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HomeMy WebLinkAboutItem 11 - Quarterly Report of Investments Finance and Management Services www.santa-ana.org/finance Item # 11 City of Santa Ana 20 Civic Center Plaza, Santa Ana, CA 92701 Staff Report August 17, 2021 TOPIC: Quarterly Report of Investments AGENDA TITLE: Receive and File Quarterly Report of Investments as of June 30, 2021 RECOMMENDED ACTION Receive and file quarterly report of investments as of June 30, 2021. 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 July 26, 2021. 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 June 30, 2021. Quarterly Report of Investments August 17, 2021 Page 2 1 9 5 0 The attached Cash held by Bank and Cash held by Fund(s) Listing (Exhibit 2) is a new 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 June 30, 2021. Type of Investment Amounts Invested $ Portfolio % COSA Policy Limits % State Law Limits % Federal Farm Credit Bank (FFCB)$45,909,210 11.57%None None Federal Home Loan Bank (FHLB)$86,649,608 21.83%None None Federal Home Loan Mortgage Corp. (FHLMC)$52,991,250 13.35%None None Federal National Mortgage Association (FNMA)$72,201,540 18.19%None None Local Agency Investment Fund (LAIF)$74,966,332 18.89%None None Local Agency Investment Fund (LAIF – ARPA)$64,180,407 16.17%None None Sub- Total:$396,898,348 100%None None Cash :$80,921,738 Total:$477,820,086 Restricted Cash In $ Restricted Cash †,$3,057,956 Total $3,057,956 † 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 June 30, 2021. Federal Farm Credit Bank (FFCB) 12% Federal Home Loan Bank (FHLB) 22% Federal Home Loan Mortgage Corp. (FHLMC) 13% Federal National Mortgage Association (FNMA) 18% Local Agency Investment Fund (LAIF) 19% Local Agency Investment Fund (LAIF ARPA) 16% City of Santa Ana Investment Portfolio June 30, 2021 Quarterly Report of Investments August 17, 2021 Page 3 1 9 5 0 The following two tables represent, as of June 30, 2021: (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)0.698% Investments Par Value of Investments YTM % of Portfolio LAIF $74,966,332 0.262%18.89%0.049% LAIF (ARPA)$64,180,407 0.262%16.17%0.042% Federal Agency Securities $257,751,609 0.933%64.94%0.606% $396,898,348 0.698%100.00%0.698% 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 June 30, 2021 Portfolio Summary % of Portfolio Book ValueInvestmentsMarket Value Par Value Days to MaturityTerm YTM/C Local Agency Investment Funds 74,966,332.00 118.89 0.262174,966,332.0074,966,332.00 Cash in Banks 64,180,406.50 116.17 0.262164,180,406.5064,180,406.50 Federal Agency Coupon Securities 257,751,608.58 1,71064.94 0.933401258,240,382.50258,000,000.00 396,898,347.08 100.00%Investments 397,387,121.00397,146,738.50 1,111 261 0.698 Cash (not included in yield calculations)Passbook/Checking 80,921,738.03 1 0.000180,921,738.0380,921,738.03 477,820,085.11Total Cash and Investments 478,308,859.03478,068,476.53 1,111 261 0.698 Current Year June 30 219,006.56 Fiscal Year To Date 3,001,995.54 3,001,995.54 Fiscal Year Ending Average Daily Balance Effective Rate of Return 475,483,356.73 368,705,425.63 0.81%0.56% 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 06/01/2021-06/30/2021 Run Date: 07/22/2021 - 14:08 PM (PRF_PM1) 7.3.0 Report Ver. 7.3.5 EXHIBIT 1 YTM/C 365 Page 1 Par Value Book Value Maturity Date Stated RateMarket Value June 30, 2021 Portfolio Details - Investments Average BalanceIssuer Portfolio Management City of Santa Ana Days to Maturity YTM/C 360CUSIPInvestment # Purchase Date Local Agency Investment Funds 0.262Local Agency Investment FundLAIFCITY 74,966,332.00 74,966,332.00 0.26274,966,332.00 0.258LAIFCITY 1 74,966,332.00 0.25874,966,332.0074,966,332.0074,966,332.00Subtotal and Average 0.262 1 Cash in Banks 0.262Local Agency Investment FundLAIF ARPA 64,180,406.50 64,180,406.50 0.26205/01/2021 64,180,406.50 0.258LAIF ARPA 1 64,180,406.50 0.25864,180,406.5064,180,406.50151,298,749.49Subtotal and Average 0.262 1 Federal Agency Coupon Securities 2.670Federal Farm Credit Bank13868 925,000.00 924,195.25 10/23/20232.65001/29/2019 974,191.50 2.6343133EJ5W5 844 2.619Federal Farm Credit Bank13876 3,000,000.00 2,998,740.00 02/27/20242.61003/04/2019 3,175,170.00 2.5833133EKBW5 971 2.430Federal Farm Credit Bank13884 2,000,000.00 1,975,960.00 05/15/20232.12503/15/2019 2,070,060.00 2.3963133ECPM0 683 1.920Federal Farm Credit Bank13897 1,500,000.00 1,512,465.00 09/05/20232.12506/10/2019 1,558,905.00 1.8943133EKPG5 796 1.420Federal Farm Credit Bank13932 2,500,000.00 2,496,700.00 10/11/20221.37510/11/2019 2,539,650.00 1.4013133EKY91 467 1.606Federal Farm Credit Bank13934 5,000,000.00 5,003,650.00 10/23/20231.62510/23/2019 5,148,000.00 1.5843133EK3M6 844 0.690Federal Farm Credit Bank13974 6,000,000.00 6,000,000.00 07/22/20250.69007/22/2020 5,989,800.00 0.6813133ELX33 21 0.530Federal Farm Credit Bank13988 5,000,000.00 5,000,000.00 09/29/20250.53009/29/2020 4,952,750.00 0.5233133EMBH4 90 0.550Federal Farm Credit Bank13991 5,000,000.00 4,997,500.00 11/03/20250.54011/03/2020 4,916,050.00 0.5433133EMFR8 490 0.800Federal Farm Credit Bank14005 4,000,000.00 4,000,000.00 03/09/20260.80003/09/2021 3,976,080.00 0.7893133EMSU7 616 0.710Federal Farm Credit Bank14006 6,000,000.00 6,000,000.00 04/01/20250.71004/01/2021 6,001,920.00 0.7003133EMUP5 274 0.710Federal Farm Credit Bank14016 5,000,000.00 5,000,000.00 04/21/20250.71004/21/2021 4,988,450.00 0.7003133EMWH1 294 1.980Federal Home Loan Bank13825 3,175,000.00 3,170,488.33 01/10/20221.95001/11/2017 3,206,115.00 1.9533130AAKW7 193 1.815Federal Home Loan Bank13845 5,000,000.00 5,000,000.00 06/27/20221.81506/27/2017 5,081,550.00 1.7903130ABBNS1 361 2.699Federal Home Loan Bank13854 1,500,000.00 1,486,650.00 03/10/20232.50005/31/2018 1,557,915.00 2.6623130ADMX7 617 2.541Federal Home Loan Bank13873 2,000,000.00 1,996,220.00 02/13/20242.50002/27/2019 2,112,720.00 2.5063130AFW94 957 2.380Federal Home Loan Bank13889 3,000,000.00 2,999,250.00 03/08/20242.37504/29/2019 3,164,700.00 2.3483130AB3H7 981 0.580Federal Home Loan Bank13996 4,000,000.00 4,000,000.00 01/28/20260.58001/28/2021 3,944,320.00 0.5723130AKPQ3 211 0.520Federal Home Loan Bank13997 5,000,000.00 5,000,000.00 01/28/20260.52001/28/2021 4,920,500.00 0.5133130AKU53 27 0.500Federal Home Loan Bank13998 6,000,000.00 6,000,000.00 01/28/20260.50001/28/2021 5,910,660.00 0.4933130AKN69 211 0.600Federal Home Loan Bank13999 5,000,000.00 5,000,000.00 02/25/20260.60002/25/2021 4,941,150.00 0.5923130ALA53 239 0.625Federal Home Loan Bank14001 5,000,000.00 5,000,000.00 02/24/20260.62502/24/2021 4,952,250.00 0.6163130ALBM5 54 0.375Federal Home Loan Bank14002 5,000,000.00 5,000,000.00 02/25/20250.37502/25/2021 4,948,350.00 0.3703130ALB52 239 0.500Federal Home Loan Bank14003 4,000,000.00 4,000,000.00 03/10/20250.50003/10/2021 3,986,440.00 0.4933130ALDZ4 71 0.500Federal Home Loan Bank14004 4,000,000.00 4,000,000.00 09/24/20240.50003/24/2021 3,985,400.00 0.4933130ALKN3 85 0.757Federal Home Loan Bank14007 6,000,000.00 5,997,000.00 03/17/20250.65003/29/2021 5,977,980.00 0.7473130ALLP7 78 1.100Federal Home Loan Bank14008 5,000,000.00 5,000,000.00 04/22/20261.10004/22/2021 5,000,850.00 1.0853130ALW67 113 1.100Federal Home Loan Bank14017 5,000,000.00 5,000,000.00 04/30/20261.10004/30/2021 4,993,600.00 1.0853130AM5V0 29 Portfolio COSA CP Run Date: 07/22/2021 - 14:08 PM (PRF_PM2) 7.3.0 Report Ver. 7.3.5 YTM/C 365 Page 2 Par Value Book Value Maturity Date Stated RateMarket Value June 30, 2021 Portfolio Details - Investments Average BalanceIssuer Portfolio Management City of Santa Ana Days to Maturity YTM/C 360CUSIPInvestment # Purchase Date Federal Agency Coupon Securities 1.050Federal Home Loan Bank14024 6,000,000.00 6,000,000.00 06/30/20261.05006/30/2021 5,995,440.00 1.0363130AMYU0 182 1.000Federal Home Loan Bank14025 6,000,000.00 6,000,000.00 03/30/20261.00006/30/2021 6,000,420.00 0.9863130AMYC0 91 0.400Federal Home Loan Bank14026 6,000,000.00 6,000,000.00 06/28/20240.40006/28/2021 5,985,360.00 0.3953130AMSF0 89 1.936Federal Home Loan Mortgage Co.13839 5,000,000.00 4,997,500.00 06/29/20221.92506/29/2017 5,087,150.00 1.9093134GBVA7 363 1.800Federal Home Loan Mortgage Co.13938 3,000,000.00 3,000,000.00 01/16/20251.80001/16/2020 3,001,410.00 1.7753134GUS92 15 0.720Federal Home Loan Mortgage Co.13962 5,000,000.00 4,995,000.00 05/05/20250.70005/05/2020 4,979,000.00 0.7113134GVQX9 1,404 0.767Federal Home Loan Mortgage Co.13964 5,000,000.00 4,998,750.00 05/28/20250.75005/28/2020 5,000,700.00 0.7563134GVVX3 58 0.700Federal Home Loan Mortgage Co.13967 6,000,000.00 6,000,000.00 06/25/20250.70006/25/2020 5,973,900.00 0.6903134GVR26 359 0.650Federal Home Loan Mortgage Co.13968 6,000,000.00 6,000,000.00 06/30/20250.65006/30/2020 5,979,240.00 0.6413134GVT99 364 0.570Federal Home Loan Mortgage Co.13979 6,000,000.00 6,000,000.00 07/15/20240.57007/15/2020 5,996,640.00 0.5623134GV5R5 14 0.500Federal Home Loan Mortgage Co.13987 5,000,000.00 5,000,000.00 09/30/20250.50009/30/2020 4,932,400.00 0.4933134GWUE4 456 0.540Federal Home Loan Mortgage Co.13989 6,000,000.00 6,000,000.00 10/27/20250.54010/27/2020 5,926,320.00 0.5333134GW4Z6 483 0.500Federal Home Loan Mortgage Co.13995 6,000,000.00 6,000,000.00 12/30/20250.50012/30/2020 5,911,800.00 0.4933134GXJL9 182 1.742Federal Nat'l Mtg. Assoc.13820 4,400,000.00 4,301,660.00 08/17/20211.25011/18/2016 4,406,556.00 1.7193135G0N82 47 2.689Federal Nat'l Mtg. Assoc.13850 2,000,000.00 1,971,780.00 01/19/20232.37503/28/2018 2,067,420.00 2.6533135G0T94 567 2.647Federal Nat'l Mtg. Assoc.13856 1,000,000.00 971,950.00 04/05/20221.87505/31/2018 1,013,690.00 2.6113135G0T45 278 2.702Federal Nat'l Mtg. Assoc.13857 1,000,000.00 971,400.00 10/05/20222.00005/31/2018 1,022,950.00 2.6653135G0T78 461 1.664Federal Nat'l Mtg. Assoc.13940 5,000,000.00 4,990,750.00 01/07/20251.62501/15/2020 5,178,150.00 1.6413135G0X24 1,286 1.651Federal Nat'l Mtg. Assoc.13941 5,000,000.00 4,994,000.00 10/15/20241.62501/15/2020 5,179,500.00 1.6293135G0W66 1,202 0.750Federal Nat'l Mtg. Assoc.13965 5,000,000.00 5,000,000.00 06/16/20250.75006/16/2020 5,001,300.00 0.7403136G4WV1 1,446 0.410Federal Nat'l Mtg. Assoc.13971 6,000,000.00 6,000,000.00 07/13/20230.41007/13/2020 6,000,000.00 0.4043136G4YW7 12 0.510Federal Nat'l Mtg. Assoc.13976 8,000,000.00 8,000,000.00 07/28/20250.51007/28/2020 7,917,200.00 0.5033136G4D42 757 0.650Federal Nat'l Mtg. Assoc.13977 6,000,000.00 6,000,000.00 08/14/20250.65008/14/2020 5,972,460.00 0.6413136G4C43 1,505 0.560Federal Nat'l Mtg. Assoc.13978 6,000,000.00 6,000,000.00 08/12/20250.56008/12/2020 5,960,640.00 0.5523136G4G98 407 0.530Federal Nat'l Mtg. Assoc.13990 6,000,000.00 6,000,000.00 10/28/20250.53010/28/2020 5,930,040.00 0.5233136G45Q2 484 0.625Federal Nat'l Mtg. Assoc.13992 5,000,000.00 5,000,000.00 11/25/20250.62511/25/2020 4,957,250.00 0.6163135GA4V0 512 0.600Federal Nat'l Mtg. Assoc.13993 6,000,000.00 6,000,000.00 12/17/20250.60012/17/2020 5,937,540.00 0.5923135GAAN1 169 0.650Federal Nat'l Mtg. Assoc.13994 6,000,000.00 6,000,000.00 12/10/20250.65012/10/2020 5,950,380.00 0.6413135G06J7 71 257,751,608.58 0.921258,240,382.50258,000,000.00249,218,275.25Subtotal and Average 0.933 401 0.688475,483,356.73 397,146,738.50 0.698 261397,387,121.00 396,898,347.08Total and Average Portfolio COSA CP Run Date: 07/22/2021 - 14:08 PM (PRF_PM2) 7.3.0 YTM/C 365 Page 3 Par Value Book Value Stated RateMarket Value June 30, 2021 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 90,072.99 90,072.9903/01/2021 90,072.99 0.000PETTY CASH 1 0.000JP MORGAN CHASE13943 2,631,381.57 2,631,381.5707/01/2020 2,631,381.57 0.000HOUSING 1 0.000JP MORGAN CHASE37983 2,384,761.32 2,384,761.322,384,761.32 0.000WORKERS COMPENS 1 0.000JP MORGAN CHASE38130 4,547,073.91 4,547,073.914,547,073.91 0.000GENERAL LIABILI 1 0.000JP MORGAN CHASE8695 45,948.40 45,948.4007/01/2020 45,948.40 0.000PROPERTY MANAGE 1 0.000JP MORGAN CHASEPROP MGMT 2 3,542.50 3,542.5003/01/2021 3,542.50 0.000PROPERTY MGMT 2 1 0.000JPMorgan Chase0112 322,810.74 322,810.74322,810.74 0.000HEALTHCARE SPEN 1 0.000JPMorgan Chase7962 385,870.66 385,870.66385,870.66 0.000COMMISSARY 1 0.000JPMorgan Chase9500 69,757,975.94 69,757,975.9469,757,975.94 0.000GENERAL ACCOUNT 1 0.000Santa Ana Federal Credit UnionFSS 752,300.00 752,300.00752,300.00 0.000FSS 1 0.00 0.688475,483,356.73 478,068,476.53 0.698 261 1Average Balance 478,308,859.03 477,820,085.11Total Cash and Investments Portfolio COSA CP Run Date: 07/22/2021 - 14:08 PM (PRF_PM2) 7.3.0 CUSIP Investment# Issuer Money Market Accounts X9USDDTPC 80364 Dreyfus Treasury X9USDDTPC 80365 Dreyfus Treasury 9AMMF05B2-80406 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 lNSTL X9USDMOR3 80248 MORGAN STANLEY GOVT JNSTL 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: 07/14/2021 -14:44 CASH/SECURITIES HELD IN TRUST Portfolio Management Portfolio Details -Investments June 30, 2021 Par Value Market Value 10,571.48 10,571.48 1,196.99 1,196.99 0.71 0.71 521,499.37 521,499.37 105,347.70 105,347.70 0.01 0.01 108,843.46 108,843.46 0.60 0.60 747,460.32 747,460.32 1.00 1.00 1.00 1.00 -- 2.00 2.00 1,268,869.87 1,268,869.87 1,041,525.00 1,041,525.00 2,310,394.87 2,310,394.87 3,057,857.19 3,057,857.19 Book Value 10,571.48 1,196.99 0.71 521,499.37 105,347.70 0.01 108,843.46 0.60 747,460.32 1.00 1.00 2.00 1,268,869.87 1,041,525.00 2,310,394.87 3,057,857.19 Page 1 d Digitally signed by Alexan e AlexanderTrinidad T . "d d Date:2021.07.14 r nn1 a 16:34:36-01·00· Portfolio TRST AC PM (PRF_PM2} 7.3.0 Report Ver. 7.3.5 EXHIBIT 1 Quarterly Report of Investments as of June 30, 2021 Exhibit 2 - Cash held by Bank and Cash by Fund(s) Listing Page 1 of 3 Investments Amount Bank of New York Mellon - Investment Custodian 257,751,609 Local Agency Investment Fund (L.A.I.F)74,966,332 Local Agency Investment Fund (L.A.I.F) - ARPA 64,180,407 Total - Investments 396,898,348 Cash Held at City Financial Institution(s) and Cash on Hand Amount General Account 69,757,976 General Liability Account 4,547,074 Housing Account 2,631,382 Workers Compensation Account 2,384,761 Santa Ana Federal Credit Union - Family Self Sufficiency (FSS-Housing) 752,300 Commissary Account 385,871 Flexible Benefit Spending Account 322,811 Property Management Account 45,948 Property Management - Phase 2 Account 3,543 Petty Cash 90,073 Total - Cash Held at City Financial Institution(s) and Cash on Hand 80,921,738 Restricted Cash Amount Signature Bank - Streetlight Project 1,268,870 US Bank - Pension Stability Funds (Section 115 Trust with PARS)521,499 Bank of New York Mellon - Various 108,843 US Bank - Warner Industrial Community 105,347 State of California Condemnation Fund - Right of Way Deposits 1,041,525 US Bank - Gas Tax Bonds 11,772 Total - Restricted Cash 3,057,857 Total Cash Held City at Financial Institution(s), Cash on Hand and Restricted Cash 480,877,943 Cash by Fund(s) - Total (see below for listing)480,877,943 Fund Fund description Amount 011 GENERAL FUND 77,204,717 012 CANNABIS PUBLIC BENEFIT 14,554,130 016 CASP CERTIFICATION & TRAINING 258,556 020 OTS-TRAFFIC OFFENDER PROGRAM 39,924 021 PRCSA CATV FUND 1,248,317 022 PRCSA FEE & DONATION 472,059 023 INMATE WELFARE FUND 1,440,091 024 PD ATHLETIC ACTIVITIES LEAGUE (23,051) 025 IDB & EZ VOUCHER MONITORING 320,842 026 ASSET FORFEITURE FUND 135,183 027 PARKING FUND 5,263 029 SPECIAL GAS TAX 25,613,322 030 PROP 1B BOND ACT OF 2006 152,540 031 AIR QUALITY IMPR. (AB 2766)1,505,984 032 MEASURE M-STREET CONSTRUCTION (1,928,278) 033 NEW TRANSPO SYS IMPR AREA B 541,336 034 NEW TRANSPO SYS IMPR AREA E 1,537,855 035 NEW TRANSPO SYS IMPR AREA F 1,589,409 041 TRANSP SYS IMPR AREA A-2 329,116 042 TRANSPO SYS IMPR AREA B 9,506 048 TRANSPO SYS IMPR AREA C-2 212,328 049 TRANSPO SYS IMPR AREA G 97,865 051 CAPITAL OUTLAY FUND 5,047,103 053 CITY SERVICES 7,388,303 054 SANITARY SEWER CAPITAL 22,367,356 055 SEWER CONNECTION FEE 11,231,005 056 SANITARY SEWER SERVICE 7,050,583 057 FED CLEAN WATER PROTECTION ENT 4,686,368 058 RESIDENTIAL STREET IMPROVEMENT 4,397,821 EXHIBIT 2 Quarterly Report of Investments as of June 30, 2021 Exhibit 2 - Cash held by Bank and Cash by Fund(s) Listing Page 2 of 3 059 SELECT STREET CONSTRUCTION 19,282,167 060 WATER REVENUE 46,712,989 066 ACQUISITION & CONSTRUCTION 2,315,635 067 REGIONAL TRANSP CENTER (1,728,318) 068 SANITATION FUND 7,044,164 069 REFUSE COLLECTION SERVICE 5,615,963 070 EQUIPMENT REPLACEMENT FUND 6,494,638 071 CENTRAL SERVICES (99,658) 073 BUILDING MAINT FUND 1,135,685 074 CIVIC CENTER MAINTENANCE (425,697) 075 FLEET MAINTENANCE/STORES 975,417 076 STORES & PROPERTY CONTROL (555,241) 078 RETIREMENT SYSTEM 969,976 080 LIABILITY AND PROPERTY INS FND 19,425,778 081 EMPLOYEE GROUP INSURANCE (1,178,314) 082 WORKERS COMPENSATION FUND 15,367,082 083 PAYROLL REVOLVING 5,946,667 085 CITY YARD OPERATION 86,139 086 PUB WKS ENG/PROJ MGMT (782,430) 087 PT RETIREMENT FUND 7,193 088 QUALITY SERVICE TRAINING 400,463 089 CA SEISMIC HAZARD PROGRAM 5,733 090 ORANGE CO SANITATION DIST 2&3 748,309 093 BUSINESS IMPROVEMENT DISTRICT 142,057 094 INTEREST AGENCY 209,356 095 POLICE COMMISSARY ACCOUNT 362,944 096 SA TOURISM MARKETING DISTRICT 117,938 100 SECTION 457 FIDUCIARY ADMIN 46,407 101 PUB WKS-ADMIN & PLANNING 2,227,930 103 PMA RETIREE HEALTH INSURANCE 8,140 104 SEIU RETIREE HEALTH INSURANCE 21,369 106 MGMT RETIREE HEALTH INSURANCE 9,230 107 UC RETIREE HEALTH INSURANCE 2,036 109 INFO SYS STRATEGIC PLAN 13,040,608 110 STRONG MOTION INSTRUMENTATION 97,520 120 FIRE FACILITIES FUND 1,583,904 121 SPECIAL REPAIR/DEMOLITION 431,796 122 EMERGENCY & HEALTH GRANTS 7,028,979 123 WORKFORCE INVESTMENT ACT (1,014,023) 124 ORANGE COUNTY SSA GRANTS 398,534 125 OES UASI (556,897) 127 D.O.J. GRANT FUND 94,265 128 POLICE BLOCK GRANTS 1,114,720 130 HOME PROGRAM FEDERAL GRANT 1,176,405 133 HOUSING AUTHORITY-ISSUER FEE 2,731,388 135 COMMUNITY DEV BLOCK GRANT (255,103) 136 HOUSING AUTHORITY-VOUCHER HAP 599,767 137 HOUSING AUTHORITY- MAINSTREAM - 138 HOUSING AUTHORITY-MS 5 675,937 139 HOUSING AUTHORITY-NEW CONSTR 114,186 140 HOUSING AUTHORITY-VOUCHER ADM 2,085,140 142 NSP FEDERAL GRANT 1,319,612 143 CALHOME MFGD HSG LOAN 626,431 144 PRISON TO EMPLOYMENT PROGRAM (416,129) 145 RENTAL REHABILITATION GRANT 393,417 147 FEDERAL AID SAFETY PROGRAM (819,078) 148 TRAFFIC SYSTEM MGMT GRANT (6,274,433) 149 WIC ASSESSMENT DIST ST IMPRV 32,574 152 PUBLIC LIBRARY GRANT FUND 7,548 153 LIBRARY GRANTS 42,388 154 LIBRARY SVCS & TECHNOLOGY ACT 1,375 155 OCJP GRANT 36,355 157 HSG ADMIN CARES ACT COVID-19 (11,577) 158 PLANNING GRANTS PROGRAM (98,977) 160 HSG HAP CARES ACT COVID-19 174 161 PRCSA CAPITAL GRANTS (130,148) 162 ENERGY CONSERVATION PROGRAM 94,545 164 PUB WKS-WTR QUALITY & CONTROL (1,137,455) 165 OFFICE OF SAFETY GRANT 158,705 Quarterly Report of Investments as of June 30, 2021 Exhibit 2 - Cash held by Bank and Cash by Fund(s) Listing Page 3 of 3 166 US DOJ ASSET FORFEITURE FUND 1,387,050 167 US TREASURY ASSET FORFEITURE 138,631 169 RECREATION GRANTS FUND 373,810 170 MS5 HAP CARES ACT COVID-19 (558,258) 172 NATL RECREATION TRAILS FND ACT 17,061 175 CARES ACT - CESF - 176 CARES ACT - State - 177 EMERGENCY RENTAL ASSISTANCE PG 13,086,606 178 COVID RELIEF FUND (83,353) 180 ARPA EHV ADMIN FEES 191,350 181 AMERICAN RESCUE PLAN ACT 64,180,407 201 LOCAL DRAINAGE AREA NO 1 132 202 LOCAL DRAINAGE AREA NO 2 1,422 203 LOCAL DRAINAGE AREA NO 3 751,351 204 LOCAL DRAINAGE AREA NO 4 1,050 205 LOCAL DRAINAGE AREA NO 5 597 206 LOCAL DRAINAGE AREA NO 6 876 207 LOCAL DRAINAGE AREA NO 7 193,226 209 LOCAL DRAINAGE AREA NO 9 729 210 LOCAL DRAINAGE AREA NO 10 17,086 211 LOCAL DRAINAGE AREA NO 11 222 212 LOCAL DRAINAGE AREA NO 12 13 213 LOCAL DRAINAGE AREA NO 13 2,684 221 LOCAL DRAINAGE AREA I 965,010 222 LOCAL DRAINAGE AREA II 225,553 223 LOCAL DRAINAGE AREA III 417,939 224 LOCAL DRAINAGE AREA IV 509,281 225 LOCAL DRAINAGE AREA V 254,185 226 LOCAL DRAINAGE AREA VI 216,436 301 REC/COMM SVS 6,013 311 RESIDENTIAL DEVELOP DISTRICT 1 3,209,325 312 RESIDENTIAL DEVELOP DISTRICT 2 3,725,313 313 RESIDENTIAL DEVELOP DISTRICT 3 11,216,622 314 RESIDENTIAL DEVELOP DISTRICT 4 530,022 400 POLICE UUT LEASE REVENUE BONDS 5,735 403 SCAG GRANTS 750 404 COSA 2014 LEASE FINANCING 74,214 417 INCLUSIONARY HOUSING FEE 10,187,800 418 CDA - PEEBLER CAPITAL FUND 4,647,031 607 HOUSING AUTHORITY LMIHF 3,612,618 652 2003A SERIES TAX ALLOC BOND - 654 2011A SERIES TAX ALLOC BOND - 655 2018A SERIES TAX ALLOC BOND 11,762 658 2003B SERIES ALLOC BOND - 670 COSA RDA 407,940 671 COSA RDA OBLIGATION RETIREMENT 5,706,086 980 SAN JUANQUIN TRANS CORRIDOR - 981 EASTERN FOOTHILL TRANS CORRIDO - 991 TRAN SYS IMP AUT C-2 TUSTIN 2,163,284 992 TRAN SYS IMP AUT AREA D-TUSTIN 11,058,323 993 WIC ASSESSMENT DISTRICT 357,923 998 TREASURERS AGENCY COLLECTIONS 20,262 999 Lawson Clearing (263) Reconciling Item(s) - Outstanding Checks *2,080,751 Reconciling Item(s) - Bank Direct Deposits*102,265 Reconciling Item(s) - Deposits in Transit*(1,813,489) Reconciling Item(s) - Various*(293,188) 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