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HomeMy WebLinkAbout8.3.22 Board Correspondence - FW_ June 30, 2022 Investment Report and Transaction Reporting for Butte CountyFrom:Clerk of the Board To:Valencia, Shyanne; Reaster, Kayla; Pickett, Andy Subject:Board Correspondence - FW: June 30, 2022 Investment Report and Transaction Reporting for Butte County Date:Wednesday, August 3, 2022 8:52:33 AM Attachments:Investment Report June 2022.pdf Transaction Reporting June 2022.pdf Shyanne please log as Correspondence, and be sure to include the attachments. Thank you Shaina Paulsen Associate Clerk of The Board Butte County Administration 25 County Center Drive, Suite 200, Oroville, CA 95965 T: 530.552.3304 | F: 530.538.7120 From: Patterson, Kiley <KPatterson@buttecounty.net> Sent: Wednesday, August 3, 2022 8:30 AM To: 'Christy Patterson, Butte County Schools JPA' <cpatters@bcoe.org>; Clerk of the Board <clerkoftheboard@buttecounty.net>; Gutierrez, Graciela <GGutierrez@buttecounty.net>; Childs, Heather <hchilds@chicorec.com>; 'Heather Naylor, Gridley Unified School District' <hnaylor@gusd.org>; Cook, Holly <HCook@buttecounty.net>; Kidd, Troy <TKidd@buttecounty.net>; Honea, Kory <KHonea@buttecounty.net>; Lucero, Debra <DLucero@buttecounty.net>; Marie Hartman <MHARTMAN@chicousd.org>; 'Mary Sakuma' <msakuma@bcoe.org>; Menchaca, Clarissa <cmenchaca@buttecounty.net>; Merrifield, Catherine <cmerrifield@paradiseprpd.com>; Ramsey, Michael <MRamsey@buttecounty.net>; Michaelis, Matt <MMichaelis@buttecounty.net>; Patterson, Kiley <KPatterson@buttecounty.net>; Ritter, Tami <TRitter@buttecounty.net>; Bennett, Robin <RBennett@buttecounty.net>; Sanyakul, Soulyphorn <SSanyakul@buttecounty.net>; Smith, Brian <BSmith@buttecounty.net>; Connelly, Bill <BConnelly@buttecounty.net>; Kimmelshue, Tod <TKimmelshue@buttecounty.net>; Teeter, Doug <DTeeter@buttecounty.net>; 'Susan Watts, TOC Member (OUHSD rep)' <swatts@ouhsd.org>; Travis Haskill <thaskill@bcoe.org>; 'William (Jim) Nicholas, Director of Business Services' <nicholaswi@butte.edu>; 'Amador, Aaron' <aadmad@stormnet.com>; Angie Cote <GridleyBiggsCemetery@yahoo.com>; 'Bangor Cemetery District - Theresa Phillips, Trustee' <bangorcemeterydistrict@outlook.com>; Sandoval, Maritza <msandoval@buttemosquito.com>; 'BCOE, Leslie Romero Arana' <lromero@bcoe.org>; Brazil- Barnes, Virginia <vbrazil@elmediofire.com>; Broderson, Jill <jbroderson@buttecounty.net>; 'Bruffett, Jim' <jim_prpd@sbcglobal.net>; 'BUSD,Lorelle Mudd' <lmudd@biggs.org>; 'Butte Co Resource Conservation' <bcrcd@CARCD.org>; 'Butte Co Resource Conservation' <Linda@matsoncpa.com>; 'Butte County Resource Conservation District' <Victoria- Tweedie@CARCD.org>; 'Butte Creek Drainage, Drainage District #2' <westerncan@aol.com>; 'Cahn, Jeff' <orovillemad@yahoo.com>; 'CARD' <info@chicorec.com>; 'Christy Patterson, Executive Director, Butte Schools Self-Funded Programs' <cpatters@bsspjpa.org>; 'Compton, Vickie' <vac@avag1.com>; Cyr, Kirsten <kirsten@durhamrec.com>; 'Dehart, Denise' <ddehart@minasianlaw.com>; 'Drainage District #1' <mhinz72@sbcglobal.net>; 'Drainage District #100' <jmarta9673@aol.com>; 'Drainage District #200' <rid@pulsarco.com>; 'Durham Recreation & Park' <districtmanager@durhamrec.com>; 'El Medio Fire' <ohlhausen@elmediofire.com>; 'Feather River Rec & Park Dist. Randy Murphy, General Manager' <randy@frrpd.com>; Hobbs, Debbie <bookwormto@aol.com>; 'Jane Avram, Nancy' <cemeterywoman@saber.net>; Knight, Jay <chiconut@gmail.com>; 'Larson, Marvin' <LarCo5@softcom.net>; Minasian, Paul <pminasian@minasianlaw.com>; Peltzer, Deborah <deb@frrpd.com>; 'Quigley, Cindy' <cquigley@loapud.com>; 'Radcliffe, Heidi' <hradcliffe@chicorec.com>; Ravert, Rochelle <Rochelle@westerncanal.com>; 'Richardson Springs, Carlos Penning' <penningywam@gmail.com>; Parsley, Joanne <rockcreekreclamation@gmail.com>; 'Scott McCutcheon, Lake Oroville Area Public Utilities District' <scottm@loapud.com>; Smith, Cheryl <oroville.district@att.net>; Spreen, Misty <paracem@jps.net>; Travis Haskill <thaskill@bcoe.org>; Weinreich, Anita <qbqueen@sbcglobal.net> Subject: June 30, 2022 Investment Report and Transaction Reporting for Butte County Happy Wednesday! The Treasurer’s Investment Report for the month ending June 30, 2022 is attached for your reference. Additionally, the information provided in the attached “Transaction Reporting June 2022” consists of statements detailing transaction activity for the month. I wanted to bring to your attention page 2 of the Investment report which is provided at fiscal year- end and reports the Market Value/Fair Value on June 30, 2022. You will notice the Market Value/Fair Value is less than the book value. This is due to the rising interest rate environment we are experiencing. The difference between the Market Value and Book Value is considered an unrealized loss, not an actual loss. Such loss would only occur if we had to liquidate/sell all investments as of June 30th. Investments in our portfolio with a lower than current market coupon rate would have to be discounted to be sold which creates this “perceived” loss. We do not sell investments as we hold until maturity at which time we will receive the face value. This unrealized loss does not take into consideration the investment income we’ve received since purchasing nor any discount we received at time of purchase. If you have additional questions regarding this unrealized loss, please don’t hesitate to reach out. And speaking of rising interest rates, on July 27, the Federal Reserve Open Market Committee (FOMC) announced it raised the short-term federal funds rate by 75 basis points. The move follows earlier rate hikes of 25, 50 and 75 basis points in March, May and June, respectively. June’s move was the most aggressive rate hike since 1994. The goal is to slow demand-induced inflation while not triggering a recession. We shall see! If you have any questions or concerns, please feel free to contact myself or Troy Kidd. Kiley PattersonButte County Assistant Treasurer-Tax Collector Treasurer-Tax Collector’s Department 25 County Center Drive, Suite 125, Oroville, CA 95965 T: 530.552.3731| F: 530.538.6450 Twitter | Facebook | YouTube | Pinterest Treasurer – Tax Collector Troy Kidd, Treasurer-Tax Collector Treasury Division 25 County Center Drive, Suite 125 T: 530.552.3730 Oroville, California 95965-3384 F: 530.538.6450 buttecounty.net/ttc July 29, 2022 Butte County Board of Supervisors Butte County Chief Administrative Officer Investment Pool Oversight Committee The attached investment report for June 30, 2022 is submitted in accordance with the Butte County Statement of Investment Policy dated July 1, 2021. All investments are in compliance with this policy. The Investment Report demonstrates that sufficient liquidity is available to meet anticipated expenditures during the next six months. The Local Agency Investment Fund (LAIF) is used as a comparison against Butte’s portfolio performance. The 5 year moving average for the Butte County Treasury yields vs. LAIF yields demonstrates that over time, a medium term laddered portfolio will generally outperform a shorter term investment strategy, which LAIF mirrors. The 5-year moving average for Butte County’s FY 19/20 and FY 20/21 performance compared to LAIF shows margins of 0.529% and 1.291%, respectively. Looking at a ten-year average, the portfolio yield has exceeded LAIF’s average yield by .339%. Translating this into dollars with an average invested balance of $626,538,917 the pool participants benefited by an average of $2,123,967 per year in enhanced earnings. NOTE: Fair values are trending higher than cost carried due to a declining yield environment. Investments are marked to market monthly based on a current market price determined by U.S. Bancorp Investments. Copies of statements reflecting investment and cash management transactions are provided to the Board of Supervisors monthly and are available upon request. Quarterly Investment Reports are made available on the Treasurer-Tax Collector website at HUhttp://www.buttecounty.net/ttcUH. Respectfully, Troy Kidd Troy Kidd Butte County Treasurer-Tax Collector cc: Butte County Auditor-Controller Butte County Special Districts (Quarterly) Butte County Board of Supervisors Butte-Glenn Community College Butte County District Attorney Chico Unified and Gridley Unified School Districts Butte County Schools-JPA Michaelis, Matt – Butte County Deputy Administrative Officer Butte County Sheriff Sanyakul, Soulyphorn – Butte County Internal Auditor Butte County Superintendent of Schools BUTTE COUNTY TREASURER'S INVESTMENT REPORT Investment Book Value Fair Value (FV)Percentage (FV/CC) LAIF 230,815,861.06$ 227,844,202.41$ 98.7125414% CAMP 25,010,077.37$ 25,010,077.37$ 100.0000000% Corporate-Supranationals 80,000,000.00$ 75,495,015.00$ 94.3687688% Negotiable CDs 4,247,000.00$ 4,234,076.98$ 99.6957142% Municipal Bonds 163,970,000.00$ 158,925,300.25$ 96.9234008% Corporate Notes 96,097,000.00$ 91,650,759.55$ 95.3731746% US Agency 373,041,000.00$ 356,482,613.20$ 95.5612421% Treasury Notes 265,000,000.00$ 257,527,325.00$ 97.1801226% Operating Accounts 28,396,786.24$ 28,396,786.24$ 100.0000000% School Bonds LAIF 161,263,260.76$ 159,187,063.04$ 98.7125414% MANAGED PORTFOLIO TOTAL 1,427,840,985.43$ 1,384,753,219.04$ 96.9823134% Fair Value as of 6/30/22 Butte County Pooled Treasury Fund Name Face Amount/Shares Market Value Book Value % of Portfolio YTM @ Cost Days To Maturity CAMP Short Term 25,010,077.37 25,010,077.37 25,010,077.37 1.75 1.14 1 CD Negotiable 4,247,000.00 4,234,076.98 4,246,812.43 0.30 2.60 357 Corporate - Supranationals 80,000,000.00 75,495,015.00 79,930,883.47 5.60 1.20 984 Corporate Notes 96,097,000.00 91,650,759.55 96,505,996.07 6.76 1.55 878 LAIF 230,815,861.06 227,844,202.41 230,815,861.06 16.17 0.86 1 LAIF / School Bonds 161,263,260.76 159,187,063.04 161,263,260.76 11.30 0.86 1 Municipal Bonds 163,970,000.00 158,925,300.25 166,303,788.82 11.65 1.17 739 Operating Accounts 28,396,768.24 28,396,768.24 28,396,768.24 1.99 0.00 1 US Agency 373,041,000.00 356,482,613.20 373,120,584.43 26.14 1.15 815 US Treasury 265,000,000.00 257,527,325.00 262,067,816.89 18.36 1.75 590 Total / Average 1,427,840,967.43 1,384,753,201.04 1,427,661,849.54 100.00 1.20 523 Troy Kidd, Treasurer - Tax Collector Investment Policy Compliance The attached investment report is submitted in accordance with the Butte County Statement of Investment Policy dated July 1, 2021. All investments are in compliance with this policy. Investments are marked to market monthly based on a current market price determined by U.S. Bancorp Investments. Sufficient liquidity is available to meet anticipated expenditures during the next six months. BUTTE COUNTY Treasurer's Investment Report June 30, 2022 Troy Kidd USD Butte - Glenn 2016A GO Bond LAIF4001 LAIF 4001 Butte CC LGIP 5,399.20 4/6/2017 0.86 5,399.20 5,399.20 98.71 0.86 5,329.69 -69.51 0% NR NR 0 1 1 0 0% -69.51 5,329.69 0.86 5,399.20 5,399.200.865,399.20Sub Total USD Butte - Glenn 2016A GO Bond USD Butte-Glenn 2016 C GO Bond LAIF4001 LAIF 4001 Butte CC LGIP 906.25 6/17/2022 0.86 906.25 906.25 98.71 0.86 894.58 -11.67 0% NR NR 0 1 LAIF11-04007 LAIF 4007 Butte College USD LGIP 49,658,000.00 6/17/2022 0.86 49,658,000.00 49,658,000.00 98.71 0.86 49,018,673.81 -639,326.19 30.79% None None 0 1 1 0 30.79% -639,337.86 49,019,568.39 0.86 49,658,906.25 49,658,906.250.8649,658,906.25Sub Total USD Butte-Glenn 2016 C GO Bond USD Butte-Glenn 2016B Go Bond LAIF4001 LAIF 4001 Butte CC LGIP 34,568,296.95 8/12/2019 0.86 34,568,296.95 34,568,296.95 98.71 0.86 34,123,244.44 -445,052.51 21.44% NR NR 0 1 1 0 21.44% -445,052.51 34,123,244.44 0.86 34,568,296.95 34,568,296.950.8634,568,296.95Sub Total USD Butte-Glenn 2016B Go Bond USD Chico 2012A GO Bond LAIF4006 LAIF 4006 Chico USD LGIP 35,355.13 5/30/2013 0.86 35,355.13 35,355.13 98.71 0.86 34,899.95 -455.18 0.02% NR NR 0 1 1 0 0.02% -455.18 34,899.95 0.86 35,355.13 35,355.130.8635,355.13Sub Total USD Chico 2012A GO Bond USD Chico 2016 C Bond LAIF4006 LAIF 4006 Chico USD LGIP 51,784,628.00 8/17/2021 0.86 51,784,628.00 51,784,628.00 98.71 0.86 51,117,922.35 -666,705.65 32.11% NR NR 0 1 1 0 32.11% -666,705.65 51,117,922.35 0.86 51,784,628.00 51,784,628.000.8651,784,628.00Sub Total USD Chico 2016 C Bond CUSIP Face Amount / Shares Settlement DateDescription YTM @ Cost Cost Value Book Value YTM @ Market Market Price Market Value Accrued Interest Unre. Gain/Loss % Portfolio Credit Rating Credit Rating Duration To Maturity Days To Call/Maturity Date: 6/30/2022School Bond Proceeds Portfolio Holdings by Portfolio Name Butte County USD Chico 2016B Go Bond LAIF4006 LAIF 4006 Chico USD LGIP 1,162,108.45 7/25/2019 0.86 1,162,108.45 1,162,108.45 98.71 0.86 1,147,146.78 -14,961.67 0.72% NR NR 0 1 1 0 0.72% -14,961.67 1,147,146.78 0.86 1,162,108.45 1,162,108.450.861,162,108.45Sub Total USD Chico 2016B Go Bond USD Durham 2019 A Bond LAIF4007 LAIF 4007 Butte Office of Education LGIP -229.22 6/13/2019 0.86 -229.22 -229.22 98.71 0.86 -226.27 2.95 0% NR NR 0 1 1 0 0% 2.95 -226.27 0.86 -229.22 -229.220.86-229.22Sub Total USD Durham 2019 A Bond USD Durham 2021 Series B Bond LAIF4007 LAIF 4007 Butte Office of Education LGIP 8,010,243.94 1/20/2021 0.86 8,010,243.94 8,010,243.94 98.71 0.86 7,907,115.37 -103,128.57 4.97% NR NR 0 1 1 0 4.97% -103,128.57 7,907,115.37 0.86 8,010,243.94 8,010,243.940.868,010,243.94Sub Total USD Durham 2021 Series B Bond USD Durham 2022 C Bond LAIF4007 LAIF 4007 Butte Office of Education LGIP 3,559,932.60 3/30/2022 0.86 3,559,932.60 3,559,932.60 98.71 0.86 3,514,099.94 -45,832.66 2.21% NR NR 0 1 1 0 2.21% -45,832.66 3,514,099.94 0.86 3,559,932.60 3,559,932.600.863,559,932.60Sub Total USD Durham 2022 C Bond USD Paradise 2021 Series A Bond LAIF4003 LAIF 4003 Paradise USD LGIP 2,935,956.05 2/3/2021 0.86 2,935,956.05 2,935,956.05 98.71 0.86 2,898,156.83 -37,799.22 1.82% NR NR 0 1 1 0 1.82% -37,799.22 2,898,156.83 0.86 2,935,956.05 2,935,956.050.862,935,956.05Sub Total USD Paradise 2021 Series A Bond USD Paradise 2021 Series B Bond LAIF4003 LAIF 4003 Paradise USD LGIP 9,542,663.41 3/31/2022 0.86 9,542,663.41 9,542,663.41 98.71 0.86 9,419,805.57 -122,857.84 5.92% NR NR 0 1 CUSIP Face Amount / Shares Settlement DateDescription YTM @ Cost Cost Value Book Value YTM @ Market Market Price Market Value Accrued Interest Unre. Gain/Loss % Portfolio Credit Rating Credit Rating Duration To Maturity Days To Call/Maturity Date: 6/30/2022School Bond Proceeds Portfolio Holdings by Portfolio Name Butte County 1 0 5.92% -122,857.84 9,419,805.57 0.86 9,542,663.41 9,542,663.410.869,542,663.41Sub Total USD Paradise 2021 Series B Bond TOTAL PORTFOLIO 161,263,260.76 0.86 161,263,260.76 161,263,260.76 0.86 159,187,063.04 -2,076,197.72 100.00% 0 1 CUSIP Face Amount / Shares Settlement DateDescription YTM @ Cost Cost Value Book Value YTM @ Market Market Price Market Value Accrued Interest Unre. Gain/Loss % Portfolio Credit Rating Credit Rating Duration To Maturity Days To Call/Maturity Date: 6/30/2022School Bond Proceeds Portfolio Holdings by Portfolio Name Butte County Main Fund Allocation Main Fund Market Value 6/30/2021 % of Portfolio 6/30/2021 Market Value 6/30/2022 % of Portfolio 6/30/2022 CAMP Short Term 10,060.15 0.00 25,010,077.37 2.09 CD Negotiable 7,503,997.50 0.82 4,234,076.98 0.35 Corporate - Supranationals 60,765,373.60 6.65 75,495,015.00 6.31 Corporate Notes 84,542,503.06 9.26 91,650,759.55 7.66 LAIF 295,652,675.85 32.37 227,844,202.41 19.03 Municipal Bonds 158,163,353.60 17.32 158,925,300.25 13.28 US Agency 255,375,273.16 27.96 356,482,613.20 29.78 US Treasury 51,318,640.00 5.62 257,527,325.00 21.51 Total / Average 913,331,876.92 100.00 1,197,169,369.76 100.00 Portfolio Holdings as of 6/30/2021 Portfolio Holdings as of 6/30/2022 Market Value Source: US Bank Safekeeping Begin Date: 6/30/2021, End Date: 6/30/2022Actively Managed Portfolio Distribution by Main Fund - Market Value Butte County Maturity Range Allocation Maturity Range Market Value 6/30/2021 % of Portfolio 6/30/2021 Market Value 6/30/2022 % of Portfolio 6/30/2022 0-1 Month 306,423,061.00 33.55 263,094,543.28 21.98 1-3 Months 11,828,751.75 1.30 27,845,326.00 2.33 3-6 Months 5,269,805.00 0.58 29,958,172.50 2.50 6-9 Months 17,141,225.50 1.88 34,991,449.50 2.92 9-12 Months 16,202,921.95 1.77 89,271,455.53 7.46 1-2 Years 101,495,276.15 11.11 332,710,946.15 27.79 2-3 Years 139,278,730.81 15.25 168,446,028.10 14.07 3-4 Years 139,783,041.51 15.30 171,883,222.55 14.36 4-5 Years 175,909,063.25 19.26 78,968,226.15 6.60 Total / Average 913,331,876.92 100.00 1,197,169,369.76 100.00 Portfolio Holdings as of 6/30/2021 Portfolio Holdings as of 6/30/2022 Market Value Source: US Bank Safekeeping Begin Date: 6/30/2021, End Date: 6/30/2022Actively Managed Portfolio Distribution by Maturity Range - Market Value Butte County CUSIP/Ticker Description Credit Rating 1 Credit Rating 2 Settlement Date Maturity Date YTM @ Cost Face Amount/Shares Market Value Book Value 06740KKD8 Barclays Bank DE 2.2 7/12/2022 NR FDIC Insured 7/12/2017 7/12/2022 2.200 250,000.00 250,043.50 250,000.00 87270LAJ2 TIAA First Savings Bank FL 2.2 8/16/2022 NR FDIC Insured 8/16/2017 8/16/2022 2.200 250,000.00 250,151.75 250,000.00 319141HG5 First Bank IL 2.2 8/16/2022 NR FDIC Insured 8/16/2017 8/16/2022 2.200 250,000.00 250,151.75 250,000.00 33610RRF2 First Premier Bank SD 2 9/15/2022 NR FDIC Insured 9/15/2017 9/15/2022 2.000 250,000.00 250,129.25 250,000.00 66612ABX5 Northfield Bank NY 2.15 10/25/2022 NR FDIC Insured 10/25/2017 10/25/2022 2.203 250,000.00 250,237.50 249,937.36 58733AET2 Mercantil Commerce Bank 2.65 12/29/2022 NR FDIC Insured 12/29/2017 12/29/2022 2.650 250,000.00 250,707.25 250,000.00 61747MF63 Morgan Stanley Bank UT 2.65 1/11/2023 NR FDIC Insured 1/11/2018 1/11/2023 2.650 250,000.00 250,669.25 250,000.00 080515CM9 Belmont Springs MA 2.8 3/14/2023 NR FDIC Insured 3/14/2018 3/14/2023 2.854 250,000.00 250,698.00 249,875.07 17312QJ26 Citibank National SD 2.9 4/11/2023 NR FDIC Insured 4/11/2018 4/11/2023 2.900 250,000.00 250,728.50 250,000.00 50116CCA5 Kansas State Bank KS 3.25 7/27/2023 NR FDIC Insured 7/27/2018 7/27/2023 3.250 250,000.00 250,907.25 250,000.00 38148PW94 Goldman Sachs 3.35 9/26/2023 NR FDIC Insured 9/26/2018 9/26/2023 3.350 250,000.00 251,120.00 250,000.00 635573AK4 National Cooperative Bank 3.45 10/30/2023 NR FDIC Insured 10/30/2018 10/30/2023 3.450 250,000.00 251,412.00 250,000.00 61760AUJ6 Morgan Stanley Bank NY 3.15 1/17/2024 NR FDIC Insured 1/17/2019 1/17/2024 3.150 250,000.00 250,146.75 250,000.00 7954502D6 Sallie Mae 2.75 4/10/2024 NR FDIC Insured 4/10/2019 4/10/2024 2.750 250,000.00 248,024.25 250,000.00 29367RKT2 Enterprise Bank/PA 2.6 5/16/2024 NR FDIC Insured 5/16/2019 5/16/2024 2.600 250,000.00 247,045.50 250,000.00 75472RAE1 Raymond James2 8/23/2024 NR FDIC Insured 8/23/2019 8/23/2024 2.000 250,000.00 243,218.75 250,000.00 46256YBC2 Iowa State Bank 1.8 10/16/2024 NR FDIC Insured 10/16/2019 10/16/2024 1.800 247,000.00 238,685.73 247,000.00 CD Negotiable 2.604 4,247,000.00 4,234,076.98 4,246,812.43 4581X0CZ9 IADB Supranational 1.75 9/14/2022 Moodys-Aaa S&P-AAA 9/14/2017 9/14/2022 1.803 5,000,000.00 4,996,280.00 4,998,750.00 4581X0DA3 IADB Supranational 2.5 1/18/2023 Moodys-Aaa S&P-AAA 4/6/2018 1/18/2023 2.749 5,000,000.00 4,995,650.00 4,988,386.76 45950VQH2 IFC 0.23 9/27/2023 Moodys-Aaa S&P-AAA 9/27/2021 9/27/2023 0.247 5,000,000.00 4,832,455.00 4,998,725.00 459058GL1 IADB Supranational 3 9/27/2023 Moodys-Aaa S&P-AAA 1/17/2019 9/27/2023 2.635 5,000,000.00 4,994,780.00 5,025,562.13 45950VQW9 IFC 0.67 12/13/2023 Moodys-Aaa S&P-AAA 12/13/2021 12/13/2023 0.670 5,000,000.00 4,829,715.00 5,000,000.00 459058GQ0 IBRD 2.5 3/19/2024 Moodys-Aaa S&P-AAA 4/5/2019 3/19/2024 2.413 5,000,000.00 4,951,825.00 5,008,106.05 45950VQD1 IFC 0.47 9/3/2024 Moodys-Aaa S&P-AAA 9/3/2021 9/3/2024 0.480 5,000,000.00 4,701,510.00 4,998,762.50 459058JL8 IBRD 0.5 10/28/2025 Moodys-Aaa S&P-AAA 2/2/2021 10/28/2025 0.475 10,000,000.00 9,137,770.00 10,008,493.55 45950VPJ9 IFC 0.58 1/15/2026 Moodys-Aaa S&P-AAA 1/15/2021 1/15/2026 0.580 5,000,000.00 4,553,420.00 5,000,000.00 45905U5Y6 IBRD 0.6 2/18/2026-22 Moodys-Aaa S&P-AAA 2/18/2021 2/18/2026 0.600 5,000,000.00 4,552,965.00 5,000,000.00 45818WDA1 IADB 0.8 3/4/2026 Moodys-Aaa S&P-AAA 3/11/2021 3/4/2026 0.837 5,000,000.00 4,604,440.00 4,992,767.88 45818WDH6 IADB 0.8 6/17/2026 Moodys-Aaa S&P-AAA 12/8/2021 6/17/2026 1.208 5,000,000.00 4,577,830.00 4,920,822.10 45818WDJ2 IADB 0.8 8/19/2026 Moodys-Aaa S&P-AAA 8/19/2021 8/19/2026 0.805 5,000,000.00 4,537,595.00 4,998,897.50 459058KB8 IBRD Step 11/6/2026-23 Moodys-Aaa S&P-AAA 11/8/2021 11/6/2026 1.616 5,000,000.00 4,599,075.00 5,000,000.00 4581X0EB0 IADB 1.5 1/13/2027 Moodys-Aaa S&P-AAA 1/13/2022 1/13/2027 1.535 5,000,000.00 4,629,705.00 4,991,610.00 Corporate - Supranationals 1.216 80,000,000.00 75,495,015.00 79,930,883.47 084670BR8 Berkshire Hathaway 2.75 3/15/2023-23 Moodys-Aa2 S&P-AA 3/20/2018 3/15/2023 3.101 1,000,000.00 998,220.00 996,769.03 084670BR8 Berkshire Hathaway 2.75 3/15/2023-23 Moodys-Aa2 S&P-AA 4/19/2018 3/15/2023 3.123 1,000,000.00 998,220.00 996,559.00 037833AK6 Apple Inc 2.4 5/3/2023 Moodys-Aa1 S&P-AA+5/7/2018 5/3/2023 3.180 5,000,000.00 4,970,375.00 4,964,190.42 594918BQ6 Microsoft Corp 2 8/8/2023-23 Moodys-Aaa S&P-AAA 1/18/2019 8/8/2023 2.820 5,000,000.00 4,951,760.00 4,942,641.46 740816AJ2 PRES & FELLOW OF HARVARD COLLEGE 2.3 Moodys-Aaa S&P-AAA 2/18/2020 10/1/2023 1.660 2,847,000.00 2,825,550.70 2,873,405.65 037833CG3 Apple Inc 3 2/9/2024 Moodys-Aa1 S&P-AA+2/27/2019 2/9/2024 2.894 5,000,000.00 4,980,570.00 5,009,797.98 717081ES8 Pfizer 2.95 3/15/2024-19 Moodys-A2 S&P-A+3/15/2022 3/15/2024 2.058 4,450,000.00 4,420,892.55 4,527,385.50 30231GAC6 Exxon 3.176 3/15/2024-23 Moodys-Aaa S&P-AA+9/17/2019 3/15/2024 2.051 2,500,000.00 2,496,625.00 2,553,466.01 931142DP5 Walmart 3.3 4/22/2024-24 Moodys-Aa2 S&P-AA 8/19/2019 4/22/2024 1.943 2,000,000.00 2,003,406.00 2,051,619.25 037833CU2 Apple Inc 2.85 5/11/2024-24 Moodys-Aa1 S&P-AA+5/29/2019 5/11/2024 2.661 5,000,000.00 4,960,450.00 5,017,575.76 023135BW5 Amazon 0.45 5/12/2024-21 Moodys-A1 S&P-AA 10/27/2021 5/12/2024 0.675 5,000,000.00 4,739,250.00 4,977,727.21 931142EL3 Walmart 2.85 7/8/2024-24 Moodys-Aa2 S&P-AA 8/19/2019 7/8/2024 1.886 2,000,000.00 1,984,954.00 2,045,793.06 BUTTE COUNTY Treasurer's Investment Report Fixed Portfolio Holdings Detail June 30, 2022 Corporate - Supranationals Corporate Notes CD Negotiable CUSIP/Ticker Description Credit Rating 1 Credit Rating 2 Settlement Date Maturity Date YTM @ Cost Face Amount/Shares Market Value Book Value 30231GBC5 Exxon 2.019 8/16/2024-19 Moodys-Aa2 S&P-AA-5/20/2022 8/16/2024 2.830 5,000,000.00 4,871,530.00 4,912,540.00 24422EVC0 John Deere Capital 2.05 1/5/2025 Moodys-A2 S&P-A 12/9/2020 1/5/2025 0.585 5,000,000.00 4,830,370.00 5,216,000.03 037833DF4 APPLE 2.75 1/13/2025-20 Moodys-Aa1 S&P-AA+2/3/2020 1/13/2025 1.754 5,000,000.00 4,925,215.00 5,142,465.96 037833DT4 Apple 1.125 5/11/2025-20 Moodys-Aa1 S&P-AA+8/21/2020 5/11/2025 0.580 5,000,000.00 4,682,005.00 5,080,523.53 037833DX5 Apple 0.55 8/20/2025-20 Moodys-Aa1 S&P-AA+2/23/2021 8/20/2025 0.664 5,000,000.00 4,573,665.00 4,980,363.64 478160CN2 Johnson & Johnson 0.55 9/1/2025-20 Moodys-Aaa S&P-AAA 1/14/2021 9/1/2025 0.608 5,000,000.00 4,571,360.00 4,989,985.00 478160CN2 Johnson & Johnson 0.55 9/1/2025-20 Moodys-Aaa S&P-AAA 9/8/2021 9/1/2025 0.694 5,000,000.00 4,571,360.00 4,975,160.50 64952WDW0 New York Life Global 0.85 1/15/2026 Moodys-Aaa S&P-AA+1/20/2021 1/15/2026 0.777 5,000,000.00 4,492,855.00 5,014,279.67 64952WDW0 New York Life Global 0.85 1/15/2026 Moodys-Aaa S&P-AA+9/27/2021 1/15/2026 1.119 5,300,000.00 4,762,426.30 5,244,436.28 24422EVK2 John Deere Capital 0.7 1/15/2026 Moodys-A2 S&P-A 1/22/2021 1/15/2026 0.722 5,000,000.00 4,501,225.00 4,995,663.13 037833EB2 Apple Inc 0.7 2/8/2026-21 Moodys-Aa1 S&P-AA+2/8/2021 2/8/2026 0.712 5,000,000.00 4,538,475.00 4,997,648.00 Corporate Notes 1.589 96,097,000.00 91,650,759.55 96,505,996.07 9281726H3 VIRGINIA PUBLIC BUILDING AUTHORITY 1.60 Moodys-Aa1 S&P-AA+4/23/2020 8/1/2022 1.602 450,000.00 449,779.50 450,000.00 238848EH4 Davis Joint USD 5 8/1/2022 Moodys-A1 S&P-AA-5/19/2020 8/1/2022 1.019 1,255,000.00 1,258,978.35 1,279,629.38 799055QR2 San Mateo Foster City 1.162 8/1/2022 Moodys-Aaa S&P-AA+5/19/2020 8/1/2022 1.162 950,000.00 949,392.00 950,000.00 671205Y48 Oak Grove School Dist 0.927 8/1/2022 Moodys-Aa3 S&P-AA 6/25/2020 8/1/2022 0.927 840,000.00 839,126.40 840,000.00 60412AVR1 State of Minnesota 0.4 8/1/2022 Moodys-Aa1 S&P-AAA 8/25/2020 8/1/2022 0.250 6,000,000.00 5,992,260.00 6,004,484.48 010878AN6 Alameda County CA 4 8/1/2022 Moodys-Aaa S&P-AAA 3/29/2018 8/1/2022 2.832 2,000,000.00 2,003,640.00 2,010,929.07 036717MK9 ANTELOPE VALLEY HSD 1.979 8/2/2022 Moodys-Aa3 NR 11/21/2019 8/2/2022 1.979 600,000.00 599,952.00 600,000.00 13063DRH3 State of California 2.5 10/1/2022 Moodys-Aa2 S&P-AA-10/24/2019 10/1/2022 1.781 5,000,000.00 5,006,000.00 5,017,455.06 882724XH5 State of Texas 0.308 10/1/2022 Moodys-Aaa S&P-AAA 11/18/2021 10/1/2022 0.308 3,000,000.00 2,988,660.00 3,000,000.00 13077DKA9 CALIFORNIA ST UNIV REV BOND 1.523 11/1/2 Moodys-Aa2 S&P-AA-2/27/2020 11/1/2022 1.523 1,750,000.00 1,744,610.00 1,750,000.00 574193SN9 State of Maryland 0.86 3/15/2023 Moodys-Aaa S&P-AAA 3/18/2020 3/15/2023 0.860 2,500,000.00 2,465,100.00 2,500,000.00 977100CZ7 WISCONSIN STATE2.049 5/1/2023 Moodys-Aa2 S&P-AA-3/25/2020 5/1/2023 2.049 3,925,000.00 3,893,011.25 3,925,000.00 692020R36 OXNARD SCHOOL DIST 2.058 8/1/2023 NR S&P-AA 12/5/2019 8/1/2023 2.058 500,000.00 493,115.00 500,000.00 373385FN8 State of Georgia 0.26 8/1/2023-20 Moodys-Aaa S&P-AAA 8/27/2020 8/1/2023 0.250 5,000,000.00 4,849,800.00 5,000,742.88 238848EJ0 Davis Joint USD 5 8/1/2023 Moodys-A1 S&P-AA-5/19/2020 8/1/2023 1.090 1,325,000.00 1,371,865.25 1,401,152.30 798170AF3 San Jose CA REDEV AGY 2.828 8/1/2023 NR S&P-AA 3/26/2020 8/1/2023 2.000 6,700,000.00 6,662,145.00 6,780,046.37 212204JD4 Contra Costa Community College 1.704 8/1/2023 Moodys-Aa1 S&P-AA+9/12/2019 8/1/2023 1.704 2,915,000.00 2,859,440.10 2,915,000.00 9523472D3 West Contra Costa USD 1.569 8/1/2023 Moodys-A1 S&P-AA-9/16/2020 8/1/2023 0.499 2,050,000.00 2,015,478.00 2,082,621.74 036717ML7 ANTELOPE VALLEY HSD 2.082 8/1/2023 Moodys-Aa3 NR 11/21/2019 8/1/2023 2.082 1,395,000.00 1,376,223.30 1,395,000.00 882724WQ6 State of Texas 0.508 10/1/2023 Moodys-Aaa S&P-AAA 11/18/2021 10/1/2023 0.508 2,500,000.00 2,423,950.00 2,500,000.00 13063DDG0 California State 2.25 10/1/2023 Moodys-Aa3 S&P-AA-1/18/2019 10/1/2023 2.747 5,000,000.00 4,945,450.00 4,965,217.37 13063DJ82 State of California 1.25 10/1/2023 Moodys-Aa2 S&P-AA-11/17/2021 10/1/2023 0.470 3,890,000.00 3,800,257.70 3,935,253.28 13077DKB7 CALIFORNIA ST UNIV 1.557 11/1/2023 Moodys-Aa2 S&P-AA-2/27/2020 11/1/2023 1.557 1,000,000.00 976,950.00 1,000,000.00 672240WS3 City of Oakland 1.58 1/15/2024 Moodys-Aa1 S&P-AA 2/27/2020 1/15/2024 1.580 4,815,000.00 4,678,831.80 4,815,000.00 574193SP4 State of Maryland 0.97 3/15/2024 Moodys-Aaa S&P-AAA 3/18/2020 3/15/2024 0.970 2,500,000.00 2,409,925.00 2,500,000.00 13063DLZ9 CA State3 4/1/2024 Moodys-Aa3 S&P-AA-4/4/2019 4/1/2024 2.510 5,000,000.00 4,972,900.00 5,045,776.29 919259BM2 City of Vallejo CA Water1.523 5/1/2024 NR S&P-AA 3/31/2020 5/1/2024 1.523 1,500,000.00 1,448,595.00 1,500,000.00 34153QUC8 State of Florida 0.39 6/1/2024 Moodys-Aaa S&P-AAA 10/22/2020 6/1/2024 0.390 5,000,000.00 4,726,150.00 5,000,000.00 238848EK7 Davis Joint USD 5 8/1/2024 Moodys-A1 S&P-AA-5/19/2020 8/1/2024 1.124 1,390,000.00 1,471,815.40 1,521,139.88 801546QU9 County of Stata Clara 2 8/1/2024 Moodys-Aaa S&P-AAA 7/28/2021 8/1/2024 0.450 5,000,000.00 4,873,500.00 5,192,216.07 373385FP3 State of Georgia 0.42 8/1/2024-20 Moodys-Aaa S&P-AAA 8/27/2020 8/1/2024 0.420 5,000,000.00 4,702,200.00 5,000,000.00 798170AG1 SJSDEV 2.958 8/1/2024 NR S&P-AA 1/8/2020 8/1/2024 1.861 2,000,000.00 1,969,460.00 2,052,334.75 419792ZK5 State of Hawaii 0.802 10/1/2024 Moodys-Aa2 S&P-AA+10/29/2020 10/1/2024 0.802 1,000,000.00 943,260.00 1,000,000.00 672240WT1 City of Oakland 1.63 1/15/2025 Moodys-Aa1 S&P-AA 2/27/2020 1/15/2025 1.630 4,890,000.00 4,640,707.80 4,890,000.00 76913CAZ2 County of Riverside 2.667 2/15/2025-20 Moodys-A2 S&P-AA 5/6/2020 2/15/2025 2.667 2,500,000.00 2,419,375.00 2,500,000.00 20772KGP8 STATE OF CONNECTICUT 3.136 4/15/2025 Moodys-A1 S&P-A 4/15/2020 4/15/2025 2.150 3,000,000.00 2,968,800.00 3,083,700.00 68609TMM7 State of Oregon 1.867 5/1/2025-19 Moodys-Aa1 S&P-AA+5/11/2020 5/1/2025 1.000 4,800,000.00 4,614,240.00 4,921,490.95 88213AEL5 Texas A&M University 2.666 5/15/2025 Moodys-Aaa S&P-AAA 10/13/2020 5/15/2025 0.589 2,000,000.00 1,959,000.00 2,122,774.82 88213AKC8 Texas ST A&M University 2.686 5/15/2025 Moodys-Aaa S&P-AAA 5/15/2020 5/15/2025 1.104 3,000,000.00 2,940,150.00 3,138,150.00 34153QUD6 State of Florida 0.55 6/1/2025 Moodys-Aaa S&P-AAA 10/26/2020 6/1/2025 0.620 5,000,000.00 4,602,700.00 4,989,656.80 341271AD6 Florida State Board of Admin Finance Corp 1.258 Moodys-Aa3 S&P-AA+2/25/2021 7/1/2025 0.729 8,000,000.00 7,459,920.00 8,145,471.26 373385FQ1 State of Georgia 0.52 8/1/2025-20 Moodys-Aaa S&P-AAA 8/27/2020 8/1/2025 0.520 5,000,000.00 4,570,400.00 5,000,000.00 574193TR9 State of Maryland 0.66 8/1/2025 Moodys-Aaa S&P-AAA 8/5/2020 8/1/2025 0.643 10,000,000.00 9,222,900.00 10,005,822.94 574193TR9 State of Maryland 0.66 8/1/2025 Moodys-Aaa S&P-AAA 11/20/2020 8/1/2025 0.549 5,000,000.00 4,611,450.00 5,019,112.36 882724RA7 State of Texas 5 10/1/2025 Moodys-Aaa S&P-AAA 11/2/2020 10/1/2025 0.560 3,750,000.00 3,934,012.50 4,323,998.02 Municipal Bonds CUSIP/Ticker Description Credit Rating 1 Credit Rating 2 Settlement Date Maturity Date YTM @ Cost Face Amount/Shares Market Value Book Value 13063DYW2 State of California 3 11/1/2025 Moodys-Aa2 S&P-AA-11/3/2020 11/1/2025 0.700 5,000,000.00 4,923,250.00 5,394,853.73 56781RJK4 Marin CA Community College 3.245 8/1/2026 Moodys-Aaa S&P-AAA 8/16/2021 8/1/2026 0.873 1,545,000.00 1,523,076.45 1,706,040.93 797272QR5 San Diego CA Community College 2.299 8/2/202 Moodys-Aaa S&P-AAA 8/16/2021 8/2/2026 0.874 1,735,000.00 1,651,147.45 1,843,718.09 649791PS3 State of New York 2.36 2/15/2027-19 Moodys-Aa1 S&P-AA+6/8/2022 2/15/2027 3.335 5,000,000.00 4,722,350.00 4,790,000.00 Municipal Bonds 1.183 163,970,000.00 158,925,300.25 166,303,788.82 3137EAET2 FHLMC 0.125 7/25/2022 Moodys-Aaa S&P-AA+7/23/2020 7/25/2022 0.238 10,000,000.00 9,990,220.00 9,994,365.65 3133ENXN5 FFCB 1.55 11/25/2022 Moodys-Aaa S&P-AA+5/25/2022 11/25/2022 1.564 10,000,000.00 9,973,150.00 9,999,300.00 3133EKD60 FFCB 1.56 2/21/2023 Moodys-Aaa S&P-AA+8/21/2019 2/21/2023 1.581 5,000,000.00 4,960,335.00 4,998,982.86 3133ENPH7 FFCB 1.19 2/22/2023 Moodys-Aaa S&P-AA+2/22/2022 2/22/2023 1.213 10,000,000.00 9,902,710.00 9,997,730.00 3137EAER6 FHLMC 0.375 5/5/2023 Moodys-Aaa S&P-AA+6/5/2020 5/5/2023 0.287 5,000,000.00 4,893,445.00 5,004,388.57 3133ELA87 FFCB 0.25 5/22/2023 Moodys-Aaa S&P-AA+6/5/2020 5/22/2023 0.295 5,000,000.00 4,884,275.00 4,997,756.33 3137EAES4 FHLMC 0.25 6/26/2023 Moodys-Aaa S&P-AA+6/27/2022 6/26/2023 2.860 6,496,000.00 6,322,595.78 6,330,481.92 3130ASD48 FHLB 2.37 7/5/2023-23 Moodys-Aaa S&P-AA+6/28/2022 7/5/2023 2.857 10,000,000.00 9,944,900.00 9,951,500.00 3135G05G4 FNMA 0.25 7/10/2023 Moodys-Aaa S&P-AA+11/24/2021 7/10/2023 0.493 5,000,000.00 4,859,990.00 4,981,846.42 3133EJUS6 FFCB 2.875 7/17/2023 Moodys-Aaa S&P-AA+7/17/2018 7/17/2023 2.865 5,000,000.00 4,997,965.00 5,000,690.00 3133837F2 FHLB 2.16 8/30/2023 Moodys-Aaa S&P-AA+3/14/2022 8/30/2023 1.600 15,000,000.00 14,849,415.00 15,103,073.67 3135G0U43 FNMA 2.875 9/12/2023 Moodys-Aaa S&P-AA+5/14/2019 9/12/2023 2.213 5,000,000.00 4,994,555.00 5,047,066.30 3134G42H0 FHLMC 2 10/17/2023 Moodys-Aaa S&P-AA+3/15/2022 10/17/2023 1.670 15,000,000.00 14,791,290.00 15,072,928.32 3133EJ5W5 FFCB 2.65 10/23/2023 Moodys-Aaa S&P-AA+1/23/2019 10/23/2023 2.672 5,000,000.00 4,980,160.00 4,998,490.53 3134GW6E1 FHLMC 0.32 11/2/2023-21 Moodys-Aaa S&P-AA+3/15/2022 11/2/2023 1.709 15,000,000.00 14,473,455.00 14,692,972.74 3133EMMF6 FFCB 0.2 1/4/2024 Moodys-Aaa S&P-AA+1/4/2021 1/4/2024 0.200 5,000,000.00 4,798,870.00 5,000,000.00 3134GW7A8 FHLMC 0.3 1/29/2024-21 Moodys-Aaa S&P-AA+10/30/2020 1/29/2024 0.300 10,000,000.00 9,580,360.00 10,000,000.00 3133ENXF2 FFCB 2.6 2/23/2024 Moodys-Aaa S&P-AA+5/23/2022 2/23/2024 2.620 5,000,000.00 4,964,790.00 4,998,405.00 3130A0XE5 FHLB 3.25 3/8/2024 Moodys-Aaa S&P-AA+3/8/2019 3/8/2024 2.612 5,000,000.00 5,018,100.00 5,059,464.00 3134GXMZ4 FHLMC 1.8 3/28/2024-22 Moodys-Aaa S&P-AA+3/28/2022 3/28/2024 1.820 15,000,000.00 14,686,500.00 14,994,000.00 3134GXDY7 FHLMC 0.36 5/24/2024-22 Moodys-Aaa S&P-AA+11/24/2020 5/24/2024 0.360 10,000,000.00 9,504,220.00 10,000,000.00 3133EKNX0 FFCB 2.16 6/3/2024 Moodys-Aaa S&P-AA+6/3/2019 6/3/2024 2.189 5,000,000.00 4,924,270.00 4,997,256.00 3130AGPY5 FHLB 1.875 7/3/2024 Moodys-Aaa S&P-AA+7/3/2019 7/3/2024 1.904 5,000,000.00 4,882,105.00 4,996,532.50 3134GV4S4 FHLMC 0.45 7/8/2024-22 Moodys-Aaa S&P-AA+7/8/2020 7/8/2024 0.450 10,000,000.00 9,445,200.00 10,000,000.00 3134GV5R5 FHLMC 0.57 7/15/2024-21 Moodys-Aaa S&P-AA+7/15/2020 7/15/2024 0.570 3,545,000.00 3,364,828.92 3,545,000.00 3133EKA63 FFCB 1.6 8/16/2024 Moodys-Aaa S&P-AA+8/16/2019 8/16/2024 1.600 5,000,000.00 4,854,580.00 5,000,000.00 31422BKC3 FAMC 1.65 8/20/2024 NR NR 8/20/2019 8/20/2024 1.650 5,000,000.00 4,851,905.00 5,000,000.00 3135G0X24 FNMA 1.625 1/7/2025 Moodys-Aaa S&P-AA+1/27/2020 1/7/2025 1.598 5,000,000.00 4,815,175.00 5,003,813.37 3135G0X24 FNMA 1.625 1/7/2025 Moodys-Aaa S&P-AA+12/21/2020 1/7/2025 0.297 5,000,000.00 4,815,175.00 5,197,789.84 3137EAEP0 FHLMC 1.5 2/12/2025 Moodys-Aaa S&P-AA+6/8/2021 2/12/2025 0.481 5,000,000.00 4,797,955.00 5,151,318.28 3134GVSY5 FHLMC 0.7 5/13/2025-21 Moodys-Aaa S&P-AA+5/18/2020 5/13/2025 0.700 10,000,000.00 9,266,680.00 10,000,000.00 880591EW8 TVA 0.75 5/15/2025 Moodys-Aaa S&P-AA+6/8/2020 5/15/2025 0.567 5,000,000.00 4,661,360.00 5,027,045.58 880591EW8 TVA 0.75 5/15/2025 Moodys-Aaa S&P-AA+7/27/2021 5/15/2025 0.494 5,000,000.00 4,661,360.00 5,037,855.26 3134GVB56 FHLMC 0.7 6/10/2025-21 Moodys-Aaa S&P-AA+6/10/2020 6/10/2025 0.700 7,500,000.00 6,935,917.50 7,500,000.00 3134GWAU0 FHLMC 0.5 7/23/2025-21 Moodys-Aaa S&P-AA+7/23/2020 7/23/2025 0.530 10,000,000.00 9,231,840.00 9,989,500.00 3134GW7B6 FHLMC 0.5 7/29/2025-21 Moodys-Aaa S&P-AA+10/30/2020 7/29/2025 0.500 10,000,000.00 9,231,090.00 10,000,000.00 3136G4H63 FNMA 0.55 8/19/2025-22 Moodys-Aaa S&P-AA+8/19/2020 8/19/2025 0.550 10,000,000.00 9,221,400.00 10,000,000.00 3135G05X7 FNMA 0.375 8/25/2025 Moodys-Aaa S&P-AAA 2/12/2021 8/25/2025 0.433 5,000,000.00 4,576,850.00 4,989,957.81 3134GXGW8 FHLMC 0.5 9/15/2025-21 Moodys-Aaa S&P-AA+12/15/2020 9/15/2025 0.500 5,000,000.00 4,596,520.00 5,000,000.00 31422B6K1 FAMC 0.48 1/15/2026 NR NR 1/15/2021 1/15/2026 0.496 10,000,000.00 9,100,350.00 9,993,680.00 3130AKNG7 FHLB 0.55 1/28/2026-21 Moodys-Aaa S&P-AA+1/28/2021 1/28/2026 0.591 7,750,000.00 7,034,248.75 7,737,600.00 3133EMPU0 FFCB 0.5 2/4/2026-21 Moodys-Aaa S&P-AA+2/4/2021 2/4/2026 0.530 10,000,000.00 9,084,740.00 9,988,000.00 3130AKXX9 FHLB 0.5 2/25/2026-22 Moodys-Aaa S&P-AA+2/25/2021 2/25/2026 0.500 5,000,000.00 4,534,550.00 5,000,000.00 3130AMBE1 FHLB 1.02 5/12/2026-21 Moodys-Aaa S&P-AA+5/12/2021 5/12/2026 1.020 10,000,000.00 9,263,860.00 10,000,000.00 3130AMEJ7 FHLB Step 5/26/2026-22 Moodys-Aaa S&P-AA+5/26/2021 5/26/2026 0.997 10,000,000.00 9,307,970.00 10,000,000.00 3130ANSA9 FHLB 0.875 8/26/2026-22 Moodys-Aaa S&P-AA+8/26/2021 8/26/2026 0.878 2,750,000.00 2,519,217.25 2,749,628.75 3130ANVG2 FHLB Step 8/28/2026-23 Moodys-Aaa S&P-AA+8/30/2021 8/28/2026 0.952 5,000,000.00 4,601,555.00 5,000,000.00 31422XNB4 FAMC 0.86 9/30/2026 NR NR 9/30/2021 9/30/2026 0.860 5,000,000.00 4,536,385.00 5,000,000.00 3130APDK8 FHLB 1.1 9/30/2026-22 Moodys-Aaa S&P-AA+10/14/2021 9/30/2026 1.121 5,000,000.00 4,602,035.00 4,995,464.73 3133ENNS5 FFCB 1.8 2/16/2027 Moodys-Aaa S&P-AA+2/16/2022 2/16/2027 1.807 10,000,000.00 9,392,190.00 9,996,700.00 US Agency 1.171 373,041,000.00 356,482,613.20 373,120,584.43 US Agency US Treasury CUSIP/Ticker Description Credit Rating 1 Credit Rating 2 Settlement Date Maturity Date YTM @ Cost Face Amount/Shares Market Value Book Value 912828XQ8 T-Note 2 7/31/2022 Moodys-Aaa S&P-AA+7/31/2017 7/31/2022 1.823 5,000,000.00 5,003,510.00 5,004,181.78 912828L24 T-Note 1.875 8/31/2022 Moodys-Aaa S&P-AA+10/10/2017 8/31/2022 1.935 5,000,000.00 5,001,975.00 4,998,551.23 9128282W9 T-Note 1.875 9/30/2022 Moodys-Aaa S&P-AA+10/6/2017 9/30/2022 1.930 5,000,000.00 5,000,405.00 4,998,687.83 912828M49 T-Note 1.875 10/31/2022 Moodys-Aaa S&P-AA+10/31/2017 10/31/2022 2.037 5,000,000.00 4,995,110.00 4,996,142.52 912828P79 T-Note 1.5 2/28/2023 Moodys-Aaa S&P-AA+4/21/2022 2/28/2023 1.739 10,000,000.00 9,919,140.00 9,979,687.50 91282CBU4 T-Note 0.125 3/31/2023 Moodys-Aaa S&P-AA+3/17/2022 3/31/2023 1.301 15,000,000.00 14,707,620.00 14,825,530.49 912828R28 T-Note 1.625 4/30/2023 Moodys-Aaa S&P-AA+3/17/2022 4/30/2023 1.360 15,000,000.00 14,844,720.00 15,039,221.88 912828R69 T-Note 1.625 5/31/2023 Moodys-Aaa S&P-AA+6/27/2018 5/31/2023 2.732 5,000,000.00 4,942,385.00 4,948,567.26 9128284S6 T-Note 2.75 5/31/2023 Moodys-Aaa S&P-AA+3/17/2022 5/31/2023 1.430 15,000,000.00 14,975,970.00 15,195,482.39 91282CCK5 T-Note 0.125 6/30/2023 Moodys-Aaa S&P-AA+3/17/2022 6/30/2023 1.502 15,000,000.00 14,586,330.00 14,795,794.15 912828Y61 T-Note 2.75 7/31/2023 Moodys-Aaa S&P-AA+3/17/2022 7/31/2023 1.550 15,000,000.00 14,962,500.00 15,243,900.00 9128284X5 T-Note 2.75 8/31/2023 Moodys-Aaa S&P-AA+5/21/2019 8/31/2023 2.192 5,000,000.00 4,984,960.00 5,039,789.77 91282CDA6 T-Note 0.25 9/30/2023 Moodys-Aaa S&P-AA+3/17/2022 9/30/2023 1.620 15,000,000.00 14,496,090.00 14,696,649.82 91282CDD0 T-Note 0.375 10/31/2023 Moodys-Aaa S&P-AA+11/2/2021 10/31/2023 0.501 10,000,000.00 9,658,590.00 9,981,146.98 91282CDM0 T-Note 0.5 11/30/2023 Moodys-Aaa S&P-AA+11/30/2021 11/30/2023 0.530 5,000,000.00 4,825,585.00 4,997,738.85 91282CDR9 T-Note 0.75 12/31/2023 Moodys-Aaa S&P-AA+3/17/2022 12/31/2023 1.761 15,000,000.00 14,498,430.00 14,776,622.48 9128285Z9 T-Note 2.5 1/31/2024 Moodys-Aaa S&P-AA+3/17/2022 1/31/2024 1.783 15,000,000.00 14,869,335.00 15,197,250.00 912828W48 T-Note 2.125 2/29/2024 Moodys-Aaa S&P-AA+3/17/2022 2/29/2024 1.803 15,000,000.00 14,806,635.00 15,092,250.00 9128286Z8 T-Note 1.75 6/30/2024 Moodys-Aaa S&P-AA+4/21/2022 6/30/2024 2.635 10,000,000.00 9,742,970.00 9,828,885.77 912828Y87 T-Note 1.75 7/31/2024 Moodys-Aaa S&P-AA+3/1/2021 7/31/2024 0.420 10,000,000.00 9,731,640.00 10,329,650.00 91282CCX7 T-Note 0.375 9/15/2024 Moodys-Aaa S&P-AA+4/21/2022 9/15/2024 2.704 10,000,000.00 9,419,140.00 9,462,500.00 9128283Z1 T-Note 2.75 2/28/2025 Moodys-Aaa S&P-AA+4/21/2022 2/28/2025 2.767 10,000,000.00 9,900,390.00 9,995,312.50 91282CCP4 T-Note 0.625 7/31/2026 Moodys-Aaa S&P-AA+3/22/2022 7/31/2026 2.353 10,000,000.00 9,026,950.00 9,287,500.00 91282CCP4 T-Note 0.625 7/31/2026 Moodys-Aaa S&P-AA+3/23/2022 7/31/2026 2.398 10,000,000.00 9,026,950.00 9,270,312.50 91282CCP4 T-Note 0.625 7/31/2026 Moodys-Aaa S&P-AA+4/21/2022 7/31/2026 2.885 10,000,000.00 9,026,950.00 9,096,484.38 91282CCZ2 T-Note 0.875 9/30/2026 Moodys-Aaa S&P-AA+9/30/2021 9/30/2026 0.921 5,000,000.00 4,573,045.00 4,989,976.81 US Treasury 1.753 265,000,000.00 257,527,325.00 262,067,816.89 Total / Average 1.382 982,355,000.00 944,315,089.98 982,175,882.11 Duration To Maturity 2.02 Market Value Source: US Bank Safekeeping* Duration To Maturity Source: Tracker FAMC Securities: US Government Agency/Not Rated Treasurer – Tax Collector Troy Kidd, Treasurer-Tax Collector Treasury Division 25 County Center Drive, Suite 125 T: 530.552.3730 Oroville, California 95965-3384 F: 530.538.6450 buttecounty.net/ttc July 29, 2022 Butte County Board of Supervisors Butte County Chief Administrative Officer Investment Pool Oversight Committee The attached statements showing investment transactions for the month ending June 30, 2022 are submitted in accordance with Government Code, and with Local Agency Investment Guidelines as provided by the California Debt and Investment Advisory Commission. The Investment Policy effective July 1, 2021 includes a provision for monthly reporting of investment transactions to the Board of Supervisors. In addition to the above, Investment Reports are submitted on a monthly basis. Quarterly Investment Reports are also made available on the Treasurer-Tax Collector website at http://www.buttecounty.net/ttc. If you have any questions regarding investment reporting, please feel free to contact me, or Kiley Patterson, at 530.552.3730. Yours truly, Troy Kidd Troy Kidd Butte County Treasurer-Tax Collector Monthly Investment Transaction Reporting Table of Contents Local Agency Investment Fund • Butte County Treasurer • Butte Community College District • Paradise Unified School District • Oroville Union School District • Chico Unified School District • Butte County Office of Education • Butte-Glenn Community College Stand-Alone Bond Acct CAMP US Bank Safekeeping Acct Name:BUTTE COUNTY TREASURER SUMMARY - USD Page 1 Acct Number:XXXXXXX638 For period 06/01/2022 - 06/30/2022 ACTIVITY - Settled/Cleared Cash Activity Transaction Type Amount Your Sales Representative is:SAFEKEEPING OPERATIONS Purchases 0.00 (800) 236-4221 Purchase Reversals 0.00 Sales 0.00 Statement Contents Sale Reversals 0.00 *Summary Withdrawals 0.00 *Activity - Settled/Cleared Cash Activity Receipts (21,118,940.92) *Activity - Projected Activity for Next Statement Period Deliveries 0.00 *Holdings Principal Reversals 0.00 *Cash Flow Projections Interest 366,404.38 Interest Reversals 0.00 Interest Adjustments 0.00 Maturities 6,250,000.00 Calls 0.00 Puts 0.00 Paydowns 0.00 Paydown Adjustments 0.00 Payups 0.00 Payup Adjustments 0.00 Cash Dividends 0.00 Balance Changes 0.00 Stock Dividends 0.00 Closeouts 0.00 Closeout Dividends 0.00 Net Activity (14,502,536.54) HOLDINGS - Custody Category Par/Shares Original Face Principal Cost Market Value Domestic Time Deposits 4,247,000.00000 4,247,000.00000 4,245,750.00 4,234,076.98 Treasury Obligations 265,000,000.00000 265,000,000.00000 261,944,326.96 257,527,325.00 US Government Agency Securities 373,041,000.00000 373,041,000.00000 373,384,899.42 356,482,613.20 Non US Government Agency Securities 80,000,000.00000 80,000,000.00000 79,932,160.00 75,495,015.00 Corporate Securities 96,097,000.00000 96,097,000.00000 96,673,430.36 91,650,759.55 Account Name:BUTTE COUNTY TREASURER SUMMARY - USD Page 2 Account Number:XXXXXXX638 For period 06/01/2022 - 06/30/2022 HOLDINGS - Custody Category Par/Shares Original Face Principal Cost Market Value Municipal Securities 163,970,000.00 163,970,000.00 167,721,304.95 158,925,300.25 Total Custody Holdings 982,355,000.00000 982,355,000.00 983,901,871.69 944,315,089.98 Acct Name:BUTTE COUNTY TREASURER ACTIVITY - USD Page 3 Acct Number:XXXXXXX638 Settled/Cleared Cash Activity For period 06/01/2022 - 06/30/2022 Date Activity Description Rate Par/Shares Security ID Amount Ticket Maturity Price/NAV 06/01/2022 Interest CALIFORNIA ST HLTH FAC FING 1.893 13032UUZ9 9,465.00 392207843 AUTH REV TXBL SR NO PLAC HOM 06/01/2022 06/01/2022 Maturity CALIFORNIA ST HLTH FAC FING 1.893 13032UUZ9 1,000,000.00 392207843 AUTH REV TXBL SR NO PLAC HOM 06/01/2022 06/01/2022 Interest FLORIDA ST BRD OF ED PUBLIC ED .390 34153QUC8 9,750.00 799014717 GO TXBL REF SER D 06/01/2024 06/01/2022 Interest FLORIDA ST BRD OF EDU PUBLIC .550 34153QUD6 13,750.00 799014800 TXLB-REF-SER D GO 06/01/2025 06/03/2022 Interest FEDERAL FARM CREDIT BANK 2.160 3133EKNX0 54,000.00 751003252 06/03/2024 06/03/2024 06/08/2022 Receipt NEW YORK ST GO TXBL REF 2.360 5,000,000.00000 649791PS3 (4,827,038.89) 751014045 SER B GROUP 2 02/15/2027 95.800000 06/10/2022 Interest FEDERAL HOME LOAN MTG CORP .700 3134GVB56 26,250.00 751005081 06/10/2020 06/10/2025 06/13/2022 Interest FLAGSTAR BANK 2.450 33847E2K2 3,070.89 392203630 FSB CERTIFICATE OF DEPOSIT 06/13/2022 06/13/2022 Maturity FLAGSTAR BANK 2.450 33847E2K2 250,000.00 392203630 FSB CERTIFICATE OF DEPOSIT 06/13/2022 06/13/2022 Interest INTERNATIONAL FINANCE CORP .670 45950VQW9 16,750.00 392220861 12/13/23 12/13/2023 06/15/2022 Interest FEDERAL HOME LOAN MTG CORP .500 3134GXGW8 12,500.00 392214208 09/15/2025 09/15/2025 06/17/2022 Interest INTER-AMERICAN DEV BK .800 45818WDH6 20,000.00 392220768 06/17/2026 06/27/2022 Interest KS STATEBANK 3.250 50116CCA5 690.07 392196210 CERTIFICATE OF DEPOSIT 07/27/2023 06/27/2022 Receipt FEDERAL HOME LOAN MTG CORP .250 6,496,000.00000 3137EAES4 (6,330,527.03) 751014347 06/26/2023 06/26/2023 97.452000 Acct Name:BUTTE COUNTY TREASURER ACTIVITY - USD Page 4 Acct Number:XXXXXXX638 Settled/Cleared Cash Activity For period 06/01/2022 - 06/30/2022 Date Activity Description Rate Par/Shares Security ID Amount Ticket Maturity Price/NAV 06/28/2022 Receipt FEDERAL HOME LOAN BANK 2.370 10,000,000.00000 3130ASD48 (9,961,375.00) 751014348 CONS BD 2.37%23 07/05/2023 99.515000 06/29/2022 Interest MERCANTIL BANK NA 2.650 58733AET2 3,303.42 392191564 CERTIFICATE OF DEPOSIT 12/29/2022 06/30/2022 Interest U S TREASURY NOTE 1.750 912828XW5 43,750.00 392187335 1.75 NOTE 22 06/30/2022 06/30/2022 Maturity U S TREASURY NOTE 1.750 912828XW5 5,000,000.00 392187335 1.75 NOTE 22 06/30/2022 06/30/2022 Interest UNITED STATES TREAS NTS .750 91282CDR9 56,250.00 392222450 .75 NOTES 2023 12/31/2023 06/30/2022 Interest U S TREASURY NOTE .125 91282CCK5 9,375.00 392222454 .125 NOTE 23 06/30/2023 06/30/2022 Interest U.S. Treasury Notes 1.750 9128286Z8 87,500.00 392223452 06/30/2024 Net Activity (14,502,536.54) Acct Name:BUTTE COUNTY TREASURER ACTIVITY - USD Page 5 Acct Number:XXXXXXX638 Projected Activity for Next Statement Period Date Activity Description Rate Par/Shares Security ID Amount Ticket Maturity Price/NAV 07/01/2022 Receipt U S TREASURY NOTE .125 10,000,000.00000 91282CCN9 (9,709,901.59) 392224261 .125 NOTE 23 07/31/2023 97.046875 07/01/2022 Receipt U.S. Treasury Notes 1.750 10,000,000.00000 912828Y87 (9,810,497.24) 392224262 912828Y87 07/31/2019 07/31/2024 97.375000 07/01/2022 Receipt FEDERAL NATL MORTGAGE ASSN .250 10,000,000.00000 3135G04Q3 (9,769,418.33) 751014399 05/22/2023 05/22/2023 97.667100 07/01/2022 Interest FLORIDA ST BRD ADMIN FIN REV 1.258 341271AD6 50,320.00 799016350 CORP TAXABLE SER A 07/01/2025 07/05/2022 Interest FEDERAL FARM CREDIT BANK .200 3133EMMF6 5,000.00 392214502 01/04/24 01/04/2024 07/05/2022 Interest FEDERAL HOME LOAN BANK 1.875 3130AGPY5 46,875.00 751003608 07/03/2024 07/03/2024 07/07/2022 Interest FEDERAL NATL MORTGAGE ASSN 1.625 3135G0X24 40,625.00 392214329 01/07/25 01/07/2025 07/07/2022 Interest FEDERAL NATL MORTGAGE ASSN 1.625 3135G0X24 40,625.00 799011979 01/07/25 01/07/2025 07/08/2022 Interest WALMART INC 2.850 931142EL3 28,500.00 392205203 07/08/2024 07/08/2022 Interest FEDERAL HOME LOAN MTG CORP .450 3134GV4S4 22,500.00 392212551 07/08/24 07/08/2024 07/11/2022 Interest MORGAN STANLEY BANK NA 2.650 61747MF63 3,285.27 392192312 CERTIFICATE OF DEPOSIT 01/11/2023 07/11/2022 Interest FEDERAL NATL MORTGAGE ASSN .250 3135G05G4 6,250.00 392220605 07/10/2023 07/10/2023 07/11/2022 Interest JOHN DEERE CAPITAL CORPORATION 2.050 24422EVC0 51,250.00 751007522 01/09/2025 07/12/2022 Interest BARCLAYS BANK/DELAWARE 2.200 06740KKD8 2,727.40 392187002 CERTIFICATE OF DEPOSIT 07/12/2022 Acct Name:BUTTE COUNTY TREASURER ACTIVITY - USD Page 6 Acct Number:XXXXXXX638 Projected Activity for Next Statement Period Date Activity Description Rate Par/Shares Security ID Amount Ticket Maturity Price/NAV 07/12/2022 Maturity BARCLAYS BANK/DELAWARE 2.200 06740KKD8 250,000.00 392187002 CERTIFICATE OF DEPOSIT 07/12/2022 07/13/2022 Interest APPLE INCORPORATED 2.750 037833DF4 68,750.00 392209348 01/13/2025 07/13/2022 Interest INTER-AMERICAN DEV BK 1.500 4581X0EB0 37,500.00 392221386 GLBL BD 1.5%27 01/13/2027 07/15/2022 Interest OAKLAND CA GO TXBL REF 1.630 672240WT1 39,853.50 392209934 01/15/2025 07/15/2022 Interest OAKLAND CA GO TXBL REF 1.580 672240WS3 38,038.50 392209935 01/15/2024 07/15/2022 Interest INTERNATIONAL FINANCE CORP .580 45950VPJ9 14,500.00 392214707 01/15/2026 07/15/2022 Interest NEW YORK LIFE GLOBAL FUNDING .850 64952WDW0 22,525.00 392218906 SER 144A 01/15/2026 07/15/2022 Interest FEDERAL HOME LOAN MTG CORP .570 3134GV5R5 10,103.25 751005522 07/15/2024 07/15/2024 07/15/2022 Interest FARMER MAC .480 31422B6K1 24,000.00 751008121 01/15/2026 01/15/2026 07/15/2022 Interest NEW YORK LIFE GLOBAL FUNDING .850 64952WDW0 21,250.00 751008259 SER 144A 01/15/2026 07/15/2022 Interest JOHN DEERE CAPITAL CORPORATION .700 24422EVK2 17,500.00 751008408 01/15/2026 07/18/2022 Interest INTER-AMERICAN DEVEL BK 2.500 4581X0DA3 62,500.00 392194713 01/18/23 01/18/2023 07/18/2022 Interest FEDERAL FARM CREDIT BANK 2.875 3133EJUS6 71,875.00 392196132 07/17/23 07/17/2023 07/18/2022 Interest MORGAN STANLEY PRIVATE BANK 3.150 61760AUJ6 3,905.14 392200096 CERTIFICATE OF DEPOSIT 01/17/2024 Acct Name:BUTTE COUNTY TREASURER ACTIVITY - USD Page 7 Acct Number:XXXXXXX638 Projected Activity for Next Statement Period Date Activity Description Rate Par/Shares Security ID Amount Ticket Maturity Price/NAV 07/25/2022 Interest FEDERAL HOME LOAN MTG CORP .500 3134GWAU0 25,000.00 799013887 07/23/2025 07/23/2025 07/25/2022 Interest FEDERAL HOME LOAN MTG CORP .125 3137EAET2 6,250.00 799013918 07/25/2022 07/25/2022 07/25/2022 Maturity FEDERAL HOME LOAN MTG CORP .125 3137EAET2 10,000,000.00 799013918 07/25/2022 07/25/2022 07/27/2022 Interest KS STATEBANK 3.250 50116CCA5 667.81 392196210 CERTIFICATE OF DEPOSIT 07/27/2023 07/28/2022 Interest FEDERAL HOME LOAN BANK .550 3130AKNG7 21,312.50 751008628 01/28/26 01/28/2026 Net Projected Activity (18,256,328.79)