/2023 4.375% 08/31/2028

1.94 4.25
US TREASURY N/B 91282CPC9 395,000.00 WellsFar 98.32 388,365.19 (6,233.64) (6,323.40) DTD 10/15/2025 3.500% 10/15/2028

2.08 4.27
US TREASURY N/B 91282CPK1 530,000.00 MorganSt 98.25 520,725.00 (7,142.58) (7,523.92) DTD 11/17/2025 3.500% 11/15/2028

2.16 4.27
US TREASURY N/B 91282CQA2 1,200,000.00 MorganSt 98.04 1,176,422.40 (25,593.23) (25,325.04) DTD 02/17/2026 3.500% 02/15/2029

2.37 4.29
US TREASURY N/B 91282CQE4 805,000.00 WellsFar 97.98 788,711.63 (10,533.88) (11,222.73) DTD 03/16/2026 3.500% 03/15/2029

2.44 4.28
US TREASURY N/B 91282CKG5 800,000.00 BNP Sec 99.50 796,000.00 (6,656.25) (6,373.95) DTD 04/01/2024 4.125% 03/31/2029

2.47 4.29
US TREASURY N/B 91282CKT7 360,000.00 JPMorgan 100.44 361,575.00 (4,218.75) (2,216.09) DTD 05/31/2024 4.500% 05/31/2029

2.62 4.29
US TREASURY N/B 91282CKX8 170,000.00 BMO 99.75 169,581.63 (2,589.85) (2,054.13) DTD 07/01/2024 4.250% 06/30/2029

2.71 4.30
US TREASURY N/B 91282CKX8 390,000.00 MorganSt 99.75 389,040.21 (5,255.88) (4,955.43) DTD 07/01/2024 4.250% 06/30/2029

2.71 4.30
US TREASURY N/B 91282CFJ5 1,500,000.00 Nomura 96.53 1,447,969.50 (3,690.66) (16,084.47) DTD 08/31/2022 3.125% 08/31/2029

2.87 4.30
US TREASURY N/B 91282CFL0 235,000.00 Citigrou 98.62 231,750.42 (6,737.86) (5,531.09) DTD 09/30/2022 3.875% 09/30/2029

2.91 4.31
US TREASURY N/B 91282CLR0 370,000.00 Deutsche 99.30 367,412.96 (7,385.48) (6,756.89) DTD 10/31/2024 4.125% 10/31/2029

2.98 4.31
US TREASURY N/B 91282CLR0 500,000.00 JPMorgan 99.30 496,504.00 (3,496.00) (3,496.00) DTD 10/31/2024 4.125% 10/31/2029

2.98 4.31
PFM Asset Management, a division of Account 97480000 Page 17 U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
U.S. Treasury Bond / Note
US TREASURY N/B 91282CMA6 125,000.00 HSBC 99.28 124,096.63 (1,958.06) (1,724.70) DTD 12/02/2024 4.125% 11/30/2029

3.07 4.32
US TREASURY N/B 91282CFY2 850,000.00 MorganSt 98.50 837,283.15 4,150.34 (676.41) DTD 11/30/2022 3.875% 11/30/2029

3.08 4.32
US TREASURY N/B 91282CGB1 600,000.00 Barclays 98.45 590,695.20 3,632.70 (146.20) DTD 01/03/2023 3.875% 12/31/2029

3.16 4.33
US TREASURY N/B 912828Z94 215,000.00 RBS 90.69 194,978.13 2,645.51 (3,133.76) DTD 02/18/2020 1.500% 02/15/2030

3.36 4.37
US TREASURY N/B 91282CGS4 205,000.00 MorganSt 97.46 199,794.85 (4,948.90) (4,980.07) DTD 03/31/2023 3.625% 03/31/2030

3.35 4.34
US TREASURY N/B 91282CGS4 210,000.00 BNP Sec 97.46 204,667.89 (4,774.30) (4,842.06) DTD 03/31/2023 3.625% 03/31/2030

3.35 4.34
US TREASURY N/B 91282CGS4 400,000.00 WellsFar 97.46 389,843.60 (9,000.15) (9,140.22) DTD 03/31/2023 3.625% 03/31/2030

3.35 4.34
US TREASURY N/B 91282CGS4 465,000.00 BNP Sec 97.46 453,193.19 (1,871.07) (4,171.27) DTD 03/31/2023 3.625% 03/31/2030

3.35 4.34
US TREASURY N/B 91282CNG2 180,000.00 TD Secur 98.64 177,553.08 (4,809.42) (4,536.38) DTD 06/02/2025 4.000% 05/31/2030

3.50 4.34
US TREASURY N/B 91282CHJ3 900,000.00 BMO 97.71 879,398.10 (11,144.87) (12,910.11) DTD 06/30/2023 3.750% 06/30/2030

3.59 4.35
US TREASURY N/B 91282CNN7 930,000.00 BMO 98.11 912,417.42 (22,995.47) (22,070.19) DTD 07/31/2025 3.875% 07/31/2030

3.67 4.35
US TREASURY N/B 91282CHZ7 860,000.00 WellsFar 100.83 867,155.20 (27,311.99) (22,531.78) DTD 10/02/2023 4.625% 09/30/2030

3.71 4.36
US TREASURY N/B 91282CPD7 640,000.00 RBC Capi 97.00 620,800.00 (19,475.00) (19,442.35) DTD 10/31/2025 3.625% 10/31/2030

3.86 4.36
US TREASURY N/B 91282CJX0 475,000.00 WellsFar 98.30 466,910.27 (12,988.17) (12,558.66) DTD 01/31/2024 4.000% 01/31/2031

4.08 4.37
US TREASURY N/B 91282CKC4 150,000.00 BMO 99.30 148,957.05 (3,533.18) (3,389.59) DTD 02/29/2024 4.250% 02/28/2031

4.06 4.37
US TREASURY N/B 91282CKC4 200,000.00 BMO 99.30 198,609.40 (4,679.66) (4,490.06) DTD 02/29/2024 4.250% 02/28/2031

4.06 4.37
US TREASURY N/B 91282CKC4 600,000.00 BOFAML 99.30 595,828.20 (17,554.61) (16,595.33) DTD 02/29/2024 4.250% 02/28/2031

4.06 4.37
PFM Asset Management, a division of Account 97480000 Page 18 U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
U.S. Treasury Bond / Note
US TREASURY N/B 91282CKF7 220,000.00 BMO 98.75 217,258.58 (4,975.80) (4,855.74) DTD 04/01/2024 4.125% 03/31/2031

4.15 4.38
US TREASURY N/B 91282CKF7 265,000.00 WellsFar 98.75 261,697.84 (5,651.96) (5,524.82) DTD 04/01/2024 4.125% 03/31/2031

4.15 4.38
US TREASURY N/B 91282CKN0 155,000.00 MorganSt 100.85 156,313.94 (817.31) (792.77) DTD 04/30/2024 4.625% 04/30/2031

4.19 4.38
US TREASURY N/B 91282CKN0 445,000.00 MorganSt 100.85 448,772.27 (5,040.82) (4,788.10) DTD 04/30/2024 4.625% 04/30/2031

4.19 4.38
Security Type Sub-Total 27,930,000.00 27,442,589.21 (92,365.89) (328,260.01) 2.45 4.28 Supra-National Agency Bond / Note
INTL FINANCE CORP 45950KDF4 235,000.00 WellsFar 100.14 235,320.07 1,086.17 438.91 DTD 12/06/2023 4.375% 01/15/2027

0.45 4.07
Security Type Sub-Total 235,000.00 235,320.07 1,086.17 438.91 0.45 4.07 Municipal Bond / Note
CA ST UNIV TRUSTEES - 13077DTC6 110,000.00 Barclays 100.12 110,134.64 134.64 134.64 DTD 08/09/2023 4.755% 11/01/2026

0.25 4.21
LOS ANGELES UNIF SD-B 544647KY5 120,000.00 RaymondJ 99.91 119,896.92 (103.08) (103.08) DTD 05/13/2025 4.423% 07/01/2028

1.81 4.47
HAWAII ST-TXBL-GP (CALLABLE) 419792S23 140,000.00 BOFAML 01/01/31 98.05 137,273.36 (2,726.64) (2,726.64) DTD 04/30/2026 4.212% 04/01/2031

4.07 4.68
Security Type Sub-Total 370,000.00 367,304.92 (2,695.08) (2,695.08) 2.19 4.47 Federal Agency Commercial Mortgage-Backed Security
FHMS K070 A2 3137FCJK1 255,000.00 PNCBank 98.64 251,538.89 9,259.01 1,772.42 DTD 12/01/2017 3.303% 11/01/2027

1.15 4.32
FNA 2018-M2 A2 3136B0YM2 456,023.41 Citigrou 98.14 447,531.34 4,440.47 (1,414.70) DTD 02/01/2018 2.928% 01/01/2028

1.25 4.34
FHMS K074 A2 3137F4D41 492,919.28 Barclays 98.73 486,679.91 10,415.91 1,191.82 DTD 03/01/2018 3.600% 01/01/2028

1.37 4.38
PFM Asset Management, a division of Account 97480000 Page 19 U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Federal Agency Commercial Mortgage-Backed Security
FHMS KJ48 A1 3137HBC69 244,142.91 JPMorgan 100.28 244,822.11 681.16 679.63 DTD 12/01/2023 4.858% 05/01/2028

1.48 4.50
FHMS KJ46 A1 3137HAD45 235,633.30 JPMorgan 100.21 236,124.84 497.43 493.82 DTD 07/01/2023 4.777% 06/01/2028

1.18 4.38
FHMS K505 A2 3137HACX2 464,070.02 JPMorgan 100.30 465,462.69 (3,242.46) (393.48) DTD 07/01/2023 4.819% 06/01/2028

1.67 4.50
FHMS K079 A2 3137FGZT5 550,000.00 BMO 98.89 543,900.50 (3,285.05) (3,668.89) DTD 08/01/2018 3.926% 06/01/2028

1.78 4.44
FNA 2023-M6 A2 3136BQDE6 419,684.86 JPMorgan 99.19 416,294.64 3,724.75 (558.50) DTD 07/01/2023 4.172% 07/01/2028

1.81 4.51
FHMS K508 A2 3137HAQ74 455,000.00 BMO 100.10 455,465.92 10,446.80 5,051.00 DTD 10/01/2023 4.740% 08/01/2028

1.86 4.56
FHMS K506 A2 3137HAMH6 470,000.00 WellsFar 100.00 470,013.16 6,965.87 3,141.16 DTD 09/01/2023 4.650% 08/01/2028

1.83 4.52
FHMS K509 A2 3137HAST4 340,000.00 MorganSt 100.34 341,139.68 11,979.90 6,362.16 DTD 10/01/2023 4.850% 09/01/2028

1.94 4.56
FHMS K507 A2 3137HAMS2 455,000.00 BOFAML 100.29 456,313.59 6,752.20 3,873.92 DTD 09/01/2023 4.800% 09/01/2028

1.90 4.53
FHMS K082 A2 3137FJKE8 550,000.00 JPMorgan 98.59 542,219.70 (4,450.22) (4,681.30) DTD 10/01/2018 3.920% 09/01/2028

1.95 4.55
FHMS K510 A2 3137HB3D4 175,000.00 JPMorgan 100.77 176,346.62 1,852.54 1,592.66 DTD 11/01/2023 5.069% 10/01/2028

1.98 4.56
FHMS K511 A2 3137HB3G7 265,000.00 BOFAML 100.35 265,924.85 1,686.19 1,297.19 DTD 12/01/2023 4.860% 10/01/2028

2.01 4.57
FHMS K514 A2 3137HBLV4 500,000.00 BMO 99.83 499,168.00 6,980.50 3,518.85 DTD 02/01/2024 4.572% 12/01/2028

2.10 4.55
FHMS K088 A2 3137FKZZ2 530,000.00 MorganSt 97.86 518,647.40 (4,996.74) (5,675.04) DTD 03/01/2019 3.690% 01/01/2029

2.26 4.57
FHMS K749 A2 3137H74P5 550,000.00 Barclays 94.39 519,164.25 10,865.42 (2,008.23) DTD 05/01/2022 2.120% 03/01/2029

2.30 4.57
FHMS K524 A2 3137HDV56 395,000.00 PIER 100.13 395,528.91 (1,896.78) (976.74) DTD 07/01/2024 4.720% 05/01/2029

2.55 4.59
FHMS K526 A2 3137HDXL9 440,000.00 BMO 99.63 438,382.12 (5,733.64) (4,211.64) DTD 08/01/2024 4.543% 07/01/2029

2.70 4.61
PFM Asset Management, a division of Account 97480000 Page 20 U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Federal Agency Commercial Mortgage-Backed Security
FHMS K528 A2 3137HFNZ4 500,000.00 MorganSt 99.56 497,815.50 (2,926.69) (2,677.75) DTD 09/01/2024 4.508% 07/01/2029

2.71 4.60
FHMS K529 A2 3137HH6C0 295,000.00 MorganSt 100.25 295,724.52 (5,171.65) (3,185.95) DTD 10/01/2024 4.791% 09/01/2029

2.82 4.64
FHMS K112 A2 3137FUZV9 600,000.00 Deutsche 88.60 531,612.00 (1,989.56) (4,411.82) DTD 07/01/2020 1.311% 05/01/2030

3.59 4.64
FHMS K113 A2 3137FV5N8 600,000.00 CantorFi 88.69 532,149.00 (2,507.25) (3,428.79) DTD 08/01/2020 1.341% 06/01/2030

3.59 4.64
FHMS K124 A1 3137F9CR0 492,341.73 IFP 92.95 457,648.87 (1,882.90) (5,895.27) DTD 02/01/2021 0.964% 08/01/2030

2.03 4.46
FHMS K551 A2 3137HNWV6 335,000.00 BMO 97.91 328,014.58 (9,941.79) (9,586.14) DTD 12/01/2025 4.165% 11/01/2030

3.84 4.68
FNA 2026-M11 2A2 3136G5V64 385,000.00 WellsFar 97.68 376,085.33 (4,222.48) (4,228.25) DTD 05/01/2026 4.250% 05/01/2031

4.21 4.78
Security Type Sub-Total 11,449,815.50 11,189,718.92 34,300.94 (28,027.86) 2.25 4.54 Corporate Note
UBS AG STAMFORD CT (CALLABLE) 90261AAD4 250,000.00 UBSS 01/10/27 100.15 250,369.50 369.50 369.50 DTD 01/10/2025 4.864% 01/10/2028

0.43 4.43
JPMORGAN CHASE & CO (CALLABLE) 46647PEA0 200,000.00 JPMorgan 01/23/27 100.22 200,447.80 447.80 447.80 DTD 01/23/2024 5.040% 01/23/2028

0.47 4.77
KENVUE INC (CALLABLE) 49177JAF9 275,000.00 JPMorgan 02/22/28 100.69 276,890.07 (4,602.68) (2,020.13) DTD 10/17/2023 5.050% 03/22/2028

1.49 4.61
JPMORGAN CHASE & CO (CALLABLE) 46647PEE2 215,000.00 JPMorgan 04/22/27 100.69 216,475.76 1,475.76 1,475.76 DTD 04/22/2024 5.571% 04/22/2028

0.69 4.60
BANK OF AMERICA CORP (CALLABLE) 06051GGL7 125,000.00 Deutsche 04/24/27 99.38 124,229.25 1,863.00 780.36 DTD 04/24/2017 3.705% 04/24/2028

0.70 5.17
SERVICENOW INC 81762PAF9 65,000.00 Barclays 99.46 64,651.99 (112.71) (136.80) DTD 05/15/2026 4.250% 05/15/2028

1.69 4.56
SERVICENOW INC 81762PAF9 250,000.00 MUFG 99.46 248,661.50 (803.50) (858.58) DTD 05/15/2026 4.250% 05/15/2028

1.69 4.56
HSBC USA INC 40428HR95 400,000.00 UBSS 100.10 400,384.00 352.00 363.79 DTD 06/03/2025 4.650% 06/03/2028

1.73 4.59
PFM Asset Management, a division of Account 97480000 Page 21 U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Corporate Note
PNC FINANCIAL SERVICES (CALLABLE) 693475CG8 210,000.00 PNCBank 01/26/28 99.05 208,002.90 (1,997.10) (1,997.10) DTD 01/26/2026 4.075% 01/26/2029

1.46 4.57
NATIONAL RURAL UTIL COOP (CALLABLE) 63743HFN7 105,000.00 JANE 01/07/29 100.29 105,306.81 (873.39) (739.02) DTD 02/05/2024 4.850% 02/07/2029

2.26 4.73
ALPHABET INC (CALLABLE) 02079KBJ5 75,000.00 JPMorgan 01/15/29 97.95 73,460.55 (1,267.20) (1,307.51) DTD 02/13/2026 3.700% 02/15/2029

2.34 4.56
LOCKHEED MARTIN CORP (CALLABLE) 539830CC1 250,000.00 JPMorgan 01/15/29 99.68 249,191.75 2,301.75 880.71 DTD 01/29/2024 4.500% 02/15/2029

2.30 4.64
ASTRAZENECA FINANCE LLC (CALLABLE) 04636NAL7 145,000.00 Citigrou 01/26/29 100.64 145,922.35 1,074.60 1,005.08 DTD 02/26/2024 4.850% 02/26/2029

2.31 4.58
CISCO SYSTEMS INC (CALLABLE) 17275RBR2 250,000.00 GoldmanS 01/26/29 100.64 251,611.50 (5,416.00) (4,378.33) DTD 02/26/2024 4.850% 02/26/2029

2.31 4.58
ABBOTT LABORATORIES (CALLABLE) 002824BR0 430,000.00 MorganSt 02/09/29 97.71 420,170.20 (9,283.70) (9,352.75) DTD 03/09/2026 3.700% 03/09/2029

2.40 4.64
TOYOTA MOTOR CREDIT CORP 89236TPQ2 390,000.00 MUFG 98.63 384,659.73 (5,199.87) (5,217.57) DTD 03/13/2026 4.050% 03/13/2029

2.41 4.61
KLA CORP (CALLABLE) 482480AG5 395,000.00 JPMorgan 12/15/28 98.50 389,058.81 (6,205.84) (6,152.25) DTD 03/20/2019 4.100% 03/15/2029

2.35 4.71
SALESFORCE INC (CALLABLE) 79466LAR5 805,000.00 Citigrou 02/15/29 99.56 801,429.83 (3,393.07) (3,414.95) DTD 03/13/2026 4.650% 03/15/2029

2.37 4.83
UBS AG STAMFORD CT (CALLABLE) 90261AAG7 250,000.00 UBSS 03/16/28 99.45 248,630.00 (1,370.00) (1,370.00) DTD 03/16/2026 4.302% 03/16/2029

1.53 4.59
BANK OF AMERICA CORP (CALLABLE) 06051GMT3 250,000.00 BOFAML 05/09/28 99.77 249,432.75 (567.25) (567.25) DTD 05/09/2025 4.623% 05/09/2029

1.67 4.77
HOME DEPOT INC (CALLABLE) 437076DC3 120,000.00 MorganSt 05/25/29 100.49 120,587.64 1,361.64 1,059.04 DTD 06/25/2024 4.750% 06/25/2029

2.64 4.57
HOME DEPOT INC (CALLABLE) 437076DC3 125,000.00 HSBC 05/25/29 100.49 125,612.13 1,010.88 854.60 DTD 06/25/2024 4.750% 06/25/2029

2.64 4.57
HOME DEPOT INC (CALLABLE) 437076DC3 125,000.00 MAXE 05/25/29 100.49 125,612.13 980.88 836.23 DTD 06/25/2024 4.750% 06/25/2029

2.64 4.57
AMERICAN EXPRESS CO (CALLABLE) 025816EJ4 265,000.00 TD Secur 07/20/28 99.42 263,462.74 (2,920.56) (2,655.41) DTD 07/25/2025 4.351% 07/20/2029

1.86 4.60
BANK OF NY MELLON CORP (CALLABLE) 06406RBT3 655,000.00 Barclays 10/25/28 103.47 677,760.60 (13,991.45) (8,588.21) DTD 10/25/2023 6.317% 10/25/2029

2.04 4.84
PFM Asset Management, a division of Account 97480000 Page 22 U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Corporate Note
MORGAN STANLEY (CALLABLE) 6174468G7 290,000.00 JPMorgan 01/23/29 98.91 286,826.53 (4,510.37) (4,351.30) DTD 01/23/2019 4.431% 01/23/2030

2.32 5.13
ADOBE INC (CALLABLE) 00724PAD1 80,000.00 INGM 11/01/29 91.94 73,549.68 (1,302.32) (1,829.62) DTD 02/03/2020 2.300% 02/01/2030

3.29 4.83
ADOBE INC (CALLABLE) 00724PAD1 170,000.00 TD Secur 11/01/29 91.94 156,293.07 (2,396.83) (3,679.68) DTD 02/03/2020 2.300% 02/01/2030

3.29 4.83
ADOBE INC (CALLABLE) 00724PAD1 225,000.00 GoldmanS 11/01/29 91.94 206,858.48 (3,179.02) (4,841.43) DTD 02/03/2020 2.300% 02/01/2030

3.29 4.83
BLACKROCK FINANCE INC (CALLABLE) 09247XAQ4 40,000.00 SUSQ 01/30/30 91.92 36,767.00 50.20 (634.41) DTD 01/27/2020 2.400% 04/30/2030

3.48 4.78
BLACKROCK FINANCE INC (CALLABLE) 09247XAQ4 150,000.00 MorganSt 01/30/30 91.92 137,876.25 212.25 (2,344.47) DTD 01/27/2020 2.400% 04/30/2030

3.48 4.78
AMERICAN EXPRESS CO (CALLABLE) 025816ET2 160,000.00 RBC Capi 05/03/29 99.01 158,413.60 (1,586.40) (1,586.40) DTD 05/04/2026 4.444% 05/03/2030

2.55 4.74
JOHN DEERE CAPITAL CORP 24422EYE3 175,000.00 Citigrou 99.34 173,839.05 (1,068.20) (1,088.29) DTD 06/05/2025 4.550% 06/05/2030

3.47 4.74
ANALOG DEVICES INC (CALLABLE) 032654BE4 385,000.00 BOFAML 05/15/30 98.99 381,107.65 (3,553.55) (3,624.39) DTD 06/16/2025 4.500% 06/15/2030

3.47 4.79
NOVARTIS CAPITAL CORP (CALLABLE) 66989HAY4 270,000.00 JPMorgan 10/05/30 97.38 262,915.20 (6,274.80) (6,385.35) DTD 11/05/2025 4.100% 11/05/2030

3.81 4.79
SHELL FINANCE US INC (CALLABLE) 822905AN5 265,000.00 MorganSt 10/06/30 97.59 258,607.14 (5,611.11) (5,716.58) DTD 11/06/2025 4.125% 11/06/2030

3.81 4.76
TOTALENERGI CAP USA LLC (CALLABLE) 89158TAA7 245,000.00 Citigrou 12/13/30 97.66 239,275.09 (5,724.91) (5,724.91) DTD 01/13/2026 4.248% 01/13/2031

3.98 4.84
TOTALENERGI CAP USA LLC (CALLABLE) 89158TAA7 335,000.00 GoldmanS 12/13/30 97.66 327,172.06 (8,866.44) (8,760.50) DTD 01/13/2026 4.248% 01/13/2031

3.98 4.84
ALPHABET INC (CALLABLE) 02079KBK2 160,000.00 JPMorgan 01/15/31 96.94 155,104.00 (4,744.00) (4,756.89) DTD 02/13/2026 4.100% 02/15/2031

3.99 4.86
ALPHABET INC (CALLABLE) 02079KBK2 540,000.00 Jefferie 01/15/31 96.94 523,476.00 (16,270.20) (16,291.41) DTD 02/13/2026 4.100% 02/15/2031

3.99 4.86
AMAZON.COM INC (CALLABLE) 023135DD5 30,000.00 JPMorgan 02/13/31 97.00 29,100.72 (851.28) (854.73) DTD 03/13/2026 4.250% 03/13/2031

4.05 4.98
AMAZON.COM INC (CALLABLE) 023135DD5 235,000.00 GoldmanS 02/13/31 97.00 227,955.64 (6,687.16) (6,712.94) DTD 03/13/2026 4.250% 03/13/2031

4.05 4.98
PFM Asset Management, a division of Account 97480000 Page 23 U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Dated Date/Coupon/Maturity CUSIP Par Broker Date Price Value On Cost Amort Cost at Mkt Security Type/Description Next Call Market Market Unreal G/L Unreal G/L Effective YTM Duration
Corporate Note
NOVARTIS CAPITAL CORP (CALLABLE) 66989HBG2 250,000.00 JPMorgan 02/18/31 98.32 245,788.00 (4,112.00) (4,118.70) DTD 03/18/2026 4.400% 03/18/2031

4.05 4.81
CATERPILLAR FINL SERVICE 14913V2D9 215,000.00 MUFG 98.59 211,969.58 (2,735.87) (2,747.35) DTD 05/15/2026 4.500% 05/15/2031

4.22 4.83
MASTERCARD INC (CALLABLE) 57636QBL7 210,000.00 StifelNi 05/08/31 98.93 207,757.41 (2,437.89) (2,433.18) DTD 06/08/2026 4.600% 06/08/2031

4.25 4.85
MASTERCARD INC (CALLABLE) 57636QBL7 325,000.00 JPMorgan 05/08/31 98.93 321,529.33 (3,210.67) (3,217.58) DTD 06/08/2026 4.600% 06/08/2031

4.25 4.85
NVIDIA CORP (CALLABLE) 67066GAR5 365,000.00 GoldmanS 05/15/31 97.87 357,220.03 (7,086.47) (7,102.55) DTD 06/18/2026 4.500% 06/15/2031

4.28 5.00
AMAZON.COM INC (CALLABLE) 023135EC6 530,000.00 JPMorgan 06/09/31 99.05 524,972.42 (4,354.48) (4,364.01) DTD 07/09/2026 4.800% 07/09/2031

4.31 5.02
ACCENTURE CAPITAL INC (CALLABLE) 00440KAG8 265,000.00 TD Secur 06/10/31 99.56 263,836.12 (1,465.98) (1,463.70) DTD 07/10/2026 5.000% 07/10/2031

4.29 5.10
ACCENTURE CAPITAL INC (CALLABLE) 00440KAG8 380,000.00 BOFAML 06/10/31 99.56 378,331.04 (1,619.56) (1,621.24) DTD 07/10/2026 5.000% 07/10/2031

4.29 5.10
Security Type Sub-Total 12,920,000.00 12,768,563.38 (146,153.57) (146,934.60) 2.85 4.78 Bank Note
TRUIST BANK (CALLABLE) 89788JAH2 265,000.00 RBC Capi 10/23/28 98.52 261,075.35 (3,010.40) (3,167.25) DTD 10/23/2025 4.136% 10/23/2029

2.08 4.77
TRUIST BANK (CALLABLE) 89788JAH2 265,000.00 WellsFar 10/23/28 98.52 261,075.35 (3,010.40) (3,129.33) DTD 10/23/2025 4.136% 10/23/2029

2.08 4.77
MORGAN STANLEY PVT BANK (CALLABLE) 61776NU43 250,000.00 CIDLY 02/08/29 98.31 245,786.25 (4,156.25) (4,163.55) DTD 02/02/2026 4.213% 02/08/2030

2.33 4.80
MORGAN STANLEY PVT BANK (CALLABLE) 61776NU43 285,000.00 MorganSt 02/08/29 98.31 280,196.33 (4,803.67) (4,803.67) DTD 02/02/2026 4.213% 02/08/2030

2.33 4.80
CITIBANK NA (CALLABLE) 17325FBP2 250,000.00 Citigrou 04/29/30 100.15 250,374.25 374.25 374.25 DTD 05/29/2025 4.914% 05/29/2030

3.39 4.87
Security Type Sub-Total 1,315,000.00 1,298,507.53 (14,606.47) (14,889.55) 2.43 4.80 Managed Account Sub-Total 54,219,815.50 53,302,004.03 (220,433.90) (520,368.19) 2.49 4.47 PFM Asset Management, a division of Account 97480000 Page 24 U.S. Bancorp Asset Management, Inc.

Managed Account Fair Market Value & Analytics For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Total Investments $53,754,529.27
$452,525.24
$53,302,004.03
Accrued Interest
Securities Sub-Total $54,219,815.50 ($220,433.90) ($520,368.19) 2.49 4.47% PFM Asset Management, a division of Account 97480000 Page 25 U.S. Bancorp Asset Management, Inc.

Managed Account Security Transactions & Interest For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method
BUY
07/09/26 FHMS K113 A2
DTD 08/01/2020 1.341% 06/01/2030
07/06/26 3137FV5N8 600,000.00 (534,656.25) (178.80) (534,835.05) 07/09/26 AMAZON.COM INC (CALLABLE)
DTD 07/09/2026 4.800% 07/09/2031
07/07/26 023135EC6 530,000.00 (529,326.90) 0.00 (529,326.90) 07/09/26 US TREASURY N/B
DTD 04/30/2024 4.625% 04/30/2031
07/08/26 91282CKN0 155,000.00 (157,131.25) (1,363.62) (158,494.87) 07/10/26 ACCENTURE CAPITAL INC (CALLABLE)
DTD 07/10/2026 5.000% 07/10/2031
07/08/26 00440KAG8 380,000.00 (379,950.60) 0.00 (379,950.60) 07/10/26 ACCENTURE CAPITAL INC (CALLABLE)
DTD 07/10/2026 5.000% 07/10/2031
07/09/26 00440KAG8 265,000.00 (265,302.10) 0.00 (265,302.10) Transaction Type Sub-Total 1,930,000.00 (1,866,367.10) (1,542.42) (1,867,909.52)

INTEREST
07/01/26 MONEY MARKET FUND
DTD 01/01/2010 0.000% --
07/01/26 MONEY0002 0.00 826.43 826.43
07/01/26 LOS ANGELES UN SD-B
DTD 11/10/2021 1.455% 07/01/2026
07/01/26 544647FC9 0.00 1,091.25 1,091.25
07/01/26 LOS ANGELES UNIF SD-B
DTD 05/13/2025 4.423% 07/01/2028
07/01/26 544647KY5 0.00 2,653.80 2,653.80
07/25/26 FHMS K070 A2
DTD 12/01/2017 3.303% 11/01/2027
07/01/26 3137FCJK1 0.00 701.89 701.89
07/25/26 FNA 2018-M2 A2
DTD 02/01/2018 2.928% 01/01/2028
07/01/26 3136B0YM2 0.00 1,114.32 1,114.32
07/25/26 FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
07/01/26 3137HDV56 0.00 1,553.67 1,553.67
07/25/26 FHMS K551 A2
DTD 12/01/2025 4.165% 11/01/2030
07/01/26 3137HNWV6 0.00 1,162.73 1,162.73
07/25/26 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
07/01/26 3137HAQ74 0.00 1,797.25 1,797.25
07/25/26 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
07/01/26 3137HBLV4 0.00 1,905.00 1,905.00
07/25/26 FHMS K124 A1
DTD 02/01/2021 0.964% 08/01/2030
07/01/26 3137F9CR0 0.00 403.25 403.25
PFM Asset Management, a division of Account 97480000 Page 26 U.S. Bancorp Asset Management, Inc.

Managed Account Security Transactions & Interest For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method

INTEREST
07/25/26 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
07/01/26 3137HB3G7 0.00 1,073.25 1,073.25
07/25/26 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
07/01/26 3137HACX2 0.00 1,875.90 1,875.90
07/25/26 FNA 2026-M11 2A2
DTD 05/01/2026 4.250% 05/01/2031
07/01/26 3136G5V64 0.00 1,363.54 1,363.54
07/25/26 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
07/01/26 3137HAD45 0.00 1,434.05 1,434.05
07/25/26 FHMS K079 A2
DTD 08/01/2018 3.926% 06/01/2028
07/01/26 3137FGZT5 0.00 1,799.42 1,799.42
07/25/26 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
07/01/26 3137HAMH6 0.00 1,821.25 1,821.25
07/25/26 FHMS K074 A2
DTD 03/01/2018 3.600% 01/01/2028
07/01/26 3137F4D41 0.00 1,481.66 1,481.66
07/25/26 FHMS K112 A2
DTD 07/01/2020 1.311% 05/01/2030
07/01/26 3137FUZV9 0.00 655.50 655.50
07/25/26 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
07/01/26 3137HBC69 0.00 993.86 993.86
07/25/26 FHMS K528 A2
DTD 09/01/2024 4.508% 07/01/2029
07/01/26 3137HFNZ4 0.00 1,878.33 1,878.33
07/25/26 FHMS K529 A2
DTD 10/01/2024 4.791% 09/01/2029
07/01/26 3137HH6C0 0.00 1,177.79 1,177.79
07/25/26 FNA 2023-M6 A2
DTD 07/01/2023 4.172% 07/01/2028
07/01/26 3136BQDE6 0.00 1,511.55 1,511.55
07/25/26 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
07/01/26 3137HAST4 0.00 1,374.17 1,374.17
07/25/26 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
07/01/26 3137HDXL9 0.00 1,665.77 1,665.77
07/25/26 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
07/01/26 3137HB3D4 0.00 739.23 739.23
07/25/26 FHMS K082 A2
DTD 10/01/2018 3.920% 09/01/2028
07/01/26 3137FJKE8 0.00 1,796.67 1,796.67
07/25/26 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
07/01/26 3137HAMS2 0.00 1,820.00 1,820.00
PFM Asset Management, a division of Account 97480000 Page 27 U.S. Bancorp Asset Management, Inc.

Managed Account Security Transactions & Interest For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method

INTEREST
07/25/26 FHMS K749 A2
DTD 05/01/2022 2.120% 03/01/2029
07/01/26 3137H74P5 0.00 971.67 971.67
07/25/26 FHMS K088 A2
DTD 03/01/2019 3.690% 01/01/2029
07/01/26 3137FKZZ2 0.00 1,629.75 1,629.75
07/10/26 UBS AG STAMFORD CT (CALLABLE)
DTD 01/10/2025 4.864% 01/10/2028
07/10/26 90261AAD4 0.00 6,080.00 6,080.00
07/13/26 TOTALENERGI CAP USA LLC
(CALLABLE)
DTD 01/13/2026 4.248% 01/13/2031
07/13/26 89158TAA7 0.00 12,319.20 12,319.20
07/15/26 INTL FINANCE CORP
DTD 12/06/2023 4.375% 01/15/2027
07/15/26 45950KDF4 0.00 5,141.80 5,141.80
07/20/26 AMERICAN EXPRESS CO (CALLABLE)
DTD 07/25/2025 4.351% 07/20/2029
07/20/26 025816EJ4 0.00 5,765.08 5,765.08
07/23/26 JPMORGAN CHASE & CO (CALLABLE)
DTD 01/23/2024 5.040% 01/23/2028
07/23/26 46647PEA0 0.00 5,040.00 5,040.00
07/23/26 MORGAN STANLEY (CALLABLE)
DTD 01/23/2019 4.431% 01/23/2030
07/23/26 6174468G7 0.00 6,424.95 6,424.95
07/26/26 PNC FINANCIAL SERVICES (CALLABLE)
DTD 01/26/2026 4.075% 01/26/2029
07/26/26 693475CG8 0.00 4,278.75 4,278.75
07/31/26 US TREASURY N/B
DTD 01/31/2024 4.000% 01/31/2031
07/31/26 91282CJX0 0.00 9,500.00 9,500.00
07/31/26 US TREASURY N/B
DTD 01/31/2023 3.500% 01/31/2028
07/31/26 91282CGH8 0.00 7,875.00 7,875.00
07/31/26 US TREASURY N/B
DTD 07/31/2025 3.875% 07/31/2030
07/31/26 91282CNN7 0.00 18,018.75 18,018.75
07/31/26 US TREASURY N/B
DTD 08/01/2022 2.750% 07/31/2027
07/31/26 91282CFB2 0.00 6,875.00 6,875.00
07/31/26 US TREASURY N/B
DTD 08/02/2021 1.000% 07/31/2028
07/31/26 91282CCR0 0.00 375.00 375.00
Transaction Type Sub-Total 0.00 127,966.48 127,966.48

MATURITY
07/01/26 LOS ANGELES UN SD-B
DTD 11/10/2021 1.455% 07/01/2026
07/01/26 544647FC9 150,000.00 150,000.00 0.00 150,000.00 0.00 0.00 PFM Asset Management, a division of Account 97480000 Page 28 U.S. Bancorp Asset Management, Inc.

Managed Account Security Transactions & Interest For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method

MATURITY
07/07/26 TREASURY BILL
DTD 03/10/2026 0.000% 07/07/2026
07/07/26 912797UN5 90,000.00 90,000.00 0.00 90,000.00 62.84 0.00 Transaction Type Sub-Total 240,000.00 240,000.00 0.00 240,000.00 62.84 0.00

PAYDOWNS
07/25/26 FNA 2023-M6 A2
DTD 07/01/2023 4.172% 07/01/2028
07/01/26 3136BQDE6 10,971.33 10,971.33 0.00 10,971.33 186.00 77.14 07/25/26 FNA 2018-M2 A2
DTD 02/01/2018 2.928% 01/01/2028
07/01/26 3136B0YM2 636.20 636.20 0.00 636.20 18.04 10.40 07/25/26 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
07/01/26 3137HAD45 124,606.37 124,606.37 0.00 124,606.37 3.12 1.26 07/25/26 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
07/01/26 3137HBC69 1,356.63 1,356.63 0.00 1,356.63 0.01 0.00 07/25/26 FHMS K124 A1
DTD 02/01/2021 0.964% 08/01/2030
07/01/26 3137F9CR0 9,629.24 9,629.24 0.00 9,629.24 641.70 574.14 07/25/26 FHMS K074 A2
DTD 03/01/2018 3.600% 01/01/2028
07/01/26 3137F4D41 966.22 966.22 0.00 966.22 32.65 15.35 07/25/26 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
07/01/26 3137HACX2 929.98 929.98 0.00 929.98 (9.29) (3.74) Transaction Type Sub-Total 149,095.97 149,095.97 0.00 149,095.97 872.23 674.55 SELL
07/07/26 US TREASURY N/B
DTD 06/01/2020 0.500% 05/31/2027
07/06/26 912828ZS2 260,000.00 251,946.09 131.42 252,077.51 22,232.03 569.17 FIFO 07/09/26 AMAZON.COM INC (CALLABLE)
DTD 03/13/2026 4.250% 03/13/2031
07/07/26 023135DD5 270,000.00 264,492.00 3,697.50 268,189.50 (5,076.00) (5,102.29) FIFO 07/09/26 ELI LILLY & CO (CALLABLE)
DTD 05/20/2026 4.375% 05/20/2031
07/07/26 532457DL9 240,000.00 237,494.40 1,429.17 238,923.57 (2,248.80) (2,255.89) FIFO 07/09/26 ELI LILLY & CO (CALLABLE)
DTD 08/14/2024 4.200% 08/14/2029
07/08/26 532457CQ9 80,000.00 79,406.40 1,353.33 80,759.73 (418.40) (480.98) FIFO 07/09/26 NOVARTIS CAPITAL CORP (CALLABLE)
DTD 11/05/2025 4.100% 11/05/2030
07/08/26 66989HAY4 200,000.00 195,604.00 1,457.78 197,061.78 (3,796.00) (3,871.09) FIFO PFM Asset Management, a division of Account 97480000 Page 29 U.S. Bancorp Asset Management, Inc.

Managed Account Security Transactions & Interest For the Month Ending July 31, 2026 CITY OF YORBA LINDA - 97480000
Transaction Type
Trade Settle Security Description CUSIP Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method
SELL
07/09/26 US TREASURY N/B
DTD 06/01/2020 0.500% 05/31/2027
07/08/26 912828ZS2 190,000.00 184,047.66 101.23 184,148.89 16,179.69 310.72 FIFO 07/09/26 ALPHABET INC (CALLABLE)
DTD 02/13/2026 4.100% 02/15/2031
07/08/26 02079KBK2 105,000.00 102,629.10 1,745.92 104,375.02 (2,271.15) (2,278.50) FIFO 07/10/26 META PLATFORMS INC (CALLABLE)
DTD 11/03/2025 4.200% 11/15/2030
07/09/26 30303MAB8 265,000.00 259,170.00 1,700.42 260,870.42 (6,728.35) (6,620.37) FIFO Transaction Type Sub-Total 1,610,000.00 1,574,789.65 11,616.77 1,586,406.42 17,873.02 (19,729.23) Managed Account Sub-Total 97,518.52 138,040.83 235,559.35 18,808.09 (19,054.68) Total Security Transactions $97,518.52 $138,040.83 $235,559.35 $18,808.09 ($19,054.68) PFM Asset Management, a division of Account 97480000 Page 30 U.S. Bancorp Asset Management, Inc.

PUBLIC WORKS DEPARTMENT
DATE: OCTOBER 20, 2026
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: JAMIE LAI, P.E., DIRECTOR OF PUBLIC WORKS/CITY ENGINEER PREPARED BY: COLIN TSUI, P.E., ASSOCIATE CIVIL ENGINEER SUBJECT: APPROVE THE SUBDIVISION IMPROVEMENT AGREEMENT AND ACCEPT SECURITIES FOR TENTATIVE TRACT MAP 19389

RECOMMENDATION

1. Approve the Subdivision Improvement Agreement with Beazer Home Holdings, LLC. for Tentative Tract Map 19389

2. Accept the securities from Berkley Insurance Company for the grading bond, public improvement bond and monumentation bond.

DISCUSSION
Tentative Tract Map 19389 is a 62-unit condominium project at 19081 Yorba Linda Boulevard. Originally planned by City Ventures, Beazer Homes purchased the project.

The Subdivision Improvement Agreement requires Beazer Homes to provide securities to guarantee the improvements supporting its development are completed. The work includes grading, rebuilding the sidewalk, driveway, median, curb and gutter, and repaving Yorba Linda Boulevard adjacent to the project.

Security Provider Amount
Grading Bond Berkley Insurance Company $986,000
Public Improvement Bond Berkley Insurance Company $246,000 Monumentation Bond Berkley Insurance Company $5,000
If Beazer Homes defaults on these obligations, the City could call on the bonds to fund completion of the work.

S U B D I V I S I O N I M P R O V E M E N T A G R E E M E N T P a g e | 2

FISCAL IMPACT
None.

ALTERNATIVES
Do not approve the recommendations and provide alternative direction.

ATTACHMENTS

1. Vicinity Map

2. Tentative Tract Map 19389

3. Subdivision Improvement Agreement

4. Grading Bond

5. Public Improvement Bond

6. Monumentation Bond

ATTACHMENT 1 - VICINITY MAP VICINITY MAP
19081 Yorba Linda Blvd

YORBA LINDA BLVD
OHIO Page 100 of 189

BOND NO. 0280326
INITIAL PREMIUM: $1,230.00

SUBJECT TO RENEWAL

CITY OF YORBA LINDA

PERFORMANCE BOND FOR PUBLIC IMPROVEMENTS
KNOW ALL MEN BY THESE PRESENTS:

WHEREAS the City of Yorba Linda, California ("City") conditionally approved a tentative Parcel/Tract Map submitted by Beazer Homes Holdings, LLC, a Delaware limited liability company ("Principal"), identified in City records as Parcel/Tract Map No. 19389(“Parcel/Tract Map No. 19389”). The City imposed various Conditions of Approval for Parcel/Tract Map No. 19389 that require the Principal to perform certain work consisting of, but not limited to, the furnishing all labor, materials, tools, equipment, services, and incidentals for all Public Street Improvements for all portions of Parcel/Tract Map No. 19389 ("Public Improvements");
WHEREAS, the Public Improvements to be performed by Principal are more particularly set forth in the Conditions of Approval for Parcel/Tract Map No.

No.19389 in Resolution No. 2026-5974 ("Conditions of Approval"); WHEREAS, the Conditions of Approval are hereby referred to and incorporated herein by reference; and
WHEREAS, Principal is required by the Conditions of Approval to provide a good and sufficient bond for performance of the Conditions of Approval, and to guarantee and warranty the Public Improvements constructed thereunder.

NOW, THEREFORE, Principal and Berkley Insurance Company ("Surety"), a corporation organized and existing under the laws of the State of Delaware, and duly authorized to transact business under the laws of the State of California, are held and firmly bound unto City in the sum of Two Hundred Forty-six Thousand and 00/100 DOLLARS ($246,000.00), said sum being not less than one hundred percent (100%) of the total cost of the Public Improvements as estimated by the Principal and verified by the City, we bind ourselves, our heirs, executors and administrators, successors and assigns, jointly and severally, firmly by these presents.

THE CONDITION OF THIS OBLIGATION is such, that if Principal, his or its heirs, executors, administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep and perform the covenants, conditions, agreements, guarantees, and warranties in the provisions in the Conditions of Approval pertaining to the Public Improvements to be kept and performed at the time and in the manner therein specified and in all respects according to their intent and meaning, then this obligation shall become null and void; otherwise it shall be and remain in full force and effect.

FINANCE DEPARTMENT
DATE: OCTOBER 20, 2026
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: DONNA MULLALLY, FINANCE DIRECTOR/CITY TREASURER
SUBJECT: APPROVE CONTINUING APPROPRIATIONS AND TRANSFERS FROM FY 2025-26 TO FY 2026-27

RECOMMENDATION

1. Appropriate $4,356,632 in FY 2026-27 for the carryover of encumbrances on June 30, 2026, as detailed in Attachment 1.

2. Authorize a budget amendment to increase the Valley View Golf Cart Crossing project by $16,000.

3. Authorize capital project transfers totaling $8,412,073, as detailed in Attachment 2 to support carryover appropriations.

SUMMARY
The recommendations authorize the carryover of outstanding FY 2025-26 purchase order encumbrances into FY 2026-27 and approve operating transfers necessary to support remaining capital project budgets. These adjustments will allow previously approved purchases and ongoing capital projects to be completed without impacting the FY 2026-27 operating budget.

DISCUSSION
At the end of each fiscal year, some purchases are still in progress that began during the year but could not be completed. The appropriations for those purchases lapse at fiscal year-end unless the City Council reestablishes the appropriations in the new fiscal year.

Open purchases orders are evaluated, and those still in progress are recommended for reappropriation in the new fiscal year.

Additionally, capital projects, which are budgeted as multi-year projects, are often funded by transfers from other operating funds such as Gas Tax, Measure M2, and the Special Reserve Fund. These interfund transfers are budgeted annually and are recommended to be adjusted to match remaining project budgets as of June 30, 2026.

APPROPRIATIONS AND TRANSFERS FROM FY 2025-26 TO FY 2026-27 P a g e | 2
These transfers do not represent any new appropriations, except for a recommended transfer of $16,000 from the Black Gold Golf Club Fund to the Capital Projects Fund for the Valley View Golf Cart Crossing project. The project will install new rectangular rapid-flashing beacons, signs, and pavement markings to improve pedestrian safety. The increase is needed because the lowest responsive bid of $39,295, plus a 15% contingency, exceeds the current budget of $30,000.

FISCAL IMPACT
The recommended carryover of encumbrances represents previously approved purchases from the FY 2025-26 Budget. The FY 2026-27 Budget is not impacted because these purchases were previously appropriated and expected to be expended prior to June 30, 2026.

ALTERNATIVES
Do not approve the recommendations and provide alternative direction.

ATTACHMENTS

1. Carryover Encumbrances from FY 2025-26 to FY 2026-27

2. Capital Project Transfers – FY 2026-27

CITY OF YORBA LINDA

CARRYOVER ENCUMBRANCES
From Fiscal Year 2025-26 to Fiscal Year 2026-27
Account Number PO # Vendor Name Description Carryover AmountGENERAL FUND (101)1010120-433950 25261539 REGIONAL GOVERNMENT SERVICES Professional services - Human Resources 47,438.50 $ 1010130-424150 25260565 CANON USA INC Canon MFP Usage 1,736.791010130-427350 25260565 CANON USA INC ImageForce Fleet Lease 2,506.621010130-431900 25260630 GEOGRAPHIC TECHNOLOGIES GROUP ArcGIS Enterprise Support Hours 6,445.501010130-431900 25260975 GEOGRAPHIC TECHNOLOGIES GROUP ArcGIS integration with Accela 571.00 1010130-431890 25261314 INTEGRATED MEDIA SYSTEMS Cablecast Gold Support 2,880.00 1010130-461120 25261314 INTEGRATED MEDIA SYSTEMS CableCast VIOLITE Omnia 11,820.14 1010130-461120 25261358 AMS.NET, LLC. Town Center Parking Structure Camera Project 382.28 1010130-461120 25261476 COLORID, LLC Magicard 300 Duo Badge Printer 1,242.101010130-431900 25260260 TRUE POINT SOLUTIONS LLC Accela Professional Services 6,765.00 1010130-431900 25260260 TRUE POINT SOLUTIONS LLC Accela Code Enforcement Enhancements 9,157.50 1010130-433950 25260647 TYLER TECHNOLOGIES INC Custom Report Writing for Payroll 8,000.00 1010150-431070 25261652 BORDIN SEMMER LLP Legal Services 3,660.751010220-431930 25260864 SAGECREST PLANNING & ENVIRONM Professional Services Agreement 4,857.50 1010310-431480 25261563 NINYO & MOORE Lakeview Avenue Project - testing services 3,581.25 1010320-431450 25260378 ITERIS Traffic and Transportation Engineering Svcs 3,616.03 1010330-461050 25261230 WINNER CHEVROLET INC Replacement truck with utility 63,703.011010475-432050 25260431 STERLING OC ENTERPRISES LLC Contracted AV Technician 14,150.00 1010600-433950 25260954 RAEL & LETSON OPEB Valuation 5,600.001010600-431010 25260212 ROGERS ANDERSON MALODY & SCOT Auditing Services 4,990.00 1010600-433950 25260761 REGIONAL GOVERNMENT SERVICES Professional services - Payroll 7,166.40 $ 210,270.37
LANDSCAPE MAINTENANCE FUND (201)2010350-431480 25260662 WILLDAN FINANCIAL SERVICES Assessment Engineering 15,000.00 $ $ 15,000.00
PEG ACCESS FUND (210)2101000-461120 25261314 INTEGRATED MEDIA SYSTEMS CableCast VIOLITE Omnia 5,825.79 2101000-431820 25261442 TRIPEPI SMITH & ASSOCIATES IN State of the City videography services 19,751.87 $ 25,577.66

CITY OF YORBA LINDA

CARRYOVER ENCUMBRANCES
From Fiscal Year 2025-26 to Fiscal Year 2026-27
Account Number PO # Vendor Name Description Carryover Amount CAPITAL PROJECTS (401)4010050-461670 23240936 KIMLEY-HORN AND ASSOC INC Storm Drain design and restoration services 31,695.50 $ 4010050-461670 24250182 WEST COAST SAND & GRAVEL INC Compost transportation services 7,175.00 4010050-461670 24251675 ECOLOGY AUTO PARTS INC Compost transportation services 18,079.704010050-461620 22230429 BKF ENGINEERS Yorba Linda Blvd Improvements 32,190.664010050-461630 22231926 ITERIS Traffic engineering 298,512.694010050-461620 23240631 MARK THOMAS & COMPANY INC Yorba Linda Boulevard Widening 492,845.424010050-461630 23240986 URBAN CROSSROADS INC Transportation Impact Fee 1,395.00 4010050-461620 24250292 DAVID EVANS & ASSOCIATES INC Lakeview Ave Widening 88,144.684010050-461640 24250855 BGB DESIGN GROUP INC Village Center Drive design services 4,640.004010050-461620 24250857 MICHAEL BAKER INTERNATIONAL Environmental documentation - Savi Ranch 51,481.78 4010050-461640 24250859 BGB DESIGN GROUP INC Hidden Hills/Bryant Ranch design services 9,800.004010050-461630 25260287 CROSSTOWN ELECTRICAL & DATA Traffic synchronization project 1,135,721.15 4010050-461620 25260502 PSOMAS Environmental and Engineering design 24,819.90 4010050-461620 25260663 NCE Annual Pavement Preservation (Zone 7B) FY25 10,329.48 4010050-461620 25260760 NCE 2026 Citywide Pavement Management 2,680.644010050-461620 25260857 CT&T CONCRETE PAVING INC. CT&T- Lakeview Widening Project 661,277.144010050-461620 25260858 FOUNTAINHEAD CONSULTING CORPO Lakeview Ave Widening Project 20,211.504010050-461650 25261032 BIG BEN INC Black Gold Golf Course Storm Drain 591,751.104010050-461650 25261054 J&E CONSTRUCTION CORPORATION Lemon Dr/Imperial Storm Drain repair 2,607.964010050-461630 25261058 FORTEL TRAFFIC INC Repair/Maintenance of speed feedback signs 1,046.294010050-461620 25261059 MONUMENT ROW Savi Ranch Widening Right of Way 37,470.024010050-461650 25261125 H W LOCHNER INC CM Material Testing Inspection 35,427.384010050-461640 25261273 BRAVO SIGN AND DESIGN INC Hidden Hills Monument 25,565.004010050-461630 25261591 ITERIS Traffic & Transportation Services 20,000.004010050-461630 25261663 CITY OF ORANGE Tustin Rose TSSP Partner Agency Invoices 21,524.004010050-461620 25261749 GMU GEOTECHNICAL INC APPP (Zone 7B) material testing 51,297.00 4010050-461620 25261758 LOCAL AGENCY ENGINEERING ASSOC APPP (Zone 7B) construction & inspection 178,960.004010050-461610 23240718 FBA ENGINEERING Lighting retrofit design 1,200.004010050-461610 24251541 D3 DEVELOPMENT GROUP City Hall exterior soffit renovation 14,797.114010050-461610 25261291 HARRIS & ASSOCIATES INC Retaining Wall Design at Susanne Bixby Bryant 72,302.504010050-461660 25260826 A O REED & CO LLC HVAC duct replacement at BGGC 8,744.804010050-461660 25261613 PROCON DEVELOPMENT, INC. Black Gold Golf Club Walk-in Cooler 152,090.50 $ 4,105,783.90$ 4,356,631.93

From Fund To Fund Amount
101 General Fund 401 Capital Projects 55,415
102 Special Reserve 401 Capital Projects 1,419,252
211 Gas Tax 401 Capital Projects 1,790,317
212 Measure M 401 Capital Projects 3,023,139
213 Road Maintenance and Rehabilitation 401 Capital Projects 1,775,287 404 Traffic Mitigation 401 Capital Projects 132,663
405 Traffic Signal Improvement Fund 401 Capital Projects 200,000 501 Black Gold Golf Course 401 Capital Projects 16,000
8,412,073

CITY OF YORBA LINDA

CAPITAL TRANSFERS
FY 2026-27

ADMINISTRATION DEPARTMENT
DATE: OCTOBER 20, 2026
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: PETER GRANT, CITY MANAGER
SUBJECT: RECEIVE AN UPDATE ON THE STRATEGIC PLAN SIX-MONTH

OBJECTIVES

RECOMMENDATION
Receive an update on the Strategic Plan six-month objectives.

DISCUSSION
The Strategic Plan establishes major goals and objectives for the City. It provides the principal guidance for the preparation of the budget and a plan for implementation and accountability. The Strategic Plan is among the City Council's most effective tools to improve services and preserve Yorba Linda’s exceptional quality of life.

The City Council adopted the Strategic Plan in August 2026 and established a Strategic Planning Cycle that reports progress on the objectives every two months. The first progress report is attached. The report will typically document when an objective is complete, has a significant schedule change, or noteworthy milestone. Objectives without a progress report are on time and on budget.

October 20, 2026, highlights include:
 The OCFA Board will consider awarding the design-build contract for Fire Station 10 at its October 22 meeting
 In August, the Strategic Goal to Invest in parks, trails, facilities and infrastructure omitted an objective to: Create and publicize a map of City trails optimized for mobile devices with a target completion date of November 30, 2026  The City is on schedule to fill the Human Resources and Innovation Director position before Thanksgiving. Resolving this vacancy will result in a fully staffed City executive team for the first time since January

FISCAL IMPACT
None.

RECEIVE AN UPDATE ON THE STRATEGIC PLAN SIX-MONTH OBJECTIVES P a g e | 2

ALTERNATIVES
Do not approve the recommendation and provide alternative direction.

ATTACHMENTS

1. Strategic Plan Objectives

COMMUNITY ENGAGEMENT
Promote civic engagement and participation in local decision-making.

LEADER OBJECTIVE BY WHEN PROGRESS
City Clerk, City Atty,
City Manager
City Clerk
City Clerk + Directors
CD Director
City Manager
City Clerk
City Manager
Complete
Nov 17, 2026
Oct 28, 2026
Dec 15, 2026
Dec 31, 2026
FUTURE
Jan 2027
FUTURE
May 2027
Update City Council and Commission meeting
formats and agendas to comply with new
State requirements
Update the Commission recruitment process
and manual
Begin the transition to paperless Commission
meetings
Review temporary commercial/campaign
signs regulations and recommend
improvements
Evaluate the 311 MyCivic app and Notify Me
tool and potentially recommend
enhancements
Begin the transition to paperless City Council
meetings
Recommend a community satisfaction survey
as part of the FY 2027-29 Recommended
Budget
Planning
Commission pilot
underway
City Manager Complete
Hold a community conversation about the
future of the City-owned West Bastanchury
property adjacent to Vista del Verde Park
October 15, 2026
1

ECONOMIC VITALITY
Ensure long-term prosperity by expanding economic activity and supporting local businesses.

Deputy City Manager
P&R Director
Deputy City Manager
Deputy City Manager
CD Director
Nov 10, 2026
Dec 1, 2026
Dec 31, 2026
FUTURE
March 30, 2027
FUTURE
May 2027
Launch the inaugural session of Yorba Linda
Small Business University
Initiate a long-range plan and capital
investment strategy for Black Gold Golf Club
Review progress and options to support Main
Street revitalization with the Economic
Development subcommittee
Recommend a process for reimagining Savi
Ranch to ensure its ongoing economic vitality
Recommend an online plan submittal system
with AI plan check capabilities as part of the FY
2027-29 Recommended Budget

LEADER OBJECTIVE BY WHEN PROGRESS
CC approved
program on July 21
October 15, 2026
2

FINANCIAL STABILITY
Sustain and enhance the City’s long-term financial position.

Finance Director
Finance Director
Finance Director
Finance Director
Finance Director
Finance Director
Nov 17, 2026
Dec 31, 2026
Complete
Jan 8, 2027
FUTURE
May 2027
FUTURE
May 2027
Conduct a City Council workshop regarding
strategies to address pension and retiree
health liabilities
Assess the City’s financial system’s
capabilities as the first phase of preparing a
citywide training program and continuity plan
Recommend a budgeting system for
FY 2027-29
Issue a Request for Proposals for a new audit
firm
Develop a performance measurement system
as part of the 2027-29 Budget
Recommend updates to the Reserve Policy as
part of the FY 2027-29 Recommended Budget

LEADER OBJECTIVE BY WHEN PROGRESS
October 15, 2026
3

INFRASTRUCTURE INVESTMENT
Invest in parks, trails, facilities, and infrastructure.

PW Director
PW Director
PW Director
PW Director
Ongoing
Ongoing
Complete
Dec 31, 2026
Recommend strategies to address the rising costs
of maintaining City streets in good condition to the
Finance subcommittee
Complete Savi Ranch widening right-of-way
acquisition
Conduct video assessments of Phase 1 storm
drains (at-risk)
Expand the grant identification database from
PW to all departments

LEADER OBJECTIVE BY WHEN PROGRESS
PW Director + City
Manager Nov 30, 2026 Create and publicize a map of City trails optimized for mobile devices
FC met Sept 28;
next meeting in
mid-Dec
October 15, 2026
4

PUBLIC SAFETY
Ensure a safe community through continued public safety and emergency preparedness efforts.

OCSD
OCSD + City Manager
City Manager
OCSD + Library Dir
OCSD + City Manager
P&R Director
OCSD + PR Director
City Manager + CD Dir
CD Director
OCSD + City Manager
Complete
Complete
Complete
Nov 3, 2026
Nov 3, 2026
Complete
Ongoing
Ongoing
FUTURE
Feb 2027
FUTURE
May 2027
Eight summertime
enforcements
completed
Conduct summer e-bike enforcement on trails
Deliver e-bike education at middle schools
Incorporate vendors into the annual
community fire season preparedness meeting
Conduct active shooter response training at
YL Public Library
Conduct safety training for employees
Install anti-climb fencing at the YL Town
Center parking structure
Implement OCSD security recommendations
at city facilities and include funding in the FY
2027-29 Recommended Budget
Support OCFA’s replacement of
Fire Station 10
Improve/accelerate the annual weed
abatement process to ensure it is complete
before the start of summer and recommend
strategies to address noncompliant properties
Develop an anti-impaired driving program at
YLHS with PYLUSD

LEADER OBJECTIVE BY WHEN PROGRESS
Construction
contract to OCFA
Board on Oct 22
October 15, 2026
5

QUALITY OF LIFE
Preserve, protect, and advance Yorba Linda’s quality of life through exceptional service delivery, high quality programs, and innovation.

CD Dir + Finance Dir +
City Manager
City Manager + City Clerk
City Manager
P&R Director
Library Director
CD Dir + PW Dir
Dec 31, 2026
Dec 31, 2026
Complete
Dec 15, 2026
Dec 15, 2026
FUTURE
May 2027
Recommend a plan to integrate the City’s
development permit and financial systems to
the City Manager
Recommend an electronic document and
contract management and approval system
Conduct the HR and Innovation Director
recruitment
Recommend adjustments to the pickleball court
reservation system at Las Palomas Park
Recommend an agreement for a new
Integrated Library System
Recommend an electronic plan submittal
system as part of the FY 2027-29
Recommended Budget

LEADER OBJECTIVE BY WHEN PROGRESS
City Manager Recommend a City technology master plan as part of the FY 2027-29 Recommended Budget
FUTURE
May 2027
October 15, 2026
6 HRI Director will
start in Nov

CITY CLERK'S OFFICE
DATE: OCTOBER 20, 2026
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: CAROLINA TORRES, MMC, INTERIM CITY CLERK
SUBJECT: CITY COUNCIL COMMITTEE AND AGENCY REPORTS

RECOMMENDATION
Receive and file this report.

DISCUSSION
City Council members serve on a number of outside committees and agencies. Attached are updates received recently from these agencies.

ATTACHMENTS

1. Reports from City Council Organizations, Agencies and Committees

MONTHLY REPORT:

September
Monthly Year to Date (YTD) County Monthly County YTD
Service Requests Completed 21 125 1076 4,367
Mosquitoes 21 119 1039 3,920
Rats 0 3 1 271
RIFA 0 3 17 103
Number of Swimming Pools Inspected/Treated 18 189 574 6,818 Hours Spent Treating/Inspecting Gutters 27.83 137 1111.35 4,955.4 Acres of Flood Channels Treated 0.05 0.2 113.0462 434.3522 Acres Treated for RIFA 38 795 1,328 17,435
IT (inspection/treatment) Sites Serviced 20 313 1,315 12,659 Adult Mosquitoes Collected 28 454 29,629 222,793
Mosquito Pools (Samples) Tested 4 24 1,305 5,917
WNV Positive Samples 0 0 149 831
Other Positive Samples 0 0 0 0
WNV Positive Birds 1 1 67 114
Outreach Events Attended 0 0 4 45
General Presentations 1 1 5 26
Educational Program Presentations 0 0 24 251
Service Requests & Miscellaneous Calls Received 25 154 1,387 6,329 Fleas, Ticks, and Others Tested - - - 1,202
Number of Disease Investigations 0 0 33 63
WNV Investigations 0 0 28 36
Dengue Investigations 0 0 1 7
Typhus Investigations 0 0 4 20
Other Investigations 0 0 0 0
Underground Storm Systems Treated 105 506 4,832 25,875
Public Insect ID Completed - - 92 353

COUNTY WIDE PROJECTS / INFORMATIONAL UPDATE
Yorba Linda

CONTROL

SURVEILLANCE

COMMUNICATIONS / OUTREACH

Transportation Corridor Agencies
For the October 8, 2026, Meeting

BOARD MEETING HIGHLIGHTS

F/ETCA BOARD OF DIRECTORS
Patricia Kelley, Chair,

MISSION VIEJO
Scott Voigts, Vice Chair,

LAKE FOREST
Natalie Meeks,

ANAHEIM
Mike Frost,

DANA POINT
William Go,
IRVINE
Denis Bilodeau,
ORANGE
Anthony Beall,

RANCHO SANTA MARGARITA
John Taylor,

SAN JUAN CAPISTRANO
David Penaloza,

SANTA ANA
Ray Schnell,
TUSTIN
Peggy Huang,

YORBA LINDA
Donald P. Wagner,
COUNTY OF ORANGE, 3RD DIST.

Doug Chaffee,
COUNTY OF ORANGE, 4TH DIST.

Katrina Foley,
COUNTY OF ORANGE, 5TH DIST.

Lan Zhou, Ex Officio Member,
CALTRANS DIST. 12

SJHTCA BOARD OF DIRECTORS
Stephanie Oddo, Chair,

LAGUNA NIGUEL
David Penaloza, Vice Chair,

SANTA ANA
Tim Zandbergen,

ALISO VIEJO
John Stephens,

COSTA MESA
Mike Frost,

DANA POINT
William Go,
IRVINE
Erica Pezold,

LAGUNA HILLS
Cynthia Conners,

LAGUNA WOODS
Patricia Kelley,

MISSION VIEJO
Robyn Grant,

NEWPORT BEACH
John Taylor,

SAN JUAN CAPISTRANO
Donald P. Wagner,
COUNTY OF ORANGE, 3RD DIST.

Katrina Foley,
COUNTY OF ORANGE, 5TH DIST.

Lan Zhou, Ex Officio Member,
CALTRANS DIST. 12
73/133/241/261 TOLL ROADS

TRANSPORTATION CORRIDOR AGENCIES (TCA) EXPANDING TOLL

INTEROPERABILITY TO ILLINOIS
The San Joaquin Hills Transportation Corridor Agency (SJHTCA) and the Foothill/Eastern Transportation Corridor Agency (F/ETCA) Boards approved an agreement to implement one-way interoperability between TCA and the Illinois State Toll Highway Authority (Illinois Tollway), further advancing TCA’s commitment to national toll interoperability and benefitting the Agencies’ accountholders who travel outside California. The agreement will allow TCA FasTrak accountholders to use Illinois Tollway facilities and have tolls billed directly to their TCA accounts, eliminating the need to establish a separate toll account while traveling in Illinois.

The agreement builds on TCA’s innovative one-way interoperability framework, which was developed to expand interstate tolling access while California tolling agencies continue to pursue legislative changes needed for full national interoperability. It also follows the successful implementation of a similar agreement with the North Texas Tollway Authority, through which TCA now processes approximately 17,000 transactions each month for customers traveling on Texas toll roads.

Expected to be implemented in early 2027, the Illinois Tollway partnership represents another important milestone in TCA’s strategic effort to expand interoperability nationwide, improve customer experience, and maintain its leadership role in developing innovative tolling solutions beyond California.

CREDIT CARD AND AUTOMATED CLEARING HOUSE PAYMENT PROCESSING

SERVICES CONTRACT
The Boards approved a contract with Paymentech, LLC, a division of JPMorgan Chase Bank, N.A., to provide credit card and Automated Clearing House (ACH) payment processing services for The Toll Roads. The agreement supports the secure processing of customer transactions, including FasTrak account replenishments, toll payments, and violation payments, which collectively account for approximately 22 million transactions annually.

Selected through a competitive procurement process, Chase Paymentech was identified as the provider offering the best overall value based on service capabilities, pricing, security, and operational efficiency. The agreement reduces TCA’s current annual payment processing costs while providing enhanced services, like the transitioning of all cardholder data to Chase Paymentech as the Payment Card Industry (PCI) compliant third-party provider. Reducing the Agencies’ current PCI scope will decrease costs and resources to maintain annual PCI compliance, allowing the Agencies to focus on its core business operations.

The contract allows continued acceptance of Visa, Mastercard, Discover, American Express, and ACH payments while supporting a secure, reliable, and convenient payment experience for customers.

INDEPENDENT AUDITOR AFFIRMS FISCAL YEAR 2026 FINANCIAL

STATEMENTS
The SJHTCA and F/ETCA Boards of Directors received the audited financial statements for the year ending June 30, 2026.

The independent auditing firm Crowe LLP issued an unmodified opinion – the highest level of assurance that the financial statements are fairly stated in all material respects in accordance with generally accepted accounting principles.

SJHTCA and F/ETCA have received unmodified audits every year since TCA’s inception in 1986. To read the Fiscal Year 2026 (FY26) audited financial statements, visit: Financial Reports | The Toll Roads.

CHIEF EXECUTIVE OFFICER UPDATES
Chief Executive Officer Ryan Chamberlain announced that the Agencies will be honored as “Employer of the Year” by the Orange County Chapter of Women’s Transportation Seminar (WTS-OC) at the organization’s annual scholarship and awards gala in December. The recognition reflects TCA’s commitment to supporting and advancing women in transportation and celebrates the culture of professional growth, leadership, and innovation fostered by the Agencies. Chamberlain congratulated employees and board members on the achievement and noted that TCA will also be featured at the October WTS-OC program, where the Agencies leaders will highlight TCA initiatives and the 241/91 Express Connector Project.

Chamberlain also shared that TCA received two first-place awards and one honorable mention from the California Association of Public Information Officers (CAPIO) for its recently completed history video, Building The Toll Roads in Orange County, recognizing excellence in government video programming statewide. He thanked staff for their contributions and also highlighted TCA’s strong presence at the Mobility 21 Southern California Transportation Summit held October 2, where board members and staff showcased the Agencies’ transportation initiatives and progress on the 241/91 Express Connector Project.

He concluded by inviting board members to save-the-date for the first week in December for the groundbreaking ceremony marking the start of construction on the 241/91 Express Connector Project.

REPORT
Southern California Association of Governments
October 14, 2026
RECOMMENDED ACTION:

Receive and file.

STRATEGIC PRIORITIES:

This item supports the following Strategic Priority 1: Establish and implement a regional vision for a sustainable future.

EXECUTIVE SUMMARY:

A primary responsibility of the Connect SoCal 2050 Subcommittee is to provide direction to staff on the update of Regional Planning Policies that guide the strategies, actions, and investments in Connect SoCal. The most recent Connect SoCal Regional Transportation Plan/Sustainable Communities Strategy (Connect SoCal 2024) was adopted in April 2024 and includes 88 Regional Planning Policies to guide integrated land use and transportation planning. Given the breadth of policies and to build upon the progress of previous plans, the work of the committee per the adopted Connect SoCal 2050: Policy Development Framework is to use the areas of focus to guide the update of policies and strategies for the plan. The areas of focus includes: Demographics and Economic Implications, Transportation Technology and the Future of Transit, and Complete Communities and Housing the Region. This staff report includes preliminary draft policies that streamline and simplify the Connect SoCal 2024 Regional Planning Policies and is intended as a reference point before incorporating further policy direction. These policies will be updated as part of Connect SoCal 2050 development to reflect recent analysis, trends and direction from SCAG Policy Committees as informed by the Connect SoCal 2050 Subcommittee.

BACKGROUND:

Connect SoCal 2024, adopted in April 2024, included Regional Planning Policies1 to provide guidance for integrating land use and transportation planning to realize the vision of Connect SoCal. They serve as a compass for SCAG’s planning and funding programs and help to set priorities for the agency’s 1 Connect SoCal 2024: Chapter 3.3 Regional Planning Policies: https://scag.ca.gov/sites/default/files/2024-05/23- 2987-connect-socal-2024-final-complete-040424.pdf#page=115 To: CSC – Connect SoCal Subcommittee
From: Sarah Dominguez, Department Manager (PS)
213-236-1918, [email protected]
Subject: Connect SoCal 2050: Preliminary Draft Regional Planning Policies EXECUTIVE DIRECTOR’S

APPROVAL
AGENDA ITEM 3
24

REPORT
work. Regional Planning Policies help to inform and align local planning with federal, state and regional goals. They are also a resource for County Transportation Commissions and local jurisdictions, who can refer to specific policies to demonstrate alignment with Connect SoCal when seeking resources from state or federal programs. However, there are no one-size-fits-all solutions in such a diverse region, so it is up to local agencies to identify which are the most applicable Regional Planning Policies. In total, Connect SoCal 2024 included 88 Regional Planning Policies across the plan pillars of Mobility, Community, Environment and Economy.

For Connect SoCal 2050, SCAG needs to update policies and strategies considering recent trends analyses, changes in the policy landscape, emerging technology and other new information about transportation and land use issues. In October 2026, the Regional Council approved the Policy Development Framework for Connect SoCal 2050 which identified 18 distinct policy topic areas.

The attached preliminary draft regional planning policies reflect an initial review by SCAG staff to simplify and streamline the policies by topical area for easier adherence and reference by local partners. The changes do not represent a deviation in the general policy direction set in the adopted Connect SoCal 2024. Through the Connect SoCal 2050 development process, changes and additions to the specific policies can be made based on direction from the Connect SoCal 2050 Subcommittee and SCAG Policy Committees. Next year, these policies will be paired with implementation strategies that articulate priorities for SCAG’s effort in realizing the vision for Connect SoCal.

The Regional Planning Policy areas are:

Mobility
 Complete Streets
 Transportation Safety
 System Preservation and Resilience
 Technology Integration
 Multimodal Integration
 Transportation Demand Management
 Transportation System Management
 Funding the System/User-Fees
Communities
 Complete Communities
 Equitable Engagement and Decision-Making
 Housing the Region
25

REPORT
Environment
 Air Quality
 Clean Transportation
 Climate Resilience
 Natural and Agricultural Lands Preservation
Economy
 Economic Development
 Goods Movement
 Tourism
The major revisions from Connect SoCal 2024 include:
 Removal of Sustainable Development as a standalone: integrated into other policies  Consolidation of Priority Development Areas and 15-Minute Communities into Complete Communities
 Proposal for an Economic Development policy: details to follow further policy discussion  Removal of Broadband as a standalone: integrated into other policies  Removal of Workforce Development as a standalone: will be integrated into Economic Development as appropriate

NEXT STEPS
For the October, December, and February 2027 Connect SoCal 2050 Subcommittee meetings, members will discuss the areas of focus as identified in the Policy Development Framework:

Demographics and Economic Implications, Transportation Technology and the Future of Transit, and Complete Communities and Housing the Region. Following those discussions and concurrent subject matter specific staff reports to each Policy Committee, members will receive a formal presentation of draft Regional Planning Policies at a March Joint Policy Committee meeting to be followed by additional discussion and stakeholder outreach before finalizing policies in advance of the release of the draft Connect SoCal 2050 in fall 2027.

FISCAL IMPACT:

None.

ATTACHMENT(S):

1. Connect SoCal 2050: Preliminary Draft Regional Planning Policies 26

1 Connect SoCal 2050: Preliminary Draft Regional Planning Policies October 2026
Connect SoCal 2024, adopted in April 2024 included Regional Planning Policies to provide guidance for integrating land use and transportation planning to realize the vision of Connect SoCal. They serve as a compass for SCAG’s planning and funding programs and help to set priorities for the agency’s work. The Regional Planning Policies are a resource for County Transportation Commissions and local jurisdictions, who can refer to specific policies to demonstrate alignment with Connect SoCal when seeking resources from state or federal programs. The below preliminary draft regional planning policies reflect an initial review by SCAG staff to simplify and streamline the policies by topical area for easier adherence and reference by local partners. The changes do not represent a deviation in the policy direction set in the adopted Connect SoCal 2024.

MOBILITY

COMPLETE STREETS
Support Complete Streets strategies that integrate new mobility options and first/last mile connections for both people and goods. Develop Complete Streets that reflect local contexts and prioritize safety.

TRANSPORTATION SAFETY
Eliminate transportation-related fatalities and serious injuries by prioritizing protection of vulnerable road users, integrating equity into safety and security planning, supporting approaches that protect transit riders and operators, and using data-driven methods to guide investment decisions.

SYSTEM PRESERVATION AND RESILIENCE
Prioritize the repair, maintenance, and preservation of existing transportation systems, including fixing roads, bridges, transit/rail vehicles, and other key infrastructure before considering new construction. Help the region meet asset management targets and keep the transportation system safe, dependable, and in good condition.

TECHNOLOGY INTEGRATION
Promote smart cities approaches, including emerging mobility technologies, clean transportation solutions, digital infrastructure, and data-informed planning to support efficient, scalable, resilient, and sustainable transportation systems.

MULTIMODAL INTEGRATION
Support multimodal physical and digital projects that improve regional connectivity, prioritize transit and shared mobility, and enhance mobility, accessibility, and safety.

TRANSPORTATION DEMAND MANAGEMENT
Support transportation policies, plans, and projects that expand safe, affordable, and convenient alternatives to single-occupancy vehicle travel for residents, workers, and visitors. 27

2 TRANSPORTATION SYSTEM MANAGEMENT
Advance efficient use of the transportation system by using operational improvements that maintain performance and, where possible, avoid adding roadway capacity while prioritizing investments that improve travel time reliability.

FUNDING THE SYSTEM/USER-FEES
Promote stable transportation funding by advancing user-fee systems, protecting transportation funds, and leveraging local and private capital to improve equity, mobility, sustainability, and economic development.

COMMUNITIES

COMPLETE COMMUNITIES
Develop complete communities where people can walk, bike, roll, or take transit to most of the places they need each day. Support growth in places with existing or planned roads, transit, and utilities, making it easier for people to walk, bike, or take transit and reduce reliance on single-occupancy driving.

EQUITABLE ENGAGEMENT AND DECISION-MAKING
Advance community-centered programs and resources that improve outcomes for disadvantaged communities. Promote racial equity that is grounded in the recognition of the past and current harms of systemic racism and advance restorative justice. Increase equitable, inclusive, and meaningful representation and participation of people of color and disadvantaged communities in planning processes.

HOUSING THE REGION
Promote fair and equitable housing opportunities by increasing access to housing, including in highopportunity areas, reducing housing cost burdens, and expanding homeownership opportunities for historically marginalized communities. Promote policies that prevent displacement, support affordable housing production and preservation and increase housing and supportive services for people experiencing homelessness.

ENVIRONMENT

AIR QUALITY
Support regional and local air planning, implementation efforts, and investments that improve air quality and reduce impacts of air pollution emissions throughout the region, including but not limited to the AB 617 Communities.

CLEAN TRANSPORTATION
Support a regional clean transportation transition that is broadly accessible, technology-neutral, and sustainability-focused. Prioritize zero-emission transportation solutions where feasible, allow near-zeroemission technologies where zero-emission options are not yet practical, and consider the full lifecycle impacts of clean transportation technologies across the region, including production, deployment, operations, and end-of-life management.
28

3 CLIMATE RESILIENCE
Support planning, funding, and implementing practices and infrastructure that increase regional and local resilience, including nature-based solutions. Prioritize adaptation and resilience for communities, populations, and infrastructure that are most vulnerable to climate hazards.

NATURAL AND AGRICULTURAL LANDS PRESERVATION
Prioritize the preservation, maintenance, and enhancement of natural and agricultural lands to ensure their resilience, economic, natural, and climate mitigation and adaptation benefits.

ECONOMY

ECONOMIC DEVELOPMENT
[This is a new policy category, with specific language to be developed following discussion at the Connect SoCal 2050 Subcommittee and Policy Committees meetings between October 2026 and March 2027]

GOODS MOVEMENT
Support a safe, efficient, and sustainable goods movement system that strengthens the regional economy, benefits communities, advances clean freight technologies, and improves coordination across all freight transportation modes.

TOURISM
Support efficient visitor travel. Encourage visitors to use non-auto travel options by promoting access to transit, passenger rail, and active transportation.
29

REPORT
Southern California Association of Governments
October 14, 2026
RECOMMENDED ACTION:

Information Only - No Action Required.

STRATEGIC PRIORITIES:

This item supports the following Strategic Priority 1: Establish and implement a regional vision for a sustainable future. 3: Spur innovation and action through leadership in research, analysis and information sharing.

EXECUTIVE SUMMARY:

The purpose of this staff report is to build upon the review of regional trends and growth projections initially presented to the April 9, 2026 Joint Policy Committee meeting, providing context for considering policy and strategy updates for Connect SoCal 2050.

BACKGROUND:

In its role as the federally-designated Metropolitan Planning Organization (MPO) for Southern California, SCAG must project housing and transportation for the Regional Transportation Plan (RTP) using the latest planning assumptions and most recent population and employment estimates (42 U.S.C. Section 7401 et seq.). For state planning purposes, SCAG must coordinate RTP development with a statutorily required Sustainable Communities Strategy (SCS). Flowing from these requirements, the Preliminary Growth Forecast for Connect SoCal 2050 becomes the technical underpinning of much of Connect SoCal’s subsequent policy development.

Under the guidance of an expert panel and expert consultants from the Population Reference Bureau (PRB) and the California Economic Forecast (CEF), staff developed a preliminary projection of population, household, and employment growth for Connect SoCal 2050’s 2024-2050 time horizon for the region and its six counties.

In contrast with a conventional population projection, this growth forecast offers a balanced, longterm view for future population, household, and employment growth. Put simply, there must be a plausible number of people for the jobs, and sufficient housing for the people. The required time To: CSC – Connect SoCal Subcommittee
From: Kevin Kane, Planning Supervisor (M and F)
213-236-1828, [email protected]
Subject: The Future Demographics of the SCAG Region
EXECUTIVE DIRECTOR’S

APPROVAL
AGENDA ITEM 4
30

REPORT
horizon is far longer than economic and business cycles, longer than the eight-year Regional Housing Needs Allocation (RHNA) cycle for housing planning, and longer than the time horizon envisioned by many local land use plans, requiring a broader approach than most short-run economic forecasts.

SCAG held a Demographic Panel of Experts meeting on September 9, 2025 to consider plausible and likely levels of seven key inputs to SCAG’s long-range forecast. Panelists included economists and demographers representing industry, academia, and government. Two outside experts, Beth Jarosz of the Population Reference Bureau and Mark Schniepp of the California Economic Forecast, moderated along with SCAG staff. Input assumptions included jobs, births, deaths, immigration, domestic migration, labor force participation, and household formation.

Prior to their meeting, panelists were surveyed on their opinions of future trends. Overall, panelists acknowledged broad unknowns in some areas (e.g. the future of immigration policy) and showed greater consensus in others (e.g. a rebound in birth rates is highly unlikely). Generally, they expect conditions that would result in substantially lower population and job growth than projected in past plan development cycles, and moderately lower household growth.

The latest information, modeling approaches, and top expert insights currently yield a long-range growth projection that is very different from prior RTP/SCS cycles in Southern California. Region-wide population change is expected to be minimal over the next two and one-half decades, the combined effect of lower fertility rates, higher total mortality due to an older population, and changes to federal immigration policy. While projections for the state and nation have also been revised downward in recent years, the magnitude of the decrease is higher in Southern California due to the region’s traditional reliance on foreign immigration to maintain its working age population. As such, the level of future job growth will also be constrained by a lower future population. However, in the long-run, the further integration of Artificial Intelligence (AI) and continued workplace automation suggest that the number of new jobs will bear a weaker relationship to economic growth and development. While the preliminary household projection is also lower than in past plan cycles, the region is still expected to add 850,000 households by 2050 owing to a combination of strong latent demand and the confidence provided by continued state policy supporting a wider range of housing types.

A direct implication of the population projection is accelerated aging – the SCAG region median age was 30.5 in 1990, was 38.8 in 2024, and is now expected to rise to 46.4 by 2050. The changing relationship between population and housing is also apparent – while the region’s average household size has long been slightly above 3.0, in 2024 it was 2.84 and by 2050 it is now projected to drop to

2.49. As with any forecast, there are many factors and events that could change key input 31

REPORT
assumptions; however, it reflects the most likely future outcome given data trends and expert insights currently available.1
Subsequent to developing preliminary county projections, SCAG disaggregates these figures to the county and Transportation Analysis Zone (TAZ) levels. Between April and November 2026, staff seek to meet one-on-one with all 197 local jurisdictions in the region to review preliminary projections at these spatial scales in addition to several other Connect SoCal-supportive data layers. Jurisdictions have until November 20, 2026 to provide input and comment – more details are available at 1 More detail on the preliminary forecast is available in the March 5, 2026 Community, Economic and Human Development agenda packet:
https://scag.iqm2.com/Citizens/FileOpen.aspx?Type=1&ID=2599&Inline=True#page=51 32

REPORT
www.scag.ca.gov/local-data-exchange. At the time of this writing, staff have met with 166 jurisdictions individually. Following receipt of data and review through the Technical Working Group (www.scag.ca.gov/technical-working-group) pursuant to a set of Regional Council-approved guiding principles, county and regional projection totals will be reviewed and integrated into the draft Connect SoCal 2050, scheduled for release in fall 2027.

FISCAL IMPACT:

None.

ATTACHMENT(S):

1. PowerPoint Presentation – Connect SoCal 2050: Preliminary Regional Growth Projections and Context
33

Connect SoCal 2050:

Preliminary Regional Growth
Projections & Context
Kevin Kane, PhD
Supervisor, Demographics and Growth Vision Program
Connect SoCal 2050 Subcommittee, October 2026
CONNECT SOCAL 2050

PRELIMINARY

PROJECTION &

MOTIVATIONS
34

SOUTHERN CALIFORNIA ASSOCIATION OF GOVERNMENTS 3
‡ 7 Main Forecast Assumptions:
‡ Births and deaths
‡ Migration and immigration
‡ Household formation
‡ Job growth
‡ Labor force participation
Envisioning 2050
Expectation for population growth has consistently slowed Source: State of California, Department of Finance, P-3 Projections, collected by SCAG from 2013 through Vintage 2024 (2025.9.30) 23,933,852
22,982,761
18,106,432
19,907,809
17,394,241
18,581,867
18,837,675 18,676,980
17,842,290
17,000,000
18,000,000
19,000,000
20,000,000
21,000,000
22,000,000
23,000,000
24,000,000
2010 2020 2030 2040 2050 2060 2070
SCAG region total population projection, 2013-2025 (DOF) DOF Jan 2013
DOF Feb 2017
DOF July 2021
DOF July 2023
DOF Sept 2024
DOF Apr 2025
DOF Sept 2025
3 35

Components of Population Change, SCAG Region
Source: CA DOF E-2
0 20,000
40,000
60,000
80,000
100,000
120,000
140,000
Foreign Immigration (Net)
2010-2019 average 2020 2021 2022 2023 2024 2025
-180,000
-160,000
-140,000
-120,000
-100,000
-80,000
-60,000
-40,000
-20,000
0 Net Domestic Migration
2010-2019 average 2020 2021 2022 2023 2024 2025
0 50,000
100,000
150,000
200,000
Births
2010-2019 average 2020 2021 2022 2023 2024 2025
-180,000
-160,000
-140,000
-120,000
-100,000
-80,000
-60,000
-40,000
-20,000
0 Deaths
2010-2019 average 2020 2021 2022 2023 2024 2025 4
Global Growth and Planning Context

2.20 1.62

0.72 1.43 1.27

0.50 1.00

1.50 2.00

2.50 3.00

3.50 4.00

4.50 5.00

5.50 6.00
1960 1970 1980 1990 2000 2010 2020 2030 2040 2050
Comparison of Total Fertility Rates, 1960 – 2050 (Projected) World
USA
Korea
SCAG Region
Fertility data sources: World Bank (Global and Korea), Population Reference Bureau (USA), SCAG past (RAND state statistics), SCAG projection (Connect SOCal 2050 Preliminary Projection). 2023 and 2050 values labeled.

Slower growth is becoming universal.

A new future to adapt to for Regional
Planning… and Global Economies.
36

SCAG Region Migration – Long Term
-250,000
-200,000
-150,000
-100,000
-50,000
0 50,000
100,000
150,000
200,000
1990 1995 2000 2005 2010 2015 2020 2025
Number of Net Migrants, SCAG Region
Net International Migration Net Domestic Migration
Source: California Department of Finance E-2 Estimates 5 SOUTHERN CALIFORNIA ASSOCIATION OF GOVERNMENTS 8
Preliminary Connect SoCal 2050
Population Projection
22,936,000
18,830,000
20,909,000
18,511,506
18,621,000 18,448,000

16.5 M

17.5 M

18.5 M

19.5 M

20.5 M

21.5 M

22.5 M

23.5 M
2000 2010 2020 2030 2040 2050
Historical
CSC 2020 (+14.41%)
CSC 2024 (+10.15%)
DOF (-0.59%)
CSC 2050 (-0.93%)
12 Notes: Percentage increases reflect 2024-2050. Historical data is CA DOF E-2 estimates, reflecting July 1. 2020 RTP/SCS plan horizon was 2016- 2045, though preliminary projections were conducted through 2050. 2024 RTP/SCS plan horizon was 2019-2050. 37

Comparing recent housing production to prior decades
Source: CIRB New Units from permits to 2020; Census Building Permit Survey (BPS) 2021-Present. 2026 Estimate based on 1st half 2026 actuals plus 2025 first half rate. 6 96,767
40,981
60,085
36,770
47,615
51,507 49,062
43,865 44,251
54,088
-
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
100,000
New housing units from permits, SCAG Region
1980s 1990s 2000s 2010s 2021 2022 2023 2024 2025 2026 Est.

Total housing production by type, 2020-2026
Sources: State of California, Department of Finance, E-5 Population and Housing Estimates for Cities, Counties and the State — April 1, 2021- January 1, 2026. ADU counts are retrieved from DOF Demographic Research Unit Data Hub. 3/4 of ADUs are assumed to be detached (single-family) and 1/4 attached (multi-family). 9 Single-Family
(non-ADU),

28.7%
Multi-Family
(non-ADU),

40.2%
ADU, 29.9%
Mobile
Home, 1.1%
Imperial,
1%
Los
Angeles,
52%
Orange,
14%
Riverside,
19%
San
Bernardino
, 11%
Ventura,
3%
76,553
70,217
41,622
0 10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
Single-Family (non-ADU) Multi-Family (non-ADU) ADU*
SCAG Region New Units by Type and County, 2020-2026
Imperial Los Angeles Orange Riverside San Bernardino Ventura 38

SOUTHERN CALIFORNIA ASSOCIATION OF GOVERNMENTS 11
Preliminary Connect SoCal 2050
Household Projection
7,822,000
7,814,000
6,420,000
7,270,000

5.0 M

5.5 M

6.0 M

6.5 M

7.0 M

7.5 M

8.0 M
2000 2010 2020 2030 2040 2050
Historical
CSC 2020 (+19.02%)
CSC 2024 (+19.19%)
CSC 2050 (13.24%)
13 Sources: Percentage increases reflect 2024-2050. Historical series averages CA DOF E5 series to approximate July 1 totals. Connect SoCal 2020 (CSC 2020) plan horizon was 2016-2045, though preliminary projections were conducted through 2050. Connect SoCal 2024 (CSC 2024) plan horizon was 2019-2050. Plan horizon of under-development Connect SoCal 2050 (CSC 2050) is 2024 – 2050.

SOUTHERN CALIFORNIA ASSOCIATION OF GOVERNMENTS 12
Comparison of Population vs. Housing Growth
SCAG Region, 1991-2025
Population Growth (÷ average houshold size of 3.0)
New Housing Units (-5% for vacancy)
-60,000
-40,000
-20,000
0 20,000
40,000
60,000
80,000
100,000
120,000
199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026 7 Source: CA DOF DRU E-2 July 2023 population estimates and U.S. Census Building Permit Survey, “New Residential Units from Building Permits Issued” h
39

SOUTHERN CALIFORNIA ASSOCIATION OF GOVERNMENTS 13
Comparison of Population vs. Housing Growth
SCAG Region, 1991-2025
Population Growth (÷ average houshold size of 3.0)
New Housing Units (-5% for Vacancy)
-60,000
-40,000
-20,000
0 20,000
40,000
60,000
80,000
100,000
120,000
199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026 Population Growth exceeds Housing Unit Growth
Housing Unit Growth exceeds Population Growth
Source: CA DOF DRU E-2 July 2023 population estimates and U.S. Census Building Permit Survey, “New Residential Units from Building Permits Issued” SOUTHERN CALIFORNIA ASSOCIATION OF GOVERNMENTS 14
Preliminary Connect SoCal 2050
Employment Projection
10,244,000
10,276,000
9,099,000
9,218,000

7.5 M

8.0 M

8.5 M

9.0 M

9.5 M

10.0 M

10.5 M
2000 2010 2020 2030 2040 2050
Historical
CSC 2020 (+14.19%)
CSC 2024 (+12.98%)
CSC 2050 (1.31%)
14 Sources: Percentage increases reflect 2024-2050. 2020 RTP/SCS plan horizon was 2016-2045, though preliminary projections were conducted through 2050. 2024 RTP/SCS plan horizon was 2019-2050.
‡ Job growth follows
population growth—
flat beginning in 2030s
‡ AI and automation
expected to impact
nearly all industries
40

SOUTHERN CALIFORNIA ASSOCIATION OF GOVERNMENTS 15
Healthcare and Social Assistance Dominate
Future Job Growth
-150,000 -100,000 -50,000 0 50,000 100,000 150,000 200,000 250,000 300,000 350,000 Healthcare and Social Assistance
Total Wage & Salary Jobs
Public Administration
Retail
Other Services
Transportation, Warehousing, and Wholesaling
Financial Activities
Accomodation, Food Service, Arts, Recreation
Professional Business Services
Information
Construction
Manufacturing
Projected Job Growth by Major Sector, SCAG Region, 2024-2050 Source: Preliminary Connect SoCal 2050 projections. Aggregates of 2-digit NAICS sectors of wage & salary jobs shown. ‡ Job growth follows
population growth—
flat beginning in 2030s
‡ AI and automation
expected to impact
nearly all industries
-0.9%

9.5%
-3.4%

0.0%

7.8%
-1.2% -2.3%

13.3%

30.1%

11.7% 10.4%

21.3%

16.8%

9.2%

1.3%

3.3%
-0.3%
-2.4%

14.6%

6.2%
-3.8%
REGION Imperial Los Angeles Orange Riverside San Bernardino Ventura Percent Change 2024-2050
Population
Households
Jobs
Preliminary Connect SoCal 2050 County Projections
16 41

SOUTHERN CALIFORNIA ASSOCIATION OF GOVERNMENTS 17
Local Data Exchange
SOUTHERN CALIFORNIA ASSOCIATION OF GOVERNMENTS 18

SOME IMPLICATIONS

FOR LONG-RANGE

PLANNING
42

SOUTHERN CALIFORNIA ASSOCIATION OF GOVERNMENTS 19
Key Implications of Forecast Updates

30.5 34.7

40.0 43.8

38.8 46.4

30.0 32.0

34.0 36.0

38.0 40.0

42.0 44.0

46.0 48.0
1990 2000 2010 2020 2030 2040 2050
SCAG Region Median Age
Historical CSC 2020 Projection CSC 2024 Projection CSC 2050 Projection Note: Historical values interpolated from 5-year intervals.

3.07 3.02

2.89 2.63

2.84 2.49

2.40 2.50

2.60 2.70

2.80 2.90

3.00 3.10

3.20 2000 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050 SCAG Region Average Household Size
Historical CSC 2020 Projection CSC 2024 Projection CSC 2050 Projection SCAG Region Population Age Structure
-800
-600
-400
-200
0 200
400
600
800
1,000
0-4 5-9 10-14 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69 70-74 75-79 80-84 85+ Population Growth by Age, SCAG Region, 2000-2050
2024-2050
2000-2024
Source: CA DOF and Connect SoCal 2050 preliminary projection. 43

SCAG Region Population Age Structure
-800
-600
-400
-200
0 200
400
600
800
1,000
0-4 5-9 10-14 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69 70-74 75-79 80-84 85+ Population Growth by Age, SCAG Region, 2000-2050
2024-2050
2000-2024
Source: CA DOF and Connect SoCal 2050 preliminary projection.

SOUTHERN CALIFORNIA ASSOCIATION OF GOVERNMENTS 22
Long-Run Conditions
Median Household Income, $98.8
Average Annual Wage , $81.6
Per-Capita GDP, $171.8
60 80
100
120
140
160
180
Comparison of Productivity and Well-Being
Measures
Source: American Community Survey 1-year estimates; Bureau of Labor Statistics; REMI TranSight THOUSANDS OF 2025 DOLLARS SCAG, $98.8
Caifornia, $102.9
U.S., $83.8
60 65
70 75
80 85
90 95
100
105
110 Median Household Income
Source: American Community Survey 1-year estimates. Labels are 2024 for income and 2025 for other measures. THOUSANDS OF 2025 DOLLARS 44

More housing, but are we housing more people?
Total Overcrowding (>1.0
occupant/room)

10.2%

9.7%

17.6%

15.9% Renter Overcrowding (>1.0
occupant/room)

14.5%
Renter Severe Overcrowding (>1.5
occupants/room)

6.5%

6.6%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

18.0%

20.0%
2006 2008 2010 2012 2014 2016 2018 2020 2022 2024
SCAG Region household overcrowding rates
Overcrowding source: American Community Survey 1-year Estimates.

How will workers be distributed across the available housing? 0 10
20 30
40 50
60 70
80 90
100
Percentage (2023)
Age of Householder
Households with no workers, by age
SCAG
US
Source: USC Population Dynamics Research Center analysis of ACS 5-year PUMS data. 0 5
10 15
20 25
30 Percentage (2023)
Age of Householder
Households with 3 or more workers, by age
SCAG
US
Most older
households do
not house a
worker.

Many householders aged
45-65 provide housing for
3 or more workers in
SoCal.
45

But, are we housing more people? And are we creating more homeownership opportunities?
‡ California home
sales dropped;
more property
transfers now
due to
inheritance
Inheritence transfers analysis by Cotality analysis of property deed transfers, see Deventhal, M. 2026. A frozen tsunami: why inherited homes won't solve the housing crisis. https://www.cotality.com/insights/articles/why-inherited-homes-wont-solve-the-housing-crisis

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

16.0%

18.0%

20.0%
0 100,000
200,000
300,000
400,000
500,000
600,000
2019 2021 2023 2025
California Property Transfers by Type (% of Total, Cotality) Total Transfers % New Unit Sales % Inheritence
Through the lens of a forecaster: What percent of
the population is a “head of household?”
- Older people
consume
more housing.
- Historical
trend appears
to be
reversing
gradually.
- New housing
can house
more people
and alleviate
existing need.

50.3%

61.4%

46.7%

31.0%

58.2%

40.4%

34.6%

59.1%

42.8%

46.2%
0%
10%
20%
30%
40%
50%
60%
70%
Age 25-34 Age 75+ All Ages
Household Formation Rates (%), SCAG Region, 1980-2050
1980 1990 2000 2010 2015 2019 2020 2024 2050
Sources: US Decennial Census, American Community Survey 1-year PUMS Estimates, and preliminary Connect SoCal 2050 projection. 46

SOUTHERN CALIFORNIA ASSOCIATION OF GOVERNMENTS 27
Projections Recap
‡ Population will remain stable or decline slightly,
and age substantially
‡ Housing growth will be slower than previously
expected, but will continue to exceed population growth ‡ Assumption: new units and supportive policy
will help address existing housing need
‡ Job outlook flat, following low population growth
and AI dispersion, and will be concentrated in
Healthcare and Social Assistance
‡ Average household sizes will be much smaller
‡ Assumption: new units and supportive policy
will help house workers, too
28 For more information, please visit:

Kevin Kane, PhD, Supervisor
Demographics and Growth Vision Program
[email protected]
https://scag.ca.gov/economic-insights-data-resources
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