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^� Item No. 4
STAFF REPORT
DATE: July 27, 2026
TO: Honorable Mayor and City Council
FROM: Dr. Sean M. Moore, City Manage
PREPARED BY: Hrant Manuelian, Director of Finance
SUBJECT: Monthly Treasurer's Report — May 2026
RECOMMENDATION:
That the City Council:
1. Receive and file the Monthly Treasurer's Report for May 2026; or
2. Provide further direction to staff.
BACKGROUND/DISCUSSION:
To comply with the requirements of California Government Code Section 53607 and the recommendation of California Government Code Section 53646, a treasurer's report is submitted to the Council monthly.
It is the responsibility of the Finance staff to develop the Monthly Treasurer's Report in a timely manner for review by the City Manager/Treasurer, and ultimately the City Council. It is the function of the Treasurer to deposit and invest funds in accordance with the Investment Policy of the City of Yucaipa to achieve the stated objectives of preservation of capital, liquidity, and return on investment. The purpose of the Monthly Treasurer's Report is to provide the City Council with a snapshot of the City's investment portfolio. The balances included in the Monthly Treasurer's Report represent the market value of the City's investments.
The City utilizes the Monthly Treasurer's Report as one tool to monitor fiscal performance. The City's net position or fund balance (equity) is comprised of assets less liabilities. The portfolio is just one component of assets. The portfolio balance will fluctuate based on investment performance (yield) as well as the timing of cash inflows (revenue collection) and cash outflows (expenditure payments).
The yield for the investment held with the Local Agency Investment Fund (LAIF) was 3.810% in May.
While the City does not have outstanding debt related to bond issuances, the City acts in a fiduciary capacity for the Successor Agency to the former Redevelopment Agency and the Chapman Heights Community Facilities District, both of which maintain outstanding bonds. The City pools cash and investments of all funds, except for assets related to the bond issuances of the Successor Agency and Community Facilities District which are required to be held in separate accounts with fiscal agents in accordance with the bond indentures.
As required by the Investment Policy, the attached Monthly Treasurer's Report includes a certification that (1) All investment actions executed since the last report have been made in full compliance with the Investment Policy; and (2) the City will meet its expenditure obligations for the next six months.
FISCAL IMPACT:
The recommendations do not result in a fiscal impact.
Attachment(s):
1. Treasurer Report — May
2. Treasurer Managed Portfolio Summary — May
3. LAIF Quarterly Interest Statement — May
4. Wells Fargo Operating Account — May
5. Investments with Fiscal Agent Summary — May
6. Portfolio Holdings - May
ATTACHMENT 1
City of Yucaipa
Treasurer's Report - May 31, 2026
Attachment 1
April 2026
May 2026
Institution/Investment Type
Balance
Balance
Funds Under Control of the City:
U.S. Bank Investment Account - Managed by Treasurer
Cash and Equivalents
$
618,152.71
$
1,060,347.37
U.S. Government Issues
35,201,565.00
34,846,919.40
Corporate Issues
6,504,011.77
6,413,343.35
Municipal Issues
49,790.50
49,895.00
$
42,373,519.98
$
42,370,505.12
Local Agency Investment Fund (LAIF)
$
15,016,325.74
$
23,016,325.74
City Checking Account (Wells Fargo)
$
11,406,665.29
$
7,091,828.86
Petty Cash / Change Drawers
$
2,750.00
$
2,750.00
Total Funds Under Control of the City
$
68,799,261.01
$
72,481,409.72
Funds with Fiscal Agents:
Bank of New York Mellon
CFD 98-1 - Municipal Bond Insurance Policy
$
1.00 $
1.00 CFD 98-1 - Cash
$
281,832.11
$
281,932.11
U.S. Bank
RDA 1998 TAB - Blackrock Instl Funds
$
81.66 $
81.89 RDA 1998 TAB - LAIF
$
50,646.20
$
50,646.20
RDA 2004 TAB - Blackrock Instl Funds
$
170,359.54
$
170,854.22
RDA 2010 TAB - Blackrock Instl Funds
$
364,578.01
$
365,636.64
Total Funds with Fiscal Agents
$
867,498.52
$
869,152.06
Grand Total
$
69,666,759.53
$
73,350,561.78
All investment actions executed since the last report have been made in full compliance with the Investment Policy; and
The City will meet its expenditure obligations for the next - W --``- Treasurer
ATTACHMENT 2
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ATTACHMENT 3
6/22/26, 8:37 AM
LAIF Regular Monthly Statement
.1..
Local Agency Investment
Fund
P.O. Box 942809 June 22, 2026
Sacramento, CA 94209-0001
(916) 653-3001 LAIF Home
PMIA Average Monthly_ Yields
CITY OF YUCAIPA
TREASURER
34272 YUCAIPA BLVD.
YUCAIPA, CA 92399
Account Number: 98-36-999
May 2026 Statement
Effective Transaction Tran Confirm
Date Date Type Number
5/1/2026 4/30/2026 RD 1799595
5/12/2026 5/7/2026 RW 1799847
5/29/2026 5/28/2026 RD 1800596
Account Summary
Total Deposit:
Total Withdrawal:
Tran Tvi3e Definitions
Web
Confirm
Number
Authorized Caller
1760286
RYAN BLACKERBY
1760540
RYAN BLACKERBY
1761294
RYAN BLACKERBY
9,000,000.00 Beginning Balance:
-1,000,000.00 Ending Balance:
Amount
6,000,000.00
-1,000,000.00
3,000,000.00
15,016,325.74
23,016,325.74
https://Iaifms.treasurer.ca.gov/RegularStatemenLaspx ill
ATTACHMENT 4
Commercial Checking Acct Public Funds
Account number: ■ May 1, 2026 - May 31, 2026 ■ Page 1 of 6
CITY OF YUCAIPA
GENERAL OPERATING ACCOUNT
34272 YUCAIPA BLVD
YUCAIPA CA 92399-2434
Account summary
Commercial Checking Acct Public Funds
Questions?
Call Global Payments & Liquidity Service
1-800-ATWELLS (1-800-289-3557)
Online: wellsforgo.com
Write: Wells Fargo Bank, N.A. (114)
San Francisco Wholesale
PO Box 63020
San Francisco, CA 94163
Accountnumber Beginning balance Total credits Total debits Ending balance $11,406,665.29 $9,819,194.16-$14,134,030.59 $7,091,828.86 Credits
Deposits
Effective Posted
date date
Amount
Transaction detail
05/01
375.00
Deposit
05/08
7,541.00
Deposit
05/11
25.00 Deposit
05/14
225.00
Deposit
05/29
225.00
Deposit
$8,391.00 Total deposits
Electronic deposits/bank credits
Effective Posted
date date
Amount
Transaction detail
05/01
92.00 American Express Settlement 260430 5647699172 Comm Devt 5647699172 05/01
154.16
Stripe Transfer St-D9Z1 UOK3138UO City of Yucaipa
05/01
174.72
Stripe Transfer St-Q7U2F1 F8131 H8 City of Yucaipa
05/01
9,225.19
Paymentech Transfer 260501 Tyler0005037697 Eg Css CA Yucaipa Comm 05/01
13.53 ZBA Funding Account Transfer From 4241875095
05/04
10.87 05/0413ankcard Deposit-0328149721
05/04
103.00
American Express Settlement 260503 5647699172 Comm Devt 5647699172 05/04
141.40
05/0413ankcard Deposit-0328149721
05/04
499.46
Stripe Transfer St-DOT6W9P2G2Z6 City of Yucaipa
05/04
771.00
American Express Settlement 260501 5647699172 Comm Devt 5647699172 05/04
955.71
05/04Bankcard Deposit-0483998756
05/04
3,311.00
Paymentech Transfer 260504 Tyler0005037697 Eg Css CA Yucaipa Comm 05/04
4,214.00
05/04Bankcard Deposit-0483998756
05/04
5,300.65
County of San Be EDI Pymnts 2009113909 City of Yucaipa Cfd 98 05/04
10,373.00
05/0413ankcard Deposit-0483998756
02 026 We Is Fargo Bank, NAAll righ6 reserved. M ember FD IC (114)
Sheet Seq = 0032364
Sheet 00001 of 00006
ATTACHMENT 5
City of Yucaipa
Investment with Fiscal Agent Summary
FY 2026
5/31/2026
Bank of New York Mellon CFD 98-1
703130 Special Tax Acct - Cash $ 199,970.44
703132 Principal AC - Municipal Bond Insurance Policy $ 1.00 703170 Admin Exp Acct - Cash $ 81,961.67
$ 281,933.11
U.S. Bank
RDA 1998 TAB
6711616700 Project Acct -
Blackrock Instl Funds
$
0.24 6711616701 Interest Acct -
Blackrock Instl Funds
$
12.07 6711616702 Principal Acct
- Blackrock Instl Funds
$
0.24 6711616703 Sinking Acct -
Blackrock Instl Funds
$
69.27 6711616704 Reserve Acct -
Blackrock Instl Funds
$
0.07 $
81.89 6711616704 Reserve Acct -
LAIF
$
50,646.20
$
50,728.09
RDA 2004 TAB
6711740700 Project Acct -
Blackrock Instl Funds
$
0.12 6711740701 Interest Acct -
Blackrock Instl Funds
$
23,478.29
6711740702 Principal Acct
- Blackrock Instl Funds
$
198.09
6711740703 Reserve Acct -
Blackrock Instl Funds
$
147,177.72
$
170,854.22
RDA 2010 TAB
6711740705 Reserve Acct - Blackrock Instl Funds
$
365,636.64
ATTACHMENT 6
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