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2023 04 05 FAC Special Meeting0aiAt(v � GEM of the DESERT — NOTICE AND CALL OF SPECIAL MEETING OF THE LA QUINTA FINANCIAL ADVISORY COMMISSION TO THE MEMBERS OF THE LA QUINTA FINANCIAL ADVISORY COMMISSION AND TO THE COMMISSION SECRETARY: NOTICE IS HEREBY GIVEN that a Special Meeting of the La Quinta Financial Advisory Commission is hereby called to be held on Wednesday, April 5, 2023, starting at 4:00 p.m.; at La Quinta City Hall located at 78495 Calle Tampico, La Quinta, CA 92253 for the following purpose: CONSENT CALENDAR 1. APPROVE SPECIAL MEETING MINUTES DATED FEBRUARY 2, 2023 2. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED DECEMBER 31, 2022 3. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED JANUARY 31, 2023 4. RECEIVE AND FILE SECOND QUARTER FISCAL YEAR 2022/23 TREASURY REPORTS FOR OCTOBER, NOVEMBER, DECEMBER 2022 BUSINESS SESSION 1. RECEIVE AND FILE FISCAL YEAR 2022/23 MID -YEAR BUDGET REPORT STUDY SESSION 1. DISCUSS PROJECTS TO BE INCLUDED IN FISCAL YEARS 2023/24 THROUGH 2O27/28 CAPITAL IMPROVEMENT PROGRAM BUDGET 2. DISCUSS ANNUAL COMMUNITY WORKSHOP 2023 AND 2023/24 BUDGET PROCESS DEPARTMENTAL REPORTS FINANCE DEPARTMENT CURRENT AND FUTURE INITIATIVES Dated: March 30, 2023 Attest: Jessica Delgado, Management Assistant /s/ W. Richard Mills W. Richard Mills, Chairperson DECLARATION OF POSTING I, Jessica Delgado, Management Assistant, do hereby declare that the foregoing notice for the La Quinta Financial Advisory Commission Special Meeting of April 5, 2023, was posted on the outside entry to the Council Chamber at 78495 Calle Tampico, and on the bulletin board at 51321 Avenida Bermudas on March 30, 2023 A. Dated: March 30. 2023 Jessica Delgado, Management Assistant FINANCIAL ADVISORY COMMISSION Page 1 of 1 APRIL 5, 2023 SPECIAL MEETING GFM ofrJif DFs .R,r, Financial Advisory Commission agendas and staff reports are now available on the City's web page: www.laguintaca._gov 'PECIAL MEETINC FINANCIAL ADVISORY COMMISSION AGENDA CITY HALL COUNCIL CHAMBER 78495 Calle Tampico, La Quinta WEDNESDAY, APRIL 5, 2023, AT 4:00 P.M. ****************************** Members of the public may listen to this meeting by tuning -in live via http://Iaguinta.12milesout.com/video/live. CALL TO ORDER Roll Call: Commissioners: Anderson, Batavick, Dorsey, Luettjohann, Mast, Way and Chair Mills PLEDGE OF ALLEGIANCE PUBLIC COMMENTS — INSTRUCTIONS Members of the public may address the Commission on any matter listed or not listed on the agenda as follows: WRITTEN PUBLIC COMMENTS can be provided either in -person during the meeting by submitting 15 copies to the Commission Secretary, it is requested that this takes place prior to the beginning of the meeting; or can be emailed in advance to JDelgado(a)_LaQuintaCA.gov, no later than 12:00 p.m., on the day of the meeting. Written public comments will be distributed to the Commission, made public, and will be incorporated into the public record of the meeting, but will not be read during the meeting unless, upon the request of the Chair, a brief summary of public comments is asked to be reported. If written public comments are emailed, the email subject line must clearly state "Written Comments" and should include: 1) full name, 2) city of residence, and 3) subject matter. FINANCIAL ADVISORY COMMISSION AGENDA Page 1 of 4 APRIL 5, 2023 SPECIAL MEETING VERBAL PUBLIC COMMENTS can be provided in -person during the meeting by completing a "Request to Speak" form and submitting it to the Commission Secretary; it is requested that this takes place prior to the beginning of the meeting. Please limit your comments to three (3) minutes (or approximately 350 words). Members of the public shall be called upon to speak by the Chair. In accordance with City Council Resolution No. 2022-028, a one-time additional speaker time donation of three (3) minutes per individual is permitted; please note that the member of the public donating time must: 1) submit this in writing to the Commission Secretary by completing a "Request to Speak" form noting the name of the person to whom time is being donated to, and 2) be present at the time the speaker provides verbal comments. Verbal public comments are defined as comments provided in the speakers' own voice and may not include video or sound recordings of the speaker or of other individuals or entities, unless permitted by the Chair. Public speakers may elect to use printed presentation materials to aid their comments; 15 copies of such printed materials shall be provided to the Commission Secretary to be disseminated to the Commission, made public, and incorporated into the public record of the meeting; it is requested that the printed materials are provided prior to the beginning of the meeting. There shall be no use of Chamber resources and technology to display visual or audible presentations during public comments, unless permitted by the Chair. All writings or documents, including but not limited to emails and attachments to emails, submitted to the City regarding any item(s) listed or not listed on this agenda are public records. All information in such writings and documents is subject to disclosure as being in the public domain and subject to search and review by electronic means, including but not limited to the City's Internet Web site and any other Internet Web -based platform or other Web -based form of communication. All information in such writings and documents similarly is subject to disclosure pursuant to the California Public Records Act [Government Code § 7920.000 et seq.]. TELECONFERENCE ACCESSIBILITY — INSTRUCTIONS Teleconference accessibility may be triggered in accordance with AB 2449 (Stats. 2022, Ch. 285), codified in the Brown Act (Government Code § 549531, if a member of the Financial Advisory Commission requests to attend and participate in this meeting remotely due to `just cause" or "emergency circumstances," as defined, and only if the request is approved. In such instances, remote public accessibility and participation will be facilitated via Zoom Webinar as detailed at the end of this Agenda. PUBLIC COMMENT ON MATTERS NOT ON THE AGENDA At this time, members of the public may address the Commission on any matter not listed on the agenda pursuant to the "Public Comments — Instructions" listed above. The Commission values your comments; however, in accordance with State law, no action shall be taken on any item not appearing on the agenda unless it is an emergency item authorized by the Brown Act [Government Code § 54954.2(b)]. CONFIRMATION OF AGENDA ANNOUNCEMENTS, PRESENTATIONS AND WRITTEN COMMUNICATIONS — None FINANCIAL ADVISORY COMMISSION AGENDA Page 2 of 4 APRIL 5, 2023 SPECIAL MEETING CONSENT CALENDAR NOTE: Consent Calendar items are routine in nature and can be approved by one motion. 1. APPROVE SPECIAL MEETING MINUTES DATED FEBRUARY 2, 2023 2. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED DECEMBER 31, 2022 3. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED JANUARY 31, 2023 4. RECEIVE AND FILE SECOND QUARTER FISCAL YEAR 2022/23 TREASURY REPORTS FOR OCTOBER, NOVEMBER, AND DECEMBER 2022 BUSINESS SESSION 1. RECEIVE AND FILE FISCAL YEAR 2022/23 MID -YEAR BUDGET REPORT STUDY SESSION 1. DISCUSS PROJECTS TO BE INCLUDED IN FISCAL YEARS 2023/24 THROUGH 2027/28 CAPITAL IMPROVEMENT PROGRAM BUDGET 2. DISCUSS ANNUAL COMMUNITY WORKSHOP 2023 AND 2023/24 BUDGET PROCESS DEPARTMENTAL REPORTS 1. FINANCE DEPARTMENT CURRENT AND FUTURE INITIATIVES COMMISSIONERS' ITEMS ADJOURNMENT The next regular quarterly meeting of the La Quinta Financial Advisory Commission will be held May 10, 2023, commencing at 4:00 p.m. at the La Quinta City Hall Council Chamber, 78495 Calle Tampico, La Quinta, CA 92253. DECLARATION OF POSTING I, Jessica Delgado, Secretary of the Financial Advisory Commission of the City of La Quinta, do hereby declare that the foregoing Agenda for the Commission meeting of April 5, 2023, was posted on the City's website, near the entrance to the Council Chamber at 78495 Calle Tampico, and on the bulletin board at 51321 Avenida Bermudas on March 30, 2023. DATED: March 30, 2023 7 Jessica Delgado, Management Assistant City of La Quinta, California FINANCIAL ADVISORY COMMISSION AGENDA Page 3 of 4 APRIL 5, 2023 SPECIAL MEETING Public Notices The La Quinta City Council Chamber is handicapped accessible. If special equipment is needed for the hearing impaired, please contact Commission Secretary at (760) 777-7150, 24-hours in advance of the meeting and accommodations will be made. • If background material is to be presented to the Commission during a Commission meeting, please be advised that 15 copies of all documents, exhibits, etc., must be supplied to the Commission Secretary for distribution. It is requested that this takes place prior to the beginning of the meeting. *** TELECONFERENCE PROCEDURES — PURSUANT TO AB 2449*** APPLICABLE ONLY WHEN TELECONFERENCE ACCESSIBILITY IS IN EFFECT Verbal public comments via Teleconference — members of the public may attend and participate in this meeting by teleconference via Zoom and use the "raise your hand" feature when public comments are prompted by the Chair; the City will facilitate the ability for a member of the public to be audible to the Commission and general public and allow him/her/they to speak on the item(s) requested. Please note — members of the public must unmute themselves when prompted upon being recognized by the Chair, in order to become audible to the Commission and the public. Only one person at a time may speak by teleconference and only after being recognized by the Chair. ZOOM LINK: https://us06web.zoom.us/m/89839984651 Meeting ID: 898 3998 4651 Or join by phone: (253) 215 — 8782 Written public comments — can be provided in person during the meeting or emailed to idelgado(c�LaQuintaCA.gov any time prior to the adjournment of the meeting, and will be distributed to the Commission, made public, incorporated into the public record of the meeting, and will not be read during the meeting unless, upon the request of the Chair, a brief summary of any public comment is asked to be read, to the extent the Committee can accommodate such request. FINANCIAL ADVISORY COMMISSION AGENDA Page 4 of 4 APRIL 5, 2023 SPECIAL MEETING CONSENT CALENDAR ITEM NO. 1 FINANCIAL ADVISORY COMMISSION SPECIAL MEETINr- MINUTES THURSDAY, FEBRUARY 2, 2023 CALL TO ORDER A special meeting of the La Quinta Financial Advisory Commission (Commission) was called to order at 4:00 p.m. by Chair Mills. PRESENT: Commissioners Anderson, Dorsey, Mast, Way, and Chair Mills ABSENT: Commissioners Luettjohann and Batavick STAFF PRESENT: Finance Director Martinez, Financial Services Analyst Hallick, Account Technician Batuta, and Management Assistant Delgado PLEDGE OF ALLEGIANCE Commissioner Anderson led the audience in the Pledge of Allegiance. PUBLIC COMMENT ON MATTERS NOT ON THE AGENDA — None CONFIRMATION OF AGENDA — Confirmed ANNOUNCEMENTS, PRESENTATIONS, AND WRITTEN COMMUNICATIONS — None CONSENT CALENDAR ITEMS 1. APPROVE SPECIAL MEETING MINUTES DATED DECEMBER 14, 2022 2. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED OCTOBER 31, 2022 3. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED NOVEMBER 30, 2022 Motion — A motion was made and seconded by Commissioners Dorsey/Anderson to approve the Consent Calendar as submitted. Motion passed: ayes — 5, noes — 0, abstain — 0, absent — 2 (Luettjohann and Batavick). BUSINESS SESSION 1. DISCUSS AND APPROVE THE CHANGE FOR THE FINANCIAL ADVISORY COMMISSION'S REGULAR QUARTERLY MEETING START TIME FROM 4:00 P.M. TO 3:00 P.M. FINANCIAL ADVISORY COMMISSION MINUTES Page 1 of 4 FEBRUARY 2, 2023 SPECIAL MEETING Finance Director Martinez presented the staff report, which is on file in the Finance Department. The Commission inquired about changing meeting day as well. Staff said this item can be brought forth to the Commission for further discussion and consideration at a future meeting to include the change of day. The Commission concurred. The Commission reached a consensus to table this item for a future date when both, the change of date and time, for regular Commission meetings can be considered. 2. RECEIVE AND FILE FISCAL YEAR 2021/22 GENERAL FUND YEAR-END BUDGET REPORT AND APPROVE THE AMENDED BUDGET CARRYOVERS Finance Director Martinez presented the staff report, which is on file in the Finance Department. The Commission and staff discussed general fund tax revenues and capital improvement project carryovers for Measure G shown on Exhibit C of staff report. Motion — A motion was made and seconded by Commissioners Way/Dorsey to receive and file fiscal year 2021/22 General Fund year-end budget report. Motion passed: ayes — 5, noes — 0, abstain — 0, absent — 2 (Luettjohann and Batavick). 3. REVIEW RESERVE ANALYSIS REPORT AND GENERAL FUND BALANCE AND RESERVES POLICY AND APPROVE TO RECOMMEND FOR CITY COUNCIL CONSIDERATION Financial Services Analyst Hallick presented the staff report, which is on file in the Finance Department. Chair Mills thanked the Reserves Policy Analysis Report (Report) subcommittee and staff for their work on the Report. The Commission and staff discussed the uses and projected balance for unassigned reserves. Commissioner Anderson, who was on the subcommittee, shared the review process for the Report. Chair Mills asked if the Report would be submitted to the Government of Finance Officers (GFOA) agency for their Exceptionally Well Executed Best Practice Program (Program) as submitted in 2018. Financial Services Analyst Hallick said that staff would check with the GFOA to see if the Report can be submitted for the Program again. Motion — A motion was made and seconded by Commissioners Dorsey/Anderson to recommend the Reserve Analysis report and General Fund Balance and Reserves policy for City Council consideration. Motion passed: ayes — 5, noes — 0, abstain — 0, absent — 2 (Luettjohann and Batavick). FINANCIAL ADVISORY COMMISSION MINUTES Page 2 of 4 FEBRUARY 2, 2023 SPECIAL MEETING 4. APPROVE THE FINANCIAL ADVISORY COMMISSION SUBCOMMITTEE RECOMMENDATIONS ON OUTSTANDING PENSION OBLIGATIONS FOR CITY COUNCIL CONSIDERATION Financial Services Analyst Hallick presented the staff report, which is on file in the Finance Department. Financial Services Analyst Hallick thanked Commissioners Dorsey and Anderson for their assistance on the Commission Subcommittee (Subcommittee) for the City's unfunded pension liability. Mrs. Hallick provided and explained to the Commission a listing of an estimated actuarial report for additional discretionary payments to the City's unfunded pension liability (Handout 1). The Commission and staff discussed the Subcommittee recommendations for additional payments to the City's unfunded pension liability. Motion — A motion was made and seconded by Commissioners Way/Dorsey to approve the Financial Advisory Commission subcommittee recommendations on outstanding pension obligations for City Council consideration. Motion passed: ayes — 5, noes — 0, abstain — 0, absent — 2 (Luettjohann and Batavick). Staff mentioned that the Subcommittees recommendations for the City's unfunded pension liability would be presented for Council consideration at the regular meeting on February 21, 2023. Chair Mills encouraged commissioners to attend the Council meeting if they are able to do so. STUDY SESSION — None DEPARTMENTAL REPORTS All reports are on file in the Finance Department. 1. FINANCE DEPARTMENT CURRENT AND FUTURE INITIATIVES Finance Director Martinez presented the staff report, which is on file in the Finance Department. The Commission and staff discussed items listed on the agenda for the City's 2023 Community Workshop scheduled for February 15. Chair Mills asked if a date was set to review of the City's Annual Comprehensive Financial Report (ACFR) for a better understanding. Finance Director Martinez said that once the fiscal year 2021/22 ACFR was finalized, tentative dates will be sent to the Commission. FINANCIAL ADVISORY COMMISSION MINUTES Page 3 of 4 FEBRUARY 2, 2023 SPECIAL MEETING 2. THIRD QUARTER 2022 (JULY-SEPTEMBER) SALES TAX UPDATE FOR THE CITY OF LA QUINTA Financial Services Analyst Hallick presented the staff report, which is on file in the Finance Department. The Commission and staff discussed the sales tax totals in comparison with 2019 pre - pandemic totals and the year-to-date sales tax collection percentages shown in the chart on last page of the staff report. COMMISSIONERS' ITEMS Commissioner Way asked if the Commissioners should rotate attending Council Meetings in case any questions from Council should arise for the Commission. Chair Mills encouraged all commissioners to attend Council meetings when possible. ADJOURNMENT There being no further business, it was moved by Commissioner Dorsey/Anderson to adjourn this meeting at 5:34 p.m. Motion passed: ayes — 5, noes — 0, abstain — 0, absent — 2 (Luettjohann and Batavick). Respectfully submitted, Jessica Delgado, Management Assistant City of La Quinta, California FINANCIAL ADVISORY COMMISSION MINUTES Page 4 of 4 FEBRUARY 2, 2023 SPECIAL MEETING City of La Quinta CONSENT CALENDAR ITEM NO. 2 FINANCIAL ADVISORY COMMISSION MEETING: April 5, 2023 STAFF REPORT AGENDA TITLE: RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED DECEMBER 31, 2022 RECOMMENDATION Receive and file revenue and expenditure report dated December 31, 2022. EXECUTIVE SUMMARY • Report summarizes the City's year-to-date (YTD) revenues and period expenditures for December 2022 (Attachment 1). • Reports are also reviewed by the City Council. FISCAL IMPACT — None BACKGROUND/ANALYSIS Below is a summary of the column headers used on the Revenue and Expenditure Summary Reports: Original Total Budget — represents revenue and expenditure budgets the Council adopted in June 2022 for fiscal year 2022/23. Current Total Budget — represents original adopted budgets plus any Council approved budget amendments from throughout the year, including carryovers from the prior fiscal year. Period Activitv — represents actual revenues received and expenditures outlaid in the reporting month. Fiscal Activitv — represents actual revenues received and expenditures outlaid YTD. Variance Favorable/(Unfavorable) - represents the dollar difference between YTD collections/expenditures and the current budgeted amount. Percent Used — represents the percentage activity as compared to budget YTD. General Fund (GF) December 2022 Revenues Percent of MTD YTD Budget $7,156,521 $19,909,227 29.14% Comparison to LY Percent of YTD Budget $20,350,321 34.61% All Funds $9,408,695 $33,907,681 19.06% $31,740,953 22.34% December 2022 Expenditures Comparison to LY Percent of Percent of MTD YTD Budget YTD Budget $14,306,236 20.49% General Fund $4,069,174 $17,453,167 17.45% Payroll (GF) $1,005,507 $6,855,961 49.68% $5,188,711 45.80% All Funds $6,201,897 $44,565,946 21.00% $38,682,149 24.31% Top Five Revenue/Income Sources for December General Fund Non -General Fund Property Tax $ 2,278,889 Technology Support Internal Service Fund') $ 556,677 Measure G Sales Tax $ 1,455,913 Facility & Fleet Internal Service Fund(') $ 416,000 Transient Occupancy (Hotel) Tax $ 1,436,154 Insurance Internal Service Fund (') $ 255,000 Sales Tax $ 1,228,968 Developer Impact Fees- Transportation $ 200,727 Fire Service Credit $ 169,372 County Sales Tax Measure A $ 178,016 Ton Five Exaenditures/Outlays for December General Fund Non -General Fund Sheriff Contract (October) $ 1,268,201 Capital Improvement Program - Construction(3) $ 596,340 Liability Insurance & Claims(2) $ 132,250 SilverRock Maintenance $ 208,239 Park Equipment Maintenance(2) $ 112,500 Facility & Fleet Maintenance $ 140,475 Community Experiences $ 82,625 Capital Improvement Program - Prof. Services(4) $ 85,945 Contract Legal Services $ 66,608 Information Technology Management Services $ 82,359 ')Internal Service Funds are used to account for activities involved in rendering services to departments within the City; quarterly journal entries move revenue into these funds. (2)These charges in the General Fund represent quarterly contributions to the Internal Service Funds. (3)CIP Construction: Dune Palms Bridge and Jefferson/Avenue 53 roundabout (4)CIP Professional Services: Consulting expenses associated with multiple ongoing capital improvement projects. The revenue report includes revenues and transfers into funds from other funds (income items). Revenues are not received uniformly throughout the year, resulting in peaks and valleys. For example, large property tax payments are usually received in December and May. Similarly, Redevelopment Property Tax Trust Fund payments are typically received in January and June. Any timing imbalance of revenue receipts versus expenditures is funded from the City's cash flow reserve. The expenditure report includes expenditures and transfers out to other funds. Unlike revenues, expenditures are more likely to be consistent from month to month. However, large debt service payments or CIP expenditures can cause swings. Prepared by: Rosemary Hallick, Financial Services Analyst Approved by: Claudia Martinez, Finance Director Attachment 1: Revenue and Expenditure Report for December 31, 2022 ATTACHMENT 1 w_ For Fiscal: 2022/23 Period Ending: 12/31/2022 Revenue Summary Variance Original Current Period Fiscal Favorable Percent Fund Total Budget Total Budget Activity Activity (Unfavorable) Used 101 - GENERAL FUND 68,321,100 68,321,100 7,156,521 19,909,227 -48,411,873 29.14% 105 - DISASTER RECOVERY FUND 5,003,505 5,003,505 0 4,990,403 -13,102 99.74% 201 - GAS TAX FUND 2,691,011 2,691,011 148,080 707,661 -1,983,350 26.30% 202 - LIBRARY & MUSEUM FUND 2,867,000 2,867,000 394 -4,180 -2,871,180 0.15% 203 - PUBLIC SAFETY FUND (MEASU 2,000 2,000 0 -157 -2,157 7.83% 210 - FEDERAL ASSISTANCE FUND 156,000 156,000 0 169,545 13,545 108.68% 212 - SLESA (COPS) FUND 101,000 101,000 8,333 90,032 -10,968 89.14% 215 - LIGHTING & LANDSCAPING FU 2,483,300 2,483,300 0 28,681 -2,454,619 1.15% 220-QUIMBYFUND 25,000 25,000 0 0 -25,000 0.00% 221 - AB 939 - CALRECYCLE FUND 64,000 64,000 3,568 17,357 -46,643 27.12% 223 - MEASURE A FUND 1,875,000 1,875,000 178,016 493,422 -1,381,578 26.32% 225 - INFRASTRUCTURE FUND 0 0 0 -12 -12 0.00% 226 - EMERGENCY MANAGEMENT F 12,100 12,100 0 0 -12,100 0.00% 227 - STATE HOMELAND SECURITY 1 5,000 5,000 0 4,896 -104 97.92% 230 - CASp FUND, AB 1379 20,200 20,200 1,605 9,364 -10,836 46.36% 231 - SUCCESSOR AGCY PA 1 RORF 0 0 0 4,597 4,597 0.00% 235 - 50 COAST AIR QUALITY FUND 54,400 54,400 12,708 12,681 -41,720 23.31% 237 - SUCCESSOR AGCY PA 1 ADMII` 0 0 0 -116 -116 0.00% 241 - HOUSING AUTHORITY 1,451,500 1,451,500 0 547,386 -904,114 37.71% 243 - RDA LOW -MOD HOUSING FUI` 20,000 20,000 0 -2,155 -22,155 10.77% 247 - ECONOMIC DEVELOPMENT FL 15,000 15,000 6,006 20,966 5,966 139.78% 249 - SA 2011 LOW/MOD BOND FUI 25,000 25,000 0 7,429 -17,571 29.71% 250-TRANSPORTATION DIF FUND 1,020,000 1,020,000 200,727 729,962 -290,038 71.56% 251 - PARKS & REC DIF FUND 501,000 501,000 106,158 378,883 -122,117 75.63% 252 - CIVIC CENTER DIF FUND 301,000 301,000 62,270 222,296 -78,704 73.85% 253 - LIBRARY DEVELOPMENT DIF 75,000 75,000 20,011 71,503 -3,497 95.34% 254 - COMMUNITY & CULTURAL CEI 152,000 152,000 48,188 171,779 19,779 113.01% 255 - STREET FACILITY DIF FUND 10,000 10,000 0 -48 -10,048 0.48% 256 - PARK FACILITY DIF FUND 0 0 0 -4 -4 0.00% 257 - FIRE PROTECTION DIF 101,000 101,000 18,683 66,622 -34,378 65.96% 259 - MAINTENANCE FACILITIES DIF 75,500 75,500 15,699 56,869 -18,631 75.32% 270 - ART IN PUBLIC PLACES FUND 153,000 153,000 17,496 33,883 -119,117 22.15% 275 - LQ PUBLIC SAFETY OFFICER 2,200 2,200 0 -32 -2,232 1.45% 299 - INTEREST ALLOCATION FUND 0 0 0 1,276,916 1,276,916 0.00% 310 - LQ FINANCE AUTHORITY DEBT 1,100 1,100 0 0 -1,100 0.00% 401 - CAPITAL IMPROVEMENT PRO( 13,136,811 79,798,757 60,462 139,255 -79,659,502 0.17% 405 - SA PA 1 CAPITAL IMPRV FUND 1,000 1,000 0 -4 -1,004 0.38% 501 - FACILITY & FLEET REPLACEMEI 1,685,000 1,685,000 416,480 830,256 -854,744 49.27% 502 - INFORMATION TECHNOLOGY 2,256,708 2,256,708 559,789 1,126,961 -1,129,747 49.94% 503 - PARK EQUIP & FACILITY FUND 470,000 470,000 112,500 222,615 -247,385 47.36% 504 - INSURANCE FUND 1,020,400 1,020,400 255,000 509,727 -510,673 49.95% 601 - SILVERROCK RESORT 4,865,453 4,865,453 0 1,103,825 -3,761,628 22.69% 602 - SILVERROCK GOLF RESERVE 79,000 79,000 0 -344 -79,344 0.44% 760 - SUPPLEMENTAL PENSION PLA 5,500 5,500 0 -54 -5,554 0.98% 761 - CERBT OPEB TRUST 10,000 10,000 0 -131,500 -141,500 1,315.00% 762 - PARS PENSION TRUST 100,000 100,000 0 91,286 -8,714 91.29% Report Tota1: 111,213,788 177,875,734 9,408,695 33,907,681 -143,968,054 19.06% Accounts are subject to adjusting entries and audit. The City's Annual Comprehensive Financial Report published annually is the best resource for all final audited numbers. Page 1 of 3 For Fiscal: 2022/23 Period Ending: 12/31/2022 Expenditure Summary Variance Original Current Period Fiscal Favorable Percent Fund Total Budget Total Budget Activity Activity (Unfavorable) Used 101 - GENERAL FUND 64,651,274 99,999,036 4,069,174 17,453,167 82,545,868 17.45% 201 - GAS TAX FUND 2,687,351 3,703,799 222,713 618,488 3,085,311 16.70% 202 - LIBRARY & MUSEUM FUND 1,909,146 4,725,851 56,762 217,001 4,508,851 4.59% 210 - FEDERAL ASSISTANCE FUND 152,600 339,977 1,785 1,785 338,192 0.53% 212 - SLESA (COPS) FUND 100,000 100,000 4,259 16,429 83,571 16.43% 215 - LIGHTING & LANDSCAPING FU 2,465,376 2,465,376 222,357 961,979 1,503,397 39.02% 220-QUIMBYFUND 0 466,967 0 0 466,967 0.00% 221 - AB 939 - CALRECYCLE FUND 150,000 150,000 10,463 70,690 79,310 47.13% 223 - MEASURE A FUND 3,882,000 5,843,145 0 33,703 5,809,442 0.58% 226 - EMERGENCY MANAGEMENT F 12,000 12,000 0 9,750 2,250 81.25% 227 -STATE HOMELAND SECURITY 1 5,000 5,000 0 4,312 688 86.25% 230 - CASp FUND, AB 1379 5,500 5,500 0 0 5,500 0.00% 231 - SUCCESSOR AGCY PA 1 RORF 0 0 0 14,973,153 -14,973,153 0.00% 235 - SO COAST AIR QUALITY FUND 46,500 46,500 1,179 4,302 42,198 9.25% 237 - SUCCESSOR AGCY PA 1 ADMII` 0 0 0 1,600 -1,600 0.00% 241 - HOUSING AUTHORITY 1,712,670 1,712,670 74,533 579,631 1,133,040 33.84% 243 - RDA LOW -MOD HOUSING FUG 250,000 250,000 0 255,000 -5,000 102.00% 244 - HOUSING GRANTS (Multiple) 0 0 0 97,052 -97,052 0.00% 247 - ECONOMIC DEVELOPMENT FL 21,500 21,500 0 1,000 20,500 4.65% 249 - SA 2011 LOW/MOD BOND FUI 20,000 20,000 885 12,290 7,710 61.45% 250-TRANSPORTATION DIF FUND 500,000 1,916,757 0 400,000 1,516,757 20.87% 251 - PARKS & REC DIF FUND 500,000 500,000 0 0 500,000 0.00% 252 - CIVIC CENTER DIF FUND 250,000 250,000 0 0 250,000 0.00% 253 - LIBRARY DEVELOPMENT DIF 15,000 15,000 0 0 15,000 0.00% 254 - COMMUNITY & CULTURAL CEI 0 125,000 0 0 125,000 0.00% 270 - ART IN PUBLIC PLACES FUND 177,000 389,465 15,527 41,358 348,107 10.62% 310 - LQ FINANCE AUTHORITY DEBT 1,100 1,100 0 0 1,100 0.00% 401 - CAPITAL IMPROVEMENT PRO( 13,136,811 78,738,632 748,464 3,833,005 74,905,627 4.87% 501 - FACILITY & FLEET REPLACEMEI 1,608,750 1,740,714 149,492 781,614 959,100 44.90% 502 - INFORMATION TECHNOLOGY 2,258,054 2,258,054 140,802 845,733 1,412,321 37.45% 503 - PARK EQUIP & FACILITY FUND 545,000 545,000 3,564 82,766 462,234 15.19% 504 - INSURANCE FUND 984,100 984,100 0 892,633 91,467 90.71% 601 - SILVERROCK RESORT 4,782,135 4,782,135 479,938 2,341,853 2,440,283 48.97% 760 - SUPPLEMENTAL PENSION PLA 12,850 12,850 0 12,833 17 99.87% 761 - CERBT OPEB TRUST 1,500 1,500 0 390 1,110 25.98% 762 - PARS PENSION TRUST 55,000 55,000 0 22,430 32,570 40.78% Report Total: 102,898,217 212,182,628 6,201,897 44,565,946 167,616,681 21.00% Accounts are subject to adjusting entries and audit. The City's Annual Comprehensive Financial Report published annually is the best resource for all final audited numbers. Page 2 of 3 Fund Descriptions Fund # Name Notes 101 General Fund The primary fund of the City used to account for all revenue and expenditures of the City; a broad range of municipal activities are provided through this fund. Accounts for use of one-time federal funding designed to deliver relief to American workers and aid in 105 Disaster Recovery Fund the economic recovery iin the wake of COVID-19. The American Rescue Plan Act (ARPA) was passed by Congress in 2021 to provide fiscal recovery funds to state and local governments. 201 Gas Tax Fund Gasoline sales tax allocations received from the State which are restricted to street -related expenditures. 202 Library and Museum Fund Revenues from property taxes and related expenditures for library and museum services. 203 Public Safety Fund General Fund Measure G sales tax revenue set aside for public safety expenditures. 210 Federal Assistance Fund Community Development Block Grant (CDBG) received from the federal government and the expenditures of those resources. 212 SLESF (COPS) Fund Supplemental Law Enforcement Services Funds (SLESF) received from the State for law enforcement activities. Also known as Citizen's Option for Public Safety (COPS). 215 Lighting & Landscaping Fund Special assessments levied on real property for city-wide lighting and landscape maintenance/improvements and the expenditures of those resources. 220 Quimby Fund Developer fees received under the provisions of the Quimby Act for park development and improvements. 221 AB939 Fund/Cal Recycle Franchise fees collected from the city waste hauler that are used to reduce waste sent to landfills through recycling efforts. Assembly Bill (AB) 939. 223 Measure A Fund County sales tax allocations which are restricted to street -related expenditures. 224 TUMF Fund Developer -paid Transportation Uniform Mitigation Fees (TUMF) utilized for traffic projects in Riverside Countv. 225 Infrastructure Fund Developer fees for the acquisition, construction or improvement of the City's infrastructure as defined by Resolution 226 Emergency Mgmt. Performance Grant (EMPG) Federal Emergency Management Agency (FEMA) grant for emergency preparedness. 227 State Homeland Security Programs (SHSP) Federal Emergency Management Agency (FEMA) grant for emergency preparedness. 230 CASP Fund, AB1379 / SB1186 Certified Access Specialist (CASp) program fees for ADA Accessibility Improvements; derived from Business License renewals. Assemblv Bill (AB) 1379 and Senate Bill (SB) 1186. Successor Agency (SA) Project Area (PA) 1 Redevelopment Obligation Retirement Fund (RORF) for 231 Successor Agency PA 1 RORF Fund Redevelopment Property Tax Trust Fund (RPTTF) taxes received for debt service payments on recoanized oblioations of the former Redevelopment Aaencv (RDA). 235 SO Coast Air Quality Fund (AB2766, PM10) Contributions from the South Coast Air Quality Management District. Uses are limited to the reduction and control of airborne pollutants. Assembly Bill (AB) 2766. 237 Successor Agency PA 1 Admin Fund Successor Agency (SA) Project Area (PA) 1 for administration of the Recognized Obligation Payment Schedule (ROPS) associated with the former Redevelopment Aaencv (RDA). 241 Housing Authority Activities of the Housing Authority which is to promote and provide quality affordable housing. 243 RDA Low -Moderate Housing Fund Activities of the Housing Authority which is to promote and provide quality affordable housing. Accounts for RDA loan rei)avments (20 /o for Housing) and housing programs,. 244 Housing Grants Activites related Local Early Action Planning (LEAP) and SB2 grants for housing planning and development. 247 Economic Development Fund Proceeds from sale of City -owned land and transfers from General Fund for future economic development. 249 SA 2011 Low/Mod Bond Fund Successor Agency (SA) low/moderate housing fund; 2011 bonds refinanced in 2016. 250 Transportation DIF Fund Developer impact fees collected for specific public improvements - transportation related. 251 Parks & Rec. DIF Fund Developer impact fees collected for specific public improvements - parks and recreation. 252 Civic Center DIF Fund Developer impact fees collected for specific public improvements - Civic Center. 253 Library Development DIF Fund Developer impact fees collected for specific public improvements - library. 254 Community Center DIF Fund Developer impact fees collected for specific public improvements - community center. 255 Street Facility DIF Fund Developer impact fees collected for specific public improvements - streets. 256 Park Facility DIF Fund Developer impact fees collected for specific public improvements - parks. 257 Fire Protection DIF Fund Developer impact fees collected for specific public improvements - fire protection. 259 Maintenance Facilities DIF Fund Developer impact fees collected for specific public improvements - maintenance facilities. 270 Art In Public Places Fund Developer fees collected in lieu of art placement; utilized for acquisition, installation and maintenance of public artworks. 275 LQ Public Safety Officer Fund Annual transfer in from General Fund; distributed to public safety officers disabled or killed in the line of duty. 299 Interest Allocation Fund Interest earned on investments. 310 LQ Finance Authority Debt Service Fund Accounted for the debt service the Financing Authority's outstanding debt and any related reporting reauirements. This bond was fully paid in October 2018. 401 Capital Improvement Program Fund Planning, design, and construction of various capital projects throughout the City. 405 SA PA 1 Capital Improvement Fund Successor Agency (SA) Project Area (PA) 1 bond proceeds restricted by the bond indenture covenants. Used for SilverRock infrastructure improvements. 501 Equipment Replacement Fund Internal Service Fund for vehicles, heavy equipment, and related facilities. 502 Information Technology Fund Internal Service Fund for computer hardware and software and phone systems. 503 Park Equipment & Facility Fund Internal Service Fund for park equipment and facilities. 504 Insurance Fund Internal Service Fund for city-wide insurance coverages. 601 SilverRock Resort Fund Enterprise Fund for activities of the city -owned golf course. 602 SilverRock Golf Reserve Fund Enterprise Fund for golf course reserves for capital improvements. 760 Supplemental Pension Plan (PARS Account) Supplemental pension savings plan for excess retiree benefits to general employees of the City. 761 Other Post Benefit Obligation Trust (OPEB) For retiree medical benefits and unfunded liabilities. 762 Pension Trust Benefit (PARS Account) For all pension -related benefits and unfunded liabilities. Page 3 of 3 CONSENT CALENDAR ITEM NO. 3 City of La Quinta FINANCIAL ADVISORY COMMISSION MEETING April 5, 2023 STAFF REPORT AGENDA TITLE: RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED JANUARY 31, 2023 RECOMMENDATION Receive and file revenue and expenditure report dated January 31, 2023. EXECUTIVE SUMMARY • The report summarizes the City's year-to-date (YTD) revenues and period expenditures for January 2023 (Attachment 1). • These reports are also reviewed by the City Council. FISCAL IMPACT — None BACKGROUND/ANALYSIS Below is a summary of the column headers used on the Revenue and Expenditure Summary Reports: Original Total Budqet — represents revenue and expenditure budgets -Council adopted in June 2022 for fiscal year 2022/23. Current Total Budget — represents original adopted budgets plus any Council approved budget amendments from throughout the year, including carryovers from the prior fiscal year. Period Activity — represents actual revenues received and expenditures outlaid in the reporting month. Fiscal Activity — represents actual revenues received and expenditures outlaid YTD. Variance Favorable/(Unfavorable) - represents the dollar difference between YTD collections/expenditures and the current budgeted amount. Percent Used— represents the percentage activity as compared to budget YTD. January 2023 Revenues Comparison to LY Percent of YTD Percent D YTD Budget YTD of Budget General Fund (GF) $8,043,704 $27,980,061 38.05% $27,361,232 46.53% All Funds $14,798,288 $51,225,634 27.76% $47,385,276 33.35% January 2023 Expenditures Comparison to LY Percent of YTD Percent D YTD Budget YTD of Budget General Fund $2,706,547 $20,773,149 20.06% $17,095,894 24.49% Payroll (GF) $715,769 $7,571,730 54.87% $6,337,476 55.94% All Funds $4,362,279 $50,649,776 22.93% $42,593,600 26.77% Top Five Revenue/Income Sources for Janua General Fund Non -General Fund Property Tax $ 3,383,211 County GovernmentRevenue(l) $ 5,121,270 Transient Occupancy Tax (TOT) $ 1,367,014 Lighting and Landscape District Assessments $ 522,864 Measure G Sales Tax $ 1,236,285 County Sales Tax (Measure A) $ 307,969 Sales Tax $ 1,028,053 Allocated Interest $ 257,908 Fire Service Credit $ 189,244 1 Gas Tax $ 233,949 Ton Five Expenditures/Outlays for Janua General Fund Non -General Fund Sheriff Contract (October/November) $ 1,249,217 Capital Improvement Program - Construction(2) $ 637,740 Visit Greater Palm Springs $ 80,790 SilverRock Maintenance $ 160,449 Parks Landscape Maintenance $ 60,804 Lighting & Landscape Maintenance $ 69,905 Contract Traffic Engineer $ 37,450 Housing Authority Rental Expenses $ 54,922 Auditors $ 33,000 1 Information Technology Management Services $ 45,151 (')Dedicated revenue from the Redevelopment Property Tax Trust Fund for Successor Agency semi-annual debt service obligations. (z)CIP Construction: Moon River Drive pavement rehab; Washington Street ADA improvements; landscape renovations The revenue report includes revenues and transfers into funds from other funds (income items). Revenues are not received uniformly throughout the year, resulting in peaks and valleys. For example, large property tax payments are usually received in December and May. Similarly, Redevelopment Property Tax Trust Fund payments are typically received in January and June. Any timing imbalance of revenue receipts versus expenditures is funded from the City's cash flow reserve. The expenditure report includes expenditures and transfers out to other funds. Unlike revenues, expenditures are more likely to be consistent from month to month. However, large debt service payments or CIP expenditures can cause swings. Prepared by: Rosemary Hallick, Financial Services Analyst Approved by: Claudia Martinez, Finance Director Attachment: 1. Revenue and Expenditure Report for January 31, 2023 ta Qaiifra FINANCE Fund 101 - GENERAL FUND 105 - DISASTER RECOVERY FUND 201 - GAS TAX FUND 202 - LIBRARY & MUSEUM FUND 203 - PUBLIC SAFETY FUND (MEASU 210 - FEDERAL ASSISTANCE FUND 212 - SLESA (COPS) FUND 215 - LIGHTING & LANDSCAPING FU 220-QUIMBYFUND 221 - AB 939 - CALRECYCLE FUND 223 - MEASURE A FUND 225 - INFRASTRUCTURE FUND 226-EMERGENCY MANAGEMENT 227 - STATE HOMELAND SECURITY I 230 - CASp FUND, AB 1379 231 - SUCCESSOR AGCY PA 1 RORF 235 - 50 COAST AIR QUALITY FUND 237 - SUCCESSOR AGCY PA 1 ADMII` 241 - HOUSING AUTHORITY 243 - RDA LOW -MOD HOUSING FUI` 247 - ECONOMIC DEVELOPMENT FL 249 - SA 2011 LOW/MOD BOND FUI 250-TRANSPORTATION DIF FUND 251 - PARKS & REC DIF FUND 252 - CIVIC CENTER DIF FUND 253 - LIBRARY DEVELOPMENT DIF 254 - COMMUNITY & CULTURAL CEI 255 - STREET FACILITY DIF FUND 256 - PARK FACILITY DIF FUND 257 - FIRE PROTECTION DIF 259 - MAINTENANCE FACILITIES DIF 270 - ART IN PUBLIC PLACES FUND 275 - LQ PUBLIC SAFETY OFFICER 299 - INTEREST ALLOCATION FUND 310 - LQ FINANCE AUTHORITY DEBT 401 - CAPITAL IMPROVEMENT PRO( 405 - SA PA 1 CAPITAL IMPRV FUND 501 - FACILITY & FLEET REPLACEMEI 502 - INFORMATION TECHNOLOGY 503 - PARK EQUIP & FACILITY FUND 504 - INSURANCE FUND 601 - SILVERROCK RESORT 602 - SILVERROCK GOLF RESERVE 760 - SUPPLEMENTAL PENSION PLA 761-CERBT OPEB TRUST 762 - PARS PENSION TRUST Report Total: ATTACHMENT For Fiscal: 2022/23 Period Ending: O1/31/2023 Revenue Summary Variance Original Current Period Fiscal Favorable Percent Total Budget Total Budget Activity Activity (Unfavorable) Used 68,321,100 73,544,100 8,043,704 27,980,061 -45,564,039 38.05% 5,003,505 5,003,505 0 4,990,403 -13,102 99.74% 2,691,011 2,691,011 233,949 941,611 -1,749,400 34.99% 2,867,000 2,867,000 453 -3,726 -2,870,726 0.13% 2,000 2,000 0 -157 -2,157 7.83% 156,000 156,000 0 169,545 13,545 108.68% 101,000 101,000 8,333 98,365 -2,635 97.39% 2,483,300 2,483,300 522,864 556,386 -1,926,914 22.41% 25,000 25,000 0 0 -25,000 0.00% 64,000 64,000 7,637 24,994 -39,006 39.05% 1,875,000 1,875,000 307,969 801,391 -1,073,609 42.74% 0 0 0 -12 -12 0.00% 12,100 12,100 0 0 -12,100 0.00% 5,000 5,000 0 4,896 -104 97.92% 20,200 20,200 2,060 11,424 -8,776 56.56% 0 0 5,121,284 5,125,892 5,125,892 0.00% 54,400 54,400 0 12,681 -41,720 23.31% 0 0 0 -116 -116 0.00% 1,451,500 1,451,500 92,418 666,968 -784,532 45.95% 20,000 20,000 0 -2,155 -22,155 10.77% 15,000 15,000 11,456 32,422 17,422 216.15% 25,000 1,412,009 0 18,010 -1,393,999 1.28% 1,020,000 1,020,000 40,783 770,745 -249,255 75.56% 501,000 501,000 14,742 393,625 -107,375 78.57% 301,000 301,000 11,514 233,810 -67,190 77.68% 75,000 75,000 2,779 74,282 -718 99.04% 152,000 152,000 6,692 178,471 26,471 117.42% 10,000 10,000 520 472 -9,528 4.72% 0 0 0 -4 -4 0.00% 101,000 101,000 3,919 70,541 -30,459 69.84% 75,500 75,500 2,191 59,060 -16,440 78.23% 153,000 153,000 7,570 41,453 -111,547 27.09% 2,200 2,200 0 -32 -2,232 1.45% 0 0 257,908 1,843,892 1,843,892 0.00% 1,100 1,100 0 0 -1,100 0.00% 13,136,811 79,240,072 0 1,798,025 -77,442,047 2.27% 1,000 1,000 0 -4 -1,004 0.38% 1,685,000 1,685,000 90,662 920,918 -764,082 54.65% 2,256,708 2,256,708 3,189 1,130,174 -1,126,534 50.08% 470,000 1,103,000 0 222,615 -880,385 20.18% 1,020,400 1,020,400 0 509,727 -510,673 49.95% 4,865,453 4,865,453 3,691 1,694,952 -3,170,501 34.84% 79,000 79,000 0 -344 -79,344 0.44% 5,500 5,500 0 -54 -5,554 0.98% 10,000 10,000 0 -40,509 -50,509 405.09% 100,000 100,000 0 -105,067 -205,067 105.07% 111,213,788 184,560,058 14,798,288 51,225,634 -133,334,424 27.76% Accounts are subject to adjusting entries and audit. The City's Annual Comprehensive Financial Report published annually in December, is the best resource for all final audited numbers. Page 1 of 3 For Fiscal: 2022/23 Period Ending: 01/31/2023 Expenditure Summary Variance Original Current Period Fiscal Favorable Percent Fund Total Budget Total Budget Activity Activity (Unfavorable) Used 101 - GENERAL FUND 64,651,274 103,559,460 2,706,547 20,773,149 82,786,311 20.06% 201 - GAS TAX FUND 2,687,351 3,703,799 48,105 666,593 3,037,206 18.00% 202 - LIBRARY & MUSEUM FUND 1,909,146 4,765,851 18,246 235,559 4,530,292 4.94% 203 - PUBLIC SAFETY FUND (MEASU 0 0 0 7,043 -7,043 0.00% 210 - FEDERAL ASSISTANCE FUND 152,600 339,977 0 1,785 338,192 0.53% 212 - SLESA (COPS) FUND 100,000 100,000 5,062 21,491 78,509 21.49% 215 - LIGHTING & LANDSCAPING FU 2,465,376 2,622,376 169,540 1,131,519 1,490,857 43.15% 220-QUIMBYFUND 0 466,967 0 0 466,967 0.00% 221- AB 939 - CALRECYCLE FUND 150,000 150,000 4,859 75,549 74,451 50.37% 223 - MEASURE A FUND 3,882,000 5,843,145 0 1,083,627 4,759,518 18.55% 226 - EMERGENCY MANAGEMENT F 12,000 12,000 392 10,142 1,858 84.52% 227 - STATE HOMELAND SECURITY 1 5,000 5,000 0 4,312 688 86.25% 230 - CASp FUND, AB 1379 5,500 5,500 0 0 5,500 0.00% 231 - SUCCESSOR AGCY PA 1 RORF 0 0 0 14,973,153 -14,973,153 0.00% 235 - SO COAST AIR QUALITY FUND 46,500 46,500 1,272 5,574 40,926 11.99% 237 - SUCCESSOR AGCY PA 1 ADMII` 0 0 0 1,600 -1,600 0.00% 241 - HOUSING AUTHORITY 1,712,670 1,712,670 88,802 697,172 1,015,498 40.71% 243 - RDA LOW -MOD HOUSING FUG 250,000 305,000 0 255,000 50,000 83.61% 244 - HOUSING GRANTS (Multiple) 0 90,000 0 97,052 -7,052 107.84% 247 - ECONOMIC DEVELOPMENT FL 21,500 21,500 0 1,000 20,500 4.65% 249 - SA 2011 LOW/MOD BOND FUI 20,000 3,644,192 0 12,290 3,631,902 0.34% 250-TRANSPORTATION DIF FUND 500,000 1,916,757 0 400,000 1,516,757 20.87% 251 - PARKS & REC DIF FUND 500,000 500,000 0 0 500,000 0.00% 252 - CIVIC CENTER DIF FUND 250,000 250,000 0 0 250,000 0.00% 253 - LIBRARY DEVELOPMENT DIF 15,000 15,000 0 0 15,000 0.00% 254 - COMMUNITY & CULTURAL CEI 0 125,000 0 0 125,000 0.00% 270- ART INPUBLIC PLACES FUND 177,000 426,165 13,986 55,419 370,746 13.00% 310 - LQ FINANCE AUTHORITY DEBT 1,100 1,100 0 0 1,100 0.00% 401 - CAPITAL IMPROVEMENT PRO( 13,136,811 78,179,947 645,552 4,478,557 73,701,390 5.73% 501 - FACILITY & FLEET REPLACEMEI 1,608,750 2,214,714 49,740 831,353 1,383,360 37.54% 502 - INFORMATION TECHNOLOGY 2,258,054 2,358,054 127,808 973,541 1,384,513 41.29% 503 - PARK EQUIP & FACILITY FUND 545,000 1,618,000 16,353 99,118 1,518,882 6.13% 504 - INSURANCE FUND 984,100 984,100 407 893,040 91,060 90.75% 601 - SILVERROCK RESORT 4,782,135 4,802,135 465,609 2,824,556 1,977,579 58.82% 760 - SUPPLEMENTAL PENSION PLA 12,850 12,850 0 12,833 17 99.87% 761 - CERBT OPEB TRUST 1,500 1,500 0 760 740 50.67% 762 - PARS PENSION TRUST 55,000 55,000 0 26,987 28,013 49.07% Report Total: 102,898,217 220,854,259 4,362,279 50,649,776 170,204,483 22.93% Accounts are subject to adjusting entries and audit. The City's Annual Comprehensive Financial Report published annually in December, is the best resource for all final audited numbers. Page 2 of 3 Fund Descriptions Fund # Name Notes 101 General Fund The primary fund of the City used to account for all revenue and expenditures of the City; a broad range of municipal activities are provided through this fund. 105 Disaster Recovery Fund Accounts for use of one-time federal funding designed to deliver relief to American workers and aid in the economic recovery iin the wake of COVID-19. The American Rescue Plan Act (ARPA) was passed by Congress in 2021 to provide fiscal recovery funds to state and local governments. 201 Gas Tax Fund Gasoline sales tax allocations received from the State which are restricted to street -related expenditures. 202 Library and Museum Fund Revenues from property taxes and related expenditures for library and museum services. 203 Public Safety Fund General Fund Measure G sales tax revenue set aside for public safety expenditures. 210 Federal Assistance Fund Community Development Block Grant (CDBG) received from the federal government and the expenditures of those resources. 212 SLESF (COPS) Fund Supplemental Law Enforcement Services Funds (SLESF) received from the State for law enforcement activities. Also known as Citizen's Option for Public Safety (COPS). 215 Lighting & Landscaping Fund Special assessments levied on real property for city-wide lighting and landscape maintenance/improvements and the expenditures of those resources. 220 Quimby Fund Developer fees received under the provisions of the Quimby Act for park development and improvements. 221 AB939 Fund/Cal Recycle Franchise fees collected from the city waste hauler that are used to reduce waste sent to landfills through recycling efforts. Assembly Bill (AB) 939. 223 Measure A Fund County sales tax allocations which are restricted to street -related expenditures. 224 TUMF Fund Developer -paid Transportation Uniform Mitigation Fees (TUMF) utilized for traffic projects in Riverside County. 225 Infrastructure Fund Developer fees for the acquisition, construction or improvement of the City's infrastructure as defined by Resolution 226 Emergency Mgmt. Performance Grant (EMPG) Federal Emergency Management Agency (FEMA) grant for emergency preparedness. 227 State Homeland Security Programs (SHSP) Federal Emergency Management Agency (FEMA) grant for emergency preparedness. 230 CASP Fund, AB1379 / SB1186 Certified Access Specialist (CASp) program fees for ADA Accessibility Improvements; derived from Business License renewals. Assembly Bill (AB) 1379 and Senate Bill (SB) 1186. 231 Successor Agency PA 1 RORF Fund Successor Agency (SA) Project Area (PA) 1 Redevelopment Obligation Retirement Fund (RORF) for Redevelopment Property Tax Trust Fund (RPTTF) taxes received for debt service payments on recognized obligations of the former Redevelopment Agency (RDA). 235 SO Coast Air Quality Fund (AB2766, PM10) Contributions from the South Coast Air Quality Management District. Uses are limited to the reduction and control of airborne pollutants. Assembly Bill (AB) 2766. 237 Successor Agency PA 1 Admin Fund Successor Agency (SA) Project Area (PA) 1 for administration of the Recognized Obligation Payment Schedule (ROPS) associated with the former Redevelopment Agency (RDA). 241 Housing Authority Activities of the Housinq Authority which is to promote and provide quality affordable housinq. 243 RDA Low -Moderate Housing Fund Activities of the Housing Authority which is to promote and provide quality affordable housing. Accounts for RDA loan repayments (20 /o for Housinq) and housinq proqrams,. 244 Housing Grants Activites related Local Early Action Planning (LEAP) and SB2 grants for housing planning and development. 247 Economic Development Fund Proceeds from sale of City -owned land and transfers from General Fund for future economic development. 249 SA 2011 Low/Mod Bond Fund Successor Agency (SA) low/moderate housing fund; 2011 bonds refinanced in 2016. 250 Transportation DIF Fund Developer impact fees collected for specific public improvements - transportation related. 251 Parks & Rec. DIF Fund Developer impact fees collected for specific public improvements - parks and recreation. 252 Civic Center DIF Fund Developer impact fees collected for specific public improvements - Civic Center. 253 Library Development DIF Fund Developer impact fees collected for specific public improvements - library. 254 Community Center DIF Fund Developer impact fees collected for specific public improvements - community center. 255 Street Facility DIF Fund Developer impact fees collected for specific public improvements - streets. 256 Park Facility DIF Fund Developer impact fees collected for specific public improvements - parks. 257 Fire Protection DIF Fund Developer impact fees collected for specific public improvements - fire protection. 259 Maintenance Facilities DIF Fund Developer impact fees collected for specific public improvements - maintenance facilities. 270 Art In Public Places Fund Developer fees collected in lieu of art placement; utilized for acquisition, installation and maintenance of public artworks. 275 LQ Public Safety Officer Fund Annual transfer in from General Fund; distributed to public safety officers disabled or killed in the line of duty. 299 Interest Allocation Fund Interest earned on investments. 310 LQ Finance Authority Debt Service Fund Accounted for the debt service the Financing Authority's outstanding debt and any related reporting requirements. This bond was fully paid in October 2018. 401 Capital Improvement Program Fund Planning, design, and construction of various capital projects throughout the City. 405 SA PA 1 Capital Improvement Fund Successor Agency (SA) Project Area (PA) 1 bond proceeds restricted by the bond indenture covenants. Used for SilverRock infrastructure improvements. 501 Equipment Replacement Fund Internal Service Fund for vehicles, heavy equipment, and related facilities. 502 Information Technology Fund Internal Service Fund for computer hardware and software and phone systems. 503 Park Equipment & Facility Fund Internal Service Fund for park equipment and facilities. 504 Insurance Fund Internal Service Fund for city-wide insurance coverages. 601 SilverRock Resort Fund Enterprise Fund for activities of the city -owned golf course. 602 SilverRock Golf Reserve Fund Enterprise Fund for golf course reserves for capital improvements. 760 Supplemental Pension Plan (PARS Account) Supplemental pension savings plan for excess retiree benefits to general employees of the City. 761 Other Post Benefit Obligation Trust (OPEB) For retiree medical benefits and unfunded liabilities. 762 Pension Trust Benefit (PARS Account) I For all pension -related benefits and unfunded liabilities. Page 3 of 3 City of La Quinta CONSENT CALENDAR ITEM NO. 4 FINANCIAL ADVISORY COMMISSION MEETING: April 5, 2023 STAFF REPORT AGENDA TITLE: RECEIVE AND FILE SECOND QUARTER FISCAL YEAR 2022/23 TREASURY REPORTS FOR OCTOBER, NOVEMBER, AND DECEMBER 2022 RECOMMENDATION Receive and file the second quarter fiscal year 2022/23 Treasury Reports for October, November, and December 2022. BACKGROUND/ANALYSIS Commentary and Summary of Significant Activity The total book value of the portfolio increased $6.4 million, from $206.0 million at the end of September to $212.4 million at the end of December. The increase reflects operational activity throughout the quarter. The portfolio is within policy limits for investment types and total allocation by type (see chart below), and is also within policy guidelines for investment ratings. Portfolio Allocations Max Investment Type October November December Allowed Bank Accounts 7.04% 7.59% 9.38% 100% Local Agency Investment Fund (LAIF) City 9.11 % 9.04% 8.86% (1) Local Agency Investment Fund (LAIF) Housing 0.98% 0.97% 0.95% (1)(2) Money Market Pool Accounts -CAMP 13.57% 13.52% 13.31 % N/A Federal Agency Coupons 19.12% 19.45% 19.32% 100% Treasury Coupons 25.47% 21.43% 20.99% 100% Treasury Discount Notes 2.38% 5.65% 5.54% 100% Certificates of Deposit (CD's) 15.89% 15.77% 15.47% 30% Corporate Notes 0.90% 0.89% 0.64% 30% Money Market with Fiscal Agent 0.00% 0.00% 0.00% (2) CERBT- OPEB Trust 0.80% 0.80% 0.82% (3) PARS Pension Trust 4.74% 4.90% 4.71 % (3) Total 100% 100% 100% LAIF is subject to maximum dollar amount not a percentage of the portfolio (2) Funds held by fiscal agent and the LAIF Housing funds are governed by bond indentures and not subject to City Investment Policy (3) OPEB and pension trusts are fiduciary accounts and not subject to City Investment Policy The fiscal year annual effective rate of return is 1.55% as of December, which reflects a 25 basis point (bps) increase since September. City staff is continuing to evaluate liquidity needs and reinvesting money in short-term United States treasuries and the California Asset Management Program (CAMP) which are yielding more than the Local Agency Investment Fund (LAIF). Average Days Effective Rate Total Earnings to Maturity of Return YTD October $ 292,654 475 1.39% November $ 306,913 480 1.46% December $ 350,418 476 1.55% Quarter 2 $ 949,985 477 1.47% Throughout the quarter, one (1) agency bond, eleven (11) treasuries, one (1) corporate, and ten (10) CDs matured; two (2) agency bonds, six (6) treasuries, and nine (9) CDs were purchased. There were no sales or calls. Maturities and purchases are listed in detail in the attached report. Other Notes Money market funds with the fiscal agent are bond proceeds subject to bond indentures, not the City's investment policy. Successor Agency (SA) funds cannot be invested long- term; therefore SA funds are only invested in LAIF. Looking Ahead The Treasurer follows a "buy and hold" Investment Policy unless it is fiscally advantageous to actively trade outside of maturity dates. In the short term, the Treasurer will invest in CAMP and LAIF as needed. Longer term investments may include Government Sponsored Enterprise (agencies) securities, U.S. Treasuries, Corporate Notes, and Negotiable Certificates of Deposits. All investments recognize both immediate and long-term cash flow needs, and there is sufficient liquidity in the portfolio to meet expenditure requirements for the next six months. ALTERNATIVES - None Prepared by: Rosemary Hallick, Financial Services Analyst Approved by: Claudia Martinez, Finance Director/City Treasurer Attachment: 1. Treasurer's Report for October1, 2022 to December 31, 2022 ATTACHMENT 1 City of La Quinta City of La Quinta Portfolio Management GEM vftheDESERT -- — Portfolio Summary October 31, 2022 Investments Par Market Book % of Days to YTM Bank Accounts Value Value Value Portfolio Term Maturity 365 Equiv. 14,567,41&.98 14,567,418.98 14r557,41a.96 7.04 1 1 0,000 Local Agency Investment Fund -City 18,832,216.42 18,412,301.09 18,832,216.42 9.11 1 1 1,772 Local Agency lnvstmnt Fund -Housing 2.026.634.04 1,999,753.1s 2,025,634.04 0,98 1 1 1,772 Money Market Accounts - CAMP 28,074.326,46 28,074,326.45 28.074.326.46 13,57 1 1 3,140 Federal Agency Coupon Securities 39,750,000.00 36,215,750.50 39.536.729,09 19.12 1,615 1.058 1.317 Treasury Coupon Securities 53,250,000.00 50,965,615.00 52,687,121.10 25.47 796 562 2.038 Treasury Discount Notes 5.000.000,00 4,930,950,00 4,918,030.42 2.36 181 121 3,365 Certifimeof Deposits 32.860.000.00 31,008,591.10 32,859,377.50 15.89 1,660 772 1.994 Corporate Notes 1,900,000.00 1,824,7&4.00 1,857,560.00 0.90 1.578 418 2.287 Money Market with Fiscal Agent 4,614.03 4,610.03 4.610,03 0.00 1 1 0.000 CERBT- OPEB Trust 1,660,262.83 1,660,262.83 1,660,262.83 0.80 1 1 0.000 PARS Pension Trust 9,808,161.69 %808,1£1.69 9,808,161.69 4,74 1 1 0.000 Investments207,732,630.45 199,472,524.87 206.832,448,66 100.0% 794 475 1.793 Total Earnings Octaber 31 Month Ending Fiscal Year To Date Current Year 292,654-45 1,017,123.13 Average Daily Balance 205,$60,448.98 217,749,643.72 Effective Rate of Return 1.68% 1.39% 1 certify that this report accurately reflects all pooled Investments and is in compliance with the California Government Code and the City Investment Policy. As Treasurer of the City of La Quinta, I hereby certify that sufficient investment liquidity and anticipated revenues are available to meet the City's expenditure requirements for the next six months. The City of La Quint@ used the monthly account statements issued by our finrSrATNtitKions to determine the fair market value of investments at month end. Claudia Martinez, Finan>�ctooWG4y Treasurer Reporting period 1010112022-1013112022 Run Date' 0=6l2023- 14:50 Portfolio CITY CP PM (PRF_PM1) 7.3.0 Report Ver. 7.3.El City of La Quinta Portfolio Management Portfolio Details - Investments October 31, 2022 Page 1 Average Purchase Stated Days to YTM Maturity CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365 Date Bank Accounts SYS1293 1293 Bank of New York 09/01/2020 9,461,545.73 9,461,545.73 9,461,545.73 1 1 0.000 059731851 1228 Bank of the West 08/20/2019 4,001,164.24 4,001,164.24 4,001,164.24 1 1 0.000 SYS1059 1059 City Petty Cash 07/01/2016 3,300.00 3,300.00 3,300.00 1 1 0.000 SYS1318 1318 Dune Palms Mobile Estates 03/09/2021 683,419.46 683,419.46 683,419.46 1 1 0.000 SYS1062 1062 La Quinta Palms Realty 07/01/2016 417,989.55 417,989.55 417,989.55 1 1 0.000 Subtotal and Average 5,207,870.05 14,567,418.98 14,567,418.98 14,567,418.98 1 1 0.000 Local Agency Investment Fund -City 98-33-434 1055 Local Agency Inv Fund 18,832,216.42 18,412,301.09 18,832,216.42 1.772 1 1 1.772 Subtotal and Average 22,659,783.48 18,832,216.42 18,412,301.09 18,832,216.42 1 1 1.772 Local Agency Invstmnt Fund -Housing 25-33-005 1113 Local Agency Inv Fund 2,025,634.04 1,999,753.19 2,025,634.04 1.772 1 1 1.772 Subtotal and Average 2,022,754.48 2,025,634.04 1,999,753.19 2,025,634.04 1 1 1.772 Money Market Accounts - CAMP SYS1153 1153 California Asset Management Pr 09/26/2018 28,074,326.46 28,074,326.46 28,074,326.46 3.140 1 1 3.140 Subtotal and Average 23,819,199.69 28,074,326.46 28,074,326.46 28,074,326.46 1 1 3.140 Federal Agency Coupon Securities 3133EKQP4 1198 Federal Farm Credit Bank 06/20/2019 500,000.00 498,775.00 499,500.00 1.875 1,271 41 1.905 12/12/2022 3133ENBT6 1348 Federal Farm Credit Bank 12/07/2021 1,000,000.00 990,830.00 998,530.00 0.180 414 85 0.310 01/25/2023 3133EMX64 1340 Federal Farm Credit Bank 10/22/2021 500,000.00 489,570.00 499,002.04 0.170 553 178 0.302 04/28/2023 3133EKZK5 1223 Federal Farm Credit Bank 09/12/2019 500,000.00 487,865.00 499,400.00 1.600 1,432 286 1.632 08/14/2023 3133EJYL7 1158 Federal Farm Credit Bank 10/15/2018 250,000.00 246,097.50 247,275.00 2.800 1,786 308 3.041 09/05/2023 3133EK4X1 1234 Federal Farm Credit Bank 11/01/2019 1,000,000.00 969,540.00 996,900.00 1.600 1,461 365 1.680 11/01/2023 3130AFW94 1177 Federal Home Loan Bank 03/01/2019 500,000.00 486,850.00 498,550.00 2.500 1,810 469 2.563 02/13/2024 3133ELNE0 1246 Federal Farm Credit Bank 02/14/2020 1,000,000.00 959,620.00 999,000.00 1.430 1,461 470 1.456 02/14/2024 3133ENYH7 1401 Federal Farm Credit Bank 06/10/2022 500,000.00 484,590.00 499,080.00 2.625 731 587 2.720 06/10/2024 3135GOV75 1206 Federal National Mtg Assn 07/15/2019 500,000.00 477,220.00 495,950.00 1.750 1,814 609 1.922 07/02/2024 3133EKWV4 1212 Federal Farm Credit Bank 08/02/2019 500,000.00 476,100.00 499,500.00 1.850 1,820 633 1.871 07/26/2024 3133EKP75 1224 Federal Farm Credit Bank 09/17/2019 500,000.00 473,825.00 498,750.00 1.600 1,827 686 1.652 09/17/2024 3133ELEA8 1242 Federal Farm Credit Bank 12/17/2019 1,000,000.00 949,390.00 998,600.00 1.700 1,736 686 1.731 09/17/2024 3135G06E8 1291 Federal National Mtg Assn 11/18/2020 500,000.00 457,330.00 499,250.00 0.420 1,461 748 0.458 11/18/2024 3133ENGN4 1355 Federal Farm Credit Bank 12/09/2021 1,000,000.00 923,410.00 1,000,000.00 0.970 1,096 769 0.970 12/09/2024 Portfolio CITY CID Run Date: 03/06/2023 - 14:50 PM (PRF_PM2) 7.3.0 Report Ver. 7.3.6.1 City of La Quinta Portfolio Management Portfolio Details - Investments October 31, 2022 Page 2 Average Purchase Stated Days to YTM Maturity CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365 Date Federal Agency Coupon Securities 3135GAAW1 1300 Federal National Mtg Assn 12/30/2020 500,000.00 454,990.00 500,000.00 0.400 1,461 790 0.400 12/30/2024 3130AP21-18 1353 Federal Home Loan Bank 12/07/2021 1,000,000.00 911,200.00 987,100.00 0.550 1,127 798 0.976 01/07/2025 3130AQWY5 1374 Federal Home Loan Bank 02/25/2022 1,000,000.00 931,220.00 1,000,000.00 1.700 1,095 846 1.700 02/24/2025 3135G031-15 1365 Federal National Mtg Assn 01/28/2022 500,000.00 453,775.00 487,790.00 0.625 1,180 903 1.400 04/22/2025 3134GVYG7 1279 Federal Home Loan Mtg Corp 05/27/2020 1,000,000.00 903,720.00 1,000,000.00 0.625 1,826 938 0.625 05/27/2025 3133ELH23 1280 Federal Farm Credit Bank 06/09/2020 500,000.00 451,215.00 499,850.00 0.500 1,826 951 0.506 06/09/2025 3133ELH80 1282 Federal Farm Credit Bank 06/10/2020 500,000.00 446,920.00 500,000.00 0.680 1,826 952 0.680 06/10/2025 3130AJKW8 1281 Federal Home Loan Bank 06/03/2020 500,000.00 451,335.00 499,850.00 0.500 1,836 955 0.506 06/13/2025 3130AJRP6 1283 Federal Home Loan Bank 06/30/2020 300,000.00 269,052.00 300,000.00 0.680 1,826 972 0.680 06/30/2025 3137EAEU9 1297 Federal Home Loan Mtg Corp 12/07/2020 1,000,000.00 894,990.00 997,300.00 0.375 1,687 993 0.434 07/21/2025 3137EAEU9 1361 Federal Home Loan Mtg Corp 01/05/2022 500,000.00 447,495.00 487,090.00 0.375 1,293 993 1.120 07/21/2025 3135G05S8 1288 Federal National Mtg Assn 08/14/2020 500,000.00 444,970.00 500,000.00 0.500 1,826 1,017 0.500 08/14/2025 3136G4M75 1290 Federal National Mtg Assn 08/28/2020 500,000.00 446,380.00 499,750.00 0.520 1,816 1,021 0.530 08/18/2025 3136G4N74 1289 Federal National Mtg Assn 08/21/2020 1,000,000.00 893,000.00 1,000,000.00 0.560 1,826 1,024 0.560 08/21/2025 3137EAEX3 1307 Federal Home Loan Mtg Corp 02/23/2021 500,000.00 444,645.00 495,999.50 0.375 1,673 1,057 0.552 09/23/2025 3137EAEX3 1310 Federal Home Loan Mtg Corp 03/30/2021 1,000,000.00 889,290.00 983,940.00 0.375 1,638 1,057 0.740 09/23/2025 3130ARGJ4 1385 Federal Home Loan Bank 04/14/2022 500,000.00 468,700.00 500,000.00 2.500 1,279 1,078 2.500 10/14/2025 3134GW5R3 1362 Federal Home Loan Mtg Corp 01/05/2022 400,000.00 355,632.00 391,360.00 0.650 1,391 1,091 1.232 10/27/2025 3135G06G3 1354 Federal National Mtg Assn 12/07/2021 1,000,000.00 888,200.00 976,300.00 0.500 1,431 1,102 1.120 11/07/2025 3135GA2Z3 1292 Federal National Mtg Assn 11/17/2020 500,000.00 441,385.00 499,250.00 0.560 1,826 1,112 0.590 11/17/2025 3130AKFA9 1298 Federal Home Loan Bank 12/07/2020 500,000.00 441,025.00 497,400.00 0.375 1,831 1,137 0.480 12/12/2025 3135GA7137 1299 Federal National Mtg Assn 12/23/2020 500,000.00 440,340.00 500,000.00 0.600 1,826 1,148 0.600 12/23/2025 3134GXGZ1 1301 Federal Home Loan Mtg Corp 12/30/2020 500,000.00 442,120.00 500,000.00 0.550 1,826 1,155 0.550 12/30/2025 3130AKMZ6 1302 Federal Home Loan Bank 01/14/2021 500,000.00 437,330.00 500,000.00 0.510 1,826 1,170 0.510 01/14/2026 313OAKN28 1304 Federal Home Loan Bank 01/29/2021 500,000.00 437,265.00 500,000.00 0.550 1,826 1,185 0.550 01/29/2026 3130ALV92 1312 Federal Home Loan Bank 03/30/2021 500,000.00 446,610.00 500,000.00 1.050 1,826 1,245 0.938 03/30/2026 3130AMFS6 1324 Federal Home Loan Bank 06/17/2021 1,000,000.00 877,830.00 993,420.00 0.750 1,821 1,319 0.885 06/12/2026 3133EM2C5 1330 Federal Farm Credit Bank 08/10/2021 500,000.00 432,230.00 498,000.00 0.710 1,826 1,378 0.792 08/10/2026 3133EM4X7 1338 Federal Farm Credit Bank 09/28/2021 1,000,000.00 869,750.00 991,080.00 0.800 1,808 1,409 0.985 09/10/2026 3130APBM6 1337 Federal Home Loan Bank 09/30/2021 1,000,000.00 868,780.00 999,000.00 1.000 1,826 1,429 1.021 09/30/2026 3130APB46 1339 Federal Home Loan Bank 10/13/2021 1,000,000.00 866,010.00 998,250.00 0.950 1,826 1,442 0.986 10/13/2026 3134GW6C5 1359 Federal Home Loan Mtg Corp 01/05/2022 500,000.00 431,285.00 486,000.00 0.800 1,757 1,457 1.403 10/28/2026 3133ENCQ1 1344 Federal Farm Credit Bank 11/02/2021 1,000,000.00 877,440.00 1,000,000.00 1.270 1,826 1,462 1.270 11/02/2026 3130APTV7 1347 Federal Home Loan Bank 11/24/2021 500,000.00 443,910.00 499,500.00 0.700 1,826 1,484 1.489 11/24/2026 313OAQF65 1358 Federal Home Loan Bank 12/22/2021 1,000,000.00 881,970.00 999,750.00 1.250 1,825 1,511 1.255 12/21/2026 3134GWUQ7 1366 Federal Home Loan Mtg Corp 02/10/2022 1,000,000.00 851,060.00 945,570.00 0.700 1,784 1,520 1.870 12/30/2026 Portfolio CITY CID Run Date: 03/06/2023 - 14:50 PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Portfolio Details - Investments October 31, 2022 Page 3 Average Purchase Stated Days to YTM Maturity CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365 Date Federal Agency Coupon Securities 3130AQJR5 1364 Federal Home Loan Bank 01/27/2022 1,000,000.00 877,920.00 1,000,000.00 1.500 1,826 1,548 1.500 01/27/2027 3130AQSA2 1367 Federal Home Loan Bank 02/10/2022 1,000,000.00 890,010.00 1,000,000.00 1.830 1,826 1,562 1.830 02/10/2027 3130ARGY1 1387 Federal Home Loan Bank 04/19/2022 1,000,000.00 918,990.00 1,000,000.00 2.700 1,826 1,630 2.700 04/19/2027 3130ASDV8 1409 Federal Home Loan Bank 06/28/2022 300,000.00 281,109.00 300,000.00 3.300 1,826 1,700 3.300 06/28/2027 3133ENL99 1426 Federal Farm Credit Bank 09/15/2022 1,000,000.00 958,270.00 997,492.55 3.375 1,826 1,779 3.430 09/15/2027 3133ENQ29 1433 Federal Farm Credit Bank 09/30/2022 1,000,000.00 985,370.00 996,400.00 4.000 1,825 1,793 4.080 09/29/2027 Treasury Coupon Securities 91282CAX9 1403 912828M80 1408 912828M80 1413 91282CBD2 1394 91282CBD2 1402 912828N30 1407 912828N30 1412 9128283U2 1428 91282CBNO 1432 91282CBU4 1349 912828Q29 1431 91282CCD1 1350 91282CCN9 1341 912828T26 1217 91282CBA8 1351 91282CBEO 1342 91282CBR1 1352 91282CBV2 1360 912828XT2 1418 9128282U3 1400 91282CDB4 1343 9128283DO 1390 912828YV6 1241 91282CATB 1311 91282CAZ4 1315 91282CBC4 1303 91282CBH3 1309 Run Date: 03/06/2023 - 14:50 Subtotal and Average 39,536,729.09 39,750,000.00 36,215,750.50 39,536,729.09 1,615 1,058 1.317 U.S. Treasury 06/13/2022 4,000,000.00 3,988,920.00 3,972,031.25 0.125 170 29 1.642 11/30/2022 U.S. Treasury 06/28/2022 3,000,000.00 2,996,070.00 2,996,670.00 2.000 155 29 2.261 11/30/2022 U.S. Treasury 06/30/2022 2,000,000.00 1,997,380.00 1,997,980.00 2.000 153 29 2.240 11/30/2022 U.S. Treasury 06/06/2022 2,000,000.00 1,987,420.00 1,982,265.63 0.125 208 60 1.705 12/31/2022 U.S. Treasury 06/13/2022 3,000,000.00 2,981,130.00 2,972,578.13 0.125 201 60 1.812 12/31/2022 U.S. Treasury 06/28/2022 2,000,000.00 1,993,820.00 1,996,240.00 2.125 186 60 2.501 12/31/2022 U.S. Treasury 06/30/2022 2,000,000.00 1,993,820.00 1,996,680.00 2.125 184 60 2.461 12/31/2022 U.S. Treasury 09/30/2022 3,000,000.00 2,987,010.00 2,988,390.00 2.375 123 91 3.533 01/31/2023 U.S. Treasury 09/30/2022 3,000,000.00 2,960,040.00 2,956,788.66 0.125 151 119 3.630 02/28/2023 U.S. Treasury 12/07/2021 1,000,000.00 982,730.00 996,718.75 0.125 479 150 0.376 03/31/2023 U.S. Treasury 09/30/2022 2,000,000.00 1,977,040.00 1,977,200.00 1.500 182 150 3.824 03/31/2023 U.S. Treasury 12/07/2021 1,000,000.00 974,260.00 995,468.75 0.125 540 211 0.432 05/31/2023 U.S. Treasury 10/22/2021 500,000.00 483,400.00 497,792.97 0.125 647 272 0.375 07/31/2023 U.S. Treasury 08/21/2019 500,000.00 485,760.00 499,300.00 1.375 1,501 333 1.410 09/30/2023 U.S. Treasury 12/07/2021 1,000,000.00 951,130.00 990,000.00 0.125 738 409 0.623 12/15/2023 U.S. Treasury 10/22/2021 1,000,000.00 946,760.00 991,000.00 0.125 815 440 0.531 01/15/2024 U.S. Treasury 12/07/2021 1,000,000.00 941,840.00 989,800.00 0.250 829 500 0.704 03/15/2024 U.S. Treasury 01/05/2022 500,000.00 470,000.00 494,882.81 0.375 831 531 0.830 04/15/2024 U.S. Treasury 05/04/2022 1,000,000.00 959,770.00 985,240.00 2.000 758 577 2.736 05/31/2024 U.S. Treasury 06/09/2022 500,000.00 476,170.00 490,850.00 1.875 814 669 2.727 08/31/2024 U.S. Treasury 10/22/2021 1,000,000.00 927,770.00 996,320.00 0.625 1,089 714 0.750 10/15/2024 U.S. Treasury 05/03/2022 1,000,000.00 956,950.00 985,190.00 2.250 912 730 2.870 10/31/2024 U.S. Treasury 12/16/2019 1,000,000.00 940,310.00 989,687.50 1.500 1,811 760 1.718 11/30/2024 U.S. Treasury 03/30/2021 1,000,000.00 883,280.00 977,500.00 0.250 1,676 1,095 0.750 10/31/2025 U.S. Treasury 04/22/2021 500,000.00 441,915.00 492,187.50 0.375 1,683 1,125 0.720 11/30/2025 U.S. Treasury 01/07/2021 500,000.00 440,860.00 498,632.81 0.375 1,819 1,156 0.431 12/31/2025 U.S. Treasury 02/23/2021 500,000.00 439,005.00 495,100.00 0.375 1,803 1,187 0.577 01/31/2026 Portfolio CITY CID PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Portfolio Details - Investments October 31, 2022 Page 4 Average Purchase Stated Days to YTM Maturity CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365 Date Treasury Coupon Securities 91282CBQ3 1319 U.S. Treasury 05/28/2021 500,000.00 439,530.00 494,165.00 0.500 1,737 1,215 0.750 02/28/2026 91282CBQ3 1382 U.S. Treasury 03/23/2022 750,000.00 659,295.00 698,025.00 0.500 1,438 1,215 2.353 02/28/2026 91282CBT7 1320 U.S. Treasury 05/28/2021 500,000.00 442,245.00 499,525.00 0.750 1,768 1,246 0.770 03/31/2026 91282CBT7 1322 U.S. Treasury 06/17/2021 500,000.00 442,245.00 498,450.00 0.750 1,748 1,246 0.816 03/31/2026 9128286S4 1383 U.S. Treasury 03/23/2022 1,000,000.00 934,880.00 999,010.00 2.375 1,499 1,276 2.400 04/30/2026 91282CCF6 1321 U.S. Treasury 06/01/2021 1,000,000.00 879,690.00 997,060.00 0.750 1,825 1,307 0.810 05/31/2026 91282CCF6 1323 U.S. Treasury 06/17/2021 500,000.00 439,845.00 497,095.00 0.750 1,809 1,307 0.870 05/31/2026 91282CCP4 1335 U.S. Treasury 09/29/2021 1,000,000.00 870,940.00 983,750.00 0.625 1,766 1,368 0.970 07/31/2026 91282CCW9 1336 U.S. Treasury 09/29/2021 1,000,000.00 872,850.00 988,500.00 0.750 1,797 1,399 0.990 08/31/2026 91282CCW9 1380 U.S. Treasury 03/22/2022 500,000.00 436,425.00 466,454.17 0.750 1,623 1,399 2.350 08/31/2026 91282CDG3 1381 U.S. Treasury 03/22/2022 500,000.00 440,940.00 473,396.82 1.125 1,684 1,460 2.350 10/31/2026 912828Z78 1369 U.S. Treasury 02/10/2022 1,000,000.00 890,860.00 986,700.00 1.500 1,816 1,552 1.781 01/31/2027 91282CEF4 1391 U.S. Treasury 05/03/2022 1,000,000.00 927,540.00 976,860.00 2.500 1,793 1,611 3.010 03/31/2027 91282CEN7 1398 U.S. Treasury 06/08/2022 500,000.00 468,380.00 495,000.00 2.750 1,787 1,641 2.971 04/30/2027 912828X88 1397 U.S. Treasury 06/07/2022 1,000,000.00 920,510.00 969,687.50 2.375 1,803 1,656 3.041 05/15/2027 91282CET4 1399 U.S. Treasury 06/08/2022 500,000.00 465,900.00 491,842.18 2.625 1,818 1,672 2.980 05/31/2027 91282CF132 1417 U.S. Treasury 08/15/2022 1,000,000.00 934,490.00 989,460.00 2.750 1,811 1,733 2.980 07/31/2027 91282CF132 1422 U.S. Treasury 08/29/2022 1,000,000.00 934,490.00 979,645.67 2.750 1,797 1,733 3.200 07/31/2027 Subtotal and Average 61,367,027.87 53,250,000.00 50,965,615.00 52,687,121.10 796 562 2.038 Treasury Discount Notes 912796YB9 1423 U.S. Treasury 09/02/2022 3,000,000.00 2,958,570.00 2,951,409.30 3.221 181 121 3.366 03/02/2023 912796YB9 1424 U.S. Treasury 09/02/2022 2,000,000.00 1,972,380.00 1,967,621.12 3.220 181 121 3.365 03/02/2023 Subtotal and Average 4,919,030.42 5,000,000.00 4,930,950.00 4,919,030.42 181 121 3.365 Certificate of Deposits 62384RACO 1099 Mountain America Federal CU 11/08/2017 245,000.00 244,915.37 245,000.00 2.300 1,826 7 2.301 11/08/2022 22766ACB9 1106 CrossFirst Bank 11/20/2017 245,000.00 244,797.89 245,000.00 2.200 1,824 17 2.201 11/18/2022 29367QCP1 1107 Enterprise Bank, NA 11/28/2017 245,000.00 244,676.89 245,000.00 2.150 1,826 27 2.151 11/28/2022 58404DCX7 1169 Medallion Bank 12/07/2018 248,000.00 247,885.26 248,000.00 3.400 1,461 36 3.402 12/07/2022 75701LAB3 1166 Red Rocks Credit Union 12/07/2018 248,000.00 247,872.57 248,000.00 3.350 1,461 36 3.352 12/07/2022 499724AB8 1110 Knoxville TVA Credit Union 12/29/2017 245,000.00 244,420.43 245,000.00 2.400 1,826 58 2.401 12/29/2022 49228XAK6 1239 Kern FCU 12/30/2019 248,000.00 247,197.82 248,000.00 1.900 1,096 59 1.902 12/30/2022 79772FACO 1240 San Francisco FCU 12/30/2019 248,000.00 247,177.26 248,000.00 1.850 1,096 59 1.852 12/30/2022 949495AT2 1244 Wells Fargo Natl Bank West 01/29/2020 248,000.00 246,568.26 248,000.00 1.900 1,097 90 1.900 01/30/2023 81768PAF3 1254 Servisfirst Bank 02/21/2020 248,000.00 245,762.10 248,000.00 1.600 1,096 112 1.601 02/21/2023 Portfolio CITY CID Run Date: 03/06/2023 - 14:50 PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Portfolio Details - Investments October 31, 2022 Page 5 CUSIP Investment # Average Issuer Balance Purchase Date Par Value Market Value Book Value Stated Rate Days to Term Maturity YTM Maturity 365 Date Certificate of Deposits 92535LCD4 1180 Verus Bank of Commerce 02/28/2019 248,000.00 246,525.85 248,000.00 2.700 1,461 119 2.700 02/28/2023 034577AH9 1119 Aneca Federal Credit Union 03/22/2018 245,000.00 243,174.31 245,000.00 2.800 1,826 141 2.802 03/22/2023 66704MEQO 1263 Northstar Bank 03/31/2020 248,000.00 244,207.91 248,000.00 1.150 1,095 150 1.150 03/31/2023 954444BS3 1265 West Michigan Cmnty Bk 03/31/2020 248,000.00 244,207.91 248,000.00 1.150 1,095 150 1.150 03/31/2023 17312QJ26 1123 Citibank NA 04/11/2018 245,000.00 242,898.33 245,000.00 2.900 1,826 161 2.902 04/11/2023 20726ABA5 1189 Congressional Bank 04/30/2019 248,000.00 245,154.42 248,000.00 2.500 1,459 178 2.502 04/28/2023 29278TAY6 1125 EnerBank USA 04/30/2018 240,000.00 237,775.71 240,000.00 2.950 1,824 178 2.952 04/28/2023 32117BCX4 1179 First National Bank 03/05/2019 248,000.00 245,310.25 248,000.00 2.800 1,522 185 2.802 05/05/2023 725404AB3 1194 Pittsfield Cooperative Bank 06/07/2019 245,000.00 241,284.46 245,000.00 2.500 1,461 218 2.502 06/07/2023 619165J136 1173 Morton Community 03/20/2019 248,000.00 244,390.00 248,000.00 2.750 1,553 231 2.753 06/20/2023 74934YAH4 1144 RCB Bank 06/20/2018 245,000.00 242,053.72 245,000.00 3.150 1,826 231 3.152 06/20/2023 02616AAH2 1285 American First CU 06/26/2020 248,000.00 240,436.82 248,000.00 0.350 1,095 237 0.350 06/26/2023 02772JBD1 1205 American National Bank 07/19/2019 248,000.00 242,416.97 248,000.00 2.000 1,461 260 2.001 07/19/2023 32110YLK9 1147 First National Bank of America 07/20/2018 245,000.00 241,471.80 245,000.00 3.150 1,826 261 3.152 07/20/2023 06426KAN8 1151 Bank of New England 07/31/2018 249,000.00 245,232.44 249,000.00 3.250 1,826 272 3.252 07/31/2023 75472RAD3 1218 Raymond James Bank 08/23/2019 244,000.00 237,499.81 244,000.00 1.950 1,461 295 1.951 08/23/2023 89579NCD3 1262 Triad Bank 03/30/2020 248,000.00 239,082.19 248,000.00 1.350 1,278 332 1.352 09/29/2023 57116ARV2 1155 Cache Valley BK F/K/A Marlin 10/17/2018 248,000.00 243,072.76 248,000.00 3.300 1,826 350 3.302 10/17/2023 625925AR3 1160 Municipal Trust and Savings 10/17/2018 245,000.00 239,900.19 245,000.00 3.200 1,826 350 3.202 10/17/2023 90348JEJ5 1161 UBS Bank USA 10/17/2018 245,000.00 240,248.45 245,000.00 3.350 1,826 350 3.352 10/17/2023 474067AQ8 1154 Jefferson Financial CU 10/19/2018 245,000.00 240,266.44 245,000.00 3.350 1,826 352 3.352 10/19/2023 20143PDV9 1162 Commercial Bank 11/15/2018 248,000.00 242,800.57 248,000.00 3.400 1,826 379 3.402 11/15/2023 67054NAN3 1164 Numerica Credit Union 11/28/2018 248,000.00 243,022.05 248,000.00 3.550 1,826 392 3.552 11/28/2023 48115LAD6 1396 Jovia Financial Credit Union 06/07/2022 248,000.00 240,222.80 248,000.00 2.500 548 401 2.502 12/07/2023 635573AL2 1170 National Cooperative Bank, N.A 12/21/2018 245,000.00 239,552.89 245,000.00 3.400 1,826 415 3.402 12/21/2023 066851 WJ1 1172 Bar Harbor Bank and Trust 12/31/2018 248,000.00 242,211.15 248,000.00 3.350 1,824 423 3.352 12/29/2023 89269FDP7 1415 Tradition Capital 07/20/2022 246,000.00 239,092.73 246,000.00 3.000 551 447 3.008 01/22/2024 51210SQU4 1208 Lakeside Bank 07/30/2019 248,000.00 237,865.74 248,000.00 2.000 1,644 454 2.003 01/29/2024 77579ADFO 1251 Rollstone B&T 02/12/2020 245,000.00 233,853.57 245,000.00 1.650 1,461 468 1.651 02/12/2024 66736ABP3 1181 Northwest Bank 02/13/2019 248,000.00 240,657.29 248,000.00 2.950 1,826 469 2.951 02/13/2024 949763XY7 1174 Wells Fargo 02/27/2019 248,000.00 240,607.37 248,000.00 3.000 1,826 483 3.001 02/27/2024 50625LAW3 1384 Lafayette FCU 03/30/2022 248,000.00 237,096.40 248,000.00 2.050 729 513 2.053 03/28/2024 882213AB7 1260 Texas Bank Financial 03/31/2020 245,000.00 231,166.06 245,000.00 1.100 1,458 513 1.101 03/28/2024 472382AQ3 1272 The Jefferson Bank 04/15/2020 248,000.00 234,080.94 248,000.00 1.250 1,461 531 1.251 04/15/2024 08016PDQ9 1270 Belmont Bank and Trust 04/16/2020 248,000.00 234,055.77 248,000.00 1.250 1,461 532 1.251 04/16/2024 69506YRH4 1269 Pacific Western Bank 04/16/2020 245,000.00 231,533.36 245,000.00 1.300 1,461 532 1.301 04/16/2024 Portfolio CITY CID Run Date: 03/06/2023 - 14:50 PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Portfolio Details - Investments October 31, 2022 Page 6 CUSIP Investment # Average Issuer Balance Purchase Date Par Value Market Value Book Value Stated Rate Days to Term Maturity YTM 365 Maturity Date Certificate of Deposits 56065GAG3 1188 Main Street Bank 04/26/2019 248,000.00 238,651.07 248,000.00 2.600 1,827 542 2.603 04/26/2024 33640VDD7 1231 First Service Bank 11/15/2019 248,000.00 235,170.28 248,000.00 1.700 1,643 561 1.701 05/15/2024 48128HXU7 1185 JP Morgan Chase 05/16/2019 245,000.00 238,022.54 245,000.00 3.250 1,827 562 3.254 05/16/2024 46256YAZ2 1186 Iowa State Bank 05/23/2019 245,000.00 234,847.20 245,000.00 2.400 1,827 569 2.403 05/23/2024 538036GVO 1238 Live Oak Bank 11/27/2019 248,000.00 235,265.50 248,000.00 1.800 1,644 574 1.802 05/28/2024 156634AK3 1184 Century Next Bank 05/29/2019 248,000.00 237,904.87 248,000.00 2.500 1,827 575 2.503 05/29/2024 72651LCL6 1195 Plains Commerce Bank 06/07/2019 245,000.00 235,331.08 245,000.00 2.550 1,827 584 2.553 06/07/2024 299547AQ2 1196 Liberty FCU F/K/A Evansville T 06/12/2019 248,000.00 238,244.56 248,000.00 2.600 1,827 589 2.603 06/12/2024 524661CB9 1197 Legacy Bank 06/19/2019 248,000.00 237,346.64 248,000.00 2.400 1,827 596 2.403 06/19/2024 176688CP2 1199 Citizens State Bank 06/21/2019 248,000.00 237,312.51 248,000.00 2.400 1,827 598 2.403 06/21/2024 20416TAQ5 1202 Communitywide FCU 06/28/2019 248,000.00 236,594.56 248,000.00 2.250 1,827 605 2.253 06/28/2024 761402BY1 1203 Revere Bank 06/28/2019 247,000.00 235,928.07 247,000.00 2.300 1,827 605 2.303 06/28/2024 00257TBD7 1207 Abacus Federal Savings 07/26/2019 248,000.00 235,038.72 248,000.00 1.950 1,827 633 1.952 07/26/2024 33625CCP2 1209 First Security Bank of WA 07/30/2019 248,000.00 235,170.64 248,000.00 2.000 1,827 637 2.002 07/30/2024 710571DS6 1210 People's Bank 07/31/2019 248,000.00 235,351.75 248,000.00 2.000 1,827 638 2.002 07/31/2024 740367HP5 1213 Preferred Bank 08/16/2019 249,000.00 235,996.24 249,000.00 2.000 1,827 654 2.002 08/16/2024 33766LAJ7 1216 FirsTier Bank 08/23/2019 249,000.00 235,645.48 249,000.00 1.950 1,827 661 1.952 08/23/2024 938828BH2 1215 Washington Federal 08/23/2019 248,000.00 234,916.50 248,000.00 2.000 1,827 661 2.002 08/23/2024 336460CX6 1222 First State Bk DeQueen 08/30/2019 248,000.00 233,906.63 248,000.00 1.800 1,827 668 1.802 08/30/2024 334342CD2 1221 First Natl Bk of Syracuse 08/30/2019 249,000.00 235,070.27 249,000.00 1.850 1,827 668 1.852 08/30/2024 15118RRH2 1220 Celtic Bank 08/30/2019 248,000.00 234,126.22 248,000.00 1.850 1,827 668 1.852 08/30/2024 05580AD50 1333 BMW Bank 09/10/2021 245,000.00 226,169.46 245,000.00 0.650 1,096 679 0.651 09/10/2024 06652CHBO 1227 BankWest Inc 09/27/2019 248,000.00 233,104.50 248,000.00 1.700 1,827 696 1.702 09/27/2024 84223QAN7 1286 Southern Bancorp Bk 06/26/2020 248,000.00 227,060.38 248,000.00 0.500 1,582 724 0.500 10/25/2024 804375DL4 1235 Sauk Valley B&T Co 11/07/2019 248,000.00 232,724.28 248,000.00 1.700 1,827 737 1.702 11/07/2024 61690UNX4 1237 Morgan Stanley Bank 11/20/2019 245,000.00 230,995.75 245,000.00 1.950 1,827 750 1.952 11/20/2024 61760A3133 1236 Morgan Stanley Private Bk, NA 11/20/2019 245,000.00 230,755.63 245,000.00 1.900 1,827 750 1.902 11/20/2024 064520BG3 1287 Bank Princeton 06/30/2020 248,000.00 225,608.31 248,000.00 0.500 1,644 790 0.500 12/30/2024 89388CEYO 1328 Transportation Alliance Bk TAB 07/23/2021 248,000.00 224,545.15 248,000.00 0.400 1,280 814 0.401 01/23/2025 06417NZQ9 1329 Bank OZK 07/29/2021 248,000.00 224,382.04 248,000.00 0.400 1,280 820 0.401 01/29/2025 90983WBT7 1249 United Community 02/07/2020 248,000.00 231,008.09 248,000.00 1.650 1,827 829 1.652 02/07/2025 32114VBT3 1250 First National Bank Michigan 02/14/2020 248,000.00 230,872.42 248,000.00 1.650 1,827 836 1.652 02/14/2025 35637RDC8 1248 Freedom Financial 02/14/2020 248,000.00 230,327.86 248,000.00 1.550 1,827 836 1.552 02/14/2025 029728BC5 1255 American State 02/21/2020 248,000.00 230,462.72 248,000.00 1.600 1,827 843 1.602 02/21/2025 17286TAGO 1252 Citadel FCU 02/27/2020 248,000.00 230,621.53 248,000.00 1.650 1,827 849 1.652 02/27/2025 00435JBH5 1256 Access Bank 03/13/2020 248,000.00 230,189.09 248,000.00 1.600 1,826 863 1.601 03/13/2025 Portfolio CITY CID Run Date: 03/06/2023 - 14:50 PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Portfolio Details - Investments October 31, 2022 Page 7 CUSIP Investment # Average Issuer Balance Purchase Date Par Value Market Value Book Value Stated Rate Days to Term Maturity YTM 365 Maturity Date Certificate of Deposits 849430BF9 1257 Spring Bank 03/20/2020 248,000.00 229,487.41 248,000.00 1.500 1,826 870 1.501 03/20/2025 05465DAE8 1258 Axos Bank 03/26/2020 248,000.00 230,221.29 248,000.00 1.650 1,826 876 1.651 03/26/2025 020080BX4 1267 Alma Bank 03/30/2020 248,000.00 228,756.96 248,000.00 1.400 1,824 878 1.399 03/28/2025 2027506M2 1268 Commonwealth Business Bk 03/31/2020 248,000.00 227,962.69 248,000.00 1.250 1,826 881 1.251 03/31/2025 654062JZ2 1266 Nicolet Natl Bank 03/31/2020 248,000.00 228,821.44 248,000.00 1.400 1,826 881 1.401 03/31/2025 14042TDD6 1271 Capital One USA FDIC33954 04/08/2020 245,000.00 227,189.97 245,000.00 1.600 1,826 889 1.601 04/08/2025 02007GPX5 1388 Ally Bank Midvale 04/21/2022 245,000.00 232,391.53 245,000.00 2.550 1,096 902 2.550 04/21/2025 52168UHY1 1389 Leader Bank 04/22/2022 245,000.00 232,378.89 245,000.00 2.550 1,096 903 2.552 04/22/2025 32112UDR9 1274 First Natl Bk McGregor 04/28/2020 248,000.00 227,953.32 248,000.00 1.350 1,826 909 1.351 04/28/2025 32027BALl 1273 First Freedom Bank 04/29/2020 249,000.00 227,962.85 249,000.00 1.200 1,826 910 1.201 04/29/2025 33847E3A3 1276 Flagstar 04/30/2020 248,000.00 227,513.27 248,000.00 1.250 1,826 911 1.251 04/30/2025 32056GDJ6 1278 1st Internet Bank 05/11/2020 248,000.00 225,694.71 248,000.00 1.000 1,827 923 0.985 05/12/2025 95960NKD8 1277 Western State Bank 05/13/2020 245,000.00 223,141.25 245,000.00 1.000 1,826 924 1.001 05/13/2025 254673E69 1392 Discover Bank Greenwood DE CF 05/24/2022 245,000.00 235,306.48 245,000.00 3.100 1,099 938 3.103 05/27/2025 169894AS1 1284 Chippewa Valley Bk 06/24/2020 248,000.00 222,359.24 248,000.00 0.600 1,826 966 0.600 06/24/2025 307811 DF3 1363 Farmers & Merch 01/14/2022 249,000.00 224,807.88 249,000.00 0.900 1,277 986 0.900 07/14/2025 70962LAF9 1331 Pentagon FCU 09/01/2021 249,000.00 222,608.14 249,000.00 0.700 1,462 1,036 0.687 09/02/2025 914242AAO 1429 University Credit Union 09/26/2022 248,000.00 243,648.93 248,000.00 4.000 1,096 1,060 3.891 09/26/2025 51507LCC6 1305 Landmark Community Bank 01/22/2021 248,000.00 217,394.99 248,000.00 0.500 1,826 1,178 0.500 01/22/2026 84229LBA9 1434 Southern Bank 10/28/2022 244,000.00 241,681.21 244,000.00 4.250 1,188 1,184 4.254 01/28/2026 87270LDL4 1306 TIAA FKA EverBank 02/12/2021 245,000.00 214,625.89 245,000.00 0.500 1,826 1,199 0.500 02/12/2026 64034KAZ4 1376 Nelnet Bank 03/02/2022 245,000.00 224,185.09 245,000.00 1.800 1,461 1,217 1.801 03/02/2026 39573LBC1 1313 Greenstate FCU 04/16/2021 249,000.00 220,210.65 249,000.00 0.950 1,826 1,262 0.951 04/16/2026 89235MKY6 1314 Toyota Financial Savings Bank 04/22/2021 245,000.00 216,398.26 245,000.00 0.900 1,826 1,268 0.900 04/22/2026 14622LAAO 1316 Carter FCU 04/27/2021 248,000.00 217,477.00 248,000.00 0.750 1,826 1,273 0.750 04/27/2026 31617CAV5 1317 Fidelity Homestead 04/30/2021 248,000.00 217,005.22 248,000.00 0.700 1,826 1,276 0.711 04/30/2026 501798RP9 1356 LCA Bank Corp 12/27/2021 248,000.00 218,735.90 248,000.00 1.000 1,642 1,333 1.000 06/26/2026 92559TAJ7 1325 Vibrant Credit Union 07/02/2021 249,000.00 217,594.95 248,377.50 0.800 1,824 1,337 0.852 06/30/2026 38149MXK4 1326 Goldman Sachs 07/28/2021 248,000.00 218,200.30 248,000.00 1.000 1,826 1,365 1.001 07/28/2026 795451AFO 1327 Sallie Mae Bank Salt Lake City 07/28/2021 248,000.00 218,200.30 248,000.00 1.000 1,826 1,365 1.001 07/28/2026 87165ET98 1332 Synchrony Bank Retail 09/03/2021 245,000.00 214,199.70 245,000.00 0.900 1,826 1,402 0.900 09/03/2026 20786ADL6 1334 Connect One 09/24/2021 248,000.00 215,241.32 248,000.00 0.800 1,826 1,423 0.800 09/24/2026 59013KPNO 1345 Merrick Bank 11/09/2021 249,000.00 218,175.65 249,000.00 1.100 1,826 1,469 1.101 11/09/2026 14042RQBO 1346 Capital One Natl Assn FDIC4297 11/17/2021 248,000.00 217,400.61 248,000.00 1.100 1,826 1,477 1.101 11/17/2026 20825WAR1 1357 Connexus CU 12/23/2021 249,000.00 218,856.07 249,000.00 1.250 1,826 1,513 1.250 12/23/2026 89786MAF1 1368 True Sky FCU 02/04/2022 245,000.00 218,314.28 245,000.00 1.600 1,826 1,556 1.601 02/04/2027 Portfolio CITY CID Run Date: 03/06/2023 - 14:50 PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Page Portfolio Details - Investments October 31, 2022 Average Purchase Stated Days to YTM Maturity CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365 Date Certificate of Deposits 02357QAQO 1372 Amerant Bank 02/14/2022 245,000.00 218,128.18 245,000.00 1.600 1,828 1,568 1.601 02/16/2027 07371AYE7 1370 Beal Bank TX 02/23/2022 245,000.00 220,999.62 245,000.00 1.900 1,820 1,569 1.901 02/17/2027 073710E88 1371 Beal Bank USA 02/23/2022 245,000.00 220,999.62 245,000.00 1.900 1,820 1,569 1.901 02/17/2027 59161YAP1 1373 Metro Credit Union 02/18/2022 249,000.00 222,434.42 249,000.00 1.700 1,826 1,570 1.701 02/18/2027 24773RCR4 1377 Delta Natl B&T 03/09/2022 245,000.00 221,856.29 245,000.00 2.000 1,814 1,577 2.001 02/25/2027 27004PCM3 1375 Eaglemark Savings 03/02/2022 245,000.00 221,873.58 245,000.00 2.000 1,826 1,582 2.001 03/02/2027 91139LAB2 1378 United Roosevelt Savings 03/11/2022 248,000.00 223,295.52 248,000.00 1.900 1,826 1,591 1.901 03/11/2027 565819AG4 1379 Marathon Bnak 03/16/2022 248,000.00 222,227.02 248,000.00 1.800 1,826 1,596 1.801 03/16/2027 20033A3A2 1386 Comenity Capital Bank 04/14/2022 248,000.00 230,515.13 248,000.00 2.650 1,826 1,625 2.652 04/14/2027 397417AQ9 1419 Greenwoods State Bank 05/17/2022 248,000.00 234,418.33 248,000.00 3.050 1,826 1,658 3.052 05/17/2027 02589ADH2 1421 American Express, NB 08/29/2022 245,000.00 235,556.78 245,000.00 3.450 1,793 1,729 3.067 07/27/2027 88413QDN5 1420 Third Federal Savings and Loan 08/19/2022 245,000.00 233,942.19 245,000.00 3.300 1,826 1,752 3.302 08/19/2027 732329BD8 1425 Ponce Bank 09/15/2022 248,000.00 238,884.74 248,000.00 3.500 1,826 1,779 3.502 09/15/2027 052392BT3 1427 Austin Telco FCU 09/21/2022 248,000.00 242,173.60 248,000.00 3.800 1,826 1,785 3.770 09/21/2027 22258JAB7 1430 County Schools FCU 09/30/2022 248,000.00 248,810.62 248,000.00 4.400 1,826 1,794 4.325 09/30/2027 Subtotal and Average 32,927,506.53 32,860,000.00 31,008,591.10 32,859,377.50 1,660 772 1.994 Corporate Notes 931142DU4 1190 19416QEA4 1175 594918BQ6 1157 45950VPS9 1308 Wal-Mart Stores, Inc Colgate-Palmolive Microsoft Corporation International Finance Corp. Subtotal and Average Money Market with Fiscal Agent SYS1058 1058 US Bank Subtotal and Average CERBT - OPEB Trust SYS1114 1114 PARS Pension Trust SYS1230 1230 Run Date: 03/06/2023 - 14:50 CalPERS CERBT Plan Subtotal and Average Pblc Agncy Rtrmnt Sery Subtotal and Average 04/16/2019 03/04/2019 10/15/2018 02/26/2021 1,857,560.00 07/01 /2016 4,603.47 07/01 /2022 1,660,262.83 9,678,121.08 500,000.00 500,000.00 400,000.00 500,000.00 1,900,000.00 498,975.00 496,410.00 392,664.00 436,735.00 1,824,784.00 496,650.00 2.350 1,339 44 2.799 12/15/2022 485,250.00 1.950 1,430 92 2.751 02/01/2023 378,360.00 2.000 1,758 280 3.222 08/08/2023 497,300.00 0.500 1,826 1,213 0.610 02/26/2026 1,857,560.00 1,578 418 2.287 4,610.03 4,610.03 4,610.03 1 1 0.000 4,610.03 1,660,262.83 1,660,262.83 4,610.03 4,610.03 1, 660, 262.83 1, 660, 262.83 1,660,262.83 1,660,262.83 9,808,161.69 9,808,161.69 9,808,161.69 9,808,161.69 9,808,161.69 1 1 0.000 1 1 0.000 1 1 0.000 1 1 0.000 9,808,161.69 1 1 0.000 Portfolio CITY CID PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Portfolio Details - Investments October 31, 2022 Average Purchase Stated Days to YTM CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365 Total and Average 205,660,448.98 207,732,630.45 199,472,524.87 206,832,448.56 794 475 1.793 Page 9 Portfolio CITY CID Run Date: 03/06/2023 - 14:50 PM (PRF_PM2) 7.3.0 t(v Qaigr(v GEM of the DESERT - City of La Quinta Total Earnings Sorted by Fund - Fund October 1, 2022 - October 31, 2022 City of La Quinta CUSIP Investment # Fund Issuer Ending Par Value Beginning Book Value Ending Book Value Current Rate Annualized Yield Interest Earned Adjusted Interest Earnings Amortization/ Realized Accretion Gainl/Loss Adjusted Interest Earnings Fund: General Fund 98-33-434 1055 101 LAIF 18,832,216.42 28,728,722.48 18,832,216.42 1.772 1.636 39,906.00 0.00 0.00 39,906.00 SYS1059 1059 101 CITYPC 3,300.00 3,300.00 3,300.00 0.00 0.00 0.00 0.00 018596AA3 1095 101 ALLIAN 0.00 245,000.00 0.00 2.250 2.250 181.23 0.00 0.00 181.23 06740KLJ4 1097 101 BARCLY 0.00 240,000.00 0.00 2.300 2.300 362.96 0.00 0.00 362.96 62384RACO 1099 101 MTNAMR 245,000.00 245,000.00 245,000.00 2.300 2.300 478.59 0.00 0.00 478.59 22766AC139 1106 101 CRS1ST 245,000.00 245,000.00 245,000.00 2.200 2.200 457.78 0.00 0.00 457.78 29367QCP1 1107 101 ENTRPR 245,000.00 245,000.00 245,000.00 2.150 2.150 447.38 0.00 0.00 447.38 499724A138 1110 101 KNOX 245,000.00 245,000.00 245,000.00 2.400 2.400 499.40 0.00 0.00 499.40 SYS1114 1114 101 CALPRS 1,660,262.83 1,660,262.83 1,660,262.83 0.00 0.00 0.00 0.00 034577AH9 1119 101 ANECA 245,000.00 245,000.00 245,000.00 2.800 2.800 582.63 0.00 0.00 582.63 17312QJ26 1123 101 CITINA 245,000.00 245,000.00 245,000.00 2.900 2.900 603.44 0.00 0.00 603.44 29278TAY6 1125 101 ENER 240,000.00 240,000.00 240,000.00 2.950 2.950 601.32 0.00 0.00 601.32 74934YAH4 1144 101 RCB 245,000.00 245,000.00 245,000.00 3.150 3.150 655.46 0.00 0.00 655.46 32110YLK9 1147 101 1STNBA 245,000.00 245,000.00 245,000.00 3.150 3.150 655.46 0.00 0.00 655.46 06426KAN8 1151 101 NWENGL 249,000.00 249,000.00 249,000.00 3.250 3.250 687.31 0.00 0.00 687.31 SYS1153 1153 101 CAMP 28,074,326.46 18,010,695.46 28,074,326.46 3.140 4.160 63,631.00 0.00 0.00 63,631.00 474067AQ8 1154 101 JEFF 245,000.00 245,000.00 245,000.00 3.350 3.350 697.07 0.00 0.00 697.07 57116ARV2 1155 101 MARBUS 248,000.00 248,000.00 248,000.00 3.300 3.300 695.08 0.00 0.00 695.08 594918BQ6 1157 101 MCRSFT 400,000.00 378,360.00 378,360.00 2.000 2.075 666.66 0.00 0.00 666.66 3133EJYL7 1158 101 FFCB 250,000.00 247,275.00 247,275.00 2.800 2.778 583.33 0.00 0.00 583.33 625925AR3 1160 101 MUNTRS 245,000.00 245,000.00 245,000.00 3.200 3.200 665.86 0.00 0.00 665.86 90348JEJ5 1161 101 UBS 245,000.00 245,000.00 245,000.00 3.350 3.350 697.08 0.00 0.00 697.08 20143PDV9 1162 101 COMMBK 248,000.00 248,000.00 248,000.00 3.400 3.400 716.14 0.00 0.00 716.14 67054NAN3 1164 101 NMRCA 248,000.00 248,000.00 248,000.00 3.550 3.550 747.74 0.00 0.00 747.74 75701LA133 1166 101 REDRCK 248,000.00 248,000.00 248,000.00 3.350 3.350 705.61 0.00 0.00 705.61 58404DCX7 1169 101 MEDBA 248,000.00 248,000.00 248,000.00 3.400 3.400 716.14 0.00 0.00 716.14 635573AL2 1170 101 NLCOOP 245,000.00 245,000.00 245,000.00 3.400 3.400 707.47 0.00 0.00 707.47 066851WJ1 1172 101 BARHAR 248,000.00 248,000.00 248,000.00 3.350 3.350 705.61 0.00 0.00 705.61 619165JD6 1173 101 MORTN 248,000.00 248,000.00 248,000.00 2.750 2.750 579.23 0.00 0.00 579.23 949763XY7 1174 101 WELLS 248,000.00 248,000.00 248,000.00 3.000 3.000 631.89 0.00 0.00 631.89 Run Date: 03/06/2023 - 14:53 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 2 October 1, 2022 - October 31, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund 19416QEA4 1175 101 COLGTE 500,000.00 485,250.00 485,250.00 1.950 1.971 812.50 0.00 0.00 812.50 3130AFW94 1177 101 FHLB 500,000.00 498,550.00 498,550.00 2.500 2.460 1,041.66 0.00 0.00 1,041.66 32117BCX4 1179 101 1STN13K 248,000.00 248,000.00 248,000.00 2.800 2.800 589.76 0.00 0.00 589.76 92535LCD4 1180 101 VERUS 248,000.00 248,000.00 248,000.00 2.700 2.700 568.71 0.00 0.00 568.71 66736ABP3 1181 101 NRTHWS 248,000.00 248,000.00 248,000.00 2.950 2.950 621.36 0.00 0.00 621.36 156634AK3 1184 101 CENTNX 248,000.00 248,000.00 248,000.00 2.500 2.500 526.57 0.00 0.00 526.57 48128HXU7 1185 101 JPMORG 245,000.00 245,000.00 245,000.00 3.250 3.250 676.27 0.00 0.00 676.27 46256YAZ2 1186 101 IOWAST 245,000.00 245,000.00 245,000.00 2.400 2.400 499.40 0.00 0.00 499.40 56065GAG3 1188 101 MAINST 248,000.00 248,000.00 248,000.00 2.600 2.600 547.64 0.00 0.00 547.64 20726ABA5 1189 101 CONGRS 248,000.00 248,000.00 248,000.00 2.500 2.500 526.58 0.00 0.00 526.58 931142DU4 1190 101 WALMRT 500,000.00 496,650.00 496,650.00 2.350 2.321 979.17 0.00 0.00 979.17 725404AB3 1194 101 PITTS 245,000.00 245,000.00 245,000.00 2.500 2.500 520.20 0.00 0.00 520.20 72651LCL6 1195 101 PLAINS 245,000.00 245,000.00 245,000.00 2.550 2.550 530.61 0.00 0.00 530.61 299547AQ2 1196 101 EVNSCU 248,000.00 248,000.00 248,000.00 2.600 2.600 547.64 0.00 0.00 547.64 524661CB9 1197 101 LEGCY 248,000.00 248,000.00 248,000.00 2.400 2.400 505.51 0.00 0.00 505.51 3133EKQP4 1198 101 FFCB 500,000.00 499,500.00 499,500.00 1.875 1.842 781.25 0.00 0.00 781.25 176688CP2 1199 101 CTZNST 248,000.00 248,000.00 248,000.00 2.400 2.400 505.52 0.00 0.00 505.52 20416TAQ5 1202 101 COMMW 248,000.00 248,000.00 248,000.00 2.250 2.250 473.92 0.00 0.00 473.92 761402BY1 1203 101 REVER 247,000.00 247,000.00 247,000.00 2.300 2.300 482.49 0.00 0.00 482.49 02772JBD1 1205 101 AMRNTL 248,000.00 248,000.00 248,000.00 2.000 2.000 421.26 0.00 0.00 421.26 3135GOV75 1206 101 FNMA 500,000.00 495,950.00 495,950.00 1.750 1.731 729.17 0.00 0.00 729.17 00257TBD7 1207 101 ABACUS 248,000.00 248,000.00 248,000.00 1.950 1.950 410.73 0.00 0.00 410.73 51210SQU4 1208 101 LKSIDE 248,000.00 248,000.00 248,000.00 2.000 2.000 421.26 0.00 0.00 421.26 33625CCP2 1209 101 1STSEC 248,000.00 248,000.00 248,000.00 2.000 2.000 421.26 0.00 0.00 421.26 710571 DS6 1210 101 PEOPLE 248,000.00 248,000.00 248,000.00 2.000 2.000 421.26 0.00 0.00 421.26 3133EKWV4 1212 101 FFCB 500,000.00 499,500.00 499,500.00 1.850 1.817 770.83 0.00 0.00 770.83 740367HP5 1213 101 PREFRD 249,000.00 249,000.00 249,000.00 2.000 2.000 422.96 0.00 0.00 422.96 938828131-12 1215 101 WSHFED 248,000.00 248,000.00 248,000.00 2.000 2.000 421.26 0.00 0.00 421.26 33766LAJ7 1216 101 1STIER 249,000.00 249,000.00 249,000.00 1.950 1.950 412.38 0.00 0.00 412.38 91282BT26 1217 101 USTR 500,000.00 499,300.00 499,300.00 1.375 1.381 585.51 0.00 0.00 585.51 75472RAD3 1218 101 RAYJAM 244,000.00 244,000.00 244,000.00 1.950 1.950 404.10 0.00 0.00 404.10 15118RRH2 1220 101 CELTIC 248,000.00 248,000.00 248,000.00 1.850 1.850 389.67 0.00 0.00 389.67 334342CD2 1221 101 1STNBS 249,000.00 249,000.00 249,000.00 1.850 1.850 391.24 0.00 0.00 391.24 336460CX6 1222 101 1STDQN 248,000.00 248,000.00 248,000.00 1.800 1.800 379.13 0.00 0.00 379.13 3133EKZK5 1223 101 FFCB 500,000.00 499,400.00 499,400.00 1.600 1.572 666.67 0.00 0.00 666.67 3133EKP75 1224 101 FFCB 500,000.00 498,750.00 498,750.00 1.600 1.574 666.67 0.00 0.00 666.67 06652CHBO 1227 101 BNKWST 248,000.00 248,000.00 248,000.00 1.700 1.700 358.07 0.00 0.00 358.07 Run Date: 03/06/2023 - 14:53 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 3 October 1, 2022 - October 31, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund 059731851 1228 101 BOTW 4,001,164.24 3,201,929.33 4,001,164.24 0.01 0.00 0.00 0.01 SYS1230 1230 101 PARS 9,808,161.69 9,673,786.39 9,808,161.69 0.00 0.00 0.00 0.00 33640VDD7 1231 101 1STSER 248,000.00 248,000.00 248,000.00 1.700 1.700 358.07 0.00 0.00 358.07 3133EK4X1 1234 101 FFCB 1,000,000.00 996,900.00 996,900.00 1.600 1.575 1,333.33 0.00 0.00 1,333.33 804375DL4 1235 101 SAUKVL 248,000.00 248,000.00 248,000.00 1.700 1.700 358.07 0.00 0.00 358.07 61760A3133 1236 101 MSPRIV 245,000.00 245,000.00 245,000.00 1.900 1.900 395.35 0.00 0.00 395.35 61690UNX4 1237 101 MORGST 245,000.00 245,000.00 245,000.00 1.950 1.950 405.76 0.00 0.00 405.76 538036GVO 1238 101 LIVEOK 248,000.00 248,000.00 248,000.00 1.800 1.800 379.13 0.00 0.00 379.13 49228XAK6 1239 101 KERNCU 248,000.00 248,000.00 248,000.00 1.900 1.900 400.20 0.00 0.00 400.20 79772FACO 1240 101 SF FCU 248,000.00 248,000.00 248,000.00 1.850 1.850 389.67 0.00 0.00 389.67 912828YV6 1241 101 USTR 1,000,000.00 989,687.50 989,687.50 1.500 1.511 1,270.50 0.00 0.00 1,270.50 3133ELEA8 1242 101 FFCB 1,000,000.00 998,600.00 998,600.00 1.700 1.670 1,416.67 0.00 0.00 1,416.67 949495AT2 1244 101 WFNBW 248,000.00 248,000.00 248,000.00 1.900 1.900 400.20 0.00 0.00 400.20 3133ELNEO 1246 101 FFCB 1,000,000.00 999,000.00 999,000.00 1.430 1.404 1,191.67 0.00 0.00 1,191.67 35637RDC8 1248 101 FRDMFI 248,000.00 248,000.00 248,000.00 1.550 1.550 326.48 0.00 0.00 326.48 90983WBT7 1249 101 UNTDCM 248,000.00 248,000.00 248,000.00 1.650 1.650 347.54 0.00 0.00 347.54 32114VBT3 1250 101 1STNM1 248,000.00 248,000.00 248,000.00 1.650 1.650 347.54 0.00 0.00 347.54 77579ADFO 1251 101 RLLSTN 245,000.00 245,000.00 245,000.00 1.650 1.650 343.33 0.00 0.00 343.33 17286TAGO 1252 101 CITADL 248,000.00 248,000.00 248,000.00 1.650 1.650 347.54 0.00 0.00 347.54 81768PAF3 1254 101 SERVIS 248,000.00 248,000.00 248,000.00 1.600 1.600 337.01 0.00 0.00 337.01 029728BC5 1255 101 AMERST 248,000.00 248,000.00 248,000.00 1.600 1.600 337.01 0.00 0.00 337.01 00435JBH5 1256 101 ACCSS 248,000.00 248,000.00 248,000.00 1.600 1.600 337.01 0.00 0.00 337.01 849430BF9 1257 101 SPRING 248,000.00 248,000.00 248,000.00 1.500 1.500 315.94 0.00 0.00 315.94 05465DAE8 1258 101 AXOS 248,000.00 248,000.00 248,000.00 1.650 1.650 347.54 0.00 0.00 347.54 882213AB7 1260 101 TEXAS 245,000.00 245,000.00 245,000.00 1.100 1.100 228.89 0.00 0.00 228.89 89579NCD3 1262 101 TRIAD 248,000.00 248,000.00 248,000.00 1.350 1.350 284.35 0.00 0.00 284.35 66704MEQO 1263 101 NRTHSR 248,000.00 248,000.00 248,000.00 1.150 1.150 242.22 0.00 0.00 242.22 954444BS3 1265 101 WESTMI 248,000.00 248,000.00 248,000.00 1.150 1.150 242.22 0.00 0.00 242.22 654062JZ2 1266 101 NCOLET 248,000.00 248,000.00 248,000.00 1.400 1.400 294.88 0.00 0.00 294.88 020080BX4 1267 101 ALMABK 248,000.00 248,000.00 248,000.00 1.400 1.400 294.88 0.00 0.00 294.88 2027506M2 1268 101 CMWBUS 248,000.00 248,000.00 248,000.00 1.250 1.250 263.29 0.00 0.00 263.29 69506YRH4 1269 101 PACWST 245,000.00 245,000.00 245,000.00 1.300 1.300 270.51 0.00 0.00 270.51 08016PDQ9 1270 101 BELB&T 248,000.00 248,000.00 248,000.00 1.250 1.250 263.29 0.00 0.00 263.29 14042TDD6 1271 101 CAPONE 245,000.00 245,000.00 245,000.00 1.600 1.600 332.93 0.00 0.00 332.93 472382AQ3 1272 101 THEJEF 248,000.00 248,000.00 248,000.00 1.250 1.250 263.28 0.00 0.00 263.28 32027BALl 1273 101 1STFDM 249,000.00 249,000.00 249,000.00 1.200 1.200 253.77 0.00 0.00 253.77 32112UDR9 1274 101 1STMCG 248,000.00 248,000.00 248,000.00 1.350 1.350 284.35 0.00 0.00 284.35 Run Date: 03/06/2023 - 14:53 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 4 October 1, 2022 - October 31, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund 33847E3A3 1276 101 FLGSTR 248,000.00 248,000.00 248,000.00 1.250 1.250 263.29 0.00 0.00 263.29 95960NKD8 1277 101 WSTRNS 245,000.00 245,000.00 245,000.00 1.000 1.000 208.08 0.00 0.00 208.08 32056GDJ6 1278 101 1STINT 248,000.00 248,000.00 248,000.00 1.000 1.000 210.63 0.00 0.00 210.63 3134GVYG7 1279 101 FHLMC 1,000,000.00 1,000,000.00 1,000,000.00 0.625 0.613 520.83 0.00 0.00 520.83 3133ELH23 1280 101 FFCB 500,000.00 499,850.00 499,850.00 0.500 0.491 208.33 0.00 0.00 208.33 3130AJKW8 1281 101 FHLB 500,000.00 499,850.00 499,850.00 0.500 0.491 208.33 0.00 0.00 208.33 3133ELH80 1282 101 FFCB 500,000.00 500,000.00 500,000.00 0.680 0.667 283.34 0.00 0.00 283.34 3130AJRP6 1283 101 FHLB 300,000.00 300,000.00 300,000.00 0.680 0.667 170.00 0.00 0.00 170.00 169894AS1 1284 101 CHIPVA 248,000.00 248,000.00 248,000.00 0.600 0.600 126.38 0.00 0.00 126.38 02616AAH2 1285 101 AMR1ST 248,000.00 248,000.00 248,000.00 0.350 0.350 73.72 0.00 0.00 73.72 84223QAN7 1286 101 STHRNB 248,000.00 248,000.00 248,000.00 0.500 0.500 105.32 0.00 0.00 105.32 064520BG3 1287 101 BKPRNC 248,000.00 248,000.00 248,000.00 0.500 0.500 105.32 0.00 0.00 105.32 3135G05S8 1288 101 FNMA 500,000.00 500,000.00 500,000.00 0.500 0.491 208.33 0.00 0.00 208.33 3136G4N74 1289 101 FNMA 1,000,000.00 1,000,000.00 1,000,000.00 0.560 0.549 466.67 0.00 0.00 466.67 3136G4M75 1290 101 FNMA 500,000.00 499,750.00 499,750.00 0.520 0.510 216.66 0.00 0.00 216.66 3135G06E8 1291 101 FNMA 500,000.00 499,250.00 499,250.00 0.420 0.413 175.00 0.00 0.00 175.00 3135GA2Z3 1292 101 FNMA 500,000.00 499,250.00 499,250.00 0.560 0.550 233.34 0.00 0.00 233.34 SYS1293 1293 101 BNY 9,461,545.73 579,272.74 9,461,545.73 0.00 0.00 0.00 0.00 3137EAEU9 1297 101 FHLMC 1,000,000.00 997,300.00 997,300.00 0.375 0.369 312.50 0.00 0.00 312.50 3130AKFA9 1298 101 FHLB 500,000.00 497,400.00 497,400.00 0.375 0.370 156.25 0.00 0.00 156.25 3135GA7D7 1299 101 FNMA 500,000.00 500,000.00 500,000.00 0.600 0.589 250.00 0.00 0.00 250.00 3135GAAW1 1300 101 FNMA 500,000.00 500,000.00 500,000.00 0.400 0.392 166.66 0.00 0.00 166.66 3134GXGZ1 1301 101 FHLMC 500,000.00 500,000.00 500,000.00 0.550 0.540 229.17 0.00 0.00 229.17 3130AKMZ6 1302 101 FHLB 500,000.00 500,000.00 500,000.00 0.510 0.500 212.50 0.00 0.00 212.50 91282CBC4 1303 101 USTR 500,000.00 498,632.81 498,632.81 0.375 0.373 157.94 0.00 0.00 157.94 313OAKN28 1304 101 FHLB 500,000.00 500,000.00 500,000.00 0.550 0.540 229.17 0.00 0.00 229.17 51507LCC6 1305 101 LNDMRK 248,000.00 248,000.00 248,000.00 0.500 0.500 105.32 0.00 0.00 105.32 87270LDL4 1306 101 EVRBA 245,000.00 245,000.00 245,000.00 0.500 0.500 104.04 0.00 0.00 104.04 3137EAEX3 1307 101 FHLMC 500,000.00 495,999.50 495,999.50 0.375 0.371 156.25 0.00 0.00 156.25 45950VPS9 1308 101 IFC 500,000.00 497,300.00 497,300.00 0.500 0.499 210.59 0.00 0.00 210.59 91282CBH3 1309 101 USTR 500,000.00 495,100.00 495,100.00 0.375 0.376 157.95 0.00 0.00 157.95 3137EAEX3 1310 101 FHLMC 1,000,000.00 983,940.00 983,940.00 0.375 0.374 312.50 0.00 0.00 312.50 91282CAT8 1311 101 USTR 1,000,000.00 977,500.00 977,500.00 0.250 0.254 210.71 0.00 0.00 210.71 3130ALV92 1312 101 FHLB 500,000.00 500,000.00 500,000.00 1.050 1.030 437.50 0.00 0.00 437.50 39573LBC1 1313 101 GRNST 249,000.00 249,000.00 249,000.00 0.950 0.950 200.91 0.00 0.00 200.91 89235MKY6 1314 101 TOYFSB 245,000.00 245,000.00 245,000.00 0.900 0.900 187.27 0.00 0.00 187.27 91282CAZ4 1315 101 USTR 500,000.00 492,187.50 492,187.50 0.375 0.380 158.81 0.00 0.00 158.81 Run Date: 03/06/2023 - 14:53 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 5 October 1, 2022 - October 31, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund 14622LAAO 1316 101 CARTER 248,000.00 248,000.00 248,000.00 0.750 0.750 157.97 0.00 0.00 157.97 31617CAV5 1317 101 FIDHMS 248,000.00 248,000.00 248,000.00 0.700 0.700 147.44 0.00 0.00 147.44 SYS1318 1318 101 DPME 683,419.46 649,720.32 683,419.46 0.00 0.00 0.00 0.00 91282CBQ3 1319 101 USTR 500,000.00 494,165.00 494,165.00 0.500 0.510 214.09 0.00 0.00 214.09 91282CBT7 1320 101 USTR 500,000.00 499,525.00 499,525.00 0.750 0.753 319.37 0.00 0.00 319.37 91282CCF6 1321 101 USTR 1,000,000.00 997,060.00 997,060.00 0.750 0.750 635.25 0.00 0.00 635.25 91282CBT7 1322 101 USTR 500,000.00 498,450.00 498,450.00 0.750 0.754 319.37 0.00 0.00 319.37 91282CCF6 1323 101 USTR 500,000.00 497,095.00 497,095.00 0.750 0.752 317.62 0.00 0.00 317.62 3130AMFS6 1324 101 FHLB 1,000,000.00 993,420.00 993,420.00 0.750 0.741 625.00 0.00 0.00 625.00 92559TAJ7 1325 101 VIBRNT 249,000.00 248,377.50 248,377.50 0.800 0.802 169.18 0.00 0.00 169.18 38149MXK4 1326 101 GLDMAN 248,000.00 248,000.00 248,000.00 1.000 1.000 210.63 0.00 0.00 210.63 795451AFO 1327 101 SALMAE 248,000.00 248,000.00 248,000.00 1.000 1.000 210.63 0.00 0.00 210.63 89388CEYO 1328 101 TABBK 248,000.00 248,000.00 248,000.00 0.400 0.400 84.25 0.00 0.00 84.25 06417NZQ9 1329 101 BKOZK 248,000.00 248,000.00 248,000.00 0.400 0.400 84.25 0.00 0.00 84.25 3133EM2C5 1330 101 FFCB 500,000.00 498,000.00 498,000.00 0.710 0.699 295.83 0.00 0.00 295.83 70962LAF9 1331 101 PENTGN 249,000.00 249,000.00 249,000.00 0.700 0.700 148.04 0.00 0.00 148.04 87165ET98 1332 101 SYNCHR 245,000.00 245,000.00 245,000.00 0.900 0.900 187.28 0.00 0.00 187.28 05580AD50 1333 101 BMW 245,000.00 245,000.00 245,000.00 0.650 0.650 135.26 0.00 0.00 135.26 20786ADL6 1334 101 CONNEC 248,000.00 248,000.00 248,000.00 0.800 0.800 168.51 0.00 0.00 168.51 91282CCP4 1335 101 USTR 1,000,000.00 983,750.00 983,750.00 0.625 0.630 526.49 0.00 0.00 526.49 91282CCW9 1336 101 USTR 1,000,000.00 988,500.00 988,500.00 0.750 0.765 642.26 0.00 0.00 642.26 3130APBM6 1337 101 FHLB 1,000,000.00 999,000.00 999,000.00 1.000 0.982 833.33 0.00 0.00 833.33 3133EM4X7 1338 101 FFCB 1,000,000.00 991,080.00 991,080.00 0.800 0.792 666.66 0.00 0.00 666.66 3130APB46 1339 101 FHLB 1,000,000.00 998,250.00 998,250.00 0.950 0.934 791.67 0.00 0.00 791.67 3133EMX64 1340 101 FFCB 500,000.00 499,002.04 499,002.04 0.170 0.167 70.83 0.00 0.00 70.83 91282CCN9 1341 101 USTR 500,000.00 497,792.97 497,792.97 0.125 0.125 52.65 0.00 0.00 52.65 91282CBEO 1342 101 USTR 1,000,000.00 991,000.00 991,000.00 0.125 0.125 105.29 0.00 0.00 105.29 91282CDB4 1343 101 USTR 1,000,000.00 996,320.00 996,320.00 0.625 0.627 530.97 0.00 0.00 530.97 3133ENCQ1 1344 101 FFCB 1,000,000.00 1,000,000.00 1,000,000.00 1.270 1.246 1,058.33 0.00 0.00 1,058.33 59013KPNO 1345 101 MRRCK 249,000.00 249,000.00 249,000.00 1.100 1.100 232.63 0.00 0.00 232.63 14042RQBO 1346 101 CAP1 NA 248,000.00 248,000.00 248,000.00 1.100 1.100 231.70 0.00 0.00 231.70 3130APTV7 1347 101 FHLB 500,000.00 499,500.00 499,500.00 0.700 0.688 291.67 0.00 0.00 291.67 3133ENBT6 1348 101 FFCB 1,000,000.00 998,530.00 998,530.00 0.180 0.177 150.00 0.00 0.00 150.00 91282CBU4 1349 101 USTR 1,000,000.00 996,718.75 996,718.75 0.125 0.126 106.46 0.00 0.00 106.46 91282CCD1 1350 101 USTR 1,000,000.00 995,468.75 995,468.75 0.125 0.125 105.88 0.00 0.00 105.88 91282CBA8 1351 101 USTR 1,000,000.00 990,000.00 990,000.00 0.125 0.126 105.88 0.00 0.00 105.88 91282CBR1 1352 101 USTR 1,000,000.00 989,800.00 989,800.00 0.250 0.255 214.09 0.00 0.00 214.09 Run Date: 03/06/2023 - 14:53 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 6 October 1, 2022 - October 31, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund 3130AP2U8 1353 101 FHLB 1,000,000.00 987,100.00 987,100.00 0.550 0.547 458.34 0.00 0.00 458.34 3135G06G3 1354 101 FNMA 1,000,000.00 976,300.00 976,300.00 0.500 0.503 416.67 0.00 0.00 416.67 3133ENGN4 1355 101 FFCB 1,000,000.00 1,000,000.00 1,000,000.00 0.970 0.952 808.33 0.00 0.00 808.33 501798RP9 1356 101 LCA 248,000.00 248,000.00 248,000.00 1.000 1.000 210.63 0.00 0.00 210.63 20825WAR1 1357 101 CNNXS 249,000.00 249,000.00 249,000.00 1.250 1.250 264.35 0.00 0.00 264.35 313OAQF65 1358 101 FHLB 1,000,000.00 999,750.00 999,750.00 1.250 1.227 1,041.67 0.00 0.00 1,041.67 3134GW6C5 1359 101 FHLMC 500,000.00 486,000.00 486,000.00 0.800 0.808 333.33 0.00 0.00 333.33 91282CBV2 1360 101 USTR 500,000.00 494,882.81 494,882.81 0.375 0.379 159.29 0.00 0.00 159.29 3137EAEU9 1361 101 FHLMC 500,000.00 487,090.00 487,090.00 0.375 0.378 156.25 0.00 0.00 156.25 3134GW5R3 1362 101 FHLMC 400,000.00 391,360.00 391,360.00 0.650 0.652 216.67 0.00 0.00 216.67 307811DF3 1363 101 FARMER 249,000.00 249,000.00 249,000.00 0.900 0.900 190.33 0.00 0.00 190.33 3130AQJR5 1364 101 FHLB 1,000,000.00 1,000,000.00 1,000,000.00 1.500 1.472 1,250.00 0.00 0.00 1,250.00 3135G03U5 1365 101 FNMA 500,000.00 487,790.00 487,790.00 0.625 0.629 260.42 0.00 0.00 260.42 3134GWUQ7 1366 101 FHLMC 1,000,000.00 945,570.00 945,570.00 0.700 0.726 583.34 0.00 0.00 583.34 3130AQSA2 1367 101 FHLB 1,000,000.00 1,000,000.00 1,000,000.00 1.830 1.796 1,525.00 0.00 0.00 1,525.00 89786MAF1 1368 101 TRUSKY 245,000.00 245,000.00 245,000.00 1.600 1.600 332.94 0.00 0.00 332.94 912828Z78 1369 101 USTR 1,000,000.00 986,700.00 986,700.00 1.500 1.508 1,263.59 0.00 0.00 1,263.59 07371AYE7 1370 101 BEALTX 245,000.00 245,000.00 245,000.00 1.900 1.900 395.36 0.00 0.00 395.36 073710E88 1371 101 BEALUS 245,000.00 245,000.00 245,000.00 1.900 1.900 395.36 0.00 0.00 395.36 02357QAQO 1372 101 AMRNT 245,000.00 245,000.00 245,000.00 1.600 1.600 332.93 0.00 0.00 332.93 59161YAP1 1373 101 METRO 249,000.00 249,000.00 249,000.00 1.700 1.700 359.52 0.00 0.00 359.52 3130AQWY5 1374 101 FHLB 1,000,000.00 1,000,000.00 1,000,000.00 1.700 1.668 1,416.67 0.00 0.00 1,416.67 27004PCM3 1375 101 EGLMRK 245,000.00 245,000.00 245,000.00 2.000 2.000 416.17 0.00 0.00 416.17 64034KAZ4 1376 101 NELNET 245,000.00 245,000.00 245,000.00 1.800 1.800 374.55 0.00 0.00 374.55 24773RCR4 1377 101 DELTA 245,000.00 245,000.00 245,000.00 2.000 2.000 416.17 0.00 0.00 416.17 91139LAB2 1378 101 URSVLT 248,000.00 248,000.00 248,000.00 1.900 1.900 400.20 0.00 0.00 400.20 565819AG4 1379 101 MRTHON 248,000.00 248,000.00 248,000.00 1.800 1.800 379.13 0.00 0.00 379.13 91282CCW9 1380 101 USTR 500,000.00 466,454.17 466,454.17 0.750 0.811 321.14 0.00 0.00 321.14 91282CDG3 1381 101 USTR 500,000.00 473,396.82 473,396.82 1.125 1.179 474.10 0.00 0.00 474.10 91282CBQ3 1382 101 USTR 750,000.00 698,025.00 698,025.00 0.500 0.542 321.14 0.00 0.00 321.14 9128286S4 1383 101 USTR 1,000,000.00 999,010.00 999,010.00 2.375 2.359 2,001.75 0.00 0.00 2,001.75 50625LAW3 1384 101 LFYTT 248,000.00 248,000.00 248,000.00 2.050 2.050 431.79 0.00 0.00 431.79 3130ARGJ4 1385 101 FHLB 500,000.00 500,000.00 500,000.00 2.500 2.453 1,041.67 0.00 0.00 1,041.67 20033A3A2 1386 101 CCBA 248,000.00 248,000.00 248,000.00 2.650 2.650 558.16 0.00 0.00 558.16 3130ARGY1 1387 101 FHLB 1,000,000.00 1,000,000.00 1,000,000.00 2.700 2.649 2,250.00 0.00 0.00 2,250.00 02007GPX5 1388 101 ALLY 245,000.00 245,000.00 245,000.00 2.550 2.550 530.61 0.00 0.00 530.61 52168UHY1 1389 101 LEADR 245,000.00 245,000.00 245,000.00 2.550 2.550 530.61 0.00 0.00 530.61 Run Date: 03/06/2023 - 14:53 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 7 October 1, 2022 - October 31, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund 9128283DO 1390 101 USTR 1,000,000.00 985,190.00 985,190.00 2.250 2.266 1,896.39 0.00 0.00 1,896.39 91282CEF4 1391 101 USTR 1,000,000.00 976,860.00 976,860.00 2.500 2.566 2,129.12 0.00 0.00 2,129.12 254673E69 1392 101 DISCOV 245,000.00 245,000.00 245,000.00 3.100 3.100 645.05 0.00 0.00 645.05 91282CAR2 1393 101 USTR 0.00 3,979,880.00 0.00 0.125 6.275 407.61 0.00 20,120.00 20,527.61 91282CBD2 1394 101 USTR 2,000,000.00 1,982,265.63 1,982,265.63 0.125 0.125 210.60 0.00 0.00 210.60 48115LAD6 1396 101 JOVIA 248,000.00 248,000.00 248,000.00 2.500 2.500 526.57 0.00 0.00 526.57 912828X88 1397 101 USTR 1,000,000.00 969,687.50 969,687.50 2.375 2.429 2,000.68 0.00 0.00 2,000.68 91282CEN7 1398 101 USTR 500,000.00 495,000.00 495,000.00 2.750 2.757 1,158.90 0.00 0.00 1,158.90 91282CET4 1399 101 USTR 500,000.00 491,842.18 491,842.18 2.625 2.661 1,111.68 0.00 0.00 1,111.68 9128282U3 1400 101 USTR 500,000.00 490,850.00 490,850.00 1.875 1.926 802.83 0.00 0.00 802.83 3133ENYH7 1401 101 FFCB 500,000.00 499,080.00 499,080.00 2.625 2.580 1,093.75 0.00 0.00 1,093.75 91282CBD2 1402 101 USTR 3,000,000.00 2,972,578.13 2,972,578.13 0.125 0.125 315.90 0.00 0.00 315.90 91282CAX9 1403 101 USTR 4,000,000.00 3,972,031.25 3,972,031.25 0.125 0.126 423.50 0.00 0.00 423.50 91282CAR2 1406 101 USTR 0.00 1,989,440.00 0.00 0.125 6.583 203.80 0.00 10,560.00 10,763.80 912828N30 1407 101 USTR 2,000,000.00 1,996,240.00 1,996,240.00 2.125 2.112 3,580.16 0.00 0.00 3,580.16 912828M80 1408 101 USTR 3,000,000.00 2,996,670.00 2,996,670.00 2.000 1.997 5,081.97 0.00 0.00 5,081.97 3130ASDV8 1409 101 FHLB 300,000.00 300,000.00 300,000.00 3.300 3.238 825.00 0.00 0.00 825.00 9128283C2 1410 101 USTR 0.00 1,999,940.00 0.00 2.000 2.020 3,260.87 0.00 60.00 3,320.87 91282BN30 1412 101 USTR 2,000,000.00 1,996,680.00 1,996,680.00 2.125 2.111 3,580.16 0.00 0.00 3,580.16 912828M80 1413 101 USTR 2,000,000.00 1,997,980.00 1,997,980.00 2.000 1.997 3,387.98 0.00 0.00 3,387.98 9128283C2 1414 101 USTR 0.00 999,977.00 0.00 2.000 2.012 1,630.43 0.00 23.00 1,653.43 89269FDP7 1415 101 TRADCP 246,000.00 246,000.00 246,000.00 3.000 3.000 626.80 0.00 0.00 626.80 91282CF132 1417 101 USTR 1,000,000.00 989,460.00 989,460.00 2.750 2.757 2,316.58 0.00 0.00 2,316.58 912828XT2 1418 101 USTR 1,000,000.00 985,240.00 985,240.00 2.000 2.024 1,693.99 0.00 0.00 1,693.99 397417AQ9 1419 101 GRNWDS 248,000.00 248,000.00 248,000.00 3.050 3.050 642.43 0.00 0.00 642.43 88413QDN5 1420 101 3RD 245,000.00 245,000.00 245,000.00 3.300 3.300 686.67 0.00 0.00 686.67 02589ADH2 1421 101 AMEXNB 245,000.00 245,000.00 245,000.00 3.450 3.450 717.88 0.00 0.00 717.88 91282CF132 1422 101 USTR 1,000,000.00 979,645.67 979,645.67 2.750 2.784 2,316.58 0.00 0.00 2,316.58 912796YB9 1423 101 USTR 3,000,000.00 2,951,409.30 2,951,409.30 3.221 0.00 0.00 0.00 0.00 912796YB9 1424 101 USTR 2,000,000.00 1,967,621.12 1,967,621.12 3.220 0.00 0.00 0.00 0.00 732329BDB 1425 101 PONCE 248,000.00 248,000.00 248,000.00 3.500 3.500 737.21 0.00 0.00 737.21 3133ENL99 1426 101 FFCB 1,000,000.00 997,492.55 997,492.55 3.375 3.320 2,812.50 0.00 0.00 2,812.50 052392BT3 1427 101 AUSTEL 248,000.00 248,000.00 248,000.00 3.800 3.800 800.39 0.00 0.00 800.39 9128283U2 1428 101 USTR 3,000,000.00 2,988,390.00 2,988,390.00 2.375 2.365 6,002.03 0.00 0.00 6,002.03 914242AAO 1429 101 UNIVCU 248,000.00 248,000.00 248,000.00 4.000 4.000 842.52 0.00 0.00 842.52 22258JAB7 1430 101 CNTYSC 248,000.00 248,000.00 248,000.00 4.400 4.400 926.78 0.00 0.00 926.78 912828Q29 1431 101 USTR 2,000,000.00 1,977,200.00 1,977,200.00 1.500 1.521 2,554.94 0.00 0.00 2,554.94 Run Date: 03/06/2023 - 14:53 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 8 October 1, 2022 - October 31, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund 91282CBNO 1432 101 USTR 3,000,000.00 2,956,788.66 2,956,788.66 0.125 0.128 321.14 0.00 0.00 321.14 3133ENQ29 1433 101 FFCB 1,000,000.00 996,400.00 996,400.00 4.000 3.939 3,333.34 0.00 0.00 3,333.34 84229LBA9 1434 101 STHBNK 244,000.00 0.00 244,000.00 4.250 4.250 113.64 0.00 0.00 113.64 Subtotal 205,284,396.83 203,577,744.66 204,384,214.94 1.676 258,322.41 0.00 30,763.00 289,085.41 Fund: Fiscal Agent SYS1058 1058 231 USBANK 4,610.03 4,603.25 4,610.03 1.734 6.78 0.00 0.00 6.78 Subtotal 4,610.03 4,603.25 4,610.03 1.734 6.78 0.00 0.00 6.78 Fund: Housing Authority: WSA and LQ SYS1062 1062 241 LQPR 417,989.55 405,627.44 417,989.55 0.00 0.00 0.00 0.00 Subtotal 417,989.55 405,627.44 417,989.55 0.00 0.00 0.00 0.00 Fund: SA Low/Mod Bond Fund 25-33-005 1113 249 LAIF 2,025,634.04 2,018,767.39 2,025,634.04 1.772 2.078 3,562.26 0.00 0.00 3,562.26 Subtotal 2,025,634.04 2,018,767.39 2,025,634.04 2.078 3,562.26 0.00 0.00 3,562.26 Total 207,732,630.45 206,006,742.74 206,832,448.56 1.676 261,891.45 Run Date: 03/06/2023 - 14:53 0.00 30,763.00 292,654.45 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 ! 0 LIB GEM of the DESERT — City of La Quinta Portfolio Management Portfolio Summary November 30, 2022 City of La Quinta Investments Par Market Sook %of Daysto VTM Value Value Value Portfolio Tenn Maturity 365 Equiv. Bank Accounts 15,815,714.98 15,815,714.98 15,815,714.98 7.59 1 1 0.000 Local Agency Investment Fund-Cily 18,832,216.42 18.412.301 .09 18,832,216,42 9.04 1 1 2.007 Loral Agency Invstmw Fund -Housing 2.025.634,04 1,999.753,19 2.025.634.04 0.97 1 1 2.007 Money Market Accounts -CAM F 28r164,426,56 28,164,426.56 28,164,426.58 13,52 1 1 1900 Fedefal Agency Coupon Securities 40,750,000.00 37,582,391.50 40,535,379.09 19.45 1,621 1,047 1,384 Treasury Coupon SecurWes 45,250,000.00 43,216,666.00 44,647,549.65 21.43 943 663 2.089 Treasury Discount Notes 12,000,000.00 11,899,960.00 11,770,816.15 5,65 177 124 4.076 Cer0ficateof deposits 32,870,000.W 31,233,969.36 32,869,377.50 16.77 1,660 783 2046. Corporate Notes 1.900,000,00 1,832,756.00 1,851,560.00 0.89 1,578 388 2.287 Money Market with Fiscal Agent 4,619,50 4r619.50 4,619.50 O.CO 1 1 0.000 CERBT- OPESTrust 1,660,262.83 1,660,262.83 1,660,262.83 0.80 1 1 0.000 PARS Pension Trust 10,200.742A8 10,206,742.88 10,206,742.88 4.90 1 1 0.000 209,479r617.21 201,949,292.89 208,390,299.80 100.00% 803 480 2.018 Investments Total Earnings November 30 Month Ending Fiscal Year To Dade Current Year 306,912,87 1,324,036.00 Average Daily Balance 207,030,271.55 215,647,806.04 Effective Rate of Return 1,80% 1.46% I certify that this report accurateiy reflects all pooled investments and is in compliance with the California Government Code and the City Investment Policy. As Treasurer of the City of La Quinta, I hereby certify that sufficient investment liquidity and anticipated revenues are available to meet the City's expenditure requirements for the next six months. The City of La Quinta used the monthly accourd statements issued by our fin i o s to determine the fair market value of investments at month end. Claudia Martinez, Finance Director/City Treasurer Reporting period 1110112022-1113012022 Run Dale 03106F2023 -16,30 Portfolio CITY CID PM (PRF_PM1I7.3.0 Report Ver, 7.3.6.1 City of La Quinta Portfolio Management Page 1 Portfolio Details - Investments November 30, 2022 Average Purchase Stated Days to YTM Maturity CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365 Date Bank Accounts SYS1293 1293 Bank of New York 09/01/2020 9,904,170.65 9,904,170.65 9,904,170.65 1 1 0.000 059731851 1228 Bank of the West 08/20/2019 4,792,555.30 4,792,555.30 4,792,555.30 1 1 0.000 SYS1059 1059 City Petty Cash 07/01/2016 3,300.00 3,300.00 3,300.00 1 1 0.000 SYS1318 1318 Dune Palms Mobile Estates 03/09/2021 687,919.90 687,919.90 687,919.90 1 1 0.000 SYS1062 1062 La Quinta Palms Realty 07/01/2016 427,769.13 427,769.13 427,769.13 1 1 0.000 Subtotal and Average 8,179,430.55 15,815,714.98 15,815,714.98 15,815,714.98 1 1 0.000 Local Agency Investment Fund -City 98-33-434 1055 Local Agency Inv Fund 18,832,216.42 18,412,301.09 18,832,216.42 2.007 1 1 2.007 Subtotal and Average 18,832,216.42 18,832,216.42 18,412,301.09 18,832,216.42 1 1 2.007 Local Agency Invstmnt Fund -Housing 25-33-005 1113 Local Agency Inv Fund 2,025,634.04 1,999,753.19 2,025,634.04 2.007 1 1 2.007 Subtotal and Average 2,025,634.04 2,025,634.04 1,999,753.19 2,025,634.04 1 1 2.007 Money Market Accounts - CAMP SYS1153 1153 California Asset Management Pr 09/26/2018 28,164,426.56 28,164,426.56 28,164,426.56 3.900 1 1 3.900 Subtotal and Average 28,077,329.80 28,164,426.56 28,164,426.56 28,164,426.56 1 1 3.900 Federal Agency Coupon Securities 3133EKQP4 1198 Federal Farm Credit Bank 06/20/2019 500,000.00 499,640.00 499,500.00 1.875 1,271 11 1.905 12/12/2022 3133ENBT6 1348 Federal Farm Credit Bank 12/07/2021 1,000,000.00 993,760.00 998,530.00 0.180 414 55 0.310 01/25/2023 3133EMX64 1340 Federal Farm Credit Bank 10/22/2021 500,000.00 491,325.00 499,002.04 0.170 553 148 0.302 04/28/2023 3133EKZK5 1223 Federal Farm Credit Bank 09/12/2019 500,000.00 488,680.00 499,400.00 1.600 1,432 256 1.632 08/14/2023 3133EJYL7 1158 Federal Farm Credit Bank 10/15/2018 250,000.00 246,192.50 247,275.00 2.800 1,786 278 3.041 09/05/2023 3133EK4X1 1234 Federal Farm Credit Bank 11/01/2019 1,000,000.00 969,500.00 996,900.00 1.600 1,461 335 1.680 11/01/2023 3130AFW94 1177 Federal Home Loan Bank 03/01/2019 500,000.00 488,060.00 498,550.00 2.500 1,810 439 2.563 02/13/2024 3133ELNEO 1246 Federal Farm Credit Bank 02/14/2020 1,000,000.00 961,370.00 999,000.00 1.430 1,461 440 1.456 02/14/2024 3133ENYH7 1401 Federal Farm Credit Bank 06/10/2022 500,000.00 485,460.00 499,080.00 2.625 731 557 2.720 06/10/2024 3135GOV75 1206 Federal National Mtg Assn 07/15/2019 500,000.00 478,640.00 495,950.00 1.750 1,814 579 1.922 07/02/2024 3133EKWV4 1212 Federal Farm Credit Bank 08/02/2019 500,000.00 477,480.00 499,500.00 1.850 1,820 603 1.871 07/26/2024 3133EKP75 1224 Federal Farm Credit Bank 09/17/2019 500,000.00 475,635.00 498,750.00 1.600 1,827 656 1.652 09/17/2024 3133ELEA8 1242 Federal Farm Credit Bank 12/17/2019 1,000,000.00 952,930.00 998,600.00 1.700 1,736 656 1.731 09/17/2024 3135GO6E8 1291 Federal National Mtg Assn 11/18/2020 500,000.00 460,140.00 499,250.00 0.420 1,461 718 0.458 11/18/2024 3133ENGN4 1355 Federal Farm Credit Bank 12/09/2021 1,000,000.00 928,900.00 1,000,000.00 0.970 1,096 739 0.970 12/09/2024 Portfolio CITY CID Run Date: 03/06/2023 - 16:30 PM (PRF_PM2) 7.3.0 Report Ver. 7.3.6.1 City of La Quinta Portfolio Management Portfolio Details - Investments November 30, 2022 Page 2 Average Purchase Stated Days to YTM Maturity CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365 Date Federal Agency Coupon Securities 3135GAAW1 1300 Federal National Mtg Assn 12/30/2020 500,000.00 458,060.00 500,000.00 0.400 1,461 760 0.400 12/30/2024 3130AP21-18 1353 Federal Home Loan Bank 12/07/2021 1,000,000.00 917,400.00 987,100.00 0.550 1,127 768 0.976 01/07/2025 3130AQWY5 1374 Federal Home Loan Bank 02/25/2022 1,000,000.00 937,060.00 1,000,000.00 1.700 1,095 816 1.700 02/24/2025 3135G031-15 1365 Federal National Mtg Assn 01/28/2022 500,000.00 457,495.00 487,790.00 0.625 1,180 873 1.400 04/22/2025 3134GVYG7 1279 Federal Home Loan Mtg Corp 05/27/2020 1,000,000.00 912,940.00 1,000,000.00 0.625 1,826 908 0.625 05/27/2025 3133ELH23 1280 Federal Farm Credit Bank 06/09/2020 500,000.00 455,215.00 499,850.00 0.500 1,826 921 0.506 06/09/2025 3133ELH80 1282 Federal Farm Credit Bank 06/10/2020 500,000.00 451,020.00 500,000.00 0.680 1,826 922 0.680 06/10/2025 3130AJKW8 1281 Federal Home Loan Bank 06/03/2020 500,000.00 455,360.00 499,850.00 0.500 1,836 925 0.506 06/13/2025 3130AJRP6 1283 Federal Home Loan Bank 06/30/2020 300,000.00 271,773.00 300,000.00 0.680 1,826 942 0.680 06/30/2025 3137EAEU9 1297 Federal Home Loan Mtg Corp 12/07/2020 1,000,000.00 905,390.00 997,300.00 0.375 1,687 963 0.434 07/21/2025 3137EAEU9 1361 Federal Home Loan Mtg Corp 01/05/2022 500,000.00 452,695.00 487,090.00 0.375 1,293 963 1.120 07/21/2025 3135G05S8 1288 Federal National Mtg Assn 08/14/2020 500,000.00 449,010.00 500,000.00 0.500 1,826 987 0.500 08/14/2025 3136G4M75 1290 Federal National Mtg Assn 08/28/2020 500,000.00 452,540.00 499,750.00 0.520 1,816 991 0.530 08/18/2025 3136G4N74 1289 Federal National Mtg Assn 08/21/2020 1,000,000.00 902,120.00 1,000,000.00 0.560 1,826 994 0.560 08/21/2025 3137EAEX3 1307 Federal Home Loan Mtg Corp 02/23/2021 500,000.00 449,490.00 495,999.50 0.375 1,673 1,027 0.552 09/23/2025 3137EAEX3 1310 Federal Home Loan Mtg Corp 03/30/2021 1,000,000.00 898,980.00 983,940.00 0.375 1,638 1,027 0.740 09/23/2025 3130ARGJ4 1385 Federal Home Loan Bank 04/14/2022 500,000.00 473,090.00 500,000.00 2.500 1,279 1,048 2.500 10/14/2025 3134GW5R3 1362 Federal Home Loan Mtg Corp 01/05/2022 400,000.00 358,488.00 391,360.00 0.650 1,391 1,061 1.232 10/27/2025 3135G06G3 1354 Federal National Mtg Assn 12/07/2021 1,000,000.00 897,710.00 976,300.00 0.500 1,431 1,072 1.120 11/07/2025 3135GA2Z3 1292 Federal National Mtg Assn 11/17/2020 500,000.00 446,730.00 499,250.00 0.560 1,826 1,082 0.590 11/17/2025 3130AKFA9 1298 Federal Home Loan Bank 12/07/2020 500,000.00 446,540.00 497,400.00 0.375 1,831 1,107 0.480 12/12/2025 3135GA7137 1299 Federal National Mtg Assn 12/23/2020 500,000.00 445,875.00 500,000.00 0.600 1,826 1,118 0.600 12/23/2025 3134GXGZ1 1301 Federal Home Loan Mtg Corp 12/30/2020 500,000.00 447,665.00 500,000.00 0.550 1,826 1,125 0.550 12/30/2025 3130AKMZ6 1302 Federal Home Loan Bank 01/14/2021 500,000.00 443,025.00 500,000.00 0.510 1,826 1,140 0.510 01/14/2026 313OAKN28 1304 Federal Home Loan Bank 01/29/2021 500,000.00 442,945.00 500,000.00 0.550 1,826 1,155 0.550 01/29/2026 3130ALV92 1312 Federal Home Loan Bank 03/30/2021 500,000.00 452,385.00 500,000.00 1.050 1,826 1,215 0.938 03/30/2026 3130AMFS6 1324 Federal Home Loan Bank 06/17/2021 1,000,000.00 890,240.00 993,420.00 0.750 1,821 1,289 0.885 06/12/2026 3133EM2C5 1330 Federal Farm Credit Bank 08/10/2021 500,000.00 438,685.00 498,000.00 0.710 1,826 1,348 0.792 08/10/2026 3133EM4X7 1338 Federal Farm Credit Bank 09/28/2021 1,000,000.00 882,970.00 991,080.00 0.800 1,808 1,379 0.985 09/10/2026 3130APBM6 1337 Federal Home Loan Bank 09/30/2021 1,000,000.00 881,950.00 999,000.00 1.000 1,826 1,399 1.021 09/30/2026 3130APB46 1339 Federal Home Loan Bank 10/13/2021 1,000,000.00 879,380.00 998,250.00 0.950 1,826 1,412 0.986 10/13/2026 3134GW6C5 1359 Federal Home Loan Mtg Corp 01/05/2022 500,000.00 436,765.00 486,000.00 0.800 1,757 1,427 1.403 10/28/2026 3133ENCQ1 1344 Federal Farm Credit Bank 11/02/2021 1,000,000.00 890,690.00 1,000,000.00 1.270 1,826 1,432 1.270 11/02/2026 3130APTV7 1347 Federal Home Loan Bank 11/24/2021 500,000.00 451,040.00 499,500.00 0.700 1,826 1,454 1.489 11/24/2026 313OAQF65 1358 Federal Home Loan Bank 12/22/2021 1,000,000.00 896,150.00 999,750.00 1.250 1,825 1,481 1.255 12/21/2026 3134GWUQ7 1366 Federal Home Loan Mtg Corp 02/10/2022 1,000,000.00 866,750.00 945,570.00 0.700 1,784 1,490 1.870 12/30/2026 Portfolio CITY CID Run Date: 03/06/2023 - 16:30 PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Portfolio Details - Investments November 30, 2022 Page 3 Average Purchase Stated Days to YTM Maturity CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365 Date Federal Agency Coupon Securities 3130AQJR5 1364 Federal Home Loan Bank 01/27/2022 1,000,000.00 891,690.00 1,000,000.00 1.500 1,826 1,518 1.500 01/27/2027 3130AQSA2 1367 Federal Home Loan Bank 02/10/2022 1,000,000.00 903,470.00 1,000,000.00 1.830 1,826 1,532 1.830 02/10/2027 3130ARGY1 1387 Federal Home Loan Bank 04/19/2022 1,000,000.00 931,690.00 1,000,000.00 2.700 1,826 1,600 2.700 04/19/2027 3130ASDV8 1409 Federal Home Loan Bank 06/28/2022 300,000.00 284,508.00 300,000.00 3.300 1,826 1,670 3.300 06/28/2027 3133ENL99 1426 Federal Farm Credit Bank 09/15/2022 1,000,000.00 974,790.00 997,492.55 3.375 1,826 1,749 3.430 09/15/2027 3133ENQ29 1433 Federal Farm Credit Bank 09/30/2022 1,000,000.00 1,000,370.00 996,400.00 4.000 1,825 1,763 4.080 09/29/2027 3133EN31-11 1441 Federal Farm Credit Bank 11/29/2022 1,000,000.00 1,002,540.00 998,650.00 4.000 1,826 1,824 4.030 11/29/2027 Treasury Coupon Securities 91282CBD2 1394 91282CBD2 1402 912828N30 1407 912828N30 1412 9128283U2 1428 91282CBNO 1432 91282CBU4 1349 912828Q29 1431 91282CCD1 1350 91282CCN9 1341 912828T26 1217 91282CBA8 1351 91282CBEO 1342 91282CBR1 1352 91282CBV2 1360 912828XT2 1418 9128282U3 1400 91282CDB4 1343 9128283DO 1390 912828YV6 1241 91282CAT8 1311 91282CAZ4 1315 91282CBC4 1303 91282CBH3 1309 91282CBQ3 1319 91282CBQ3 1382 Run Date: 03/06/2023 - 16:30 Subtotal and Average 39,603,305.76 40,750,000.00 37,582,391.50 40,535,379.09 1,621 1,047 1.384 U.S. Treasury 06/06/2022 2,000,000.00 1,993,680.00 1,982,265.63 0.125 208 30 1.705 12/31/2022 U.S. Treasury 06/13/2022 3,000,000.00 2,990,520.00 2,972,578.13 0.125 201 30 1.812 12/31/2022 U.S. Treasury 06/28/2022 2,000,000.00 1,996,860.00 1,996,240.00 2.125 186 30 2.501 12/31/2022 U.S. Treasury 06/30/2022 2,000,000.00 1,996,860.00 1,996,680.00 2.125 184 30 2.461 12/31/2022 U.S. Treasury 09/30/2022 3,000,000.00 2,990,730.00 2,988,390.00 2.375 123 61 3.533 01/31/2023 U.S. Treasury 09/30/2022 3,000,000.00 2,968,560.00 2,956,788.66 0.125 151 89 3.630 02/28/2023 U.S. Treasury 12/07/2021 1,000,000.00 985,700.00 996,718.75 0.125 479 120 0.376 03/31/2023 U.S. Treasury 09/30/2022 2,000,000.00 1,980,260.00 1,977,200.00 1.500 182 120 3.824 03/31/2023 U.S. Treasury 12/07/2021 1,000,000.00 977,890.00 995,468.75 0.125 540 181 0.432 05/31/2023 U.S. Treasury 10/22/2021 500,000.00 484,865.00 497,792.97 0.125 647 242 0.375 07/31/2023 U.S. Treasury 08/21/2019 500,000.00 486,230.00 499,300.00 1.375 1,501 303 1.410 09/30/2023 U.S. Treasury 12/07/2021 1,000,000.00 953,400.00 990,000.00 0.125 738 379 0.623 12/15/2023 U.S. Treasury 10/22/2021 1,000,000.00 950,510.00 991,000.00 0.125 815 410 0.531 01/15/2024 U.S. Treasury 12/07/2021 1,000,000.00 945,310.00 989,800.00 0.250 829 470 0.704 03/15/2024 U.S. Treasury 01/05/2022 500,000.00 471,795.00 494,882.81 0.375 831 501 0.830 04/15/2024 U.S. Treasury 05/04/2022 1,000,000.00 962,340.00 985,240.00 2.000 758 547 2.736 05/31/2024 U.S. Treasury 06/09/2022 500,000.00 477,715.00 490,850.00 1.875 814 639 2.727 08/31/2024 U.S. Treasury 10/22/2021 1,000,000.00 932,190.00 996,320.00 0.625 1,089 684 0.750 10/15/2024 U.S. Treasury 05/03/2022 1,000,000.00 960,510.00 985,190.00 2.250 912 700 2.870 10/31/2024 U.S. Treasury 12/16/2019 1,000,000.00 944,920.00 989,687.50 1.500 1,811 730 1.718 11/30/2024 U.S. Treasury 03/30/2021 1,000,000.00 895,200.00 977,500.00 0.250 1,676 1,065 0.750 10/31/2025 U.S. Treasury 04/22/2021 500,000.00 447,735.00 492,187.50 0.375 1,683 1,095 0.720 11/30/2025 U.S. Treasury 01/07/2021 500,000.00 447,090.00 498,632.81 0.375 1,819 1,126 0.431 12/31/2025 U.S. Treasury 02/23/2021 500,000.00 445,315.00 495,100.00 0.375 1,803 1,157 0.577 01/31/2026 U.S. Treasury 05/28/2021 500,000.00 445,880.00 494,165.00 0.500 1,737 1,185 0.750 02/28/2026 U.S. Treasury 03/23/2022 750,000.00 668,820.00 698,025.00 0.500 1,438 1,185 2.353 02/28/2026 Portfolio CITY CID PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Portfolio Details - Investments November 30, 2022 Page 4 Average Purchase Stated Days to YTM Maturity CUSIP Investment X Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365 Date Treasury Coupon Securities 91282CBT7 1320 U.S. Treasury 05/28/2021 500,000.00 448,985.00 499,525.00 0.750 1,768 1,216 0.770 03/31/2026 91282CBT7 1322 U.S. Treasury 06/17/2021 500,000.00 448,985.00 498,450.00 0.750 1,748 1,216 0.816 03/31/2026 9128286S4 1383 U.S. Treasury 03/23/2022 1,000,000.00 946,600.00 999,010.00 2.375 1,499 1,246 2.400 04/30/2026 91282CCF6 1321 U.S. Treasury 06/01/2021 1,000,000.00 892,770.00 997,060.00 0.750 1,825 1,277 0.810 05/31/2026 91282CCF6 1323 U.S. Treasury 06/17/2021 500,000.00 446,385.00 497,095.00 0.750 1,809 1,277 0.870 05/31/2026 91282CCP4 1335 U.S. Treasury 09/29/2021 1,000,000.00 884,690.00 983,750.00 0.625 1,766 1,338 0.970 07/31/2026 91282CCW9 1336 U.S. Treasury 09/29/2021 1,000,000.00 886,910.00 988,500.00 0.750 1,797 1,369 0.990 08/31/2026 91282CCW9 1380 U.S. Treasury 03/22/2022 500,000.00 443,455.00 466,454.17 0.750 1,623 1,369 2.350 08/31/2026 91282CDG3 1381 U.S. Treasury 03/22/2022 500,000.00 448,320.00 473,396.82 1.125 1,684 1,430 2.350 10/31/2026 912828Z78 1369 U.S. Treasury 02/10/2022 1,000,000.00 906,170.00 986,700.00 1.500 1,816 1,522 1.781 01/31/2027 91282CEF4 1391 U.S. Treasury 05/03/2022 1,000,000.00 942,970.00 976,860.00 2.500 1,793 1,581 3.010 03/31/2027 91282CEN7 1398 U.S. Treasury 06/08/2022 500,000.00 476,310.00 495,000.00 2.750 1,787 1,611 2.971 04/30/2027 912828X88 1397 U.S. Treasury 06/07/2022 1,000,000.00 936,880.00 969,687.50 2.375 1,803 1,626 3.041 05/15/2027 91282CET4 1399 U.S. Treasury 06/08/2022 500,000.00 473,830.00 491,842.18 2.625 1,818 1,642 2.980 05/31/2027 91282CFB2 1417 U.S. Treasury 08/15/2022 1,000,000.00 951,330.00 989,460.00 2.750 1,811 1,703 2.980 07/31/2027 91282CFB2 1422 U.S. Treasury 08/29/2022 1,000,000.00 951,330.00 979,645.67 2.750 1,797 1,703 3.200 07/31/2027 9128282RO 1439 U.S. Treasury 11/18/2022 1,000,000.00 929,880.00 927,110.00 2.250 1,731 1,718 3.950 08/15/2027 Subtotal and Average 52,789,979.39 45,250,000.00 43,216,685.00 44,647,549.85 943 663 2.089 Treasury Discount Notes 912796YB9 1423 U.S. Treasury 09/02/2022 3,000,000.00 2,967,690.00 2,951,409.30 3.221 181 91 3.366 03/02/2023 912796YB9 1424 U.S. Treasury 09/02/2022 2,000,000.00 1,978,460.00 1,967,621.12 3.220 181 91 3.365 03/02/2023 912796YV5 1436 U.S. Treasury 11/02/2022 5,000,000.00 4,909,650.00 4,893,349.12 4.363 176 147 4.583 04/27/2023 912796YV5 1437 U.S. Treasury 11/07/2022 2,000,000.00 1,963,860.00 1,958,436.61 4.375 171 147 4.593 04/27/2023 Subtotal and Average 11,216,017.19 12,000,000.00 11,819,660.00 11,770,816.15 177 124 4.076 Certificate of Deposits 58404DCX7 1169 Medallion Bank 12/07/2018 248,000.00 247,968.74 248,000.00 3.400 1,461 6 3.402 12/07/2022 75701LAB3 1166 Red Rocks Credit Union 12/07/2018 248,000.00 247,966.34 248,000.00 3.350 1,461 6 3.352 12/07/2022 499724AB8 1110 Knoxville TVA Credit Union 12/29/2017 245,000.00 244,677.33 245,000.00 2.400 1,826 28 2.401 12/29/2022 49228XAK6 1239 Kern FCU 12/30/2019 248,000.00 247,559.22 248,000.00 1.900 1,096 29 1.902 12/30/2022 79772FACO 1240 San Francisco FCU 12/30/2019 248,000.00 247,548.92 248,000.00 1.850 1,096 29 1.852 12/30/2022 949495AT2 1244 Wells Fargo Natl Bank West 01/29/2020 248,000.00 246,967.79 248,000.00 1.900 1,097 60 1.900 01/30/2023 81768PAF3 1254 Servisfirst Bank 02/21/2020 248,000.00 246,426.58 248,000.00 1.600 1,096 82 1.601 02/21/2023 92535LCD4 1180 Verus Bank of Commerce 02/28/2019 248,000.00 246,972.10 248,000.00 2.700 1,461 89 2.700 02/28/2023 034577AH9 1119 Aneca Federal Credit Union 03/22/2018 245,000.00 243,613.78 245,000.00 2.800 1,826 111 2.802 03/22/2023 Portfolio CITY CID Run Date: 03/06/2023 - 16:30 PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Portfolio Details - Investments November 30, 2022 Page 5 CUSIP Investment # Average Issuer Balance Purchase Date Par Value Market Value Book Value Stated Rate Days to Term Maturity YTM 365 Maturity Date Certificate of Deposits 66704MEQO 1263 Northstar Bank 03/31/2020 248,000.00 244,848.80 248,000.00 1.150 1,095 120 1.150 03/31/2023 954444BS3 1265 West Michigan Cmnty Bk 03/31/2020 248,000.00 244,848.80 248,000.00 1.150 1,095 120 1.150 03/31/2023 17312QJ26 1123 Citibank NA 04/11/2018 245,000.00 243,288.02 245,000.00 2.900 1,826 131 2.902 04/11/2023 20726ABA5 1189 Congressional Bank 04/30/2019 248,000.00 245,646.77 248,000.00 2.500 1,459 148 2.502 04/28/2023 29278TAY6 1125 EnerBank USA 04/30/2018 240,000.00 238,164.36 240,000.00 2.950 1,824 148 2.952 04/28/2023 32117BCX4 1179 First National Bank 03/05/2019 248,000.00 245,697.20 248,000.00 2.800 1,522 155 2.802 05/05/2023 725404AB3 1194 Pittsfield Cooperative Bank 06/07/2019 245,000.00 241,736.96 245,000.00 2.500 1,461 188 2.502 06/07/2023 619165J136 1173 Morton Community 03/20/2019 248,000.00 244,782.24 248,000.00 2.750 1,553 201 2.753 06/20/2023 74934YAH4 1144 RCB Bank 06/20/2018 245,000.00 242,362.08 245,000.00 3.150 1,826 201 3.152 06/20/2023 02616AAH2 1285 American First CU 06/26/2020 248,000.00 241,306.97 248,000.00 0.350 1,095 207 0.350 06/26/2023 02772JBD1 1205 American National Bank 07/19/2019 248,000.00 243,048.09 248,000.00 2.000 1,461 230 2.001 07/19/2023 32110YLK9 1147 First National Bank of America 07/20/2018 245,000.00 241,869.08 245,000.00 3.150 1,826 231 3.152 07/20/2023 06426KAN8 1151 Bank of New England 07/31/2018 249,000.00 245,606.44 249,000.00 3.250 1,826 242 3.252 07/31/2023 75472RAD3 1218 Raymond James Bank 08/23/2019 244,000.00 238,227.33 244,000.00 1.950 1,461 265 1.951 08/23/2023 89579NCD3 1262 Triad Bank 03/30/2020 248,000.00 239,933.73 248,000.00 1.350 1,278 302 1.352 09/29/2023 57116ARV2 1155 Cache Valley BK F/K/A Marlin 10/17/2018 248,000.00 243,481.71 248,000.00 3.300 1,826 320 3.302 10/17/2023 625925AR3 1160 Municipal Trust and Savings 10/17/2018 245,000.00 240,323.56 245,000.00 3.200 1,826 320 3.202 10/17/2023 90348JEJ5 1161 UBS Bank USA 10/17/2018 245,000.00 240,642.76 245,000.00 3.350 1,826 320 3.352 10/17/2023 474067AQB 1154 Jefferson Financial CU 10/19/2018 245,000.00 240,639.79 245,000.00 3.350 1,826 322 3.352 10/19/2023 20143PDV9 1162 Commercial Bank 11/15/2018 248,000.00 243,116.83 248,000.00 3.400 1,826 349 3.402 11/15/2023 67054NAN3 1164 Numerica Credit Union 11/28/2018 248,000.00 243,305.31 248,000.00 3.550 1,826 362 3.552 11/28/2023 48115LAD6 1396 Jovia Financial Credit Union 06/07/2022 248,000.00 240,366.61 248,000.00 2.500 548 371 2.502 12/07/2023 635573AL2 1170 National Cooperative Bank, N.A 12/21/2018 245,000.00 239,520.19 245,000.00 3.400 1,826 385 3.402 12/21/2023 066851 WJ1 1172 Bar Harbor Bank and Trust 12/31/2018 248,000.00 242,162.38 248,000.00 3.350 1,824 393 3.352 12/29/2023 89269FDP7 1415 Tradition Capital 07/20/2022 246,000.00 239,141.67 246,000.00 3.000 551 417 3.008 01/22/2024 51210SQU4 1208 Lakeside Bank 07/30/2019 248,000.00 238,097.76 248,000.00 2.000 1,644 424 2.003 01/29/2024 77579ADFO 1251 Rollstone B&T 02/12/2020 245,000.00 234,187.58 245,000.00 1.650 1,461 438 1.651 02/12/2024 66736ABP3 1181 Northwest Bank 02/13/2019 248,000.00 240,742.05 248,000.00 2.950 1,826 439 2.951 02/13/2024 949763XY7 1174 Wells Fargo 02/27/2019 248,000.00 240,670.34 248,000.00 3.000 1,826 453 3.001 02/27/2024 50625LAW3 1384 Lafayette FCU 03/30/2022 248,000.00 237,374.96 248,000.00 2.050 729 483 2.053 03/28/2024 882213AB7 1260 Texas Bank Financial 03/31/2020 245,000.00 231,613.37 245,000.00 1.100 1,458 483 1.101 03/28/2024 472382AQ3 1272 The Jefferson Bank 04/15/2020 248,000.00 234,563.11 248,000.00 1.250 1,461 501 1.251 04/15/2024 08016PDQ9 1270 Belmont Bank and Trust 04/16/2020 248,000.00 234,537.32 248,000.00 1.250 1,461 502 1.251 04/16/2024 69506YRH4 1269 Pacific Western Bank 04/16/2020 245,000.00 231,985.62 245,000.00 1.300 1,461 502 1.301 04/16/2024 56065GAG3 1188 Main Street Bank 04/26/2019 248,000.00 238,865.60 248,000.00 2.600 1,827 512 2.603 04/26/2024 33640VDD7 1231 First Service Bank 11/15/2019 248,000.00 235,616.98 248,000.00 1.700 1,643 531 1.701 05/15/2024 Portfolio CITY CID Run Date: 03/06/2023 - 16:30 PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Portfolio Details - Investments November 30, 2022 Page 6 CUSIP Investment # Average Issuer Balance Purchase Date Par Value Market Value Book Value Stated Rate Days to Term Maturity YTM 365 Maturity Date Certificate of Deposits 48128HXU7 1185 JP Morgan Chase 05/16/2019 245,000.00 238,169.00 245,000.00 3.250 1,827 532 3.254 05/16/2024 46256YAZ2 1186 Iowa State Bank 05/23/2019 245,000.00 235,158.88 245,000.00 2.400 1,827 539 2.403 05/23/2024 538036GVO 1238 Live Oak Bank 11/27/2019 248,000.00 235,686.95 248,000.00 1.800 1,644 544 1.802 05/28/2024 156634AK3 1184 Century Next Bank 05/29/2019 248,000.00 238,191.41 248,000.00 2.500 1,827 545 2.503 05/29/2024 72651LCL6 1195 Plains Commerce Bank 06/07/2019 245,000.00 235,678.39 245,000.00 2.550 1,827 554 2.553 06/07/2024 299547AQ2 1196 Liberty FCU F/K/A Evansville T 06/12/2019 248,000.00 238,572.56 248,000.00 2.600 1,827 559 2.603 06/12/2024 524661CB9 1197 Legacy Bank 06/19/2019 248,000.00 237,710.67 248,000.00 2.400 1,827 566 2.403 06/19/2024 176688CP2 1199 Citizens State Bank 06/21/2019 248,000.00 237,675.91 248,000.00 2.400 1,827 568 2.403 06/21/2024 20416TAQ5 1202 Communitywide FCU O6/28/2019 248,000.00 236,984.37 248,000.00 2.250 1,827 575 2.253 06/28/2024 761402BY1 1203 Revere Bank 06/28/2019 247,000.00 236,313.69 247,000.00 2.300 1,827 575 2.303 06/28/2024 00257TBD7 1207 Abacus Federal Savings 07/26/2019 248,000.00 235,552.87 248,000.00 1.950 1,827 603 1.952 07/26/2024 33625CCP2 1209 First Security Bank of WA 07/30/2019 248,000.00 235,947.58 248,000.00 2.000 1,827 607 2.002 07/30/2024 710571DS6 1210 People's Bank 07/31/2019 248,000.00 236,206.35 248,000.00 2.000 1,827 608 2.002 07/31/2024 740367HP5 1213 Preferred Bank 08/16/2019 249,000.00 236,574.40 249,000.00 2.000 1,827 624 2.002 08/16/2024 33766LAJ7 1216 FirsTier Bank 08/23/2019 249,000.00 236,232.64 249,000.00 1.950 1,827 631 1.952 08/23/2024 938828131-12 1215 Washington Federal 08/23/2019 248,000.00 235,491.89 248,000.00 2.000 1,827 631 2.002 08/23/2024 336460CX6 1222 First State Bk DeQueen 08/30/2019 248,000.00 234,809.11 248,000.00 1.800 1,827 638 1.802 08/30/2024 334342CD2 1221 First Natl Bk of Syracuse 08/30/2019 249,000.00 235,967.08 249,000.00 1.850 1,827 638 1.852 08/30/2024 15118RRH2 1220 Celtic Bank 08/30/2019 248,000.00 235,019.42 248,000.00 1.850 1,827 638 1.852 08/30/2024 05580AD50 1333 BMW Bank 09/10/2021 245,000.00 227,055.51 245,000.00 0.650 1,096 649 0.651 09/10/2024 06652CHBO 1227 BankWest Inc 09/27/2019 248,000.00 233,818.62 248,000.00 1.700 1,827 666 1.702 09/27/2024 84223QAN7 1286 Southern Bancorp Bk 06/26/2020 248,000.00 228,091.51 248,000.00 0.500 1,582 694 0.500 10/25/2024 804375DL4 1235 Sauk Valley B&T Co 11/07/2019 248,000.00 233,621.92 248,000.00 1.700 1,827 707 1.702 11/07/2024 61690UNX4 1237 Morgan Stanley Bank 11/20/2019 245,000.00 231,836.59 245,000.00 1.950 1,827 720 1.952 11/20/2024 61760A363 1236 Morgan Stanley Private Bk, NA 11/20/2019 245,000.00 231,605.37 245,000.00 1.900 1,827 720 1.902 11/20/2024 064520BG3 1287 Bank Princeton 06/30/2020 248,000.00 227,136.78 248,000.00 0.500 1,644 760 0.500 12/30/2024 89388CEY0 1328 Transportation Alliance Bk TAB 07/23/2021 248,000.00 225,998.40 248,000.00 0.400 1,280 784 0.401 01/23/2025 06417NZQ9 1329 Bank OZK 07/29/2021 248,000.00 225,839.00 248,000.00 0.400 1,280 790 0.401 01/29/2025 90983WBT7 1249 United Community 02/07/2020 248,000.00 232,316.04 248,000.00 1.650 1,827 799 1.652 02/07/2025 32114VBT3 1250 First National Bank Michigan 02/14/2020 248,000.00 232,185.65 248,000.00 1.650 1,827 806 1.652 02/14/2025 35637RDC8 1248 Freedom Financial 02/14/2020 248,000.00 231,658.71 248,000.00 1.550 1,827 806 1.552 02/14/2025 029728BC5 1255 American State 02/21/2020 248,000.00 231,790.01 248,000.00 1.600 1,827 813 1.602 02/21/2025 17286TAG0 1252 Citadel FCU 02/27/2020 248,000.00 231,944.51 248,000.00 1.650 1,827 819 1.652 02/27/2025 00435JBH5 1256 Access Bank 03/13/2020 248,000.00 231,601.38 248,000.00 1.600 1,826 833 1.601 03/13/2025 849430BF9 1257 Spring Bank 03/20/2020 248,000.00 230,922.87 248,000.00 1.500 1,826 840 1.501 03/20/2025 05465DAE8 1258 Axos Bank 03/26/2020 248,000.00 231,635.62 248,000.00 1.650 1,826 846 1.651 03/26/2025 Portfolio CITY CID Run Date: 03/06/2023 - 16:30 PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Portfolio Details - Investments November 30, 2022 Page 7 CUSIP Investment # Average Issuer Balance Purchase Date Par Value Market Value Book Value Stated Rate Days to Term Maturity YTM 365 Maturity Date Certificate of Deposits 020080BX4 1267 Alma Bank 03/30/2020 248,000.00 230,216.32 248,000.00 1.400 1,824 848 1.399 03/28/2025 2027506M2 1268 Commonwealth Business Bk 03/31/2020 248,000.00 229,713.67 248,000.00 1.250 1,826 851 1.251 03/31/2025 654062JZ2 1266 Nicolet Natl Bank 03/31/2020 248,000.00 230,546.89 248,000.00 1.400 1,826 851 1.401 03/31/2025 14042TDD6 1271 Capital One USA FDIC33954 04/08/2020 245,000.00 228,646.20 245,000.00 1.600 1,826 859 1.601 04/08/2025 02007GPX5 1388 Ally Bank Midvale 04/21/2022 245,000.00 233,697.19 245,000.00 2.550 1,096 872 2.550 04/21/2025 52168UHY1 1389 Leader Bank 04/22/2022 245,000.00 233,685.27 245,000.00 2.550 1,096 873 2.552 04/22/2025 32112UDR9 1274 First Natl Bk McGregor 04/28/2020 248,000.00 229,514.51 248,000.00 1.350 1,826 879 1.351 04/28/2025 32027BALl 1273 First Freedom Bank 04/29/2020 249,000.00 229,556.99 249,000.00 1.200 1,826 880 1.201 04/29/2025 33847E3A3 1276 Flagstar 04/30/2020 248,000.00 229,263.09 248,000.00 1.250 1,826 881 1.251 04/30/2025 32056GDJ6 1278 1st Internet Bank 05/11/2020 248,000.00 227,408.09 248,000.00 1.000 1,827 893 0.985 05/12/2025 95960NKD8 1277 Western State Bank 05/13/2020 245,000.00 224,811.81 245,000.00 1.000 1,826 894 1.001 05/13/2025 254673E69 1392 Discover Bank Greenwood DE CF 05/24/2022 245,000.00 236,660.47 245,000.00 3.100 1,099 908 3.103 05/27/2025 169894AS1 1284 Chippewa Valley Bk 06/24/2020 248,000.00 224,251.88 248,000.00 0.600 1,826 936 0.600 06/24/2025 307811 DF3 1363 Farmers & Merch 01/14/2022 249,000.00 226,758.35 249,000.00 0.900 1,277 956 0.900 07/14/2025 70962LAF9 1331 Pentagon FCU 09/01/2021 249,000.00 224,812.82 249,000.00 0.700 1,462 1,006 0.687 09/02/2025 914242AAO 1429 University Credit Union 09/26/2022 248,000.00 245,354.89 248,000.00 4.000 1,096 1,030 3.891 09/26/2025 51507LCC6 1305 Landmark Community Bank 01/22/2021 248,000.00 220,170.77 248,000.00 0.500 1,826 1,148 0.500 01/22/2026 84229LBA9 1434 Southern Bank 10/28/2022 244,000.00 243,870.22 244,000.00 4.250 1,188 1,154 4.254 01/28/2026 87270LDL4 1306 TIAA FKA EverBank 02/12/2021 245,000.00 217,401.59 245,000.00 0.500 1,826 1,169 0.500 02/12/2026 64034KAZ4 1376 Nelnet Bank 03/02/2022 245,000.00 226,868.29 245,000.00 1.800 1,461 1,187 1.801 03/02/2026 39573LBC1 1313 Greenstate FCU 04/16/2021 249,000.00 223,204.11 249,000.00 0.950 1,826 1,232 0.951 04/16/2026 89235MKY6 1314 Toyota Financial Savings Bank 04/22/2021 245,000.00 219,312.86 245,000.00 0.900 1,826 1,238 0.900 04/22/2026 14622LAAO 1316 Carter FCU 04/27/2021 248,000.00 220,502.31 248,000.00 0.750 1,826 1,243 0.750 04/27/2026 31617CAV5 1317 Fidelity Homestead 04/30/2021 248,000.00 220,199.31 248,000.00 0.700 1,826 1,246 0.711 04/30/2026 501798RP9 1356 LCA Bank Corp 12/27/2021 248,000.00 221,887.45 248,000.00 1.000 1,642 1,303 1.000 06/26/2026 92559TAJ7 1325 Vibrant Credit Union 07/02/2021 249,000.00 220,991.25 248,377.50 0.800 1,824 1,307 0.852 06/30/2026 38149MXK4 1326 Goldman Sachs 07/28/2021 248,000.00 221,454.58 248,000.00 1.000 1,826 1,335 1.001 07/28/2026 795451AFO 1327 Sallie Mae Bank Salt Lake City 07/28/2021 248,000.00 221,454.58 248,000.00 1.000 1,826 1,335 1.001 07/28/2026 87165ET98 1332 Synchrony Bank Retail 09/03/2021 245,000.00 217,592.21 245,000.00 0.900 1,826 1,372 0.900 09/03/2026 20786ADL6 1334 Connect One 09/24/2021 248,000.00 218,768.78 248,000.00 0.800 1,826 1,393 0.800 09/24/2026 59013KPN0 1345 Merrick Bank 11/09/2021 249,000.00 221,873.63 249,000.00 1.100 1,826 1,439 1.101 11/09/2026 14042RQBO 1346 Capital One Natl Assn FDIC4297 11/17/2021 248,000.00 221,052.25 248,000.00 1.100 1,826 1,447 1.101 11/17/2026 20825WAR1 1357 Connexus CU 12/23/2021 249,000.00 222,714.54 249,000.00 1.250 1,826 1,483 1.250 12/23/2026 89786MAF1 1368 True Sky FCU 02/04/2022 245,000.00 222,175.20 245,000.00 1.600 1,826 1,526 1.601 02/04/2027 02357QAQ0 1372 Amerant Bank 02/14/2022 245,000.00 222,009.82 245,000.00 1.600 1,828 1,538 1.601 02/16/2027 07371AYE7 1370 Beal Bank TX 02/23/2022 245,000.00 224,857.71 245,000.00 1.900 1,820 1,539 1.901 02/17/2027 Portfolio CITY CID Run Date: 03/06/2023 - 16:30 PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Page Portfolio Details - Investments November 30, 2022 Average Purchase Stated Days to YTM Maturity CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365 Date Certificate of Deposits 073710E88 1371 Beal Bank USA 02/23/2022 245,000.00 224,857.71 245,000.00 1.900 1,820 1,539 1.901 02/17/2027 59161YAP1 1373 Metro Credit Union 02/18/2022 249,000.00 226,419.89 249,000.00 1.700 1,826 1,540 1.701 02/18/2027 24773RCR4 1377 Delta Nad B&T 03/09/2022 245,000.00 225,719.97 245,000.00 2.000 1,814 1,547 2.001 02/25/2027 27004PCM3 1375 Eaglemark Savings 03/02/2022 245,000.00 225,782.66 245,000.00 2.000 1,826 1,552 2.001 03/02/2027 91139LAB2 1378 United Roosevelt Savings 03/11/2022 248,000.00 227,324.58 248,000.00 1.900 1,826 1,561 1.901 03/11/2027 565819AG4 1379 Marathon Bnak 03/16/2022 248,000.00 226,274.66 248,000.00 1.800 1,826 1,566 1.801 03/16/2027 20033A3A2 1386 Comenity Capital Bank 04/14/2022 248,000.00 234,575.49 248,000.00 2.650 1,826 1,595 2.652 04/14/2027 397417AQ9 1419 Greenwoods State Bank 05/17/2022 248,000.00 238,543.75 248,000.00 3.050 1,826 1,628 3.052 05/17/2027 02589ADH2 1421 American Express, NB 08/29/2022 245,000.00 239,781.41 245,000.00 3.450 1,793 1,699 3.067 07/27/2027 88413QDN5 1420 Third Federal Savings and Loan 08/19/2022 245,000.00 238,262.46 245,000.00 3.300 1,826 1,722 3.302 08/19/2027 73232913138 1425 Ponce Bank 09/15/2022 248,000.00 243,374.46 248,000.00 3.500 1,826 1,749 3.502 09/15/2027 052392BT3 1427 Austin Telco FCU 09/21/2022 248,000.00 246,658.23 248,000.00 3.800 1,826 1,755 3.770 09/21/2027 22258JAB7 1430 County Schools FCU 09/30/2022 248,000.00 253,424.67 248,000.00 4.400 1,826 1,764 4.325 09/30/2027 34520LATO 1435 Forbright Bank 11/02/2022 248,000.00 255,900.56 248,000.00 4.600 1,826 1,797 4.602 11/02/2027 25460FDW3 1438 Direct FCU 11/07/2022 248,000.00 258,178.55 248,000.00 4.800 1,827 1,803 4.735 11/08/2027 914098DJ4 1442 University Bank 11/30/2022 249,000.00 252,605.58 249,000.00 4.200 1,826 1,825 4.202 11/30/2027 Subtotal and Average 32,962,477.50 32,870,000.00 31,233,969.36 32,869,377.50 1,660 783 2.046 Corporate Notes 931142DU4 1190 Wal-Mart Stores, Inc 04/16/2019 500,000.00 499,705.00 496,650.00 2.350 1,339 14 2.799 12/15/2022 19416QEA4 1175 Colgate-Palmolive 03/04/2019 500,000.00 497,420.00 485,250.00 1.950 1,430 62 2.751 02/01/2023 594918BQ6 1157 Microsoft Corporation 10/15/2018 400,000.00 393,056.00 378,360.00 2.000 1,758 250 3.222 08/08/2023 45950VPS9 1308 International Finance Corp. 02/26/2021 500,000.00 442,585.00 497,300.00 0.500 1,826 1,183 0.610 02/26/2026 Subtotal and Average 1,857,560.00 1,900,000.00 1,832,766.00 1,857,560.00 1,578 388 2.287 Money Market with Fiscal Agent SYS1058 1058 US Bank 07/01/2016 4,619.50 4,619.50 4,619.50 1 1 0.000 Subtotal and Average 4,610.35 4,619.50 4,619.50 4,619.50 1 1 0.000 CERBT - OPEB Trust SYS1114 1114 CalPERS CERBT Plan 07/01/2022 1,660,262.83 1,660,262.83 1,660,262.83 1 1 0.000 Subtotal and Average 1,660,262.83 1,660,262.83 1,660,262.83 1,660,262.83 1 1 0.000 PARS Pension Trust SYS1230 1230 Pblc Agncy Rtrmnt Sery Run Date: 03/06/2023 - 16:30 10, 206, 742.88 10, 206, 742.88 10, 206, 742.88 1 1 0.000 Portfolio CITY CID PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Portfolio Details - Investments November 30, 2022 Page 9 Average Purchase Stated Days to YTM CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365 Subtotal and Average 9,821,447.73 10,206,742.88 10,206,742.88 10,206,742.88 1 1 0.000 Total and Average 207,030,271.55 209,479,617.21 201,949,292.89 208,390,299.80 803 480 2.018 Portfolio CITY CID Run Date: 03/06/2023 - 16:30 PM (PRF_PM2) 7.3.0 t(v Qaigr(v GEM of the DESERT - City of La Quinta Total Earnings Sorted by Fund - Fund November 1, 2022 - November 30, 2022 City of La Quinta CUSIP Investment # Fund Issuer Ending Par Value Beginning Book Value Ending Book Value Current Rate Annualized Yield Interest Earned Adjusted Interest Earnings Amortization/ Realized Accretion Gainl/Loss Adjusted Interest Earnings Fund: General Fund 98-33-434 1055 101 LAIF 18,832,216.42 18,832,216.42 18,832,216.42 2.007 2.074 32,095.45 0.00 0.00 32,095.45 SYS1059 1059 101 CITYPC 3,300.00 3,300.00 3,300.00 0.00 0.00 0.00 0.00 62384RACO 1099 101 MTNAMR 0.00 245,000.00 0.00 2.300 2.300 123.51 0.00 0.00 123.51 22766AC139 1106 101 CRS1ST 0.00 245,000.00 0.00 2.200 2.200 265.81 0.00 0.00 265.81 29367QCP1 1107 101 ENTRPR 0.00 245,000.00 0.00 2.150 2.150 404.09 0.00 0.00 404.09 499724AB8 1110 101 KNOX 245,000.00 245,000.00 245,000.00 2.400 2.400 483.29 0.00 0.00 483.29 SYS1114 1114 101 CALPRS 1,660,262.83 1,660,262.83 1,660,262.83 0.00 0.00 0.00 0.00 034577AH9 1119 101 ANECA 245,000.00 245,000.00 245,000.00 2.800 2.800 563.84 0.00 0.00 563.84 17312QJ26 1123 101 CITINA 245,000.00 245,000.00 245,000.00 2.900 2.900 583.97 0.00 0.00 583.97 29278TAY6 1125 101 ENER 240,000.00 240,000.00 240,000.00 2.950 2.950 581.92 0.00 0.00 581.92 74934YAH4 1144 101 RCB 245,000.00 245,000.00 245,000.00 3.150 3.150 634.32 0.00 0.00 634.32 32110YLK9 1147 101 1STNBA 245,000.00 245,000.00 245,000.00 3.150 3.150 634.32 0.00 0.00 634.32 06426KANB 1151 101 NWENGL 249,000.00 249,000.00 249,000.00 3.250 3.250 665.14 0.00 0.00 665.14 SYS1153 1153 101 CAMP 28,164,426.56 28,074,326.46 28,164,426.56 3.900 3.905 90,100.10 0.00 0.00 90,100.10 474067AQ8 1154 101 JEFF 245,000.00 245,000.00 245,000.00 3.350 3.350 674.59 0.00 0.00 674.59 57116ARV2 1155 101 MARBUS 248,000.00 248,000.00 248,000.00 3.300 3.300 672.66 0.00 0.00 672.66 594918BQ6 1157 101 MCRSFT 400,000.00 378,360.00 378,360.00 2.000 2.144 666.67 0.00 0.00 666.67 3133EJYL7 1158 101 FFCB 250,000.00 247,275.00 247,275.00 2.800 2.870 583.33 0.00 0.00 583.33 625925AR3 1160 101 MUNTRS 245,000.00 245,000.00 245,000.00 3.200 3.200 644.38 0.00 0.00 644.38 90348JEJ5 1161 101 UBS 245,000.00 245,000.00 245,000.00 3.350 3.350 674.59 0.00 0.00 674.59 20143PDV9 1162 101 COMMBK 248,000.00 248,000.00 248,000.00 3.400 3.400 693.04 0.00 0.00 693.04 67054NAN3 1164 101 NMRCA 248,000.00 248,000.00 248,000.00 3.550 3.550 723.62 0.00 0.00 723.62 75701LAB3 1166 101 REDRCK 248,000.00 248,000.00 248,000.00 3.350 3.350 682.85 0.00 0.00 682.85 58404DCX7 1169 101 MEDBA 248,000.00 248,000.00 248,000.00 3.400 3.400 693.04 0.00 0.00 693.04 635573AL2 1170 101 NLCOOP 245,000.00 245,000.00 245,000.00 3.400 3.400 684.66 0.00 0.00 684.66 066851WJ1 1172 101 BARHAR 248,000.00 248,000.00 248,000.00 3.350 3.350 682.85 0.00 0.00 682.85 619165JD6 1173 101 MORTN 248,000.00 248,000.00 248,000.00 2.750 2.750 560.55 0.00 0.00 560.55 949763XY7 1174 101 WELLS 248,000.00 248,000.00 248,000.00 3.000 3.000 611.51 0.00 0.00 611.51 19416QEA4 1175 101 COLGTE 500,000.00 485,250.00 485,250.00 1.950 2.037 812.50 0.00 0.00 812.50 3130AFW94 1177 101 FHLB 500,000.00 498,550.00 498,550.00 2.500 2.542 1,041.67 0.00 0.00 1,041.67 Run Date: 03/07/2023 - 13:35 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 2 November 1, 2022 - November 30, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund 32117BCX4 1179 101 1STNBK 248,000.00 248,000.00 248,000.00 2.800 2.800 570.74 0.00 0.00 570.74 92535LCD4 1180 101 VERUS 248,000.00 248,000.00 248,000.00 2.700 2.700 550.35 0.00 0.00 550.35 66736ABP3 1181 101 NRTHWS 248,000.00 248,000.00 248,000.00 2.950 2.950 601.32 0.00 0.00 601.32 156634AK3 1184 101 CENTNX 248,000.00 248,000.00 248,000.00 2.500 2.500 509.60 0.00 0.00 509.60 48128HXU7 1185 101 JPMORG 245,000.00 245,000.00 245,000.00 3.250 3.250 654.45 0.00 0.00 654.45 46256YAZ2 1186 101 IOWAST 245,000.00 245,000.00 245,000.00 2.400 2.400 483.29 0.00 0.00 483.29 56065GAG3 1188 101 MAINST 248,000.00 248,000.00 248,000.00 2.600 2.600 529.97 0.00 0.00 529.97 20726ABA5 1189 101 CONGRS 248,000.00 248,000.00 248,000.00 2.500 2.500 509.59 0.00 0.00 509.59 931142DU4 1190 101 WALMRT 500,000.00 496,650.00 496,650.00 2.350 2.399 979.17 0.00 0.00 979.17 725404AB3 1194 101 PITTS 245,000.00 245,000.00 245,000.00 2.500 2.500 503.43 0.00 0.00 503.43 72651LCL6 1195 101 PLAINS 245,000.00 245,000.00 245,000.00 2.550 2.550 513.49 0.00 0.00 513.49 299547AQ2 1196 101 EVNSCU 248,000.00 248,000.00 248,000.00 2.600 2.600 529.97 0.00 0.00 529.97 524661CB9 1197 101 LEGCY 248,000.00 248,000.00 248,000.00 2.400 2.400 489.21 0.00 0.00 489.21 3133EKQP4 1198 101 FFCB 500,000.00 499,500.00 499,500.00 1.875 1.903 781.25 0.00 0.00 781.25 176688CP2 1199 101 CTZNST 248,000.00 248,000.00 248,000.00 2.400 2.400 489.20 0.00 0.00 489.20 20416TAQ5 1202 101 COMMW 248,000.00 248,000.00 248,000.00 2.250 2.250 458.63 0.00 0.00 458.63 761402BY1 1203 101 REVER 247,000.00 247,000.00 247,000.00 2.300 2.300 466.93 0.00 0.00 466.93 02772JBD1 1205 101 AMRNTL 248,000.00 248,000.00 248,000.00 2.000 2.000 407.67 0.00 0.00 407.67 3135GOV75 1206 101 FNMA 500,000.00 495,950.00 495,950.00 1.750 1.789 729.17 0.00 0.00 729.17 00257TBD7 1207 101 ABACUS 248,000.00 248,000.00 248,000.00 1.950 1.950 397.48 0.00 0.00 397.48 51210SQU4 1208 101 LKSIDE 248,000.00 248,000.00 248,000.00 2.000 2.000 407.67 0.00 0.00 407.67 33625CCP2 1209 101 1STSEC 248,000.00 248,000.00 248,000.00 2.000 2.000 407.67 0.00 0.00 407.67 710571 DS6 1210 101 PEOPLE 248,000.00 248,000.00 248,000.00 2.000 2.000 407.67 0.00 0.00 407.67 3133EKWV4 1212 101 FFCB 500,000.00 499,500.00 499,500.00 1.850 1.878 770.84 0.00 0.00 770.84 740367HP5 1213 101 PREFRD 249,000.00 249,000.00 249,000.00 2.000 2.000 409.32 0.00 0.00 409.32 938828131-12 1215 101 WSHFED 248,000.00 248,000.00 248,000.00 2.000 2.000 407.67 0.00 0.00 407.67 33766LAJ7 1216 101 1STIER 249,000.00 249,000.00 249,000.00 1.950 1.950 399.08 0.00 0.00 399.08 912828T26 1217 101 USTR 500,000.00 499,300.00 499,300.00 1.375 1.381 566.62 0.00 0.00 566.62 75472RAD3 1218 101 RAYJAM 244,000.00 244,000.00 244,000.00 1.950 1.950 391.07 0.00 0.00 391.07 15118RRH2 1220 101 CELTIC 248,000.00 248,000.00 248,000.00 1.850 1.850 377.10 0.00 0.00 377.10 334342CD2 1221 101 1STNBS 249,000.00 249,000.00 249,000.00 1.850 1.850 378.62 0.00 0.00 378.62 336460CX6 1222 101 1STDQN 248,000.00 248,000.00 248,000.00 1.800 1.800 366.90 0.00 0.00 366.90 3133EKZK5 1223 101 FFCB 500,000.00 499,400.00 499,400.00 1.600 1.624 666.67 0.00 0.00 666.67 3133EKP75 1224 101 FFCB 500,000.00 498,750.00 498,750.00 1.600 1.626 666.66 0.00 0.00 666.66 06652CHBO 1227 101 BNKWST 248,000.00 248,000.00 248,000.00 1.700 1.700 346.52 0.00 0.00 346.52 059731851 1228 101 BOTW 4,792,555.30 4,001,164.24 4,792,555.30 0.01 0.00 0.00 0.01 SYS1230 1230 101 PARS 10,206,742.88 9,808,161.69 10,206,742.88 0.00 0.00 0.00 0.00 Run Date: 03/07/2023 - 13:35 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 3 November 1, 2022 - November 30, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund 33640VDD7 1231 101 1STSER 248,000.00 248,000.00 248,000.00 1.700 1.700 346.52 0.00 0.00 346.52 3133EK4X1 1234 101 FFCB 1,000,000.00 996,900.00 996,900.00 1.600 1.627 1,333.33 0.00 0.00 1,333.33 804375DL4 1235 101 SAUKVL 248,000.00 248,000.00 248,000.00 1.700 1.700 346.52 0.00 0.00 346.52 61760A3133 1236 101 MSPRIV 245,000.00 245,000.00 245,000.00 1.900 1.900 382.61 0.00 0.00 382.61 61690UNX4 1237 101 MORGST 245,000.00 245,000.00 245,000.00 1.950 1.950 392.67 0.00 0.00 392.67 538036GV0 1238 101 LIVEOK 248,000.00 248,000.00 248,000.00 1.800 1.800 366.90 0.00 0.00 366.90 49228XAK6 1239 101 KERNCU 248,000.00 248,000.00 248,000.00 1.900 1.900 387.29 0.00 0.00 387.29 79772FAC0 1240 101 SF FCU 248,000.00 248,000.00 248,000.00 1.850 1.850 377.10 0.00 0.00 377.10 912828YV6 1241 101 USTR 1,000,000.00 989,687.50 989,687.50 1.500 1.512 1,229.73 0.00 0.00 1,229.73 3133ELEA8 1242 101 FFCB 1,000,000.00 998,600.00 998,600.00 1.700 1.726 1,416.66 0.00 0.00 1,416.66 949495AT2 1244 101 WFNBW 248,000.00 248,000.00 248,000.00 1.900 1.900 387.29 0.00 0.00 387.29 3133ELNE0 1246 101 FFCB 1,000,000.00 999,000.00 999,000.00 1.430 1.451 1,191.67 0.00 0.00 1,191.67 35637RDC8 1248 101 FRDMFI 248,000.00 248,000.00 248,000.00 1.550 1.550 315.95 0.00 0.00 315.95 90983WBT7 1249 101 UNTDCM 248,000.00 248,000.00 248,000.00 1.650 1.650 336.33 0.00 0.00 336.33 32114VBT3 1250 101 1STNM1 248,000.00 248,000.00 248,000.00 1.650 1.650 336.33 0.00 0.00 336.33 77579ADF0 1251 101 RLLSTN 245,000.00 245,000.00 245,000.00 1.650 1.650 332.26 0.00 0.00 332.26 17286TAG0 1252 101 CITADL 248,000.00 248,000.00 248,000.00 1.650 1.650 336.33 0.00 0.00 336.33 81768PAF3 1254 101 SERVIS 248,000.00 248,000.00 248,000.00 1.600 1.600 326.14 0.00 0.00 326.14 029728BC5 1255 101 AMERST 248,000.00 248,000.00 248,000.00 1.600 1.600 326.14 0.00 0.00 326.14 00435JBH5 1256 101 ACCSS 248,000.00 248,000.00 248,000.00 1.600 1.600 326.14 0.00 0.00 326.14 849430BF9 1257 101 SPRING 248,000.00 248,000.00 248,000.00 1.500 1.500 305.76 0.00 0.00 305.76 05465DAE8 1258 101 AXOS 248,000.00 248,000.00 248,000.00 1.650 1.650 336.33 0.00 0.00 336.33 882213A137 1260 101 TEXAS 245,000.00 245,000.00 245,000.00 1.100 1.100 221.51 0.00 0.00 221.51 89579NCD3 1262 101 TRIAD 248,000.00 248,000.00 248,000.00 1.350 1.350 275.18 0.00 0.00 275.18 66704MEQ0 1263 101 NRTHSR 248,000.00 248,000.00 248,000.00 1.150 1.150 234.41 0.00 0.00 234.41 954444BS3 1265 101 WESTMI 248,000.00 248,000.00 248,000.00 1.150 1.150 234.41 0.00 0.00 234.41 654062JZ2 1266 101 NCOLET 248,000.00 248,000.00 248,000.00 1.400 1.400 285.37 0.00 0.00 285.37 020080BX4 1267 101 ALMABK 248,000.00 248,000.00 248,000.00 1.400 1.400 285.37 0.00 0.00 285.37 2027506M2 1268 101 CMWBUS 248,000.00 248,000.00 248,000.00 1.250 1.250 254.79 0.00 0.00 254.79 69506YRH4 1269 101 PACWST 245,000.00 245,000.00 245,000.00 1.300 1.300 261.78 0.00 0.00 261.78 08016PDQ9 1270 101 BELB&T 248,000.00 248,000.00 248,000.00 1.250 1.250 254.79 0.00 0.00 254.79 14042TDD6 1271 101 CAPONE 245,000.00 245,000.00 245,000.00 1.600 1.600 322.20 0.00 0.00 322.20 472382AQ3 1272 101 THEJEF 248,000.00 248,000.00 248,000.00 1.250 1.250 254.80 0.00 0.00 254.80 32027BALl 1273 101 1STFDM 249,000.00 249,000.00 249,000.00 1.200 1.200 245.60 0.00 0.00 245.60 32112UDR9 1274 101 1STMCG 248,000.00 248,000.00 248,000.00 1.350 1.350 275.18 0.00 0.00 275.18 33847E3A3 1276 101 FLGSTR 248,000.00 248,000.00 248,000.00 1.250 1.250 254.79 0.00 0.00 254.79 95960NKD8 1277 101 WSTRNS 245,000.00 245,000.00 245,000.00 1.000 1.000 201.37 0.00 0.00 201.37 Run Date: 03/07/2023 - 13:35 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 4 November 1, 2022 - November 30, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund 32056GDJ6 1278 101 1STINT 248,000.00 248,000.00 248,000.00 1.000 1.000 203.84 0.00 0.00 203.84 3134GVYG7 1279 101 FHLMC 1,000,000.00 1,000,000.00 1,000,000.00 0.625 0.634 520.83 0.00 0.00 520.83 3133ELH23 1280 101 FFCB 500,000.00 499,850.00 499,850.00 0.500 0.507 208.33 0.00 0.00 208.33 3130AJKW8 1281 101 FHLB 500,000.00 499,850.00 499,850.00 0.500 0.507 208.34 0.00 0.00 208.34 3133ELH80 1282 101 FFCB 500,000.00 500,000.00 500,000.00 0.680 0.689 283.33 0.00 0.00 283.33 3130AJRP6 1283 101 FHLB 300,000.00 300,000.00 300,000.00 0.680 0.689 170.00 0.00 0.00 170.00 169894AS1 1284 101 CHIPVA 248,000.00 248,000.00 248,000.00 0.600 0.600 122.30 0.00 0.00 122.30 02616AAH2 1285 101 AMRIST 248,000.00 248,000.00 248,000.00 0.350 0.350 71.34 0.00 0.00 71.34 84223QAN7 1286 101 STHRNB 248,000.00 248,000.00 248,000.00 0.500 0.500 101.92 0.00 0.00 101.92 064520BG3 1287 101 BKPRNC 248,000.00 248,000.00 248,000.00 0.500 0.500 101.92 0.00 0.00 101.92 3135G05S8 1288 101 FNMA 500,000.00 500,000.00 500,000.00 0.500 0.507 208.34 0.00 0.00 208.34 3136G4N74 1289 101 FNMA 1,000,000.00 1,000,000.00 1,000,000.00 0.560 0.568 466.67 0.00 0.00 466.67 3136G4M75 1290 101 FNMA 500,000.00 499,750.00 499,750.00 0.520 0.527 216.67 0.00 0.00 216.67 3135G06E8 1291 101 FNMA 500,000.00 499,250.00 499,250.00 0.420 0.426 175.00 0.00 0.00 175.00 3135GA2Z3 1292 101 FNMA 500,000.00 499,250.00 499,250.00 0.560 0.569 233.33 0.00 0.00 233.33 SYS1293 1293 101 BNY 9,904,170.65 9,461,545.73 9,904,170.65 0.00 0.00 0.00 0.00 3137EAEU9 1297 101 FHLMC 1,000,000.00 997,300.00 997,300.00 0.375 0.381 312.50 0.00 0.00 312.50 3130AKFA9 1298 101 FHLB 500,000.00 497,400.00 497,400.00 0.375 0.382 156.25 0.00 0.00 156.25 3135GA7D7 1299 101 FNMA 500,000.00 500,000.00 500,000.00 0.600 0.608 250.00 0.00 0.00 250.00 3135GAAW1 1300 101 FNMA 500,000.00 500,000.00 500,000.00 0.400 0.406 166.67 0.00 0.00 166.67 3134GXGZ1 1301 101 FHLMC 500,000.00 500,000.00 500,000.00 0.550 0.558 229.16 0.00 0.00 229.16 3130AKMZ6 1302 101 FHLB 500,000.00 500,000.00 500,000.00 0.510 0.517 212.50 0.00 0.00 212.50 91282CBC4 1303 101 USTR 500,000.00 498,632.81 498,632.81 0.375 0.373 152.86 0.00 0.00 152.86 3130AKN28 1304 101 FHLB 500,000.00 500,000.00 500,000.00 0.550 0.558 229.16 0.00 0.00 229.16 51507LCC6 1305 101 LNDMRK 248,000.00 248,000.00 248,000.00 0.500 0.500 101.92 0.00 0.00 101.92 87270LDL4 1306 101 EVRBA 245,000.00 245,000.00 245,000.00 0.500 0.500 100.68 0.00 0.00 100.68 3137EAEX3 1307 101 FHLMC 500,000.00 495,999.50 495,999.50 0.375 0.383 156.25 0.00 0.00 156.25 45950VPS9 1308 101 IFC 500,000.00 497,300.00 497,300.00 0.500 0.499 203.81 0.00 0.00 203.81 91282CBH3 1309 101 USTR 500,000.00 495,100.00 495,100.00 0.375 0.376 152.85 0.00 0.00 152.85 3137EAEX3 1310 101 FHLMC 1,000,000.00 983,940.00 983,940.00 0.375 0.386 312.50 0.00 0.00 312.50 91282CAT8 1311 101 USTR 1,000,000.00 977,500.00 977,500.00 0.250 0.258 207.18 0.00 0.00 207.18 3130ALV92 1312 101 FHLB 500,000.00 500,000.00 500,000.00 1.050 1.065 437.50 0.00 0.00 437.50 39573LBC1 1313 101 GRNST 249,000.00 249,000.00 249,000.00 0.950 0.950 194.42 0.00 0.00 194.42 89235MKY6 1314 101 TOYFSB 245,000.00 245,000.00 245,000.00 0.900 0.900 181.23 0.00 0.00 181.23 91282CAZ4 1315 101 USTR 500,000.00 492,187.50 492,187.50 0.375 0.380 153.72 0.00 0.00 153.72 14622LAA0 1316 101 CARTER 248,000.00 248,000.00 248,000.00 0.750 0.750 152.88 0.00 0.00 152.88 31617CAV5 1317 101 FIDHMS 248,000.00 248,000.00 248,000.00 0.700 0.700 142.68 0.00 0.00 142.68 Run Date: 03/07/2023 - 13:35 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 5 November 1, 2022 - November 30, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund SYS1318 1318 101 DPME 687,919.90 683,419.46 687,919.90 0.00 0.00 0.00 0.00 91282CBQ3 1319 101 USTR 500,000.00 494,165.00 494,165.00 0.500 0.510 207.18 0.00 0.00 207.18 91282CBT7 1320 101 USTR 500,000.00 499,525.00 499,525.00 0.750 0.753 309.07 0.00 0.00 309.07 91282CCF6 1321 101 USTR 1,000,000.00 997,060.00 997,060.00 0.750 0.750 614.86 0.00 0.00 614.86 91282CBT7 1322 101 USTR 500,000.00 498,450.00 498,450.00 0.750 0.754 309.07 0.00 0.00 309.07 91282CCF6 1323 101 USTR 500,000.00 497,095.00 497,095.00 0.750 0.752 307.43 0.00 0.00 307.43 3130AMFS6 1324 101 FHLB 1,000,000.00 993,420.00 993,420.00 0.750 0.765 625.00 0.00 0.00 625.00 92559TAJ7 1325 101 VIBRNT 249,000.00 248,377.50 248,377.50 0.800 0.802 163.73 0.00 0.00 163.73 38149MXK4 1326 101 GLDMAN 248,000.00 248,000.00 248,000.00 1.000 1.000 203.84 0.00 0.00 203.84 795451AF0 1327 101 SALMAE 248,000.00 248,000.00 248,000.00 1.000 1.000 203.84 0.00 0.00 203.84 89388CEY0 1328 101 TABBK 248,000.00 248,000.00 248,000.00 0.400 0.400 81.53 0.00 0.00 81.53 06417NZQ9 1329 101 BKOZK 248,000.00 248,000.00 248,000.00 0.400 0.400 81.53 0.00 0.00 81.53 3133EM2C5 1330 101 FFCB 500,000.00 498,000.00 498,000.00 0.710 0.723 295.83 0.00 0.00 295.83 70962LAF9 1331 101 PENTGN 249,000.00 249,000.00 249,000.00 0.700 0.700 143.26 0.00 0.00 143.26 87165ET98 1332 101 SYNCHR 245,000.00 245,000.00 245,000.00 0.900 0.900 181.23 0.00 0.00 181.23 05580AD50 1333 101 BMW 245,000.00 245,000.00 245,000.00 0.650 0.650 130.89 0.00 0.00 130.89 20786ADL6 1334 101 CONNEC 248,000.00 248,000.00 248,000.00 0.800 0.800 163.06 0.00 0.00 163.06 91282CCP4 1335 101 USTR 1,000,000.00 983,750.00 983,750.00 0.625 0.630 509.51 0.00 0.00 509.51 91282CCW9 1336 101 USTR 1,000,000.00 988,500.00 988,500.00 0.750 0.765 621.55 0.00 0.00 621.55 3130APBM6 1337 101 FHLB 1,000,000.00 999,000.00 999,000.00 1.000 1.015 833.33 0.00 0.00 833.33 3133EM4X7 1338 101 FFCB 1,000,000.00 991,080.00 991,080.00 0.800 0.818 666.67 0.00 0.00 666.67 3130APB46 1339 101 FHLB 1,000,000.00 998,250.00 998,250.00 0.950 0.965 791.67 0.00 0.00 791.67 3133EMX64 1340 101 FFCB 500,000.00 499,002.04 499,002.04 0.170 0.173 70.84 0.00 0.00 70.84 91282CCN9 1341 101 USTR 500,000.00 497,792.97 497,792.97 0.125 0.125 50.95 0.00 0.00 50.95 91282CBE0 1342 101 USTR 1,000,000.00 991,000.00 991,000.00 0.125 0.125 101.91 0.00 0.00 101.91 91282CDB4 1343 101 USTR 1,000,000.00 996,320.00 996,320.00 0.625 0.629 515.11 0.00 0.00 515.11 3133ENCQ1 1344 101 FFCB 1,000,000.00 1,000,000.00 1,000,000.00 1.270 1.288 1,058.34 0.00 0.00 1,058.34 59013KPN0 1345 101 MRRCK 249,000.00 249,000.00 249,000.00 1.100 1.100 225.12 0.00 0.00 225.12 14042RQBO 1346 101 CANNA 248,000.00 248,000.00 248,000.00 1.100 1.100 224.22 0.00 0.00 224.22 3130APTV7 1347 101 FHLB 500,000.00 499,500.00 499,500.00 0.700 0.710 291.67 0.00 0.00 291.67 3133ENBT6 1348 101 FFCB 1,000,000.00 998,530.00 998,530.00 0.180 0.183 150.00 0.00 0.00 150.00 91282CBU4 1349 101 USTR 1,000,000.00 996,718.75 996,718.75 0.125 0.126 103.02 0.00 0.00 103.02 91282CCD1 1350 101 USTR 1,000,000.00 995,468.75 995,468.75 0.125 0.125 102.47 0.00 0.00 102.47 91282CBA8 1351 101 USTR 1,000,000.00 990,000.00 990,000.00 0.125 0.126 102.46 0.00 0.00 102.46 91282CBR1 1352 101 USTR 1,000,000.00 989,800.00 989,800.00 0.250 0.255 207.18 0.00 0.00 207.18 3130AP2U8 1353 101 FHLB 1,000,000.00 987,100.00 987,100.00 0.550 0.565 458.33 0.00 0.00 458.33 3135G06G3 1354 101 FNMA 1,000,000.00 976,300.00 976,300.00 0.500 0.519 416.66 0.00 0.00 416.66 Run Date: 03/07/2023 - 13:35 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 6 November 1, 2022 - November 30, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund 3133ENGN4 1355 101 FFCB 1,000,000.00 1,000,000.00 1,000,000.00 0.970 0.983 808.33 0.00 0.00 808.33 501798RP9 1356 101 LCA 248,000.00 248,000.00 248,000.00 1.000 1.000 203.83 0.00 0.00 203.83 20825WAR1 1357 101 CNNXS 249,000.00 249,000.00 249,000.00 1.250 1.250 255.82 0.00 0.00 255.82 3130AQF65 1358 101 FHLB 1,000,000.00 999,750.00 999,750.00 1.250 1.268 1,041.67 0.00 0.00 1,041.67 3134GW6C5 1359 101 FHLMC 500,000.00 486,000.00 486,000.00 0.800 0.834 333.34 0.00 0.00 333.34 91282CBV2 1360 101 USTR 500,000.00 494,882.81 494,882.81 0.375 0.380 154.53 0.00 0.00 154.53 3137EAEU9 1361 101 FHLMC 500,000.00 487,090.00 487,090.00 0.375 0.390 156.25 0.00 0.00 156.25 3134GW5R3 1362 101 FHLMC 400,000.00 391,360.00 391,360.00 0.650 0.674 216.67 0.00 0.00 216.67 307811DF3 1363 101 FARMER 249,000.00 249,000.00 249,000.00 0.900 0.900 184.19 0.00 0.00 184.19 3130AQJR5 1364 101 FHLB 1,000,000.00 1,000,000.00 1,000,000.00 1.500 1.521 1,250.00 0.00 0.00 1,250.00 3135G03U5 1365 101 FNMA 500,000.00 487,790.00 487,790.00 0.625 0.650 260.41 0.00 0.00 260.41 3134GWUQ7 1366 101 FHLMC 1,000,000.00 945,570.00 945,570.00 0.700 0.751 583.33 0.00 0.00 583.33 3130AQSA2 1367 101 FHLB 1,000,000.00 1,000,000.00 1,000,000.00 1.830 1.855 1,525.00 0.00 0.00 1,525.00 89786MAF1 1368 101 TRUSKY 245,000.00 245,000.00 245,000.00 1.600 1.600 322.19 0.00 0.00 322.19 91282BZ78 1369 101 USTR 1,000,000.00 986,700.00 986,700.00 1.500 1.508 1,222.83 0.00 0.00 1,222.83 07371AYE7 1370 101 BEALTX 245,000.00 245,000.00 245,000.00 1.900 1.900 382.60 0.00 0.00 382.60 073710E88 1371 101 BEALUS 245,000.00 245,000.00 245,000.00 1.900 1.900 382.60 0.00 0.00 382.60 02357QAQ0 1372 101 AMRNT 245,000.00 245,000.00 245,000.00 1.600 1.600 322.19 0.00 0.00 322.19 59161YAP1 1373 101 METRO 249,000.00 249,000.00 249,000.00 1.700 1.700 347.92 0.00 0.00 347.92 3130AQWY5 1374 101 FHLB 1,000,000.00 1,000,000.00 1,000,000.00 1.700 1.724 1,416.67 0.00 0.00 1,416.67 27004PCM3 1375 101 EGLMRK 245,000.00 245,000.00 245,000.00 2.000 2.000 402.74 0.00 0.00 402.74 64034KAZ4 1376 101 NELNET 245,000.00 245,000.00 245,000.00 1.800 1.800 362.47 0.00 0.00 362.47 24773RCR4 1377 101 DELTA 245,000.00 245,000.00 245,000.00 2.000 2.000 402.74 0.00 0.00 402.74 91139LAB2 1378 101 URSVLT 248,000.00 248,000.00 248,000.00 1.900 1.900 387.29 0.00 0.00 387.29 565819AG4 1379 101 MRTHON 248,000.00 248,000.00 248,000.00 1.800 1.800 366.90 0.00 0.00 366.90 91282CCW9 1380 101 USTR 500,000.00 466,454.17 466,454.17 0.750 0.811 310.77 0.00 0.00 310.77 91282CDG3 1381 101 USTR 500,000.00 473,396.82 473,396.82 1.125 1.198 466.16 0.00 0.00 466.16 91282CBQ3 1382 101 USTR 750,000.00 698,025.00 698,025.00 0.500 0.542 310.77 0.00 0.00 310.77 912828654 1383 101 USTR 1,000,000.00 999,010.00 999,010.00 2.375 2.397 1,968.23 0.00 0.00 1,968.23 50625LAW3 1384 101 LFYTT 248,000.00 248,000.00 248,000.00 2.050 2.050 417.86 0.00 0.00 417.86 3130ARGJ4 1385 101 FHLB 500,000.00 500,000.00 500,000.00 2.500 2.535 1,041.66 0.00 0.00 1,041.66 20033A3A2 1386 101 CCBA 248,000.00 248,000.00 248,000.00 2.650 2.650 540.17 0.00 0.00 540.17 3130ARGY1 1387 101 FHLB 1,000,000.00 1,000,000.00 1,000,000.00 2.700 2.738 2,250.00 0.00 0.00 2,250.00 02007GPX5 1388 101 ALLY 245,000.00 245,000.00 245,000.00 2.550 2.550 513.49 0.00 0.00 513.49 52168UHY1 1389 101 LEADR 245,000.00 245,000.00 245,000.00 2.550 2.550 513.50 0.00 0.00 513.50 9128283D0 1390 101 USTR 1,000,000.00 985,190.00 985,190.00 2.250 2.303 1,864.65 0.00 0.00 1,864.65 91282CEF4 1391 101 USTR 1,000,000.00 976,860.00 976,860.00 2.500 2.566 2,060.44 0.00 0.00 2,060.44 Run Date: 03/07/2023 - 13:35 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 7 November 1, 2022 - November 30, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund 254673E69 1392 101 DISCOV 245,000.00 245,000.00 245,000.00 3.100 3.100 624.25 0.00 0.00 624.25 91282CBD2 1394 101 USTR 2,000,000.00 1,982,265.63 1,982,265.63 0.125 0.125 203.81 0.00 0.00 203.81 48115LAD6 1396 101 JOVIA 248,000.00 248,000.00 248,000.00 2.500 2.500 509.60 0.00 0.00 509.60 912828X88 1397 101 USTR 1,000,000.00 969,687.50 969,687.50 2.375 2.451 1,953.25 0.00 0.00 1,953.25 91282CEN7 1398 101 USTR 500,000.00 495,000.00 495,000.00 2.750 2.801 1,139.51 0.00 0.00 1,139.51 91282CET4 1399 101 USTR 500,000.00 491,842.18 491,842.18 2.625 2.662 1,076.02 0.00 0.00 1,076.02 9128282U3 1400 101 USTR 500,000.00 490,850.00 490,850.00 1.875 1.926 776.94 0.00 0.00 776.94 3133ENYH7 1401 101 FFCB 500,000.00 499,080.00 499,080.00 2.625 2.666 1,093.75 0.00 0.00 1,093.75 91282CBD2 1402 101 USTR 3,000,000.00 2,972,578.13 2,972,578.13 0.125 0.125 305.70 0.00 0.00 305.70 91282CAX9 1403 101 USTR 0.00 3,972,031.25 0.00 0.125 8.988 396.17 0.00 27,968.75 28,364.92 91282BN30 1407 101 USTR 2,000,000.00 1,996,240.00 1,996,240.00 2.125 2.112 3,464.68 0.00 0.00 3,464.68 912828M80 1408 101 USTR 0.00 2,996,670.00 0.00 2.000 3.395 4,754.10 0.00 3,330.00 8,084.10 3130ASDV8 1409 101 FHLB 300,000.00 300,000.00 300,000.00 3.300 3.346 825.00 0.00 0.00 825.00 91282BN30 1412 101 USTR 2,000,000.00 1,996,680.00 1,996,680.00 2.125 2.111 3,464.68 0.00 0.00 3,464.68 912828M80 1413 101 USTR 0.00 1,997,980.00 0.00 2.000 3.269 3,169.40 0.00 2,020.00 5,189.40 89269FDP7 1415 101 TRADCP 246,000.00 246,000.00 246,000.00 3.000 3.000 606.57 0.00 0.00 606.57 91282CFB2 1417 101 USTR 1,000,000.00 989,460.00 989,460.00 2.750 2.757 2,241.85 0.00 0.00 2,241.85 912828XT2 1418 101 USTR 1,000,000.00 985,240.00 985,240.00 2.000 2.025 1,639.65 0.00 0.00 1,639.65 397417AQ9 1419 101 GRNWDS 248,000.00 248,000.00 248,000.00 3.050 3.050 621.69 0.00 0.00 621.69 88413QDN5 1420 101 3RD 245,000.00 245,000.00 245,000.00 3.300 3.300 664.52 0.00 0.00 664.52 02589ADH2 1421 101 AMEXNB 245,000.00 245,000.00 245,000.00 3.450 3.450 694.73 0.00 0.00 694.73 91282CF132 1422 101 USTR 1,000,000.00 979,645.67 979,645.67 2.750 2.784 2,241.85 0.00 0.00 2,241.85 912796Y139 1423 101 USTR 3,000,000.00 2,951,409.30 2,951,409.30 3.221 0.00 0.00 0.00 0.00 912796YB9 1424 101 USTR 2,000,000.00 1,967,621.12 1,967,621.12 3.220 0.00 0.00 0.00 0.00 732329BD8 1425 101 PONCE 248,000.00 248,000.00 248,000.00 3.500 3.500 713.42 0.00 0.00 713.42 3133ENL99 1426 101 FFCB 1,000,000.00 997,492.55 997,492.55 3.375 3.430 2,812.50 0.00 0.00 2,812.50 052392BT3 1427 101 AUSTEL 248,000.00 248,000.00 248,000.00 3.800 3.800 774.58 0.00 0.00 774.58 9128283U2 1428 101 USTR 3,000,000.00 2,988,390.00 2,988,390.00 2.375 2.365 5,808.43 0.00 0.00 5,808.43 914242AA0 1429 101 UNIVCU 248,000.00 248,000.00 248,000.00 4.000 4.000 815.34 0.00 0.00 815.34 22258JAB7 1430 101 CNTYSC 248,000.00 248,000.00 248,000.00 4.400 4.400 896.87 0.00 0.00 896.87 91282BQ29 1431 101 USTR 2,000,000.00 1,977,200.00 1,977,200.00 1.500 1.521 2,472.53 0.00 0.00 2,472.53 91282CBNO 1432 101 USTR 3,000,000.00 2,956,788.66 2,956,788.66 0.125 0.128 310.77 0.00 0.00 310.77 3133ENQ29 1433 101 FFCB 1,000,000.00 996,400.00 996,400.00 4.000 4.070 3,333.33 0.00 0.00 3,333.33 84229LBA9 1434 101 STHBNK 244,000.00 244,000.00 244,000.00 4.250 4.250 852.33 0.00 0.00 852.33 34520LAT0 1435 101 FORBRT 248,000.00 0.00 248,000.00 4.600 4.600 875.13 0.00 0.00 875.13 912796YV5 1436 101 USTR 5,000,000.00 0.00 4,893,349.12 4.363 0.00 0.00 0.00 0.00 912796YV5 1437 101 USTR 2,000,000.00 0.00 1,958,436.61 4.375 0.00 0.00 0.00 0.00 Run Date: 03/07/2023 - 13:35 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 8 November 1, 2022 - November 30, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund 25460FDW3 1438 101 DIRFCU 248,000.00 0.00 248,000.00 4.800 4.800 750.11 0.00 0.00 750.11 9128282RO 1439 101 USTR 1,000,000.00 0.00 927,110.00 2.250 2.407 794.84 0.00 0.00 794.84 3133EN3H1 1441 101 FFCB 1,000,000.00 0.00 998,650.00 4.000 4.061 222.22 0.00 0.00 222.22 914098DJ4 1442 101 UNIVBK 249,000.00 0.00 249,000.00 4.200 0.00 0.00 0.00 0.00 Subtotal 207,021,594.54 204,384,214.94 205,932,277.13 1.750 270,132.39 0.00 33,318.75 303,451.14 Fund: Fiscal Agent SYS1058 1058 231 USBANK 4,619.50 4,610.03 4,619.50 2.499 9.47 0.00 0.00 9.47 Subtotal 4,619.50 4,610.03 4,619.50 2.499 9.47 0.00 0.00 9.47 Fund: Housing Authority: WSA and LQ SYS1062 1062 241 LQPR 427,769.13 417,989.55 427,769.13 0.00 0.00 0.00 0.00 Subtotal 427,769.13 417,989.55 427,769.13 0.00 0.00 0.00 0.00 Fund: SA Low/Mod Bond Fund 25-33-005 1113 249 LAIF 2,025,634.04 2,025,634.04 2,025,634.04 2.007 2.074 3,452.26 0.00 0.00 3,452.26 Subtotal 2,025,634.04 2,025,634.04 2,025,634.04 2.074 3,452.26 0.00 0.00 3,452.26 Total 209,479,617.21 206,832,448.56 208,390,299.80 1.750 273,594.12 Run Date: 03/07/2023 - 13:35 0.00 33,318.75 306,912.87 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 Ow � GEM ofthe DESERT — City of La Quinta Portfolio Management Portfolio Summary December 31, 2022 City of La Quinta Investments Par Market Book % of Days to YTIVI Value Value Value Portfolio Term Maturity UsEquty, Bank Accounts 19,929,762.14 19,929,762.14 19.929,76214 9.38 1 1 0.000 Local Agency Investment Fund -City 18.832.216.42 18,412,301A9 18,832,216.42 8.86 1 1 2,173 Local Agency Irnstmnt Fund -Housing 2,025,634.D4 1,999,753.19 2,025,634.04 0.95 1 1 2.173 Money Market A000unts-CAMP 28,267.361,63 28,267.381,63 28,267,381.63 13,31 1 1 4.300 Federal Agency Coupon Securities 41.250,000,00 38,126,443,04 41,033,579,09 19.32 1,630 1.048 1.436 Treasury Coupon Securities 45,250,000.00 43,176,577.5o 44,582,924.40 20.99 933 655 2.552 Treasury Discount Notes 12,000,000.00 11,867,220.00 11,770,819.15 5.54 177 93 4.076 Certfaateof Deposits 32,871,00D.00 31,294,573.93 32,870,377.50 15,47 1.676 821 2.122 Ccrporate NoteS 1,400,000,00 1,335,462.00 1,350,91o.00 0.64 1,666 493 2,099 Money Marketwith Fiscal Agent 4,631,32 4,631.32 4.631,32 0.00 1 1 0.D00 CERST- CPEBTrust 1,750,883.78 1,750,893.78 1,750,883.78 0.82 1 1 0.000 PARS Pension Trust 10,006,834.33 10,005,834.33 10,005,83-4.33 4,71 1 1 0.000 Investments 213,587,34-3.66 206,169,823.91 212,435,250,60 100.00% 791 476 2.166 Total Earnings December31 Month Ending Fiscal Year To oats Current Year 350,418.06 1,674,454,06 Average Daily Balance 208,618,033.69 214,463,442.20 Effective Rate of Return 1.98% 1.55°A I certify that this report accurately reflects all pooled investments and is in compliance with the California Govemment Code and the City Investment Policy. As Treasurer of the Cfty of La Quinta, I hereby certify that sufficient investment liquidity and anticipated revenues are available to meet the City's expenditure requirements for the next six months. The City of La Quinta used the monthly account statements issued by our financial institute s to determine the fair market value �}of investments at month end. __N . — '� V r Claudia Martinez, Finance Di rea rear Reporting period 1210112022-12131/2022 Run Date: U3In712023 - I2; 54 Portfolio CITY CID PMJFIRF_PM1) 7.3.0 Report Ver. 7.3.6.1 City of La Quinta Portfolio Management Portfolio Details - Investments December 31, 2022 Page 1 Average Purchase Stated Days to YTM Maturity CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365 Date Bank Accounts SYS1293 1293 Bank of New York 09/01/2020 10,021,758.89 10,021,758.89 10,021,758.89 1 1 0.000 059731851 1228 Bank of the West 08/20/2019 8,750,301.52 8,750,301.52 8,750,301.52 1 1 0.000 SYS1059 1059 City Petty Cash 07/01/2016 3,300.00 3,300.00 3,300.00 1 1 0.000 SYS1318 1318 Dune Palms Mobile Estates 03/09/2021 727,775.83 727,775.83 727,775.83 1 1 0.000 SYS1062 1062 La Quinta Palms Realty 07/01/2016 426,625.90 426,625.90 426,625.90 1 1 0.000 Subtotal and Average 7,662,007.40 19,929,762.14 19,929,762.14 19,929,762.14 1 1 0.000 Local Agency Investment Fund -City 98-33-434 1055 Local Agency Inv Fund 18,832,216.42 18,412,301.09 18,832,216.42 2.173 1 1 2.173 Subtotal and Average 18,832,216.42 18,832,216.42 18,412,301.09 18,832,216.42 1 1 2.173 Local Agency Invstmnt Fund -Housing 25-33-005 1113 Local Agency Inv Fund 2,025,634.04 1,999,753.19 2,025,634.04 2.173 1 1 2.173 Subtotal and Average 2,025,634.04 2,025,634.04 1,999,753.19 2,025,634.04 1 1 2.173 Money Market Accounts - CAMP SYS1153 1153 California Asset Management Pr 09/26/2018 28,267,381.63 28,267,381.63 28,267,381.63 4.300 1 1 4.300 Subtotal and Average 28,171,068.82 28,267,381.63 28,267,381.63 28,267,381.63 1 1 4.300 Federal Agency Coupon Securities 3133ENBT6 1348 Federal Farm Credit Bank 12/07/2021 1,000,000.00 997,540.00 998,530.00 0.180 414 24 0.310 01/25/2023 3133EMX64 1340 Federal Farm Credit Bank 10/22/2021 500,000.00 493,525.00 499,002.04 0.170 553 117 0.302 04/28/2023 3133EKZK5 1223 Federal Farm Credit Bank 09/12/2019 500,000.00 490,420.00 499,400.00 1.600 1,432 225 1.632 08/14/2023 3133EJYL7 1158 Federal Farm Credit Bank 10/15/2018 250,000.00 246,790.00 247,275.00 2.800 1,786 247 3.041 09/05/2023 3133EK4X1 1234 Federal Farm Credit Bank 11/01/2019 1,000,000.00 972,620.00 996,900.00 1.600 1,461 304 1.680 11/01/2023 3130AFW94 1177 Federal Home Loan Bank 03/01/2019 500,000.00 487,860.00 498,550.00 2.500 1,810 408 2.563 02/13/2024 3133ELNEO 1246 Federal Farm Credit Bank 02/14/2020 1,000,000.00 963,900.00 999,000.00 1.430 1,461 409 1.456 02/14/2024 3133ENYH7 1401 Federal Farm Credit Bank 06/10/2022 500,000.00 486,080.00 499,080.00 2.625 731 526 2.720 06/10/2024 3135GOV75 1206 Federal National Mtg Assn 07/15/2019 500,000.00 478,825.00 495,950.00 1.750 1,814 548 1.922 07/02/2024 3133EKWV4 1212 Federal Farm Credit Bank 08/02/2019 500,000.00 478,430.00 499,500.00 1.850 1,820 572 1.871 07/26/2024 3133EKP75 1224 Federal Farm Credit Bank 09/17/2019 500,000.00 476,525.00 498,750.00 1.600 1,827 625 1.652 09/17/2024 3133ELEAB 1242 Federal Farm Credit Bank 12/17/2019 1,000,000.00 954,630.00 998,600.00 1.700 1,736 625 1.731 09/17/2024 3135GO6E8 1291 Federal National Mtg Assn 11/18/2020 500,000.00 460,340.00 499,250.00 0.420 1,461 687 0.458 11/18/2024 3133ENGN4 1355 Federal Farm Credit Bank 12/09/2021 1,000,000.00 930,970.00 1,000,000.00 0.970 1,096 708 0.970 12/09/2024 3135GAAW1 1300 Federal National Mtg Assn 12/30/2020 500,000.00 459,355.00 500,000.00 0.400 1,461 729 0.400 12/30/2024 Portfolio CITY CID Run Date: 03/07/2023 - 12:54 PM (PRF_PM2) 7.3.0 Report Ver. 7.3.6.1 City of La Quinta Portfolio Management Portfolio Details - Investments December 31, 2022 Page 2 Average Purchase Stated Days to YTM Maturity CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365 Date Federal Agency Coupon Securities 3130AP21-18 1353 Federal Home Loan Bank 12/07/2021 1,000,000.00 919,850.00 987,100.00 0.550 1,127 737 0.976 01/07/2025 3130AQWY5 1374 Federal Home Loan Bank 02/25/2022 1,000,000.00 938,610.00 1,000,000.00 1.700 1,095 785 1.700 02/24/2025 3135G031.15 1365 Federal National Mtg Assn 01/28/2022 500,000.00 459,725.00 487,790.00 0.625 1,180 842 1.400 04/22/2025 3134GVYG7 1279 Federal Home Loan Mtg Corp 05/27/2020 1,000,000.00 911,100.00 1,000,000.00 0.625 1,826 877 0.625 05/27/2025 3133ELH23 1280 Federal Farm Credit Bank 06/09/2020 500,000.00 456,370.00 499,850.00 0.500 1,826 890 0.506 06/09/2025 3133ELH80 1282 Federal Farm Credit Bank 06/10/2020 500,000.00 453,850.00 500,000.00 0.680 1,826 891 0.680 06/10/2025 3130AJKW8 1281 Federal Home Loan Bank 06/03/2020 500,000.00 456,500.00 499,850.00 0.500 1,836 894 0.506 06/13/2025 3130AJRP6 1283 Federal Home Loan Bank 06/30/2020 300,000.00 271,356.00 300,000.00 0.680 1,826 911 0.680 06/30/2025 3137EAEU9 1297 Federal Home Loan Mtg Corp 12/07/2020 1,000,000.00 905,720.00 997,300.00 0.375 1,687 932 0.434 07/21/2025 3137EAEU9 1361 Federal Home Loan Mtg Corp 01/05/2022 500,000.00 452,860.00 487,090.00 0.375 1,293 932 1.120 07/21/2025 3135G05S8 1288 Federal National Mtg Assn 08/14/2020 500,000.00 450,065.00 500,000.00 0.500 1,826 956 0.500 08/14/2025 3136G4M75 1290 Federal National Mtg Assn 08/28/2020 500,000.00 453,640.00 499,750.00 0.520 1,816 960 0.530 08/18/2025 3136G4N74 1289 Federal National Mtg Assn 08/21/2020 1,000,000.00 904,090.00 1,000,000.00 0.560 1,826 963 0.560 08/21/2025 3137EAEX3 1307 Federal Home Loan Mtg Corp 02/23/2021 500,000.00 450,350.00 495,999.50 0.375 1,673 996 0.552 09/23/2025 3137EAEX3 1310 Federal Home Loan Mtg Corp 03/30/2021 1,000,000.00 900,700.00 983,940.00 0.375 1,638 996 0.740 09/23/2025 3130ARGJ4 1385 Federal Home Loan Bank 04/14/2022 500,000.00 473,370.00 500,000.00 2.500 1,279 1,017 2.500 10/14/2025 3134GW5R3 1362 Federal Home Loan Mtg Corp 01/05/2022 400,000.00 359,224.00 391,360.00 0.650 1,391 1,030 1.232 10/27/2025 3135G06G3 1354 Federal National Mtg Assn 12/07/2021 1,000,000.00 900,110.00 976,300.00 0.500 1,431 1,041 1.120 11/07/2025 3135GA2Z3 1292 Federal National Mtg Assn 11/17/2020 500,000.00 447,670.00 499,250.00 0.560 1,826 1,051 0.590 11/17/2025 3130AKFA9 1298 Federal Home Loan Bank 12/07/2020 500,000.00 447,650.00 497,400.00 0.375 1,831 1,076 0.480 12/12/2025 3135GA7137 1299 Federal National Mtg Assn 12/23/2020 500,000.00 446,880.00 500,000.00 0.600 1,826 1,087 0.600 12/23/2025 3134GXGZ1 1301 Federal Home Loan Mtg Corp 12/30/2020 500,000.00 448,800.00 500,000.00 0.550 1,826 1,094 0.550 12/30/2025 3130AKMZ6 1302 Federal Home Loan Bank 01/14/2021 500,000.00 444,055.00 500,000.00 0.510 1,826 1,109 0.510 01/14/2026 313OAKN28 1304 Federal Home Loan Bank 01/29/2021 500,000.00 443,975.00 500,000.00 0.550 1,826 1,124 0.550 01/29/2026 3130ALV92 1312 Federal Home Loan Bank 03/30/2021 500,000.00 453,170.00 500,000.00 1.050 1,826 1,184 0.938 03/30/2026 3130AMFS6 1324 Federal Home Loan Bank 06/17/2021 1,000,000.00 891,790.00 993,420.00 0.750 1,821 1,258 0.885 06/12/2026 3133EM2C5 1330 Federal Farm Credit Bank 08/10/2021 500,000.00 439,325.00 498,000.00 0.710 1,826 1,317 0.792 08/10/2026 3133EM4X7 1338 Federal Farm Credit Bank 09/28/2021 1,000,000.00 884,210.00 991,080.00 0.800 1,808 1,348 0.985 09/10/2026 3130APBM6 1337 Federal Home Loan Bank 09/30/2021 1,000,000.00 882,920.00 999,000.00 1.000 1,826 1,368 1.021 09/30/2026 3130APB46 1339 Federal Home Loan Bank 10/13/2021 1,000,000.00 880,290.00 998,250.00 0.950 1,826 1,381 0.986 10/13/2026 3134GW6C5 1359 Federal Home Loan Mtg Corp 01/05/2022 500,000.00 436,535.00 486,000.00 0.800 1,757 1,396 1.403 10/28/2026 3133ENCQ1 1344 Federal Farm Credit Bank 11/02/2021 1,000,000.00 891,320.00 1,000,000.00 1.270 1,826 1,401 1.270 11/02/2026 3130APTV7 1347 Federal Home Loan Bank 11/24/2021 500,000.00 451,580.00 499,500.00 0.700 1,826 1,423 1.489 11/24/2026 313OAQF65 1358 Federal Home Loan Bank 12/22/2021 1,000,000.00 896,460.00 999,750.00 1.250 1,825 1,450 1.255 12/21/2026 3134GWUQ7 1366 Federal Home Loan Mtg Corp 02/10/2022 1,000,000.00 873,450.00 945,570.00 0.700 1,784 1,459 1.870 12/30/2026 3130AQJR5 1364 Federal Home Loan Bank 01/27/2022 1,000,000.00 892,310.00 1,000,000.00 1.500 1,826 1,487 1.500 01/27/2027 Portfolio CITY CID Run Date: 03/07/2023 - 12:54 PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Portfolio Details - Investments December 31, 2022 Page 3 Average Purchase Stated Days to YTM Maturity CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365 Date Federal Agency Coupon Securities 3130AQSA2 1367 Federal Home Loan Bank 02/10/2022 1,000,000.00 903,760.00 1,000,000.00 1.830 1,826 1,501 1.830 02/10/2027 3130ARGY1 1387 Federal Home Loan Bank 04/19/2022 1,000,000.00 931,650.00 1,000,000.00 2.700 1,826 1,569 2.700 04/19/2027 3130ASDV8 1409 Federal Home Loan Bank 06/28/2022 300,000.00 284,463.00 300,000.00 3.300 1,826 1,639 3.300 06/28/2027 3133ENL99 1426 Federal Farm Credit Bank 09/15/2022 1,000,000.00 973,190.00 997,492.55 3.375 1,826 1,718 3.430 09/15/2027 3133ENQ29 1433 Federal Farm Credit Bank 09/30/2022 1,000,000.00 998,290.00 996,400.00 4.000 1,825 1,732 4.080 09/29/2027 3133EN3H1 1441 Federal Farm Credit Bank 11/29/2022 1,000,000.00 999,210.00 998,650.00 4.000 1,826 1,793 4.030 11/29/2027 3133EN3S7 1446 Federal Farm Credit Bank 12/07/2022 1,000,000.00 987,190.00 998,000.00 3.750 1,826 1,801 3.794 12/07/2027 Treasury Coupon Securities 9128283U2 1428 91282CBNO 1432 91282CBNO 1444 91282CBU4 1349 912828Q29 1431 91282CBU4 1445 91282CCD1 1350 912828R69 1443 91282CCN9 1341 912828T26 1217 91282CBA8 1351 91282CBEO 1342 91282CBR1 1352 91282CBV2 1360 912828XT2 1418 9128282U3 1400 91282CDB4 1343 9128283DO 1390 912828YV6 1241 91282CAT8 1311 91282CAZ4 1315 91282CBC4 1303 91282CBH3 1309 91282CBQ3 1319 91282CBQ3 1382 91282CBT7 1320 Run Date: 03/07/2023 - 12:54 Subtotal and Average 41,017,959.74 41,250,000.00 38,125,443.00 41,033,879.09 1,630 1,048 1.436 U.S. Treasury 09/30/2022 3,000,000.00 2,995,980.00 2,988,390.00 2.375 123 30 3.533 01/31/2023 U.S. Treasury 09/30/2022 3,000,000.00 2,979,990.00 2,956,788.66 0.125 151 58 3.630 02/28/2023 U.S. Treasury 12/02/2022 2,000,000.00 1,986,660.00 1,980,078.13 0.125 88 58 4.264 02/28/2023 U.S. Treasury 12/07/2021 1,000,000.00 989,760.00 996,718.75 0.125 479 89 0.376 03/31/2023 U.S. Treasury 09/30/2022 2,000,000.00 1,985,940.00 1,977,200.00 1.500 182 89 3.824 03/31/2023 U.S. Treasury 12/02/2022 3,000,000.00 2,969,280.00 2,958,984.38 0.125 119 89 4.366 03/31/2023 U.S. Treasury 12/07/2021 1,000,000.00 982,150.00 995,468.75 0.125 540 150 0.432 05/31/2023 U.S. Treasury 12/02/2022 4,000,000.00 3,952,960.00 3,944,075.80 1.625 180 150 4.515 05/31/2023 U.S. Treasury 10/22/2021 500,000.00 486,835.00 497,792.97 0.125 647 211 0.375 07/31/2023 U.S. Treasury 08/21/2019 500,000.00 487,815.00 499,300.00 1.375 1,501 272 1.410 09/30/2023 U.S. Treasury 12/07/2021 1,000,000.00 957,930.00 990,000.00 0.125 738 348 0.623 12/15/2023 U.S. Treasury 10/22/2021 1,000,000.00 953,710.00 991,000.00 0.125 815 379 0.531 01/15/2024 U.S. Treasury 12/07/2021 1,000,000.00 948,400.00 989,800.00 0.250 829 439 0.704 03/15/2024 U.S. Treasury 01/05/2022 500,000.00 473,320.00 494,882.81 0.375 831 470 0.830 04/15/2024 U.S. Treasury 05/04/2022 1,000,000.00 963,830.00 985,240.00 2.000 758 516 2.736 05/31/2024 U.S. Treasury 06/09/2022 500,000.00 478,495.00 490,850.00 1.875 814 608 2.727 08/31/2024 U.S. Treasury 10/22/2021 1,000,000.00 934,410.00 996,320.00 0.625 1,089 653 0.750 10/15/2024 U.S. Treasury 05/03/2022 1,000,000.00 960,980.00 985,190.00 2.250 912 669 2.870 10/31/2024 U.S. Treasury 12/16/2019 1,000,000.00 946,800.00 989,687.50 1.500 1,811 699 1.718 11/30/2024 U.S. Treasury 03/30/2021 1,000,000.00 895,080.00 977,500.00 0.250 1,676 1,034 0.750 10/31/2025 U.S. Treasury 04/22/2021 500,000.00 447,675.00 492,187.50 0.375 1,683 1,064 0.720 11/30/2025 U.S. Treasury 01/07/2021 500,000.00 447,305.00 498,632.81 0.375 1,819 1,095 0.431 12/31/2025 U.S. Treasury 02/23/2021 500,000.00 445,295.00 495,100.00 0.375 1,803 1,126 0.577 01/31/2026 U.S. Treasury 05/28/2021 500,000.00 446,055.00 494,165.00 0.500 1,737 1,154 0.750 02/28/2026 U.S. Treasury 03/23/2022 750,000.00 669,082.50 698,025.00 0.500 1,438 1,154 2.353 02/28/2026 U.S. Treasury 05/28/2021 500,000.00 448,670.00 499,525.00 0.750 1,768 1,185 0.770 03/31/2026 Portfolio CITY CID PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Portfolio Details - Investments December 31, 2022 Page 4 Average Purchase Stated Days to YTM Maturity CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365 Date Treasury Coupon Securities 91282CBT7 1322 U.S. Treasury 06/17/2021 500,000.00 448,670.00 498,450.00 0.750 1,748 1,185 0.816 03/31/2026 9128286S4 1383 U.S. Treasury 03/23/2022 1,000,000.00 945,660.00 999,010.00 2.375 1,499 1,215 2.400 04/30/2026 91282CCF6 1321 U.S. Treasury 06/01/2021 1,000,000.00 892,930.00 997,060.00 0.750 1,825 1,246 0.810 05/31/2026 91282CCF6 1323 U.S. Treasury 06/17/2021 500,000.00 446,465.00 497,095.00 0.750 1,809 1,246 0.870 05/31/2026 91282CCP4 1335 U.S. Treasury 09/29/2021 1,000,000.00 884,690.00 983,750.00 0.625 1,766 1,307 0.970 07/31/2026 91282CCW9 1336 U.S. Treasury 09/29/2021 1,000,000.00 886,640.00 988,500.00 0.750 1,797 1,338 0.990 08/31/2026 91282CCW9 1380 U.S. Treasury 03/22/2022 500,000.00 443,320.00 466,454.17 0.750 1,623 1,338 2.350 08/31/2026 91282CDG3 1381 U.S. Treasury 03/22/2022 500,000.00 447,815.00 473,396.82 1.125 1,684 1,399 2.350 10/31/2026 912828Z78 1369 U.S. Treasury 02/10/2022 1,000,000.00 904,100.00 986,700.00 1.500 1,816 1,491 1.781 01/31/2027 91282CEF4 1391 U.S. Treasury 05/03/2022 1,000,000.00 939,810.00 976,860.00 2.500 1,793 1,550 3.010 03/31/2027 91282CEN7 1398 U.S. Treasury 06/08/2022 500,000.00 474,530.00 495,000.00 2.750 1,787 1,580 2.971 04/30/2027 912828X88 1397 U.S. Treasury 06/07/2022 1,000,000.00 933,750.00 969,687.50 2.375 1,803 1,595 3.041 05/15/2027 91282CET4 1399 U.S. Treasury 06/08/2022 500,000.00 472,030.00 491,842.18 2.625 1,818 1,611 2.980 05/31/2027 91282CFB2 1417 U.S. Treasury 08/15/2022 1,000,000.00 947,620.00 989,460.00 2.750 1,811 1,672 2.980 07/31/2027 91282CFB2 1422 U.S. Treasury 08/29/2022 1,000,000.00 947,620.00 979,645.67 2.750 1,797 1,672 3.200 07/31/2027 9128282RO 1439 U.S. Treasury 11/18/2022 1,000,000.00 926,520.00 927,110.00 2.250 1,731 1,687 3.950 08/15/2027 Subtotal and Average 52,955,497.77 45,250,000.00 43,176,577.50 44,582,924.40 933 655 2.552 Treasury Discount Notes 912796YB9 912796YB9 912796YV5 912796YV5 1423 1424 1436 1437 U.S. Treasury U.S. Treasury U.S. Treasury U.S. Treasury Subtotal and Average 11,770,816.15 09/02/2022 09/02/2022 11/02/2022 11/07/2022 3,000,000.00 2,000,000.00 5,000,000.00 2,000,000.00 12,000,000.00 2,979,510.00 1,986,340.00 4,929,550.00 1,971,820.00 11,867,220.00 2,951,409.30 1,967,621.12 4,893,349.12 1,958,436.61 11,770,816.15 3.221 3.220 4.363 4.375 181 181 176 171 177 60 60 116 116 93 3.366 3.365 4.583 4.593 4.076 03/02/2023 03/02/2023 04/27/2023 04/27/2023 Certificate of Deposits 949495AT2 1244 Wells Fargo Natl Bank West 01/29/2020 248,000.00 247,504.22 248,000.00 1.900 1,097 29 1.900 01/30/2023 81768PAF3 1254 Servisfirst Bank 02/21/2020 248,000.00 247,044.01 248,000.00 1.600 1,096 51 1.601 02/21/2023 92535LCD4 1180 Verus Bank of Commerce 02/28/2019 248,000.00 247,370.83 248,000.00 2.700 1,461 58 2.700 02/28/2023 034577AH9 1119 Aneca Federal Credit Union 03/22/2018 245,000.00 244,158.29 245,000.00 2.800 1,826 80 2.802 03/22/2023 66704MEQO 1263 Northstar Bank 03/31/2020 248,000.00 245,779.57 248,000.00 1.150 1,095 89 1.150 03/31/2023 954444BS3 1265 West Michigan Cmnty Bk 03/31/2020 248,000.00 245,779.57 248,000.00 1.150 1,095 89 1.150 03/31/2023 17312QJ26 1123 Citibank NA 04/11/2018 245,000.00 243,862.84 245,000.00 2.900 1,826 100 2.902 04/11/2023 20726ABA5 1189 Congressional Bank 04/30/2019 248,000.00 246,351.19 248,000.00 2.500 1,459 117 2.502 04/28/2023 29278TAY6 1125 EnerBank USA 04/30/2018 240,000.00 238,758.04 240,000.00 2.950 1,824 117 2.952 04/28/2023 32117BCX4 1179 First National Bank 03/05/2019 248,000.00 246,349.85 248,000.00 2.800 1,522 124 2.802 05/05/2023 Portfolio CITY CID Run Date: 03/07/2023 - 12:54 PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Portfolio Details - Investments December 31, 2022 Page 5 CUSIP Investment # Average Issuer Balance Purchase Date Par Value Market Value Book Value Stated Rate Days to Term Maturity YTM Maturity 365 Date Certificate of Deposits 725404AB3 1194 Pittsfield Cooperative Bank 06/07/2019 245,000.00 242,481.22 245,000.00 2.500 1,461 157 2.502 06/07/2023 619165JD6 1173 Morton Community 03/20/2019 248,000.00 245,521.32 248,000.00 2.750 1,553 170 2.753 06/20/2023 74934YAH4 1144 RCB Bank 06/20/2018 245,000.00 243,013.14 245,000.00 3.150 1,826 170 3.152 06/20/2023 02616AAH2 1285 American First CU 06/26/2020 248,000.00 242,534.50 248,000.00 0.350 1,095 176 0.350 06/26/2023 02772JBD1 1205 American National Bank 07/19/2019 248,000.00 243,924.69 248,000.00 2.000 1,461 199 2.001 07/19/2023 32110YLK9 1147 First National Bank of America 07/20/2018 245,000.00 242,509.94 245,000.00 3.150 1,826 200 3.152 07/20/2023 06426KAN8 1151 Bank of New England 07/31/2018 249,000.00 246,287.64 249,000.00 3.250 1,826 211 3.252 07/31/2023 75472RAD3 1218 Raymond James Bank 08/23/2019 244,000.00 239,149.00 244,000.00 1.950 1,461 234 1.951 08/23/2023 89579NCD3 1262 Triad Bank 03/30/2020 248,000.00 241,054.97 248,000.00 1.350 1,278 271 1.352 09/29/2023 57116ARV2 1155 Cache Valley BK F/K/A Marlin 10/17/2018 248,000.00 244,296.52 248,000.00 3.300 1,826 289 3.302 10/17/2023 625925AR3 1160 Municipal Trust and Savings 10/17/2018 245,000.00 241,147.80 245,000.00 3.200 1,826 289 3.202 10/17/2023 90348JEJ5 1161 UBS Bank USA 10/17/2018 245,000.00 241,438.08 245,000.00 3.350 1,826 289 3.352 10/17/2023 474067AQ8 1154 Jefferson Financial CU 10/19/2018 245,000.00 241,420.62 245,000.00 3.350 1,826 291 3.352 10/19/2023 20143PDV9 1162 Commercial Bank 11/15/2018 248,000.00 243,944.26 248,000.00 3.400 1,826 318 3.402 11/15/2023 67054NAN3 1164 Numerica Credit Union 11/28/2018 248,000.00 244,119.40 248,000.00 3.550 1,826 331 3.552 11/28/2023 48115LAD6 1396 Jovia Financial Credit Union 06/07/2022 248,000.00 241,387.78 248,000.00 2.500 548 340 2.502 12/07/2023 635573AL2 1170 National Cooperative Bank, NA 12/21/2018 245,000.00 240,371.05 245,000.00 3.400 1,826 354 3.402 12/21/2023 066851 WJ1 1172 Bar Harbor Bank and Trust 12/31/2018 248,000.00 243,044.39 248,000.00 3.350 1,824 362 3.352 12/29/2023 89269FDP7 1415 Tradition Capital 07/20/2022 246,000.00 239,678.79 246,000.00 3.000 551 386 3.008 01/22/2024 51210SQU4 1208 Lakeside Bank 07/30/2019 248,000.00 238,824.94 248,000.00 2.000 1,644 393 2.003 01/29/2024 77579ADFO 1251 Rollstone B&T 02/12/2020 245,000.00 234,940.06 245,000.00 1.650 1,461 407 1.651 02/12/2024 66736ABP3 1181 Northwest Bank 02/13/2019 248,000.00 241,253.97 248,000.00 2.950 1,826 408 2.951 02/13/2024 949763XY7 1174 Wells Fargo 02/27/2019 248,000.00 241,172.73 248,000.00 3.000 1,826 422 3.001 02/27/2024 50625LAW3 1384 Lafayette FCU 03/30/2022 248,000.00 238,029.27 248,000.00 2.050 729 452 2.053 03/28/2024 882213AB7 1260 Texas Bank Financial 03/31/2020 245,000.00 232,429.13 245,000.00 1.100 1,458 452 1.101 03/28/2024 472382AQ3 1272 The Jefferson Bank 04/15/2020 248,000.00 235,335.49 248,000.00 1.250 1,461 470 1.251 04/15/2024 08016PDQ9 1270 Belmont Bank and Trust 04/16/2020 248,000.00 235,309.59 248,000.00 1.250 1,461 471 1.251 04/16/2024 69506YRH4 1269 Pacific Western Bank 04/16/2020 245,000.00 232,725.61 245,000.00 1.300 1,461 471 1.301 04/16/2024 56065GAG3 1188 Main Street Bank 04/26/2019 248,000.00 239,377.90 248,000.00 2.600 1,827 481 2.603 04/26/2024 33640VDD7 1231 First Service Bank 11/15/2019 248,000.00 236,264.17 248,000.00 1.700 1,643 500 1.701 05/15/2024 48128HXU7 1185 JP Morgan Chase 05/16/2019 245,000.00 238,509.43 245,000.00 3.250 1,827 501 3.254 05/16/2024 46256YAZ2 1186 Iowa State Bank 05/23/2019 245,000.00 235,645.23 245,000.00 2.400 1,827 508 2.403 05/23/2024 538036GVO 1238 Live Oak Bank 11/27/2019 248,000.00 236,313.19 248,000.00 1.800 1,644 513 1.802 05/28/2024 156634AK3 1184 Century Next Bank 05/29/2019 248,000.00 238,683.69 248,000.00 2.500 1,827 514 2.503 05/29/2024 72651LCL6 1195 Plains Commerce Bank 06/07/2019 245,000.00 236,108.56 245,000.00 2.550 1,827 523 2.553 06/07/2024 299547AQ2 1196 Liberty FCU F/K/A Evansville T 06/12/2019 248,000.00 239,010.46 248,000.00 2.600 1,827 528 2.603 06/12/2024 Portfolio CITY CID Run Date: 03/07/2023 - 12:54 PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Portfolio Details - Investments December 31, 2022 Page 6 CUSIP Investment # Average Issuer Balance Purchase Date Par Value Market Value Book Value Stated Rate Days to Term Maturity YTM 365 Maturity Date Certificate of Deposits 524661CB9 1197 Legacy Bank 06/19/2019 248,000.00 238,185.71 248,000.00 2.400 1,827 535 2.403 06/19/2024 176688CP2 1199 Citizens State Bank 06/21/2019 248,000.00 238,150.64 248,000.00 2.400 1,827 537 2.403 06/21/2024 20416TAQ5 1202 Communitywide FCU 06/28/2019 248,000.00 237,486.64 248,000.00 2.250 1,827 544 2.253 06/28/2024 761402BY1 1203 Revere Bank 06/28/2019 247,000.00 236,813.86 247,000.00 2.300 1,827 544 2.303 06/28/2024 00257TBD7 1207 Abacus Federal Savings 07/26/2019 248,000.00 236,068.90 248,000.00 1.950 1,827 572 1.952 07/26/2024 33625CCP2 1209 First Security Bank of WA 07/30/2019 248,000.00 236,421.97 248,000.00 2.000 1,827 576 2.002 07/30/2024 710571DS6 1210 People's Bank 07/31/2019 248,000.00 236,641.31 248,000.00 2.000 1,827 577 2.002 07/31/2024 740367HP5 1213 Preferred Bank 08/16/2019 249,000.00 237,046.61 249,000.00 2.000 1,827 593 2.002 08/16/2024 33766LAJ7 1216 FirsTier Bank 08/23/2019 249,000.00 236,712.78 249,000.00 1.950 1,827 600 1.952 08/23/2024 938828BH2 1215 Washington Federal 08/23/2019 248,000.00 235,960.59 248,000.00 2.000 1,827 600 2.002 08/23/2024 336460CX6 1222 First State Bk DeQueen 08/30/2019 248,000.00 235,274.06 248,000.00 1.800 1,827 607 1.802 08/30/2024 334342CD2 1221 First Natl Bk of Syracuse 08/30/2019 249,000.00 236,424.35 249,000.00 1.850 1,827 607 1.852 08/30/2024 15118RRH2 1220 Celtic Bank 08/30/2019 248,000.00 235,474.85 248,000.00 1.850 1,827 607 1.852 08/30/2024 05580AD50 1333 BMW Bank 09/10/2021 245,000.00 227,723.34 245,000.00 0.650 1,096 618 0.651 09/10/2024 06652CHBO 1227 BankWest Inc 09/27/2019 248,000.00 234,294.78 248,000.00 1.700 1,827 635 1.702 09/27/2024 84223QAN7 1286 Southern Bancorp Bk 06/26/2020 248,000.00 228,745.27 248,000.00 0.500 1,582 663 0.500 10/25/2024 804375DL4 1235 Sauk Valley B&T Co 11/07/2019 248,000.00 234,005.18 248,000.00 1.700 1,827 676 1.702 11/07/2024 61690UNX4 1237 Morgan Stanley Bank 11/20/2019 245,000.00 232,150.65 245,000.00 1.950 1,827 689 1.952 11/20/2024 61760A3133 1236 Morgan Stanley Private Bk, NA 11/20/2019 245,000.00 231,928.85 245,000.00 1.900 1,827 689 1.902 11/20/2024 064520BG3 1287 Bank Princeton 06/30/2020 248,000.00 227,806.17 248,000.00 0.500 1,644 729 0.500 12/30/2024 89388CEY0 1328 Transportation Alliance Bk TAB 07/23/2021 248,000.00 226,680.70 248,000.00 0.400 1,280 753 0.401 01/23/2025 06417NZQ9 1329 Bank OZK 07/29/2021 248,000.00 226,519.85 248,000.00 0.400 1,280 759 0.401 01/29/2025 90983WBT7 1249 United Community 02/07/2020 248,000.00 232,724.30 248,000.00 1.650 1,827 768 1.652 02/07/2025 32114VBT3 1250 First National Bank Michigan 02/14/2020 248,000.00 232,592.17 248,000.00 1.650 1,827 775 1.652 02/14/2025 35637RDC8 1248 Freedom Financial 02/14/2020 248,000.00 232,084.03 248,000.00 1.550 1,827 775 1.552 02/14/2025 029728BC5 1255 American State 02/21/2020 248,000.00 232,204.18 248,000.00 1.600 1,827 782 1.602 02/21/2025 17286TAG0 1252 Citadel FCU 02/27/2020 248,000.00 232,347.81 248,000.00 1.650 1,827 788 1.652 02/27/2025 00435JBH5 1256 Access Bank 03/13/2020 248,000.00 231,978.78 248,000.00 1.600 1,826 802 1.601 03/13/2025 849430BF9 1257 Spring Bank 03/20/2020 248,000.00 231,317.12 248,000.00 1.500 1,826 809 1.501 03/20/2025 05465DAE8 1258 Axos Bank 03/26/2020 248,000.00 232,000.07 248,000.00 1.650 1,826 815 1.651 03/26/2025 020080BX4 1267 Alma Bank 03/30/2020 248,000.00 230,627.12 248,000.00 1.400 1,824 817 1.399 03/28/2025 2027506M2 1268 Commonwealth Business Bk 03/31/2020 248,000.00 230,082.11 248,000.00 1.250 1,826 820 1.251 03/31/2025 654062JZ2 1266 Nicolet Natl Bank 03/31/2020 248,000.00 230,887.04 248,000.00 1.400 1,826 820 1.401 03/31/2025 14042TDD6 1271 Capital One USA FDIC33954 04/08/2020 245,000.00 228,974.53 245,000.00 1.600 1,826 828 1.601 04/08/2025 02007GPX5 1388 Ally Bank Midvale 04/21/2022 245,000.00 233,843.73 245,000.00 2.550 1,096 841 2.550 04/21/2025 52168UHY1 1389 Leader Bank 04/22/2022 245,000.00 233,831.34 245,000.00 2.550 1,096 842 2.552 04/22/2025 Portfolio CITY CID Run Date: 03/07/2023 - 12:54 PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Portfolio Details - Investments December 31, 2022 Page 7 CUSIP Investment # Average Issuer Balance Purchase Date Par Value Market Value Book Value Stated Rate Days to Term Maturity YTM 365 Maturity Date Certificate of Deposits 32112UDR9 1274 First Natl Bk McGregor 04/28/2020 248,000.00 229,893.04 248,000.00 1.350 1,826 848 1.351 04/28/2025 32027BALl 1273 First Freedom Bank 04/29/2020 249,000.00 229,964.98 249,000.00 1.200 1,826 849 1.201 04/29/2025 33847E3A3 1276 Flagstar 04/30/2020 248,000.00 229,613.36 248,000.00 1.250 1,826 850 1.251 04/30/2025 32056GDJ6 1278 1st Internet Bank 05/11/2020 248,000.00 227,809.08 248,000.00 1.000 1,827 862 0.985 05/12/2025 95960NKD8 1277 Western State Bank 05/13/2020 245,000.00 225,198.34 245,000.00 1.000 1,826 863 1.001 05/13/2025 254673E69 1392 Discover Bank Greenwood DE CF 05/24/2022 245,000.00 236,649.20 245,000.00 3.100 1,099 877 3.103 05/27/2025 169894AS1 1284 Chippewa Valley Bk 06/24/2020 248,000.00 224,673.18 248,000.00 0.600 1,826 905 0.600 06/24/2025 307811 DF3 1363 Farmers & Merch 01/14/2022 249,000.00 227,082.08 249,000.00 0.900 1,277 925 0.900 07/14/2025 70962LAF9 1331 Pentagon FCU 09/01/2021 249,000.00 225,075.04 249,000.00 0.700 1,462 975 0.687 09/02/2025 914242AA0 1429 University Credit Union 09/26/2022 248,000.00 244,983.05 248,000.00 4.000 1,096 999 3.891 09/26/2025 51507LCC6 1305 Landmark Community Bank 01/22/2021 248,000.00 220,342.05 248,000.00 0.500 1,826 1,117 0.500 01/22/2026 84229LBA9 1434 Southern Bank 10/28/2022 244,000.00 243,344.20 244,000.00 4.250 1,188 1,123 4.254 01/28/2026 87270LDL4 1306 TIAA FKA EverBank 02/12/2021 245,000.00 217,536.24 245,000.00 0.500 1,826 1,138 0.500 02/12/2026 64034KAZ4 1376 Nelnet Bank 03/02/2022 245,000.00 226,711.46 245,000.00 1.800 1,461 1,156 1.801 03/02/2026 39573LBC1 1313 Greenstate FCU 04/16/2021 249,000.00 223,151.97 249,000.00 0.950 1,826 1,201 0.951 04/16/2026 89235MKY6 1314 Toyota Financial Savings Bank 04/22/2021 245,000.00 219,268.04 245,000.00 0.900 1,826 1,207 0.900 04/22/2026 14622LAAO 1316 Carter FCU 04/27/2021 248,000.00 220,482.64 248,000.00 0.750 1,826 1,212 0.750 04/27/2026 31617CAV5 1317 Fidelity Homestead 04/30/2021 248,000.00 220,154.43 248,000.00 0.700 1,826 1,215 0.711 04/30/2026 501798RP9 1356 LCA Bank Corp 12/27/2021 248,000.00 221,732.17 248,000.00 1.000 1,642 1,272 1.000 06/26/2026 92559TAJ7 1325 Vibrant Credit Union 07/02/2021 249,000.00 220,824.40 248,377.50 0.800 1,824 1,276 0.852 06/30/2026 38149MXK4 1326 Goldman Sachs 07/28/2021 248,000.00 221,245.42 248,000.00 1.000 1,826 1,304 1.001 07/28/2026 795451AFO 1327 Sallie Mae Bank Salt Lake City 07/28/2021 248,000.00 221,245.42 248,000.00 1.000 1,826 1,304 1.001 07/28/2026 87165ET98 1332 Synchrony Bank Retail 09/03/2021 245,000.00 217,309.22 245,000.00 0.900 1,826 1,341 0.900 09/03/2026 20786ADL6 1334 Connect One 09/24/2021 248,000.00 218,480.01 248,000.00 0.800 1,826 1,362 0.800 09/24/2026 59013KPN0 1345 Merrick Bank 11/09/2021 249,000.00 221,429.77 249,000.00 1.100 1,826 1,408 1.101 11/09/2026 14042RQBO 1346 Capital One Natl Assn FDIC4297 11/17/2021 248,000.00 220,607.19 248,000.00 1.100 1,826 1,416 1.101 11/17/2026 20825WAR1 1357 Connexus CU 12/23/2021 249,000.00 222,173.83 249,000.00 1.250 1,826 1,452 1.250 12/23/2026 89786MAF1 1368 True Sky FCU 02/04/2022 245,000.00 221,573.76 245,000.00 1.600 1,826 1,495 1.601 02/04/2027 02357QAQ0 1372 Amerant Bank 02/14/2022 245,000.00 221,399.22 245,000.00 1.600 1,828 1,507 1.601 02/16/2027 07371AYE7 1370 Beal Bank TX 02/23/2022 245,000.00 224,187.98 245,000.00 1.900 1,820 1,508 1.901 02/17/2027 073710E88 1371 Beal Bank USA 02/23/2022 245,000.00 224,187.98 245,000.00 1.900 1,820 1,508 1.901 02/17/2027 59161YAP1 1373 Metro Credit Union 02/18/2022 249,000.00 225,765.41 249,000.00 1.700 1,826 1,509 1.701 02/18/2027 24773RCR4 1377 Delta Natl B&T 03/09/2022 245,000.00 225,024.59 245,000.00 2.000 1,814 1,516 2.001 02/25/2027 27004PCM3 1375 Eaglemark Savings 03/02/2022 245,000.00 225,044.73 245,000.00 2.000 1,826 1,521 2.001 03/02/2027 91139LAB2 1378 United Roosevelt Savings 03/11/2022 248,000.00 226,580.10 248,000.00 1.900 1,826 1,530 1.901 03/11/2027 565819AG4 1379 Marathon Bnak 03/16/2022 248,000.00 225,546.67 248,000.00 1.800 1,826 1,535 1.801 03/16/2027 Portfolio CITY CID Run Date: 03/07/2023 - 12:54 PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Page Portfolio Details - Investments December 31, 2022 Average Purchase Stated Days to YTM Maturity CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365 Date Certificate of Deposits 20033A3A2 1386 Comenity Capital Bank 04/14/2022 248,000.00 233,628.10 248,000.00 2.650 1,826 1,564 2.652 04/14/2027 397417AQ9 1419 Greenwoods State Bank 05/17/2022 248,000.00 237,471.43 248,000.00 3.050 1,826 1,597 3.052 05/17/2027 02589ADH2 1421 American Express, NB 08/29/2022 245,000.00 238,534.81 245,000.00 3.450 1,793 1,668 3.067 07/27/2027 88413QDN5 1420 Third Federal Savings and Loan 08/19/2022 245,000.00 236,981.45 245,000.00 3.300 1,826 1,691 3.302 08/19/2027 732329BD8 1425 Ponce Bank 09/15/2022 248,000.00 241,977.18 248,000.00 3.500 1,826 1,718 3.502 09/15/2027 052392BT3 1427 Austin Telco FCU 09/21/2022 248,000.00 245,194.58 248,000.00 3.800 1,826 1,724 3.770 09/21/2027 22258JAB7 1430 County Schools FCU 09/30/2022 248,000.00 251,783.42 248,000.00 4.400 1,826 1,733 4.325 09/30/2027 34520LATO 1435 Forbright Bank 11/02/2022 248,000.00 254,154.36 248,000.00 4.600 1,826 1,766 4.602 11/02/2027 25460FDW3 1438 Direct FCU 11/07/2022 248,000.00 256,385.57 248,000.00 4.800 1,827 1,772 4.735 11/08/2027 914098DJ4 1442 University Bank 11/30/2022 249,000.00 250,887.45 249,000.00 4.200 1,826 1,794 4.202 11/30/2027 25844MAK4 1447 Dort Financial CU 12/16/2022 247,000.00 252,238.30 247,000.00 4.500 1,826 1,810 4.503 12/16/2027 01664MAB2 1448 All In FCU 12/20/2022 248,000.00 252,158.69 248,000.00 4.400 1,826 1,814 4.402 12/20/2027 51828MAC8 1449 Latino Comm. CU 12/21/2022 248,000.00 253,291.61 248,000.00 4.500 1,826 1,815 4.503 12/21/2027 45157PAZ3 1450 Ideal CU 12/29/2022 248,000.00 253,313.17 248,000.00 4.500 1,826 1,823 4.502 12/29/2027 01882MAC6 1451 Alliant CU 12/30/2022 247,000.00 258,055.23 247,000.00 5.000 1,826 1,824 5.003 12/30/2027 Subtotal and Average 32,733,119.44 32,871,000.00 31,294,573.93 32,870,377.50 1,676 821 2.122 Corporate Notes 19416QEA4 1175 Colgate-Palmolive 03/04/2019 500,000.00 498,970.00 485,250.00 1.950 1,430 31 2.751 02/01/2023 594918BQ6 1157 Microsoft Corporation 10/15/2018 400,000.00 393,652.00 378,360.00 2.000 1,758 219 3.222 08/08/2023 45950VPS9 1308 International Finance Corp. 02/26/2021 500,000.00 442,840.00 497,300.00 0.500 1,826 1,152 0.610 02/26/2026 Subtotal and Average 1,585,203.55 1,400,000.00 1,335,462.00 1,360,910.00 1,666 493 2.099 Money Market with Fiscal Agent SYS1058 1058 US Bank 07/01/2016 4,631.32 4,631.32 4,631.32 1 1 0.000 Subtotal and Average 4,619.88 4,631.32 4,631.32 4,631.32 1 1 0.000 CERBT - OPEB Trust SYS1114 1114 CalPERS CERBT Plan 07/01/2022 1,750,883.78 1,750,883.78 1,750,883.78 1 1 0.000 Subtotal and Average 1,666,109.34 1,750,883.78 1,750,883.78 1,750,883.78 1 1 0.000 PARS Pension Trust SYS1230 1230 Pblc Agncy Rtrmnt Sery 10,005,834.33 10,005,834.33 10,005,834.33 1 1 0.000 Subtotal and Average 10,193,781.04 10,005,834.33 10,005,834.33 10,005,834.33 1 1 0.000 Portfolio CITY CID Run Date: 03/07/2023 - 12:54 PM (PRF_PM2) 7.3.0 City of La Quinta Portfolio Management Portfolio Details - Investments December 31, 2022 Average Purchase Stated Days to YTM CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365 Total and Average 208,618,033.59 213,587,343.66 206,169,823.91 212,435,250.80 791 476 2.166 Page 9 Portfolio CITY CID Run Date: 03/07/2023 - 12:54 PM (PRF_PM2) 7.3.0 t(v Qaigr(v GEM of the DESERT - City of La Quinta Total Earnings Sorted by Fund - Fund December 1, 2022 - December 31, 2022 City of La Quinta CUSIP Investment # Fund Issuer Ending Par Value Beginning Book Value Ending Book Value Current Rate Annualized Yield Interest Earned Adjusted Interest Earnings Amortization/ Realized Accretion Gainl/Loss Adjusted Interest Earnings Fund: General Fund 98-33-434 1055 101 LAIF 18,832,216.42 18,832,216.42 18,832,216.42 2.173 2.074 33,165.29 0.00 0.00 33,165.29 SYS1059 1059 101 CITYPC 3,300.00 3,300.00 3,300.00 0.00 0.00 0.00 0.00 499724ABB 1110 101 KNOX 0.00 245,000.00 0.00 2.400 2.400 451.07 0.00 0.00 451.07 SYS1114 1114 101 CALPRS 1,750,883.78 1,660,262.83 1,750,883.78 0.00 0.00 0.00 0.00 034577AH9 1119 101 ANECA 245,000.00 245,000.00 245,000.00 2.800 2.800 582.63 0.00 0.00 582.63 17312QJ26 1123 101 CITINA 245,000.00 245,000.00 245,000.00 2.900 2.900 603.44 0.00 0.00 603.44 29278TAY6 1125 101 ENER 240,000.00 240,000.00 240,000.00 2.950 2.950 601.32 0.00 0.00 601.32 74934YAH4 1144 101 RCB 245,000.00 245,000.00 245,000.00 3.150 3.150 655.46 0.00 0.00 655.46 32110YLK9 1147 101 1STNBA 245,000.00 245,000.00 245,000.00 3.150 3.150 655.46 0.00 0.00 655.46 06426KAN8 1151 101 NWENGL 249,000.00 249,000.00 249,000.00 3.250 3.250 687.31 0.00 0.00 687.31 SYS1153 1153 101 CAMP 28,267,381.63 28,164,426.56 28,267,381.63 4.300 4.304 102,955.07 0.00 0.00 102,955.07 474067AQ8 1154 101 JEFF 245,000.00 245,000.00 245,000.00 3.350 3.350 697.08 0.00 0.00 697.08 57116ARV2 1155 101 MARBUS 248,000.00 248,000.00 248,000.00 3.300 3.300 695.08 0.00 0.00 695.08 594918BQ6 1157 101 MCRSFT 400,000.00 378,360.00 378,360.00 2.000 2.075 666.67 0.00 0.00 666.67 3133EJYL7 1158 101 FFCB 250,000.00 247,275.00 247,275.00 2.800 2.778 583.34 0.00 0.00 583.34 625925AR3 1160 101 MUNTRS 245,000.00 245,000.00 245,000.00 3.200 3.200 665.86 0.00 0.00 665.86 90348JEJ5 1161 101 UBS 245,000.00 245,000.00 245,000.00 3.350 3.350 697.08 0.00 0.00 697.08 20143PDV9 1162 101 COMMBK 248,000.00 248,000.00 248,000.00 3.400 3.400 716.14 0.00 0.00 716.14 67054NAN3 1164 101 NMRCA 248,000.00 248,000.00 248,000.00 3.550 3.550 747.74 0.00 0.00 747.74 75701LAB3 1166 101 REDRCK 0.00 248,000.00 0.00 3.350 3.350 159.33 0.00 0.00 159.33 58404DCX7 1169 101 MEDBA 0.00 248,000.00 0.00 3.400 3.400 161.71 0.00 0.00 161.71 635573AL2 1170 101 NLCOOP 245,000.00 245,000.00 245,000.00 3.400 3.400 707.48 0.00 0.00 707.48 066851WJ1 1172 101 BARHAR 248,000.00 248,000.00 248,000.00 3.350 3.350 705.61 0.00 0.00 705.61 619165JD6 1173 101 MORTN 248,000.00 248,000.00 248,000.00 2.750 2.750 579.23 0.00 0.00 579.23 949763XY7 1174 101 WELLS 248,000.00 248,000.00 248,000.00 3.000 3.000 631.89 0.00 0.00 631.89 19416QEA4 1175 101 COLGTE 500,000.00 485,250.00 485,250.00 1.950 1.971 812.50 0.00 0.00 812.50 3130AFW94 1177 101 FHLB 500,000.00 498,550.00 498,550.00 2.500 2.460 1,041.67 0.00 0.00 1,041.67 321176CX4 1179 101 1STNBK 248,000.00 248,000.00 248,000.00 2.800 2.800 589.76 0.00 0.00 589.76 92535LCD4 1180 101 VERUS 248,000.00 248,000.00 248,000.00 2.700 2.700 568.71 0.00 0.00 568.71 66736ABP3 1181 101 NRTHWS 248,000.00 248,000.00 248,000.00 2.950 2.950 621.36 0.00 0.00 621.36 Run Date: 03/07/2023 - 13:12 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 2 December 1, 2022 - December 31, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund 156634AK3 1184 101 CENTNX 248,000.00 248,000.00 248,000.00 2.500 2.500 526.57 0.00 0.00 526.57 48128HXU7 1185 101 JPMORG 245,000.00 245,000.00 245,000.00 3.250 3.250 676.27 0.00 0.00 676.27 46256YAZ2 1186 101 IOWAST 245,000.00 245,000.00 245,000.00 2.400 2.400 499.39 0.00 0.00 499.39 56065GAG3 1188 101 MAINST 248,000.00 248,000.00 248,000.00 2.600 2.600 547.64 0.00 0.00 547.64 20726ABA5 1189 101 CONGRS 248,000.00 248,000.00 248,000.00 2.500 2.500 526.58 0.00 0.00 526.58 931142DU4 1190 101 WALMRT 0.00 496,650.00 0.00 2.350 19.984 456.94 0.00 3,350.00 3,806.94 725404A133 1194 101 PITTS 245,000.00 245,000.00 245,000.00 2.500 2.500 520.20 0.00 0.00 520.20 72651LCL6 1195 101 PLAINS 245,000.00 245,000.00 245,000.00 2.550 2.550 530.61 0.00 0.00 530.61 299547AQ2 1196 101 EVNSCU 248,000.00 248,000.00 248,000.00 2.600 2.600 547.64 0.00 0.00 547.64 524661CB9 1197 101 LEGCY 248,000.00 248,000.00 248,000.00 2.400 2.400 505.51 0.00 0.00 505.51 3133EKQP4 1198 101 FFCB 0.00 499,500.00 0.00 1.875 5.224 286.46 0.00 500.00 786.46 176688CP2 1199 101 CTZNST 248,000.00 248,000.00 248,000.00 2.400 2.400 505.52 0.00 0.00 505.52 20416TAQ5 1202 101 COMMW 248,000.00 248,000.00 248,000.00 2.250 2.250 473.92 0.00 0.00 473.92 761402BY1 1203 101 REVER 247,000.00 247,000.00 247,000.00 2.300 2.300 482.50 0.00 0.00 482.50 02772J13131 1205 101 AMRNTL 248,000.00 248,000.00 248,000.00 2.000 2.000 421.26 0.00 0.00 421.26 3135GOV75 1206 101 FNMA 500,000.00 495,950.00 495,950.00 1.750 1.731 729.16 0.00 0.00 729.16 00257TBD7 1207 101 ABACUS 248,000.00 248,000.00 248,000.00 1.950 1.950 410.73 0.00 0.00 410.73 51210SQU4 1208 101 LKSIDE 248,000.00 248,000.00 248,000.00 2.000 2.000 421.26 0.00 0.00 421.26 33625CCP2 1209 101 1STSEC 248,000.00 248,000.00 248,000.00 2.000 2.000 421.26 0.00 0.00 421.26 710571 DS6 1210 101 PEOPLE 248,000.00 248,000.00 248,000.00 2.000 2.000 421.26 0.00 0.00 421.26 3133EKWV4 1212 101 FFCB 500,000.00 499,500.00 499,500.00 1.850 1.817 770.83 0.00 0.00 770.83 740367HP5 1213 101 PREFRD 249,000.00 249,000.00 249,000.00 2.000 2.000 422.96 0.00 0.00 422.96 938828131-12 1215 101 WSHFED 248,000.00 248,000.00 248,000.00 2.000 2.000 421.26 0.00 0.00 421.26 33766LAJ7 1216 101 1STIER 249,000.00 249,000.00 249,000.00 1.950 1.950 412.38 0.00 0.00 412.38 912828T26 1217 101 USTR 500,000.00 499,300.00 499,300.00 1.375 1.381 585.50 0.00 0.00 585.50 75472RAD3 1218 101 RAYJAM 244,000.00 244,000.00 244,000.00 1.950 1.950 404.10 0.00 0.00 404.10 15118RRH2 1220 101 CELTIC 248,000.00 248,000.00 248,000.00 1.850 1.850 389.67 0.00 0.00 389.67 334342CD2 1221 101 1STNBS 249,000.00 249,000.00 249,000.00 1.850 1.850 391.24 0.00 0.00 391.24 336460CX6 1222 101 1STDQN 248,000.00 248,000.00 248,000.00 1.800 1.800 379.13 0.00 0.00 379.13 3133EKZK5 1223 101 FFCB 500,000.00 499,400.00 499,400.00 1.600 1.572 666.66 0.00 0.00 666.66 3133EKP75 1224 101 FFCB 500,000.00 498,750.00 498,750.00 1.600 1.574 666.67 0.00 0.00 666.67 06652CHBO 1227 101 BNKWST 248,000.00 248,000.00 248,000.00 1.700 1.700 358.07 0.00 0.00 358.07 059731851 1228 101 BOTW 8,750,301.52 4,792,555.30 8,750,301.52 0.01 0.00 0.00 0.01 SYS1230 1230 101 PARS 10,005,834.33 10,206,742.88 10,005,834.33 0.01 0.00 0.00 0.01 33640VDD7 1231 101 1STSER 248,000.00 248,000.00 248,000.00 1.700 1.700 358.07 0.00 0.00 358.07 3133EK4X1 1234 101 FFCB 1,000,000.00 996,900.00 996,900.00 1.600 1.575 1,333.34 0.00 0.00 1,333.34 804375DL4 1235 101 SAUKVL 248,000.00 248,000.00 248,000.00 1.700 1.700 358.07 0.00 0.00 358.07 Run Date: 03/07/2023 - 13:12 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 3 December 1, 2022 - December 31, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund 61760A3133 1236 101 MSPRIV 245,000.00 245,000.00 245,000.00 1.900 1.900 395.35 0.00 0.00 395.35 61690UNX4 1237 101 MORGST 245,000.00 245,000.00 245,000.00 1.950 1.950 405.76 0.00 0.00 405.76 538036GV0 1238 101 LIVEOK 248,000.00 248,000.00 248,000.00 1.800 1.800 379.13 0.00 0.00 379.13 49228XAK6 1239 101 KERNCU 0.00 248,000.00 0.00 1.900 1.900 387.29 0.00 0.00 387.29 79772FAC0 1240 101 SF FCU 0.00 248,000.00 0.00 1.850 1.850 377.10 0.00 0.00 377.10 912828YV6 1241 101 USTR 1,000,000.00 989,687.50 989,687.50 1.500 1.520 1,277.47 0.00 0.00 1,277.47 3133ELEA8 1242 101 FFCB 1,000,000.00 998,600.00 998,600.00 1.700 1.670 1,416.67 0.00 0.00 1,416.67 949495AT2 1244 101 WFNBW 248,000.00 248,000.00 248,000.00 1.900 1.900 400.20 0.00 0.00 400.20 3133ELNE0 1246 101 FFCB 1,000,000.00 999,000.00 999,000.00 1.430 1.404 1,191.66 0.00 0.00 1,191.66 35637RDC8 1248 101 FRDMFI 248,000.00 248,000.00 248,000.00 1.550 1.550 326.48 0.00 0.00 326.48 90983WBT7 1249 101 UNTDCM 248,000.00 248,000.00 248,000.00 1.650 1.650 347.54 0.00 0.00 347.54 32114VBT3 1250 101 1STNM1 248,000.00 248,000.00 248,000.00 1.650 1.650 347.54 0.00 0.00 347.54 77579ADF0 1251 101 RLLSTN 245,000.00 245,000.00 245,000.00 1.650 1.650 343.34 0.00 0.00 343.34 17286TAG0 1252 101 CITADL 248,000.00 248,000.00 248,000.00 1.650 1.650 347.54 0.00 0.00 347.54 81768PAF3 1254 101 SERVIS 248,000.00 248,000.00 248,000.00 1.600 1.600 337.01 0.00 0.00 337.01 029728BC5 1255 101 AMERST 248,000.00 248,000.00 248,000.00 1.600 1.600 337.01 0.00 0.00 337.01 00435JBH5 1256 101 ACCSS 248,000.00 248,000.00 248,000.00 1.600 1.600 337.01 0.00 0.00 337.01 849430BF9 1257 101 SPRING 248,000.00 248,000.00 248,000.00 1.500 1.500 315.94 0.00 0.00 315.94 05465DAE8 1258 101 AXOS 248,000.00 248,000.00 248,000.00 1.650 1.650 347.54 0.00 0.00 347.54 882213AB7 1260 101 TEXAS 245,000.00 245,000.00 245,000.00 1.100 1.100 228.89 0.00 0.00 228.89 89579NCD3 1262 101 TRIAD 248,000.00 248,000.00 248,000.00 1.350 1.350 284.35 0.00 0.00 284.35 66704MEQ0 1263 101 NRTHSR 248,000.00 248,000.00 248,000.00 1.150 1.150 242.22 0.00 0.00 242.22 954444BS3 1265 101 WESTMI 248,000.00 248,000.00 248,000.00 1.150 1.150 242.22 0.00 0.00 242.22 654062JZ2 1266 101 NCOLET 248,000.00 248,000.00 248,000.00 1.400 1.400 294.88 0.00 0.00 294.88 020080BX4 1267 101 ALMABK 248,000.00 248,000.00 248,000.00 1.400 1.400 294.88 0.00 0.00 294.88 2027506M2 1268 101 CMWBUS 248,000.00 248,000.00 248,000.00 1.250 1.250 263.29 0.00 0.00 263.29 69506YRH4 1269 101 PACWST 245,000.00 245,000.00 245,000.00 1.300 1.300 270.51 0.00 0.00 270.51 08016PDQ9 1270 101 BELB&T 248,000.00 248,000.00 248,000.00 1.250 1.250 263.29 0.00 0.00 263.29 14042TDD6 1271 101 CAPONE 245,000.00 245,000.00 245,000.00 1.600 1.600 332.93 0.00 0.00 332.93 472382AQ3 1272 101 THEJEF 248,000.00 248,000.00 248,000.00 1.250 1.250 263.28 0.00 0.00 263.28 32027BALl 1273 101 1STFDM 249,000.00 249,000.00 249,000.00 1.200 1.200 253.77 0.00 0.00 253.77 32112UDR9 1274 101 1STMCG 248,000.00 248,000.00 248,000.00 1.350 1.350 284.35 0.00 0.00 284.35 33847E3A3 1276 101 FLGSTR 248,000.00 248,000.00 248,000.00 1.250 1.250 263.29 0.00 0.00 263.29 95960NKD8 1277 101 WSTRNS 245,000.00 245,000.00 245,000.00 1.000 1.000 208.08 0.00 0.00 208.08 32056GDJ6 1278 101 1STINT 248,000.00 248,000.00 248,000.00 1.000 1.000 210.63 0.00 0.00 210.63 3134GVYG7 1279 101 FHLMC 1,000,000.00 1,000,000.00 1,000,000.00 0.625 0.613 520.84 0.00 0.00 520.84 3133ELH23 1280 101 FFCB 500,000.00 499,850.00 499,850.00 0.500 0.491 208.34 0.00 0.00 208.34 Run Date: 03/07/2023 - 13:12 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 4 December 1, 2022 - December 31, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund 3130AJKW8 1281 101 FHLB 500,000.00 499,850.00 499,850.00 0.500 0.491 208.33 0.00 0.00 208.33 3133ELH80 1282 101 FFCB 500,000.00 500,000.00 500,000.00 0.680 0.667 283.33 0.00 0.00 283.33 3130AJRP6 1283 101 FHLB 300,000.00 300,000.00 300,000.00 0.680 0.667 170.00 0.00 0.00 170.00 169894AS1 1284 101 CHIPVA 248,000.00 248,000.00 248,000.00 0.600 0.600 126.38 0.00 0.00 126.38 02616AAH2 1285 101 AMRIST 248,000.00 248,000.00 248,000.00 0.350 0.350 73.72 0.00 0.00 73.72 84223QAN7 1286 101 STHRNB 248,000.00 248,000.00 248,000.00 0.500 0.500 105.32 0.00 0.00 105.32 064520BG3 1287 101 BKPRNC 248,000.00 248,000.00 248,000.00 0.500 0.500 105.32 0.00 0.00 105.32 3135G05S8 1288 101 FNMA 500,000.00 500,000.00 500,000.00 0.500 0.491 208.33 0.00 0.00 208.33 3136G4N74 1289 101 FNMA 1,000,000.00 1,000,000.00 1,000,000.00 0.560 0.549 466.66 0.00 0.00 466.66 3136G4M75 1290 101 FNMA 500,000.00 499,750.00 499,750.00 0.520 0.510 216.67 0.00 0.00 216.67 3135G06E8 1291 101 FNMA 500,000.00 499,250.00 499,250.00 0.420 0.413 175.00 0.00 0.00 175.00 3135GA2Z3 1292 101 FNMA 500,000.00 499,250.00 499,250.00 0.560 0.550 233.33 0.00 0.00 233.33 SYS1293 1293 101 BNY 10,021,758.89 9,904,170.65 10,021,758.89 0.00 0.00 0.00 0.00 3137EAEU9 1297 101 FHLMC 1,000,000.00 997,300.00 997,300.00 0.375 0.369 312.50 0.00 0.00 312.50 3130AKFA9 1298 101 FHLB 500,000.00 497,400.00 497,400.00 0.375 0.370 156.25 0.00 0.00 156.25 3135GA7D7 1299 101 FNMA 500,000.00 500,000.00 500,000.00 0.600 0.589 250.00 0.00 0.00 250.00 3135GAAW1 1300 101 FNMA 500,000.00 500,000.00 500,000.00 0.400 0.392 166.67 0.00 0.00 166.67 3134GXGZ1 1301 101 FHLMC 500,000.00 500,000.00 500,000.00 0.550 0.540 229.17 0.00 0.00 229.17 3130AKMZ6 1302 101 FHLB 500,000.00 500,000.00 500,000.00 0.510 0.500 212.50 0.00 0.00 212.50 91282CBC4 1303 101 USTR 500,000.00 498,632.81 498,632.81 0.375 0.373 158.03 0.00 0.00 158.03 3130AKN28 1304 101 FHLB 500,000.00 500,000.00 500,000.00 0.550 0.540 229.17 0.00 0.00 229.17 51507LCC6 1305 101 LNDMRK 248,000.00 248,000.00 248,000.00 0.500 0.500 105.32 0.00 0.00 105.32 87270LDL4 1306 101 EVRBA 245,000.00 245,000.00 245,000.00 0.500 0.500 104.04 0.00 0.00 104.04 3137EAEX3 1307 101 FHLMC 500,000.00 495,999.50 495,999.50 0.375 0.371 156.25 0.00 0.00 156.25 45950VPS9 1308 101 IFC 500,000.00 497,300.00 497,300.00 0.500 0.499 210.60 0.00 0.00 210.60 91282CBH3 1309 101 USTR 500,000.00 495,100.00 495,100.00 0.375 0.376 157.95 0.00 0.00 157.95 3137EAEX3 1310 101 FHLMC 1,000,000.00 983,940.00 983,940.00 0.375 0.374 312.50 0.00 0.00 312.50 91282CAT8 1311 101 USTR 1,000,000.00 977,500.00 977,500.00 0.250 0.258 214.09 0.00 0.00 214.09 3130ALV92 1312 101 FHLB 500,000.00 500,000.00 500,000.00 1.050 1.030 437.50 0.00 0.00 437.50 39573LBC1 1313 101 GRNST 249,000.00 249,000.00 249,000.00 0.950 0.950 200.91 0.00 0.00 200.91 89235MKY6 1314 101 TOYFSB 245,000.00 245,000.00 245,000.00 0.900 0.900 187.28 0.00 0.00 187.28 91282CAZ4 1315 101 USTR 500,000.00 492,187.50 492,187.50 0.375 0.382 159.69 0.00 0.00 159.69 14622LAA0 1316 101 CARTER 248,000.00 248,000.00 248,000.00 0.750 0.750 157.97 0.00 0.00 157.97 31617CAV5 1317 101 FIDHMS 248,000.00 248,000.00 248,000.00 0.700 0.700 147.44 0.00 0.00 147.44 SYS1318 1318 101 DPME 727,775.83 687,919.90 727,775.83 0.00 0.00 0.00 0.00 91282CBQ3 1319 101 USTR 500,000.00 494,165.00 494,165.00 0.500 0.510 214.09 0.00 0.00 214.09 91282CBT7 1320 101 USTR 500,000.00 499,525.00 499,525.00 0.750 0.753 319.36 0.00 0.00 319.36 Run Date: 03/07/2023 - 13:12 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 5 December 1, 2022 - December 31, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund 91282CCF6 1321 101 USTR 1,000,000.00 997,060.00 997,060.00 0.750 0.754 638.74 0.00 0.00 638.74 91282CBT7 1322 101 USTR 500,000.00 498,450.00 498,450.00 0.750 0.754 319.36 0.00 0.00 319.36 91282CCF6 1323 101 USTR 500,000.00 497,095.00 497,095.00 0.750 0.756 319.37 0.00 0.00 319.37 3130AMFS6 1324 101 FHLB 1,000,000.00 993,420.00 993,420.00 0.750 0.741 625.00 0.00 0.00 625.00 92559TAJ7 1325 101 VIBRNT 249,000.00 248,377.50 248,377.50 0.800 0.802 169.18 0.00 0.00 169.18 38149MXK4 1326 101 GLDMAN 248,000.00 248,000.00 248,000.00 1.000 1.000 210.63 0.00 0.00 210.63 795451AF0 1327 101 SALMAE 248,000.00 248,000.00 248,000.00 1.000 1.000 210.63 0.00 0.00 210.63 89388CEY0 1328 101 TABBK 248,000.00 248,000.00 248,000.00 0.400 0.400 84.25 0.00 0.00 84.25 06417NZQ9 1329 101 BKOZK 248,000.00 248,000.00 248,000.00 0.400 0.400 84.25 0.00 0.00 84.25 3133EM2C5 1330 101 FFCB 500,000.00 498,000.00 498,000.00 0.710 0.699 295.84 0.00 0.00 295.84 70962LAF9 1331 101 PENTGN 249,000.00 249,000.00 249,000.00 0.700 0.700 148.04 0.00 0.00 148.04 87165ET98 1332 101 SYNCHR 245,000.00 245,000.00 245,000.00 0.900 0.900 187.27 0.00 0.00 187.27 05580AD50 1333 101 BMW 245,000.00 245,000.00 245,000.00 0.650 0.650 135.25 0.00 0.00 135.25 20786ADL6 1334 101 CONNEC 248,000.00 248,000.00 248,000.00 0.800 0.800 168.51 0.00 0.00 168.51 91282CCP4 1335 101 USTR 1,000,000.00 983,750.00 983,750.00 0.625 0.630 526.50 0.00 0.00 526.50 91282CCW9 1336 101 USTR 1,000,000.00 988,500.00 988,500.00 0.750 0.765 642.26 0.00 0.00 642.26 3130APBM6 1337 101 FHLB 1,000,000.00 999,000.00 999,000.00 1.000 0.982 833.34 0.00 0.00 833.34 3133EM4X7 1338 101 FFCB 1,000,000.00 991,080.00 991,080.00 0.800 0.792 666.67 0.00 0.00 666.67 3130APB46 1339 101 FHLB 1,000,000.00 998,250.00 998,250.00 0.950 0.934 791.66 0.00 0.00 791.66 3133EMX64 1340 101 FFCB 500,000.00 499,002.04 499,002.04 0.170 0.167 70.83 0.00 0.00 70.83 91282CCN9 1341 101 USTR 500,000.00 497,792.97 497,792.97 0.125 0.125 52.65 0.00 0.00 52.65 91282CBE0 1342 101 USTR 1,000,000.00 991,000.00 991,000.00 0.125 0.125 105.30 0.00 0.00 105.30 91282CDB4 1343 101 USTR 1,000,000.00 996,320.00 996,320.00 0.625 0.629 532.28 0.00 0.00 532.28 3133ENCQ1 1344 101 FFCB 1,000,000.00 1,000,000.00 1,000,000.00 1.270 1.246 1,058.33 0.00 0.00 1,058.33 59013KPN0 1345 101 MRRCK 249,000.00 249,000.00 249,000.00 1.100 1.100 232.63 0.00 0.00 232.63 14042RQBO 1346 101 CAP1 NA 248,000.00 248,000.00 248,000.00 1.100 1.100 231.69 0.00 0.00 231.69 3130APTV7 1347 101 FHLB 500,000.00 499,500.00 499,500.00 0.700 0.687 291.66 0.00 0.00 291.66 3133ENBT6 1348 101 FFCB 1,000,000.00 998,530.00 998,530.00 0.180 0.177 150.00 0.00 0.00 150.00 91282CBU4 1349 101 USTR 1,000,000.00 996,718.75 996,718.75 0.125 0.126 106.46 0.00 0.00 106.46 91282CCD1 1350 101 USTR 1,000,000.00 995,468.75 995,468.75 0.125 0.126 106.46 0.00 0.00 106.46 91282CBA8 1351 101 USTR 1,000,000.00 990,000.00 990,000.00 0.125 0.126 106.19 0.00 0.00 106.19 91282CBR1 1352 101 USTR 1,000,000.00 989,800.00 989,800.00 0.250 0.255 214.09 0.00 0.00 214.09 3130AP2U8 1353 101 FHLB 1,000,000.00 987,100.00 987,100.00 0.550 0.547 458.33 0.00 0.00 458.33 3135G06G3 1354 101 FNMA 1,000,000.00 976,300.00 976,300.00 0.500 0.503 416.67 0.00 0.00 416.67 3133ENGN4 1355 101 FFCB 1,000,000.00 1,000,000.00 1,000,000.00 0.970 0.952 808.34 0.00 0.00 808.34 501798RP9 1356 101 LCA 248,000.00 248,000.00 248,000.00 1.000 1.000 210.63 0.00 0.00 210.63 20825WAR1 1357 101 CNNXS 249,000.00 249,000.00 249,000.00 1.250 1.250 264.35 0.00 0.00 264.35 Run Date: 03/07/2023 - 13:12 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 6 December 1, 2022 - December 31, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund 3130AQF65 1358 101 FHLB 1,000,000.00 999,750.00 999,750.00 1.250 1.227 1,041.66 0.00 0.00 1,041.66 3134GW6C5 1359 101 FHLMC 500,000.00 486,000.00 486,000.00 0.800 0.808 333.33 0.00 0.00 333.33 91282CBV2 1360 101 USTR 500,000.00 494,882.81 494,882.81 0.375 0.380 159.69 0.00 0.00 159.69 3137EAEU9 1361 101 FHLMC 500,000.00 487,090.00 487,090.00 0.375 0.378 156.25 0.00 0.00 156.25 3134GW5R3 1362 101 FHLMC 400,000.00 391,360.00 391,360.00 0.650 0.652 216.66 0.00 0.00 216.66 307811DF3 1363 101 FARMER 249,000.00 249,000.00 249,000.00 0.900 0.900 190.33 0.00 0.00 190.33 3130AQJR5 1364 101 FHLB 1,000,000.00 1,000,000.00 1,000,000.00 1.500 1.472 1,250.00 0.00 0.00 1,250.00 3135G03U5 1365 101 FNMA 500,000.00 487,790.00 487,790.00 0.625 0.629 260.42 0.00 0.00 260.42 3134GWUQ7 1366 101 FHLMC 1,000,000.00 945,570.00 945,570.00 0.700 0.726 583.33 0.00 0.00 583.33 3130AQSA2 1367 101 FHLB 1,000,000.00 1,000,000.00 1,000,000.00 1.830 1.796 1,525.00 0.00 0.00 1,525.00 89786MAF1 1368 101 TRUSKY 245,000.00 245,000.00 245,000.00 1.600 1.600 332.93 0.00 0.00 332.93 912828Z78 1369 101 USTR 1,000,000.00 986,700.00 986,700.00 1.500 1.508 1,263.58 0.00 0.00 1,263.58 07371AYE7 1370 101 BEALTX 245,000.00 245,000.00 245,000.00 1.900 1.900 395.36 0.00 0.00 395.36 073710E88 1371 101 BEALUS 245,000.00 245,000.00 245,000.00 1.900 1.900 395.36 0.00 0.00 395.36 02357QAQ0 1372 101 AMRNT 245,000.00 245,000.00 245,000.00 1.600 1.600 332.93 0.00 0.00 332.93 59161YAP1 1373 101 METRO 249,000.00 249,000.00 249,000.00 1.700 1.700 359.52 0.00 0.00 359.52 3130AQWY5 1374 101 FHLB 1,000,000.00 1,000,000.00 1,000,000.00 1.700 1.668 1,416.66 0.00 0.00 1,416.66 27004PCM3 1375 101 EGLMRK 245,000.00 245,000.00 245,000.00 2.000 2.000 416.16 0.00 0.00 416.16 64034KAZ4 1376 101 NELNET 245,000.00 245,000.00 245,000.00 1.800 1.800 374.55 0.00 0.00 374.55 24773RCR4 1377 101 DELTA 245,000.00 245,000.00 245,000.00 2.000 2.000 416.16 0.00 0.00 416.16 91139LAI32 1378 101 URSVLT 248,000.00 248,000.00 248,000.00 1.900 1.900 400.20 0.00 0.00 400.20 565819AG4 1379 101 MRTHON 248,000.00 248,000.00 248,000.00 1.800 1.800 379.13 0.00 0.00 379.13 91282CCW9 1380 101 USTR 500,000.00 466,454.17 466,454.17 0.750 0.811 321.13 0.00 0.00 321.13 91282CDG3 1381 101 USTR 500,000.00 473,396.82 473,396.82 1.125 1.198 481.70 0.00 0.00 481.70 91282CBQ3 1382 101 USTR 750,000.00 698,025.00 698,025.00 0.500 0.542 321.13 0.00 0.00 321.13 912828654 1383 101 USTR 1,000,000.00 999,010.00 999,010.00 2.375 2.397 2,033.84 0.00 0.00 2,033.84 50625LAW3 1384 101 LFYTT 248,000.00 248,000.00 248,000.00 2.050 2.050 431.79 0.00 0.00 431.79 3130ARGJ4 1385 101 FHLB 500,000.00 500,000.00 500,000.00 2.500 2.453 1,041.67 0.00 0.00 1,041.67 20033A3A2 1386 101 CCBA 248,000.00 248,000.00 248,000.00 2.650 2.650 558.16 0.00 0.00 558.16 3130ARGY1 1387 101 FHLB 1,000,000.00 1,000,000.00 1,000,000.00 2.700 2.649 2,250.00 0.00 0.00 2,250.00 02007GPX5 1388 101 ALLY 245,000.00 245,000.00 245,000.00 2.550 2.550 530.61 0.00 0.00 530.61 52168UHY1 1389 101 LEADR 245,000.00 245,000.00 245,000.00 2.550 2.550 530.61 0.00 0.00 530.61 9128283D0 1390 101 USTR 1,000,000.00 985,190.00 985,190.00 2.250 2.303 1,926.79 0.00 0.00 1,926.79 91282CEF4 1391 101 USTR 1,000,000.00 976,860.00 976,860.00 2.500 2.566 2,129.12 0.00 0.00 2,129.12 254673E69 1392 101 DISCOV 245,000.00 245,000.00 245,000.00 3.100 3.100 645.05 0.00 0.00 645.05 91282CBD2 1394 101 USTR 0.00 1,982,265.63 0.00 0.125 11.010 203.80 0.00 17,734.37 17,938.17 48115LAD6 1396 101 JOVIA 248,000.00 248,000.00 248,000.00 2.500 2.500 526.57 0.00 0.00 526.57 Run Date: 03/07/2023 - 13:12 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 7 December 1, 2022 - December 31, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund 912828X88 1397 101 USTR 1,000,000.00 969,687.50 969,687.50 2.375 2.470 2,033.84 0.00 0.00 2,033.84 91282CEN7 1398 101 USTR 500,000.00 495,000.00 495,000.00 2.750 2.801 1,177.48 0.00 0.00 1,177.48 91282CET4 1399 101 USTR 500,000.00 491,842.18 491,842.18 2.625 2.676 1,117.79 0.00 0.00 1,117.79 9128282U3 1400 101 USTR 500,000.00 490,850.00 490,850.00 1.875 1.926 802.83 0.00 0.00 802.83 3133ENYH7 1401 101 FFCB 500,000.00 499,080.00 499,080.00 2.625 2.580 1,093.75 0.00 0.00 1,093.75 91282CBD2 1402 101 USTR 0.00 2,972,578.13 0.00 0.125 11.349 305.71 0.00 27,421.87 27,727.58 912828N30 1407 101 USTR 0.00 1,996,240.00 0.00 2.125 4.403 3,464.67 0.00 3,760.00 7,224.67 3130ASDV8 1409 101 FHLB 300,000.00 300,000.00 300,000.00 3.300 3.238 825.00 0.00 0.00 825.00 912828N30 1412 101 USTR 0.00 1,996,680.00 0.00 2.125 4.134 3,464.67 0.00 3,320.00 6,784.67 89269FDP7 1415 101 TRADCP 246,000.00 246,000.00 246,000.00 3.000 3.000 626.80 0.00 0.00 626.80 91282CF132 1417 101 USTR 1,000,000.00 989,460.00 989,460.00 2.750 2.757 2,316.57 0.00 0.00 2,316.57 912828XT2 1418 101 USTR 1,000,000.00 985,240.00 985,240.00 2.000 2.036 1,703.29 0.00 0.00 1,703.29 397417AQ9 1419 101 GRNWDS 248,000.00 248,000.00 248,000.00 3.050 3.050 642.43 0.00 0.00 642.43 88413QDN5 1420 101 3RD 245,000.00 245,000.00 245,000.00 3.300 3.300 686.68 0.00 0.00 686.68 02589ADH2 1421 101 AMEXNB 245,000.00 245,000.00 245,000.00 3.450 3.450 717.88 0.00 0.00 717.88 91282CF132 1422 101 USTR 1,000,000.00 979,645.67 979,645.67 2.750 2.784 2,316.57 0.00 0.00 2,316.57 912796YB9 1423 101 USTR 3,000,000.00 2,951,409.30 2,951,409.30 3.221 0.00 0.00 0.00 0.00 912796Y139 1424 101 USTR 2,000,000.00 1,967,621.12 1,967,621.12 3.220 0.00 0.00 0.00 0.00 732329BD8 1425 101 PONCE 248,000.00 248,000.00 248,000.00 3.500 3.500 737.21 0.00 0.00 737.21 3133ENL99 1426 101 FFCB 1,000,000.00 997,492.55 997,492.55 3.375 3.320 2,812.50 0.00 0.00 2,812.50 052392BT3 1427 101 AUSTEL 248,000.00 248,000.00 248,000.00 3.800 3.800 800.39 0.00 0.00 800.39 9128283U2 1428 101 USTR 3,000,000.00 2,988,390.00 2,988,390.00 2.375 2.365 6,002.04 0.00 0.00 6,002.04 914242AA0 1429 101 UNIVCU 248,000.00 248,000.00 248,000.00 4.000 4.000 842.52 0.00 0.00 842.52 22258JAB7 1430 101 CNTYSC 248,000.00 248,000.00 248,000.00 4.400 4.400 926.78 0.00 0.00 926.78 912828Q29 1431 101 USTR 2,000,000.00 1,977,200.00 1,977,200.00 1.500 1.521 2,554.95 0.00 0.00 2,554.95 91282CBNO 1432 101 USTR 3,000,000.00 2,956,788.66 2,956,788.66 0.125 0.128 321.13 0.00 0.00 321.13 3133ENQ29 1433 101 FFCB 1,000,000.00 996,400.00 996,400.00 4.000 3.939 3,333.33 0.00 0.00 3,333.33 84229LBA9 1434 101 STHBNK 244,000.00 244,000.00 244,000.00 4.250 4.250 880.74 0.00 0.00 880.74 34520LAT0 1435 101 FORBRT 248,000.00 248,000.00 248,000.00 4.600 4.600 968.90 0.00 0.00 968.90 912796YV5 1436 101 USTR 5,000,000.00 4,893,349.12 4,893,349.12 4.363 0.00 0.00 0.00 0.00 912796YV5 1437 101 USTR 2,000,000.00 1,958,436.61 1,958,436.61 4.375 0.00 0.00 0.00 0.00 25460FDW3 1438 101 DIRFCU 248,000.00 248,000.00 248,000.00 4.800 4.800 1,011.03 0.00 0.00 1,011.03 9128282R0 1439 101 USTR 1,000,000.00 927,110.00 927,110.00 2.250 2.407 1,895.38 0.00 0.00 1,895.38 3133EN3H1 1441 101 FFCB 1,000,000.00 998,650.00 998,650.00 4.000 3.930 3,333.34 0.00 0.00 3,333.34 914098DJ4 1442 101 UNIVBK 249,000.00 249,000.00 249,000.00 4.200 4.200 888.21 0.00 0.00 888.21 912828R69 1443 101 USTR 4,000,000.00 0.00 3,944,075.80 1.625 1.653 5,357.15 0.00 0.00 5,357.15 91282CBNO 1444 101 USTR 2,000,000.00 0.00 1,980,078.13 0.125 0.127 207.18 0.00 0.00 207.18 Run Date: 03/07/2023 - 13:12 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 City of La Quinta Total Earnings Page 8 December 1, 2022 - December 31, 2022 Adjusted Interest Earnings Ending Beginning Ending Current Annualized Interest Amortization/ Realized Adjusted Interest CUSIP Investment # Fund Issuer Par Value Book Value Book Value Rate Yield Earned Accretion Gainl/Loss Earnings Fund: General Fund 91282CBU4 1445 101 USTR 3,000,000.00 0.00 2,958,984.38 0.125 0.127 309.06 0.00 0.00 309.06 3133EN3S7 1446 101 FFCB 1,000,000.00 0.00 998,000.00 3.750 3.657 2,500.00 0.00 0.00 2,500.00 25844MAK4 1447 101 DORTCU 247,000.00 0.00 247,000.00 4.500 4.500 487.23 0.00 0.00 487.23 01664MAB2 1448 101 ALL IN 248,000.00 0.00 248,000.00 4.400 4.400 328.85 0.00 0.00 328.85 51828MAC8 1449 101 LATCOM 248,000.00 0.00 248,000.00 4.500 4.500 305.75 0.00 0.00 305.75 45157PAZ3 1450 101 IDEAL 248,000.00 0.00 248,000.00 4.500 4.500 61.15 0.00 0.00 61.15 01882MAC6 1451 101 ALIANT 247,000.00 0.00 247,000.00 5.000 5.001 33.84 0.00 0.00 33.84 Subtotal 211,130,452.40 205,932,277.13 209,978,359.54 1.905 290,752.67 0.00 56,086.24 346,838.91 Fund: Fiscal Agent SYS1058 1058 231 USBANK 4,631.32 4,619.50 4,631.32 3.013 11.82 0.00 0.00 11.82 Subtotal 4,631.32 4,619.50 4,631.32 3.013 11.82 0.00 0.00 11.82 Fund: Housing Authority: WSA and LQ SYS1062 1062 241 LQPR 426,625.90 427,769.13 426,625.90 0.00 0.00 0.00 0.00 Subtotal 426,625.90 427,769.13 426,625.90 0.00 0.00 0.00 0.00 Fund: SA Low/Mod Bond Fund 25-33-005 1113 249 LAIF 2,025,634.04 2,025,634.04 2,025,634.04 2.173 2.074 3,567.33 0.00 0.00 3,567.33 Subtotal 2,025,634.04 2,025,634.04 2,025,634.04 2.074 3,567.33 0.00 0.00 3,567.33 Total 213,587,343.66 208,390,299.80 212,435,250.80 Run Date: 03/07/2023 - 13:12 1.903 294,331.82 0.00 56,086.24 350,418.06 Portfolio CITY CID TE (PRF_TE) 7.3.6 Report Ver. 7.3.6.1 ta City of La Quinta City of La Quinta Maturity Report GEM ofrhe DESERT — - Sorted by Maturity Date Amounts due during October 1, 2022 - December 31, 2022 Sec. Maturity Purchase Rate Book Value Maturity Net CUSIP Investment # Fund Type Issuer Par Value Date Date at Maturity at Maturity Interest Proceeds Income 01859BAA3 1095 101 MC1 ALLIAN 245,000.00 10/13/2022 10/13/2017 2.250 245,000.00 2,763.80 247,763.80 2,763.80 06740KLJ4 1097 101 MC1 BARCLY 240,000.00 10/25/2022 10/25/2017 2.300 240,000.00 2,767.56 242,767.56 2,767.56 91282CAR2 1393 101 TRC USTR 4,000,000.00 10/31/2022 06/06/2022 0.125 3,979,880.00 2,500.00 4,002,500.00 22,620.00 91282CAR2 1406 101 TRC USTR 2,000,000.00 10/31/2022 06/13/2022 0.125 1,989,440.00 1,250.00 2,001,250.00 11,810.00 9128283C2 1410 101 TRC USTR 2,000,000.00 10/31/2022 06/29/2022 2.000 1,999,940.00 20,000.00 2,020,000.00 20,060.00 9128283C2 1414 101 TRC USTR 1,000,000.00 10/31/2022 06/30/2022 2.000 999,977.00 10,000.00 1,010,000.00 10,023.00 62384RACO 1099 101 MC1 MTNAMR 245,000.00 11/08/2022 11/08/2017 2.300 245,000.00 478.59 245,478.59 478.59 22766ACB9 1106 101 MC1 CRS1ST 245,000.00 11/18/2022 11/20/2017 2.200 245,000.00 428.25 245,428.25 428.25 29367QCP1 1107 101 MC1 ENTRPR 245,000.00 11/28/2022 11/28/2017 2.150 245,000.00 447.38 245,447.38 447.38 91282CAX9 1403 101 TRC USTR 4,000,000.00 11/30/2022 06/13/2022 0.125 3,972,031.25 2,500.00 4,002,500.00 30,468.75 912828M80 1408 101 TRC USTR 3,000,000.00 11/30/2022 06/28/2022 2.000 2,996,670.00 30,000.00 3,030,000.00 33,330.00 91282BM80 1413 101 TRC USTR 2,000,000.00 11/30/2022 06/30/2022 2.000 1,997,980.00 20,000.00 2,020,000.00 22,020.00 58404DCX7 1169 101 MC1 MEDBA 248,000.00 12/07/2022 12/07/2018 3.400 248,000.00 693.04 248,693.04 693.04 75701 LAB3 1166 101 MC1 REDRCK 248,000.00 12/07/2022 12/07/2018 3.350 248,000.00 682.85 248,682.85 682.85 3133EKQP4 1198 101 FAC FFCB 500,000.00 12/12/2022 06/20/2019 1.875 499,500.00 4,687.50 504,687.50 5,187.50 931142DU4 1190 101 MC2 WALMRT 500,000.00 12/15/2022 04/16/2019 2.350 496,650.00 5,875.00 505,875.00 9,225.00 499724AB8 1110 101 MC1 KNOX 245,000.00 12/29/2022 12/29/2017 2.400 245,000.00 451.07 245,451.07 451.07 49228XAK6 1239 101 MC1 KERNCU 248,000.00 12/30/2022 12/30/2019 1.900 248,000.00 387.29 248,387.29 387.29 79772FACO 1240 101 MC1 SF FCU 248,000.00 12/30/2022 12/30/2019 1.850 248,000.00 377.10 248,377.10 377.10 91282CBD2 1394 101 TRC USTR 2,000,000.00 12/31/2022 06/06/2022 0.125 1,982,265.63 1,250.00 2,001,250.00 18,984.37 91282CBD2 1402 101 TRC USTR 3,000,000.00 12/31/2022 06/13/2022 0.125 2,972,578.13 1,875.00 3,001,875.00 29,296.87 91282BN30 1407 101 TRC USTR 2,000,000.00 12/31/2022 06/28/2022 2.125 1,996,240.00 21,250.00 2,021,250.00 25,010.00 912828N30 1412 101 TRC USTR 2,000,000.00 12/31/2022 06/30/2022 2.125 1,996,680.00 21,250.00 2,021,250.00 24,570.00 Run Date: 03/07/2023 - 13:14 Total Maturities 30,457,000.00 30,336,832.01 151,914.43 30,608,914.43 272,082.42 Portfolio CITY CID MA (PRF_MA) 7.1.1 Report Ver. 7.3.6.1 t(v City of La Quinta ■Vtr■ City of La Quinta Purchases Report GEM ofthe DESERT Sorted by Security Type - Fund October 1, 2022 - December 31, 2022 Sec. Original Purchase Principal Accrued Interest Rate at Maturity Ending CUSIP Investment # Fund Type Issuer Par Value Date Payment Periods Purchased at Purchase Purchase Date YTM Book Value Federal Agency Coupon Securities 3133EN31-11 1441 101 FAC FFCB 1,000,000.00 11/29/2022 05/29 - 11/29 998,650.00 4.000 11/29/2027 4.030 998,650.00 3133EN3S7 1446 101 FAC FFCB 1,000,000.00 12/07/2022 06/07 - 12/07 998,000.00 3.750 12/07/2027 3.794 998,000.00 Subtotal 2,000,000.00 1,996,650.00 0.00 1,996,650.00 Treasury Coupon Securities 9128282RO 1439 101 TRC USTR 1,000,000.00 11/18/2022 02/15 - 08/15 927,110.00 Received 2.250 08/15/2027 3.950 927,110.00 912828R69 1443 101 TRC USTR 4,000,000.00 12/02/2022 05/31 - Final Pmt. 3,944,075.80 Received 1.625 05/31/2023 4.515 3,944,075.80 91282CBNO 1444 101 TRC USTR 2,000,000.00 12/02/2022 02/28 - Final Pmt. 1,980,078.13 Received 0.125 02/28/2023 4.264 1,980,078.13 91282CBU4 1445 101 TRC USTR 3,000,000.00 12/02/2022 03/31 - Final Pmt. 2,958,984.38 Received 0.125 03/31/2023 4.366 2,958,984.38 Subtotal 10,000,000.00 9,810,248.31 0.00 9,810,248.31 Treasury Discount Notes 912796YV5 1436 101 ATD USTR 5,000,000.00 11/02/2022 04/27 - At Maturity 4,893,349.12 4.363 04/27/2023 4.520 4,893,349.12 912796YV5 1437 101 ATD USTR 2,000,000.00 11/07/2022 04/27 - At Maturity 1,958,436.61 4.375 04/27/2023 4.530 1,958,436.61 Subtotal 7,000,000.00 6,851,785.73 0.00 6,851,785.73 Certificate of Deposits 84229LBA9 1434 101 MC1 STHBNK 244,000.00 10/28/2022 04/28 - 10/28 244,000.00 4.250 01/28/2026 4.254 244,000.00 34520LATO 1435 101 MC1 FORBRT 248,000.00 11/02/2022 12102 - Monthly 248,000.00 4.600 11/02/2027 4.602 248,000.00 25460FDW3 1438 101 MC1 DIRFCU 248,000.00 11/07/2022 12/07 - Monthly 248,000.00 4.800 11/08/2027 4.735 248,000.00 914098DJ4 1442 101 MC1 UNIVBK 249,000.00 11/30/2022 12/30 - Monthly 249,000.00 4.200 11/30/2027 4.202 249,000.00 25844MAK4 1447 101 MC1 DORTCU 247,000.00 12/16/2022 04/01 - Quarterly 247,000.00 4.500 12/16/2027 4.503 247,000.00 01664MAB2 1448 101 MC1 ALL IN 248,000.00 12/20/2022 01120 - Monthly 248,000.00 4.400 12/20/2027 4.402 248,000.00 51828MAC8 1449 101 MC1 LATCOM 248,000.00 12/21/2022 01121 - Monthly 248,000.00 4.500 12/21/2027 4.503 248,000.00 45157PAZ3 1450 101 MC1 IDEAL 248,000.00 12/29/2022 02/01 - Monthly 248,000.00 4.500 12/29/2027 4.502 248,000.00 01882MAC6 1451 101 MC1 ALIANT 247,000.00 12/30/2022 01/30 - Monthly 247,000.00 5.000 12/30/2027 5.003 247,000.00 Subtotal 2,227,000.00 2,227,000.00 0.00 2,227,000.00 Total Purchases 21,227,000.00 20,885,684.04 0.00 20,885,684.04 Received = Accrued Interest at Purchase was received by report ending date. Portfolio CITY CID Run Date: 03/07/2023 - 13:13 PU (PRF_PU) 7.1.1 Report Ver. 7.3.6.1 US Treasury Rates httos://home.treasurv.aov/resource-center/data-chart-center/interest-rates/TextView?tvge=dailv treasury vield curve&field tdr date value=2022 Effective Effective Date 1 mo 2 mo 3 mo 6 mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yr Rate of Rate of Return City Return City Portfolio Portfolio (month) (YTD) 10/31 /2022 3.73 4.00 4.22 4.57 4.66 4.51 4.45 4.27 4.18 4.10 4.44 4.22 1.68 1.39 11/30/2022 4.07 4.25 4.37 4.55 4.70 4.74 4.38 4.13 3.82 3.76 3.68 4.00 1.80 1.46 12/30/2022 4.12 4.41 4.42 4.69 4.76 4.73 4.41 4.22 3.99 3.96 3.88 4.14 1.98 1.55 i 4.75 4.5 425 4 335 3.5 3.25 3 2.75 2.5 2.25 2 1.75 1.5 1.25 1 D.75 0.5 0.25 0 ,yti ,�L ,LS .�"• `41 .yl �1 tiS .�'L .y1 ,yti by tiry �ti �ry �ti ,u`L ti� �ti ,�`L titi ^'L titi a� �1 ti� of �� o� til vl al til o� til ti� �1 til o� �1 al v� til al yl of 1ti 1� 1'' 13 11 1� 13 1� 1'' �3 1'' 1�' 1' Iry 1� 1� 1� 1�' 13 1' y � � a �, tiA titi ,��. � � 3 n h 6 � e a TREASURY RATES AND PORTFOLIO RETURNS --$'- =-'r r ' reasu I V -411-- 5-Yr Treasu ry -tr- Effective Rate of Return City Po rtfolio I I D) BUSINESS SESSION ITEM NO. 1 City of La Quinta FINANCIAL ADVISORY COMMISSION MEETING April 5, 2023 STAFF REPORT AGENDA TITLE: RECEIVE AND FILE FISCAL YEAR 2022/23 MID -YEAR BUDGET REPORT RECOMMENDATION Receive and file fiscal year 2022/23 Mid -Year Budget Report. EXECUTIVE SUMMARY • The 2022/23 Mid -Year Budget Report (Attachment 1) provides an update of the City's fiscal activities from July to December 2022. • The Mid -Year Budget Report includes revenue and expenditure adjustments in 4 funds. • On February 21, 2023 Staff recommended, and Council approved allocating $9,000,000 of General Fund Unassigned Fund Balance to Committed Reserves and allocating $10,200,000 from General Fund Unassigned Fund Balance and the Pension Trust to make an additional discretionary payment to pay down the City's unfunded pension obligations. FISCAL IMPACT Staff recommended and City Council Approved Adjustments to funds as follows: Fund # Fund Name Revenuq@EEd116Expenses 101 General Fund $ 5,223,000 $ 430,000 501 Facility & Fleet Replacement Fund - 130,000 503 Park Equipment & Facility Fund - 240,000 202 Library and Museum Fund - 40,000 TOTAL ADJUSTMENTS ALL FUNDS $ 5,223,000 $ 840,000 BACKGROUND/ANALYSIS Throughout the fiscal year, each Department monitors their budget and proposes adjustments to reflect current conditions and ongoing operational needs. Requests are reviewed and discussed by the City Manager and Directors before recommendations are presented in the Budget Report (Attachment 1). Funds with no adjustments have been excluded. The Report was presented to City Council on February 21, 2023. At that time, City Council approved the allocation of $9 million from General Fund Unassigned Fund Balance to the following reserves: • Natural Disaster $5,000,000 • Economic Downturn $2,000,000 • Capital Replacement $2,000,000 In addition, Council approved the allocation of $5.2 million from General Fund Unassigned Fund Balance and $5 million from the Pension Trust to make an additional discretionary payment to pay down the City's unfunded pension obligations. ALTERNATIVES The Commission may request additional information regarding this report. Prepared by: Claudia Martinez, Finance Director Approved by: Jon McMillen, City Manager Attachment: 1. 2022/23 Mid -Year Budget Report taATTACHMENT CALIFORNIA Fiscal Year 2022/23 Mid -Year Budget Report ��IILVAI►y�VA.-YA The annual budget is a living document, which allows for flexibility and adjustments to accommodate current business needs and updated projections. Budget reports are presented to provide ongoing oversight of public funds, relate current and upcoming activities, and request funding adjustments. All funds are continuously monitored; this report discusses funds with budgetary adjustments. Funds with no adjustments have been excluded. The 2022/23 budget was adopted with a conservative outlook, assuming the pandemic's continuing ripple effect on consumer spending, financial markets, and availability and cost of materials and fuel. The City of La Quinta has persevered through the unpredictable effects of the economy and will continue to monitor its revenues and expenditures so that it can proactively respond to unanticipated changes or emerging trends. Due to ongoing economic volatility, the 2022/23 Mid -Year Budget Report has several adjustments, which are detailed in Exhibits 1 and 2. The recommended adjustments are largely derived from year-to-date revenues collected and expenses incurred, program activities, and operational needs. GENERAL FUND REVENUES General Fund revenue adjustments summarized below total $5,223,000. Adjustments reflect updated projections based on last fiscal year actuals and year-to-date activity. a Revenue Description Adjustment Property Taxes, RPTTF Pass Through $ 750,000 State Sales Taxes 1,250,000 Measure G Sales Taxes 2,000,000 Building Permits/Public Works Permits 578,000 CSA 152 Asssessments 25,000 Building/Public Works Plan Check Fees 260,000 Administrative Citations 60,000 Zoning Change Mitigation Fees 300,000 TOTAL REVENUE ADJUSTMENTS FEW1111111111 5,223,000 The largest of the revenue adjustments are focused on two of our top General Fund revenue sources, which are property taxes and sales taxes. Property Taxes — An increase of $225,000 in Property Taxes is requested due to growth in property sales and increases in sales prices in 2021, the year used for growth in assessment roll for 2022-23. An increase of $525,000 in Redevelopment Property Tax Trust Fund (RPTTF) payments is requested due to current year-to-date activity. These property tax payments reflect distribution of residual amounts after recognized obligations of the former RDAs have been paid and are coming in higher than original estimates due to increases in assessed valuations. Sales Taxes - Sales tax revenues have been stronger than anticipated, mostly due to continued spending on taxable goods. The City's fiscal year 2022/23 budget was conservatively forecasted based on known information as of Spring 2022, but staff will continue to monitor the local economic impacts of inflation and unemployment rates, and will bring additional budget adjustments as needed. Notwithstanding unanticipated economic impacts, revised projections estimate the City could receive an additional $3,250,000 in sales tax revenue by year-end; of this amount $1,250,000 is derived from the State sales tax rate and $2,000,000 is derived from local Measure G sales taxes. Licenses and Permits —A combined increase of $578,000 in building permits and public works permits is recommended based on increased current year-to-date building activity in private residential tract developments and commercial projects. Intergovernmental — An increase of $25,000 for CSA 152 Assessments to account for qualified expenditures incurred that have been reimbursed by the County. Charges for Services — A combined increase of $260,000 for building and public works development plan check fees is requested as the building -construction industry continues to rebound after COVID-19 and reflects vigorous growth. Fines and Other Taxes/Miscellaneous — Due to continued monitoring and compliance of the STVR program, revenue from administrative citations has been higher than anticipated, therefore an increase of $60,000 is recommended. All revenue projections will continue to be monitored during the Spring of 2023 and an additional update shall be provided during the 2022/23 Third Quarter Budget Report. EXPENDITURE ADJUSTMENTS Expenditure adjustments are recommended for unanticipated expenses, the replacement of equipment, and to avoid budget overruns based on updated operational needs. A summary by fund is provided below and itemized in Exhibits 1 and 2. Fund Expense Adjustment General Fund $ 430,000 Facility & Fleet Replacement Fund (Fund 501) 130,000 Park Equipment and Facility Fund (503) 240,000 Library and Museum Fund (Fund 202) 40,000 TOTAL ADJUSTMENTS ALL FUNDS $ 840,000 Community Resources — The Human Resources division is requesting an adjustment of $20,000 for an enhanced employee wellness program that aligns with the City's sacred values wellness initiatives to improve the health and wellness of our employees. In addition, a request of $20,000 is requested for employee events that are being resumed in -person. The X Park programming account is requesting a budget increase of $56,000 to reflect the contract amount and full year of operations. The Code Compliance Division is requesting an additional $4,000 for required California Association of Code Officers (CACEO) training for the newly appointed Code officers. Marketing — The Marketing division is requesting additional funding for unanticipated promotional items and printing materials due to the increased demand in events and sponsorships that had not been held due to COVID-19, for a combined total of $45,000. An additional $60,000 is requested for the PlaylnLaQuinta.com website update, which is needed due to outdated technology. The upgrade will enhance the user's experience with the website and ensure content is accurate and up-to-date. Design and Development — Based on the continued increase of building activity resulting in an overall increase of permits issued and inspection requests, the Building division is requesting an additional $150,000 in Plan Check review consulting services to assist with increased demand while vacant positions are being filled. Public Works — The Parks Maintenance division is requesting $35,000 to account for year-round pool operations and unanticipated repairs and maintenance. The Buildings division is requesting an additional $10,000 for emergency repairs at City Hall along with $30,000 for HVAC replacement, maintenance, and repairs in anticipation of the upcoming summer months. INTERNoII SERVICE FUNDS WRFJ ISF are used to account for activities involved in rendering services to departments within the City. Adjustments are recommended for two of the four ISF. Expense adjustments would be funded from available fund balances in each Fund. Facility and Fleet Replacement Fund — An increase of $40,000 is requested for fuel to account for the highest gas prices on record, averaging $1.15 per gallon higher than the prior year. In addition, an increase of $90,000 is requested to cover the costs associated with retrofitting the recently purchased vehicles. Park Equipment and Facility Fund — An increase of $240,000 is requested to continue park improvements throughout the City and will include shade structures and pickleball court conversions at Fritz Burns Park. SPECIAL FxEVENUE r-uNDS Special Revenue Funds account for specific revenues and their related expenditures that are legally required to be held in separate funds. Revenues are derived from developer impact fees, property tax assessments, State and Federal programs, housing income, or operations. These restricted funds are for road repairs, recycling programs, art in public places, housing activities, police programs, and the administration of retiree benefits through trusts. Expense adjustments without matching revenue adjustments would be funded from available fund balances in each Fund. Library and Museum Fund — In the efforts of being proactive considering the upcoming summer months, an increase of $30,000 for the Library and $10,000 for the Museum are requested for HVAC replacement, maintenance, and repairs. ULNERAL rUNU KtSERVEF General Fund reserve balances were discussed during the 2021/22 General Fund Fiscal Year -End Budget Report and will be confirmed in the 2021/22 Annual Comprehensive Financial Report (ACFR). The Reserve Policy requires an annual review of reserves and funding levels during the mid -year budget process. Reserve funding generally comes from excess revenues over expenditures, including one-time revenue, and may be allocated to reserves as directed by Council until target levels are reached. Once all targets are funded, funds will remain in unassigned fund balance. The City's General Fund Balance and Reserve Policy shall be reviewed every five (5) years to assess the City's then -current financial condition, risks, and the adequacy of current target levels. The Financial Advisory Commission (FAC) appointed three members to serve on a subcommittee (Commissioners Ellen Way, Keith Dorsey, and Brian Anderson) to complete this review, and their findings and recommendations were presented to Council immediately preceding this report. At this time, all four of the City's reserve categories (Natural Disaster, Economic Disaster, Cash Flow and Capital Replacement) are fully funded to original policy targets. The chart below reflects current balances, revised targets (with the assumption that the policy was approved as presented), and potential options for funding to the new targets. Staff has prepared two reserve funding options for Council discussion and consideration. Option 1 increases reserve categories to 50% of the recommended target levels. Option 1 increases the reserve categories to 100% of the recommended target levels. It additionally accounts for uses of reserves already allocated in this current FY and the current Measure G Unassigned amount of approximately $15 million. Proposed Currently Proposed Target Option 1 Option 1 Option 2 Option 2 Category Funded _ Target % Funded 50% Funded % 100% Funded Committed Reserves Natural Disaster $ 10,000,000 $ 15,000,000 66.67% $ 12,500,000 83.33% $ 15,000,000 100.00% Economic Downturn $ 11,000,000 $ 13,000,000 84.62% $ 12,000,000 92.31% $ 13,000,000 100.00% Cash Flow $ 5,000,000 $ 5,000,000 100.00% $ 5,000,000 100.00% $ 5,000,000 100.00% Capital Replacement $ 10,000,000 $ 12,000,000 83.33% $ 11,000,000 91.67% $ 12,000,000 100.00% 80.00% $ 40,500,000 90.00% $ 45,000,000 100.00% Unassigned $ 33,893,325 $ 11,000,000 308.12% $ 29,393,325 267.21% $ 24,893,325 Appropriated from Unassigned in 2022/23` $ 6,348,812 Additional Discretionary Payment to CalPERS $ 5,200,000 maining Unassigned $ 13,344,513 121.31 Measure G Unassigned $ 15,128,658 'Unassigned reserves in 2022/23 have been appropriated for property acquisitions. Additonal funds appropriated from Unassigned Reserves and Measure G reserves for Dune Palms Bridge project advanced construction funding are anticipated to be reimbursed totaling about $20M. OUTSTANDING PENSION OBLIGATION In 2020, Financial Advisory Commission (FAC) formed a subcommittee to review the City's outstanding pension obligations and provide recommendations for City Council's consideration on an annual basis. The City has made Additional Discretionary Payments (ADPs) toward the unfunded liability of just over $1.0 million in fiscal 2020/21, $2.5 million in fiscal 2021/22, and $1.0 million in fiscal 2022/23. In 2022, the FAC appointed Commissioners Anderson and Dorsey to complete an updated study of the pension obligations. The subcommittee met twice to review and discuss the CalPERS system overall, current market value and plan funded status, benefit tiers available at the City, PARS Pension Trust balance and fund performance, and options to pay down the pension unfunded liability. After a detailed analysis of the City's pension unfunded liability and Reserve Policy, the FAC agreed to pay down the full $10.2 million liability as of the June 30, 2021 actuarial valuation, given the City's current financial solvency. Staff recommends the following: • Send an ADP to CalPERS utilizing unassigned reserves in the amount of $5.2 million. • Send an ADP to CalPERS utilizing pension trust funds in the amount of $5.0 million. • Consider ongoing ADPs as fiscal conditions allow and based on market conditions, changes to demographics, and future actuarial reports' unfunded liability balances. Council may choose the recommendations presented, alter the amount allocated, request additional alternatives, or not allocate additional funds at this time. City of La Quinta FY 2022/23 Recommended Mid -Year Budget Adjustments Exhibit 1 General Fund i Account No. Description Revenues Expenses Tax Revenues 101-0000-40310 101-0000-40311 101-0000-40315 101-0000-41320 101-0000-41326 Licenses and Permits 101-0000-42400 101-0000-42401 101-0000-42402 101-0000-42403 101-0000-42404 101-0000-42408 101-0000-42421 101-0000-42431 101-0000-42434 Intergovernmental 101-0000-43633 Charges for Services 101-0000-42600 101-0000-42810 Fines and Other Taxes 101-0000-42700 Miscellaneous 101-0000-41410 COMMUNITY RESOURCES 101-1004-60104 101-1004-60340 101-3003-60190 101-6004-60320 MARKETING 101-3007-60134 101-3007-60410 101-3007-60450 101-3007-60461 DESIGN AND DEVELOPMENT 101-6003-60118 PUBLIC WORKS 101-3005-60184 101-3008-60691 101-3008-60667 Property Tax Revenue No -Low City Property Tax RPTTF Pass Through State Sales Taxes Measure G Sales Taxes Building Permits Plumbing Permits Mechanical Permits Electrical Permits Miscellaneous Permits Grading Permits Fire Inspection Fee Conditional Use Permits Sign Permit CSA 152 Assessments Building Plan Check Fees Public Works Development Plan Check Fees Administrative Citations Zoning Change Mitigation Fees Consultants/Employee Services Employee Recognition Events X Park Programming Travel & Training Promotional Items Printing Sponsorships/Advertising Marketing & Tourism Promotions Plan Checks Fritz Burns Pool Maintenance Maintenance/Services HVAC 125,000 100,000 525,000 1,250,000 2,000,000 200,000 50,000 40,000 50,000 100,000 15,000 50,000 60,000 13,000 25,000 200,000 60,000 60,000 300,000 20,000 20,000 56,000 4,000 20,000 10,000 15,000 60,000 150,000 35,000 10,000 30,000 City of La Quinta FY 2022/23 Recommended Mid -Year Budget Adjustments Exhibit 2 Facility & Fleet Replacement Fund (501) Account No. Description Revenues Expenses 501-0000-60674 Fuel & Oil 40,000 501-0000-60675 Parts, Accessories, Uplifts 90,000 = Park Equipmemt and Facility Fund (503) Account No. Description Revenues Expenses 503-0000-71060 Parks - 240,000 �rary and Museum Fund (202) Account No. Description Revenues Expenses 202-3004-60667 Library, HVAC 30,000 202-3006-60667 Museum, HVAC 10,000 TOTAL ALL FUNDS - 410,000 STUDY SESSION ITEM NO. 1 City of La Quinta FINANCIAL ADVISORY COMMISSION MEETING: April 5, 2023 STAFF REPORT AGENDA TITLE: DISCUSS PROJECTS TO BE INCLUDED IN FISCAL YEARS 2023/24 THROUGH 2O27/28 CAPITAL IMPROVEMENT PROGRAM RECOMMENDATION Discuss projects to be included in fiscal years 2023/24 through 2027/28 Capital Improvement Program and provide Staff direction on Measure G funded projects. EXECUTIVE SUMMARY • The Capital Improvement Program (CIP) is a five-year plan for major construction projects such as bridges, streets, traffic signals, drainage facilities, landscaping, lighting, parks, and other facilities. • Based upon Council, Financial Advisory Commission (FAC), and resident input over the past year, Staff developed a preliminary scope and budget for various projects proposed for the fiscal year (FY) 2023/24 CIP budget. • Council discussed the proposed projects and provided Staff with direction at the April 4, 2023, City Council meeting. • Council will be requested to appropriate funds for the FY 2023/24 CIP improvements when the operating budget and final CIP is considered in June 2023. FISCAL IMPACT This review does not generate fiscal impacts. Revenue sources are identified in Attachment 1. BACKGROUND/ANALYSIS Staff recommends the following projects be included in the FY 2023/24 CIP: Transportation Projects Transportation projects are generally funded through the Pavement Management Plan (General Fund), Transportation Development Impact Fees (DIF), Gas Tax, Measure A, SB1, and ATP funds. 2023/24 Pavement Management Plan (General Fund: $1.5M) The City of La Quinta's current Five -Year Pavement Management Plan (PMP) (Attachment 2) spans from 2021 to 2026. The proposed 2023/24 projects include slurry seal and crack seal on streets within the Cove, Avenue 60 from east of Monroe Street to Madison Street, Avenida La Fonda from Washington Street to Avenida Bermudas, and a small segment of Washington Street between Eisenhower Drive and Sagebrush Avenue. • Avenue 48 Art and Music Line (Measure G: 2.4M The Coachella Valley Association of Governments (CVAG) in coordination with the Cities of La Quinta, Indio, Coachella, and Riverside County, will construct a bicycle and pedestrian path on Avenue 48. Design is being finalized and preparing for construction, with La Quinta's share of construction funding based on the number of linear project miles within the city. • Avenue 50 Widening Improvements (SB1: $472K) This project will be completed in partnership with the City of Indio and includes Widening Avenue 50 from Jefferson Street to Madison Street to the general plan roadway conditions, including a multi -use trail along the north side. • Avenue 58 Pavement Rehabilitation (Measure A: $1.38M) This project includes pavement rehabilitation of Avenue 58 from Jefferson Street to Madison Street. • Avenue 52 at Monroe Street New Traffic Signal (DIF Transportation: $150K) This project includes construction of a new traffic signal at the intersection of Avenue 52 and Monroe Street in coordination with the City of Indio and County of Riverside. • Washington Street Sidewalk Improvements (SB1: $478K) This project includes construction of a 6 ft. sidewalk on the east side of Washington Street from Calle Tampico to Avenue 50. • Washington Street Connector to Art and Music Line (Measure G: $1.2M) This project will provide a bicycle and pedestrian connection from the Avenue 48 Art and Music Line along Washington Street south to Eisenhower Drive. • X-Park Pedestrian Sianal (Measure A: $350 This project includes construction and installation of a pedestrian traffic signal on Dune Palms Road between the X-Park and La Quinta High School. Drainage Improvements Citywide Drainage Enhancements (General Fund: $477K) This project will upgrade drainage facilities for minimum 150-year storm protection in accordance with the Focused Drainage Study. The upcoming drainage projects to be completed are Eisenhower Drive at Avenue 50 and on Avenida Bermudas north of Calle Tampico. Staff is currently pursuing funding for these projects from Congressionally Directed Spending (Earmark funding) through Senator Dianne Feinstein and Senator Alex Padilla's offices. Parks and Facilities Project: Maintenance and Operations Yard (Maintenance and Facilities Development Impact Fees: $500K) This project was approved by Council as part of the 2018/19 CIP. The proposed funding will complete the preliminary engineering and design phase for the Maintenance and Operations Yard improvements. • Landscape and Lighting Median Island Improvements (General Fund: $500K) This project entails refurbishing City -owned medians south of Highway 111, prioritized over five years. Staff has developed an implementation strategy that recommends priorities and landscape materials. Fritz Burns Park Improvements (Measure G: $1.5M, General Fund: $1.5M, Land and Water Conservation Fund Grant: $3M) This project was approved by Council as part of the 2021/22 CIP. The proposed funding includes the construction for additional park amenity improvements at Fritz Burns Park after the master planning and design effort is complete. Staff is pursuing Land and Water Conservation Fund grant funding that requires the City's entire match for construction to be included in the City's budget. • X-Park Building Americans with Disabilities Act (ADA) Improvements (General Fund: $350K) This project entails design and construction of improvements to provide ADA accessibility to the X-Park building viewing deck. Highway 111 Event Site (Measure G: $500K): This project entails design and environmental phases for an event site and parking lot to be constructed on the City owned parcel along the south side of Highway 111 east of Dune Palms Road. • La Quinta Parks Phase I (Parks DIF: S650 This project entails park improvements at the La Quinta Sports Complex, Colonel Mitchell Paige Sports Fields, and La Quinta Park. The existing facilities at these park locations need extensive various improvements, and the project will be completed in coordination with Desert Sand Unified School District. Other Adjustments • Highway 111 Corridor Area Plan Implementation (Measure G: $1 M) Implement the Highway 111 Corridor Area Plan improvements, which may include landscape, connectivity and circulation improvements, entry monuments, wayfinding, catalyst project sites, lighting, and art installations. • Citywide Miscellaneous ADA Improvements (CDBG: $136,300K) This is a continuation of implementing ADA improvements at City parks, buildings, intersection curb ramps and sidewalks based upon the City's ADA Transition Plan Report. Existing Developer Impact Fee Reimbursement Agreements (Transportation DIF: $400K) The City entered into reimbursement agreements with nine development entities who constructed improvements for the benefit of the City in anticipation of future reimbursement from development impact fees. In 2017 the Council set reimbursement priorities; 9 of 11 developers submitted the required documentation and have been included in the approved repayment plan (Attachment 3). Projects on the Horizon The CIP also identified future year projects, some of which are listed below: • Corporate Centre Drive Gap Closure (FY 2024/25) • Avenue 47 Pavement Rehabilitation (Washington Street to Adams Street) (FY 2025/26) • North La Quinta Slurry Seal Improvements/Pavement Repair (FY 2026/27) • Washington Street Pavement Rehabilitation Project (Sagebrush Lane to Fred Waring Drive) (FY 2027/28) Staff seeks direction on the Measure G funded projects included in the draft CIP. After incorporating comments from Council and the FAC, an updated CIP program will be presented to the City Council for adoption in June. Prepared by: Julie Mignogna, Management Analyst Approved by: Bryan McKinney, P.E., Public Works Director/City Engineer Attachments: 1. Project Revenue Summary from Draft 2023/24 through 2027/28 CIP 2. 2021 Pavement Management - 5 Year Plan 3. DIF Reimbursement Agreement Repayment Schedule CITY OF LA QUINTA CAPITAL IMPROVEMENT PROGRAM ATTACHMENT 1 REVENUE SUMMARY Maintenance General Fund Measure G SB 1 Road Parks and DIF Civic Center and Facilities Other Other Project # Project Description Operating Sales Tax Maint/Rehab Rec DIF Transportation DIF DIF Measure A Revenue Revenue Source Total 2023/2024 2324ADA ADA Accessible Ramps - Various Locations 20,000 20,000 D 2324CPM Citywide Preventative Maintenance Plan Improvements 50,000 Equip Replacement Fund 50,000 2324PMP Pavement Management Plan Street Improvements 1,500,000 1,500,000 2324STI Sidewalks - Various Locations 55,000 55,000 > 2324TMI Citywide Traffic Signal Maintenance Improvements 235,000 235,000 = 2324DRA Citywide Drainage Enhancements 477,000 477,000 X 201702 Developer Reimbursement for DIF Eligible Improvements 400,000 400,000 m 201804 Landscape and Lighting Median Island Improvements 500,000 500,000 Z 201805 Maintenance and Operations Yard 500,000 500,000 201905 Highway 111 Corridor Area Plan Implementation 1,000,000 1,000,000 202008 Avenue 48 Art and Music Line 2,400,000 2,400,000 202102 Fritz Burns Park Improvements 1,500,000 1,500,000 3,000,000 LWCF Grant 6,000,000 202205 Avenue 50 Widening Improvements (Jefferson Street to Madison Street) 471,613 471,613 202301 Avenue 58 Pavement Rehabilitation (Jefferson Street to Madison Street) 1,380,000 1,380,000 202302 Avenue 52 Monroe Street (New Traffic Signal) 150,000 City of Indio/ RivCo 150,000 202303 Washington Street Sidewalk Improvements (Avenue 50 to Calle Tampico) 478,000 478,000 202304 Highway 111 Event Site 500,000 500,000 202305 X Park Pedestrian Signal 250,000 250,000 202306 La Quinta Parks Phase I (Sports Complex, CMP, and La Quinta Park) 650,000 650,000 202307 Citywide Miscellaneous ADA Improvements 136,300 CDBG 136,300 202308 X Park Building ADA Improvements 350,000 350,000 202309 Washington Street Connector to Art and Music Line 1,200,000 1,200,000 FY 2023/2024 SUBTOTAL: 4,402,000 6,600,000 949,613 650,000 550,000 0 500,000 1,865,000 3,186,300 18,702,913 2024/2025 2425ADA ADA Accessible Ramps - Various Locations 20,000 20,000 2425CPM Citywide Preventative Maintenance Plan Improvements 50,000 Equip Replacement Fund 50,000 2425PMP Pavement Management Plan Street Improvements 1,500,000 1,500,000 2425STI Sidewalks - Various Locations 55,000 55,000 2425TM1 Citywide Traffic Signal Maintenance Improvements 235,000 235,000 2425DRA Citywide Drainage Enhancements 477,000 477,000 201702 Developer Reimbursement for DIF Eligible Improvements 400,000 400,000 201804 Landscape and Lighting Median Island Improvements 500,000 500,000 201805 Maintenance and Operations Yard 2,273,000 2,273,000 201905 Highway 111 Corridor Area Plan Implementation 1,000,000 1,000,000 202205 Avenue 50 Widening Improvements (Jefferson Street to Madison Street) 579,109 579,109 202401 Phase III Camera System 2,793,000 2,793,000 202402 Avenue 50 Sidewalk Improvements (Washington Street to Avenida Montero) 400,000 400,000 202403 Washington Street at Lake La Quinta Drive (New Traffic Signal) 430,000 430,000 202404 Francis Hack Lane Pavement Rehabilitation (Avenida Bermudas to Cul-De-Sac) 380,000 380,000 202405 Washington Street Sidewalk Improvements (Calle Tampico to Avenue 52) 444,000 444,000 202406 Cove Area Slurry Seal Improvements Phase 1 950,000 950,000 202407 Corporate Centre Drive Gap Closure 931,000 931,000 FY 2024/2025 SUBTOTAL: 2,552,000 6,066,000 959,109 0 830,000 0 2,960,000 50,000 13,417,109 2025/2026 2526ADA ADA Accessible Ramps - Various Locations 20,000 20,000 2526CPM Citywide Preventative Maintenance Plan Improvements 50,000 Equip Replacement Fund 50,000 2526PMP Pavement Management Plan Street Improvements 1,500,000 1,500,000 2526STI Sidewalks - Various Locations 55,000 55,000 2526TMI Citywide Traffic Signal Maintenance Improvements 235,000 235,000 2425DRA Citywide Drainage Enhancements 477,000 477,000 201702 Developer Reimbursement for DIF Eligible Improvements 400,000 400,000 201804 Landscape and Lighting Median Island Improvements 500,000 500,000 201805 Maintenance and Operations Yard 3,657,000 3,657,000 201905 Highway 111 Corridor Area Plan Implementation 1,000,000 1,000,000 202501 Citywide Striping Refresh 500,000 500,000 202502 Highway 111/Simon Drive Dual Left Turn Lanes 723,850 723,850 CITY OF LA QUINTA CAPITAL IMPROVEMENT PROGRAM REVENUE SUMMARY Maintenance General Fund Measure G SB 1 Road Parks and DIF Civic Center and Facilities Other Other Project # Project Description Operating Sales Tax Maint/Rehab Rec DIF Transportation DIF DIF Measure A Revenue Revenue Source Total 202503 Cove Area Slurry Seal Improvements Phase 2 950,000 950,000 202504 Avenue 47 Pavement Rehabilitation (Washington Street to Adams Street) 512,617 512,617 202505 5-Year PMP Update 50,000 50,000 FY 2025/2026 SUBTOTAL: 2,552,000 4,657,000 950,000 0 400,000 0 2,021,467 50,000 10,630,467 2026/2027 2627ADA ADA Accessible Ramps - Various Locations 20,000 20,000 2627CPM Citywide Preventative Maintenance Plan Improvements 50,000 Equip Replacement Fund 50,000 2627PMP Pavement Management Plan Street Improvements 1,500,000 1,500,000 2627ST1 Sidewalks - Various Locations 55,000 55,000 2627TMI Citywide Traffic Signal Maintenance Improvements 235,000 235,000 26271DRA Citywide Drainage Enhancements 477,000 477,000 201702 Developer Reimbursement for DIF Eligible Improvements 400,000 400,000 201804 Landscape and Lighting Median Island Improvements 500,000 500,000 201905 Highway 111 Corridor Area Plan Implementation 1,000,000 1,000,000 202601 North La Quinta Slurry Seal Improvements/Pavement Repair 1,784,000 1,784,000 202602 Citywide Arterial Slurry Seal Improvements 997,088 997,088 FY 2026/2027 SUBTOTAL: 2,552,000 1,000,000 997,088 0 400,000 0 2,019,000 50,000 7,0189088 2027/2028 2728ADA ADA Accessible Ramps - Various Locations 20,000 20,000 2728CPM Citywide Preventative Maintenance Plan Improvements 50,000 Equip Replacement Fund 50,000 2728PMP Pavement Management Plan Street Improvements 1,500,000 1,500,000 2728STI Sidewalks - Various Locations 55,000 55,000 2728TM1 Citywide Traffic Signal Maintenance Improvements 235,000 235,000 2728DRA Citywide Drainage Enhancements 477,000 477,000 201702 Developer Reimbursement for DIF Eligible Improvements 400,000 400,000 201804 Landscape and Lighting Median Island Improvements 500,000 500,000 201905 Highway 111 Corridor Area Plan Implementation 1,000,000 1,000,000 202701 Washington Street Pavement Rehabilitation Project (Sagebrush Lane to Fred Waring Drive) 988,171 2,663,048 3,651,219 FY 2027/2028 SUBTOTAL: 2,552,000 1,000,000 988,171 0 400,000 0 2,898,048 50,000 7,888,219 TOTAL FISCAL YEARS 2023/24 THROUGH 2O27/28: 14,610,000 19,323,000 4,843,981 650,000 2,580,000 0 500,000 11,763,515 3,386,300 57,656,796 CITY OF LA QUINTA ATTACHMENT 2 CALLE CALLE YUCATAN CALLE HIDAL 30 A LE SINAL❑A w ALE D A 0 — _ ry Q O a z 6 A LE S ❑ A��LL P w w Q Li f > 76 A LEE E DA § > a a a 3 o A E N❑ AL S >— z l N W A E tH U UA — — CALLE M❑N ER Y U Q A A CALl E ❑ MA a z o > a m CALLE -6 Q a ' a. z N > JALLE CHILL❑N W 1 I� A LE TEMECUL �Q`'' �J 4 CALLE POTRERO �qQ P $1.5 MILLION BUDGET MAP DARBY ROAD A 9� i La C D VI WY a 5 CALLE DRIVE L 2021-26 FRED WARING DRIVE A Q 0 oc In m J Q !L W z A -i m m 0 h 0 z h 1 INDEP rmi 1 `<p`J BLACKHAWK WAY WESTWARD HO DRIVE Grp a Li Of y�< of rrr rn a a z G�P�9F a a Jls'(P W 0 w J Q 48TH 50TH AVENUE H W Y 111 r w Li w r w z 0 w w Ir w IL IL w rn m m m ZAVENUE 54TH AVENUE 3 D t7 ty H z z 3 D t7 d ti 13 z z rn m m m 54TH AVENUE 55TH AVENUE 60TH AVENUE 3 O z El O m m m m 3 O z [3 O m !n 1 m m m GIST AVENUE ATTACHMENT 3 CITY OF LA QUINTA CAPITAL IMPROVEMENT PROGRAM DEVELOPER REIMBURSEMENT AGREEMENT REPAYMENT DEVELOPER (RESPONSIVE / CONFIRMED) AGREEMENI DATE CIP PROJECT DESCRIPTION NTE AMOUNT TOTAL POINTS ACCRUED FY 17/18 FY 18/19 FY 19/20 FY 20/21 FY 21/22 FY 22/23 FY 23/24 FY 24/25 FY 25/26 FY 26/27 FY 27/28 FY 28/29 ND Lo Quints Partners, LLC 4-Dec-07 Avenue 52 - Improved One Lane of Travel & Installed Raised/Landscaped Median 1,344,690 18 65,455 65,455 66,536 77,563 90,000 90,000 101,106 $ 101,408 $ 140,021 $ 204,400 $ 225,000 East of Madison, LLC 4-Dec-07 Avenue 52 - Improved One Lane of Travel & Installed 1/2 Raised/Landscaped Medi $ 669,920 17 $ 61,818 $ 61,818 $ 62,839 $ 73,254 $ 85,000 $ 85,000 $ 95,489 $ 95,775 . $ - $ - $ East of Madison, LLC (Part 1) 26-Jan-16 Madison Street - Improved One Lane of Travel & Installed Raised/Landscaped Med $ 976,266 14 $ 50,909 $ 50,909 $ 51,750 $ 60,327 $ 70,000 $ 70,000 $ 78,638 $ 78,873 $ 108,905 $ 158,978 $ 175,000 Toll Brother's Inc. (Part 1) 6-Feb-08 Avenue 50 - Installed Full Median Curb & Median Island Landscape $ 179,062 13 $ 47,273 $ 47,273 $ 48,054 $ - $ - $ - $ - $ - $ - $ - $ East of Madison, LLC (Part 2) 26-Jan-16 Avenue 54 - Improved One Lane of Travel & Striped 112 width Painted Median $ 524,010 11 $ 40,000 $ 40,000 $ 40,661 $ 47,400 $ 55,000 $ 55,000 $ 61,787 $ 61,972 $ 85,568 5 - $ - ND La Quints Partners, LLC 26-Jan-16 Madison Street - Improved One Lane of Travel $ 418,400 11 $ 40,000 $ 40,000 $ 40,661 $ 47,400 $ 55,000 $ 55,000 $ 61,787 $ 51,972 � 5 $ $ Lennar Homes of California, Inc 6-Jun-11 Fred Waring Drive - Installed full Median Curb & Median Island Landscape $ 103,083 10 $ 36,364 $ 36,364� • $ - $ - $ - $ - $ - $ - $ - $ - $ - Sam's Real Estate Business Tru! 10-Oct-12 Dune Palms Road - Installed Full Median Curb & Median Island Landscape $ 228,697 9 $ 32,727 $ 32,727 $ 33,268 $ 38,782 $ 45,000 $ 45,000 $ $ $ $ $ Toll Brother's Inc. (Part 2) 6-Feb-08 Avenue 52 - Median Island Improvements (Landscape Only) $ 95,596 7 $ 25,455 $ 25,455 $ 25,875llmj5 - $ - $ - $ $ $ $ $ - TOTAL DEVELOPER REIMBURSEMENT: $ 4,539,723 110 $ 400,000 $ 400,000 $ 400,000 $ 400,000 $ 400,000 $ 400,000 $ 400,000 $ 400,000 $ 400,000 $ 400,000 $ 400,000 $ 139,723 © Denotes the final payment due to the Developer This repayment plan is applicable to the Developers who have submitted invoices to the City, and the City has reviewed / approved repayment. This method calculates the overall percentage based on the Total Points Accrued, and allows the Developers to receive annual payments accordingly, until the Agreement has been satisfied. The percentage of (Total Points Accrued / Total Points) was determined for each Developer Reimbursement Agreement and multiplied by an annual anticipated payment of $400,000 to determine how much each Developer shall receive each year. In the event that a Developer's Agreement was fulfilled in a year, and there was a remainder of the anticipated $400,000, a new percentage, excluding the points from the previously repaid developer, was calculated and redistributed within that same Fiscal Year. DEVELOPER AGREEMENI TOTAL POINTS (NON -RESPONSIVE) DATE CIP PROJECT DESCRIPTION NTE AMOUNT ACCRUED Greystone Clubhouse Assoc., LL 12-Jun-08 Avenue 52 - Improved One Lane of Travel & Installed Raised/Landscaped Median $ 463,894 15 T.D. Desert Development LLP 12-Oct-06 Avenue 50 - Installed 1/2 Median Curb (with Landscape) $ 186,900 10 TOTAL DEVELOPER REIMBURSEMENT: 650,794 25 The above listed developers (two total) have not submitted the appropriate invoices or documentation, and are therefore considered as "Non -Responsive". The repayment plan above does not include the total of the Non -Responsive Developers ($650,794) in its total ($4,539,723). City of La Quinta STUDY SESSION ITEM NO. 2 FINANCIAL ADVISORY COMMISSION MEETING April 5, 2023 STAFF REPORT AGENDA TITLE: DISCUSS ANNUAL COMMUNITY WORKSHOP 2023 AND 2023/24 BUDGET PROCESS RECOMMENDATION Discuss Annual Community Workshop 2023 and 2023/24 budget process. EXECUTIVE SUMMAR' • Annually the City hosts a community workshop to garner input on City priorities from interested parties. Approximately 88 participants attended the 2023 Community Workshop. • This workshop marks the beginning of the fiscal year (FY) 2023/24 budget cycle, which includes expenses from Measure G sales tax revenue. FISCAL IMPACT - None BACKGROUND/ANALYSIS The 2023 Community Workshop was held on Wednesday, February 15, 2023 and attended by 88 active participants. The workshop included a recap of major initiatives and accomplishments for FY 2022/23, projects underway for 2023/24, a confirmation of sacred community values, the City's current financial status and priorities, and a presentation and prioritization of upcoming City initiatives and big rock projects. In accordance with the Measure G ballot measure, the FAC provides oversight of Measure G funds. Some priorities identified during the community workshop may be funded with current or future Measure G revenues. The annual budget process is approximately six months from January to June of each year. Multiple public meetings are held to garner community input before the final budget is presented for adoption. The FAC is a vital part of the budget process and oversees nearly $15,000,000 of annual revenue appropriations from Measure G sales tax. A timeline ensures the annual budget is adopted by June 30 of each year. ALTERNATIVES The FAC may request additional information. Prepared by: Claudia Martinez, Finance Director Attachment: 1. 2023/24 Budget Timeline CITY OF LA QUINTA ATTACHMENT FY 2023/24 The annual budget process coordinates the allocation of city revenues for essential services such as police and fire, community programs and events, and capital improvement projects. The City invites you to participate and/or track public meetings regarding the fiscal year 2023/24 budget. Proposed public meeting dates are summarized below and as meetings occur budget information presented will be available online on a dedicated City webpage within the Finance Department at: https://www.laquintaca.gov/our-city/city-departments/finance/budget/proposed-budget- 2023-24-timeline Questions regarding the fiscal year 2023/24 budget may be directed to finance@laquintaca.gov or by calling 760-777-7055. PUBLIC MEETING DATES FISCAL YEAR 2023/24 BUDGET 2/15/2023 Annual Community Workshop 4/4/2023 City Council Meeting - Proposed Capital Improvement Program (CIP) Study Session 4/5/2023 Financial Advisory Commission Meeting - Proposed Capital Improvement Program Study Session 5/10/2023 Financial Advisory Commission Meeting - Preliminary General Fund Expense & Revenue Projections 5/16/2023 City Council Meeting - Budget Study Session #1 - (General Fund and Internal Service Funds focus) 6/7/2023 Financial Advisory Commission Meeting - Final review of proposed Measure G sales tax uses City Council Meeting - Budget Study Session #2 - (All 6/6/2023 Appropriations- General Fund, Internal Service Funds, Enterprise, and Special Revenue Funds 6/6/2023 Housing Authority Board Meeting - Budget Study Session #1 (Housing Funds Only) 6/14/2023 Housing Commission Meeting - Final Review of proposed Housing Authority Budget 6/20/2023 City Council Meeting - Operating and CIP Budget Adoption 6/20/2023 Housing Authority - Budget Adoption DEPARTMENTAL REPORT ITEM NO.1 City of La Qu i nta FINANCIAL ADVISORY COMMISSION MEETING DEPARTMENT REPORT TO: Members of the Financial Advisory Commission FROM Claudia Martinez, Finance Director DATE- April 5, 2023 SUBJECT: FINANCE DEPARTMENT CURRENT AND FUTURE INITIATIVES In addition to items presented as staff reports, the Finance Department would like to provide updates on the following matters. AUDIT & FINANCIAL REPORTING • Citywide Comprehensive fiscal year 2021/22 Audit — in final review phase COMMITTEE UPDATES • FY 2023/24 General Fund Operating Budget (Commissioners Mast and Way) o The FY 2023/24 budget process is in process by City staff and management. Once all requests have been received, the committee will meet to cover revenue projections, expenditure requests, and proposed uses of Measure G sales tax revenue. o Finance Director to coordinate meeting timeline with committee members for late April • 10-Year Projection Task Force (Commissioners Anderson, Batavick, and Dorsey) o Conducted initial meeting on January 20, 2023 o Additional meetings to be scheduled in July after budget adoption • Auditing Services Selection Committee o Review committee will be selected at future meeting • Financial Statement and Audit training to be scheduled for entire Commission POLICY UPDATES • Purchasing and Contracting Policy- to be approved by Council in the April 18, 2023 meeting • Investment Policy- to be reviewed and approved during the May meeting FAC COMMISSIONER SEATS • Two Commissioner seats are available for a three-year term ending on June 30, 2026 • Applications must be submitted to the City Clerk's Office by June 5, 2023, at 5:00 p.m. • Interviews will be conducted by the City Council/Housing Authority on June 20, 2023, at 5:00 p.m. • For an application and more information please visit: https://www.laguintaca.gov/our-city/city-government/boards-and- rnmmiccinn It is important to note the items mentioned in this update are in addition to the daily functions of the Finance Department, which include, but are not limited to, staff report writing/review, payroll, accounts payable, accounts receivable, revenue processing, journal entries, capital accounting, project accounting, purchasing, investing, cash/treasury management, bank reconciliations, budgeting, research and analysis, staff training and development, and general financial support for all City departments. HAND OUTS FAC SPECIAL MEETING APRIL 5, 2023 STUDY SESSION ITEM NO. 1 - HAND OUT 1 CITY OF LA QUINTA DISSCUSS PROJECTS TO BE INCLUDED IN FISCAL YEARS 2023/24 THROUGH CIP REVENUE SUMMARY 2027/28 CAPITAL IMPROVEMENT PROGRAM BUDGET -PROVIDED BY STAFF FY 2023/24 PRIORITIZATION Maintenance General Fund Measure G SB 1 Road Parks and DIF Civic Center and Facilities Other Other Priority Project # Project Description Operating Sales Tax Maint/Rehab Rec DIF Transportation DIF DIF Measure A Revenue Revenue Source Total Ranking 2023/2024 201804 Landscape and Lighting Median Island Improvement; 500,000 500,000 Medium 201805 Maintenance and Operations Yard 500,000 500,000 Medium 201905 Highway 111 Corridor Area Plan Implementation 1,000,000 1,000,000 Medium 202008 Avenue 48 Art and Music Line 2,400,000 2,400,000 Medium 202102 Fritz Burns Park Improvement: 1,500,000 1,500,000 3,000,000 LWCF Grant 6,000,000 High 202205 Avenue 50 Widening Improvements (Jefferson Street to Madison Street) 471,613 471,613 Medium 202301 Avenue 58 Pavement Rehabilitation (Jefferson Street to Madison Street) 1,380,000 1,380,000 Medium 202302 Avenue 52 Monroe Street (New Traffic Signal) 150,000 City of Indio/ RivCo 150,000 High 202303 Washington Street Sidewalk Improvements (Avenue 50 to Calle Tampico) 478,000 478,000 Medium 202304 Highway 111 Event Site 500,000 500,000 Low 202305 X Park Pedestrian Signal 250,000 250,000 Medium 202306 La Quinta Parks Phase I (Sports Complex, CMP, and La Quinta Park) 650,000 650,000 Medium 202307 Citywide Miscellaneous ADA Improvements 136,300 CDBG 136,300 202308 X Park Building ADA Improvements 350,000 350,000 202309 Washington Street Connector to Art and Music Line 1,200,000 1,200,000 FY 2023/2024 SUBTOTAL: 4,402,000 6,600,000 949,613 650,000 550,000 0 500,000 1,865,000 3,186,300 18,702,913 Priority Rating Criteria Legend Project could be shifted to next fiscal year without major impacts. No funding constraints or match requirements. Medium (Ongoing project needing additional funding, community priority, or important for maintenance efforts. Critical to keep project funded. Needed to maintain grant funding, maintenance of effort or matching funds. POWER POINTS FAC SPECIAL MEETING APRIL 5,2023 Financial Advisory Commission Special Meeting 4/5/2023 9 �: �i�;,_,•:..t,'�',/(� c'r`� •,- wb -� •'1rr. ��- - -. ~�`.� ' � � c��. �� 'w._. �� .�,� 'its �.]-. � _ ".. � '�: Financial Advisory Commission Special Meeting 4/5/2023 Study Session Item No. 1 Discuss Projects to be Included in Fiscal Years 2023/24 through 2027/28 Capital Improvement Program Budget ii r�I CA. Purpose and Timeline • Review CIP — 5-year plan • City Council — Study Session April 4 — SB1 RMRA and Measure AApproval on April 18 — Public Hearing in June — Appropriate first year funds with City Budget • Financial Advisory Commission — Study Session FY 2023124 Projects • Transportation Projects • Drainage Projects • Landscape Renovation Projects • Parks and Facilities Projects • Other CIP Projects • DIF Reimbursements Transportation Projects • 2023/24 PMP — Third year of 5-Year PMP — Segment of Washington Street between Eisenhower Drive and Sagebrush Avenue — Avenue 60 from east of Monroe Street to Madison Street — Avenida La Fonda from Washington Street to Avenida Bermudas — Crack seal and Slurry Seal streets within the Cove 5-Year Pavement Management Plan (PMP) Transportation Projects • Avenue 48 Art and Music Line — Construction funding for CVAG Project in coordination with Cities of Indio, Coachella and County of Riverside — Interactive/artistic bicycle and pedestrian path • Washington Street Connector to Art and Music Line — Connection to Avenue 48 Art and Music Line — Along Washington Street south to Eisenhower Drive Ave 48 Art and Music Line Funding • Total Project Cost: $46M • Covered by ATP Grant: $36.4M • Local Share: $9.6M • La Quinta's 25% share: $2.4M Transportation Projects • Avenue 50 Widening Improvements — Jefferson Street to Madison Street — In partnership with city of Indio — Includes multi -use trail on north side • Avenue 52 at Monroe Street Traffic Signal — New traffic signal at intersection of Avenue 52 and Monroe St. — In coordination with the City of Indio and County of Riverside Transportation Projects • Washington Street Sidewalk Improvements — Construct sidewalk on east side of Washington Street — From Avenue 50 to Calle Tampico • X Park Pedestrian Signal — Pedestrian traffic signal on Dune Palms Road adjacent to X Park and La Quinta High School • Avenue 58 Pavement Rehabilitation — From Jefferson Street to Madison Street Current Transportation Projects Underway — Highway 111/Jefferson Intersection —complete — Moon River Drive Pavement Rehabilitation - complete — Jefferson REAS Slurry — construction almost complete — Citywide Striping — construction almost complete — Pavement Management Plan — going out to bid — Fred Waring Drive Pavement Rehabilitation — Dune Palms Road Pavement Rehabilitation — Avenue 50 and Avenue 52 Pavement Rehabilitation Highway 111 Pavement Rehabilitation Project • Includes entire reach of Highway 111 in La Quinta • Jefferson Street to Washington Street • Pulverization and repaving • Cost: $8M • Pursuing Congressionally Directed Spending (Earmark funding) FY 2021/22 and 2022/23 Road Improvement Projects • 2021 /22: 2 new pavement projects (and PM P) — $3M in road improvement project funding • 2022/23: 6 new pavement projects (and PM P) — $5.5M in road improvement project funding Drainage Improvements • Citywide Enhancements — Minimum 150-year storm protection — Next projects: Eisenhower Drive at Avenue 50 and at Avenida Bermudas north of Calle Tampico — Pursuing Congressionally Directed Spending (Earmark funding) Landscape Renovation Projects l Jam- i700, Landscape Renovation Project • Landscape &Lighting Median Island Improvements — Refurbish southern medians — Utilizing current landscape contractor and staff — Next area for improvement: Avenue 52 between Washington Street and SilverRock Way Parks and Facilities Projects • Fritz Burns Park Improvements — Master planning effort underway — Construction funding for additional park amenity improvements — Pursuing grant funding for construction, City match must be included in budget • X Park Building ADA Improvements — Provide ADA accessibility to viewing deck for usability X Park Building Viewing Deck ReF a 5 �4 Wi lt ��i It - Lift Examples Parks and Facilities Projects • Maintenance and Operations Yard — Funding for preliminary engineering and design • Highway 111 Event Site — Event site and parking on City owned lot — Located on south side of Highway 111 east of Dune Palms Rd — Funding for design and environmental phases Parks and Facilities Projects • La Quinta Parks Phase — In coordination with Desert Sands Unified School District — Various essential field, lighting and necessary improvements to the following parks: • La Quinta Sports Complex • Colonel Mitchell Paige Sports Fields • La Quinta Park Other CIP Projects • Highway 111 Corridor Area Plan Implementation — Single Specific Plan phase almost complete — PS&E for demonstration projects and ATP Grant application — Banking construction funding for demonstration project — Environmental for demonstration project site underway • Citywide Miscellaneous ADA Improvements DIF Reimbursements • Pay down existing obligations — In lieu of approving new Transportation DIF Projects — $400,000 per year — After this FY 4 out of 9 developers complete — Anticipated completion: 2028/29 Projects on the Horizon 0 Corporate Centre Drive Gap Closure (FY 2024/25) Avenue 47 Pavement Rehabilitation (FY 2025/26) — Washington Street to Adams Street North LQ Slurry Seal/Pavement Repair (FY 2026/27) Washington St Pavement Rehabilitation (FY 2027/28) — Eisenhower Drive to Fred Waring Drive CIP PRIORITIZATION CRITERIA Prioritv Rating Criteria Legend project could be shifted to next fiscal year without major maacts. No fundina constraints or match reauirements. going project needing additional funding, community Drity. or important for maintenance efforts. Critical to keep project funded. Needed to maintain grant funding, maintenance of effort or matchinq funds. FY 2023/24 CIP PRIORITIZATION Project # Project Description Total Priority Rankin 324ADA ADAAccessible Ramps - Various Locations 20,00 324CPM Citywide Preventative Maintenance Plan Improvements 50,000 324PMP Pavement Management Plan Street Improvements 1,500,000 324STI Sidewalks - Various Locations 55,000 324TMI Citywide Traffic Signal Maintenance Improvements 235,000 324DRA Citywide Drainage Enhancements 477,000 01702 Reimbursement for DIF Eligible Improvements 400,000 _Developer 01804 and Lighting Median Island Improvements 500,000 _Landscape 01805 Maintenance and Operations Yard 500,000 01905 Highway 111 Corridor Area Plan Implementation 1,000,00 02008 Avenue 48 Art and Music Line 2,400,000 02102 Fritz Burns Park Improvements 6,000,000 02205 Avenue 50 Widening Im rovements Jefferson Street to Madison Street 471,613 02301 Avenue 58 Pavement Rehabilitation Jefferson Street to Madison Street 1,380,00 02302 Avenue 52 Monroe Street New Traffic Signal) 150,00 02303 Street Sidewalk Improvements Avenue 50 to Calle Tampico) 478,000 _Washington 02304 111 Event Site 500,000 _Highway 02305 X Park Pedestrian Signal 250,000 02306 La Quinta Parks Phase I (Sports Complex, CMP, and La Quinta Park 650,000 02307 Citywide Miscellaneous ADAImprovements 136,300 02308 X Park Building ADA Improvements 350,000 02309 Washington Street Connector to Art and Music Line 1,200,000 FY 2023/2024 SUBTOTAL: 18,702,913 4/5/2023 �+i RRYA G 56,60O,o0d e DIF TrA.rspv*satlDn $550,000 T 30 •General Fund 14.4O2.00O • P.H. and R., OF 5650,000 FISCAL YEAR 202312024 REVENUE SUMMARY $18,702,913 sg 1 Ron, Melnt Rehab s nass • LVICF Grant eHa M A $3,000,0O0 ;1,965,0O0 mmalM-&FadIMw DIF -cDBG Grant 55O0,OO $136,30O ma lntena we a. Faillltle 0 3F 2.67% :DaG Grant 0.7a% EGuI pmu nt awacement Fund 027% 1ranspariattan oFF 2.94% •55 = papd "mot I R.heb $949,613 • Eq ulpma+t RaplacamanT Fund 550.000 15 qtv QUESTIONS & �DISCUSSION Financial Advisory Commission Special Meeting 4/5/2023 Business Session Item No. 1 Receive and File Fiscal Year 2022/23 Mid -Year Budget Report 4. �. CAftP 4/5/2023 33 34 17 4/5/2023 35 911 4/5/2023 37 19 Approved Adjustments • Budget Adjustments — Revenues $5,223,000 — Expenses $840,000 • Designated Reserve Funding Allocations — Natural Disaster $5M — Economic Downturn $2M — Capital Replacement $2M • Approved Payment to Pay Outstanding Pension Obligations — Utilize $5M from the Pension Trust — Utilize $5.2M from Unassigned Reserves Discussion & Questions t: Financial Advisory Commission Special Meeting 4/5/2023 Study Session Item No. 2 Discuss Annual Community Workshop 2023 and 2023/24 Budget Process -`CA, ip art 2023 Community Workshop Reconnect, Reimagine, Recalibrate Date: Wednesday, February 15th Location: La Quinta Wellness Center Approximate Number of Participants: 88 (55 Residents, 33 City Staff) 47A 2023 Community Workshop . Department updates on projects underway and planned . City financial overview on the current FY 2022/23 budget . Overview of the Short -Term Vacation Rental (STVR) program . City's Initiatives & "Big Rocks" Strategic Plan Undergrounding Utilities Imperial Irrigation District (IID) Sphere of Influence Community Priorities . Fritz Burns Park and Maintenance and Operations Yard . Road diet to reduce speeding in the Cove • Improvements to the historic casita on Calle Tampico/Eisenhower • Road Improvements throughout the City • Village parking enhancements 4/5/2023 45 mot. QUF�TIONS? COMMENTS? 23