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AC 10-24-2022 Searchable PacketCITY OF CUPERTINO AUDIT COMMITTEE AGENDA This is a teleconference meeting without a physical location. Monday, October 24, 2022 4:00 PM Regular Meeting TELECONFERENCE / PUBLIC PARTICIPATION INFORMATION TO HELP STOP THE SPREAD OF COVID-19 In accordance with Government Code 54953(e), this will be a teleconference meeting without a physical location to help stop the spread of COVID-19. Members of the public wishing comment on an item on the agenda may do so in the following ways : 1) E-mail comments by 9:00 a.m. on Monday, October 24 to the Audit Committee at AuditCommittee@cupertino.org. These e-mail comments will be received by the Audit Committee members before the meeting and posted to the City’s website after the meeting. 2) E-mail comments during the times for public comment during the meeting to the Audit Committee at AuditCommittee@cupertino.org. The staff liaison will read the emails into the record, and display any attachments on the screen, for up to 3 minutes (subject to the Chair’s discretion to shorten time for public comments). Members of the public that wish to share a document must email AuditCommittee@cupertino.org prior to speaking. 3) Teleconferencing Instructions Members of the public may observe the teleconference meeting or provide oral public comments as follows: Oral public comments will be accepted during the teleconference meeting. Comments may be made during “oral communications” for matters not on the agenda, and during the public comment period for each agenda item . To address the Audit Committee, click on the link below to register in advance and access the meeting: Register in advance for this webinar: https://cityofcupertino.zoom.us/webinar/register/WN_pRi__-A9SzKlQ4bInC3Z9A Page 1 1 Audit Committee Agenda October 24, 2022 Phone Dial: 669-900-6833 and enter Webinar ID: 941 7128 7602 (Type *9 to raise hand to speak, *6 to unmute yourself). Unregistered participants will be called on by the last four digits of their phone number. Or an H.323/SIP room system: H.323: 162.255.37.11 (US West) Meeting ID: 941 7128 7602 SIP: 94171287602@zoomcrc.com After registering, you will receive a confirmation email containing information about joining the webinar. Please read the following instructions carefully: 1. You can directly download the teleconference software or connect to the meeting in your internet browser. If you are using your browser, make sure you are using a current and up-to-date browser: Chrome 30+, Firefox 27+, Microsoft Edge 12+, Safari 7+. Certain functionality may be disabled in older browsers, including Internet Explorer . 2. You will be asked to enter an email address and a name, followed by an email with instructions on how to connect to the meeting. Your email address will not be disclosed to the public. If you wish to make an oral public comment but do not wish to provide your name, you may enter “Cupertino Resident” or similar designation. 3. When the Chair calls for the item on which you wish to speak, click on “raise hand.” Speakers will be notified shortly before they are called to speak. 4. When called, please limit your remarks to the time allotted and the specific agenda topic . In compliance with the Americans with Disabilities Act (ADA), anyone who is planning to attend this teleconference meeting who is visually or hearing impaired or has any disability that needs special assistance should call the City Clerk's Office at 408-777-3223, at least 6 hours in advance of the meeting to arrange for assistance. In addition, upon request, in advance, by a person with a disability, meeting agendas and writings distributed for the meeting that are public records will be made available in the appropriate alternative format. ROLL CALL Page 2 2 Audit Committee Agenda October 24, 2022 ORDERS OF THE DAY APPROVAL OF MINUTES 1.Subject: Approve Minutes of Regular Meeting on September 26, 2022 Recommended Action: Approve Minutes of Regular Meeting on September 26, 2022 A - Draft Minutes POSTPONEMENTS ORAL COMMUNICATIONS This portion of the meeting is reserved for persons wishing to address the Committee on any matter within the jurisdiction of the Committee and not on the agenda. Speakers are limited to three (3) minutes. In most cases, State law will prohibit the Commission from making any decisions with respect to a matter not on the agenda. PUBLIC HEARINGS OLD BUSINESS NEW BUSINESS 2.Subject: INFORMATION ITEM Consider receiving OPEB and Pension Section 115 Trust Performance Report for Quarter Ending September 30, 2022 Recommended Action: Receive OPEB and Pension Section 115 Trust Performance Report for Quarter Ending September 30, 2022 Presenter: PARS and US Bank 4:15(25) A - OPEB & Pension Section 115 Trust Performance Report for Quarter Ending September 30, 2022 3.Subject: ACTION ITEM Consider the OPEB and Pension Trust Investment Policies Recommended Action: Review and accept the OPEB and Pension Trust Investment Policies Presenter: Thomas Leung, Senior Management Analyst 4:40(20) Staff Report A - OPEB Trust Investment Policy B - Pension Trust Investment Policy 4.Subject: ACTION ITEM Consider the Monthly Treasurer's Investment Report for September 2022 Page 3 3 Audit Committee Agenda October 24, 2022 Recommended Action: Review the Monthly Treasurer's Investment Report for September 2022 and recommend filing with City Council Presenter: Thomas Leung, Senior Management Analyst, and Chandler Asset Management 5:00(30) Staff Report A - Chandler Investment Report September 2022 B - Chandler Custodial Report September 2022 C - PARS Pension and OPEB Account Statement September 2022 D - LAIF Account Statement September 2022 5.Subject: ACTION ITEM Consider the Monthly Treasurer's Report for September 2022 Recommended Action: Review the Monthly Treasurer's Report for September 2022 and recommend filing with City Council Presenter: Thomas Leung, Senior Management Analyst 5:30(15) Staff Report A - Report of City-wide Receipts, Disbursements, and Cash Balances September 2022 B - Report of City-wide Fund Balances September 2022 C – Weekly Payment Register for Period Ending September 6, 2022 D – Weekly Payment Register for Period Ending September 12, 2022 E – Weekly Payment Register for Period Ending September 19, 2022 F – Weekly Payment Register for Period Ending September 26, 2022 G – Weekly Payment Register for Period Ending October 3, 2022 6.Subject: INFORMATION ITEM Consider the Audit Committee 2022 Schedule and Work Plan Recommended Action: Receive Audit Committee 2022 Schedule and Work Plan and provide direction to staff Presenter: Thomas Leung, Senior Management Analyst 5:45(5) A - Proposed Audit Committee 2022 Schedule and Work Plan - 10.24.22 STAFF AND COMMITTEE REPORTS FUTURE AGENDA SETTING ADJOURNMENT In compliance with the Americans with Disabilities Act (ADA), anyone who is planning to attend this meeting who is visually or hearing impaired or has any disability that needs special assistance should call the City Clerk's Office at 408-777-3223, at least 48 hours in advance of the meeting to arrange for assistance. In addition, upon request, in advance, by a person with a disability, meeting agendas and writings distributed for the meeting that are public records will be made available in the appropriate Page 4 4 Audit Committee Agenda October 24, 2022 alternative format. Any writings or documents provided to a majority of the members after publication of the agenda will be made available for public inspection. Please contact the City Clerk’s Office in City Hall located at 10300 Torre Avenue, Cupertino, California 95014, during normal business hours. IMPORTANT NOTICE: Please be advised that pursuant to Cupertino Municipal Code section 2.08.100 written communications sent to the Cupertino City Council, Commissioners or City staff concerning a matter on the agenda are included as supplemental material to the agendized item. These written communications are accessible to the public through the City’s website and kept in packet archives. Do not include any personal or private information in written communications to the City that you do not wish to make public, as written communications are considered public records and will be made publicly available on the City website. Members of the public are entitled to address the members concerning any item that is described in the notice or agenda for this meeting, before or during consideration of that item. If you wish to address the members on any other item not on the agenda, you may do so during the public comment . Page 5 5 CITY OF CUPERTINO Agenda Item 22-11631 Agenda Date: 10/24/2022 Agenda #: 1. Subject: Approve Minutes of Regular Meeting on September 26, 2022 Approve Minutes of Regular Meeting on September 26, 2022 CITY OF CUPERTINO Printed on 10/21/2022Page 1 of 1 powered by Legistar™6 Page 1 City of Cupertino Audit Committee Regular Meeting Minutes September 26, 2022 CALL TO ORDER At 4:00 p.m., Chair Moore called the regular meeting to order. This was a teleconference meeting with no physical location. ROLL CALL Committee Members Present: Chair Kitty Moore, Mayor Darcy Paul, Committeemember Laura Hammer, Committeemember Sophie Song City Staff Present: Kristina Alfaro, Thomas Leung, Beth Viajar, Lizz Cook, Pamela Wu Absent: Vice Chair Angela Chen Guests: Carlos Oblites (Chandler), Kathy Lai (Crowe), Matt Geerdes (Crowe) ORDERS OF THE DAY 1. APPROVAL OF MINUTES OF AUGUST 22, 2022 Committeemember Hammer motioned, and Mayor Paul seconded. The motion carried unanimously by all members present. ORAL COMMUNICATIONS NEW BUSINESS 2. Consider an update on the FY 2021-22 Audit and AUP Engagements Lai provided an update. Committeemember Hammer asked about the materiality of the one major program. Geerdes noted that there were certain numbers when it came to materiality that auditors could not communicate. He added that in determining whether a program is required to be audited, the type A threshold is $750k. Committeemember Hammer asked if the Coronavirus Local Fiscal Recovery Fund program was a reimbursable grant. Lai noted that the Coronavirus Local Fiscal Recovery Fund was a new federal program and was part of the American Rescue Plan Act. Lai added that the funds were advanced and received in tranches. Alfaro noted that we received the first tranche at end of 2021 and the second tranche early in Fiscal Year 2023. Committeemember Hammer asked if Crowe would come back in January with the update or the final audit results. Geerdes noted it was typically an update. Chair Moore asked what the leases were. Geerdes noted that they looked at it from both the lessor and lessee perspective, as the City does lease equipment and the City leases its property to third parties. Chair Moore asked in the past if we were leasing out our coffee shop, would it be included? Geerdes noted that it would not because it would not have met the definition of a lease by the old GASB definition. 7 Page 2 Mayor Paul asked if there was a guide for the types of questions that would be asked under the categories. Lai noted that they just mentioned high-level broad topics relative to the auditing standards. Mayor Paul asked if there were any resources or references that Crowe recommended to look into the subject matter. Lai noted that there were audit committee training and auditing standards sources. Chair Moore noted that the conversation was too high level for the public and would like to make it more accessible. 3. Consider the Monthly Treasurer's Investment Report for August 2022 Leung provided an overview of the report. Oblites provided an update on the portfolio. No public comment. Oblites noted this report was more abbreviated and was focused on helping the committee understand what was driving the economy. Mayor Paul asked if we should look at any investment types that were different from our current portfolio. Oblites noted that they were comfortable with the current portfolio. They had worked with staff to expand the policies to take every advantage available. Mayor Paul motioned, and Committeemember Hammer seconded. The motion carried unanimously by all members present. 4. Consider the Monthly Treasurer's Report for August 2022 Leung provided an overview of the report. No public comment. Chair Moore asked about the payments for classes and how she would determine if it would cause a revenue or deficit. Alfaro noted that the revenues were in ActiveNet and imported as a journal in summary into the financial system. Alfaro added that Parks and Recreation might not track the expenditures for each class, ex: staff time. Most financial systems do not track to the class level. Chair Moore noted that Math Olympiad contracts came to Council, but contracts for other classes did not come to Council. She asked if some classes were hitting certain thresholds. Alfaro deferred to the City Manager. Chair Moore would like to understand why contracts for some classes came to Council, and some did not. City Manager Wu noted that staff would provide a follow-up. Mayor Paul asked about the payment to the County of Santa Clara. Alfaro noted that they were additional police services provided outside of their contract. The city acts as a pass-through in coordinating with the organization and the Sheriff’s Office, and the City receives a 15% administrative fee. Mayor Paul asked about the Torre Avenue Library Book Drop off. Alfaro noted that staff would check which program it was budgeted in. Mayor Paul asked what fund this came out of, what empowered the library book drop off, if it was a carryover, and what expenditures were for the Civic Center Parking project. Leung noted that the invoice was related to parking, and staff would follow up on the other questions. Chair Moore asked about the $21 million in the Park Dedication Fund and if that could be spent on parks. Leung confirmed and noted that staff would check to see if any of it had been appropriated. Alfaro said that although we have received the money, we need to receive approval from City Council to move forward with any projects. Chair Moore asked how the development impact fees were tracked. Alfaro noted that staff worked closely with the Community 8 Page 3 Development Department (CDD) to find out when these fees come in, ensure they went into the appropriate accounts, and track and leave notes about what these projects are restricted for. Alfaro noted that it was tracked in Accela. Chair Moore asked if she could see an example. Alfaro recommended that CDD bring it as an item of interest to Council and committee members as it did not tie into Audit but could fall under Budget Review. Mayor Paul asked how the Civic Center Parking Analysis project changed to a book drop-off and how one could justify a project they had not heard about. Alfaro noted that there would be a supplemental report to Council addressing the questions asked. Committeemember Hammer motioned, and Mayor Paul seconded. The motion carried unanimously by all members present. 5. Consider an overview of the Unassigned Fund Balance and Use of One Time Funds Policy (Continued from August 22, 2022) Alfaro provided an overview of the policy. Chair Moore asked about other cities’ funding levels. Leung noted that the comparison included a reserve if a City had funds, even if it did not have a policy. Chair Moore asked staff to see if other cities had something similar to the City of Cupertino’s PERS. Leung noted that staff would follow up to see how other cities prioritized their reserves and could provide an updated analysis of what Cupertino had in PERS compared to other cities. Chair Moore noted that Mountain View had many reserves Cupertino did not have and should there be a discussion into creating those reserves. Mayor Paul requested to see how we were doing compared to other cities in our projected capitalization rates and to consider a strategic property acquisition fund. Alfaro noted that to access funds for strategic property acquisition, Council authority would be needed. 6. Consider an overview of data sources for the City's interactive financial transparency portal OpenGov (Continued from August 22, 2022) Leung provided an overview of OpenGov. Chair Moore asked about the timeline for moving forward with a new software system that would integrate with the ERP system. Alfaro noted that we were waiting for our new Finance Manager to move forward. Alfaro added that our current system did integrate with OpenGov. The new ERP would be a new financial system as Tyler bought New World and could eventually stop servicing New World. Leung added that moving to a new ERP system would not change what OpenGov would look like. It would just change the data source. 7. Consider the Audit Committee 2022 Schedule and Work Plan Cook recommended that the budget format review study session be moved to a special meeting in January in the interest of time. Chair Moore asked if she wanted to see Measure B funds broken out, would it throw a wrench in things. Alfaro noted that if the budget subcommittee provided examples of how they want it formatted, staff could work on it. OLD BUSINESS STAFF AND COMMITTEE REPORTS 9 Page 4 FUTURE AGENDA SETTING ADJOURNMENT The meeting adjourned at 6:09 p.m. Recording Secretary: Janet Liang, Administrative Assistant 10 CITY OF CUPERTINO Agenda Item 22-11632 Agenda Date: 10/24/2022 Agenda #: 2. INFORMATION ITEM Subject:Consider receiving OPEB and Pension Section 115 Trust Performance Report for Quarter Ending September 30, 2022 Receive OPEB and Pension Section 115 Trust Performance Report for Quarter Ending September 30, 2022 Presenter: PARS and US Bank 4:15(25) CITY OF CUPERTINO Printed on 10/21/2022Page 1 of 1 powered by Legistar™11 City of Cupertino PARS 115 Trust –OPEB Prefunding Program & Pension Rate Stabilization Program Plan Client Review October 24, 2022 12 City of Cupertino ▎2 Contacts Angela Tang, CEBS Senior Coordinator, Client Services (800) 540-6369 x159 atang@pars.org Ryan Maxey Vice President, Sr. Relationship Manager (503) 464-3789 ryan.maxey@usbank.com Mitch Barker Executive Vice President (949) 310-4876 mbarker@pars.org Rick Rosenthal Vice President , Senior Portfolio Manager (213) 359-7954 richard.rosenthal@usbank.com 13 City of Cupertino ▎3 Pars Trust Team Trust Administrator & Consultant •Serves as record-keeper, consultant, and central-point of contact •Record-keeping/account valuations •Monitors contributions •Processes disbursements •Handles all agency/participant inquiries •Ongoing plan compliance Corporate Experience Dollars under Administration 38 years (1984-2022) Over $6.1 billion Investment Manager & Trustee •Safeguard and Oversight of Plan Assets •Investment Fiduciary •Manage Program Portfolios •Investment Policy Assistance •Open Architecture with Active and Index Investments Corporate Experience Dollars under Trust Custody 159 years (1863–2022) Over $9.0 trillion 14 City of Cupertino ▎4 Subaccounts OPEB and pension assets are individually sub-accounted, and can be divided by dept., bargaining group, or cost center. Assets in the PARS Section 115 Combination Trust can be used to address unfunded liabilities. Financial Stability Allows separate investment strategies for OPEB and pension subaccounts. Flexible Investing OPEB and pension assets aggregate and reach lower fees on tiered schedule sooner – saving money! Economies-of-ScaleAnytime Access Trust funds are available anytime; OPEB for OPEB and pension for pension. No set-up costs, no minimum annual contribution amounts, and no fees until assets are added. No Set Up Cost or Minimums Retiree Medical Benefits Prefund OPEB GASB 75 OPEB $29.8M Reimburse agency; or Pay benefits provider Pension Rate Stabilization Program Prefund Pension (PRSP)GASB 68 Pension $16.4M Reimburse agency; or Pay retirement system Assets can be used to:Assets can be used to: prefund either or both General Fund PARS IRS -Approved Section 115 Trust 15 City of Cupertino ▎5 Plan Type:IRC Section 115 Irrevocable Exclusive Benefit Trust Trustee Approach:Discretionary Plan Effective Date:February 17, 2010 Plan Administrator:Director of Administrative Services Current Investment Strategy:U.S. Bank Balanced Multi-Manager (Active) Strategy; Individual Account Summary of Agency’s opeb Plan AS OF SEPTEMBER 30, 2022: Initial Contribution:June 2010: $7,000,000 Additional Contributions:$12,300,000 Total Contributions:$19,300,000 Disbursements:$0 Total Investment Earnings:$11,591,726 Account Balance:$29,792,835 16 City of Cupertino ▎6 Summary of Agency’s opeb Plan *Plan Year Ending June 2010 is based on 1 month of activity. **Plan Year Ending June 2023 is based on 3 months of activity. HISTORY OF CONTRIBUTIONS, DISBURSEMENTS, AND TOTAL ASSETS AS OF SEPTEMBER 30, 2022: $0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 $40,000,000 Plan Year Ending Contributions Disbursements Total Assets Year Contributions Disbursements Total Assets Jun-10*$7,000,000 $0 $6,985,379 Jun-11 $2,000,000 $0 $9,742,816 Jun-12 $900,000 $0 $10,810,484 Jun-13 $1,400,000 $0 $13,358,376 Jun-14 $0 $0 $15,054,002 Jun-15 $8,000,000 $0 $23,113,331 Jun-16 $0 $0 $22,834,090 Jun-17 $0 $0 $25,745,075 Jun-18 $0 $0 $28,056,145 Jun-19 $0 $0 $29,218,234 Jun-20 $0 $0 $29,370,249 Jun-21 $0 $0 $38,025,046 Jun-22 $0 $0 $31,339,861 Jun-23**$0 $0 $29,792,835 17 City of Cupertino ▎7 Plan Type:IRC Section 115 Irrevocable Exclusive Benefit Trust Trustee Approach:Discretionary Plan Effective Date:May 15, 2018 Plan Administrator:Director of Administrative Services Current Investment Strategy:U.S. Bank Balanced Multi-Manager (Active) Strategy; Individual Account Summary of Agency’s Pension Plan AS OF SEPTEMBER 30, 2022: Initial Contribution:March 2019: $8,000,000 Additional Contributions:$8,000,000 Total Contributions:$16,000,000 Disbursements:$0 Total Investment Earnings:$555,977 Account Balance:$16,385,602 18 City of Cupertino ▎8 Summary of Agency’s pension Plan *Plan Year Ending June 2019 is based on 4 months of activity. **Plan Year Ending June 2023 is based on 3 months of activity. HISTORY OF CONTRIBUTIONS, DISBURSEMENTS, AND TOTAL ASSETS AS OF SEPTEMBER 30, 2022: $0 $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 $16,000,000 $18,000,000 $20,000,000 Jun-19 Jun-20 Jun-21 Jun-22 Jun-23 Plan Year Ending Contributions Disbursements Total Assets Year Contributions Disbursements Total Assets Jun-19*$8,000,000 $0 $8,119,289 Jun-20 $4,000,000 $0 $12,725,224 Jun-21 $2,000,000 $0 $18,491,004 Jun-22 $2,000,000 $0 $17,240,051 Jun-23**$0 $0 $16,385,602 19 City of Cupertino ▎9 Miscellaneous Group Valuation as of June 30, 2020 Valuation as of June 30, 2021 Change Actuarial Liability $157.6 M $168.4 M 6.9% ↑ Assets $103.8 M $127.1 M 22.5% ↑ Unfunded Liability $53.8 M $41.3 M 23.3% ↓ Funded Ratio 65.9%75.5%14.6% ↑ Employer Contribution Amount $6.2 M (FY 21-22) $6.9 M (FY 22-23)11.5% ↑ Employer Contribution Amount –Projected*---$6.0 M (FY 28-29)12.2% ↓ Pension Funding Status As of June 30, 2021, City of Cupertino’s CalPERS pension plan is funded as follows*: * Data through 2028-29 from Agency’s latest CalPERS actuarial valuation. 20 U.S. Bank ConfidentialU.S. Bank Confidential Investment and insurance products and services including annuities are: NOT A DEPOSIT ●NOT FDIC INSURED ●MAY LOSE VALUE ●NOT BANK GUARANTEED ●NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY PARS/CITY OF CUPERTINO 115P OPEB & PENSION ACCOUNTS U.S. Bank Institutional Asset Management September 30, 2022 Page 1 of 3621 U.S. Bank Confidential Table of Contents Section 1 – PORTFOLIO REVIEW PARS/CITY OF CUPERTINO 115P - OPEB (X9600) •History of Asset Growth •Account Performance •Asset Allocation •Holdings PARS/CITY OF CUPERTINO 115P – PENSION (X9601) •History of Asset Growth •Account Performance •Asset Allocation •Holdings Section 2 – ECONOMIC OUTLOOK Section 3 – DISCLOSURES, DEFINITIONS, DESCRIPTIONS Page 3 of 3622 U.S. Bank Confidential PORTFOLIO REVIEW Page 4 of 3623 PARS/CITY OF CUPERTINO OPEB AGG ACCOUNT XXXXX9600 Period Ending: 09/30/2022 History of Asset Growth Graphs Ending Market Values Over Time Annual Portfolio Values Allocation Over Time Jan 2017- Jan 2018- Jan 2019- Jan 2020- Jan 2021- Jan 2022- Consolidated Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Sep 2022 Beginning Portfolio Value 23,808,269 23,808,269 27,914,893 25,771,054 31,154,264 35,029,500 38,702,738 Contributions 28,325,739 2 15 28,325,715 2 1 3 Withdrawals -28,983,953 -106,702 -113,476 -28,432,997 -110,991 -128,524 -91,264 Income Earned 3,113,145 452,364 548,841 695,433 482,644 640,255 293,609 Gain/Loss 3,538,567 3,760,960 -2,579,219 4,795,058 3,503,582 3,161,506 -9,103,319 Ending Portfolio Value 29,801,767 27,914,893 25,771,054 31,154,264 35,029,500 38,702,738 29,801,767 Total Return 4.31 17.73 -7.30 20.89 12.85 10.86 -22.79 Principal 2.47 15.74 -9.15 18.08 11.09 9.00 -23.47 Income 1.79 1.74 1.99 2.42 1.59 1.72 .86 2017 2018 2019 2020 2021 2022 0 20 40 60 80 100 Total Equity Total Fixed Income Total Real Assets Total Cash Eqv % 2017 2018 2019 2020 2021 2022 24M 26M 28M 30M 32M 34M 36M 38M 40M 42M $ Page 5 of 3624 U.S. Bank Confidential Custom Benchmark Asset Class Benchmark Range Target Actual Equities MSCI AC World Free Index 50%‐70% 63% 65.7% Fixed Income BBARC Global Aggregate Index 20%‐40% 29% 28.2% Real Estate S&P Global REIT TR USD 0%‐15% 5% 5.1% Commodities S&P GSCI Commodity Index 0%‐10% 2% 0% Cash FTSE 3‐Mo US T‐Bill Index 0%‐10% 1% 1% CITY OF CUPERTINO Page 6 of 3625 PARS/CITY OF CUPERTINO OPEB AGG Period Ending: 09/30/2022 Selected Period Performance Year Inception to Date to Date Market Value 3 Months (9 Months) 1 Year 3 Years 5 Years 101 Months 07/01/2010 Total Portfolio Gross of Fees 29,801,767 -4.85 -22.79 -20.37 .87 2.42 3.76 5.22 Total Portfolio Net of Fees 29,801,767 -4.89 -22.90 -20.52 .69 2.22 3.55 City of Cupertino -6.94 -22.83 -19.18 1.29 2.95 3.48 5.89 Total Equity 18,705,130 -5.49 -27.01 -24.34 4.62 4.80 6.55 9.72 MSCI ACWI (Net)-6.82 -25.63 -20.66 3.75 4.44 5.48 8.20 U.S. Equity 13,954,491 -3.46 -25.72 -21.11 5.28 6.23 8.18 S&P 500 Index (Total Return)-4.88 -23.87 -15.47 8.16 9.24 10.03 12.92 S&P MidCap 400 Index -2.46 -21.52 -15.25 6.01 5.82 7.62 11.36 S&P SmallCap 600 Index -5.20 -23.16 -18.83 5.48 4.84 7.52 11.59 Developed Markets Equity 2,982,512 -10.27 -29.82 -31.97 5.84 3.56 3.76 MSCI EAFE Index (Net)-9.36 -27.09 -25.13 -1.83 -.84 .84 4.54 Emerging Markets Equity 1,768,127 -11.30 -31.68 -34.45 -3.88 -3.90 -1.10 MSCI Emerging Markets Index (Net)-11.57 -27.16 -28.11 -2.07 -1.81 .92 2.06 Total Fixed Income 9,615,289 -2.79 -12.45 -12.34 -4.61 -1.48 -.18 1.18 BBARC Global Aggregate Index -6.94 -19.89 -20.43 -5.74 -2.32 -1.15 .54 BBARC US Aggregate Bond Index -4.75 -14.61 -14.60 -3.26 -.27 .96 1.77 Total Real Assets 1,183,510 -9.99 -28.26 -17.87 -2.36 1.88 Real Estate 1,183,510 -9.99 -28.26 -17.87 -2.36 2.29 4.73 S&P Global REIT Index (Gross)-10.89 -28.71 -19.75 -4.27 1.22 3.43 7.38 S&P GSCI Index -10.31 21.80 23.64 12.19 7.75 -4.57 -1.42 Total Cash Equivalents 297,839 .47 .62 .62 .46 .96 .67 .47 ICE BofAML US 3-Month Treasury Bill Index .46 .61 .62 .59 1.15 .80 .58 Pending Cash 0 .00 .00 .00 .00 .00 .00 .00 ACCOUNT XXXXX9600 Page 7 of 3626 PARS/CITY OF CUPERTINO 115P - OPEB Portfolio Holdings Account: XXXXXX9600 Holdings Method: Direct Report Date: 09/30/2022 © 2019 FactSet Research Systems Inc. All rights reserved. Past Performance is no guarantee of future results. Not A Deposit | Not FDIC Insured | May Lose Value | Not Bank Guaranteed | Not Insured By Any Federal Government Agency Material is based on data from sources deemed to be reliable, accuracy/completeness is not guaranteed. Holdings Date: 9/30/2022 Symbol % of Port.Price Shares/ Units Portfolio Value Cost Basis Unrealized Gain/Loss Current Yield Projected Annual Income Total 100.0 29,773,926 29,560,525 213,401 2.01 599,666 Cash 1.00 297,199 297,199 .00 2.73 8,122 Cash Equivalents 1.00 297,199 297,199 .00 2.73 8,122 FIRST AM GOVT OB FD CL Z 31846V567 1.00 1.00 297,199 297,199 297,199 .00 2.73 8,122 Fixed Income 32.20 9,588,088 8,501,484 1,086,604 3.26 312,670 Investment Grade 27.21 8,102,343 6,764,485 1,337,859 2.68 217,020 Mutual Funds & ETFs 27.21 8,102,343 6,764,485 1,337,859 2.68 217,020 DoubleLine Total Return Bond Fund Class I DBLTX 9.03 8.87 303,272 2,690,024 2,338,633 351,391 3.69 99,170 Fidelity U.S. Bond Index Fund FXNAX 9.07 10.08 267,918 2,700,616 1,638,601 1,062,016 2.28 61,621 TIAA-CREF Short-Term Bond Fd Institutio…TISIX 9.11 9.79 276,987 2,711,703 2,787,251 -75,548 2.07 56,228 High Yield 4.99 1,485,744 1,736,999 -251,255 6.44 95,650 Mutual Funds & ETFs 4.99 1,485,744 1,736,999 -251,255 6.44 95,650 Artisan High Income Fund - Institutional Sh…APHFX 4.99 8.45 175,828 1,485,744 1,736,999 -251,255 6.44 95,650 Equity 62.82 18,705,130 19,134,225 -429,095 1.26 235,370 Large Cap U.S. Equity 29.90 8,902,283 10,534,506 -1,632,223 0.56 49,880 Mutual Funds & ETFs 29.90 8,902,283 10,534,506 -1,632,223 0.56 49,880 Harbor Capital Appreciation Fund - Retire…HNACX 14.90 63.82 69,501 4,435,579 5,039,805 -604,226 0.00 0 John Hancock Fds III Disciplined Value Fu…JVLIX 15.00 19.88 224,683 4,466,704 5,494,701 -1,027,997 1.12 49,880 Mid Cap U.S. Equity 11.96 3,562,401 1,466,435 2,095,966 1.52 54,236 Mutual Funds & ETFs 11.96 3,562,401 1,466,435 2,095,966 1.52 54,236 Fidelity Mid Cap Index Fund FSMDX 11.96 24.04 148,186 3,562,401 1,466,435 2,095,966 1.52 54,236 Small Cap U.S. Equity 5.00 1,489,807 1,555,728 -65,921 0.35 5,161 Mutual Funds & ETFs 5.00 1,489,807 1,555,728 -65,921 0.35 5,161 Boston Trust Walden Small Cap Fund BOSOX 5.00 14.69 101,416 1,489,807 1,555,728 -65,921 0.35 5,161 Developed Markets Equity 10.02 2,982,512 3,932,032 -949,520 4.23 126,093 Mutual Funds & ETFs 10.02 2,982,512 3,932,032 -949,520 4.23 126,093 Fidelity International Index Fund FSPSX 10.02 35.74 83,450 2,982,512 3,932,032 -949,520 4.23 126,093 Emerging Markets Equity 5.94 1,768,127 1,645,524 122,602 0.00 0 Mutual Funds & ETFs 5.94 1,768,127 1,645,524 122,602 0.00 0 Baron Emerging Markets Fd Inst Shs BEXIX 5.94 12.01 147,221 1,768,127 1,645,524 122,602 0.00 0 Page 8 of 36 27 PARS/CITY OF CUPERTINO 115P - OPEB Portfolio Holdings Account: XXXXXX9600 Holdings Method: Direct Report Date: 09/30/2022 © 2019 FactSet Research Systems Inc. All rights reserved. Past Performance is no guarantee of future results. Not A Deposit | Not FDIC Insured | May Lose Value | Not Bank Guaranteed | Not Insured By Any Federal Government Agency Material is based on data from sources deemed to be reliable, accuracy/completeness is not guaranteed. Holdings Date: 9/30/2022 Symbol % of Port.Price Shares/ Units Portfolio Value Cost Basis Unrealized Gain/Loss Current Yield Projected Annual Income Real Assets 3.97 1,183,510 1,627,618 -444,108 3.68 43,503 U.S. Listed Real Estate 3.97 1,183,510 1,627,618 -444,108 3.68 43,503 iShares Core U.S. REIT ETF USRT 3.97 47.50 24,916 1,183,510 1,627,618 -444,108 3.68 43,503 Page 9 of 36 28 PARS/CITY OF CUPERTINO 115P - OPEB Fixed Income Holdings Account: XXXXXX9600 Holdings Method: Direct Report Date: 09/30/2022 © 2019 FactSet Research Systems Inc. All rights reserved. Past Performance is no guarantee of future results. Not A Deposit | Not FDIC Insured | May Lose Value | Not Bank Guaranteed | Not Insured By Any Federal Government Agency Material is based on data from sources deemed to be reliable, accuracy/completeness is not guaranteed. Holdings Date: 9/30/2022 Symbol % of Fixed Income Portfolio Value Projected Annual Income Current Yield Yield to Maturity Effective Duration Effective Maturity Avg. Quality Total 100.00 9,588,088 312,670 3.26 4.38 4.08 4.62 BBB- Investment Grade 84.50 8,102,343 217,020 2.68 3.91 4.34 4.62 BBB+ Mutual Funds & ETFs 84.50 8,102,343 217,020 2.68 3.91 4.34 4.62 BBB+ DoubleLine Total Return Bond Fund Class I DBLTX 28.10 2,690,024 99,170 3.69 4.45 5.06 7.21 BB Fidelity U.S. Bond Index Fund FXNAX 28.20 2,700,616 61,621 2.28 NA 6.41 NA AA TIAA-CREF Short-Term Bond Fd Institutional Cl...TISIX 28.30 2,711,703 56,228 2.07 3.37 1.57 2.06 BBB High Yield 15.50 1,485,744 95,650 6.44 6.12 2.64 NA B Mutual Funds & ETFs 15.50 1,485,744 95,650 6.44 6.12 2.64 NA B Artisan High Income Fund - Institutional Shar...APHFX 15.50 1,485,744 95,650 6.44 6.12 2.64 NA B Page 10 of 36 29 PARS/CITY OF CUPERTINO 115P- PENSION Period Ending: 09/30/2022 History of Asset Growth Graphs Ending Market Values Over Time Annual Portfolio Values Allocation Over Time May 2019- Jan 2020- Jan 2021- Jan 2022- Consolidated Dec 2019 Dec 2020 Dec 2021 Sep 2022 Beginning Portfolio Value 8,073,518 8,073,518 8,657,991 15,177,347 18,820,778 Contributions 8,000,006 1 4,000,002 2,000,000 2,000,002 Withdrawals -169,055 -20,472 -43,099 -59,572 -45,912 Income Earned 800,678 155,938 193,205 301,788 149,747 Gain/Loss -314,633 449,006 2,369,247 1,401,215 -4,534,101 Ending Portfolio Value 16,390,515 8,657,991 15,177,347 18,820,778 16,390,515 Total Return 2.15 7.51 17.09 10.54 -22.72 Principal .38 5.52 15.31 8.69 -23.40 Income 1.76 1.91 1.55 1.70 .86 2019 2020 2021 2022 0 20 40 60 80 100 Total Equity Total Fixed Income Total Real Assets Total Cash Eqv % 2019 2020 2021 2022 8M 10M 12M 14M 16M 18M 20M $ ACCOUNT XXXXX9601 Page 11 of 3630 U.S. Bank Confidential Custom Benchmark Asset Class Benchmark Range Target Actual Equities MSCI AC World Free Index 50%‐70% 63% 65.7% Fixed Income BBARC Global Aggregate Index 20%‐40% 29% 28.2% Real Estate S&P Global REIT TR USD 0%‐15% 5% 5.1% Commodities S&P GSCI Commodity Index 0%‐10% 2% 0% Cash FTSE 3‐Mo US T‐Bill Index 0%‐10% 1% 1% CITY OF CUPERTINO Page 12 of 3631 PARS/CITY OF CUPERTINO 115P- PENSION Period Ending: 09/30/2022 Selected Period Performance Year Inception to Date to Date Market Value 3 Months (9 Months) 1 Year 3 Years 05/01/2019 Total Portfolio Gross of Fees 16,390,515 -4.86 -22.72 -20.30 2.05 2.15 Total Portfolio Net of Fees 16,390,515 -4.91 -22.82 -20.44 1.87 1.97 City of Cupertino -6.94 -22.83 -19.18 1.29 1.69 Total Equity 10,287,402 -5.48 -27.01 -24.34 4.66 3.81 MSCI ACWI (Net)-6.82 -25.63 -20.66 3.75 3.34 U.S. Equity 7,674,688 -3.45 -25.72 -21.10 5.28 4.66 S&P 500 Index (Total Return)-4.88 -23.87 -15.47 8.16 7.74 S&P MidCap 400 Index -2.46 -21.52 -15.25 6.01 4.94 S&P SmallCap 600 Index -5.20 -23.16 -18.83 5.48 4.14 Developed Markets Equity 1,640,321 -10.27 -29.82 -31.97 5.84 4.16 MSCI EAFE Index (Net)-9.36 -27.09 -25.13 -1.83 -1.68 Emerging Markets Equity 972,392 -11.30 -31.68 -34.45 -3.88 -4.48 MSCI Emerging Markets Index (Net)-11.57 -27.16 -28.11 -2.07 -3.47 Total Fixed Income 5,288,189 -2.80 -12.45 -12.34 -4.58 -2.89 BBARC Global Aggregate Index -6.94 -19.89 -20.43 -5.74 -3.87 BBARC US Aggregate Bond Index -4.75 -14.61 -14.60 -3.26 -1.36 Total Real Assets 650,893 -9.89 -28.17 -17.77 -2.29 .50 Real Estate 650,893 -9.89 -28.17 -17.77 -2.29 .50 S&P Global REIT Index (Gross)-10.89 -28.71 -19.75 -4.27 -1.55 S&P GSCI Index -10.31 21.80 23.64 12.19 7.91 Total Cash Equivalents 164,032 .39 .48 .48 .41 .62 ICE BofAML US 3-Month Treasury Bill Index .46 .61 .62 .59 .82 Pending Cash 0 .00 .00 .00 .00 .00 ACCOUNT XXXXX9601 Page 13 of 3632 PARS/CITY OF CUPERTINO 115P- PENSION Portfolio Holdings Account: XXXXXX9601 Holdings Method: Direct Report Date: 09/30/2022 © 2019 FactSet Research Systems Inc. All rights reserved. Past Performance is no guarantee of future results. Not A Deposit | Not FDIC Insured | May Lose Value | Not Bank Guaranteed | Not Insured By Any Federal Government Agency Material is based on data from sources deemed to be reliable, accuracy/completeness is not guaranteed. Holdings Date: 9/30/2022 Symbol % of Port.Price Shares/ Units Portfolio Value Cost Basis Unrealized Gain/Loss Current Yield Projected Annual Income Total 100.0 16,375,216 17,789,274 -1,414,059 2.01 329,810 Cash 1.00 163,655 163,655 .00 2.73 4,473 Cash Equivalents 1.00 163,655 163,655 .00 2.73 4,473 FIRST AM GOVT OB FD CL Z 31846V567 1.00 1.00 163,655 163,655 163,655 .00 2.73 4,473 Fixed Income 32.20 5,273,267 5,517,855 -244,588 3.26 171,962 Investment Grade 27.21 4,456,137 4,575,006 -118,868 2.68 119,357 Mutual Funds & ETFs 27.21 4,456,137 4,575,006 -118,868 2.68 119,357 DoubleLine Total Return Bond Fund Class I DBLTX 9.03 8.87 166,794 1,479,464 1,392,249 87,216 3.69 54,542 Fidelity U.S. Bond Index Fund FXNAX 9.07 10.08 147,350 1,485,290 1,651,874 -166,584 2.28 33,891 TIAA-CREF Short-Term Bond Fd Institutio…TISIX 9.11 9.79 152,337 1,491,383 1,530,883 -39,500 2.07 30,924 High Yield 4.99 817,129 942,849 -125,720 6.44 52,606 Mutual Funds & ETFs 4.99 817,129 942,849 -125,720 6.44 52,606 Artisan High Income Fund - Institutional Sh…APHFX 4.99 8.45 96,702 817,129 942,849 -125,720 6.44 52,606 Equity 62.82 10,287,402 11,234,683 -947,281 1.26 129,449 Large Cap U.S. Equity 29.90 4,896,076 5,874,894 -978,818 0.56 27,433 Mutual Funds & ETFs 29.90 4,896,076 5,874,894 -978,818 0.56 27,433 Harbor Capital Appreciation Fund - Retire…HNACX 14.90 63.82 38,224 2,439,479 2,904,173 -464,695 0.00 0 John Hancock Fds III Disciplined Value Fu…JVLIX 15.00 19.88 123,571 2,456,597 2,970,720 -514,123 1.12 27,433 Mid Cap U.S. Equity 11.96 1,959,249 1,305,598 653,651 1.52 29,829 Mutual Funds & ETFs 11.96 1,959,249 1,305,598 653,651 1.52 29,829 Fidelity Mid Cap Index Fund FSMDX 11.96 24.04 81,500 1,959,249 1,305,598 653,651 1.52 29,829 Small Cap U.S. Equity 5.00 819,364 855,569 -36,205 0.35 2,838 Mutual Funds & ETFs 5.00 819,364 855,569 -36,205 0.35 2,838 Boston Trust Walden Small Cap Fund BOSOX 5.00 14.69 55,777 819,364 855,569 -36,205 0.35 2,838 Developed Markets Equity 10.02 1,640,321 2,113,068 -472,746 4.23 69,349 Mutual Funds & ETFs 10.02 1,640,321 2,113,068 -472,746 4.23 69,349 Fidelity International Index Fund FSPSX 10.02 35.74 45,896 1,640,321 2,113,068 -472,746 4.23 69,349 Emerging Markets Equity 5.94 972,392 1,085,556 -113,163 0.00 0 Mutual Funds & ETFs 5.94 972,392 1,085,556 -113,163 0.00 0 Baron Emerging Markets Fd Inst Shs BEXIX 5.94 12.01 80,965 972,392 1,085,556 -113,163 0.00 0 Page 14 of 36 33 PARS/CITY OF CUPERTINO 115P- PENSION Portfolio Holdings Account: XXXXXX9601 Holdings Method: Direct Report Date: 09/30/2022 © 2019 FactSet Research Systems Inc. All rights reserved. Past Performance is no guarantee of future results. Not A Deposit | Not FDIC Insured | May Lose Value | Not Bank Guaranteed | Not Insured By Any Federal Government Agency Material is based on data from sources deemed to be reliable, accuracy/completeness is not guaranteed. Holdings Date: 9/30/2022 Symbol % of Port.Price Shares/ Units Portfolio Value Cost Basis Unrealized Gain/Loss Current Yield Projected Annual Income Real Assets 3.97 650,893 873,082 -222,189 3.68 23,925 U.S. Listed Real Estate 3.97 650,893 873,082 -222,189 3.68 23,925 iShares Core U.S. REIT ETF USRT 3.97 47.50 13,703 650,893 873,082 -222,189 3.68 23,925 Page 15 of 36 34 PARS/CITY OF CUPERTINO 115P- PENSION Fixed Income Holdings Account: XXXXXX9601 Holdings Method: Direct Report Date: 09/30/2022 © 2019 FactSet Research Systems Inc. All rights reserved. Past Performance is no guarantee of future results. Not A Deposit | Not FDIC Insured | May Lose Value | Not Bank Guaranteed | Not Insured By Any Federal Government Agency Material is based on data from sources deemed to be reliable, accuracy/completeness is not guaranteed. Holdings Date: 9/30/2022 Symbol % of Fixed Income Portfolio Value Projected Annual Income Current Yield Yield to Maturity Effective Duration Effective Maturity Avg. Quality Total 100.00 5,273,267 171,962 3.26 4.38 4.08 4.62 BBB- Investment Grade 84.50 4,456,137 119,357 2.68 3.91 4.34 4.62 BBB+ Mutual Funds & ETFs 84.50 4,456,137 119,357 2.68 3.91 4.34 4.62 BBB+ DoubleLine Total Return Bond Fund Class I DBLTX 28.10 1,479,464 54,542 3.69 4.45 5.06 7.21 BB Fidelity U.S. Bond Index Fund FXNAX 28.20 1,485,290 33,891 2.28 NA 6.41 NA AA TIAA-CREF Short-Term Bond Fd Institutional Cl...TISIX 28.30 1,491,383 30,924 2.07 3.37 1.57 2.06 BBB High Yield 15.50 817,129 52,606 6.44 6.12 2.64 NA B Mutual Funds & ETFs 15.50 817,129 52,606 6.44 6.12 2.64 NA B Artisan High Income Fund - Institutional Shar...APHFX 15.50 817,129 52,606 6.44 6.12 2.64 NA B Page 16 of 36 35 U.S. Bank Confidential ECONOMIC OUTLOOK Page 17 of 3636 [ 1 ] Important disclosures provided on page 4. Market analysis At a glance Equities bounced to start the fourth quarter, but higher interest rates and a strong jobs market tempered weekly gains. Inflation pressures remain a key factor in asset class trends. Term of week OPEC+ – The Organization of the Petroleum Exporting Countries (OPEC) is a group consisting of 14 of the world’s major oil-exporting nations. OPEC+ also includes 10 OPEC allies, the largest of which are Russia, Mexico and Kazakhstan. October 11, 2022 This informational material is provided by U.S. Bank Asset Management Group who provides analysis and research to U.S. Bank and its affiliate U.S. Bancorp Investments. Contact your wealth professional for more details. Number of the week 10.1 million The number of job openings in August, down 1.1 million from July. “Jobs data remains solid. Nonfarm payrolls gained 263,000 jobs in September, mostly driven by service sector hiring, and the unemployment rate fell to 3.5%. While the monthly gain was the lowest since April of 2021, the pace of hiring remains strong. However, robust wage gains, with average hourly earnings rising 5% for the past year, may weigh on future hiring.” - Robert Haworth, Senior Vice President, Senior Investment Strategy Director, U.S. Bank usbank.com Investment products and services are: NOT A DEPOSIT • NOT FDIC INSURED • MAY LOSE VALUE • NOT BANK GUARANTEED • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY Page 18 of 3637 [ 2 ] Important disclosures provided on page 4. Global economy Quick take: The U.S. jobs market remains solid, but global manufacturing activity continues to slow, with recessionary indications for Europe and China. Our view: Our U.S. Health Check highlights positive but below-trend economic activity and decelerating momentum as the Federal Reserve (Fed) tightens monetary policy to combat elevated inflation. Outside the U.S., our foreign scores are below median and slowing.  Jobs data remains solid. Nonfarm payrolls gained 263,000 jobs in September, mostly driven by service sector hiring, and the unemployment rate fell to 3.5%. While the monthly gain was the lowest since April of 2021, the pace of hiring remains strong. However, robust wage gains, with average hourly earnings rising 5% for the past year, may weigh on future hiring. Job openings of 10.1 million in August slipped 1.1 million from July. While still 170% higher than the number of unemployed persons, the decrease indicates companies may be trimming their hiring plans.  The Institute of Supply Management Index, which measures U.S. activity for manufacturing and services, eased in September. While results for both are slowing, manufacturing appears closer to contraction, with new orders and employment declining. In contrast, the services index saw acceleration in employment and slowing growth in new orders. The results seem to indicate the economy is faltering, though still growing at a modest rate.  S&P Global Purchasing Managers Index for foreign manufacturing slipped toward recession. The broad index is contracting for China, the Eurozone, the United Kingdom and Taiwan, while Japan and India are among the few major economies where the activity is expanding. Broadly, new orders and output remain challenging while business continue to hire as they are best able. Equity markets Quick take: Equities traded in seesaw fashion in October, largely over how much Fed actions will slow the economy and drive a recessionary decline in corporate profitability. This week, an update on the pace of inflation and the unofficial launch of the third quarter reporting period will weigh on sentiment and equity prices. Our view: Inflation, interest rates and earnings are key to equity returns. At present, inflation continues to run hot, interest rates are rising and consensus earnings projections seem high. To be determined is when or if inflation peaks, how soon the Fed stops hiking rates and if valuations already discount a slower pace of earnings growth in 2023. In aggregate, these scenarios would present a compelling risk/reward profile for equities.  Third quarter reporting period unofficially begins this week, with release on Friday of quarterly results from several money center banks. Investors will watch revenue and earnings growth trends, the extent to which profit margins are trending lower, the resilience and duration of consumer spending on “experiences,” the outlook for holiday sales, retailer inventory levels and business spending trends.  Consensus analysts’ expectations are for growth in both revenue and earnings. As of September 30, expectations for third quarter revenue and earnings are year-over-year growth of 8.5% and 2.7%, respectively, according to FactSet Research Systems. So far, 4% of S&P 500 companies have released results, and they are in line with to above expectations. Sales are advancing approximately 12.5% over year-ago levels and earnings increasing 3.0%, according to Bloomberg.  Earnings projections for 2022 and 2023 seem high and subject to downward revision. Consensus projections for 2022 and 2023 are roughly $223 and $240, respectively, representing year-over- year growth of approximately 7.5%, according to Bloomberg, FactSet and S&P Capital IQ. At present, the S&P 500 trades at roughly 16.0 and 15.0 times 2022 and 2023 estimates, respectively, levels near historical norms during periods of similar economic conditions. Persistent inflation is among the reasons to expect projections for valuations in 2023 to be revised lower. Page 19 of 3638 [ 3 ] Important disclosures provided on page 4. Bond markets Quick take: Treasury yields ended last week higher, pushing bond prices lower. Investors continue swinging from optimism the Fed will pivot from its interest rate hiking campaign to fearing it will continue lifting rates well into 2023. Fed speakers reiterated their call for further rate hikes last week. Our view: We see the best opportunities in retaining above-normal exposure to high-quality bonds as restrictive monetary policy, slowing growth, high inflation and currency volatility continue to shake global markets.  Pressure remains on the Fed to continue its rate hiking campaign, contributing to market stress. Interest rate markets expect the Fed to increase its target funds rate by 0.75% at the next meeting in early November and 0.50% in December, bringing the year-end rate to 4.25%-4.50%. Expectations are for rates to peak in the first half of 2023 and fall slightly in the second half. The current trajectory of investor expectations assumes inflation moderates and moves decisively toward the Fed’s 2% target. Other central banks around the globe are also hiking, with 215 total net rate hikes this year across 60 central banks. More than three quarters of those hikes were larger than normal, highlighting the urgency policymakers feel around dampening inflation.  The Bank of England announced additional emergency measures to control its long-term government bond yields. Two weeks ago, the Bank of England announced emergency bond buying to control spiking long-term bond yields, which threatened pension plans. This week, it announced measures to broaden the campaign to include inflation-protected bonds and increased the amount it can buy. Investors largely ignored the announcements and 30-year U.K government bond yields (gilts) jumped again and are approaching the 5% level reached when the original emergency measures were announced. Real assets Quick take: Rising interest rates continue to pressure real asset prices. Infrastructure performed the worst last week, with Utilities losing more than 2%. Commodities outperformed, driven by oil prices. Our view: We continue to see value in Real Assets’ defensive sectors. Infrastructure should outperform on a relative basis, with investors favoring tangible assets with stable cash flows as we move past peak earnings growth.  Real Estate trailed the S&P 500 by 4% last week as interest rates rose. The secular growth sectors faced selling pressure due to rising rates. Retail and industrial properties were the top- performing sectors while cell towers and data centers lagged. Real Estate valuations are cheaper, but higher interest rates could pressure forward returns in the short term.  Infrastructure trailed the S&P 500 by 3% last week. Performance was led by midstream energy and toll roads, which beat the S&P 500 by 2.5% and 1%, respectively. Utilities were the main detractor as interest rates rose, pressuring valuations.  Crude oil prices rose 16.5% after OPEC+ agreed to a 2 million barrel per day production cut. OPEC+ is the Organization of the Petroleum Exporting Countries plus 10 oil-producing allies, including Russia. We see the crude market as undersupplied, which should be supportive for prices over a longer time horizon, but acknowledge downside exists if the economy continues to slow. Page 20 of 3639 [ 4 ] ©2022 U.S. Bank. This information represents the opinion of U.S. Bank Wealth Management. The views are subject to change at any time based on market or other conditions and are current as of the date indicated on the materials. This is not intended to be a forecast of future events or guarantee of future results. It is not intended to provide specific advice or to be construed as an offering of securities or recommendation to invest. Not for use as a primary basis of investment decisions. Not to be construed to meet the needs of any particular investor. Not a representation or solicitation or an offer to sell/buy any security. Investors should consult with their investment professional for advice concerning their particular situation. The factual information provided has been obtained from sources believed to be reliable, but is not guaranteed as to accuracy or completeness. U.S. Bank is not affiliated or associated with any organizations mentioned. Based on our strategic approach to creating diversified portfolios, guidelines are in place concerning the construction of portfolios and how investments should be allocated to specific asset classes based on client goals, objectives and tolerance for risk. Not all recommended asset classes will be suitable for every portfolio. Diversification and asset allocation do not guarantee returns or protect against losses. Past performance is no guarantee of future results. All performance data, while obtained from sources deemed to be reliable, are not guaranteed for accuracy. Indexes shown are unmanaged and are not available for direct investment. The S&P 500 Index consists of 500 widely traded stocks that are considered to represent the performance of the U.S. stock market in general. The Institute of Supply Management Manufacturing Index, also called the Purchasing Manager's Index, measures manufacturing activity based on a monthly survey, conducted by the Institute for Supply Management, of purchasing managers at more than 300 manufacturing firms. The S&P Global Purchasing Managers' Index data are compiled by IHS Markit for more than 40 economies worldwide. The monthly data are derived from surveys of senior executives at private sector companies. The PMI dataset features a headline number, which indicates the overall health of an economy, and sub-indices, which provide insights into other key economic drivers such as GDP, inflation, exports, capacity utilization, employment and inventories. The Consumer Price Index is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care. It is one of the most frequently used statistics for identifying periods of inflation or deflation. Equity securities are subject to stock market fluctuations that occur in response to economic and business developments. International investing involves special risks, including foreign taxation, currency risks, risks associated with possible differences in financial standards and other risks associated with future political and economic developments. Investing in emerging markets may involve greater risks than investing in more developed countries. In addition, concentration of investments in a single region may result in greater volatility. Investing in fixed income securities are subject to various risks, including changes in interest rates, credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications and other factors. Investment in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in lower-rated and non-rated securities present a greater risk of loss to principal and interest than higher-rated securities. Investments in high yield bonds offer the potential for high current income and attractive total return, but involve certain risks. Changes in economic conditions or other circumstances may adversely affect a bond issuer's ability to make principal and interest payments. The municipal bond market is volatile and can be significantly affected by adverse tax, legislative or political changes and the financial condition of the issues of municipal securities. Interest rate increases can cause the price of a bond to decrease. Income on municipal bonds is free from federal taxes, but may be subject to the federal alternative minimum tax (AMT), state and local taxes. There are special risks associated with investments in real assets such as commodities and real estate securities. For commodities, risks may include market price fluctuations, regulatory changes, interest rate changes, credit risk, economic changes and the impact of adverse political or financial factors. Investments in real estate securities can be subject to fluctuations in the value of the underlying properties, the effect of economic conditions on real estate values, changes in interest rates and risks related to renting properties (such as rental defaults). Page 21 of 3640 U.S. Bank | Confidential Important disclosures, definitions of terms and index descriptions If you have questions regarding this information or wish to receive definitions of any additional terms or indexes used in this report, please contact your Portfolio Manager. Page 22 of 3641 U.S. Bank | Confidential Important disclosures (page 1 of 4) The information provided here is not intended to replace your account statement. Your account statement is the official record of your account. Equal Housing Lender. Credit products are offered by U.S. Bank National Association and subject to normal credit approval. Deposit products offered by U.S. Bank National Association. Member FDIC. For use in one-on-one meetings/presentations. This information represents the opinion of U.S. Bank. The views are subject to change at any time based on market or other conditions and are current as of the date indicated on the materials. This is not intended to be a forecast of future events or guarantee of future results. The factual information provided has been obtained from sources believed to be reliable but is not guaranteed as to accuracy or completeness. U.S. Bank and its representatives do not provide tax or legal advice. Your tax and financial situation is unique. You should consult your tax and/or legal advisor for advice and information concerning your particular situation. Past performance is no guarantee of future results. All performance data, while obtained from sources deemed to be reliable, are not guaranteed for accuracy. Indexes shown are unmanaged and are not available for direct investment, nor are they subject to fees and expenses. Performance reports included may show performance results gross of fees and expenses. If fees and expenses were included, the performance would be lower. If you have any questions, please speak with your relationship manager for additional information. Based on our strategic approach to creating diversified portfolios, guidelines are in place concerning the construction of portfolios and how investments should be allocated to specific asset classes based on client goals, objectives and tolerance for risk. Not all recommended asset classes will be suitable for every portfolio. Diversification and asset allocation do not guarantee returns or protect against losses. Page 23 of 3642 U.S. Bank | Confidential Important disclosures (page 2 of 4) Equity securities are subject to stock market fluctuations that occur in response to economic and business developments. Stocks of small-capitalization companies involve substantial risk. These stocks historically have experienced greater price volatility than stocks of larger companies and may be expected to do so in the future. Stocks of mid-capitalization companies can be expected to be slightly less volatile than those of small-capitalization companies, but still involve substantial risk and may be subject tomore abrupt or erratic movements than large-capitalization companies. The value of large-capitalization stocks will rise and fall in response to the activities of the company that issued them, general market conditions and/or economic conditions. Growth investments focus on stocks of companies whose earnings/profitability are accelerating in the short term or have grown consistently over the long term. Such investments may provide minimal dividends, which could otherwise cushion stock prices in a market decline. Stock value may rise and fall significantly based, in part, on investors' perceptions of the company, rather than on fundamental analysis of the stocks. Investors should carefully consider the additional risks involved in growth investments. Value investments focus on stocks of income-producing companies whose price is low relative to one or more valuation factors, such as earnings or book value. Such investments are subject to risks that their intrinsic values may never be realized by the market, or such stocks may turn out not to have been undervalued. Investors should carefully consider the additional risks involved in value investments. International investing involves special risks, including foreign taxation, currency risks, risks associated with possible differences in financial standards and other risks associated with future political and economic developments. Investing in emerging markets may involve greater risks than investing in more developed countries. In addition, concentration of investments in a single region may result in greater volatility. Investments in real estate securities can be subject to fluctuations in the value of the underlying properties, the effect of economic conditions on real estate values, changes in interest rates and risks related to renting properties (such as rental defaults). There are special risks associated with an investment in commodities, including market price fluctuations, regulatory changes, interest rate changes, credit risk, economic changes and the impact of adverse political or financial factors. Investments in fixed income securities are subject to various risks, including changes in interest rates, credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications and other factors. Investment in fixedincome securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term securities. Investments in lower-rated and non-rated securities present a greater risk of loss to principal and interest than higher-rated securities. Investments in high yield bonds offer the potential for high current income and attractive total return, but involve certain risks. Changes in economic conditions or other circumstances may adversely affect a bond issuer's ability to make principal and interest payments. Page 24 of 3643 U.S. Bank | Confidential Important disclosures (page 3 of 4) The municipal bond market is volatile and can be significantly affected by adverse tax, legislative or political changes and the financial condition of the issues of municipal securities. Interest rate increases can cause the price of a bond to decrease. Income on municipal bonds is free from federal taxes, but may be subject to the federal alternative minimum tax (AMT), state and local taxes. Treasury Inflation-Protected Securities (TIPS)offer a lower return compared to other similar investments and the principal value may increase or decrease with the rate of inflation. Gains in principal are taxable in that year, even though not paid out until maturity. Non-financial specialty assets, such as real estate, farm, ranch and timber properties, oil, gas and mineral interests or closely-held business interests are complex and involve unique risks specific to each asset type, including the total loss of value. Special risk considerations may include natural events or disasters, complex tax considerations and lack of liquidity. Specialty assets may not be suitable for all investors. Alternative investments very often use speculative investment and trading strategies. There is no guarantee that the investment program will be successful. Alternative investments are designed only for investors who are able to tolerate the full loss of an investment. These products are not suitable for every investor even if the investor does meet the financial requirements. It is important to consult with your investment professional to determine how these investments might fit your asset allocation, risk profile and tax situation. Hedge funds are speculative and involve a high degree of risk. An investment in a hedge fund involves a substantially more complicated set of risk factors than traditional investments in stocks or bonds, including the risks of using derivatives, leverage and short sales, which can magnify potential losses or gains. Restrictions exist on the ability to redeem or transfer interests in a fund. Exchange-traded funds (ETFs)are baskets of securities that are traded on an exchange like individual stocks at negotiated prices and are not individually redeemable. ETFs are designed to generally track a market index and shares may trade at a premium or a discount to the net asset value of the underlying securities. Private equity investments provide investors and funds the potential to invest directly into private companies or participate in buyouts of public companies that result in a delisting of the public equity. Investors considering an investment in private equity must be fully aware that these investments are illiquidby nature, typically represent a long-term binding commitment and are not readily marketable. The valuation procedures for these holdings are often subjective in nature. Private debt investments may be either direct or indirect and are subject to significant risks, including the possibility of default, limited liquidity and the infrequent availability of independent credit ratings for private companies. Structured products are subject to market risk and/or principal loss if sold prior to maturity or if the issuer defaults on the security. Investors should request and review copies of Structured Products Pricing Supplements and Prospectuses prior to approving or directing an investment in these securities. Page 25 of 3644 U.S. Bank | Confidential Important disclosures (page 4 of 4) Mutual fund investing involves risk and principal loss is possible. Investing in certain funds involves special risks, such as those related to investments in small- and mid-capitalization stocks, foreign, debt and high-yield securities and funds that focus their investments in a particular industry. Please refer to the fund prospectus for additional details pertaining to these risks. An investment in money market funds is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Although these funds seek to preserve the value of an investment at $1.00 per share, it is possible to lose money by investing in these funds. Holdings of First American Funds: U.S. Bancorp Asset Management, Inc. is a registered investment advisor and subsidiary of U.S. Bank National Association. U.S. Bank National Association is a separate entity and wholly owned subsidiary of U.S. Bancorp. U.S. Bank is not responsible for and does not guarantee the products, performance or services of U.S. Bancorp Asset Management. U.S. Bancorp Asset Management, Inc. serves as an investment advisor to First American Funds. Holdings of Nuveen mutual funds: Firstar Capital Corporation (Firstar Capital), an affiliate of U.S. Bancorp, holds a less-than-10 percent ownership interest in Windy City Investments Holdings, LLC which was formerly the parent of Windy City Investment Inc. and the indirect parent of Nuveen Fund Advisors, LLC which is the investment advisor to the Nuveen Mutual Funds. On October 1, 2014, Windy City Investments, Inc. was sold to Teachers Insurance and Annuity Association of America. As a result of the sale, U.S. Bancorp no longer has an indirect ownership interest in Nuveen Fund Advisors, LLC. Depending on the outcome of certain factors, Firstar Capital might in the future receive an earn-out payment in respect of its interest in Windy City Investment Holdings, LLC, under the terms of the sale. Non- proprietary mutual funds: U.S. Bank may enter into agreements with other non-proprietary mutual funds or their service providers whereby U.S. Bank provides shareholder services and/or sub-transfer agency, custodial and other administrative support services and receives compensation for these services. Compensation received by U.S. Bank directly or indirectly from mutual funds does not increase fund fees and expenses beyond what is disclosed in the fund prospectuses. For more information, review the fund prospectus. Page 26 of 3645 U.S. Bank | Confidential Definitions of report and statement terms (page 1 of 5) Accredited Investor: Private placement securities generally require that investors be accredited due to the additional risks and speculative nature of the securities. For natural persons, the criteria is met by a net worth of more than $1 million (excluding primary residence) or an income of more than $200,000 individually ($300,000 jointly) for the two most recent years and a reasonable expectation for the same in the current year. For other entities, such as corporations, partnerships, trusts and employee benefit plans, the criteria is met with at least $5 million in assets. See full definition in Rule 501 of Regulation D under the Securities Act of 1933. Alpha: A measure of risk-adjusted performance. A statistic measuring that portion of a stock, fund or composite's total return attributable to specific or non-market risk. Alpha measures non-market return and indicates how much value has been added or lost. A positive Alpha indicates the fund or composite has performed better than its Beta would predict (i.e., the manager has added value above the benchmark). A negative Alpha indicates a fund or composite has underperformed given the composite's Beta. Alternative Investments: As used by U.S. Bank, an investment considered to be outside of the traditional asset classes of long-only stocks, bonds and cash. Examples of alternative investments include hedge funds, private equity, options and financial derivatives. Annualized Excess Return: Shows the difference between the annualized linked returns of a portfolio and the model benchmark. Performance reports provided annualize only periods greater than one year. Annualized or Annual Rate of Return: Represents the average annual change in the value of an investment over the periods indicated. Batting Average: Shows how consistently the portfolio return met or beat the market. Beta: A measure of your portfolio's risk relative to a benchmark. A portfolio with a beta of 1.5, for example, would be expected to return roughly 1.5 times the benchmark's return. A high Beta indicates a riskier portfolio. Bond Credit Rating: A grade given to bonds by a private independent rating service that indicates their credit quality. Ratings are the opinion of Standard & Poor's or other agencies as noted and not the opinion of U.S. Bank. Consumer Price Index (CPI): A measure of the average change in prices over time in a market basket of goods and services and is one of the most frequently used statistics for identifying periods of inflation and deflation. Convexity to Stated Maturity: A measure of the curvature in the relationship between bond prices and bond yields that demonstrates how the duration of a bond changes as the interest rate changes. Convexity is used as a risk-management tool and helps to measure and manage the amount of market risk to which a portfolio of bonds is exposed. This version of convexity measures the rate change in duration of a bond as the yield to (stated) maturity changes. Page 27 of 3646 U.S. Bank | Confidential Definitions of report and statement terms (page 2 of 5) Cost basis/book value: The original value of an asset at the time it was acquired. This is normally the purchase price or appraised value at the time of acquisition. This data is for information purposes only. Cumulative Excess Return: Shows the difference between the annualized linked returns of a portfolio and the model benchmark. Performance reports provided use unannualized returns in periods up to one year, but annualized returns for periods exceeding one year. Downside Capture: The downside capture ratio reflects how a portfolio compares to a benchmark during periods when the benchmark is down. A downside capture ratio of 0.80 (or 80 percent) means the portfolio has historically declined only 80 percent as much as the benchmark during down markets. Downside Deviation: The deviation of returns that fall below a minimum acceptable return (MAR). Although the numerator includes only returns below the MAR, the denominator includes all returns in the performance period. This risk statistic is similar to the downside standard deviation except the sum is restricted to returns less than the MAR instead of the mean. Downside Standard Deviation: The deviation of returns that fall below the mean return. Although the numerator includes only returns below the mean, the denominator includes all returns in the performance period. This risk statistic is similar to the downside deviation except the sum is restricted to returns less than the mean instead of the minimum acceptable return (MAR). Effective Maturity: The date of a bond’s most likely redemption, given current market conditions, taking into consideration the optional and mandatory calls, the optional, mandatory and recurring puts, and the stated maturity. Estimated annual income: The amount of income a particular asset is anticipated to earn over the period indicted. The shares multiplied by the annual income rate. Gain/loss calculation: If an asset was sold, the difference between the proceeds received from the sale compared to the cost of acquiring the asset. If the value of the proceeds is the higher of the two numbers, then a gain was realized. If the value of the proceeds is the lower of the two numbers, a loss was incurred. This data is for information purposes only. Information Ratio: The information ratio compares the average excess return of the portfolio over its associated benchmark divided by the tracking error. M-Squared: The hypothetical return of the portfolio after its risk has been adjusted to match a benchmark. Page 28 of 3647 U.S. Bank | Confidential Definitions of report and statement terms (page 3 of 5) Market Value: Publicly traded assets are valued using market quotations or valuation methods from financial industry services believed by us to be reliable. Assets, that are not publicly traded, may be reflected at values from other external sources or special valuations prepared by us. Assets for which a current value is not available may be reflected as not valued, at par value, or at a nominal value. Values shown do not necessarily reflect prices at which assets could have been bought or sold. Values are updated based on internal policy and may be updated less frequently than statement generation. Market Value Over Time: Many factors can impact the portfolio value over time, such as contributions to the account, distributions from the account, the investment of dividends and interest, the deduction of fees and expenses, and market performance. Modified Duration to Effective Maturity: A formula that expresses the measurable change in the value of a security in response to a change in interest rates. This version of Modified Duration takes into consideration a “horizon date/price” that is, given current conditions, the most likely redemption date/price using the set of calls/puts, as well as stated maturity. Modified Duration to Stated Maturity: A formula that expresses the measurable change in the value of a security in response to a change in interest rates. This version of Modified Duration uses stated maturity as the “horizon date/price” and ignores any potential call/put/pre- refunding, even if they are mandatory. Price/Earnings Ratio (P/E): The P/E ratio of a company is calculated by dividing the price of the company’s stock by its trailing 12-month earnings per share. A high P/E usually indicates that the market is paying a premium for current earnings because it believes in the firm’s ability to grow its earnings. A low P/E indicates the market has less confidence that the company’s earnings will increase. Within a portfolio, P/E is the weighted average of the price/earnings ratios of the stocks in the portfolio. Qualified Purchaser: Some private placement securities require that investors be Qualified Purchasers in addition to being Accredited Investors. For natural persons, the criteria is generally met when the client (individually or jointly) owns at least $5 million in investments. For other entities, such as corporations, partnerships, trusts and employee benefit plans, the criteria is met with at least $25 million in investments though there are other eligibility tests that may apply. See full definition in Section 2(a)(51) of the Investment Company Act of 1940. R-Squared: Measures the portion of the risk in your portfolio that can be attributed to the risk in the benchmark. Realized and Unrealized Gains/Losses: Are calculated for individual tax lots based on the records we have available. Some data may be incomplete or differ from what you are required to report on your tax return. Some data used in these calculations may have beenobtained from outside sources and cannot be verified by U.S. Bank. The data is intended for informational purposes only and should not be used for tax reporting purposes. Please consult with your tax or legal advisor for questions concerning your personal tax or financial situation. Page 29 of 3648 U.S. Bank | Confidential Definitions of report and statement terms (page 4 of 5) Residual Risk: The amount of risk specific to the assets in a portfolio distinct from the market, represented by a benchmark. Return: An indication of the past performance of your portfolio. Sharpe Ratio: Measures of risk-adjusted return that calculates the return per unit of risk, where risk is the Standard Deviation of your portfolio. A high Sharpe ratio indicates that the portfolio is benefiting from taking risk. Sortino Ratio: Intended to differentiate between good and bad volatility. Similar to the Sharpe ratio, except it uses downside deviation for the denominator instead of standard deviation, the use of which doesn't discriminate between up and down volatility. Spread: The difference between the yields of two bonds with differing credit ratings (most often, a corporate bond with a certain amount of risk is compared to a standard traditionally lower risk Treasury bond). The bond spread will show the additional yield that could be earned from a bond which has a higher risk. Standard Deviation: A measure of the volatility and risk of your portfolio. A low standard deviation indicates a portfolio with less volatile returns and therefore less inherent risk. Time-weighted Return: The method used to calculate performance. Time-weighted return calculates period by period returns that negates the effect of external cash flows. Returns for periods of greater than one year are reported as an annualized (annual) rate of return. Returns of less than one year are reported on a cumulative return basis. Cumulative return is the aggregate amount an investment has gained or lost over time, independent of the period involved. Tracking Error: A divergence between the price behavior of a position or a portfolio and the price behavior of a benchmark. This is often in the context of a hedge or mutual fund that did not work as effectively as intended, creating an unexpected profit or loss instead. Traditional Investments: As used by U.S. Bank, an investment made in equity, fixed income or cash securities, mutual funds or exchange- traded funds (ETFs) where the investor buys at a price with the goal that the investment will go up in value. Top 10 Holdings: The 10 assets with the highest market values in the account. Total Portfolio Gross of Fees: Represents all assets included in the calculation of the portfolio, before the deduction of trust and asset management fees, and is inclusive of all applicable third-party security fees and expenses. Details of those fees and expenses are provided in the security’s prospectus or offering documents. Page 30 of 3649 U.S. Bank | Confidential Definitions of report and statement terms (page 5 of 5) Total Return: The rate of return that includes the realized and unrealized gains and losses plus income for the measurement period. Treynor Ratio: Measures the performance of a sector relative to risk by dividing the return of the sector in excess of the risk-free return by the sector's Beta. The higher the Treynor ratio, the better the return relative to risk. Turnover Percent: Indicates how frequently asset are bought and sold within a portfolio. Turnover Ratio: The percentage of a mutual fund’s or other investment vehicle's holdings that have been "turned over" or replaced with other holdings in a given year. Unrealized gain (loss)— The difference between the current market value (at the end of the statement period) and the cost to acquire the asset. If the current market value is higher than the cost, a gain is reflected. If the current market value is lower than the cost paid, a loss is reflected. This data is for information purposes only. Upside Capture: The upside capture ratio reflects how a portfolio compares to the selected model benchmark during periods when the benchmark is up. An upside capture ratio of 1.15 (or 115 percent) means the portfolio has historically beat the benchmark by 15 percent during up markets. Yield: The annual rate of return on an investment, expressed as a percentage. For bonds, it is the coupon rate divided by the market price. For stocks, it is the annual dividend divided by the market price. Page 31 of 3650 U.S. Bank | Confidential Frequently used indexes (page 1 of 5) Bloomberg Barclays 1-3 year U.S. Treasury Index: Measures the performance of the U.S. government bond market and includes public obligations of the U.S. Treasury with a maturity between one year and up to (but not including) three years. Bloomberg Barclays 1-5 year U.S. Treasury Index: Includes all publicly issued, U.S. Treasury securities that have a remaining maturity of greater than or equal to one year and less than five years, are rated investment grade and have $250 million or more of outstanding face value. The Bloomberg Barclays 1-5 year Municipal Index: Measures the performance of municipal bonds with time to maturity of more than one year and less than five years. Bloomberg Barclays 7-year Municipal Index: Includes municipal bonds with a minimum credit rating of Baa that have been issued as part of a transaction of at least $50 million, have a maturity value of at least $5 million and a maturity range of four to six years. Bloomberg Barclays Global Aggregate Index ex-U.S. Index: Measure of global investment grade debt from 24 local currency markets. This multi-currency benchmark includes Treasury, government-related, corporate and securitized fixed-rate bonds from both developed and emerging markets issuers. Bloomberg Barclays Global Treasury ex-U.S. Index: Includes government bonds issued by investment-grade counties outside the United States, in local currencies, that have a remaining maturity of one year or more and are rated investment grade. Bloomberg Barclays High Yield Municipal Bond Index: An unmanaged index made up of bonds that are non-investment grade, unrated or below Ba1 bonds. Bloomberg Barclays Intermediate Aggregate Index: Consists of one- to 10-year governments, one- to 10-year corporate bonds, all mortgages and all asset-backed securities within the Aggregate Index. Bloomberg Barclays Mortgage-Backed Securities Index: Covers agency mortgage-backed pass-through securities (both fixed-rate and hybrid adjustable-rate mortgages) issued by Ginnie Mae (GNMA), Fannie Mae (FNMA), and Freddie Mac (FHLMC). Bloomberg Barclays U.S. Aggregate Bond Index: Measures the investment grade, U.S. dollar-denominated, fixed-rate taxable bond market, including Treasuries, government-related and corporate securities, mortgage-backed securities, asset-backed securities and commercial mortgage-backed securities. Bloomberg Barclays U.S. Corporate Bond Index: Measures the investment grade, fixed-rate, taxable corporate bond market and includes U.S. dollar-denominated securities publicly issued by U.S. and non-U.S. industrial, utility and financial issuers. Page 32 of 3651 U.S. Bank | Confidential Frequently used indexes (page 2 of 5) Bloomberg Barclays U.S. Corporate High Yield Bond Index: Measures the U.S. dollar denominated, high yield, fixed-rate corporate bond market. Bloomberg Barclays U.S. Municipal Bond Index: Measures the investment grade, U.S. dollar-denominated, fixed tax-exempt bond market. The index includes state and local general obligation, revenue, insured and pre-refunded bonds. Bloomberg Barclays U.S. Treasury Index: Measures U.S. dollar-denominated, fixed-rate, nominal debt issued by the U.S. Treasury. Bloomberg Barclays U.S. Treasury Inflation-Protected Securities (TIPS) Index: An unmanaged index includes all publicly issued, U.S. TIPS that have at least one year remaining to maturity, are rated investment grade, and have $250 million or more of outstanding facevalue. Cambridge U.S. Private Equity Index: This index is based on returns data compiled for U.S. private equity funds (including buyout, growth equity and mezzanine funds) that represent the majority of institutional capital raised by private equity partnerships formed since 1986. Returns may be delayed by up to six months. Quarterly performance is prorated based on the cube root for the months of the quarter. Citigroup 3-Month Treasury Bills: An unmanaged index and represents monthly return equivalents of yield averages of the last three-month Treasury Bill issues. Citigroup 6-Month Treasury Bills: An unmanaged index and represents monthly return equivalents of yield averages of the last six-month Treasury Bill issues. Credit Suisse Leverage Loan Index: Represents tradable, senior-secured, U.S. dollar-denominated non-investment grade loans. Dow Jones Industrial Average (DJIA): The price-weighted average of 30 significant U.S. stocks traded on the New York Stock Exchange and NASDAQ. The DJIA is the oldest and single most watched index in the world. Dow Jones Select REIT Index: Measures the performance of publicly traded REITs and REIT-like securities in the U.S. and is a proxy for direct real estate investment, in part by excluding companies whose performance may be driven by factors other than the value of real estate. HFRI Indices: The Hedge Fund Research, Inc. (HFRI) indexes are a series of benchmarks designed to reflect hedge fund industry performance by constructing composites of constituent funds, as reported by the hedge fund managers listed within the HFR Database. Page 33 of 3652 U.S. Bank | Confidential Frequently used indexes (page 3 of 5) HFRI Equity Hedge Total Index: Uses the HFR (Hedge Fund Research) database and consists only of equity hedge funds with a minimum of $50 million assets under management or a 12-month track record and that reported assets in U.S. dollars. HFRI Relative Value Fixed Income Corporate Index: Uses the HFR (Hedge Fund Research) database and consists of only relative value fixed income corporate funds with a minimum of $50 million assets under management or a 12-month track record and that reported assets in U.S. dollars. ICE BofAML 1-3 Year Corporate Index: Tracks U.S. dollar-denominated investment grade public debt issued in the U.S. bond market with maturities of one to three years. ICE BofAML 1-5 Year Corporate and Government Index: Tracks the performance of short-term U.S. investment grade government and corporate securities with maturities between one and five years. ICE BofAML U.S. 7-10 Year Index: Tracks the performance of U.S. dollar denominated investment grade rated corporate debt publicly issued in the U.S. domestic market and includes all securities with a remaining term to maturity of greater than or equal to seven years and less than 10 years. ICE BofAML Global Broad Market Index: Tracks the performance of investment grade public debt issued in the major domestic and Eurobond markets, including global bonds. ICE BofAML U.S. High Yield Master II Index: Commonly used benchmark index for high yield corporate bonds and measures the broad high yield market. J.P. Morgan Emerging Markets Bond Index Global (EMBI Global): Tracks total returns for traded external debt instruments in the emerging markets. London Interbank Offered Rate (LIBOR)3-months: The interest rate offered by a specific group of London banks for U.S. dollar deposits with a three-month maturity. London Interbank Offered Rate (LIBOR) 9-months:The interest rate offered by a specific group of London banks for U.S. dollar deposits with a nine-month maturity. MSCI All Country World Index (ACWI): Designed to measure the equity market performance of developed and emerging markets. Page 34 of 3653 U.S. Bank | Confidential Frequently used indexes (page 4 of 5) Russell 2000 Value Index: Measures companies in the Russell 2000 Index having lower price-to-book ratios and lower forecasted growth values. The Russell 2000 Index includes the 2,000 firms from the Russell 3000 Index with the smallest market capitalizations. Russell 3000 Index: Measures the performance of the 3,000 largest U.S. securities based on total market capitalization. Russell Midcap Index: Measures the 800 smallest companies in the Russell 3000 Index. Russell Midcap Growth Index: Measures companies in the Russell Midcap Index having higher price-to-book ratios and higher forecasted growth values. Russell Midcap Value Index: Measures companies in the Russell Midcap Index having lower price-to-book ratios and lower forecasted growth values. MSCI All County World ex-U.S. Index (ACWI, excluding United States): Tracks the performance of stocks representing developed and emerging markets around the world that collectively comprise most foreign stock markets. U.S. stocks are excluded from the index. MSCI EAFE Index: Includes approximately 1,000 companies representing the stock markets of 21 countries in Europe, Australasia and the Far East. MSCI Emerging Markets (EM) Index: Designed to measure equity market performance in global emerging markets. MSCI World Index: Tracks equity market performance of developed markets through individual country indices. NAREIT Index: Includes REITs (Real Estate Investment Trusts) listed on the New York Stock Exchange, NASDAQ and American Stock Exchange. NASDAQ Composite Index: A market capitalization-weighted average of roughly 5,000 stocks that are electronically traded in the NASDAQ market. NCREIF Property Index (NPI): Measures the investment performance of a very large pool of individual commercial real estate properties acquired in the private market for investment purposes only. Russell 1000 Index: Measures the performance of the 1,000 largest companies in the Russell 3000 Index and is representative of the U.S. large capitalization securities market. Page 35 of 3654 U.S. Bank | Confidential Frequently used indexes (page 5 of 5) Russell 1000 Growth Index: Measures companies in the Russell 1000 Index with higher price-to-book ratios and higher forecasted growth values. It includes the largest 1,000 firms in the Russell 3000 Index. Russell 1000 Value Index: Measures companies in the Russell 1000 Index with lower price-to-book ratios and lower forecasted growth values. It includes the largest 1,000 firms in the Russell 3000 Index. Russell 2000 Index: Measures the performance of the 2,000 smallest companies in the Russell 3000 Index and is representative of the U.S. small capitalization securities market. Russell 2000 Growth Index: Measures companies in the Russell 2000 Index having higher price-to-book ratios and higher forecasted growth values. and is representative of U.S. securities exhibiting growth characteristics. The Russell 2000 Index includes the 2,000 firms from the Russell 3000 Index with the smallest market capitalizations. S&P 500 Index: Consists of 500 widely traded stocks that are considered to represent the performance of the U.S. stock market. S&P Global ex-U.S. Property Index: Measures the investable universe of publicly traded property companies domiciled in developed and emerging markets excluding the United States. The companies included are engaged in real estate related activities such as property ownership, management, development, rental and investment. S&P GSCI: A composite index of commodity sector returns, representing an unleveraged, long-only investment in commodity futures that is broadly diversified across the spectrum of commodities. S&P/Case-Shiller Home Price Indexes: A group of indexes that track changes in home prices throughout the United States. Case- Shiller produces indexes representing certain metropolitan statistical areas (MSA) as well as a national index. Swiss Re Global Cat Bond Total Return Index: Tracks the aggregate performance of all U.S. dollar-denominated euros and Japanese yen-denominated catastrophe bonds, capturing all ratings, perils and triggers. U.S. Dollar Index: Indicates the general international value of the U.S. dollar by averaging the exchange rates between the U.S. dollar and six major world currencies. Wilshire 5000 Index: Composed of more than 6,700 publicly-traded U.S. companies and is designed to track the overall performance of the American stock markets. Page 36 of 3655 CITY OF CUPERTINO Agenda Item 22-11633 Agenda Date: 10/24/2022 Agenda #: 3. ACTION ITEM Subject: Consider the OPEB and Pension Trust Investment Policies Review and accept the OPEB and Pension Trust Investment Policies Presenter: Thomas Leung, Senior Management Analyst 4:40(20) CITY OF CUPERTINO Printed on 10/21/2022Page 1 of 1 powered by Legistar™56 AUDIT COMMITTEE STAFF REPORT Meeting: October 24, 2022 Subject Consider the OPEB and Pension Trust Investment Policies Recommended Action Review and accept the OPEB and Pension Trust Investment Policies Discussion Background In Fiscal Year (FY) 2009-10, the City established a Section 115 Trust to help fund its retiree health obligations, also known as other post-employment benefits (OPEB). In FY 2017-18, the City also established a Section 115 Trust to pre-fund its pension obligations and reduce the potential impact of pension cost volatility on the City's operating budget. OPEB and Pension Trusts Section 115 Trust Overview A Section 115 Trust is a tax-exempt investment tool that allows local governments to pre- fund pension and retiree health costs. The benefits of a Section 115 Trust include the following:  Local control over assets: The City controls the contributions, withdrawals, investment strategy, and risk level of assets in the Trust.  Potential for higher investment returns than General Fund: Investment requirements that apply to the City's General Fund assets under Government Code 53601 are not applicable to Trust assets.  Pension rate stabilization: Assets can be transferred to CalPERS at the City 's discretion to pay for Normal Cost or Unfunded Accrued Liability (UAL) contributions and can be used to reduce or eliminate large fluctuations in the City's pension costs.  Diversification: Trust assets will be diversified from CalPERS investments. 57 2 OPEB Trust Overview In FY 2009-10, the City established a Section 115 Trust to help fund its retiree health obligations, also known as other post-employment benefits (OPEB). Compared to a pay- as-you-go plan, the OPEB Trust allows the City to:  Grow assets to pay future OPEB benefits.  Earn higher returns than the General Fund.  Reduce its total cost for providing post-employment benefits.  Reduce its Net OPEB Liability. In July 2010, the City contributed $7.0 million in initial funding. With additional contributions of $12.3 million, total contributions to date are $19.3 million. As of June 30, 2022, the City's OPEB Trust had a market value of $31.3 million and had earned an annualized investment return of 5.77% gross of fees since inception. Time Period Annualized Investment Return 1 Year -17.28% 5 Year 4.34% Since Inception 5.77% 1-Year investment returns were impacted by financial market volatility due to heightened geopolitical risk, supply chain bottlenecks and persistent inflation, and the Federal Reserve’s pivot to a less accommodative monetary policy. As of the June 30, 2022 measurement date, using a 6.5% discount rate, the City’s OPEB plan had an accrued liability of $29.9 million and a market value of assets of $31.3 million, resulting in an unfunded accrued liability of $(1.5) million and a funded ratio of 104.9%. Compared to June 30, 2021, the unfunded accrued liability increased, and the funded ratio decreased due to the FY 2020-21 investment return. June 30, 2021 June 30, 2022 Accrued Liability 28,626,000 29,871,000 Market Value of Assets 38,025,000 31,340,000 Unfunded Accrued Liability (9,399,000) (1,469,000) Funded Ratio 132.8% 104.9% Pension Trust Overview Since pension obligations are one of the City's largest financial obligations, the City has taken proactive steps to reduce the impacts of pension cost volatility. In March 2018, the City provided options to Council for addressing rising pension costs. In April 2018, the City presented a long-term pension funding strategy to the Fiscal Strategic Plan Committee. In May 2018, the City adopted a Section 115 Trust, also known as a Pension 58 3 Rate Stabilization Program (PRSP), to reduce pension rate volatility on the City's budget. The Pension Trust helps the City to:  Grow assets for future pension contributions.  Invest assets over appropriate time horizons.  Earn higher investment returns than the General Fund.  Reduce pension contribution volatility.  Diversify funds from CalPERS investments. As a fiscal sustainability measure, the City funds the Pension Trust using a more conservative discount rate of 6.25%. The City's pension funding goal is to accumulate sufficient funds in the Pension Trust to fund the difference between a 6.25% and a 7% discount rate and achieve a funded status of 80% by FY 2036-37, 20 years from the adoption of the Pension Trust. The City's projections indicated that it would need to accumulate over $42 million in the Pension Trust within 20 years to achieve its pension funding goal. As a result, the funding strategy proposed $8.0 million in initial funding, along with additional funding of $10.0 million over the first five years. To date, the City has contributed $16.0 million, including:  $8.0 million in FY 2018-19  $4.0 million in FY 2019-20  $2.0 million in FY 2020-21  $2.0 million in FY 2021-22 As of June 30, 2022, the City's Pension Trust had a market value of $17.2 million and had earned an annualized investment return of 3.94% gross of fees since inception. Time Period Annualized Investment Return 1 Year -17.19% Since Inception 3.94% 1-Year investment returns were impacted by financial market volatility due to heightened geopolitical risk, supply chain bottlenecks and persistent inflation, and the Federal Reserve’s pivot to a less accommodative monetary policy. The following chart illustrates the City's progress toward its pension funding goal. The 5% investment return represents the lowest investment return that would allow the City to achieve its goal. A 6.25% investment return is the current target rate of return of the Pension Trust. The dotted line represents the actual market value of the City's Pension Trust. 59 4 Note: The 5% Investment Return and 6.25% Investment Return projections are for illustrative purposes only. Actual returns will be different. Past performance is no guarantee of future results. Given this strategy and the City's current progress, the City is in a strong position to withstand the effects of pension cost increases. By using a more conservative discount rate than CalPERS, the City can allocate more towards pension funding each year than CalPERS requires. If CalPERS investment returns fall short of assumptions, the City will be better prepared for future pension cost increases. If CalPERS lowers the discount rate, the City will be better prepared to absorb the costs. OPEB and Pension Trust Investment Policies The Audit Committee is responsible for reviewing the OPEB and Pension Trust investment policies annually, appointing investment managers, and monitoring investment performance. The City Council is responsible for annually adopting the OPEB and Pension Trust investment policies. It is not expected that the OPEB and Pension Trust investment policies will change frequently. Short-term changes in the financial markets should not require adjustments to the policies. The Audit Committee reviewed the policies on September 27, 2021, October 25, 2021, and November 15, 2021. The Audit Committee accepted the policies with recommended additions to the prohibited asset classes. The changes included: 60 5  Prohibiting direct or indirect exposure to cryptocurrencies  Prohibiting leveraged securities, other than registered hedged equity and hedged fixed income positions  Limiting registered hedged equity and fixed income positions to 10% of the portfolio On December 7, 2021, the City Council adopted the investment policies with the Audit Committee’s recommendations. Public Agency Retirement Services (PARS) is the City’s Trust Administrator and US Bank is the City’s Investment Manager for the Pension and OPEB Trusts. The Investment Manager manages the investments per the investment policies. Within the constraints imposed by these policies, Investment Managers are expected to comply with all applicable fiduciary and due diligence requirements under the “prudent investor” rules. OPEB and Pension Trust Investment Objectives The OPEB Trust has a “Balanced” investment objective with a target rate of return of 6.50%, and the Pension Trust has a “Balanced” investment objective with a target rate of return of 6.25%. The “Balanced” investment objective is designed to provide a moderate amount of current income with moderate growth of capital. Investors should have sufficient tolerance for price and return volatility and substantial periodic declines in investment value. This objective is recommended for investors with a long-term time horizon. The strategic asset allocation ranges and tactical targets for this objective are listed below: Asset Class Range Target Fixed Income 20-40% 29% Equities 50-70% 63% Real Estate 0-15% 5% Commodities 0-10% 2% Cash 0-10% 1% The target rates of return are based on the long-term expected rate of return for assets in the trusts and the City's time horizon for the investments. With strong reserves and a fully funded OPEB plan, the City can maintain a long-term investment horizon with a “balanced” investment objective. There may be periods of substantial decline in investment value, and the portfolio should expect periodic volatility. However, a 6.56% return on investment is expected over the long-term, based on the current investment objective. More conservative investment objectives such as “moderate” and “moderate-conservative” would expect less volatility and declines in investment value; however, over the long term, they would also expect lower returns. 61 6 Many agencies anticipate needing to access the funds in their respective trusts sooner and invest with more emphasis on preserving capital in the near term. The OPEB Trust has a higher discount rate than the Pension Trust because OPEB investments are expected to have a longer time horizon. OPEB obligations are generally longer in duration, and the City expects to withdraw Pension Trust funds earlier to fund CalPERS contributions. Given that changes to the CalPERS discount rate have larger effects on the City's operating budget and are farther out of the City's control, it is important that the City be able to use the Trust to pay CalPERS contributions as needed. CalPERS CalPERS Overview The City provides a defined benefit pension to its employees through the California Public Employees' Retirement System (CalPERS). Retiree pensions are calculated using a formula based on an employee's age, earnings, and years of service. The retirement benefits are funded by:  Investment earnings (60%)  Employer contributions (29%)  Employee contributions (11%) Each year, CalPERS determines an employer's contributions based on actual investment returns and actuarial assumptions, including:  Expected investment returns (discount rates)  Inflation rates  Salaries  Retirement ages  Life expectancies Contributions to fund the pension plan are comprised of two components:  The Normal Cost (NC), which is the cost of the benefits earned in a respective year.  The Unfunded Accrued Liability (UAL) payment, which is the amortization of the unfunded accrued liability. CalPERS Discount Rate Defined benefit plans are highly sensitive to the discount rate assumption. The discount rate is the expected rate of return on the plan's assets over the long term. The discount rate will depend on the plan's size, asset allocation, time horizon, and other considerations. From the City's perspective, the discount rate is important as it is used to determine the City's annual contributions to the plan, the plan's unfunded liability, and the plan's funded status. In other words, the discount rate is used to determine whether a plan has 62 7 enough assets to meet its future obligations. If the discount rate assumption is too high and investments earn less than expected, a funding shortfall may result, requiring the City or CalPERS members to make greater contributions than expected. CalPERS Update As of the June 30, 2021 actuarial valuation, the City's CalPERS plan had an accrued liability of $168.4 million and market value of assets of $127.1 million, resulting in an unfunded accrued liability of $41.3 million and a funded ratio of 75.5%. Compared to the June 30, 2020 actuarial valuation, the unfunded liability decreased, and the funded ratio increased due to the FY 2020-21 investment return of 21.3%. The June 30, 2022 actuarial valuation will reflect the FY 2021-22 investment returns. June 30, 2020 June 30, 2021 Accrued Liability 157,610,543 168,421,875 Market Value of Assets 103,788,993 127,113,891 Unfunded Accrued Liability 53,821,550 41,307,984 Funded Ratio 65.9% 75.5% The unfunded liability is the difference between assets and liabilities, while the funded ratio is the ratio of assets to liabilities. A defined-benefit plan is considered adequately funded if its assets equal or exceed the value of its future liabilities. When the funded ratio is lower than 100%, the plan has insufficient assets to pay all future liabilities. Poor investment returns during the Great Recession significantly decreased the plan's assets. In addition, enhanced benefits and actuarial assumption changes due to increased life expectancies increased the plan's liabilities. These two factors significantly decreased the funded status of the system. Over the past few years, CalPERS has taken steps to improve the long-term financial sustainability of the system. In December 2016, the CalPERS board voted to reduce the discount rate, also known as the assumed rate of return for investments, from 7.5% to 7.0% over three years from FY 2018-19 to FY 2020-21. In February 2018, the CalPERS board also voted to decrease the amortization period for new pension liabilities from 30 years to 20 years, effective July 1, 2019. While these changes will provide long-term benefits to the pension plan, they will also increase the City's pension contributions. Funding Risk Mitigation Policy Under the "Funding Risk Mitigation Policy," the 21.3% return in FY 2020-21 triggered a reduction in the discount rate, or assumed rate of return, from 7% to 6.8%. The Funding Risk Mitigation Policy, approved by the CalPERS board in 2005, lowers the discount rate in years of good investment returns to reduce risk in the por tfolio. The Risk Mitigation Policy will affect contributions starting in FY 2023-24. 63 8 Asset Liability Management Process In November 2021, CalPERS completed its Asset Liability Management (ALM) process, which follows a four-year cycle. The ALM process reviewed investment strategies and actuarial assumptions. At the November 15-17, 2021, meetings, the CalPERS Board approved a 6.8% discount rate, selected a new asset allocation for the fund's investment portfolio, and adopted new actuarial assumptions. CalPERS Investment Returns Note: Beginning in 2002, investment returns are reported gross of fees. Challenging and volatile financial markets impacted FY 2021-22 investment returns. For FY 2021-22, CalPERS reported a preliminary investment return of -6.1%. The average investment return is 6.7% for a 5-year period, 7.7% for a 10-year period, 6.9% for a 20-year period, and 7.7% for a 30-year period. Given that returns in a given year are volatile, it can be more instructive to look at returns over longer time horizons. Time Period Annualized Investment Return 1 Year -6.1% 5 Year 6.7% 10 Year 7.7% 20 Year 6.9% 30 Year 7.7% 64 9 CalPERS assumes it will earn investment returns of 6.8% each year. If investment returns are higher than 6.8%, the City's contributions decrease. On the other hand, if investment returns are lower than 6.8%, the City's contributions increase. The FY 2021-22 investment loss is expected to affect the City's pension contributions starting in FY 2024-25. In FY 2028-29, when the FY 2021-22 investment loss is fully phased in, the City’s annual costs are expected to be $2.0 million higher than previously projected. The $2.0 million increase in contributions due to the -6.1% investment loss in FY 2021-22 is partially offset by the $1.8 million decrease in contributions due to the 21.3% investment gain in FY 2020- 21. CalPERS Discount Rate Analysis Due to lower-than-historical interest rates and economic growth, market experts project lower returns for the next several decades. The Pew Research Center forecasts a long-term investment return of 6.5% for typical pension fund portfolios. The discount rate has a significant effect on the City's CalPERS contributions. If the discount rate is less than the discount rate assumption, the City's CalPERS contributions 65 10 will increase. If CalPERS lowers the discount rate by one percentage point, the City's contributions will increase by up to $2.9 million annually. The chart below shows the impact on pension contributions if CalPERS were to lower the discount rate. Note: Projections include FY 2021-22 investment loss of -6.1%. Comparison of Pension Funding with Neighboring Cities The following chart compares the funded status of the City’s CalPERS plan with other cities in the County of Santa Clara. As of the June 30, 2021 actuarial valuation, Cupertino’s funded status was 75.5%, lower than most cities in the County, because the City has not made additional contributions, also known as Additional Discretionary Payments (ADPs), to CalPERS beyond the required employer contributions. Instead, the City has placed funds in a Section 115 Trust, which allows for more diversification and local control. The Pension Trust may be used to pay down liabilities through Additional Discretionary Payments to CalPERS. The City may elect to make additional contributions, above and beyond the required employer contributions, at any time and in any amount. However, payments made to CalPERS are permanent and cannot be returned. 66 11 The funded status reported by CalPERS only includes assets that cities have contributed to CalPERS. It does not include assets in a Section 115 Pension Trust or pension reserve. After factoring in Section 115 Pension Trusts and pension reserves, the theoretical funded status of the City’s pension plan is 85.7%, slightly above the average of other cities in the County. 67 12 While the funded status of a pension plan is a helpful measure of fiscal sustainability, it does not provide a complete picture. First, the funded status is a snapshot in time. It doesn’t consider future pension contributions. While Cupertino plans to contribute an additional $2.0 million in FY 2022-23, other cities have different funding strategies. Second, the funded status is sensitive to the discount rate. The funded status is based on CalPERS’ current discount rate of 6.8%; however, if CalPERS lowers the discount rate, the funded status will be lower. Sustainability Impact There is no sustainability impact. Fiscal Impact There is no direct fiscal impact at this time. _____________________________________ Prepared by: Thomas Leung, Senior Management Analyst Reviewed by: Kristina Alfaro, Director of Administrative Services Approved for Submission by: Pamela Wu, City Manager Attachments: A – OPEB Trust Investment Policy B – Pension Trust Investment Policy 68 1 | Page Other Post- Employment Benefits (OPEB) Investment Policy Citywide Policy Manual Attachments: N/A Effective Date: November 15, 2022 Responsible Department: Administrative Services Related Policies & Notes: City Investment Policy, Pension Investment Policy Overview In response to the Government Accounting Standards Board (GASB) Statement No. 45, replaced by GASB Statement No. 74 and GASB Statement No. 75, new disclosure requirements for Other Post-employment Benefit (OPEB) Plans, the City of Cupertino has adopted a Section 115 Trust and Plan that seeks to satisfy these liabilities for certain eligible employees Executive Summary Account Name: City of Cupertino OPEB Trust Account Number: 6746035000 Investment Authority: Full Investment Authority Current Assets: $29.8 m illion (September 2022) Time Horizon: Long-Term Target Rate of Return: 6.5% Communication Schedule: Meetings will be conducted at least twice per year U.S. Bank Portfolio Manager: Rick Rosenthal richard.rosenthal@usbank.com 213-443-1848 U.S. Bank Relationship Manager: Ryan Maxey ryan.maxey@usbank.com 503-464-3789 69 2 | Page Investment Objective: ‘Balanced’ This investment objective is designed to provide a moderate amount of current income with moderate growth of capital. Investors should have sufficient tolerance for price and return volatility and substantial periodic declines in investment value. This objective is recommended for investors with a long-term time horizon. The strategic asset allocation ranges and tactical targets for this objective are listed below: Investment Guidelines Overview This document defines the investment policy, guidelines and performance objectives applicable to the assets of The City of Cupertino’s OPEB Trust. The goal of this Policy is to create an investment framework within which the assets can be actively yet prudently managed. The purpose of this document is threefold.  First, it will set forth an investment structure for managing the Portfolio assets. This structure is expected to produce an appropriate level of overall diversification and total investment return over the investment time horizon.  Second, it will serve as to encourage effective communications between the organization and parties involved with investment management decisions.  Third, these guidelines will provide a framework to measure ongoing investment performance. Within the constraints imposed by these policies, Investment Managers are expected to comply with all applicable fiduciary and due diligence requirements under the “prudent investor” rules, which state: “Investments shall be made with judgment and care, under circumstances then prevailing, which persons of prudence, discretion and intelligence exercise in the management of their own affairs, not for speculation, but for investment, considering the probable safety of their capital as well as the probable income to be derived.” All applicable laws, rules and regulations from various local, state, federal and international political entities that may impact the Portfolio are to be adhered to. Asset Class Range Benchmark Target Fixed Income 20-40% 29% Equities 50-70% 63% Real Estate 0-15% 5% Commodities 0-10% 2% Cash 0-10% 1% 70 3 | Page Diversification Your Portfolio Manager is responsible for maintaining the balance between the various asset classes based on the investment objective’s strategic asset allocation. As a general policy, the Investment Manager will maintain reasonable diversification at all times by asset class, credit quality, issuer, sector, industry, and country. The following parameters shall be adhered to in managing the portfolio: Fixed Income Assets • The fixed income investments are to maintain intermediate-term average weighted duration, between three-seven years. • At the time of purchase, no single fixed income issuer shall exceed 2% of the total market value of the Portfolio, with the exception of U.S. Treasury or Agency obligations. • The direct high-yield portion shall constitute no more than 10% of the total market value of the Portfolio. • Hedged fixed income positions shall constitute no more than 10% of the total market value of the Portfolio. Equity & Growth Assets • The domestic equity investments are expected to be diversified at all times by size, industry, sector, and style (Large Cap, Mid Cap, and Small Cap). • At the time of purchase, no individual equity security shall exceed 2% of the total market value of the Portfolio. • The international equity investments (including emerging markets) shall constitute no more than 20% of the total market value of the Portfolio • The real estate investments shall be captured through the use of diversified mutual funds or ETFs investing in REITs; and shall constitute no more than 15% of the total market value of the Portfolio. • The commodities investments shall be captured through the use of diversified mutual funds or ETFs; and shall constitute no more than 10% of the total market value of the Portfolio. • Hedged equity positions shall constitute no more than 10% of the total market value of the Portfolio Permitted Asset Classes and Security Types Fixed Income & Cash Equivalent Investments:  Domestic Certificates of Deposit (rated A-1/P-1 or better)  Domestic Commercial Paper (rated A-1/P-1 or better)  Floating Rate Notes  Money Market Mutual Funds  U.S. Treasury Bonds, Bills and Notes  U.S. Agency (and Instrumentality) Discount Notes, Notes, and Bonds  Treasury Inflation-Protected Securities (TIPS)  Municipal Bonds and Notes 71 4 | Page  Corporate Bonds  Mortgage-Backed Bonds (MBS)  Asset-Backed Bonds (ABS)  High-Yield Bonds (rated B-/B3 or better)  Dollar denominated Foreign Bonds and Notes  Bond Mutual Funds Equity Investments:  Common & Preferred Stocks  American Depository Receipts (ADRs)  Domestic and International Equity Mutual Funds (Open and Closed)  Emerging Market Equity Funds or Exchange Traded Funds (ETFs) Alternative Investments:  Commodities Mutual Funds or Exchange Traded Notes (ETNs)  REIT Investment or Pooled Strategy or Fund of REITs  Registered Hedge Funds or Hedge Fund of Funds Prohibited Asset Classes and Transactions The Investment Manager is prohibited from purchasing or holding any of the following types of investments:  Partnerships unless investing in Master Limited Partnerships invested in a mutual fund and limited in scope and allocation of Portfolio based on asset class limitations of table above  Letter stock and other unregistered securities; physical commodities or other commodity contracts; and short sales or margin transactions  Investments in the equity securities of any company with a record of less than three years continuous operation, including the operation of any predecessor  Investments for the purpose of exercising control of management  Direct or indirect exposure to cryptocurrencies  Leveraged securities, other than registered Hedged Equity and Hedged Fixed Income positions Duties and Responsibilities 1) CITY OF CUPERTINO AUDIT COMMITTEE a) Establish, approve, and maintain investment objectives, guidelines, and policies (including this Policy). b) Appoint Investment Managers who can be reasonably expected to adhere to the investment guidelines and meet the investment objectives as established. c) Monitor the investment performance of the Portfolio and compare actual investment performance relative to an appropriate benchmark index given the stated investment guidelines and objectives set forth in this Policy. 72 5 | Page d) Conduct a formal review of the Portfolio’s asset allocation, investment structure and performance annually or more frequently as the need arises. e) Periodically review the Portfolio performance against objectives. 2) CITY OF CUPERTINO CITY COUNCIL a) Adopt the Policy by resolution of the City Council on an annual basis. 3) PORTFOLIO MANAGER The Portfolio Manager will be responsible for carrying out the activities related to the Portfolio in accordance with the Policy including: a) Manage the day-to-day investment of Portfolio assets in accordance with the Policy guidelines and objectives included herein. b) Exercise full investment discretion and prudence in the selection and diversification of investments. c) Promptly bring to the attention of the City Treasurer or designee any investment that is subsequently downgraded and fails to meet the quality guidelines, along with a recommendation of retention or disposal. d) Provide on a quarterly basis the following investment reporting: (i) Year-to-date rate of return (ii) Annualized one, three, five, etc. rates of return e) Provide annually to the City’s Audit Committee a commentary and analysis of investment performance to include an evaluation of the current and future investment environment and potential impact of the investment environment on achievement of investment objectives. Investment Policy Statement Review The City’s Audit Committee will review and the Cupertino City Council will adopt this Investment Policy Statement at least annually to determine whether stated investment objectives are still relevant and the continued feasibility of achieving the same. It is not expected that the Policy will change frequently. In particular, short-term changes in the financial markets should not require adjustments to the Policy. If at any time the Portfolio Manager finds the above guidelines too restrictive or possibly injurious to investment returns, they should communicate that information immediately to the City’s Audit Committee. City Manager’s signature: _______________________________ Date: _______________________________ 73 6 | Page Revisions: 6.5.2018, 11.19.2019, 11.17.2020, 12.7.2021 Director of Administrative Services’ signature: _______________________________ Date: _______________________________ 74 1 | P a g e Pension Trust Investment Policy Citywide Policy Manual Attachments: N/A Effective Date: November 15, 2022 Responsible Department: Administrative Services Related Policies & Notes: N/A Investment Policy Statement Overview The City has established a Section 115 Trust with PARS to assist in stabilizing the potential impact of pension cost volatility on the City’s operating budget. The City intends to use the Section 115 Trust to pre-fund pension costs and proactively address the unfunded liability. The City’s goal is to have sufficient assets in the trust to increase the funded status to over 80% within 20 years, as well as fund the difference between a 7.0% and 6.25% discount rate. Executive Summary Account Name: City of Cupertino Pension Trust Account Number: 6746050100 Investment Authority: Full Investment Authority Current Assets: $16.4 Million (September 2022) Time Horizon: Long-Term Target Rate of Return: 6.25% Communication Schedule: Meetings will be conducted at least twice per year U.S. Bank Portfolio Manager: Rick Rosenthal richard.rosenthal@usbank.com 213-443-1848 U.S. Bank Relationship Manager : Ryan Maxey ryan.maxey@usbank.com 503-464-3789 75 2 | P a g e Investment Objective: ‘Balanced’ This investment objective is designed to provide a moderate amount of current income with moderate growth of capital. Investors should have sufficient tolerance for price and return volatility and substantial periodic declines in investment value. This objective is recommended for investors with a long-term time horizon. The strategic asset allocation ranges and tactical targets for this objective are listed below: Investment Guidelines Overview This document defines the investment policy, guidelines and performance objectives applicable to the assets of The City of Cupertino’s Pension Trust. The goal of this Policy is to create an investment framework within which the assets can be actively yet prudently managed. The purpose of this document is threefold.  First, it will set forth an investment structure for managing the Portfolio assets. This structure is expected to produce an appropriate level of overall diversification and total investment return over the investment time horizon.  Second, it will serve as to encourage effective communications between the organization and parties involved with investment management decisions.  Third, these guidelines will provide a framework to measure ongoing investment performance. Within the constraints imposed by these policies, Investment Managers are expected to comply with all applicable fiduciary and due diligence requirements under the “prudent investor” rules, which state: “Investments shall be made with judgment and care, under circumstances then prevailing, which persons of prudence, discretion and intelligence exercise in the management of their own affairs, not for speculation, but for investment, considering the probable safety of their capital as well as the probable income to be derived.” All applicable laws, rules and regulations from various local, state, federal and international political entities that may impact the Portfolio are to be adhered to. Asset Class Range Benchmark Target Fixed Income 20-40% 29% Equities 50-70% 63% Real Estate 0-15% 5% Commodities 0-10% 2% Cash 0-10% 1% 76 3 | P a g e Diversification Your Portfolio Manager is responsible for maintaining the balance between the various asset classes based on the investment objective’s strategic asset allocation. As a general policy, the Investment Manager will maintain reasonable diversification at all times by asset class, credit quality, issuer, sector, industry, and country. The following parameters shall be adhered to in managing the portfolio: Fixed Income Assets  The fixed income investments are to maintain intermediate -term average weighted duration, between three-seven years.  At the time of purchase, no single fixed income issuer shall exceed 2% of the total market value of the Portfolio, with the exception of U.S. Treasury or Agency obligations.  The direct high-yield portion shall constitute no more than 10% of the total market value of the Portfolio.  Hedged fixed income positions shall constitute no more than 10% of the total market value of the Portfolio Equity & Growth Assets  The domestic equity investments are expected to be diversified at all times by size, industry, sector, and style (Large Cap, Mid Cap, and Small Cap).  At the time of purchase, no individual equity security shall exceed 2% of the total market value of the Portfolio.  The international equity investments (including emerging markets) shall constitute no more than 20% of the total market value of the Portfolio  The real estate investments shall be captured through the use of diversified mutual funds or ETFs investing in REITs; and shall constitute no more than 15% of the total market va lue of the Portfolio .  The commodities investments shall be captured through the use of diversified mutual funds or ETFs; and shall constitute no more than 10% of the total market value of the Portfolio.  Hedged equity positions shall constitute no more than 10% of the total market value of the Portfolio Permitted Asset Classes and Security Types Fixed Income & Cash Equivalent Investments:  Domestic Certificates of Deposit (rated A-1/P-1 or better)  Domestic Commercial Paper (rated A-1/P-1 or better)  Floating Rate Notes  Money Market Mutual Funds  U.S. Treasury Bonds, Bills and Notes  U.S. Agency (and Instrumentality) Discount Notes, Notes, and Bonds  Treasury Inflation-Protected Securities (TIPS)  Municipal Bonds and Notes 77 4 | P a g e  Corporate Bonds  Mortgage-Backed Bonds (MBS)  Asset-Backed Bonds (ABS)  High-Yield Bonds (rated B-/B3 or better)  Dollar denominated Foreign Bonds and Notes  Bond Mutual Funds Equity Investments:  Common & Preferred Stocks  American Depository Receipts (ADRs)  Domestic and International Equity Mutual Funds (Open and Closed)  Emerging Market Equity Funds or Exchange Traded Funds (ETFs) Alternative Investments:  Commodities Mutual Funds or Exchange Traded Notes (ETNs)  REIT Investment or Pooled Strategy or Fund of REITs  Registered Hedge Funds or Hedge Fund of Funds Prohibited Asset Classes and Transactions The Investment Manager is prohibited from purchasing or holding any of the following types of investments:  Partnerships unless investing in Master Limited Partnerships invested in a mutual fund and limited in scope and allocation of Portfolio based on asset class limitations of table above  Letter stock and other unregistered securities; physical commodities or other commodity contracts; and short sales or margin transactions  Investments in the equity securities of any company with a record of less than three years continuous operation, including the operation of any predecessor  Investments for the purpose of exercising control of management  Direct or indirect exposure to cryptocurrencies  Leveraged securities, other than registered Hedged Equity and Hedged Fixed Income positions Duties and Responsibilities 1) CITY OF CUPERTINO AUDIT COMMITTEE a) Establish, approve, and maintain investment objectives, guidelines, and policies (including this Policy). b) Appoint Investment Managers who can be reasonably expected to adhere to the investment guidelines and meet the investment objectives as established. c) Monitor the investment performance of the Portfolio and compare actual investment performance relative to an appropriate benchmark index given the stated investment guidelines and objectives set forth in this Policy. 78 5 | P a g e d) Conduct a formal review of the Portfolio’s asset allocation, investment structure and performance annually or more frequently as the need arises. e) Periodically review the Portfolio performance against objectives. 2) CITY OF CUPERTINO CITY COUNCIL a) Adopt the Policy by resolution of the City Council on an annual basis. 3) PORTFOLIO MANAGER The Portfolio Manager will be responsible for carrying out the activities related to the Portfolio in accordance with the Policy including: a) Manage the day-to-day investment of Portfolio assets in accordance with the Policy guidelines and objectives included herein. b) Exercise full investment discretion and prudence in the selection and diversification of investments. c) Promptly bring to the attention of the City Treasurer or designee any investment that is subsequently downgraded and fails to meet the quality guidelines, along with a recommendation of retention or disposal. d) Provide on a quarterly basis the following investment reporting: (i) Year-to-date rate of return (ii) Annualized one, three, five, etc. rates of return e) Provide annually to the City’s Audit Committee a commentary and analysis of investment performance to include an evaluation of the current and future investment environment and potential impact of the investment environment on achievement of investment objectives. Investment Policy Statement Review The City’s Audit Committee will review and the Cupertino City Council will adopt this Investment Policy Statement at least annually to determine whether stated investment objectives are still relevant and the continued feasibility of achieving the same. It is not expected that the Policy will change frequently. In particular, short-term changes in the financial markets should not require adjustments to the Policy. If at any time the Portfolio Manager finds the above guidelines too restrictive or possibly injurious to investment returns, they should communicate that information immediately to the City’s Audit Committee. City Manager’s signature: _______________________________ Date: _______________________________ 79 6 | P a g e Revisions: 6.5.2018, 11.19.2019, 11.17.2020, 12.7.2021 Director of Administrative Services’ signature: _______________________________ Date: _______________________________ 80 CITY OF CUPERTINO Agenda Item 22-11634 Agenda Date: 10/24/2022 Agenda #: 4. ACTION ITEM Subject: Consider the Monthly Treasurer's Investment Report for September 2022 Review the Monthly Treasurer's Investment Report for September 2022 and recommend filing with City Council Presenter: Thomas Leung, Senior Management Analyst, and Chandler Asset Management 5:00(30) CITY OF CUPERTINO Printed on 10/21/2022Page 1 of 1 powered by Legistar™81 1 AUDIT COMMITTEE STAFF REPORT Meeting: October 24, 2022 Subject Consider the Monthly Treasurer's Investment Report for September 2022 Recommended Action Review the Monthly Treasurer's Investment Report for September 2022 and recommend filing with City Council Discussion Background On May 19, 2022, the City Council approved the City's Investment Policy. Per the City's Investment Policy, the Treasurer shall submit monthly transaction reports to the City Council within 30 days of the end of the reporting period per California Government Code Section 53607. In addition to the monthly transaction reports, quarterly investment reports are submitted to the City Council approximately 45 days following the end of the quarter. The quarterly investment report offers a more extensive discussion of the City's economy, cash flow, and investments. The City's Municipal Code Section 2.24.050 Investment Authority states that the Treasurer shall make a monthly report of all investment transactions to the City Council. Lastly, the City's Municipal Code Section 2.88.100 Duties–Powers–Responsibilities lists one of the powers and functions of the Audit Committee is "to review the monthly Treasurer's report." Per the referenced code provisions, a Treasurer's Investment Report shall be submitted to the Audit Committee and City Council every month. Treasurer's Investment Report The report provides an update on the City's investment portfolio for the month ending September 30, 2022. The report is as of October 20, 2022. The attached statements include balances and transactions of the City's investments with the Local Agency Investment Fund (LAIF) and Chandler Asset Management. While not 82 2 governed by the City's Investment Policy, statements for the Public Agency Retirement Services (PARS) Section 115 Trusts are also attached per a request from the Monthly Treasurer's Report Subcommittee. As of September 30, 2022, the City's General Ledger cash and investments balance was $216.6 million, a $4.4 million decrease from the prior month due to receipts of $8.2 million, disbursements of ($12.9) million, and journal adjustments of $0.3 million. Cash and Investments – General Ledger Balance Fund Type Month Ending August 31, 2022 Receipts Disbursements Journal Adjustments* Month Ending September 30, 2022 General Fund 107,825,771 7,739,191 (9,681,257) (554,702) 105,329,003 Special Revenue 47,075,939 354,490 (1,535,428) (306,605) 45,588,397 Debt Service 2,682,650 - - - 2,682,650 Capital Projects 40,550,898 155 (516,876) - 40,034,177 Enterprise 12,974,247 130,548 (664,195) 35,972 12,476,572 Internal Service 9,882,836 440 (522,469) 1,092,986 10,453,792 Total $220,992,342 $8,224,824 $(12,920,225) $267,651 $216,564,592 *Journal adjustments include transactions recorded in other systems and imported into the financial system, Council-approved budget adjustments, quarterly Cost Allocation Plan (CAP) charges, and quarterly interest earnings. 83 3 The $216.6 million in cash and investments includes $30.0 million in cash, $21.1 million in cash equivalents, $148.3 million in investments, and $17.2 million restricted for funding pension costs. The City pools cash for all funds except restricted funds. However, the City accounts for interest earnings, revenues, and expenditures separately for each fund to adequately meet the purpose and restrictions of each funding source. Pooling funds is a common and appropriate practice used in public agencies. By pooling funds, the City can benefit from economies of scale, diversification, liquidity, and ease of administration. 84 4 Cash and Investments – General Ledger Balance Month Ending August 31, 2022 Month Ending September 30, 2022 % of Portfolio Cash in banks and on hand Operating Checking (Wells Fargo) 34,386,299 29,966,945 14% Workers' Compensation Checking (Wells Fargo) 33,701 25,305 0% Payroll Checking (Wells Fargo) - - 0% Restricted for Bond Repayments1 (BNY Mellon) 8,333 8,333 0% Petty Cash and Change 5,000 5,000 0% Cash Equivalents Local Agency Investment Fund 21,059,752 21,059,752 10% Investments Investments (Chandler) 148,259,206 148,259,206 68% Restricted for Pension2 (PARS) 17,240,051 17,240,051 8% Total Cash and Investments3 $220,992,342 $216,564,592 100% 1 Cash held by fiscal agent for bond repayments 2 In accordance with GASB 67/68, the assets in the Section 115 Pension Trust are reported as restricted cash and investments in the General Fund. The assets can only be used to fund CalPERS costs. 3 Assets in the Section 115 OPEB Trust are excluded as the City cannot use these assets to fund its own operations. The assets are held in trust for retirees' post-employment health benefits. The table below shows the bank balances for the City's cash and investments. Bank and General Ledger balances differ due to timing. Bank balances do not include outstanding checks and deposits in transit. The General Ledger is updated quarterly with interest earnings and annually with the year-end investment market values. Cash and Investments – Bank Balance Month Ending August 31, 2022 Month Ending September 30, 2022 % of Portfolio Cash in banks and on hand Operating Checking (Wells Fargo) 34,432,707 31,613,882 15% Workers' Compensation Checking (Wells Fargo) 36,010 25,694 0% Payroll Checking (Wells Fargo) - - 0% Restricted for Bond Repayments1 (BNY Mellon) 8,333 8,333 0% Cash Equivalents Local Agency Investment Fund 21,099,180 21,099,180 10% Investments Investments (Chandler) 148,209,503 145,810,488 68% Restricted for Pension2 (PARS) 17,693,782 16,385,602 8% Total Cash and Investments3 $221,479,515 $214,943,179 100% 85 5 1 Cash held by fiscal agent for bond repayments 2 In accordance with GASB 67/68, the assets in the Section 115 Pension Trust are reported as restricted cash and investments in the General Fund. The assets can only be used to fund CalPERS costs. 3 Assets in the Section 115 OPEB Trust are excluded as the City cannot use these assets to fund its own operations. The assets are held in trust for retirees' post-employment health benefits. Local Agency Investment Fund (LAIF) LAIF is an investment pool administered by the State of California Treasurer and governed by California Government Code. The City can withdraw funds from LAIF at any time. As a result, the City uses LAIF for short-term investment, liquidity, and yield. As of September 30, 2022, the City's LAIF account had a balance of $21.1 million, no change from the prior month. Interest is deposited quarterly and was most recently deposited in July 2022. The City did not make any deposits or withdrawals in September 2022. Investment Portfolio In FY 2018-19, the City conducted a Request for Proposal (RFP) for investment management services and selected Chandler Asset Management. Under the City's Treasurer's direction, Chandler Asset Management manages the City's investment portfolio in accordance with the City's investment objectives. The City's investment objectives, in order of priority, are to provide:  Safety to ensure the preservation of capital in the overall portfolio  Sufficient liquidity for cash needs  A market rate of return consistent with the investment program The performance objective is to earn a total rate of return through a market cycle equal to or above the return on the benchmark index. Chandler Asset Management invests in high- quality fixed-income securities consistent with the City's Investment Policy and California Government Code to achieve the objective. As of September 30, 2022, the portfolio's market value was $145.8 million, compared to $148.2 million at the end of the previous month. The table below includes historical comparisons of the City's portfolio: 86 6 June 30, 2022 August 31, 2022 September 30, 2022 Market Value 148,744,657 148,209,503 145,810,488 Par Value 155,016,024 155,361,549 155,548,714 Book Value 155,117,380 155,316,485 155,475,533 Average Maturity 2.74 years 2.82 years 2.76 years Average Modified Duration 2.39 2.44 2.38 Average Purchase Yield 1.41% 1.56% 1.58% Average Market Yield 3.25% 3.69% 4.49% Average Quality1 AA+/Aa1 AA/Aa1 AA/Aa1 1 S&P and Moody's respectively The portfolio's market value fluctuates depending on interest rates. When interest rates decrease after an investment is purchased, the market value of the investment increases. In contrast, when interest rates increase after an investment is purchased, the market value of the investment decreases. At the time of purchase, the City intends to hold all investments until maturity, so changes in market price do not affect the City's investment principal. The market values were provided by Chandler Asset Management. Section 115 Trust Investment Portfolio The City established Section 115 Trusts to reduce pension rate volatility and pre -fund Other Post-Employment Benefits (OPEB) costs. A Section 115 Trust is a tax-exempt investment tool that allows local governments to pre-fund pension and retiree health costs. Once contributions are placed into the trust, assets from the trust can only be used to fund retirement plans. The Section 115 Trusts are not governed by the City's Investment Policy but by separate investment policies. On December 7, 2021, City Council approved the Pension Trust Investment Policy and OPEB Trust Investment Policy. Public Agency Retirement Services (PARS) administers the trust, and US Bank manages the investments per the investment policies. Both Section 115 Trusts are invested in "balanced" portfolios. The investment objective is designed to provide a moderate amount of current income with moderate growth of capital. It is recommended for investors with a long-term time horizon. The strategic asset allocation ranges for this objective are: 87 7 Asset Class Range Target Equities 50-70% 63% Fixed Income 20-40% 29% Real Estate 0-15% 5% Commodities 0-10% 2% Cash 0-10% 1% As of September 30, 2022, the Section 115 Pension Trust had a balance of $16.4 million, a decrease of $1.3 million from the prior month due to investment losses. The Section 115 OPEB Trust had a balance of $29.8 million, a decrease of $2.4 million from the prior month due to investment losses. The one-month investment returns were -7.4% for both the Pension Trust and OPEB Trust. Compliance All of the City's investments comply with state law and the City's Investment Policy. In compliance with California Government Code 53646 (b)(3), the City maintains the ability to meet its expenditure requirements for the next six months. Sustainability Impact No sustainability impact. Fiscal Impact No fiscal impact. _____________________________________ Prepared by: __________________ Thomas Leung Senior Management Analyst Reviewed by: __________________ Kristina Alfaro Director of Administrative Services Approved for Submission by: __________________ Pamela Wu City Manager Attachments: A – Chandler Investment Report September 2022 B – Chandler Custodial Statement September 2022 C – PARS Pension and OPEB Account Statement September 2022 D – LAIF Account Statement September 2022 88 CHANDLER ASSET MANAGEMENT, INC. | 800.317.4747 | www.chandlerasset.com INVESTMENT REPORT Period Ending September 30, 2022 City of Cupertino 89 SECTION 1 Economic Update SECTION 2 Account Profile SECTION 3 Portfolio Holdings SECTION 4 Transactions Table of Contents As of September 30, 2022 1 90 SECTION |Section 1 |Economic Update 2 91 Economic Update    Market volatility has intensified as f inancial conditions tighten and global central banks pursue monetary policies to combat persistently high inflation and maintain financial market stability.Labor markets and consumer balance sheets remain strong;however,inflation is weighing heavily on consumer sentiment and beginning to impact discretionary spending. Corporate earnings have generally performed better than expected,but warnings are growing along with wider credit spreads.While evidence of slowereconomic conditions has begun to mount,we expect the Federal Reserve to continue to raise rates until a sustainable improvement in inflationary conditions has been achieved.Over the near-term,we expect financial market volatility to remain intensified and conditions tighter with persistent inflation, geopolitical risk,and the Fed's hawkish monetary policy. At the Septembermeeting,the Federal Open Market Committee (FOMC)delivered the third 75-basis point increase to the Fed Funds Rate, increasing the range to 3.00% to 3.25%. The FOMC acknowledged spending and production are experiencing modest growth,offset by a robust labor market and elevated inflation metrics. We expect the Fed to continue to increase the federal funds rate in the near term until inflationary pressures weaken. In September,yields rose significantly across the curve.The 2-year Treasury yield increased 79 basis points to 4.28%,the 5- year Treasury yield rose 74 basis points to 4.09%,and the 10-year Treasury yield gained 64 basis points to 3.83%.The spread between the 2-year Treasury yield and 10-year Treasury yield became more inverted at -45 basis points at September month-end versus -30 basis points at August month-end.The spread was a positive 121 basis points one year ago.The spread between 3-month and 10-year treasuries widened to 56 basis points in September compared to just 27 basis points in August.The shape of the curve does not necessarily indicate an imminent recession but bears watching as a better predictor of recession over the medium-term. 3 92 Source: US Department of Labor Source: US Department of Labor Employment The U.S.economy added 263,000 jobs in September,surpassing market expectations of 255,000,and gains were revised upward by 11,000 for the prior two months. Trends in employment remain strong,with the three-month moving average payrolls at 372,000 and the six-month moving average at 360,000.Hiring was widespread,with solid increases in education and health services,leisure and hospitality,and professional and business services.The unemployment rate fell to 3.5%from 3.7%,as the labor participation rate edged down to 62.3%in September from 62.4%in August.The U-6 underemployment rate,which includes those who are marginally attached to the labor force and employed part time for economic reasons dropped to 6.7%from 7.0%last month.Average hourly earnings rose 5.0%year-over-year in September compared to 5.2%year-over-year in August,a constructive development for the inflation outlook.The strong September labor report bolsters the case for the Fed to continue raising the federal funds rate. -200 0 200 400 600 800 1,000 1,200 1,400 M O M C h a n g e I n ( 0 0 0 ' s ) Nonfarm Payroll (000's) Non-farm Payroll (000's) 3 month average (000's) 0.0% 4.0% 8.0% 12.0% 16.0% Unemployment Rate Underemployment Rate (U6) Unemployment Rate (U3) Ra t e ( % ) 4 93 Source: US Department of Labor Source: US Department of Commerce Inflation The Consumer Price Index (CPI)increased more than expected in September,up 8.2%year-over-year versus consensus expectations for 8.1%, but down slightly from 8.3%in August.The Core CPI,which excludes volatile food and energy components, jumped to 6.6%year-over-year,up from 6.3%in August and the highest level since 1982.The report included widespread increases,particularly in food,shelter,and medical care services.Owners’equivalent rent,which is a major contributor to CPI and tends to lag, was up 6.7%year-over-year.The Personal Consumption Expenditures (PCE)index rose 6.2%in August, higher than consensus estimates of up 6.0%,but down from a 6.4%increase last month.Core PCE was up 4.9%year-over-year in August,versus up 4.7%year-over-year in July.Persistently elevated inflation islikely to keep the Federal Reserve on the path of tightening monetary policy as long as it continues to run well above the Fed’s longer-run target of around 2.0%. 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0% Personal Consumption Expenditures (PCE) PCE Price Deflator YOY % Change PCE Core Deflator YOY % Change YO Y ( % ) C h a n g e 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0% Consumer Price Index (CPI) CPI YOY % Change Core CPI YOY % Change Y O Y ( % ) C h a n g e 5 94 Advance retail sales were flat for the month but up 8.2%year-over-year in September,slowing from August’s 9.4%year-over-year gain that surprised to the upside.Retail sales growth is starting to reflect the headwinds from higher prices as consumers dip into savings and assume more debt.The Conference Board’s Consumer Confidence Index rose for the second month in a row to 108.0 in September,with gains in both the present situation and future expectations components.The strength was tied directly to the consumer's assessment of the labor market, which continues to reflect the demand for labor outstripping supply. Source: US Department of Commerce Source: The Conference Board 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% Retail Sales YOY % Change Y O Y ( % ) C h a n g e 80 90 100 110 120 130 140 In d e x L e v e l Consumer Confidence Consumer 6 95 Source: The Conference Board Source: Federal Reserve Bank of Chicago Economic Activity The Conference Board’s Leading Economic Index (LEI)remained in negative territory at -0.3%in August,following a decline to -0.5%in July. This is the sixth straight month-over-month decline for the index.With the year-over-year index now at -1.0%in August and average workweek in manufacturing having contracted for four of the last six months,the Conference Board stated that US economic activity is expected to continue to slow more broadly and islikely to contract.The Chicago Fed National Activity Index (CFNAI)fell to zero in August from +0.29 in July indicating a moderation in economic growth over the month.On a 3-month moving average basis,the CFNAI increased to 0.01 in August from -.08 in each of the last two months. -2.00 -1.00 0.00 1.00 2.00 3.00 4.00 Chicago Fed National Activity Index (CFNAI) 3 M o n t h A v e r a g e -0.8% -0.6% -0.4% -0.2% 0.0% 0.2% 0.4% 0.6% 0.8% 1.0% 1.2% Leading Economic Indicators (LEI) M O M ( % ) C h a n g e 7 96 Source: US Department of Commerce Source: S&P Housing 0 200 400 600 800 1000 1200 1400 1600 1800 2000 M O M C h a n g e ( I n T h o u s a n d s o f U n i t s ) Housing Starts Multi Family Housing Starts Single Family Housing Starts 0.0% 3.0% 6.0% 9.0% 12.0% 15.0% 18.0% 21.0% 24.0% S&P/Case -Shiller 20 City Composite Home Price Index YO Y ( % ) C h a n g e Total housing starts increased 12.2%to an annual rate of 1,575,000 in August,from a revised 1,404,000 units in July.Single-family home starts increased 3.4%and multi-family homes increased 28%month-over-month.On a year-over-year basis,total housing starts decreased 0.1% reflecting a shift from single-family units to more affordable multi-family units as homebuyers struggle with a combination of elevated prices and higher mortgage rates.Mortgage rates for a 30-year fixed-rate loan are higher than they have been since 2007 at 6.7%.According to the Case-Shiller 20-City Home Price Index,the year-over-year increase receded from 18.7%in June to 16.1%in July,clearly displaying the impact of higher mortgage rates which have reduced demand for homebuying as affordability has declined. 8 97 Source: Institute for Supply Management Source: Federal Reserve Manufacturing The Institute for Suppl y Management (ISM)manufacturing index plunged nearly two points to 50.9 in September,the lowest since May 2020 and disappointing relative to consensus expectations of 52.0.Readings above 50.0 are indicative of expansion in the manufacturing sector. New orders declined significantly,reflecting lower demand for goods as consumers shift to spending on services.Total industrial production declined by -0.2%in August,following a downwardly revised increase of 0.5%in July.Capacity utilization fell to 80.0%in August from 80.2%in July, a rate that is 0.4 percentage points above its long-run (1972-2021) average. 40 42 44 46 48 50 52 54 56 58 60 62 64 66 Institute of Supply Management Purchasing Manager Index EXPANDING CONTRACTING -10.0% -5.0% 0.0% 5.0% 10.0% 15.0% 20.0% Industrial Production YO Y ( % ) C h a n g e 9 98 Source: US Department of Commerce Source: US Department of Commerce 9/21 12/21 3/22 6/22 2.0% 2.1% 0.9% 1.4% 1.8% 5.1% 1.0% -2.8% -1.1% -0.2% -3.1% 1.2% -0.5% 0.0% -0.4% -0.2% 0.5% -0.2% 0.0% -0.1% 2.7% 7.0% -1.6% -0.6% Gross Private Domestic Investment Personal Consumption Expenditures Components of GDP Federal Government Expenditures State and Local (Consumption and Gross Investment) Net Exports and Imports Total -35.0%-30.0%-25.0%-20.0%-15.0%-10.0%-5.0%0.0%5.0%10.0%15.0%20.0%25.0%30.0%35.0%40.0% Gross Domestic Product (GDP) GDP QOQ % Change GDP YOY % Change Gross Domestic Product (GDP) According to the third estimate,U.S.GDP was unrevised at -0.6%annualized in the second quarter. Personal consumption expenditures rose, primarily due to spending on services.The largest negative contribution was from a drop in gross residential investment as the housing sector diminished sharply.The second quarter decline followed a first quarter contraction of -1.6%.Although many market participants link two quarters in a row of negative GDP growth with a recession,an official declaration by the National Bureau of Economic Research is unlikely given the mosaic of data and the strength of the labor market.The consensus estimate calls for 1.9%growth in the third quarter and 1.7% growth for the full year 2022. 10 99 Federal Reserve Source: Federal Reserve Source: Bloomberg At the September meeting,the Federal Open Market Committee (FOMC)delivered the third 75-basis point increase to the Fed Funds Rate, increasing the range to 3.00%to 3.25%.The FOMC acknowledged spending and production are experiencing modest growth,offset by robust labor market and elevated inflation metrics.The FOMC remains data dependent to meet its long-term 2%inflation objective.The Fed also released new economic projections showing a significant slowdown in the economy later in 2022 and 2023.The Fed has reduced its $9 trillion balance sheet holdings by $87.1 billion since the start of the program and will increase the rate of decrease to $95 billion a month in September.As inflation metrics begin to moderate,we believe the Federal Reserve will decelerate their pace of tightening, but a material decline in inflation in the short-term is unlikely. 0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% 3.50% Effective Federal Funds Rate Yi e l d ( % ) 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 8,000,000 9,000,000 10,000,000 Federal Reserve Balance Sheet Assets In $ m i l l i o n s 11 100 Source: Bloomberg Source: Bloomberg 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% US Treasury Note Yields 2-Year 5-Year 10-Year Y i e l d ( % ) 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% US Treasury Yield Curve Sep-22 Jun-22 Sep-21 Y i e l d ( % ) Bond Yields At the end of September,the 2-year Treasury yield was 400 basis points higher,and the 10-Year Treasury yield was about 234 basis points higher,year-over-year.The spread between the 2-year Treasury yield and 10-year Treasury yield became more inverted at -45 basis points at September month-end versus -30 basis points at Augustmonth-end.The average historical spread (since 2003)is about 130 basis points.The spread between 3-month and 10-year treasuries widened to 56 basis points in September compared to just 27 basis points in August.The shape of the yield curve does not indicate an imminent recession but bears watching as a better predictor of recession over the medium-term. 12 101 Section 2|SECTION |Section 2 |Account Profile 13 102 Objectives Chandler Asset Management Performance Objective The performance objective for the portfolio is to earn a total rate of return through a market cycle that is equal to or above the return on the benchmark index. Investment Objectives The City of Cupertino’s investment objectives,in order of priority,are to provide safety to ensure the preservation of capital in the overall portfolio,provide sufficient liquidity for cash needs and a market rate of return consistent with the investment program. Strategy In order to achieve these objectives,the portfolio invests in high quality fixed incomes securities consistent with the investment policy and California Government Code. As of September 30, 2022 14 103 Compliance As of September 30, 2022 Category Standard Comment Treasury Issues No Limitation Complies Agency Issues 25% per Agency/GSE issuer; 20% max agency callable securities; Issued by Federal Agencies or U.S. Government Sponsored Enterprise obligations.Complies Supranational "AA" rating category or better by a NRSRO; 30% maximum; 10% max per issuer; USD denominated senior unsecured unsubordinated obligations issued or unconditionally guaranteed by IBRD, IFC, or IADB.Complies Municipal Securities "A" rating category or better by a NRSRO; 30% maximum; 5% max per issuer; Obligations of the City, State of California, and any local agency within the State of California; Obligations of any of the other 49 states in addition to California, including bonds payable solely out of the revenues from a revenue-producing property owned, controlled, or operated by a state or by a department, board, agency, or authority of any of the other 49 states in addition to California. Complies Corporate Medium Term Notes "A" rating category or better by a NRSRO; 30% maximum; 5% max per issuer; Issued by corporations organized and operating within the U.S. or by depository institutions licensed by the U.S. or any state and operating within the U.S.Complies Asset Backed/ Mortgage Backed/ Collateralized Mortgage Obligation "AA" rating category or better by a NRSRO; 20% maximum; 5% max per issuer on Asset-Backed or Commercial Mortgage security; There is no issuer limitation on any Mortgage security where the issuer is the U.S. Treasury or a Federal Agency/GSE . Complies Negotiable Certificates of Deposit (NCDs) No rating required if amount of the NCD is insured up to the FDIC limit; If above FDIC insured limit, requires "A-1" short- term rated or "A" long-term rating category or better by a NRSRO; 30% maximum; 5% max per issuer; Issued by nationally or state chartered banks, state or federal savings associations, or state or federal credit unions, or by a federally licensed or state-licensed branch of a foreign bank. Complies Certificates of Deposit (CDs)/Time Deposit (TDs) 30% maximum; 5% max per issuer; Certificates of Deposit, Time Deposit, non-negotiable, and collateralized in accordance with California Government Code.Complies Banker’s Acceptances "A-1" short-term rated or better by a NRSRO; or "A" long-term rating category or better by a NRSRO; 40% maximum; 5% max per issuer; 180 days max maturity Complies Commercial Paper "A-1" short term rated or better a NRSRO; "A" long-term issuer rating category or better by a NRSRO; 25% maximum; 5% max per issuer; 270 days max maturity; Issued by corporations organized and operating in the U.S. with assets > $500 million; 10% max outstanding paper of the issuing corporation. Complies Money Market Funds 20% maximum; Daily money market funds administered for or by trustees, paying agents and custodian banks contracted by a City of Cupertino as allowed under California Government Code; Only funds holding U.S. Treasury obligations, Government agency obligations or repurchase agreements collateralized by U.S. Treasury or Government agency obligations can be utilized. Complies Local Agency Investment Fund (LAIF) Maximum amount permitted by LAIF; Not used by investment adviser Complies City of Cupertino Assets managed by Chandler Asset Management are in full compliance with state law and with the City's investment policy. 15 104 Compliance As of September 30, 2022 Category Standard Comment Repurchase Agreements 1 year max maturity; 102% collateralized; A PSA Master Repurchase Agreement is required between City of Cupertino and the broke/dealer or financial institution for all repurchase agreements; Not used by investment adviser Complies Prohibited Securities Reverse Repurchase Agreement; Common stocks; Long-term (> 5 years maturity) notes and bonds; Special circumstances arise that necessitate purchase of securities beyond the 5-year limitation. On such occasions, request must be approved by City Council prior to purchase; Futures/Options; Inverse floaters; Ranges notes, Mortgage-derived, Interest-only strips; Zero interest accrual securities; Purchasing/selling securities on margin; Foreign currency denominated securities. Complies Minimum Budgeted Operating Expenditures in Short Term Investments Minimum 6 months of budgeted operating expenditures in short term investments to provide sufficient liquidity for expected disbursements Complies Max Per Issuer 5% per issuer, unless otherwise specified in the policy Complies Maximum maturity 5 years Complies City of Cupertino Assets managed by Chandler Asset Management are in full compliance with state law and with the City's investment policy. 16 105 Portfolio Characteristics City of Cupertino 09/30/22 06/30/22 Benchmark*Portfolio Portfolio Average Maturity (yrs)2.60 2.76 2.74 Average Modified Duration 2.48 2.38 2.39 Average Purchase Yield n/a 1.58%1.41% Average Market Yield 4.26%4.49%3.25% Average Quality**AAA AA/Aa1 AA+/Aa1 Total Market Value 145,810,488 148,744,657 *ICE BofA 1-5 Yr US Treasury & Agency Index **Benchmark is a blended rating of S&P, Moody’s, and Fitch. Portfolio is S&P and Moody’s respectively. As of September 30, 2022 17 106 City of Cupertino Sector Distribution ABS 13.7% Agency 18.7% CMO 5.3% Corporate 27.3% Money Market Fund 0.2% Municipal Bonds 0.5% Supranational 6.4% US Treasury 28.0% September 30, 2022 June 30, 2022 ABS 13.5% Agency 22.0% CMO 5.3%Corporate 26.7% Money Market Fund 0.9% Municipal Bonds 0.5% Supranational 7.8% US Treasury 23.3% As of September 30, 2022 18 107 Duration Allocation As of September 30, 2022 City of Cupertino 0 -0.25 0.25 -0.50 0.50 - 1 1 - 2 2 - 3 3 - 4 4 - 5 5+ 09/30/22 0.6%1.3%4.9%31.9%34.4%18.4%8.5%0.0% 0% 5% 10% 15% 20% 25% 30% 35% 40% 0 - 0.25 Years 0.25 - 0.5 Years 0.5 - 1 Years 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years 5+ Years ABS Agency CMO Corporate Money Market Fund Municipal Bonds Supranational US Treasury 19 108 Portfolio Allocation & Duration Changes City of Cupertino As of September 30, 2022 Benchmark: ICE BofA 1-5 Yr US Treasury & Agency Index 96.2%95.6% 98.6%100.8%99.3% 96.2% 98.4% 97.5% 80.0% 85.0% 90.0% 95.0% 100.0% 105.0% 110.0% 09/30/2206/30/2203/31/2212/31/2109/30/2106/30/2103/31/2112/31/20 Duration as a % of the Benchmark 0.9% 0.5% 5.3% 7.8% 13.5% 22.0% 26.7% 23.3% 0.2% 0.5% 5.3% 6.4% 13.7% 18.7% 27.3% 28.0% Money Market Fund Municipal Bonds CMO Supranational ABS Agency Corporate US Treasury Portfolio Allocation 09/30/22 06/30/22 20 109 Issue Name Investment Type % Portfolio Government of United States US Treasury 27.99% Federal National Mortgage Association Agency 8.91% Federal Home Loan Mortgage Corp CMO 5.28% Federal Home Loan Mortgage Corp Agency 4.98% Federal Home Loan Bank Agency 4.80% Inter-American Dev Bank Supranational 3.35% American Express ABS ABS 1.91% Hyundai Auto Receivables ABS 1.87% Royal Bank of Canada Corporate 1.70% Toyota Motor Corp Corporate 1.61% Bank of New York Corporate 1.60% Bank of America Corp Corporate 1.55% JP Morgan Chase & Co Corporate 1.54% International Finance Corp Supranational 1.54% Intl Bank Recon and Development Supranational 1.47% Toronto Dominion Holdings Corporate 1.44% John Deere ABS ABS 1.31% Honda ABS ABS 1.31% Northwestern Mutual Glbl Corporate 1.30% GM Financial Automobile Leasing Trust ABS 1.27% Paccar Financial Corporate 1.26% Toyota Lease Owner Trust ABS 1.23% Bank of Montreal Chicago Corporate 1.17% Amazon.com Inc Corporate 1.14% Air Products & Chemicals Corporate 1.13% Salesforce.com Inc Corporate 1.13% Metlife Inc Corporate 1.13% Prudential Financial Inc Corporate 1.11% Toyota ABS ABS 1.09% United Health Group Inc Corporate 1.08% New York Life Global Funding Corporate 1.07% Berkshire Hathaway Corporate 1.01% Hyundai Auto Lease Securitization ABS 0.89% Guardian Life Global Funding Corporate 0.84% US Bancorp Corporate 0.83% Caterpillar Inc Corporate 0.72% GM Financial Securitized Term Auto Trust ABS 0.68% Deere & Company Corporate 0.67% Issuers City of Cupertino –Account #10659 As of September 30, 2022 21 110 Issue Name Investment Type % Portfolio Mass Mutual Insurance Corporate 0.60% Charles Schwab Corp/The Corporate 0.59% BMW Vehicle Lease Trust ABS 0.58% Verizon Owner Trust ABS 0.54% State of California Municipal Bonds 0.50% Northern Trust Corp Corporate 0.45% Morgan Stanley Corporate 0.41% Verizon Master Trust ABS 0.39% BMW ABS ABS 0.35% Wal-Mart Stores Corporate 0.21% Nissan ABS ABS 0.21% Wells Fargo 100% Treasury MMKT Fund Money Market Fund 0.17% Mercedes-Benz Auto Lease Trust ABS 0.12% TOTAL 100.00% Issuers City of Cupertino –Account #10659 As of September 30, 2022 22 111 AAA AA A <A NR 09/30/22 16.3%55.6%18.9%0.0%9.2% 06/30/22 18.4%53.6%19.0%0.0%9.0% Source: S&P Ratings September 30, 2022 vs. June 30, 2022 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% AAA AA A <A NR 09/30/22 06/30/22 Quality Distribution City of Cupertino As of September 30, 2022 23 112 12-Month Earnings Investment Performance City of Cupertino As of September 30, 2022 Source: City of Cupertino Monthly Investment Report.Interest earnings include accrued interest and realized gains and losses on amortized cost. Investment Earnings October 2021 151,138 November 2021 176,398 December 2021 149,494 January 2022 160,604 February 2022 161,702 March 2022 167,198 April 2022 196,298 May 2022 176,436 June 2022 162,140 July 2022 103,214 August 2022 126,584 September 2022 184,997 Total 1,916,204 Change in Fair Value Unrealized Gain/Loss Position 9/30/2021 1,600,579 Unrealized Gain/Loss Position 9/30/2022 (10,173,183) Change in Fair Value (11,773,762) 24 113 Total Rate of Return Annualized Since Inception January 31, 2019 Total rate of return: A measure of a portfolio’s performance over time. It is the internal rate of return,which equates the beginning value of the portfolio with the ending value;it includes interest earnings,realized and unrealized gains and losses in the portfolio. Investment Performance City of Cupertino -8.00% -7.00% -6.00% -5.00% -4.00% -3.00% -2.00% -1.00% 0.00% 1.00% 12 months 2 years 3 years 5 years 10 years Since Inception City of Cupertino ICE BofA 1-5 Yr US Treasury & Agency Index Annualized TOTAL RATE OF RETURN 3 months 12 months 2 years 3 years 5 years 10 years Since Inception City of Cupertino Gross of Fees -1.96%-6.61%-3.35%-0.67%N/A N/A 0.25% ICE BofA 1-5 Yr US Treasury & Agency Index -2.28%-6.78%-3.63%-0.97%N/A N/A 0.13% City of Cupertino Net of Fees -1.97%-6.66%-3.41 -0.74 N/A N/A 0.18 As of September 30, 2022 25 114 Purchase Yield as of 09/30/22 = 1.58% 0.00 0.50 1.00 1.50 2.00 2.50 Pe r c e n t ( % ) Historical Average Purchase Yield City of Cupertino As of September 30, 2022 26 115 SECTION |Section 3 |Portfolio Holdings 27 116 Holdings Report City of Cupertino -Account #10659 CUSIP Security Description Par Value/Units Purchase Date Book Yield Cost Value Book Value Mkt Price Mkt YTM Market Value Accrued Int. % of Port. Gain/Loss Moody/S&P Fitch Maturity Duration ABS 43815NAC8 Honda Auto Receivables Trust 2019-3 A3 1.780% Due 08/15/2023 67,249.40 Various 1.93% 67,136.36 67,249.40 99.89 3.58% 67,175.09 53.20 0.05% (74.31) Aaa / AAA NR 0.87 0.06 58769EAC2 Mercedes-Benz Auto Lease Trust 2020-B A3 0.400% Due 11/15/2023 174,585.04 09/15/2020 0.40% 174,576.19 174,583.93 99.48 3.67% 173,675.98 31.04 0.12% (907.95) NR / AAA AAA 1.13 0.16 477870AC3 John Deere Owner Trust 2019-B A3 2.210% Due 12/15/2023 56,564.67 08/27/2019 1.79% 57,088.34 56,711.52 99.88 3.61% 56,498.48 55.56 0.04% (213.04) Aaa / NR AAA 1.21 0.08 92348AAA3 Verizon Owner Trust 2019-C A1A 1.940% Due 04/22/2024 87,146.08 10/01/2019 1.95% 87,139.36 87,143.77 99.77 3.38% 86,942.59 51.66 0.06% (201.18) NR / AAA AAA 1.56 0.16 89238EAC0 Toyota Lease Owner Trust 2021-A A3 0.390% Due 04/22/2024 700,000.00 03/23/2022 2.16% 686,000.00 690,889.71 98.08 4.52% 686,592.20 83.42 0.47% (4,297.51) Aaa / AAA NR 1.56 0.46 44891VAC5 Hyundai Auto Lease Trust 2021-B A3 0.330% Due 06/17/2024 790,000.00 06/08/2021 0.34% 789,881.50 789,949.63 97.56 4.63% 770,739.80 115.87 0.53% (19,209.83) Aaa / AAA NR 1.72 0.57 65479JAD5 Nissan Auto Receivables Owner 2019-C A3 1.930% Due 07/15/2024 304,874.18 Various 1.70% 306,386.60 305,513.84 99.62 3.76% 303,720.23 261.52 0.21% (1,793.61) Aaa / AAA NR 1.79 0.21 43813DAC2 Honda Auto Receivables 2020-2 A3 0.820% Due 07/15/2024 77,492.52 05/18/2020 0.83% 77,486.43 77,489.89 99.54 1.94% 77,134.27 28.24 0.05% (355.62) Aaa / AAA NR 1.79 0.41 47789KAC7 John Deere Owner Trust 2020-A A3 1.100% Due 08/15/2024 102,654.91 03/04/2020 1.11% 102,648.63 102,652.26 99.01 4.14% 101,636.57 50.19 0.07% (1,015.69) Aaa / NR AAA 1.88 0.32 43813KAC6 Honda Auto Receivables Trust 2020-3 A3 0.370% Due 10/18/2024 379,188.47 09/22/2020 0.38% 379,132.77 379,168.38 97.82 4.54% 370,927.47 50.66 0.25% (8,240.91) NR / AAA AAA 2.05 0.52 36262XAC8 GM Financial Auto Lease Trust 2021-3 A2 0.390% Due 10/21/2024 965,000.00 08/10/2021 0.39% 964,986.88 964,992.94 96.64 4.56% 932,596.27 115.00 0.64% (32,396.67) NR / AAA AAA 2.06 0.81 47787NAC3 John Deere Owner Trust 2020-B A3 0.510% Due 11/15/2024 129,233.47 07/14/2020 0.52% 129,213.77 129,226.18 98.05 4.85% 126,715.35 29.29 0.09% (2,510.83) Aaa / NR AAA 2.13 0.45 09690AAC7 BMW Vehicle Lease Trust 2021-2 A3 0.330% Due 12/26/2024 425,000.00 09/08/2021 0.34% 424,956.14 424,976.25 97.15 4.51% 412,881.13 23.38 0.28% (12,095.12) Aaa / NR AAA 2.24 0.68 89236XAC0 Toyota Auto Receivables 2020-D A3 0.350% Due 01/15/2025 288,227.20 10/06/2020 0.36% 288,173.49 288,198.29 98.07 4.58% 282,655.19 44.84 0.19% (5,543.10) NR / AAA AAA 2.30 0.46 44891WAC3 Hyundai Auto Lease Trust 2022-A A3 1.160% Due 01/15/2025 540,000.00 01/11/2022 1.16% 539,988.07 539,991.79 96.28 4.51% 519,908.22 278.40 0.36% (20,083.57) Aaa / AAA NR 2.30 1.12 92290BAA9 Verizon Owner Trust 2020-B A 0.470% Due 02/20/2025 703,950.04 08/04/2020 0.48% 703,802.21 703,871.97 98.46 4.20% 693,125.40 101.10 0.48% (10,746.57) Aaa / NR AAA 2.39 0.41 89238LAC4 Toyota Lease Owner Trust 2022-A A3 1.960% Due 02/20/2025 1,150,000.00 02/23/2022 1.98% 1,149,818.99 1,149,865.16 96.40 4.67% 1,108,602.30 688.72 0.76% (41,262.86) NR / AAA AAA 2.39 1.35 As of September 30, 2022 28 117 Holdings Report City of Cupertino -Account #10659 CUSIP Security Description Par Value/Units Purchase Date Book Yield Cost Value Book Value Mkt Price Mkt YTM Market Value Accrued Int. % of Port. Gain/Loss Moody/S&P Fitch Maturity Duration 36265MAC9 GM Financial Auto Lease Trust 2022-1 A3 1.900% Due 03/20/2025 945,000.00 02/15/2022 1.91% 944,991.87 944,994.14 96.55 4.71% 912,413.57 548.63 0.63% (32,580.57) Aaa / NR AAA 2.47 1.24 05601XAC3 BMW Vehicle Lease Trust 2022-1 A3 1.100% Due 03/25/2025 450,000.00 01/11/2022 1.11% 449,932.73 449,954.28 96.29 4.76% 433,289.25 82.50 0.30% (16,665.03) NR / AAA AAA 2.48 1.02 43813GAC5 Honda Auto Receivables Trust 2021-1 A3 0.270% Due 04/21/2025 257,144.76 02/17/2021 0.27% 257,140.06 257,142.51 97.08 4.95% 249,643.59 19.29 0.17% (7,498.92) Aaa / NR AAA 2.56 0.62 89240BAC2 Toyota Auto Receivables Owners 2021-A A3 0.260% Due 05/15/2025 921,202.94 02/02/2021 0.27% 921,031.97 921,122.67 97.43 4.30% 897,559.35 106.45 0.62% (23,563.32) Aaa / NR AAA 2.62 0.63 44933LAC7 Hyundai Auto Receivables Trust 2021-A A3 0.380% Due 09/15/2025 515,000.00 04/20/2021 0.38% 514,945.82 514,971.18 96.68 4.59% 497,884.49 86.98 0.34% (17,086.69) NR / AAA AAA 2.96 0.79 43815GAC3 Honda Auto Receivables Trust 2021-4 A3 0.880% Due 01/21/2026 460,000.00 11/16/2021 0.89% 459,903.03 459,928.48 94.61 4.70% 435,211.98 112.44 0.30% (24,716.50) Aaa / NR AAA 3.31 1.43 47789QAC4 John Deere Owner Trust 2021-B A3 0.520% Due 03/16/2026 580,000.00 07/13/2021 0.52% 579,948.26 579,965.22 94.50 4.71% 548,115.08 134.04 0.38% (31,850.14) Aaa / NR AAA 3.46 1.33 89238JAC9 Toyota Auto Receivables Trust 2021-D A3 0.710% Due 04/15/2026 430,000.00 11/09/2021 0.71% 429,990.84 429,993.31 94.72 4.62% 407,311.48 135.69 0.28% (22,681.83) NR / AAA AAA 3.54 1.37 43815BAC4 Honda Auto Receivables Trust 2022-1 A3 1.880% Due 05/15/2026 740,000.00 02/15/2022 1.89% 739,888.70 739,909.50 95.03 4.81% 703,226.44 618.31 0.48% (36,683.06) Aaa / AAA NR 3.62 1.73 44935FAD6 Hyundai Auto Receivables Trust 2021-C A3 0.740% Due 05/15/2026 1,330,000.00 Various 2.02% 1,296,371.65 1,302,679.36 94.36 4.93% 1,255,042.54 437.42 0.86% (47,636.82) NR / AAA AAA 3.62 1.37 05602RAD3 BMW Vehicle Owner Trust 2022-A A3 3.210% Due 08/25/2026 530,000.00 05/10/2022 3.23% 529,972.44 529,975.75 97.34 4.81% 515,911.01 283.55 0.35% (14,064.74) Aaa / AAA NR 3.90 1.70 362554AC1 GM Financial Securitized Term 2021-4 A3 0.680% Due 09/16/2026 350,000.00 10/13/2021 0.68% 349,991.08 349,993.56 94.24 5.04% 329,844.55 99.17 0.23% (20,149.01) Aaa / AAA NR 3.96 1.34 47787JAC2 John Deere Owner Trust 2022-A A3 2.320% Due 09/16/2026 450,000.00 03/10/2022 2.34% 449,900.46 449,915.95 95.59 5.00% 430,176.60 464.00 0.30% (19,739.35) Aaa / NR AAA 3.96 1.67 448977AD0 Hyundai Auto Receivables Trust 2022-A A3 2.220% Due 10/15/2026 1,010,000.00 03/09/2022 2.23% 1,009,961.12 1,009,967.64 95.93 4.62% 968,878.86 996.53 0.67% (41,088.78) NR / AAA AAA 4.04 1.72 380146AC4 GM Financial Auto Receivables 2022-1 A3 1.260% Due 11/16/2026 295,000.00 01/11/2022 1.27% 294,974.36 294,979.75 95.13 4.79% 280,644.42 154.88 0.19% (14,335.33) NR / AAA AAA 4.13 1.40 362585AC5 GM Financial Securitized ART 2022-2 A3 3.100% Due 02/16/2027 390,000.00 04/05/2022 3.13% 389,918.49 389,929.62 96.93 4.92% 378,032.07 503.75 0.26% (11,897.55) Aaa / AAA NR 4.38 1.72 47800AAC4 John Deere Owner Trust 2022-B A3 3.740% Due 02/16/2027 655,000.00 07/12/2022 3.77% 654,937.45 654,940.95 97.65 4.86% 639,635.67 1,088.76 0.44% (15,305.28) Aaa / NR AAA 4.38 2.16 02589BAA8 American Express Credit Accoun 22-1 A 2.210% Due 03/15/2027 1,545,000.00 03/21/2022 2.69% 1,524,359.77 1,528,002.16 94.37 4.69% 1,458,047.40 1,517.53 1.00% (69,954.76) Aaa / NR AAA 4.46 2.32 As of September 30, 2022 29 118 Holdings Report City of Cupertino -Account #10659 CUSIP Security Description Par Value/Units Purchase Date Book Yield Cost Value Book Value Mkt Price Mkt YTM Market Value Accrued Int. % of Port. Gain/Loss Moody/S&P Fitch Maturity Duration 02582JJT8 American Express Credit Trust 2022-2 A 3.390% Due 05/17/2027 1,375,000.00 05/17/2022 3.42% 1,374,695.85 1,374,732.22 96.77 4.75% 1,330,587.50 2,071.67 0.91% (44,144.72) NR / AAA AAA 4.63 2.44 92348KAV5 Verizon Master Trust 2022-5 A1A 3.720% Due 07/20/2027 570,000.00 08/02/2022 3.75% 569,974.92 569,976.18 99.05 4.51% 564,562.20 647.90 0.39% (5,413.98) NR / AAA AAA 4.81 1.79 TOTAL ABS 20,739,513.68 1.70% 20,671,246.60 20,685,549.34 4.62% 20,007,544.59 12,171.58 13.73% (678,004.75) Aaa / AAA Aaa 3.17 1.30 Agency 3137EAFA2 FHLMC Note 0.250% Due 12/04/2023 1,755,000.00 12/02/2020 0.28% 1,753,262.55 1,754,319.30 95.43 4.27% 1,674,736.83 1,425.94 1.15% (79,582.47) Aaa / AA+ AAA 1.18 1.15 3130A0F70 FHLB Note 3.375% Due 12/08/2023 2,100,000.00 Various 1.75% 2,222,418.00 2,139,036.24 98.80 4.42% 2,074,701.30 22,246.88 1.44% (64,334.94) Aaa / AA+ AAA 1.19 1.14 3130A0XE5 FHLB Note 3.250% Due 03/08/2024 1,500,000.00 03/28/2019 2.27% 1,568,115.00 1,519,763.16 98.48 4.35% 1,477,125.00 3,114.58 1.02% (42,638.16) Aaa / AA+ NR 1.44 1.38 3130A1XJ2 FHLB Note 2.875% Due 06/14/2024 1,500,000.00 06/18/2019 1.96% 1,564,890.20 1,522,152.42 97.52 4.40% 1,462,732.50 12,817.70 1.01% (59,419.92) Aaa / AA+ NR 1.71 1.63 3135G0V75 FNMA Note 1.750% Due 07/02/2024 1,500,000.00 07/16/2019 1.96% 1,484,895.00 1,494,664.90 95.77 4.28% 1,436,532.00 6,489.58 0.99% (58,132.90) Aaa / AA+ AAA 1.76 1.69 3130A2UW4 FHLB Note 2.875% Due 09/13/2024 2,000,000.00 09/13/2019 1.79% 2,103,380.00 2,040,411.15 97.26 4.35% 1,945,150.00 2,875.00 1.34% (95,261.15) Aaa / AA+ AAA 1.96 1.87 3135G0W66 FNMA Note 1.625% Due 10/15/2024 1,975,000.00 Various 1.73% 1,965,802.75 1,971,141.61 94.91 4.25% 1,874,515.95 14,798.79 1.30% (96,625.66) Aaa / AA+ AAA 2.04 1.96 3135G0X24 FNMA Note 1.625% Due 01/07/2025 1,295,000.00 Various 1.38% 1,309,953.95 1,302,048.29 94.36 4.26% 1,221,932.22 4,910.21 0.84% (80,116.07) Aaa / AA+ AAA 2.27 2.18 3137EAEP0 FHLMC Note 1.500% Due 02/12/2025 2,365,000.00 02/13/2020 1.52% 2,363,178.95 2,364,136.87 93.94 4.22% 2,221,593.50 4,828.54 1.53% (142,543.37) Aaa / AA+ AAA 2.37 2.28 3135G03U5 FNMA Note 0.625% Due 04/22/2025 1,860,000.00 04/22/2020 0.67% 1,856,168.40 1,858,037.99 91.14 4.32% 1,695,215.16 5,134.38 1.17% (162,822.83) Aaa / AA+ AAA 2.56 2.48 3135G04Z3 FNMA Note 0.500% Due 06/17/2025 2,500,000.00 Various 0.50% 2,499,227.30 2,499,695.19 90.39 4.29% 2,259,857.50 3,611.11 1.55% (239,837.69) Aaa / AA+ AAA 2.72 2.64 3137EAEU9 FHLMC Note 0.375% Due 07/21/2025 1,250,000.00 07/21/2020 0.48% 1,243,775.00 1,246,505.26 89.73 4.30% 1,121,616.25 911.46 0.77% (124,889.01) Aaa / AA+ AAA 2.81 2.73 3135G05X7 FNMA Note 0.375% Due 08/25/2025 2,500,000.00 Various 0.48% 2,487,983.75 2,492,822.39 89.43 4.29% 2,235,740.00 937.51 1.53% (257,082.39) Aaa / AA+ AAA 2.90 2.83 3137EAEX3 FHLMC Note 0.375% Due 09/23/2025 2,500,000.00 Various 0.46% 2,489,362.80 2,493,522.24 89.25 4.25% 2,231,302.50 208.33 1.53% (262,219.74) Aaa / AA+ AAA 2.98 2.90 As of September 30, 2022 30 119 Holdings Report City of Cupertino -Account #10659 CUSIP Security Description Par Value/Units Purchase Date Book Yield Cost Value Book Value Mkt Price Mkt YTM Market Value Accrued Int. % of Port. Gain/Loss Moody/S&P Fitch Maturity Duration 3135G06G3 FNMA Note 0.500% Due 11/07/2025 2,500,000.00 Various 0.56% 2,492,700.00 2,495,456.73 89.07 4.30% 2,226,725.00 5,000.00 1.53% (268,731.73) Aaa / AA+ AAA 3.11 3.01 TOTAL Agency 29,100,000.00 1.13% 29,405,113.65 29,193,713.74 4.30% 27,159,475.71 89,310.01 18.69% (2,034,238.03) Aaa / AA+ Aaa 2.24 2.17 CMO 3137B4WB8 FHLMC K033 A2 3.060% Due 07/25/2023 1,000,000.00 08/13/2019 2.02% 1,037,656.25 1,007,772.00 98.97 4.34% 989,747.00 510.00 0.68% (18,025.00) Aaa / NR NR 0.82 0.65 3137B5JM6 FHLMC K034 A2 3.531% Due 07/25/2023 1,000,000.00 09/26/2019 2.00% 1,053,867.19 1,011,484.96 99.24 4.33% 992,359.00 2,942.50 0.68% (19,125.96) NR / NR AAA 0.82 0.69 3137B7MZ9 FHLMC K036 A2 3.527% Due 10/25/2023 1,000,000.00 08/19/2019 1.92% 1,061,914.06 1,015,793.16 99.06 4.35% 990,633.00 587.83 0.68% (25,160.16) Aaa / NR AAA 1.07 0.89 3137BFE98 FHLMC K041 A2 3.171% Due 10/25/2024 1,300,000.00 07/01/2021 0.72% 1,398,414.06 1,360,863.52 97.23 4.58% 1,263,974.40 3,435.25 0.87% (96,889.12) Aaa / AAA AAA 2.07 1.87 3137BLMZ8 FHLMC K049 A2 3.010% Due 07/25/2025 1,000,000.00 07/01/2021 0.87% 1,079,687.50 1,054,987.11 95.85 4.62% 958,518.00 2,508.33 0.66% (96,469.11) NR / NR AAA 2.82 2.53 3137BLW95 FHLMC K050 A2 3.334% Due 08/25/2025 950,000.00 11/16/2021 1.17% 1,018,132.81 1,002,196.49 96.59 4.62% 917,562.32 2,639.42 0.63% (84,634.17) NR / NR AAA 2.90 2.57 3137BM7C4 FHLMC K051 A2 3.308% Due 09/25/2025 440,000.00 03/15/2022 2.21% 453,079.69 451,039.55 96.42 4.62% 424,239.64 1,212.93 0.29% (26,799.91) NR / NR AAA 2.99 2.65 3137BN6G4 FHLMC KO53 2.995% Due 12/25/2025 570,000.00 03/15/2022 2.29% 582,001.17 580,285.47 95.30 4.62% 543,203.16 1,422.63 0.37% (37,082.31) NR / NR AAA 3.24 2.86 3137BSP72 FHLMC K058 A2 2.653% Due 08/25/2026 650,000.00 11/12/2021 1.35% 687,451.17 680,519.00 93.16 4.59% 605,518.55 1,437.04 0.42% (75,000.45) NR / NR AAA 3.90 3.57 TOTAL CMO 7,910,000.00 1.51% 8,372,203.90 8,164,941.26 4.50% 7,685,755.07 16,695.93 5.28% (479,186.19) Aaa / AAA Aaa 2.09 1.85 Corporate 24422EVN6 John Deere Capital Corp Note 0.450% Due 01/17/2024 1,030,000.00 03/01/2021 0.47% 1,029,268.70 1,029,670.25 94.83 4.60% 976,768.57 952.75 0.67% (52,901.68) A2 / A A 1.30 1.26 89114QCA4 Toronto Dominion Bank Note 2.650% Due 06/12/2024 1,500,000.00 09/11/2019 2.24% 1,527,255.00 1,509,745.16 96.05 5.10% 1,440,729.00 12,035.42 1.00% (69,016.16) A1 / A AA- 1.70 1.62 06367TQW3 Bank of Montreal Note 0.625% Due 07/09/2024 600,000.00 02/09/2022 1.89% 582,216.00 586,909.84 92.61 5.03% 555,667.20 854.17 0.38% (31,242.64) A2 / A- AA- 1.78 1.72 As of September 30, 2022 31 120 Holdings Report City of Cupertino -Account #10659 CUSIP Security Description Par Value/Units Purchase Date Book Yield Cost Value Book Value Mkt Price Mkt YTM Market Value Accrued Int. % of Port. Gain/Loss Moody/S&P Fitch Maturity Duration 79466LAG9 Salesforce.com Inc Callable Note Cont 7/15/2022 0.625% Due 07/15/2024 1,760,000.00 Various 0.87% 1,748,937.40 1,752,455.42 93.24 4.60% 1,640,939.52 2,322.23 1.13% (111,515.90) A2 / A+ NR 1.79 1.74 78013XZU5 Royal Bank of Canada Note 2.550% Due 07/16/2024 1,500,000.00 Various 1.98% 1,533,359.18 1,514,518.80 95.92 4.95% 1,438,746.00 7,968.76 0.99% (75,772.80) A1 / A AA- 1.79 1.71 91159HHX1 US Bancorp Callable Note Cont 6/28/2024 2.400% Due 07/30/2024 1,250,000.00 10/10/2019 2.07% 1,268,262.50 1,256,760.74 95.95 4.73% 1,199,398.75 5,083.33 0.83% (57,361.99) A2 / A+ A+ 1.83 1.76 009158AV8 Air Products & Chemicals Callable Note Cont 4/30/2024 3.350% Due 07/31/2024 1,675,000.00 08/07/2019 2.07% 1,771,212.00 1,707,163.57 98.05 4.47% 1,642,287.25 9,507.95 1.13% (64,876.32) A2 / A NR 1.84 1.74 69371RR40 Paccar Financial Corp Note 0.500% Due 08/09/2024 680,000.00 08/03/2021 0.52% 679,632.80 679,772.85 92.71 4.64% 630,397.40 491.11 0.43% (49,375.45) A1 / A+ NR 1.86 1.81 69371RQ25 Paccar Financial Corp Note 2.150% Due 08/15/2024 370,000.00 08/08/2019 2.20% 369,182.30 369,693.87 95.45 4.71% 353,165.00 1,016.47 0.24% (16,528.87) A1 / A+ NR 1.88 1.80 14913Q3B3 Caterpillar Finl Service Note 2.150% Due 11/08/2024 1,100,000.00 01/28/2020 1.92% 1,111,517.00 1,105,078.31 95.13 4.60% 1,046,463.00 9,394.31 0.72% (58,615.31) A2 / A A 2.11 2.00 74153WCQ0 Pricoa Global Funding Note 1.150% Due 12/06/2024 885,000.00 12/01/2021 1.19% 884,088.45 884,335.92 92.28 4.92% 816,642.60 3,251.15 0.56% (67,693.32) Aa3 / AA- AA- 2.19 2.10 89114TZL9 Toronto-Dominion Bank Note 1.450% Due 01/10/2025 700,000.00 03/15/2022 2.79% 674,737.00 679,593.38 92.59 4.93% 648,130.70 2,283.75 0.45% (31,462.68) A1 / A NR 2.28 2.19 89236TJT3 Toyota Motor Credit Corp Note 1.450% Due 01/13/2025 1,215,000.00 01/10/2022 1.50% 1,213,371.90 1,213,759.61 92.73 4.85% 1,126,675.58 3,817.13 0.78% (87,084.03) A1 / A+ A+ 2.29 2.20 64952WEK5 New York Life Global Note 1.450% Due 01/14/2025 1,680,000.00 01/11/2022 1.49% 1,678,185.60 1,678,616.02 92.51 4.95% 1,554,142.80 5,210.33 1.07% (124,473.22) Aaa / AA+ AAA 2.29 2.20 69371RR73 Paccar Financial Corp Note 2.850% Due 04/07/2025 885,000.00 03/31/2022 2.86% 884,769.90 884,807.06 95.62 4.72% 846,201.60 12,190.88 0.59% (38,605.46) A1 / A+ NR 2.52 2.36 78016EZ59 Royal Bank of Canada Note 3.375% Due 04/14/2025 1,050,000.00 04/07/2022 3.39% 1,049,611.50 1,049,671.76 96.11 5.02% 1,009,171.80 16,439.06 0.70% (40,499.96) A1 / A AA- 2.54 2.35 06406RBC0 Bank of NY Mellon Corp Callable Note Cont 3/25/2025 3.350% Due 04/25/2025 1,370,000.00 04/19/2022 3.35% 1,369,808.20 1,369,835.88 96.60 4.77% 1,323,377.53 19,760.35 0.92% (46,458.35) A1 / A AA- 2.57 2.39 06367WB85 Bank of Montreal Note 1.850% Due 05/01/2025 1,240,000.00 07/23/2021 0.85% 1,285,656.80 1,271,335.05 92.02 5.19% 1,140,987.24 9,558.33 0.79% (130,347.81) A2 / A- AA- 2.59 2.45 46647PCH7 JP Morgan Chase & Co Callable Note Cont 6/1/2024 0.824% Due 06/01/2025 1,370,000.00 05/24/2021 0.78% 1,371,773.90 1,370,985.68 92.60 4.81% 1,268,610.42 3,762.93 0.87% (102,375.26) A1 / A- AA- 2.67 2.56 As of September 30, 2022 32 121 Holdings Report City of Cupertino -Account #10659 CUSIP Security Description Par Value/Units Purchase Date Book Yield Cost Value Book Value Mkt Price Mkt YTM Market Value Accrued Int. % of Port. Gain/Loss Moody/S&P Fitch Maturity Duration 46647PCK0 JP Morgan Chase & Co Callable Note Cont 6/23/2024 0.969% Due 06/23/2025 655,000.00 Various 0.95% 655,406.85 655,234.45 92.52 4.86% 606,013.86 1,727.78 0.42% (49,220.59) A1 / A- AA- 2.73 2.62 66815L2J7 Northwestern Mutual Glbl Note 4.000% Due 07/01/2025 1,170,000.00 06/27/2022 4.01% 1,169,602.20 1,169,635.59 97.42 5.01% 1,139,770.71 11,700.00 0.79% (29,864.88) Aaa / AA+ AAA 2.75 2.54 74153WCM9 Pricoa Global Funding Note 0.800% Due 09/01/2025 904,000.00 04/06/2022 3.26% 832,972.72 843,037.78 88.73 5.00% 802,102.02 602.67 0.55% (40,935.76) Aa3 / AA- AA- 2.92 2.82 06406HCQ0 Bank of New York Callable Note Cont 10/18/2025 3.950% Due 11/18/2025 1,000,000.00 04/05/2022 3.20% 1,024,910.00 1,021,492.12 97.34 4.87% 973,390.00 14,593.06 0.68% (48,102.12) A1 / A AA- 3.14 2.86 40139LBC6 Guardian Life Glob Fun Note 0.875% Due 12/10/2025 1,400,000.00 Various 1.12% 1,385,860.00 1,389,204.76 87.37 5.22% 1,223,180.00 3,777.08 0.84% (166,024.76) Aa1 / AA+ NR 3.20 3.06 66815L2A6 Northwestern Mutual Glbl Note 0.800% Due 01/14/2026 850,000.00 12/06/2021 1.47% 827,449.50 831,920.46 87.62 4.92% 744,804.00 1,454.44 0.51% (87,116.46) Aaa / AA+ AAA 3.29 3.17 06051GHY8 Bank of America Corp Callable Note Cont 2/13/2025 2.015% Due 02/13/2026 600,000.00 05/24/2021 1.05% 620,988.00 613,374.25 91.68 5.41% 550,082.40 1,612.00 0.38% (63,291.85) A2 / A- AA- 3.38 3.17 46647PBK1 JP Morgan Chase & Co Callable Note Cont 4/22/2025 2.083% Due 04/22/2026 401,000.00 05/20/2021 1.11% 415,969.33 410,784.01 91.12 5.61% 365,397.62 3,689.17 0.25% (45,386.39) A1 / A- AA- 3.56 3.31 6174468Q5 Morgan Stanley Callable Note Cont 4/28/2025 2.188% Due 04/28/2026 650,000.00 05/23/2022 4.35% 615,699.50 618,785.11 91.74 5.51% 596,313.25 6,044.35 0.41% (22,471.86) A1 / A- A 3.58 3.32 023135BX3 Amazon.com Inc Callable Note Cont 4/12/2026 1.000% Due 05/12/2026 1,875,000.00 05/10/2021 1.09% 1,866,900.00 1,869,149.01 87.88 4.68% 1,647,718.13 7,239.58 1.14% (221,430.88) A1 / AA AA- 3.62 3.46 91324PEC2 United Health Group Inc Callable Note Cont 4/15/2026 1.150% Due 05/15/2026 1,035,000.00 Various 1.37% 1,025,051.35 1,026,824.18 88.53 4.62% 916,299.99 4,496.50 0.63% (110,524.19) A3 / A+ A 3.62 3.46 89236TJK2 Toyota Motor Credit Corp Note 1.125% Due 06/18/2026 1,385,000.00 06/15/2021 1.13% 1,384,390.60 1,384,547.46 87.51 4.84% 1,211,991.34 4,457.97 0.83% (172,556.12) A1 / A+ A+ 3.72 3.55 06051GJD2 Bank of America Corp Callable Note Cont 6/19/2025 1.319% Due 06/19/2026 700,000.00 07/16/2021 1.27% 701,274.00 700,883.78 88.77 5.41% 621,411.00 2,616.02 0.43% (79,472.78) A2 / A- AA- 3.72 3.52 57629WDE7 Mass Mutual Global funding Note 1.200% Due 07/16/2026 1,000,000.00 08/19/2021 1.15% 1,002,230.00 1,001,726.13 86.88 5.04% 868,843.00 2,500.00 0.60% (132,883.13) Aa3 / AA+ AA+ 3.79 3.61 58989V2D5 Met Tower Global Funding Note 1.250% Due 09/14/2026 770,000.00 09/07/2021 1.27% 769,291.60 769,439.80 86.05 5.20% 662,551.89 454.51 0.45% (106,887.91) Aa3 / AA- AA- 3.96 3.76 As of September 30, 2022 33 122 Holdings Report City of Cupertino -Account #10659 CUSIP Security Description Par Value/Units Purchase Date Book Yield Cost Value Book Value Mkt Price Mkt YTM Market Value Accrued Int. % of Port. Gain/Loss Moody/S&P Fitch Maturity Duration 931142ER0 Wal-Mart Stores Callable Note Cont 08/17/2026 1.050% Due 09/17/2026 350,000.00 09/08/2021 1.09% 349,338.50 349,475.80 87.29 4.59% 305,518.50 142.92 0.21% (43,957.30) Aa2 / AA AA 3.97 3.80 59217GER6 Metlife Note 1.875% Due 01/11/2027 1,115,000.00 01/03/2022 1.90% 1,113,728.90 1,113,911.98 87.50 5.17% 975,602.70 4,645.83 0.67% (138,309.28) Aa3 / AA- AA- 4.28 4.00 808513BY0 Charles Schwab Corp Callable Note Cont 2/3/2027 2.450% Due 03/03/2027 960,000.00 03/01/2022 2.46% 959,729.90 959,760.67 89.78 5.06% 861,889.92 1,829.34 0.59% (97,870.75) A2 / A A 4.42 4.09 084664CZ2 Berkshire Hathaway Callable Note Cont 2/15/2027 2.300% Due 03/15/2027 1,615,000.00 03/07/2022 2.30% 1,614,693.15 1,614,726.76 91.05 4.54% 1,470,501.11 1,650.89 1.01% (144,225.65) Aa2 / AA A+ 4.46 4.15 06051GHT9 Bank of America Corp Callable Note 1X 4/23/2026 3.559% Due 04/23/2027 1,150,000.00 Various 4.55% 1,114,222.54 1,115,370.26 92.35 5.74% 1,062,028.45 17,963.07 0.74% (53,341.81) A2 / A- AA- 4.56 4.05 665859AW4 Northern Trust Company Callable Note Cont 4/10/2027 4.000% Due 05/10/2027 670,000.00 05/05/2022 4.04% 668,914.60 669,000.20 96.47 4.86% 646,355.70 10,496.67 0.45% (22,644.50) A2 / A+ A+ 4.61 4.08 91324PEG3 United Health Group Inc Callable Note Cont 4/15/2027 3.700% Due 05/15/2027 675,000.00 05/17/2022 3.69% 675,316.70 675,293.40 95.18 4.88% 642,453.53 9,088.12 0.45% (32,839.87) A3 / A+ A 4.62 4.12 TOTAL Corporate 42,790,000.00 1.96% 42,826,786.07 42,718,287.13 4.91% 39,552,721.08 238,682.38 27.29% (3,165,566.05) A1 / A+ AA- 2.88 2.71 Money Market Fund 94975H270 Wells Fargo 100% Treasury Money Mkt Fund 244,200.48 Various 2.14% 244,200.48 244,200.48 1.00 2.14% 244,200.48 0.00 0.17% 0.00 Aaa / AAA NR 0.00 0.00 TOTAL Money Market Fund 244,200.48 2.14% 244,200.48 244,200.48 2.14% 244,200.48 0.00 0.17% 0.00 Aaa / AAA NR 0.00 0.00 Municipal Bonds 13063DRK6 California State Taxable GO 2.400% Due 10/01/2024 755,000.00 10/16/2019 1.91% 772,342.35 762,027.30 96.10 4.46% 725,577.65 9,060.00 0.50% (36,449.65) Aa2 / AA- AA 2.01 1.90 TOTAL Municipal Bonds 755,000.00 1.91% 772,342.35 762,027.30 4.46% 725,577.65 9,060.00 0.50% (36,449.65) Aa2 / AA- AA 2.01 1.90 Supranational 4581X0DP0 Inter-American Dev Bank Note 0.250% Due 11/15/2023 2,800,000.00 07/01/2021 0.37% 2,792,300.00 2,796,337.59 95.84 4.07% 2,683,520.00 2,644.44 1.84% (112,817.59) Aaa / AAA NR 1.13 1.10 As of September 30, 2022 34 123 Holdings Report City of Cupertino -Account #10659 CUSIP Security Description Par Value/Units Purchase Date Book Yield Cost Value Book Value Mkt Price Mkt YTM Market Value Accrued Int. % of Port. Gain/Loss Moody/S&P Fitch Maturity Duration 45950KCT5 International Finance Corp Note 0.375% Due 07/16/2025 2,500,000.00 05/27/2021 0.66% 2,471,150.00 2,480,479.32 89.72 4.32% 2,243,075.00 1,953.13 1.54% (237,404.32) Aaa / AAA NR 2.79 2.72 459058JL8 Intl. Bank Recon & Development Note 0.500% Due 10/28/2025 2,400,000.00 Various 0.60% 2,388,859.25 2,392,712.69 88.98 4.37% 2,135,402.41 5,100.01 1.47% (257,310.28) Aaa / AAA AAA 3.08 2.98 4581X0DV7 Inter-American Dev Bank Note 0.875% Due 04/20/2026 2,460,000.00 04/13/2021 0.97% 2,448,733.20 2,451,997.24 88.72 4.33% 2,182,487.40 9,626.46 1.50% (269,509.84) Aaa / AAA AAA 3.56 3.42 TOTAL Supranational 10,160,000.00 0.64% 10,101,042.45 10,121,526.84 4.26% 9,244,484.81 19,324.04 6.35% (877,042.03) Aaa / AAA Aaa 2.56 2.48 US Treasury 912828V23 US Treasury Note 2.250% Due 12/31/2023 1,500,000.00 06/21/2019 1.80% 1,529,472.66 1,508,140.24 97.56 4.27% 1,463,379.00 8,529.21 1.01% (44,761.24) Aaa / AA+ AAA 1.25 1.21 912828B66 US Treasury Note 2.750% Due 02/15/2024 2,000,000.00 Various 2.14% 2,053,613.28 2,016,000.06 97.88 4.35% 1,957,656.00 7,024.45 1.35% (58,344.06) Aaa / AA+ AAA 1.38 1.33 91282CBR1 US Treasury Note 0.250% Due 03/15/2024 1,450,000.00 03/30/2021 0.33% 1,446,488.28 1,448,273.40 94.32 4.31% 1,367,644.35 160.22 0.94% (80,629.05) Aaa / AA+ AAA 1.46 1.43 912828X70 US Treasury Note 2.000% Due 04/30/2024 1,700,000.00 06/10/2019 1.92% 1,705,976.56 1,701,931.92 96.48 4.32% 1,640,168.50 14,228.26 1.13% (61,763.42) Aaa / AA+ AAA 1.58 1.52 912828XX3 US Treasury Note 2.000% Due 06/30/2024 2,000,000.00 Various 1.80% 2,018,574.22 2,006,712.35 96.18 4.29% 1,923,594.00 10,108.69 1.33% (83,118.35) Aaa / AA+ AAA 1.75 1.68 912828D56 US Treasury Note 2.375% Due 08/15/2024 1,700,000.00 09/18/2019 1.71% 1,753,191.41 1,720,302.97 96.60 4.28% 1,642,160.90 5,156.59 1.13% (78,142.07) Aaa / AA+ AAA 1.88 1.80 912828YY0 US Treasury Note 1.750% Due 12/31/2024 2,100,000.00 03/15/2022 1.97% 2,087,203.13 2,089,697.33 94.79 4.20% 1,990,653.00 9,287.36 1.37% (99,044.33) Aaa / AA+ AAA 2.25 2.16 912828ZC7 US Treasury Note 1.125% Due 02/28/2025 1,500,000.00 03/18/2020 0.81% 1,523,144.53 1,511,284.08 92.89 4.25% 1,393,417.50 1,445.10 0.96% (117,866.58) Aaa / AA+ AAA 2.42 2.34 91282CED9 US Treasury Note 1.750% Due 03/15/2025 3,100,000.00 Various 2.23% 3,057,617.20 3,064,776.95 94.18 4.27% 2,919,570.70 2,397.79 2.00% (145,206.25) Aaa / AA+ AAA 2.46 2.36 912828ZL7 US Treasury Note 0.375% Due 04/30/2025 2,500,000.00 03/21/2022 2.24% 2,360,839.85 2,384,503.21 90.60 4.25% 2,265,040.00 3,923.23 1.56% (119,463.21) Aaa / AA+ AAA 2.58 2.52 91282CAB7 US Treasury Note 0.250% Due 07/31/2025 1,500,000.00 03/12/2021 0.72% 1,469,765.63 1,480,448.82 89.41 4.26% 1,341,153.00 631.79 0.92% (139,295.82) Aaa / AA+ AAA 2.84 2.77 91282CAM3 US Treasury Note 0.250% Due 09/30/2025 2,400,000.00 Various 0.56% 2,366,140.63 2,377,810.26 88.89 4.23% 2,133,280.80 16.49 1.46% (244,529.46) Aaa / AA+ AAA 3.00 2.93 91282CAT8 US Treasury Note 0.250% Due 10/31/2025 2,450,000.00 Various 0.49% 2,422,492.19 2,432,245.74 88.57 4.24% 2,170,067.90 2,563.18 1.49% (262,177.84) Aaa / AA+ AAA 3.09 3.01 As of September 30, 2022 35 124 Holdings Report City of Cupertino -Account #10659 CUSIP Security Description Par Value/Units Purchase Date Book Yield Cost Value Book Value Mkt Price Mkt YTM Market Value Accrued Int. % of Port. Gain/Loss Moody/S&P Fitch Maturity Duration 91282CAZ4 US Treasury Note 0.375% Due 11/30/2025 2,250,000.00 03/26/2021 0.77% 2,209,658.20 2,222,680.07 88.68 4.23% 1,995,205.50 2,835.55 1.37% (227,474.57) Aaa / AA+ AAA 3.17 3.08 91282CBH3 US Treasury Note 0.375% Due 01/31/2026 2,500,000.00 05/27/2021 0.75% 2,456,445.31 2,468,958.68 88.09 4.24% 2,202,345.00 1,579.48 1.51% (266,613.68) Aaa / AA+ AAA 3.34 3.24 91282CBW0 US Treasury Note 0.750% Due 04/30/2026 2,500,000.00 05/27/2021 0.80% 2,493,652.34 2,495,385.77 88.59 4.21% 2,214,745.00 7,846.47 1.52% (280,640.77) Aaa / AA+ AAA 3.58 3.45 91282CCZ2 US Treasury Note 0.875% Due 09/30/2026 1,400,000.00 10/18/2021 1.19% 1,379,054.68 1,383,076.83 88.01 4.16% 1,232,163.80 33.65 0.85% (150,913.03) Aaa / AA+ AAA 4.00 3.85 91282CDG3 US Treasury Note 1.125% Due 10/31/2026 1,400,000.00 11/15/2021 1.25% 1,391,468.75 1,392,968.44 88.71 4.16% 1,241,898.00 6,591.03 0.86% (151,070.44) Aaa / AA+ AAA 4.09 3.90 91282CEW7 US Treasury Note 3.250% Due 06/30/2027 3,000,000.00 Various 3.12% 3,018,222.66 3,017,457.04 96.43 4.08% 2,893,008.00 24,639.94 2.00% (124,449.04) Aaa / AA+ AAA 4.75 4.31 91282CFB2 US Treasury Note 2.750% Due 07/31/2027 400,000.00 08/22/2022 3.12% 393,218.75 393,365.43 94.21 4.08% 376,843.60 1,853.26 0.26% (16,521.83) Aaa / AA+ AAA 4.84 4.44 91282CFH9 US Treasury Note 3.125% Due 08/31/2027 4,500,000.00 Various 3.28% 4,468,902.34 4,469,267.59 95.97 4.04% 4,318,596.00 12,042.47 2.97% (150,671.59) Aaa / AA+ AAA 4.92 4.49 TOTAL US Treasury 43,850,000.00 1.67% 43,605,142.60 43,585,287.18 4.22% 40,682,590.55 122,894.21 27.99% (2,902,696.63) Aaa / AA+ Aaa 2.99 2.84 TOTAL PORTFOLIO 155,548,714.16 1.58% 155,998,078.10 155,475,533.27 4.49% 145,302,349.94 508,138.15 100.00% (10,173,183.33 ) Aa1 / AA Aaa 2.76 2.38 TOTAL MARKET VALUE PLUS ACCRUALS 145,810,488.09 As of September 30, 2022 36 125 SECTION |Section 4 |Transactions 37 126 Transaction Ledger City of Cupertino -Account #10659 Transaction Type Settlement Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss ACQUISITIONS Purchase 07/01/2022 66815L2J7 1,170,000.00 Northwestern Mutual Glbl Note 4% Due: 07/01/2025 99.966 4.01%1,169,602.20 0.00 1,169,602.20 0.00 Purchase 07/15/2022 91282CEW7 1,500,000.00 US Treasury Note 3.25% Due: 06/30/2027 100.609 3.12%1,509,140.63 1,987.09 1,511,127.72 0.00 Purchase 07/19/2022 91282CEW7 1,500,000.00 US Treasury Note 3.25% Due: 06/30/2027 100.605 3.12%1,509,082.03 2,516.98 1,511,599.01 0.00 Purchase 07/20/2022 47800AAC4 655,000.00 John Deere Owner Trust 2022-B A3 3.74% Due: 02/16/2027 99.990 3.77%654,937.45 0.00 654,937.45 0.00 Purchase 08/05/2022 06051GHT9 638,000.00 Bank of America Corp Callable Note 1X 4/23/2026 3.559% Due: 04/23/2027 96.937 4.53%618,458.06 6,433.49 624,891.55 0.00 Purchase 08/09/2022 06051GHT9 512,000.00 Bank of America Corp Callable Note 1X 4/23/2026 3.559% Due: 04/23/2027 96.829 4.56%495,764.48 5,365.39 501,129.87 0.00 Purchase 08/11/2022 92348KAV5 570,000.00 Verizon Master Trust 2022-5 A1A 3.72% Due: 07/20/2027 99.996 3.75%569,974.92 0.00 569,974.92 0.00 Purchase 08/23/2022 91282CFB2 400,000.00 US Treasury Note 2.75% Due: 07/31/2027 98.305 3.12%393,218.75 687.50 393,906.25 0.00 Purchase 08/31/2022 91282CFH9 3,000,000.00 US Treasury Note 3.125% Due: 08/31/2027 99.652 3.20%2,989,570.31 0.00 2,989,570.31 0.00 Purchase 09/09/2022 91282CFH9 1,100,000.00 US Treasury Note 3.125% Due: 08/31/2027 99.059 3.33%1,089,644.53 854.63 1,090,499.16 0.00 Purchase 09/20/2022 91282CFH9 400,000.00 US Treasury Note 3.125% Due: 08/31/2027 97.422 3.70%389,687.50 690.61 390,378.11 0.00 Subtotal 11,445,000.00 11,389,080.86 18,535.69 11,407,616.55 0.00 TOTAL ACQUISITIONS 11,445,000.00 11,389,080.86 18,535.69 11,407,616.55 0.00 June 30, 2022 through September 30, 2022 As of September 30, 2022 38 127 Transaction Ledger City of Cupertino -Account #10659 Transaction Type Settlement Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss DISPOSITIONS Sale 07/15/2022 45950KCP3 2,050,000.00 International Finance Corp Note 2.875% Due: 07/31/2023 99.565 0.31%2,041,074.30 27,013.02 2,068,087.32 -63,495.75 Sale 07/19/2022 3135G0U43 1,500,000.00 FNMA Note 2.875% Due: 09/12/2023 99.631 1.89%1,494,465.00 15,213.54 1,509,678.54 -21,834.87 Sale 08/05/2022 06051GHF9 536,000.00 Bank of America Corp Callable Note 1X 3/5/2023 3.55% Due: 03/05/2024 99.708 2.16%534,434.88 7,928.33 542,363.21 -4,079.30 Sale 08/09/2022 06051GHF9 664,000.00 Bank of America Corp Callable Note 1X 3/5/2023 3.55% Due: 03/05/2024 99.650 2.16%661,676.00 10,083.58 671,759.58 -5,379.82 Sale 08/29/2022 3130A3DL5 1,600,000.00 FHLB Note 2.375% Due: 09/08/2023 98.827 1.52%1,581,232.00 18,050.00 1,599,282.00 -32,395.40 Sale 08/29/2022 3137EAER6 1,350,000.00 FHLMC Note 0.375% Due: 05/05/2023 98.006 0.39%1,323,082.35 1,603.13 1,324,685.48 -26,788.48 Sale 09/09/2022 3130A3DL5 400,000.00 FHLB Note 2.375% Due: 09/08/2023 98.773 1.52%395,092.00 26.39 395,118.39 -8,214.92 Sale 09/09/2022 912828T91 650,000.00 US Treasury Note 1.625% Due: 10/31/2023 97.930 1.82%636,542.97 3,788.72 640,331.69 -11,241.75 Subtotal 8,750,000.00 8,667,599.50 83,706.71 8,751,306.21 -173,430.29 TOTAL DISPOSITIONS 8,750,000.00 8,667,599.50 83,706.71 8,751,306.21 -173,430.29 June 30, 2022 through September 30, 2022 As of September 30, 2022 39 128 Important Disclosures 2022 Chandler Asset Management, Inc, An Independent Registered Investment Adviser. Information contained herein is confidential.Prices are provided by ICE Data Services Inc (“IDS”),an independent pricing source.In the event IDS does not provide a price or if the price provided is not reflective of fair market value, Chandler will obtain pricing from an alternative approved third party pricing source in accordance with our written valuation policy and procedures.Our valuation procedures are also disclosed in Item 5 of our Form ADV Part 2A. Performance results are presented gross-of-advisory fees and represent the client’s Total Return.The deduction of advisory fees lowers performance results.These results include the reinvestment of dividends and other earnings.Past performance may not be indicative of future results.Therefore,clients should not assume that future performance of any specific investment or investment strategy will be profitable or equal to past performance levels.All investment strategies have the potential for profit or loss.Economic factors,market conditions or changes in investment strategies, contributions or withdrawals may materially alter the performance and results of your portfolio. Index returns assume reinvestment of all distributions.Historical performance results for investment indexes generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment management fee,the incurrence of which would have the effect of decreasing historical performance results.It is not possible to invest directly in an index. Source ICE Data Indices,LLC ("ICE"),used with permission. ICE permits use of the ICE indices and related data on an "as is"basis;ICE,its affiliates and their respective third party suppliers disclaim any and all warranties and representations, express and/or implied,including any warranties of merchantability or fitness for a particular purpose or use,including the indices,index data and any data included in,related to,or derived therefrom.Neither ICE data,its affiliates or their respective third party providers guarantee the quality, adequacy, accuracy,timeliness or completeness of the indices or the index data or any component thereof,and the indices and index data and all components thereof are provided on an "as is"basis and licensee's use it at licensee's own risk.ICE data,its affiliates and their respective third party do not sponsor,endorse,or recommend chandler asset management,or any of its products or services. This report is provided for informational purposes only and should not be construed as a specific investment or legal advice.The information contained herein was obtained from sources believed to be reliable as of the date of publication, but may become outdated or superseded at any time without notice.Any opinions or views expressed are based on current market conditions and are subject to change.This report may contain forecasts and forward-looking statements which are inherently limited and should not be relied upon as indicator of future results.Past performance is not indicative of future results.This report is not intended to constitute an offer,solicitation,recommendation or advice regarding any securities or investment strategy and should not be regarded by recipients as a substitute for the exercise of their own judgment. Fixed income investments are subject to interest,credit and market risk.Interest rate risk:the value of fixed income investments will decline as interest rates rise.Credit risk:the possibility that the borrower may not be able to repay interest and principal.Low rated bonds generally have to pay higher interest rates to attract investors willing to take on greater risk.Market risk:the bond market in general could decline due to economic conditions, especially during periods of rising interest rates. Ratings information have been provided by Moody’s,S&P and Fitch through data feeds we believe to be reliable as of the date of this statement,however we cannot guarantee its accuracy. Security level ratings for U.S.Agency issued mortgage-backed securities (“MBS”) reflect the issuer rating because the securities themselves are not rated.The issuing U.S.Agency guarantees the full and timely payment of both principal and interest and carries a AA+/Aaa/AAA by S&P,Moody’s and Fitch respectively. As of September 30, 2022 40 129 Benchmark Disclosures ICE BofA 1-5 Yr US Treasury & Agency Index The ICE BofA 1-5 Year US Treasury &Agency Index tracks the performance of US dollar denominated US Treasury and nonsubordinated US agency debt issued in the US domestic market.Qualifying securities must have an investment grade rating (based on an average of Moody’s, S&P and Fitch).Qualifying securities must have at least one year remaining term to final maturity and less than five years remaining term to final maturity, at least 18 months to maturity at time of issuance,a fixed coupon schedule,and a minimum amount outstanding of $1 billion for sovereigns and $250 million for agencies. As of September 30, 2022 41 130 INVESTMENT AND INSURANCE PRODUCTS ARE: ·NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) OR ANY FEDERAL GOVERNMENT AGENCY ·NOT A DEPOSIT, OBLIGATION OF, OR GUARANTEED BY ANY BANK OR BANKING AFFILIATE ·SUBJECT TO INVESTMENT RISKS AND MAY LOSE VALUE, INCLUDING POSSIBLE LOSS OF PRINCIPAL AMOUNT INVESTED IRT - SAN FRANCISCO CA 510 N VALLEY MILLS DRIVE, SUITE 400 WACO, TX 76710-6075 CITY OF CUPERTINO -CHANDLER ASSET MANAGEMENT ACCOUNT NUMBER MONTHLY STATEMENT SEPTEMBER 1, 2022 THROUGH SEPTEMBER 30, 2022 ACCOUNT MANAGER: MICHAEL J WADE TELEPHONE NUMBER: 515-878-6110 PFGEDD INVESTMENT CONTACT: IMR/CHRISTINE NORGREN TELEPHONE NUMBER: ADMINISTRATOR: BELINDA CONWAY TELEPHONE NUMBER: 254-265-6137 27422 SE 131 Custody and trust services are provided by Principal Bank ®, Member FDIC, and/or Principal Trust Company ®. These services are provided under the name Principal®Custody Solutions, a division of Principal Bank. Principal Trust Company is a trade name of Delaware Guarantee & Trust Company. Principal Bank and Principal Trust Company are members of the Principal Financial Group ®, Des Moines, IA 50392. ASSET VALUATION PRACTICES VALUES REFLECTED FOR PUBLICLY-TRADED ASSETS ARE FROM UNAFFILIATED FINANCIAL INDUSTRY SOURCES BELIEVED TO BE RELIABLE VALUES FOR NON-PUBLICLY TRADED ASSETS MAY BE DETERMINED FROM OTHER UNAFFILIATED SOURCES. ASSETS FOR WHICH A CURRENT VALUE IS UNAVAILABLE MAY BE REFLECTED AT THE LAST REPORTED PRICE, AT PAR, OR MAY BE SHOWN AS HAVING NOMINAL OR NO VALUE. REPORTED VALUES MAY NOT BE THE PRICE AT WHICH AN ASSET MAY BE SOLD. ASSET VALUES ARE UPDATED AS PRICING BECOMES AVAILABLE FROM EXTERNAL SOURCES, AND MAY BE UPDATED LESS FREQUENTLY THAN STATEMENTS ARE GENERATED. IN SITUATIONS WHERE AN ASSET VALUE CANNOT BE PROVIDED BY UNAFFILIATED FINANCIAL INDUSTRY SOURCES, WE WILL RELY ON THE CUSTOMER OR THEIR DESIGNATED REPRESENTATIVE TO PROVIDE US WITH THE UPDATED VALUE. IF PRINCIPAL CUSTODY SOLUTIONS DOES NOT RECEIVE AN UPDATED VALUE, OR IS UNABLE TO USE THE VALUE PROVIDED, THE LAST REPORTED VALUE WILL CONTINUE TO BE REPORTED AND SHOULD NOT BE CONSIDERED TO BE CERTIFIED BY PRINCIPAL CUSTODY SOLUTIONS. SPECIAL INVESTMENTS "SPECIAL INVESTMENTS" ARE ASSETS NOT HELD IN CUSTODY BY PRINCIPAL BANK/PRINCIPAL TRUST COMPANY BUT WHOSE VALUE MAY BE SHOWN ON ACCOUNT STATEMENTS. EXAMPLES OF SPECIAL INVESTMENTS INCLUDE, BUT ARE NOT LIMITED TO, COMMON OR COLLECTIVE FUNDS NOT ADMINISTERED BY PRINCIPAL BANK/PRINCIPAL TRUST COMPANY (OR THEIR AFFILIATES), HEDGE FUNDS, LIMITED PARTNERSHIPS, AND OTHER UNREGISTERED SECURITIES. AT THE DIRECTION OF AND AS A MATTER OF CONVENIENCE TO ITS CLIENTS, PRINCIPAL BANK/PRINCIPAL TRUST COMPANY MAY BE REPORT SPECIAL INVESTMENTS AS A RECORDKEEPING ITEM ON ACCOUNT STATEMENTS, AT NOMINAL VALUE OR SUCH OTHER VALUE PROVIDED BY CLIENTS/EXTERNAL SOURCES. NEITHER PRINCIPAL BANK NOR PRINCIPAL TRUST COMPANY IS RESPONSIBLE FOR THE ACCURACY OF INFORMATION PROVIDED BY EXTERNAL SOURCES, AND DOES NOT CERTIFY THAT INFORMATION PROVIDED BY THESE EXTERNAL SOURCES IS TRUE OR CORRECT FOR THE SPECIAL INVESTMENTS REFLECTED IN YOUR ACCOUNT. TRADE CONFIRMS PURSUANT TO FEDERAL REGULATION, MONTHLY OR QUARTERLY ACCOUNT STATEMENTS THAT INCLUDE INVESTMENT TRANSACTION DETAILS MAY BE PROVIDED IN LIEU OF SEPARATE TRADE CONFIRMATIONS. SEPARATE TRADE CONFIRMS MAY BE OBTAINED AT NO ADDITIONAL COST UPON WRITTEN REQUEST TO THE ACCOUNT MANAGER. UNCLAIMED PROPERTY DESIGNATED REPRESENTATIVE NOTIFICATION YOUR PROPERTY MAY BE TRANSFERRED TO THE APPROPRIATE STATE IF NO ACTIVITY OCCURS IN THE ACCOUNT WITHIN THE TIME PERIOD SPECIFIED BY STATE LAW. IF YOUR STATE OF RESIDENCE ALLOWS, YOU MAY DESIGNATE A REPRESENTATIVE FOR THE PURPOSE OF RECEIVING NOTICE OF ACCOUNT INACTIVITY BY PROVIDING THE NAME AND MAILING OR EMAIL ADDRESS OF A REPRESENTATIVE. THE DESIGNATED REPRESENTATIVE DOES NOT HAVE ANY RIGHTS TO YOUR ACCOUNT. PLEASE REFER TO YOUR STATE'S UNCLAIMED PROPERTY WEBSITE FOR MORE INFORMATION AND INSTRUCTIONS ON HOW TO DESIGNATE A REPRESENTATIVE FOR NOTICE. 132 TABLE OF CONTENTS CITY OF CUPERTINO FOR THE PERIOD SEPTEMBER 1, 2022 THROUGH SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ PAGE REPORT NAME NUMBER ASSET SUMMARY .................................................................................. 1 STATEMENT OF ASSETS AND LIABILITIES ............................................................ 2 CASH SUMMARY ................................................................................... 20 STATEMENT OF TRANSACTIONS ...................................................................... 21 PENDING TRADES SCHEDULE ........................................................................ 36 133 PAGE 1 ASSET SUMMARY CITY OF CUPERTINO AS OF SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ ASSET SUMMARY % TOTAL UNREALIZED ESTIMATED CURRENT ACCRUED INVESTMENT CATEGORY COST VALUE MARKET VALUE MARKET GAIN/LOSS ANNUAL INCOME YIELD INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ CASH 0.00 0.00 0.00 CASH EQUIVALENTS 244,200.48 244,200.48 0.17 0.00 4,735 1.94 253.54 BONDS AND NOTES 155,753,877.62 145,006,694.37 99.83 10,747,183.25- 2,518,460 1.74 512,462.62 TOTAL INVESTMENTS 155,998,078.10 145,250,894.85 100.00 10,747,183.25- 2,523,195 1.74 512,716.16 TOTAL ACCRUALS 512,716.16 512,716.16 ===================================================================================================================================== TOTAL ACCRUALS AND INVESTMENTS 156,510,794.26 145,763,611.01 10,747,183.25- 2,523,195 1.74 512,716.16 134 PAGE 2 STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO AS OF SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF ASSETS AND LIABILITIES COST VALUE MARKET VALUE % TOTAL UNREALIZED PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ CASH EQUIVALENTS 195,088.77 ALLSPRING 100% TREASURY 195,088.77 195,088.77 0.13 0.00 209.15 MONEY MARKET FUND - #008 1.0000 1.0000 49,111.71 PRINCIPAL PUBLIC DEPOSIT SWEEP 49,111.71 49,111.71 0.03 0.00 44.39 PROGRAM 1.0000 1.0000 TOTAL CASH EQUIVALENTS 244,200.48 244,200.48 0.17 0.00 253.54 BOND & NOTES 1,675,000 AIR PRODUCTS & CHEMICALS 1,771,212.00 1,641,299.00 1.13 129,913.00- 9,507.95 DTD 07/31/14 3.350 07/31/2024 105.7440 97.9880 MOODY'S RATING A2 CUSIP 009158AV8 1,875,000 AMAZON.COM INC 1,866,900.00 1,645,181.25 1.13 221,718.75- 7,239.58 DTD 05/12/21 1.000 05/12/2026 99.5680 87.7430 MOODY'S RATING A1 CUSIP 023135BX3 1,375,000 AMERICAN EXPRESS CREDIT ACCOUNT 1,374,695.85 1,330,271.25 0.92 44,424.60- 2,071.67 ASSET BCKD SEC SER 2022-2 CL A 99.9779 96.7470 DTD 05/24/2022 3.390% 05/17/2027 NON CALLABLE CUSIP 02582JJT8 1,545,000 AMERICAN EXPRESS CREDIT ACCOUNT 1,524,359.77 1,457,707.50 1.00 66,652.27- 1,517.53 ASSET BCKD SEC SER 2022-1 CL A 98.6641 94.3500 DTD 03/18/2022 2.210% 03/15/2027 NON CALLABLE MOODY'S RATING AAA CUSIP 02589BAA8 1,150,000 BANK OF AMERICA CORP 1,114,222.54 1,061,657.00 0.73 52,565.54- 17,963.06 MED TERM NOTE 96.8889 92.3180 DTD 04/23/19 04/23/2027 MOODY'S RATING A2 CUSIP 06051GHT9 135 PAGE 3 STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO AS OF SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF ASSETS AND LIABILITIES COST VALUE MARKET VALUE % TOTAL UNREALIZED PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 600,000 BANK OF AMERICA CORP 620,988.00 550,008.00 0.38 70,980.00- 1,612.00 MED TERM NOTE 103.4980 91.6680 DTD 02/13/20 02/13/2026 MOODY'S RATING A2 CUSIP 06051GHY8 700,000 BANK OF AMERICA CORP 701,274.00 621,320.00 0.43 79,954.00- 2,616.02 MED TERM NOTE 100.1820 88.7600 DTD 06/19/20 06/19/2026 MOODY'S RATING A2 CUSIP 06051GJD2 600,000 BANK OF MONTREAL 582,216.00 555,522.00 0.38 26,694.00-854.17 MED TERM NOTE 97.0360 92.5870 DTD 07/09/21 0.625 07/09/2024 MOODY'S RATING A2 CUSIP 06367TQW3 1,240,000 BANK OF MONTREAL 1,285,656.80 1,140,824.80 0.79 144,832.00- 9,558.33 MED TERM NOTE 103.6820 92.0020 DTD 04/27/20 1.850 05/01/2025 MOODY'S RATING A2 CUSIP 06367WB85 1,000,000 BANK OF NEW YORK MELLON 1,024,910.00 972,500.00 0.67 52,410.00- 14,593.06 MED TERM NOTE 102.4910 97.2500 DTD 11/18/13 3.950 11/18/2025 MOODY'S RATING A1 CUSIP 06406HCQ0 1,370,000 BANK OF NY MELLON CORP 1,369,808.20 1,323,187.10 0.91 46,621.10- 19,760.35 DTD 04/26/2022 3.350% 04/25/2025 99.9860 96.5830 CALLABLE MOODY'S RATING A1 CUSIP 06406RBC0 1,615,000 BERKSHIRE HATHAWAY FIN 1,614,693.15 1,469,843.80 1.01 144,849.35- 1,650.89 DTD 03/15/2022 2.300% 03/15/2027 99.9810 91.0120 CALLABLE MOODY'S RATING AA2 CUSIP 084664CZ2 136 PAGE 4 STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO AS OF SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF ASSETS AND LIABILITIES COST VALUE MARKET VALUE % TOTAL UNREALIZED PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 450,000 BMW VEHICLE LEASE TRUST 449,932.73 433,179.00 0.30 16,753.73-82.50 SER 2022-1 CL A3 *0 DAY DELAY*99.9851 96.2620 DTD 01/19/22 1.100 03/25/2025 CUSIP 05601XAC3 425,000 BMW VEHICLE LEASE TRUST 424,956.14 412,798.25 0.28 12,157.89-19.48 SER 2021-2 CL A3 *0 DAY DELAY*99.9897 97.1290 DTD 09/15/21 0.330 12/26/2024 MOODY'S RATING AAA CUSIP 09690AAC7 530,000 BMW VEHICLE OWNER TRUST 529,972.44 515,753.60 0.36 14,218.84-283.55 ASSET BCKD SEC SER 2022-A CL A3 99.9948 97.3120 DTD 05/18/2022 3.210% 08/25/2026 CALLABLE MOODY'S RATING AAA CUSIP 05602RAD3 755,000 CALIFORNIA ST 772,342.35 725,577.65 0.50 46,764.70- 9,060.00 TXBL-REF 102.2970 96.1030 DTD 10/24/19 2.400 10/01/2024 MOODY'S RATING AA2 CUSIP 13063DRK6 1,100,000 CATERPILLAR FINL SERVICE 1,111,517.00 1,046,144.00 0.72 65,373.00- 9,394.31 MED TERM NOTE 101.0470 95.1040 DTD 11/08/19 2.150 11/08/2024 MOODY'S RATING A2 CUSIP 14913Q3B3 960,000 CHARLES SCHWAB CORP 959,729.90 861,504.00 0.59 98,225.90- 1,829.33 DTD 03/03/2022 2.450% 03/03/2027 99.9719 89.7400 CALLABLE MOODY'S RATING A2 CUSIP 808513BY0 2,100,000 FED HOME LN BK 2,222,418.00 2,074,464.00 1.43 147,954.00- 22,246.88 DTD 12/09/13 3.375 12/08/2023 105.8294 98.7840 MOODY'S RATING AAA CUSIP 3130A0F70 137 PAGE 5 STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO AS OF SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF ASSETS AND LIABILITIES COST VALUE MARKET VALUE % TOTAL UNREALIZED PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,500,000 FED HOME LN BK 1,568,115.00 1,476,765.00 1.02 91,350.00- 3,114.58 DTD 02/12/14 3.250 03/08/2024 104.5410 98.4510 MOODY'S RATING AAA CUSIP 3130A0XE5 1,500,000 FED HOME LN BK 1,564,890.20 1,462,230.00 1.01 102,660.20- 12,817.71 DTD 05/08/14 2.875 06/14/2024 104.3260 97.4820 MOODY'S RATING AAA CUSIP 3130A1XJ2 2,000,000 FED HOME LN BK 2,103,380.00 1,944,260.00 1.34 159,120.00- 2,875.00 DTD 08/15/14 2.875 09/13/2024 105.1690 97.2130 MOODY'S RATING AAA CUSIP 3130A2UW4 1,300,000 FED HOME LN MTG CORP 1,398,414.06 1,263,574.00 0.87 134,840.06- 3,435.25 SER KO41 CL A2 *24 DAY DELAY*107.5703 97.1980 DTD 12/01/14 3.171 10/25/2024 CUSIP 3137BFE98 1,000,000 FED HOME LN MTG CORP 1,037,656.25 989,560.00 0.68 48,096.25- 2,550.00 SER K033 CL A2 *24 DAY DELAY*103.7656 98.9560 DTD 10/01/13 07/25/2023 MOODY'S RATING AAA CUSIP 3137B4WB8 2,365,000 FED HOME LN MTG CORP 2,363,178.95 2,216,383.40 1.53 146,795.55- 4,828.54 DTD 02/14/20 1.500 02/12/2025 99.9230 93.7160 MOODY'S RATING AAA CUSIP 3137EAEP0 1,250,000 FED HOME LN MTG CORP 1,243,775.00 1,121,437.50 0.77 122,337.50-911.46 SER USD 99.5020 89.7150 DTD 07/23/20 0.375 07/21/2025 MOODY'S RATING AAA CUSIP 3137EAEU9 138 PAGE 6 STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO AS OF SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF ASSETS AND LIABILITIES COST VALUE MARKET VALUE % TOTAL UNREALIZED PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 2,500,000 FED HOME LN MTG CORP 2,489,362.80 2,229,650.00 1.54 259,712.80-208.33 DTD 09/25/20 0.375 09/23/2025 99.5745 89.1860 MOODY'S RATING AAA CUSIP 3137EAEX3 1,755,000 FED HOME LN MTG CORP 1,753,262.55 1,674,463.05 1.15 78,799.50- 1,425.94 DTD 12/04/20 0.250 12/04/2023 99.9010 95.4110 MOODY'S RATING AAA CUSIP 3137EAFA2 1,500,000 FED NATL MTG ASSN 1,484,895.00 1,436,130.00 0.99 48,765.00- 6,489.58 DTD 07/08/19 1.750 07/02/2024 98.9930 95.7420 MOODY'S RATING AAA CUSIP 3135G0V75 1,975,000 FED NATL MTG ASSN 1,965,802.75 1,873,899.75 1.29 91,903.00- 14,798.78 DTD 10/18/19 1.625 10/15/2024 99.5343 94.8810 MOODY'S RATING AAA CUSIP 3135G0W66 1,295,000 FED NATL MTG ASSN 1,309,953.95 1,221,780.70 0.84 88,173.25- 4,910.21 DTD 01/10/20 1.625 01/07/2025 101.1548 94.3460 MOODY'S RATING AAA CUSIP 3135G0X24 1,860,000 FED NATL MTG ASSN 1,856,168.40 1,694,980.80 1.17 161,187.60- 5,134.38 DTD 04/24/20 0.625 04/22/2025 99.7940 91.1280 MOODY'S RATING AAA CUSIP 3135G03U5 2,500,000 FED NATL MTG ASSN 2,499,227.30 2,259,525.00 1.56 239,702.30- 3,611.11 DTD 06/19/20 0.500 06/17/2025 99.9691 90.3810 MOODY'S RATING AAA CUSIP 3135G04Z3 2,500,000 FED NATL MTG ASSN 2,487,983.75 2,235,375.00 1.54 252,608.75-937.50 DTD 08/27/20 0.375 08/25/2025 99.5194 89.4150 MOODY'S RATING AAA CUSIP 3135G05X7 139 PAGE 7 STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO AS OF SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF ASSETS AND LIABILITIES COST VALUE MARKET VALUE % TOTAL UNREALIZED PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 2,500,000 FED NATL MTG ASSN 2,492,700.00 2,226,350.00 1.53 266,350.00- 5,000.00 DTD 11/12/20 0.500 11/07/2025 99.7080 89.0540 MOODY'S RATING AAA CUSIP 3135G06G3 1,000,000 FHLMC MULTIFAMILY STRUCTURED P 1,079,687.50 958,300.00 0.66 121,387.50- 2,508.33 SER K049 CL A2 *24 DAY DELAY*107.9688 95.8300 DTD 10/01/15 3.010 08/25/2025 CUSIP 3137BLMZ8 950,000 FHLMC MULTIFAMILY STRUCTURED P 1,018,132.81 917,367.50 0.63 100,765.31- 2,639.42 SER K050 CL A2 *24 DAY DELAY*107.1719 96.5650 DTD 11/01/15 08/25/2025 CUSIP 3137BLW95 440,000 FHLMC MULTIFAMILY STRUCTURED P 453,079.69 424,155.60 0.29 28,924.09- 1,212.93 SER K051 CL A2 *24 DAY DELAY*102.9727 96.3990 DTD 12/01/15 3.308 09/25/2025 CUSIP 3137BM7C4 570,000 FHLMC MULTIFAMILY STRUCTURED P 582,001.17 543,107.40 0.37 38,893.77- 1,422.63 SER K053 CL A2 *24 DAY DELAY*102.1055 95.2820 DTD 03/01/16 2.995 12/25/2025 CUSIP 3137BN6G4 650,000 FHLMC MULTIFAMILY STRUCTURED P 687,451.17 605,332.00 0.42 82,119.17- 1,437.04 SER K058 CL A2 *24 DAY DELAY*105.7617 93.1280 DTD 11/01/16 2.653 08/25/2026 CUSIP 3137BSP72 1,000,000 FHLMC MULTIFAMILY STRUCTURED P 1,053,867.19 992,160.00 0.68 61,707.19- 2,942.50 SER K034 CL A2 *24 DAY DELAY*105.3867 99.2160 DTD 11/01/13 07/25/2023 CUSIP 3137B5JM6 1,000,000 FHLMC MULTIFAMILY STRUCTURED P 1,061,914.06 990,400.00 0.68 71,514.06- 2,939.17 SER K036 CL A2 *24 DAY DELAY*106.1914 99.0400 DTD 02/01/14 10/25/2023 MOODY'S RATING AAA CUSIP 3137B7MZ9 140 PAGE 8 STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO AS OF SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF ASSETS AND LIABILITIES COST VALUE MARKET VALUE % TOTAL UNREALIZED PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 965,000 GM FINANCIAL AUTOMOBILE LEASIN 964,986.88 932,392.65 0.64 32,594.23-104.54 SER 2021-3 CL A3 *0 DAY DELAY*99.9987 96.6210 DTD 08/18/21 0.390 10/21/2024 CUSIP 36262XAC8 945,000 GM FINANCIAL AUTOMOBILE LEASIN 944,991.87 912,161.25 0.63 32,830.62-534.19 SER 2022-1 CL A3 *0 DAY DELAY*99.9992 96.5250 DTD 02/23/22 1.850 03/20/2025 MOODY'S RATING AAA CUSIP 36265MAC9 350,000 GM FINANCIAL SECURITIZED TERM 349,991.08 329,756.00 0.23 20,235.08-99.17 SER 2021-4 CL A3 *0 DAY DELAY*99.9975 94.2160 DTD 10/21/21 0.680 09/16/2026 MOODY'S RATING AAA CUSIP 362554AC1 390,000 GM FINANCIAL SECURITIZED TERM 389,918.49 377,913.90 0.26 12,004.59-503.75 ASSET BCKD SEC SER 2022-2 CL A3 99.9791 96.9010 DTD 04/13/2022 3.100% 02/16/2027 CALLABLE MOODY'S RATING AAA CUSIP 362585AC5 295,000 GM FINANCIAL SECURITIZED TERM 294,974.36 280,559.75 0.19 14,414.61-154.88 SER 2022-1 CL A3 *0 DAY DELAY*99.9913 95.1050 DTD 01/19/22 1.260 11/16/2026 CUSIP 380146AC4 1,400,000 GUARDIAN LIFE GLOB FUND 1,385,860.00 1,222,102.00 0.84 163,758.00- 3,777.08 144A PRIV PLCMT 0.875 12/10/2025 98.9900 87.2930 MOODY'S RATING AA1 CUSIP 40139LBC6 77,492.52 HONDA AUTO RECEIVABLES OWNER T 77,486.43 77,134.50 0.05 351.93-28.24 SER 2020-2 CL A3 *0 DAY DELAY*99.9922 99.5380 DTD 05/27/20 0.820 07/15/2024 MOODY'S RATING AAA CUSIP 43813DAC2 141 PAGE 9 STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO AS OF SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF ASSETS AND LIABILITIES COST VALUE MARKET VALUE % TOTAL UNREALIZED PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 257,144.76 HONDA AUTO RECEIVABLES OWNER T 257,140.06 249,600.13 0.17 7,539.93-19.29 SER 2021-1 CL A3 *0 DAY DELAY*99.9982 97.0660 DTD 02/24/21 0.270 04/21/2025 MOODY'S RATING AAA CUSIP 43813GAC5 379,188.47 HONDA AUTO RECEIVABLES OWNER T 379,132.77 370,872.87 0.26 8,259.90-50.66 SER 2020-3 CL A3 *0 DAY DELAY*99.9853 97.8070 DTD 09/29/20 0.370 10/18/2024 CUSIP 43813KAC6 740,000 HONDA AUTO RECEIVABLES OWNER T 739,888.70 703,007.40 0.48 36,881.30-618.31 SER 2022-1 CL A3 *0 DAY DELAY*99.9850 95.0010 DTD 02/23/22 1.000 05/15/2026 MOODY'S RATING AAA CUSIP 43815BAC4 460,000 HONDA AUTO RECEIVABLES OWNER T 459,903.03 435,086.40 0.30 24,816.63-112.44 SER 2021-4 CL A3 *0 DAY DELAY*99.9789 94.5840 DTD 11/24/21 0.880 01/21/2026 MOODY'S RATING AAA CUSIP 43815GAC3 67,249.4 HONDA AUTO RECEIVABLES OWNER T 67,136.36 67,177.44 0.05 41.08 53.20 SER 2019-3 CL A3 *0 DAY DELAY*99.8319 99.8930 DTD 08/27/19 1.780 08/15/2023 MOODY'S RATING AAA CUSIP 43815NAC8 790,000 HYUNDAI AUTO LEASE SECURITIZAT 789,881.50 770,621.30 0.53 19,260.20-101.38 SER 2021-B CL A3 *0 DAY DELAY*99.9850 97.5470 144A PRIV PLCMT 0.330 06/17/2024 MOODY'S RATING AAA CUSIP 44891VAC5 540,000 HYUNDAI AUTO LEASE SECURITIZAT 539,988.07 519,777.00 0.36 20,211.07-278.40 SER 2022-A CL A3 *0 DAY DELAY*99.9978 96.2550 144A PRIV PLCMT 1.160 01/15/2025 MOODY'S RATING AAA CUSIP 44891WAC3 142 PAGE 10 STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO AS OF SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF ASSETS AND LIABILITIES COST VALUE MARKET VALUE % TOTAL UNREALIZED PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,010,000 HYUNDAI AUTO RECEIVABLES TRUST 1,009,961.12 968,579.90 0.67 41,381.22-996.53 ASSET BCKD SEC SER 2022-A CL A3 99.9962 95.8990 DTD 03/16/2022 2.220% 10/15/2026 CALLABLE CUSIP 448977AD0 515,000 HYUNDAI AUTO RECEIVABLES TRUST 514,945.82 497,778.40 0.34 17,167.42-86.98 SER 2021-A CL A3 *0 DAY DELAY*99.9895 96.6560 DTD 04/28/21 0.380 09/15/2025 CUSIP 44933LAC7 1,330,000 HYUNDAI AUTO RECEIVABLES TRUST 1,296,371.65 1,254,682.10 0.86 41,689.55-437.42 SER 2021-C CL A3 *0 DAY DELAY*97.4716 94.3370 DTD 11/17/21 0.740 05/15/2026 CUSIP 44935FAD6 2,800,000 INTER-AMERICAN DEVEL BK 2,792,300.00 2,683,072.00 1.85 109,228.00- 2,644.44 DTD 09/02/20 0.250 11/15/2023 99.7250 95.8240 MOODY'S RATING AAA CUSIP 4581X0DP0 2,460,000 INTER-AMERICAN DEVEL BK 2,448,733.20 2,180,322.60 1.50 268,410.60- 9,626.46 DTD 04/20/21 0.875 04/20/2026 99.5420 88.6310 MOODY'S RATING AAA CUSIP 4581X0DV7 2,400,000 INTL BK RECON & DEVELOP 2,388,859.25 2,135,040.00 1.47 253,819.25- 5,100.00 DTD 10/28/20 0.500 10/28/2025 99.5358 88.9600 MOODY'S RATING AAA CUSIP 459058JL8 2,500,000 INTL FINANCE CORP 2,471,150.00 2,241,200.00 1.54 229,950.00- 1,953.13 DTD 07/16/20 0.375 07/16/2025 98.8460 89.6480 MOODY'S RATING AAA CUSIP 45950KCT5 1,030,000 JOHN DEERE CAPITAL CORP 1,029,268.70 976,594.50 0.67 52,674.20-952.75 MED TERM NOTE 99.9290 94.8150 DTD 03/04/21 0.450 01/17/2024 MOODY'S RATING A2 CUSIP 24422EVN6 143 PAGE 11 STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO AS OF SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF ASSETS AND LIABILITIES COST VALUE MARKET VALUE % TOTAL UNREALIZED PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 450,000 JOHN DEERE OWNER TRUST 449,900.46 430,042.50 0.30 19,857.96-464.00 ASSET BCKD SEC SER 2022-A CL A3 99.9779 95.5650 DTD 03/16/2022 2.320% 09/16/2026 NON CALLABLE MOODY'S RATING AAA CUSIP 47787JAC2 129,233.47 JOHN DEERE OWNER TRUST 129,213.77 126,697.91 0.09 2,515.86-29.29 SER 2020-B CL A3 *0 DAY DELAY*99.9848 98.0380 DTD 07/22/20 0.510 11/15/2024 MOODY'S RATING AAA CUSIP 47787NAC3 56,564.67 JOHN DEERE OWNER TRUST 57,088.34 56,501.32 0.04 587.02-55.56 SER 2019-B CL A3 *0 DAY DELAY*100.9258 99.8880 DTD 07/24/19 2.210 12/15/2023 MOODY'S RATING AAA CUSIP 477870AC3 102,654.91 JOHN DEERE OWNER TRUST 102,648.63 101,632.47 0.07 1,016.16-50.19 SER 2020-A CL A3 *0 DAY DELAY*99.9939 99.0040 DTD 03/11/20 1.100 08/15/2024 MOODY'S RATING AAA CUSIP 47789KAC7 580,000 JOHN DEERE OWNER TRUST 579,948.26 547,955.00 0.38 31,993.26-125.67 SER 2021-B CL A3 *0 DAY DELAY*99.9911 94.4750 DTD 07/21/21 0.520 03/16/2026 MOODY'S RATING AAA CUSIP 47789QAC4 655,000 JOHN DEERE OWNER TRUST 654,937.45 639,450.30 0.44 15,487.15- 1,088.76 ASSET BCKD SEC SER 2022-B CL A3 99.9905 97.6260 DTD 07/20/2022 3.740% 02/16/2027 NON CALLABLE MOODY'S RATING AAA CUSIP 47800AAC4 144 PAGE 12 STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO AS OF SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF ASSETS AND LIABILITIES COST VALUE MARKET VALUE % TOTAL UNREALIZED PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 655,000 JPMORGAN CHASE &655,406.85 605,861.90 0.42 49,544.95- 1,727.78 SER F2F 100.0621 92.4980 DTD 06/23/21 06/23/2025 MOODY'S RATING A1 CUSIP 46647PCK0 401,000 JPMORGAN CHASE & CO 415,969.33 365,347.09 0.25 50,622.24- 3,689.17 DTD 04/22/20 04/22/2026 103.7330 91.1090 MOODY'S RATING A1 CUSIP 46647PBK1 1,370,000 JPMORGAN CHASE & CO 1,371,773.90 1,268,304.90 0.87 103,469.00- 3,762.93 DTD 06/01/21 06/01/2025 100.1295 92.5770 MOODY'S RATING A1 CUSIP 46647PCH7 1,000,000 MASSMUTUAL GLOBAL FUNDIN 1,002,230.00 868,500.00 0.60 133,730.00- 2,500.00 144A PRIV PLCMT 1.200 07/16/2026 100.2230 86.8500 MOODY'S RATING AA3 CUSIP 57629WDE7 174,585.04 MERCEDES-BENZ AUTO LEASE TRUST 174,576.19 173,682.44 0.12 893.75-31.04 SER 2020-B CL A3 *0 DAY DELAY*99.9949 99.4830 DTD 09/23/20 0.400 11/15/2023 CUSIP 58769EAC2 1,115,000 MET LIFE GLOB FUNDING I 1,113,728.90 973,372.70 0.67 140,356.20- 4,645.83 144A PRIV PLCMT 1.875 01/11/2027 99.8860 87.2980 MOODY'S RATING AA3 CUSIP 59217GER6 770,000 MET TOWER GLOBAL FUNDING 769,291.60 662,284.70 0.46 107,006.90-454.51 144A PRIV PLCMT 1.250 09/14/2026 99.9080 86.0110 MOODY'S RATING AA3 CUSIP 58989V2D5 650,000 MORGAN STANLEY 615,699.50 596,232.00 0.41 19,467.50- 6,044.35 DTD 04/28/20 04/28/2026 94.7230 91.7280 MOODY'S RATING A1 CUSIP 6174468Q5 145 PAGE 13 STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO AS OF SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF ASSETS AND LIABILITIES COST VALUE MARKET VALUE % TOTAL UNREALIZED PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,680,000 NEW YORK LIFE GLOBAL FDG 1,678,185.60 1,553,949.60 1.07 124,236.00- 5,210.33 144A PRIV PLCMT 1.450 01/14/2025 99.8920 92.4970 MOODY'S RATING AAA CUSIP 64952WEK5 304,874.18 NISSAN AUTO RECEIVABLES OWNER 306,386.60 303,724.80 0.21 2,661.80-261.51 SER 2019-C CL A3 *0 DAY DELAY*100.4961 99.6230 DTD 10/23/19 1.930 07/15/2024 MOODY'S RATING AAA CUSIP 65479JAD5 670,000 NORTHERN TRUST CORP 668,914.60 646,067.60 0.44 22,847.00- 10,496.67 DTD 05/10/2022 4.000% 05/10/2027 99.8380 96.4280 CALLABLE MOODY'S RATING A2 CUSIP 665859AW4 850,000 NORTHWESTERN MUTUAL GLBL 827,449.50 743,996.50 0.51 83,453.00- 1,454.44 144A PRIV PLCMT 0.800 01/14/2026 97.3470 87.5290 MOODY'S RATING AAA CUSIP 66815L2A6 1,170,000 NORTHWESTERN MUTUAL GLBL 1,169,602.20 1,139,603.40 0.78 29,998.80- 11,700.00 DTD 07/01/2022 4.000% 07/01/2025 99.9660 97.4020 NON CALLABLE 144A PRIVATE PLACEMENT MOODY'S RATING AAA CUSIP 66815L2J7 370,000 PACCAR FINANCIAL CORP 369,182.30 353,068.80 0.24 16,113.50- 1,016.47 MED TERM NOTE 99.7790 95.4240 DTD 08/15/19 2.150 08/15/2024 MOODY'S RATING A1 CUSIP 69371RQ25 680,000 PACCAR FINANCIAL CORP 679,632.80 630,244.40 0.43 49,388.40-491.11 MED TERM NOTE 99.9460 92.6830 DTD 08/09/21 0.500 08/09/2024 MOODY'S RATING A1 CUSIP 69371RR40 146 PAGE 14 STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO AS OF SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF ASSETS AND LIABILITIES COST VALUE MARKET VALUE % TOTAL UNREALIZED PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 885,000 PACCAR FINANCIAL CORP 884,769.90 846,086.55 0.58 38,683.35- 12,190.88 DTD 04/07/2022 2.850% 04/07/2025 99.9740 95.6030 NON CALLABLE MOODY'S RATING A1 CUSIP 69371RR73 904,000 PRICOA GLOBAL FUNDING 1 832,972.72 801,974.56 0.55 30,998.16-602.67 144A PRIV PLCMT 0.800 09/01/2025 92.1430 88.7140 MOODY'S RATING AA3 CUSIP 74153WCM9 885,000 PRICOA GLOBAL FUNDING 1 884,088.45 816,005.40 0.56 68,083.05- 3,251.15 144A PRIV PLCMT 1.150 12/06/2024 99.8970 92.2040 MOODY'S RATING AA3 CUSIP 74153WCQ0 1,500,000 ROYAL BANK OF CANADA 1,533,359.18 1,438,365.00 0.99 94,994.18- 7,968.75 DTD 07/16/19 2.550 07/16/2024 102.2240 95.8910 MOODY'S RATING A1 CUSIP 78013XZU5 1,050,000 ROYAL BANK OF CANADA 1,049,611.50 1,010,352.00 0.70 39,259.50- 16,439.06 MEDIUM TERM NOTE 99.9630 96.2240 CONVERTIBLE DTD 04/14/2022 3.375% 04/14/2025 NON CALLABLE MOODY'S RATING A1 CUSIP 78016EZ59 1,760,000 SALESFORCE.COM INC 1,748,937.40 1,640,513.60 1.13 108,423.80- 2,322.22 DTD 07/12/21 0.625 07/15/2024 99.3715 93.2110 MOODY'S RATING A2 CUSIP 79466LAG9 1,500,000 TORONTO-DOMINION BANK 1,527,255.00 1,440,555.00 0.99 86,700.00- 12,035.42 MED TERM NOTE 101.8170 96.0370 DTD 06/12/19 2.650 06/12/2024 MOODY'S RATING A1 CUSIP 89114QCA4 147 PAGE 15 STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO AS OF SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF ASSETS AND LIABILITIES COST VALUE MARKET VALUE % TOTAL UNREALIZED PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 700,000 TORONTO-DOMINION BANK 674,737.00 648,046.00 0.45 26,691.00- 2,283.75 MED TERM NOTE SER FXD 96.3910 92.5780 DTD 01/12/22 1.450 01/10/2025 MOODY'S RATING A1 CUSIP 89114TZL9 288,227.2 TOYOTA AUTO RECEIVABLES OWNER 288,173.49 282,632.71 0.19 5,540.78-44.84 SER 2020-D CL A3 *0 DAY DELAY*99.9814 98.0590 DTD 10/13/20 0.350 01/15/2025 CUSIP 89236XAC0 430,000 TOYOTA AUTO RECEIVABLES OWNER 429,990.84 407,197.10 0.28 22,793.74-135.69 SER 2021-D CL A3 *0 DAY DELAY*99.9979 94.6970 DTD 11/15/21 0.710 04/15/2026 CUSIP 89238JAC9 921,202.94 TOYOTA AUTO RECEIVABLES OWNER 921,031.97 897,389.84 0.62 23,642.13-106.45 SER 2021-A CL A3 *0 DAY DELAY*99.9815 97.4150 DTD 02/08/21 0.260 05/15/2025 MOODY'S RATING AAA CUSIP 89240BAC2 700,000 TOYOTA LEASE OWNER TRUST 686,000.00 686,497.00 0.47 497.00 68.25 SER 2021-A CL A3 *0 DAY DELAY*98.0000 98.0710 144A PRIV PLCMT 0.390 04/22/2024 MOODY'S RATING AAA CUSIP 89238EAC0 1,150,000 TOYOTA LEASE OWNER TRUST 1,149,818.99 1,108,278.00 0.76 41,540.99-688.72 ASSET BCKD SEC SER 2022-A CL A3 99.9843 96.3720 DTD 02/28/2022 1.960% 02/20/2025 CALLABLE 144A PRIVATE PLACEMENT CUSIP 89238LAC4 1,385,000 TOYOTA MOTOR CREDIT CORP 1,384,390.60 1,211,528.75 0.83 172,861.85- 4,457.97 MED TERM NOTE 99.9560 87.4750 DTD 06/18/21 1.125 06/18/2026 MOODY'S RATING A1 CUSIP 89236TJK2 148 PAGE 16 STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO AS OF SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF ASSETS AND LIABILITIES COST VALUE MARKET VALUE % TOTAL UNREALIZED PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,215,000 TOYOTA MOTOR CREDIT CORP 1,213,371.90 1,126,523.70 0.78 86,848.20- 3,817.13 DTD 01/13/22 1.450 01/13/2025 99.8660 92.7180 MOODY'S RATING A1 CUSIP 89236TJT3 3,100,000 UNITED STATES TREASURY NOTES 3,057,617.20 2,919,084.00 2.01 138,533.20- 2,397.79 DTD 03/15/2022 1.750% 03/15/2025 98.6328 94.1640 MOODY'S RATING AAA CUSIP 91282CED9 3,000,000 UNITED STATES TREASURY NOTES 3,018,222.66 2,891,250.00 1.99 126,972.66- 24,639.95 DTD 06/30/2022 3.250% 06/30/2027 100.6074 96.3750 MOODY'S RATING AAA CUSIP 91282CEW7 400,000 UNITED STATES TREASURY NOTES 393,218.75 376,656.00 0.26 16,562.75- 1,853.26 DTD 07/31/2022 2.750% 07/31/2027 98.3047 94.1640 MOODY'S RATING AAA CUSIP 91282CFB2 4,500,000 UNITED STATES TREASURY NOTES 4,468,902.34 4,316,490.00 2.97 152,412.34- 12,042.47 DTD 08/31/2022 3.125% 08/31/2027 99.3090 95.9220 MOODY'S RATING AAA CUSIP 91282CFH9 1,035,000 UNITEDHEALTH GROUP INC 1,025,051.35 915,954.30 0.63 109,097.05- 4,496.50 DTD 05/19/21 1.150 05/15/2026 99.0388 88.4980 MOODY'S RATING A3 CUSIP 91324PEC2 675,000 UNITEDHEALTH GROUP INC 675,316.70 642,161.25 0.44 33,155.45- 9,088.13 DTD 05/20/2022 3.700% 05/15/2027 100.0469 95.1350 CALLABLE MOODY'S RATING A3 CUSIP 91324PEG3 1,250,000 US BANCORP 1,268,262.50 1,199,075.00 0.83 69,187.50- 5,083.33 DTD 07/29/19 2.400 07/30/2024 101.4610 95.9260 MOODY'S RATING A2 CUSIP 91159HHX1 149 PAGE 17 STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO AS OF SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF ASSETS AND LIABILITIES COST VALUE MARKET VALUE % TOTAL UNREALIZED PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,500,000 US TREASURY NOTE 1,469,765.63 1,340,745.00 0.92 129,020.63-631.79 DTD 07/31/20 0.250 07/31/2025 97.9844 89.3830 MOODY'S RATING AAA CUSIP 91282CAB7 2,400,000 US TREASURY NOTE 2,366,140.63 2,133,000.00 1.47 233,140.63-16.48 DTD 09/30/20 0.250 09/30/2025 98.5892 88.8750 MOODY'S RATING AAA CUSIP 91282CAM3 2,450,000 US TREASURY NOTE 2,422,492.19 2,169,695.50 1.49 252,796.69- 2,563.18 DTD 10/31/20 0.250 10/31/2025 98.8772 88.5590 MOODY'S RATING AAA CUSIP 91282CAT8 2,250,000 US TREASURY NOTE 2,209,658.20 1,994,850.00 1.37 214,808.20- 2,835.55 DTD 11/30/20 0.375 11/30/2025 98.2070 88.6600 MOODY'S RATING AAA CUSIP 91282CAZ4 2,500,000 US TREASURY NOTE 2,456,445.31 2,202,150.00 1.52 254,295.31- 1,579.48 DTD 02/01/21 0.375 01/31/2026 98.2578 88.0860 MOODY'S RATING AAA CUSIP 91282CBH3 1,450,000 US TREASURY NOTE 1,446,488.28 1,367,364.50 0.94 79,123.78-160.22 DTD 03/15/21 0.250 03/15/2024 99.7578 94.3010 MOODY'S RATING AAA CUSIP 91282CBR1 2,500,000 US TREASURY NOTE 2,493,652.34 2,213,775.00 1.52 279,877.34- 7,846.47 DTD 04/30/21 0.750 04/30/2026 99.7461 88.5510 MOODY'S RATING AAA CUSIP 91282CBW0 1,400,000 US TREASURY NOTE 1,379,054.68 1,231,622.00 0.85 147,432.68-33.65 DTD 09/30/21 0.875 09/30/2026 98.5039 87.9730 MOODY'S RATING AAA CUSIP 91282CCZ2 150 PAGE 18 STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO AS OF SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF ASSETS AND LIABILITIES COST VALUE MARKET VALUE % TOTAL UNREALIZED PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,400,000 US TREASURY NOTE 1,391,468.75 1,241,240.00 0.85 150,228.75- 6,591.03 DTD 11/01/21 1.125 10/31/2026 99.3906 88.6600 CUSIP 91282CDG3 2,000,000 US TREASURY NOTE 2,053,613.28 1,957,040.00 1.35 96,573.28- 7,024.46 DTD 02/18/14 2.750 02/15/2024 102.6807 97.8520 MOODY'S RATING AAA CUSIP 912828B66 1,700,000 US TREASURY NOTE 1,753,191.41 1,641,622.00 1.13 111,569.41- 5,156.59 DTD 08/15/14 2.375 08/15/2024 103.1289 96.5660 MOODY'S RATING AAA CUSIP 912828D56 1,500,000 US TREASURY NOTE 1,529,472.66 1,463,085.00 1.01 66,387.66- 8,529.21 DTD 01/03/17 2.250 12/31/2023 101.9649 97.5390 MOODY'S RATING AAA CUSIP 912828V23 2,000,000 US TREASURY NOTE 2,018,574.22 1,923,120.00 1.32 95,454.22- 10,108.70 DTD 06/30/17 2.000 06/30/2024 100.9287 96.1560 MOODY'S RATING AAA CUSIP 912828XX3 1,700,000 US TREASURY NOTE 1,705,976.56 1,639,769.00 1.13 66,207.56- 14,228.26 DTD 05/01/17 2.000 04/30/2024 100.3516 96.4570 MOODY'S RATING AAA CUSIP 912828X70 2,100,000 US TREASURY NOTE 2,087,203.13 1,989,750.00 1.37 97,453.13- 9,287.36 DTD 12/31/19 1.750 12/31/2024 99.3906 94.7500 CUSIP 912828YY0 1,500,000 US TREASURY NOTE 1,523,144.53 1,393,005.00 0.96 130,139.53- 1,445.10 DTD 03/02/20 1.125 02/28/2025 101.5430 92.8670 MOODY'S RATING AAA CUSIP 912828ZC7 151 PAGE 19 STATEMENT OF ASSETS AND LIABILITIES CITY OF CUPERTINO AS OF SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF ASSETS AND LIABILITIES COST VALUE MARKET VALUE % TOTAL UNREALIZED PAR VALUE/SHARES DESCRIPTION / UNIT COST / UNIT PRICE MARKET GAIN/LOSS ACCRUED INCOME ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 2,500,000 US TREASURY NOTE 2,360,839.85 2,264,550.00 1.56 96,289.85- 3,923.23 DTD 04/30/20 0.375 04/30/2025 94.4336 90.5820 MOODY'S RATING AAA CUSIP 912828ZL7 570,000 VERIZON MASTER TRUST 569,974.92 564,408.30 0.39 5,566.62-647.90 ASSET BCKD SEC SER 2022-5 CL A1A 99.9956 99.0190 DTD 08/11/2022 VAR CPN 07/20/2027 CALLABLE CUSIP 92348KAV5 703,950.04 VERIZON OWNER TRUST 703,802.21 693,066.97 0.48 10,735.24-101.10 SER 2020-B CL A *0 DAY DELAY*99.9790 98.4540 DTD 08/12/20 0.470 02/20/2025 MOODY'S RATING AAA CUSIP 92290BAA9 87,146.08 VERIZON OWNER TRUST 87,139.36 86,946.52 0.06 192.84-51.66 SER 2019-C CL A1A *0 DAY DELAY*99.9923 99.7710 144A PRIV PLCMT 1.940 04/22/2024 CUSIP 92348AAA3 350,000 WALMART INC 349,338.50 305,392.50 0.21 43,946.00-142.92 DTD 09/17/21 1.050 09/17/2026 99.8110 87.2550 MOODY'S RATING AA2 CUSIP 931142ER0 TOTAL BOND & NOTES 155,753,877.62 145,006,694.37 99.83 10,747,183.25- 512,462.62 ====================================================================================================================================== TOTAL INVESTMENTS 155,998,078.10 145,250,894.85 100.00 10,747,183.25- 512,716.16 TOTAL ACCRUALS 512,716.16 512,716.16 ====================================================================================================================================== TOTAL ACCRUALS AND INVESTMENTS 156,510,794.26 145,763,611.01 152 PAGE 20 CASH SUMMARY CITY OF CUPERTINO FOR THE PERIOD SEPTEMBER 1, 2022 THROUGH SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ CASH SUMMARY DESCRIPTION PRINCIPAL CASH INCOME CASH ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ BEGINNING BALANCE 0.00 0.00 RECEIPTS NET INTEREST COLLECTED 0.00 193,979.95 TRANSFER RECEIPTS 193,979.95 0.00 SALES 1,484,134.93 0.00 CASH MANAGEMENT SALES 313,414.31 0.00 TOTAL CASH RECEIPTS 1,991,529.19 193,979.95 DISBURSEMENTS INVESTMENT MANAGEMENT EXPENSES 9,118.15-0.00 TRANSFER DISBURSEMENTS 0.00 193,979.95- PURCHASES 1,479,332.03-0.00 CASH MANAGEMENT PURCHASES 503,079.01-0.00 TOTAL CASH DISBURSEMENTS 1,991,529.19-193,979.95- ENDING BALANCE 0.00 0.00 ________________________________________________________________________________________________________________________________________ 153 PAGE 21 STATEMENT OF TRANSACTIONS CITY OF CUPERTINO FOR THE PERIOD SEPTEMBER 1, 2022 THROUGH SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF TRANSACTIONS REALIZED DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ BEGINNING BALANCE 0.00 155,836,585.66 ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ CASH EQUIVALENTS 09/01/22 INTEREST RECEIVED 572.62 AS 100% TREAS MM FD-SVC CL #008 INTEREST FROM 8/1/22 TO 8/31/22 09/01/22 INTEREST RECEIVED 45.84 PRINCIPAL PUBLIC DEPOSIT SWEEP PRGRM INTEREST FROM 8/1/22 TO 8/31/22 09/30/22 503,033.17 CASH SWEEP PURCHASES FOR STMT PERIOD 503,033.17-503,033.17 AS 100% TREAS MM FD-SVC CL #008 16 TRANSACTIONS 09/30/22 45.84 CASH SWEEP PURCHASES FOR STMT PERIOD 45.84-45.84 PRINCIPAL PUBLIC DEPOSIT SWEEP PRGRM 1 TRANSACTIONS 09/30/22 313,414.31- CASH SWEEP SALES FOR STMT PERIOD 313,414.31 313,414.31- AS 100% TREAS MM FD-SVC CL #008 4 TRANSACTIONS BONDS & NOTES 09/15/22 INTEREST RECEIVED 2,845.38 AMERICAN EXPRES ABS 2.210% 3/15/27 CUSIP 02589BAA8 $0.00184/PV ON 1,545,000.00 PV DUE 9/15/22 09/15/22 INTEREST RECEIVED 3,884.38 AMERICAN EXPRESS ABS 3.390% 5/17/27 CUSIP 02582JJT8 $0.00283/PV ON 1,375,000.00 PV DUE 9/15/22 154 PAGE 22 STATEMENT OF TRANSACTIONS CITY OF CUPERTINO FOR THE PERIOD SEPTEMBER 1, 2022 THROUGH SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF TRANSACTIONS REALIZED DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/15/22 INTEREST RECEIVED 18,572.50 BERKSHIRE HATH 2.300% 3/15/27 CUSIP 084664CZ2 INTEREST ON 1,615,000.000 UNITS 09/26/22 INTEREST RECEIVED 116.88 BMW VEHICLE LEASE TR 0.330% 12/26/24 CUSIP 09690AAC7 $0.00027/PV ON 425,000.00 PV DUE 9/25/22 09/26/22 INTEREST RECEIVED 412.50 BMW VEHICLE LEASE TR 1.100% 3/25/25 CUSIP 05601XAC3 09/26/22 INTEREST RECEIVED 1,417.75 BMW VEHICLE OWN ABS 3.210% 8/25/26 CUSIP 05602RAD3 09/06/22 INTEREST RECEIVED 11,760.00 CHARLES SCHWAB CORP 2.450% 3/03/27 CUSIP 808513BY0 INTEREST ON 960,000.000 UNITS 09/08/22 INTEREST RECEIVED 4,750.00 FED HOME LN BK 2.375% 9/08/23 CUSIP 3130A3DL5 INTEREST ON 400,000.000 UNITS 09/09/22 400,000- SOLD 395,092.00 413,264.00-18,172.00- FED HOME LN BK 2.375% 9/08/23 CUSIP 3130A3DL5 AT $98.7730 ON TRADE DATE 09/08/2022 TO SETTLE ON 09/09/2022 MELLON BANK/CAPITAL MARKETS 155 PAGE 23 STATEMENT OF TRANSACTIONS CITY OF CUPERTINO FOR THE PERIOD SEPTEMBER 1, 2022 THROUGH SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF TRANSACTIONS REALIZED DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/09/22 ACCRUED INTEREST ON SALE 26.39 FED HOME LN BK 2.375% 9/08/23 CUSIP 3130A3DL5 09/13/22 INTEREST RECEIVED 28,750.00 FED HOME LN BK 2.875% 9/13/24 CUSIP 3130A2UW4 INTEREST ON 2,000,000.000 UNITS 09/08/22 INTEREST RECEIVED 24,375.00 FED HOME LN BK 3.250% 3/08/24 CUSIP 3130A0XE5 INTEREST ON 1,500,000.000 UNITS 09/23/22 INTEREST RECEIVED 4,687.50 FED HOME LN MTG CORP 0.375% 9/23/25 CUSIP 3137EAEX3 INTEREST ON 2,500,000.000 UNITS 09/26/22 INTEREST RECEIVED 3,435.25 FED HOME LN MTG CORP 3.171% 10/25/24 CUSIP 3137BFE98 $0.00264/PV ON 1,300,000.00 PV DUE 9/25/22 09/26/22 INTEREST RECEIVED 1,437.04 FHLMC MULTIFAMILY ST 2.653% 8/25/26 CUSIP 3137BSP72 $0.00221/PV ON 650,000.00 PV DUE 9/25/22 09/26/22 INTEREST RECEIVED 1,422.62 FHLMC MULTIFAMILY ST 2.995% 12/25/25 CUSIP 3137BN6G4 $0.00250/PV ON 570,000.00 PV DUE 9/25/22 156 PAGE 24 STATEMENT OF TRANSACTIONS CITY OF CUPERTINO FOR THE PERIOD SEPTEMBER 1, 2022 THROUGH SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF TRANSACTIONS REALIZED DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/26/22 INTEREST RECEIVED 2,508.33 FHLMC MULTIFAMILY ST 3.010% 8/25/25 CUSIP 3137BLMZ8 $0.00251/PV ON 1,000,000.00 PV DUE 9/25/22 09/26/22 INTEREST RECEIVED 1,212.93 FHLMC MULTIFAMILY ST 3.308% 9/25/25 CUSIP 3137BM7C4 $0.00276/PV ON 440,000.00 PV DUE 9/25/22 09/23/22 INTEREST RECEIVED 1,007.50 GM FINANCIAL ABS 3.100% 2/16/27 CUSIP 362585AC5 09/20/22 INTEREST RECEIVED 313.63 GM FINANCIAL AUTOMOB 0.390% 10/21/24 CUSIP 36262XAC8 $0.00032/PV ON 965,000.00 PV DUE 9/20/22 09/20/22 INTEREST RECEIVED 1,496.25 GM FINANCIAL AUTOMOB 1.850% 3/20/25 CUSIP 36265MAC9 $0.00158/PV ON 945,000.00 PV DUE 9/20/22 09/16/22 INTEREST RECEIVED 198.33 GM FINANCIAL SECURIT 0.680% 9/16/26 CUSIP 362554AC1 $0.00057/PV ON 350,000.00 PV DUE 9/16/22 09/16/22 INTEREST RECEIVED 309.75 GM FINANCIAL SECURIT 1.260% 11/16/26 CUSIP 380146AC4 $0.00105/PV ON 295,000.00 PV DUE 9/16/22 157 PAGE 25 STATEMENT OF TRANSACTIONS CITY OF CUPERTINO FOR THE PERIOD SEPTEMBER 1, 2022 THROUGH SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF TRANSACTIONS REALIZED DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/21/22 INTEREST RECEIVED 62.12 HONDA AUTO RECEIVABL 0.270% 4/21/25 CUSIP 43813GAC5 $0.00023/PV ON 276,106.97 PV DUE 9/21/22 09/21/22 18,962.21- PAID DOWN 18,962.21 18,961.86-0.35 HONDA AUTO RECEIVABL 0.270% 4/21/25 CUSIP 43813GAC5 09/19/22 INTEREST RECEIVED 127.11 HONDA AUTO RECEIVABL 0.370% 10/18/24 CUSIP 43813KAC6 $0.00031/PV ON 412,256.56 PV DUE 9/18/22 09/19/22 33,068.09- PAID DOWN 33,068.09 33,063.23-4.86 HONDA AUTO RECEIVABL 0.370% 10/18/24 CUSIP 43813KAC6 TO SETTLE ON 09/19/2022 09/15/22 INTEREST RECEIVED 58.65 HONDA AUTO RECEIVABL 0.820% 7/15/24 CUSIP 43813DAC2 $0.00068/PV ON 85,823.19 PV DUE 9/15/22 09/15/22 8,330.67- PAID DOWN 8,330.67 8,330.01-0.66 HONDA AUTO RECEIVABL 0.820% 7/15/24 CUSIP 43813DAC2 09/21/22 INTEREST RECEIVED 337.33 HONDA AUTO RECEIVABL 0.880% 1/21/26 CUSIP 43815GAC3 $0.00073/PV ON 460,000.00 PV DUE 9/21/22 158 PAGE 26 STATEMENT OF TRANSACTIONS CITY OF CUPERTINO FOR THE PERIOD SEPTEMBER 1, 2022 THROUGH SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF TRANSACTIONS REALIZED DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/15/22 INTEREST RECEIVED 1,159.33 HONDA AUTO RECEIVABL 1.000% 5/15/26 CUSIP 43815BAC4 $0.00157/PV ON 740,000.00 PV DUE 9/15/22 09/15/22 INTEREST RECEIVED 163.59 HONDA AUTO RECEIVABL 1.780% 8/15/23 CUSIP 43815NAC8 $0.00148/PV ON 110,281.49 PV DUE 9/15/22 09/15/22 43,032.09- PAID DOWN 43,032.09 42,959.75-72.34 HONDA AUTO RECEIVABL 1.780% 8/15/23 CUSIP 43815NAC8 09/15/22 INTEREST RECEIVED 217.25 HYUNDAI AUTO LEASE 0.330% 6/17/24 CUSIP 44891VAC5 $0.00027/PV ON 790,000.00 PV DUE 9/15/22 09/15/22 INTEREST RECEIVED 522.00 HYUNDAI AUTO LEASE 1.160% 1/15/25 CUSIP 44891WAC3 $0.00097/PV ON 540,000.00 PV DUE 9/15/22 09/15/22 INTEREST RECEIVED 1,868.50 HYUNDAI AUTO REC ABS 2.220% 10/15/26 CUSIP 448977AD0 $0.00185/PV ON 1,010,000.00 PV DUE 9/15/22 09/15/22 INTEREST RECEIVED 163.08 HYUNDAI AUTO RECEIVA 0.380% 9/15/25 CUSIP 44933LAC7 $0.00032/PV ON 515,000.00 PV DUE 9/15/22 159 PAGE 27 STATEMENT OF TRANSACTIONS CITY OF CUPERTINO FOR THE PERIOD SEPTEMBER 1, 2022 THROUGH SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF TRANSACTIONS REALIZED DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/15/22 INTEREST RECEIVED 820.17 HYUNDAI AUTO RECEIVA 0.740% 5/15/26 CUSIP 44935FAD6 $0.00062/PV ON 1,330,000.00 PV DUE 9/15/22 09/15/22 INTEREST RECEIVED 870.00 JOHN DEERE OWNER ABS 2.320% 9/16/26 CUSIP 47787JAC2 $0.00193/PV ON 450,000.00 PV DUE 9/15/22 09/15/22 INTEREST RECEIVED 3,742.60 JOHN DEERE OWNER ABS 3.740% 2/16/27 CUSIP 47800AAC4 $0.00571/PV ON 655,000.00 PV DUE 9/15/22 09/15/22 INTEREST RECEIVED 59.43 JOHN DEERE OWNER TRU 0.510% 11/15/24 CUSIP 47787NAC3 $0.00042/PV ON 139,828.63 PV DUE 9/15/22 09/15/22 10,595.16- PAID DOWN 10,595.16 10,593.55-1.61 JOHN DEERE OWNER TRU 0.510% 11/15/24 CUSIP 47787NAC3 09/15/22 INTEREST RECEIVED 251.33 JOHN DEERE OWNER TRU 0.520% 3/16/26 CUSIP 47789QAC4 $0.00043/PV ON 580,000.00 PV DUE 9/15/22 09/15/22 INTEREST RECEIVED 104.96 JOHN DEERE OWNER TRU 1.100% 8/15/24 CUSIP 47789KAC7 $0.00092/PV ON 114,500.71 PV DUE 9/15/22 160 PAGE 28 STATEMENT OF TRANSACTIONS CITY OF CUPERTINO FOR THE PERIOD SEPTEMBER 1, 2022 THROUGH SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF TRANSACTIONS REALIZED DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/15/22 11,845.8- PAID DOWN 11,845.80 11,845.08-0.72 JOHN DEERE OWNER TRU 1.100% 8/15/24 CUSIP 47789KAC7 09/15/22 INTEREST RECEIVED 140.49 JOHN DEERE OWNER TRU 2.210% 12/15/23 CUSIP 477870AC3 $0.00184/PV ON 76,282.57 PV DUE 9/15/22 09/15/22 19,717.9- PAID DOWN 19,717.90 19,900.44-182.54- JOHN DEERE OWNER TRU 2.210% 12/15/23 CUSIP 477870AC3 09/15/22 INTEREST RECEIVED 69.85 MERCEDES-BENZ AUTO 0.400% 11/15/23 CUSIP 58769EAC2 $0.00033/PV ON 209,551.58 PV DUE 9/15/22 09/15/22 34,966.54- PAID DOWN 34,966.54 34,964.77-1.77 MERCEDES-BENZ AUTO 0.400% 11/15/23 CUSIP 58769EAC2 09/15/22 INTEREST RECEIVED 579.32 NISSAN AUTO RECEIVAB 1.930% 7/15/24 CUSIP 65479JAD5 $0.00161/PV ON 360,199.61 PV DUE 9/15/22 09/15/22 55,325.43- PAID DOWN 55,325.43 55,599.89-274.46- NISSAN AUTO RECEIVAB 1.930% 7/15/24 CUSIP 65479JAD5 09/14/22 INTEREST RECEIVED 4,812.50 P/P MET TOWER GLOBAL 1.250% 9/14/26 CUSIP 58989V2D5 INTEREST ON 770,000.000 UNITS 161 PAGE 29 STATEMENT OF TRANSACTIONS CITY OF CUPERTINO FOR THE PERIOD SEPTEMBER 1, 2022 THROUGH SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF TRANSACTIONS REALIZED DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/01/22 INTEREST RECEIVED 3,616.00 P/P PRICOA GLOBAL FU 0.800% 9/01/25 CUSIP 74153WCM9 INTEREST ON 904,000.000 UNITS 09/15/22 INTEREST RECEIVED 213.72 TOYOTA AUTO RECEIVAB 0.260% 5/15/25 CUSIP 89240BAC2 $0.00022/PV ON 986,412.54 PV DUE 9/15/22 09/15/22 65,209.6- PAID DOWN 65,209.60 65,197.50-12.10 TOYOTA AUTO RECEIVAB 0.260% 5/15/25 CUSIP 89240BAC2 09/15/22 INTEREST RECEIVED 92.32 TOYOTA AUTO RECEIVAB 0.350% 1/15/25 CUSIP 89236XAC0 $0.00029/PV ON 316,534.22 PV DUE 9/15/22 09/15/22 28,307.02- PAID DOWN 28,307.02 28,301.75-5.27 TOYOTA AUTO RECEIVAB 0.350% 1/15/25 CUSIP 89236XAC0 09/15/22 INTEREST RECEIVED 254.42 TOYOTA AUTO RECEIVAB 0.710% 4/15/26 CUSIP 89238JAC9 $0.00059/PV ON 430,000.00 PV DUE 9/15/22 09/20/22 INTEREST RECEIVED 1,878.33 TOYOTA LEASE OWN ABS 1.960% 2/20/25 CUSIP 89238LAC4 $0.00163/PV ON 1,150,000.00 PV DUE 9/20/22 162 PAGE 30 STATEMENT OF TRANSACTIONS CITY OF CUPERTINO FOR THE PERIOD SEPTEMBER 1, 2022 THROUGH SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF TRANSACTIONS REALIZED DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/20/22 INTEREST RECEIVED 227.50 TOYOTA LEASE OWNER 0.390% 4/22/24 CUSIP 89238EAC0 $0.00032/PV ON 700,000.00 PV DUE 9/20/22 09/15/22 INTEREST RECEIVED 27,125.00 U.S. TREASURY NOTES 1.750% 3/15/25 CUSIP 91282CED9 INTEREST ON 3,100,000.000 UNITS 09/09/22 1,100,000 PURCHASED 1,089,644.53- 1,089,644.53 U.S. TREASURY NOTES 3.125% 8/31/27 CUSIP 91282CFH9 AT $99.0586 ON TRADE DATE 09/08/2022 TO SETTLE ON 09/09/2022 CITADEL DERIVATIVES GROUP LLC 09/09/22 ACCRUED INTEREST ON PURCHASE 854.63- U.S. TREASURY NOTES 3.125% 8/31/27 CUSIP 91282CFH9 09/20/22 400,000 PURCHASED 389,687.50-389,687.50 U.S. TREASURY NOTES 3.125% 8/31/27 CUSIP 91282CFH9 AT $97.4219 ON TRADE DATE 09/19/2022 TO SETTLE ON 09/20/2022 CITADEL DERIVATIVES GROUP LLC 09/20/22 ACCRUED INTEREST ON PURCHASE 690.61- U.S. TREASURY NOTES 3.125% 8/31/27 CUSIP 91282CFH9 09/15/22 INTEREST RECEIVED 1,812.50 US TREASURY NOTE 0.250% 3/15/24 SEDOL BMDB780 INTEREST ON 1,450,000.000 UNITS 163 PAGE 31 STATEMENT OF TRANSACTIONS CITY OF CUPERTINO FOR THE PERIOD SEPTEMBER 1, 2022 THROUGH SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF TRANSACTIONS REALIZED DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/30/22 INTEREST RECEIVED 3,000.00 US TREASURY NOTE 0.250% 9/30/25 CUSIP 91282CAM3 INTEREST ON 2,400,000.000 UNITS 09/30/22 INTEREST RECEIVED 6,125.00 US TREASURY NOTE 0.875% 9/30/26 CUSIP 91282CCZ2 INTEREST ON 1,400,000.000 UNITS 09/09/22 650,000- SOLD 636,542.97 641,405.27-4,862.30- US TREASURY NOTE 1.625% 10/31/23 CUSIP 912828T91 AT $97.9297 ON TRADE DATE 09/08/2022 TO SETTLE ON 09/09/2022 J.P. MORGAN SECURITIES INC., - 09/09/22 ACCRUED INTEREST ON SALE 3,788.72 US TREASURY NOTE 1.625% 10/31/23 CUSIP 912828T91 09/21/22 INTEREST RECEIVED 2,297.10 VERIZON MAST ABS V-M 3.720% 7/20/27 CUSIP 92348KAV5 09/20/22 INTEREST RECEIVED 313.33 VERIZON OWNER TRUST 0.470% 2/20/25 CUSIP 92290BAA9 $0.00039/PV ON 800,000.00 PV DUE 9/20/22 09/20/22 96,049.96- PAID DOWN 96,049.96 96,029.79-20.17 VERIZON OWNER TRUST 0.470% 2/20/25 CUSIP 92290BAA9 164 PAGE 32 STATEMENT OF TRANSACTIONS CITY OF CUPERTINO FOR THE PERIOD SEPTEMBER 1, 2022 THROUGH SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF TRANSACTIONS REALIZED DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/20/22 INTEREST RECEIVED 184.68 VERIZON OWNER TRUST 1.940% 4/22/24 CUSIP 92348AAA3 $0.00162/PV ON 114,235.57 PV DUE 9/20/22 09/20/22 27,089.49- PAID DOWN 27,089.49 27,087.40-2.09 VERIZON OWNER TRUST 1.940% 4/22/24 CUSIP 92348AAA3 09/26/22 INTEREST RECEIVED 2,550.00 VR FED HOME LN MTG 3.060% 7/25/23 CUSIP 3137B4WB8 $0.00255/PV ON 1,000,000.00 PV DUE 9/25/22 09/26/22 INTEREST RECEIVED 2,639.42 VR FHLMC MULTIFAMI 3.334% 8/25/25 CUSIP 3137BLW95 $0.00278/PV ON 950,000.00 PV DUE 9/25/22 09/26/22 INTEREST RECEIVED 2,939.17 VR FHLMC MULTIFAMILY 3.527% 10/25/23 CUSIP 3137B7MZ9 $0.00294/PV ON 1,000,000.00 PV DUE 9/25/22 09/26/22 INTEREST RECEIVED 2,942.50 VR FHLMC MULTIFAMILY 3.531% 7/25/23 CUSIP 3137B5JM6 $0.00294/PV ON 1,000,000.00 PV DUE 9/25/22 09/19/22 INTEREST RECEIVED 1,837.50 WALMART INC 1.050% 9/17/26 CUSIP 931142ER0 INTEREST ON 350,000.000 UNITS 165 PAGE 33 STATEMENT OF TRANSACTIONS CITY OF CUPERTINO FOR THE PERIOD SEPTEMBER 1, 2022 THROUGH SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF TRANSACTIONS REALIZED DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ TRANSFER RECEIPTS 09/01/22 ADDITION TO ACCOUNT 4,234.46 TRANSFER FROM INCOME 09/06/22 ADDITION TO ACCOUNT 11,760.00 TRANSFER FROM INCOME 09/08/22 ADDITION TO ACCOUNT 29,125.00 TRANSFER FROM INCOME 09/09/22 ADDITION TO ACCOUNT 2,960.48 TRANSFER FROM INCOME 09/13/22 ADDITION TO ACCOUNT 28,750.00 TRANSFER FROM INCOME 09/14/22 ADDITION TO ACCOUNT 4,812.50 TRANSFER FROM INCOME 09/15/22 ADDITION TO ACCOUNT 60,928.68 TRANSFER FROM INCOME 09/16/22 ADDITION TO ACCOUNT 5,170.17 TRANSFER FROM INCOME 09/19/22 ADDITION TO ACCOUNT 1,964.61 TRANSFER FROM INCOME 09/20/22 ADDITION TO ACCOUNT 3,723.11 TRANSFER FROM INCOME 09/21/22 ADDITION TO ACCOUNT 399.45 TRANSFER FROM INCOME 166 PAGE 34 STATEMENT OF TRANSACTIONS CITY OF CUPERTINO FOR THE PERIOD SEPTEMBER 1, 2022 THROUGH SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF TRANSACTIONS REALIZED DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/22/22 ADDITION TO ACCOUNT 2,297.10 TRANSFER FROM INCOME 09/23/22 ADDITION TO ACCOUNT 4,687.50 TRANSFER FROM INCOME 09/26/22 ADDITION TO ACCOUNT 22,211.64 TRANSFER FROM INCOME 09/27/22 ADDITION TO ACCOUNT 1,830.25 TRANSFER FROM INCOME 09/30/22 ADDITION TO ACCOUNT 9,125.00 TRANSFER FROM INCOME INVESTMENT MANAGEMENT EXPENSES 09/06/22 INVESTMENT MGMT FEE 9,118.15- PAID TO CHANDLER ASSET MANAGEMENT INC CHANDLER ASSET MGMT FEE INV 2208CUPERTIN TRANSFER DISBURSEMENTS 09/01/22 TRANSFER TO PRINCIPAL 4,234.46- 09/06/22 TRANSFER TO PRINCIPAL 11,760.00- 09/08/22 TRANSFER TO PRINCIPAL 29,125.00- 09/09/22 TRANSFER TO PRINCIPAL 2,960.48- 09/13/22 TRANSFER TO PRINCIPAL 28,750.00- 09/14/22 TRANSFER TO PRINCIPAL 4,812.50- 167 PAGE 35 STATEMENT OF TRANSACTIONS CITY OF CUPERTINO FOR THE PERIOD SEPTEMBER 1, 2022 THROUGH SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ STATEMENT OF TRANSACTIONS REALIZED DATE PAR VALUE/SHARES DESCRIPTION CASH COST VALUE GAIN/LOSS ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 09/15/22 TRANSFER TO PRINCIPAL 60,928.68- 09/16/22 TRANSFER TO PRINCIPAL 5,170.17- 09/19/22 TRANSFER TO PRINCIPAL 1,964.61- 09/20/22 TRANSFER TO PRINCIPAL 3,723.11- 09/21/22 TRANSFER TO PRINCIPAL 399.45- 09/22/22 TRANSFER TO PRINCIPAL 2,297.10- 09/23/22 TRANSFER TO PRINCIPAL 4,687.50- 09/26/22 TRANSFER TO PRINCIPAL 22,211.64- 09/27/22 TRANSFER TO PRINCIPAL 1,830.25- 09/30/22 TRANSFER TO PRINCIPAL 9,125.00- ================================================================================================================= ENDING BALANCE 0.00 155,998,078.10 ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 168 INVESTMENT AND INSURANCE PRODUCTS ARE: ·NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) OR ANY FEDERAL GOVERNMENT AGENCY ·NOT A DEPOSIT, OBLIGATION OF, OR GUARANTEED BY ANY BANK OR BANKING AFFILIATE ·SUBJECT TO INVESTMENT RISKS AND MAY LOSE VALUE, INCLUDING POSSIBLE LOSS OF PRINCIPAL AMOUNT INVESTED PAGE 36 PENDING TRADES SCHEDULE CITY OF CUPERTINO FOR THE PERIOD SEPTEMBER 1, 2022 THROUGH SEPTEMBER 30, 2022 ACCOUNT NUMBER ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯ PENDING TRADES SCHEDULE TRADE SETTLE ACCRUED DUE TO/FROM MONTH END PAR VALUE/SHARES DESCRIPTION DATE DATE INTEREST BROKER MARKET VALUE ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ PENDING PURCHASES ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,000,000 FHLMC MULTIFAMILY ST 3.244% 8/25/27 09/28/22 10/03/22 180.22- 950,664.06- 943,990.00 PRICE: 95.0664 CUSIP 3137FBBX3 250,000 U.S. TREASURY NOTES 3.250% 6/30/27 09/28/22 10/03/22 2,097.49- 242,089.84- 240,937.50 PRICE: 96.8359 CUSIP 91282CEW7 ==================================================================================================================================== TOTAL PENDING PURCHASES 2,277.71- 1,192,753.90- 1,184,927.50 PENDING SALES ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ 1,000,000- VR FHLMC MULTIFAMILY 3.531% 7/25/23 09/28/22 10/03/22 196.17 992,773.44 992,160.00- PRICE: 99.2773 CUSIP 3137B5JM6 ==================================================================================================================================== TOTAL PENDING SALES 196.17 992,773.44 992,160.00- ____________________________________________________________________________________________________________________________________ NET PENDING TRADES 2,081.54- 199,980.46- 192,767.50 169 CITY OF CUPERTINO PARS Post-Employment Benefits Trust 9/1/2022 to 9/30/2022 Kristina Alfaro Director of Administrative Services City of Cupertino 10300 Torre Ave. Cupertino, CA 95014 Account Summary Source 9/1/2022 Contributions Earnings Expenses Distributions Transfers 9/30/2022 OPEB 1001 $32,172,804.96 $0.00 -$2,370,360.51 $9,609.64 $0.00 $0.00 $29,792,834.81 PENSION 1002 $17,693,782.10 $0.00 -$1,302,893.51 $5,286.50 $0.00 $0.00 $16,385,602.09 Totals $49,866,587.06 $0.00 -$3,673,254.02 $14,896.14 $0.00 $0.00 $46,178,436.90 Investment Selection Source OPEB PENSION Investment Objective Source OPEB PENSION Investment Return Source 1-Month 3-Months 1-Year 3-Years 5-Years 10-Years OPEB -7.37%-4.85%-20.39%0.86%2.46%4.72%6/21/2010 PENSION -7.36%-4.87%-20.38%2.06%--3/26/2019 Information as provided by US Bank, Trustee for PARS; Not FDIC Insured; No Bank Guarantee; May Lose Value Headquarters - 4350 Von Karman Ave., Suite 100, Newport Beach, CA 92660 800.540.6369 Fax 949.250.1250 www.pars.org Account balances are inclusive of Trust Administration, Trustee and Investment Management fees Annualized Return Investment Return: Annualized rate of return is the return on an investment over a period other than one year multiplied or divided to give a comparable one-year return. Past performance does not guarantee future results. Performance returns may not reflect the deduction of applicable fees, which could reduce returns. Information is deemed reliable but may be subject to change. Individual account based on US Bank Balanced MM. Dual goals are to provide a moderate amount of current income with moderate capital growth. Income production and longer term growth of capital. Account Report for the Period Balance as of City of Cupertino - OPEB Balance as of Individual account based on US Bank Balanced MM. Dual goals are to provide a moderate amount of current income with moderate capital growth. Income production and longer term growth of capital. City of Cupertino - PEN Plan's Inception Date 170 10/3/22, 11:58 AM LAIF Regular Monthly Statement https://laifms.treasurer.ca.gov/RegularStatement.aspx 1/1 Local Agency Investment Fund P.O. Box 942809 Sacramento, CA 94209-0001 (916) 653-3001 October 03, 2022 LAIF Home PMIA Average Monthly Yields CITY OF CUPERTINO FINANCE MANAGER 10300 TORRE AVENUE CUPERTINO, CA 95014 Account Number: September 2022 Statement Tran Type Definitions Account Summary Total Deposit 0 00 Beginning Balance 21,099,180 18 Total Withdrawal:0.00 Ending Balance:21,099,180.18 171 CITY OF CUPERTINO Agenda Item 22-11635 Agenda Date: 10/24/2022 Agenda #: 5. ACTION ITEM Subject: Consider the Monthly Treasurer's Report for September 2022 Review the Monthly Treasurer's Report for September 2022 and recommend filing with City Council Presenter: Thomas Leung, Senior Management Analyst 5:30(15) CITY OF CUPERTINO Printed on 10/21/2022Page 1 of 1 powered by Legistar™172 1 AUDIT COMMITTEE STAFF REPORT Meeting: October 24, 2022 Subject Consider the Monthly Treasurer's Report for September 2022 Recommended Action Review the Monthly Treasurer's Report for September 2022 and recommend filing with City Council Discussion Background California Government Code Section 41004 states: Regularly, at least once each month, the city treasurer shall submit to the city clerk a written report and accounting of all receipts, disbursements, and fund balances. The city treasurer shall file a copy with the legislative body. The City's Municipal Code Section 2.24.030 Monthly Reports states: The Treasurer shall make monthly reports which conform to the requirements of Government Code Section 41004. Said reports shall be delivered to the City Council, the City Manager and made available for review by such other persons who may so request. Lastly, the City's Municipal Code Section 2.88.100 Duties–Powers–Responsibilities lists one of the powers and functions of the Audit Committee is "to review the monthly Treasurer's report." Per the referenced code provisions, a Treasurer's Report (report and accounting of all receipts, disbursements, and fund balances) shall be submitted to the Audit Committee and City Council every month. 173 2 Cash vs. Accrual Basis Accounting Cash and accrual basis accounting differ in the timing when revenues and expenses are recognized and recorded. Cash basis accounting recognizes revenues when payment is received and expenses when payment is paid. Accrual basis accounting recognizes revenues when they are earned (but not necessarily received) and expenses when they are incurred (but not necessarily paid). Receipts, disbursements, and cash balance are measured on a cash basis. The cash balance shows the total cash and investments in the City's accounts. The ending balance is the beginning balance plus receipts minus disbursements. Journal adjustments generally include transactions recorded in other systems and imported into New World, Council- approved budget adjustments, quarterly Cost Allocation Plan (CAP) charges, and quarterly interest earnings. Revenues, expenditures, and fund balance are measured on an accrual basis. As a result, the amount in fund balance does not mean the City has that much cash on hand. Instead, fund balance is the difference between assets and liabilities. The ending balance is the beginning balance plus revenues minus expenditures. Treasurer's Report The report provides an update on the City's cash and fund balances for September 2022. The report is as of October 20, 2022. Receipts, Disbursements, and Cash Balance The City's General Fund ending cash and investment balance was $105.1 million, a decrease of $2.5 million from the prior month. Receipts were $7.7 million, disbursements were ($9.7) million, and journal adjustments were ($554,702) for the month. The City's total ending cash and investment balance was $216.6 million, a decrease of $4.4 million from the prior month. Receipts were $8.2 million, disbursements were ($12.9) million, and journal adjustments were $0.3 million for the month. In September 2022, the journal adjustments included the following:  Parks and Recreation transactions imported from ActiveNet into New World  Workers’ Compensation transactions  Quarterly Cost Allocation Plan (CAP) transactions Fund Balance/Net Position The City's General Fund ending fund balance was $89.5 million, decreasing by $6.9 million from the prior month due to revenues of $4.1 million and expenditures of $11.0 million. The City's total ending fund balance was $197.7 million, decreasing by $8.4 million from the prior month due to revenues of $6.0 million and expenditures of $14.4 million. 174 3 Sustainability Impact No sustainability impact. Fiscal Impact No fiscal impact. _____________________________________ Prepared by: __________________ Thomas Leung Senior Management Analyst Reviewed by: __________________ Kristina Alfaro Director of Administrative Services Approved for Submission by: __________________ Pamela Wu City Manager Attachments: A – Report of City-wide Receipts, Disbursements, and Cash Balances September 2022 B – Report of City‐wide Fund Balances/Net Position September 2022 C – Weekly Payment Register for Period Ending September 6, 2022 D – Weekly Payment Register for Period Ending September 12, 2022 E – Weekly Payment Register for Period Ending September 19, 2022 F – Weekly Payment Register for Period Ending September 26, 2022 G – Weekly Payment Register for Period Ending October 3, 2022 175 September 2022 Report of City-wide Receipts, Disbursements, and Cash Balances Cash and Investments Beginning Balance Ending Balance Fund Type Fund Number/Name as of August 31, 2022 Receipts Disbursements Journal Adjustments as of September 30, 2022 General Fund 100 General Fund 107,635,775 7,739,191 (9,681,257) (554,702) 105,139,007 General Fund 130 Investment Fund 189,996 - - - 189,996 Special Revenue Funds 210 Storm Drain Improvement 2,224,465 - (15,579) - 2,208,886 Special Revenue Funds 215 Storm Drain AB1600 1,797,747 2,635 - - 1,800,382 Special Revenue Funds 230 Env Mgmt Cln Crk Strm Drain 1,001,745 482 (110,395) (85,695) 806,137 Special Revenue Funds 260 CDBG 695,474 79,706 (12,699) (291) 762,190 Special Revenue Funds 261 HCD Loan Rehab 221,894 - - - 221,894 Special Revenue Funds 265 BMR Housing 5,691,586 350 (56,839) (37,317) 5,597,780 Special Revenue Funds 270 Transportation Fund 14,192,761 256,317 (990,933) (183,303) 13,274,842 Special Revenue Funds 271 Traffic Impact 718,870 - - - 718,870 Special Revenue Funds 280 Park Dedication 20,459,992 15,000 (348,982) - 20,126,010 Special Revenue Funds 281 Tree Fund 71,405 - - - 71,405 Debt Service Funds 365 Public Facilities Corp 2,682,650 - - - 2,682,650 Capital Project Funds 420 Capital Improvement Fund 28,765,475 155 (516,876) - 28,248,755 Capital Project Funds 427 Stevens Creek Corridor Park 165,031 - - - 165,031 Capital Project Funds 429 Capital Reserve*11,620,392 - - - 11,620,392 Enterprise Funds 520 Resource Recovery 5,875,339 119,834 (94,033) (59,466) 5,841,674 Enterprise Funds 560 Blackberry Farm 1,233,928 1,994 (110,388) 31,272 1,156,806 Enterprise Funds 570 Sports Center 2,266,171 - (337,886) 61,149 1,989,435 Enterprise Funds 580 Recreation Program 3,598,809 8,720 (121,888) 3,017 3,488,657 Internal Service Funds 610 Innovation & Technology 4,129,836 - (278,616) 617,183 4,468,402 Internal Service Funds 620 Workers' Compensation 3,669,107 - (4,221) 93,530 3,758,415 Internal Service Funds 630 Vehicle/Equip Replacement 880,817 440 (116,734) 388,731 1,153,253 Internal Service Funds 641 Compensated Absence/LTD 1,553,910 - (8,408) (2,762) 1,542,740 Internal Service Funds 642 Retiree Medical (350,834) - (114,489) (3,696) (469,019) Total 220,992,342$ 8,224,824$ (12,920,225)$ 267,651$ 216,564,592$ * For reporting purposes, this fund rolls up/combines with Fund 420 Printed October 20, 2022 For more information on funds, please see cupertino.org/fund-structure 176 September 2022 Report of City-wide Fund Balances/Net Position Beginning Fund Balance Ending Fund Balance Fund Type Fund Number/Name as of August 31, 2022 Revenues Expenditures as of September 30, 2022 General Fund 100 General Fund 96,400,636 4,104,027 11,018,443 89,486,219 General Fund 130 Investment Fund 229,425 - - 229,425 Special Revenue Funds 210 Storm Drain Improvement 2,224,465 - 15,579 2,208,886 Special Revenue Funds 215 Storm Drain AB1600 1,797,747 2,635 - 1,800,382 Special Revenue Funds 230 Env Mgmt Cln Crk Strm Drain 1,014,211 482 184,480 830,213 Special Revenue Funds 260 CDBG 1,302,959 171 12,990 1,290,140 Special Revenue Funds 261 HCD Loan Rehab 221,894 - - 221,894 Special Revenue Funds 265 BMR Housing 5,690,944 350 93,514 5,597,780 Special Revenue Funds 270 Transportation Fund 14,171,105 256,317 1,156,478 13,270,944 Special Revenue Funds 271 Traffic Impact 718,870 - - 718,870 Special Revenue Funds 280 Park Dedication 20,445,582 15,000 334,572 20,126,010 Special Revenue Funds 281 Tree Fund 71,405 - - 71,405 Debt Service Funds 365 Public Facilities Corp 2,682,650 - - 2,682,650 Capital Project Funds 420 Capital Improvement Fund 25,715,685 - 533,299 25,182,385 Capital Project Funds 427 Stevens Creek Corridor Park 165,031 - - 165,031 Capital Project Funds 429 Capital Reserve*11,620,392 - - 11,620,392 Enterprise Funds 520 Resource Recovery 5,242,943 119,834 142,504 5,220,273 Enterprise Funds 560 Blackberry Farm 930,384 54,213 104,591 880,006 Enterprise Funds 570 Sports Center 2,467,115 215,107 142,348 2,539,874 Enterprise Funds 580 Recreation Program 3,259,842 107,103 141,772 3,225,173 Internal Service Funds 610 Innovation & Technology 3,787,537 621,305 288,361 4,120,481 Internal Service Funds 620 Workers' Compensation 2,243,436 109,116 19,807 2,332,745 Internal Service Funds 630 Vehicle/Equip Replacement 2,486,338 392,598 100,979 2,777,957 Internal Service Funds 641 Compensated Absence/LTD 1,553,910 197 11,367 1,542,740 Internal Service Funds 642 Retiree Medical (350,834) - 118,185 (469,019) Total 206,093,672$ 5,998,455$ 14,419,270$ 197,672,857$ * For reporting purposes, this fund rolls up/combines with Fund 420 Printed October 20, 2022 For more information on funds, please see cupertino.org/fund-structure 177 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Main Account - Main Checking Account Check 730962 09/02/2022 Open Accounts Payable ADVANTAGE GRAFIX $240.62 Invoice Date Description Amount 46854 08/24/2022 PW City Hall - Eaton Meet and Walk Flyer & Bike Fest Flyers $240.62 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $240.62 730963 09/02/2022 Open Accounts Payable AMERICAN LEGAL PUBLISHING $927.92 Invoice Date Description Amount 19018 08/30/2022 2022 S-87 Folio/Internet Supplement Pages $113.56 18990 08/31/2022 2022 S-87 Supplement Editing Pages $814.36 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $927.92 730964 09/02/2022 Open Accounts Payable Asbury Environmental Services $95.00 Invoice Date Description Amount I500-00854374 08/25/2022 Streets - Used Oil/Mixed Oil $95.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $95.00 730965 09/02/2022 Open Accounts Payable Astrid Robles $150.00 Invoice Date Description Amount AstridR08182022 08/18/2022 Reimbursement for ICMA Membership Dues $150.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $150.00 730966 09/02/2022 Open Accounts Payable Bay Aerials Gymnastics $9,179.40 Invoice Date Description Amount BAG0723-0831 08/27/2022 BAG July 23 - Aug 31 $9,179.40 Paying Fund Cash Account Amount 580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash) $9,179.40 730967 09/02/2022 Open Accounts Payable California Tree & Landscape Consulting, Inc. $17,600.00 Invoice Date Description Amount 22-1198 08/31/2022 Stevens Creek Corridor Tree Inventory Additional Time/Trees $9,800.00 22-1197 08/31/2022 Stevens Creek Corridor Cupertino Report Writing $7,800.00 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $17,600.00 730968 09/02/2022 Open Accounts Payable CALIFORNIA WATER SERVICE $24,222.12 Invoice Date Description Amount 3333-082522 08/25/2022 5926633333 7/20-8/17/22 $24,222.12 Paying Fund Cash Account Amount Tuesday, September 06, 2022Pages: 1 of 19user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 8/27/2022 - To Payment Date: 9/2/2022 178 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $24,222.12 730969 09/02/2022 Open Accounts Payable CENTURYLINK $60.32 Invoice Date Description Amount 07072022 07/07/2022 CenturyLink Phone Services - July 2022 $22.16 08072022 08/07/2022 CenturyLink Phone Services ±August 2022 $38.16 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $60.32 730970 09/02/2022 Open Accounts Payable CINTAS CORP $2,257.70 Invoice Date Description Amount 4129198143 08/23/2022 UNIFORMS SAFETY APPAREL $1,128.10 4129884497 08/30/2022 UNIFORMS SAFETY APPAREL $1,129.60 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,257.70 730971 09/02/2022 Open Accounts Payable Community Health Charities of California $50.00 Invoice Date Description Amount 08262022 08/26/2022 Community Health Charities pp 8/13/22-8/26/22 $50.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $50.00 730972 09/02/2022 Open Accounts Payable COUNTY OF SANTA CLARA $60.00 Invoice Date Description Amount 1800082639 08/24/2022 Live Scan Services July 2022 $60.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $60.00 730973 09/02/2022 Open Accounts Payable County of Santa Clara $650.00 Invoice Date Description Amount R-2022-006 08/26/2022 Exempt Filing $50.00 R-2022-019 08/26/2022 Exempt Filing $50.00 RM-2020-023 08/26/2022 Exempt Filing $50.00 RM-2022-003 08/26/2022 Exempt Filing $50.00 RM-2022-013 08/26/2022 Exempt Filing $50.00 TR-2022-001 08/26/2022 Exempt Filing $50.00 TR-2022-016 08/26/2022 Exempt Filing $50.00 TR-2022-024 08/26/2022 Exempt Filing $50.00 DIR-2022-003 08/26/2022 Exempt Filing $50.00 DIR-2022-007 08/26/2022 Exempt Filing $50.00 DIR-2022-011 08/26/2022 Exempt Filing $50.00 R-2020-035 08/26/2022 Exempt Filing $50.00 R-2021-056 08/26/2022 Exempt Filing $50.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $650.00 Tuesday, September 06, 2022Pages: 2 of 19user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 8/27/2022 - To Payment Date: 9/2/2022 179 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 730974 09/02/2022 Open Accounts Payable DEX SYSTEMS ENGINEERING $1,360.00 Invoice Date Description Amount 1566 08/21/2022 Test Brighteye, EOC Monitors, loaner projector; Cable EOC $1,360.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,360.00 730975 09/02/2022 Open Accounts Payable DIALOG Design LP $9,917.60 Invoice Date Description Amount LP.100519 08/15/2022 Cupertino Renovation of City Hall Annex through 07312022 $9,917.60 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $9,917.60 730976 09/02/2022 Open Accounts Payable DONE RIGHT, INC.$21,000.00 Invoice Date Description Amount 7012 07/28/2022 Senior Center deck repair, 7/28/22 billing $6,050.00 7010 07/22/2022 City Hall Facia Repair, 7/22/22 billing $3,355.00 7013 07/28/2022 Senior Center deck repair, 7/28/22 billing $1,150.00 7017 08/02/2022 City Hall Facia Repair, 8/2/22 billing $10,445.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $21,000.00 730977 09/02/2022 Open Accounts Payable Foster Brothers Security Systems $28.37 Invoice Date Description Amount 2144 08/18/2022 Facilities - Cut Key $28.37 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $28.37 730978 09/02/2022 Open Accounts Payable Got Gophers, Inc.$925.00 Invoice Date Description Amount 33898 08/31/2022 Grounds - Aug 2022 Pest Control Various Parks $925.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $925.00 730979 09/02/2022 Open Accounts Payable Griffin Structures Inc.$2,975.00 Invoice Date Description Amount GSI-CLEP-22 07/31/2022 Library Expansion Project through 07312022 $2,975.00 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $2,975.00 730980 09/02/2022 Open Accounts Payable HUICHEN LIN $741.00 Invoice Date Description Amount HL082822 08/28/2022 August fitness classes $741.00 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $741.00 Tuesday, September 06, 2022Pages: 3 of 19user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 8/27/2022 - To Payment Date: 9/2/2022 180 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 730981 09/02/2022 Open Accounts Payable International Association of Emergency Managers $195.00 Invoice Date Description Amount 195144 08/15/2022 IAEM - Membership Dues $195.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $195.00 730982 09/02/2022 Open Accounts Payable IRON MOUNTAIN $1,493.05 Invoice Date Description Amount GWCB033 08/31/2022 City Clerk Office Storage - 9/1/22 - 9/30/22 $1,493.05 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,493.05 730983 09/02/2022 Open Accounts Payable KELLY-MOORE PAINT CO INC $285.87 Invoice Date Description Amount 808-00000855094 08/30/2022 Streets - Acryshld Flt Woodstock $285.87 Paying Fund Cash Account Amount 270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash) $285.87 730984 09/02/2022 Open Accounts Payable KNORR SYSTEMS $2,154.22 Invoice Date Description Amount SI241269 08/23/2022 Facilities - Chlorine, Muriatic Acid, Sodium Bicarbonate $2,154.22 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,154.22 730985 09/02/2022 Open Accounts Payable Li-Fen Lin $1,560.00 Invoice Date Description Amount LFL082722 08/27/2022 QCC fitness classes summer $1,560.00 Paying Fund Cash Account Amount 580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash) $1,560.00 730986 09/02/2022 Open Accounts Payable Medina's Catering $1,782.95 Invoice Date Description Amount 053 09/01/2022 2022 Wellness Fair - lunch deposit $1,782.95 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,782.95 730987 09/02/2022 Open Accounts Payable Mood Media $108.90 Invoice Date Description Amount 56969465 08/01/2022 MOOD MEDIA Recurring Services from 01-AUG-22 to 31-AUG-22 $108.90 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $108.90 730988 09/02/2022 Open Accounts Payable Mountain View Garden Center $455.87 Invoice Date Description Amount 110908 08/11/2022 Facilities - 3Yds Polymeric Sand Grey $191.51 111019 08/25/2022 Grounds - 3/4yd 6 sack $264.36 Tuesday, September 06, 2022Pages: 4 of 19user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 8/27/2022 - To Payment Date: 9/2/2022 181 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $264.36 560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash) $191.51 730989 09/02/2022 Open Accounts Payable Napa Auto Parts $165.84 Invoice Date Description Amount 5983-781925 08/19/2022 Fleet - Batt Cable Connector $165.84 Paying Fund Cash Account Amount 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $165.84 730990 09/02/2022 Open Accounts Payable Operating Engineers Local Union No. 3 $1,484.16 Invoice Date Description Amount 08262022 08/26/2022 Union Dues pp 8/13/22-8/26/22 $1,484.16 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,484.16 730991 09/02/2022 Open Accounts Payable Outdoor Creations Inc.$8,511.75 Invoice Date Description Amount 9425 08/08/2022 Grounds - Table Tennis, Ping Pong Net $8,511.75 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $8,511.75 730992 09/02/2022 Open Accounts Payable PG&E $347.22 Invoice Date Description Amount 5875-082122 08/21/2022 2012160587-5 7/21/22-8/18/22 $17.32 7100-081822 08/18/2022 7166121710-0 7/8/22-8/8/22 $86.13 0349-082622 08/26/2022 3042033034-9 7/21-8/18/22 $208.88 0719-082522 08/25/2022 9223068071-9 7/20-8/18/22 $34.89 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $347.22 730993 09/02/2022 Open Accounts Payable PG&E $20,356.20 Invoice Date Description Amount 1715-082222 08/22/2022 4993063171-5 7/21-8/16/22 $20,356.20 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $20,356.20 730994 09/02/2022 Open Accounts Payable Pine Cone Lumber Co $3,865.84 Invoice Date Description Amount 160272 08/25/2022 Streets - 4x4 8" Pressure Treated, 2x6 10' DF Pressure $139.78 159079 08/17/2022 Facilities - Screws, Insert BIT, 2x10, 2x8, 2x14 RWD $3,726.06 Paying Fund Cash Account Amount 270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash) $139.78 560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash) $1,863.06 Tuesday, September 06, 2022Pages: 5 of 19user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 8/27/2022 - To Payment Date: 9/2/2022 182 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $1,863.00 730995 09/02/2022 Open Accounts Payable REBECCA MCCORMICK $1,227.85 Invoice Date Description Amount RM082722 08/27/2022 QCC fitness classes summer $1,227.85 Paying Fund Cash Account Amount 580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash) $1,227.85 730996 09/02/2022 Open Accounts Payable RPM EXTERMINATORS INC $1,650.00 Invoice Date Description Amount 0096215 08/24/2022 Facilities - Rodents Aug 2022 Multiple Sites $1,275.00 0096724 08/08/2022 Facilities - Service Center Fleas Outside $375.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,395.00 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $255.00 730997 09/02/2022 Open Accounts Payable Sherrill Inc.$115.66 Invoice Date Description Amount INV-782919 08/22/2022 Trees/ROW - X-Large Chaps $115.66 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $115.66 730998 09/02/2022 Open Accounts Payable SONIA DOGRA $117.00 Invoice Date Description Amount SD082822 08/28/2022 August fitness classes $117.00 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $117.00 730999 09/02/2022 Open Accounts Payable Starrz Dance $380.25 Invoice Date Description Amount SS082722 08/27/2022 QCC fitness classes summer $380.25 Paying Fund Cash Account Amount 580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash) $380.25 731000 09/02/2022 Open Accounts Payable 6WUHHW'pFRU,QF$10,266.30 Invoice Date Description Amount 33345 08/16/2022 Streets - Holiday Banners $10,266.30 Paying Fund Cash Account Amount 270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash) $10,266.30 731001 09/02/2022 Open Accounts Payable T-MOBILE $742.71 Invoice Date Description Amount 4158-04212022 04/21/2022 966 594 158 - 04/21/22 credits adjustment ($126.60) 4158-072122 07/21/2022 966594158 - 07212022 $682.32 4158-082122 08/21/2022 966594158 - 08212022 $186.99 Paying Fund Cash Account Amount Tuesday, September 06, 2022Pages: 6 of 19user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 8/27/2022 - To Payment Date: 9/2/2022 183 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $742.71 731002 09/02/2022 Open Accounts Payable THE REGENTS OF THE UNIVERSITY OF CALIFORNIA $524.59 Invoice Date Description Amount 11081516 08/03/2022 Municipal Law Handbook Print, 2022 Version $524.59 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $524.59 731003 09/02/2022 Open Accounts Payable TURF & INDUSTRIAL EQUIPMENT CO. $16,900.33 Invoice Date Description Amount UI20397 08/10/2022 Fleet - Land Pride 72" Overseder $16,900.33 Paying Fund Cash Account Amount 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $16,900.33 731004 09/02/2022 Open Accounts Payable Uniguest, Inc.$30.57 Invoice Date Description Amount INV285126 08/29/2022 1x HDMI Cable 6 ft & Network Cable - 7ft Cat5e Snagless UTP Cabl $30.57 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $30.57 731005 09/02/2022 Open Accounts Payable Wagstaffe, von Loewenfeldt, Busch & Radwick LLP $7,552.50 Invoice Date Description Amount 4111.2207 08/11/2022 Legal Services, July 2022 $7,552.50 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $7,552.50 731006 09/02/2022 Open Accounts Payable Western Pacific Signal, LLC $4,820.31 Invoice Date Description Amount 28858 08/25/2022 Traffic Crossing Buttons $4,820.31 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $4,820.31 731007 09/02/2022 Open Accounts Payable Balasubramaniam, Deepak $10,000.00 Invoice Date Description Amount 266273 08/25/2022 Bond Release for 10466 Miller Ave $10,000.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $10,000.00 731008 09/02/2022 Open Accounts Payable Case Pacific Company $70.89 Invoice Date Description Amount CPC083122 08/31/2022 Customer paid inactiveBL401323-37436 in error & paid actBL406192 $70.89 Paying Fund Cash Account Amount Tuesday, September 06, 2022Pages: 7 of 19user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 8/27/2022 - To Payment Date: 9/2/2022 184 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $70.89 731009 09/02/2022 Open Accounts Payable CHIN, ANDY $22,000.00 Invoice Date Description Amount 268313 08/29/2022 10265 S Tantau Ave, Encroachment, 268313 $22,000.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $22,000.00 731010 09/02/2022 Open Accounts Payable Chiu, Edwin $9,000.00 Invoice Date Description Amount 262617 08/25/2022 Bond Release for 21090 Grenola Dr $9,000.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $9,000.00 731011 09/02/2022 Open Accounts Payable Chiu, Shuwen $5,000.00 Invoice Date Description Amount 218043 08/25/2022 Bond Release for 6382 Myrtlewood Dr $5,000.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $5,000.00 731012 09/02/2022 Open Accounts Payable Kumar Management Corporation, ATTN: Rakesh Kumar $260.21 Invoice Date Description Amount Kumar082422 08/24/2022 The applicant cancelled the application because the business was $260.21 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $260.21 731013 09/02/2022 Open Accounts Payable Liu, Chengzhu $1,500.00 Invoice Date Description Amount 218104 08/25/2022 Bond Release for 21881 Hermosa Ave $1,500.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,500.00 731014 09/02/2022 Open Accounts Payable NILSENE BUILDER INC.$952.54 Invoice Date Description Amount 313257 08/29/2022 REFUND 10840 JOHNSON AVE BLD-2022-0149 SQ FT ADJUSTMENT $952.54 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $952.54 731015 09/02/2022 Open Accounts Payable P A REMODELING/SAMI & SONS INC. $1,326.00 Invoice Date Description Amount 314514 08/30/2022 REFUND 10320 CALVERT DR BLD-2019-0913 PLAN CHECK FEES ADJUSTMEN $1,326.00 Paying Fund Cash Account Amount Tuesday, September 06, 2022Pages: 8 of 19user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 8/27/2022 - To Payment Date: 9/2/2022 185 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,326.00 731016 09/02/2022 Open Accounts Payable ChyronHego US Holding Corp $1,150.00 Invoice Date Description Amount INV42629 07/19/2022 Prime CG Commissioning Remote $1,150.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,150.00 Type Check Totals:55 Transactions $230,794.63 EFT 35093 09/02/2022 Open Accounts Payable Colonial Life & Accident Insurance $29.16 Invoice Date Description Amount 08262022 08/26/2022 Colonial Products pp 8/13/22-8/26/22 $29.16 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $29.16 35094 09/02/2022 Open Accounts Payable Employment Development $9,490.80 Invoice Date Description Amount 08262022 08/26/2022 State Disability Insurance pp 8/13/22-8/26/22 $9,490.80 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $9,490.80 35095 09/02/2022 Open Accounts Payable National Deferred (ROTH)$2,933.93 Invoice Date Description Amount 08262022 08/26/2022 Nationwide Roth pp 8/13/22-8/26/22 $2,933.93 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,933.93 35096 09/02/2022 Open Accounts Payable National Deferred Compensatin $32,455.57 Invoice Date Description Amount 08262022 08/26/2022 Nationwide Deferred Compensation pp 8/13/22- 8/26/22 $32,455.57 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $32,455.57 35097 09/02/2022 Open Accounts Payable PERS-457K $13,117.29 Invoice Date Description Amount 08262022 08/26/2022 PERS Deferred Comp pp 8/13/22-8/26/22 $13,117.29 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $13,117.29 35098 09/02/2022 Open Accounts Payable State Disbursement Unit $231.23 Invoice Date Description Amount 08262022 08/26/2022 Child Support pp 8/13/22-8/26/22 $231.23 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $231.23 Tuesday, September 06, 2022Pages: 9 of 19user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 8/27/2022 - To Payment Date: 9/2/2022 186 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 35099 09/02/2022 Open Accounts Payable Amit Goel $195.00 Invoice Date Description Amount AG082822 08/28/2022 August fitness classes $195.00 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $195.00 35100 09/02/2022 Open Accounts Payable ANDERSON'S TREE CARE SPECIALISTS, INC $9,200.00 Invoice Date Description Amount 15856 08/19/2022 Grounds - Jollyman Park $9,200.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $9,200.00 35101 09/02/2022 Open Accounts Payable B&H PHOTO-VIDEO $658.58 Invoice Date Description Amount 205126763 08/22/2022 Sony 1.2TB Rewritable Archive Cartridge; Gaffer Tape; Adapter $658.58 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $658.58 35102 09/02/2022 Open Accounts Payable BARONE, DAN $55.00 Invoice Date Description Amount DanB07182022 07/18/2022 Cell Phone Reimbursement 6/19-7/18 $55.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $55.00 35103 09/02/2022 Open Accounts Payable BATTERIES PLUS BULBS #475 $514.86 Invoice Date Description Amount P54212359 08/18/2022 Facilities - 9V, 1.5V Alkaline, 6V Lead & Lithium $514.86 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $514.86 35104 09/02/2022 Open Accounts Payable BECK'S SHOES INCORPORATED $1,200.00 Invoice Date Description Amount 258448-00 08/24/2022 Beck's Shoes OE3 Uniform Boots $1,200.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,200.00 35105 09/02/2022 Open Accounts Payable BIKEEP INC.$49.00 Invoice Date Description Amount 17864 08/31/2022 Monthly Bikeep Fee $49.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $49.00 35106 09/02/2022 Open Accounts Payable BOSCO OIL INC DBA VALLEY OIL $1,986.02 Invoice Date Description Amount 589971 08/22/2022 Fleet - Oil, Drum Deposits $1,986.02 Paying Fund Cash Account Amount Tuesday, September 06, 2022Pages: 10 of 19user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 8/27/2022 - To Payment Date: 9/2/2022 187 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $1,986.02 35107 09/02/2022 Open Accounts Payable Callander Associates Landscape Architecture $11,936.36 Invoice Date Description Amount 22015-3 08/26/2022 Memorial Park Ballfield Landscape Arch Services $856.90 21059-7 08/26/2022 Wilson park Community Garden through 07312022 $11,079.46 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $856.90 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $11,079.46 35108 09/02/2022 Open Accounts Payable CASCADIA CONSULTING GROUP, INC. $9,321.91 Invoice Date Description Amount 9096 08/18/2022 Cupertino Parks Engagement 2022 through 062622- 072522 $9,321.91 Paying Fund Cash Account Amount 560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash) $9,321.91 35109 09/02/2022 Open Accounts Payable CITY OF SAN JOSE $65,262.63 Invoice Date Description Amount 1218669 08/23/2022 Animal Services 2022/07-09 $65,262.63 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $65,262.63 35110 09/02/2022 Open Accounts Payable CLAP Arts $15,052.05 Invoice Date Description Amount CLAPSummer2022 08/15/2022 CLAP Arts Summer 2022 - July 11 - August 12 Payment $15,052.05 Paying Fund Cash Account Amount 580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash) $15,052.05 35111 09/02/2022 Open Accounts Payable Claris International Inc.$900.00 Invoice Date Description Amount 5739950 08/24/2022 Claris (FileMaker Annual Renewal)$900.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $900.00 35112 09/02/2022 Open Accounts Payable CLEARBLU ENVIRONMENTAL $662.07 Invoice Date Description Amount 28002 08/15/2022 Streets - Aug 2022 Haz Mat Services $662.07 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $662.07 35113 09/02/2022 Open Accounts Payable COLLEEN FERRIS $55.00 Invoice Date Description Amount ColleenF081622 08/16/2022 cell phone service 7/17 - 8/16 $55.00 Tuesday, September 06, 2022Pages: 11 of 19user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 8/27/2022 - To Payment Date: 9/2/2022 188 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $55.00 35114 09/02/2022 Open Accounts Payable CSG Consultants, Inc.$14,410.00 Invoice Date Description Amount 45320 08/05/2022 Memorial Park Ponds Repurposing Project through 07292022 $14,410.00 Paying Fund Cash Account Amount 280 - Park Dedication 280 100-100 (Cash & Investments Assets Operating Cash) $14,410.00 35115 09/02/2022 Open Accounts Payable Cupertino Supply, Inc $5,635.93 Invoice Date Description Amount 298132 08/15/2022 Trees/ROW - COP MIP Adapt, Map/Pro Gas $64.63 292077 07/21/2022 Grounds - RP Backflow Face to Face $4,534.20 298697 08/19/2022 Facilities - PVC SCH 80 Male, SCH 80 90D, SCH80 Pipe $76.58 299252 08/25/2022 Grounds - Lead Free Brass Male Adapter $64.03 299228 08/25/2022 Grounds - Union, Coupling, Valve, Adapter, Cutter $896.49 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $5,635.93 35116 09/02/2022 Open Accounts Payable Darcy Paul $504.38 Invoice Date Description Amount DarcyP082822 08/28/2022 Team Dinner $436.06 DarcyP082422 08/24/2022 Augmented Reality Workshop on 8/28. Refreshments during break. $68.32 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $504.38 35117 09/02/2022 Open Accounts Payable Eflex Group, Inc $3,426.69 Invoice Date Description Amount 08262022 08/26/2022 FSA Employee Health pp 8/13/22-8/26/22 $3,426.69 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $3,426.69 35118 09/02/2022 Open Accounts Payable Environmental Systems Research Institute, Inc. $200.00 Invoice Date Description Amount 94312342 08/26/2022 1x ArcGIS Utility Network User Type Extension for ArcGIS Enterpr $200.00 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $200.00 35119 09/02/2022 Open Accounts Payable Ewing Irrigation Products Inc.$4,858.87 Invoice Date Description Amount 17600082 08/17/2022 Grounds - 20oz White Aero Paint $4,858.87 Paying Fund Cash Account Amount Tuesday, September 06, 2022Pages: 12 of 19user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 8/27/2022 - To Payment Date: 9/2/2022 189 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $4,858.87 35120 09/02/2022 Open Accounts Payable Fifth Asset, Inc. dba DebtBook $15,000.00 Invoice Date Description Amount DB2000101 08/18/2022 22 Subscription Charge Tier 3 $15,000.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $15,000.00 35121 09/02/2022 Open Accounts Payable GIULIANI & KULL - SAN JOSE, INC.$942.00 Invoice Date Description Amount 17014 07/31/2022 Mary Avenue Street Realignment through 060122- 063022 $632.00 17011 07/31/2022 Stevens Creek/Foothill Blvd Map Review through 060122-063022 $310.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $310.00 265 - BMR Housing 265 100-100 (Cash & Investments Assets Operating Cash) $632.00 35122 09/02/2022 Open Accounts Payable GRACE DUVAL $1,056.00 Invoice Date Description Amount GD082722 08/27/2022 QCC fitness classes summer $528.00 GD082822 08/28/2022 August fitness classes for CSC and PT $528.00 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $528.00 580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash) $528.00 35123 09/02/2022 Open Accounts Payable GRAINGER INC $219.26 Invoice Date Description Amount 9421868333 08/24/2022 Streets - Absorbent 25lbs Diatomaceous Earth $117.07 9424200245 08/25/2022 Streets - Coupling, Steel $33.07 9424461599 08/25/2022 Streets - Load Rated Folding Pull Handle $25.04 9424200252 08/25/2022 Streets - Coupling Steel Overall L 2 1/8in $22.04 9424461581 08/25/2022 Streets - Coupling Steel Overall L 2 1/8in $22.04 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $117.07 270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash) $102.19 35124 09/02/2022 Open Accounts Payable Green Halo Systems $279.00 Invoice Date Description Amount 3619 05/06/2022 Waste tracking app Maintenance & City Fee May 2022 $279.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $279.00 Tuesday, September 06, 2022Pages: 13 of 19user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 8/27/2022 - To Payment Date: 9/2/2022 190 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 35125 09/02/2022 Open Accounts Payable HMH Engineers $8,429.00 Invoice Date Description Amount 45011 08/05/2022 Orange Avenue Improvements through 07302022 $8,429.00 Paying Fund Cash Account Amount 270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash) $8,429.00 35126 09/02/2022 Open Accounts Payable ICMA Retirement Trust-457 $15,902.07 Invoice Date Description Amount 08262022 08/26/2022 ICMA Deferred Comp pp 8/13/22-8/26/22 $15,902.07 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $15,902.07 35127 09/02/2022 Open Accounts Payable IFPTE LOCAL 21 $2,018.15 Invoice Date Description Amount 08262022 08/26/2022 Association Dues - CEA pp 8/13/22-8/26/22 $2,018.15 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,018.15 35128 09/02/2022 Open Accounts Payable IMPERIAL SPRINKLER SUPPLY, INC $3,483.00 Invoice Date Description Amount 5252578-00 08/19/2022 Trees/ROW - Yellow 1-Sided Tag, Planting Mattock, Blue Wire $483.82 5248652-00 08/19/2022 Trees/ROW - Cap, Flow Sensor, Barb Tee, Mesh, Valve, Union, PVC $2,999.18 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $3,483.00 35129 09/02/2022 Open Accounts Payable INSERVH20 INC.$2,283.03 Invoice Date Description Amount 2213 08/05/2022 Facilities - Aug 2022 Water Treatment $810.80 2243 08/22/2022 Facilities - QCC Chilled Loop Cleaning/Recharge $1,199.41 2242 08/15/2022 Facilities - McClellan Ranch Water Treatment Aug 2022 $272.82 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,283.03 35130 09/02/2022 Open Accounts Payable Interstate Traffic Control Products, Inc. $2,454.38 Invoice Date Description Amount 252558 08/31/2022 Streets - Impact Recovery Stop/School, Anchor Kit $2,454.38 Paying Fund Cash Account Amount 270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash) $2,454.38 35131 09/02/2022 Open Accounts Payable JAM Services, Inc $2,400.75 Invoice Date Description Amount 160580 08/24/2022 PW City Hall Transportation - Countdown Pedestrian Module $2,400.75 Paying Fund Cash Account Amount Tuesday, September 06, 2022Pages: 14 of 19user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 8/27/2022 - To Payment Date: 9/2/2022 191 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,400.75 35132 09/02/2022 Open Accounts Payable JAMES COLVIN $3,068.00 Invoice Date Description Amount JC082822 08/28/2022 August PT $3,068.00 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $3,068.00 35133 09/02/2022 Open Accounts Payable JENNIFER HILL $451.00 Invoice Date Description Amount JH082822 08/28/2022 August fitness classes $451.00 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $451.00 35134 09/02/2022 Open Accounts Payable KEVIN GREENE $55.00 Invoice Date Description Amount KevinG081822 08/18/2022 Cell Phone Reimbursement - Kevin G 07-19-22 to 08- 18-22 $55.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $55.00 35135 09/02/2022 Open Accounts Payable LIFETIME TENNIS, INC.$249,638.90 Invoice Date Description Amount 083022 LTP2 08/30/2022 Payment 2 July 18 to Aug 28 $249,638.90 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $249,638.90 35136 09/02/2022 Open Accounts Payable MESITI-MILLER ENGINEERING, INC. $3,406.50 Invoice Date Description Amount 0722034 07/31/2022 CE for Wilson Park Basketball Court through 072522 $3,406.50 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $3,406.50 35137 09/02/2022 Open Accounts Payable MONICA G. RANES-GOLDBERG $504.00 Invoice Date Description Amount MGRG082822 08/28/2022 August fitness classes $504.00 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $504.00 35138 09/02/2022 Open Accounts Payable MOORE IACOFANO GOLTSMAN, INC. $4,119.00 Invoice Date Description Amount 0076709 08/22/2022 Blackberry Farm Golf Course Feasibility Study 030122 -073122 $4,119.00 Paying Fund Cash Account Amount Tuesday, September 06, 2022Pages: 15 of 19user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 8/27/2022 - To Payment Date: 9/2/2022 192 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash) $4,119.00 35139 09/02/2022 Open Accounts Payable MOSS ADAMS LLP $9,075.00 Invoice Date Description Amount 102334810 08/19/2022 Program Management July 2022 $350.00 102335534 08/22/2022 FWA program services July 2022 $8,725.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $9,075.00 35140 09/02/2022 Open Accounts Payable ODP Business Solutions, LLC $64.50 Invoice Date Description Amount 257160883001 08/04/2022 Service Center - Kitchen Supplies $64.50 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $64.50 35141 09/02/2022 Open Accounts Payable PARS/City of Cupertino $3,777.24 Invoice Date Description Amount 08262022 08/26/2022 PARS Employee pp 8/13/22-8/26/22 $3,777.24 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $3,777.24 35142 09/02/2022 Open Accounts Payable Professional Turf Management, Inc.$17,060.00 Invoice Date Description Amount 1243 08/20/2022 Golf course monthly maintenance fee - August 2022 $17,000.00 1244 08/27/2022 monthly gate service - August 2022 $60.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $60.00 560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash) $17,000.00 35143 09/02/2022 Open Accounts Payable Raychel Renee Balcioni Cruz $1,620.00 Invoice Date Description Amount RRBC082822 08/28/2022 August fitness classes $1,620.00 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $1,620.00 35144 09/02/2022 Open Accounts Payable RUBY CHEN $480.00 Invoice Date Description Amount RC082722 08/27/2022 QCC fitness classes summer $480.00 Paying Fund Cash Account Amount 580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash) $480.00 35145 09/02/2022 Open Accounts Payable RUDY LOMAS $110.00 Invoice Date Description Amount RudyL070622 07/06/2022 Cell Phone Reimbursement - Rudy L, Jun 7 to Jul 6 2022 $55.00 RudyL080622 08/06/2022 Cell Phone Reimbursement - Rudy L, Jul 7 to Aug 6 2022 $55.00 Tuesday, September 06, 2022Pages: 16 of 19user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 8/27/2022 - To Payment Date: 9/2/2022 193 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $110.00 35146 09/02/2022 Open Accounts Payable SCA of CA, LLC $17,381.62 Invoice Date Description Amount 103672CS 07/31/2022 Street Sweeping Services for July 2022 $17,381.62 Paying Fund Cash Account Amount 230 - Env Mgmt Cln Crk Strm Drain 230 100-100 (Cash & Investments Assets Operating Cash) $8,690.81 520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash) $8,690.81 35147 09/02/2022 Open Accounts Payable SHUTE, MIHALY & WEINBERGER LLP $14,032.28 Invoice Date Description Amount 277972 08/16/2022 Legal Services, July 2022 $11,782.65 278058 08/25/2022 Legal Services, July 2022 $583.50 278057 08/25/2022 Legal Services, July 2022 $1,666.13 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $14,032.28 35148 09/02/2022 Open Accounts Payable South Bay Youth Sports $8,730.54 Invoice Date Description Amount SBYS 0723-826 08/27/2022 SBYS camp payment 0723-826 $8,730.54 Paying Fund Cash Account Amount 580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash) $8,730.54 35149 09/02/2022 Open Accounts Payable Starbird Consulting LLC $4,387.26 Invoice Date Description Amount 0192 08/25/2022 Environmental Consulting Services through 07312022 $4,387.26 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $4,387.26 35150 09/02/2022 Open Accounts Payable Statewide Traffic Safety & Signs Inc.$880.46 Invoice Date Description Amount 05038472 08/22/2022 Streets - Aquaphalt 4.0 Bucket 4MM Aggregate Smooth Finish $880.46 Paying Fund Cash Account Amount 270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash) $880.46 35151 09/02/2022 Open Accounts Payable SUNNYVALE FORD $2,450.43 Invoice Date Description Amount FOCS847752 07/21/2022 Fleet - Truck 420 Wheel Alignment $129.95 FOCS847826 07/21/2022 Fleet - Veh# 428 Wheel Alignment $129.95 CM207385 07/18/2022 Fleet - Credit for Invoice# 207385 ($545.63) 208451 08/08/2022 Fleet - Hose 1HV, Kit J1 HV $64.78 208817 08/17/2022 Fleet - Cover 1 HV $12.83 208896 08/18/2022 Fleet - Pump AS 1 HV $134.32 208925 08/19/2022 Fleet - Retaine 1 NP, Clip 1-HV $62.31 Tuesday, September 06, 2022Pages: 17 of 19user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 8/27/2022 - To Payment Date: 9/2/2022 194 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 209056 08/23/2022 Fleet - Gasket 1 HV, Gasket 2 HV, Turboch 1 HC $2,314.02 209144 08/25/2022 Fleet - Clamp 1HV $67.50 209110 08/25/2022 Fleet - Gasket, Clamp, Bolt $80.40 Paying Fund Cash Account Amount 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $2,450.43 35152 09/02/2022 Open Accounts Payable The Home Depot Pro $559.49 Invoice Date Description Amount 702797440 08/22/2022 Facilities - Park Bathroom Supplies $559.49 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $559.49 35153 09/02/2022 Open Accounts Payable THERMAL MECHANICAL, INC.$1,245.65 Invoice Date Description Amount 85235 07/28/2022 Facilities - Sports Center Inspected AC# 5 $1,245.65 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $1,245.65 35154 09/02/2022 Open Accounts Payable Zoom Video Communications, Inc.$286.72 Invoice Date Description Amount INV163147186 08/22/2022 Zoom Webinar 1000 Aug 22, 2022-Sep 21, 2022 $286.72 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $286.72 Type EFT Totals:62 Transactions $602,192.56 Main Account - Main Checking Account Totals Checks Status Count Transaction Amount Reconciled Amount Open 55 $230,794.63 $0.00 Reconciled 0 $0.00 $0.00 Tuesday, September 06, 2022Pages: 18 of 19user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 8/27/2022 - To Payment Date: 9/2/2022 195 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Voided 0 $0.00 $0.00 Stopped 0 $0.00 $0.00 Total 55 $230,794.63 $0.00 EFTs Status Count Transaction Amount Reconciled Amount Open 62 $602,192.56 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Total 62 $602,192.56 $0.00 All Status Count Transaction Amount Reconciled Amount Open 117 $832,987.19 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Stopped 0 $0.00 $0.00 Total 117 $832,987.19 $0.00 Grand Totals: Checks Status Count Transaction Amount Reconciled Amount Open 55 $230,794.63 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Stopped 0 $0.00 $0.00 Total 55 $230,794.63 $0.00 EFTs Status Count Transaction Amount Reconciled Amount Open 62 $602,192.56 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Total 62 $602,192.56 $0.00 All Status Count Transaction Amount Reconciled Amount Open 117 $832,987.19 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Stopped 0 $0.00 $0.00 Total 117 $832,987.19 $0.00 Tuesday, September 06, 2022Pages: 19 of 19user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 8/27/2022 - To Payment Date: 9/2/2022 196 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Main Account - Main Checking Account Check 731017 09/09/2022 Open Accounts Payable 143 Photo Booths $639.00 Invoice Date Description Amount 09172022-12-3 09/02/2022 Bobateeno - 143 Photo Booth; Photo booth for event $639.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $639.00 731018 09/09/2022 Open Accounts Payable ADVANCED SOFTWARE PRODUCTS GROUP, INC. $873.85 Invoice Date Description Amount 11326 08/31/2022 ReACT Annual Maintenance September 30, 2022 - September 29, 2023 $873.85 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $873.85 731019 09/09/2022 Open Accounts Payable Advantage Grafix $585.66 Invoice Date Description Amount 46820 08/18/2022 Municipal Regional Permit 3.0- printed books (2 copies) $371.78 46837 08/18/2022 Business cards for City Manager - Pamela Wu $106.94 46840 08/18/2022 Full color business 250 cards for Quinton Adams $106.94 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $106.94 230 - Env Mgmt Cln Crk Strm Drain 230 100-100 (Cash & Investments Assets Operating Cash) $371.78 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $106.94 731020 09/09/2022 Open Accounts Payable ALHAMBRA $186.72 Invoice Date Description Amount 21589707 090122 09/01/2022 Service Center - Employee Drinking Water $186.72 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $186.72 731021 09/09/2022 Open Accounts Payable American Assured Security, Inc.$269.50 Invoice Date Description Amount 49036 09/01/2022 Rental Security Services $269.50 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $269.50 731022 09/09/2022 Open Accounts Payable Avocette Technologies Inc.$12,922.00 Invoice Date Description Amount 2207CU1 07/31/2022 Accela FY23 Configuration services - July 2022 $12,922.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $12,922.00 Monday, September 12, 2022Pages: 1 of 14user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 197 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 731023 09/09/2022 Open Accounts Payable BAY AREA NEWS GROUP $1,091.09 Invoice Date Description Amount 0001348629 09/01/2022 Legal Advertising - 08/1/22-08/31/22 $1,091.09 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,091.09 731024 09/09/2022 Open Accounts Payable California Tree & Landscape Consulting, Inc. $35,000.00 Invoice Date Description Amount 22-1169 07/28/2022 On Site Tree Assessment of 1200 Trees $35,000.00 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $35,000.00 731025 09/09/2022 Open Accounts Payable Carneghi-Nakasako & Associates $20,000.00 Invoice Date Description Amount 2022CNA150 08/24/2022 Appraisal & Consulting of 3 Development Sites in Cupertino $20,000.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $20,000.00 731026 09/09/2022 Open Accounts Payable COUNTY OF SANTA CLARA $2,759,699.66 Invoice Date Description Amount 1800082653 08/25/2022 Advance for Law Enforcement Svs July & Aug 2022 $2,759,699.66 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,759,699.66 731027 09/09/2022 Open Accounts Payable DEPARTMENT OF JUSTICE $96.00 Invoice Date Description Amount 595542 08/04/2022 Fingerprint apps July 2022 $96.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $96.00 731028 09/09/2022 Open Accounts Payable Exclaimer LLC $4,128.00 Invoice Date Description Amount 1098476 09/06/2022 Exclaimer Cloud - Signatures For O?ce 365 9/4/2022 to 9/4/2023 $4,128.00 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $4,128.00 731029 09/09/2022 Open Accounts Payable Global Knowledge Training LLC $295.00 Invoice Date Description Amount 22217625 06/01/2022 Marilyn - Word Level 3 training $295.00 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $295.00 731030 09/09/2022 Open Accounts Payable GLORIA LEE $480.00 Invoice Date Description Amount GLeeSummer2022 09/06/2022 Gloria Lee Summer 2022 Payment $480.00 Monday, September 12, 2022Pages: 2 of 14user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 198 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Paying Fund Cash Account Amount 580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash) $480.00 731031 09/09/2022 Open Accounts Payable Got Gophers, Inc.$310.00 Invoice Date Description Amount 33624 08/31/2022 Trees/ROW - Aug 2022 Mary Ave Bridge & Blaney Ave $310.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $310.00 731032 09/09/2022 Open Accounts Payable HOME DEPOT CREDIT SERVICES $4,040.46 Invoice Date Description Amount 1320650 08/04/2022 Trees/ROW - Ricardo A Conduit, Locknut, GFCI White, Cover $204.40 3601904 08/02/2022 Facilities - Domingo S Lumber, Chain Switch, O-Ring $53.63 2614508 08/03/2022 Facilities - Ty B Wire Brush, Window Film, Grinding Stone $414.99 7604189 08/08/2022 Grounds - Travis W Primer, Tape Measure, Screw $64.28 0020123 08/05/2022 Facilities - Robert G 12Ft Prime DF, Deckmate, Toilet Seat $146.90 7033216 08/08/2022 Fleet - Travis W Picked Up Trailer Deck for #197 $251.76 6094634 08/09/2022 Facilities - Ty B Screw, Tape, Paint, Brush, Ext Cord $593.36 1602758 08/04/2022 Facilities - Domingo S Dim Fil LED, Driver Set $70.58 5104749 08/10/2022 Grounds - Victor Espinoza Hex Bolt 5/8x3 $22.17 5012830 08/10/2022 Grounds - Victor Espinoza Hunter Grn Satin, Hex Bolt $39.30 3094858 08/12/2022 Grounds - Travis W Charger Kit, 12-Volt Cordless $272.31 0020805 08/15/2022 Streets - Kane W Makita 18V Batt USB Power Source $29.50 1094336 08/04/2022 Facilities - Michael Chandler Strainer, Dynaflex Ultra $11.11 0510012 08/15/2022 Facilities - Michael Chandler Exit Sign $35.51 7012724 08/08/2022 Facilities - Michael Chandler Plywood $35.37 0095053 08/15/2022 Facilities - Robert G Coupling, Reamer $41.63 3522287 08/12/2022 Facilities - Robert G Waterproof Tape, PVC Cutter $49.47 6521417 08/09/2022 Facilities - Robert G Stud Sensor, Measure Tape, Rafter $84.09 9373374 08/16/2022 Grounds - Sean Filbeck TIP Guard, Spray TIP, Paint Shield $69.50 6604555 08/09/2022 Grounds - Ralph A Cover Spray, Filler Paint $93.94 0390644 08/15/2022 Grounds - Sean Filbeck Painting Supplies $164.30 1321442 08/14/2022 Trees/ROW - Larry Lopez Bucket, Roller Tray, Roller Frame, Pole $165.73 9510424 08/16/2022 Facilities - Domingo S Tape Measure, Elbow/Nipple Brass $39.69 7095237 08/18/2022 Facilities - Aaron Saiz Ball Valve, Nipple/Adapter Brass $98.65 6613819 08/19/2022 Facilities - Michael Chandler Valve Box $64.29 8095155 08/17/2022 Facilities - Michael Chandler Jaw Pliers $18.56 2609765 08/23/2022 Facilities - Ty B Grinding Wheel $359.81 0013713 08/25/2022 Grounds - Victor Espinoza BugBGon Lawn Insect $91.68 9390683 08/26/2022 Grounds - Richard Banda Patcher, Marker, Tool Bag $384.35 1600245 08/24/2022 Facilities - Michael Chandler Fan Replacement Grill $12.44 1320653 08/04/2022 Facilities - Michael Miranda Knife, Tape, Nail Rocker $38.18 4320275 08/01/2022 Facilities - Michael Miranda Screwdriver, Lock Nut $18.98 Monday, September 12, 2022Pages: 3 of 14user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 199 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,750.85 270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash) $29.50 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $1,008.35 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $251.76 731033 09/09/2022 Open Accounts Payable HUB International Insurance Services Inc., $610.45 Invoice Date Description Amount August 2022 09/06/2022 August 2022 Block Party Insurance $610.45 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $610.45 731034 09/09/2022 Open Accounts Payable LAUREN SAPUDAR $55.00 Invoice Date Description Amount LaurenS081422 08/14/2022 Cell Phone Reimbursement for August 2022 $55.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $55.00 731035 09/09/2022 Open Accounts Payable Lisa Molaro $4,970.20 Invoice Date Description Amount LMSummer2022Aug 09/06/2022 Lisa Molaro Summer 2022 - August Payment $4,970.20 Paying Fund Cash Account Amount 580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash) $4,970.20 731036 09/09/2022 Open Accounts Payable MAD SCIENCE OF THE BAY AREA $4,248.00 Invoice Date Description Amount MSCSumm22 August 09/06/2022 Mad Science Summer 2022 - August Payment $4,248.00 Paying Fund Cash Account Amount 580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash) $4,248.00 731037 09/09/2022 Open Accounts Payable Mountain View Garden Center $113.22 Invoice Date Description Amount 111073 08/31/2022 Grounds: Gold Fines $113.22 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $113.22 731038 09/09/2022 Open Accounts Payable Napa Auto Parts $771.60 Invoice Date Description Amount 728927C 11/02/2021 Credit for Overpayment Check# 728927 ($309.20) 677708 08/22/2022 Fleet - Spark Plug $118.23 676961 08/11/2022 Fleet - Execute Asphault Cln, Oxidation Remove, Renewz Black $351.25 676956 08/11/2022 Streets: asphalt supplies $611.32 Paying Fund Cash Account Amount Monday, September 12, 2022Pages: 4 of 14user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 200 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash) $611.32 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $160.28 731039 09/09/2022 Open Accounts Payable Napa Auto Parts $47.96 Invoice Date Description Amount 5983-783931 08/29/2022 Fleet - Dry Lube Spray $47.96 Paying Fund Cash Account Amount 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $47.96 731040 09/09/2022 Open Accounts Payable ORLANDI TRAILER $255.13 Invoice Date Description Amount 210727 09/06/2022 Facilities - Lock Pintle, Key $255.13 Paying Fund Cash Account Amount 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $255.13 731041 09/09/2022 Open Accounts Payable PG&E $290.21 Invoice Date Description Amount 4212-083022 08/30/2022 3535370421-2 7/22/22-8/22/22 $97.28 9785-083122 08/31/2022 2016881978-5 7/21/22-8/21/22 $10.76 8413-083022 08/30/2022 4685859841-3 7/22/22-8/22/22 $182.17 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $290.21 731042 09/09/2022 Open Accounts Payable PINE PRESS $4,583.25 Invoice Date Description Amount 00055092 08/22/2022 Sept/Oct 2022 50+ Scene Newsletter $4,583.25 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $4,583.25 731043 09/09/2022 Open Accounts Payable Royal Coach Tours $1,246.00 Invoice Date Description Amount 24219 09/15/2022 09/15/2022 Wines of the Santa Lucia Highlands Trip Charter $1,246.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,246.00 731044 09/09/2022 Open Accounts Payable SAN JOSE WATER COMPANY $30,689.92 Invoice Date Description Amount Import - 897837 08/22/2022 0573900000-7 - 22120 Stevens Creek Blvd $86.39 Import - 897838 08/22/2022 3688120000-4 - Mary Ave Footbridge $195.13 Import - 897839 08/22/2022 3872100000-8 - Park Canyon Oak Wy $664.17 Import - 897840 08/22/2022 5022148584-5 - 10301 Byrne Ave $117.52 Import - 897841 08/22/2022 6287875324-3 - 22241 McClellan Rd (Simms)$415.83 Import - 897842 08/22/2022 6875120000-4 - 21979 San Fernando Av $736.05 Import - 897843 08/22/2022 7112900000-7 - Oak Valley Rd $360.00 Import - 897844 08/22/2022 7523510000-7 - Oak Valley Road LS $283.41 Import - 897845 08/22/2022 9118810000-1 - 21121 Stevens Ck Bl Ls $505.37 Monday, September 12, 2022Pages: 5 of 14user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 201 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Import - 897846 08/22/2022 4299057897-5 Alhambra Ave $454.70 Import - 897847 08/23/2022 1198300000-8 - 21979 San Fernando Ave. 6620 $230.15 Import - 897848 08/23/2022 1332100000-5 - Hyde Avenue $4,799.84 Import - 897849 08/23/2022 2958510000-0 - 10555 Mary Ave.$315.86 Import - 897850 08/23/2022 2974010000-2 - 21251 Stevens Creek Blvd $457.04 Import - 897851 08/23/2022 3207400000-4 - 21710 McClellan 8312 $2,773.73 Import - 897852 08/23/2022 3953083125-2 - Tuscany Pl $446.34 Import - 897853 08/23/2022 4012210000-7 - 22601 Voss Av 8304 $3,577.66 Import - 897854 08/23/2022 5122900000-8 - Portable Meter $466.86 Import - 897855 08/23/2022 5237400000-9 - Dumas Dr, LS $5,064.15 Import - 897856 08/23/2022 5997110000-9 - 7555 Barnhart Pl $3,731.78 Import - 897857 08/23/2022 6730700000-9 - 21975 San Fernando Av $524.84 Import - 897858 08/23/2022 8427420000-9 - 8322 Foothill/Vista Knoll $636.25 Import - 897859 08/23/2022 8549600000-2 - Bubb Rd.LS $3,846.85 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $30,184.55 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $505.37 731045 09/09/2022 Open Accounts Payable SYSCO - SAN FRANCISCO $694.72 Invoice Date Description Amount 550187177 08/17/2022 Coffee & Birthday Bash Supplies $694.72 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $694.72 731046 09/09/2022 Open Accounts Payable TPx Communications $2,125.24 Invoice Date Description Amount 160817574-0 08/31/2022 Telephone Service for new VoIP System Aug. 2022 $2,125.24 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $2,125.24 731047 09/09/2022 Open Accounts Payable UNIVERSAL DIALOG INC.$120.00 Invoice Date Description Amount 5784-ENTC 09/01/2022 Coastal Cleanup Day 2022- advisement letter translation services $120.00 Paying Fund Cash Account Amount 230 - Env Mgmt Cln Crk Strm Drain 230 100-100 (Cash & Investments Assets Operating Cash) $120.00 731048 09/09/2022 Open Accounts Payable ARBORMD TREE CARE $1,000.00 Invoice Date Description Amount 312641 09/06/2022 19500 Homestead Road, Encroachment, 312641 $1,000.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,000.00 731049 09/09/2022 Open Accounts Payable Keiko O'Leary $30.00 Invoice Date Description Amount O'Leary082222 08/22/2022 Live Scan and Fingerprinting reimbursement $30.00 Paying Fund Cash Account Amount Monday, September 12, 2022Pages: 6 of 14user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 202 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $30.00 731050 09/09/2022 Open Accounts Payable SUNRUN INSTALLATION SERVICES $157.31 Invoice Date Description Amount 310606 09/02/2022 REFUND 18975 TUGGLE AVE BLD-2022-0973 WITHDRAWN $157.31 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $157.31 731051 09/09/2022 Open Accounts Payable Communication Academy $1,029.00 Invoice Date Description Amount CASummer2022-2 09/06/2022 Communication Academy Summer 2022 August 1 - 5 Payment $1,029.00 Paying Fund Cash Account Amount 580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash) $1,029.00 731052 09/09/2022 Open Accounts Payable Startup Space LLC $2,500.00 Invoice Date Description Amount 1316 08/18/2022 Startup Space Platform - Contract Execution PO No. 2023-146 $2,500.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,500.00 Type Check Totals:36 Transactions $2,896,154.15 EFT 35156 09/06/2022 Open Accounts Payable EMPLOYMENT DEVEL DEPT $49,406.24 Invoice Date Description Amount 08262022 08/26/2022 CA State Tax pp 8/13/22-8/26/22 $49,406.24 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $49,406.24 35157 09/06/2022 Open Accounts Payable IRS $156,656.15 Invoice Date Description Amount 08262022 08/26/2022 Federal Tax pp 8/13/22-8/26/22 $156,656.15 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $156,656.15 35158 09/08/2022 Open Accounts Payable P E R S $553,823.86 Invoice Date Description Amount 08262022 08/26/2022 PERS pp 8/13/22-8/26/22 $553,823.86 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $553,823.86 35159 09/08/2022 Open Accounts Payable California Public Employees' Retirement System $395,279.33 Invoice Date Description Amount 7158-081522 08/15/2022 Health Premiums $395,279.33 Paying Fund Cash Account Amount Monday, September 12, 2022Pages: 7 of 14user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 203 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $280,790.05 642 - Retiree Medical 642 100-100 (Cash & Investments Assets Operating Cash) $114,489.28 35160 09/06/2022 Open Accounts Payable USPS - EFT ONLY $521.15 Invoice Date Description Amount 501673509 08/31/2022 CUPERTINO SCENE INC $521.15 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $521.15 35161 09/06/2022 Open Accounts Payable USPS - EFT ONLY $3,570.00 Invoice Date Description Amount 501859605 09/01/2022 CUPERTINO SCENE INC $3,570.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $3,570.00 35162 09/09/2022 Open Accounts Payable EMPLOYMENT DEVEL DEPT $38,741.52 Invoice Date Description Amount 09092022 09/09/2022 CA State Tax One Time Payment 9/9/22 $38,741.52 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $38,741.52 35163 09/09/2022 Open Accounts Payable Employment Development $7,729.39 Invoice Date Description Amount 09092022 09/09/2022 State Disability Insurance One Time Payment 9/9/22 $7,729.39 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $7,729.39 35164 09/09/2022 Open Accounts Payable IRS $118,002.29 Invoice Date Description Amount 09092022 09/09/2022 Federal Tax One Time Payment 9/9/22 $118,002.29 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $118,002.29 35165 09/09/2022 Open Accounts Payable ABAG POWER- ASSOCIATION OF BAY AREA GOVERNMENTS $6,170.00 Invoice Date Description Amount AR029571 09/01/2022 FY 23 AMD Level Charge-Nat Gas $6,170.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $5,553.97 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $616.03 35166 09/09/2022 Open Accounts Payable ALESHIRE & WYNDER, LLP $5,350.00 Invoice Date Description Amount 08012022 08/01/2022 Vallco Legal Review 2022/07 $5,350.00 Paying Fund Cash Account Amount Monday, September 12, 2022Pages: 8 of 14user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 204 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $5,350.00 35167 09/09/2022 Open Accounts Payable Alex Corbalis $360.25 Invoice Date Description Amount 11022021 11/02/2021 Per Diem for NRPA Supervisor School 11/2021 $152.75 2022-00000528 02/28/2022 Per Diem for CPRS Conference 03/2022 $207.50 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $360.25 35168 09/09/2022 Open Accounts Payable Alliant Insurance Services, Inc.$496.00 Invoice Date Description Amount 2070822 09/01/2022 22-23 Public Official Bond, Lauren Sapudar $175.00 2074134 09/06/2022 Insurance Premium for Bobateeno September 17, 2022 $321.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $496.00 35169 09/09/2022 Open Accounts Payable Amazon Capital Services $452.46 Invoice Date Description Amount 1QG7-GKYK-N3WL 08/20/2022 refund - 2x Aumox 5 Port Gigabit PoE Switch, 4 Port PoE 78W, Gig ($74.10) 11C6-CPM9-3XW1 09/05/2022 1x USB C to HDMI Adapter USB Type C Adapter Multiport $87.25 1VK9-KY9G-YV1F 09/05/2022 6xDell 65W 20V 3.25A USB C & 1x 1U 19-Inch Fixed 4 -Post Rack Mou $295.29 1VK9-KY9G-XN7D 09/05/2022 1x Amazon Basics 6-Outlet Surge Protector & 2x Power Strip, SU $144.02 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $452.46 35170 09/09/2022 Open Accounts Payable Amazon Web Services, Inc.$2,764.26 Invoice Date Description Amount 1JQ7-C7W6-1LD9 09/05/2022 8x Logitech H390 Wired Headset & 4x Microsoft Modern USB-C Heads $410.16 1117871409 09/02/2022 AWS August 1 - August 31, 2022 - GIS $2,354.10 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $2,764.26 35171 09/09/2022 Open Accounts Payable AVOLVE SOFTWARE CORP $28,000.00 Invoice Date Description Amount 7186 08/31/2022 FY23 ProjectDox Maintenance - 9/15/22 - 9/14/23 $28,000.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $28,000.00 35172 09/09/2022 Open Accounts Payable COTTON, SHIRES & ASSOCIATES, INC. $5,150.48 Invoice Date Description Amount 522003 05/03/2022 C6032 Professional Services, 10270 Sterling Blvd $1,520.00 Monday, September 12, 2022Pages: 9 of 14user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 205 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 522004 05/03/2022 C6042 Professional Services, 22641 San Juan Road $2,300.48 122192 01/20/2022 C6090 Professional Services, 22346 Regnart Road $1,330.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $5,150.48 35173 09/09/2022 Open Accounts Payable Cupertino Supply, Inc $64,728.76 Invoice Date Description Amount 299853 09/01/2022 Grounds - Copper Type L-Pipe $1,040.37 299186 09/01/2022 Grounds - Wilkins 975 XL2 RP Valve $1,492.39 287403 09/01/2022 Grounds: Bottle fillers for various parks $62,196.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,532.76 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $62,196.00 35174 09/09/2022 Open Accounts Payable DANNY MESTIZO $110.00 Invoice Date Description Amount MestizoNov2019 12/18/2019 Mestizo - November 2019 Mobile Reimbursement $55.00 MestizoOct2019 12/18/2019 Mestizo - October 2019 Mobile Reimbursement $55.00 Paying Fund Cash Account Amount 580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash) $110.00 35175 09/09/2022 Open Accounts Payable GONG CHA USA $1,666.78 Invoice Date Description Amount 001 09/06/2022 Bobateeno - Gong Cha Tea $1,666.78 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,666.78 35176 09/09/2022 Open Accounts Payable GRAINGER INC $578.38 Invoice Date Description Amount 9429176705 08/30/2022 Streets: harness xl connect $458.15 9429176697 08/30/2022 Streets: hard hats $120.23 Paying Fund Cash Account Amount 270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash) $578.38 35177 09/09/2022 Open Accounts Payable Imperial Sprinkler Supply. Inc $196.97 Invoice Date Description Amount 5256950-00 08/23/2022 Trees/ROW: detect tape $166.84 5262290-00 08/26/2022 grounds: bushings $30.13 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $196.97 35178 09/09/2022 Open Accounts Payable Independent Code Consultants, Inc.$3,314.80 Invoice Date Description Amount 1640 09/01/2022 Building Plan Review Services $500.00 1641 09/01/2022 Building Plan Review Services - Westport $2,814.80 Paying Fund Cash Account Amount Monday, September 12, 2022Pages: 10 of 14user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 206 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $3,314.80 35179 09/09/2022 Open Accounts Payable KIMBALL-MIDWEST $168.72 Invoice Date Description Amount 100226680 08/23/2022 Streets: street lighting supplies posi-seal $168.72 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $168.72 35180 09/09/2022 Open Accounts Payable KIMLEY-HORN AND ASSOCIATES, INC. $3,420.00 Invoice Date Description Amount 22093478 07/31/2022 Bianchi Peer Review - 2022/07 $3,420.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $3,420.00 35181 09/09/2022 Open Accounts Payable KMVT Community Television $6,108.84 Invoice Date Description Amount 7809 08/31/2022 KMVT Community TV August 2022 $6,108.84 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $6,108.84 35182 09/09/2022 Open Accounts Payable Marlon Aumentado $55.00 Invoice Date Description Amount MarlonA08152022 08/15/2022 Cell Phone Reimbursement through 071622-08152022 $55.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $55.00 35183 09/09/2022 Open Accounts Payable Netzel Grigsby Associates, Inc.$11,668.00 Invoice Date Description Amount 12375 08/25/2022 Fundraising Planning Services $11,668.00 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $11,668.00 35184 09/09/2022 Open Accounts Payable NI GOVERNMENT SERVICES INC.$79.04 Invoice Date Description Amount 22082907051 09/02/2022 Traffic Period 8/1/2022 - 8/31/2022 $79.04 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $79.04 35185 09/09/2022 Open Accounts Payable ODP Business Solutions, LLC $216.51 Invoice Date Description Amount 261467290001 08/15/2022 Servie Center office supplies $66.87 261099743001 08/23/2022 Office Supplies - Copy Paper & Post-It $149.64 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $216.51 Monday, September 12, 2022Pages: 11 of 14user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 207 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 35186 09/09/2022 Open Accounts Payable Pakpour Consulting Group, Inc.$3,535.00 Invoice Date Description Amount 3902 09/06/2022 Stevens Creek Blvd Class IV Bikeway Ph. 2 through 070122-083122 $3,535.00 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $3,535.00 35187 09/09/2022 Open Accounts Payable Redgwick Construction Company $669,031.69 Invoice Date Description Amount 3, 4602 08/31/2022 Orange Avenue Sidewalk Improvements through 08312022 $669,031.69 Paying Fund Cash Account Amount 270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash) $669,031.69 35188 09/09/2022 Open Accounts Payable Richard Yau $5,400.00 Invoice Date Description Amount 2207 08/25/2022 I-280, RR Improve., RCT, Bubb, SCB, RCP Fencing, Orange, etc. $5,400.00 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $5,400.00 35189 09/09/2022 Open Accounts Payable Rise Housing Solutions, Inc $29,939.50 Invoice Date Description Amount Cupertino - 015 07/31/2022 BMR Program Administrator 2022/07 $18,597.00 Cupertino - 016 08/31/2022 BMR Program Administrator 2022/08 $11,342.50 Paying Fund Cash Account Amount 265 - BMR Housing 265 100-100 (Cash & Investments Assets Operating Cash) $29,939.50 35190 09/09/2022 Open Accounts Payable Robert Half $1,892.83 Invoice Date Description Amount 60633118 08/30/2022 Osman, Luam for Week-Ended 08/26/2022 $1,892.83 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,892.83 35191 09/09/2022 Open Accounts Payable RRM DESIGN GROUP $1,197.50 Invoice Date Description Amount 2132-01-0522 06/21/2022 CWP Mixed Use Standards 2022/05 $1,197.50 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,197.50 35192 09/09/2022 Open Accounts Payable SERVICE STATION SYSTEMS, INC.$772.00 Invoice Date Description Amount 2148668 08/31/2022 Streets - PM Testing $772.00 Paying Fund Cash Account Amount 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $772.00 Monday, September 12, 2022Pages: 12 of 14user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 208 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 35193 09/09/2022 Open Accounts Payable Starbird Consulting LLC $2,699.60 Invoice Date Description Amount 0194 08/25/2022 Environ. Con. Svcs. McClellan Ranch West Parking Lot 07312022 $1,855.85 0190 07/30/2022 Environmental Consulting Services through 07192022 $843.75 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $2,699.60 35194 09/09/2022 Open Accounts Payable Statewide Traffic Safety & Signs Inc.$2,886.05 Invoice Date Description Amount 05037937 07/06/2022 Rain Gear from last FY just delivered $2,886.05 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,886.05 35195 09/09/2022 Open Accounts Payable SUNNYVALE FORD $881.14 Invoice Date Description Amount 209478 09/01/2022 Fleet - Gasket 1 HV $19.92 209404 08/31/2022 Fleet - Core, Sensor 1 HV $345.58 209379 08/30/2022 Fleet - Handle $77.89 209422 09/01/2022 Fleet: housing $437.75 Paying Fund Cash Account Amount 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $881.14 Type EFT Totals:40 Transactions $2,183,020.49 Main Account - Main Checking Account Totals Checks Status Count Transaction Amount Reconciled Amount Open 36 $2,896,154.15 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Stopped 0 $0.00 $0.00 Monday, September 12, 2022Pages: 13 of 14user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 209 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Total 36 $2,896,154.15 $0.00 EFTs Status Count Transaction Amount Reconciled Amount Open 40 $2,183,020.49 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Total 40 $2,183,020.49 $0.00 All Status Count Transaction Amount Reconciled Amount Open 76 $5,079,174.64 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Stopped 0 $0.00 $0.00 Total 76 $5,079,174.64 $0.00 Grand Totals: Checks Status Count Transaction Amount Reconciled Amount Open 36 $2,896,154.15 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Stopped 0 $0.00 $0.00 Total 36 $2,896,154.15 $0.00 EFTs Status Count Transaction Amount Reconciled Amount Open 40 $2,183,020.49 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Total 40 $2,183,020.49 $0.00 All Status Count Transaction Amount Reconciled Amount Open 76 $5,079,174.64 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Stopped 0 $0.00 $0.00 Total 76 $5,079,174.64 $0.00 Monday, September 12, 2022Pages: 14 of 14user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/3/2022 - To Payment Date: 9/9/2022 210 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Main Account - Main Checking Account Check 731054 09/16/2022 Open Accounts Payable 4imprint, Inc.$1,003.36 Invoice Date Description Amount 23557412 08/31/2022 Engraved Pens for Giveaways $1,003.36 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,003.36 731055 09/16/2022 Open Accounts Payable ALHAMBRA $109.39 Invoice Date Description Amount 4984729 090322 09/03/2022 Employee Drinking Water $109.39 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $109.39 731056 09/16/2022 Open Accounts Payable AT & T $124.44 Invoice Date Description Amount 5558-082822 08/28/2022 960 731-7142 555 8 $124.44 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $124.44 731057 09/16/2022 Open Accounts Payable Automatic Door Systems, Inc.$2,233.01 Invoice Date Description Amount 52933 09/06/2022 Facilities - Horton Dunker Motor, Screws, Chemicals, Fasteners $2,233.01 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,233.01 731058 09/16/2022 Open Accounts Payable Avocette Technologies Inc.$3,607.50 Invoice Date Description Amount 2208CU1 08/31/2022 Accela FY23 Configuration services - August 2022 $3,607.50 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $3,607.50 731059 09/16/2022 Open Accounts Payable BOETHING TREELAND FARMS INC $305.85 Invoice Date Description Amount SI-1327802 09/12/2022 Grounds - Bignonia Radicans $305.85 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $305.85 731060 09/16/2022 Open Accounts Payable California Association Public Information Official $275.00 Invoice Date Description Amount 16433 08/22/2022 CAPIO Membership Renewal - Branton $275.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $275.00 Monday, September 19, 2022Pages: 1 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 211 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 731061 09/16/2022 Open Accounts Payable Christopher Jensen $231.86 Invoice Date Description Amount 09.07.2022 09/07/2022 Reimbursement, League of Cities 09.07.22 $231.86 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $231.86 731062 09/16/2022 Open Accounts Payable CINTAS CORP $2,265.20 Invoice Date Description Amount 4130572425 09/07/2022 UNIFORMS SAFETY APPAREL $1,128.10 4127126122 08/02/2022 UNIFORMS SAFETY APPAREL $1,137.10 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,265.20 731063 09/16/2022 Open Accounts Payable Comcast $983.36 Invoice Date Description Amount 153351463 09/01/2022 Business Class Internet - Mary, Stevens Creek, Town, Aug. 2022 $983.36 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $983.36 731064 09/16/2022 Open Accounts Payable Craig Faitel / Safe 2 Play LLC $1,920.00 Invoice Date Description Amount 03541 09/02/2022 Certified Playground Safety Inspection $1,920.00 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $1,920.00 731065 09/16/2022 Open Accounts Payable DONE RIGHT, INC.$7,117.00 Invoice Date Description Amount 7030 09/10/2022 Facilities - City Hall Remove Facia Board on Westside Install Ne $7,117.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $7,117.00 731066 09/16/2022 Open Accounts Payable Eric Maldonado $575.00 Invoice Date Description Amount 2068 08/11/2022 Facilities - Solar Gard Panorama Slate 20 $575.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $575.00 731067 09/16/2022 Open Accounts Payable FEDEX $14.72 Invoice Date Description Amount 7-871-02819 09/02/2022 FEDEX - shipping supply large box $14.72 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $14.72 Monday, September 19, 2022Pages: 2 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 212 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 731068 09/16/2022 Open Accounts Payable INTERSTATE BATTERY SYSTEM SAN JOSE INC. $697.27 Invoice Date Description Amount 10304277 09/13/2022 Fleet - MTP-65HD $139.45 10304149 09/06/2022 Fleet - MTP-65HD, ATCore $557.82 Paying Fund Cash Account Amount 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $697.27 731069 09/16/2022 Open Accounts Payable KELLY-MOORE PAINT CO INC $578.89 Invoice Date Description Amount 808-00000855726 09/07/2022 Facilities - Oyster, Cottage White $578.89 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $578.89 731070 09/16/2022 Open Accounts Payable Language Network, Inc $905.35 Invoice Date Description Amount P3283 09/08/2022 FY22-23 Budget at a Glance (BAAG) - Chinese $905.35 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $905.35 731071 09/16/2022 Open Accounts Payable Lawson Products, Inc.$409.34 Invoice Date Description Amount 9309814624 08/05/2022 Fleet - Tire Patches, Flat Washer, Cap Screw, Tubing, Gauge $409.34 Paying Fund Cash Account Amount 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $409.34 731072 09/16/2022 Open Accounts Payable Mahan and Sons Inc.$1,400.00 Invoice Date Description Amount 1907 09/03/2022 Grounds - Varian Park Aug 2022 Services $1,400.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,400.00 731073 09/16/2022 Open Accounts Payable Miracle Playsystems Inc. $211,085.21 Invoice Date Description Amount F2022-0566 08/15/2022 Miracle Play Equipment Creekside Park $211,085.21 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $211,085.21 731074 09/16/2022 Open Accounts Payable Napa Auto Parts $590.26 Invoice Date Description Amount 679077 09/07/2022 Fleet - Cerulean 2 GR $84.85 679161 09/08/2022 Fleet - Sensor Bulk 20 pack $505.41 Paying Fund Cash Account Amount 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $590.26 Monday, September 19, 2022Pages: 3 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 213 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 731075 09/16/2022 Open Accounts Payable Napa Auto Parts $63.08 Invoice Date Description Amount 5983-783930 08/29/2022 Fleet - Toggle $10.51 5983-784024 08/29/2022 Fleet - BMR Kit $52.57 Paying Fund Cash Account Amount 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $63.08 731076 09/16/2022 Open Accounts Payable Operating Engineers Local Union No. 3 $1,546.00 Invoice Date Description Amount 09092022 09/09/2022 Union Dues pp 8/27/22-9/9/22 $1,546.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,546.00 731077 09/16/2022 Open Accounts Payable Otls Elevator Company $1,609.08 Invoice Date Description Amount 100400883248 08/15/2022 Facilities - City Hall 9-1-22 to 8-31-23 Maintenance $1,609.08 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,609.08 731078 09/16/2022 Open Accounts Payable Pacific Polymers Company $7,875.00 Invoice Date Description Amount 7297 09/06/2022 Grounds - 40x46 Clear Plastic Bags $7,875.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $7,875.00 731079 09/16/2022 Open Accounts Payable PG&E $62,811.87 Invoice Date Description Amount 0092-083122-0 08/31/2022 110659172 -N De Anza 455FT S/O Mariani Dr, Irrig Control $14.67 0092-083122-1 08/31/2022 110958527 115145264 -Randy Lane & Larry Way- Streetlights $57.86 0092-083122-2 08/31/2022 111736580 SF Cupertino 075 $3.99 0092-083122-3 08/31/2022 (Old116367536) 113736756 -Senior Center 21251 Stevens Creek BLVD $5,133.72 0092-083122-4 08/31/2022 116367013 -112017763 -11370 S Stelling Rd, Irrigation Control $17.08 0092-083122-5 08/31/2022 114315284 116367325 -21975 San Fernando Ave, Picnic Area $4,264.75 0092-083122-6 08/31/2022 114321565 116367416 -22601 Voss Ave $1,028.92 0092-083122-7 08/31/2022 116367001 -E27H4 Wolfe and Rte 280 NB Loc A $60.04 0092-083122-8 08/31/2022 116367025 -De Anza and Lazaneo, Traffic Signal $92.33 0092-083122-9 08/31/2022 116367035 -De Anza Blvd and Mariani, Traffic Signal/Safety Lts $100.83 0092-083122-10 08/31/2022 116367044 -10555 Mary Ave NEM $42.27 0092-083122-11 08/31/2022 116367045 -De Anza Blvd and Hwy 280 S/Ramp, Traffic Signal $98.46 0092-083122-12 08/31/2022 116367050 -NW Corner Stevens Crk, Traffic Signals $83.47 Monday, September 19, 2022Pages: 4 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 214 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 0092-083122-13 08/31/2022 116367055 -Saich Wy and Stevens Crk NE Corner, Traffic Signal $76.54 0092-083122-14 08/31/2022 116367060 -E37R0 Stevens Creek and De Anza Blvd, Traffic Signal $116.24 0092-083122-15 08/31/2022 116367065 -Stevens Creek Blvd E/Saich Wy, Sprinkler Control $11.19 0092-083122-16 08/31/2022 116367067 -Stonydale Dr and Varian Park, walkway lighting and Ir $100.35 0092-083122-17 08/31/2022 116367070 -Stevens Creek and Blaney Ave., Traffic Signal $93.97 0092-083122-18 08/31/2022 116367071 -Linda Vista Dr / Hillside Park, Hillside Park $26.96 0092-083122-19 08/31/2022 116367075 -Vallco Pkwy and Perimeter Rd., Traffic Signals $67.40 0092-083122-20 08/31/2022 116367090 -Wolfe and Vallco Pkwy, Traffic Signals $96.33 0092-083122-21 08/31/2022 116367100 -E37H3 Wolfe and 280 SB Loc B, Traffic Signal $81.62 0092-083122-22 08/31/2022 116367105 -Stevens Crk and Wolfe Rd, Traffic Signals $130.01 0092-083122-23 08/31/2022 116367110 -SW Cor Stevens Crk and Portal, Traffic Signal $83.97 0092-083122-24 08/31/2022 116367113 -Miller E/S 100N off Calle De Barcelona $81.62 0092-083122-25 08/31/2022 116367115 -Stevens Crk and Perimeter Rd, Traffic Control Signal $80.57 0092-083122-26 08/31/2022 116367120 -Vallco Prky/Tantau Ave, Traffic Signal $94.24 0092-083122-27 08/31/2022 116367125 -Stevens Crk and Tantau, Traffic Signals $92.38 0092-083122-28 08/31/2022 116367130 -NW Corner Steven Crk and Torre, Traffic Signal $93.10 0092-083122-29 08/31/2022 111190735 119980351-10300 Torre Ave, City Hall $13,077.28 0092-083122-30 08/31/2022 116367150 -Homestead and Wolfe Road, Sunnyvale $106.27 0092-083122-31 08/31/2022 116367155 -Homestead and Blaney, Cupertino Traffic Signal, Sunny $64.78 0092-083122-32 08/31/2022 116367165 -S/E Wolfe-Pruneridge, Sprinkler Control and Traffic S $105.76 0092-083122-33 08/31/2022 116367170 -Tantau Ave and Tandem D/W, Traffic Signal $93.97 0092-083122-34 08/31/2022 116367171 -10155 Barbara Ln, Irrigation and Scoreboard $227.03 0092-083122-35 08/31/2022 116367175 -S/E Corner Pruneridge and Tantau, Traffic Controller $77.67 0092-083122-36 08/31/2022 116367180 -Finch and Stevens Creek, Traffic Signals $108.40 0092-083122-37 08/31/2022 116367185 -Wolfe Rd 500 Ft S/O Homestead, City/Sign Lighting $35.36 0092-083122-38 08/31/2022 116367195 -Corner Miller and Phil Ln, Traffic Signal $70.55 0092-083122-39 08/31/2022 116367200 -Homestead and De Anza Blvd, Traffic Signal/Dept Pub W $112.90 0092-083122-40 08/31/2022 116367205 -Homestead Rd and Franco Ct, Traffic Signals $72.67 0092-083122-41 08/31/2022 116367215 -N/Ramp De Anza Blvd, Traffic Signal $90.29 0092-083122-42 08/31/2022 116367220 -Homestead Rd and Bluejay Rd, Traffic Signals $75.04 0092-083122-43 08/31/2022 118426656 -WS Portal Btw Amhurst-Wheaton , Portal Prk Ltg, Prk L $256.10 Monday, September 19, 2022Pages: 5 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 215 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 0092-083122-44 08/31/2022 116367236 -Stelling Rd Median 450' S/O Stevens Crk, Landscape Ir $13.03 0092-083122-45 08/31/2022 116367245 -Stevens Creek Blvd and Janice Ave, Sprinkler Control $18.11 0092-083122-46 08/31/2022 116367255 -Lucille and Villa De Anza, Sprinkler Control $335.04 0092-083122-47 08/31/2022 116367269 -Cor/Lucille and Randy Ln, Sprinkler System (011095852 $12.57 0092-083122-48 08/31/2022 116367274 -1170 Yorkshire Dr.$10.81 0092-083122-49 08/31/2022 116367275 -Homestead and Tantau, Cupertino Traffic Signal, Sunny $96.06 0092-083122-50 08/31/2022 116367280 -Stevens Creek Blvd and Fwy 85 East Ramp, Traffic Sign $90.29 0092-083122-51 08/31/2022 116971849 -21111 Stevens Creek Blvd, Sports Center $10,726.86 0092-083122-52 08/31/2022 116367290 -Stevens Creek and Mary Ave, Traffic Signals $97.05 0092-083122-53 08/31/2022 116367332 -821 Bubb Rd #B/Building Concession $46.68 0092-083122-54 08/31/2022 116367343 112570652 -Foothill Blvd 150' N/O Alpine E/S, Irrigati $10.94 0092-083122-55 08/31/2022 116367357 -N De Anza 188 FT N/Valley Green Dr, Irrig Controller $18.58 0092-083122-56 08/31/2022 116367359 -Homestead and Heron, traffic control svc $72.45 0092-083122-57 08/31/2022 115211833 -10300 Anisworth Dr, Ball Park Stevens Creek SV $10.74 0092-083122-58 08/31/2022 116367370 -Stevens Creek Blvd and Fwy 85 West Ramp, Traffic Sign $14.78 0092-083122-59 08/31/2022 110081495 -10710 Stokes Ave, Somerset Park $28.01 0092-083122-60 08/31/2022 116367380 -NE Corner Peninsula and Stevens Creek, Traffic Signal $92.59 0092-083122-61 08/31/2022 116367385 -End/Stokes W/Wilson Crt, Sprinkler Control $12.59 0092-083122-62 08/31/2022 116367395 -N/E corner Foothill and Starling Dr, Traffic Signals $73.19 0092-083122-63 08/31/2022 116367401 -Miller W/S N of Greenwood $20.70 0092-083122-64 08/31/2022 116367408 -Stevens Creek Bl and Mary Avenue, Memorial Park Pump $74.15 0092-083122-65 08/31/2022 116367437 -10455 Miller Ave, Creekside Park $432.71 0092-083122-66 08/31/2022 116367447 -Stelling Rd Median 500' S/O Peppertree Ln, Landscape $13.36 0092-083122-67 08/31/2022 116367449 -10350 Torre Ave, Community Hall $2,913.66 0092-083122-68 08/31/2022 116367455 -E37R9 Rodriguez and De Anza Blvd, Traffic Signal $110.38 0092-083122-69 08/31/2022 116367465 -De Anza Blvd and Scofield Dr, Sprinkler Controller $12.24 0092-083122-70 08/31/2022 116367474 -10500 Ann Arbor Ave, Field-Garden Gate $252.81 0092-083122-71 08/31/2022 116367475 -Foothill and Stevens Creek, Traffic Signal $84.46 0092-083122-72 08/31/2022 116367476 -Salem Ave and Foothill Blvd, Irrigation Control $10.53 0092-083122-73 08/31/2022 116367477 -21121 Stevens Creek Blvd, Memorial Park $1,247.25 0092-083122-74 08/31/2022 116367484 -20220 Suisun Dr, Parks and Rec Free Standing Panel $280.55 Monday, September 19, 2022Pages: 6 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 216 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 0092-083122-75 08/31/2022 116367493 -Dumas Dr/Jollyman Park, Jollyman Park Restroom $657.81 0092-083122-76 08/31/2022 116367505 -Stevens Crk and Stelling, Signal $43.93 0092-083122-77 08/31/2022 116367510 -Bubb Rd and Results Wy, Traffic Signal $67.86 0092-083122-78 08/31/2022 116367515 -Bubb Rd and McClellan Intersection, Traffic Signal $103.12 0092-083122-79 08/31/2022 116367520 -Stelling Rd and Peppertree, Traffic Signal $71.08 0092-083122-80 08/31/2022 116367525 -Stelling and McClellan, Signals $98.46 0092-083122-81 08/31/2022 116367527 -Foothill Blvd 200' N/O Stevens Creek W/S, Irrigation $10.62 0092-083122-82 08/31/2022 116367530 -Orange Ave and Stevens Creek N/E corner, Traffic Cont $61.54 0092-083122-83 08/31/2022 116367545 -Saratoga-Sunnyvale Rd, Traffic Signal $87.05 0092-083122-84 08/31/2022 116367550 -W/S Saratoga-Sunnyvale Rd @ RT85, Traffic Signal $76.80 0092-083122-85 08/31/2022 116367559 -21011 Prospect Rd, Irrigation Control $10.58 0092-083122-86 08/31/2022 116367560 -S/E corner De Anza and Pacifica, Traffic Signal $94.16 0092-083122-87 08/31/2022 116367570 -De Anza Blvd, Sprinkler Controller *$12.24 0092-083122-88 08/31/2022 116367585 -Rainbow and Stelling, Traffic Signal $88.89 0092-083122-89 08/31/2022 116367587 -10430 S De Anza Blvd, Holiday Lighting $47.92 0092-083122-90 08/31/2022 116367590 -Saratoga Sunnyvale Rd and Hwy 85, Traffic Signal $81.22 0092-083122-91 08/31/2022 116367605 -E37C1 Prospect and Rte 85, Traffic Signal $94.80 0092-083122-92 08/31/2022 116367610 -E37R6 Kentwood/S. De Anza Blvd, Traffic Signal $89.72 0092-083122-93 08/31/2022 116367615 -Fallenleaf Ln and S De Anza Blvd, Traffic Signal $93.99 0092-083122-94 08/31/2022 116367620 -S De Anza Blvd and Sharon Dr , Irrigation Controller $19.02 0092-083122-95 08/31/2022 116367625 -Stevens Creek Blvd Orange S/W Cor, Irrigation Control $10.51 0092-083122-96 08/31/2022 116367628 -N/W corner Alpine Dr and Foothill Blvd, Irrigation Co $10.74 0092-083122-97 08/31/2022 116367630 -22100 Stevens Creek Blvd, Golf Pro Shop $425.57 0092-083122-98 08/31/2022 116367648 -Linda Vista Park/Linda Vista Dr, Irrigation Control $160.94 0092-083122-99 08/31/2022 116367656 -Scofield and De Anza, 100HP $13.23 0092-083122-100 08/31/2022 116367677 -De Anza and Lazaneo, Sprinkler System $10.62 0092-083122-101 08/31/2022 116367685 -Ruppell Pl and Moltzen Dr, Sprinkler Control $107.53 0092-083122-102 08/31/2022 116367740 -Carmen Rd and Stevens Creek S/E corner, Irrigation Co $10.51 0092-083122-103 08/31/2022 116367568 -10555 Mary Ave, Corp Yard $26.91 0092-083122-104 08/31/2022 116367763 -10630 S De Anza Blvd, Holiday Lighting $49.38 0092-083122-105 08/31/2022 116367782 -N/S Stevens Creek Blvd in front of 20301, Irrigation $10.51 0092-083122-106 08/31/2022 116367793 - Greenleaf Dr, Flora Vista Ave, Glencoe Dr, N Stellin $738.57 0092-083122-107 08/31/2022 116367815 -19784 Wintergreen Dr $724.55 Monday, September 19, 2022Pages: 7 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 217 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 0092-083122-108 08/31/2022 116367836 -De Anza Blvd E/S S/O Lazaneo, Sprinkler Control $10.62 0092-083122-109 08/31/2022 116367840 -10185 N Stelling RD $13,769.12 0092-083122-110 08/31/2022 116367902 -10246 Parkside Ln, Wilson Pk Sprinklers,Snack Shack,I $460.26 0092-083122-111 08/31/2022 116367907 -S/W Corner Stelling and Green leaf, Traffic Signal $87.84 0092-083122-112 08/31/2022 116367925 -22601 Voss Ave, Outdoor Lighting-MV Park $32.27 0092-083122-113 08/31/2022 116367941 -7548 Donegal Dr, Irrigation Control /Hoover Park $10.80 0092-083122-114 08/31/2022 116367988 -21710 McClellan Rd, Playground Reception Area $10.51 0092-083122-115 08/31/2022 1110161867 - Wolfe Rd @ Apple Campus Driveway $81.38 0092-083122-116 08/31/2022 116644889 19500 Pruneridge ave pole TP16660 $6.57 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $51,659.44 560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash) $425.57 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $10,726.86 731080 09/16/2022 Open Accounts Payable Quadient, Inc.$90.90 Invoice Date Description Amount 59436866 07/24/2022 Standard Maintenance for Postage Machine (8/22/22- 11/22/22) $90.90 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $90.90 731081 09/16/2022 Open Accounts Payable ROYAL BRASS INC $420.61 Invoice Date Description Amount 992817-001 09/02/2022 Fleet - 3/8x50 Pressue, BST Non-Valved Coup $420.61 Paying Fund Cash Account Amount 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $420.61 731082 09/16/2022 Open Accounts Payable RPM EXTERMINATORS INC $2,925.00 Invoice Date Description Amount 0095519 06/03/2022 Facilities - 6 Rodent Bait Stations Installed $225.00 0095516 06/03/2022 Facilities - QCC Cockroach $375.00 0095518 06/03/2022 Facilities - Wilson Park Cockroach $375.00 0095517 06/03/2022 Facilities - Creekside Exterior Roaches $375.00 0095506 06/28/2022 Facilities - Sports Center Cockroaches $525.00 0094975 06/29/2022 Facilities - Changed Bait $1,050.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,190.00 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $735.00 Monday, September 19, 2022Pages: 8 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 218 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 731083 09/16/2022 Open Accounts Payable SAN JOSE WATER COMPANY $67,323.68 Invoice Date Description Amount Import - 897977 08/30/2022 3156700000-0 - Prospect Rd.LS $174.89 Import - 897978 08/30/2022 4676110000-0 - Rainbow Dr.LS $150.69 Import - 897979 08/30/2022 6756510000-4 - Yorkshire Dr.LS $5,769.77 Import - 897980 08/30/2022 7808300000-6 - Irrigation-Median (Westlynn Wy)$150.69 Import - 897981 08/30/2022 9511610000-9 - Donegal Dr.$86.64 Import - 897982 08/29/2022 0879200000-5 - Stelling Rd. LS $784.76 Import - 897983 08/29/2022 1731610000-1 - De Anza Blvd.S.$430.36 Import - 897984 08/29/2022 4242600000-8 - Irrigation-Median (Bollinger Rd)$132.56 Import - 897985 08/29/2022 5280181221-6 - S De Anza Bl (median irrigation)$130.20 Import - 897986 08/29/2022 5461910000-8 - De Anza Blvd.S.$508.85 Import - 897987 08/29/2022 5949902723-9 - Creekline Dr $267.17 Import - 897988 08/29/2022 9705420000-7 - 10300 Torre Avenue Ls $416.87 Import - 897989 08/23/2022 0068410000-1 - 22221 McClellan 8302 $2,463.25 Import - 897990 08/23/2022 0134100000-6 - 8303 Memorial Park $3,084.21 Import - 897991 08/23/2022 0345710000-0 - Alderbrook Ln.FS $117.85 Import - 897992 08/23/2022 0677310000-0 - 10300 Torre Ave LS (Comm.Hall)$1,214.55 Import - 897993 08/23/2022 1250520000-1 - 6620 Blackberry/Snack $642.14 Import - 897994 08/23/2022 1393820000-6 - Irrig SC/Stelling LS (Stev Crk Blvd)$71.06 Import - 897995 08/23/2022 1444810000-9 - Hyannisport Dr. LS $4,755.29 Import - 897996 08/23/2022 1735700000-3 - 8303 Memorial Park Restroom $265.98 Import - 897997 08/23/2022 1787904559-3 - 22221 McClellan 8302 $254.11 Import - 897998 08/23/2022 1832500000-0 - Ruppell PL LS $1,911.01 Import - 897999 08/23/2022 1836700000-9 - 8322 Mary Mini Park $242.09 Import - 898000 08/23/2022 1987700000-0 - Alderbrook Ln LS $6,275.39 Import - 898001 08/23/2022 2228610000-7 - 21111 Stevens Crk LS $242.09 Import - 898002 08/23/2022 2243500000-9 - 10300 Ainsworth Dr.LS $2,463.25 Import - 898003 08/23/2022 2286120000-8 - 21251 Stevens Creek Blvd $73.94 Import - 898004 08/23/2022 2288800000-1 - Stokes Ave/8306 Somerset Park $1,478.06 Import - 898005 08/23/2022 2649300000-9 - 10300 Torre Ave. FS (Comm.Hall)$117.85 Import - 898006 08/23/2022 2787197813-9 - 8322 Stevens Creek Bl $71.06 Import - 898007 08/23/2022 2892070144-9 - 22221 McClellan 8320 $147.88 Import - 898008 08/23/2022 2984810000-3 - 8504 Alves and Stelling $289.86 Import - 898009 08/23/2022 3296700000-4 - Irrig SC/Stelling LS (Stev Crk Blvd)$71.06 Import - 898010 08/23/2022 3322910000-4 - 8306 Somerset Park(Stokes Ave)$224.19 Import - 898011 08/23/2022 3530520000-4 - 21111 Stev.Crk Blvd 8510 $367.48 Import - 898012 08/23/2022 3612707315-7 - Stocklmeir Ct $916.80 Import - 898013 08/23/2022 3673220000-5 - Stev.Crk/Cupertino Rd.$71.06 Import - 898014 08/23/2022 3746710000-6 - 21111 Stev.Crk BL FS $116.19 Import - 898015 08/23/2022 3841010000-2 - 8507 Monta Vista Park $265.98 Import - 898016 08/23/2022 3856110000-9 - 8322 Stella Estates $71.06 Import - 898017 08/23/2022 3857710000-1 - 8322 Foothill/Cupertino Rd $332.44 Import - 898018 08/23/2022 3900520000-9 - 10300 Torre Ave $534.08 Import - 898019 08/23/2022 4103020000-4 - 6620 Blackberry/Snack $767.53 Import - 898020 08/23/2022 4227520000-6 - 8303 Memorial Park $731.71 Import - 898021 08/23/2022 5356310000-6 - 8322 Stev.Crk/Median $224.19 Import - 898022 08/23/2022 5778910000-5 - 8504 Quinlan Ln.FS $73.94 Import - 898023 08/23/2022 5835000000-4 - 8322 Stelling/Alves $140.68 Import - 898024 08/23/2022 5929210000-1 - 8322 Ann Arbor Ct $146.64 Monday, September 19, 2022Pages: 9 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 219 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Import - 898025 08/23/2022 5948100000-4 - Emerg Irrig/Golf/ 6640 BBF $9,611.92 Import - 898026 08/23/2022 5986710000-6 - 10300 Torre Ave. FS (Comm.Hall)$455.36 Import - 898027 08/23/2022 6292600000-1 - 10800 Torre Ave LS $4,216.28 Import - 898028 08/23/2022 6296810000-8 - 8322 Stev.Crk Bl median $71.06 Import - 898029 08/23/2022 6405210000-1 - 8506 McClellan Ranch $190.47 Import - 898030 08/23/2022 6578520000-0 - 83 Foothill Bl/Alpine Dr22 LS $170.53 Import - 898031 08/23/2022 6788620000-4 - 10555 Mary Ave. 8503 $331.65 Import - 898032 08/23/2022 6907100000-9 - Alderbrook Ln $209.30 Import - 898033 08/23/2022 6935200000-9 - 8303 Memorial Park $5,591.96 Import - 898034 08/23/2022 6973320000-5 - 8301 Linda Vista PK1 $707.82 Import - 898035 08/23/2022 7036000000-7 - 85 Stev.Crk/Mary LS $164.55 Import - 898036 08/23/2022 7054200000-8 - 8322 Phar Lap LS $90.98 Import - 898037 08/23/2022 7495200000-3 - 10300 Torre Ave FS $117.85 Import - 898038 08/23/2022 7630410000-1 - Salem Av.LS $152.61 Import - 898039 08/23/2022 7930000000-1 - 8322 Stelling/Christensen Dr.$152.61 Import - 898040 08/23/2022 8006810000-9 - 10450 Mann Dr $55.15 Import - 898041 08/23/2022 8065700000-8 - Peninsula and Fitzgerald Is $43.22 Import - 898042 08/23/2022 8270010000-9 - Janice Ave.LS $236.12 Import - 898043 08/23/2022 8287220000-9 - 8322 Stevens Cr/San Antonio Ls $71.06 Import - 898044 08/23/2022 8647520000-1 - 10555 Mary Ave/Corp Yard FS $190.14 Import - 898045 08/23/2022 8755010000-9 - 10455 Miller Ave/Creekside $431.13 Import - 898046 08/23/2022 8879620000-9 - 8504 Christensen Dr $271.95 Import - 898047 08/23/2022 8886800000-6 - 8301 Linda Vista PK2 $815.29 Import - 898048 08/23/2022 9377600000-7 - 8307 Varian Park $2,033.34 Import - 898049 08/23/2022 9824500000-9 - 8322 Irrig SC/Stelling $701.93 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $56,986.00 560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash) $9,611.92 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $725.76 731084 09/16/2022 Open Accounts Payable SIERRA PACIFIC TURF SUPPLY, INC. $2,073.95 Invoice Date Description Amount 0627318-IN 08/29/2022 steel mesh divider/driving range mats $2,073.95 Paying Fund Cash Account Amount 560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash) $2,073.95 731085 09/16/2022 Open Accounts Payable Sister Cities International $810.00 Invoice Date Description Amount 2484127 08/11/2022 Sister Cities International Membership $810.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $810.00 731086 09/16/2022 Open Accounts Payable Tennyson Electric Inc.$83,659.37 Invoice Date Description Amount 1220331 08/25/2022 Homestead Rd & N De Anza Blvd through 08312022 $83,659.37 Paying Fund Cash Account Amount Monday, September 19, 2022Pages: 10 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 220 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash) $83,659.37 731087 09/16/2022 Open Accounts Payable TransUnion Risk and Alternative $160.00 Invoice Date Description Amount 6110432-202208-1 09/01/2022 Tlo 08/01/2022 - 08/31/2022 $160.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $160.00 731088 09/16/2022 Open Accounts Payable TURF & INDUSTRIAL EQUIPMENT CO. $1,121.83 Invoice Date Description Amount IV43825 09/13/2022 Fleet - Air Filter, Clutch, Needle Cage, Oil Pump, Chain Hose $382.54 IV43876 09/13/2022 Fleet - Cutter Bar, Gasket, Chain Sproc, Needle Cage $739.29 Paying Fund Cash Account Amount 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $1,121.83 731089 09/16/2022 Open Accounts Payable United Site Services $281.05 Invoice Date Description Amount 114-13328763 08/30/2022 portable toilet at compost site August-September 2022 $281.05 Paying Fund Cash Account Amount 520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash) $281.05 731090 09/16/2022 Open Accounts Payable Wagstaffe, von Loewenfeldt, Busch & Radwick LLP $23,982.00 Invoice Date Description Amount 4111.2208 09/09/2022 Legal Services, August 2022 $23,982.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $23,982.00 731091 09/16/2022 Open Accounts Payable West-Lite Supply Company, Inc.$1,262.49 Invoice Date Description Amount 18825 07/22/2022 Facilities - Credit for Invoice# 85759H ($221.61) 85759H-1 07/21/2022 Facilities - 8" LED Rec Trim 3500K 120-277 $192.06 86080H 08/24/2022 Facilities - 8" LED Retro 4000K $1,292.04 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,262.49 731092 09/16/2022 Open Accounts Payable WHEELING PARK COMMISSION $2,195.30 Invoice Date Description Amount ROBF8114 08/11/2022 NRPA Supervisors' Management School $2,195.30 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,195.30 731093 09/16/2022 Open Accounts Payable Amarjit Gill $79.89 Invoice Date Description Amount Gill090722 09/07/2022 The customer doesn¶t need a business license.$79.89 Paying Fund Cash Account Amount Monday, September 19, 2022Pages: 11 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 221 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $79.89 731094 09/16/2022 Open Accounts Payable Bright Planet Solar $82.27 Invoice Date Description Amount BPS090822 09/08/2022 The applicant cancelled the application $82.27 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $82.27 731095 09/16/2022 Open Accounts Payable FLORA LU $5,000.00 Invoice Date Description Amount 279391 09/14/2022 REFUND 18600 RALYA CT BLD-2019-0736 TCO BOND $5,000.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $5,000.00 731096 09/16/2022 Open Accounts Payable Narasimhan, Geethakrishnan $500.00 Invoice Date Description Amount 2006480.030 09/01/2022 QCC- 8/27/22 - Cupertino Room Security Deposit Refund $500.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $500.00 731098 09/16/2022 Open Accounts Payable THOMAS JAMES HOMES $5,000.00 Invoice Date Description Amount 270129 12/14/2021 10742 Carver Dr., Encroachment, 270129 $5,000.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $5,000.00 731099 09/16/2022 Open Accounts Payable THOMAS JAMES HOMES $37,000.00 Invoice Date Description Amount 269874 12/14/2021 10206 Orange Ave,100%L&M Bond, 269874 $37,000.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $37,000.00 731100 09/16/2022 Open Accounts Payable Thomas James Homes $5,000.00 Invoice Date Description Amount 273534 04/21/2022 Refund for 10740 Gascoigne Dr, PW-2021-0137 $5,000.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $5,000.00 Type Check Totals:46 Transactions $549,305.38 EFT 35198 09/12/2022 Open Accounts Payable SQUARE, INC.$105.00 Invoice Date Description Amount SQUARE090222 09/02/2022 Square Team Plus 9/1/22-10/01/22 $105.00 Paying Fund Cash Account Amount Monday, September 19, 2022Pages: 12 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 222 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $105.00 35199 09/13/2022 Open Accounts Payable TASC $235.35 Invoice Date Description Amount IN2495688 09/11/2022 FSA - Administration Fees 9/1/22-9/30/22 $235.35 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $235.35 35200 09/13/2022 Open Accounts Payable TASC $594.58 Invoice Date Description Amount IN2495788 09/11/2022 HRA - Administration Fees 9/1/22-9/30/22 $594.58 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $594.58 35201 09/16/2022 Open Accounts Payable Colonial Life & Accident Insurance $29.16 Invoice Date Description Amount 09092022 09/09/2022 Colonial Products pp 8/27/22-9/9/22 $29.16 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $29.16 35202 09/16/2022 Open Accounts Payable Employment Development $10,415.46 Invoice Date Description Amount 09092022-2 09/09/2022 State Disability Insurance pp 8/27/22-9/9/22 $10,415.46 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $10,415.46 35203 09/16/2022 Open Accounts Payable National Deferred (ROTH)$2,790.66 Invoice Date Description Amount 09092022 09/09/2022 Nationwide Roth pp 8/27/22-9/9/22 $2,790.66 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,790.66 35204 09/16/2022 Open Accounts Payable National Deferred Compensatin $25,805.57 Invoice Date Description Amount 09092022 09/09/2022 Nationwide Deferred Compensation pp 8/27/22-9/9/22 $25,805.57 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $25,805.57 35205 09/16/2022 Open Accounts Payable PERS-457K $14,617.29 Invoice Date Description Amount 09092022 09/09/2022 PERS Deferred Comp pp 8/27/22-9/9/22 $14,617.29 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $14,617.29 35206 09/16/2022 Open Accounts Payable State Disbursement Unit $231.23 Invoice Date Description Amount 09092022 09/09/2022 Child Support pp 8/27/22-9/9/22 $231.23 Monday, September 19, 2022Pages: 13 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 223 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $231.23 35207 09/16/2022 Open Accounts Payable 4 PAWS GOOSE CONTROL $1,850.00 Invoice Date Description Amount 1751 09/05/2022 Grounds - Goose Control Services Aug 2022 $1,850.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,850.00 35208 09/16/2022 Open Accounts Payable Active Network, LLC $1,400.00 Invoice Date Description Amount 1014981 09/13/2022 2x Max Training - Service Package: Remote Refresher $1,400.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,400.00 35209 09/16/2022 Open Accounts Payable ADVANCED CHEMICAL TRANSPORT, INC. $2,883.34 Invoice Date Description Amount 430991 08/31/2022 Streets - Haz Mat Waste Collection $2,883.34 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,883.34 35210 09/16/2022 Open Accounts Payable AIR PRODUCTS GROUP INC $459.73 Invoice Date Description Amount 133228 09/12/2022 Facilities - Ice Machine Cleaner $459.73 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $367.80 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $91.93 35211 09/16/2022 Open Accounts Payable ALL CITY MANAGEMENT SERVICES $20,100.97 Invoice Date Description Amount 79068 08/24/2022 School Crossing Guard Services through 080722- 082022 $2,881.25 79435 09/07/2022 School Crossing Guard Services through 08212022- 09032022 $17,219.72 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $20,100.97 35212 09/16/2022 Open Accounts Payable Amazon Capital Services $255.51 Invoice Date Description Amount 1D4K-3FNX-MVP1 09/12/2022 1x Ear Bluetooth Earbuds - Adjustable Active Noise Cancellation $141.85 1D4K-3FNX-NVFN 09/12/2022 1x SAMSUNG Type-CTM USB Flash Drive 1 x Single Monitor Gas Sprin $113.66 Paying Fund Cash Account Amount Monday, September 19, 2022Pages: 14 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 224 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $255.51 35213 09/16/2022 Open Accounts Payable Amazon Web Services, Inc.$1,429.35 Invoice Date Description Amount 1121004593 09/02/2022 AWS - August 1 - August 31 , 2022 Applications $1,429.35 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,429.35 35214 09/16/2022 Open Accounts Payable American Beverage Equipment, Inc $6,256.64 Invoice Date Description Amount i100840 08/24/2022 Facilities - Ice Machine Installation $6,256.64 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $6,256.64 35215 09/16/2022 Open Accounts Payable ANDY BADAL $220.00 Invoice Date Description Amount AndyB09082022 09/08/2022 Andy Cell reimbursement 408-857-0630 - April 29 - Aug 28, 2022 $220.00 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $220.00 35216 09/16/2022 Open Accounts Payable Apolent Corporation $7,708.00 Invoice Date Description Amount CC220831 09/06/2022 Preeti Consulting Services 7/31 - 9/3, 2022 $7,708.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $7,708.00 35217 09/16/2022 Open Accounts Payable BECK'S SHOES INCORPORATED $1,143.10 Invoice Date Description Amount 258897-00 09/09/2022 Safety Apparel Boots - Kane Wolfe $400.00 258669-00 08/30/2022 Safety Apparel Boots - Shawn Tognetti, Robert Griffiths $743.10 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,143.10 35218 09/16/2022 Open Accounts Payable BKF Engineers $15,579.20 Invoice Date Description Amount 22090839 09/12/2022 Pumpkin-Fiesta Storm Drain Project though 062722- 082122 $15,579.20 Paying Fund Cash Account Amount 210 - Storm Drain Improvement 210 100-100 (Cash & Investments Assets Operating Cash) $15,579.20 35219 09/16/2022 Open Accounts Payable BOSCO OIL INC DBA VALLEY OIL $20,505.05 Invoice Date Description Amount 128411 09/08/2022 Fleet - Fuel $1,382.87 128609 09/12/2022 Fleet - Fuel $7,281.85 128610 09/12/2022 Fleet - Fuel $11,840.33 Paying Fund Cash Account Amount Monday, September 19, 2022Pages: 15 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 225 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $20,505.05 35220 09/16/2022 Open Accounts Payable BRIAN GATHERS $55.00 Invoice Date Description Amount BrianG090422 09/04/2022 Cell Phone Reimbursement - Brian G 8-5-22 to 9-4-22 $55.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $55.00 35221 09/16/2022 Open Accounts Payable Community Health Charities HO $50.00 Invoice Date Description Amount 09092022 09/09/2022 Community Health Charities pp 8/27/22-9/9/22 $50.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $50.00 35222 09/16/2022 Open Accounts Payable CSG Consultants, Inc.$36,970.00 Invoice Date Description Amount 45879 09/06/2022 Regnart Creek Fencing Phase 2 through 08262022 $11,810.00 45881 09/06/2022 Homestead Re./N. De Anza Blvd. through 08262022 $7,190.00 45880 09/06/2022 Memorial Park Ponds Repurposing through 08262022 $17,970.00 Paying Fund Cash Account Amount 270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash) $7,190.00 280 - Park Dedication 280 100-100 (Cash & Investments Assets Operating Cash) $17,970.00 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $11,810.00 35223 09/16/2022 Open Accounts Payable Cupertino Supply, Inc $199.16 Invoice Date Description Amount 300041 09/06/2022 Grounds - PVC Pipe, 1-1/4x1 PVC, 2x1 PVC $29.58 300246 09/08/2022 Facilities - Wall Hung Flushometer Toilet $169.58 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $199.16 35224 09/16/2022 Open Accounts Payable Cyxtera Communications, LLC $1,179.51 Invoice Date Description Amount B1-2293194 09/01/2022 FY23 Colocation Services - October 2022 $1,179.51 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $1,179.51 35225 09/16/2022 Open Accounts Payable Dasher Technologies, Inc.$1,030.00 Invoice Date Description Amount PSI-DSH01582 08/31/2022 FY23 Infrastructure Consulting Services - August 2022 $1,030.00 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $1,030.00 35226 09/16/2022 Open Accounts Payable EDGES ELECTRICAL GROUP $264.91 Invoice Date Description Amount S5663614.001 09/08/2022 Trees/ROW - SCR CVR Encl $109.76 Monday, September 19, 2022Pages: 16 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 226 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference S5663640.001 09/08/2022 Trees/ROW - Ideal 42-201 3-IN Red Elec Buried $155.15 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $264.91 35227 09/16/2022 Open Accounts Payable Eflex Group, Inc $3,403.61 Invoice Date Description Amount 09092022 09/09/2022 FSA Employee Health pp 8/27/22-9/9/22 $3,403.61 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $3,403.61 35228 09/16/2022 Open Accounts Payable GEOTAB USA, INC.$2,637.50 Invoice Date Description Amount IN316852 08/31/2022 Telematics Project - ProPlus Plan, Support Aug. 2022 $2,637.50 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $2,637.50 35229 09/16/2022 Open Accounts Payable GONG CHA USA $959.20 Invoice Date Description Amount 002 09/14/2022 Bobateeno - Gong Cha Tea 2 $959.20 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $959.20 35230 09/16/2022 Open Accounts Payable GOT POWER, INC. DBA CD & POWER, INC $6,835.00 Invoice Date Description Amount 01-63101 08/24/2022 Fleet - Annual Service Unit 66KW G85 Wacker $2,040.00 01-63089 08/24/2022 Fleet - Annual Service125KW MQ $2,095.00 01-63714 09/07/2022 Facilities - City Hall 125KW Cummins Inspection $1,210.00 01-63090 08/24/2022 Facilities - 250KW Annual Service $1,490.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $6,835.00 35231 09/16/2022 Open Accounts Payable GRAINGER INC $225.23 Invoice Date Description Amount 9429575211 08/31/2022 Streets - Credit for Invoice 9421868333 ($9.76) 9439204539 09/08/2022 Facilities - Fuse Class RK5, 30A $195.90 9440084946 09/09/2022 Facilities - Fuse Class RK5, 30A $39.09 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) ($9.76) 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $234.99 35232 09/16/2022 Open Accounts Payable Health Care Employees $29,832.30 Invoice Date Description Amount 318923-318925 09/07/2022 September 2022 Dental Benefit $29,832.30 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $29,832.30 Monday, September 19, 2022Pages: 17 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 227 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 35233 09/16/2022 Open Accounts Payable ICMA Retirement Trust-457 $15,902.07 Invoice Date Description Amount 09092022 09/09/2022 ICMA Deferred Comp pp 8/27/22-9/9/22 $15,902.07 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $15,902.07 35234 09/16/2022 Open Accounts Payable IFPTE LOCAL 21 $2,309.37 Invoice Date Description Amount 09092022 09/09/2022 Association Dues - CEA pp 8/27/22-9/9/22 $2,309.37 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,309.37 35235 09/16/2022 Open Accounts Payable IMPEC GROUP INC,.$92,439.47 Invoice Date Description Amount 2208127 08/31/2022 Facilities - Aug 2022 Janitorial Services $91,679.06 2208133 08/31/2022 Faciliites - Aug 2022 Linda Vista Trail Gate $760.41 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $82,803.61 560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash) $1,267.41 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $8,368.45 35236 09/16/2022 Open Accounts Payable Imperial Sprinkler Supply. Inc $583.86 Invoice Date Description Amount 5247179-00 08/25/2022 Trees/ROW - 1" Brass Tee Type Sensor $583.86 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $583.86 35237 09/16/2022 Open Accounts Payable Interstate Traffic Control Products, Inc. $365.97 Invoice Date Description Amount 252677 09/07/2022 Streets - Paint Red Curb, Stencil Guard $365.97 Paying Fund Cash Account Amount 270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash) $365.97 35238 09/16/2022 Open Accounts Payable JAM Services, Inc $4,785.14 Invoice Date Description Amount 161037 09/08/2022 Streets - 6' Wood Pole Arm (Bolt On Style)$965.76 160753 08/30/2022 Streets - 6390LL-BK Photocell $3,819.38 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $4,785.14 35239 09/16/2022 Open Accounts Payable KIMBALL-MIDWEST $536.04 Invoice Date Description Amount 100275499 09/08/2022 Streets - Ult Promax Safety Red, White Inverted Marking, FLM 10 $536.04 Paying Fund Cash Account Amount Monday, September 19, 2022Pages: 18 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 228 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $536.04 35240 09/16/2022 Open Accounts Payable KIMLEY-HORN AND ASSOCIATES, INC. $7,450.00 Invoice Date Description Amount 22199896 08/17/2022 De Anza McClellan Upgrade through 07312022 $7,450.00 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $7,450.00 35241 09/16/2022 Open Accounts Payable Life Insurance Company of North America $8,605.52 Invoice Date Description Amount 15487_090122 09/09/2022 September 2022 CIGNA $8,605.52 Paying Fund Cash Account Amount 641 - Compensated Absence/LTD 641 100-100 (Cash & Investments Assets Operating Cash) $8,605.52 35242 09/16/2022 Open Accounts Payable Lighthouse Services, LLC $1,835.00 Invoice Date Description Amount 39189 09/06/2022 FWA - Compliance Hotline Annual Fee 9/1/22-8/31/23 $1,835.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,835.00 35243 09/16/2022 Open Accounts Payable Managed Health Network Inc $822.14 Invoice Date Description Amount PRM-074463 08/17/2022 September 2022 EAP BENEFIT $822.14 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $822.14 35244 09/16/2022 Open Accounts Payable Mesiti-Miller Engineering, Inc.$3,636.90 Invoice Date Description Amount 0822044 08/31/2022 Wilson Park Basketball Court through 08252022 $1,836.90 0822045 08/31/2022 Wilson Park Basketball Lime Treatment Alternative through 082522 $1,800.00 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $3,636.90 35245 09/16/2022 Open Accounts Payable Moore Lacofano Goltsman, Inc.$1,395.00 Invoice Date Description Amount 0076905 09/07/2022 I-280 Trail SO#1 through 08012022-08312022 $1,395.00 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $1,395.00 35246 09/16/2022 Open Accounts Payable Nomad Transit LLC $78,518.13 Invoice Date Description Amount INV001-5869 08/31/2022 Via Cupertino Shuttle for August 2022 $78,518.13 Paying Fund Cash Account Amount Monday, September 19, 2022Pages: 19 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 229 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $78,518.13 35247 09/16/2022 Open Accounts Payable PACIFIC OFFICE AUTOMATION, INC $612.53 Invoice Date Description Amount 377777 08/29/2022 Quarterly Maint. & Support for 15 mfp 5/20 - 8/20, 2022 $612.53 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $612.53 35248 09/16/2022 Open Accounts Payable PARS/City of Cupertino $3,191.48 Invoice Date Description Amount 09092022 09/09/2022 PARS Employee pp 8/27/22-9/9/22 $3,191.48 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $3,191.48 35249 09/16/2022 Open Accounts Payable Pay Pal Inc VPS $19.95 Invoice Date Description Amount 124329380 08/31/2022 VSV0003096477 cupertinoweb4 01-Aug-22 to 31-Aug- 22 $19.95 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $19.95 35250 09/16/2022 Open Accounts Payable QUADIENT FINANCE USA, INC,$4,000.00 Invoice Date Description Amount 8702-090422 09/04/2022 Postage -Cupertino00000011297245 $4,000.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $4,000.00 35251 09/16/2022 Open Accounts Payable Red Wing Business Advantage Account $8,020.60 Invoice Date Description Amount 20220910074592 09/10/2022 OE3 Boots: 17 staff members (see inv for names)$6,786.42 20220810074592 08/10/2022 OE3 Boots: Kyle Garcia purchase and return $40.45 20220710074592 07/10/2022 OE3 Boots: Kyle, Diego, James $1,193.73 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $8,020.60 35252 09/16/2022 Open Accounts Payable Robert Half $3,589.09 Invoice Date Description Amount 60655976 09/05/2022 Osman, Luam for Week-Ended 09/02/2022 $1,992.61 60722167 09/14/2022 Osman, Luam for Week-Ended 09/09/2022 $1,596.48 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $3,589.09 35253 09/16/2022 Open Accounts Payable SABRO Communications, Inc.$20,165.00 Invoice Date Description Amount 2488-C 08/11/2022 Data Cabling City Hall - City Facilities Video Capture $4,575.00 Monday, September 19, 2022Pages: 20 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 230 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 2482-C 07/21/2022 Cabling at Quinlan CC - installing cameras & projector Cat-6 cab $6,770.00 2483-C 07/21/2022 Cabling at Sports Center for Video Camera Capture Project $8,820.00 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $20,165.00 35254 09/16/2022 Open Accounts Payable Safety Compliance Management, Inc.$695.00 Invoice Date Description Amount 5761 09/12/2022 Service Center - First Responder Awareness Training $695.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $695.00 35255 09/16/2022 Open Accounts Payable SHUTE, MIHALY & WEINBERGER LLP $6,527.92 Invoice Date Description Amount 278365 09/13/2022 Legal Services, August 2022 $6,527.92 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $6,527.92 35256 09/16/2022 Open Accounts Payable SONITROL/PACIFIC WEST SECURITY, INC. $195.00 Invoice Date Description Amount 64549 08/29/2022 Facilities - Library Removed Strobe Horn in Reading Room $195.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $195.00 35257 09/16/2022 Open Accounts Payable Starbird Consulting LLC $2,632.50 Invoice Date Description Amount 0195 09/12/2022 Environ. Con. Svcs. 21801 SCB through 09122022 $2,632.50 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,632.50 35258 09/16/2022 Open Accounts Payable SUNNYVALE FORD $29.18 Invoice Date Description Amount 209650 09/08/2022 Fleet - Gasket 1 HV $29.18 Paying Fund Cash Account Amount 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $29.18 35259 09/16/2022 Open Accounts Payable Tenji, Inc.$5,273.29 Invoice Date Description Amount 3774 08/30/2022 Facilities - June & July 2022 Aquarium Maint.$5,273.29 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $5,273.29 Monday, September 19, 2022Pages: 21 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 231 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 35260 09/16/2022 Open Accounts Payable THE HARTFORD $11,994.15 Invoice Date Description Amount 656346492024 09/09/2022 September 2022 Life and AD&D Benefit $11,755.20 756346428441 09/09/2022 September 2022 $238.95 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $11,994.15 35261 09/16/2022 Open Accounts Payable Tripepi, Smith and Associates, Inc $5,068.75 Invoice Date Description Amount 8626 08/31/2022 Budget at a Glance and The Scene $5,068.75 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $5,068.75 35262 09/16/2022 Open Accounts Payable US BANK $63,729.02 Invoice Date Description Amount SelbyM081522 08/15/2022 1711 CC Charges $7.50 KennethE081522 08/15/2022 5954 CC Charges $1,170.54 JindyG081522 08/15/2022 0175 cc charges $463.29 KimL08152022 08/15/2022 5169 CC Charges $33.39 CesarG081522 08/15/2022 9076 CC Charges $410.08 IkaP081522 08/15/2022 8108 CC Charges $42.49 AndrewS081522 08/15/2022 9993 CC Charges $558.55 KevinG081522 08/15/2022 5856 CC Charges $1,223.28 mariahg081522 08/15/2022 7882 CC CHARGES $837.71 TyB081522 08/15/2022 7739 CC Charges $9,540.93 ReiD081522 08/15/2022 1409CC Charges $793.09 BradA081522 08/15/2022 6013 cc charges $650.00 JerryA081522 08/15/2022 8636 cc charges $740.00 BrianG081522 08/15/2022 6202 CC Charges $738.80 RicardoA81522 08/15/2022 9906 CC Charges $1,547.33 SundariP081522 08/15/2022 9702 CC Charges $5,154.80 RobertG81522 08/15/2022 6980 CC Charges $1,399.32 RudyL081522 08/15/2022 8736 CC Charges $214.37 RSander081522 08/15/2022 4371 CC Charges $12.99 KrisG081522 08/15/2022 9146 CC Charges $2,568.75 JennyK081522 08/15/2022 8829 CC Charges $42.22 LaurenS081522 08/15/2022 0578 CC Charges $168.41 MelissaR081522 08/15/2022 0572 CC Charges $866.15 ChristL081522 08/15/2022 7456 CC Charges $39.25 CyrahC081522 08/15/2022 0363 CC Charges $653.00 DiegoZ081522 08/15/2022 8626 CC Charges $1,807.60 AraceliA081522 08/15/2022 0722 CC Charges $1,425.00 SonyaL081522 08/15/2022 8808 CC Charges $690.89 AlexC08152022 08/15/2022 5300 CC Charges $399.10 KavithaA081522 08/15/2022 7567 CC Charges $2,795.20 ColleenF081522 08/15/2022 0798 cc charges $280.42 JANETL081522 08/15/2022 9949 CC Charges $6,398.67 DanielM081522 08/15/2022 9167 CC Charges for 8.15.22 $415.20 JasonB081522 08/15/2022 3965 CC Charges $154.51 Monday, September 19, 2022Pages: 22 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 232 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference DebraNCC081522 08/15/2022 1090 CC Charges $2,108.42 Branton081522 08/15/2022 5320 CC Charges $1,560.33 MarilynP08152022 08/15/2022 6763 CC Charges $3,049.29 BennyH08152022 08/15/2022 1015 CC Charges $2,701.40 KarenL081522 08/15/2022 9612CCCharges $833.85 JonF081522 08/15/2022 3969 cc charges $743.43 ShawnT081522 08/15/2022 7105 cc charges $1,707.93 RandyV081522 08/15/2022 9138 CC Charges $182.93 RobertK081522 08/15/2022 7858 CC Charges $808.26 RobertD081522 08/15/2022 6680 CC Charges $287.00 AmandaH81522 08/15/2022 9326 CC Charges $703.56 UrsulaS08152022 08/15/2022 4246 CC Charges August 2022 $4,799.79 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $48,688.40 230 - Env Mgmt Cln Crk Strm Drain 230 100-100 (Cash & Investments Assets Operating Cash) $2,919.44 265 - BMR Housing 265 100-100 (Cash & Investments Assets Operating Cash) $9.95 270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash) $57.75 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $15.00 520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash) $2,530.35 560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash) $381.22 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $280.42 580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash) $932.73 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $6,386.44 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $1,527.32 35263 09/16/2022 Open Accounts Payable Vision Service Plan (CA)$4,332.50 Invoice Date Description Amount 815885455 08/19/2022 September 2022 Vision Benefit $2,434.66 815885465 08/19/2022 September 2022 Vision Benefit $1,015.48 815897569 08/21/2022 September 2022 Vision Benefit $882.36 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $4,332.50 35264 09/16/2022 Open Accounts Payable ZAYO GROUP, LLC $2,701.01 Invoice Date Description Amount 2022090030583 09/01/2022 FY23 Disaster Recovery Telecom services Sept. 2022 $2,701.01 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $2,701.01 Monday, September 19, 2022Pages: 23 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 233 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Type EFT Totals:67 Transactions $580,218.19 Main Account - Main Checking Account Totals Checks Status Count Transaction Amount Reconciled Amount Open 46 $549,305.38 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Stopped 0 $0.00 $0.00 Total 46 $549,305.38 $0.00 EFTs Status Count Transaction Amount Reconciled Amount Open 67 $580,218.19 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Total 67 $580,218.19 $0.00 All Status Count Transaction Amount Reconciled Amount Open 113 $1,129,523.57 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Stopped 0 $0.00 $0.00 Total 113 $1,129,523.57 $0.00 Grand Totals: Checks Status Count Transaction Amount Reconciled Amount Open 46 $549,305.38 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Stopped 0 $0.00 $0.00 Total 46 $549,305.38 $0.00 EFTs Status Count Transaction Amount Reconciled Amount Open 67 $580,218.19 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Total 67 $580,218.19 $0.00 All Status Count Transaction Amount Reconciled Amount Open 113 $1,129,523.57 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Stopped 0 $0.00 $0.00 Total 113 $1,129,523.57 $0.00 Monday, September 19, 2022Pages: 24 of 24user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/10/2022 - To Payment Date: 9/16/2022 234 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Main Account - Main Checking Account Check 731101 09/23/2022 Open Accounts Payable Advantage Grafix $7,471.53 Invoice Date Description Amount 46921 09/16/2022 FY22-23 Budget at a glance (BAAG) $398.95 46923 09/16/2022 FY22-23 Budget Book $3,504.55 46918 09/16/2022 Annual garage sale map printing 2022 $294.18 46917 09/16/2022 Invoice for Drought Postcards $454.07 46913 09/16/2022 PW City Hall-Memorial Park Sp. Plan Ayano $747.77 46925 09/16/2022 PW CH SR2S - SC Street Banner $2,072.01 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $6,429.58 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $747.77 520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash) $294.18 731102 09/23/2022 Open Accounts Payable Alta Planning + Design, Inc.$1,995.75 Invoice Date Description Amount 00-2022-124-2 09/14/2022 Cupertino, CA Suggested Route Maps through 08312022 $1,995.75 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,995.75 731103 09/23/2022 Open Accounts Payable AT&T $2,067.00 Invoice Date Description Amount 000018742576 09/10/2022 9391051384 8/10/22-9/9/22 $1,611.33 000018755301 09/12/2022 9391023221 (408-253-9200) 8/12/22-9/11/22 $58.26 000018755303 09/12/2022 9391023223 8/12/22-9/11/22 $80.82 000018755397 09/12/2022 9391023218 (238-371-7141) 8/12/22-9/11/22 $68.96 000018755398 09/12/2022 9391023217 (237-361-8095) 8/12/22-9/11/22 $87.54 000018755399 09/12/2022 9391023216 (233-281-5494) 8/12/22-9/11/22 $70.54 000018755400 09/12/2022 9391023215 (233-281-4421) 8/12/22-9/11/22 $89.55 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,947.25 560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash) $58.26 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $61.49 731104 09/23/2022 Open Accounts Payable Bay Area Self Storage - Cupertino $678.00 Invoice Date Description Amount 12151 09/16/2022 Facilities - Oct 2022 Storage Rental Fees $678.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $678.00 731105 09/23/2022 Open Accounts Payable CCMF $400.00 Invoice Date Description Amount 2984 07/20/2022 CCMF General Membership Pamela Wu $400.00 Monday, September 26, 2022Pages: 1 of 17user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/17/2022 - To Payment Date: 9/23/2022 235 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $400.00 731106 09/23/2022 Open Accounts Payable CENTURYLINK $38.16 Invoice Date Description Amount 09072022 09/07/2022 CenturyLink Phone Services ±September 2022 $38.16 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $38.16 731107 09/23/2022 Open Accounts Payable COMCAST $2,213.46 Invoice Date Description Amount 3310 - 090722 09/07/2022 8155 40 065 0183310 - 090722 $2,213.46 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $249.48 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $737.47 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $1,226.51 731108 09/23/2022 Open Accounts Payable COMMUNITY CLIMATE SOLUTIONS $6,000.00 Invoice Date Description Amount 340 08/24/2022 FY23 CCS Sustainability Engagement Platform $6,000.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $6,000.00 731109 09/23/2022 Open Accounts Payable CPRS $555.00 Invoice Date Description Amount 09022022 09/02/2022 CPRS Agency Membership Dues FY 23 $555.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $555.00 731110 09/23/2022 Open Accounts Payable DEPARTMENT OF JUSTICE $96.00 Invoice Date Description Amount 601547 09/06/2022 Fingerprint Apps Aug 2022 $96.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $96.00 731111 09/23/2022 Open Accounts Payable DONE RIGHT, INC.$600.00 Invoice Date Description Amount 7030-rev 09/10/2022 City Hall Facia Repair, 9/10/22 billing $600.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $600.00 731112 09/23/2022 Open Accounts Payable FEDEX $24.92 Invoice Date Description Amount 7-878-01938 09/09/2022 FEDEX- PW Service Ctr Shipping $24.92 Paying Fund Cash Account Amount Monday, September 26, 2022Pages: 2 of 17user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/17/2022 - To Payment Date: 9/23/2022 236 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $24.92 731113 09/23/2022 Open Accounts Payable First Vanguard Rentals & Sales, Inc.$17,420.00 Invoice Date Description Amount 1-503835 07/08/2022 Facilities - Medium Metro Matrix Display $17,420.00 Paying Fund Cash Account Amount 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $17,420.00 731114 09/23/2022 Open Accounts Payable Freyer & Laureta, Inc.$3,050.00 Invoice Date Description Amount 22-490 09/13/2022 Memorial Park Pond Removal through 080122-083122 $3,050.00 Paying Fund Cash Account Amount 280 - Park Dedication 280 100-100 (Cash & Investments Assets Operating Cash) $3,050.00 731115 09/23/2022 Open Accounts Payable Hexagon Transportation Consultants, Inc. $5,895.00 Invoice Date Description Amount 15927 09/14/2022 TIF Peer Review $5,895.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $5,895.00 731116 09/23/2022 Open Accounts Payable Intermountain Slurry Seal, Inc.$44,614.84 Invoice Date Description Amount 2306272 08/25/2022 Cupertino 2021 PMP Various Locations through 08252022 $44,614.84 Paying Fund Cash Account Amount 270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash) $23,855.71 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $20,759.13 731117 09/23/2022 Open Accounts Payable JOHN THOMPSON TREE EXPERT $9,500.00 Invoice Date Description Amount 9-19-22 09/19/2022 tree work at BBF golf course $9,500.00 Paying Fund Cash Account Amount 560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash) $9,500.00 731118 09/23/2022 Open Accounts Payable Kitchell CEM $4,000.00 Invoice Date Description Amount 107995 09/15/2022 Citywide FCA Phase 2 though 080122-083122 $4,000.00 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $4,000.00 731119 09/23/2022 Open Accounts Payable Language Network, Inc $693.55 Invoice Date Description Amount P3310 09/14/2022 PW City Hall - Memorial Park Specific Plan Ayano $693.55 Paying Fund Cash Account Amount Monday, September 26, 2022Pages: 3 of 17user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/17/2022 - To Payment Date: 9/23/2022 237 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $693.55 731120 09/23/2022 Open Accounts Payable Medina's Catering $1,782.95 Invoice Date Description Amount 053-1 09/21/2022 2022 Wellness Fair - lunch invoice remainder $1,782.95 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,782.95 731121 09/23/2022 Open Accounts Payable Mountain View Garden Center $130.84 Invoice Date Description Amount 111053 08/30/2022 Trees/ROW - Fill Sand $130.84 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $130.84 731122 09/23/2022 Open Accounts Payable PG&E $11.80 Invoice Date Description Amount 0322-091422 09/14/2022 5849279032-2 8/9/22-9/7/22 $11.80 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $11.80 731123 09/23/2022 Open Accounts Payable PILOT ROCK $4,815.04 Invoice Date Description Amount 256913 09/13/2022 Grounds - Lid Dome Plastic 24" Brn/Door for TRH- 32&55 $4,815.04 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $4,815.04 731124 09/23/2022 Open Accounts Payable PTS COMMUNICATIONS $543.00 Invoice Date Description Amount 2093355 09/08/2022 payphone svcs 10/1/22-10/31/22 $543.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $482.66 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $60.34 731125 09/23/2022 Open Accounts Payable SANCRA Southern Division $180.00 Invoice Date Description Amount 1307 09/16/2022 SANCRA membership registration $90.00 1314 09/20/2022 SANCRA softball team registration $90.00 Paying Fund Cash Account Amount 580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash) $180.00 731126 09/23/2022 Open Accounts Payable SIERRA PACIFIC TURF SUPPLY, INC. $19,531.65 Invoice Date Description Amount 0628482-IN 09/19/2022 Grounds - Sierra Supreme, Arena .25G, Dry Tank Cleaner, Whacker $15,129.19 0626241-IN 08/09/2022 Grounds - Gopher Trap, 25-3-10 70% XCU $4,402.46 Monday, September 26, 2022Pages: 4 of 17user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/17/2022 - To Payment Date: 9/23/2022 238 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $19,531.65 731127 09/23/2022 Open Accounts Payable SSB EDUCATION LLC $11,532.00 Invoice Date Description Amount ENG4KID_SUM22-2 09/13/2022 ENG4KIDS_SUMMER22-2_JUL-AUG $11,532.00 Paying Fund Cash Account Amount 580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash) $11,532.00 731128 09/23/2022 Open Accounts Payable TURF & INDUSTRIAL EQUIPMENT CO. $54.86 Invoice Date Description Amount IV44167 09/13/2022 Grounds - Bar and Chain $54.86 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $54.86 731129 09/23/2022 Open Accounts Payable United Site Services $1,068.56 Invoice Date Description Amount INV-00902835 08/11/2022 Trees/ROW - SWP 8-1 to 8-28-22 $492.78 INV-00959861 08/29/2022 Trees/ROW - SWP Exchange and 8-29 to 9-25-22 $575.78 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,068.56 731130 09/23/2022 Open Accounts Payable VERIZON WIRELESS $6,806.31 Invoice Date Description Amount 9915014797-0 09/04/2022 408-202-5384 / Travis Warner $38.01 9915014797-1 09/04/2022 408-204-3449 / Rei Delgado $38.01 9915014797-2 09/04/2022 408-204-5990 / Diego Rodriguez $32.00 9915014797-3 09/04/2022 408-204-9056 / Joseph Herrera $38.01 9915014797-4 09/04/2022 408-205-3349 / Rafael (Senior Center)$29.21 9915014797-5 09/04/2022 408-205-4541 / Iqraam Nabi $38.01 9915014797-6 09/04/2022 408-205-4849 / Brandon Martinez $38.01 9915014797-7 09/04/2022 408-205-5866 / Ricardo Acevedo $38.01 9915014797-8 09/04/2022 408-205-6589 / Street Lights $40.01 9915014797-9 09/04/2022 408-206-0538 / Quinton Adams $51.75 9915014797-10 09/04/2022 408-206-7434 / Albert Salvador $59.79 9915014797-11 09/04/2022 408-206-7512 / Fleet/Mechanic Shop $38.01 9915014797-12 09/04/2022 408-209-3255 / Quinton Adams $38.01 9915014797-13 09/04/2022 408-234-0189 / It Dept Mi-Fi $38.01 9915014797-14 09/04/2022 408-234-0978 / Infrastructure Department $38.01 9915014797-15 09/04/2022 408-234-1270 / J. Medians Crew 1 $38.01 9915014797-16 09/04/2022 408-234-4724 / Building Attendants Quinlan $26.28 9915014797-17 09/04/2022 408-309-0340 / Piu Ghosh $33.42 9915014797-18 09/04/2022 408-309-2536 / Ursula Syrova $37.61 9915014797-19 09/04/2022 408-309-2693 / Paul Tognetti $38.01 9915014797-20 09/04/2022 408-309-6398 / Lisa Cameli $51.59 9915014797-21 09/04/2022 408-309-7042 / Kristina Alfaro $25.39 9915014797-22 09/04/2022 408-309-7640 / Bob Sabich $37.28 9915014797-23 09/04/2022 408-309-8401 / Paul Sapudar $38.01 Monday, September 26, 2022Pages: 5 of 17user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/17/2022 - To Payment Date: 9/23/2022 239 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 9915014797-24 09/04/2022 408-309-9252 / Antonio Torrez $32.34 9915014797-25 09/04/2022 408-313-0045 / Roberto Montez $38.01 9915014797-26 09/04/2022 408-313-1148 / Toan Quach $51.59 9915014797-27 09/04/2022 408-313-3558 / Street Tree Maintenance #3 $38.01 9915014797-28 09/04/2022 408-313-4364 / Street Tree Maintenance #4 $38.01 9915014797-29 09/04/2022 408-313-5321 / Aaron Saiz $38.01 9915014797-30 09/04/2022 408-313-6943 / Victor Espinoza $38.01 9915014797-31 09/04/2022 408-314-4452 / Shawn Tognetti $29.14 9915014797-32 09/04/2022 408-314-6637 / Phuong Devries $31.07 9915014797-33 09/04/2022 408-314-9200 / Victoria Morin $38.01 9915014797-34 09/04/2022 408-315-3044 / Jonathan Ferrante $40.32 9915014797-35 09/04/2022 408-315-6764 / Rachelle Sander Mifi $38.01 9915014797-36 09/04/2022 408-315-8165 / Brian Gathers $38.01 9915014797-37 09/04/2022 408-316-1283 / Bill Mitchell $38.01 9915014797-38 09/04/2022 408-316-2067 / Paul O Sullivan $29.35 9915014797-39 09/04/2022 408-316-6770 / Ayano Hattori $51.59 9915014797-40 09/04/2022 408-316-7320 / Marvin Aguilar $38.01 9915014797-41 09/04/2022 408-318-0344 / Michael Woo $34.69 9915014797-42 09/04/2022 408-318-1652 / Esther Kwon $51.59 9915014797-43 09/04/2022 408-318-2012 / Kane Wolfe $38.01 9915014797-44 09/04/2022 408-318-3663 / Pamela Wu $41.59 9915014797-45 09/04/2022 408-318-7365 / Bob Sabich $38.01 9915014797-46 09/04/2022 408-318-8726 / Diego Rodriguez $38.01 9915014797-47 09/04/2022 408-334-4885 / Michael Kimball $38.01 9915014797-48 09/04/2022 408-334-9082 / Sean Hatch $43.11 9915014797-49 09/04/2022 408-340-3184 / Peter Coglianese $38.01 9915014797-50 09/04/2022 408-340-8060 / Nidhi Mathur $38.01 9915014797-51 09/04/2022 408-340-8128 / Lori Baumgartner $38.01 9915014797-52 09/04/2022 408-340-8564 / Portal Park $38.01 9915014797-53 09/04/2022 408-340-8648 / Chad Mosley $38.01 9915014797-54 09/04/2022 408-345-1639 / Sonya Lee $37.59 9915014797-55 09/04/2022 408-440-7136 / Andy Badal $38.01 9915014797-56 09/04/2022 408-460-1821 / Ty Bloomquist $82.01 9915014797-57 09/04/2022 408-466-4450 / Toc Oncall $38.01 9915014797-58 09/04/2022 408-466-4906 / K. Housing Planner $38.01 9915014797-59 09/04/2022 408-472-1568 / David Stillman $51.59 9915014797-60 09/04/2022 408-472-6522 / Rodney Weathers $38.01 9915014797-61 09/04/2022 408-472-6541 / John Raaymakers $38.01 9915014797-62 09/04/2022 408-472-7011 / Ty Bloomquist $38.01 9915014797-63 09/04/2022 408-472-7295 / Antonio Torrez $38.01 9915014797-64 09/04/2022 408-472-7857 / Paul O'sullivan $38.01 9915014797-65 09/04/2022 408-472-7927 / Bill Mitchell $38.01 9915014797-66 09/04/2022 408-472-9907 / Manuel Barragan $51.75 9915014797-67 09/04/2022 408-478-1999 / James Lee $47.73 9915014797-68 09/04/2022 408-482-5991 / Benjamin Fu $38.01 9915014797-69 09/04/2022 408-482-6096 / Monica Diaz $38.01 9915014797-70 09/04/2022 408-482-7747 / Matt Morley $51.59 9915014797-71 09/04/2022 408-483-3215 / Teri Gerhardt $38.01 9915014797-72 09/04/2022 408-483-5672 / M. Jonathan Ferrante $38.01 9915014797-73 09/04/2022 408-483-7859 / Shawn Tognetti $38.01 Monday, September 26, 2022Pages: 6 of 17user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/17/2022 - To Payment Date: 9/23/2022 240 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 9915014797-74 09/04/2022 408-483-7997 / James Lee Ipad $38.01 9915014797-75 09/04/2022 408-483-9976 / On-Call Service Center $41.01 9915014797-76 09/04/2022 408-489-2932 / Ross Slaney $38.01 9915014797-77 09/04/2022 408-489-3224 / Dianne Thompson $59.89 9915014797-78 09/04/2022 408-489-4395 / Beth Viajar $36.69 9915014797-79 09/04/2022 408-489-8336 / Cyrah Caburian $38.01 9915014797-80 09/04/2022 408-489-9309 / Jonathan Ferrante $38.01 9915014797-81 09/04/2022 408-489-9310 / Kevin Rieden $38.01 9915014797-82 09/04/2022 408-493-3534 / J. Median Crew 2 $38.01 9915014797-83 09/04/2022 408-493-3543 / Frank Villa $51.75 9915014797-84 09/04/2022 408-495-9234 / Thomas Chin $41.05 9915014797-85 09/04/2022 408-495-9873 / Marvin Aguilar $41.42 9915014797-86 09/04/2022 408-497-3691 / Sean Filbeck $38.01 9915014797-87 09/04/2022 408-497-4686 / Miles D'salmon $38.01 9915014797-88 09/04/2022 408-497-4862 / Jeff Trybus $38.01 9915014797-90 09/04/2022 408-510-0622 / Susan Michael $51.59 9915014797-91 09/04/2022 408-510-9158 / Winnie Pagan $38.01 9915014797-92 09/04/2022 408-515-2301 / Vanessa Guerra $25.92 9915014797-93 09/04/2022 408-515-9208 / Debra Nascimento $50.00 9915014797-94 09/04/2022 408-515-9374 / Jimmy Tan $41.89 9915014797-95 09/04/2022 408-529-8879 / Michael Miranda $51.59 9915014797-96 09/04/2022 408-540-8405 / Rodney Weathers $27.64 9915014797-97 09/04/2022 408-568-3911 / Jonathan Ferrante Wwp $38.01 9915014797-98 09/04/2022 408-568-6465 / Cyrah Caburian $38.01 9915014797-99 09/04/2022 408-599-4937 / Steven Hirsch $38.01 9915014797-100 09/04/2022 408-599-8584 / Janet Liang $51.59 9915014797-101 09/04/2022 408-605-2546 / Jerry Anderson $38.01 9915014797-102 09/04/2022 408-605-3078 / Quinton Mifi 1 $38.01 9915014797-103 09/04/2022 408-605-3905 / Andrew Schmitt Mifi 2 $38.01 9915014797-104 09/04/2022 408-609-2453 / Amanda Hui $27.45 9915014797-105 09/04/2022 408-609-2803 / Kevin Simons $38.01 9915014797-106 09/04/2022 408-609-2948 / Brian Policriti $38.01 9915014797-107 09/04/2022 408-609-4188 / Alfredo Alegria $38.01 9915014797-108 09/04/2022 408-609-4367 / Brandon Morales $38.01 9915014797-109 09/04/2022 408-609-8711 / Ralph Aquinaga $38.01 9915014797-110 09/04/2022 408-609-8796 / Frank Villa $38.01 9915014797-111 09/04/2022 408-609-8826 / Domingo Santos $38.01 9915014797-112 09/04/2022 408-610-0601 / Paul Tognetti $51.59 9915014797-113 09/04/2022 408-614-4001 / Nathan Vasquez $515.41 9915014797-114 09/04/2022 408-628-8745 / Fernando Jimenez $38.01 9915014797-115 09/04/2022 408-630-0674 / Christopher Jensen $51.59 9915014797-116 09/04/2022 408-630-0900 / Adrian Melendez $38.01 9915014797-117 09/04/2022 408-630-1388 / Monica Diaz $51.59 9915014797-118 09/04/2022 408-642-4263 / Alex Wykoff $38.01 9915014797-119 09/04/2022 408-642-4504 / Kevin Green $38.01 9915014797-120 09/04/2022 408-655-8680 / Jeff Trybus $51.59 9915014797-121 09/04/2022 408-655-8685 / Alex Wykoff $28.87 9915014797-122 09/04/2022 408-687-5821 / Jonathan Williams $38.01 9915014797-123 09/04/2022 408-687-9445 / Frankie De Leon $38.01 9915014797-124 09/04/2022 408-687-9854 / John Ramos $38.01 Monday, September 26, 2022Pages: 7 of 17user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/17/2022 - To Payment Date: 9/23/2022 241 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 9915014797-125 09/04/2022 408-688-1613 / Ricardo Alvarez $38.01 9915014797-126 09/04/2022 408-688-6252 / Benjamin Fu $28.46 9915014797-127 09/04/2022 408-691-2466 / Kane Wolfe $51.59 9915014797-128 09/04/2022 408-694-8703 / Domingo Santos $34.53 9915014797-129 09/04/2022 408-707-0987 / Richard Banda $38.01 9915014797-130 09/04/2022 408-748-6390 / Tree Crew Ipad 3 $38.01 9915014797-131 09/04/2022 408-761-3636 / Alex Greer $491.95 9915014797-132 09/04/2022 408-781-0290 / Daniel Barone $38.01 9915014797-133 09/04/2022 408-781-0663 / Bill Bridge $38.01 9915014797-134 09/04/2022 408-781-0799 / Brad Alexander $38.01 9915014797-135 09/04/2022 408-781-1340 / John Stiehr $38.01 9915014797-136 09/04/2022 408-781-4139 / Julia Kinst $40.01 9915014797-137 09/04/2022 408-781-4360 / Paul Tognetti $38.01 9915014797-138 09/04/2022 408-786-8664 / Jessica Javier $38.06 9915014797-139 09/04/2022 408-790-7036 / Pete Coglianese $24.03 9915014797-140 09/04/2022 408-790-7039 / Torin Scott $36.39 9915014797-141 09/04/2022 408-790-7045 / Rei Delgado $23.80 9915014797-142 09/04/2022 408-828-9819 / Kerri Heusler $34.35 9915014797-143 09/04/2022 408-841-6612 / T. Internet Emergncyvan $38.01 9915014797-144 09/04/2022 408-857-2355 / Alex Corbalis Travel Agent $25.39 9915014797-145 09/04/2022 408-891-9008 / Park Ranger Corridor $27.04 9915014797-146 09/04/2022 408-891-9503 / Rachelle Sander $25.69 9915014797-147 09/04/2022 408-892-1486 / Iqraam Nabi $51.59 9915014797-148 09/04/2022 408-892-5553 / Albert Salvador $38.01 9915014797-149 09/04/2022 415-425-6339 / Kirsten Squarcia $39.60 9915014797-150 09/04/2022 650-480-0930 / Alex Greer $31.88 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $4,429.12 230 - Env Mgmt Cln Crk Strm Drain 230 100-100 (Cash & Investments Assets Operating Cash) $89.76 265 - BMR Housing 265 100-100 (Cash & Investments Assets Operating Cash) $38.01 270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash) $393.68 520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash) $218.52 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $120.02 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $1,441.18 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $76.02 731131 09/23/2022 Open Accounts Payable CHEN, ETHAN $18,000.00 Invoice Date Description Amount 265982 09/19/2022 10047 Crescent Road, 100% L&M, 265982 $18,000.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $18,000.00 Monday, September 26, 2022Pages: 8 of 17user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/17/2022 - To Payment Date: 9/23/2022 242 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 731132 09/23/2022 Open Accounts Payable LEMARTEC CORPORATION $10,000.00 Invoice Date Description Amount 313022 09/20/2022 REFUND 1 INFINITE LOOP BLD-2021-2245 TCO BOND $10,000.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $10,000.00 731133 09/23/2022 Open Accounts Payable MALIK, AFZAL $17,300.00 Invoice Date Description Amount 269704 09/19/2022 22545 Poppy Dr, 100% L&M Bond, 269704 $17,300.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $17,300.00 731134 09/23/2022 Open Accounts Payable Vua Kho Bo Inc $404.12 Invoice Date Description Amount VKBI051322 05/13/2022 The applicant has a valid license already, cancelled both applic $404.12 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $404.12 731135 09/23/2022 Open Accounts Payable DIEGO RODRIGUEZ $142.25 Invoice Date Description Amount DiegoR050222 05/02/2022 Trees/ROW - Travel 2022 Western Chap ISA Conf & Trade Show $142.25 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $142.25 731136 09/23/2022 Open Accounts Payable FHDA CCD EUPHRAT MUSEUM DE ANZA COLLEGE $1,776.00 Invoice Date Description Amount EuphratW2022 03/29/2022 Euphrat - Winter 2022 $1,776.00 Paying Fund Cash Account Amount 580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash) $1,776.00 731137 09/23/2022 Open Accounts Payable Tammie Pereira Insurance Services, Inc. $428.00 Invoice Date Description Amount 2001363.030 08/01/2019 QCC- 7.31.19- Cupertino Room rental 7.18.19 $428.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $428.00 Type Check Totals:37 Transactions $201,820.59 EFT 35265 09/19/2022 Open Accounts Payable USPS - EFT ONLY $4,084.85 Invoice Date Description Amount 503602677 09/19/2022 PW City Hall - Mailer for Memorial Park Specific Plan $4,084.85 Paying Fund Cash Account Amount Monday, September 26, 2022Pages: 9 of 17user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/17/2022 - To Payment Date: 9/23/2022 243 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $4,084.85 35266 09/19/2022 Open Accounts Payable EMPLOYMENT DEVEL DEPT $49,899.29 Invoice Date Description Amount 09092022-2 09/09/2022 CA State Tax pp 8/27/22-9/9/22 $49,899.29 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $49,899.29 35267 09/19/2022 Open Accounts Payable IRS $162,634.43 Invoice Date Description Amount 09092022-2 09/09/2022 Federal Tax pp 8/27/22-9/9/22 $162,634.43 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $162,634.43 35268 09/22/2022 Open Accounts Payable P E R S $179,925.66 Invoice Date Description Amount 09092022 09/09/2022 PERS pp 8/27/22-9/9/22 $179,925.66 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $179,925.66 35269 09/23/2022 Open Accounts Payable Active Network, LLC $15,000.00 Invoice Date Description Amount 4100175117 09/13/2022 ACTIVENet Hub - Advanced: 10/01/2022 -- 09/30/2023: $15,000.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $15,000.00 35270 09/23/2022 Open Accounts Payable Advanced Systems Group LLC $1,077.00 Invoice Date Description Amount 9671 09/19/2022 Tiger Annual Renewal Maintenance 7/15/2022 - 7/14/2023 $1,077.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,077.00 35271 09/23/2022 Open Accounts Payable ALBERT SALVADOR $1,125.22 Invoice Date Description Amount AlbertS09192022 09/19/2022 Reimbursement for ICC Conference $1,125.22 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,125.22 35272 09/23/2022 Open Accounts Payable Alliant Insurance Services, Inc.$675.00 Invoice Date Description Amount 2082784 09/16/2022 Insurance Premium for Volunteer Fair 2022 $675.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $675.00 Monday, September 26, 2022Pages: 10 of 17user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/17/2022 - To Payment Date: 9/23/2022 244 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 35273 09/23/2022 Open Accounts Payable Amazon Capital Services $138.49 Invoice Date Description Amount 1WG6-WR97-HQND 09/19/2022 SVC Server Power Cable - Tripp Lite Basic PDU, 30A, 20 Outlets ( $271.37 1X1L-M6XM-7VFX 09/20/2022 Credit memo for invoice 1QD4-9PT6-9Q7F - UPS Battery replacement ($101.48) 1RRH-KFTX-QR17 09/03/2022 Credit memo for invoice 19WQ-TQGN-QG7H Laptop Bag - ($31.40) Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $138.49 35274 09/23/2022 Open Accounts Payable ANDERSON'S TREE CARE SPECIALISTS, INC $13,040.00 Invoice Date Description Amount 15939 08/30/2022 Grounds: Tree Work Stocklmeir, Monta Vista, Cyn Oak $5,600.00 16138 08/30/2022 Trees: 1362 & 1358 S Stelling Rd, $7,440.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $13,040.00 35275 09/23/2022 Open Accounts Payable Ayano Hattori $477.39 Invoice Date Description Amount AyanoH08312022 08/31/2022 Travel Reimbursement for APWA Convention in NC $477.39 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $477.39 35276 09/23/2022 Open Accounts Payable BAY AREA PRINTER AND DATA SERVICES $403.54 Invoice Date Description Amount 371047 09/20/2022 Printer supplies - Black , Yellow, Magenta & Cyan ink $403.54 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $403.54 35277 09/23/2022 Open Accounts Payable California Product Stewardship Council $3,000.00 Invoice Date Description Amount FY23-068-AF 07/05/2022 2022-2023 CPSC Associate Fees $3,000.00 Paying Fund Cash Account Amount 520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash) $3,000.00 35278 09/23/2022 Open Accounts Payable CoreLogic Solutions, LLC.$1,894.12 Invoice Date Description Amount 30621139 07/31/2022 RQ2 Flat Fee Limited Package 01-JUL-2022 to 31- JUL-2022 $953.81 30626335 08/31/2022 RQ2 Flat Fee Limited Package 01-AUG-2022 to 31- AUG-2022 $940.31 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $1,894.12 Monday, September 26, 2022Pages: 11 of 17user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/17/2022 - To Payment Date: 9/23/2022 245 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 35279 09/23/2022 Open Accounts Payable CSG Consultants, Inc.$4,812.50 Invoice Date Description Amount B221549 09/01/2022 Building Plan Review Services 8/1/2022 - 8/31/2022 $4,812.50 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $4,812.50 35280 09/23/2022 Open Accounts Payable Cupertino Supply, Inc $777.78 Invoice Date Description Amount 300943 09/15/2022 Grounds - Red Hot Blue Glue, Wrench, Push Button Valve, Lube, $762.61 300780 09/14/2022 Facilities - Galv Nipple, Brass FIP W/V Conn $15.17 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $777.78 35281 09/23/2022 Open Accounts Payable Darcy Paul $121.11 Invoice Date Description Amount 090922 09/09/2022 Mayor Paul Reimbursement League of California Annual Conference $121.11 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $121.11 35282 09/23/2022 Open Accounts Payable Dasher Technologies, Inc.$3,368.75 Invoice Date Description Amount PSI-DSH01724 09/18/2022 13.75 Hours of Consulting services $3,368.75 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $3,368.75 35283 09/23/2022 Open Accounts Payable David Stillman $556.96 Invoice Date Description Amount DavidS09102022 09/10/2022 Travel Reimbursement for NACTO in Boston MA $556.96 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $556.96 35284 09/23/2022 Open Accounts Payable DOGGIE WALK BAGS INC $5,150.25 Invoice Date Description Amount 0102281-IN 08/29/2022 Grounds - Doggie Bags $5,150.25 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $5,150.25 35285 09/23/2022 Open Accounts Payable EPAC TECHNOLOGIES, INC.$417.50 Invoice Date Description Amount E351354 09/16/2022 Office Supplies - Envelopes with Logo $417.50 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $417.50 35286 09/23/2022 Open Accounts Payable Evelyn Moran $369.55 Invoice Date Description Amount EvelynM08312022 08/31/2022 Travel Reimbursement for APWA Convention in NC $369.55 Monday, September 26, 2022Pages: 12 of 17user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/17/2022 - To Payment Date: 9/23/2022 246 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $369.55 35287 09/23/2022 Open Accounts Payable Ewing Irrigation Products Inc.$1,442.03 Invoice Date Description Amount 17744336 09/07/2022 Grounds - Cement w/Brush, Flange Slip, Primer $148.34 17738262 09/06/2022 Grounds - Quik Athletic Marking Chalk $186.70 17797485 09/14/2022 Grounds - 10in and 12in Green Box Lid, 3/4x12 PVC $974.63 17786249 09/13/2022 Grounds - 3/4 L/P Slip Fix Repair Coup $132.36 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,442.03 35288 09/23/2022 Open Accounts Payable FolgerGraphics $3,269.53 Invoice Date Description Amount 133399 09/14/2022 PW City Hall - Memorial Park Specific Plan $2,987.84 133366 09/12/2022 Coastal Cleanup Day 2022 advisement letter $281.69 Paying Fund Cash Account Amount 230 - Env Mgmt Cln Crk Strm Drain 230 100-100 (Cash & Investments Assets Operating Cash) $281.69 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $2,987.84 35289 09/23/2022 Open Accounts Payable GOVERNMENTJOBS.COM,INC.$16,428.50 Invoice Date Description Amount INV-28160 08/21/2022 FY23 Governmentjobs.com, Insight, & Onboard 9/19/22-9/20/23 $16,428.50 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $16,428.50 35290 09/23/2022 Open Accounts Payable Granite Rock Company $294,220.34 Invoice Date Description Amount 1000752 08/25/2022 Memorial Park Cupertino through 08252022 $294,220.34 Paying Fund Cash Account Amount 280 - Park Dedication 280 100-100 (Cash & Investments Assets Operating Cash) $294,220.34 35291 09/23/2022 Open Accounts Payable HUNG WEI $62.06 Invoice Date Description Amount 090722 09/07/2022 Transportation Reimbursement Conference $62.06 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $62.06 35292 09/23/2022 Open Accounts Payable Imperial Sprinkler Supply. Inc $53.02 Invoice Date Description Amount 5276835-00 09/09/2022 Grounds - Hunter MP Rotator 90-210 DEG Blue, Sprinkler Cap $53.02 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $53.02 Monday, September 26, 2022Pages: 13 of 17user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/17/2022 - To Payment Date: 9/23/2022 247 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 35293 09/23/2022 Open Accounts Payable JACKSON & HERTOGS LLP $1,140.00 Invoice Date Description Amount 129269 09/14/2022 Leung Petition TN $1,140.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,140.00 35294 09/23/2022 Open Accounts Payable JAM Services, Inc $10,857.94 Invoice Date Description Amount 160199 08/11/2022 PW City Hall Transportation - T Rod Framework, etc.$10,857.94 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $10,857.94 35295 09/23/2022 Open Accounts Payable JARVIS, FAY & GIBSON, LLP $1,116.00 Invoice Date Description Amount 16924 08/31/2022 Legal Services, August 2022 $1,116.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,116.00 35296 09/23/2022 Open Accounts Payable JINDY GARFIAS $55.00 Invoice Date Description Amount JindyG081122 08/11/2022 Cell Phone Reimbursement - Jindy G 7-12-22 to 8-11- 22 $55.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $55.00 35297 09/23/2022 Open Accounts Payable KIMBALL-MIDWEST $458.88 Invoice Date Description Amount 100292257 09/14/2022 Fleet - Cryo-N MNT Drill $458.88 Paying Fund Cash Account Amount 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $458.88 35298 09/23/2022 Open Accounts Payable Matt Morley $449.81 Invoice Date Description Amount MattM08312022 08/31/2022 Travel Reimbursement for APWA in Charlotte NC $449.81 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $449.81 35299 09/23/2022 Open Accounts Payable Moore Lacofano Goltsman, Inc.$5,052.00 Invoice Date Description Amount 0077007 09/16/2022 Jollyman Park All-Inclusive through 080122-083122 $5,052.00 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $5,052.00 35300 09/23/2022 Open Accounts Payable ODP Business Solutions, LLC $73.13 Invoice Date Description Amount 263102118001 08/26/2022 Creamer for CH downstairs kitchen $42.06 265151036001 09/07/2022 Service Center - Label, Silver Sharpie $31.07 Paying Fund Cash Account Amount Monday, September 26, 2022Pages: 14 of 17user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/17/2022 - To Payment Date: 9/23/2022 248 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $73.13 35301 09/23/2022 Open Accounts Payable PIU GHOSH $603.00 Invoice Date Description Amount PiuG072922 07/29/2022 Reimbursement - APA Membership renewal $603.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $603.00 35302 09/23/2022 Open Accounts Payable PlaceWorks $6,502.50 Invoice Date Description Amount 79124 07/31/2022 19191 Vallco Parkway Environmental Review 2022/07 $1,331.10 79122 07/31/2022 10046 Bianchi Way CEQA Review 2022/7 $5,171.40 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $6,502.50 35303 09/23/2022 Open Accounts Payable PLAN JPA $2,709.52 Invoice Date Description Amount PLAN-2023-0048 09/14/2022 General Liability Claims - August 2022 $2,709.52 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,709.52 35304 09/23/2022 Open Accounts Payable PlanIT Geo, Inc $8,000.00 Invoice Date Description Amount 1763 09/17/2022 FY23 Tree Plotter & Canopy Planner $8,000.00 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $8,000.00 35305 09/23/2022 Open Accounts Payable RANEY PLANNING & MANAGEMENT, INC. $740.49 Invoice Date Description Amount 2198E-10 09/15/2022 20860 McClellan Road Environmental Review 2022/08 $740.49 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $740.49 35306 09/23/2022 Open Accounts Payable RideAmigos $18,000.00 Invoice Date Description Amount 02684 09/15/2022 FY23 Commuter Management Platform $18,000.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $18,000.00 35307 09/23/2022 Reconciled Duplicate Payment 09/26/2022 Accounts Payable Rise Housing Solutions, Inc $29,939.50 Invoice Date Description Amount Cupertino-015 07/31/2022 BMR Program Administrator 2022/07 $18,597.00 Cupertino-016 08/31/2022 BMR Program Administrator 2022/08 $11,342.50 Paying Fund Cash Account Amount 265 - BMR Housing 265 100-100 (Cash & Investments Assets Operating Cash) $29,939.50 Monday, September 26, 2022Pages: 15 of 17user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/17/2022 - To Payment Date: 9/23/2022 249 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 35308 09/23/2022 Open Accounts Payable SABRE BACKFLOW LLC $142.82 Invoice Date Description Amount 3012 08/31/2022 Grounds - Calibration, Valve Bonnet, Valve Seat, Cleaned Filters $142.82 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $142.82 35309 09/23/2022 Open Accounts Payable SCA of CA, LLC $17,381.62 Invoice Date Description Amount 103922CS 08/31/2022 Street Sweeping August 2022 $17,381.62 Paying Fund Cash Account Amount 230 - Env Mgmt Cln Crk Strm Drain 230 100-100 (Cash & Investments Assets Operating Cash) $8,690.81 520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash) $8,690.81 35310 09/23/2022 Open Accounts Payable SERVICE STATION SYSTEMS, INC.$697.00 Invoice Date Description Amount 2149439 08/31/2022 Streets - PM Testing $697.00 Paying Fund Cash Account Amount 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $697.00 35311 09/23/2022 Open Accounts Payable SHUTE, MIHALY & WEINBERGER LLP $3,035.26 Invoice Date Description Amount 278446 09/15/2022 Legal Services, August 2022 $1,019.41 278377 09/14/2022 Legal Services, August 2022 $2,015.85 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $3,035.26 35312 09/23/2022 Open Accounts Payable SMART & FINAL $84.97 Invoice Date Description Amount 4331400003901 07/19/2022 Summer 2022 Camp Supplies $84.97 Paying Fund Cash Account Amount 580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash) $84.97 35313 09/23/2022 Open Accounts Payable The Home Depot Pro $1,625.65 Invoice Date Description Amount 707278149 09/16/2022 Facilities - Park Bathroom Supplies $1,625.65 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,625.65 35314 09/23/2022 Open Accounts Payable WEST COAST ARBORISTS, INC.$3,360.00 Invoice Date Description Amount 189557 08/04/2022 The Rise at Vallco Arborist Review 2022/08 $3,360.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $3,360.00 Type EFT Totals:50 Transactions $876,449.96 Monday, September 26, 2022Pages: 16 of 17user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/17/2022 - To Payment Date: 9/23/2022 250 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Main Account - Main Checking Account Totals Checks Status Count Transaction Amount Reconciled Amount Open 37 $201,820.59 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Stopped 0 $0.00 $0.00 Total 37 $201,820.59 $0.00 EFTs Status Count Transaction Amount Reconciled Amount Open 49 $846,510.46 $0.00 Reconciled 1 $29,939.50 $0.00 Voided 0 $0.00 $0.00 Total 50 $876,449.96 $0.00 All Status Count Transaction Amount Reconciled Amount Open 86 $1,048,331.05 $0.00 Reconciled 1 $29,939.50 $0.00 Voided 0 $0.00 $0.00 Stopped 0 $0.00 $0.00 Total 87 $1,078,270.55 $0.00 Grand Totals: Checks Status Count Transaction Amount Reconciled Amount Open 37 $201,820.59 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Stopped 0 $0.00 $0.00 Total 37 $201,820.59 $0.00 EFTs Status Count Transaction Amount Reconciled Amount Open 49 $846,510.46 $0.00 Reconciled 1 $29,939.50 $0.00 Voided 0 $0.00 $0.00 Total 50 $876,449.96 $0.00 All Status Count Transaction Amount Reconciled Amount Open 86 $1,048,331.05 $0.00 Reconciled 1 $29,939.50 $0.00 Voided 0 $0.00 $0.00 Stopped 0 $0.00 $0.00 Total 87 $1,078,270.55 $0.00 Monday, September 26, 2022Pages: 17 of 17user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/17/2022 - To Payment Date: 9/23/2022 251 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Main Account - Main Checking Account Check 731138 09/30/2022 Open Accounts Payable ABOLI JAYDEEP RANADE $234.00 Invoice Date Description Amount 092722 AJR 09/27/2022 September fitness classes $234.00 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $234.00 731139 09/30/2022 Open Accounts Payable Advantage Grafix $213.89 Invoice Date Description Amount 46873 08/26/2022 Business Cards - Alex Greer & Kimberlin Leung $213.89 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $213.89 731140 09/30/2022 Open Accounts Payable ALHAMBRA $31.89 Invoice Date Description Amount 4984902 090322 09/03/2022 BOTTOM LOAD HOT AND COLD COOLER WITH SMARTFLO $31.89 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $31.89 731141 09/30/2022 Open Accounts Payable Anagha Kulkarni $105.00 Invoice Date Description Amount 092722 AK 09/27/2022 September fitness classes $105.00 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $105.00 731142 09/30/2022 Open Accounts Payable AT&T $8,086.90 Invoice Date Description Amount 000018756306 09/12/2022 911 Emergency Phone Lines - 08/12/2022 - 09/11/2022 $182.34 000018755300-0 09/12/2022 City Clerk $27.71 000018755300-1 09/12/2022 4082558166 - Service Center Admin $27.49 000018755300-2 09/12/2022 City Hall $1,565.60 000018755300-3 09/12/2022 Service Center $110.38 000018755300-4 09/12/2022 Wilson Park $27.48 000018755300-5 09/12/2022 Street Maintenance $27.81 000018755300-6 09/12/2022 Monte Vista - 0720858144 $563.59 000018755300-7 09/12/2022 BBF Golf - 0720858146 $459.44 000018755300-8 09/12/2022 BBF Park $459.44 000018755300-9 09/12/2022 0720858349 - 10229 North Portal Avenue $459.44 000018755300-10 09/12/2022 Teleconnect: BTN0720858350 $459.44 000018755300-11 09/12/2022 720858352 $563.59 000018755300-12 09/12/2022 Teleconnect: BTN0722762181 $563.59 000018755300-13 09/12/2022 2343448559 $1,887.96 000018756268-0 09/12/2022 4087771305 | | 10185 N STELLING RD - Secure FAX $16.35 000018756268-1 09/12/2022 4087771306 | | 10185 N STELLING RD - Sheriff $16.55 000018756268-2 09/12/2022 4087771307 | | 10185 N STELLING RD - Sheriff $16.55 Monday, October 03, 2022Pages: 1 of 16user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 252 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 000018756268-3 09/12/2022 4087771311 | | 22221 MC CLELLAN RD - Environmental Education Cen $21.62 000018756268-4 09/12/2022 4087771318 | | 10555 MARY AV - Traffic Operating Center on Franc $32.55 000018756268-5 09/12/2022 4087771331 | | 21975 SAN FERNANDO AV - BBF- Kiosk Alarm $17.05 000018756268-6 09/12/2022 4087771340 | | 10555 MARY AV - Alarm- Service Center $16.67 000018756268-7 09/12/2022 4087771344 | | 21251 STEVENS CREEK BL - SEN - FAX $16.55 000018756268-8 09/12/2022 4087771345 - CH- PG&E Meter $16.70 000018756268-9 09/12/2022 4087771346 | | 21111 STEVENS CREEK BL - SPORTS Center - HVAC Lin $16.70 000018756268-10 09/12/2022 4087771348 | | 10555 MARY AV - Alarm- Service Center $17.93 000018756268-11 09/12/2022 4087771355 | | 10555 MARY AV - Mechanic Shop FAX $16.55 000018756268-12 09/12/2022 4087773102 | | 10185 N STELLING RD - Museum/Spare $16.55 000018756268-13 09/12/2022 4087773103 | | 10185 N STELLING RD - Museum/Spare $16.55 000018756268-14 09/12/2022 4087773109 - FAX $16.55 000018756268-15 09/12/2022 4087773112 | | 21111 STEVENS CREEK BL - SPORTS- Fire Alarm $18.18 000018756268-16 09/12/2022 4087773113 | | 21111 STEVENS CREEK BL - SPORTS- Fire Alarm $16.80 000018756268-17 09/12/2022 4087773137 | | 10185 N STELLING RD - FAX QCC $16.55 000018756268-18 09/12/2022 4087773143 | | 21975 SAN FERNANDO AV - BBF - Retreat Alarm $17.38 000018756268-19 09/12/2022 4087773145 | | 21975 SAN FERNANDO AV - BBF- Alarm Golf Shed $16.70 000018756268-20 09/12/2022 4087773156 | | 21251 STEVENS CREEK BL - SEN- FAX Work Room $16.55 000018756268-21 09/12/2022 4087773164 | | 21111 STEVENS CREEK BL - Sports Fax $16.70 000018756268-22 09/12/2022 4087773168 | | 21111 STEVENS CREEK BL - Sports Center Elevator $16.70 000018756268-23 09/12/2022 4087773254 | | 21975 SAN FERNANDO AV - BBF - Golf Shed $21.64 000018756268-24 09/12/2022 4087773258 | | 21975 SAN FERNANDO AV - BBF- $ODUP&DIp $16.55 000018756268-25 09/12/2022 4087773287 - Comm Hall - Alarm $17.62 000018756268-26 09/12/2022 4087773288 - Comm Hall - Fire Alarm $17.05 000018756268-27 09/12/2022 4087773293 - Comm Hall - Fire Alarm $16.55 000018756268-28 09/12/2022 4087773302 | | 21251 STEVENS CREEK BL - SEN- Credit Card Front D $16.55 000018756268-29 09/12/2022 4087773305 | | 21251 STEVENS CREEK BL - SEN- Credit Card Front D $16.55 000018756268-30 09/12/2022 4087773317 - CH- Finance CC VISA $16.70 000018756268-31 09/12/2022 4087773333 - CH- FAX downstairs $16.72 000018756268-32 09/12/2022 4087773365 | | 21251 STEVENS CREEK BL - RNA FAX $16.55 Monday, October 03, 2022Pages: 2 of 16user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 253 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 000018756268-33 09/12/2022 4087773369 | | 21251 STEVENS CREEK BL - SEN- Alarm Line $18.01 000018756268-34 09/12/2022 4087773370 | | 21251 STEVENS CREEK BL - SEN- Alarm Line $16.78 000018756268-35 09/12/2022 4087773372 | | 21251 STEVENS CREEK BL - Trane Modem (HVAC) $16.55 000018756268-36 09/12/2022 4087773387 | | 10555 MARY AV - FAX or Alarm $16.55 000018756268-37 09/12/2022 4087773388 | | 10555 MARY AV - FAX or Alarm $16.55 000018756268-38 09/12/2022 4087773399 | | 10555 MARY AV - FAX $16.75 000018756268-39 09/12/2022 4087773401 | | 20410 TOWN CENTER LN - FAX number at City Attorne ($12.15) 000018756268-40 09/12/2022 4087773416 | | 21251 STEVENS CREEK BL - SEN- Cr Card $16.55 000018756268-41 09/12/2022 4087773419 | | 21251 STEVENS CREEK BL - SEN- Cr Card $16.55 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,867.65 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $85.08 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $5,117.62 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $16.55 731143 09/30/2022 Open Accounts Payable BURR PLUMBING AND PUMPING INC $8,893.29 Invoice Date Description Amount 111854 09/14/2022 Install 2 new propress isolation valves at Memorial Park $933.29 111852 09/14/2022 Facilities - Memorial Park Tennis Ct Restrooms $7,960.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $8,893.29 731144 09/30/2022 Open Accounts Payable CINTAS CORP $1,128.10 Invoice Date Description Amount 4131920631 09/20/2022 UNIFORMS SAFETY APPAREL $1,128.10 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,128.10 731145 09/30/2022 Open Accounts Payable COUNTY OF SANTA CLARA $1,394,634.09 Invoice Date Description Amount 1800082732 09/01/2022 Advance for Law Enforcement Svs SEP22 $1,379,849.83 1800082833 09/12/2022 Other Supp Law Enforcement Svcs - Dilli Haat Festival $4,085.60 1800082832 09/12/2022 Other Supp Law Enforcement Svcs - Apple Special Event $10,698.66 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,394,634.09 Monday, October 03, 2022Pages: 3 of 16user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 254 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 731146 09/30/2022 Open Accounts Payable DONE RIGHT, INC.$10,175.00 Invoice Date Description Amount 7014 07/30/2022 Facilities - City Hall Dryrot on Beams $1,850.00 7026 09/07/2022 Facilities - City Hall Rem Facia Board on Westside Install New $8,325.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $10,175.00 731147 09/30/2022 Open Accounts Payable EMC Planning Group, Inc.$96,289.83 Invoice Date Description Amount 22-293 05/31/2022 Housing Element Update 2023-31 Consultant 2022/05 (GP-090) $26,952.19 22-349 06/30/2022 Housing Element Update 2023-31 Consultant 2022/06 (GP-090) $34,341.11 22-402 07/31/2022 Housing Element Update 2023-31 Consultant 2022/07 (GP-090) $30,636.76 22-278 05/31/2022 Housing & Safety Elements EIR 2022/05 (ENV-812) $1,616.25 22-332 06/30/2022 Housing & Safety Elements EIR 2022/06 (ENV-812) $2,743.52 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $96,289.83 731148 09/30/2022 Open Accounts Payable HUICHEN LIN $546.00 Invoice Date Description Amount 092722 HL 09/27/2022 September fitness classes $546.00 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $546.00 731149 09/30/2022 Open Accounts Payable Lori Baumgartner $186.60 Invoice Date Description Amount LoriB09282022 09/28/2022 CRRA Conference 9.6.22-9.9.22- travel reimbursements $186.60 Paying Fund Cash Account Amount 520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash) $186.60 731150 09/30/2022 Open Accounts Payable Mood Media $108.90 Invoice Date Description Amount 57016111 09/01/2022 MOOD MEDIA Recurring Services from 01-SEP-22 to 30-SEP-22 $108.90 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $108.90 731151 09/30/2022 Open Accounts Payable Operating Engineers Local Union No. 3 $1,515.08 Invoice Date Description Amount 09232022 09/23/2022 Union Dues pp 9/10/22-9/23/22 $1,515.08 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,515.08 Monday, October 03, 2022Pages: 4 of 16user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 255 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 731152 09/30/2022 Open Accounts Payable ORLANDI TRAILER $26.53 Invoice Date Description Amount 210963 09/15/2022 Facilities - Pin Lynch $26.53 Paying Fund Cash Account Amount 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $26.53 731153 09/30/2022 Open Accounts Payable PACE Supply Corp $67.99 Invoice Date Description Amount 168042499 09/21/2022 Grounds: school site supplies $67.99 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $67.99 731154 09/30/2022 Open Accounts Payable PG&E $20,401.05 Invoice Date Description Amount 1715-092122 09/21/2022 4993063171-5 8/17/22-9/15/22 $20,401.05 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $20,401.05 731155 09/30/2022 Open Accounts Payable PG&E $33,373.63 Invoice Date Description Amount 5875-092122 09/21/2022 2012160587-5 8/19/22-9/20/22 $20.21 3296-083022 08/30/2022 5116972329-6 7/25/22-8/23/22 $33,353.42 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $33,373.63 731156 09/30/2022 Open Accounts Payable PRN Ergonomic Services $200.00 Invoice Date Description Amount 2118 08/31/2022 HR: Ergo Eval for Nathan V.$200.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $200.00 731157 09/30/2022 Open Accounts Payable SAN JOSE WATER COMPANY $1,285.66 Invoice Date Description Amount 0645365732-9 822 08/23/2022 Trees & ROW Portable Meter 8/23/22 $473.53 Import - 898408 09/12/2022 1393820000-6 CL - Irrig SC/Stelling LS (Stev Crk Blvd)$194.18 Import - 898409 09/12/2022 3296700000-4 CL - Irrig SC/Stelling LS (Stev Crk Blvd)$188.74 0645365732-9 922 09/21/2022 Trees & ROW Portable Meter 9/21/22 $429.21 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,285.66 731158 09/30/2022 Open Accounts Payable SAN JOSE WATER COMPANY $824,636.03 Invoice Date Description Amount 063022 09/07/2022 Water System Upgrades $698,363.93 052022 07/15/2022 Water System Upgrades $126,272.10 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $824,636.03 Monday, October 03, 2022Pages: 5 of 16user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 256 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 731159 09/30/2022 Open Accounts Payable SONIA DOGRA $156.00 Invoice Date Description Amount 092722 SD 09/27/2022 September fitness classes $156.00 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $156.00 731160 09/30/2022 Open Accounts Payable TERRACON CONSULTANTS, INC $18,000.00 Invoice Date Description Amount TG52451 03/26/2022 Blackberry Farm Aquatic Center through 120521- 032622 $6,000.00 TG67399 04/25/2022 Blackberry Farm Aquatic Center through 032722- 042322 $2,400.00 TG71416 05/06/2022 Blackberry Farm Aquatic Center through 042422- 050722 $9,600.00 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $18,000.00 731161 09/30/2022 Open Accounts Payable United Site Services $773.83 Invoice Date Description Amount INV-01032895 09/26/2022 Trees/ROW - SWP 9-26-22 to 10-23-22 $492.78 114-13372649 09/27/2022 portable toilet at compost site September-October 2022 $281.05 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $492.78 520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash) $281.05 731162 09/30/2022 Open Accounts Payable Forester, Stephen $28.75 Invoice Date Description Amount 2006546.030 09/23/2022 QCC course #18233, 1 day refund for 9/22/22 $28.75 Paying Fund Cash Account Amount 580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash) $28.75 731163 09/30/2022 Open Accounts Payable SUNRUN $190.20 Invoice Date Description Amount 313033 09/27/2022 REFUND 10151 DEEPROSE PL BLD-2022-1362 WITHDRAWN $190.20 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $190.20 731164 09/30/2022 Open Accounts Payable THE FORUM AT RANCHO SAN ANTONIO $10,000.00 Invoice Date Description Amount 310319 09/28/2022 REFUND 23650 VIA ESPLENDOR B-2018-1974 TCO BOND $10,000.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $10,000.00 Monday, October 03, 2022Pages: 6 of 16user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 257 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 731165 09/30/2022 Open Accounts Payable Tsui, Miriam $76.00 Invoice Date Description Amount 2001619.032 09/13/2022 Iphone Intermediate Class Didn't Meet Prerequisite $76.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $76.00 731166 09/30/2022 Open Accounts Payable Yamashita, Annie $500.00 Invoice Date Description Amount 2006529.030 09/20/2022 QCC- 10.30.22- Cupertino Room Security Deposit Refund $500.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $500.00 731167 09/30/2022 Open Accounts Payable Melisa Stoner $135.00 Invoice Date Description Amount 092722 MS 09/27/2022 September fitness classes $135.00 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $135.00 Type Check Totals:30 Transactions $2,431,999.24 EFT 35315 09/26/2022 Open Accounts Payable USPS - EFT ONLY $4,084.85 Invoice Date Description Amount 504180800 09/16/2022 CUPERTINO SCENE INC $4,084.85 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $4,084.85 35316 09/30/2022 Open Accounts Payable Colonial Life & Accident Insurance $29.16 Invoice Date Description Amount 09232022 09/23/2022 Colonial Products pp 9/10/22-9/23/22 $29.16 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $29.16 35317 09/30/2022 Open Accounts Payable Employment Development $8,654.75 Invoice Date Description Amount 09232022 09/23/2022 State Disability Insurance pp 9/10/22-9/23/22 $8,654.75 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $8,654.75 35318 09/30/2022 Open Accounts Payable National Deferred (ROTH)$2,790.66 Invoice Date Description Amount 09232022 09/23/2022 Nationwide Roth pp 9/10/22-9/23/22 $2,790.66 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,790.66 Monday, October 03, 2022Pages: 7 of 16user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 258 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 35319 09/30/2022 Open Accounts Payable National Deferred Compensatin $25,755.57 Invoice Date Description Amount 09232022 09/23/2022 Nationwide Deferred Compensation pp 9/10/22- 9/23/22 $25,755.57 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $25,755.57 35320 09/30/2022 Open Accounts Payable PERS-457K $14,358.15 Invoice Date Description Amount 09232022 09/23/2022 PERS Deferred Comp pp 9/10/22-9/23/22 $14,358.15 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $14,358.15 35321 09/30/2022 Open Accounts Payable State Disbursement Unit $231.23 Invoice Date Description Amount 09232022 09/23/2022 Child Support pp 9/10/22-9/23/22 $231.23 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $231.23 35322 09/30/2022 Open Accounts Payable 4LEAF, Inc.$36,603.51 Invoice Date Description Amount J3872-01D 09/16/2022 Orange Ave. Sidewalk Improvements through 080122- 083122 $36,603.51 Paying Fund Cash Account Amount 270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash) $36,603.51 35323 09/30/2022 Open Accounts Payable Alliant Insurance Services, Inc.$657.00 Invoice Date Description Amount 2092962 09/28/2022 Insurance Premium for Wildlife and Harvest Day Festival 2022 $657.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $657.00 35324 09/30/2022 Open Accounts Payable Amit Goel $390.00 Invoice Date Description Amount 092722 AG 09/27/2022 September classes $390.00 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $390.00 35325 09/30/2022 Open Accounts Payable Bikeep Inc.$49.00 Invoice Date Description Amount 17874 09/30/2022 Bikeep monthly upkeep fee $49.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $49.00 35326 09/30/2022 Open Accounts Payable Boucher Law, PC $16,283.35 Invoice Date Description Amount 1147 09/21/2022 Labor & Employment Law Matters 6/1/22-6/30/22 $1,909.00 Monday, October 03, 2022Pages: 8 of 16user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 259 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 1148 09/21/2022 Labor Negotiations (2022) 6/1/22-6/30/22 $14,374.35 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $16,283.35 35327 09/30/2022 Open Accounts Payable California Commercial Fence $40,331.23 Invoice Date Description Amount 2450 09/20/2022 City of Cupertino - Regnart Creek Trail $40,331.23 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $40,331.23 35328 09/30/2022 Open Accounts Payable Callander Associates Landscape Architecture $939.00 Invoice Date Description Amount 21059-8 09/22/2022 Wilson Park Community Garden through 08312022 $939.00 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $939.00 35329 09/30/2022 Open Accounts Payable CASCADIA CONSULTING GROUP, INC. $14,126.25 Invoice Date Description Amount 9170 09/22/2022 Cupertino Parks Engagement 2022 through 072622- 082522 $14,126.25 Paying Fund Cash Account Amount 560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash) $14,126.25 35330 09/30/2022 Open Accounts Payable CDW Government $6,015.92 Invoice Date Description Amount BR82559 07/27/2022 5x HANWHA 2MP 3CH 30FPS MULTIDIRECT CAMERAS $6,015.92 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $6,015.92 35331 09/30/2022 Open Accounts Payable CHRIS CORRAO $562.13 Invoice Date Description Amount ChrisC09102022 09/10/2022 Travel Reimbursement for NACTO in Boston MA $562.13 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $562.13 35332 09/30/2022 Open Accounts Payable CODELINKD, LLC $90.00 Invoice Date Description Amount CODE_SUM2223_10%09/13/2022 CODELINKD_SUMMER22- 23_PAYMENT1_ADJUSTEMENT 10% $90.00 Paying Fund Cash Account Amount 580 - Recreation Program 580 100-100 (Cash & Investments Assets Operating Cash) $90.00 35333 09/30/2022 Open Accounts Payable Community Health Charities HO $50.00 Invoice Date Description Amount 09232022 09/23/2022 Community Health Charities pp 9/10/22-9/23/22 $50.00 Monday, October 03, 2022Pages: 9 of 16user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 260 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $50.00 35334 09/30/2022 Open Accounts Payable EDGES ELECTRICAL GROUP $342.70 Invoice Date Description Amount S5678096.001 09/26/2022 Streets - Wire, Auger BIT, Wrench $342.70 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $342.70 35335 09/30/2022 Open Accounts Payable Eflex Group, Inc $3,303.61 Invoice Date Description Amount 09232022 09/23/2022 FSA Employee Health pp 9/10/22-9/23/22 $3,303.61 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $3,303.61 35336 09/30/2022 Open Accounts Payable Ewing Irrigation Products Inc.$939.22 Invoice Date Description Amount 17839288 09/20/2022 Grounds - Backflow Device Blankets $883.23 17839313 09/20/2022 Grounds - 3/4 Dawn Kwikrepair Coup $55.99 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $939.22 35337 09/30/2022 Open Accounts Payable FolgerGraphics $3,391.60 Invoice Date Description Amount 133523 09/26/2022 Leaf Blower Postcard Printing $403.76 133493 09/23/2022 SB9 Community Meeting Postcard Printing $2,987.84 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $3,391.60 35338 09/30/2022 Open Accounts Payable GRACE DUVAL $264.00 Invoice Date Description Amount 092722 GD 09/27/2022 September fitness classes $264.00 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $264.00 35339 09/30/2022 Open Accounts Payable HMH Engineers $6,669.50 Invoice Date Description Amount 45312 09/06/2022 Orange Avenue Improvements through 08272022 $6,669.50 Paying Fund Cash Account Amount 270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash) $6,669.50 35340 09/30/2022 Open Accounts Payable Homebase $923.82 Invoice Date Description Amount 02083 09/14/2022 CWP Homelessness Administrator 2022/08 $923.82 Paying Fund Cash Account Amount 265 - BMR Housing 265 100-100 (Cash & Investments Assets Operating Cash) $923.82 Monday, October 03, 2022Pages: 10 of 16user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 261 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 35341 09/30/2022 Open Accounts Payable ICMA Retirement Trust-457 $14,514.38 Invoice Date Description Amount 09232022 09/23/2022 ICMA Deferred Comp pp 9/10/22-9/23/22 $14,514.38 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $14,514.38 35342 09/30/2022 Open Accounts Payable ICONIX WATERWORKS (US) INC.$1,133.91 Invoice Date Description Amount U2216042407 09/06/2022 Grounds - 2 Ring Non-Asbestors 1/16 Gasket $3.66 U2216045248 09/21/2022 Grounds - Plated Bolt Set Up, 4 Ring Non-Asbestos, Spool, FLG 90 $1,130.25 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,133.91 35343 09/30/2022 Open Accounts Payable IFPTE LOCAL 21 $2,114.08 Invoice Date Description Amount 09232022 09/23/2022 Association Dues - CEA pp 9/10/22-9/23/22 $2,114.08 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,114.08 35344 09/30/2022 Open Accounts Payable JAM Services, Inc $40,883.69 Invoice Date Description Amount 161218 09/14/2022 Streets - Valmont DS340 Pole $5,609.03 161219 09/14/2022 Streets: Cree LED Luminaire Light Fixtures Quote JEM072222F3 $35,274.66 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $40,883.69 35345 09/30/2022 Open Accounts Payable JAMES COLVIN $1,768.00 Invoice Date Description Amount 092722 JC 09/27/2022 PT for September $1,768.00 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $1,768.00 35346 09/30/2022 Open Accounts Payable JENNIFER HILL $287.00 Invoice Date Description Amount 092722 JH 09/27/2022 September fitness classes $287.00 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $287.00 35347 09/30/2022 Open Accounts Payable John Raaymakers $55.00 Invoice Date Description Amount JohnR09192022 09/19/2022 Cell Phone Reimbursement through 09192022 $55.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $55.00 Monday, October 03, 2022Pages: 11 of 16user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 262 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 35348 09/30/2022 Open Accounts Payable JULIA KINST $55.00 Invoice Date Description Amount JuliaK09192022 09/19/2022 Cell Phone Reimbursement through 082022-091922 $55.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $55.00 35349 09/30/2022 Open Accounts Payable KEVIN RIEDEN $144.75 Invoice Date Description Amount 60143 07/15/2022 EnviroCert Certification Receipt Kevin R.$144.75 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $144.75 35350 09/30/2022 Open Accounts Payable KIMBERLY LUNT $39.34 Invoice Date Description Amount KimL09122022 09/12/2022 Cell Phone Reimbursement through 081322-091222 $39.34 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $39.34 35351 09/30/2022 Open Accounts Payable Mesiti-Miller Engineering, Inc.$225.50 Invoice Date Description Amount 0722047 07/31/2022 Outdoor Basketball Court - Geotechnical Investigation 072522 $225.50 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $225.50 35352 09/30/2022 Open Accounts Payable MONICA G. RANES-GOLDBERG $546.00 Invoice Date Description Amount 092722 MGRG 09/27/2022 September fitness classes $546.00 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $546.00 35353 09/30/2022 Open Accounts Payable Moore Lacofano Goltsman, Inc.$19,331.48 Invoice Date Description Amount 0077015 09/16/2022 Lawrence-Mitty Park & Trail Master Plan through 080122-083122 $19,331.48 Paying Fund Cash Account Amount 280 - Park Dedication 280 100-100 (Cash & Investments Assets Operating Cash) $19,331.48 35354 09/30/2022 Open Accounts Payable MOSS ADAMS LLP $8,100.00 Invoice Date Description Amount 102346091 09/21/2022 Ongoing Program Management services 8/1/22- 8/31/22 $1,400.00 102346090 09/21/2022 FWA Program Services 8/1/22-8/31/22 $6,700.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $8,100.00 Monday, October 03, 2022Pages: 12 of 16user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 263 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 35355 09/30/2022 Open Accounts Payable Nicole Lee $281.80 Invoice Date Description Amount NicoleL092822 09/28/2022 CRRA Conference 9.6.22-9.9.22- travel reimbursements $281.80 Paying Fund Cash Account Amount 520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash) $281.80 35356 09/30/2022 Open Accounts Payable ODP Business Solutions, LLC $550.41 Invoice Date Description Amount 263807841001 08/26/2022 Service Center Paper $88.38 264325362001 08/30/2022 service center kitchen supplies $126.18 259940968001 08/26/2022 Service Center office supplies $53.03 264326998001 08/30/2022 service center kitchen supplies $282.82 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $550.41 35357 09/30/2022 Open Accounts Payable PARS/City of Cupertino $2,959.44 Invoice Date Description Amount 09232022 09/23/2022 PARS Employee pp 9/10/22-9/23/22 $2,959.44 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,959.44 35358 09/30/2022 Open Accounts Payable PlaceWorks $27,803.74 Invoice Date Description Amount 79436 08/31/2022 10046 Bianchi Way CEQA Review 2022/8 $6,703.95 79435 08/31/2022 Marina Plaza Environmental Review 2022/8 $7,674.23 79471 08/31/2022 19191 Vallco Parkway Environmental Review 2022/08 $11,885.56 79480 08/31/2022 1655 S De Anza Blvd Environmental Review 2022/08 $1,540.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $27,803.74 35359 09/30/2022 Open Accounts Payable Professional Turf Management, Inc.$17,067.50 Invoice Date Description Amount 1247 09/20/2022 Golf course monthly maintenance fee - September 2022 $17,000.00 1248 09/23/2022 monthly gate service - September 2022 $67.50 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $67.50 560 - Blackberry Farm 560 100-100 (Cash & Investments Assets Operating Cash) $17,000.00 35360 09/30/2022 Open Accounts Payable Quench USA, Inc.$251.78 Invoice Date Description Amount INV04391213 10/01/2022 10981 Franco Ct address through 100122-113022 $82.61 INV04394657 10/01/2022 10300 Torre Avenue through 100122-113022 $169.17 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $251.78 Monday, October 03, 2022Pages: 13 of 16user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 264 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 35361 09/30/2022 Open Accounts Payable R & R INDUSTRIES, INC.$7,129.98 Invoice Date Description Amount 627235 07/22/2022 OE3 Uniform Shirts (last FY but ship delays)$7,129.98 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $7,129.98 35362 09/30/2022 Open Accounts Payable Raychel Renee Balcioni Cruz $1,620.00 Invoice Date Description Amount 092722 RRBC 09/27/2022 September fitness classes $1,620.00 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $1,620.00 35363 09/30/2022 Open Accounts Payable Rojin Karimzad $405.00 Invoice Date Description Amount 092722 RK 09/27/2022 September fitness classes $405.00 Paying Fund Cash Account Amount 570 - Sports Center 570 100-100 (Cash & Investments Assets Operating Cash) $405.00 35364 09/30/2022 Open Accounts Payable San Jose Conservation Corps & Charter School $3,480.00 Invoice Date Description Amount 7773 08/31/2022 Compost Site Attendants- August 2022 $3,480.00 Paying Fund Cash Account Amount 520 - Resource Recovery 520 100-100 (Cash & Investments Assets Operating Cash) $3,480.00 35365 09/30/2022 Open Accounts Payable SHIFT KEY SOLUTIONS, INC $2,200.00 Invoice Date Description Amount 091922-01 09/27/2022 2 hour MS Excel Workshop Tuesday, September 27, 2022 $2,200.00 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $2,200.00 35366 09/30/2022 Open Accounts Payable Starbird Consulting LLC $2,258.58 Invoice Date Description Amount 0198 09/22/2022 Environmental Consulting Regnart Rd. Improvements through 083122 $1,209.40 0199 09/22/2022 Environ. Con. Svcs. McClellan Ranch West Parking Lot 08312022 $1,049.18 Paying Fund Cash Account Amount 420 - Capital Improvement Fund 420 100-100 (Cash & Investments Assets Operating Cash) $2,258.58 35367 09/30/2022 Open Accounts Payable Statewide Traffic Safety & Signs Inc.$647.63 Invoice Date Description Amount 05038751 09/20/2022 Streets - Aquarphalt 4.0, Fix Swing, Adjustable Swing $647.63 Paying Fund Cash Account Amount 270 - Transportation Fund 270 100-100 (Cash & Investments Assets Operating Cash) $647.63 Monday, October 03, 2022Pages: 14 of 16user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 265 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference 35368 09/30/2022 Open Accounts Payable SUNNYVALE FORD $240.25 Invoice Date Description Amount 209903 09/16/2022 Fleet - Valve A1, Kit-S1, Radiator $240.25 Paying Fund Cash Account Amount 630 - Vehicle/Equip Replacement 630 100-100 (Cash & Investments Assets Operating Cash) $240.25 35369 09/30/2022 Open Accounts Payable SUNSTATE EQUIPMENT CO., LLC $1,201.67 Invoice Date Description Amount 11096578-001 09/19/2022 Trees/ROW - 6K Mini w/Thumb and 18" Tooth Bucket $934.86 11000094-002 08/10/2022 Trees/ROW - 8K Mini-Ex with 12" Bucket $266.81 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $1,201.67 35370 09/30/2022 Open Accounts Payable Superco Specialty Products $569.26 Invoice Date Description Amount PSI465336 09/14/2022 Grounds: graffiti buster $569.26 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $569.26 35371 09/30/2022 Open Accounts Payable Sustainable Purchasing Leadership Council $2,400.00 Invoice Date Description Amount 02919 07/26/2022 Invoice for SPLC Membership $2,400.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,400.00 35372 09/30/2022 Open Accounts Payable TJKM $10,110.00 Invoice Date Description Amount 0053186 08/31/2022 Cupertino Local Road Safety Plan through 080122- 083122 $10,110.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $10,110.00 35373 09/30/2022 Open Accounts Payable Uniguest, Inc.$6,358.47 Invoice Date Description Amount CB1082123 08/29/2022 1x Annual Support, License, & Warranty - Digital Sign 8/1/2022 t $309.00 INV285125 08/29/2022 1x JANUS Multimedia Controller (JMC-10x), Touchscreen Mapping $6,049.47 Paying Fund Cash Account Amount 610 - Innovation & Technology 610 100-100 (Cash & Investments Assets Operating Cash) $6,358.47 35375 09/30/2022 Open Accounts Payable Arena Stuart Rentals Inc.,$2,727.00 Invoice Date Description Amount 116169 09/23/2022 Tables and chairs rental for volunteer fair $2,727.00 Paying Fund Cash Account Amount 100 - General Fund 100 100-100 (Cash & Investments Assets Operating Cash) $2,727.00 Monday, October 03, 2022Pages: 15 of 16user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 266 Number Date Status Void Reason Reconciled/ Voided Date Source Payee Name Transaction Amount Reconciled Amount Difference Type EFT Totals:60 Transactions $367,296.85 Main Account - Main Checking Account Totals Checks Status Count Transaction Amount Reconciled Amount Open 30 $2,431,999.24 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Stopped 0 $0.00 $0.00 Total 30 $2,431,999.24 $0.00 EFTs Status Count Transaction Amount Reconciled Amount Open 60 $367,296.85 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Total 60 $367,296.85 $0.00 All Status Count Transaction Amount Reconciled Amount Open 90 $2,799,296.09 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Stopped 0 $0.00 $0.00 Total 90 $2,799,296.09 $0.00 Grand Totals: Checks Status Count Transaction Amount Reconciled Amount Open 30 $2,431,999.24 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Stopped 0 $0.00 $0.00 Total 30 $2,431,999.24 $0.00 EFTs Status Count Transaction Amount Reconciled Amount Open 60 $367,296.85 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Total 60 $367,296.85 $0.00 All Status Count Transaction Amount Reconciled Amount Open 90 $2,799,296.09 $0.00 Reconciled 0 $0.00 $0.00 Voided 0 $0.00 $0.00 Stopped 0 $0.00 $0.00 Total 90 $2,799,296.09 $0.00 Monday, October 03, 2022Pages: 16 of 16user: Vi Tran Payment Register **LIVE** Cupertino **LIVE** From Payment Date: 9/24/2022 - To Payment Date: 9/30/2022 267 CITY OF CUPERTINO Agenda Item 22-11636 Agenda Date: 10/24/2022 Agenda #: 6. INFORMATION ITEM Subject: Consider the Audit Committee 2022 Schedule and Work Plan Receive Audit Committee 2022 Schedule and Work Plan and provide direction to staff Presenter: Thomas Leung, Senior Management Analyst 5:45(5) CITY OF CUPERTINO Printed on 10/21/2022Page 1 of 1 powered by Legistar™268 January 24, 2022 February 24, 2022 March 28, 2022 April 25, 2022 May 23, 2022 June 27, 2022 July 25, 2022 August 22, 2022 September 26, 2022 October 24, 2022 November 28, 2022 December 12, 2022 Approve Prior Meeting Minutes Approve Prior Meeting Minutes Approve Prior Meeting Minutes Approve Prior Meeting Minutes Approve Prior Meeting Minutes Approve Prior Meeting Minutes Approve Prior Meeting Minutes Approve Prior Meeting Minutes Approve Prior Meeting Minutes Approve Prior Meeting Minutes Approve Prior Meeting Minutes Approve Prior Meeting Minutes Treasurer's Report for Quarter Ending December 31, 2021 Internal Audit Update Monthly Treasurer's Report for January and February 2022 Monthly Treasurer's Report for March 2022 Internal Audit Update Monthly Treasurer's Report for May 2022 Monthly Treasurer's Report for June 2022 Internal Audit Update Monthly Treasurer's Report for August 2022 Monthly Treasurer's Report for September 2022 Internal Audit Update Monthly Treasurer's Report for November 2022 OPEB & Pension Section 115 Trust Performance Report for Quarter Ending December 31, 2021 Budget Format Review OPEB & Pension Section 115 Trust Performance Report for Quarter Ending March 31, 2022 Budget Format Review Monthly Treasurer's Investment Report for May 2022 OPEB & Pension Section 115 Trust Performance Report for Quarter Ending June 30, 2022 External Audit Subcommittee and RFP Kickoff Monthly Treasurer's Investment Report for August 2022 OPEB & Pension Section 115 Trust Performance Report for Quarter Ending September 30, 2022 ACFR and AUP Draft Review/Update (reschedule to January 2023) Monthly Treasurer's Investment Report for November 2022 Review of FY 2020-21 ACFR and Supplemental Reports Annual Review of City Investment Policy Monthly Treasurer's Report for April 2022 Proposed FY 2022-23 Internal Audit Work Plan Monthly Treasurer's Investment Report for June 2022 Monthly Treasurer's Report for July 2022 Interim Audit and AUP Engagements Annual Review of Pension and OPEB Trust Investment Policy Monthly Treasurer's Report for October 2022 Committee Input to Independent Auditor on Interim Audit and AUP Engagements Monthly Treasurer's Investment Report for April 2022 Budget Format Review Budget Format Review Monthly Treasurer's Investment Report for July 2022 Monthly Treasurer's Investment Report for September 2022 Monthly Treasurer's Investment Report for October 2022 Follow-up on Previous Fiscal Year Management Letter Items and Management Responses Budget Format Review (Fund Balance Policy) Structure of Potential Budget Review Budget Format Review (OpenGov Data Sources) Source: Cupertino, CA Municipal Code, Chapter 2.88.100: Audit Committee The powers and functions of the Audit Committee shall be as follows: A:To review the annual audit report and management letter; B:To recommend appointment of auditors; C.To review the monthly Treasurer’s report; D.To recommend a budget format; E.To review City investment policies and internal controls of such policies. F.To recommend appointment of internal auditors; G.To review internal audit reports. H.To review quarterly Fraud, Waste, and Abuse Program reports. (Ord. 22-2243 § 1, 2022; Ord. 20-2208, § 1, 2020; Ord. 1679, § 1 (part), 1995) CITY OF CUPERTINO - AUDIT COMMITTEE 2022 SCHEDULE AND WORK PLAN Summary of Duties – Powers – Responsibilities of Cupertino Audit Committee 269