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Quarterly Report of Investments as of December 31, 2023 <br />March 5, 2024 <br />Page 2 <br />4 <br />0 <br />7 <br />2 <br />The attached Cash held by Bank and Cash held by Fund(s) Listing (Exhibit 2) is a <br />schedule of cash by funds added to the monthly and quarterly Report of Investments to <br />enhance FMSA’s reporting and transparency. <br />The following tables represent: (1) percentage limits set by the City’s Investment Policy <br />and State Law and shows respective City investment portfolio investment types, <br />amounts, and percentages; and (2) the restricted cash balance as of December 31, <br />2023. <br />Type of Investment Amounts <br />Invested $Portfolio % <br />COSA <br />Policy <br />Limits <br />% <br />State Law <br />Limits % <br />Certificates of Deposit (CDs)$6,696,000 1.53%30%30% <br />Federal Farm Credit Bank (FFCB)$48,496,240 11.09%None None <br />Federal Home Loan Bank (FHLB)$224,357,659 51.28%None None <br />Federal Home Loan Mortgage Corp. (FHLMC)$48,971,750 11.20%None None <br />Federal National Mortgage Association (FNMA)$59,484,750 13.61%None None <br />Local Agency Investment Fund (LAIF)$12,027,629 2.75%None None <br />Local Agency Investment Fund (LAIF – ARPA)$32,349,873 7.40%None None <br />U.S. Treasury $4,990,000 1.14%None None <br />Sub- Total:$437,373,901 100%None None <br />Cash :$34,724,507 <br />Total:$472,098,408 <br />Restricted Cash In $ <br />Restricted Cash †$32,643,986 <br /> Total $32,643,986 <br />† Restricted cash is held by various Trustees such as Bank of New York Mellon; US Bank; Signature Bank; and State of California <br />Condemnation Fund. Restricted Cash is segregated from cash used for daily operations. <br />The following City investment portfolio graph represents percentages within the <br />respective investment types as of December 31, 2023. <br />  <br />  <br />City Council 8 – 2 3/5/2024