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AgdaPkt 2025.08.25 Joint SA PFA
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AgdaPkt 2025.08.25 Joint SA PFA
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Last modified
8/26/2025 12:40:02 PM
Creation date
8/26/2025 12:35:53 PM
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CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Regular
Date
8/25/2025
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CITY OF REDWOOD CITY <br />For the Quarter Ended June 30, 2025 <br />Account Summary <br />Account Summary <br />Note: Individual security values are market values excluding accrued interest. County Pool and LAIF values are at cost. Individual Securities’ earnings rate is yield at cost on 6/30/25, <br />and earnings are accrual basis earnings for the quarter ended 6/30/25. San Mateo County Pool and LAIF balances and earnings are provided by the City. LAIF earnings rate is the <br />quarterly apportionment rate as stated on the LAIF website. County Pool earnings rate is the Pool net earnings rate as provided by County’s website. Average/Total earnings rate is the <br />weighted earnings rate based on account balance as of 6/30/25. <br />PFM Asset Management |pfmam.com <br />Security Type <br />Market Value as of <br />June 30, 2025 <br />% of <br />Portfolio <br />U.S. Treasury $138,736,733 32% <br />Federal Agency/CMBS $57,082,606 13% <br />Municipal Obligations $1,180,000 <1% <br />Corporate Notes $58,597,468 14% <br />Certificates of Deposit $2,027,792 <1% <br />Asset-Backed Securities $26,032,145 6% <br />Money Market Fund $116,381 <1% <br />Securities Total $283,773,124 66% <br />San Mateo County Pool $55,305,439 13% <br />Local Agency Investment Fund (LAIF)$61,676,648 14% <br />General Fund Reserve Account (LAIF)$26,612,606 6% <br />Total Investments $427,367,817 100% <br />Portfolio Earnings Earnings Rate Earnings <br />Individual Securities 4.05%$2,514,986 <br />San Mateo County Pool 4.05%$666,776 <br />Local Agency Investment Fund (LAIF)4.40%$598,330 <br />General Fund Reserve Account (LAIF)4.40%$295,569 <br />Average/Total 4.12%$4,075,661 <br />1 <br />7.A. - Page 7 of 63 <br />17
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