HomeMy WebLinkAbout#13 District Investment Policy AGENDA ITEM #13
Public Utility District m
MEETING DATE: October 2, 2024
TO: Board of Directors
FROM: Michael Salmon, Chief Financial Officer
SUBJECT: Consideration of Review of the District's Investment Policy as
described in District Code Title 3, Chapter 3.20.012.9.
Z_
APPROVED BY:
Brian C. Wright, General Manager
RECOMMENDATION:
A) Review the District's investment policy as described in District Code Title 3, Chapter
3.20.012.9 and affirm no changes or provide direction as needed; and
B) Authorize the General Manager to execute an agreement with an investment
agency, California Cooperative Liquid Assets Securities System (CLASS) to allow for
investment of District funds in CLASS; and
C) Delegate authority to Michael Salmon, Treasurer, to invest District funds according
to the District's Investment Policy
BACKGROUND:
The Board reviews the District's Investment Policy annually. Attachment 1 is the
current Investment Policy section of District Code Title 3, Chapter 3.20.012.9. Staff do
not recommend changes to the investment policy.
Each year, the Board delegates authority to the Treasurer to perform certain duties as
described in the District's investment policy, in accordance with Section 53607 of the
California Government Code.
Section 53607 states: "The authority of the legislative body to invest or to reinvest funds
of a local agency, or to sell or exchange securities so purchased, may be delegated for
a one-year period by the legislative body to the treasurer of the local agency, who shall
thereafter assume full responsibility for those transactions until the delegation of
authority is revoked or expires, and shall make a monthly report of those transactions to
the legislative body. Subject to review, the legislative body may renew the delegation of
authority pursuant to this section each year."
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ANALYSIS AND BODY:
As provided in the monthly Treasurer's Report, the majority of the District's investments
are in California's Local Agency Investment Fund (LAIF), Utah Public Treasurers'
Investment Fund (UPTIF), Placer County Investment Fund (PCIF), and Time Value
Investments (TVI). The earnings rate for the last 13 months were:
LAIF PCIF UPTIF 1 YR T-BILL TM
July 2023 3.31% 2.80% 5.18% 5.11% 0.55%
August 2023 3.43% 2.95% 5.30% 5.11% D.55%
September 2023 3.53% 3.06% 5.43% 5.19% 0.65%
October 2023 3.67% 3.11% 5.43% 5.14% 0.550/c
November 2023 3.84% 3.13% 5.49% 4.54% 0.55%
December 2023 3.93°/u 3.31% 5.48% 4.55% 0.55%
January2024 4.01% 3.42% 5.48% 4.56% 0.55%
February 2024 4.12% 3.45% 5.48% 4.76% 0.55%
March 2024 4.27% 3.34% 5.44% 4.79% 0.55%
April 2024 4.23% 3.61% 5.45% 4.99% 0.55%
May 2024 4.33% 3.52% 5.43% 4.94% 0.55%
June 2024 4.48% 3.65% 5.44% 4.86% 0.55%
July 2024 4.52% 3.77% 5.43% 4.58% 0.551/c
as of July 31, 2024 $ Mix Dollars Invested
LAIF 53% $ 28.2 million
PCIF 17% $ 8.9 million
UPTIF 13% $ 6.8 million
TVI 17% $ 9.0 million
TOTAL 100% $ 52.9 million
Established in 2022, California Cooperative Liquid Assets Securities System (CLASS)
is a Joint Powers Authority investment pool that provides public agencies the
opportunity to invest funds cooperatively in rated pools managed in accordance with
state law, with the primary objectives of offering participants safety, daily and next-day
liquidity, and optimized returns. There are currently over 200 California municipalities,
counties, and special districts investing with CLASS. Here in the local region, CLASS
clients include Tahoe Truckee Airport, Tahoe City PUD, Olympic Valley PUD, TSD, T-
TSA, and Truckee Donner Park and Recreation District. CLASS is managed by Public
Trust Advisors, which has over $100 Billion in assets under management and
specializes in investments for public agencies. All yields of CLASS are net of Advisors'
10 basis point management fee. Attachment 2 provides further information regarding
CLASS
CLASS offers two investment options as follows:
A. California CLASS PRIME. An option for your every-day funds, the PRIME fund is a
stable $1.00 NAV local government investment pool that offers daily
liquidity. Investments are made in accordance with the California State Code, including
U.S. Agencies and Treasuries, commercial paper, collateralized bank deposits, money
market funds, and more.
Recent yields and maturity information for PRIME are as follows:
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PRIME Portfolio as of September 12,2024
Daily Yield% 53777
r
Day Yield(%) 53938
30-Day Yield •. 53995
Weighted Average Maturity(To Reset) 24
Weighted Average Maturity(To Final) 67
B. Enhanced Cash is a variable NAV fund managed to approximate $10.00 per share
and offers next-day liquidity. Complement your current investments with Enhanced
Cash by gaining exposure to a diversified portfolio of high-quality securities for your
local government's investment needs. Enhanced Cash is best suited for non-operating
dollars and strategic reserves that a public agency would not anticipate withdrawing for
12-18 months. California CLASS Enhanced Cash is designed for investors with slightly
longer investment horizons and the ability to tolerate a higher risk profile. Yield
information is currently not available, as this is a new investment option from CLASS.
With Weighted Average Maturity of 90-100 days (compared to PRIME's <=60 days),
Enhanced is anticipated to produce higher yields in a declining Fed rate environment.
Staff recommends the Board authorize the general manager to contract with CLASS
and invest with CLASS. With the Board's approval, and based on CLASS's current
yields, we anticipate shifting a significant portion of LAIF and PCIF funds into
CLASS. Further, as TVI's investments mature, reinvesting those funds with CLASS is
anticipated.
Investing with CLASS includes the following advantages:
- Yield. Historically, higher investment returns than LAIF. Past performance is no
guarantee of future performance.
- California Compliant. Full compliance with California investment statutes/law and
District Code policies
- Liquidity. Ease of transfers in and out (functions very similarly to cash and LAIF)
- Low fees. The investment manager, Public Trust Advisor, a fee of 10 basis points
(0.10%) is part of the yield (similar to LAIF and PCIF, wherein the yields are net of
fees). No other fees for participating in CLASS
- Reviews. Several special districts in the area have expressed satisfaction with
utilizing CLASS.
Staff also reviewed a similar offering to CLASS. The California Asset Management
Program ("CAMP" or the "Program") is a California Joint Powers Authority ("JPA")
established in 1989 to provide California public agencies with professional investment
services. Investments offered through the Cash Reserve Portfolio (the "Pool" or the
"CAMP Pool") and CAMP Term are permitted for all local agencies under California
Government Code Section 53601(p).
CLASS v. CAMP
Both pools accrue interest daily, pay interest monthly, and a management fee of 10
basis points. The two pools are very similar as to portfolio management and credit
research. The staff's review indicates CLASS has a superior client service model.
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CLASS has a best in class participant portal, a dedicated client service desk of five
people, and three relationship mangers on the ground in California. CAMP has one.
Additionally, CLASS can help with Investment Policy, cash flow analysis and board
meetings. CLASS is focused on being a resource for districts across the state.
CLASS also offers the Enhanced Cash product that can go out as far as 18 months in
maturity, which can be attractive in a declining rate cycle. The Prime fund is limited to
60 days in maturities. Given the yield curve is flat to inverted, Enhance Cash is
currently not as attractive as it might be otherwise. Interest rates are very dynamic right
now, especially with last week's cut, with most CLASS participants sitting tight in the
Prime Fund. Participants can transfer from Prime to Enhanced Cash on the same day
with no transaction fees. The CLASS service team communicates actively with
participants and will provide guidance when they feel it is appropriate or requested.
CAMP does not offer an Enhanced Cash option in California.
With the endorsement of the California Special Districts Association (CSDA), CLASS
has been active in the district space. Of the 200 + participants, 170 are Special
Districts. The focus on CAMP has historically been with the counties in California.
GOALS AND OBJECTIVES:
District Code 1 .05.020 Objectives:
1. Responsibly serve the public.
6. Manage the District in an effective, efficient and fiscally responsible manner.
District Code 1 .05.030 Goals:
1. Manage for Financial Stability and Resiliency
FISCAL IMPACT:
YTD 2024 investment income is consistent with Budget expectations. CLASS provides
an opportunity to improve investment income over budget. Conservatively assuming a
50 basis point improvement with CLASS (4.0% vs 4.5%) in $35 million of funds, it
produces an increase in investment income of approximately $175,000 annually. With
a 25 basis point spread, CLASS would provide approximately $88,000 more investment
income per annum on $35 million.
ATTACHMENTS:
1. DC Chapter 3.20 Investments
2. CLASS Info and Reg Packet
3. CAMP summary
4. Investment Holdings Schedules July2024
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review by any Director in the Administrative Services Department. The Board shall officially
authorize payment of all disbursements that have been made by the Treasurer and
presented on the accounts payable check register at a board meeting, monthly.
3.16.030.7(C) The Treasurer shall list on the agenda any invoice for purchases that have
not been made in accordance with the District's purchasing policies as set forth in Title 3,
Chapter 3.08 Purchasing.
3.16.030.7(D) Statement of the general fund showing the beginning checking account
balance, the categories of cash received by the District during the month, a summary list of
the cash disbursements made during the month, any authorized transfers in or out of the
general fund and the ending balance at the end of the month.
3.16.030.7(E) Semi-annual budget reports showing the status of budgeted expenditures
compared to actual expenditures will be presented at a board workshop after the close of
the June and December financial records.
3.16.030.7(F) Semi-annual financial statements showing the status of all revenues and
expenditures in the format of financial statements using generally accepted accounting
principles for utilities after the close of the June and December financial records.
CHAPTER 3.20
INVESTMENTS
Sections:
3.20.005 Local Agency Investment Fund Investments
3.20.008 Fund Transfers
3.20.010 Investment of Surplus Funds
3.20.012 Investment Policy
3.20.005 Local Agency Investment Fund Investments
3.20.005.1 Authorization has been given for the deposit and withdrawal of monies in the
Local Agency Investment Fund (LAIF) in the State Treasury in accordance with the
provisions of Section 16429.1 of the Government Code for the purpose of investment as
stated therein.
3.20.005.2 Any two of the following officers or employees of the District, the President of
the Board, the General Manager or the Treasurer, may execute documents to add or
delete District accounts and authorized persons to make transfers to and from those
accounts with the LAIF.
3.20.008 Fund Transfers
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3.20.008.1 The Board approved commercial bank (Bank) is requested to honor, execute
and process the District's telephonic, electronic, written or oral requests for the transfer of
funds between the accounts of the District at Bank and the Local Agency Investment Fund,
subject to such terms and conditions as may from time to time be agreed upon by the
District.
3.20.008.2 Any one of the following listed officers or employees of the District, the
President of the Board, the General Manager or the Treasurer are hereby authorized,
directed and empowered for and on behalf of and in the name of the District as follows:
3.20.008.2(A) To execute agreements with the Bank providing for such funds transfers
and to make and verify requests for such transfers, and the Bank shall be entitled to honor
and charge this District for all such requests, when given (or purported to be given) by any
one of the above.
3.20.008.2(B) To make, execute and deliver such other agreements as may be required
by the Bank; and
3.20.008.2(C) To perform or cause to be performed all further acts and execute and
deliver all further instruments which Bank may deem necessary to carry out the purposes
of this policy.
3.20.008.3 The District hereby ratifies and confirms the acts of its officers, agents or
employees in heretofore requesting transfers of funds from this District's accounts with the
Bank by wire or comparable transfer together with any acts performed in relation hereto.
3.20.008.4 That the Clerk of the District is hereby authorized and directed to execute,
acknowledge and deliver a certified copy of the Resolution related hereto to the Bank and
any other person or agency which may require copies, and that the certification of the
(Secretary) Clerk as to the signatures of the above named officers will be binding on this
District.
3.20.008.5 That the Bank is authorized to act upon this policy until written notice of the
revocation thereof by a resolution duly adopted by the Board of Directors of this District is
delivered to the Bank, such revocation is in no way to affect the obligations of this District
to the Bank incurred pursuant to the terms of this policy prior to receipt by the Bank of such
notice or revocation.
3.20.010 Investment of Surplus Funds The District Treasurer shall invest surplus funds,
both restricted and general, pursuant to the District's Investment Policy (District Code
3.20.12). A regular accounting of all fund activities shall be presented to the Board of
Directors in the monthly Treasurer's Report.
3.20.012 Investment Policy
3.20.012.1 Investment Authority In accordance with Section 53600 et seq. of the
Government Code of the State of California, the authority to invest public funds is expressly
delegated to the Board of Directors for subsequent delegation to the Treasurer. The
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Treasurer of the District receives direction and authority to invest any and all District funds
from the Board of Directors of the District.
3.20.012.2 Statement of Objectives Per section 53600.5 of the California Government
Code, the primary objective of the Treasurer shall be to safeguard the principal of the funds
under his/her control when investing public funds. The secondary objective shall be to
meet all liquidity requirements and the third objective shall be to achieve an acceptable
return on the funds under his/her control.
In order of priority, three fundamental criteria shall be followed in the investment program:
1. Safety - Safety of principal is the foremost objective of the investment program.
Investments shall be undertaken in a manner that seeks to ensure the preservation
of capital in the overall portfolio. The objective will be to mitigate credit risk and
interest rate risk.
a) Credit Risk: The District will minimize credit risk, the risk of loss due to the failure
of the security issuer or backer, by:
i. Limiting investments to the safest types of securities.
ii. Pre-qualifying the financial institutions, broker/dealers, intermediaries and
advisers with which the District will do business (custodial risk).
iii. Diversifying the investment portfolio so that potential losses on individual
securities will be minimized (concentration of risk).
b) Interest Rate Risk: The District will minimize the risk that the market value of
securities in the portfolio will fall due to changes in general interest rates, by:
i. Structuring the investment portfolio so that securities mature to meet cash
requirements for ongoing operations, thereby avoiding the need to sell
securities on the open market prior to maturity.
ii. Investing operating funds primarily in shorter-term securities, money market
mutual funds, or similar investment pools.
2. Liquidity— In an effort to ensure that the District's portfolio will be sufficiently liquid to
meet current and anticipated operating requirements, periodic cash flow analysis will
be performed. Investments shall be made so that the maturity date is compatible
with cash flow needs and safety of principal.
3. Yield — Investments shall be undertaken to produce an acceptable rate of return
after first considering safety of principal and liquidity and the prudent investor
standard.
Investment Strategy— The portfolio will be managed to meet the District's
cash flow needs. The maximum maturity of any security will not exceed 5
years except as specifically noted below. All investment activity shall be
consistent with prudent investor standard and in accordance with the
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authorized investments included under District Code 3.20.012.5.
3.20.012.3 Prudent Investor Standard As applicable to the District, the prudent investor
standard is a standard of conduct whereby any person authorized to make investment
decisions on behalf of the District acts with care, skill, prudence and diligence under the
circumstances then prevailing, including but not limited to, the general economic conditions
and the anticipated needs of the District, that a prudent person acting in like capacity and
familiarity with those matters would use in the conduct of funds of a like character and with
like aims, to safeguard the principal and meet the liquidity needs of the District.
3.20.012.4 Portfolio Any reference to the portfolio shall mean the total of the District's cash
and securities under management by the Treasurer.
Except for cash in certain Board designated, restricted and special funds,the
District will consolidate cash and reserve balances from all funds to maximize
investment earnings and to increase efficiencies with regard to investment
pricing, safekeeping, and administration. Investment income will be allocated
to the various funds or accounts based on their respective participation and
in accordance with generally accepted accounting principles.
The Treasurer may invest in any security authorized for investment under the California
Government Code, subject to the limitations described herein:
1. Maturity Limitations —
a) The aggregate maturity of the total portfolio must not exceed five (5) years for
the general operating funds of the District.
b) Funds which represent debt service reserve funds may be invested up to a term
of ten years, as long as the period invested does not exceed the term of the debt
repayment.
c) Investments of restricted funds held for the Donner Lake Assessment District
that are not expected to be needed to pay debt service on the SRF loan may be
invested up to the term of the SRF loan.
d) Construction funds may be invested to mature on or before the date funds are
expected to be needed for construction purposes.
2. Investment Transactions — the purchase of any investment other than those
purchased directly from the issuer shall be, to the extent possible, from a firm
designated as a Primary Dealer by the Federal Reserve of New York.
3. Sale of Securities — Securities may be sold to provide needed liquidity, to
restructure the portfolio to reduce risk or to increase the expected return of the
portfolio. In no instance shall a sale of securities be used for speculative purposes.
All sales are to be reported to the Board on a monthly basis.
4. Prohibited Investments — Prohibited investments include inverse floaters, range
notes, interest only strips derived from a pool of mortgages (Collateralized Mortgage
Obligations), and any security that could result in zero interest accrual if held to
maturity. (Zero interest accrual means the security has the potential to realize zero
earnings depending upon the structure of the security. Zero coupon bonds and
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similar investments that start below the face value are legal because their value
does increase.)
5. Safekeeping
a) All securities transactions entered into by the District shall be conducted on a
delivery versus payment (DVP) basis.
b) Securities shall be held by an independent custodian designated by the
Treasurer and held in safekeeping pursuant to a safekeeping agreement.
c) All financial institutions which provide safekeeping services for the District shall
be required to provide reports or safekeeping receipts directly to the Treasurer to
verify securities taken into their possession.
3.20.012.5 Authorized Investments
1. The District's authorized commercial bank in an interest bearing checking or savings
account. The Treasurer is authorized to make daily deposits and withdrawals for
purposes of the safekeeping of District monies and payments of District financial
obligations.
2. Local Agency Investment Fund (LAIF) Deposits for the purpose of investment in
the Local Agency Investment Fund of the State of California Treasury may be made
up to the maximum amount permitted by State Treasury policy. Any LAIF
investments made by the District shall be considered to be short-term in nature
even if the LAIF has invested in individual longer-term securities. The Treasurer is
authorized to make regular transfers to and from LAIF up to the limit of transactions
established by the LAI F investment policy for purposes of meeting the District's daily
cash flow needs and earning interest on surplus funds.
3. Any other investments authorized and listed in the Government Code Sections
53600-53609. The Treasurer will consult with the Board of Directors when
recommending any of the investments within these sections other than subsections
1 and 2 above. From time to time, the Board may also consult with an investment
professional pursuant to Title 3.20.012.2 Section 1 a) ii. Each investment will be
specifically authorized by the Board of Directors.
4. Bond proceeds and reserve funds will be invested only in permitted investments or
authorized investments defined in the Trust Agreement for each particular financing
which has previously been approved by the Board of Directors (Government Code
Section 53601 1). The Treasurer will consult with the Financial Advisor or Trustee on
the financing for investment recommendations to submit to the Board of Directors
for approval. The Treasurer is authorized to invest funds in a money market fund or
LAIF with the Trustee pending investment of those funds in a longer-term
investment, which will be approved by the Board of Directors.
3.20.012.6 Reporting in accordance with Section 53646 of the California Government
Code, the Treasurer shall submit a quarterly report to the Board of Directors within 30 days
following the end of the quarter covered by the report. The report shall include investment
activity, including yield and earnings, and the status of cash by depository.
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3.20.012.7 Internal Controls Annually, the District will have an independent audit by an
external auditor. This audit will provide internal control by assuring compliance with
policies and procedures.
3.20.012.9 Annual Review of Investment Policy The Investment Policy shall be submitted
at least annually to the Board of Directors for adoption. The policy shall be reviewed
annually to ensure its consistency with the overall objectives of preservation of principal,
liquidity, yield and its relevance to current law and financial and economic trends. The
review will also include the review of the diversification of the investments in the portfolio
and the custodial risk of the portfolio. Any modifications made thereto must be approved
by the Board of Directors.
CHAPTER 3.24
RESTRICTED FUNDS
Sections:
3.24.010 Restricted Funds
3.24.010.1 The Board of Directors will direct staff when monies collected by the District are
to be considered as restricted funds.
3.24.010.1 (A) Board Designated Restricted Funds are those funds restricted by Board
action and which the Board can change the purpose of the designation at any time.
3.24.010.1 (B) Restricted Funds are those funds that are restricted by contract or
agreement with the District such as a loan reserve fund.
3.24.010.2 Restricted funds will be invested pursuant to the District's investment policy as
described in Chapter 3.20, Investments.
3.24.010.3 All interest earned upon said restricted funds shall adopt a character of and
become part of the specific restricted account unless otherwise directed by the Board of
Directors. In the case of loan reserve funds whose balances are greater than the reserve
requirement, the surplus funds may be used to offset the principal and interest payments
on the loan.
3.24.010.4 Expenditures from restricted funds shall be authorized by the Board of
Directors. From time to time, the Board may pre-approve transfers from restricted funds in
advance that pertain to specific projects or activities.
Title 3 Page 35
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CALIFORNIA CLASS
BOARD OF TRUSTEES
CONTACT US
California CLASS is governed by a
Board of Trustees that administers and
oversees the affairs of the program. • • • • • • •
Christina Turner,Chair
City Manager
City of Morgan Hill :•• `e
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Ryan Clausnitzer,Vice-Chair
General Manager
Alameda County Mosquito
Abatement District
George Harris
Director of Finance
City of Lancaster
Margaret Moggia
Finance Manager A - • •
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is Fitch's opinion on the relative sensitivity of a portfolio's total return and/or net asset value to assumed changes in credit spreads and interest rates.The'S1'volatility rating indicates that the fund possesses a low
sensitivity to market risks.For a full description on rating methodology,please visit www.fitchratings.com.Ratings are subject to change and do not remove credit risk.For risks associated with investing in both a
prime-style and enhanced cash-style local government investment pool,please visit www.californiaclass.com/rates-disclaimer. Past performance is no guarantee of future results.Any financial and/or investment
decision may incur losses.
Page 45 of 231
California
CQ$S
California CLASS Participant List August 2024
Counties
El Dorado County Lake County
Sonoma County Treasurer
Municipalities
City of Artesia City of Barstow
City of Beaumont City of Bishop
City of Brentwood City of Farmersville
City of Folsom City of Fowler
City of Fullerton City of Gilroy
City of Hanford City of Hemet
City of Kingsburg City of Lancaster
City of Martinez City of Moreno Valley
City of Morgan Hill City of Oroville
City of Porterville City of Santa Ana
City of Shafter City of Signal Hill
City of Solvang City of Wasco
City of Williams Town of Fort Jones
Town of Paradise
Other
California CLASS Enhanced Cash California Special Districts Association
CSDA Finance Corporation League of California Cities
Public Agencies Self-Insurance System Regional Government Services Authority
Sewer Authority Mid-Coastside Special District Leadership Foundation
Special District Risk Management Authority Tri-County Water Authority
Special Districts
Alameda County Mosquito Abatement District Alpine Fire Protection District
Altadena Library District Anderson Springs Community Service District
Artesia Cemetery District Atwell Island Water District
Avila Beach Community Services District Banning Library District
Beaumont Library District Bell Canyon Community Services District
Big Bear Airport District Bighorn - Desert View Water Agency
Page No. 1
Page 46 of 231
California
C I A-QS
California CLASS Participant List August 2024
Bolinas Fire Protection District Bonita Sunnyside Fire Protection District
Brooktrails Township Community Services District Cabazon Water District
Camarillo Health Care District Castroville Cemetery District
Central Fire District of Santa Cruz County Channel Islands Beach Community Services Distict
Chester Public Utility District Chico Area Recreation & Park District
Chino Basin Water Conservation District Chino Basin Watermaster
City of Big Bear Lake, Department of Water and Power Clearlake Oaks County Water District
Clovis Veterans Memorial District Coachella Valley Resources Conversation District
Coalinga - Huron Recreation & Parks District Coastside Fire Protection District
Cobb Area County Water Dist Contra Costa Mosquito &Vector Control District
Copper Valley Community Services District Corcoran Irrigation District
Corning Healthcare District Costa Mesa Sanitary District
Cosumnes Community Services District Crescenta Valley Water District
Del Puerto Health Care District Delano Mosquito Abatement District
Delhi County Water District Desert Recreation District
Durham Irrigation District Durham Recreation & Park District
East Orange County Water District Emerald Bay Service District
Fallbrook Regional Health District Feather River Resource Conservation District
Georgetown Divide P.U.D. Glenn County Resource Conservation District
Gold Coast Transit District Gold Mountain Community Services District
Goleta Sanitary District Grossmont Healthcare District
Groveland Community Services District Helendale Community Services District
Heritage Ranch Community Services District Herlong Public Utility District
Hilmar County Water District Humboldt Bay Municipal Water District
Humboldt Community Services District Idyllwild Water District
Igo Ono Community Services District Indian Valley Community Services District
Ironhouse Sanitary District Kensington Police Protection and Community Services
District
Kenwood Fire Protection District Keyes Community Services District
La Puente Valley County Water District Lake Oroville Area Public Utility District
Lakeside Fire Protection District Las Gallinas Valley Sanitary District
Leucadia Wastewater District Littlerock Creek Irrigation District
Livermore Area Recreation and Park District Los Alamos Cemetery District
Madera Irrigation District Mariana Ranchos County Water District
Marina Coast Water District Mark Twain Health Care District
Page No.2
Page 47 of 231
California
C I A-QS
California CLASS Participant List August 2024
McKinleyville Community Services District Mendocino Coast Recreation and Park District
Mendocino County Waterworks District II Midway City Sanitary District
Mission Hills Community Services District Mojave Water Agency
Murphy's Sanitary District Murrieta Valley Cemetery District
North County Fire Protection District, San Diego County North Humboldt Recreation and Park District
North of River Sanitary District No. 1 North Tahoe Public Utility District
Oceano Community Services District Olympic Valley Public Service District
Orange County Cemetery District Oxnard Harbor District
Palos Verdes Library District Paradise Irrigation District
Paradise Recreation & Park District Phelan Pinon Hills Community Services District
Pico Water District Pine Grove Community Service District
Pleasant Valley County Water District Pleasant Valley Recreation and Park District
Potter Valley Irrigation District (PVID) Rainbow Municipal Water District
Rancho Murieta Community Services District Rancho Santa Fe Fire Protection District
Reclamation District No. 1000 Resource Conservation District of Greater San Diego
County
Rim of the World Recreation and Park District Rio Linda Elverta Recreation and Park District
Rossmoor Los Alamitos Area Sewer District San Antonio Basin Water District
San Diego County Citrus Pest Control District San Gabriel Valley Mosquito and Vector Control District
San Mateo County Mosquito and Vector Control District San Miguel Consolidated Fire Protection District
San Simeon Community Services District Sanitary District No. 5 of Marin County
Santa Cruz Port District Santa Maria Public Airport District
Santa Maria Valley Water Conservation District Santa Ynez River Water Conservation District
Scotts Valley Water District Shandon-San Juan Water District
Sierra Resource Conservation District Sonoma Resource Conservation District
Sonoma Valley Fire District South Placer M.U.D.
Stockton East Water District Tahoe -Truckee Sanitation Agency
Tahoe City Public Utility District Tehachapi Valley Recreation and Park District
Temecula Public Cemetery District Templeton Community Services District
Town of Discovery Bay- Community Services District Trabuco Canyon Water District
Tracy Rural County Fire Protection District Truckee Donner Recreation and Park District
Truckee Sanitary District Truckee Tahoe Airport District
Turner Island Water District Twain Harte Community Services District
Twentynine Palms Water District Union Public Utility District
Vandenberg Village Community Services District Ventura River Water District
Page No.3
Page 48 of 231
California
C I A-QS
California CLASS Participant List August 2024
Vista Fire Protection District Wallace Community Services District
Weott Community Services District West Basin Municipal Water District
West County Wastewater District Western Shasta Resource Conservation District
Williams Fire Protection Authority Yuima Municipal Water District
Total Participants: 196
Disclaimer- This participant list is being made public as a service to our participant base. The listed participants are
active as of the end of the month.
Page No.4
Page 49 of 231
California
C I mcvths
California Cooperative
Get to Know California CLASS
California CLASS is a local government investment pool that
Holistic - • ' was created under the Joint Powers Act. It allows eligible
designed • . public agencies to invest their funds in a professionally
managed Joint Powers Authority.
Participation is available to any California public
agency under California Government Code 6500
Portfolio Allocation and 6509.7. Investments are made in
accordance with California Government Code
U.S. Section 53601 and the California CLASS
Government Certificates of Investment Policies.
Agency Deposit
Securities 24.73%
11.98% The California CLASS portfolio investment
strategy prioritizes minimizing market risk and
Repurchase Collateralized Bank enhancing safety via diversified investments.
Agreements Deposits
Funds of the Participants are invested in prime
17.38% 0.05% or high grade, short-term fixed income
It instruments as illustrated to the left. We aim to
Money Market____7
provide competitive yields while adhering to all
rcpommercialFunds aperA-1 objectives of safety and liquidity. The California
8.01% Commercial °
/o
PaperA-1+ CLASS Prime Fund carries a 'AAAm' rating from
14.96% S&P Global Ratings.
Participant Breakdown by Type California CLASS Board of Trustees
Christina Turner, Ryan Clausnitzer,Vice
Balance Entity Chairperson Chairperson
79.07% City Manager General Manager
City of Morgan Hill Alameda County Mosquito
Abatement District
46.46% 47.82% George Harris, Treasurer Margaret Moggia, Board
Director of Finance Secretary
City of Lancaster Finance Manager
Town of Discovery Bay
Community Services District
13.95%
5.65% ■ 5.23%
0.06% 1.74%
■County ■Municipality ■County ■Municipality
■Other Special District ■Other ■Special District
California CLASS welcomes all public agencies without
favor to one type. The Board membership represents the Contact us to get -
diversity of such agencies and works to maintain a product
that services the needs of all California public agencies. calif•rniaclass •
mI
Source: Public Trust Advisors,LLC. Data as of 05/31/2024. Data unaudited. Charts and/or values presented may not add up precisely to absolute figures due to rounding. Many
factors affect performance including changes in market conditions and interest rates and in response to other economic,political,or financial developments. Investment involves
risk including the possible loss of principal. No assurance can be given that the performance objectives of a given strategy will be achieved. California CLASS is not a bank.An
investment in California CLASS is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.Although the California CLASS stable
NAV fund(s) seek to preserve the value of your investment at$1.00 per share, California CLASS cannot guarantee they will do so. A AAAm'rating by S&P Global Ratings is
obtained after S&P evaluates a number of factors including credit quality, market price exposure, and management. For a full description on rating methodology, please visit
www.spglobal.com. Ratings are subject to change and do not remove credit risk. Please review the applicable Information Statement(s)before investing.Past performance is
no guarantee of future results.Any financial and/or investment decision may incur losses.
Page 50 of 231
California CLASS Enhanced Cash
A next-day liquidity investment option designed
for California CLASS Participants seeking California
additional income CL $S
•
�y w
CASH MANAGEMENT DIVERSIFICATION WITHDRAWALS
Gain exposure to longer-dated securities to Withdrawn funds are available the business day
potentially increase the total return profile after the transaction date that is entered in the
of your public agency's liquidity portfolio. online portal.
0
REPORTING ACCOUNTS
Enhanced Cash Participants can conveniently With Enhanced Cash, your public agency will
access transaction confirmations and monthly enjoy unlimited subaccounts and monthly
statements on-demand via the Online transactions; seamlessly transfer between
Participant Portal. all of your California CLASS accounts.
0 www.californiaclass.com
0 info@californiaclass.com
0 550 S. Hope Street, Suite 560
Los Angeles, CA 9007i
1 � 1
Investment Option pr California CLASS -1 ir California CLASS
Prime Enhanced Cash
Portfolio Prime-style fund Enhanced cash
Type
I
Purpose Operating Funds Strategic Reserves
Rating 'AAAm' 1
AAAf/S1'
Liquidity Daily Next-Day
Offered
Min/Max
Investment None None
Online Transaction confirms, Transaction confirms,
Reporting monthly&on-demand monthly&on-demand
statements statements
Withdrawals Unlimited Unlimited
Accounts Unlimited Unlimited
Investment Horizon I Day-to-Day 12-18 Months
Dividend Rate Accrue Daily Accrue Daily
WAM <60 days 90-200 days
Net Asset Value(NAV) Stable$1.00 per share Variable$10.00 per share
ELIGIBLE California CLASS investments are made in accordance ••- Section
INVESTMENTS 09description
Policy.Enhanced Cash Investment
Many factors affect performance including changes in market conditions and interest rates and in response to other economic,political,or financial developments.Investment involves risk
including the possible loss of principal.No assurance can be given that the performance objectives of a given strategy will be achieved.California CLASS is not a bank.An investment in
California CLASS is not insured by the Federal Deposit Insurance Corporation or any other government agency.Please read the applicable information statement(s)carefully before making
any investment decision.Past performance is no guarantee of future results.Any financial and/or investment decision may incur losses.
California CLASS Prime is rated 'AAAm'by S&P Global Ratings.A'AAAm'rating by S&P Global Ratings is obtained after S&P evaluates a number of factors including credit quality,market
price exposure,and management.For a full description on rating methodology,please visit www.spglobal.com.California CLASS Enhanced Cash is rated'AAAf/S1'by FitchRatings.The'AAAf'
rating is Fitch's opinion on the overall credit profile within a fixed-income fund/portfolio and indicates the highest underlying credit quality of the pool's investments.The'S1'volatility rating is
Fitch's opinion on the relative sensitivity of a portfolio's total return and/or net asset value to assumed changes in credit spreads and interest rates.The'S1'volatility rating indicates that the
fund possesses a low sensitivity to market risks.For a full description on rating methodology,please visit www.fitchratings.com.Ratings are subject to change and do not remove credit risk.
Page 52 of 231
California
C S
L $
California CLASS Registration Packet
Ibballow
Page 53 of 231
California
CL California Cooperative Liquid Assets Securities System
P Q Y
Welcome to California CLASS
Thank you for choosing California CLASS!
We believe you have made a sound financial decision in choosing California Cooperative Liquid Assets Securities System
(California CLASS). We look forward to being a trusted partner to your organization and its investment management
goals and are excited to connect with you to make your investment process a positive, easy experience.
This packet contains all the materials necessary to set up your California CLASS account(s). If you have any questions
about the registration process or about your California CLASS account(s), please do not hesitate to contact us. The
California CLASS Client Service team can be reached any business day from 8:00 a.m. to 4:00 p.m. PT by phone at
(877) 930-5213 or by email at clientservices@californiaclass.com.
717 17th Street, Suite 1850 T (877) 930-5213 clientservices@californiaclass.com
Denver, Colorado 80202 F (877) 930-5214 www.californiaclass.com
Page 2
Page 54 of 231
California
CL California Cooperative Liquid Assets Securities System
P Q Y
Registration Procedures
To participate in California CLASS, please complete the following:
1) Review the Joint Exercise of Powers Agreement and the applicable Information Statements relating to the
California CLASS Prime Fund and the Enhanced Cash Fund (located in the Document Center at
www.californiaclass.com).
2) Complete the California CLASS Participant Representation Form (page 4).
3) Complete the Participant Registration (page 5).
4) Complete the Authorized Contacts Form (pages 6/7).
5) Should you be interested in participating in California CLASS Prime, complete the California CLASS Prime Fund
Account(s) to be Established form; you may open as many accounts as you wish (page 8).
6) Should you be interested in participating in California CLASS Enhanced Cash, complete the California CLASS
Enhanced Cash Fund Account(s) to be Established Form; you may open as many accounts as you wish (page 9).
7) Keep the original forms for your records and send the completed packet to the California CLASS Client Service
team by fax (877) 930-5214 or by email clientservices@caIiforniaclass.com.
Questions? Please contact us; we would love to hear from you:
California CLASS Client Service Team
T (877) 930-5213
clientservices@californiaclass.com
Through the California CLASS website, www.californiaclass.com, Participants will be regularly informed of important
program information, holidays, upcoming Board meetings, Participant events, conferences, and more. Board of Trustee
meetings, which are open to the public, are generally held quarterly and discuss relevant issues to the governance and
operations of the California CLASS program.
717 17th Street, Suite 1850 T (877) 930-5213 clientservices@californiaclass.com
Denver, Colorado 80202 F (877) 930-5214 www.californiaclass.com
Page 3
Page 55 of 231
California
CL California Cooperative Liquid Assets Securities System
P Q Y
Participant Representation Form
Participant Information
Entity Name (Participant)
Participant Representations
The undersigned Authorized Signer for the Participant hereby represents and warrants the following during the period
the Participant is investing in the California CLASS Investment Program:
• The Participant is (1) a Public Agency (as defined in the Joint Exercise of Powers Agreement) and (2)(a) a
political subdivision of the State of California or(b) an organization whose income is excluded from taxable gross
income under Section 115 of the Internal Revenue Code, in each case, that has the authority to invest funds in
its treasury in investments in accordance with Section 53601 of the California Government Code.
• The Participant is authorized to invest in the California CLASS.
• Any Authorized Signer for the Participant designated in this California CLASS Registration Packet has full power
and authority to make investments for the above Participant in the California CLASS Investment Program unless
the California CLASS receives written notice from the Participant otherwise.
• The Participant has reviewed and agrees to the limitations described in the Joint Exercise of Powers Agreement
and the Information Statements for the Funds within the California CLASS Investment Program and
acknowledges that it has been supplied with or been given access to information it requested in connection with
making an investment in the California CLASS Investment Program.
• The Participant has reviewed the Investment Policies for the Funds within the California CLASS Investment
Program and has determined that they are consistent with the legal and policy limitations applicable to the
Participant's investments.
• The Participant has consulted with its own counsel and advisers as to all matters concerning investment in the
California CLASS Investment Program.
Authorized Signer
Signature Date
Print Name Title
Many factors affect performance including changes in market conditions and interest rates and in response to other economic,political,or financial developments.Investment
involves risk including the possible loss of principal. No assurance can be given that the performance objectives of a given strategy will be achieved. Past
performance is no guarantee of future results.Any financial and/or investment decision may incur losses.
717 17th Street, Suite 1850 T (877) 930-5213 clientservices@californiaclass.com
Denver, Colorado 80202 F (877) 930-5214 www.californiaclass.com
Page 4
Page 56 of 231
California
CL California Cooperative Liquid Assets Securities System
P Q Y
Participant Registration
Entity Information
Entity Name (Participant)
Entity Type: 0 City/Town ❑ County ❑ School District ❑ Special District
❑ Other (Specify)
Mailing Address
City Zip County
Physical Address (if different than above)
City Zip County
Tax ID Fiscal Year End Date (Month/Day)
California CLASS is hereby authorized to honor any telephone, faxed, or electronic request believed to be authentic for withdrawal of
funds. The withdrawal proceeds can be sent only to the bank(s) indicated below unless changed by written instructions. Each
Participant is responsible for notifying California CLASS of any changes to its account by filling out and sending via mail or email the
Forms available on the California CLASS website.
Wires will be distributed every hour with the final distribution ending at 11:00 a.m. PT; distribution times are subject to change as
needed by the California CLASS Administrator. Additionally, California CLASS must be notified of any contributions by 11:00 a.m. PT
to receive same day credit. If funds are not received by 2:00 p.m. PT, contribution orders will be voided.
Banking Information
Bank Name Bank Routing Number (ABA)
Account Title Account Number
Bank Contact Contact's Phone Number
❑ Wire ❑ ACH ❑ Both
Additional Banking Information (Optional)
Bank Name Bank Routing Number (ABA)
Account Title Account Number
Bank Contact Contact's Phone Number
❑ Wire ❑ ACH ❑ Both
717 17th Street, Suite 1850 T (877) 930-5213 clientservices@californiaclass.com
Denver, Colorado 80202 F (877) 930-5214 www.californiaclass.com
Page 5
Page 57 of 231
California
CL California Cooperative Liquid Assets Securities System
P Q Y
Authorized Contacts
Authorized Signers Can: Read-Only Users Can:
Approve changes to the Investor Profile Receive account updates
Update banking/contact information Request"view-only"access to monthly statements
Transfer funds and transaction confirmations
Receive account updates
Authorized Signer
Print First and Last Name Title
Signature Required Phone
Email Fax
Email Notifications (notice of report availability in the online portal)
❑ Monthly Statements
❑ Transaction Confirmations
Additional Contact (Optional)
Print First and Last Name Title
*(Signature Required if Authorized Signer) Phone
Email Fax
Permissions (check one only) Email Notifications (notice of report availability in the online portal)
❑ Authorized Signer to Move Funds* ❑ Monthly Statements
❑ Read-Only Access ❑ Transaction Confirmations
Additional Contact (Optional)
Print First and Last Name Title
*(Signature Required if Authorized Signer) Phone
Email Fax
Permissions (check one only) Email Notifications (notice of report availability in the online portal)
❑ Authorized Signer to Move Funds* ❑ Monthly Statements
❑ Read-Only Access ❑ Transaction Confirmations
717 17th Street, Suite 1850 T (877) 930-5213 clientservices@californiaclass.com
Denver, Colorado 80202 F (877) 930-5214 www.californiaclass.com
Page 6
Page 58 of 231
California
CL California Cooperative Liquid Assets Securities System
P Q Y
Authorized Contacts (cont.)
Additional Contact (Optional)
Print First and Last Name Title
*(Signature Required if Authorized Signer) Phone
Email Fax
Permissions (check one only) Email Notifications (notice of report availability in the online portal)
❑Authorized Signer to Move Funds* ❑ Monthly Statements
❑Read-Only Access ❑Transaction Confirmations
Additional Contact (Optional)
Print First and Last Name Title
*(Signature Required if Authorized Signer) Phone
Email Fax
Permissions (check one only) Email Notifications (notice of report availability in the online portal)
❑Authorized Signer to Move Funds* ❑ Monthly Statements
❑ Read-Only Access ❑Transaction Confirmations
Additional Contact (Optional)
Print First and Last Name Title
*(Signature Required if Authorized Signer) Phone
Email Fax
Permissions (check one only) Email Notifications (notice of report availability in the online portal)
❑Authorized Signer to Move Funds* ❑ Monthly Statements
❑ Read-Only Access ❑ Transaction Confirmations
717 17th Street, Suite 1850 T (877) 930-5213 clientservices@californiaclass.com
Denver, Colorado 80202 F (877) 930-5214 www.californiaclass.com
Page 7
Page 59 of 231
California
CL California Cooperative Liquid Assets Securities System
P Q Y
California CLASS Prime Fund Account(s) to be Established
Entity Name (Participant):
Desired Subaccount Names)*:
(To be completed by Participant)
*Name must be limited to 35 characters.
Once your California CLASS account has been established, you will receive a confirmation email with your login
credentials from no-reply0californiaclass.com. If you do not receive your login credentials within 48 business hours of
submission, please first check your junk or Spam folder before calling the California CLASS Client Service team.
717 17th Street, Suite 1850 T (877) 930-5213 clientservices@californiaclass.com
Denver, Colorado 80202 F (877) 930-5214 www.californiaclass.com
Page 8
Page 60 of 231
California
CL California Cooperative Liquid Assets Securities System
P Q Y
California CLASS Enhanced Cash Fund Account(s) to be Established
Entity Name (Participant):
Desired Subaccount Names)*:
(To be completed by Participant)
California CLASS Enhanced Cash is designed to
complement the daily liquidity offered by the
California CLASS Prime portfolio.
Enhanced Cash does not seek to maintain a
stable net asset value (NAV) and does not offer
daily liquidity. Unlike the Prime Fund, investing in
Enhanced Cash introduces the potential for the
reporting of unrealized and realized gains and losses.
If you have questions about which of your local
government's funds are appropriate for the California
CLASS Enhanced Cash portfolio, please contact your
California CLASS representative or email
info@californiaclass.com.
*Name must be limited to 35 characters.
Once your California CLASS account has been established, you will receive a confirmation email with your login
credentials from no-reply@californiaclass.com. If you do not receive your login credentials within 48 business hours of
submission, please first check your junk or spam folder before calling the California CLASS Client Service team.
717 17th Street, Suite 1850 T (877) 930-5213 clientservices@californiaclass.com
Denver, Colorado 80202 F (877) 930-5214 www.californiaclass.com
Page 9
Page 61 of 231
Menu
CAMP Search
0 Sign In
..F 2
f
Investment Services
by and for
California Public Agencies Since 1989
Current Rate
Program Overview
California Asset Management Program("CAMP"or the"Program")is a California Joint Powers Authority("JPA")established in 1989 to provide California
public agencies with professional investment services.Investments offered through the Cash Reserve Portfolio(the"Pool"or the"CAMP Pool")and
CAMP Term are permitted for all local agencies under California Government Code Section 53601(p).The Program also offers educational resources,
market updates and arbitrage rebate compliance services.
CAMP is directed by a Board of Trustees,which is made up of experienced local government finance directors and treasurers.
CAMP offers a range of services to assist public agencies with investing their operating funds,bond proceeds,debt service funds,and reserve funds.
Whether your agency is looking for daily liquidity or cost-effective access to high-quality fixed income markets,CAMP can help with the following
options:
CAMP Pool:This fully liquid,stable net asset value(NAV)investment option stresses daily liquidity and safety of principal as the two primary objectives,
as underscored by its AAAm*rating from Standard&Poor's.Earning a competitive yield is a third goal after safety and liquidity.
CAMP Term("Term"):This investment option is for agencies with known cash flows to have an opportunity to optimize interest earnings.This fixed-
rate,fixed-term investment option,rated AAAf**by Fitch,offers securities with maturities ranging from 60 days to one year.Term investments are
designed to match a Shareholder's specific cash flow requirements.Investment principal and interest are paid at maturity,with an automatic sweep into
the CAMP Pool.
Specialized service options:CAMP also offers individually managed portfolios with investment and safekeeping services at a reasonable cost and
arbitrage rebate analysis and calculation for bond proceeds invested with CAMP.These services are authorized by the Board of Trustees and
administered by CAMP's investment adviser,PFM Asset Management LLC("PFMAM"or the"Investment Adviser").
Additional Information
For additional information please call(800)729-7665 to speak to a Program Representative.
*Standard&Poor's fund ratings are based on analysis of credit quality,market price exposure,and management.According to Standard&Poor's rating
criteria,the AAAm rating signifies excellent safety of invested principal and a superior capacity to maintain a$1.00 per share net asset value.However,it
should be understood that the rating is not a"market"rating nor a recommendation to buy,hold or sell the securities.For a full description on rating
methodology,visit Standard&Poor's website.
**The AAAf rating reflects Fitch Ratings'("Fitch")review of the Term program's investment and credit guidelines,the portfolio's credit quality and
diversification,as well as the capabilities of PFM Asset Management LLC as investment adviser.It indicates the highest underlying credit quality(or
lowest vulnerability to default).However,it should be understood that this rating is not a"market"rating nor a recommendation to buy,hold or sell the
securities.For a full description on rating methodology visit www.fitchratings.com.
CAMP®is a registered trademark and the CAMP logos and designs are trademarks owned by the California Asset Management Trust
(Trust).
This information is for institutional investor use only,not for further distribution to retail investors,and does not represent an offer to
sell or a solicitation of an offer to buy or sell any fund or other security. Investors should consider the Trust's in—cf—f nhionfA.oc
risks,charges and expenses before investing in the Trust. This and other information about the Trust is availa Important Announcements
Information Statement, which should be read carefully before investing.A copy of the Trust's Information Statemenr may ua uuraaiau
Page 62 of 231
by calling 1-800-729-7665 or is available on the Trust's website at www.camponline.com. While the Cash Reserve Portfolio seeks to
maintain a stable net asset value of$1.00 per share and the CAMP Term Portfolio seeks to achieve a net asset value of$1.00 per
share at the stated maturity,it is possible to lose money investing in the Trust.An investment in the Trust is not insured or guaranteed
by the Federal Deposit Insurance Corporation or any other government agency. Shares of the Trust are distributed by PFM Fund
Distributors,Inc.,member Financial Industry Regulatory Authority(FINRA)(wwwfinra.org)and Securities Investor Protection
Corporation(SIPC)(www.sipc.org).PFM Fund Distributors, Inc.is an affiliate of PFM Asset Management LLC.
Copyright 2020,All Rights Reserved.
CAMPs 7day is currently the same yield as CLASS
('"` &S
Page 63 of 231
California State Treasurer
Fionar Mal', cPA
i
Local Agency Investment Fund August 01, 2024
P.O. Box 942809
Sacramento, CA 94209-0001 LAW Home
(916) 653-3001 PMIA Average Monthly
Yields
TRUCKEE-DONNER PUBLIC UTILITY DISTRICT
TREASURER
11570 DONNER PASS ROAD
TRUCKEE, CA 96161
Tran Type Definitions
i
Account Number: 85-29-002
July 2024 Statement
Web
Effective Transaction Tran Confirm Confirm
Date Date Type Number Number Authorized Caller Amount
7/15/2024 7/12/2024 QRD 1756389 N/A SYSTEM 310,060.20
Account Summary_
Total Deposit: 310,060.20 Beginning Balance: 27,951,089.18
Total Withdrawal: 0.00 Ending Balance: 28,261,149.38
Investment Holdings Schedules - Page 1 of 30 Page 64 of 231
�%vEs ��� �����•�tiav�sr��y
Cn PMIA/LAIF Performance Report R �,
O C v C
as of 9/18/24
uoum�� � �1auia�
Quarterly Performance PMIA Average Monthly
Quarter Ended 06/30/24 Effective Yields(')
LAIF Apportionment Rate(2) 4.55 August 4.579
LAIF Earnings Ratio(2) 0.00012419067099490 July 4.516
LAIF Administrative Cost(')*: 0.16 June 4.480
LAIF Fair Value Factor(l): 0.996316042 May 4.332
PMIA Daily(l): 4.52 April 4.272
PMIA Quarter to Date('): 4.36 March 4.232
PMIA Average Life('): 217
Pooled Money Investment Account
Monthly Portfolio Composition (1)
8/31/24
$163.4 billion
Corporate
Commercial Bonds
Time
Paper 0.51%
Deposits 5.79% Loans
3.22%
0.26/0
Certificates of
Deposit/Bank Notes
8.17%
Treasuries
Agencies 58.85%
23.21%
Chart does not include $1,368,000.00 in mortgages,which equates to 0.001%. Percentages may not total 100% due to rounding.
Daily rates are now available here. View PMIA Daily Rates
Notes: The apportionment rate includes interest earned on the CaIPERS Supplemental Pension Payment pursuant to Government Code 20825
(c)(1)and interest earned on the Wildfire Fund loan pursuant to Public Utility Code 3288 (a).
*The percentage of administrative cost equals the total administrative cost divided by the quarterly interest earnings. The law provides that
administrative costs are not to exceed 5% of quarterly EARNINGS of the fund. However, if the 13-week Daily Treasury Bill Rate on the last day of
the fiscal year is below 1°o, then administrative costs shall not exceed 8%of quarterly EARNINGS of the fund for the subsequent fiscal year.
Source:
M State of California, Office of the Treasurer
izi State of Calfiornia, Office of the Controller
Investment Holdings Schedules - Page 2 of 30 Page 65 of 231
PLACER COUNTY TREASURER'S INVESTMENT PORTFOLIO
2976 RICHARDSON DRIVE, AUBURN,CA 95603
(530)889-4143 FAX(530)889-4100
STATEMENT OF ACCOUNT
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
11570 DONNER PASS ROAD
TRUCKEE,CA 96161
Attention: Michael Salmon,Treasurer/CFO Dept: 70
Melanie Rives, Assistant Treasurer/Controller Fund M 32011
(530)587-3896 Program#: 220042
michaelsalmon(aaWpud.org Cost Center#: 22036
melanierives(@tdpud.org
tpearson(a�tdpud.org
DATE TRANSACTION DESCRIPTION DEBIT CREDIT BALANCE
01/31/23 Interest Apportionment 2.270% 12,460.56 6,476,479.76
02/28/23 Interest Apportionment 2.229% 11,469.87 6,487,949.63
03/31/23 Interest Apportionment 2.419% 13,331.62 6,501,281.25
04/30/23 Interest Apportionment 2.649% 14,157.06 6,515,438.31
05/31/23 Interest Apportionment 2.710% 14,996.29 6,530,434.60
06/30/23 Interest Apportionment -Accrued 2.707% 14,530.34 6,544,964.94
07/01/23 Interest Apportionment -Adjustment 30.36 6,544,995.30
07/31/23 Interest Apportionment 2.799% 15,559.91 6,560,555.21
08/31/23 Interest Apportionment 2.948% 16,427.89 6,576,983.10
09/30/23 Interest Apportionment 3.061% 16,547.84 6,593,530.94
10/31/23 Interest Apportionment 3.112% 17,427.34 6,610,958.28
11/30/23 Interest Apportionment 3.133% 17,022.77 6,627,981.05
12/31/23 Interest Apportionment 3.306% 18,608.27 6,646,589.32
01/31/24 Interest Apportionment 3.420% 19,304.63 6,665,893.95
02/29/24 Interest Apportionment 3.446% 18,250.40 6,684,144.35
03/31/24 Interest Apportionment 3.339% 18,954.01 6,703,098.36
04/30/24 Interest Apportionment 3.606% 19,867.87 6,722,966.23
05/31/24 Interest Apportionment 3.517% 20,083.25 6,743,049.48
06/30/24 Interest Apportionment—Accrued 3.645% 20,202.78 6,763,252.26
07/31/24 Interest Apportionment 3.7655% 21,629.47 6,784,881.73
Investment Holdings Schedules - Page 3 of 30 Page 66 of 231
OFFICE OF TRISTAN BUTCHER
TREASURER-TAX COLLECTOR
COUNTY OF PLACER
TREASURERS POOH INVESTMENT REPORT
For the Month of July 31, 2024
2976 Richardson Drive, Auburn, CA 95603
Phone: (530) 889-4120 1 Fax: (530J 889-4123
www.placer.ca.gov/tax
Investment Holdings Schedules - Page 4 of 30 Page 67 of 231
PREFACE
Placer County Treasurer's Pooled Investment Report
July 31, 2024
For the purpose of clarity,the following glossary of investment terms has been provided.
Book Value is the purchase price of a security plus amortization of any premium or discount. This may be more or less than face value, depending upon whether the
security was purchased at a premium or at a discount.
Par Value is the principal amount of a security and the amount of principal that will be paid at maturity.
Market Value is the value at which a security can be sold at the time it is priced or the need to sell arises.
Market values are only relevant if the investment is sold prior to maturity. Profit or loss would be realized only if the specific investment were to be sold.
Government Code 53646 Compliance Report
The following information is a monthly update of funds on deposit in the Placer County Treasury pursuant to California Government code Section 53646. Further
details of individual investments are included in the Treasurer's Monthly Investment Report. All investment transactions and decisions have been made with full
compliance with California Government Code and Placer County's Statement of Investment Policy.
Individual securities are priced at the end of each month by Wells Fargo Bank.
The Weighted Average Maturity of the investments with the Treasury is 631 days.
The ability of the Placer County Treasury to meet its cash flow needs is demonstrated by$412,520,701.10 in cash and investments maturing in the next 180 days.
Investment Holdings Schedules - Page 5 of 30 Page 68 of 231
Placer County
General Fund
Portfolio Management
Portfolio Summary
July 31, 2024
Par Market Book %of Days to YTM YTM
Investments Value Value Value Portfolio Term Maturity 360 Equiv. 365 Equiv.
LGIP 125,000,000.00 125,000,000.00 125,000,000.00 5.57 1 1 5.147 5.218
U.S.Treasury Coupons 645,000,000.00 628,376,901.92 631,374,183.94 28.12 1,154 678 3.704 3.756
mPower Placer-Long Term 3,264,924.45 3,102,957.97 3,268,829.67 0.15 7,340 4,431 4.076 4.132
Federal Agency Coupons 1,274,000,000.00 1,264,702,160.00 1,273,856,751.32 56.74 1,160 677 3.446 3.494
Collateralized Inactive Bank Deposi 20,000,000.00 20,000,000.00 20,000,000.00 0.89 1 1 4.438 4.500
Negotiable Certificates of Deposit 70,000,000.00 69,994,900.00 70,000,000.00 3.12 327 188 5.363 5.437
Collateralized CDs 23,000,000.00 23,000,000.00 23,000,000.00 1.02 552 184 4.925 4.993
Commercial Paper Disc.-Amortizing 80,000,000.00 79,988,311.11 80,000,000.00 3.56 1 0 5.261 5.334
Local Agency Bond 9,815,882.90 9,545,487.91 9,815,882.90 0.44 7,051 4,863 2.985 3.027
mPower Placer 8,166,820.52 7,412,494.36 8,166,820.52 0.36 7,706 5,371 3.662 3.713
mPower-Folsom 429,225.47 408,435.99 429,225.47 0.02 7,683 4,532 3,260 3.305
Investments 2,258,676,853.34 2,231,531,649.26 2,244,911,693.82 100.00% 1,070 631 3.762 3.814
Cash
Passbook/Checking 17,469,137.90 17,469,137.90 17,469,137.90 1 1 0.000 0.000
(not included in yield calculations)
Total Cash and Investments 2,276,145,991.24 2,249,000,787.16 2,262,380,831.72 1,070 631 3.762 3.814
Total Earnings July 31 Month Ending Fiscal Year To Date
Current Year 7,869,694.27 7,869,694.27
Average Daily Balance 2,444,541,996.38 2,444,541,996.38
Effective Rate of Return 3.79% 3.79%
L✓ OZi l Z, Zv
JONAT AN SCHMIDT,ASST.TREASURER-TAX COLLECTOR
Reporting period 07/01/2024-07/3112024 Portfolio PLCR
Data Updated: FUNDSNAP: 08/09/2024 11:35 AC
Run Date:08/09/2024-11:35 IE(PRF_PM1)7.3.11
Report Ver.7.3.11
Investment Holdings Schedules - Page 6 of 30 Page 69 of 231
General Fund
Portfolio Management Page 1
Portfolio Details - Investments
July 31, 2024
Average Purchase Stated YTM Days to Maturity
CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate 365 Maturity Date
LGIP
LGIP 22486 California Asset Mgnn't Prog 60,000,000.00 60,000,000.00 60,000,000.00 5.000 5.000 1
SYS23345 23345 CalTRUST 65,000,000.00 65,000,000.00 65,000,000.00 5.420 5.420 1
Subtotal and Average 125,000,000.00 125,000,000.00 125,000,000.00 125,000,000.00 5.218 1
U.S.Treasury Coupons
91282CBH3 20549 U.S.TREASURY COUPON 03/10/2021 10,000,000.00 9,410,200.00 9,937.744.69 0.375 0.773 548 01/31/2026
91282821-13 20550 U.S.TREASURY COUPON 03/10/2021 10,000,000.00 9,972,100.00 10,011,644.93 1.875 0.443 30 08/31/2024
912828Z52 20551 U.S.TREASURY COUPON 03/10/2021 10,000,000.00 9,819,700.00 10,040,388.92 1.375 0.559 183 01/31/2025
91282CAJO 20553 U.S.TREASURY COUPON 03/11/2021 10,000,000.00 9,533,600.00 9,954,309.67 0,250 0.680 395 08/31/2025
91282CAB7 20556 U.S.TREASURY COUPON 03/11/2021 10,000,000.00 9,568,100.00 9,959,759.45 0.250 0.660 364 07/31/2025
91282CBH3 20557 U.S.TREASURY COUPON 03/11/2021 10,000,000.00 9,410,200.00 9,940,584.78 0.375 0.753 548 01/31/2026
91282CBQ3 20558 U.S.TREASURY COUPON 03/11/2021 10,000,000.00 9,403,900.00 9,955,867.77 0.500 0.786 576 02/28/2026
912828ZTO 20569 U.S.TREASURY COUPON 03/19/2021 10,000,000.00 9,625,900.00 9,966,359.40 0.250 0.662 303 05/31/2025
912828ZW3 20575 U.S.TREASURY COUPON 03/25/2021 10,000,000.00 9,598,400.00 9,966,687.31 0.250 0.621 333 06/30/2025
91282CAM3 20590 U.S.TREASURY COUPON 04/07/2021 10,000,000.00 9,506,300.00 9,943,005.02 0.250 0.749 425 09/30/2025
912828ZTO 20600 U.S.TREASURY COUPON 04/09/2021 10,000,000.00 9,625,900.00 9,966,831.21 0.250 0.656 303 05/31/2025
91282CAB7 20601 U.S.TREASURY COUPON 04/09/2021 10,000,000.00 9,568,100.00 9,955,916.45 0.250 0.700 364 07/31/2025
91282CAB7 20612 U.S.TREASURY COUPON 04/15/2021 10,000,000.00 9,568,100.00 9,960,100.45 0.250 0.656 364 07/31/2025
91282CEY3 22473 U.S.TREASURY COUPON 04/21/2023 20,000,000.00 19,678,000.00 19,809,420.96 3.000 4.054 348 07/15/2025
9128282A7 22474 U.S.TREASURY COUPON 04/21/2023 20,000,000.00 18,930,400.00 19,127,165.84 1.500 3.799 744 08/15/2026
9128282RO 22475 U.S.TREASURY COUPON 04/21/2023 20,000,000.00 18,967,200.00 19,202,268.94 2.250 3.681 1,109 08/15/2027
9128283W8 22476 U.S.TREASURY COUPON 04/21/2023 10,000,000.00 9,580,500.00 9,712,039.50 2.750 3.644 1,293 02/15/2028
91282CGGO 22558 U.S.TREASURY COUPON 06/12/2023 5,000,000.00 4,975,900.00 4,983,292.47 4.125 4.825 183 01/31/2025
9128283W8 22593 U.S.TREASURY COUPON 06/29/2023 20,000,000.00 19,161,000.00 19,099,695.26 2.750 4.161 1,293 02/15/2028
91282CFE6 22609 U.S.TREASURY COUPON 07/06/2023 10,000,000.00 9,842,400.00 9,817,197.63 3.125 5.002 379 08/15/2025
91282CHH7 22612 U.S.TREASURY COUPON 07/10/2023 10,000,000.00 9,966,000.00 9,915,302.58 4.125 4.614 683 06/15/2026
91282CGL9 22613 U.S.TREASURY COUPON 07/10/2023 10,000,000.00 9,931,600.00 9,896,398.53 4.000 4.722 563 02/15/2026
91282CEU1 22614 U.S.TREASURY COUPON 07/10/2023 20,000,000.00 19,668,800.00 19,656,550.99 2.875 4.968 318 06/15/2025
91282CFE6 22615 U.S.TREASURY COUPON 07/10/2023 15,000,000.00 14,763,600.00 14,742,896.43 3.125 4.882 379 08/15/2025
91282CEQO 23052 U.S.TREASURY COUPON 08/28/2023 10,000,000.00 9,835,600.00 9,823,060.60 2.750 5.127 287 05/15/2025
91282CHU8 23055 U.S.TREASURY COUPON 08/28/2023 10,000,000.00 10,019,500.00 9,937,742.38 4.375 4.705 744 08/15/2026
91282CGE5 23116 U.S.TREASURY COUPON 10/16/2023 20,000,000.00 19,823,400.00 19,712,804.14 3.875 4.927 532 01/15/2026
91282CHM6 23117 U.S.TREASURY COUPON 10/16/2023 20,000,000.00 20,078,200.00 19,880,041.13 4.500 4.829 713 07/15/2026
912828X88 23118 U.S.TREASURY COUPON 10/16/2023 20,000,000.00 19,096,200.00 18,808,507.08 2.375 4.723 1,017 05/15/2027
9128284N7 23119 U.S.TREASURY COUPON 10/16/2023 20,000,000.00 19,208,600.00 18,806,511.51 2.875 4.642 1,383 05/15/2028
91282CGE5 23129 U.S.TREASURY COUPON 10/20/2023 10,000,000.00 9,911,700.00 9,828,262.53 3.875 5.137 532 01/15/2026
Portfolio PLCR
Data Updated: FUNDSNAP:08/09/2024 11:35 AC
Run Date:08/09/2024-11:35 -
PM(PRF_PM2)7.3.11
Investment Holdings Schedules - Page 7 of 30 Reppggd70 of 231
General Fund
Portfolio Management Page 2
Portfolio Details - Investments
July 31, 2024
Average Purchase Stated YTM Days to Maturity
CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate 365 Maturity Date
U.S.Treasury Coupons
91282CHM6 23130 U.S.TREASURY COUPON 10/20/2023 10,000,000.00 10,039,100.00 9,896,288.48 4.500 5.073 713 07/15/2026
912828X88 23131 U.S.TREASURY COUPON 10/20/2023 15,000,000.00 14,322,150.00 14,001,195.56 2.375 5.014 1,017 05/15/2027
9128284N7 23132 U.S.TREASURY COUPON 10/20/2023 15,000,000.00 14,406,450.00 13,947,368.37 2.875 4.968 1,383 05/15/2028
91282CHM6 23150 U.S.TREASURY COUPON 11/06/2023 10,000,000.00 10,039,100.00 9,975,041.37 4.500 4.635 713 07/15/2026
91282CGE5 23151 U.S.TREASURY COUPON 11/06/2023 10,000,000.00 9,911,700.00 9,881,694.76 3.875 4,738 532 01/15/2026
91282CHBO 23152 U.S.TREASURY COUPON 11/06/2023 10,000,000.00 9,875,800.00 9,827,443.00 3.625 4.659 652 05/15/2026
9128284V9 23203 U.S.TREASURY COUPON 12/21/2023 20,000,000.00 19,176,600.00 19,234,935.99 2.875 3.920 1,475 08/15/2028
91282CHM6 23204 U.S.TREASURY COUPON 12/21/2023 40,000,000.00 40,156,400.00 40,247,305.23 4.500 4.162 713 07/15/2026
91282CHBO 23205 U.S.TREASURY COUPON 12/21/2023 10,000,000.00 9,875,300.00 9,906,963,47 3.625 4.176 652 05/15/2026
91282CGE5 23206 U.S.TREASURY COUPON 12/21/2023 20,000,000.00 19,823,400.00 19,885,648.15 3.875 4.289 532 01/15/2026
91282CEY3 23399 U.S.TREASURY COUPON 05/28/2024 50,000,000.00 49,195,000.00 49,032,309.32 3.000 5.111 348 07/15/2025
9128282RO 23433 U.S.TREASURY COUPON 07/09/2024 15,000,000.00 14,359,843.68 14,234,360.86 2.250 4.383 1,109 08/15/2027
9128282RO 23434 U.S.TREASURY COUPON 07/09/2024 20,000,000.00 19,146,458.24 18,985,270.83 2.250 4.372 1,109 08/15/2027
Subtotal and Average 655,056,543.49 645,000,000.00 628,376,901.92 631,374,183.94 3.756 678
mPower Placer-Long Term
2015NR-A 2015NR-A mPower Placer 06/16/2015 862,741.56 816,275.16 862,741.56 4.000 3.999 4,049 09/02/2035
2015NR-BLT 2015NR-BLT mPower Placer 09/02/2016 1,921,451.10 1,305.601.05 1,921,451.10 4.000 4.000 4,415 09/02/2036
72601FAC2 2018B Public Finance Authority 06/28/2018 480,731.79 481,081.76 484,637.01 5.050 4.894 5,174 10/01/2038
Subtotal and Average 3,268,866.20 3,264,924.45 3,102,957.97 3,268,829.67 4.132 4,431
Federal Agency Coupons
3133EMMQ2 20500 FEDERAL FARM CREDIT BANK 01/29/2021 10,000,000.00 9,775,300.00 9,999,544.94 0.300 0.310 165 01/13/2025
3133EMYE6 20641 FEDERAL FARM CREDIT BANK 05/04/2021 10,000,000.00 9,423,800.00 9,996,483.33 1.000 1.021 641 05/04/2026
3133EM2U5 21068 FEDERAL FARM CREDIT BANK 08/19/2021 10,000,000.00 9,974,700.00 10,000,000.00 0.460 0.460 18 08/19/2024
3133EMZ70 21069 FEDERAL FARM CREDIT BANK 08/19/2021 10,000,000.00 9,746,600.00 9,997,356.12 0.480 0.531 193 02/10/2025
3133EM3E0 21107 FEDERAL FARM CREDIT BANK 09/09/2021 10,000,000,00 9,632,000.00 9,998,905.55 0.610 0.624 295 05/23/2025
3133ERGR6 23409 FEDERAL FARM CREDIT BANK 06/05/2024 20,000,000.00 20,037,000.00 20,000,000.00 5.050 5.056 358 07/25/2025
3133ERGPO 23410 FEDERAL FARM CREDIT BANK 06/05/2024 20,000,000.00 20,035,800.00 20,000,000.00 5.060 5.064 340 07/07/2025
313OAKMAl 20499 FEDERAL HOME LOAN BANK 01/29/2021 10,000,000.00 9,767,400.00 9,999,701.67 0.320 0.326 174 01/22/2025
3130AKWV4 20503 FEDERAL HOME LOAN BANK 02/01/2021 10,000,000.00 9,412,900.00 9,999,401,56 0.500 0.504 546 01/29/2026
3130AKMR4 20508 FEDERAL HOME LOAN BANK 02/03/2021 10,000,000.00 9,777,500.00 9,999,308.02 0.330 0.345 167 01/15/2025
3130AKMR4 20509 FEDERAL HOME LOAN BANK 02/03/2021 10,000,000.00 9,777,500.00 9,999,308.02 0.330 0.345 167 01/15/2025
3130ALTH7 20579 FEDERAL HOME LOAN BANK 03/30/2021 10,000,000.00 9,921,100.00 10,000,000.00 0.510 0.510 60 09/30/2024
3130ALCV4 20609 FEDERAL HOME LOAN BANK 04/14/2021 10,000,000.00 9,437,200.00 9,973,651.60 0.750 0.923 572 02/24/2026
3130AMF23 20679 FEDERAL HOME LOAN BANK 05/26/2021 10,000,000.00 9,927,100.00 9,999,954,17 0.500 0.503 56 09/26/2024
Portfolio PLCR
Data Updated: FUNDSNAP:08/09/2024 11:35 AC
Run Date:08/09/2024-11:35 PM(PRF_PM2)7.3.11
Investment Holdings Schedules - Page 8 of 30 Page 71 of 231
General Fund
Portfolio Management Page 3
Portfolio Details - Investments
July 31, 2024
Average Purchase Stated YTM Days to Maturity
CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate 365 Maturity Date
Federal Agency Coupons
3130AMHQ8 20689 FEDERAL HOME LOAN BANK 06/01/2021 10,000,000.00 9,755,600.00 10,000,000.00 0.625 0.625 210 02/27/2025
3130AMHH8 20690 FEDERAL HOME LOAN BANK 06/01/2021 10,000,000.00 10,000,000.00 10,000,000.00 0.410 0.410 0 08/01/2024
3130AMXJ6 20722 FEDERAL HOME LOAN BANK 06/30/2021 10,000,000.00 9,921,100.00 10,000,000.00 0.500 0.542 60 09/30/2024
3130AMZQ8 21004 FEDERAL HOME LOAN BANK 07/02/2021 10,000,000.00 9,961,800.00 9,999,910.81 0.510 0.521 29 08/30/2024
3130ANJD3 21083 FEDERAL HOME LOAN BANK 08/26/2021 5,000,000.00 4,720,000.00 5,000,000.00 0.900 0.780 755 08/26/2026
3130ANRXO 21084 FEDERAL HOME LOAN BANK 08/26/2021 5,000,000.00 4,690,500.00 5,000,000.00 1.250 1.000 755 08/26/2026
3130ANVS6 21092 FEDERAL HOME LOAN BANK 08/30/2021 10,000,000.00 9,344,700.00 10,000,000.00 1.000 1.001 755 08/26/2026
3130ANW22 21093 FEDERAL HOME LOAN BANK 08/30/2021 5,000,000.00 4,725,550.00 5,000,000.00 0.850 0.850 573 02/25/2026
3130AP3J2 21130 FEDERAL HOME LOAN BANK 09/30/2021 10,000,000.00 9,783,300.00 9,997,538.75 0.550 0.600 182 01/30/2025
3130APMK8 21202 FEDERAL HOME LOAN BANK 11/16/2021 5,000,000.00 4,971,600.00 4,999,558.82 0.750 0.822 46 09/16/2024
3130APUS2 21207 FEDERAL HOME LOAN BANK 11/22/2021 5,000,000.00 4,804,950.00 4,996,492.20 1.000 1.146 383 08/19/2025
3130APUN3 21215 FEDERAL HOME LOAN BANK 11/30/2021 4,000,000.00 3,756,760.00 4,000,000.00 1.250 1.250 757 08/28/2026
313OAQB85 21238 FEDERAL HOME LOAN BANK 12/10/2021 10,000,000.00 9,687,100.00 10,000,000.00 1.200 1.200 313 06/10/2025
3130AQCK7 21253 FEDERAL HOME LOAN BANK 12/16/2021 10,000,000.00 9,871,000.00 10,000,000.00 2.500 1.317 168 01/16/2025
3130AQCT8 21256 FEDERAL HOME LOAN BANK 12/17/2021 5,000,000.00 4,714,200.00 5,000,000.00 1.330 1.468 715 07/17/2026
3130AQCN1 21257 FEDERAL HOME LOAN BANK 12/17/2021 10,000,000.00 9,855,400.00 10,000,000.00 1.750 1.254 169 01/17/2025
313OAQCJO 21258 FEDERAL HOME LOAN BANK 12/17/2021 10,000,000,00 9,799,100.00 10,000,000.00 2.000 1.541 320 06/17/2025
3130AQCL5 21259 FEDERAL HOME LOAN BANK 12/17/2021 15,000,000.00 14,805,300.00 15,000,000.00 2.500 1.300 169 01/17/2025
3130AQEN9 21283 FEDERAL HOME LOAN BANK 12/30/2021 10,000,000.00 9,804,900.00 10,000,000.00 1.000 1.000 182 01/30/2025
3130AQGT4 21311 FEDERAL HOME LOAN BANK 01/21/2022 5,000,000.00 4,907,850.00 4,995,161.16 1.100 1.320 165 01/13/2025
3130AQFG3 21312 FEDERAL HOME LOAN BANK 01/21/2022 5,000,000.00 4,902,550.00 4,996,064.81 1.125 1.295 173 01/21/2025
3130AQNB5 21318 FEDERAL HOME LOAN BANK 01/27/2022 5,000,000.00 4,916,000.00 4,999,388.89 1.750 1.442 179 01/27/2025
3130ATND5 22217 FEDERAL HOME LOAN BANK 11/15/2022 5,000,000.00 4,993,450.00 4,999,250.96 4.375 4.510 43 09/13/2024
3130ASZH5 22218 FEDERAL HOME LOAN BANK 11/15/2022 5,000,000.00 4,994,950.00 4,997,934.06 4.000 4.585 27 08/28/2024
3130AVQ47 22460 FEDERAL HOME LOAN BANK 04/17/2023 25,000,000.00 24,986,000.00 25,000,000.00 4.400 4.404 21 08/22/2024
3130AVQ62 22461 FEDERAL HOME LOAN BANK 04/17/2023 25,000,000.00 24,992,000.00 25,000,000.00 4.420 4.424 12 08/13/2024
3130AVQ54 22462 FEDERAL HOME LOAN BANK 04/17/2023 25,000,000.00 24,996,750.00 25,000,000.00 4.440 4.445 5 08/06/2024
3130AVWF5 22491 FEDERAL HOME LOAN BANK 05/03/2023 10,000,000.00 9,866,400.00 10,000,000.00 3.660 3.661 700 07/02/2026
3130AVWE8 22492 FEDERAL HOME LOAN BANK 05/03/2023 10,000,000.00 9,916,700.00 10,000,000.00 4.000 3.961 335 07/02/2025
3130AVWA6 22493 FEDERAL HOME LOAN BANK 05/03/2023 20,000,000,00 19,764,000.00 20,000,000.00 3.725 3.726 1,065 07/02/2027
3130AVWC2 22494 FEDERAL HOME LOAN BANK 05/03/2023 10,000,000.00 9,847,100.00 10,000,000.00 3.615 3.616 1,250 01/03/2028
3130AW2U3 22511 FEDERAL HOME LOAN BANK 05/16/2023 10,000,000.00 9,875,800.00 10,000,000.00 3.620 3.621 929 02/16/2027
3130AW2V1 22512 FEDERAL HOME LOAN BANK 05/16/2023 10,000,000.00 9,878,000.00 10,000,000.00 3.625 3.626 921 02/08/2027
3130AW2W9 22513 FEDERAL HOME LOAN BANK 05/16/2023 10,000,000.00 9,881,200.00 10,000,000.00 3.635 3.636 914 02/01/2027
3130AW7130 22527 FEDERAL HOME LOAN BANK 05/23/2023 10,000,000.00 9,916,700.00 10,000,000.00 3.925 3.926 776 09/16/2026
3130AW7C8 22528 FEDERAL HOME LOAN BANK 05/23/2023 10,000,000.00 9,914,900.00 10,000,000.00 3.920 3.921 783 09/23/2026
Portfolio PLCR
Data Updated: FUNDSNAP: 08/09/2024 11:35 AC
Run Date:08/09/2024-11:35
PM(PRF_PM2)7.3.11
Investment Holdings Schedules - Page 9 of 30 Page 72 of 231
General Fund
Portfolio Management Page 4
Portfolio Details - Investments
July 31, 2024
Average Purchase Stated YTM Days to Maturity
CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate 365 Maturity Date
Federal Agency Coupons
3130AW7A2 22529 FEDERAL HOME LOAN BANK 05/23/2023 10,000,000.00 9,920,200.00 10,000,000.00 3.930 3.932 764 09/04/2026
3130AW6Z8 22530 FEDERAL HOME LOAN BANK 05/23/2023 10,000,000.00 9,920,600.00 10,000,000.00 3.930 3.931 770 09/10/2026
3130AW6X31 22531 FEDERAL HOME LOAN BANK 05/23/2023 10,000,000.00 9,951,600.00 10,000,000.00 4.180 4.182 403 09/08/2025
3130AW6Y1 22532 FEDERAL HOME LOAN BANK 05/23/2023 10,000,000.00 9,951,800.00 10,000,000.00 4.180 4.182 397 09/02/2025
3130AWFA3 22559 FEDERAL HOME LOAN BANK 06/12/2023 10,000,000.00 9,977,400.00 10,000,000.00 4.060 4.061 1,133 09/08/2027
3130AWF96 22560 FEDERAL HOME LOAN BANK 06/12/2023 10,000,000.00 9,997,500.00 10,000,000.00 4.020 4.021 1,285 02/07/2028
3130AWFB1 22565 FEDERAL HOME LOAN BANK 06/13/2023 10,000,000.00 9,980,300.00 10,000,000.00 4.070 4.071 1,126 09/01/2027
3130AWFC9 22566 FEDERAL HOME LOAN BANK 06/13/2023 10,000,000.00 9,998,900.00 10,000,000.00 4.025 4.026 1,292 02/14/2028
3130AWLA6 22600 FEDERAL HOME LOAN BANK 07/06/2023 15,000,000.00 14,989,950.00 15,000,000.00 4.905 4.907 368 08/04/2025
3130AWLB4 22601 FEDERAL HOME LOAN BANK 07/06/2023 10,000,000.00 9,992,100.00 10,000,000.00 4.895 4.897 375 08/11/2025
3130AWL57 22602 FEDERAL HOME LOAN BANK 07/06/2023 20,000,000.00 20,152,000.00 20,000,000.00 4.460 4.461 925 02/12/2027
3130AWL73 22603 FEDERAL HOME LOAN BANK 07/06/2023 10,000,000.00 10,074,400.00 10,000,000.00 4.450 4.451 938 02/25/2027
3130AWL81 22604 FEDERAL HOME LOAN BANK 07/06/2023 10,000,000.00 10,080,400.00 10,000,000.00 4.275 4.276 1,285 02/07/2028
3130AWL65 22605 FEDERAL HOME LOAN BANK 07/06/2023 20,000,000.00 20,148,400.00 20,000,000.00 4.450 4.451 935 02/22/2027
3130AWL99 22606 FEDERAL HOME LOAN BANK 07/06/2023 20,000,000.00 20,158,200.00 20,000,000.00 4.270 4.271 1,300 02/22/2028
3130AWMN7 23031 FEDERAL HOME LOAN BANK 08/16/2023 20,000,000.00 20,222,000.00 19,962,132.35 4.375 4.430 1,408 06/09/2028
3130AWWZ9 23032 FEDERAL HOME LOAN BANK 08/16/2023 10,000,000.00 10,090,700.00 10,000,000.00 4.500 4.502 1,048 06/15/2027
3130AWX21 23033 FEDERAL HOME LOAN BANK 08/16/2023 10,000,000.00 10,096,000.00 10,000,000.00 4.480 4.480 1,104 08/10/2027
3130AWX62 23034 FEDERAL HOME LOAN BANK 08/16/2023 10,000,000.00 10,092,800.00 10,000,000.00 4.470 4.470 1,099 08/05/2027
3130AWX54 23035 FEDERAL HOME LOAN BANK 08/16/2023 10,000,000.00 10,088,800.00 10,000,000.00 4.495 4.497 1,043 06/10/2027
3130AYBH8 23209 FEDERAL HOME LOAN BANK 12/22/2023 20,000,000.00 19,913,600.00 20,000,000.00 4.460 6.378 343 07/10/2025
3130AYBK1 23210 FEDERAL HOME LOAN BANK 12/22/2023 15,000,000.00 14,907,000.00 15,000,000.00 3.855 3.855 1,439 07/10/2028
3130AYBJ4 23211 FEDERAL HOME LOAN BANK 12/22/2023 15,000,000.00 14,969,700.00 15,000,000.00 4.000 4.001 893 01/11/2027
3130AYGV2 23232 FEDERAL HOME LOAN BANK 01/11/2024 10,000,000.00 9,979,300.00 10,000,000.00 4.193 4.194 734 08/05/2026
3130AYGR1 23233 FEDERAL HOME LOAN BANK 01/11/2024 15,000,000.00 14,964,900.00 15,000,000.00 4.180 4.181 741 08/12/2026
3130AYGU4 23234 FEDERAL HOME LOAN BANK 01/11/2024 20,000,000.00 20,009,400.00 20,000,000.00 4.110 4.110 887 01/05/2027
3130AYGWO 23235 FEDERAL HOME LOAN BANK 01/11/2024 20,000,000.00 19,974,800.00 20,000,000.00 3.985 3.985 1,621 01/08/2029
3130AYGT7 23236 FEDERAL HOME LOAN BANK 01/11/2024 20,000,000.00 19,995,800.00 20,000,000,00 4.020 4.020 1,258 01/11/2028
3130AYGP5 23237 FEDERAL HOME LOAN BANK 01/11/2024 20,000,000.00 19,939,800.00 20,000,000.00 4.050 4.050 1,070 07/07/2027
3130AYGQ3 23238 FEDERAL HOME LOAN BANK 01/11/2024 20,000,000.00 19,966,000.00 20,000,000.00 3.980 3.980 1,434 07/05/2028
3130AYQF6 23260 FEDERAL HOME LOAN BANK 01/29/2024 30,000,000.00 29,917,800.00 30,000,000.00 4.060 4.061 1,075 07/12/2027
3130AYQE9 23261 FEDERAL HOME LOAN BANK 01/29/2024 15,000,000.00 14,963,400.00 15,000,000.00 4.070 4.071 1,034 06/01/2027
3130AYQB5 23262 FEDERAL HOME LOAN BANK 01/29/2024 20,000,000.00 20,052,400.00 20,000,000.00 4.040 4.040 1,639 01/26/2029
3130AYQ90 23263 FEDERAL HOME LOAN BANK 01/29/2024 20,000,000.00 20,027,600.00 20,000,000.00 4.057 4.058 1,432 07/03/2028
3130AYQA7 23264 FEDERAL HOME LOAN BANK 01/29/2024 20,000,000.00 20,004,800.00 20,000,000.00 4.062 4.063 1,400 06/01/2028
3130AYQD1 23265 FEDERAL HOME LOAN BANK 01/29/2024 20,000,000.00 19,954,600.00 20,000,000.00 4.060 4.061 1,138 09/13/2027
Portfolio PLCR
Data Updated: FUNDSNAP:08/09/2024 11:35 AC
Run Date:08/09/2024-11:35 PM(PRF_PM2)7.3.11
Investment Holdings Schedules - Page 10 of 30 Page 73 of 231
General Fund
Portfolio Management Page 5
Portfolio Details - Investments
July 31, 2024
Average Purchase Stated YTM Days to Maturity
CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate 365 Maturity Date
Federal Agency Coupons
3130AYQC3 23266 FEDERAL HOME LOAN BANK 01/29/2024 15,000,000.00 14,963,100.00 15,000,000.00 4.070 4.071 1,054 06/21/2027
3130BOY86 23364 FEDERAL HOME LOAN BANK 04/17/2024 25,000,000.00 25,050,000.00 25,000,000.00 5.160 5.163 277 05/05/2025
3130BOY94 23365 FEDERAL HOME LOAN BANK 04/17/2024 25,000,000.00 25,044,500.00 25,000,000.00 5.150 5.154 284 05/12/2025
3130BOYB9 23366 FEDERAL HOME LOAN BANK 04/17/2024 25,000,000.00 25,027,000.00 25,000,000.00 5.120 5.127 343 07/10/2025
3130BOYC7 23367 FEDERAL HOME LOAN BANK 04/17/2024 25,000,000.00 25,024,250.00 25,000,000.00 5.110 5.117 354 07/21/2025
3130BOYA1 23368 FEDERAL HOME LOAN BANK 04/17/2024 25,000,000.00 25,043,000.00 25,000,000.00 5.130 5.135 295 05/23/2025
3130B1NB9 23408 FEDERAL HOME LOAN BANK 06/05/2024 20,000,000.00 20,006,000.00 20,000,000.00 5.040 5.040 351 07/18/2025
313081NC7 23411 FEDERAL HOME LOAN BANK 06/05/2024 15,000,000.00 15,113,400.00 15,000,000.00 4.710 4.713 722 07/24/2026
313OBlXB8 23436 FEDERAL HOME LOAN BANK 07/10/2024 10,000,000.00 10,084,900.00 10,000,000.00 4.300 4.301 1,414 06/15/2028
3137EAEX3 20417 FED HOME LOAN MORT CORP 12/15/2020 10,000,000.00 9,526,700.00 9,994,915.95 0.375 0.419 418 09/23/2025
3134GXHY3 21206 FED HOME LOAN MORT CORP 11/22/2021 5,000,000.00 4,670,550.00 4,959,559.18 0.750 1.190 691 06/23/2026
3135GO5X7 20421 FEDERAL NATIONAL MORT.ASSOC. 12/15/2020 10,000,000.00 9,554,700.00 9,995,228A0 0.375 0.420 389 08/25/2025
Subtotal and Average 1,340,625,544.37 1,274,000,000.00 1,264,702,160.00 1,273,856,751.32 3.494 677
Collateralized Inactive Bank Deposi
SYS19055 19055 Five Star Bank-PIMMA 20,000,000.00 20,000,000.00 20,000,000.00 4.500 4.500 1
Subtotal and Average 20,000,000.00 20,000,000.00 20,000,000.00 20,000,000.00 4.500 1
Negotiable Certificates of Deposit
85325VKK5 23229 Standard Chartered Bank NY 01/10/2024 20,000,000.00 19,977.400.00 20,000,000.00 5.220 5.293 159 01/07/2025
85325VLP3 23354 Standard Chartered Bank NY 04/10/2024 25,000,000.00 25,008,250.00 25,000,000.00 5.420 5.495 197 02/14/2025
85325VLQ1 23355 Standard Chartered Bank NY 04/10/2024 25,000,000.00 25,009,250.00 25,000,000.00 5.420 5.495 203 02/20/2025
Subtotal and Average 70,000,000.00 70,000,000.00 69,994,900.00 70,000,000.00 5.437 188
Collateralized CDs
SYS22579 22579 Five Star Bank-CD 06/20/2023 10,000,000.00 10,000,000.00 10,000,000.00 4.900 4.968 155 01/03/2025
SYS22580 22580 Five Star Bank-CD 06/20/2023 10,000,000.00 10,000,000.00 10,000,000.00 4.900 4.968 190 02/07/2025
SYS23373 23373 River City Bank 04/19/2024 3,000,000.00 3,000,000.00 3,000,000.00 5.160 5.160 261 04/19/2025
Subtotal and Average 23,000,000.00 23,000,000.00 23,000,000.00 23,000,000.00 4.993 184
Commercial Paper Disc.-Amortizing
22533TH17 24017 Credit Agricole CIB 07/31/2024 80,000,000.00 79,988,311.11 80,000,000.00 5.260 5.334 0 08/01/2024
Subtotal and Average 49,836,871.51 80,000,000.00 79,988,311.11 80,000,000.00 5.334 0
Portfolio PLCR
Data Updated: FUNDSNAP:08/09/2024 11:35 AC
Run Date:08/09/2024-11,35 PM(PRF_PM2)7.3.11
Investment Holdings Schedules - Page 11 of 30 Page 74 of 231
General Fund
Portfolio Management Page 6
Portfolio Details - Investments
July 31, 2024
Average Purchase Stated YTM Days to Maturity
CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate 365 Maturity Date
Federal Agency Disc.-Amortizing
Subtotal and Average 128,377,547.27
Local Agency Bond
SYS16098 16098 Ackerman School District 04/03/2017 4,978,023.88 4,939,857.37 4,978,023.88 2.800 2.800 4,628 04/03/2037
SYS17042 17042 Mid Placer Public School Trans 12/21/2017 148,776.86 149,410.20 148,776.86 2.850 2.850 1,237 12/21/2027
SYS18093 18093 Mid Placer Public School Trans 01/16/2019 474,411.43 482,971.24 474,411.43 3.000 3.000 1,629 01/16/2029
16115 16115 Newcastle Elementary SD 06/30/2017 2,505,244.24 2,263,608.42 2,505,244.24 2.800 2.800 8,368 06/30/2047
SYS19127 19127 Placer Hills Fire Protection 10/21/2019 51,563.20 51,777.39 51,563.20 3.000 3.000 81 10/21/2024
SYS23342 23342 Placer Hills Fire Protection 04/03/2024 735,000.00 735,000.00 735,000.00 4.170 4.170 1,706 04/03/2029
SYS23287 23287 Placer CEO Fire 02/01/2024 922,863.29 922,863.29 922,863.29 4.000 4.000 1,645 02/01/2029
Subtotal and Average 9,839,541.61 9,815,882.90 9,545,487.91 9,815,882.90 3.027 4,863
mPower Placer
2016NR-A 2016NR-A mPower Placer 08/04/2016 3,077,068.47 2,669,830.77 3,077,068.47 3.000 3.042 4,780 09/02/2037
2017 NR 2017 NR mPower Placer 07/06/2017 20,461.32 17,579.24 20,461.32 3.000 3.042 5,145 09/02/2038
2017 R 2017 R mPower Placer 07/06/2017 23,514.16 20,202.10 23,514.16 3.000 3.042 5,145 09/02/2038
2018 NR 2018 NR mPower Placer 07/26/2018 40,832.91 33,561.55 40,832.91 4.500 4.563 5,510 09/02/2039
2018 R 2018 R mPower Placer 07/12/2018 101,419.95 98,163.36 101,419.95 4.500 4.563 5,510 09/02/2039
2018 S-NR 18003 Pioneer Community Energy 08/09/2018 276,035.23 267,899.64 276,035.23 4.500 4.563 5,510 09/02/2039
2017 S NR 2017 S-NR Pioneer Community Energy 09/28/2017 117,125.77 97,270.73 117,125.77 3.000 3.042 5,145 09/02/2038
2017 S-R 2017 S-R Pioneer Community Energy 07/06/2017 1,272,463.17 1,099,058.25 1,272,463.17 3.000 3.042 5,145 09/02/2038
2018 S-R 2018 S-R Pioneer Community Energy 07/12/2018 923,838.51 892,034.45 923,838.51 4.500 4.563 5,510 09/02/2039
2019-20 NR 2019-20 NR Pioneer Community Energy 07/18/2019 -0.01 -0.01 -0.01 4.500 4.563 5,876 09/02/2040
2019-20 R-1 2019-20 R-1 Pioneer Community Energy 07/11/2019 742,902.21 713,038.28 742,902.21 4.500 4.563 5,876 09/02/2040
2020-21 NR 2020-21 NR Pioneer Community Energy 10/01/2020 0.00 0.00 0.00 4.500 4.563 0 09/02/2041
2020-21 R1 2020-21 R1 Pioneer Community Energy 07/23/2020 717,521.68 687,213.56 717,521.68 4.500 4.563 6,241 09/02/2041
2021-22 R1 2021-22 R1 Pioneer Community Energy 08/26/2021 800,222.86 769,676.75 800,222.86 4.500 4.563 6,606 09/02/2042
2016S R-1 2016S R-1 Sierra Valley Energy Authority 01/26/2017 53,414.29 46,965.69 53,414.29 3.000 3.042 4,780 09/02/2037
Subtotal and Average 8,166,820.52 8,166,820.52 7,412,494.36 8,166,820.52 3.713 5,371
mPower-Folsom
2016-IA3#2 2016-IA3#2 mPower Folsom 07/14/2016 79,750.64 75,068.32 79,750.64 2.750 2.788 4,780 09/02/2037
2017-IA3#3 2017-IA3#3 mPower Folsom 07/27/2017 28,832.54 26,193.84 28,832.54 2.000 2.028 5,145 09/02/2038
MFIA-2 NR IA2-NR mPower Folsom 08/06/2015 0.00 0.00 0.00 3.500 3.549 0 09/02/2036
MFIA-3 MFIA-3 mPower Folsom 09/01/2015 193,569.54 184,237.17 193,569.54 3.500 3.549 4,415 09/02/2036
MF R-1 MFR-1 mPower Folsom 09/01/2015 127,072.75 122,936.66 127,072.75 3.500 3.549 4,415 09/02/2036
Portfolio PLCR
Data Updated: FUNDSNAP:08/09/2024 11:35 AC
Run Date:08/09/2024-11:35
PM(PRF_PM2)7.3.11
Investment Holdings Schedules - Page 12 of 30 Page 75 of 231
General Fund
Portfolio Management Page 7
Portfolio Details - Investments
July 31, 2024
Average Purchase Stated YTM Days to
CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate 365 Maturity
Subtotal and Average 429,225.47 429,225.47 408,435.99 429,225.47 3.305 4,532
Total and Average 2,444,541,996.38 2,258,676,853.34 2,231,531,649.26 2,244,911,693.82 3.814 631
Portfolio PLCR
Data Updated: FUNDSNAP:08/09/2024 11:35 AC
Run Date:08/09/2024-11:35 PM(PRF_PM2)7.3.11
Investment Holdings Schedules - Page 13 of 30 Page 76 of 231
General Fund
Portfolio Management Page 8
Portfolio Details - Cash
July 31, 2024
Average Purchase Stated YTM Days to
CUSIP Investment# Issuer Balance Date Par Value Market Value Book Value Rate 365 Maturity
Cash at Bank
SYS00000 00000 PLACER COUNTY CASH 16,524,519.20 16,524,519.20 16,524,519.20 0.000 1
Undeposited Receipts
SYSOOOOOVAULT OOOOOVAULT PLACER COUNTY CASH 944,618.70 944,618.70 944,618.70 0.000 1
Average Balance 0.00 1
Total Cash and Investments 2,444,541,996.38 2,276,145,991.24 2,249,000,787.16 2,262,380,831.72 3.814 631
Portfolio PLCR
Data Updated: FUNDSNAP:08/09/2024 11:35 AC
Run Date:08/09/2024-1 1:35 PM(PRF_PM2)7.3.11
Investment Holdings Schedules - Page 14 of 30 Page 77 of 231
General Fund Placer County
Purchases Report
Sorted by Fund - Fund
July 1, 2024 - July 31, 2024
Sec. Original Purchase Principal Accrued Rate at Maturity Ending
CUSIP Investment# Fund Type Issuer Par Value Date Payment Purchase at Purchase Purchas Date YTM Book Value
General Fund
313384YW3 23428 1010 AFD FHLBDN 125,000,000.00 07/01/2024 07/02-At Maturity 124,981,631.95 5.290 07/02/2024 5.364 0.00
313384YX1 23429 1010 AFD FHLBDN 135,000,000.00 07/02/2024 07/03-At Maturity 134,980,162.50 5.290 07/03/2024 5.364 0.00
313384YZ6 23430 1010 AFD FHLBDN 130,000,000.00 07/03/2024 07/05-At Maturity 129,961,938.89 5.270 07/05/2024 5.345 0.00
313384ZC6 23431 1010 AFD FHLBDN 155,000,000.00 07/05/2024 07/08-At Maturity 154,931,800.00 5.280 07/08/2024 5.356 0.00
313384ZD4 23432 1010 AFD FHLBDN 175,000,000.00 07/08/2024 07/09-At Maturity 174,974,333.34 5.280 07/09/2024 5.354 0.00
313384ZE2 23435 1010 AFD FHLBDN 145,000,000.00 07/09/2024 07/10-At Maturity 144,978,733.34 5.280 07/10/2024 5.354 0.00
9128282RO 23433 1010 TRC UST 15,000,000.00 07/09/2024 08/15-02115 14,031,250.00 134,443.68 2.250 08/15/2027 4.383 14,234,360.86
9128282RO 23434 1010 TRC UST 20,000,000.00 07/09/2024 08/15-02/15 18,781,250.00 179,258.24 2.250 08/15/2027 4.372 18,985,270.83
22533TGB6 23437 1010 ACP CACPNY 130,000,000.00 07/10/2024 07/11 -At Maturity 129,980,969.45 5.270 07/11/2024 5.271 0.00
3130131XB8 23436 1010 FAC FHLB 10,000,000.00 07/10/2024 12/15-06/15 10,000,000.00 4.300 06/15/2028 4.301 10,000,000.00
22533TGC4 24001 1010 ACP CACPNY 125,000,000.00 07/11/2024 07/12-At Maturity 124,981,736.10 5.260 07/12/2024 5.261 0.00
22533TGF7 24002 1010 ACP CACPNY 130,000,000.00 07/12/2024 07/15-At Maturity 129,943,016.66 5.260 07/15/2024 5.262 0.00
22533TGG5 24003 1010 ACP CACPNY 210,000,000.00 07/15/2024 07/16-At Maturity 209,969,316.65 5260 07/16/2024 5.261 0.00
22533TGH3 24004 1010 ACP CACPNY 210,000,000.00 07/16/2024 07/17-At Maturity 209,969,316.65 5.260 07/17/2024 5.261 0.00
22533TGJ9 24005 1010 ACP CACPNY 205,000,000.00 07/17/2024 07/18-At Maturity 204,970,047.20 5.260 07/18/2024 5.261 0.00
22533TGK6 24006 1010 ACP CACPNY 195,000,000.00 07/18/2024 07/19-At Maturity 194,971,508.32 5.260 07/19/2024 5.261 0.00
313384ZS1 24007 1010 AFD FHLBDN 240,000,000.00 07/19/2024 07/22-At Maturity 239,894,400.00 5.280 07/22/2024 5.356 0.00
313384ZT9 24008 1010 AFD FHLBDN 225,000,000.00 07/22/2024 07/23-At Maturity 224,967,062.52 5.270 07/23/2024 5.344 0.00
313384ZU6 24009 laic AFD FHLBDN 225,000,000.00 07/23/2024 07/24-At Maturity 224,967,000.01 5.280 07/24/2024 5.354 0.00
313384ZV4 24010 1010 AFD FHLBDN 220,000,000.00 07/24/2024 07/25-At Maturity 219,967,733.35 5.280 07/25/2024 5.354 0.00
313384ZW2 24011 1010 AFD FHLBDN 220,000,000.00 07/25/2024 07/26-At Maturity 219,967,794.46 5.270 07/26/2024 5.344 0.00
313384ZZ5 24012 1010 AFD FHLBDN 170,000,000.00 07/26/2024 07/29-At Maturity 169,925,341.68 5.270 07/29/2024 5.346 0.00
313384ZZ5 24013 laic AFD FHLBDN 65,000,000.00 07/26/2024 07/29-At Maturity 64,971,454.17 5.270 07/29/2024 5.346 0.00
313384A25 24014 1010 AFD FHLBDN 185,000,000.00 07/29/2024 07/30-At Maturity 184,972,918.07 5.270 07/30/2024 5.344 0.00
313384A25 24015 1010 AFD FHLBDN 65,000,000.00 07/29/2024 07/30-At Maturity 64,990,484.73 5.270 07/30/2024 5.344 0.00
313384A33 24016 1010 AFD FHLBDN 110,000,000.00 07/30/2024 07/31-At Maturity 109,983,897.23 5.270 07/31/2024 5.344 0.00
22533TH17 24017 1010 ACP CACPNY 80,000,000.00 07/31/2024 08/01-At Maturity 79,988,311.11 5.260 08/01/2024 5.261 80,000,000.00
Subtotal 3,920,000,000.00 3,917,053,408.38 313,701.92 123,219,631.69
Total Purchases 3,920,000,000.00 3,917,053,408.38 313,701.92 123,219,631.69
Portfolio PLCR
Data Updated: FUNDSNAP:08/09/2024 11:38 AC
Run Date:08/09/2024-11:38 PU(PRF_PU)7.3.11
Report Ver.7.3.11
Investment Holdings Schedules - Page 15 of 30 Page 78 of 231
Placer County
PLACER COUNTY 2024/25
Summary by Issuer
July 31, 2024
Number of Par %of Average Average Days
Issuer Investments Value Remaining Cost Portfolio YTM 365 to Maturity
Ackerman School District 1 4,978,023.88 4,978,023.88 0.22 2.800 4,628
Credit Agricole CIB 1 80,000,000.00 79,988,311.11 3.55 5.334 0
California Asset Mgm't Frog 1 60,000,000.00 60,000,000.00 2.66 5.000 1
CalTRUST 1 65,000,000.00 65,000,000.00 2.88 5.420 1
FEDERAL FARM CREDIT BANK 7 90,000,000.00 89,963,500.00 3.99 2.576 301
FEDERAL HOME LOAN BANK 88 1,159,000,000.00 1,158,689,115.00 51.35 3.628 711
FED HOME LOAN MORT CORP 2 15,000,000.00 14,880,900.00 0.66 0.675 509
FEDERAL NATIONAL MORT.ASSOC. 1 10,000,000.00 9,979,000.00 0.44 0.420 389
Five Star Bank-PIMMA 1 20,000,000.00 20,000,000.00 0.89 4.500 1
Five Star Bank-CD 2 20,000,000.00 20,000,000.00 0.89 4.968 173
Mid Placer Public School Trans 2 623,188.29 623,188.29 0.03 2.964 1,535
mPower Folsom 5 429,225.47 429,225.47 0.02 3.305 4,532
mPower Placer 7 6,047,489.47 6,047,489.47 0.27 3.519 4,580
Newcastle Elementary SD 1 2,505,244.24 2,505,244.24 0.11 2.800 8,368
Placer Hills Fire Protection 2 786,563.20 786,563.20 0.03 4.093 1,599
Public Finance Authority 1 480,731.79 490,346.43 0.02 4.894 5,174
Pioneer Community Energy 9 4,850,109.42 4,850,109.42 0.21 4.127 5,750
PLACER COUNTY CASH 2 17,469,137.90 17,469,137.90 0.77 0.000 1
Placer CEO Fire 1 922,863.29 922,863.29 0.04 4.000 1,645
River City Bank 1 3,000,000.00 3,000,000.00 0.13 5.160 261
Standard Chartered Bank NY 3 70,000,000.00 70,000,000.00 3.10 5.437 188
Sierra Valley Energy Authority 1 53,414.29 53,414.29 0.00 3.042 4,780
U.S.TREASURY COUPON 44 645,000,000.00 625,631,044.83 27.73 3.756 678
Portfolio PLCR
AC
Run Date:08/09/2024-14:09
SI(PRF_SI)7.3.11
Report Ver.7.3.11
Investment Holdings Schedules - Page 16 of 30 Page 79 of 231
PLACER COUNTY 2024125
Summary by Issuer
Page 2
July 31,2024
Number of Par %of Average Average Days
Issuer Investments Value Remaining Cost Portfolio YTM 365 to Maturity
Total and Average 184 2,276,145,991.24 2,256,287,476.82 100.00 3.784 626
Portfolio PLCR
AC
Run Date:08/09/2024-14:09 SI(PRF_SI)7.3.11
Report Ver.7.3.11
Investment Holdings Schedules - Page 17 of 30 Page 80 of 231
Utah Public Treasurers' Investment Fund
Portfolio Statistics
as of June 30, 2024
Portfolio Summary
Weighted Average Maturity (WAM) 82.96
Percentage of Portfolio Maturing/Repricing with 30 days 46.84%
Percentage of Portfolio Maturing/Repricing with 90 days 73.56%
360 Day Interest Rate 5.36%
365 Day Interest Rate 5.44%
Top Ten Holdings
FHLB 43.49%
U.S. Treasury Bills 23.84%
FFCB 19.27%
Cisco 1.83%
Royal Bank of Canada 1.57%
Goldman Sachs 0.85%
Toronto Dominion 0.76%
Walmart 0.68%
Pfizer 0.60%
Citigroup 0.54%
Top Ten as a Percentage of Total Portfolio 93.43%
Key Rate History 6/30/2024 3/31/2024 6/30/2023
Fed Funds Target 5.25-5.50% 5.25-5.50% 5.00-5.25%
Secured Overnight Financing Rate (SOFR) 5.33% 5.34% 5.09%
30 Day CP 5.32% 5.35% 5.10%
3 Month Treasury Bill 5.36% 5.37% 5.32%
1 Year Treasury Bill 5.09% 5.03% 5.40%
2 Year Treasury Note 4.71% 4.59% 4.87%
Portfolio Composition
Corporates
7.30%
Money Market
0.77%
/ U.S.Treasury Bills
Agencies J 23.84%
62.76%
Commercial Paper
5.33%
Investment Holdings Schedules - Page 18 of 30 Page 81 of 231
Utah Public Treasurers' Investment Fund
Investment Holdings by Security Type
As of June 30, 2024
Issuer Name Maturity Date Par Amount
Money Market Funds:
DREYFUS GOV'T CASH MANAGEMENT 7/1/2024 $ 84,286,793
MORGAN STANLEY GOV'T 7/1/2024 168,000,000
Total Money Market Funds $ 252,286,793
U.S. Treasury Bills:
U.S. TREASURY BILL 8/8/2024 $ 700,000,000
U.S. TREASURY BILL 8/13/2024 200,000,000
U.S. TREASURY BILL 8/15/2024 250,000,000
U.S. TREASURY BILL 8/20/2024 600,000,000
U.S. TREASURY BILL 8/22/2024 250,000,000
U.S. TREASURY BILL 8/27/2024 250,000,000
U.S. TREASURY BILL 9/3/2024 950,000,000
U.S. TREASURY BILL 9/5/2024 400,000,000
U.S. TREASURY BILL 9/12/2024 500,000,000
U.S. TREASURY BILL 9/17/2024 1,450,000,000
U.S. TREASURY BILL 10/8/2024 500,000,000
U.S. TREASURY BILL 10/15/2024 1,000,000,000
U.S. TREASURY BILL 10/22/2024 300,000,000
U.S. TREASURY BILL 12/19/2024 250,000,000
U.S. TREASURY BILL 12/26/2024 200,000,000
Total U.S. Treasury Bills $ 7,800,000,000
Agency Discount:
FHLB DISC 7/1/2024 $ 600,000,000
FHLB DISC 7/2/2024 450,000,000
FHLB DISC 7/29/2024 150,000,000
FHLB DISC 7/31/2024 223,935,000
FHLB DISC 8/2/2024 100,000,000
FHLB DISC 9/16/2024 250,000,000
FHLB DISC 9/27/2024 181,000,000
FHLB DISC 11/1/2024 100,000,000
FHLB DISC 2/18/2025 100,000,000
Total Agency Discount $ 2,154,935,000
Agency Fixed Rate:
FFCB NOTE 7/5/2024 $ 350,000,000
FFCB NOTE 7/19/2024 250,000,000
FFCB NOTE 7/25/2024 250,000,000
FFCB NOTE 8/1/2024 250,000,000
FFCB NOTE 8/2/2024 250,000,000
FFCB NOTE 8/16/2024 250,000,000
FFCB NOTE 8/28/2024 250,000,000
FFCB NOTE 9/6/2024 250,000,000
Investment Holdings Schedules - Page 19 of 30 Page 82 of 231
Utah Public Treasurers' Investment Fund
Investment Holdings by Security Type
As of June 30, 2024
Issuer Name Maturity Date Par Amount
FFCB NOTE 9/19/2024 250,000,000
FFCB NOTE 10/4/2024 250,000,000
FHLB NOTE 1/14/2025 500,000,000
FHLB NOTE 4/7/2025 250,000,000
FHLB NOTE 4/11/2025 250,000,000
FHLB NOTE 5/16/2025 250,000,000
FHLB NOTE 5/16/2025 250,000,000
FHLB NOTE 5/23/2025 250,000,000
FHLB NOTE 5/30/2025 250,000,000
FHLB NOTE 6/2/2025 250,000,000
FHLB NOTE 6/18/2025 250,000,000
FHLB NOTE 7/9/2025 500,000,000
FHLB NOTE 7/30/2025 1,000,000,000
FHLB NOTE 7/30/2025 500,000,000
FHLB NOTE 8/20/2025 300,000,000
Total Agency Fixed Rate $ 7,400,000,000
Agency Floating Rate:
FHLB FRN 10/4/2024 $ 250,000,000
FHLB FRN 11/5/2024 200,000,000
FHLB FRN 11/25/2024 230,000,000
FHLB FRN 5/15/2025 465,000,000
FHLB FRN 6/3/2025 250,000,000
FHLB FRN 6/18/2025 480,000,000
FHLB FRN 8/20/2025 250,000,000
FHLB FRN 9/12/2025 300,000,000
FFCB FRN 10/9/2025 275,000,000
FFCB FRN 11/13/2025 125,000,000
FFCB FRN 12/12/2025 140,000,000
FHLB FRN 12/18/2025 250,000,000
FHLB FRN 12/19/2025 250,000,000
FHLB FRN 12/30/2025 250,000,000
FHLB FRN 1/2/2026 250,000,000
FHLB FRN 1/7/2026 500,000,000
FHLB FRN 1/15/2026 500,000,000
FHLB FRN 1/16/2026 250,000,000
FFCB FRN 1/23/2026 500,000,000
FHLB FRN 1/26/2026 200,000,000
FHLB FRN 2/2/2026 500,000,000
FFCB FRN 2/12/2026 465,000,000
FHLB FRN 2/17/2026 250,000,000
FHLB FRN 2/20/2026 250,000,000
FFCB FRB 2/25/2026 370,000,000
Investment Holdings Schedules - Page 20 of 30 Page 83 of 231
Utah Public Treasurers' Investment Fund
Investment Holdings by Security Type
As of June 30, 2024
Issuer Name Maturity Date Par Amount
FHLB FRN 3/24/2026 450,000,000
FFCB FRN 3/26/2026 190,000,000
FHLB FRN 3/30/2026 200,000,000
FFCB FRN 4/8/2026 720,000,000
FHLB FRN 4/14/2026 250,000,000
FFCB FRN 5/28/2026 670,000,000
FHLB FRN 6/26/2026 375,000,000
FHLB FRN 6/25/2027 125,000,000
FFCB FRN 6/28/2027 250,000,000
Total Agency Floating Rate $ 10,980,000,000
Commercial Paper:
WALMART INC CP 7/1/2024 $ 200,000,000
COCA COLA CO CP 7/11/2024 100,000,000
CISCO SYSTEMS INC CP 7/16/2024 200,000,000
ELI LILLY& CO CP 7/29/2024 150,000,000
CISCO SYSTEMS INC CP 8/13/2024 100,000,000
KOCH INDUSTRIES CP 8/23/2024 47,375,000
PFIZER INC CP 8/30/2024 100,000,000
BRISTOL MYERS SQUIBB CO CP 9/30/2024 150,000,000
UNITED HEALTH GROUP CP 9/30/2024 100,000,000
PFIZER INC CP 10/2/2024 47,500,000
CISCO SYSTEMS INC CP 10/24/2024 100,000,000
PEPSICO INC CP 10/31/2024 100,000,000
PFIZER INC CP 12/12/2024 50,000,000
HONEYWELL INTERNATIONAL CP 12/16/2024 50,000,000
HONEYWELL INTERNATIONAL CP 12/17/2024 50,000,000
CISCO SYSTEMS INC CP 12/19/2024 200,000,000
Total Commercial Paper $ 1,744,875,000
Corporate Fixed Rate:
MERCK & CO INC NOTE 2/10/2025 $ 47,025,000
EXXON MOBIL CORP NOTE 3/19/2025 65,004,000
JOHN DEERE CAPITAL CORP NOTE 6/6/2025 40,349,000
WALMART INC NOTE 6/26/2025 21,550,000
Total Corporate Fixed Rate $ 173,928,000
Corporate Variable Rate:
BANK OF MONTREAL VMTN 7/9/2024 $ 65,000,000
GOLDMAN SACHS GROUP INC VMTN 7/16/2024 126,500,000
BANK OF NOVA SCOTIA VMTN 7/31/2024 25,065,000
NATIONAL BANK OF CANADA VMTN 8/6/2024 50,000,000
PRINCIPAL LIFE GLOBAL FDG VMTN 8/23/2024 30,000,000
TORONTO DOMINION BANK VMTN 9/10/2024 100,000,000
Investment Holdings Schedules - Page 21 of 30 Page 84 of 231
Utah Public Treasurers' Investment Fund
Investment Holdings by Security Type
As of June 30, 2024
Issuer Name Maturity Date Par Amount
GA GLOBAL FUNDING TRUST VMTN 9/13/2024 44,000,000
SUMITOMO MITSUI TR BK VMTN 9/16/2024 52,000,000
ANALOG DEVICES INC VMTN 10/1/2024 17,305,000
GOLDMAN SACHS GROUP INC VMTN 10/18/2024 75,000,000
NATIONAL RURAL UTILITY COOP VMTN 10/18/2024 36,500,000
WESTPAC BANKING CORP VMTN 11/18/2024 20,000,000
DBS GROUP HOLDINGS LTD VMTN 11/22/2024 10,000,000
SPIRE MISSOURI INC VMTN 12/2/2024 30,000,000
ATHENE GLOBAL FUNDING VMTN 1/7/2025 40,000,000
UBS GROUP AG LONDON VMTN 1/13/2025 18,000,000
ROYAL BANK OF CANADA VMTN 2/14/2025 100,000,000
ROYAL BANK OF CANADA VMTN 2/18/2025 75,000,000
TORONTO DOMINION BANK VMTN 2/18/2025 100,000,000
CITIGROUP INC VMTN 2/25/2025 50,000,000
ROYAL BANK OF CANADA VMTN 3/28/2025 40,000,000
GA GLOBAL FUNDING TRUST VMTN 4/11/2025 25,000,000
ROYAL BANK OF CANADA VMTN 5/23/2025 50,000,000
MITSUBISHI UFJ FIN GROUP VMTN 9/12/2025 30,000,000
HOME DEPOT INC VMTN 12/24/2025 40,000,000
AMERICAN EXPRESS CO VMTN 2/13/2026 21,500,000
PEPSICO INC VMTN 2/13/2026 13,000,000
MITSUBISHI UFJ FIN GROUP VMTN 2/20/2026 40,000,000
CITIGROUP INC VMTN 2/24/2026 125,000,000
ROYAL BANK OF CANADA VMTN 3/6/2026 75,000,000
GOLDMAN SACHS GROUP INC VMTN 3/7/2026 75,000,000
SUMITOMO MITSUI TR BK VMTN 3/9/2026 25,000,000
MORGAN STANLEY VMTN 3/10/2026 100,000,000
BMW US CAPITAL VMTN 4/2/2026 16,000,000
TORONTO DOMINION BANK VMTN 4/17/2026 15,000,000
JP MORGAN CHASE BANK NA VMTN 4/29/2026 75,000,000
ROYAL BANK OF CANADA VMTN 6/9/2026 75,000,000
BANK OF MONTREAL VMTN 6/30/2026 30,000,000
TORONTO DOMINION BANK VMTN 7/7/2026 35,000,000
ROYAL BANK OF CANADA VMTN 10/20/2026 100,000,000
JP MORGAN CHASE BANK NA VMTN 12/8/2026 13,900,000
TOYOTA MOTOR CREDIT CORP VMTN 3/19/2027 25,000,000
PUBLIC STORAGE VMTN 4/16/2027 25,000,000
CATERPILLAR FINL SERVICE VMTN 5/14/2027 50,000,000
JOHN DEERE CAPITAL CORP VMTN 6/11/2027 30,000,000
Total Corporate Variable Rate $ 2,213,770,000
Total PTIF Holdings as of June 30, 2024 $ 32,719,794,793
Investment Holdings Schedules - Page 22 of 30 Page 85 of 231
bank,
TRUCKEE DONNER INVESTMENT ACCOUNT NUMBER:
PUBLIC UTILITY DISTRICT XXXXXXX002
ATTN: MICHAEL SALMON
11570 DONNER PASS RD YOUR SALES REPRESENTATIVE IS:
TRUCKEE,CA 96161 SAFEKEEPING OPERATIONS
(800)236-4221
STATEMENT PERIOD 07/01/2024-07/31/2024
Investment Holdings Schedules - Page 23 of 30 Page 86 of 231
bank.
Acct Name: TRUCKEE DONNER SUMMARY- USD Page 1
Acct Number: XXXXXXX002 For period 07/01/2024-07/31/2024
ACTIVITY -Settled/Cleared Cash Activity
Transaction Type Amount Your Sales Representative is:SAFEKEEPING OPERATIONS
Purchases 0.00 (800)236-4221
Purchase Reversals 0.00
Sales 0.00 Statement Contents
Sale Reversals 0.00 *Summary
Withdrawals 0.00 *Activity-Settled/Cleared Cash Activity
Receipts 0.00 *Activity-Projected Activity for Next Statement Period
Deliveries 0.00 *Holdings
Principal Reversals 0.00 *Cash Flow Projections
Interest 8,863.01
Interest Reversals 0.00
Interest Adjustments 0.00
Maturities 1,000,000.00
Calls 0.00
Puts 0.00
Paydowns 0.00
Paydown Adjustments 0.00
Payups 0.00
Payup Adjustments 0.00
Cash Dividends 0.00
Balance Changes 0.00
Stock Dividends 0.00
Closeouts 0.00
Closeout Dividends 0.00
Net Activity 1,008,863.01
HOLDINGS -Custody
Category Par/Shares Original Face Principal Cost Market Value
Domestic Time Deposits 1,500,000.00000 1,500,000.00000 1,500,000.00 1,494,426.55
Treasury Obligations 1,000,000.00000 1,000,000.00000 966,214.00 923,404.75
US Government Agency Securities 6,500,000.00000 6,500,000.00000 6,494,333.00 6,155,636.43
Total Custody Holdings 9,000,000.00000 9,000,000.00000 8,960,547.00 8,573,467.73
Investment Holdings Schedules - Page 24 of 30 Page 87 of 231
bank.
Acct Name: TRUCKEE DONNER ACTIVITY- USD Page 2
Acct Number: XXXXXXX002 Settled/Cleared Cash Activity For period 07/01/2024-07/31/2024
Date Activity Description Rate Par/Shares Security ID Amount
Ticket Maturity Price/NAV
07/02/2024 Interest FEDERAL NATL MORTGAGE ASSN 1.750 3135GOV75 8,750.00
799018157 07/02/24 07/02/2024
07/02/2024 Maturity FEDERAL NATL MORTGAGE ASSN 1.750 3135GOV75 1,000,000.00
799018157 07/02/24 07/02/2024
07/25/2024 Interest UBS BANK USA .550 90348JS43 113.01
799019093 CERTIFICATE OF DEPOSIT 08/26/2024
Net Activity 1,008,863.01
Investment Holdings Schedules - Page 25 of 30 Page 88 of 231
bank.
Acct Name: TRUCKEE DONNER ACTIVITY- USD Page 3
Acct Number: XXXXXXX002 Projected Activity for Next Statement Period
Date Activity Description Rate Par/Shares Security ID Amount
Ticket Maturity Price/NAV
08/13/2024 Interest BMW BANK NORTH AMERICA .600 05580AC69 747.95
751012629 CERTIFICATE OF DEPOSIT 08/13/2024
08/13/2024 Maturity BMW BANK NORTH AMERICA .600 05580AC69 250,000.00
751012629 CERTIFICATE OF DEPOSIT 08/13/2024
08/19/2024 Interest GOLDMAN SACHS BANK USA .600 38149MYLl 752.06
392218136 CERTIFICATE OF DEPOSIT 08/19/2024
08/19/2024 Maturity GOLDMAN SACHS BANK USA .600 38149MYLl 250,000.00
392218136 CERTIFICATE OF DEPOSIT 08/19/2024
08/19/2024 Interest SALLIE MAE BANK SALT LAKE .650 795451AP8 814.72
392218137 UT CERTIFICATE OF DEPOSIT 08/19/2024
08/19/2024 Maturity SALLIE MAE BANK SALT LAKE .650 795451AP8 250,000.00
392218137 UT CERTIFICATE OF DEPOSIT 08/19/2024
08/26/2024 Interest UBS BANK USA .550 90348JS43 120.55
799019093 CERTIFICATE OF DEPOSIT 08/26/2024
08/26/2024 Maturity UBS BANK USA .550 90348JS43 250,000.00
799019093 CERTIFICATE OF DEPOSIT 08/26/2024
Net Projected Activity 1,002,435.28
Investment Holdings Schedules - Page 26 of 30 Page 89 of 231
bank.
Acct Name: TRUCKEE DONNER HOLDINGS AS OF 07/31/2024 - USD Page 4
Acct Number: XXXXXXX002
CUSTODY
Maturity Security ID Rate Description Par/Shares Principal Cost Market Value
Ticket Acq Date Original Face NAV
Domestic Time Deposits
08/13/2024 05580AC69 .600 BMW BANK NORTH AMERICA 250,000.00 250,000.00 249,555.66
751012629 08/21 CERTIFICATE OF DEPOSIT 250,000.00
08/19/2024 38149MYLl .600 GOLDMAN SACHS BANK USA 250,000.00 250,000.00 249,376.86
392218136 08/21 CERTIFICATE OF DEPOSIT 250,000.00
08/19/2024 795451AP8 .650 SALLIE MAE BANK SALT LAKE 250,000.00 250,000.00 249,383.62
392218137 08/21 UT CERTIFICATE OF DEPOSIT 250,000.00
08/26/2024 90348JS43 .550 UBS BANK USA 250,000.00 250,000.00 249,141.32
799019093 08/21 CERTIFICATE OF DEPOSIT 250,000.00
09/16/2024 89235MLQ2 .650 TOYOTA FINANCIAL SAVINGS BANK 250,000.00 250,000.00 248,500.03
392218622 09/21 CERTIFICATE OF DEPOSIT 250,000.00
09/17/2024 87165E000 .650 SYNCHRONY BANK 250,000.00 250,000.00 248,469.06
392218630 09/21 CERTIFICATE OF DEPOSIT 250,000.00
Domestic Time Deposits Total 1,500,000.00000 1,500,000.00 1,494,426.55
1,500,000.00000
Treasury Obligations
05/15/2026 912833LZ1 DI U S TREASURY STRIP 1,000,000.00 966,214.00 923,404.75
799018154 06/21 DI,05/15/2026 1,000,000.00
Treasury Obligations Total 1,000,000.00000 966,214.00 923,404.75
1,000,000.00000
US Government Agency Securities
06/16/2025 3133EMH47 .600 FEDERAL FARM CREDIT BANK 1,000,000.00 1,001,595.00 960,129.20
799018158 06/21 06/16/25 1,000,000.00
Investment Holdings Schedules - Page 27 of 30 Page 90 of 231
bank.
Acct Name: TRUCKEE DONNER HOLDINGS AS OF 07/31/2024 - USD Page 5
Acct Number: XXXXXXX002
CUSTODY
Maturity Security ID Rate Description Par/Shares Principal Cost Market Value
Ticket Acq Date Original Face NAV
06/17/2025 3135G04Z3 .500 FEDERAL NATL MORTGAGE ASSN 1,000,000.00 998,415.00 963,000.81
799018156 06/21 06/17/25 1,000,000.00
09/08/2025 31422XML3 .600 FARMER MAC 1,000,000.00 999,999.00 955,505.58
392218629 09/21 09/08/25 1,000,000.00
09/23/2025 3137EAEX3 .375 FEDERAL HOME LOAN MTG CORP 1,000,000.00 992,087.00 952,287.72
751012627 08/21 09/23/2025 1,000,000.00
06/23/2026 3134GXHY3 .750 FEDERAL HOME LOAN MTG CORP 1,000,000.00 999,750.00 932,455.75
799018155 06/21 06/23/26 1,000,000.00
09/08/2026 3133EM4S8 .870 FEDERAL FARM CREDIT BANK 1,500,000.00 1,502,487.00 1,392,257.37
392218628 09/21 09/08/26 1,500,000.00
US Government Agency Securities Total 6,500,000.00000 6,494,333.00 6,155,636.43
6,500,000.00000
Total Custody Holdings 9,000,000.00000 8,960,547.00 8,573,467.73
9,000,000.00000
Investment Holdings Schedules - Page 28 of 30 Page 91 of 231
bank.
Acct Name: TRUCKEE DONNER CASH FLOW PROJECTIONS - USD Page 6
Acct Number: XXXXXXX002 For The Next 12 Months
Last Pay Date Ticket Aug 24 Sep 24 Oct 24 Nov 24
Security ID Dec 24 Jan 25 Feb 25 Mar 25
Description Apr 25 May 25 Jun 25 Jul 25
08/19/2024 392218136 250,752.06 0.00 0.00 0.00
38149MYLl 0.00 0.00 0.00 0.00
GOLDMAN SACHS BANK USA 0.00 0.00 0.00 0.00
08/19/2024 392218137 250,814.72 0.00 0.00 0.00
795451 AP8 0.00 0.00 0.00 0.00
SALLIE MAE BANK SALT LAKE 0.00 0.00 0.00 0.00
08/13/2024 751012629 250,747.95 0.00 0.00 0.00
05580AC69 0.00 0.00 0.00 0.00
BMW BANK NORTH AMERICA 0.00 0.00 0.00 0.00
08/26/2024 799019093 250,120.55 0.00 0.00 0.00
90348JS43 0.00 0.00 0.00 0.00
UBS BANK USA 0.00 0.00 0.00 0.00
09/16/2024 392218622 0.00 250,819.18 0.00 0.00
89235MLQ2 0.00 0.00 0.00 0.00
TOYOTA FINANCIAL SAVINGS BANK 0.00 0.00 0.00 0.00
09/17/2024 392218630 0.00 250,819.18 0.00 0.00
87165EUGO 0.00 0.00 0.00 0.00
SYNCHRONY BANK 0.00 0.00 0.00 0.00
06/17/2025 799018156 0.00 0.00 0.00 0.00
3135G04Z3 2,500.00 0.00 0.00 0.00
FEDERAL NATL MORTGAGE ASSN 0.00 0.00 1,002,500.00 0.00
06/16/2025 799018158 0.00 0.00 0.00 0.00
3133EMH47 3,000.00 0.00 0.00 0.00
FEDERAL FARM CREDIT BANK 0.00 0.00 1,003,000.00 0.00
09/08/2025 392218629 0.00 3,000.00 0.00 0.00
31422XML3 0.00 0.00 0.00 3,000.00
FARMER MAC 0.00 0.00 0.00 0.00
09/23/2025 751012627 0.00 1,875.00 0.00 0.00
3137EAEX3 0.00 0.00 0.00 1,875.00
FEDERAL HOME LOAN MTG CORP 0.00 0.00 0.00 0.00
06/23/2026 799018155 0.00 0.00 0.00 0.00
3134GXHY3 3,750.00 0.00 0.00 0.00
FEDERAL HOME LOAN MTG CORP 0.00 0.00 3,750.00 0.00
Investment Holdings Schedules - Page 29 of 30 Page 92 of 231
bank.
Acct Name: TRUCKEE DONNER CASH FLOW PROJECTIONS - USD Page 7
Acct Number: XXXXXXX002 For The Next 12 Months
Last Pay Date Ticket Aug 24 Sep 24 Oct 24 Nov 24
Security ID Dec 24 Jan 25 Feb 25 Mar 25
Description Apr 25 May 25 Jun 25 Jul 25
09/08/2026 392218628 0.00 6,525.00 0.00 0.00
3133EM4S8 0.00 0.00 0.00 6,525.00
FEDERAL FARM CREDIT BANK 0.00 0.00 0.00 0.00
1,002,435.28 513,038.36 0.00 0.00
9,250.00 0.00 0.00 11,400.00
0.00 0.00 2,009,250.00 0.00
Total Projected Cash Flow 3,545,373.64
Projections are made only on holdings paid through U.S.Bank and are not guaranteed.
Investment Holdings Schedules - Page 30 of 30 Page 93 of 231