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HomeMy WebLinkAboutItem 13 - Periodic Quarterly Report of Investments as of March 31, 2022 Finance and Management Services www.santa-ana.org/finance Item # 13 City of Santa Ana 20 Civic Center Plaza, Santa Ana, CA 92701 Staff Report May 17, 2022 TOPIC: Periodic Quarterly Report of Investments as of March 31, 2022 AGENDA TITLE: Receive and File Quarterly Report of Investments as of March 31, 2022 RECOMMENDED ACTION Receive and file. DISCUSSION California Code Section 53646 (b) states that if a quarterly report is rendered to the legislative body, the quarterly investment report shall be submitted within 30 days following the end of the quarter covered by the report. In an effort to meet the statutory requirement, Finance & Management Services Agency (“FMSA”) submits the Report via email for review and distribution to the City Council in advance. The report was emailed for distribution on April 26, 2022. The legislation specifies that this quarterly report contain the seven major elements listed below: 1. Type of investments 2. Date of maturity 3. Par and dollar amounts invested in each security 4. Weighted average maturity of the investments 5. Market value as of the date of the report 6. Source of the market value information 7. Any funds, investments or programs, including loans, under the management of contracted parties These specifications include a statement outlining the ability of the City to meet the budgeted expenditures for the subsequent six months be submitted to the City Council on a quarterly basis. Staff performs an end-of-month expenditure analysis to comply with the expenditure requirement and a statement confirming the ability to meet this requirement in the monthly and quarter-ending Treasurer’s Report. The information is in compliance with State law and the City’s Investment Policy. The attached Treasurer’s Report (Exhibit 1) accurately reflects all pooled investments held on behalf of the City as of March 31, 2022. Quarterly Report of Investments May 17, 2022 Page 2 2 6 7 3 The attached Cash held by Bank and Cash held by Fund(s) Listing (Exhibit 2) is a schedule of cash by funds added to the monthly and quarterly Report of Investments to enhance FMSA’s reporting and transparency. The following two tables represent: (1) percentage limits set by the City’s Investment Policy and State Law and shows respective City investment portfolio investment types, amounts, and percentages; and (2) the restricted cash balance as of March 31, 2022. Type of Investment Amounts Invested $ Portfolio % COSA Policy Limits % State Law Limits % Certificates of Deposit (CDs)$6,696,000 1.47%30%30% Federal Farm Credit Bank (FFCB)$55,409,210 12.18%None None Federal Home Loan Bank (FHLB)$188,225,370 41.39%None None Federal Home Loan Mortgage Corp. (FHLMC)$49,991,250 10.99%None None Federal National Mortgage Association (FNMA)$61,899,880 13.61%None None Local Agency Investment Fund (LAIF)$32,082,818 7.05%None None Local Agency Investment Fund (LAIF – ARPA)$55,517,256 12.21%None None U.S. Treasury $4,990,000 1.10%None None Sub- Total:$454,811,784 100%None None Cash :$19,526,339 Total:$474,338,123 Restricted Cash In $ Restricted Cash †,$3,194,524 Total $3,194,524 † Restricted cash is held by various Trustees such as Bank of New York Mellon; US Bank; Signature Bank; and State of California Condemnation Fund. Restricted Cash is segregated from cash used for daily operations. The following City investment portfolio graph represents percentages within the respective investment types as of March 31, 2022. Quarterly Report of Investments May 17, 2022 Page 3 2 6 7 3 The following two tables represent, as of March 31, 2022: (1) the aggregate Average Market Yield To Date (AMTD); and (2) the breakdown of by investment type. Aggregate Average Market Yield To Date Average Month To Date (AMTD)0.896% Investments Book Value of Investments YTM % of Portfolio Certificates of Deposit $6,696,000 1.181%1.47%0.017% LAIF $32,082,817.50 0.365%7.05%0.026% LAIF (ARPA)$55,517,255.84 0.365%12.21%0.045% Federal Agency Securities $355,525,710.25 1.008%78.17%0.788% U.S. Treasury $4,990,000 1.839%1.10%0.020% $454,811,784 0.896%100.00%0.896% Cash held by Bank and Cash by Fund(s) Listing (Exhibit 2) The above-referenced exhibit (Exhibit 2) includes a comparison of bank balances between each City Cash account including Investments; Cash held at a City designated financial institution; Cash on Hand; and Restricted Cash versus the Cash held by various Fund(s). ENVIRONMENTAL IMPACT There is no environmental impact associated with this action. FISCAL IMPACT There is no fiscal impact associated with this action. EXHIBIT(S) 1. Treasurer’s Report 2. Cash Held by Bank and Cash Fund(s) Listing Submitted By: Kathryn Downs, FMSA Executive Director Approved By: Kristine Ridge, City Manager City of Santa Ana Portfolio Management March 31, 2022 Portfolio Summary % of Portfolio Book ValueInvestmentsMarket Value Par Value Days to MaturityTerm YTM/C Certificates of Deposit 6,696,000.00 1,6531.47 1.1811,5536,354,260.996,696,000.00 Local Agency Investment Funds 32,082,817.50 17.05 0.365132,082,817.5032,082,817.50 Cash in Banks 55,517,255.84 112.21 0.365155,517,255.8455,517,255.84 Federal Agency Coupon Securities 355,525,710.25 1,70578.17 1.008305338,587,474.00355,675,000.00 Treasury Coupon Securities 4,990,000.00 8371.10 1.8398214,931,250.005,000,000.00 454,811,783.59 100.00%Investments 437,473,058.33454,971,073.34 1,366 271 0.896 Cash (not included in yield calculations) Passbook/Checking 19,526,338.86 1 0.000119,526,338.8619,526,338.86 474,338,122.45Total Cash and Investments 456,999,397.19474,497,412.20 1,366 271 0.896 Current Year March 31 315,962.51 Fiscal Year To Date 2,373,972.77 Average Daily Balance Effective Rate of Return 475,424,689.36 453,360,279.22 0.70%0.78% Total Earnings Month Ending This report contains all the required information in SB 866 and SB 564 and accurately reflects all pooled investments held during this reporting period on behalf of the City and the City of Santa Ana acting on behalf of the Community Redevelopment Agency. The information reported herein is in compliance with State law and the City's Investment Policy. Based on liquidity of investments, the City of Santa Ana is able to meet budgeted expenditure requirements for the next six months, barring any catastrophic natural disasters. Market pricings are obtained through the City's third party trust services at BNY Mellon Trust. __________________________________________________ ____________________ Finance & Mgmt Services Agency, Portfolio COSA CP Reporting period 03/01/2022-03/31/2022 Run Date: 04/15/2022 - 10:34 PM (PRF_PM1) 7.3.11 Report Ver. 7.3.11 EXHIBIT 1 YTM/C 365 Page 1 Par Value Book Value Maturity Date Stated RateMarket Value March 31, 2022 Portfolio Details - Investments Average BalanceIssuer Portfolio Management City of Santa Ana Days to Maturity YTM/C 360CUSIPInvestment # Purchase Date Certificates of Deposit 0.600BANK OZK14051 248,000.00 248,000.00 05/12/20260.60011/12/2021 229,055.03 0.59206417NF73 1,502 0.700American Equity Bank14043 248,000.00 248,000.00 05/27/20260.70011/26/2021 229,866.81 0.69002568KAJ4 1,517 1.000PENTAGON FCU14050 248,000.00 248,000.00 11/10/20261.00011/10/2021 231,669.15 0.98670962LAV4 1,684 0.600LUANA SAVINGS BK14046 248,000.00 248,000.00 11/05/20260.60011/05/2021 227,447.35 0.592549104ZS9 1,679 1.100SYNCHRONY BANK14047 248,000.00 248,000.00 11/05/20261.10011/05/2021 232,877.21 1.08587165FD76 1,679 2.000AMERICA EXPRESS NATL BK14078 248,000.00 248,000.00 03/16/20272.00003/16/2022 242,550.18 1.97302589ABT8 1,810 0.850CFBANK14044248,000.00 248,000.00 07/10/20260.85011/10/2021 231,024.05 0.83815721UET2 1,561 0.850FIRST FEDERAL14065 248,000.00 248,000.00 08/29/20250.85012/29/2021 233,837.84 0.83832022EAU0 1,246 0.800THIRD FEDERAL S&L14056 248,000.00 248,000.00 05/23/20250.80011/24/2021 234,488.22 0.78988413QDE5 1,148 2.250BEAL BANK PLANO TX14084 248,000.00 248,000.00 03/24/20272.25003/30/2022 245,458.10 2.21907371AH22 1,818 1.000GOLDMAN SACHS14064 248,000.00 248,000.00 12/22/20251.00012/22/2021 234,162.69 0.98638149MR47 1,361 1.150ST BK INDIA NY14057 248,000.00 248,000.00 11/30/20261.15011/29/2021 233,213.84 1.134856285YQ8 1,704 2.000CAPITAL ONE BANK14079 248,000.00 248,000.00 03/16/20272.00003/16/2022 242,550.18 1.97314042TEP8 1,810 1.100MERRICK BANK14049 248,000.00 248,000.00 11/09/20261.10011/09/2021 232,772.23 1.08559013KPN0 1,683 0.850FARMERS & MERCHANTS14054 248,000.00 248,000.00 11/19/20260.85011/19/2021 229,936.82 0.83830781JAW0 1,693 0.950BMW BANK OF NA14061 248,000.00 248,000.00 12/17/20240.95012/17/2021 237,410.50 0.93705580AH64 991 0.900INSBANK14062248,000.00 248,000.00 06/19/20260.90012/20/2021 231,674.98 0.88845776NEN2 1,540 1.250MEDALLION BK UT14063 248,000.00 248,000.00 12/21/20261.25012/20/2021 234,159.24 1.23358404DMQ1 1,725 1.100TOYOTA FINANCIAL14052 248,000.00 248,000.00 11/12/20261.10011/12/2021 232,817.19 1.08589235MMB4 1,686 0.900EMPIRE ST BK NA14045 248,000.00 248,000.00 07/13/20260.90011/12/2021 231,579.55 0.888292079AR1 1,564 2.250BEAL BANK USA14085 248,000.00 248,000.00 03/24/20272.25003/30/2022 245,458.10 2.21907371CT25 1,818 0.800POPPY BANK14053 248,000.00 248,000.00 11/17/20260.80011/17/2021 229,407.51 0.78973319FBJ7 1,691 0.500FIRST GENERAL BK14048 248,000.00 248,000.00 02/05/20250.50011/05/2021 233,634.90 0.493320337EZ7 1,041 0.900GREENSTATE CU14055 248,000.00 248,000.00 11/24/20250.90011/23/2021 233,461.07 0.88839573LCC0 1,333 2.250MORGAN STANLEY PVT BANK14082 248,000.00 248,000.00 03/30/20272.25003/31/2022 248,000.00 2.21961768U3U9 1,824 2.250MORGAN STANLEY PVT BANK14083 248,000.00 248,000.00 03/30/20272.25003/31/2022 248,000.00 2.21961773TCX9 1,824 1.000SALLIE MAE BANK14060 248,000.00 248,000.00 12/16/20241.00012/15/2021 237,748.25 0.986795451BA0 990 6,696,000.00 1.1656,354,260.996,696,000.005,512,000.00Subtotal and Average 1.181 1,553 Local Agency Investment Funds 0.365Local Agency Investment FundLAIFCITY 32,082,817.50 32,082,817.50 0.36532,082,817.50 0.360LAIFCITY 1 32,082,817.50 0.36032,082,817.5032,082,817.5032,082,817.50Subtotal and Average 0.365 1 Cash in Banks 0.365Local Agency Investment FundLAIF ARPA 55,517,255.84 55,517,255.84 0.36555,517,255.84 0.360LAIF ARPA 1 Portfolio COSA CP Run Date: 04/15/2022 - 10:34 PM (PRF_PM2) 7.3.11 Report Ver. 7.3.11 YTM/C 365 Page 2 Par Value Book Value Maturity Date Stated RateMarket Value March 31, 2022 Portfolio Details - Investments Average BalanceIssuer Portfolio Management City of Santa Ana Days to Maturity YTM/C 360CUSIPInvestment # Purchase Date 55,517,255.84 0.36055,517,255.8455,517,255.8486,406,097.09Subtotal and Average 0.365 1 Federal Agency Coupon Securities 2.670Federal Farm Credit Bank13868 925,000.00 924,195.25 10/23/20232.65001/29/2019 933,954.00 2.6343133EJ5W5 570 2.619Federal Farm Credit Bank13876 3,000,000.00 2,998,740.00 02/27/20242.61003/04/2019 3,027,120.00 2.5833133EKBW5 697 2.430Federal Farm Credit Bank13884 2,000,000.00 1,975,960.00 05/15/20232.12503/15/2019 2,005,820.00 2.3963133ECPM0 409 1.920Federal Farm Credit Bank13897 1,500,000.00 1,512,465.00 09/05/20232.12506/10/2019 1,502,985.00 1.8943133EKPG5 522 1.420Federal Farm Credit Bank13932 2,500,000.00 2,496,700.00 10/11/20221.37510/11/2019 2,502,400.00 1.4013133EKY91 193 1.606Federal Farm Credit Bank13934 5,000,000.00 5,003,650.00 10/23/20231.62510/23/2019 4,970,050.00 1.5843133EK3M6 570 0.690Federal Farm Credit Bank13974 6,000,000.00 6,000,000.00 07/22/20250.69007/22/2020 5,645,940.00 0.6813133ELX33 1,208 0.530Federal Farm Credit Bank13988 5,000,000.00 5,000,000.00 09/29/20250.53009/29/2020 4,653,550.00 0.5233133EMBH4 1,277 0.550Federal Farm Credit Bank13991 5,000,000.00 4,997,500.00 11/03/20250.54011/03/2020 4,661,950.00 0.5433133EMFR8 216 0.800Federal Farm Credit Bank14005 4,000,000.00 4,000,000.00 03/09/20260.80003/09/2021 3,765,160.00 0.7893133EMSU7 342 0.710Federal Farm Credit Bank14006 6,000,000.00 6,000,000.00 04/01/20250.71004/01/2021 5,676,240.00 0.7003133EMUP5 0 0.710Federal Farm Credit Bank14016 5,000,000.00 5,000,000.00 04/21/20250.71004/21/2021 4,747,200.00 0.7003133EMWH1 20 0.710Federal Farm Credit Bank14032 6,000,000.00 6,000,000.00 08/10/20260.71008/10/2021 5,576,100.00 0.7003133EM2C5 496 2.180Federal Farm Credit Bank14075 3,500,000.00 3,500,000.00 02/16/20272.18002/16/2022 3,408,475.00 2.1503133ENPB0 686 1.815Federal Home Loan Bank13845 5,000,000.00 5,000,000.00 06/27/20221.81506/27/2017 5,012,650.00 1.7903130ABBNS1 87 2.699Federal Home Loan Bank13854 1,500,000.00 1,486,650.00 03/10/20232.50005/31/2018 1,512,165.00 2.6623130ADMX7 343 2.541Federal Home Loan Bank13873 2,000,000.00 1,996,220.00 02/13/20242.50002/27/2019 2,007,540.00 2.5063130AFW94 683 2.380Federal Home Loan Bank13889 3,000,000.00 2,999,250.00 03/08/20242.37504/29/2019 3,003,960.00 2.3483130AB3H7 707 0.580Federal Home Loan Bank13996 4,000,000.00 4,000,000.00 01/28/20260.58001/28/2021 3,742,800.00 0.5723130AKPQ3 27 0.520Federal Home Loan Bank13997 5,000,000.00 5,000,000.00 01/28/20260.52001/28/2021 4,668,300.00 0.5133130AKU53 27 0.500Federal Home Loan Bank13998 6,000,000.00 6,000,000.00 01/28/20260.50001/28/2021 5,599,320.00 0.4933130AKN69 302 0.600Federal Home Loan Bank13999 5,000,000.00 5,000,000.00 02/25/20260.60002/25/2021 4,675,000.00 0.5923130ALA53 54 0.625Federal Home Loan Bank14001 5,000,000.00 5,000,000.00 02/24/20260.62502/24/2021 4,679,600.00 0.6163130ALBM5 53 0.375Federal Home Loan Bank14002 5,000,000.00 5,000,000.00 02/25/20250.37502/25/2021 4,702,750.00 0.3703130ALB52 146 0.500Federal Home Loan Bank14003 4,000,000.00 4,000,000.00 03/10/20250.50003/10/2021 3,775,040.00 0.4933130ALDZ4 70 0.500Federal Home Loan Bank14004 4,000,000.00 4,000,000.00 09/24/20240.50003/24/2021 3,823,040.00 0.4933130ALKN3 84 0.684Federal Home Loan Bank14007 6,000,000.00 5,997,000.00 03/17/20250.65003/29/2021 5,690,640.00 0.6753130ALLP7 77 1.100Federal Home Loan Bank14008 5,000,000.00 5,000,000.00 04/22/20261.10004/22/2021 4,757,100.00 1.0853130ALW67 21 1.050Federal Home Loan Bank14024 6,000,000.00 6,000,000.00 06/30/20261.05006/30/2021 5,671,920.00 1.0363130AMYU0 90 1.000Federal Home Loan Bank14025 6,000,000.00 6,000,000.00 03/30/20261.00006/30/2021 5,683,140.00 0.9863130AMYC0 90 0.400Federal Home Loan Bank14026 6,000,000.00 6,000,000.00 06/28/20240.40006/28/2021 5,769,900.00 0.3953130AMSF0 88 0.850Federal Home Loan Bank14027 5,000,000.00 5,000,000.00 07/29/20260.85007/29/2021 4,685,550.00 0.8383130ANFU9 119 0.875Federal Home Loan Bank14028 5,000,000.00 5,000,000.00 05/18/20260.87508/18/2021 4,697,500.00 0.8633130ANFG0 47 0.500Federal Home Loan Bank14029 5,000,000.00 5,000,000.00 07/29/20260.50007/29/2021 4,735,950.00 0.4933130ANE30 28 0.550Federal Home Loan Bank14033 5,000,000.00 5,000,000.00 12/19/20240.55008/19/2021 4,777,850.00 0.5423130ANHV5 993 Portfolio COSA CP Run Date: 04/15/2022 - 10:34 PM (PRF_PM2) 7.3.11 YTM/C 365 Page 3 Par Value Book Value Maturity Date Stated RateMarket Value March 31, 2022 Portfolio Details - Investments Average BalanceIssuer Portfolio Management City of Santa Ana Days to Maturity YTM/C 360CUSIPInvestment # Purchase Date Federal Agency Coupon Securities 0.700Federal Home Loan Bank14034 6,000,000.00 6,000,000.00 08/26/20250.70008/26/2021 5,647,320.00 0.6903130ANPE4 147 0.900Federal Home Loan Bank14035 6,000,000.00 6,000,000.00 08/27/20260.90008/27/2021 5,576,460.00 0.8883130ANQ78 332 0.820Federal Home Loan Bank14036 5,000,000.00 5,000,000.00 09/30/20260.82009/30/2021 4,676,150.00 0.8093130AP3E3 182 0.650Federal Home Loan Bank14037 5,000,000.00 5,000,000.00 06/30/20250.65009/30/2021 4,719,350.00 0.6413130ANX62 90 1.000Federal Home Loan Bank14038 5,000,000.00 5,000,000.00 09/30/20261.00009/30/2021 4,707,050.00 0.9863130APB79 182 0.875Federal Home Loan Bank14039 5,000,000.00 4,998,750.00 06/29/20260.85009/29/2021 4,676,550.00 0.8633130AP3A1 89 0.950Federal Home Loan Bank14040 10,000,000.00 10,000,000.00 10/13/20260.95010/13/2021 9,367,700.00 0.9373130APB46 560 0.750Federal Home Loan Bank14041 5,000,000.00 5,000,000.00 05/23/20240.75011/23/2021 4,850,150.00 0.7403130APQC2 52 1.500Federal Home Loan Bank14042 5,000,000.00 5,000,000.00 11/23/20261.50011/23/2021 4,801,200.00 1.4793130APQB4 22 1.385Federal Home Loan Bank14058 5,000,000.00 4,997,500.00 12/01/20261.37512/14/2021 4,786,750.00 1.3663130APVC6 61 1.625Federal Home Loan Bank14059 3,750,000.00 3,750,000.00 12/30/20261.62512/30/2021 3,600,450.00 1.6033130AQAB9 90 1.650Federal Home Loan Bank14069 5,000,000.00 5,000,000.00 01/27/20271.65001/27/2022 4,800,700.00 1.6273130AQLQ4 301 1.750Federal Home Loan Bank14070 1,500,000.00 1,500,000.00 01/28/20271.75001/28/2022 1,448,385.00 1.7263130AQKM4 27 1.750Federal Home Loan Bank14071 3,000,000.00 3,000,000.00 01/27/20271.75001/27/2022 2,885,130.00 1.7263130AQNR0 301 1.830Federal Home Loan Bank14072 5,000,000.00 5,000,000.00 02/10/20271.83002/10/2022 4,808,100.00 1.8053130AQSA2 315 2.020Federal Home Loan Bank14073 5,000,000.00 5,000,000.00 02/24/20272.02002/24/2022 4,864,400.00 1.9923130AQW33 329 2.255Federal Home Loan Bank14074 1,500,000.00 1,500,000.00 02/24/20272.25002/28/2022 1,470,300.00 2.2243130AQYA5 329 2.000Federal Home Loan Bank14076 3,000,000.00 3,000,000.00 03/24/20252.00003/24/2022 2,964,000.00 1.9733130ARA35 84 2.100Federal Home Loan Bank14077 3,000,000.00 3,000,000.00 03/29/20272.10003/29/2022 2,941,860.00 2.0713130ARC82 362 4.315Federal Home Loan Bank14080 2,000,000.00 2,000,000.00 09/28/20231.62503/28/2022 1,990,980.00 4.2563130ARD65 88 1.936Federal Home Loan Mortgage Co.13839 5,000,000.00 4,997,500.00 06/29/20221.92506/29/2017 5,013,800.00 1.9093134GBVA7 89 0.720Federal Home Loan Mortgage Co.13962 5,000,000.00 4,995,000.00 05/05/20250.70005/05/2020 4,742,100.00 0.7113134GVQX9 1,130 0.763Federal Home Loan Mortgage Co.13964 5,000,000.00 4,998,750.00 05/28/20250.75005/28/2020 4,726,550.00 0.7523134GVVX3 57 0.700Federal Home Loan Mortgage Co.13967 6,000,000.00 6,000,000.00 06/25/20250.70006/25/2020 5,707,680.00 0.6903134GVR26 85 0.650Federal Home Loan Mortgage Co.13968 6,000,000.00 6,000,000.00 06/30/20250.65006/30/2020 5,648,400.00 0.6413134GVT99 90 0.570Federal Home Loan Mortgage Co.13979 6,000,000.00 6,000,000.00 07/15/20240.57007/15/2020 5,784,600.00 0.5623134GV5R5 14 0.500Federal Home Loan Mortgage Co.13987 5,000,000.00 5,000,000.00 09/30/20250.50009/30/2020 4,650,700.00 0.4933134GWUE4 182 0.540Federal Home Loan Mortgage Co.13989 6,000,000.00 6,000,000.00 10/27/20250.54010/27/2020 5,579,640.00 0.5333134GW4Z6 209 0.500Federal Home Loan Mortgage Co.13995 6,000,000.00 6,000,000.00 12/30/20250.50012/30/2020 5,608,320.00 0.4933134GXJL9 273 2.689Federal Nat'l Mtg. Assoc.13850 2,000,000.00 1,971,780.00 01/19/20232.37503/28/2018 2,013,300.00 2.6533135G0T94 293 2.647Federal Nat'l Mtg. Assoc.13856 1,000,000.00 971,950.00 04/05/20221.87505/31/2018 1,000,190.00 2.6113135G0T45 4 2.702Federal Nat'l Mtg. Assoc.13857 1,000,000.00 971,400.00 10/05/20222.00005/31/2018 1,004,320.00 2.6653135G0T78 187 1.664Federal Nat'l Mtg. Assoc.13940 5,000,000.00 4,990,750.00 01/07/20251.62501/15/2020 4,886,550.00 1.6413135G0X24 1,012 1.651Federal Nat'l Mtg. Assoc.13941 5,000,000.00 4,994,000.00 10/15/20241.62501/15/2020 4,903,500.00 1.6293135G0W66 928 0.750Federal Nat'l Mtg. Assoc.13965 5,000,000.00 5,000,000.00 06/16/20250.75006/16/2020 4,750,450.00 0.7403136G4WV1 1,172 0.510Federal Nat'l Mtg. Assoc.13976 8,000,000.00 8,000,000.00 07/28/20250.51007/28/2020 7,492,080.00 0.5033136G4D42 483 Portfolio COSA CP Run Date: 04/15/2022 - 10:34 PM (PRF_PM2) 7.3.11 YTM/C 365 Page 4 Par Value Book Value Maturity Date Stated RateMarket Value March 31, 2022 Portfolio Details - Investments Average BalanceIssuer Portfolio Management City of Santa Ana Days to Maturity YTM/C 360CUSIPInvestment # Purchase Date Federal Agency Coupon Securities 0.650Federal Nat'l Mtg. Assoc.13977 6,000,000.00 6,000,000.00 08/14/20250.65008/14/2020 5,647,860.00 0.6413136G4C43 1,231 0.560Federal Nat'l Mtg. Assoc.13978 6,000,000.00 6,000,000.00 08/12/20250.56008/12/2020 5,628,480.00 0.5523136G4G98 133 0.530Federal Nat'l Mtg. Assoc.13990 6,000,000.00 6,000,000.00 10/28/20250.53010/28/2020 5,566,440.00 0.5233136G45Q2 210 0.625Federal Nat'l Mtg. Assoc.13992 5,000,000.00 5,000,000.00 11/25/20250.62511/25/2020 4,684,950.00 0.6163135GA4V0 238 0.600Federal Nat'l Mtg. Assoc.13993 6,000,000.00 6,000,000.00 12/17/20250.60012/17/2020 5,612,700.00 0.5923135GAAN1 77 0.650Federal Nat'l Mtg. Assoc.13994 6,000,000.00 6,000,000.00 12/10/20250.65012/10/2020 5,603,220.00 0.6413135G06J7 70 355,525,710.25 0.995338,587,474.00355,675,000.00348,848,290.90Subtotal and Average 1.008 305 Treasury Coupon Securities 1.839U.S. Treasury14081 5,000,000.00 4,990,000.00 06/30/20241.75003/16/2022 4,931,250.00 1.8149128286Z8 821 4,990,000.00 1.8144,931,250.005,000,000.002,575,483.87Subtotal and Average 1.839 821 0.884475,424,689.36 454,971,073.34 0.896 271437,473,058.33 454,811,783.59Total and Average Portfolio COSA CP Run Date: 04/15/2022 - 10:34 PM (PRF_PM2) 7.3.11 YTM/C 365 Page 5 Par Value Book Value Stated RateMarket Value March 31, 2022 Portfolio Details - Cash Average BalanceIssuer Portfolio Management City of Santa Ana Days to Maturity YTM/C 360CUSIPInvestment # Purchase Date Cash in Banks 0.000CITY OF SANTA ANAPETTY CASH 90,053.00 90,053.0007/01/2021 90,053.00 0.000PETTY CASH 1 0.000JP MORGAN CHASE13943 3,422,917.96 3,422,917.9607/01/2021 3,422,917.96 0.000HOUSING 1 0.000JP MORGAN CHASE37983 1,595,028.95 1,595,028.951,595,028.95 0.000WORKERS COMPENS 1 0.000JP MORGAN CHASE38130 680,045.16 680,045.16680,045.16 0.000GENERAL LIABILI 1 0.000JP MORGAN CHASE8695 34,084.30 34,084.3007/01/2021 34,084.30 0.000PROPERTY MANAGE 1 0.000JP MORGAN CHASEPROP MGMT 2 1,492.50 1,492.5007/01/2021 1,492.50 0.000PROPERTY MGMT 2 1 0.000JPMorgan Chase0112 310,933.35 310,933.35310,933.35 0.000HEALTHCARE SPEN 1 0.000JPMorgan Chase7962 548,486.60 548,486.60548,486.60 0.000COMMISSARY 1 0.000JPMorgan Chase9500 12,084,196.42 12,084,196.4212,084,196.42 0.000GENERAL ACCOUNT 1 0.000Santa Ana Federal Credit UnionFSS 759,100.62 759,100.62759,100.62 0.000FSS 1 0.00 0.884475,424,689.36 474,497,412.20 0.896 271 1Average Balance 456,999,397.19 474,338,122.45Total Cash and Investments Portfolio COSA CP Run Date: 04/15/2022 - 10:34 PM (PRF_PM2) 7.3.11 CUSIP Investment# Issuer Money Market Accounts X9USDDTPC 80364 Dreyfus Treasury X9USDDTPC 80365 Dreyfus Treasury X9USDDEFU-801-07 INSTL RES TRE AND AGNY CASH 9AMMF05B2 80405 US BANK MONEY MARKET 9AMMFD5B2-80406 US BANK MONEY MARKET 9AMMFD5B2-80407 US BANK MONEY MARKET SYS80418 80418 US BANK MONEY MARKET SYS80419 80419 US BANK MONEY MARKET SYS80421 80421 US BANK MONEY MARKET X9USDMOR3-80243 MORGAN STANLEY GOVT INSTL X9USDMOR3 80248 MORGAN STANLEY GOVT INSTL Subtotal and Average Other $86209710 80225 MBIA INSURANCE POLICY 981NP5PV2 80396 ASSURED GUARANTY MUNI CORP Subtotal and Average Cash in Bank SYS80414 80414 SIGNATURE BANK SYS80415 80415 CONDEMNATION DEPOSIT FUND Subtotal and Average Total and Average Run Date: 04/1112022-14:48 CASH/SECURITIES HELD IN TRUST Portfolio Management Portfolio Details -Investments March 31, 2022 Par Value Market Value 10,571.44 10,571.44 1,206.26 1,206.26 2.16 2.16 3.16 3.16 0.55 0.55 0.39 0.39 523,131.75 523,131.75 105,346.37 105,346.37 0.00 0.00 108,865.30 108,865.30 0.18 0.18 -- 749,127.56 749,127.56 1.00 1.00 1.00 1.00 -- 2.00 2.00 1,268,869.87 1,268,869.87 1,176,525.00 1, 176,525.00 2,445,394.87 2,445,394.87 3, 194,524.43 3,194,524.43 Book Value 10,571.44 1,206.26 2.16 3.16 0.55 0.39 523,131.75 105,346.37 0.00 108,865.30 0.18 749,127.56 1.00 1.00 2.00 1,268,869.87 1,176,525.00 2,445,394.87 3,194,524.43 Page1 Digitally signed hy C L.I c.,,,u arey Date:2022.04.13 11:26:43 -0700' Portfolio TRST AC PM (PRF _PM2) 7.3.11 Report Ver. 7.3.11 Quarterly Report of Investments as of March 31, 2022 Exhibit 2 - Cash held by Bank and Cash by Fund(s) Listing Page 1 of 3 Investments Amount Certificates of Deposit 6,696,000 Bank of New York Mellon - Investment Custodian 360,515,710 Local Agency Investment Fund (L.A.I.F)32,082,818 Local Agency Investment Fund (L.A.I.F) - ARPA 55,517,256 Total - Investments 454,811,784 Cash Held at City Financial Institution(s) and Cash on Hand Amount General Account 12,084,196 General Liability Account 680,045 Housing Account 3,422,918 Workers Compensation Account 1,595,029 Santa Ana Federal Credit Union - Family Self Sufficiency (FSS-Housing) 759,101 Commissary Account 548,487 Flexible Benefit Spending Account 310,933 Property Management Account 34,084 Property Management - Phase 2 Account 1,493 Petty Cash 90,053 Total - Cash Held at City Financial Institution(s) and Cash on Hand 19,526,339 Restricted Cash Amount Signature Bank - Streetlight Project 1,268,870 US Bank - Pension Stability Funds (Section 115 Trust with PARS)523,132 Bank of New York Mellon - Various 120,643 US Bank - Warner Industrial Community 105,346 State of California Condemnation Fund - Right of Way Deposits 1,176,525 US Bank - Gas Tax Bonds 8 Total - Restricted Cash 3,194,524 Total Cash Held City at Financial Institution(s), Cash on Hand and Restricted Cash 477,532,647 Cash by Fund(s) - Total (see below for listing)477,532,647 Fund Fund description Amount 011 GENERAL FUND 71,004,824 012 CANNABIS PUBLIC BENEFIT 22,023,030 016 CASP CERTIFICATION & TRAINING 322,777 020 OTS-TRAFFIC OFFENDER PROGRAM 37,917 021 PRCSA CATV FUND 1,697,200 022 PRCSA FEE & DONATION 943,477 023 INMATE WELFARE FUND 1,722,510 024 PD ATHLETIC ACTIVITIES LEAGUE (109,132) 025 IDB & EZ VOUCHER MONITORING 317,635 026 ASSET FORFEITURE FUND 144,383 027 PARKING FUND 1,168,595 029 SPECIAL GAS TAX 27,958,885 030 PROP 1B BOND ACT OF 2006 153,434 031 AIR QUALITY IMPR. (AB 2766)1,707,810 032 MEASURE M-STREET CONSTRUCTION (6,672,951) 033 NEW TRANSPO SYS IMPR AREA B 573,706 034 NEW TRANSPO SYS IMPR AREA E 1,543,626 035 NEW TRANSPO SYS IMPR AREA F 1,752,417 041 TRANSP SYS IMPR AREA A-2 698,342 042 TRANSPO SYS IMPR AREA B 9,562 048 TRANSPO SYS IMPR AREA C-2 213,572 049 TRANSPO SYS IMPR AREA G 98,439 051 CAPITAL OUTLAY FUND 4,643,593 053 CITY SERVICES 7,270,657 054 SANITARY SEWER CAPITAL 18,617,076 055 SEWER CONNECTION FEE 9,488,970 056 SANITARY SEWER SERVICE 7,433,523 057 FED CLEAN WATER PROTECTION ENT 4,632,348 058 RESIDENTIAL STREET IMPROVEMENT 5,098,675 059 SELECT STREET CONSTRUCTION 18,359,550 060 WATER REVENUE 47,825,436 066 ACQUISITION & CONSTRUCTION 2,474,447 067 REGIONAL TRANSP CENTER 433,038 EXHIBIT 2 Quarterly Report of Investments as of March 31, 2022 Exhibit 2 - Cash held by Bank and Cash by Fund(s) Listing Page 2 of 3 068 SANITATION FUND 7,378,975 069 REFUSE COLLECTION SERVICE 6,442,264 070 EQUIPMENT REPLACEMENT FUND 7,953,467 071 CENTRAL SERVICES 165,763 073 BUILDING MAINT FUND 2,864,778 074 CIVIC CENTER MAINTENANCE (694,099) 075 FLEET MAINTENANCE/STORES 1,156,780 076 STORES & PROPERTY CONTROL (588,435) 078 RETIREMENT SYSTEM 1,844,039 080 LIABILITY AND PROPERTY INS FND 16,283,746 081 EMPLOYEE GROUP INSURANCE 436,693 082 WORKERS COMPENSATION FUND 16,604,235 083 PAYROLL REVOLVING 7,014,528 085 CITY YARD OPERATION 94,782 086 PUB WKS ENG/PROJ MGMT (908,049) 087 PT RETIREMENT FUND 8,702 088 QUALITY SERVICE TRAINING 375,463 089 CA SEISMIC HAZARD PROGRAM 5,436 090 ORANGE CO SANITATION DIST 2&3 731,306 093 BUSINESS IMPROVEMENT DISTRICT 182,620 094 INTEREST AGENCY - 095 POLICE COMMISSARY ACCOUNT 331,988 096 SA TOURISM MARKETING DISTRICT 76,790 097 POLICE SEIZED ASSETS 1,444,557 100 SECTION 457 FIDUCIARY ADMIN 90,737 101 PUB WKS-ADMIN & PLANNING (2,176,633) 103 PMA RETIREE HEALTH INSURANCE 7,768 104 SEIU RETIREE HEALTH INSURANCE 23,813 106 MGMT RETIREE HEALTH INSURANCE 5,703 107 UC RETIREE HEALTH INSURANCE 1,814 109 INFO SYS STRATEGIC PLAN 13,000,828 110 STRONG MOTION INSTRUMENTATION 100,840 120 FIRE FACILITIES FUND 2,542,698 121 SPECIAL REPAIR/DEMOLITION 636,137 122 EMERGENCY & HEALTH GRANTS 5,141,707 123 WORKFORCE INVESTMENT ACT (1,453,714) 124 ORANGE COUNTY SSA GRANTS (61,420) 125 OES UASI (832,444) 127 D.O.J. GRANT FUND (242,862) 128 POLICE BLOCK GRANTS 1,281,852 130 HOME PROGRAM FEDERAL GRANT 2,174,951 131 MISC GRANTS 531 133 HOUSING AUTHORITY-ISSUER FEE 2,746,975 135 COMMUNITY DEV BLOCK GRANT (629,535) 136 HOUSING AUTHORITY-VOUCHER HAP 989,754 137 HOUSING AUTHORITY- MAINSTREAM - 138 HOUSING AUTHORITY-MS 5 1,064,028 139 HOUSING AUTHORITY-NEW CONSTR 136,374 140 HOUSING AUTHORITY-VOUCHER ADM 2,144,227 142 NSP FEDERAL GRANT 1,404,838 143 CALHOME MFGD HSG LOAN 646,635 144 PRISON TO EMPLOYMENT PROGRAM (310,720) 145 RENTAL REHABILITATION GRANT 395,722 147 FEDERAL AID SAFETY PROGRAM (805,776) 148 TRAFFIC SYSTEM MGMT GRANT (9,129,339) 149 WIC ASSESSMENT DIST ST IMPRV 32,765 152 PUBLIC LIBRARY GRANT FUND (6,592) 153 LIBRARY GRANTS 42,388 154 LIBRARY SVCS & TECHNOLOGY ACT 1,375 155 OCJP GRANT 36,355 157 HSG ADMIN CARES ACT COVID-19 544 158 PLANNING GRANTS PROGRAM (202,131) 160 HSG HAP CARES ACT COVID-19 - 161 PRCSA CAPITAL GRANTS (1,278,344) 162 ENERGY CONSERVATION PROGRAM 16,404 164 PUB WKS-WTR QUALITY & CONTROL (3,072,844) 165 OFFICE OF SAFETY GRANT 129,300 166 US DOJ ASSET FORFEITURE FUND 1,139,429 167 US TREASURY ASSET FORFEITURE 139,442 169 RECREATION GRANTS FUND 443,062 170 MS5 HAP CARES ACT COVID-19 (1,062,375) 172 NATL RECREATION TRAILS FND ACT 17,161 175 CARES ACT - CESF - 176 CARES ACT - State - Quarterly Report of Investments as of March 31, 2022 Exhibit 2 - Cash held by Bank and Cash by Fund(s) Listing Page 3 of 3 177 EMERGENCY RENTAL ASSISTANCE PG 7,917,119 178 COVID RELIEF FUND (18,323) 179 GENERAL FIXED ASSETS 529,419 180 ARPA EHV ADMIN FEES 198,516 181 AMERICAN RESCUE PLAN ACT 54,710,984 201 LOCAL DRAINAGE AREA NO 1 133 202 LOCAL DRAINAGE AREA NO 2 1,431 203 LOCAL DRAINAGE AREA NO 3 755,753 204 LOCAL DRAINAGE AREA NO 4 1,057 205 LOCAL DRAINAGE AREA NO 5 600 206 LOCAL DRAINAGE AREA NO 6 881 207 LOCAL DRAINAGE AREA NO 7 194,358 209 LOCAL DRAINAGE AREA NO 9 733 210 LOCAL DRAINAGE AREA NO 10 17,186 211 LOCAL DRAINAGE AREA NO 11 223 212 LOCAL DRAINAGE AREA NO 12 13 213 LOCAL DRAINAGE AREA NO 13 2,700 221 LOCAL DRAINAGE AREA I 1,009,683 222 LOCAL DRAINAGE AREA II 245,093 223 LOCAL DRAINAGE AREA III 419,769 224 LOCAL DRAINAGE AREA IV 411,735 225 LOCAL DRAINAGE AREA V 267,441 226 LOCAL DRAINAGE AREA VI 217,704 301 REC/COMM SVS 6,047 311 RESIDENTIAL DEVELOP DISTRICT 1 2,853,669 312 RESIDENTIAL DEVELOP DISTRICT 2 6,154,042 313 RESIDENTIAL DEVELOP DISTRICT 3 14,107,830 314 RESIDENTIAL DEVELOP DISTRICT 4 615,329 400 POLICE UUT LEASE REVENUE BONDS 3,084,604 403 SCAG GRANTS - 404 COSA 2014 LEASE FINANCING 3,067,315 417 INCLUSIONARY HOUSING FEE 16,487,841 418 CDA - PEEBLER CAPITAL FUND 1,891,322 607 HOUSING AUTHORITY LMIHF 4,771,069 652 2003A SERIES TAX ALLOC BOND - 654 2011A SERIES TAX ALLOC BOND - 655 2018A SERIES TAX ALLOC BOND 11,768 658 2003B SERIES ALLOC BOND - 670 COSA RDA 349,843 671 COSA RDA OBLIGATION RETIREMENT 514,898 980 SAN JUANQUIN TRANS CORRIDOR - 981 EASTERN FOOTHILL TRANS CORRIDO - 991 TRAN SYS IMP AUT C-2 TUSTIN 2,575,261 992 TRAN SYS IMP AUT AREA D-TUSTIN 10,739,079 993 WIC ASSESSMENT DISTRICT 345,434 998 TREASURERS AGENCY COLLECTIONS 30,697 999 Lawson Clearing 8,310 Reconciling Item(s) - Outstanding Checks *3,994,805 Reconciling Item(s) - Bank Direct Deposits*45,541 Reconciling Item(s) - Deposits in Transit*(1,485,398) Reconciling Item(s) - Withdrawals in Transit*2,405,158 Reconciling Item(s) - Various*8,852 Reconciling Item(s) - Various: A difference between C ash held by Financial Institution, Fiscal Agent and Cash on Hand exists when comparing to Cash by Fund due, to reconciling items such as timing of payments; outstanding checks; and deposits in transit