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Quarterly Report of Investments <br />August 29, 2023 <br />Page 2 <br />3 <br />6 <br />8 <br />7 <br />The attached Cash held by Bank and Cash held by Fund(s) Listing (Exhibit 2) is a <br />schedule of cash by funds added to the monthly and quarterly Report of Investments to <br />enhance FMSA’s reporting and transparency. <br />The following two tables represent: (1) percentage limits set by the City’s Investment <br />Policy and State Law and shows respective City investment portfolio investment types, <br />amounts, and percentages; and (2) the restricted cash balance as of June 30, 2023. <br />Type of Investment Amounts <br />Invested $Portfolio % <br />COSA <br />Policy <br />Limits <br />% <br />State Law <br />Limits % <br />Certificates of Deposit (CDs)$6,696,000 1.20%30%30% <br />Federal Farm Credit Bank (FFCB)$55,936,550 10.00%None None <br />Federal Home Loan Bank (FHLB)$249,738,720 44.63%None None <br />Federal Home Loan Mortgage Corp. (FHLMC)$44,993,750 8.04%None None <br />Federal National Mortgage Association (FNMA)$59,484,750 10.63%None None <br />Local Agency Investment Fund (LAIF)$73,244,242 13.09%None None <br />Local Agency Investment Fund (LAIF – ARPA)$59,582,074 10.65%None None <br />U.S. Treasury $9,915,500 1.76%None None <br />Sub- Total:$559,591,586 100%None None <br />Cash :$22,170,181 <br />Total:$581,761,767 <br />Restricted Cash In $ <br />Restricted Cash †,$13,417,418 <br /> Total $13,417,418 <br />† Restricted cash is held by various Trustees such as Bank of New York Mellon; US Bank; Signature Bank; and <br />State of California Condemnation Fund. Restricted Cash is segregated from cash used for daily operations. <br />The following City investment portfolio graph represents percentages within the <br />respective investment types as of June 30, 2023. <br />  <br />  <br />City Council 5 – 2 8/29/2023